[ANN]BANKERA – Building the Bank for the Blockchain Era - page 314.

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: DrStein on September 09, 2017, 08:57:37 AM

Quote from: Bankera on September 08, 2017, 09:15:37 AM

Quote from: DrStein on September 08, 2017, 08:48:58 AM

I wanted to invest just 150 euros to this ICO. According to their first week's net transaction profits I would have earned 6.5-7 euros as a holder of 15.000 BNK tokens.
This week I earned almost 30 euros just by trading my 150 euros in various cryptos (5 hours/day).

And I just want to ask the Bankera people how can the investors check your TRUE net transactions profits? They just have to trust your words, right?
Is there any platform or mechanism for the investors to verify your net transactions profits?

Thanks in advance.

We will issue quarterly reports so that investors can see how is the company doing.

So the investors would have to believe your quarterly reports to confirm that your profits are the ones that you decide to announce.
Seriously now, is this your only plan to confirm this really important information?
How do I know that you are not lying? You could have 10.000.000$ profit and you could announce that you had only 1.000.000$.
Also this means that you will share your profits every 4 months, right?

Any thoughts about this from the Bankera investors? Are you satisfied that your profits will depend on a quarterly report?

All stock companys are doing that any other ico is not doing that.You dont have to invest

DrStein

newbie

Activity: 37

Merit: 0

Quote from: Bankera on September 08, 2017, 09:15:37 AM

Quote from: DrStein on September 08, 2017, 08:48:58 AM

I wanted to invest just 150 euros to this ICO. According to their first week's net transaction profits I would have earned 6.5-7 euros as a holder of 15.000 BNK tokens.
This week I earned almost 30 euros just by trading my 150 euros in various cryptos (5 hours/day).

And I just want to ask the Bankera people how can the investors check your TRUE net transactions profits? They just have to trust your words, right?
Is there any platform or mechanism for the investors to verify your net transactions profits?

Thanks in advance.

We will issue quarterly reports so that investors can see how is the company doing.

So the investors would have to believe your quarterly reports to confirm that your profits are the ones that you decide to announce.
Seriously now, is this your only plan to confirm this really important information?
How do I know that you are not lying? You could have 10.000.000$ profit and you could announce that you had only 1.000.000$.
Also this means that you will share your profits every 4 months, right?

Any thoughts about this from the Bankera investors? Are you satisfied that your profits will depend on a quarterly report?

Capoboss

sr. member

Activity: 301

Merit: 250

I know its a fact that becoming a licensed bank, it requires a lot of big work.
Because if you receive a banking license in one european state that license can be used in all of them.
Therefore it will be very difficult to aquire one, all those regulation makes it almost impossible.
Thats why we are in bitcoin and crypto at the first place, arent we?

Chefironside

full member

Activity: 392

Merit: 102

Quote from: Sacho Maggs on September 08, 2017, 05:51:21 PM

Quote from: Mokka223 on September 06, 2017, 03:42:34 AM

Thanks all for your replies..

Allow me to assume that case:

What will happen if Bankera fails to get a banking license?

Will it mean ZERO for token all loose all my money? ie 0.01 Euro token will worth 0.00 Euro tokens?

What's their second "B" plan in such case?

This is not just a new crypto currency, it's a bank, and if a banking license fails, then will this cryptocurrency worth anything?

really I'm eager to learn about it to take the right decision either to invest in it or not..

Thanks..

Great question! How about escrow or something securing at least some of investors money, why do they need everything because without Bank license there's nothing and the tokens will be worthless.

can someone answer from bankera ! that would be very interesting for many people to know.
Not everyone who invests is well acquainted with bank transactions

Jeantheboy

member

Activity: 72

Merit: 10

I love argumentation.

Bankera is a spin-off of SpectroCoin, which is a wallet and exchange.

