bank on australian allow customers to purchase cryptocurrencies

[OninLoki]

Article Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/

Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account Kudos. This will be a good news on our part Bitcoin will became stable and I assume some country will be patient Japan and Australia. So to all panic user just calm and feel the bubble again of bitcoin.

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[Typogre12]

Well that's good news. I heard Canada is opening a Cryptocurrency storage this may sound weird but its also a good thing for the whole crypto community. Soon, well see more banks opening their doors to us inviting more investors to crypto.

[amrulshare]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

[dothebeats]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

Influential or not, still a news that would possibly be a moving force in the market since it's still positive no matter how you look at it. Good for our Aussie mates since here in our country (Philippines), once they found out that your funds came from a service that deals with crypto, they'd block your account without any warnings just like what happened to our supplier of video cards here. The bank (BDO) noticed that the person cashes in millions every month and the funds came from an exchange. In return, the bank suspended the account due to it receiving funds from "unknown sources" that could come from "illicit activities and fraud". Such a shame though, but I guess that's what would happen if a certain entity isn't doing their own research.

[carlisle1]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

whete is bubble?when did you get that idea?if theres a correction to be made well thats fine but saying bubble is bitcoin all i could say is have some proof.deal with this issue here in forum not just saying some stories whos no ones believing

[Polipog]

If these news are all true, well it is good for us and to all bitcoin enthusiasts. Many such different speculation about bitcoin operation on how it can be more life expand to pass under the road of obstacles and hindrances, many words stated that bitcoin life is near to end. But in this beautiful news today about banks accept business transaction on bitcoin, so, it is the big sign that bitcoin would having a long life journey, and it is very good to all bitcoin enthusiasts.

[bitbunnny]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

Maybe Australia isn't that influental but China is not the only important county for Bitcoin also and the influence of China is exaggerated.
I think it's not impossibe that some other countries also follow the example of Australia, this could be something that could encourage them to make some similar moves. Anyway, it's a good news.

[Hydrogen]

Hopefully as time passes we'll see bitcon and crypto diversify further away from china and south korea towards greener pastures. Australia is a good prospect for this as are japan and russia. It wouldn't be surprising if iceland, hungary and states which have policies against central banks embrace crypto in the future. Independence movements in catalan, brexit and elsewhere could also embrace crypto as they are cracked down upon by global banking cartels and the "establishment".

With many banks and financial brokers refusing to sell crypto to customers, the crypto market becomes more lucrative in terms of competition diminishing. The potential profits and opportunity present could guarantee someone in the world will sell crypto no matter how much the practice is shunned by central banks.

[derigop]

That was good idea of the bank in the australia. All the australian that are using cryptocurrency will having an easy way to purchase item without going outside their house, the hassle will be lessen because it will be online purchase.

[Baofeng]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

Well Australia news might not bring huge impact but still we should considering this as a very welcoming. Although there's no surprise here because they have already embrace bitcoin and crypto, this is a strong message to those nations who are banning cryptos. We should really forgot China news though, I'm not expecting any positive news that will come from them, if anything we should expect is FUD and skepticism because they really hate bitcoin and crypto that they decided to ban ICO and close their local exchanges.

[VitKoyn]

Article Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/

Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account Kudos. This will be a good news on our part Bitcoin will became stable and I assume some country will be patient Japan and Australia. So to all panic user just calm and feel the bubble again of bitcoin.

While some of the banks in different countries prohibit their customers/clients to purchase cryptocurrency using their service or credit cards, it is great news that this australian bank will allow it. I hope other banks will also consider this including the bank that is mostly used here in my country (and also what I use). But hey, even this is a good news it will not make Bitcoin price stable (I doubt that it will happen) because people that use/buy Bitcoin and see it as an investment, not a currency that is being used for payment.

[krauzzer02]

Well that's good news. I heard Canada is opening a Cryptocurrency storage this may sound weird but its also a good thing for the whole crypto community. Soon, well see more banks opening their doors to us inviting more investors to crypto.

Looks like a big cold storage vault like a regular money have? but it contains digital currencies, that's cool though I heard Xapo has also a vault for crypto, they called it Xapo swiss vault here's the article https://qz.com/1103310/photos-the-secret-swiss-mountain-bunker-where-millionaires-stash-their-bitcoins/

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

whether it is influential or not, what it matters is that there's still news and articles like this which is beneficial for the coin itself, little help counts. China makes a legit news to make bitcoin bubble? we know the incidents that drive the community crazy this past year but what is the response of the price? it's the opposite.

[trumper]

This is good news but I don't think this will be common because cryptocurrency investment is extremely risky so the best thing for banks is avoid giving such services now.

[ghost424]

Banks needs to be knowledgeable about the Crypto Industry because users of the Crypto Industry use banks to get their electronic money into Fiat money. Banks play a huge role in the cryptocurrency industry and they havent know it yet. Maybe the Australian authority is knowledgeable about the use of this electronic money and allows others to fully utilize the knowledge they have and control this system. They might be using it in a good way to improve their country and prevent others from abusing it.

[darkangel11]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

I always hear people repeating this mantra about the Chinese New Year, but last time I checked exchanges were still banned in China. How can the Chinese influence the price of BTC when all miners are moving out to other countries due to the upcoming power consumption limit and traders have already moved to Japan and Hong Kong?

This is good news but I don't think this will be common because cryptocurrency investment is extremely risky so the best thing for banks is avoid giving such services now.

The banks in Australia used to be against Btc, blocking transactions from exchanges and yet we have a bank that decided to change its mind despite the volatility. It mutt not be too risky in their view

[yoseph]

news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble

Maybe Australia isn't that influental but China is not the only important county for Bitcoin also and the influence of China is exaggerated.
I think it's not impossibe that some other countries also follow the example of Australia, this could be something that could encourage them to make some similar moves. Anyway, it's a good news.

With most of the crypto currency miners living in China, I really don’t think that their influence is exaggerated but I know that it’s hood that they are out of the picture. Because the Chinese government indecisiveness was really a problem.

[BeEvil]

And I am very happy with such news, was influential or not. They say that in some countries the decisions are made by adequate people, and they don't try to slow down the progress.

[WUUEX79]

This good news, is expected to support the development of bitcoin prices towards the better as expected by everyone here.

[West0813]

It is good for the australians. Here in our country bank don't allow us to purchase cryptocurrencie. I hope in the future many banks will do what is done in australia.

[vicvicto17]

Wow that's great news! Other countries will follow what Australia has done. I think Cryptocurrencies is very bullish in the next few months and years. Early adopters will be rich as hell. Countries who adopt early will be the next big thing.