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Author Topic: Bitcoin savings account?  (Read 4268 times)
eann014
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June 27, 2017, 07:27:09 AM
 #61

You can save your bitcoin to your btc wallet. Just don't withdraw it and I think its just fine. You can save bitcoin while you are also earning.

save it for long term and check after 5-10 years again
you will suprised and ready to harvest the profit Grin
Yeah maybe it is possible to happen, but of course don't over expect, and I think by checking the value of a bitcoin regularly will also help you to know if you are already earning from your bitcoin wallet or not.  Grin
kpcian
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June 27, 2017, 08:13:09 AM
 #62

Is it really exist..??
But I didn't hear anything about Bitcoin saving account, I think Bitcoin itself is a saving account. If someone wants to save Bitcoin for a long time so that bitcoin will bring out a handsome amount of profit after that period. So Bitcoin can be a saving account.
DoublerHunter
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June 27, 2017, 08:25:23 AM
 #63

I don't think there will be bitcoin savings account because we don't really need that kind of project because bitcoin wallets like hardware wallet is enough for a user to store or save our bitcoins for long term and there is nothing new in savings account because it is already implemented in bitcoin wallets out there and if you are really wanting that then think twice because it is like having a centralized bank.
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June 27, 2017, 08:29:24 AM
 #64

the best way to get interest on your bitcoins
would be investing them into one of the reputable bitcoin dice or casino sites
make sure they have a plan how to deal with the upcoming forks,like,for example this one here:
https://blog.bitvest.io/post/the-forkening
you will have additional income,just like if you had put bitcoins into a "bank"
mind you,the numerous "banks" and ponzi schemes or HYIPs are NOT the way to invest your coins

freebitcoin offers a relatively safe savings account,but the interest on your coins would be much less than if you
invested it into one of the casino bankrolls

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btctousd81
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June 27, 2017, 08:30:15 AM
 #65

bank pays us interest because they use our money, i guess  thats the basic idea.

so if you want to get interest on btc kept at bank, they should be able to use it. i guess, thats not bad idea. a company or entity investing bitcoins in other projects which gives more bitcoins in return. is nt it the same logic as banks ?

there are none btc banks at the moments.,

UCHCHILD
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June 27, 2017, 08:43:37 AM
 #66

Is it not a ponzi? Because it is a bit suspicious if so in my part. Anyway I will not take the risk on that. But you mean when you save money you gonna gain the interest? In my part I do not need saving account for bitcoin like interest for my savings because bitcoin itself grew fast, and it is faster than the interest that the saving site can give.  Anyway you have to be very careful if there is so.
carlfebz2
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June 27, 2017, 08:45:57 AM
 #67

You mean bitcoin bank? I cant see anything about it since you are pertaining on bitcoin savings. Why would seek for bank service since we can able to keep our coins in our own wallet which can give us interest without doing nothing depending on the price movement of bitcoin we can keep and control our funds I would like that way rather than putting on some banks or services which do offer this one.

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June 27, 2017, 01:56:07 PM
 #68

Is there any upcoming project that would act like a bitcoin savings account?

There are multiple "sites" offering stable interest but nothing reliable and trustworthy as of now, This is one of the most wanted projects IMO but is very difficult to operate, since this project or "bank" would need to find ways to generate stable interest through lending bitcoins, a very difficult feat as of now.
Shutup
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June 27, 2017, 02:59:14 PM
 #69

Is there any upcoming project that would act like a bitcoin savings account?

I hope so there will be a bitcoin savings account.So that its like a bank that you can withdraw anytime youre in need.But I think bitcoin is much easier to process than in the bank.And bitcoin savings is good to those bitcoin savers.Maybe in the coming future they will approve this for the lauching of bitcoin into the world.
Reid
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June 27, 2017, 03:14:49 PM
 #70

I think he is looking for a bank using his bitcoin as a means of money just like how fiat is.
Why not think of bitcoin like a commodity then maybe that will change your perspective to what bitcoin really is.
I dont think there would be one company that would make a savings account. This are already done by the wallet websites.
flower1024
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June 27, 2017, 03:19:12 PM
 #71

Is there any upcoming project that would act like a bitcoin savings account?

I hope so there will be a bitcoin savings account.So that its like a bank that you can withdraw anytime youre in need.But I think bitcoin is much easier to process than in the bank.And bitcoin savings is good to those bitcoin savers.Maybe in the coming future they will approve this for the lauching of bitcoin into the world.

