Bitcoin Forum
November 20, 2017, 11:57:38 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [All]
  Print  
Author Topic: Build a Bank Of Bitcoin  (Read 12631 times)
bit-emperor
Full Member
***
Offline Offline

Activity: 172


View Profile
February 10, 2017, 12:52:11 AM
 #1

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511222258
Hero Member
*
Offline Offline

Posts: 1511222258

View Profile Personal Message (Offline)

Ignore
1511222258
Reply with quote  #2

1511222258
Report to moderator
1511222258
Hero Member
*
Offline Offline

Posts: 1511222258

View Profile Personal Message (Offline)

Ignore
1511222258
Reply with quote  #2

1511222258
Report to moderator
AUDREY23
Sr. Member
****
Offline Offline

Activity: 252


View Profile
February 10, 2017, 01:53:27 AM
 #2

bitcoin bank should build in large numbers means there are branches in several major cities in the country, provide services, as well as a good management system competitive interest then surely people will believe

ArdiPrabowo
Sr. Member
****
Offline Offline

Activity: 476


View Profile
February 10, 2017, 02:03:05 AM
 #3

bank of bitcoin without transaction cash fiat money is ready, dekstop wallet or online wallet is same bank in fiat money
but if you want bank of bitcoin must build office, and can direct cash fiat money in bank of bitcoin i think is very dificult and imposible
you must understand, many people like bitcoin because anonymous without verified ID
Immakillya
Sr. Member
****
Offline Offline

Activity: 364


MatrixCoin - Creating Bright Future Together


View Profile
February 10, 2017, 02:07:39 AM
 #4

I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.

   
▄████▄       
██████       
▀████▀       
▀██████      ▄▄▄▄▄▄▄▄▄▄▄▄   
▄▄█████  ▄██████████████████▄
▄██████▀██  ████████████████████
▄█████▀    ▀  ████████████████████
▄█████▀         ███ ████████████ ███
██████▀          ███ ████████████ ███
███████           ███ ████████████ ███

▄████▄                  ███████   
██████                 ▄██████     
▀████▀                ▄█████▀     
▄▄▄▄▄▄▄▄▄▄▄▄      ▄    ▄█████▀       
▄██████████████████▄  ██▄ █████▀         
████████████████████  ██████▀▀           
████████████████████  ██████▄             
███ ████████████ ███                     
███ ████████████ ███                     
███ ████████████ ███                       
  [    |    ████████████████████████
████████████████████████
███            ▀████████
███  ███████  ▄  ▀██████
███           ██▄  ▀████
███  ███████  ████▄  ███
███                  ███
███  ██████████████  ███
███                  ███
███  ██████████████  ███
███                  ███
████████████████████████
████████████████████████
  ] 
FACEBOOK  )   (  TWITTER  )
  SUBSCRIBE NOW!!! 
INSTAGRAM  )  (  LINKEDIN  )
zidanw
Sr. Member
****
Offline Offline

Activity: 350


UNIVERSA - BLOCKCHAIN FOR BUSINESS


View Profile
February 10, 2017, 02:26:46 AM
 #5

I don't believe. first I didn't know you, second actual there are other alternatives to save bitcoin (wallet)
get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin
how can you pay interest and bitcoin used worldwide if you made a bitcoin bank whether you can lend the whole world

pitham1
Legendary
*
Offline Offline

Activity: 1218

VIABET.IO PRE-ICO | NOV 14


View Profile
February 10, 2017, 02:36:17 AM
 #6

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

A bank is not a simple institution. They are regulations involved. There is minimum capital adequacy. Depositors are protected through insurance... It isn't easy getting permission and running a bank.

maydna
Hero Member
*****
Offline Offline

Activity: 672



View Profile
February 10, 2017, 03:20:03 AM
 #7

if the bank is not take any taxes for any transaction we've made, then i think the bank should be fine. because we know that the bank is controlled by government so if there is any bank of bitcoin then i am sure that government will get involve with bitcoin too and they should make any regulations for this and we can not use bitcoin by free like before. we should pay the tax, more fee when we make a transaction and any other that we don't like.

█████████████████████████████████████████████████████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▄▄▄███▄▄▄▄▄▄▄▄▄███▄▄▄▄▄▄▄▄▄▄███
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████▀███▀████████████████████████████████████
█████████████████████████████████████████████████████
████████████▄███▄████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
█████████████████████████████████████████████████████



██        ███         ███                         ███
███        ▀▀▀  ███    ███                         ▀▀▀
███████▄   ███  █████  ███     ▄█████▄   ▄█████▄   ███   ▄█████▄
██  ▀███  ███  ███▀▀  ███    ███▀ ▀███ ███▀ ▀███  ███  ███▀ ▀▀
██   ███  ███  ███    ███    ███   ███ ███   ███  ███  ███
███  ▄██▀  ███  ███    ███    ███▄ ▄███ ███▄ ▄███  ███  ███▄ ▄▄
███████▀   ███  ▀████  ▀████   ▀█████▀   ▀███████  ███   ▀█████▀
                                         ▄▄   ███
                                        ▀██████▀
||
b
..........COUPON CODE..........
[ OFIE-2AHG ]
for 100% First Deposit Bonus
|
rajasumi3
Full Member
***
Offline Offline

Activity: 210


View Profile
February 10, 2017, 05:04:55 AM
 #8

you dont have to build a bitcoin bank all by ourselves with ur guys .as china is building their own bitcoin bank which is very crutial and others should understand that china will be the most powerful country if all the people start using bitcoins as on a daily basis.

pooya87
Legendary
*
Offline Offline

Activity: 1092


Buy bitcoin they said... who listened?


View Profile
February 10, 2017, 05:23:11 AM
 #9

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

i have always said that this is what will happen in the future when bitcoin adoption grows but instead the traditional banks will do it, not random person on the internet. having your money at the bank, taking loans, ... these are all giving banks lots of profit and they share a small portion of it as profit they give to savings accounts.

Dudeperfect
Hero Member
*****
Offline Offline

Activity: 672

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
February 10, 2017, 05:31:05 AM
 #10

We have already discussed the idea of bitcoin bank and a majority of the users are against the concept of bitcoin bank (I am not one of them).

Do you agree with idea "Bitcoin bank" ?

Have a look at the thread (link above) to have brief understanding of user's opinion.

Zadicar
Hero Member
*****
Offline Offline

Activity: 742



View Profile
February 10, 2017, 05:32:21 AM
 #11

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Wow you would tend to build your own bitcoin bank? You did already think off the posibilities that might happen if you plan to do this? If government would accept your service then it would be good but i think most bitcoin users would not use your service at all because there are lots of wallets could be used to.

asriloni
Hero Member
*****
Offline Offline

Activity: 714



View Profile
February 10, 2017, 05:36:14 AM
 #12

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Nope, I guess you must read this word.

Quote
Be my own bank.

Blockchain.info

So, I don't think a lot of people will interest with your idea they already own their own bank.



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
ImHash
Hero Member
*****
Offline Offline

Activity: 546


MatrixCoin - Creating Bright Future Together


View Profile
February 10, 2017, 05:46:04 AM
 #13

With which back up gold reserves you planning to secure your funds? with what arm forces are you going to enforce the law upon any arising issues?
You think operating a bank is like copy pasting the source code and build a wallet and then create a sh*t coin?
Who are you guys and where you come from another planet?


██████████.......█████......
████████████.....███████.....
███....█████.....███████.....
███....█████.....███████.....
████....██████...█████████....
██████......██████████...█████████....
█████......██████......████....██...█████████....
█████......██████......████....███.███████████...
█████......██████......████....███.███████████...
███...................█████████████████.███████████...
███..███..█████.......██████████.████████████.█████████..
███..█████.......██████████.████████████.█████████..
█████.......██████████.████████████.█████████..
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......██.....█████████.....██████████
██████████.....█████████.....██████████
██████████.....█████████.....██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
deadsilent
Hero Member
*****
Offline Offline

Activity: 518


MatrixCoin - Creating Bright Future Together


View Profile
February 10, 2017, 06:07:18 AM
 #14

You know, wallets can be your own bank. It doesn't make sense  to me if you are making a bank for bitcoin. I haven't seen any bank like this. Why dont you make a wallet with unique features? Bank means you need to get under the government control which bitcoin users dont  want to be involve with.


██████████.......█████......
████████████.....███████.....
███....█████.....███████.....
███....█████.....███████.....
████....██████...█████████....
██████......██████████...█████████....
█████......██████......████....██...█████████....
█████......██████......████....███.███████████...
█████......██████......████....███.███████████...
███...................█████████████████.███████████...
███..███..█████.......██████████.████████████.█████████..
███..█████.......██████████.████████████.█████████..
█████.......██████████.████████████.█████████..
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......██.....█████████.....██████████
██████████.....█████████.....██████████
██████████.....█████████.....██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
noictib
Hero Member
*****
Offline Offline

Activity: 602


★Nitrogensports.eu★


View Profile
February 10, 2017, 06:08:57 AM
 #15

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
In my opinion It can't be a good idea . Think twice before to start or think to start such type of services .
First problem is to start your own bank needed to permission and there will question asked by them that his will you grow your money , if you will say that it is only bitcoin for which we start bank than what will be your reply for the down of the price of bitcoin .
In this way you can't prove that you can start bank with bitcoin . Instead of start bank you should make own money investment the bitcoin and trade like a fiat bank money .
Well here you need to think that idea of bitcoin bank already is looking to start own service but I am.not sure what will happen in future .


