Bitcoin Forum
May 01, 2024, 09:05:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 »
  Print  
Author Topic: Will banks ever offer bitcoin deposits?  (Read 6336 times)
heavenknows
Newbie
*
Offline Offline

Activity: 192
Merit: 0


View Profile WWW
July 15, 2018, 01:38:09 AM
 #1061

I believe there is a slight chance for bitcoin/crypto to be accepted in banks. Just look at how the market responds today. After the regulations, there will be more bitcoin transactions
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714554358
Hero Member
*
Offline Offline

Posts: 1714554358

View Profile Personal Message (Offline)

Ignore
1714554358
Reply with quote  #2

1714554358
Report to moderator
1714554358
Hero Member
*
Offline Offline

Posts: 1714554358

View Profile Personal Message (Offline)

Ignore
1714554358
Reply with quote  #2

1714554358
Report to moderator
Jacob Amarall
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
July 15, 2018, 03:45:40 PM
 #1062

The bank's operating objectives are profitability. The price of bitcoin up and down is very unstable. The bank will not provide services for money without profit, and it can even bring risks and losses. I think the bank will not accept nitcoin deposits until the price of the bitcoin is stable at some level (this is very unlikely and if so, the time is very long).
Vanhoang2000
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
July 15, 2018, 03:49:26 PM
 #1063

The issue of bitcoin and banking is a very new and hot issue as it is a bitcoin to get all governments and all banks to accept bitcoins as a challenge and as a reform of the bank. will answer that question
KesoNie
Copper Member
Sr. Member
****
Offline Offline

Activity: 672
Merit: 270


View Profile
July 15, 2018, 03:52:42 PM
 #1064

Every business find to new way to earn more and more profit. Bitcoin and bank is competitor of each other. It possible but not like near future. We know on how the banks are doing well in making money.
For now if ever banks will offer bitcoin deposit I don't think so. Cryptocurrency are in the process of acceptance of the society but since we have this saying "business is business" this could not be a far thing to happen. And I bet that in the following years this might be operating but as of now it is hard to predict.
hubballi
Sr. Member
****
Offline Offline

Activity: 882
Merit: 297


View Profile
July 15, 2018, 03:56:48 PM
 #1065

Bitcoin is mainly considered as investment and not as currency so I think bank starting bitcoin deposit is not possible. Even due to high price fluctuations bitcoin cannot be considered for deposit

Wiwendefak
Full Member
***
Offline Offline

Activity: 350
Merit: 103



View Profile
July 15, 2018, 04:00:15 PM
 #1066

I surmise that it is conceivable in quite a while, not presently on the grounds that it is hard to change the standard conventional framework. Individuals need to acclimate to this thought. Some are against crypto yet they are few. The vast majority see the colossal potential in Bitcoin
chikalapad
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
July 15, 2018, 04:01:08 PM
 #1067

Every one know's how bitcoin works specially people who use bitcoin and i guess bank manager and owner of the bank know's all about bitcoin and how it works inside of internet and computer everyone can make easy money the way you know how to play bitcoin Smiley
Cowming88
Newbie
*
Offline Offline

Activity: 89
Merit: 0


View Profile
July 15, 2018, 04:06:34 PM
 #1068

Well, i can't answer this because in our country i can't encounter it yet, but there are banks whereas you can withdraw your bitcoin using atm machines by sending the amount to the atm card, and the good things is that other have no fees when transfering the amount.
VK.point
Jr. Member
*
Offline Offline

Activity: 294
Merit: 1

(https://exip.live/)


View Profile
July 15, 2018, 04:07:51 PM
 #1069

it seems unlikely and currently impossible banks offer bitcoin deposits. it is unlikely that this happens, before the official bitcoin is received in many countries. but if that happens, I think that's good news.

