Totally agree mate.  I think we forget how young the management team is.  Ideas based on theoretical work.  The procedures in running the business definitely needs an overhaul in my opinion, but that doesn't make the project a dud.  If they were more open and transparent, I am pretty confident it would be there for all to see.  As I keep saying, we need to exercise a little patience.  When they have actual banking services products functioning in the marketplace, we can then be judge and executioner.

This is just a ridiculous statement!  Instead of just hiding behind your keyboard and making dumbfounded accusations, step up and present the evidence.  Of course I understand the frustration, because I am in the same boat, but lets be a little sensible (and logical) with this.  It has been dubbed one of the largest ICOs ever conducted and they have also come under the scrutiny of the regulators … Do you genuinely believe they would be scamming when you are that closely under the public eye.  Come on mate!

I understand where you are coming from, but the exchange for me was never a priority.  I never once thought it would be it's saviour.  In fact, I would have got super angry if their original roadmap was compromised, however this is supposedly not the case.  They are still on track to deliver the loans product and it is this that I am most interested in.  The fact they managed to sneak in an exchange (albeit basic) through the back door is a bonus.  It will help facilitate all things BNK and they will have 100% control of any issues that crop up.

If they manage to steal a little market share along the way, then happy days, but my expectations were stupidly low from the outset.

As for PPB, this remains a mystery and I am still interested to know what they will plan to do with it.  Management said they will integrate the bank within Bankera in the future, so surely this has the potential to become a neat business offering the whole suite of banking services.  That's my hope anyway.

Where do you come up with such accusations?  I think it really doesn't help the project by making such nonsense claims without any proof.  There are plenty of us that are loyal long term supporters who are patiently waiting for their roadmap to be played out.

I am sorry, but this is an unfair post.  Listen, many of us have also been burnt here.  It's never nice losing money.  In fact, I fucking hate it, but we don't need people that are no longer involved in this project FUDing … Move on!

Many of us are still involved and quietly optimistic.  Of course I would change many things that Bankera do, because I personally do not agree with the way the business is run, but I am prepared to give them the chance they asked for when they said it was a 'long term project'.  You should only really pass judgment until they have a business operating with several products as they promised.  You are just not helping those that are long term backers … Unless that is your objective?

I do, however, want to address some of your accusations though:

Firstly, Bankera's founders bought the bank privately, not Bankera.  This was a purchase made outside of the business, so the benefit lies with them and not token holders.  Whilst I expect them to integrate the bank at some point in the future, this is nothing to do with their business.  Whether it is "scam bank … illegal in EU, US, China and can be used only by residents of third world countries" as you say, it is totally irrelevant to us.  They could be turning into nightclub for all we know … It is just immaterial!

Secondly, the ICO article you are referring to was public domain news that is more than a year old.  Please give the Central Bank of Lithuania some credit.  Bankera would have been suspended or brought to justice if there was any wrongdoing.  This is one of the largest ICOs ever conducted and was always going to draw attention, so why would you operate illegally in this day and age (post financial crisis) knowing that.  Makes zero sense!

Anyway, I just thought I would give my opinion here!

Have you tried joining the official Bankera Chat community?  They have a dedicated channel for the Exchange, so like minded people can engage in discussion and problems can be resolved.


With regards to the bank, I am an ICO investor and this is only my opinion, but they are trying to become a blockchain bank.  They have no banks standing behind them.  They would represent competitors if they moved into this space, so I cannot see any banks lining up to back them.  Make sense?

I think your assessment is totally unfair.  The product is not even fully operation.  That is when you should probably pass judgment.  Annoyingly it is taking a long time to bring all the pieces together, but they are having to constantly battle against changes in the marketplace as well as changes in regulation.  This was always going to be a long term project.


I'm actually happy you didn't invest as well, because something tells me the level of moaning would have been off the scale. Lol

Well I have been around since day 1 and will give them a chance to play out their plan.  This was always a long term project and its always impossible to account for external factors that are out of their control.  Of course I disagree with many things Bankera do, but I am not the CEO.  We need to afford them the chance to release several working products so that we can pass some rational judgment.

I understand that.  There has to be more to the story in my opinion, because I cant think why they would engage with them on Live Chat for example, and not reply to their email.

You are a good friend to take up his case, although it really is important that they sign up so that they can pursue it personally.  I don't think anybody at SC will give out personal information to a third party no matter how good your intentions are.

I have found Live Chat at SC to be excellent, so they should definitely be able to help the person directly.  I would be surprised that this isn't resolvable given what you have said, unless there is more to the story obviously.

I can only speak from my own personal experience, but I have never had any issues with SC Customer Support for all my private matters.  They are very helpful and resolve them immediately.  Who did you speak with at SC?

Lol.  It's just one of the silly myths invented by the FUD patrol ...

Can we please look at this with some perspective please?  I just feel like you just want to see things negatively.  How can you judge how good Hanbitco is or will be, given it is a small exchange.  I am pleased they did not approach large saturated exchanges where BNK (and Bankera) are nothing more than a number.  They have probably negotiated a mutually acceptable deal where they can cooperate.  You would not get this with the larger exchanges, who do not value the business.


In any case, and this is probably the most important point, this exchange is not only a South Korean exchange, but it is one of a very small handful that is approved by the South Korean government.  Put another way, it has passed all their security standards.  So one could argue that the exchange itself also fits in with Bankera's policy of placing security at the top of the list.

Let's give this a chance before passing judgment!

So why are you trying to ruin our fun?  Maybe we love being part of this project and are happy with all their faults.

Are you talking about Tony G?  He left his role a long time ago.  What's your point?

Bankera weekly revenue is too small to worry about at this stage unfotunately.  We are all waiting for them to release products so that we can start to see some meaningful revenue share.

I think that is the problem though.  I understand people think this is slow, but simply put, this company raised money in their ICO to loan out.  The loans product hasn't even hit the market.  In fact, they are die to launch before end of Q2 as per their original roadmap, so I am happy to sit back, wait and reserve judgment.  I think everyone just wanted/expected a quick buck and now moan about it because the entire crypto market slumped!

Finally!  Some common sense.  This group have always said this is a long term project, yet every argument has been attacking short term issues.  I was guilty of this as well before I realised the stupidity of it.  They have a plan and they are walking it through … Just because they are not super human and can't deliver in the next 5 minutes, does not mean this project is doomed … People have such myopic thinking sometimes!

The first I have ever heard of that.  Have you contacted Spectrocoin Support.  I always find them to be very helpful.

Well theoretically the majority of money raised will be deployed once the loans services are operational, so there is limited use here and unfortunately they made a huge error listing on Hitbtc, but they were only responding to pressure from the group.  Many wanted any exchange in order to trade their BNK.  I am almost certain they have learned from their mistakes ...

Come on guys!  These are ridiculous statements.  If you are an active investor, you really are doing harm to the project.  If you are not, then you really have no place here.  I am not happy with the way things are turning out and I have personally lost a lot of money, but I am still confident.  I am willing to give them the benefit of doubt.  We can only really pass judgment when they have several working products in the market.

A project of this size means they are very much in the public eye (including regulators), so the comments of buying 'Lambos', 'castles' for sex parties are just childish.