Problems:

1. SpectroCoin has an opaque fee structure. Particularly, they are not transparent of their exchange fee. After using their exchange service, I calculated over 4%. Which matches the statements in this 2014 CoinDesk article
https://www.coindesk.com/spectrocoin-launches-bitcoin-cash-service-25-countries/
Such a fee is terribly exhilarating.
The card mechanism and charges are not clear either. You need to get in touch with their incompetent support to get some information.

2. Banking is science, notably nowadays when compliance and regulation adherence are filled with intricacies, and fees are numerous and sophisticated. Their support is simply unable to assist. Their agents are oftentimes off-topic, they are slow, their contents are poor. As soon as the matter gets complicated, they just don't know how to help. They are bored and unmotivated.

Since Bankera is directly related to or identifies with SpectroCoin, then these problems should raise some serious perplexities.

Sacho Maggs

newbie

Activity: 35

Merit: 0

Quote from: Bankera on September 07, 2017, 06:30:29 AM

Quote from: Mokka223 on September 07, 2017, 05:27:55 AM

Let's say 99.99% they will get a bank licence..

The fact here is still 0.01% they won't get it..

As an investor, I've the right to know what will happen to my money in that case..

Will they provide a refund in such case even with excluding the profit they paid?

Or simply all our money will become a history and gone for ever?

I think it's fair to get an answer before investing in it..

Thanks..

We are partnered with licensed institutions in the EU. Our partner already has a payment institution license and is sure to obtain an E-money license during the ICO. In that 0.01% case, we would still provide and develop financial services with these licenses, just the scale of some services like loans would be smaller than that of a fully licensed bank. However, this is highly unlikely, as we would be developing a bank with an ICO or without it. The ICO determines our scale (capital wise) and greatly increases the speed of obtaining the license, however, getting a bank license would be possible even without an ICO.

You have no idea what you are talking about. Folks, I work in the consulting industry on regulatory licenses and firstly, API-license is something everyone can get very easily, less than a month's work. E-Money license is bit more complicated but even that is relatively easy 6-9 months. Bankera says in their WP that "we will convert the e-money licence to bank license". Well, it does not work that way sorry. These guys have simply not enough experience to get a bank license, read about Senior Manager's Regime and you all understand why.

Sacho Maggs

newbie

Activity: 35

Merit: 0

Quote from: Mokka223 on September 06, 2017, 03:42:34 AM

Thanks all for your replies..

Allow me to assume that case:

What will happen if Bankera fails to get a banking license?

Will it mean ZERO for token all loose all my money? ie 0.01 Euro token will worth 0.00 Euro tokens?

What's their second "B" plan in such case?

This is not just a new crypto currency, it's a bank, and if a banking license fails, then will this cryptocurrency worth anything?

really I'm eager to learn about it to take the right decision either to invest in it or not..

Thanks..

Great question! How about escrow or something securing at least some of investors money, why do they need everything because without Bank license there's nothing and the tokens will be worthless.

Capoboss

sr. member

Activity: 301

Merit: 250

Quote from: goku19 on September 08, 2017, 02:24:51 PM

Hii there what is the expected price of Bank coins....I am holding 50 of those so just curious of how much they worth

Its very difficult to say how much it will be worth.
It depends on various aspects like which exchange it will be listed on, how much the ico's have generated, what the price of btc is, how the markets are doing..

If I make a guess it will be 0.02eu

holdem

full member

Activity: 143

Merit: 100

so bankera dividents was about 0.42%? For what period?

howarddcarter

newbie

Activity: 83

Merit: 0

Authentic banking solution for salutary folks.

Bonanzacoin

full member

Activity: 308

Merit: 102

You think it would be in their interest to lie? Roll Eyes

Risking everything for a measly ammount in comparison to what they want to achieve? Roll Eyes

DrStein

newbie

Activity: 37

Merit: 0

Quote from: Retired on September 08, 2017, 11:30:40 AM

Quote from: DrStein on September 08, 2017, 08:48:58 AM

I wanted to invest just 150 euros to this ICO. According to their first week's net transaction profits I would have earned 6.5-7 euros as a holder of 15.000 BNK tokens.
This week I earned almost 30 euros just by trading my 150 euros in various cryptos (5 hours/day).

