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Author Topic: Bitcoin savings account?  (Read 4248 times)
joromz1226
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June 28, 2017, 03:59:39 AM
 #81

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

What do you mean bitcoin savings account? is it like a bank that giving any interest of the money you lend it to them.
For me it is good to do bitcoin savings through putting it in the bitcoin wallet address. Like Electrum, bitcoin core, multihd, and etc.
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June 28, 2017, 04:11:35 AM
 #82

Is there any upcoming project that would act like a bitcoin savings account?
Ofcourse yes , in the incoming future I am100% sure that any new service will enter and give interest like the Saving bank account . And also I think it was already exists such type of service but that site ran away by scam , so here this small risky to put our money like the bank money , because we have always risk with our money .
But currently In my opinion the site which is paying interest daily for the Bitcoin invest is the yobit.net .
Just create your account in yobit and then go in the investment section , you will surely found that the better ways of investment , there you can invest any type of the coin ( that is listed in the below of the investment box ) .
and can make a big amount of profit daily .
With the Bitcoin investment you can make 0.2% daily .
since yobit is a bank so it is much safe to out your money like in the bank .
(but still you should use your mind to use your money to use at perfect ways , the perfect way was looking for me I told about that to you already ) .
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June 29, 2017, 09:28:35 PM
 #83

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

Isn't saving the bitcoins in the wallet make it seems like a saving account, it sure does for me because i have interests that no banks will ever give me even if it was investment.

Yup exactly no one bank will give you more like investment in bitcoin, or holding bitcoin in a wallet which can increase you money, why because bitcoin is giving us opportunities which is much more better than government created jobs for people and for people's futures. So i'm agree with you totally because the price of btc is increasing..

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June 29, 2017, 09:48:09 PM
 #84

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

What do you mean bitcoin savings account? is it like a bank that giving any interest of the money you lend it to them.
For me it is good to do bitcoin savings through putting it in the bitcoin wallet address. Like Electrum, bitcoin core, multihd, and etc.

No need to expect the bank to come. Because you do not have to expect interest saving when the bank is present. You can keep your bitcoin in your wallet and then you can also make a profit from price changes. Because it is certain that bitcoin prices will surely rise. You just need to save and wait
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June 29, 2017, 10:10:17 PM
 #85

If you are interested in deposits in bitcoins, then these offers a lot, but I don't trust them. I know only one site which offers a 4.08% a year is Freebitcoin. The site exists for a long time and the percentage is adequate, but I still don't trust anyone. You that not just growth rates. Greed could destroy you.
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June 29, 2017, 10:29:43 PM
 #86

If you are interested in deposits in bitcoins, then these offers a lot, but I don't trust them. I know only one site which offers a 4.08% a year is Freebitcoin. The site exists for a long time and the percentage is adequate, but I still don't trust anyone. You that not just growth rates. Greed could destroy you.
True, I think do not trust too much to a site or someone. Let alone in online where all things can happen online including fraud. Better keep it in your own wallet than on a third party. Although third parties provide great benefits. But I prefer security
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June 29, 2017, 11:22:57 PM
 #87

If yobit could guarantee the payment every day for at least 365 days straight that would be 72% annual interest which is way more than any banks offering right now, at least in my country most interest rates are around 23% max but they are banks, yet what other exchanges or cloud mining services which they own their own mining pools as well are offering is a very good deal IMO.

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June 29, 2017, 11:35:41 PM
 #88

If yobit could guarantee the payment every day for at least 365 days straight that would be 72% annual interest which is way more than any banks offering right now, at least in my country most interest rates are around 23% max but they are banks, yet what other exchanges or cloud mining services which they own their own mining pools as well are offering is a very good deal IMO.
YoBit is a very bad place for investors within that area since their support is really lacking compared to most Bitcoin exchanges (Poloniex, Bittrex, etc). If something were to happen then all that Bitcoin invested would get lost within that website and YoBit is known to have downtimes here and there.

 
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June 30, 2017, 01:38:55 AM
 #89

Is there any upcoming project that would act like a bitcoin savings account?
If you mean a way to obtain interest in your capital, then one of the few resources that I know are casino bankrolls, that let you have a portion of the earnings by allowing them to control your funds, personally I think the best thing to do is to keep your coins under your control, there is no point risking your coins to get stolen just to get a small percentage every month.