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
olubams
Hero Member
*****
Offline Offline

Activity: 504


View Profile
February 10, 2017, 06:11:21 AM
 #16

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

But you also need some fundamental truth about traditional bank that they don't just wake up one day and start doing that and people don't just keep money with them. They do quite a number of things which include depositing large amount of money with the Central Bank to be sure they are liquid enough. They also comply with all registration and the likes. They don't just start and go international. If you can do this, I am sure the trust will come and I can keep some with you...
pinkflower
Sr. Member
****
Offline Offline

Activity: 392



View Profile
February 10, 2017, 07:04:25 AM
 #17

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Two words for you. NO WAY.

Why would I trust you? BTC is designed to remove the trust and become a trustless system. It removes the middlemen, also known as the banks, out of the transaction if I send BTC from my wallet to another wallet. Why add an old concept to what is something new? Your thinking should be changed.

█████████████████████████████████████████████████████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▄▄▄███▄▄▄▄▄▄▄▄▄███▄▄▄▄▄▄▄▄▄▄███
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████▀███▀████████████████████████████████████
█████████████████████████████████████████████████████
████████████▄███▄████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
█████████████████████████████████████████████████████



██        ███         ███                         ███
███        ▀▀▀  ███    ███                         ▀▀▀
███████▄   ███  █████  ███     ▄█████▄   ▄█████▄   ███   ▄█████▄
██  ▀███  ███  ███▀▀  ███    ███▀ ▀███ ███▀ ▀███  ███  ███▀ ▀▀
██   ███  ███  ███    ███    ███   ███ ███   ███  ███  ███
███  ▄██▀  ███  ███    ███    ███▄ ▄███ ███▄ ▄███  ███  ███▄ ▄▄
███████▀   ███  ▀████  ▀████   ▀█████▀   ▀███████  ███   ▀█████▀
                                         ▄▄   ███
                                        ▀██████▀
||
b
COUPON CODE
[ OFIE-2AHG ]
for 100% First Deposit Bonus
|
bravehearth0319
Hero Member
*****
Offline Offline

Activity: 490


PikcioChain ICO Starts on 24th of November


View Profile
February 10, 2017, 07:23:30 AM
 #18

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
It's not because I don't trust you, but Bitcoin was designed for anonymity, and decentralization, most people will ignore your bank for sure if ever that happen. Because they don't want somebody will hold their coins and with verification Id before they withdraw their bitcoin. Even yourself your not gonna do it also.


███  █████
███  ██  ██
██    ██  ██
██  ███  ██
██  █  █  ██
      █  █  ██
██  █  █
██  █  █  ██
██  ███  ██
██  ██    ██
██  ██  ███
█████  ███
.PIKCIOCHAIN.                         ▄▄█████▄▄
                        ██▀     ▀██
                       ██  ▄███▄  ██
                      ██  ███████  ██
                      ██  ███████  ██
                       ██  ▀███▀  ██
        ▄▄▄▄▄▄▄▄      ▄███▄     ▄██
     ▄████████████▄ ▄██▀ ▀▀█████▀▀
   ▄████▀▀▀▀▀▀▀▀████▄              ▄▄▄▄▄
  ███▀            ▀███           ▄█████████▄
 ███▀              ▀███        ▄███▀▀   ▀▀██▀
███▀     ▄████▄     ▀███      ▄██▀
███     ████████     ████████████
███     ████████     ████████████
███▄     ▀████▀     ▄███      ▀██▄
 ███▄              ▄███        ▀███▄▄   ▄▄██▄
  ███▄            ▄███           ▀█████████▀
   ▀████▄▄▄▄▄▄▄▄████▀               ▀▀▀▀▀
     ▀████████████▀
        ▀▀▀▀▀▀▀▀

███  ███
███  █  █
█      █  █
█  ███  █
█  █  █  █
    █  █  █
█  █  █
█  █  █  █
█  ███  █
█  █      █
█  █  ███
███  ███

███  ███
███  █  █
█      █  █
█  ███  █
█  █  █  █
    █  █  █
█  █  █
█  █  █  █
█  ███  █
█  █      █
█  █  ███
███  ███

███  █████
███  ██  ██
██    ██  ██
██  ███  ██
██  █  █  ██
      █  █  ██
██  █  █
██  █  █  ██
██  ███  ██
██  ██    ██
██  ██  ███
█████  ███
ASHLIUSZ
Hero Member
*****
Offline Offline

Activity: 490


Zigger.io


View Profile
February 10, 2017, 07:27:12 AM
 #19

With the price fluctuations happening with bitcoin it is really a hard to function by paying interest to the users similar to the traditional banking. With banks a common interest is paid to the users but with bitcoin if interest is paid depending on the price of bitcoin people won't be benefitted much. This keeps them to follow traditional banking than the bitcoin banking system.

.ZIGGER.      ███
  ███ ███
█ ███ ███
█ ███ ███
     ███
███ ███
███ ███
  ███ ███
███ ███
███ ███
███     █
███ ███
███
A Decentralized Crypto Marketplace
____ for Localized Shopping ____
[|FACEBOOK
TWITTER
SLACK
|.
ICO  ▶  13th November 2017
GET YOUR 40% BONUS
IN FIRST 24 HOURS!
]      ███
  ███ ███
█ ███ ███
█ ███ ███
     ███
███ ███
███ ███
  ███ ███
███ ███
███ ███
███     █
███ ███
███
Amph
Legendary
*
Offline Offline

Activity: 1694



View Profile
February 10, 2017, 07:30:54 AM
 #20

I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.

funny thing is that while what you say is true, everyone is still using an exchange to trade(and hold their funds which is against what bitcoin is by your logic, because they are centralized

i think a bitcoin bank could help bitcoin adoption greatly for those that are newcomers to this world, in fact with the introduction of coinbase in the past, which is the best bitcoin bank you can get now, the adoption did increased
coynedterm
Hero Member
*****
Offline Offline

Activity: 574


★Nitrogensports.eu★


View Profile
February 10, 2017, 07:53:43 AM
 #21

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Nice idea , but think yourself why people will addict toward you bank money  of bitcoin and for what service you will give 2-3% profit per year .
Once Suppose you get success to start your bank of bitcoin and also suppose thousands of people invested in your bitcoin bank but what you will do if the people will ask for the profit of interest .
I mean you should have idea to increase the amount of the money that have made deposit by the people in your bank .
It is not much easy as you are thinking , It needs a very big thinking to develop with big amount of money to invest and big range of advertisment also .Which is not easy for a simple person .


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
phr0stbyt3
Hero Member
*****
Offline Offline

Activity: 630



View Profile
February 10, 2017, 07:59:07 AM
 #22

I like your idea about building a bank and providing services like a normal bank. But I don't think it will be that successful because now also many people aren't aware of bitcoins and second I don't think people will put their money for interest as bitcoin itself provides high return per year. The idea is good but is risky and has a high investment required. But if it is successful it can be good for the future of bitcoin both in terms of price and it's awareness.

              ▄▄▄▄▄▄▄▄▄▄▄▄
          ▄▄███▀▀▀▀▀▀▀▀▀▀███▄▄
       ▄██▀▀   ▄▄▄▄▄▄▄▄▄▄   ▀▀██▄
     ▄██▀  ▄▄████▀▀▀▀▀▀▀███▄▄  ▀██▄
   ▄██▀  ▄██▀▀   ▄▄▄▄▄▄▄  ▀▀██▄  ▀██▄
  ▐██   ██▀   ▄███▀▀▀▀▀███▄  ▀██   ██▌
  ██▌  ██▌   ██▀         ▀██  ▐██  ▐██
 ▐██   ██   ▐██           ██▌  ██▌  ██▌
  ██▌  ▐█▄   ██▄        ▄██▀  ▄█▀  ▐██
   ██▄  ▀██▄  ▀██▄    ▄██▀  ▄██▀  ▄██
    ▀██▄  ▀██▄  ▀█  ▄██▀  ▄██▀  ▄██▀
      ▀██▄  ▀██▄  ▄██▀  ▄██▀  ▄██▀
        ▀██▄  ▀████▀  ▄██▀  ▄██▀
          ▀██▄  ▀▀  ▄██▀  ▄██▀
            ▀██▄  ▄██▀  ▄██▀
              ▀████▀  ▄██▀
                ▀▀  ▄██▀
                   ▀▀▀
  T r i p p k i..
makes travel more rewarding
      ─ ─── ────..Hotel Booking & Rewards Platform
     ▄▄██████▄▄
  ▄██████████████▄
▐██████▀    ▀██████▌
██████▌      ▐██████
▐██████▄    ▄██████▌
 ▐████████████████▌
   ▀████████████▀
     ▐█████████
       ███████
        █████
         ███
          ▀
.Valuable Rewards.     ▄▄██████▄▄
  ▄██████████████▄
▐██████▀    ▀██████▌
██████▌      ▐██████
▐██████▄    ▄██████▌
 ▐████████████████▌
   ▀████████████▀
     ▐█████████
       ███████
        █████
         ███
          ▀
.Better Relationship.     ▄▄██████▄▄
  ▄██████████████▄
▐██████▀    ▀██████▌
██████▌      ▐██████
▐██████▄    ▄██████▌
 ▐████████████████▌
   ▀████████████▀
     ▐█████████
       ███████
        █████
         ███
          ▀
.Distributed Ecosystem.
,
,
.Buy TRIP Tokens.
Join our Telegram
Discuss in Bitcointalk
Nahl
Legendary
*
Offline Offline

Activity: 1064



View Profile
February 10, 2017, 08:18:25 AM
 #23

regulation would be the main problem if you want to build bitcoin bank especially if bitcoin illegal and also every transactions would not anonymous anymore because usually banks want our personal ID if we want to create account at there and our bitcoin address will recognized everytime we send bitcoin to other address so basically this is not good idea

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
legendbtc
Sr. Member
****
Offline Offline

Activity: 448



View Profile
February 10, 2017, 08:36:32 AM
 #24

Bitcoin is not specific to single country, if it is restricted to specific country than we can build bank for bitcoin easily. Bitcoin have distributed to many countries so each country have different rules and regulation. It may be difficult to setup a bank for bitcoin because many other banks oppose and not support by them any more.



