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Author Topic: Will banks ever offer bitcoin deposits?  (Read 6382 times)
BTC_BTC
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June 12, 2018, 12:59:51 AM
 #561

I think it's safer to store bitcoin in my wallet than on a bank. The bank uses the central system, while bitcoin uses the perr system to perr. If we save bitcoin dibank, the bank will keep the private key of our wallet. Is not this the same as we lend our bitcoin to the bank?
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June 12, 2018, 01:17:16 AM
 #562

I believe they will resist like they have until now. But the tipping point I believe will also come soon. I believe that day will happen when a major bank somewhere in the world accepts Bitcoin as deposits. The rest of the world will have no choice but to follow or fear being left behind.

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June 12, 2018, 01:21:38 AM
 #563

I do not thank bitcoins will ever do that as it will promote bitcoins. This will reduce their business which is already in danger due to crypto.
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June 12, 2018, 01:27:32 AM
 #564

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.

I dont think this kind 9f system will ever materialize.
First of all bitcoon was created for the purpose of anonymity and it will be totally impossible for a depositor to leave his/her bitcoin on a bank without leaving any details about their identity.

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June 12, 2018, 01:29:37 AM
 #565

I think bank will offer that service, the question is when, and i don't think it's going to be in the next 5 years from now
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June 12, 2018, 01:36:37 AM
 #566

With the remarkable rise of bitcoin users and investors, banks are now formulating their ways on how to keep up their services and earn profit with the current trend such as cryto currency. I guess if they offer bitcoin deposits, it s like US dollars that rate depends on the current exchange rate and will not be always fix like the fiat money. It is risky on both parties and will need a lot of studies to come up with the best idea.

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June 12, 2018, 02:07:00 AM
 #567

 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.
Banks are actually opposing the use of bitcoins they are against the bitcoins, so I think banks don't accept to deposit the bitcoins. Because they fear that bitcoin may harm them and they may lose their importance for all these reasons banks may not accept bitcoins

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June 12, 2018, 02:59:25 AM
 #568

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.
Sometimes the banks are ready to accept bitcoin deposits.  If they are ready,  its sure that there may be gain for banks themselves by offering bitcoin deposits. Banks are providing services to its customers by foreseeing their own profit. Banks are controlled by banking regulations and by the management, when the bitcoin is controlled by its users.
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June 12, 2018, 03:08:54 AM
Last edit: June 12, 2018, 03:22:35 AM by francism0707
 #569

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.

Well, as  I see it, there is a very slim chance for the banks to accept bitcoin deposits. If ever that slim chance comes into reality, then I think that the banks will not sync it to fiat deposits because of bitcoins volatility.  What I'm thinking is that if ever they accept bitcoin as deposit, they will also give interests in bitcoin and they will have a separate account for it.
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June 12, 2018, 03:15:22 AM
 #570

there are posibilities of depositing bitcoin to some banks when it is already trusted and legal. but i think they need to work for it in order to know bitcoin very well. they need more study in order to accept bitcoin as currency.
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June 12, 2018, 03:16:05 AM
 #571

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.
Sometimes the banks are ready to accept bitcoin deposits.  If they are ready,  its sure that there may be gain for banks themselves by offering bitcoin deposits. Banks are providing services to its customers by foreseeing their own profit. Banks are controlled by banking regulations and by the management, when the bitcoin is controlled by its users.
If these scenes will happen then it would be a special accounts for cryptocurrency only , the banks are controlled by central bank and the government  but because bitcoin is decentralized kind of currency, then they are taken in separate business , whenever it will be a total acceptance of bitcoin, then there will be a special agreement between both parties concerned for a harmonious transactions.

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June 12, 2018, 03:19:39 AM
 #572

the bank just cant accept bitcoin if and only if because the bitcoin is accepted in all country in the world, why? because banks will not accepted bitcoin and cryptocurrencies if the bitcoin is not acceptable in that country because of the policy from the governtment

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June 12, 2018, 03:32:17 AM
 #573

I think yes because its their profit too Smiley
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June 12, 2018, 04:05:05 AM
 #574

If we talk theoretically .. well, I suppose it might be sometime .. maybe after all the bitcoin will be mined .. and the price could be more predictable .. but i am sure the bank will not give you excellent condition ...
They will earn money for themselves first of all ..

I agree that this happens is certain. large profits will belong to the bank. and we will only get a minimum profit. because nagara will also control the state revenue. which is very likely to increase the price of crypto or vice versa.
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June 12, 2018, 04:12:36 AM
 #575

It could have happened if the bank could develop his project to start receiving digital currencies and can receive the technology used is certain the bank will be able to do that.It could have happened if the bank could develop his project to start receiving digital currencies and can receive the technology used is certain the bank will be able to do that.
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June 12, 2018, 04:14:34 AM
 #576

no I have never heard of banks offering bitcoin deposits but I am sure that when the time will surely banks offer depostio bitcoin and other cryptocurrency
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June 12, 2018, 04:20:48 AM
Last edit: June 12, 2018, 04:36:02 PM by James_H
 #577

Yes many sites are offering deposit with bitcoin but we also have to be careful because there are still many scam sites that are still active until now so we should be more careful in every investing in new or old sites
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June 12, 2018, 05:36:22 AM
 #578

I do not know, but it looks like it will not happen any time soon. Currently bitcoins and banks are the opposite parties. So I do not think that's possible.

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June 12, 2018, 08:52:56 AM
 #579

I  believe with time they will, because it will benefit them too.
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June 12, 2018, 11:17:48 AM
 #580

I don't think so, I never heard that the banks offer bitcoin deposits that is impossible because other country banned bitcoin but now bitcoin is getting popular and i hope one day banks will support bitcoin to deposits. Time will come for it to happen let's just hope for the best.
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