Thank you for your support, just updated the Approved Participant, please keep enjoy!

and the token sale phase 1 had been ended at September 30, 6:13:32am UTC


Purchased BAC (and ineligible contributions if any) will be credited to your LakeBTC account shortly afterward. BAC deposit/withdrawal/trading will be enabled after Phase 2 ends.

Just 10 days left until the official start of Phase 1 of the Lakebanker Token Sale. Contributions are accepted now for people who want to avoid last minute problems. The phase 1 price is 1 ETH = 1300 BAC. This is the lowest price anyone will ever get and just 2% of the total token supply are available at this low price.

Bitsonline announces the delay of Phase one of the LakeBanker Token Sale.

https://bitsonline.com/lakebanker-delays-token-sale/

LakeBanker is featured in ICO CROWD magazine this month. Pages 82-83.

https://issuu.com/icocrowd/docs/ico_crowd_magazine__issue_one__sept

Physical debit/credit cards and ATM machines are dated technology.

We expect to work with merchants whereby users can spend money directly from the app without the need for plastic cards/pin codes etc.

Users will also be able to request credit through the app, we can match those debts p2p with other users looking to earn interest on their savings. Our crowd-Banking model allows us to do exceptional risk management with low overheads compared with traditional banks and therefore offer credit at great rates.

China WAS a great place for financial innovation.

But things have changed. In the past many government officials were pro-cryptos and pro-innovation. Some foul-players took that progressive attitude for granted and abused the system (see above). Too many risks were accumulated. Now officials at the very top of the government have decided to step in and take over. The regulations are likely to be much more strict in the foreseeable future. In some ways, the situation resembles what happened after the 2008 financial crisis.

In the long term, without these foul players and fraud-like schemes, things may not necessarily be bad for the crypto community in China.

However, it's important to stress that LakeBTC/LakeBanker will be only be minimally impacted by the restrictions in China:

LakeBTC is not a Chinese corporation. It has been registered in BVI since 2014.

The vast majority of LakeBTC's business comes from over 160 countries other than China.

LakeBTC's team, advisory board and corporate partners come from all over the world.

LakeBTC ceased CNY operations almost a year ago.

LakeBTC supports six languages: Chinese is not one of them and hasn't been since 2014.

Most or all of LakeBTC hardware resources have been physically located outside of China since 2013.

LakeBTC's market data has never been listed on any Chinese bitcoin data website.

LakeBTC never sponsored or attended offline events or meetups in China.

You can invest now. Users that participate before the official start get the first-hour price of 1 ETH = 1300 BAC.

In light of the current market conditions, we have delayed the official start for two weeks. We may have to change the price of BAC in terms of ETH to keep it consistent with fiat.

You can participate now before the official sale to avoid last minute problems.


Please read our release above about the delay in the start of Phase 1. due to the current market instability.

Recent events have created great uncertainty over the future of cryptocurrencies, token sales and other financial innovations. The market has become extremely volatile. In light of this, and in line with our emphasis on risk-management, we have decided to delay Phase 1 of the LakeBanker Token Sale. Phase 1 was originally scheduled to take place between September 15, 2017, 3pm UTC and September 20, 2017, 3pm UTC. It will now take place two weeks later, between September 29th, 2017, 3pm UTC and October 4th, 2017, 3pm UTC. Nonetheless, we are still accepting contributions now in advance of the official start for those who want to avoid potential last-minute problems. Should the market fluctuate dramatically we may need to revise the price of BAC tokens in terms of ETH prior to the onset of Phase 1. Please note that it's clearly stated on our website that we reserve the right to alter the price of BAC before the sale starts in response to dramatic market fluctuations.

