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Author Topic: Cryptobanks investments.  (Read 297 times)
qra_qqryq
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November 08, 2017, 05:10:52 PM
 #1

Hello. What do you think about investing only in Cryptobanking projects like TenX or Crypterium, Bankera, WanChain? I think that investing in projects like this have got potential. In the future there will be a lot of cryptobank users and their tokens may be worth a lot of money from my perspective. It is like investing in shovels when there is gold fever. Feel free to share your mind about it. What price are you awaiting for?
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November 08, 2017, 05:17:47 PM
 #2

I was going to invest in Crypterium, but chose not to. The reason is because I don't see Cryptobanks becoming useful until cryptocurrency truely goes mainstream which may be a while. Crypterium wants to implement a full infrastructure of POS, apps, tokens, and other things that can only be profitable if a very large amount of businesses adopt the technology. I would look carefully at these projects before investing because they may not be feasible in the time frame they have provided. As for a quick profit, I think they are very good opportunities to dump quickly and triple or quadruple your investment. Although, this strategy is frowned upon in the crypto space so I would advertise that if you do it. Good luck!
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November 08, 2017, 08:25:55 PM
 #3

Hello. What do you think about investing only in Cryptobanking projects like TenX or Crypterium, Bankera, WanChain? I think that investing in projects like this have got potential. In the future there will be a lot of cryptobank users and their tokens may be worth a lot of money from my perspective. It is like investing in shovels when there is gold fever. Feel free to share your mind about it. What price are you awaiting for?
I think it is too soon, while I do not agree with the idea of a bitcoin bank I think the moment for those coins has not come yet since most users of crypto are against it, for those projects to work long term you need a lot of people willing to accept a banking projects like that, so if I were you I will look for a different kind of project, like shift or monero.
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November 09, 2017, 01:58:33 AM
 #4

I was going to invest in Crypterium, but chose not to. The reason is because I don't see Cryptobanks becoming useful until cryptocurrency truely goes mainstream which may be a while. Crypterium wants to implement a full infrastructure of POS, apps, tokens, and other things that can only be profitable if a very large amount of businesses adopt the technology. I would look carefully at these projects before investing because they may not be feasible in the time frame they have provided. As for a quick profit, I think they are very good opportunities to dump quickly and triple or quadruple your investment. Although, this strategy is frowned upon in the crypto space so I would advertise that if you do it. Good luck!

Though I agree that it may take a while for cryptocurrency to go mainstream, but we are going there. And I am pretty sure a lot of businesses are already in the works to learn how to adopt the technology, make using these cryptocurrecies as simple as the traditional money, then it's only a matter of time.

As for cryptobanking, I think more and more private companies will come up cryptobanks, and with a lot more reason to invest about, so we have to wait and see.

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November 09, 2017, 02:17:46 AM
 #5

Yes, it is too soon to expect and speculate about a new bank and about cryptocurrencies, crypterium was a good ico because they were going to implement a lot of features to the whole community, i really hope to them to be a succesfull project because it seems that they have put a lot of effort on this forum and on the whole community to make their ico run succesfull.
But yes, people is still tryign to adopt bitcoin, and we can not think about a bank yet, it is very soon to do so.

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November 13, 2017, 05:46:53 PM
 #6

I was going to invest in Crypterium, but chose not to. The reason is because I don't see Cryptobanks becoming useful until cryptocurrency truely goes mainstream which may be a while. Crypterium wants to implement a full infrastructure of POS, apps, tokens, and other things that can only be profitable if a very large amount of businesses adopt the technology. I would look carefully at these projects before investing because they may not be feasible in the time frame they have provided. As for a quick profit, I think they are very good opportunities to dump quickly and triple or quadruple your investment. Although, this strategy is frowned upon in the crypto space so I would advertise that if you do it. Good luck!

Though I agree that it may take a while for cryptocurrency to go mainstream, but we are going there. And I am pretty sure a lot of businesses are already in the works to learn how to adopt the technology, make using these cryptocurrecies as simple as the traditional money, then it's only a matter of time.

As for cryptobanking, I think more and more private companies will come up cryptobanks, and with a lot more reason to invest about, so we have to wait and see.
Only companies that could benefit directly from the blockchain are going to be studying the subject, most other business are not going to adopt bitcoin until it is an advantage to do so that is why while adoption among some people have been great the businesses have not followed since there is still not enough money to be made since the user base of bitcoin is still small.
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November 13, 2017, 07:08:12 PM
 #7

Hello. What do you think about investing only in Cryptobanking projects like TenX or Crypterium, Bankera, WanChain? I think that investing in projects like this have got potential. In the future there will be a lot of cryptobank users and their tokens may be worth a lot of money from my perspective. It is like investing in shovels when there is gold fever. Feel free to share your mind about it. What price are you awaiting for?

I like those kind of financial projects as I believe crypto currencies will achieve wider and wider adoption.
And those kind of crypto banks will collect all the middle man commissions of that.


