Bitcoins joins the bank

[mlawson71]

Over 40 different German banks were seeking a license from the German regulator BaFIN to offer crypto services not so long ago. The acceptance of cryptos among banks is growing, I think that much is clear.

[Manna]

This statements wasn't only made by JP Morgan but other prominent persons were critics of crypto (bitcoin). As a mater of facts, many of these haters of crypto in the past has now embraced it and even making new positive statements.

[DAMKAR]

I can say yes without any hesitation.  one day join bitcoin joins the bank. The market of bitcoin today is to such an extent that it has become the king of crypto currency. Some people believe even this. that bitcoin is leading the crypto market. So with this hope we can say it .

Yeah one day bank will accept bitcoin.
Maybe for now , bank and the government refused bitcoin and other crypto currency.
But when bitcoin has been accepted at many countries, they will accept too.

Don't worry mate,  I believe bitcoin will accepted by bank, companies and government.
Bitcoin is gaining popularity day by the day and I think bitcoin will more popular at the coming future.
Believe it,  bitcoin will have bright future and more be needed at the coming years.
No worries about bitcoin, although high volatile.

[kent47400]

A lot of companies have been spitting on themselves for the state of Bitcoin from year to year because I see things like this happen so often and of course I'm not surprised either.
I am sure that in the future there will be many banks that are able to accept Bitcoin as the main means of transactions and many top 10 Coinamrketcap will be accepted throughout the cryptocurrency market and join together with the Bank.

[pacar_tiri]

I guess they can't really beat Bitcoin.
Just saw on Reddit where
An old article states dated September 13,2017

"bitcoin is a fraud that will blow up, says JP Morgan Boss"

And now May 12,2020
"JP Morgan Extends Banking services to bitcoin exchanges"

I guess if you can't beat 'em join 'em.

So  i guess as my opinion on bitcoin future will be stable and no coin will take over it.

So whats your insight about this news? What will happen in bitcoin ?

Agree with this, I get the point  as you said  i guess as my opinion on bitcoin future will be stable and no coin will take over it.
Bitcoin will remain be the King of of crypto currency, and bank will allow bitcoin.
JP Morgan thinking realistic, If bitcoin can't best, join them is better.
That's true.

[therozaq]

Bitcoin joins the bank. This is good news for us as we all know more or less. There is no one-size-fits-all person to run Bitcoin Bank. Everything here depends on buying and selling coins.
We all think Bitcoin is our bank. Because it works depending on us. And the price of coins is determined based on us.

Yeah, It's good If bitcoin joins the bank.
We can buy bitcoin at there.
But I think I think It's just issue, because I see bitcoin is still blocked at several countries.
Bitcoin is the future currency, No one can refuse to this technology.
Government should adopt and allow bitcoin.

[Linda78]

We, of course, adhere to Bitcoin as a bank. If you have been buying gold for a long time then there is no profit.But if you keep buying Bitcoin, there may be gains, there may be losses for me, but if you keep it for a long time, chances of gain are high. Many people from his bank with this bitcoin during the coronation period Bitcoin has been traded all over the world without lifting.

[bayiajaib]

We, of course, adhere to Bitcoin as a bank. If you have been buying gold for a long time then there is no profit.But if you keep buying Bitcoin, there may be gains, there may be losses for me, but if you keep it for a long time, chances of gain are high. Many people from his bank with this bitcoin during the coronation period Bitcoin has been traded all over the world without lifting.

If you compare bitcoin and gold, bitcoin is more profitable but also more risk.
Maybe If we hold bitcoin at the last five or seven years, I think we are become millionaire now.
That's the fact, bitcoin is really expensive and worth investment.
I also agree if bitcoin join the bank, But It will need time to make regulation from the government. As many people said

[Doctor]

I think I agree with the opinion that said bitcoin is more profitable than gold.
That's true. If we hold bitcoin for several years maybe 5 years, we will get big  profit.
Gold is real assets and we know bitcoin is digital asset.
The proven bitcoin is more profitable, you can compare bitcoin price at the beginning and now.

[dekafee79]

Yeah, bitcoin is more profitable than gold.
That's the fact.
I also believe bitcoin will more expensive at the coming years.
I agree if bitcoin join the bank, It will make easy to buy bitcoin.
Investors will have access to buy bitcoin in bank.
I think banks should adopt Blockchain technology.
Although bitcoin is very volatile, but we know bitcoin has high demand.

[jonathancool220]

If we have seen Bitcoin being acquired by a bank, then most likely Bitcoin will not dump so badly.
I also see that the cryptocurrency market has a different pattern when it is bearish and this makes me believe in Bitcoin hodL even more.
At this point, we also understand that Bitcoin will really be a valuable asset in the future because it has been proven that all banks have started to adopt Bitcoin.

[mlawson71]

Are there any banks other than the El Salvadorian ones that deal in Bitcoin though? At least I am assuming the banks in El Salvador do, I haven't actually heard any details on the matter.

[Freemind]

Are there any banks other than the El Salvadorian ones that deal in Bitcoin though? At least I am assuming the banks in El Salvador do, I haven't actually heard any details on the matter.

Some banks in my country are related to Bitcoin and cryptocurrencies. Banco Santander has invested money in exploring within the blockchain to find new use cases, La Caixa has invested in Alastria, a specialized blockchain lab, and BBVA bought 5,000 Bitcoins in 2013 and has started offering cryptocurrency custody  in some countries. It is possible that there are more banks that have been interested in cryptocurrencies, but until they make public statements we will not know.

[aiviaa485]

Bitcoin is now getting very friendly recognition by all Banks and financial institutions.
Bitcoin does not hate the past where Bitcoin was hated by banks and financial institutions, I was sad at that time.
But Bitcoin continues to drive steadily at an ever-increasing price and Bitcoin holders have also benefited greatly from being a loyal companion.

[dekafee79]

Bitcoin is now getting very friendly recognition by all Banks and financial institutions.
Bitcoin does not hate the past where Bitcoin was hated by banks and financial institutions, I was sad at that time.
But Bitcoin continues to drive steadily at an ever-increasing price and Bitcoin holders have also benefited greatly from being a loyal companion.

Yeah, At the past bitcoin has been hated by banks and also the government.
And for now, several banks  starting to learn bitcoin and maybe will allow bitcoin soon.
The government of big countries already allow bitcoin, although take the high taxes..But It's not problem.