We're happy to announce that we plan to accept Litecoin as a payment option for our Token Sale. Trading for Litecoin will then be enabled on LakeBTC.com shortly after the close of the Token Sale.
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I guess no one is interested to answer questions from curious onlookers? Maybe they don't want investors who know too much? Careful with the referral fees. 5% is a lot to give away from tokens sales. It just keeps adding up to your dumping problem after Phase 1. Add the incentive later, not before.
On your second point: we won't have a dumping problem. Only 2% of our tokens are offered in Phase 1. at this very low price. Sure some investors will be looking at the short term potential of a 1300% flip. But others are interested in are token for its long term potential to circulate amongst many millions of users. Since such a small number of tokens are being sold at the low price, those that sell them early won't have a big impact on the market. Thank you for the response. I think it's extremely common for the first investors to dump as soon as tokens trade, since almost every token opens at exactly or close to the normal price. Bonuses from early bird or referrals mean instant profit. It hurst the majority who can only enter later on. In any case, yes the small % is a form of protection. This does remain an interesting project. I am close to making my mind up. Thank you again. Good point. It's a difficult question. Early Bird bonuses are a good way of gathering interest/feedback/participation from the community, which is really important in this hugely crowded market. But I agree, it does make it risky for the majority who buy at the higher price. We really emphasize our long term business model and the long term strength of our token. We're not looking for short term flip (our team tokens are subject to a long vesting schedule).
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Interactive Investor just published an in depth article about our upcoming ICO project. They're a mainstream investment platform, so it's pretty cool that they're starting to take notice of ICOs. Here's the article: http://www.iii.co.uk/articles/439928/new-chinese-threat-global-banking-systemThey also recently published an article about what to look for when investing in ICO. Pretty interesting stuff. http://www.iii.co.uk/articles/439185/20-questions-ask-taking-part-icoHere's a little more info. about Interactive Investor: Launched in 1995, Interactive Investor (II) is an award-winning, online investment service that provides retail investors with unbiased financial information together with the tools and trading environment they need to make confident and informed investment decisions. As one of the UK’s leading investment and trading websites, II has 7.4 million unique users pa who contribute to one of the most engaged and active investor communities in the country
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This is bad news. It's bad that governments are starting to get involved with and control over the cryptocurrency space.
As long as they go after the scammers, the pyramid schemes and the fraudsters I think it's a positive thing for genuine financial innovation.
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I guess no one is interested to answer questions from curious onlookers? Maybe they don't want investors who know too much? Careful with the referral fees. 5% is a lot to give away from tokens sales. It just keeps adding up to your dumping problem after Phase 1. Add the incentive later, not before.
On your second point: we won't have a dumping problem. Only 2% of our tokens are offered in Phase 1. at this very low price. Sure some investors will be looking at the short term potential of a 1300% flip. But others are interested in are token for its long term potential to circulate amongst many millions of users. Since such a small number of tokens are being sold at the low price, those that sell them early won't have a big impact on the market.
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LakeBanker's ICO is a spinoff from long-standing crypto-exchange LakeBTC.com. We have 10 million user accounts created from 162 countries. The LakeBanker "Crowd-Banking" system has been operating in Beta for 1.5 years and already generates revenue. Now the system is ready for the world. This is a real project backed up by one of the world's leading crypto exchanges. Phase 1 of our Token Sale is active now. We're offering 2% of our tokens at a massive discount in return for getting the community involved. Phase 2 will be held in mid-October. If you like to know more check out our ANN thread and formal whitepaperFeel free to join us on telegram and slack if you have questions (links in the ANN thread).
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Bull fucking shit. All you guys "look for" is what is going to give you profit. ..then You show up here posting idiotic garbage like this.
You all also posted attributes that are easily faked gamed or scammed up hard. In other words even if you were sincere your comments are fucking stupid.
What about a project that's already at a mature developmental stage? That is not easily faked.
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China is gonna regulate ICOs, not outright block them. Doesnt really come as a surprise when you think about China to be honest...if they let something like this ride freely now that would be weird. If yuo're holding NEO it still means that they might work together with the govt and have better chances of succeeding while other competitors (like Eth) might just be straight banned from the country
Right. China will go just after the bad guys. There's a huge problem here with pyramid schemes and other sorts of fraud. A few dodgy ICOs are a small part of that massive issue. China does not want to kill financial innovation, including ICO. Here's an article by the Director of PBOC Digital Currency Research Institute. It's very positive about ICO. http://news.8btc.com/pboc-official-research-on-ico-and-its-regulation
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I guess no one is interested to answer questions from curious onlookers? Maybe they don't want investors who know too much? Careful with the referral fees. 5% is a lot to give away from tokens sales. It just keeps adding up to your dumping problem after Phase 1. Add the incentive later, not before.
We're more than happy to answer questions here. We're also on telegram and slack if you want to talk to us there. The links to our telegram/slack channels are on the front page of this thread.
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LakeBTC.com has been around since 2013. We have 10 million user accounts created from 162 countries. We are perhaps the only major platform without stolen coins, security scandals or flash crashes. We're currently number 21 in the world in terms of trading volume on coinmarketcap. Our platform is proven to be robust, trustworthy and reliable. Right now LakeBTC is spinning off its LakeBanker system and launching a Token Sale. The LakeBanker "Crowd-Banking" system has been operating sucessfully in Beta for 1.5 years. Check out our ANN thread here. Thanks for the response. Does LakeBTC have a Soap/Rest API someone could place orders with? We have a rest API.
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LakeBTC.com has been around since 2013. We have 10 million user accounts created from 162 countries. We are perhaps the only major platform without stolen coins, security scandals or flash crashes. We're currently number 21 in the world in terms of trading volume on coinmarketcap. Our platform is proven to be robust, trustworthy and reliable. Right now LakeBTC is spinning off its LakeBanker system and launching a Token Sale. The LakeBanker "Crowd-Banking" system has been operating sucessfully in Beta for 1.5 years. Check out our ANN thread here.
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ICO is the bad way to invest in my opinion... U don't see product.. All thing only a promise...
This isn't always true. Some ICO funded projects are up and running long before the start of the ICO. The LakeBanker system has been running for 1.5 years as part of crypto exchange LakeBTC.com, for example.
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