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funnynews
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July 12, 2018, 12:52:56 PM |
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Banks are always afraid of bitcoin due to it high volatility and it's ability not to be controlled by any third part in doing it transactions.Bank will never allow bitcoin transactions or deposits because they may stand to lose when price of bitcoin falls because bitcoin has no stable or fixed price.Banks seem to be hostile towards bitcoin since of course.It goes against what they are about.Some banks even prohibit debit transactions with crypto.
Nobody wants to sell any risk from investing in Bitcoin. But I seem banks in the future can create some programme to help profit from it. But for nowadays it is incredible thing. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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ubay
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July 12, 2018, 12:56:03 PM |
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Although it looks profitable, the bank still will not want to deal with any bitcoin reason. Banks belong to a country that always maintains the stability of money in their respective countries, it is very unlikely they want to invest in bitcoin.
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sneeze11
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July 12, 2018, 01:19:51 PM |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
I think it will never happen that banks offer bitcoin deposits. We all know that the big rival or enemy of bank is bitcoin so how can you say that it can offer a bitcoin deposit. |
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dadanpradana
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July 13, 2018, 03:54:43 AM |
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if only the Fiat to Bitcoin deposit might be the best nets but if Bitcoin to Altcoins other it is very dangerous, because every Bitcoin transactions would need a name verification ny.
private key and google Authy in the store centered on the Bank is very dangerous, how will it be hacked by the Bank?
(hopefully not to happen like that)
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Jerzzz
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July 13, 2018, 04:00:03 AM |
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It will be very great, It will be a very good decision to the banks if they decide to offer this bitcoin deposit. It will give a good opportunity in the banks. But for now, it is impossible because many countries are still deciding if they want to accept crypto currency in their country or they will banned it because it can cause a negative effect in their economy.
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marcbitcoins
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July 13, 2018, 04:04:16 AM |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
This is possible specially JP Morgan is now supporting Bitcoin but i think the banks should completely shift from fiat currency banking system to Bitcoin banking system because of Bitcoin is centralize while fiat is not. Anyway banks are used to digital transactions so they could easily adapt to the new system but for now they are just partner with the local exchanges in which we could only use their withdrawal facilities not the deposit services. |
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colmenajose
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July 13, 2018, 04:17:27 AM |
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I think it's very difficult for banks to offer deposits in bitcoin. But I do believe that banks use their customers' money to acquire Bitcoin as an investment mechanism and take advantage of its high performance
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bololord
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July 13, 2018, 04:19:34 AM |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Some bank officials in my country have already express support on the use of cryptocurrencies but there is still no plans to open a deposit for a cryptocurrency. A law might still be needed to enact first before government gives approval to any bank that wanted to allow a bitcoin deposit. |
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Williamnak
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July 13, 2018, 04:19:40 AM |
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Every business needs to adapt changes and challenges.I think bank will offer to deposit the bitcoin when the price of bitcoin will be stable. Then they feel secured to deposit bitcoin. Otherwise there is chance of loss of deposited amount. Another think bank will confirm first and that is their benifit.
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Ethannecessary1760
Jr. Member
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July 13, 2018, 04:20:40 AM |
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Nope, that's not gonna be happen. Its not a prediction It's Simple fact imagine why would banks need Bitcoin when they can have money from everyone without spending anything just need their time and effort.The generation is changing, they must accept and adapt bitcoin in order to help their customers, and in order to build trust towards bitcoin for future users that hesitates joining the bitcoin community
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james_Oscar1
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July 13, 2018, 04:21:41 AM |
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I think this is impossible, because the importance of banks in this is completely absent! Moreover, I don't know which will override the other if these bodies are to come together and work as one piece. Bitcoin is decentralized while the banks are centralized.
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avoxosuccesful
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July 13, 2018, 06:12:45 AM |
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Bitcoin will be more negative impact for bank by store their cash with bank to contribute on bitcoin, numerous speculator store their cash by bank to purchase and contribute on bitcoin will be less cash save money on bank book, numerous individual from bank more like to spare their cash by contribute on bitcoin than we have save money on bank. Since sparing cash on bank a similar sum first we spare until a couple of years, however will be more increment we keep and contribute cash by bitcoin venture in light of the fact that bitcoin cost will grow up step by step and more most noteworthy when we keep until one years more. however, I don't think brokers are will permit that. Bitcoin represents an immediate danger to the specific presence of Bitcoins. Investors will restrict Bitcoin and other digital forms of money, for example, Ethereum for a long time to come.
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ParveZ219
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July 13, 2018, 06:25:06 AM |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Yes ofcourse bank will offer after it is being unbanned or legal in your country...The problem is that bitcoin is not too much stable and its too much volatile...And the main thing bitcoin is transacted mainly for trading and some illegal purposes...This is the fear or reason behind the banks or Government for not allowing bitcoin or making it legal. |
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ridho002
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July 13, 2018, 06:29:20 AM |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Some bank officials in my country have already express support on the use of cryptocurrencies but there is still no plans to open a deposit for a cryptocurrency. A law might still be needed to enact first before government gives approval to any bank that wanted to allow a bitcoin deposit. If the banks in your country are very supportive with the existence of Bitcoin it will be very good than in some countries that don't support Bitcoin. I'm very waiting for that to happen in my country. |
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skibikipapa69
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July 13, 2018, 06:31:59 AM |
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As far as I know many banks have started to accept bitcoin already. For example I heard there are a lot of banks that has started to accept bitcoin in the Philippines. With bitcoin becoming more and more popular and mainstream, sooner or later banks will have no choice but to accept and adapt to these changes in order to stay relevant.
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ay0d1
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July 13, 2018, 06:38:09 AM |
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As time progresses Banks in many countries will start to accept bitcion and possibly be another medium of mini or alternative crytoExchanges. Some of the banks will soon start to issue their own coins or token to raise funds from public all these is just a matter of time.
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agentdavid007
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July 13, 2018, 06:57:18 AM |
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What cryptocurrencies want is ending with the banking system, so i don't think banks will ever accept cryptocurrency deposits
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Ryanpaul80
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July 13, 2018, 07:14:57 AM |
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There is zero possibility that the banks will ever let the bitcoin deposits nor offer bitcoin deposits. First, the banks and government didn’t like the idea of bitcoin.
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taeewo
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July 13, 2018, 07:21:09 AM |
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Yes this can happen and its achievable with the support of the central bank and the government of each countries and if this will happen they must be regulations...
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Hulh
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July 13, 2018, 07:31:23 AM |
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Maybe one day banks will realize the big potential and profit that the Bitcoin and cryptocurrency offers. Banks can provide services for converting crypto currency, while having their interest from each such operation.
Probably all the banks now specially commercial banks are working right now to cater the cryptocurrency. Bitcoin is very known now ,even they haven't acknowledge in public they already planning to have a bitcoin deposits and withdrawals in due time . |
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