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Author Topic: Are you aware that some Banks accept Bitcoin?  (Read 2534 times)
Aveatrex
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July 29, 2018, 11:16:02 PM
 #1

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

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July 29, 2018, 11:18:51 PM
 #2

this is great if any bank has received bitcoin, and I always hope that all banks around the world can receive bitcoin entirely, and this will bring better prices.

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July 29, 2018, 11:29:59 PM
 #3

Yes i am because here in my country was embracing cryptocurrency one of this was bitcoin you can deposit in bank using bitcoin and you can withdraw you bitcoin using bank so that we are great here in my country because even government they didn't banned cryptocurrency. Even some of restaurant shopmall or online shopping was already accepting bitcoin as payment.

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July 29, 2018, 11:34:42 PM
 #4

In our country they dont accept bitcoin as currency because they think bitcoin is very risky coin. The price flactuates so fast and there are lot of possibility of lossing your investments.
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July 29, 2018, 11:34:52 PM
 #5

I've never been into a bank that accepts bitcoin, have come across news sources stating the acceptance of bitcoin by banks. In recent days came across Nova Scotia, a bank that completely functional upon the bitcoin for all kind of transactions and deposits. Probably similar thing might happen around the world soon.

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July 29, 2018, 11:42:50 PM
 #6

It will become an awesome news if there is a Bank that can accept Bitcoin. As we know bitcoin price is very fluctuations and Bank will not taking a risk on it. Its about using people's money, but still there's a chance for Bitcoin to be accepted

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July 29, 2018, 11:43:24 PM
 #7

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?
Really? That was a good news if banks was accepting it also, but I think it was still limited only because not all country have that kind of bank. Anyway, bitcoin actually doesnt need bank because the wallet itself serves as a bank and investment. One thing also bitcoin has its own limitation when it was put in the bank I think.
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July 29, 2018, 11:50:04 PM
 #8

Is this true?  great!!  Your news surprised me.  I hope this will happen soon in all other banks.  and in my country.  I also hope to buy bitcoin at the bank in my hometown
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July 30, 2018, 01:07:39 AM
 #9

In September 2014, PayPal announced that it is partnering with three bitcoin payment processors: BitPay, Coinbase, and GoCoin. With their help, the company will now offer PayPal merchants the opportunity to receive bitcoin in return for digitally downloadable items.
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July 30, 2018, 01:10:38 AM
 #10

until now I have not realized that there are banks that receive bitcoin, and I really like it when many banks receive bitcoin, and this will definitely fix the bitcoin price for the future.
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July 30, 2018, 01:16:00 AM
 #11

Yes I am quite aware that banks are starting to adapt and accept bitcoin. Here where I live there are already banks accepting bitcoin and I do exchange and cash out regularly. Our country also has legalize bitcoin and supports it which makes my life more easier.
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July 30, 2018, 01:23:57 AM
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Yes I am quite aware that banks are starting to adapt and accept bitcoin. Here where I live there are already banks accepting bitcoin and I do exchange and cash out regularly. Our country also has legalize bitcoin and supports it which makes my life more easier.
yes,I am aware that some banks accept the bitcoin. actually, in my country. the banks are accepting ang support the bitcoin. they allowed it to flow in my country but at the other side , the flow of the bitcoin is limited and also, the banks in my country give warning about the cryptocurrency because we know that in the cryptocurrency there are many crime activities happen and the most common is scamming.
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July 30, 2018, 01:29:41 AM
 #13

Wow. i hope your info is true. In my countries, bitcoin is still not accepted by the government. Therefore, it is hard to see banks accept bitcoin
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July 30, 2018, 01:30:07 AM
 #14

I have known about this good news, I am very happy with this news, it is news that proves that bitcoin continues to grow and start receiving by some countries, even though my country can not accept it I hope in the future my country can accept bitcoin wisely
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July 30, 2018, 03:16:01 AM
 #15

you should provide more information bro. like where are these banks? in which country? do you have some names? it is surprising to hear it to be honest, i always knew that some day they would do it and i am still sure that they will but never knew there were banks that have already done it.
there was one case of course which a bank said they would use bitcoin for their oversees transactions but they weren't accepting it as deposits.

as for paypal, them accepting bitcoin or not wouldn't make a difference. we want merchants to accept bitcoin, otherwise paypal is something that some people who want to exchange their bitcoin to paypal and vice versa want.

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July 30, 2018, 03:27:22 AM
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I know. In the United States, more and more countries are opening and accepting Bitcoins and currency coded. Undoubtedly, this proves they are seeking to reap some of the financial benefits that the cryptographic world provides. This is understandable because the market capitalization of coding currency is nearly 444 billion dollars.

Some countries have adopted Bitcoin and have put in place real laws to regulate Bitcoin transactions. The first country to adopt Bitcoin was Japan. Bitcoin is considered a legal payment method in Japan and some organizations recognize it as a currency. The laws governing banking transactions have not changed, but they are also being considered to make Bitcoin even usable in everyday life.
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July 30, 2018, 03:34:24 AM
 #17

as well as ripples, ripples have so many banks and payment institutions that have become members. this is because ripple has an advantage in small cost for global payments

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July 30, 2018, 05:15:19 AM
 #18

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?
I have never been to a bank that received bitcoin and cryptocurrency.
with the very risky character of bitcoin that is always fluctuating price I think bitcoin will be hard accepted by the state and also bank, but my guess is wrong and you have told us if in your country have received bitcoin and cryptocurrency this is a very good news , I hope that bitcoin and cryptocurrency will be more widely accepted in all countries.
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July 30, 2018, 05:22:26 AM
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 #19

I personally think the whole idea with Bitcoin was, to bypass institutions like Banks or third party payment systems and to be a alternative for these systems. People must remember that these services were part of the problem and this is why Satoshi developed this payment system, to improve on these payment systems and to ultimately replace them.

We do not need Banks to destroy pseudo-anonymity with all their KYC/AML rubbish. ^hmmmm^

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July 30, 2018, 05:30:10 AM
 #20

In September 2014, PayPal announced that it is partnering with three bitcoin payment processors: BitPay, Coinbase, and GoCoin. With their help, the company will now offer PayPal merchants the opportunity to receive bitcoin in return for digitally downloadable items.
Where is the source of this your news because i have known or heard of this before, paypal are so strict that they wont want to integrate something risk in making transactions like bitcoin.
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