       ██                 ██                 ██
      ████               ████               ████
     ██████             ██████             ██████
    ████████           ████████           ████████
   ██████████         ██████████         ██████████
  ████████████       ████████████       ████████████
 ██████████████     ██████████████     ██████████████
████████████████   ████████████████   ████████████████
 ██████████████  █  ██████████████  █  ██████████████
  ████████████  ███  ████████████  ███  ████████████
   ██████████  █████  ██████████  █████  ██████████
    ████████  ███████  ████████  ███████  ████████
     ██████  █████████  ██████  █████████  ██████
      ████  ███████████  ████  ███████████  ████
       ██  █████████████  ██  █████████████  ██




 ▄███████████████  ████                 ▄████████████▄     ████          ████  ████████████████████
█████████████████  ████                ████████████████    ████          ████  ████████████████████
████               ████               ████▀        ▀████   ████          ████          ████
████               ████              ████            ████  ████          ████          ████
████               ████              ████            ████  ████          ████          ████
████               ████              ████            ████  ████          ████          ████
████               ████              ████            ████  ████          ████          ████
████               ████              ████            ████  █████         ████          ████
████               ████               ████▄        ▄████    █████▄▄      ████          ████
█████████████████  █████████████████   ████████████████      ████████████████          ████
 ▀███████████████   ▀███████████████    ▀████████████▀        ▀▀█████████████          ████


█  █████  █
██  ███  ██
███  █  ███
████   ████
███  █  ███
██  ███  ██
█  █████  █
  ███████
█  █████  █
██  ███  ██
███  █  ███
████   ████
███  █  ███
██  ███  ██
█  █████  █


█  █████  █
██  ███  ██
███  █  ███
████   ████
███  █  ███
██  ███  ██
█  █████  █
  ███████
█  █████  █
██  ███  ██
███  █  ███
████   ████
███  █  ███
██  ███  ██
█  █████  █
megynacuna
Sr. Member
****
Offline Offline

Activity: 336


★Bitvest.io★ Play Plinko or Invest!


View Profile
February 10, 2017, 12:49:41 PM
 #25

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

A big NO as tgat defeats decentralization. We need our freedom and that's what Bitcoin came to do. To give us tgat freedom to own our banks and have access to our funds every time of the day, it's a feedom from a central authority so why should we come place our freedom in your hands again.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
pedrog
Legendary
*
Offline Offline

Activity: 1624



View Profile
February 10, 2017, 02:05:23 PM
 #26

Already done, already failed, a lot of people got scammed and lost a shit load coins.

Search 'NEO and BEE'.

zuyfg888
Sr. Member
****
Offline Offline

Activity: 406


View Profile
February 10, 2017, 03:41:49 PM
 #27

Putting a bank of bitcoin would be very risk to everyone though we already know about this, but how about others? We all know that people dont trust easily if its regards on money. Its a big responsibility. But having a bank for it would be great for us.

█ █ █ █ █
█ █ ● █ █
● █ █ █ █
█ ● █ █ █
█ █ █ █ ●
█ █ █ █ █
█ ● █ █ █
● █ █ ● █
█ █ █ █ █
█ █ █ █ █
█ ● █ █ █
● █ █ █ ●
█ █ █ █ █
               ▄▄█  █▄▄
            ▄█████  █████▄
       ▄  █▄ ▀▀███  ███▀▀ ▄█  ▄
   ▄▄███  ████▄▄ ▀  ▀ ▄▄████  ███▄▄

  ▀▀███  ████▀▀ ▄  ▄ ▀▀████  ███▀▀  ▄
███▄▄  ▀  ▀▀ ▄▄███  ███▄▄ ▀▀  ▀  ▄▄███
█████▀      ▀█████  █████▀      ▀█████
█▀▀  ▄▄█  ██▄▄ ▀▀█  █▀▀ ▄▄██  █▄▄  ▀▀█
   █████  ██████      ██████  █████
█▄▄  ▀▀█  ██▀▀ ▄▄█  █▄▄ ▀▀██  █▀▀  ▄▄█
█████▄      ▄█████  █████▄      ▄█████
███▀▀  ▄  ▄▄ ▀▀███  ███▀▀ ▄▄  ▄  ▀▀███
▀  ▄▄███  ████▄▄ ▀  ▀ ▄▄████  ███▄▄  ▀
   ▀▀███  ████▀▀ ▄  ▄ ▀▀████  ███▀▀
       ▀  █▀ ▄▄███  ███▄▄ ▀█  ▀
            ▀█████  █████▀
               ▀▀█  █▀▀
█ █ █ █ █
█ █ ● █ █
● █ █ █ █
█ ● █ █ █
█ █ █ █ ●
█ █ █ █ █
█ ● █ █ █
● █ █ ● █
█ █ █ █ █
█ █ █ █ █
█ ● █ █ █
● █ █ █ ●
█ █ █ █ █
A Blog That Discusses About
Artificial Intelligence    The Future    Ethics on AI    and more
█ █ █ █ █
█ █ ● █ █
● █ █ █ █
█ ● █ █ █
█ █ █ █ ●
█ █ █ █ █
█ ● █ █ █
● █ █ ● █
█ █ █ █ █
█ █ █ █ █
█ ● █ █ █
● █ █ █ ●
█ █ █ █ █
Xenophoto
Hero Member
*****
Offline Offline

Activity: 714


Pundi X- Any store can buy, sell & accept Crypto!


View Profile
February 10, 2017, 04:34:34 PM
 #28

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Hell no. First and foremost, who are you? We don't know about you and we can't just hand out our money just because you're building a project.

How is your "bitcoin bank" any different than any other investment sites out there? Your plan doesn't have any difference than any other banks as well. We would rather invest in the banks if we want something like this.

I also doubt that the bank would be successful because of the "loan" feature. If you are operating in the bitcoin world, you should expect people all over the world. If someone got a loan from you and didn't pay, even if you have his identification and his whereabouts, are you going to do so much trouble for so little amount of money? Don't tell me that you're going to hire the cops abroad, go on court hearings, just because someone owes you a couple of dollars.

▄██████████████████████████████████████████████████████████████████▀███▀███▄
████████████████████████████████████████████████████████████████████▄▀▄█████
███████████████████████████████████████████████████████████████████▀▄█▄▀████

███▀▀▀▀▀▀▀▀██████▀▀▀████████▀▀▀██▀▀▀███████████▀▀▀██▀▀▀▀▀▀▀▀████████▀▀▀█████
███          ▀███   ████████   ██    ▀█████████   ██           ▀████   █████
███   █████▄   ██   ████████   ██      ▀███████   ██   ██████▄   ███   █████
███   ██████   ██   ████████   ██   █▄   ▀█████   ██   ████████   ██   █████
███   █████▀   ██   ████████   ██   ███▄   ▀███   ██   ████████   ██   █████
███          ▄███   ▀██████▀   ██   █████▄   ▀█   ██   ███████▀   ██   █████
███   ▄▄▄▄▄███████   ▀▀▀▀▀▀   ███   ███████▄      ██   ▀▀▀▀▀▀   ▄███   █████
███   █████████████▄        ▄████   █████████▄    ██        ▄▄▄█████   █████
████████████████████████████████████████████████████████████████████████████
▀██████████████████████████████████████████████████████████████████████████▀
  BUY
  SELL
ACCEPT
   ███████████████████████████
  .CRYPTOCURRENCY..
███████████████████████████
.
izanagi narukami
Legendary
*
Offline Offline

Activity: 1274


View Profile
February 10, 2017, 04:35:16 PM
 #29

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Bitcoin concept is decentralize means that no one able control your bitcoin except yourself.
If they made bitcoin bank , it will break decentralize concept , right ?

So I think it's difficult to make this come true especially when some country forbid bitcoin for their good

maku
Legendary
*
Offline Offline

Activity: 1190


Some big news for [vDice] coming soon


View Profile
February 10, 2017, 04:47:29 PM
 #30

I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.
Bitcoin was created to be alternative to banking system which is bloated with bureaucracy and may act like crisis generator.
We experienced that before in 2008, that is why Satoshi said we should have bitcoin, peerless and trustless way to send money.
But you are wrong, it would click, people would use bitcoin bank, especially when it would generate interests.
wxa7115
Hero Member
*****
Offline Offline

Activity: 588


https://gexcrypto.io


View Profile
February 10, 2017, 04:55:38 PM
 #31

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
No true believer in bitcoin will believe in any single bitcoin bank ever, there is no service you can offer as a bitcoin bank that is not readily available in bitcoin already or that we can get in some other way, also I will not trust anyone else with my coins.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
U2
Hero Member
*****
Offline Offline

Activity: 602


I used to be indecisive, but now I'm not sure...


View Profile
February 10, 2017, 05:02:19 PM
 #32

No I wouldn't trust you. How are you going to pay me 1% interest a year on my savings go account of bitcoins increase sevenfold? You would just go bankrupt then we're all fucked. Bitcoins are the antithesis of a bank so why bother mixing the two?

No one will ever take a bitcoin mortgage because I don't want to buy a $100,000 house and next year my mortgage will be $350,000. I'd just walk away like when the housing bubble popped in Texas.
justdimin
Hero Member
*****
Offline Offline

Activity: 686



View Profile
February 10, 2017, 07:05:08 PM
 #33

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
I trust my bank to save my fiats because it is regulated by my government. When a bank gets collapsed my government will take responsibility to restore my account along with my savings.