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June 30, 2017, 01:43:10 AM
 #90

i think its better for us to saving our bitcoin in our wallet like using electrum, mycelium, jaxx and else because we can manage our bitcoin and we can spend what we want without any third service know. i think its safe to while if we saving into a website, the possibility to get scam is big although with independent wallet is have the same possibility too.

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June 30, 2017, 01:48:14 AM
 #91

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

I deposit to poloniex then lend my bitcoins using their virtually risk free lending portal, I get good interest on all my bitcoin savings there.
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June 30, 2017, 06:58:48 AM
 #92

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.
Yeah I also don't know about bitcoin savings account, only "bitcoin wallet" I know that is existed. By having a "bitcoin wallet" we can save already our bitcoin to our wallet and let them stay there for a years and I think it will increases.
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June 30, 2017, 07:26:39 AM
 #93

I don't know if this is useful to have a bitcoin savings account because we already have bitcoin wallet that we can store our bitcoins for long term holdings and just do nothing with it except just wait for the possible rise on the price of bitcoin. We don't really need bitcoin savings account because it is like we are risking our bitcoin to someone which is a bad idea for a bitcoin user like me.
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June 30, 2017, 07:27:59 AM
 #94

Bitcoin is a new form of community savings that is applied with a system that is not troublesome. In addition to saving bitcoin, all the usual financial intermediaries in the bank can be eliminated. Holders also do not have to pay for service and registration fees. There are already more bitcoin savings accounts. Bitcoin is safe and can have profits in storing it. Just choose the best one, i recommend select the one who trusts the security of the service, combine simplicity with security, can trader comfortably, and the course can benefit from the savings, wouldn't have a loss in it, and have a proof satisfy for savers.
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June 30, 2017, 07:37:03 AM
 #95

The only way you'd be able to earn some interest in a savings-styled account is by depositing your bitcoins with a centralised service that you'll have to trust to keep your deposit safe. As you can certainly see from the posts here, there are several that even I would rate as medium risk (as opposed to high and extremely high) simply due to their longevity and reputation. These range from exchangers like Poloniex and Yobit, to gambling sites like freebitco.in and bitkong. But at the annual rates of the latter (gambling), you're actually better off changing to fiat and depositing in a centralised bank which at least partially insures your deposit. Just hold and earn. Safest method.

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July 01, 2017, 12:04:09 PM
 #96

The goodness of investing and trading happens based on the user involved in it. With trading one needs more time to be spent, only then profit making is possible. With investment a minimal profit is assured based on the investment capital. But finding legitimate investment site is not that easy.
If you think that finding a place to invest is a difficult thing you can simply use trading as an income option. Do not be too pushy to invest if you do not find a safe place to invest. Because if you insist it might be risky
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July 01, 2017, 08:15:54 PM
 #97

Is there any upcoming project that would act like a bitcoin savings account?
There are many things if you have a knowledge about bitcoin. that what is bitcoin and where is there saving clients in internet. It is basically saves online. Online mean internet. There is wallet where people saves there bitcoins for future. So i hope you get it and understand about this what i'm trying to say. Try to visit this website "www.coinbase.com"
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July 01, 2017, 10:52:55 PM
 #98

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

What do you mean bitcoin savings account? is it like a bank that giving any interest of the money you lend it to them.
For me it is good to do bitcoin savings through putting it in the bitcoin wallet address. Like Electrum, bitcoin core, multihd, and etc.

Saving in the wallet will not grow your bitcoin, whereas when the bank is present it will probably grow your bitcoin. Because they provide interest facilities for customers? Investing bitcoin would be more risky than storing bitcoin in a bank? But for now store bitcoin in the bank not yet present

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July 02, 2017, 09:02:48 AM
 #99

If yobit could guarantee the payment every day for at least 365 days straight that would be 72% annual interest which is way more than any banks offering right now, at least in my country most interest rates are around 23% max but they are banks, yet what other exchanges or cloud mining services which they own their own mining pools as well are offering is a very good deal IMO

There is no way in which Yobit can guarantee this

Or any other cryptocoin exchange out there, for that matter. They could provide safety in respect to loans since this is not very difficult to implement technically (provided you know what you are doing), but they can't give you a genuine guarantee of any kind that they are safe from being hacked (or scamming and running away with your money). We should remember that Bitcoin remains Bitcoin, and once stolen there is no possibility of rolling back or undoing the theft in some other way

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July 03, 2017, 07:47:54 AM
 #100

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

I deposit to poloniex then lend my bitcoins using their virtually risk free lending portal, I get good interest on all my bitcoin savings there.

Is it profitable?
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