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Author Topic: Will banks ever offer bitcoin deposits?  (Read 6336 times)
pinoyden
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June 11, 2018, 10:18:19 AM
 #541

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.

i dont think that is the reason why banks dont offer banks bitcoin deposits. infact some other banks are now supports bitcoin atm's , so how can you say that banks hate cryptos? maybe not all banks hate them because as of now there are lots of banks that partners with bitcoin .

May be after bitcoin mining is over

Lol. but why? why would they wait for that time? That is still the same because bitcoin will still be bitcoin even if all the supply has been mined out . Though the only difference i think is that the price of bitcoin will inflate too much.
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eolitic
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June 11, 2018, 12:29:43 PM
 #542

I don't think they will... and by the way, why do we need to keep our crypto deposit their? I don't think it is safer than just regular ways of storing them. If you don't trust online wallets, you can use nano ledget wallets (i am not sure I wrote the name correctly). But this is the safest way to keep your crypto coins.
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June 11, 2018, 12:31:29 PM
 #543

I think it’s possible. It’s not so easy for banks to adopt btc, but in it doesn't mean that they wouldn't will to deal with cryptocurrency, approximately, in ten years or more.
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June 11, 2018, 12:39:26 PM
 #544

I think it’s possible. It’s not so easy for banks to adopt btc, but in it doesn't mean that they wouldn't will to deal with cryptocurrency, approximately, in ten years or more.
I personally have never known it. because until now btc has not been approved by my country. let alone my country there is no certainty from the government. so we to go forward it takes patience to wait.

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ParveZ219
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June 11, 2018, 01:42:15 PM
 #545

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 or may not banks will accept bitcoins....as illegal works are done using bitcoins...And until the govt. unbans bitcoin...The banks will not accept Bitcoin.
cacakuswaya
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June 11, 2018, 02:24:38 PM
 #546

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.
hopefully it happens and the bank can accept bitcoin deposits, anything can happen in the future,
and the future of bitcoin will be increasingly in the public interest.
ETHtotheMOON1
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June 11, 2018, 02:29:44 PM
 #547

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.

I think it's going to happen, sooner or later. Banks have everything that is needed to do that. Once first bank start offering bitcoin wallet etc, that will be a huge milestone

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Souldream
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June 11, 2018, 02:32:56 PM
 #548

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.
This subject is definitely too far from the reality at the moment. If it would be considered of the banks in future I bet that it would undergo procedures and processes before it would be implemented. But if it is considered by the banks then it would be a great help to bitcoin itself to become more well-known cryptocurrencies exists.
kiky03
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June 11, 2018, 02:35:23 PM
 #549

I don't think so. We are all aware how both the govenrments and their central banks are at the tails of the crypto community to shut it down how then will they decide to accept bitcoin deposits. More to the point the value of bitcoin will be fluctuating almost every time due to its volatility and i am sure the bank would not want to work with such currencies.
Lemayilleur
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June 11, 2018, 10:23:03 PM
 #550

I think that this is unlikely, because the importance of banks in this is completely absent! Moreover, I think that banks simply will not want to take such a risk, because the price can collapse any day!
Brookie
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June 11, 2018, 11:07:38 PM
 #551

To make deposits in bitcoin looks quite interesting for the people of the world to meet him with open arms. Nevertheless, some experts expressed doubts about the operation of mechanisms for collecting interest. Indeed, bitcoin is different from paper money, therefore, another mechanism needs to be done.
chichigirl
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June 11, 2018, 11:13:19 PM
 #552

I hope so,  that will be a very big news or break for bitcoin if ever banks will offer a bitcoin deposits. But as of this moment that is very impossible since other government declare bitcoin as illegal.

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Marvelio
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June 11, 2018, 11:32:12 PM
 #553

I do not think I can go that far if the bank implements a deposit in bitcoin, since everyone's private key is centrally stored plus depositing funds in the bank is even more risky. My answer is the bank will not offer BTC deposits in the next 5 years. for me enough if the stock market offers cryptocurrency trade.
sabine80
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June 12, 2018, 12:02:18 AM
 #554

it will surely come yet that the banks officially accept bitcoin. it is certainly only a matter of time. i can imagine that in 1 to 2 years will be so far.
bitcoinerjawa
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June 12, 2018, 12:14:54 AM
 #555

there may be some banks that help and offer services to depost to bitcoin in some existing state like that bank can cooperate with bitcoin.
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June 12, 2018, 12:26:26 AM
 #556

there may be some banks that help and offer services to depost to bitcoin in some existing state like that bank can cooperate with bitcoin.
Time will come for it to happen let's just hope for the best. Bitcoin is getting popular right now and one day it willwill be supported by the banks too. Definitely the banks will help bitcoin because it's a win-win situation for both of them. There will be a moment that each party (bank and bitcoin) will cooperate to give us a better service.

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June 12, 2018, 12:28:29 AM
 #557

Banks are Avoiding us in  Money laundering  and as  of now banks is in  regulating bitcoin . This  might happen in our future  transaction and  banks will trust bitcoin. But we can keep our bitcoin. In our own way.
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June 12, 2018, 12:42:05 AM
 #558

I think the more applicable question is, will there be a government regulation that will allow banks to offer bitcoin deposit?
Jimrch
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June 12, 2018, 12:44:30 AM
 #559

I did not encounter yet a bank offering deposits for bitcoin, but there is a bank that allows you to withdraw your bitcoins converted into your fiat money thru their machines.
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June 12, 2018, 12:51:28 AM
 #560

  i dont think that bank institution can handle bitcoin transactions in blockchain system fiat money is different from bitcoin. Maybe some member react because our identity was prevail. some member are hiding their identities.
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