Now just tell me, what are the measurements you have taken to run a bank system similar to what I stated above for example. Never think, people will get greedy and will start saving with you when you offer some interest. Have seen many companies like you said.

||▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
[]|
mindrust
Hero Member
*****
Offline Offline

Activity: 882


Vegeta, What does the scouter say!?


View Profile
February 10, 2017, 07:14:38 PM
 #34

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Do you have the resources to track down the loaners? What if some of your customers run away with your money? You will need your own lawyers, investigators and etc.

People even defraud full blown government backed banks and run away overseas with their money...  You think you will be able handle all those by yourself? Good luck.

Btw, if you get conned don't ever ask help from the police. You'll get arrested.
sportis
Sr. Member
****
Offline Offline

Activity: 294


Veni, Vidi, Vici


View Profile
February 10, 2017, 08:09:43 PM
 #35

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Do you really believe something like that? Bitcoin and Bank has only one common. Both of them start with letter 'B'. But if you like the bank idea why not stick with fiat? If you like digital currency there is already a bank its name is LHV Pank which is the largest independent bank of Estonia. They did an experiment using cryptographically protected certificates valued 100,000 Euro using colored coins. They called this technology cuber. They also created a mobile SPV wallet. On the other side here is the satoshi's vision. If you read only the abstract do you find any similarity?
wxa7115
Hero Member
*****
Offline Offline

Activity: 588


https://gexcrypto.io


View Profile
February 11, 2017, 12:39:00 AM
 #36

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Nice idea , but think yourself why people will addict toward you bank money  of bitcoin and for what service you will give 2-3% profit per year .
Once Suppose you get success to start your bank of bitcoin and also suppose thousands of people invested in your bitcoin bank but what you will do if the people will ask for the profit of interest .
I mean you should have idea to increase the amount of the money that have made deposit by the people in your bank .
It is not much easy as you are thinking , It needs a very big thinking to develop with big amount of money to invest and big range of advertisment also .Which is not easy for a simple person .
Banks pay you interest for allowing them to use your money to loan your money to other people and then they create banking money and with it fractional reserve banking but that is not directly possible with bitcoin since they cannot print bitcoin at will, so they will probably need to create some bitcoin certificates to do that.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
LeGaulois
Hero Member
*****
Offline Offline

Activity: 518


View Profile
February 11, 2017, 01:17:15 AM
 #37

And if you give money to people for a loan, where the money will com from ? From the others customers. And if the others customers come to you to ask their BTC, what will you giVe them, since you used their funds for a loan? BTC from others users, and the circle continue with no end. For using this system no i won't trust. If people want to leave banks for bitcoin there is some reasons.

btcjoin14
Hero Member
*****
Offline Offline

Activity: 662


"Flixxo - Watch, Share, Earn!"


View Profile
February 11, 2017, 01:29:55 AM
 #38

I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.

funny thing is that while what you say is true, everyone is still using an exchange to trade(and hold their funds which is against what bitcoin is by your logic, because they are centralized

i think a bitcoin bank could help bitcoin adoption greatly for those that are newcomers to this world, in fact with the introduction of coinbase in the past, which is the best bitcoin bank you can get now, the adoption did increased

Now that I think about it Amph you're actually right lol. That's a very interesting concept.

Bitcoin is meant to be carried by an individual not a group of individuals. I mean an exchange that hold Bitcoin isn't really viewed as a bank because we know how exchanges usually end...they usually disappear like Cryptsy, Mintpal, MtGox, etc.

Now if a very large bank company like Bank of America integrates a sub-bank that focuses on bitcoin holding and interest then they might survive a bailout if there was a worse case scenario. Having a online market exchange would be a huge game-changer as well, then they could earn money on trading fee's along with the transaction fee.

Of course this is all speculation.

X       ▄▄█████████▄▄
    ▄██▀▀         ▀▀██▄
  ▄██▀              ▀██▄
 ▄██     ██▄▄          ██▄
▄██      █████▄▄        ██▄
██       ████████▄▄      ██
██       ███████████▄    ██
██       ██████████▀     ██
▀██      ███████▀       ██▀
 ▀██     ████▀         ██▀
  ▀██▄   █▀          ▄██▀
    ▀██▄▄         ▄▄██▀
       ▀▀█████████▀▀
.flixxo    X▄████████████████████▄
██████████████████████
██████████████████████
████████████▀▀███████
█████▀████░░░░░░▄████
█████░░░░▀░░░░░▄█████
█████▄░░░░░░░░░░██████
██████░░░░░░░░░███████
███████░░░░░░▄████████
████▄▄░░░░▄▄██████████

██████████████████████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████████▀█▀██████████
██████▀▀▀▀▀████████
██████▄▄░░▄▄▄░░███████
████████░░███░░███████
████████░░░░░░▀███████
████████░░███▄░░██████
██████▀▀░░▀▀▀░░░██████
██████▄▄▄▄▄▄███████
█████████▄█▄██████████

██████████████████████
▀████████████████████▀
X[[]]X
cotton ball
Sr. Member
****
Offline Offline

Activity: 350


JOLYY - The future of beauty!


View Profile
February 11, 2017, 01:34:03 AM
 #39

Blockchain able to make it happen. The trust of customers with accurate technology required to establish a physical bank, doesn't need to make a lot of units, it takes only 3-5 banks in each country that adopts Bitcoin.

Supposedly normal bank could inject bitcoin to be a part of digital currency (of course with government regulations and cooperation with blockchain), the most difficult task is to remove the anonymous user data. Transparency of customer data is needed to prevent all the problems that will arise.

Loans come from circulation flow of taxes, interest rates, and savings/deposit customers. If you are able to create a stable circulation, nothing is impossible.

            ███           ▄▄▄████████▄▄▄           ███       ▀███          ▀██▄ ▄██▀          ███▀
            ███         ▄████▀▀    ▀▀████▄         ███         ███          ▀█████           ███
            ███       ▄███▀            ▀███▄       ███          ▀██▄         ▄███▄         ▄██▀
            ███      ███▀                ▀███      ███            ███       ███▀███       ███
            ███     ███▀                  ▀███     ███             ▀██▄   ▄██▀   ▀██▄   ▄██▀
            ███     ███                    ███     ███               ███▄██▀       ▀██▄██▀
            ███     ███                    ███     ███                ▀███▀         ▀███▀
            ███     ███                    ███     ███                 ███           ███
            ███     ███▄                  ▄███     ███                 ███           ███
            ███      ███▄                ▄███      ███                 ███           ███
           ███▀       ▀███▄            ▄███▀       ▀███                ███           ███
██▄▄▄  ▄▄▄███▀          ▀████▄▄    ▄▄████▀          ▀███▄▄▄  ▄▄▄██     ███           ███
▀▀████████▀▀              ▀▀▀████████▀▀▀              ▀▀████████▀▀     ███           ███
           T H E   F U T U R E             
                       o f   B E A U T Y


 ▀█▄             ▄▄▄▄▄▄
   ▀█▄      ▄▄███▀▀▀▀
    ▄██     ▀▀▀     ▄▄▄▄
 ▄▄▄ ██         ▄     ▀▀██▄
▀█▀█▀█▀▄       █▄     ▄██▀
               ▀████████
               ▀ ▀ ▀ ▀ ▀


      ▄▄
     ▀█▀▀▀

    █▄
     ███████▀▀▀
    █▄
      ▀▀▀▀▀
hase0278
Hero Member
*****
Offline Offline

Activity: 560



View Profile
February 11, 2017, 06:52:54 AM
 #40

It was a nice idea OP that you will build a bank of bitcoin but I don't think that many users will use it since they store their bitcoin mainly on their wallets and exchanges and sell it when the price got high. It might be easier to profit on price movements for others than to invest it in bitcoin bank. IMO you should forget about the idea of building a bitcoin bank for now OP since there are only a few that will use it.

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
     ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
             │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
PhucS
Sr. Member
****
Offline Offline

Activity: 350


View Profile
February 11, 2017, 06:58:05 AM
 #41

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
You've got a good idea, it is very commendable but I think to build a bank of Bitcoin, I think it is quite difficult and must depend on many factors. First, you must ask for permission and consent of the State to you can do it. Second, the banks subject to the management of the State and the goverment, if you build Bitcoin bank then of course it will depend on the State. This is not true to the nature of Bitcoin, it is free and not subject to any management of the organization or individual. Users will have to pay taxes and many people certainly will not like this. Third, the current Bitcoin prices remain volatile, it is still fluctuating, paying interest to customers and manage is difficult.
Your idea is great, but I think you need to change it.