EXIP (https://www.exip.live/) A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT
privedvelosiped
Full Member
***
Offline Offline

Activity: 434
Merit: 108


View Profile
July 15, 2018, 04:17:11 PM
 #1070

This would be good news if banks were giving out money as pawn shops against bitcoin. I think it would help many people to overcome difficulties. To a small amount, the security of bitcoin
pacho08
Jr. Member
*
Offline Offline

Activity: 280
Merit: 1


View Profile
July 15, 2018, 04:26:43 PM
 #1071

I believe that it was inevitable. We are offering instant account opening for Private and Business clients from 180 countries. The problem some of our clients face is to make deposits if we don't maintain a local account in their country.
heinz
Member
**
Offline Offline

Activity: 172
Merit: 10


View Profile
July 15, 2018, 05:01:50 PM
 #1072

I really doubt that we are going to see it ever happening, this kind of stuff does not look good for banks, neither for the governments of each country. So for me, this is more than unreliable and i think that it will never come to the reality.
dificanovi
Full Member
***
Offline Offline

Activity: 812
Merit: 105



View Profile
July 15, 2018, 05:05:24 PM
 #1073

I have never been offered for deposits on bitcoin by banks because in my country still have not received bitcoin as a legal means of payment. I think banks are afraid of receiving deposits with bitcoin due to unstable bitcoin prices.

Rodeo02
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 577


avatar and signature space for rent !!!


View Profile
July 15, 2018, 05:07:25 PM
 #1074

I have never been offered for deposits on bitcoin by banks because in my country still have not received bitcoin as a legal means of payment. I think banks are afraid of receiving deposits with bitcoin due to unstable bitcoin prices.
you have point as what we may ever have to look also here well you are right by that we cant be able to say that there is some other way on this to be have some deposits on it for banks cause the price are unstable this is such to be some factor that bitcoin are ever have to face on.
Crypto one
Jr. Member
*
Offline Offline

Activity: 221
Merit: 5


View Profile
July 15, 2018, 05:17:52 PM
 #1075

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 see no reason for banks not to accept bitcoins deposit. But to see them paying a yearly interest are not something I see coming in the next few years.
Right now there's still so much volatility in bitcoins and even the blockchain security can be something banks will see too many warnings signs in.
I think it's only a matter of time before we will see banks starting taking bitcoins as a security for real fiat lending.
gbsray
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
July 15, 2018, 07:51:23 PM
 #1076

As i earlier said it depends on the country and government regulations of your country. I think in my country - it will not happen
abokhalel2
Member
**
Offline Offline

Activity: 233
Merit: 10


View Profile
July 15, 2018, 07:56:03 PM
 #1077

It is more than impossible, i think that we are never going to see it happening, at least, not for the next few years until the situation with the regulations gets cleared, but i doubt that it will be anytime soon, not in the next years
Compiler
Member
**
Offline Offline

Activity: 434
Merit: 86

Community Manager


View Profile WWW
July 15, 2018, 07:58:26 PM
 #1078

If they are interested, they will do so, it depends on many factors. It also depends if there where they ask for this allowed. I hope yes.

iamike
Jr. Member
*
Offline Offline

Activity: 314
Merit: 1


View Profile
July 15, 2018, 08:03:12 PM
 #1079

I believe strongly that a time will come where most banks will accept bitcoin deposit. Everything shows that this is possible. I know some financial institutions that deal in cryptocurrency investment. The only thing left for this to materialize is the government approval.
delphic
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
July 15, 2018, 08:37:24 PM
 #1080

 The Swiss bank announced at the end of last year that it plans to open a special laboratory to analyze the use of block chains in its activities. The bank will hire researchers who will work on the use of crypto currency in the financial sector.
 BNP Paribas - the most famous French bank plans to use bitcoin as part of its own currency fund. They have already conducted various tests of this crypto currency. Also, experts study the possibilities of block chain technology and various options for the development of Bitcoin.
 Standard Chartered - one of the largest banks in the world also showed interest in using crypto-currencies and block chains. Such innovations, according to the representatives of the institution, will ensure the transparency and economy of various monetary transactions.
 The future is not far off. I think soon cryptorrevolution will reach all other banks.

imusify    Award-Winning Blockchain Music Platform    Presale starts March 1
Discord Product Demo O3 Wallet  ::  Get Whitelisted 
Whitepaper    ANNFacebookTwitterTelegramRedditMediumGitHubYouTubeLinkedIN    Explainer Video
Pages: « 1 ... 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!