Banks to start trading crypto sooner

[daianapotter]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

it is funny how sometime ago jpmorgan said that bitcoin was a error  and now will use it xD

[Belec]

This is great news, I never thought that it was so possible or that bitcoin would reach this level is very proud

[basyang]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

Its goodbto know that Banks is starting to trade cryprocurrency it seems that some banks are open to do a transaction with cryptocurrency which is very good to know. Especially today that the price of bitcoin is down we need an inspiration to hold our bitcoin so that we can also try to trade it in the banks. Sooner or later,  we will use it and many banks will open their doors to try to trade woth cryptocurrency.

[Bonsaiav]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

The news written in May 2018, I think this might be the main factor that makes the price of bitcoin rise to the level of $ 8206 precisely in July 2018. Unfortunately, this growth can only survive in a few days, and the next day the price of bitcoin stagnates again and dips sharply. Maybe what JPMorgan said has not been effective, so this has not been able to give such a huge growth effect to the price of bitcoin and other crypto. Hopefully, in the coming 2019, banks that will trade cryptocurrency can run according to what JPMorgan says, so that it can make the market return to passion, and reap a smile for the people involved.

[sammyp]

I believe banks were already trading crypto currencies before the 2017 higher prices thus the duration at hwhichbthe banks profited so much. As at the time bitcoin was at its peak, I heard in news that many people, including some financial institutions had turned their attention from regular bank savings to trading crypto currencies.

[kucritt]

if banks start trading cryptocurrency in the future, i think it will be the good start for all people that invloved in bitcoin and cryptocurrency. there are many stores taht will accept bitcoin as the payment, if this happen

[Belec]

That would be a big sign for all cryptocurency, but I think that's something that's impossible because real money will never be replaced by virtual ones, if so, it would be great for all btc owners, and people would realize that btc was not a scam and more invested

[tiktak89]

I think it's worth joining the cryptocurrency market as soon as you decide to do so. This is a very profitable direction for earnings, even despite price fluctuations.

[Renampun]

I am very sure of this, even though I don't know when this will happen. I see more and more, the world increasingly accepts the existence of cryptocurrencies, as evidenced by the many concepts of ICO projects that continue to emerge, ranging from services, banking, and exchanges.

[Udrujec]

Right now, banks are pretty skeptical about bitcoin, but it seems to me that it will not last forever. This technology is very promising its use by people really. This means that banks will accept bitcoin.

[Pyr3x]

I have no doubt that sooner or later banks will accept cryptocurrency and implement its active use. This technology is very convenient and only simplify the banking system.

[Aponkye1]

That would be very great. To see that banks have now accepted the blockchain technology and cryptocurrencies. Then i guess cryptocurrencies would be legalized in the near future so that it can be used to make payment for transactions. This might be the right time to purchase some bitcoins because with all these news coming on board then it means a potential increase in the price of bitcoin.

[kotajikikox]

Right now, banks are pretty skeptical about bitcoin, but it seems to me that it will not last forever. This technology is very promising its use by people really. This means that banks will accept bitcoin.

Yeah thats right i agree with you mate the world are round nithing steady people change their mind about what is the way to got earn and to be stable for their business.

[TheClownSong]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

I am believe banks already interesting on bitcoin and cryptomarket for many years ago. Its started with Goldman Sachs buying one of biggest exchanger. Its must be one step from banks to trade and investing in cryptocurrency market. I am believe banks seeing big potential in cryptocurrency market

[Koenraad Lange]

That would be a big sign for all cryptocurency, but I think that's something that's impossible because real money will never be replaced by virtual ones, if so, it would be great for all btc owners, and people would realize that btc was not a scam and more invested

The bank will eventually join the crypto trade, because the market is there and the velocity of money is very large, because if  ignore the opportunity it can lose momentum. Only regulation is needed, because there are some countries that still prohibit crypto use. In principle, banks are business institutions that must follow financial trends so that they are not left behind by consumers.

[ice18]

Looks like banks are waiting for crypto regulations before entering the crypto markets Im sure if bitcoin etf will be approve in February 2019 banks will be the first enter on the stock exchange and making bitcoin on the rise again from bear market we are reaching the bottom at this moment we have to accumulate now before 2019 comes because this year is gonna be huge.

[Crypto Man]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.
Source: https://www.c[Suspicious link removed]m/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

   All of them bankers have bitcoins. They want to never control what they say they want to control. Plus they can burn fiat like bosses and keep inflation according to the plan.

[Peashooter]

Indeed. some bank are against cryptocurrency but some bank already accept and support cryptocurrency which they know will help them to gain more funds. In terms of trading of bank I do not have any idea but once government allow it I guess all bank will really start to trade cryptocurrency.

[piracy]

Under the auspices of the Bank of Russia, Sberbank and Alfa Bank will offer their clients shares in a special fund that will be trading the six most popular crypto-currencies on major exchanges, including Kraken and Bitstamp, according to the report.

[superstarbtc]

Banks in japan germany and canada are coming forward for crypto asset storage in banks even swiss banks are forming crypto related products for their customers