                 ▄██▄  ▄▄
                 ▀███▄ ▀█
                   ▀███▄
             ███  █▄ ███▄ ▄██
             ▀███▄ ▀  ███▄ ▀ ▄▄▄▄
               ▀███▄▄ ▄▀███▄ ▀███▄
            ▄██  ▀████▄▀ ▀███ ▀███▄
          ▄███▄▄█▄ ▀████▄█████ ██▀▀██▄
        ▄██████████  ▀██████▀▀█▀ ▄▄ ███▄
       ██████▀▀██████▄ ▀███▀▀▄ ▄███ ██ ██▄
     ▄██████▄▄████████▀  ▀██▄  ███▀ ██ ███▄
    ████████████████      ▀█▀ ███▀ ███ ████
  ▄████████████████        █ ███▀ █▄▄  ▄███
▄████████████████▀          ████▄█████ ███▀
████████████████▀            ▀▀█ ▀▀██████▀
██████████████▀             ▄█▄██ ▀█████▀
█████████▀▀▀                ██████▄▄▄███
▀████████                   ▀██████████▀
  ▀▀▀▀▀▀                      ▀███████▀


                     ▄          ▄███ ▄███                 ▄▄▄
  ▄▄▄              ▐██           ██▌  ██▌                ▀███▌
 ███▀              ▄██          ▐██▌ ▐██▌          ▄▄     ███
 ▄▄▄ ▄▄▄  ▄▄   ▄█████▌  ▄██▄██  ███  ███ ▄▄████▌  ███▄   ▐██▌▄██
▀██▌ ▀██████  ███▀███  ███████▐████████▌▐██████▌ ▐████▄  ███████
▐██▌ ▐██▀ ██ ███  ██▌ ███▀ ██▀ ▄██  ▐█▌▐██▀ ██▌  █▀ ███▄▐███▀██▌  ▄
███  ██▌ ██▌ ██▌ ▐██ ▐██▌ ▐██  ██▌  ██▌███  ██▌ ▄█ ▄ ███▐██ ▐██  ██
███▄███  ██▄▄██▄▄███▄███▄▄▄██▄███▌ ▐██▌▐██▄▄██▄██ █▄▄██▌██▌ ▐██▄██
 ▀█▀██▌  ▀███▀▀███▀██▀ ▀██▀▀▀████  ▐██  ▀███▀▀██  ▀███▀ ██   ▀██▀
█▀▀ ▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀ ▄▄█
295% GROWTH IN SALES
TOKENIZING INFLUENCERS GLOBALLY
|130 PEOPLE TEAM
70 MARKETS
300,000 INFLUENCERS
|█▀▀ ▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀ ▄▄█
ICO█▀▀ ▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀ ▄▄█
pinkflower
Sr. Member
****
Offline Offline

Activity: 392



View Profile
February 11, 2017, 07:19:58 AM
 #42

With the price fluctuations happening with bitcoin it is really a hard to function by paying interest to the users similar to the traditional banking. With banks a common interest is paid to the users but with bitcoin if interest is paid depending on the price of bitcoin people won't be benefitted much. This keeps them to follow traditional banking than the bitcoin banking system.

Yeah theres also that problem. If some bank is dealing only with Bitcoin now they would be having a board meeting right now discussing how fiat is a better currency for them to use. They will see their capitalization sink or go up by 20% on a weekly or monthly basis.

█████████████████████████████████████████████████████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▄▄▄███▄▄▄▄▄▄▄▄▄███▄▄▄▄▄▄▄▄▄▄███
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████▀███▀████████████████████████████████████
█████████████████████████████████████████████████████
████████████▄███▄████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
█████████████████████████████████████████████████████



██        ███         ███                         ███
███        ▀▀▀  ███    ███                         ▀▀▀
███████▄   ███  █████  ███     ▄█████▄   ▄█████▄   ███   ▄█████▄
██  ▀███  ███  ███▀▀  ███    ███▀ ▀███ ███▀ ▀███  ███  ███▀ ▀▀
██   ███  ███  ███    ███    ███   ███ ███   ███  ███  ███
███  ▄██▀  ███  ███    ███    ███▄ ▄███ ███▄ ▄███  ███  ███▄ ▄▄
███████▀   ███  ▀████  ▀████   ▀█████▀   ▀███████  ███   ▀█████▀
                                         ▄▄   ███
                                        ▀██████▀
||
b
COUPON CODE
[ OFIE-2AHG ]
for 100% First Deposit Bonus
|
IamNotAnonymous
Jr. Member
*
Offline Offline

Activity: 56


View Profile
February 11, 2017, 09:46:15 AM
 #43

With which back up gold reserves you planning to secure your funds? with what arm forces are you going to enforce the law upon any arising issues?
You think operating a bank is like copy pasting the source code and build a wallet and then create a sh*t coin?
Who are you guys and where you come from another planet?

There is a another way. GRB Trust of Satoshi Nakamoto will back up.
xSkylarx
Hero Member
*****
Offline Offline

Activity: 490


📌 peerguess.com 📌


View Profile
February 11, 2017, 06:08:09 PM
 #44

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Well of course at first people will surely doubt it,
And also building a bank with bitcoin I think it would be pretty much against bitcoin,
Because bitcoin was born for the anonymity of all of it's user so if you are going to build a bank so they would have to submit their true information.

................peerguess................ !! Exclusive ICO Benefits !!
..____________________________ANN Thread WhitepaperBountiesTwitterTelegram_________________________..
Mometaskers
Hero Member
*****
Offline Offline

Activity: 686



View Profile
February 11, 2017, 06:17:50 PM
 #45

If there's one thing that I would like in a bitcoin bank, then it would be the insurance. I only have a small amount of money, small enough to not warrant buying a hardware wallet (I use online, not familiar with the software wallets). What if somehow the exchange got hacked, how will I get my bitcoin back? With a bank at least, I would get an insurance, provided the bitcoin bank operates pretty much the same as traditional bank.

I suppose it would be just like the bank I use except that instead of fiat it operates mostly on bitcoin, with fiat being sold or bought like how banks handle foreign currency. That being said building a bank is no easy task and I don't believe anyone can single-handedly build one without at least founding a company first. And there would be all the government regulations as well as a large start-up capital to get everything of the ground.
Aamir1
Hero Member
*****
Offline Offline

Activity: 532



View Profile
February 11, 2017, 06:32:12 PM
 #46

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

If you ask me, i would probably not give away my bitcoins to any third party for keeping them for just getting a really small amount of money as interest every year. I don't need to do that at all. I have my money safe and i don't need anything extra out of it. It is already growing and i can have some investments if i want my bitcoins to grow. So i feel, it wont work out in my opinion.



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
....ANGEL TOKEN....


                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀ 
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀ 
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀   
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█     
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █     
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█     
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌     
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌     
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌     
         █        ▀  █▓█▀▀█         █     
         ▐█          ▐▄▓░ █▄       █▌     
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀       
            ▀█▄         ▀█▄▄▄█▌▄█▀         
              ▀██▄▄       ▀▄▄██▀           
                 ▀▀████████▀▀             

Theb
Sr. Member
****
Online Online

Activity: 378


VIABET.IO PRE-ICO | NOV 14


View Profile
February 11, 2017, 07:02:35 PM
 #47

That is not the real question. The real question is will you earn from your bank and still function as a bank that gives interest to your customers? Of course the answer will be a Big NO, because the #1 reason is that Bitcoin is volatile and a currency that is Volatile won't be attractive to people who are asking out loans from your bank. In return you won't earn anything from it.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
WORLD’S FIRST CLOUD BETTING PLATFORM
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
thunderbitz2717
Full Member
***
Offline Offline

Activity: 219


IDEX - LIVE Real-time DEX


View Profile
February 11, 2017, 07:39:12 PM
 #48

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

I am not in favor about in bitcoin bank, why? it can be a tools by the government to enter in bitcoin world to control it. as we all know that all banks in the whole world was controlled by the government of each country, That's why bitcoin was anonymous and decentralized so that not anyone can control bitcoin even it is the most powerful or strong influence in the whole world still bitcoin cannot be control.

wxa7115
Hero Member
*****
Offline Offline

Activity: 588


https://gexcrypto.io


View Profile
February 12, 2017, 04:15:00 AM
 #49

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

If you ask me, i would probably not give away my bitcoins to any third party for keeping them for just getting a really small amount of money as interest every year. I don't need to do that at all. I have my money safe and i don't need anything extra out of it. It is already growing and i can have some investments if i want my bitcoins to grow. So i feel, it wont work out in my opinion.
Don’t underestimate greed in people, if they hear even something as small as 2 or 3% by year you can be sure there is going to be enough gullible people sending their money to whatever investment product they are investing, but the problem is if the bank becomes a scam, something very likely, then you are never going to see your bitcoins again.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
emezh10
Sr. Member
****
Offline Offline

Activity: 476


**Successfully joined DITCOIN Signature Campaign**


View Profile
February 12, 2017, 04:25:48 AM
 #50

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Agree I am not in favor too. because you can hold your bitcoin in your own so building a bank is not a good way to have an income. what if the price will drop and someone wants to withdrew their money you will loss. Bitcoin itself is a bank so no need to build an bitcoin bank because you will loss after all. Why you need to create a bitcoin bank when bitcoin itself is a big bank.


I am not in favor about in bitcoin bank, why? it can be a tools by the government to enter in bitcoin world to control it. as we all know that all banks in the whole world was controlled by the government of each country, That's why bitcoin was anonymous and decentralized so that not anyone can control bitcoin even it is the most powerful or strong influence in the whole world still bitcoin cannot be control.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
densuj
Hero Member
*****
Offline Offline

Activity: 826



View Profile
February 12, 2017, 06:24:22 AM
 #51

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Actually build a bank of bitcoin is good ideas like your explaining about it,
the problem if you are really want build bank of bitcoin will needs good reputation,
unfortunately your are newbie and don't have reputation on here.
The people will not trusted in you with put their bitcoin on your service,
please don't offense it is the fact must be known.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
.WORLD’S FIRST CLOUD BETTING PLATFORM.
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
geopolisch
Hero Member
*****
Offline Offline

Activity: 672


View Profile
February 12, 2017, 06:34:32 AM
 #52

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Actually build a bank of bitcoin is good ideas like your explaining about it,
the problem if you are really want build bank of bitcoin will needs good reputation,
unfortunately your are newbie and don't have reputation on here.
The people will not trusted in you with put their bitcoin on your service,
please don't offense it is the fact must be known.
Only the befits will prove whether the idea of bitcoin bank is good or not. Because I do find any extra benefits by having a bitcoin banks. We are already getting all the benefits (what a bank could offer) from bitcoin wallet itself or some third party specialized services.

