Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: kaleemmalik on August 26, 2018, 06:40:04 AM

Title: Why the bank would accept bitcoin sooner or later.
Post by: kaleemmalik on August 26, 2018, 06:40:04 AM
You must have at one time seen bitcoin service in most Automated Teller Machine (ATM)  in some banks should you ive in Nigeria in later year. But not anymore!
Ever wondered why they ventured into that before?

Could it be that they were optimistic about the potentials it avails or were just driven at the rate at which it rose in the market and how people patronize it?

Could it be that it was greed that drove them?

Would the banks accept bitcoin sooner or later from your opinion?

Let's share our views!
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Speaker on August 26, 2018, 11:20:57 AM
I don't think banks will start accepting bitcoins. Of course, if it becomes profitable for them-you can see it.But I doubt it.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: anshor1 on August 26, 2018, 11:23:17 AM
You must have at one time seen bitcoin service in most Automated Teller Machine (ATM)  in some banks should you ive in Nigeria in later year. But not anymore!
Ever wondered why they ventured into that before?

Could it be that they were optimistic about the potentials it avails or were just driven at the rate at which it rose in the market and how people patronize it?

Could it be that it was greed that drove them?

Would the banks accept bitcoin sooner or later from your opinion?

Let's share our views!

Because bitcoin is the future technogy, block chain is good platform I think Bitcoin will dominate at the future.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Lukasz on August 26, 2018, 11:51:51 PM
Banks my be forced to accept BTC once competitive banks will offer that service and a lot of customers will switch thus making the big BANKS in a position of little choice which eventually can be compared to sawing the branch u are sitting on still there will be little they will be able to do about it
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: bhm45 on August 27, 2018, 02:13:51 AM
Once they make some regulations for bitcoin and solve the issues of traditional payment, they will accept bitcoin and altcoins as payment method but It's not possible to think about this fact at this time . we must wait for a certain time.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: aji678 on August 27, 2018, 02:25:18 AM
Now the banks in our country not interested in bitcoin and they feel fear that the crypto is highly volatile while it has no physical existence so it is a kind of risk for the banks so may be in the future the bitcoin show some physical existence which may be accepted for the banks etc.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: cryptothief on August 27, 2018, 03:04:39 AM
If there's money to be made, the banks will be circling like the vultures they are. There's a reason they're cautious at the moment; the market is far too volatile, wait till it stabilises and you'll see them all flood in.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Bruks on August 27, 2018, 06:09:59 AM
You must have at one time seen bitcoin service in most Automated Teller Machine (ATM)  in some banks should you ive in Nigeria in later year. But not anymore!
Ever wondered why they ventured into that before?

Could it be that they were optimistic about the potentials it avails or were just driven at the rate at which it rose in the market and how people patronize it?

Could it be that it was greed that drove them?

Would the banks accept bitcoin sooner or later from your opinion?

Let's share our views!
sooner all of the banks will receive bitcoin Since bitcoin or Cryptocurrency is its easy transaction. Although its transaction fee is large. Because the value is not stable. But I'm confident. It will happen in the future.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: capt ronald on August 27, 2018, 09:03:57 AM
This is really a good news to everyone and hope this will be accepted at soonest possible time because the banks may be left a behind if they will not adopt by accepting digital currency.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Speaker on August 27, 2018, 09:18:19 AM
Banks will be able to adopt the cryptocurrencies in that case if the government will legalize cryptocurrency.Many banks are ready and willing to work with cryptocurrency , but they cannot, because there is no clear legislation.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Goku01 on August 27, 2018, 09:26:31 AM
Samsung already started accepting Bitcoin in three countries. In the event that there's cash to be made, the banks will circle like the vultures they are. There's a reason they're careful right now; the market is dreadfully unstable, hold up till it balances out and you'll see them all surge in.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Black ID on August 27, 2018, 10:07:26 AM
I don't think all banks will receive bitcoin. The value of bitcoin is very volatile because everyone can control its value. But for blockchain technology, maybe the bank will adopt it soon.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Judybrown on August 27, 2018, 10:23:58 AM
In my country, there is something called mobile money which has taken over the banks. When the banks realized this, they all started accepting it. So I believe when crypto currencies take over the banks, they will be compelled to accept it.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: cryptofunn on August 27, 2018, 03:17:34 PM
The bank is the same business as ice cream trading. And if the owners see an opportunity to earn, they will not miss it. Moreover, the purchase of crypto exchanges by financial institutions
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Doctor on August 27, 2018, 03:22:23 PM
You must have at one time seen bitcoin service in most Automated Teller Machine (ATM)  in some banks should you ive in Nigeria in later year. But not anymore!
Ever wondered why they ventured into that before?

Could it be that they were optimistic about the potentials it avails or were just driven at the rate at which it rose in the market and how people patronize it?

Could it be that it was greed that drove them?

Would the banks accept bitcoin sooner or later from your opinion?

Let's share our views!

Because   crypto currency is the future technology, bitcoin is the King of crypto currency. So, I believe banks will accept bitcoin.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Zed0X on September 04, 2018, 12:06:10 PM
Someone posted that there are 14 banks in the Philippines that transacts in bitcoins. If that is true, then that means it has begun.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: owmivmen on September 04, 2018, 05:58:54 PM
Everything needs a process. but I'm sure everyone and the company will accept bitcoin as a payment method to make transactions easier.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: DogeTalk on September 04, 2018, 06:57:32 PM
Because business in Crypto already has a large number of enthusiasts and always grows every year. this will make everyone use crypto.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: rizqillah on September 05, 2018, 01:43:30 AM
You must have at one time seen bitcoin service in most Automated Teller Machine (ATM)  in some banks should you ive in Nigeria in later year. But not anymore!
Ever wondered why they ventured into that before?

Could it be that they were optimistic about the potentials it avails or were just driven at the rate at which it rose in the market and how people patronize it?

Could it be that it was greed that drove them?

Would the banks accept bitcoin sooner or later from your opinion?

Let's share our views!

I think The banks shouls accept the bitcoin. Because the bitcoin is the future technology with block chain platform It ia very potential at the future.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Moykoy on September 05, 2018, 02:27:27 AM
the reason they are careful now; the market is too volatile, wait until it's stable and you will see them all flooded.
If there is money to be made, banks will spin around like the vultures. Even if the government wants to legalize it.
Title: Re: Why the bank would accept bitcoin sooner or later.
Post by: Black ID on September 07, 2018, 04:27:08 AM
I think it will be difficult for banks in all countries in the world to accept Bitcoin. Because the bank's financial system is centralized while Bitcoin uses a decentralized system. On the other hand also the application in the bank using Offline. While crypto uses Online. That will be a homework that is quite difficult for banks to accept Bitcoin there.