Saving bitcoins

[eann014]

Saving bitcoins is good nowadays because we cannot say there will be a chances that bitcoin and grow and make a high currency. This is good that we need to start to earn bitcoin.

[frendsento]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

There is no such thing as legitimate bitcoin bank that are existing all over the web if you found any I am pretty sure that Is just one of they HYIP scam sites that are floating all around the web ! If you really want to invest in a bank better convert your bitcoin to fiat and make a traditional transaction with a reputed bank , your money will be safe there .

[Juggy777]

Strange question really when a Google search would have told you, there is no such bank that accepts Bitcoin. Or maybe walk to your bank and figure it out. I don't think there is anything in service section also that could help you. For the time being I would suggest store your coins in a wallet. Make sure you have your keys with you and do not tell anyone how much Bitcoin you have as it increases chances of risk of hack. Maybe in future some service what you want may come up.

[PhilPrime]

Strange question really when a Google search would have told you, there is no such bank that accepts Bitcoin. Or maybe walk to your bank and figure it out. I don't think there is anything in service section also that could help you. For the time being I would suggest store your coins in a wallet. Make sure you have your keys with you and do not tell anyone how much Bitcoin you have as it increases chances of risk of hack. Maybe in future some service what you want may come up.

Have point,there is no way now that bank relates in bitcoin other than sending and cashing out our money, about saving it is only opt for us to store it in our wallet on our preferred sites or ways.

[HabBear]

I wasn't responding to the OP, I was responding to someone else's incorrect response!

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

Its sad to say but there are no bitcoin banks existing online.

Wow this isn't true! There are several bitcoin banks online - Coinbase, Circle, Xapo!

OP is talking about a bank that is giving him profit and none of these have that. and besides Circle was mostly about buying bitcoin and it has stopped that too!
the best term to describe these services is "an account to hold bitcoin" and nothing more.

And in this world the place where we have an account to hold pounds/dollars/euro/bitcoin is called a bank. If we want to talk about why bitcoin banks don't pay interest, let's talk about that...that's what the OP started this discussion on.

[zPanda]

BTC does not run on that system, in addition, there are no inflationary measures since there is no central bank.

[BitcoinPC]

First of all it is impossible, Have you hear that any bank is here who deposit bitcoin, because i don't think any bank deposit the bitcoin. Secondly, it is only possible when you convert your bitcoin into fiat currency and then use it for bank. But i think if you hold you bitcoins as it is better for fiat currency and also bitcoin give you more profit than bank deposit.

[bravehearth0319]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

I will throw it back to you the question, Do you like Bitcoin bank? as for me, I don't like that because as a bitcoin fanatic we are the one who is Bitcoin bank already. For me I'm not in favor in bitcoin bank.

[eann014]

Strange question really when a Google search would have told you, there is no such bank that accepts Bitcoin. Or maybe walk to your bank and figure it out. I don't think there is anything in service section also that could help you. For the time being I would suggest store your coins in a wallet. Make sure you have your keys with you and do not tell anyone how much Bitcoin you have as it increases chances of risk of hack. Maybe in future some service what you want may come up.

Have point,there is no way now that bank relates in bitcoin other than sending and cashing out our money, about saving it is only opt for us to store it in our wallet on our preferred sites or ways.

It is also our strategy on how we can earn bitcoin in our wallet or how can we save our bitcoin, because once you are not really thrifty at all, you cannot really save money at the very beginning. 

[Superways]

You have to wait for the time when the governments will accept the use of bitcoin in their governmental institutes then you will be able to save your bitcoins in banks and at that time it will be dependent in their earnings and consumption that how much will they want the fees.

[calkob]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

I think that bitcoin changes the whole banking system to the point were it just wont look the same in 15 years.  i cant see anyone giving their bitcoins to a bank when they can store them safely themselves.  and i also cant see how a bank can lend out bitcoin with out it disappearing.  bitcoin is on the verge of becoming fully anonymous by using tumblebit and the likes.

[savioroshan]

In my opinion if you want to save bitcoins, just buy bitcoins and store it in any bitcoin wallet. That itself will do. You dont have to deposit it somewhere. First of all you cannot deposit bitcoins like fiat currencies in any bank or private institutions.So storing bitcoins in your own wallet is the best option. Bitcoin is getting popular day by day. Its price is also increasing day by day. So for example if you store today 100 dollars worth bitcoin in your wallet, after few years it would be worth thousands of dollars.

[margarete11]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

there is no such thing as a Bitcoin bank in a Cryptocurrency world ! if there is a person to you that push you to invest bitcoins in what do they called "bitcoin bank"  then as early as today please don't do it ! you will just lose all your bitcoins in that area ! better just convert it to fiat then invest in a real bank !

[JC btc]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

I will throw it back to you the question, Do you like Bitcoin bank? as for me, I don't like that because as a bitcoin fanatic we are the one who is Bitcoin bank already. For me I'm not in favor in bitcoin bank.

But how about having a bitcoin ATM? Well, it is an advantage too if we don't have bitcoin bank, so the people/users have the control in the price depending on the demand and supply and not depending on the government regulation if how much would the daily price of bitcoin. It is have to invest and trade if that would happen.

[dothebeats]

Not gonna happen. Banks do offer interest over time, but it's still best to just store the couns yourself because it's still profitable to do so other than expecting a fractional increase from the banks for years. Also, banks wouldn't accept such as bitcoins do not fall under tangible assets.

[Red-Apple]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

I will throw it back to you the question, Do you like Bitcoin bank? as for me, I don't like that because as a bitcoin fanatic we are the one who is Bitcoin bank already. For me I'm not in favor in bitcoin bank.

But how about having a bitcoin ATM? Well, it is an advantage too if we don't have bitcoin bank, so the people/users have the control in the price depending on the demand and supply and not depending on the government regulation if how much would the daily price of bitcoin. It is have to invest and trade if that would happen.

the whole point of bitcoin is that you become your own bank and don't need anything else. then you go and try to find a bank to still use it with bitcoin doesn't make sense.
and what are you going to use an ATM for? if you need fiat then use a fiat ATM with fiat card and if you need bitcoin then you don't cash out bitcoin you directly spend bitcoin by sending it to the other person's bitcoin public key.

[cramcram21]

There is no bitcoin bank that exist in the internet right now,
And I think that there would never be one cause bitcoin was created for decentralization and for anonymity of all of it's user.

[PacePay]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

I think you do not know that bitcoins cannot be saved in banks they are not adopted and accepted by banks so you if want to save them in banks then you will need first to convert these bitcoin to fiat and then store but with that you will miss the benefit of bitcoin price increase.

[LFC_Bitcoin]

Just put your bitcoin's into cold storage, offline. You don't need any kind of stupid investment bank or interest. Bitcoin's value is steadily increasing over time now, that is more than enough growth interest for you.

[crairezx20]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

I think you do not know that bitcoins cannot be saved in banks they are not adopted and accepted by banks so you if want to save them in banks then you will need first to convert these bitcoin to fiat and then store but with that you will miss the benefit of bitcoin price increase.

I think we have a bitcoin bank like in bit-x here https://coinsbank.com/bit-x
Which is you can save your money into credit card that you can use in selected country.
For now we are use also to save our bitcoin into wallet that we can consider as our bank where we are saving our bitcoin..
So if you want to save a bitcoin better to choose a safe wallet because some of wallets are not safe like online wallet coinbase.. that i heard many people are saying that coinbase are suspending your account or pending issue or draining your credit card if you buy bitcoins.. so be smart and use the wallet like electrum or bitcoin-qt those are safe wallet because i already tested it..