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Rrtt
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February 06, 2018, 10:59:50 AM
 #121

Recently, the world's first ever Bitcoin bank

http://kryptomoney.com/worlds-first-bitcoin-bank/

Bitcoin has been improving since it started its first trade and now this great news, bitcoin will soon be here to stay, what can you say about this great news?

Will it support the growth of bitcoin as far as stability is concern?
I don't know if this is a really good news to all bitcoin holders. The bitcoin bank will defeat the purpose of decentralization which is one of the advantage of cryptocurrency. But we have not yet totally see what is the mechanism of that bitcoin bank so let us see if that is useful to the digital currency.
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February 06, 2018, 06:45:50 PM
 #122

Bitcoin growth is a good news for us,due to its popularity it became more stabilize if it would implement a bitcoin bank.Our transactions would be fast and easier for us.If it became successful bitcoin spreadout worldwide .We became really secured and trust on it.
Agree everyone is now happy for the price of bitcoin because they have invested for profit and increasing profit is going to save future for them. Bitcoin transaction is now fast so fees is other thing I thing is so fair now because if we are getting that much fast transaction then the fees of bitcoin is not so high. I trust bitcoin I will invest bitcoin if it is true that then it’s time to make party and get involved in bitcoin.
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February 07, 2018, 07:22:17 AM
 #123

Bitcoin growth is a good news for us,due to its popularity it became more stabilize if it would implement a bitcoin bank.Our transactions would be fast and easier for us.If it became successful bitcoin spreadout worldwide .We became really secured and trust on it.
This is a huge step towards the development of it.  If the bitcoin bank is being established it can bring revolution in the world of cryptocurrency. We are witnessing many things nowadays that lead to the development of bitcoin like some of the renowned companies of time like eBay have accepted the bitcoin as their payment method, the increasing number of investors in this business and the amount and the policies made by some governments to make the bitcoin official, all of these lead to the development of bitcoin in one way or the other.
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February 07, 2018, 07:50:45 AM
 #124

You know...news...means usually something recent.
That is from Feb 15, 2017.

And unfortunately, it's not a bank, it's just an exchange.
https://www.rt.com/business/376977-austria-first-bitcoin-bank/

Quote
It is designed to make buying and selling bitcoin easier and safer than other in-person options.
The ATM machines exchange bitcoin for euro, and vice versa. Customers can also get information about the virtual currency.

But anyhow, depositing your bitcoin in a bank...what's the point of doing that?
You already have the best bank at your disposal, your wallet, so why move your coins to a 3rd party that might just run with them?






Your right, bank reserves as the third party on your property and somehow cannot be trusted when it comes to holding most especially bitcoin in which volatility is very high. I think bitcoin bank is useless since we have our wallet which we can bring everyday and monitor the price of bitcoin we have.

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February 07, 2018, 08:24:12 AM
 #125

The Good News! Bitcoin Is becoming the New Gold 2018!! Always be critical when Bitcoin prices reach High!! Investor should always be critical of whatever you're investing in. And aThere are also bitcoin futures market there is a successful trend of businesses accepting Bitcoin as a form of payment system. So Bitcoin investors no need to worry about that!!.
The best news which is resulting in lot of comfort for the ones who are holding or investing their money into bitcoin is that most of the governments of different countries is taking them very much seriously and are planning of declaring them as legal currencies. Moreover, the acceptance rate of different crypto currencies is also increasing very much considerably thus helping bitcoin to gain more fame.
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February 07, 2018, 08:38:57 AM
 #126

This can help boost the Bitcoin price in later days ahead but for the FUDs at the moment, it has little on no impact on bitcoin price value. Bitcoins as the pioneering Cryptocurrency has a monitoring effect on all other altcoins price value too. So, we are really anticipating every good thing that Bitcoin can bring  to put smiles on our faces.
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February 07, 2018, 08:57:38 AM
 #127

I cannot see any advantage of having a cryptocurrency bank. Why would i store my cryptos in a bank and pay them charges for keeping them when i can store in it my wallet with no hassle, no maitaining balance and dont have to think of any bank rules? Why would i give any institution a control over my money when my control alone is needed for it?

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February 07, 2018, 09:31:55 AM
 #128

Bitcoins can be used like fiat currencies for purchasing products or services online and also offline, many stores in America, Japan and Russia are accepting this bitcoins  and every day new user's are entering the bitcoin market, Russian Government has also legalized the use of bitcoins and other crypto currencies in the country and crypto trading they have legalized certain crypto exchanges which are positive signs for the wide acceptance of crypto currencies through out the world, which will helps to increase the price of bitcoins and other crypto currencies.

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February 07, 2018, 09:51:29 AM
 #129

This is an indication that banks owners are started to make a system that correlate this new technology created(cryptocurrency). This is just a way of preparing for the uphold growth trend of bitcoin and other cryptocurrency which enhance it's usefulness in all aspects. Considering these things, it may comfort the community to have a secured place for their deposits directly, instead of converting into fiat money.



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February 07, 2018, 10:37:38 AM
 #130

The Good News! Bitcoin Is becoming the New Gold 2018!! Always be critical when Bitcoin prices reach High!! Investor should always be critical of whatever you're investing in. And aThere are also bitcoin futures market there is a successful trend of businesses accepting Bitcoin as a form of payment system. So Bitcoin investors no need to worry about that!!.
The best news which is resulting in lot of comfort for the ones who are holding or investing their money into bitcoin is that most of the governments of different countries is taking them very much seriously and are planning of declaring them as legal currencies. Moreover, the acceptance rate of different crypto currencies is also increasing very much considerably thus helping bitcoin to gain more fame.