And I just want to ask the Bankera people how can the investors check your TRUE net transactions profits? They just have to trust your words, right?
Is there any platform or mechanism for the investors to verify your net transactions profits?

Thanks in advance.

Are you aware that:
1) You don't have to trade 5 hours a day to receive the profits.
2) They have started paying before Bankera launched, from their current company. Bankera hasn't been launched yet. So basically you're judging the profits of Bankera by the returns they have given when they haven't yet started

1) Of course I know that. But let me ask you...don't you trade crypto? Why are you in here anyway? Do you just invest to ICOs?
2) How will you know that bankera tells you the truth about their net transaction profits? How will this important info will be confirmed? They could announce 100K of profits or 10K...will you just believe them?

Retired

sr. member

Activity: 490

Merit: 250

I can't help you with the expected price.

However I am sure others are able to make a prediction on the value after the ICO.

goku19

full member

Activity: 395

Merit: 107

Hii there what is the expected price of Bank coins....I am holding 50 of those so just curious of how much they worth

Retired

sr. member

Activity: 490

Merit: 250

Quote from: Pab on September 08, 2017, 11:51:48 AM

Uff Liqui is hard,sold one of my tokens,bought bankera with dash,transaction took 10 min,changed pass for security,all works fine

Not sure what you mean? You sent Dash from Liqui and ordered Bankera Tokens?

Pab

legendary

Activity: 1862

Merit: 1012

Uff Liqui is hard,sold one of my tokens,bought bankera with dash,transaction took 10 min,changed pass for security,all works fine

NokasKili

full member

Activity: 406

Merit: 101

Professional Portuguese Translator

will try my chance!

Retired

sr. member

Activity: 490

Merit: 250

Quote from: DrStein on September 08, 2017, 08:48:58 AM

I wanted to invest just 150 euros to this ICO. According to their first week's net transaction profits I would have earned 6.5-7 euros as a holder of 15.000 BNK tokens.
This week I earned almost 30 euros just by trading my 150 euros in various cryptos (5 hours/day).

And I just want to ask the Bankera people how can the investors check your TRUE net transactions profits? They just have to trust your words, right?
Is there any platform or mechanism for the investors to verify your net transactions profits?

Thanks in advance.

Are you aware that:
1) You don't have to trade 5 hours a day to receive the profits.
2) They have started paying before Bankera launched, from their current company. Bankera hasn't been launched yet. So basically you're judging the profits of Bankera by the returns they have given when they haven't yet started

Bankera

full member

Activity: 854

Merit: 123

Quote from: DrStein on September 08, 2017, 08:48:58 AM

I wanted to invest just 150 euros to this ICO. According to their first week's net transaction profits I would have earned 6.5-7 euros as a holder of 15.000 BNK tokens.
This week I earned almost 30 euros just by trading my 150 euros in various cryptos (5 hours/day).

And I just want to ask the Bankera people how can the investors check your TRUE net transactions profits? They just have to trust your words, right?
Is there any platform or mechanism for the investors to verify your net transactions profits?

Thanks in advance.

We will issue quarterly reports so that investors can see how is the company doing.

DrStein

newbie

Activity: 37

Merit: 0

I wanted to invest just 150 euros to this ICO. According to their first week's net transaction profits I would have earned 6.5-7 euros as a holder of 15.000 BNK tokens.
This week I earned almost 30 euros just by trading my 150 euros in various cryptos (5 hours/day).

And I just want to ask the Bankera people how can the investors check your TRUE net transactions profits? They just have to trust your words, right?
Is there any platform or mechanism for the investors to verify your net transactions profits?

Thanks in advance.

Topic: [ANN]BANKERA – Building the Bank for the Blockchain Era - page 314. (Read 185973 times)