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deisik
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May 14, 2017, 03:21:56 PM |
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It looks more like this Skandia bank providing back-end services for Coinbase It works by customers logging into a third-party user interface from the Coinbase digital shopping center, and will then get the bitcoin balance visible and updated in the web bank. That means that if you have an account in this bank as well as a Coinbase account, you can buy coins directly from your web wallet (in this case, Coinbase) with money in your bank account (and likely vice versa, though I'm not sure). As such this has nothing to do with Bitcoin, since Coinbase essentially operates as an online shop here selling you something (i.e. bitcoins) and debiting your bank account like what regular online shops are doing when you pay with your bank card (it was hard to decipher this Google translated piece)
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joshy23
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May 14, 2017, 03:22:57 PM |
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I think this is huge step indeed, but I would be cautious because well all know that banks don't like bitcoin because of its de-centralized features that is why you can buy directly but to use an exchange. But why used banks anyway when you can just buy it thru local coins or exchanges like coinbase that they have pointed at? Well, I think we should monitor and how see things work out with this setup in Norway.
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Gens09
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May 14, 2017, 03:40:05 PM |
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Good thing for the bitcoin holders there but there is really no doubt about this success of bitcoin in many country obviously the bitcoin is already spreading all over the globe really in the future bitcoin will be the mainstream currency.
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The_Dark_Knight
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May 14, 2017, 03:45:52 PM |
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I think this is huge step indeed, but I would be cautious because well all know that banks don't like bitcoin because of its de-centralized features that is why you can buy directly but to use an exchange. But why used banks anyway when you can just buy it thru local coins or exchanges like coinbase that they have pointed at? Well, I think we should monitor and how see things work out with this setup in Norway. Because some people are willing to give up privacy to win in comfort and to be able to cash out their earnings easier when they are trading, so to me it makes sense for this service to exist also banks only care about one thing earning money, so it makes sense at some point some are going to accept bitcoin.
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Sundark
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May 14, 2017, 03:54:41 PM |
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That means that if you have an account in this bank as well as a Coinbase account, you can buy coins directly from your web wallet (in this case, Coinbase) with money in your bank account (and likely vice versa, though I'm not sure). As such this has nothing to do with Bitcoin, since Coinbase essentially operates as an online shop here selling you something (i.e. bitcoins) and debiting your bank account like what regular online shops are doing when you pay with your bank card (it was hard to decipher this Google translated piece)
Still good news. I don't know any other bank which offers similar services, it will certainly improve the way bitcoin can be purchased. I hope that using your bank account means that additional external verification is no needed anymore and legal issues Coinbase might have will be handled by the bank. This way of buying coins is way easier than using standard bitcoin exchange.
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pearlmen
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May 14, 2017, 04:02:53 PM |
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Wow, that's another good news coming from that end and gradually the penetration is happening. What is next is for them to deploy all their infrastructure to support bitcoin rather than the referral that is currently being obtained and this can be replicated to other countries gradually.
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doedz
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May 14, 2017, 04:33:49 PM |
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The good news, this makes BTC prices stronger, we wait for other countries to legalize this currency. Wait for BTC prices next year. Maybe with 1 BTC can get 1 Ferrari.
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LFC_Bitcoin
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May 14, 2017, 07:17:57 PM |
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The good news, this makes BTC prices stronger, we wait for other countries to legalize this currency. Wait for BTC prices next year. Maybe with 1 BTC can get 1 Ferrari. Think we might have to wait a while to get to a stage where 1 bitcoin = 1 Ferrari. For sure though this Norweigan bank even having anything to do with bitcoin is a positive thing.
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btcforall777
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May 14, 2017, 07:59:29 PM |
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The good news, this makes BTC prices stronger, we wait for other countries to legalize this currency. Wait for BTC prices next year. Maybe with 1 BTC can get 1 Ferrari. Think we might have to wait a while to get to a stage where 1 bitcoin = 1 Ferrari. For sure though this Norweigan bank even having anything to do with bitcoin is a positive thing. 1 bitcoin = 1 Ferrari. I love it! Any body with any vision for foresight can see its coming soon too!