At this stage, we would like to reassure LakeBTC customers along with current and potential participants in the LakeBanker Token Sale on a number of issues. First, LakeBTC.com and the LakeBanker system will only be minimally impacted by the news coming out of China: We have always been an international firm. Our company has never been incorporated in China. We ceased CNY operations almost a year ago and now the Chinese market comprises a tiny fraction of our business. LakeBTC.com supports 6 languages but Chinese is not one of them and hasn't been for several years. Our team, advisory board and corporate partners are spread throughout the world. Our Token Sale has never been marketed in China and we exclude Chinese citizens from participating. Second, those who have money on account with LakeBTC or who have deposited money with us for the LakeBanker Token Sale can rest assured that their money is safe. LakeBTC is a world leader in terms of reliability, security, and emphasis on risk-management. We have never lost customers' money. LakeBTC remains a point of strength in these difficult times for cryptocurrency enthusiasts.

Banks make so much money from the status quo. Of course, they don't want any innovation

hi, thanks for your coming, the rule means that you can both post and repost are total 3 time per week, and the approved participant have been updated, enjoy it.

I wrote a comparative analysis of Humaniq with our own project. In my view even though they clearly want to change the world for the better, as a BUSINESS MODEL their project has many serious problems.

https://medium.com/@andrew.mccarthy/charity-or-finance-humaniq-vs-lakebanker-155d9dc3d63

We are live online on our slack and telegram channels to answer any last-minute questions over the next few days before the official start of Phase 1. Please join us there.

2 and a half days until the official beginning of Phase 1.

We have been accepting payment for around one month and there is a very small cap at this price.

Participate now to avoid last minute problems.

We plan to stay compliant and work with regulators wherever we operate where possible. However, we feel that we are still radically different from traditional banks: In particular, their costs are higher and their risk management is inefficient. Further, our platform gives users the opportunity to earn fees by serving others, which can't be done with regular banks.

Right. This kind of thing is hurting the crypto community. It creates the perception that anything associated with crypto/ICO must be a scam.

LakeBTC is a massive business. And LakeBanker is a legit ICO. We have serious investors already on-board.

But we get posted in a scam thread because of a minor tech. glitch. Even legendary members are posting warnings about projects that they have done zero research on. It's a classic case of letting the bad guys ruin it for everyone. Do research. Then post.

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.

Actually, in our case, he WILL be able to cash out----We are enabling trading for BAC tokens on our own exchange shortly after the close of the token sale.


How about doing some research on a project before you spread misleading information about it? Especially in a scam accusation thread.

Yes, there are a lot of scams out there right now. But there are lots of good projects too. How do you tell the difference? Do some research.

The Ethereum Sync. delay has now been fixed. Eth deposits should go through smoothly from this point forward.

Blockchain is new tech. These glitches happen from time to time. We have never lost anyone's money. Ever.

Almost all other platforms have had some issue with stolen coins, security scandals or flash crashes. Not us.

Better for the whole community if we all calm down and don't post scam accusations every time there is a minor glitch.



LakeBTC traded around $30,000,000 in the last 24 hours. You think we're gonna to run off with your 20 euros? 

LakeBTC is a well-established trading platform. We have been around since 2013. We are in the top 20 platforms in the world for Bitcoin trading volume. We have an exceptional reputation for reliability and security. We have never lost any of our user's money. Ever.

Of course, we would not risk the reputation of LakeBTC, by running a scam ICO. We are a very large business with very large revenues. It would be crazy to risk that just to raise a few million dollars in an ICO.

We are running the ICO because we believe in the LakeBanker Crowd-Banking system having tested it in Beta for 1.5 years. The token BAC is well-integrated into that system and this is likely to be reflected in its long term valuation by the market.

BAC tokens can be withdrawn from LakeBTC wallets shortly after the close of Phase 2 and before November 1st 2017

Further, trading for BAC tokens will be enabled on LakeBTC before November 1st 2017. How many other ICO's offer immediate liquidity for their tokens?.




It's utterly ridiculous that one of the largest, most secure and most reliable platforms in the history of Bitcoin is still being talked about in scam accusation threads. It really shows how many newbie's there are around here...