Abdullah.dhariwal
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May 30, 2018, 01:16:32 AM |
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Yes of course. Banks knows the market trend is changing very fastly. If they won't adopt bitcoin than they left behind in this game
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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nesty
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May 30, 2018, 03:02:41 AM |
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That is possible because banks need to enhance their business for sure in the near future they will offer bitcoin deposits. As bank do invest as well in bitcoin for better profit. It would add up to their income if they will offer bitcoin deposits but it would be riskier. For me it would be better for each individual to manage their own bitcoin rather than entrust their investments to bank just saying.
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Arata
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May 30, 2018, 03:38:50 AM |
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Then whether later if the bank offers bitcoin deposits as investment, if something bad happens the risk will be borne by the bank? I do not think banks will offer anything like that because it is too risky for the bank. But if it happens then as a bitcoin user I feel it should support it.
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thenameisjay
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May 30, 2018, 06:26:31 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.
It can also be not profitable and full of losses for banks as well because of how volatile bitcoin pricing are. That's why they might not accept bitcoins. They're practically at cut throat precision when they're investing with bitcoins so it's probably a good idea to stay away from it. |
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MudahDanHemat
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May 30, 2018, 07:00:53 AM |
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If later bitcoin already has a better system and the risk becomes minimal then it should be the bank to improvise by receiving bitcoin investment. Thus means bitcoin is acceptable and useful for all parties
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maxreish
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May 30, 2018, 07:50:36 AM |
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It would not do any bank opening account for bitcoin holder, because how would they do it if talking is the interest rate of your bitcoin deposited in the bank, especially the prices of bitcoin always up and down every minute/seconds, so how to compute the interest rate if ever banks will open an account fo bitcoin holder.
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Dorcolac
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May 30, 2018, 07:59:01 AM |
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They will. They have to because more and more people are getting involved in crypto. Now how that will happen, what method they will use and how they will implement that, that is the real question.
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buahkudu
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May 30, 2018, 08:06:18 AM |
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Will banks ever offer bitcoin deposits?
for the time being we can not yet confirm whether the bank ever made an offer on bitcoin deposits. but from various information obtained tiak longer longer possibility of the banks will offer bitcoin deposits.
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maxman190
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May 30, 2018, 08:12:21 AM |
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One of the founders of the project Talon Media Group, Jon Southurst, says: "As far as I know, they are the first in Japan ... I do not know how they are going to pay interest in bitcoins ... The question is, how can there be extra bitcoins - this should be either speculative trading, or mining - in another way to invest bitcoins is not possible. Any hedge fund? "
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blocklancer8
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May 30, 2018, 08:20:30 AM |
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As far as i know in our country has not heard such news if this is so very very fun for bitcoin users. But whether this is going to happen, it needs a long and complicated thought because bitcoin prices are very fast changing and of course the official bank does not want to lose.
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iellai
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May 30, 2018, 08:21:44 AM |
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Only time can tell. But as we see it right now, bitcoin has been popular nowadays. And we are entering the era of advance technology and we can all see that bitcoin will have a place in this in the years to come.
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DimensionsOfHell
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May 30, 2018, 08:22:09 AM |
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One of the founders of the project Talon Media Group, Jon Southurst, says: "As far as I know, they are the first in Japan ... I do not know how they are going to pay interest in bitcoins ... The question is, how can there be extra bitcoins - this should be either speculative trading, or mining - in another way to invest bitcoins is not possible. Any hedge fund? "
Jon is not alone in his doubts about the mechanisms for making profits from deposits in bitcoins. One of the creators of Bitcoin's predecessor, Bitgold's crypto currency, Mike Lorrie (MikeLorrey) agrees with Southworth's opinion and believes "it is extremely risky to offer interest on deposits in bitcoins." |
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zoeylee
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Semi-Decentralized Exchange
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May 30, 2018, 08:29:07 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.
Maybe someday, not for today but for the coming future. Lets just think of the possibilities that they will adapt bitcoin's volatility market. Even technologies evolve then it will happen that banks will offer bitcoin deposits for the future. |
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Koalamite
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May 30, 2018, 08:31:42 AM |
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Time will come they should accept bitcoin deposit because many country and people now is using bitcoin and know about crypto world and also they need to accept fact that crypto now a days are going so far
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ipinkang
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May 30, 2018, 08:37:47 AM |
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Actually we dont know what happen on future, that posibly happen with many various condition but i'm sure with more update cryptocurrency software on future to fix scalabilty issue,mining fee,transfer speed,security and etc, Bank will accept bitcoin to be one of the assets there can offering to all people.
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Periodik
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May 30, 2018, 08:39:20 AM |
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This is not totally frivolous or impossible to happen, even if the banks, or most of them, are definitely against the rise of Bitcoin and the whole of cryptocurrency. We do not really know that some other open-minded bank owners are already contemplating on opening up Bitcoin deposits in their system. It's just that they cannot easily do that since they are following strict measures and that they might be branded as a ragtag member.
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mrben77
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May 30, 2018, 08:57:50 AM |
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Usually interest rates indicate that the person proposing interest works in the system of fractional reserves, since in order to earn interest exceeding the value of the asset itself, it needs to invest the assets entrusted to it. Bitcoin was invented specifically to provide people with a reliable alternative to the official fractional reserve system, which ensures the anonymity and mobility of electronic transactions. Thus, the introduction of interest accounts on savings in bitcoins is a kind of poison for Bitcoin's economy
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4cecil4_4
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May 30, 2018, 09:11:33 AM |
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Some banks have began to embrace crypto currencies and i think change is inevitable, the rest will follow the bitcoin way soon too.
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eekkaa
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May 30, 2018, 09:16:57 AM |
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it seems that there are only a few banks that accept bitcoin purchases and help with bitcoin purchases but in this country not all banks are willing and willing to provide such facilities.
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egberthill
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May 30, 2018, 10:35:32 AM |
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The banks will not offer deposits using bitcoins. Because the bank wants to earn more profits. the bitcoin value is very volatile whose price is surging due to demand and supply.
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