And now that even the foreign stock exchange is crashing and they say that seeing in switching to cryptocurrency is good move so better to stick to our coins because this is now the future and we're on it. Perhaps, these fuds are just pure manipulation so the government can easily regulate cryptos and whales can buy as many as they want.

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February 07, 2018, 12:33:59 PM
 #131

Recently, the world's first ever Bitcoin bank

http://kryptomoney.com/worlds-first-bitcoin-bank/

Bitcoin has been improving since it started its first trade and now this great news, bitcoin will soon be here to stay, what can you say about this great news?

Will it support the growth of bitcoin as far as stability is concern?

Will i can say that its great news! that bitcoin is still continues its services towards us even those happening now of dropping value of bitcoin in the exchange market.The cryptocurrency continue its investment trading towards the economy of every country and supporting the growth of bitcoin is the main purpose of all bitcoiners,especially in this stability concern,because if the market value of bitcoin  is going high,the profit will also be affected,and all of us will be benefited.
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February 07, 2018, 12:48:15 PM
 #132

Recently, the world's first ever Bitcoin bank

http://kryptomoney.com/worlds-first-bitcoin-bank/

Bitcoin has been improving since it started its first trade and now this great news, bitcoin will soon be here to stay, what can you say about this great news?

Will it support the growth of bitcoin as far as stability is concern?

That is an exchange. Having a bank regulated with Government rules will give safety to investors though.
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February 07, 2018, 01:09:48 PM
 #133

Cant see the difference of this "bank" from common crypto exchangers that exist in many cities all over the world already. It gotta be a good market move to call it "Bank", sounds so cool and important  Grin
 

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February 07, 2018, 01:11:21 PM
 #134

You know...news...means usually something recent.
That is from Feb 15, 2017.

And unfortunately, it's not a bank, it's just an exchange.
https://www.rt.com/business/376977-austria-first-bitcoin-bank/

Quote
It is designed to make buying and selling bitcoin easier and safer than other in-person options.
The ATM machines exchange bitcoin for euro, and vice versa. Customers can also get information about the virtual currency.

But anyhow, depositing your bitcoin in a bank...what's the point of doing that?
You already have the best bank at your disposal, your wallet, so why move your coins to a 3rd party that might just run with them?


You remind me of one of the quotes I've read. The quote that contains something interesting is happening, Facebook 'the worlds most popular media owner' : creates no content, uber ' the worlds largest taxi company ' : owns no vehicle, Airbnb ' the worlds largest accommodation provider' : owns no real estate, Alibaba 'worlds most valuable retailer : has no inventory and Bitcoin 'the worlds biggest bank with no actual cash. So if you have bitcoin, you already have your own bank with no monthly fees.
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February 07, 2018, 02:07:45 PM
 #135

Cant see the difference of this "bank" from common crypto exchangers that exist in many cities all over the world already. It gotta be a good market move to call it "Bank", sounds so cool and important  Grin
 
The banks are just important because the people are trusting it to store their money but in the reality, there is no sense to use a bank because they are just stealing the opportunity from us and that opportunity from us is the freedom for using the money and putting it into the things that we want and that is where the advantages of bitcoin come which you have freedom because of the decentralization.
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February 07, 2018, 02:11:45 PM
 #136

Cant see the difference of this "bank" from common crypto exchangers that exist in many cities all over the world already. It gotta be a good market move to call it "Bank", sounds so cool and important  Grin
 

I see your point.  I likewise think that there is no need for bitcoin to have a bank because we already have a wallet.  A wallet where we can have access anytime we want.  A wallet where we can transfer payments, pay our bills, and even paid some person.  We can invest directly if we want.  If we store our bitcoin in our wallet its price will likewise goes up.
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February 07, 2018, 02:37:48 PM
 #137

This will give us light to bitcoin bank first ever in the history I suppose to say exchange. If this is great news why people in bitcoin forums struggling in exchange for high fees. Rather banks you said but it is just an exchange. Sorry for your miss conception of news.
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February 07, 2018, 02:42:42 PM
 #138

All news is good news, really. The more people hear about it, the more they learn, and the better off we all (eventually) will be!
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February 07, 2018, 03:05:17 PM
 #139

Cant see the difference of this "bank" from common crypto exchangers that exist in many cities all over the world already. It gotta be a good market move to call it "Bank", sounds so cool and important  Grin
 

I see your point.  I likewise think that there is no need for bitcoin to have a bank because we already have a wallet.  A wallet where we can have access anytime we want.  A wallet where we can transfer payments, pay our bills, and even paid some person.  We can invest directly if we want.  If we store our bitcoin in our wallet its price will likewise goes up.

but also let us not set aside that not all things are can be paid thru banks or thru online banking , like if you go to a groceries even you have a huge amount of bitcoin on your wallet you cant used it because it is not adopted yet you need to transfer your funds to a bank before you can purchase anything from a small business or even a large one.
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February 08, 2018, 06:12:32 AM
 #140

The idea of a decentralized online currency was to say "No" to banks (more or less). So, I don't think it's "another good news". And by the looks of that link, I don't think it's a bank, it's like an exchange. Although it makes some sense since, I think the exchanges are like a bank in crypto world.
Good news about bitcoin is that it has been improving since it's started and bitcoin can help a lot of people from now on until in the next future.
Bitcoin has become great for a lot of people form very start till now because now people trust bitcoin they know it is having great potential to grow and it will keep growing. Price of bitcoin use to rise and fall but it is up to us that how we arrange it, in previous days bitcoin was not so expensive but now it is rising in price so will be great as a bitcoin user I am really happy to receive this good news about bitcoin.
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