mundorafael8
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November 12, 2018, 05:45:16 AM |
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I think it is an excellent idea! im not nervous at all.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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raidarksword
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November 12, 2018, 05:47:59 AM |
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As decentralized system as bitcoin and to be used on bank's centralized system would not be possible to do so, if forced then it would not last long. Since bitcoin was created as decentralized and away from the banks' control it would create chaos on what system would be taken and prioritized of what system to be used with.
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rina aulia
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November 12, 2018, 06:04:24 AM |
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The pros and cons responses must be there for any changes regarding the upcoming Bitcoin Bank, I see this as good news because there are already parties who maintain and guarantee security in storing balances on cryptocurrency trading
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jademaxsuy
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November 12, 2018, 06:09:00 AM |
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Well this will be same as storing your bitcoins in a hardware wallet but in a more secure way if you will going to give your bitcoin in a bitcoin bank if ever there will be. But, If I were going to choose I will not use bitcoin banks to stored bitcoin for it seems like it has more risk than you do it in your own.
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Dana-pasar
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November 12, 2018, 06:12:54 AM |
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not nervous, that's exactly what is awaited, because bitcoin is growing even better than before.
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burky156
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November 12, 2018, 07:10:03 AM |
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I have just read the news and i believe that it would be huge steps for the bitcoin and cryptocurrency markets! Mastercard and Bank of America are biggest companies/establishment in the world. So if they would go to this market i am sure that they have seen the profit. So i can say that it would reflect everything in very positive way. I feel really happy and relax after i read it..
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Assface16678
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★Bitvest.io★ Play Plinko or Invest!
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November 12, 2018, 07:16:01 AM |
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I think this is just to serve as a means where people will easily trade their coins and convert to fiat at anytime they like. This is really one of the things that crypto need to bring more liquidity to the tradeable coins and the entire market.
I agree. There is no need for people to get worried. But then if the bitcoin banks will perform in such a way that it has a high fees and such we can say that it is not a good idea at all. We can see that it is effective if it performs just like a non for profit seek. But then there is already blockchain therefore no meed to look for more.
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Kikeeping
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November 12, 2018, 09:54:09 AM |
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that's only exchange where you can invest your bitcoin into the bank and converting to fiat. actually, when bank interested with bitcoin and do centralization, that is not be system where bitcoin are decentralization system
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LeGaulois
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Top Crypto Casino
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November 12, 2018, 10:02:55 AM |
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As long the crypto community doesn't give the power to someone (it can be a bank or whatever) to have most of the control over Bitcoin and altcoins we are fine. If banks are coming to cryptos it depends how they do it. If it's by offering services or investments or cryptos wallets,... There are many cases banks could be active in.
The reality is banks are already in the cryptos and/or blockchain industry. JPS Morgan, BOA are few of them (JPS Morgan has its own blockchain infrastructure "Aurora"). It doesn't matter so much, banks are in the gold industry as well, so?
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LastHope99
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November 12, 2018, 10:03:54 AM |
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Hate banks? Then don't buy Ripple
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Maysummer
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November 20, 2018, 07:14:15 AM |
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Any exact time? I don't think we can trust this post because It is hard to see Bank accept bitcoin and use it in banking system.
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Pursuer
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Where is my ring of blades...
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November 20, 2018, 07:27:54 AM |
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in a way this was expected to happen and in fact I expect that in the future a lot of banks start accepting bitcoin and treat it as they treat fiat because they wouldn't want to be left behind. although bitcoin has never needed them and will never do but they are still services that are looking for money.
besides what do you think Coinbase is if not a bitcoin bank? so this is not exactly a new thing!
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Only Bitcoin
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btyco
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November 20, 2018, 07:40:33 AM |
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With bitcoin you are your own bank so there isn't a huge demand for a bitcoin based one. We just need more companies like coinbase that allows simple fiat to crypto exchanges
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aoluain
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November 20, 2018, 07:49:03 AM |
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As long the crypto community doesn't give the power to someone (it can be a bank or whatever) to have most of the control over Bitcoin and altcoins we are fine. If banks are coming to cryptos it depends how they do it. If it's by offering services or investments or cryptos wallets,... There are many cases banks could be active in.
The reality is banks are already in the cryptos and/or blockchain industry. JPS Morgan, BOA are few of them (JPS Morgan has its own blockchain infrastructure "Aurora"). It doesn't matter so much, banks are in the gold industry as well, so?
It will be difficult to avoid using a bitcoin bank i the future for the majority of people. Bitcoin usage is moving away from being a currency to being a sort of investment so i would imagine a lot of 'investors' would have no problem using banks. So on my point i see bitcoin banks being part of the bitcoin and crypto future scene. Its not something i can see myself getting involved in though, Im happy to control my own bitcoin.
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Fretcy
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November 20, 2018, 07:49:20 AM |
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Bitcoin was created by the intention to avoid unwanted burden given to the laymen, as excess cost for transactions and also to support the ordinary class people without much stress and give a speedy transaction without a third party interference's all over the world and give support those who have no access with bank but banks means it is a centralized one and so the transaction will be too costly for the poor and needy .
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Wingleness
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November 20, 2018, 08:01:19 AM |
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The blockchain technology is able to accommodate any form if integration thus banking system adopting will surely ensure investor can buy into Bitcoin directly with fiat and vice versa, which will build more confident in the long run.
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dentolas
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arcs-chain.com
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November 20, 2018, 08:11:16 AM |
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well, in the end, a web wallet is nothing more than a crypto bank, as you are trusting someone to take care of your funds, same as centralized ex wallets... Bitcoin banks are comming and surely this won't be the only thing with name "bitcoin something" to be aimed at the general people. With mass adoption, a lot of people will be joining crypto and so the players have to prepare ways of taking advantag of it... banks won't go peacefull into the night
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