There are lot of practical of complications on building a bitcoin bank and its reputation hence sticking with current system would be more convenient for many bitcoiners imho.
Xester
Hero Member
*****
Offline Offline

Activity: 644


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
February 12, 2017, 06:37:19 AM
 #53

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

As long as our bitcoin is secured and we will be earning some profits then I will be glad to join. But in order for me to join you must have several branches all over the world otherwise it will be useless placing our bitcoins n your bank if we cannot access it on the other parts of the globe. For me its a great idea, this is the kind of bank people are dreaming of.

mace15
Sr. Member
****
Online Online

Activity: 476



View Profile
February 12, 2017, 09:43:45 AM
 #54

I dont think this would happen to have a bitcoin bank. And, government will approve this kind of services. As before will approve this kind of services offers, there's a need of processes and regulations. So, its not easy to build bitcoin bank and not easy to trust this kind of service, since bitcoin may save online.

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬ Download WHITEPAPER ▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
Vaccinus
Sr. Member
****
Offline Offline

Activity: 406



View Profile
February 12, 2017, 12:28:01 PM
 #55

That is not the real question. The real question is will you earn from your bank and still function as a bank that gives interest to your customers? Of course the answer will be a Big NO, because the #1 reason is that Bitcoin is volatile and a currency that is Volatile won't be attractive to people who are asking out loans from your bank. In return you won't earn anything from it.

not entirely true, it might works for short term interest, and to compensate you can increase the interest to higher level than bank, because bitcoin si more unstable as you said

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

As long as our bitcoin is secured and we will be earning some profits then I will be glad to join. But in order for me to join you must have several branches all over the world otherwise it will be useless placing our bitcoins n your bank if we cannot access it on the other parts of the globe. For me its a great idea, this is the kind of bank people are dreaming of.

lol dude bitcoin travel on internet you can access from where you want this is not a problem, look at chinese they can use bitcoin despite their big restriction to the majority of website outside of their country

webtricks
Sr. Member
****
Offline Offline

Activity: 364


Dil se, Batue se, done se ameer hain!! <3


View Profile WWW
February 12, 2017, 01:46:10 PM
 #56

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

The chief revenue source for Bank is difference between interest rates of deposits and lendings. But as a Bitcoin Bank, giving unsecured loans in Bitcoin is impossible due to anonymity of Bitcoin. While very difficult to give secured loans due to volatility of Bitcoin. It is very difficult to ascertain value of collateral. Giving long-term loans will almost impossible. Suppose Bank gave loan on 12th Feb 2016 and what about Bitcoin after one year? $600+ in bitcoin value.
Re-think!

||▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
[]|
pinkflower
Sr. Member
****
Offline Offline

Activity: 392



View Profile
February 12, 2017, 01:51:09 PM
 #57

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

The chief revenue source for Bank is difference between interest rates of deposits and lendings. But as a Bitcoin Bank, giving unsecured loans in Bitcoin is impossible due to anonymity of Bitcoin. While very difficult to give secured loans due to volatility of Bitcoin. It is very difficult to ascertain value of collateral. Giving long-term loans will almost impossible. Suppose Bank gave loan on 12th Feb 2016 and what about Bitcoin after one year? $600+ in bitcoin value.
Re-think!

It will also be open to a lot of fraudulent activities by the BTC banks. If they have a slight majority of their BTC on loan to their clients they can manipulate the market by dumping and make the price lower. This will make the borrowers have smaller purchasing power with their borrowed BTC. The banks then can use fiat to scoop them back at a cheaper price.

█████████████████████████████████████████████████████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▄▄▄███▄▄▄▄▄▄▄▄▄███▄▄▄▄▄▄▄▄▄▄███
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████▀███▀████████████████████████████████████
█████████████████████████████████████████████████████
████████████▄███▄████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
█████████████████████████████████████████████████████



██        ███         ███                         ███
███        ▀▀▀  ███    ███                         ▀▀▀
███████▄   ███  █████  ███     ▄█████▄   ▄█████▄   ███   ▄█████▄
██  ▀███  ███  ███▀▀  ███    ███▀ ▀███ ███▀ ▀███  ███  ███▀ ▀▀
██   ███  ███  ███    ███    ███   ███ ███   ███  ███  ███
███  ▄██▀  ███  ███    ███    ███▄ ▄███ ███▄ ▄███  ███  ███▄ ▄▄
███████▀   ███  ▀████  ▀████   ▀█████▀   ▀███████  ███   ▀█████▀
                                         ▄▄   ███
                                        ▀██████▀
||
b
COUPON CODE
[ OFIE-2AHG ]
for 100% First Deposit Bonus
|
PokerFace3
Hero Member
*****
Offline Offline

Activity: 700



View Profile
February 12, 2017, 02:01:07 PM
 #58

It will also be open to a lot of fraudulent activities by the BTC banks. If they have a slight majority of their BTC on loan to their clients they can manipulate the market by dumping and make the price lower. This will make the borrowers have smaller purchasing power with their borrowed BTC. The banks then can use fiat to scoop them back at a cheaper price.
Yes, bitcoin bank idea may kill the bitcoin's most exciting feature of decentralization. Why we need to lose that most important benefits for the sake of gaining some interests whereas we are already gaining significantly through bitcoin's value appreciations. Moreover there are many services which are getting us benefits similar to what a bank will do.
KennyR
Hero Member
*****
Offline Offline

Activity: 686


ZINGER - A Decentralized Crypto Marketplace


View Profile
February 12, 2017, 02:02:33 PM
 #59

I dont think this would happen to have a bitcoin bank. And, government will approve this kind of services. As before will approve this kind of services offers, there's a need of processes and regulations. So, its not easy to build bitcoin bank and not easy to trust this kind of service, since bitcoin may save online.
Its hard to build a bitcoin bank with regulations similar to traditional banks. Traditional banking processes were the universally accepted service. On regulating bitcoin some of the unique features such as the revealing of identity gets affected.

.ZIGGER.      ███
  ███ ███
█ ███ ███
█ ███ ███
     ███
███ ███
███ ███
  ███ ███
███ ███
███ ███
███     █
███ ███
███
A Decentralized Crypto Marketplace
____ for Localized Shopping ____
[|FACEBOOK
TWITTER
SLACK
|.
ICO  ▶  13th November 2017
GET YOUR 40% BONUS
IN FIRST 24 HOURS!
]      ███
  ███ ███
█ ███ ███
█ ███ ███
     ███
███ ███
███ ███
  ███ ███
███ ███
███ ███
███     █
███ ███
███
bestluck
Hero Member
*****
Offline Offline

Activity: 560



View Profile
February 12, 2017, 03:28:34 PM
 #60

I think the online wallets work the same as are done by the banks like they secure the bitcoins of we people but the only difference is that they do not give any interest on saving people bitcoin. Maybe in te future any of online wallet come with that feature to give interest on it but it will be hard for them to make the profit if they will not give loans too to others.


         ▄▄███▄▄
     ▄▄███████████▄▄
 ▄▄███████████████████▄▄
██████████████████████████
  ▀▀██████████████████▀▀ ▄▄
      ▀▀██████████▀▀ ▄▄████
          ▀▀█▀▀ ▄▄█████████
             ▄█████████████
             ██████████████
             ██████████████
             ██████████████
             ██████████████
             █████████████▀
             █████████▀▀
             █████▀▀
             ▀▀▀
.
Brickblock.io
║║
║║
║║
║║
║║
.
║║
║║
║║
║║
║║





                  ▄▄██▄
              ▄▄█▀▀  ██
          ▄▄█▀▀      █▌
      ▄▄█▀▀   ▄▀    ██
 ▄▄▄█▀▀    ▄█▀     ▐█
██      ▄██▀       █▌
 ▀▀██▄███▀        ██
     ██▀▀█▄▄▄     █▌
      █▄  ██▀▀▀█▄██
       █▄█▀




       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████




                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



▄▄▄                  ▄▄▄
█████▄             ▄██████▄
█████████▄        ████████████▄
██████████▌▄     ██████████████
██████████▌▐█  ▄█████████████▀▄█
██████████▌▐██▄▀████████████ ███
██████████▌▐████▀██████████ ████
██████████▌▐█████ ███████▀▄█████
██████████▌ ▀█████▄▀████ ███████
██████████▌   ▀▀████ ██▄████████
▀█████████▌      ▀▀▀▀ ▄█████████
   ▀▀█████▌             ▀▀██████
        ▀█▌                  ▀▀█
║║
║║
║║
║║
║║
.
avikz
Hero Member
*****
Offline Offline

Activity: 714



View Profile
February 12, 2017, 03:38:09 PM
 #61

Building a bitcoin bank is a stupid idea. I understand that you don't know how a bank works, I can make it out from your proposal. Bank gives loan to creditworthy people and earn interest income from them. Then they distribute a percentage of that interest income to their depositors. There is no safe way to give loan to any bitcoin user.

There are so many p2p lending website in the market like btcjam. just invest in few loans there and you will understand that people are not paying them back. I used to invest a lot there, but when I started getting lots of scammers who ran away with the money, I stopped. If a bitcoin bank starts giving loan to the users, same thing will happen. So keep bitcoin in your wallet and trust me, that is  the only safe way to earn from bitcoin.

    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   
   ████████████████████████████████   
     ▀██████████████████████████▀     
        ▀████████████████████▀       
          ████████████████▀         
            █████████████           
            ▀████████████▀           
             ▀██████████▀             
              ██████████             
               ████████               
               ▀██████▀               
                ██████               
                  ▀                   
.
.trade.io.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Join the Trading Revolution.
bitgoldpanther1978
Full Member
***
Offline Offline

Activity: 138



View Profile
February 12, 2017, 07:51:21 PM
 #62

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

For you to do that you must have a big capital, even you have big capital it wouldn't be sure if you will succeed on your plan in cryptocurrency. Because of the of the community don't like to have a bitcoin bank, they will only ignore your bank, even no matter how good you had in your program to your bitcoin bank. Still refusing you will being apply.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ●    UTRUST // The FUTURE of Online Payments    ●  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬        whitepaper     facebook     twitter     slack         ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PRE-ICO | 28th August 2017
SvenBomvolen
Hero Member
*****
Offline Offline

Activity: 588


View Profile
February 12, 2017, 08:56:43 PM
 #63

This idea would be popular among bitcoin believers and only in the case of big price. If bitcoin would start to fall down many users would hurry up to take their coins back to cash it out while the price is not so low. And that would ruine your bank.
dothebeats
Legendary
*
Offline Offline

Activity: 1274


Hire me as your Morty!


