UnitedColors
Newbie
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Activity: 56
Merit: 0
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March 23, 2014, 04:48:34 PM |
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As far as I know there is no btc Bank right now but there was an attempt to run such kind of bank!
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apsvinet
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March 23, 2014, 06:41:58 PM |
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If there used to be a BTC bank and crashed down why there is no one more bank?
Because a bank isn't the point of bitcoins whatsoever. You're supposed to get as far away from 3rd parties handling your money as you can. Keep it in your own wallet.
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byt411
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March 23, 2014, 07:02:33 PM |
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If there used to be a BTC bank and crashed down why there is no one more bank?
Because if you store a lot of something in a place, it's more likely it gets targeted, targeted to steal everything inside. Trust me, you are better off storing your own coins.
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apsvinet
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March 23, 2014, 07:07:32 PM |
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If you really want some sort of interest or profit rate on your money you're best off lending to private persons. But please be aware of the risk. People tend to be dishonest when it comes to money.
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jeppe
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March 23, 2014, 07:28:23 PM |
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no, banks for BTC at all !!!
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Verge
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Activity: 28
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March 23, 2014, 07:42:19 PM |
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Bitcoin is BYOB (Be Your Own Bank) by using your wallet to store your own coins securely.
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thebotcoin
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Activity: 28
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March 23, 2014, 07:49:03 PM |
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I dont think there is any kind of BTC bank at all
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PlatinumEstates
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March 23, 2014, 08:06:36 PM |
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yay for life again
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PlatinumEstates
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March 23, 2014, 08:39:38 PM |
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How do I get started in this?
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aagreement81tw (OP)
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Activity: 69
Merit: 10
0dickshouse0
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April 02, 2014, 12:10:22 AM |
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Thus, you guys meant "no", right?
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PangPang
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April 02, 2014, 04:29:24 AM |
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Thus, you guys meant "no", right?
IMHO, there is no need to have a bitcoin bank, when the most important feature of bitcoin is decentralization.
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bryant.coleman
Legendary
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Activity: 3752
Merit: 1217
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April 02, 2014, 07:19:59 AM |
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Bitcoin was created as an alternative to the greedy bankers. And now you want Banks which deals with BTC?
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Holm
Member
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Activity: 70
Merit: 10
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April 02, 2014, 10:01:36 AM |
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completely unreliable, better to use exchange BTC-E
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vnvizow
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April 02, 2014, 02:42:10 PM |
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Sindelar1938
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April 02, 2014, 04:01:33 PM |
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Some yes but you shouldn't use one Always control yr pin, that's the whole point
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Holm
Member
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Activity: 70
Merit: 10
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April 20, 2014, 06:42:12 PM |
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is any on this branch real use bitcone banks?
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apsvinet
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April 20, 2014, 06:55:59 PM |
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Don't ask for banks or we'll see them popping up in no time, ready to scam you.
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Testing123
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April 20, 2014, 07:58:29 PM |
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I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. True. Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself?
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Dogtanian
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April 20, 2014, 08:20:34 PM |
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Bitcoin was created as an alternative to the greedy bankers. And now you want Banks which deals with BTC?
Exactly this. The great thing about bitcoin is we can be our own banks. We need to get away from our reliance on them.
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jbrnt
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April 20, 2014, 08:36:05 PM |
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Traditional banks wants your deposites and pays you interest because they can loan out money and charge higher interest. If there is no real demand for contracted loans in the current bitcoin environment, there is no market for a bitcoin bank.
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