Banks Reacting To Bitcoin....

in #bitcoin7 years ago

http://www.cbc.ca/news/business/td-banks-bitcoin-1.4549697

"Toronto-Dominion Bank is halting the use of its credit cards to buy cryptocurrency as it conducts a review of the "evolving market."

The recent decision follows moves by several U.S. banks to stop allowing credit card purchases of Bitcoin and other cryptocurrencies.

"At TD, we regularly evaluate our policies and security measures, in order to serve and protect our customers, as well as the bank," a TD spokesperson said in an emailed statement Friday.

The value of Bitcoin soared last year, trading for more than $20,000 per Bitcoin. Since then, the value of the cryptocurrency has come off its all-time highs and trades for around $13,000, but remains up significantly from where it was a year ago."

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Amazing only need a big bank and the other accepted or the end of banks

amazing post nice post like your post.

great post about BTC

nice information about btc tnx for share

i think we should give all opportunities to bitcoin because bitcoin has ability to bring a revolution in world finance system

@elewarne sir...
Actually I think...Digital money can make us rich to deal with ourselves. I genuinely trust that. Be that as it may, what I additionally accept is that it will influence us to sufficiently fit to serve the penniless also.

It is absolutely difficult for all to give. Every one is battling in their own specific manners. In any case, that is the magnificence of life is it not? One who has seen the intense time will identify towards the one enduring. Such a one when independent can promptly consider helping other people. When I put in endeavors to gain, I should put in little endeavors along to share.

One might be poor out of absence of education, another might be expected life's weight of overwhelming obligations, another might be out of sheer apathy and some might be not able meet the sudden needs of life. In any case, the truth of the matter is same. They all need assistance. From numerous points of view it can be tended to....

valuable information you shared. impressive article & thank you @elewarne

@resteemia
resteemed & upvoted

The crypto money market is very distorted. Some banks still can not figure out how to go about this. @elewarne

nice post re-steem

nice information bitcoin i hope price agai up.

Thanks for sharing @elewarne
But I didn’t get it why banks are doing all this?

The banks are nervous about bitcoin taking over the financial market run by reserves now. With bitcoin they would lose power, so they are halting using credit cards to buy bitcoin which is the only way to buy them now on the internet, besides debit cards...

Finally banks are also buying cryptocurrency

@elewarne Now they just need to update all the info related to this chain.
website, blockexplorer, supply, etc!

At least the price and markets are displaying.
##Upvote/Resteem###

Valuable information you provided to the community. FUD is common thing now. BTC is unbeatable. Very informative article.

Hello @elewarne,

Banks are fear to the name of crypto. Therefore, they will do their best to drop Crypto market. It's the only survival method of them. Very useful information & incredible article.

~@mywhale

Nice information but trying to stop bitcoin or cryptos growth is just like trying to stop the rain impossible..........is not?

100% Upvote and resteem done

Thanks for sharing i will done upvote I always see your post.

i will done upvote I always see your post.

the more they will do things like this the higher bitcoin will go its the future :D

Bitcoin is a decentralised platform it was made so that no central govt should handle coin production process .... This kind of news will not demotivate the investors of Bitcoin ....... I hope you also have same point ??

thanks for the information sir...👍

banking sector is trying hard to impact bitcoin but it will not be able to do it thanks for sharing your thoughts on this

@elewarne yet i am quite happy cuz bitcoin hasnt been declared illegal till date @elewarne

thankyou for your info, now a days it's too hard to buy bitcoin, it's not able to purchase it.

interesting things happening banks are declining payment for crypto what

if it gets regulated all this will be useless from banks

Investors know the blockchain is a great piece of technology and in the near future has a lot of potential in all diversified business. And all the other institutions which will fall flat after the success of this technology are trying their best to make this cryptomarket crumble. Soon the time will tell us who wins this battle.

young generation lives in a dream world full of fantasy & now it's too late to bring them into the reality. impressive post

Its very interesting post for me...great dear go ahead
information thank for resteem.....

 7 years ago  Reveal Comment