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Author Topic: Build a Bank Of Bitcoin  (Read 12610 times)
ecnalubma
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May 28, 2017, 03:00:34 PM
 #301

We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.

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White Christmas
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May 28, 2017, 03:15:27 PM
 #302

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.
Yes we dont need that bank to keep our bitcoins. there many wallet and exchanger that you can use as your bank. And building bank of bitcoin is not easy, it will take a long time before it build because there are many things that you need to do if you want to build a bank for bitcoins. lets be contented on wallet because it can hold our bitcoin even you are the richest people who have lot of bitcoin.

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May 28, 2017, 04:42:55 PM
 #303

We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.

I agree, we do not need a bank to store bitcoins. This system is ideal for using without intermediaries. Banks have remained outside of this network and I am very happy about it. I do not want to overpay for transactions

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May 28, 2017, 06:01:20 PM
 #304

We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.

I agree, we do not need a bank to store bitcoins. This system is ideal for using without intermediaries. Banks have remained outside of this network and I am very happy about it. I do not want to overpay for transactions
We will be able to appreciate this service only when we try and now do not stand so strongly against it or vice versa agree to everything that says about how Bitcoin Bank will work.

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May 29, 2017, 02:58:07 AM
 #305

Building a bank of bitcoin is a very interesting thing to have now because of the security that it may provide for us who believed in digital currency. Right now most of the users have their huge wealth and it really needs to have assurance of best security of bitcoin storage which cannot be prone to hacking is through bitcoin banking like fiat cash banks savings.

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May 29, 2017, 05:55:20 AM
 #306

Building a bank of bitcoin is a very interesting thing to have now because of the security that it may provide for us who believed in digital currency. Right now most of the users have their huge wealth and it really needs to have assurance of best security of bitcoin storage which cannot be prone to hacking is through bitcoin banking like fiat cash banks savings.
I can not understand because of the lack of a lot of information on this topic. How much can Bitcoin be used to fear Bitcoin Bank and how much it should greatly affect the overall picture in the development of Bitcoin and for each user individually.

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May 29, 2017, 07:58:30 AM
 #307

I think this is a good thing, with a bank then automatically makes the user bitcoin increasingly popular and people will be investing massive, so with bitcoin bank is more assured in the future day.

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May 29, 2017, 09:09:06 AM
 #308

This is possible with bitcoin bank, making bitcoin security more manageable in terms of safer transactions or storage and enabling to reduce the activity of bitcoin theft, but I think this will affect the bitcoin freedom that has been applied to the mechanism of the bitcoin system.

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logicgate
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May 29, 2017, 09:22:18 AM
 #309

We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.

I agree, we do not need a bank to store bitcoins. This system is ideal for using without intermediaries. Banks have remained outside of this network and I am very happy about it. I do not want to overpay for transactions
yeah bitcoin do not need bank because bitcoin technology is already stable than bank and transaction of bitcoin is so much better than bank and bitcoin transaction fees is also too much lower than bank and I consider that bitcoin is very secure than bank.

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May 29, 2017, 09:25:45 AM
 #310

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 ?
Having a bitcoin bank would be a great idea for saving money however still there are many wallet that you could save your bitcoins and the advantages of it is you could use your bitcoin everytime you want...yet bitcoin wallet has low fees compared to bank.

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May 29, 2017, 09:35:50 AM
 #311

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 ?
Having a bitcoin bank would be a great idea for saving money however still there are many wallet that you could save your bitcoins and the advantages of it is you could use your bitcoin everytime you want...yet bitcoin wallet has low fees compared to bank.
But for me bitcoin wallet is enough to make savings because interest of our investment would base only on the price increase of bitcoin, and there is no set interest like banks. I think bitcoin bank is good only for deposit and withdrawal but in saving bitcoin wallet is enough.

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May 29, 2017, 09:39:43 AM
 #312

We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.

Yeah that's why we are here in bitcoin because we don't want those charge and fees from the bank. But there will be some changes in the future that there will be a chance for banks to adopt bitcoin when they don't have choice. Because they are business and they know how to take business seriously so they will do it for sure.

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May 29, 2017, 09:40:11 AM
 #313

I think this is a good thing, with a bank then automatically makes the user bitcoin increasingly popular and people will be investing massive, so with bitcoin bank is more assured in the future day.

Banks are not a good option for bitcoin as in banks different legal procedures are involved and also the interest rate is another issue with the banks as interest rates changes with each stat/country. And also major share of profit is went into the bank pocket and very limited amount of profit for the account holders.  

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May 29, 2017, 12:50:54 PM
 #314

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 is not necessary to build a bank of bitcoin due to we are the bank of our own bitcoin. I remember in the blockchain once you get log in you will see to their dashboard showed BE YOUR OWN BANK, meaning what for if we build a bank for bitcoin.

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May 29, 2017, 03:32:25 PM
 #315

think it is very troublesome and must rely on upon many elements. To start with, you should request authorization and assent of the State to you can do it. Second, the banks subject to the administration of the State and the goverment, in the event that you assemble Bitcoin bank then obviously it will rely on upon the State. This is not consistent with the way of Bitcoin, it is free and not subject to any administration of the association or person. Clients should pay charges and many individuals surely won't this way. Third, the current Bitcoin costs stay unstable, it is as yet fluctuating, paying enthusiasm to clients and oversee is troublesome.
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November 10, 2017, 10:50:01 PM
 #316

Here's a joke) Sarcasm in the highest degree Grin Grin Grin Grin

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mithon2017
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November 13, 2017, 02:16:48 PM
 #317

It is great idea. But by I think Bitcoin is just online currency.  Not only it is currency but also it helps many user. We build of Bitcoin bank.. it is not possible but it build very difficult. Bank means a lot of money exchange.. a lot of customer are  receiving it's service.. I believe that, ones apon a time, build be will a Bitcoin bank.. and many customers are accepting it..
Loopper
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November 13, 2017, 02:43:23 PM
 #318

It's a strange thing to build a Bitcoin bank and hire people to work on it. Cheesy Grin

Ayush rana
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November 13, 2017, 03:01:15 PM
 #319

Building a bitcoin bank is a great idea and yes i will trust you and open my savings account in your bank if you fit in all my requirements. But my doubt is that, how can you track the transactions because tracking crypto currencies is impossible.

Whitefur
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November 13, 2017, 03:14:49 PM
 #320

This will probably happen because there is no way that bitcoin can hold these much people and grow more if they don't widen themselves.
Because bitcoin is not a huge group of thousands of people so i think that bitcoin will become huge in the future.
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