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Author Topic: Will banks ever offer bitcoin deposits?  (Read 6336 times)
MostafaGamal
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June 09, 2018, 03:43:06 PM
 #521

I think this is difficult at the moment, because some still did not recognize the important about Bitcoin and blockchain , but we can see this within two years,
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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lance04
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June 10, 2018, 07:04:33 AM
 #522

I don’t think so, because the number one threat of the commercial banks here in the whole world are the cryptocurrencies.
The bitcoins continuous success in the industry gives the bank a threat that they can be replaced any time because of that.
Ethan Argu
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June 11, 2018, 05:07:15 AM
 #523

I think it will not happen because it has different current if they happen? It will be manipulated and easy to control by bank . So its good to put in wallet and wait until the prices will rise and sell it in a reasonable price.

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June 11, 2018, 05:33:39 AM
 #524

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.

They will most like offer it at some stage - in a desperate attempt to survive, but personally I won't trust them with my Bitcoin.

That's the thing I agree because Bitcoin will make huge losses to banks around the world that have no tax costs.
mix max
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June 11, 2018, 05:51:28 AM
 #525

There are currently some banks that adopt blockchain technology and it is not impossible if one day the bank offers a bitcoin investment. If that happens, then there will be an advantage on both sides and it will be great for bitcoin growth and crypto currency for the future.
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June 11, 2018, 06:12:41 AM
 #526

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.



Banks view bitcoin and altcoins as industry disruptors, a potential market anchor, or both. Some in the banking industry have openly stated their dismissal of the digital currencies.

link : https://www.banks.com/articles/cryptocurrency/banks-that-accept-bitcoin/
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June 11, 2018, 06:13:51 AM
 #527

The bank will not deposit the bitcoin. Because the bank wants to earn more profits. If the bank deposits a bitcoin, then its profit will be reduced. There are many discrepancies between bitcoin and the bank.

I think it could happen, bank accepting bitcoin deposits. Banks is old financial institutional and have already many experience on financial and monetary system, i am believe banks will adapting on technology. I think in near future, banks will accepting bitcoin deposits

tunapa
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June 11, 2018, 06:39:22 AM
 #528

I hope this can happen when regulation comes, manipulation stops or reduces and security is enhanced. With all this, I believe banks will take a look at accepting bitcoin deposits and join the revolution.
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June 11, 2018, 06:47:54 AM
 #529

At present, banks and governments are against bitcoin, so they wouldn't allow bitcoin deposit in near future. As bitcoin is getting popular with each passing days, so we can't tell what would happen in two or three years time.

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June 11, 2018, 06:59:04 AM
 #530

I think it is very difficult for banks to offer bitcoin deposits because banks are very afraid of buying bitcoin. They will have more risk for banks if they send bitcoin because bitcoin is unstable and has many risks opportunity edge
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June 11, 2018, 07:32:50 AM
 #531

it seems the bank will never want to help to offer a bitcoin deposit, but maybe in the future the bank will try to cooperate with cryptocurrency blockchain and bitcoin may be an offer of assistance to facilitate the user when the deposit and withdrawal.
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June 11, 2018, 07:35:18 AM
 #532

In the time goes by many banks will trully accepted bitcoin as a paymenth method of investing,but im proud to say that here in my country our national banks was looking to use it and also many branches here was already accepted it for payment method.

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Caladonian
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June 11, 2018, 08:07:21 AM
 #533

At present, banks and governments are against bitcoin, so they wouldn't allow bitcoin deposit in near future. As bitcoin is getting popular with each passing days, so we can't tell what would happen in two or three years time.
Well if there's a good potentials that it can bring a decent profits then banks will deal with it, here in my place we do have third party exchange where we can deposit our earnings from bitcoin and exchange it to this said third party and we can choose a bank deposit to make it fully secured withdrawing our hard earned money, but still not bitcoin to bank deal.
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June 11, 2018, 08:14:09 AM
 #534

Bitcoin itself is a competitor to the bans. the banks consider it a threat and there are chances that it might drive banks out of the market if only  countries grant it legitimacy Its therefore difficult to see the banks offering Bitcoin deposits anytime soon, We cannot however push out the idea, may be they will some day out of neccessity

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June 11, 2018, 08:20:11 AM
 #535

We are all hoping the bitcoin will surmount the present pressure on it and enjoyed more adoption by the world economics. If this happened then then the banks have no other choice than to adopt blockchain because they will need to continue in business. That will be when bitcoin can be accepted in  the banks.
chriskins
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June 11, 2018, 08:21:17 AM
 #536

I believe in the future banks will, because as bitcoin gains more ground, popularity, and the value increases. Banks and government officials will want to take charge and  control  of it circulation by asking and allowing people to open account, deposit and withdraw with bitcoin.
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June 11, 2018, 08:22:38 AM
 #537

I think this wont happen as of this time, because the banks consider it a threat and there are chances that ut might drive banks out if the market. Its therefore difficult to see the banks offering bitcoin deposits anytime soon. We cannot push out the idea may be they will some day out od neccessity.
Agapelove
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June 11, 2018, 09:57:36 AM
 #538

Banks are one of the foundations of a government so they really can't take risk on cryptocurrency right now. If they fall apart it may cost them all. Banks are just doing its role and risking on Bitcoin would not be very wise in their stand point. But I ultimately hope that banks and Bitcoin can get into terms like how the government is slowly getting into terms with Bitcoin.
Redenom
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June 11, 2018, 09:59:13 AM
 #539

May be after bitcoin mining is over
SailorCoin
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June 11, 2018, 10:08:37 AM
 #540

Banks hate cryptocurrencies, because they can not controll them. So you can be sure, that there will be no cryptocurrency deposits on banks for a long time. Actually they are fighting against them as hard as they can, because they fear to loose the power over the money.
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