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Topic: [ANN][ICO] LakeBanker | Free Banking for the World - page 3. (Read 14246 times)

copper member
Activity: 1330
Merit: 899
🖤😏
Pretty much the best ICO eveh, now we can do the KYC easily with lake monster and every body with every governments worldwide will recognize our rights of being our own decentralized banks. my problem is that no government is legitimizing the decentralized authority. it means when it comes to real world problem solving only the parties which the government is giving them authority could fix my problem, for example if I want to register a physical Visa card in order to register in google services or register on an exchange to deposit fiat, no body will accept me because the real authority (US government) is not allowing them to. if your services are going to listen to central authorities(governments) then there is no difference between you and the already established banking system.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
Just over 4 days until the official start of Phase one of the LakeBanker Token Sale.

Those interested in participating should act now to avoid last-minute problems.

hero member
Activity: 903
Merit: 1000
LakeBTC.com
Thanks for your vote of confidence in our project. We plan to work with regulators---they are going to have to adapt to the rapidly changing pace of financial technology. We'll make their job easier, in part because of the exceptional risk management that our Crowd-Banking model provides.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
Thanks, we'll take this into consideration.


newbie
Activity: 87
Merit: 0
Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.Im watching a bright future for your bank.Soon you will reach the sky.
full member
Activity: 199
Merit: 100
We are happy to announce that LakeBTC.com plans to enable trading of ETC and XRP in the near future. More details to follow.
The exchange should increase the anonymous currency transactions such as zcoin
hero member
Activity: 903
Merit: 1000
LakeBTC.com
have been read the thite paper, can not tell what it feels like temporarily, but just think it is unrestrained and formalized. or may be I need to understand it more.

Our white paper is a formal document. Please ask any questions here (or in our telegram or slack channels), and we can explain things in less formal terms. Thanks.

hero member
Activity: 903
Merit: 1000
LakeBTC.com
For users who have attempted to make deposits to LakeBTC.com for the LakeBanker Token Sale, please get in touch with us via Slack or Telegram if you want live feedback or customer support. (links on the front page of this thread)

Thanks.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
LakeBTC is experiencing some synchronization delay with the Ethereum Wallet Client.

Currently, we are a few hours behind, but we are working to solve the problem.

For users that have made ETH deposits for the LakeBanker Token Sale, your money is safe with us.

For users thinking of participating in Phase 1 of the Token Sale, we recommend early participation to avoid last minute problems.
full member
Activity: 672
Merit: 127
Reserve Filipino translation if needed.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
To gauge this project accurately I want to look at lakebtc.com's volume, trends, etc. but there's virtually no way to do this because all info on lakebtc since 2016 seems to have disappeared into a black hole in the English speaking world. The coinmarketcap/other tracking site API is broken, virtually all forum activity and site reviews date back to 2014 and so on. Additionally, I'm not filled with confidence about a token sale for a spinoff that wants to trade 30 currencies when the original platform still won't even support ETH itself before phase 2.

Will we see LakeBTC itself make improvements to match this ICO (and ideally ahead of it)? Is there a roadmap on that side?

LakeBTC.com is now listed on coinmarket cap. Our trading volumes are available to view:

https://coinmarketcap.com/exchanges/lakebtc/

ETH deposits have already been enabled and ETH trading is in testing mode. It will be enabled soon (along with LTC, ETC and XRP)
hero member
Activity: 903
Merit: 1000
LakeBTC.com
Exponenential Growth

One advantage of our Crowd-Banking model is that it leverages network effects that encourage the LakeBanker system to grow exponentially. When we enter a country, a single LakeBanker can service roughly ten users. The system encourages users to themselves become LakeBankers and offer services to others. Thus, once inside the system, those ten users can service a further hundred, who can then service a further thousand and so on. As more LakeBankers join the network it becomes more valuable—there is more geographical coverage/saturation and faster matches with user requests through our app. A more valuable network attracts more users which in turn attracts more Lake- Bankers to meet that demand. The cycle continues and the network grows exponentially:


this is an ideal situation, in fact, it is easy to borken chain in the middle if the incentive is not enough


Indeed. We retain 25% of the tokens (125,000,000 BAC) as a USER GROWTH FUND. That can be used to incentivize new LakeBankers and encourage exponential growth.

The heart of the crowd-banking model is that users can get backing services from the platform, but they can also earn fees by supplying banking services to others. So every additional user makes the system more valuable to others.

It's similar to something like Facebook: every time a new user connects, they make the social network more valuable to everyone by uploading content that others can see.

This is what encourages exponential growth.

hero member
Activity: 903
Merit: 1000
LakeBTC.com
then we want to see what the next days so bring to investors . there are very large plans.
since I have also invested a little bit gladly these news of course . continue good work and much success


Thanks. Yes our Phase 1 discount has attracted investors. But it has a small cap (just 2% of the total token supply). If Phase 1 oversells before September 15, 2017, 3pm UTC we will allocate tokens pro rata to make sure everyone can get some BAC tokens at the lowest price.
full member
Activity: 462
Merit: 104
then we want to see what the next days so bring to investors . there are very large plans.
since I have also invested a little bit gladly these news of course . continue good work and much success
hero member
Activity: 903
Merit: 1000
LakeBTC.com
Interview with our CSO published today in Bitsonline.com: "We don't beg big banks to work with us; we replace them"


https://bitsonline.com/dont-beg-banks-replace/

hero member
Activity: 903
Merit: 1000
LakeBTC.com
How many BAC are bought until this moment? In your opinion, approximately how many BAC will be bought on September 15, 2017, 3pm UTC?

The cap is so low low for Phase 1 we're not releasing live sale data. We'll do that for Phase 2 probably.

Demand is strong so far. The price is so low that there's a chance to make a 1300% profit by investing early. People are buying becuase of that and other reasons. So we think there's a good chance that we'll sell the whole 2% before September 15, 2017, 3pm UTC.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
We are happy to announce that LakeBTC.com plans to enable trading of ETC and XRP in the near future. More details to follow.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
2fa authorization can not be considered that it is safe
better than nothing. there are also other security measures. no problem . can customize each individual
everyone can do as he wants . is also not different with bittrex and kraken  Grin
not even myetherwallet has 2fa  Wink


Correct. We employ, many, many security measures beyond 2fa authentication. (see our whitepaper for details).

This is why LakeBTC.com has a perfect record of never losing any customers' money. Ever.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
2fa authorization can not be considered that it is safe

LakeBTC.com has an impeccable reputation for reliability and security. We are perhaps the only major crypto-trading platform without stolen coins, security scandals or flash crashes.

We have many security protocols that go way beyond 2fa auth. These will all be inherited by the LakeBanker "Crowd-Banking" platform.

For more specific information about our security protocols, please see section 3.3 of our formal whitepaper
hero member
Activity: 903
Merit: 1000
LakeBTC.com
I've just tried again : the login works easy and fast . 2FA put into operation went smoothly .
it is very clear and well arranged . not complicated and easy to use. I can recommend this platform and do not belong to the team.
I think this will be a good object

Glad your experience was a good one
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