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Victorycoin
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May 14, 2017, 08:37:43 PM |
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Wow, that's another good news coming from that end and gradually the penetration is happening. What is next is for them to deploy all their infrastructure to support bitcoin rather than the referral that is currently being obtained and this can be replicated to other countries gradually. I see this referral approach as being indispensable if Bitcoin integration with banks is going to make any headway, other than that, the books would be opened to regulation page and all the strict requirements that goes with it outlined and we would be back at 1. I found this bank only exist online: Storbanken, which has no branches and is only available online, now takes digital currency investors into the heat: Do we play the Ostrich with that because this is just a desirable step?
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prashanta
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May 14, 2017, 08:50:56 PM |
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this is a good news & we are looking forward to acceptance from another bank soon also.
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Hydrogen
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May 14, 2017, 09:26:05 PM |
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Is bitcoin support part of a worldwide de-dollarization campaign due to world leaders fearing the united states dollar being $20 trillion in debt could soon devalue its way into hyperinflation hell?
What happened to the world of only a few years ago where the news media told me deficits didn't matter?
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tosmartak
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May 14, 2017, 09:36:25 PM |
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It is a good development. At least, banking institutions are beginning to key into how they can integrate it into the banking system. Sure, for a start it won't be that easy but over time it will get better. Also, like you said, I hope the law will support it.
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cramcram21
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May 14, 2017, 09:37:00 PM |
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Wow it seems that bitcoin is really being adopted by more country, Hope that we could see other country to accept bitcoin in the future.
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bartolo
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May 14, 2017, 09:58:52 PM |
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If I understood correctly the news is that users instead of sending their money from the bank to Coinbase and wait a couple of days until they arrive they can directly connect the bank account with the Coinbase account and make the purchase instantly. It is a faster way to do it but users should also be more careful about their safety.
The really novelty, I do not know if we will see it soon, would be that a bank gave the option to make an deposit into your account in bitcoin and change it directly to local currency or do the process in reverse, I don´t know if we will see this over time.
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Tyrantt
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May 14, 2017, 10:35:54 PM |
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Wow it seems that bitcoin is really being adopted by more country, Hope that we could see other country to accept bitcoin in the future.
Yeah, we've seen Japan accept it, Australia will from july 1st and I can see South Korea or some scandinavian country following their footsteps aswell. 2017 has been a great year for bitcoin so far.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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btcforall777
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May 14, 2017, 11:24:35 PM |
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Is bitcoin support part of a worldwide de-dollarization campaign due to world leaders fearing the united states dollar being $20 trillion in debt could soon devalue its way into hyperinflation hell?
What happened to the world of only a few years ago where the news media told me deficits didn't matter?
Its coming and it will be beautiful! Wait for it.......
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Clement Kaliyar
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May 14, 2017, 11:46:27 PM |
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The good news, this makes BTC prices stronger, we wait for other countries to legalize this currency. Wait for BTC prices next year. Maybe with 1 BTC can get 1 Ferrari. A bank in Norway redirects you to coinbase and you think that it would make the price of bitcoin stronger. If a country legalizes bitcoin then we will see new market place being created and more investors and thereby increase in price,i really hope that Ferrari's reputation wont go down because of bitcoin.
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Zenithar
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May 14, 2017, 11:59:55 PM Last edit: May 15, 2017, 10:57:37 PM by Zenithar |
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That means that if you have an account in this bank as well as a Coinbase account, you can buy coins directly from your web wallet (in this case, Coinbase) with money in your bank account (and likely vice versa, though I'm not sure). As such this has nothing to do with Bitcoin, since Coinbase essentially operates as an online shop here selling you something (i.e. bitcoins) and debiting your bank account like what regular online shops are doing when you pay with your bank card (it was hard to decipher this Google translated piece)
Still good news. I don't know any other bank which offers similar services, it will certainly improve the way bitcoin can be purchased. I hope that using your bank account means that additional external verification is no needed anymore and legal issues Coinbase might have will be handled by the bank. This way of buying coins is way easier than using standard bitcoin exchange. yes that s really a good news to hear about, personally do no see or know about such banks but hope that with the passage of time we will also be able that our banks will also accept bitcoin and hope that we will be able to use bitcoin in our local shops also. but still it will take some time because bitcoin is still not so much introduce in our area.
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