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Author Topic: Will banks ever offer bitcoin deposits?  (Read 6336 times)
cloudbleron18
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August 01, 2018, 12:30:28 PM
 #1381

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.
Maybe time will come that all banks will  be officialy depositting all bitcoins if it is going go be legal.because for me all things happens in our world are all business and all of us wants an income in our life,especially when it comes to money talk!

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mwpakpak
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August 01, 2018, 12:56:46 PM
 #1382

If crypto is able to prove itself and more countries are not having strong rules and regulations on them i believe bank accepting them and leverage on them is a very possible.
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August 01, 2018, 01:23:44 PM
 #1383

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.
Maybe time will come that all banks will  be officialy depositting all bitcoins if it is going go be legal.because for me all things happens in our world are all business and all of us wants an income in our life,especially when it comes to money talk!

This will not come in the near future because you can see for yourself that Bitcoin is very unstable and this will produce great calamity.
- The distant future is also a similar thing, the bank will not provide bitcoin-related services to any user, bitcoin is a very special technology, it limits a lot of management, want to create a perfect service and store it is a very difficult thing. In addition, it is still a symbol that makes the government very disliking, Bitcoin is always outlaws, the government wants to capture or want to stop is still impossible, if they let it survive in places as deep as banks, that would be a danger in the long term, they will not carry this bomb, they will ban banks create services with Bitcoin


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oni4an
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August 01, 2018, 01:42:56 PM
 #1384

Believe me, banks have long developed not one strategy for the use of not only Bitcoin, but also other currencies, as well as the development of their own. Bankers are not miss and if they think it is profitable, we will soon learn about it.
tyronecoinbit
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August 01, 2018, 02:25:09 PM
 #1385

If crypto is able to prove itself and more countries are not having strong rules and regulations on them i believe bank accepting them and leverage on them is a very possible.

It is not possible for Government not to set regulations about cryptocurrency in their countries. Thus, I don't see any possibilities for the banks to offer bitcoin deposits. The Government will not allow that to happen.
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August 01, 2018, 02:25:39 PM
 #1386

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.
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August 01, 2018, 02:29:23 PM
 #1387

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.
If the service is available then certainly will be a lot of enthusiasts who will join. As we know that cryptocurrency always presents an advantage and also an advantage compared to other financial transaction media. It is worth thinking that cryptocurrencies have made us easier to do things.
adnandanish102
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August 01, 2018, 02:42:59 PM
 #1388

The value of cryptocurrency involves fluctuations and banks neither want to adopt unstablized currency as,banks save people's money and after a specific time,the people demand about their original money excluding of banks taxes' small amount.But if people started demanding their money in fluctuating days,then the banks could become bankrupt.That's why,no chances of bitcoin to be deposited or transacted by banks.
trangoccho
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August 01, 2018, 02:45:12 PM
 #1389

If ever Bitcoin will be Alternative Currency in the near future everybody specially businesses must adopt it wisely. Particularly Banks, as a banker or a business person you must be on trend and capable to keep pace on the trends. Banks may be have plans on how they can survive if people will choose to invest on bitcoin than their own bank.
wolfdragon
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August 01, 2018, 02:56:28 PM
 #1390

As per me it is definitely not gonna happen in the near future that Banks will start depositing bitcoin Or any other crypto.

It will not happen in the near future but it might happen maybe more years from now because everything is possible in the future and we cannot really tell what exactly will happen that time.
bob_rushford
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August 01, 2018, 02:59:46 PM
 #1391

This question is contrary.
Let me explain:
The sole purpose of bitcoin is to promote decentralisation.
So why should one look for Banks to have bitcoin deposits.
I hope you get my point.
Sunny.kmr
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August 01, 2018, 03:30:36 PM
 #1392

Yes! it might be possible because technology is changing and bitcoin is also technology revolution. This may also make revolution in banking sector too.
Tiger red
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August 01, 2018, 04:13:11 PM
 #1393

I think yes, but not too soon. Some of the banks are not that confident when it comes to blockchain topic. Hackers are out there and banks are not ready to face that kind of security breach as of the moment they have to study the technology for them to accept the and allow their corporations to offer bitcoin deposits.
Sergey698698
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August 01, 2018, 04:20:33 PM
 #1394

Even if bank offer bitcoin deposits, people won't even deposit their bitcoin in banks because they will be afraid of banks giving them stories.  Bitcoin is actually safer in our Wallet.
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August 01, 2018, 04:43:45 PM
 #1395

Actually, it's been happening in some countries, but has not been generally accepted, but in more years time, I think it could have reached like 80% all over the country... Through bitcoin deposit it will be of a great advantage... To those bank
DewiKirana
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August 01, 2018, 05:11:01 PM
 #1396

If a conventional bank can make the right rules for customers and the bank, I think the bank can start the step of offering deposits for bitcoin holders. But now bitcoin prices are still fluctuating, so I think banks are still hesitant to apply the step of offering bitcoin deposits.
centurionlaw
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August 01, 2018, 05:55:40 PM
 #1397

If banks will offer this kind of bitcoin deposit services than banks can make huge profits also peoples who don't want to take risk in trading and wanna secure their capital then they will invest in Bitcoin F.D. schemes and can take particular return on their investment. definitely all countries Governments should think about bitcoin regulation and use it in banking system.
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August 01, 2018, 06:21:23 PM
 #1398

It could happen. as long as their own government accept the fact that bitcoin is just a digital coin. otherwise bitcoin was used for transaction already around the world and even the investors was using it in their own purposes. but for me what would the banks will do if the price market value of bitcoin become worst again just like what is happening now. what would be the solution from it, in fact they should always be ready for that happenings, but i think if the bitcoin comeback to its own price and get even more higher it would be a big surprise and i think  the banks who has bitcoin deposits will be famous and a lot of people will register or invest rather to them.
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August 01, 2018, 06:24:54 PM
 #1399

I believe it would happen in future. Bank suppose go provide financial support for people. If cryptocurrency do become our financial instrument i believe bank will provide this kind of services. It would be like a custody that similar to what coinbase are doing. So i  do think anything could happen and i absolutely think bank would do it if crypto market get bigger.

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August 01, 2018, 06:31:37 PM
 #1400

I'm convinced banks will offer Bitcoin connected services and in not so distant future. Their first interest is money and how to make as much profit as possible. If Bitcoin will help them with that they will embrace it.
At this stage they are still testing such possibilities and lack of regulation is one of the obstacles but I'm sure this will change for better soon.

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