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Author Topic: Banks to start trading crypto sooner  (Read 1157 times)
longrhm0
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August 08, 2018, 02:56:47 AM
 #141

I assume with bitcoin change rates still in a horrific duration, traders should at once purchase as many bitcoins as possible open up possibilities for achievement due to the fact they may be enough to maintain the asset with patience to make it manifest later.
phanquan5111994
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August 08, 2018, 03:03:20 AM
 #142

Yes!!!
More and more companies are starting to flock to electronic money !!!
Currently many banks have started trading Bitcoin !!!
That is a wonderful thing!!!
Buttermellow
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September 06, 2018, 12:10:25 PM
 #143

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 do not know if here in the Philippines banks will going to accept cyrpto and will going to start trading soon. It seems it is not clear for now because the banks are enjoying already the cryptocurrency system because these banks are being use as a third party for the local exchange. The banks are somehow an option to invest on cryptocurrency after you apply for an online transaction and payment will be thru banks.
Jackolantern
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


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September 06, 2018, 12:18:38 PM
 #144

I have read the information you have shared but it seems that it will never become true, at least not in the nearest future. to my mind, it is better to trade on your own sticking to the long-term strategy

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Mandarava
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September 06, 2018, 12:25:42 PM
 #145

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

For some reason I did not even doubt for one minute that ultimately the banking system would actively promote the trade in crypto currencies.
bulanso12345
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September 06, 2018, 12:30:14 PM
 #146

This could make a complicated system for them for both crypto and centralized currency
I do not know if here in the Philippines banks will going to accept cyrpto and will going to start trading soon. It seems it is not clear for now because the banks are enjoying already the cryptocurrency system because these banks are being use as a third party for the local exchange. The banks are somehow an option to invest on cryptocurrency after you apply for an online transaction and payment will be thru banks.
jannatakter
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September 06, 2018, 12:50:24 PM
 #147

I think that in the near future banks will accept and support crypto world sooner.can legal and further develoment in the future if there is support to bank and better than.
Rausachcatur
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September 13, 2018, 09:34:22 AM
 #148

There is no doubt that crypto prices will increase and there will be abundant investors and customers. Currency organizations around the world have begun to understand the crypto world. This is a good opportunity for those who want to invest.
Trustor
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September 13, 2018, 10:00:52 AM
Last edit: September 13, 2018, 08:07:30 PM by Trustor
 #149

No, not going to happen any time soon. As of now, the sentiment is negative throughout the market and no way in this world banks would ever start accepting crypto trading. Even in countries like India this has been banned.
Eigig
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September 13, 2018, 10:36:02 AM
 #150

That could be a future possibility that banks are to start trading crypto sooner,this is because banking is a financial business ,and if cryptos will be spreading worldwide then the banks will also adopt this technology of trading cryptos in the future.
minimie48
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September 13, 2018, 10:39:14 AM
 #151

Yes I would support the Idea of it,  it would a great movement in crypto
HukoJla
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September 13, 2018, 10:53:48 AM
 #152

Undoubtedly this will happen banks will start trading crypts only when it will, While it is impossible to say for sure, this can happen before the end of this year or in a year or two. Crypto currency and blocking is no longer the future, it is already real, it starts to surround on all sides. So be ready, who will go faster that will earn more.
proxydomain711
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September 13, 2018, 11:03:46 AM
 #153

Bitcoin starts to gain popularity and support and if this will continue, no doubt the market will rise again, not only for bitcoin but as well as the altcoins. I'm quite surprised that some banks now accept and trade bitcoin but the majority still doesn't.
Ibizugbe1
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September 13, 2018, 11:09:00 AM
 #154

For any business to stay relevant and still make profit, it must adopt new innovations to meet the present need of the customers. For banks to maximize profit in the coming days, they will have to support Crypto.
Yaspers101
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September 13, 2018, 11:10:50 AM
 #155

I like that some European banks are starting to give out loans in bitcoin without a credit history. By the p2p rating
anitaraymonds
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September 13, 2018, 11:16:27 AM
 #156

I like the possibility of banks to trade cryptocurrency it sound so good to me even when it is mere speculation. According to the JPMorgan spokes person, this could happen sooner than we expected. I know that cryptocurrency is the future of the global financial transaction where both corporate bodies and individual will embrace blockchain for their businesses. Cryptocurrecies will bring massive business and with its scalability confirmation of transactions will be faster than what is obtainable with the conventional transfer through banks. It will be also beneficial to all as elimination of third party will save the transaction charges on P2P .  
sinkfish
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September 13, 2018, 11:43:48 AM
 #157

banks are always interested to invest their idle funds to mange the cost of borrowing funds and as a new source cryptocurrencies will be sonn added to banks portfoilo.


adding new service that make money. wont hurt right..
bazoka17
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September 13, 2018, 11:54:42 AM
 #158

to start with crypto currency. Not only trade but they want to introduce custodian services and manage crypto portfolio services as well. However, the challenge is the current legal framework. While countries like Germany and Japan have shown a truly progressive mindset, many countries are still unsure about how to react to all of these crypto currencies. That is what prevents banks from entering the crypto market. But I know that once this happened, and they began to open their own exchanges which were supported by the full confidence and trust of their big names. I know that it will lead to more adoption and increasing prices for bitcoin
Baronggot
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September 13, 2018, 02:51:54 PM
 #159

Then that will be a good news since we know that banks don't really like cryptocurrencies since the start. Banks feel that cryptocurrencies are really a threat to them that anytime soon, cryptocurrencies can overpower the banks just like what happened to email and postal services.

tranle1267
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September 13, 2018, 03:26:56 PM
 #160

that a great news, the bitcoin have accepted by many organization, like the banks hehe.
now the world has realize the benifits of bitcoin, and the future i think bitcoin will be accepted popular in the world
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