This is possible we don't need physical banks in all over the world just in one country this Bitcoin bank register and start their activity. And they can launch their bank app in all over the world. It could be possible, but they should provide customer support all over the world then only it is possible, or else people will not use this service.
jtipt
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June 27, 2017, 03:27:24 PM
 #72

Is there any upcoming project that would act like a bitcoin savings account?
You see anything like that its most probably just another Ponzi and a scam ultimately. I think holding BTC itself is like a saving bank, obviously, the BTC doesn't increase but their value surely does increase and well that's good enough for me.
choppork
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June 27, 2017, 05:03:12 PM
 #73

Is there any upcoming project that would act like a bitcoin savings account?

Any website that says they are going to increase your bitcoin are just scam sites. Come on, it's 2017. It's only common sense that the people on the Internet that are welcoming investors are all scammers. Bitcoin savings account in a sense where you put your money, you time deposit it, then you get your profit (like in the banks) is obviously a scam. It would be a lot better to just put your bitcoin in an offline wallet and then that's it. That's your savings account. The quantity of the bitcoins might not increase but at least the price of bitcoin might increase in the future.

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June 27, 2017, 05:41:34 PM
 #74

why you need intereat in bitcoin, bitcoin it self can make a profit if you just keep it for long term

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bitllionaire
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June 27, 2017, 06:25:13 PM
 #75

You mean bitcoin bank? I cant see anything about it since you are pertaining on bitcoin savings. Why would seek for bank service since we can able to keep our coins in our own wallet which can give us interest without doing nothing depending on the price movement of bitcoin we can keep and control our funds I would like that way rather than putting on some banks or services which do offer this one.
even in my country still there is no such trend you, not such a single bank is still accepting bitcoin. may be in future it will become possible but currently it is not possible any  where.
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June 27, 2017, 07:57:04 PM
 #76

why you need intereat in bitcoin, bitcoin it self can make a profit if you just keep it for long term

Greed.... Certain people don't see holding Bitcoin as something profitable (some even refer to it as being boring, and a waste of time) as it doesn't gain them anything in the way that their coin quantity increases. People here are looking for ways to earn Bitcoin, but then preferably with the least possible effort -- that's why people like to lend out their coins (because that's what it basically is) in return for a tiny reward. It's a passive form of income.
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June 27, 2017, 08:35:56 PM
 #77

there are some bitcoin lending sites where you can lend your money and get some interest on that money for a specific time. well I tryed them out and found that some times the repayer can scam your money so I have come up with the new money investment system in yobit exchange. basically they let you invest your money like banks and they will use that money and make profit. after that they will pay you some interest for your money. and its better interest RTS than banks at least.
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June 27, 2017, 08:41:17 PM
 #78

there are some bitcoin lending sites where you can lend your money and get some interest on that money for a specific time. well I tryed them out and found that some times the repayer can scam your money so I have come up with the new money investment system in yobit exchange. basically they let you invest your money like banks and they will use that money and make profit. after that they will pay you some interest for your money. and its better interest RTS than banks at least.

I don't find them trustful to store my valuable bitcoins. Why don't we use private wallets for saving purposes? Way better.
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June 27, 2017, 09:05:10 PM
 #79

Step 1.  Join this lovely currency to save yourself from banks.

Step 2.  Create a bank.

Yeah, really sounds like a great idea doesn't it?

 Actually I am about confused about your 2nd step and 3rd step. It seems very funny that you are saying that create a bank and yeah sounds like a great idea. After joining this currency don't required any bank. Bitcoin is everything for you. You investment is getting double and also it is better than bank.
If you are talking about its wallets that they are like own banks then yes that is right with bitcoin wallets we are our own banks.
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June 27, 2017, 09:09:17 PM
 #80

there are some bitcoin lending sites where you can lend your money and get some interest on that money for a specific time. well I tryed them out and found that some times the repayer can scam your money so I have come up with the new money investment system in yobit exchange. basically they let you invest your money like banks and they will use that money and make profit. after that they will pay you some interest for your money. and its better interest RTS than banks at least.

I don't find them trustful to store my valuable bitcoins. Why don't we use private wallets for saving purposes? Way better.

You will earn from lending + increase in bitcoin price.  There are reputable investing sites,just check their statements for "clear big photo" .

To be decided...
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