View Profile WWW
February 12, 2017, 09:16:11 PM
 #64

Defeats the main purpose of bitcoin (decentralization) and "be your own bank." What's the purpose of this bitcoin bank anyways? Even if you let them store your money, they would take a it of your profit and give you miniscule results. It's better if you just keep your own money/bitcoin and start from there. It reduces the risks of hacking and also gives you full control in your money and your profit.

Raimonn
Legendary
*
Offline Offline

Activity: 980


View Profile
February 12, 2017, 09:49:47 PM
 #65

I don't like the idea of a Bank of Bitcoins, in my opinion bitcoin is our freedom from the old bank economical system. If we give the control of our bitcoins (the private key) to a bank, we haven't the real control of them.
Also i think its very difficult that someone trust you keep their bitcoins.
Yakamoto
Legendary
*
Offline Offline

Activity: 938


View Profile
February 12, 2017, 09:57:38 PM
 #66

Defeats the main purpose of bitcoin (decentralization) and "be your own bank." What's the purpose of this bitcoin bank anyways? Even if you let them store your money, they would take a it of your profit and give you miniscule results. It's better if you just keep your own money/bitcoin and start from there. It reduces the risks of hacking and also gives you full control in your money and your profit.
Bitcoin banks also end up breaking the 21m cap, since a large majority of banks end up performing fractional reserve lending in order to make a profit off of the money they end up getting deposited within their accounts. That's how they can provide interest to depositors.

However, if Bitcoin became large enough, banks would be a better way to protect against hacking due to more robust security systems.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
wxa7115
Hero Member
*****
Offline Offline

Activity: 588


https://gexcrypto.io


View Profile
February 13, 2017, 04:45:10 AM
 #67

That is not the real question. The real question is will you earn from your bank and still function as a bank that gives interest to your customers? Of course the answer will be a Big NO, because the #1 reason is that Bitcoin is volatile and a currency that is Volatile won't be attractive to people who are asking out loans from your bank. In return you won't earn anything from it.
The biggest problem from an economical point of view is how are you going to pay interest to the account owners, when traditional banks do so by loaning that money but we know loaning in bitcoin is very risky, just look at the lending section in the forum.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
Fatanut
Hero Member
*****
Offline Offline

Activity: 728



View Profile
February 13, 2017, 06:57:38 AM
 #68

That is not the real question. The real question is will you earn from your bank and still function as a bank that gives interest to your customers? Of course the answer will be a Big NO, because the #1 reason is that Bitcoin is volatile and a currency that is Volatile won't be attractive to people who are asking out loans from your bank. In return you won't earn anything from it.
The biggest problem from an economical point of view is how are you going to pay interest to the account owners, when traditional banks do so by loaning that money but we know loaning in bitcoin is very risky, just look at the lending section in the forum.

Banks don't only depend on their lending system. They also invest your money somewhere. They invest usually in big companies that have really promising strategy and goals for their business. You know that they are not going to get scammed by that company because they have legal agreements to each other.

I agree with you that if they start loaning random people on the Internet, their company will be doomed. That's why it's most likely that they're not going to do that. There are website like BTC Jam that loans people on the Internet and to be honest I don't know why is their website still on. People would just be running away from them even when they got that certain individual's identity.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
ivanst776
Legendary
*
Offline Offline

Activity: 1134


MatrixCoin - Creating Bright Future Together


View Profile
February 13, 2017, 07:28:54 AM
 #69

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

But why? People who use bitcoin often don't like the word "bank", I don't think that people would trust you to give our money.

Because with out money you are going to invest somewhere else and since it is only online/digitally then it is very easy.

The same happens with the local banks, you give them cash, they store in digits, they lend in digits and so on.


██████████              █████           
████████████          ███████         
███        █████          ███████         
███        █████          ███████         
████        ██████      █████████       
██████            ██████████      █████████       
█████            ██████            ████        ██      █████████       
█████            ██████            ████        ███  ███████████     
█████            ██████            ████        ███  ███████████     
███                                      █████████████████  ███████████     
███    ███    █████              ██████████  ████████████  █████████   
███    █████              ██████████  ████████████  █████████   
█████              ██████████  ████████████  █████████   
██████            ███      ███████████      ██████████ 
██████            ███      ███████████      ██████████ 
██████            ███      ███████████      ██████████ 
██████            ██          █████████          ██████████
██████████          █████████          ██████████
██████████          █████████          ██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
MoneyIsDebt
Hero Member
*****
Offline Offline

Activity: 654



View Profile
February 13, 2017, 10:25:16 AM
 #70

This idea would be popular among  believers and only in the case of big price. If  would start to fall down many users would hurry up to take their coins back to cash it out while the price is not so low. And that would ruine your bank.
i think it don't need any bank....... it is already serving as a bank...... we can have access to our own wallet.... we can see our deposit or withdraw....... what else you want?Huh?


██████████              █████           
████████████          ███████         
███        █████          ███████         
███        █████          ███████         
████        ██████      █████████       
██████            ██████████      █████████       
█████            ██████            ████        ██      █████████       
█████            ██████            ████        ███  ███████████     
█████            ██████            ████        ███  ███████████     
███                                      █████████████████  ███████████     
███    ███    █████              ██████████  ████████████  █████████   
███    █████              ██████████  ████████████  █████████   
█████              ██████████  ████████████  █████████   
██████            ███      ███████████      ██████████ 
██████            ███      ███████████      ██████████ 
██████            ███      ███████████      ██████████ 
██████            ██          █████████          ██████████
██████████          █████████          ██████████
██████████          █████████          ██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
Vaccinus
Sr. Member
****
Offline Offline

Activity: 406



View Profile
February 13, 2017, 11:11:26 AM
 #71

This idea would be popular among  believers and only in the case of big price. If  would start to fall down many users would hurry up to take their coins back to cash it out while the price is not so low. And that would ruine your bank.
i think it don't need any bank....... it is already serving as a bank...... we can have access to our own wallet.... we can see our deposit or withdraw....... what else you want?Huh?

bank can be good because they offers interest, my wallet don't offer interest just sit there doing nothing until bitcoin go to 100k isn't very wise imho, also a bank would attract more newbies investors that don't see bitcoin well, and more people make bitcoin stronger and more valuable, how can not you consider this a positive thing?

machinek20
Hero Member
*****
Offline Offline

Activity: 686



View Profile
February 13, 2017, 01:17:10 PM
 #72

I think bitcoin and bank not a good match, it is really hard to implemented bitcoin system to the bank, and nobody is interested in bitcoin bank, so i think your plan to build bitcoin bank will failed, and i dont see why someone want to keep their bitcoin in bank when you treat bitcoin like a fiat

Idrisu
Sr. Member
****
Offline Offline

Activity: 378



View Profile
February 13, 2017, 01:22:24 PM
 #73

bitcoin bank should build in large numbers means there are branches in several major cities in the country, provide services, as well as a good management system competitive interest then surely people will believe

I buy into your ideas " build Bank for bitcoin is a good idea" For now I will advice bitcoin and blockchains owners to first of all resolved the issue of delay in transfer confirmation because it will encourage business owners to buy into the ideas of a system that has low fee, decentralization and transparency. We would look up to a day were we have bitcoin or cryptocurrencies banks.

Seansky
Hero Member
*****
Offline Offline

Activity: 560


View Profile
February 13, 2017, 01:44:07 PM
 #74

What is even the point of using bitcoin if it even had a bank at all? It offers anonymity yet having a bitcoin bank will deprive it's users anonymity and it will be like same old fiat so having a bitcoin bank is not a good idea since it is against bitcoin's main things why it is used as of now by many people around the globe and also it is against maybe to satoshi's real goal for creating bitcoin.
densuj
Hero Member
*****
Offline Offline

Activity: 826



View Profile
February 13, 2017, 02:51:32 PM
 #75

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Actually build a bank of bitcoin is good ideas like your explaining about it,
the problem if you are really want build bank of bitcoin will needs good reputation,
unfortunately your are newbie and don't have reputation on here.
The people will not trusted in you with put their bitcoin on your service,
please don't offense it is the fact must be known.
Only the befits will prove whether the idea of bitcoin bank is good or not. Because I do find any extra benefits by having a bitcoin banks. We are already getting all the benefits (what a bank could offer) from bitcoin wallet itself or some third party specialized services.

There are lot of practical of complications on building a bitcoin bank and its reputation hence sticking with current system would be more convenient for many bitcoiners imho.
Yes I agree with you, with bitcoin we have own bank but the problem is
we still can not make loans if we are just put our money in bitcoin,
It is weakness if there are not bank of bitcoin although there is service like btcjam for making loans.
That is still not enough because of we must wait until there are people who gives the loans.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
.WORLD’S FIRST CLOUD BETTING PLATFORM.
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
valta4065
Hero Member
*****
Offline Offline

Activity: 644



View Profile
February 13, 2017, 02:59:40 PM
 #76

I don't even see the point.
Only 3 uses to a bank:
-keeping your property safe -> useless if you have your own wallet
-keeping up with inflation through the 2% you'l earn a year -> ridiculous compared to BTC inflation
-having your money accessible at all time through credit card -> digital currency hello?

