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Author Topic: Will banks ever offer bitcoin deposits?  (Read 6336 times)
edsnowangel
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September 02, 2018, 01:18:46 PM
 #1721

I think it's not that  fast that banks will accept the use of bitcoin because banks neglect the use of bitcoin because of its features

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tintinbongs
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September 02, 2018, 01:30:53 PM
 #1722

I think so especially when it is already a cashless society, because fiat will be extinct by that time. 
iMark
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September 02, 2018, 01:36:50 PM
 #1723

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 bitcoin reach high price like 50000$ and market value equals or more than gold market, banks will offer us to deposit bitcoin.
I think the bank will not offer a deposit with bitcoin just because the price of bitcoin skyrocketed, but when bitcoin users are very large in the world and the demand for bitcoin is very high, maybe the bank will think about it. imagine if everyone uses bitcoin, it would be unfortunate if the bank does not working with bitcoin right?
colvis
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September 02, 2018, 01:51:49 PM
 #1724

For me a time will come when bank will have no other option than to accept bitcoin deposit in their bank.  There is a saying that state "if you can't bit them you join them.  So since they are not able to break it they will accept it as deposit.  Now it is already accepted in some 🏧 so it will soon move inside the bank
Maximus-1
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September 02, 2018, 02:06:57 PM
 #1725

I think that it is possible in several years, not now because it is difficult to change the standard traditional system. People need to adjust to this idea. Some are against crypto but they are few.
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September 02, 2018, 02:10:34 PM
 #1726

If I just could a hold a 5 mb of files at bank internet banking which can be accessed with my electronic signature. That's would be all I wanted!
hools1122
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September 02, 2018, 02:17:18 PM
 #1727

For now the bank has not dared to connect with bitcoin, let alone offer deposit. But if many governments are already convinced and accept bitcoin then the bank will definitely try to do and offer to its customers bitcoin deposits
ompoetra
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September 02, 2018, 02:40:51 PM
 #1728

Despite these conditions, Bitcoin is not designed to experience a decline in currency values. More precisely Bitcoin was made to experience inflation in the early years and stabilize in the following years. The only condition in which the amount of bitcoin in circulation will go down is if careless people lose their wallets because they don't make a backup. With a stable financial and economic basis, the value of the currency must remain stable. For bitcoin prices to stabilize, large-scale economies need to develop with more businesses and users. In order for large-scale economies to grow, businesses and users will seek price stability. Fortunately, uncertainty has no effect on the main benefits of Bitcoin as a payment system for transferring money from A to B. It is easy for business people to convert bitcoin payments into their currency instantly, so they benefit from Bitcoin without having to experience price fluctuations
112_blockchain
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September 04, 2018, 10:24:08 PM
 #1729

With the spread of cryptocurrency and its implementation in all spheres of life, banks will have to work in this area, because it is a need of society.

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September 04, 2018, 11:03:17 PM
 #1730

Bitcoin is precious. You can visit the different trading platforms so you will be able to grasp how the price of bitcoin and even alts were made. In trading the people decide the value how high or low they want to acquire a bitcoin, on the other hand people set a price to sell a bitcoin or buy.
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September 05, 2018, 09:54:29 PM
 #1731

I think in the field we need to enter with considerable resources, so as to develop from scratch will be much harder, so you need to select a monitor to consider all the pros and cons, then only go for the big step.

towi078
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September 05, 2018, 10:33:46 PM
 #1732

But in reality, until now, banks did not want to accept bitcoin for deposits. I don't know why. Maybe bitcoin is too risky for banks, or maybe there are other reasons?
kamilah147
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September 05, 2018, 11:02:55 PM
 #1733

If one day the usage and number of bitcoin transactions continue to increase and is used by the majority of everyone then it is very possible and reasonable if someday banks offer bitcoin deposits.

At this time bitcoin is always developing but in reality the bank has never approved bitcoin to circulate. because bitcoin is not a currency but a coin that can be exchanged into a currency. yes even if approved by the bank. hopefully the best thing can be done.

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September 06, 2018, 03:57:08 AM
 #1734

There is nothing as never in the world of financial institutions .. I do think it will get to that time some day but how soon is actually what we can't tell.

When Bitcoin gains world acceptance as means of transactions globally , there will be no problem with banks accepting it as deposit
bp.comp69
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September 06, 2018, 04:10:13 AM
 #1735

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.

it could be, because I think that by offering a bank deposit will benefit from Bitcoin, we know that all types of banks must have taken into account everything the financial plan even the Bank has never lost.
pareshnakar
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September 06, 2018, 04:12:16 AM
 #1736

maybe agree all country but situation is the depend on country government and its different rules so maybe it happen will next some time.

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Servalead7
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September 06, 2018, 04:16:32 AM
 #1737

There is nothing as never in the world of financial institutions .. I do think it will get to that time some day but how soon is actually what we can't tell.

When Bitcoin gains world acceptance as means of transactions globally , there will be no problem with banks accepting it as deposit
Probably bro until 2022 the all crypto currency will accepted in my speculation maybe is it true.

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September 06, 2018, 04:47:52 AM
 #1738

I hope that bitcoin will soon recover and if it is added on stock exchanges and banks will also offer bitcoin deposits bank fear accepting bitcoin because of instability of it's currency and in the near future bitcoin trading will be more rise if the value stable in the market.

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September 06, 2018, 05:00:13 AM
 #1739

maybe its possible to next but possible to countries government approved
delightme
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September 06, 2018, 08:47:58 AM
 #1740

There will be a period when bank will have no other alternative than to acknowledge bitcoin store in their bank For now the bank has not set out to associate with bitcoin, not to mention offer store. However, in the event that numerous administrations are now persuaded and acknowledge bitcoin then the bank will endeavor to do and offer to its clients bitcoin stores banks will begin offering deposits.
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