er
7 years ago in #bitcoin by bitcoinflood (79)
$64.60
- Past Payouts $64.60
- - Author $62.68
- - Curators $1.92
30 votes
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- and 10 more
Options are risky. If bitcoin goes down for years for whatever reason you will lose your deposit.
A good savings like account is available at BTCPOP. It is called instant account. Rates are variable currently at around 2%apr of BTC deposit. Funds are available on demand. Search Steemit for more in depth write ups or go directly to BTCPOP.CO
That does sound like a pyramid but so is Avon and Herbalife and they seem to be doing ok, it does sound very interesting though...
LedgerX is the way then, the 16% profit on savings is really great and would go a long way to help people who love to save. Thanks for the info
I'm sure 16% wont be hit but in very rare cases however it should be more then a traditional savings account
Okay buddy, that's good enough for me
Thanks for sharing. I've smashed the upvote button for you! I don't know if this is a good idea, but only time will tell.
Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
At this stage, 3 key aspects affect institutional adoption of bitcoin. 1) Regulatory uncertainty, 2) lack of custodial solutions, and 3) exchange issues (incl. market manipulation, lack of liquidity, pump&dump etc).
I think Bitcoin will clearly be the first one to get regulatory approval. With futures already listed & regulators almost in agreement that it is a commodity, all we need is to solve other issues acting as an impediment to institutional adoption.
There is also news from Consensus 2018 about a custoday solution from Nomura & Ledger and it is big, since a bank such as Nomura, already providing custody solutions in traditional financial markets, is a great name to have. Nomura has the right balance sheet, a crypto friendly govt in the country where it is headquartered and has earned trust from institutions. Bitcoin, being large is not exposed to manipulation & pump and dumps to the same degree as most crap coins. And with an institutional exchange and proper client coverage, based on the news from Coinbase, prices differences on irrelevant exchanges will not matter a lot. I believe smaller exchanges will start tracking a larger institutional exchange, if one is launched.
I can’t believe with such announcements, price is actually down. Anyway, we will not have to wait long for a bitcoin bull run or a bitcoin etf or financial market adoption of bitcoin. It is on its way and it will happen real soon, real fast!
I've been reading more and more about this...exciting times in the future of crypto, no doubt!
I think crypto curreny is getting better and better everyday and with the introduction of LedgerX, even savings!! I feel everything is settled. Thanks for your thoughtful post @bitcoinflood.
Other Piece to the puzzle of getting my job checks to my crypto wallet!
thank for content