Akash55
Member
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Activity: 223
Merit: 10
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October 18, 2017, 09:37:21 AM |
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I agree with the Bitcoin Bank idea. But it can be seen that everyone can not agree with this bitcoin bank again. So it depends on how many people agree with this idea.
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Bastime
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October 18, 2017, 09:42:41 AM |
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I think no need, for what? My wallet is like a bank to me. You can send or withdraw your Bitcoin anytime and if you don't need to purchase online using Bitcoin, your account or wallet will keep your money as it is with what bank can offer.
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sammiko
Newbie
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Activity: 23
Merit: 0
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October 18, 2017, 09:45:45 AM |
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Banks wont go anyway further the place they are right now, bitcoin has no skills to make loans for a long period, neither be able to allow to earn 1-3% monthly, even knowing bitcoin its very volatil. I do understand that bitcoin bank might allow people to earn those interest, but the thing is it will put several bitcoins into one place, and hackers will try to get acess to them, they already crossed the walls from banks more then once, soo i would avoid it.
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Opquar
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October 18, 2017, 10:00:37 AM |
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Lots of people use Bitcoin so they don't have to rely on banks, so what's the point if you're going to use a bank anyway? Lol. But yeah, we are capable enough of protecting our own coins. There should be no need for banks.
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annmarie
Jr. Member
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Activity: 52
Merit: 10
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October 18, 2017, 10:08:03 AM |
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By owning your own wallet on the desktop you are basically your own bank. I don't know why you would want someone to hold your money for you you wouldn't do it to someone in the street so why a bank?
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hangar18
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October 18, 2017, 10:08:25 AM |
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Individually I would never use it! but something can make bitcoin much more popular to the mass it could be good for us as well! we want as numerous different techniques as possible to make it more trustable to every person
I'm not too sure about that. At least I would have waited for even greater bursts of bitcoin and then I would think of something like that. I sincerely doubt that such a thing could be checked now. You must to remember we are using Bitcoin with decentralization network, if we have Bitcoin Bank, how to keep this nature? Beside that, hacker will take advantage this function and hack the banks system to rob all Bitcoin.
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Kamote_1102
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October 18, 2017, 05:03:20 PM |
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I don't agree with Bitcoin Bank. we're just making it worse to get our Bitcoin back to us. Please correct me if I'm wrong, is this the idea of bitcoin bank you're talking about?saving bitcoin to this "bitcoin bank". then they will ask you all the information they needed from you.and when you finally decided to withdraw it. Will they ask you a lot of questions just to verify your identity again?. well. that's totally stupid. but if the idea is to deposit your bitcoin to this "bank" and it eventually goes up, That will be great.
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DenGreen910
Newbie
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Activity: 42
Merit: 0
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October 18, 2017, 08:00:59 PM |
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Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea. So, i would like to find out the percentage of user who agreed with this idea.
Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think? p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
Yes why not? if you'll get percent or your btc will be in safe. It's cool idea
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Tim2412
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October 18, 2017, 08:50:40 PM |
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I dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
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Trela
Legendary
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Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
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October 18, 2017, 08:51:53 PM |
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Lots of people use Bitcoin so they don't have to rely on banks, so what's the point if you're going to use a bank anyway? Lol. But yeah, we are capable enough of protecting our own coins. There should be no need for banks.
Yeah, we can hold our Bitcoin and use it for loans through loans services or some exchanges support it. Of course, I know the risk of cryptocurrency always higher than banking system, but I do not want to put my money into any place, because it means I support Bitcoin become centralization.
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DarkSi
Member
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Activity: 294
Merit: 15
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October 19, 2017, 12:41:47 AM |
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Individually I would never use it! but something can make bitcoin much more popular to the mass it could be good for us as well! we want as numerous different techniques as possible to make it more trustable to every person
I'm not too sure about that. At least I would have waited for even greater bursts of bitcoin and then I would think of something like that. I sincerely doubt that such a thing could be checked now. You must to remember we are using Bitcoin with decentralization network, if we have Bitcoin Bank, how to keep this nature? Beside that, hacker will take advantage this function and hack the banks system to rob all Bitcoin. Why do you guys think that a bank means centralisation necessary? And by the way, decentralized networks are also have a risk to be hacked.
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phpartisanmaster
Member
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Activity: 350
Merit: 10
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October 19, 2017, 01:11:39 AM |
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I dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
Well the main reason why other people might not agree of a bitcoin bank is because it was really hard to register if it will be placed in a bank and there is so many papers to register and it was less security because hackers will target the banks.
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Zubayer
Member
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Activity: 181
Merit: 10
Working as a Web Developer and Cyber specialist.
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October 19, 2017, 01:38:00 AM |
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I think this is worst idea about bitcoin. Actually we don't needed any bitcoin bank. Bitcoin bank may be couldn't use properly, this is not important for bitcoin. Bitcoin bank is not need for bitcoin users.
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Altas
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October 19, 2017, 01:41:26 AM |
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I dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
An intermediary participation will surely increase the transaction fee, because a small amount gets charged by them as Western Union and other services. This doesn't make any difference between bitcoin from other services. Taking it into thinking bitcoin banking system will not be that effective.
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DarkSi
Member
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Activity: 294
Merit: 15
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October 19, 2017, 01:45:53 AM |
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I dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
An intermediary participation will surely increase the transaction fee, because a small amount gets charged by them as Western Union and other services. This doesn't make any difference between bitcoin from other services. Taking it into thinking bitcoin banking system will not be that effective. Transaction fees not necessary will increase. Imagine a service consolidates transactions into one big transaction and operates it. For one big transaction could be even lower than for many separate ones.
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erwan
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October 19, 2017, 01:49:40 AM |
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Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea. So, i would like to find out the percentage of user who agreed with this idea.
Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think? p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
I do not agree with the implementation of Bitcoin Bank. Because if it happens I'm sure the transaction fee will be more expensive.
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jakirtanvir
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October 19, 2017, 01:53:28 AM |
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I think it should have. Bitcoin will get a new way to be popular and be famous. Then it will get out from restriction of many countries.so it’s nice
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Pumapipa
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October 19, 2017, 02:06:04 AM |
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Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea. So, i would like to find out the percentage of user who agreed with this idea.
Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think? p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
Actually it defeats the purpose and the beautiful features of bitcoin which are decentralized system and anonymity. If bitcoin be out in a bank, then what separates it from other bank? Where will they get operational expenses like site maintenance and for the support people? From here, I can see that those who will pinoeer on this one will suggest that part of bitcoin deposit be part of the maintenence of the bitcoin bank. Dozens of identification will be required of the depositors. Thus, the downfall of bitcoin and the rise of other altcoins. I do nkt like and will not support this one.
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rodel caling
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October 19, 2017, 06:51:17 AM |
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definitely here in my country have a one bitcoin bank in the famous city yes i agree bitcoin to become operate in the banking system all over the world it blessing for us bitcoin used transaction through online banking thats the evidince bitcoin are goes up to famous.
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Lorilikes
Sr. Member
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Activity: 672
Merit: 251
Content| Press Releases | Articles | Strategy
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October 19, 2017, 06:59:06 AM |
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Bank is a term that implies someone else will manage your money. I think that's irrelevant in Bitcoin because each person still handles every transaction themselves. I think the concept of a bitcoin SERVICES bank will be awesome. Imagine a place where you can get a loan based on Bitcoin income in the same stop as the place where you could convert btc into other currencies, and a place you could invest in a mining pool. All in one place. While it isn't a bank, it is a similar operation minus the centralized hand of power.
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