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December 05, 2018, 02:26:22 PM
 #8

Are the new Cryptobanks the updated financial model for the future?

https://coincodex.com/article/2705/are-cryptobanks-the-financial-model-of-the-future/
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December 05, 2018, 02:33:13 PM
 #9

Hello. What do you think about investing only in Cryptobanking projects like TenX or Crypterium, Bankera, WanChain? I think that investing in projects like this have got potential. In the future there will be a lot of cryptobank users and their tokens may be worth a lot of money from my perspective. It is like investing in shovels when there is gold fever. Feel free to share your mind about it. What price are you awaiting for?
I think that will not happen. A cryptobank is very easy to fail. Because when people know how to use crypto, they can transfer accounts to someone without intermediaries. In addition, Ledger Nano S purse purses have protected their wallets. They can keep their property unattended.

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December 05, 2018, 02:54:55 PM
 #10

I think speculation needs to be taken, but see how the development of their tokens that I made if I don't think they are held by an expert team will become ashes, and we must be truly selective for investment.

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December 05, 2018, 03:00:57 PM
 #11

I didn't invested with those projects but it looks like some of them are really making the best to the market.

I'd like to stay with bitcoin and eth at least before proceeding to another altcoin of my choice. As long as I'm still good with these, I'll go with those in the future. But if you see guys that you are doing pretty good with those coins then you can continue with it.

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December 06, 2018, 08:32:44 AM
 #12

honestly, the cryptobank project is currently unable to meet the expectations that we dream of, some of them have not yet developed and even now their bank cards have not been launched. I think the regulations of each country that have not supported and made it difficult for the cryptobank project to grow.

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December 06, 2018, 09:11:37 PM
 #13

I am not really sure if I my self will invest into it as these cryptobanks will still be on the internet and these will still be a high chance that the platform can be hacked which is happening in crypto marketplaces and exchanges which some times lose millions of assets when hacked.

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December 06, 2018, 10:22:38 PM
 #14

I am not really sure if I my self will invest into it as these cryptobanks will still be on the internet and these will still be a high chance that the platform can be hacked which is happening in crypto marketplaces and exchanges which some times lose millions of assets when hacked.
A platform like these banks needs to have strong security than ever and it needs them to invest with a bigger budget for that. They are aware of these things and they will not create a platform like this if this will not be reconsidered.

The market starts to depreciate again and this is another opportunity for everyone to buy whether with these crypto banks or not. What's important of going with these type of investments, you should start doing your own research before trusting your money with any of these.

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WalkerIVIV
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December 06, 2018, 10:43:26 PM
 #15

Hello. What do you think about investing only in Cryptobanking projects like TenX or Crypterium, Bankera, WanChain? I think that investing in projects like this have got potential. In the future there will be a lot of cryptobank users and their tokens may be worth a lot of money from my perspective. It is like investing in shovels when there is gold fever. Feel free to share your mind about it. What price are you awaiting for?
I have invested in tenx and crpt but they are all getting problem due to the bearish market. I just need to see that worth a half of dollar again and that makes me fine with it but i realize that the bearish market  was preventing it to be happened.

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kumiskura
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December 06, 2018, 11:28:36 PM
 #16

Hello. What do you think about investing only in Cryptobanking projects like TenX or Crypterium, Bankera, WanChain? I think that investing in projects like this have got potential. In the future there will be a lot of cryptobank users and their tokens may be worth a lot of money from my perspective. It is like investing in shovels when there is gold fever. Feel free to share your mind about it. What price are you awaiting for?
I have invested in tenx and crpt but they are all getting problem due to the bearish market. I just need to see that worth a half of dollar again and that makes me fine with it but i realize that the bearish market  was preventing it to be happened.

If you are interested in investing your money into bank type of investment, why do not you try to invest some of it on the bank directly? honestly speaking, do not you think it is much safer investing your money into bank directly in form of fiat and get it back in for of fiat too.
cryptocurrency is full of speculation when the bear is in. The price will be declined a lot, and when the bull is in, the price will be increased a lot.
I do not see any reason, why would we need to invest our money into bank type of investment in cryptocurrency.

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December 07, 2018, 09:04:46 AM
 #17

CryptoBank will be one of the dump idea in the space, it stand against what Crypto is all about, for me attimes it seems to me that some people forget what started Crypto, the market crash of 2008 and here we are in 2018 people still want bank to control their financial life, beware what you ask for



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December 07, 2018, 01:11:40 PM
 #18

CryptoBank will be one of the dump idea in the space, it stand against what Crypto is all about, for me attimes it seems to me that some people forget what started Crypto, the market crash of 2008 and here we are in 2018 people still want bank to control their financial life, beware what you ask for

Correct. On top of that, existing banks can easily switch to support cryptocurrencies. The competition and adoption for cryptobank is insane if you start as a start-up such as ICO. Existing bank would have better opportunities to do that. Most of these cryptobank are the same afterall, providing debit card and etc.

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