                            ▄▄▄▄████
                        ███████████
                         ▀████████
         ▄██▄            ▄███████
       ▄██████▄        ▄██████▄
     ▄████▀▀████▄    ▄████▀▀████▄
   ▄████▀    ▀████▄▄████▀    ▀████▄
 ▄████▀        ▀██████▀        ▀████▄
▄████          ▄██████▄          ████▄
█████        ▄████▀▀████▄        █████
 █████▄    ▄████▀    ▀████▄    ▄█████
  ▀███████████▀        ▀███████████▀
    ██████▀▀            ▀▀██████▀
.PROPTHEREUM.
carlisle1
Hero Member
*****
Offline Offline

Activity: 588


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
February 13, 2017, 03:26:17 PM
 #77

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

you should encourage us first and tell us what will be the advantage and good benefits that we will get from using your bitcoin bank aside from getting an interest and loans and how can we be sure that our funds will be much secured . so far, I don't know if it's already necessary to have a bank for bitcoin when we can have our own bank by having a good and secured wallet .

Bitcotalk
Hero Member
*****
Offline Offline

Activity: 532



View Profile
February 13, 2017, 03:55:40 PM
 #78

if you like a bank which are available for fiat nowadays like running under the rule of government then it is impossible to get the same banks for the use of bitcoin because for that it will first require the governments to legalize bitcoin and then we will be able to get a bank like that which will be the same like our current banks.

||▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
[]|
shield132
Hero Member
*****
Offline Offline

Activity: 560


Watch Agents Of Shield On ABC


View Profile
February 13, 2017, 03:56:11 PM
 #79

This isn't good idea and there are many reasons for that.
1. Goverment doesn't support bitcoin and in reality they don't like it
2. Bitcoin loans will be very bad for banks especially online loans because it's against bitcoin rules (anonymity)
3. It will be economically bad for any bank because of it's very changeable price.
4. If it is be good idea, it would be already done but we see that bitcoin bank doesn't excist.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Ewinsane
Hero Member
*****
Offline Offline

Activity: 588


View Profile
February 13, 2017, 04:00:24 PM
 #80

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
i think we do not need to save our bitcoin with any bank because we can save our bitcoin easily in our wallet and it more safe and better to save my bitcoin in my wallet and bitcoin system is very much stable so do not need bitcoin bank.

                        ▄▄▄ ▄▄▄
   ▄████▄             ▄█████████▄
 ▄████████▄         ▄███████████▀
███████████       ▄██████████████
▀██████████▄  ▄▄▄ ▀█████████████▀
  ▀███████████████▄ ▀█████████▀
       ▀████████████▄ ▀█████▀
        ▄█████████████▄ ▀▀▀
       █████████████████
        ▀██████████████▌
    ▄████▄▀██████████████▄
  ▄████████▄▀█████████████▌
 ████████████ ▀▀▀  ▀█████▀▄███▄
 ▄██████████▀        ▀▀▀▄███████▄
  ▀███████▀             █████████
    ▀▀ ▀▀                ▀█████▀
                           ▀▀▀
.
XENIO









......BLOCKCHAIN FOR GAMERS......
▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬
TWITTER   REDDIT   FACEBOOK   SLACK


















bajing
Legendary
*
Offline Offline

Activity: 1176


The most Professional Cryptocurrency Casino


View Profile
February 13, 2017, 04:00:47 PM
 #81

Bitcoin created to counter the traditional banks because many are disappointed with the way the bank works according to the most people is not profitable to save money in the bank, I dont think your idea will work if you want try to build this business.

FORTUNEJACK.COM[
                            
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
stevano
Sr. Member
****
Offline Offline

Activity: 252



View Profile
February 13, 2017, 04:31:15 PM
 #82

of course I would believe that if your bank already has a legal basis to create a new bank, but it feels a bit difficult at the beginning, but rest assured the future will inevitably bring changes .On where you set up the bank

Babayega31
Hero Member
*****
Offline Offline

Activity: 602



View Profile
February 13, 2017, 09:19:03 PM
 #83

Building a bank of bitcoin is really an awesome idea to have because most of bitcoin earners stored their btc using online wallet which I think unsafe for storing bitcoin due to vulnerable of hacking. If we have a bank of bitcoin I think that all hacking issues will be miimized and you now keeping safe what you have earned for future investments.


                ▄▄▄▄▄▄▄
             ▄███████████▄
           ▄███████████████▄
         ▄███████████████████▄
       ▄███████████████████████▄          ▄▄            ▄▄      ▄▄                                           ▄▄
     ▄███████████████████████████▄        ██          █ ██      ██                                           ██
   ▄█████████▀███████████▀█████████▄      ██            ██      ██                                           ██
 ▄█████████▀  ▐█████████▌  ▀█████████▄    ██ ▐██████▄ █████████ ██  ███████ ▄██████████████████▄  ████████████████▌
█████████▀     █████████     ▀█████████   ██    ▄████ █▌██      ██    ▄████▌██       ▐█        █▌▐█▄▄▄▄▄▄▄▄▄ ██
 ▀█████▀       ▐███████▌       ▀█████▀    ██  ▄█▀  ██ █▌██      ██  ▄█▀  ▐█▌██       ▐█        █▌ ▀▀▀▀▀▀▀▀▐█▌██
   ▀█▀          ███████          ▀█▀      ██       ██ █▌██      ██       ▐█▌██       ▐█▌      ▐█▌         ▐█▌██
                ▐█████▌                   █████████▀▀ █▌██      ██████████▀  ▀█████████████████▀ ▀█████████▀ ██
                 █████
                 ▐███▌
                  ███
                   ▀
║█
║█
║█
█║
█║
█║

 
 
       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████

 
 
                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀

 
 
 
 
 ▄████████████████████▄
████████████████████████
██████████ ▀████████████
██████████    ▀█████████
██████████    ▄█████████
██████████ ▄████████████
████████████████████████
 ▀████████████████████▀

 
 
             ▄██▄
     ▄      ▐████   ▄▄
   █████     ██████████
    █████████████████▀
 ▄████████████▀████▌
██████████     ▀████   
 ▀▀   █████     ██████████
      ▀████▌▄████████████▀
    ▄▄▄███████████████▌
   ██████████▀    ▐████
    ▀▀▀  ████▌     ▀▀▀
         ▀███▀
Finestream
Hero Member
*****
Offline Offline

Activity: 686


BITSLER.COM! The best Gambling site NOW*


View Profile
February 14, 2017, 06:14:52 AM
 #84

I guess you have to study the government regulation first, you cannot just build a bank as it is not easy to get a permit if you are not qualified to do so. Bank is regulated by the government and they set guidelines to be followed by those who applied for it, bitcoin is a different think as they do not consider it as a currency but just only a payment system.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Dudeperfect
Hero Member
*****
Offline Offline

Activity: 672

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
February 14, 2017, 07:07:01 AM
 #85

I guess you have to study the government regulation first, you cannot just build a bank as it is not easy to get a permit if you are not qualified to do so. Bank is regulated by the government and they set guidelines to be followed by those who applied for it, bitcoin is a different think as they do not consider it as a currency but just only a payment system.

Exactly, one must consider the regulations of the central bank of that country before starting any such bank. In other words, a government must approve bitcoin as a currency to allow their citizens to deal with bitcoin. Not only bank but if I am not wrong, even stating bitcoin ATM service, one is supposed to take the prior approval from the concerned authorities and since bitcoin is not yet recognised by the government yet, the process is complicated at this moment.

zokora
Sr. Member
****
Offline Offline

Activity: 308


View Profile
February 14, 2017, 11:54:44 AM
 #86

no i dont trust you. this is totaly out of why I invest in bitcoin. if I want to invest a bank, I dont buy btc.
ImHash
Hero Member
*****
Offline Offline

Activity: 546


MatrixCoin - Creating Bright Future Together


View Profile
February 14, 2017, 01:03:19 PM
 #87

Can you prove that you have gold reserve in a secure place to back up any probable loss? could you open a shared bank account in Cayman island and then provide the bitcoin investors with a private page and a private key so that they could have access to their money which is the equivalent worth of the bitcoins at the time of depositing?
If yes then I'm in, where do I sign up?


██████████.......█████......
████████████.....███████.....
███....█████.....███████.....
███....█████.....███████.....
████....██████...█████████....
██████......██████████...█████████....
█████......██████......████....██...█████████....
█████......██████......████....███.███████████...
█████......██████......████....███.███████████...
███...................█████████████████.███████████...
███..███..█████.......██████████.████████████.█████████..
███..█████.......██████████.████████████.█████████..
█████.......██████████.████████████.█████████..
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......██.....█████████.....██████████
██████████.....█████████.....██████████
██████████.....█████████.....██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
deisik
Legendary
*
Offline Offline

Activity: 1386



View Profile
February 14, 2017, 01:29:20 PM
 #88

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build?

I have already explained why lending bitcoins is not a very good idea overall, but you seem to have missed that post. Basically, if someone takes a loan from you and provides a collateral, they may willingly and wittingly default on their loan if Bitcoin price surges a few times (and you will suffer heavy losses). On the other hand, I don't think that many folks would want to give you their property as a guarantee if it is worth a few times more than the bitcoins they might borrow from you. Really, if this property is actually worth so much, they could just take a regular loan in a regular bank and buy bitcoins with it

So, do you still think that we should trust you with our bitcoins?

densuj
Hero Member
*****
Offline Offline

Activity: 826



View Profile
February 14, 2017, 03:27:40 PM
 #89

of course I would believe that if your bank already has a legal basis to create a new bank, but it feels a bit difficult at the beginning, but rest assured the future will inevitably bring changes .On where you set up the bank
Exacly, must there are valid legality from the government,
because must there are control the bank of bitcoin,
about data of costumers capital for runing the business.
Everything must has valid rules from the government,
will make the people believe on new bank of bitcoin.