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-system

They 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-ico



Here'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

Some ICO projects operate just at the level of grand ideas for using Blockchain to change the world for the better. Very often, it's far from clear to investors how these projects actually plan to make any money.

We wrote an article about this issue, comparing our own project, LakeBanker, with Humaniq's recently successful ICO.

You can check it out on medium: https://medium.com/@andrew.mccarthy/charity-or-finance-humaniq-vs-lakebanker-155d9dc3d63

Feedback welcome.

[China is actually one of the most open and crypto-friendly governments in the world]

LakeBanker is a spinoff of overturn crypto-exchange LakeBTC, which is currently headquartered in Shanghai, China. Here is our ANN thread.

Some potential investors were concerned about our China location given regulatory uncertainty surrounding ICO and fears of crackdowns. So we wrote a post on medium explaining our position here. We feel that China is actually one of the most open and crypto-friendly governments in the world. The post explains this in detail:

https://medium.com/@andrew.mccarthy/icos-based-in-china-a-concern-for-investors-1b4b3f244cfc

It would be great to get some feedback and discussion from the community about this post.

What proportion of tokens should be allocated to the team in a good ICO? There doesn't seem to be much discussion about this question, but there are massive differences in recent successful ICOs.

I wrote a short post about this on medium:

https://medium.com/@andrew.mccarthy/ico-distribution-models-team-tokens-a866641e579

To keep things transparent, I'm associated with an upcoming ICO, LakeBanker (ANN thread). We have quite a large allocation of team tokens coupled with a long vesting schedule which limits our freedom to sell team tokens to the market. In the post, I argue that this is a good way to go. But we're genuinely interested in getting some feedback from the community on this question. Thoughts welcome...

Interesting article from our CSO comparing two finch startups offering ICOs: Everex and Lakebanker.


https://medium.com/@andrew.mccarthy/everex-vs-lakebanker-what-to-look-for-in-a-fintech-startup-b90d3089b603


What are your thoughts?

Here is our [ANN] thread:

https://bitcointalk.org/index.php?topic=2028648.0

We are looking to get our White Paper translated into the following languages:

Chinese
Japanese
Spanish

If you're interested, please PM us with some information about your experience and a quotation in our token.

[free, for everyone, forever.]

LakeBanker combines the latest technology with a innovative Crowd-Banking model to make core banking services free, for everyone, forever. Transactions in the LakeBanker system will be driven by an ERC20 compliant token, BAC. Some BAC will be issued in our forthcoming Token Sale, split into two phases:

Phase 1. is active now. We issue a small number of tokens at a significant discount. In return, we hope to get feedback from the community and collaboration from early participants.

Phase 2. will be held in mid-October. BAC tokens will be tradable on LakeBTC.com soon after the close of Phase 2 and before November 1st 2017

Official Website | [ANN] Thread | White Paper | Participate Now

Here we launch our bounty campaign where users can earn BAC through constructive support of our project.

Update on 11/01:
The data before November 1 is being counted and verified. Please pay attention to the updates on this thread.

Bitcointalk Signature Campaign

Register with LakeBTC.com to get your UID. It takes less than 2 minutes. Then complete this form and change your bitcointalk.org signature (txt files below):

• Full Member (full.txt)                     4 BAC per post, 10 posts max per day, and 50 posts max per week.
• Senior Member (senior.txt)             6 BAC per post, 10 posts max per day, and 50 posts
• Hero Member (hero.txt)                 8 BAC per post, 20 posts max per day, and 100 posts
• Legendary Member (legendary.txt)         15 BAC per post, 20 posts max per day, and 100 posts

Rules:

• Extra 1 BAC per valid post is awarded if you use LakeBanker logo as your avatar.
• Full member or above only.
• No negative feedback on bitcointalk.org.
• At least 1 post per day, and min 20 posts per week.
• Tokens will be paid along with everybody else when Token Sale ends.
• Only constructive posts over 100 characters are valid. Poor quality and unconstructive posts are not accepted.
• Invalid discussion boards: Beginners and help, Press, Games, Micro earnings, Politics and Society, Off-topic, Archival, Auctions.

NOTICE: Thanks for your participation in our signature campaign. Please submit the UID and profile page of your own account, not the example.

undated 08/20

Media PR Bounty

Register with LakeBTC.com to get your UID. It takes less than 2 minutes. Then complete this form, and post articles/reviews/advertisements about LakeBanker at:

• Youtube, TechCrunch, Medium etc.            50 - 1000 BAC
• Personal Blog or Website                          50 - 500 BAC
• Cryptocurrency/blockchain sites                50 - 1000 BAC

Rules:

• Tokens will be paid along with everybody else when Token Sale ends.
  
• Articles/posts deleted before the end of Token Sale are invalid.
  
• One article/post per site per person is valid.

Media PR, rather than copy/clip posts.

Translations  Bounty

• Chinese (DONE.)
• Japanese
• Spanish

If you are interested, please PM us for the details.

Social media Campaign

Twitter

Register with LakeBTC.com to get your UID. It takes less than 2 minutes. Then publish a tweet about LakeBanker, and complete this form when you tweet/retweet each time. https://docs.google.com/forms/d/e/1FAIpQLSftjy-yfwbnQjYJruF14onddbn9HMEsIDMSbyUfO_S67CuplA/viewform


Rules:

• Only one account per person is allowed.
• Account must be more than 6 months old (joined Twitter before Feb 14th, 2017)
• Latest tweet/retweet must be less than 3 months old from your Twitter account.
• Your followers must be more than 50.
• Follow us @LakeBanker.
• Maximum one tweet or retweet a day.

(check updates on below: 10/31)

• Number of BAC for rewards for each tweet/retweet depends on the number of followers you have.
• 2 BAC per tweet (related to LakeBanker), 1 BAC per retweet from @LakeBanker.

(check updates on below: 10/31)

• Extra 5 BAC if your original tweet get 10 and more retweets.
• Extra 6 BAC for original tweet if you have 500 follows.
• Extra 2 BAC for every 100 additional followers (on top of 500 followers).
• So 500 followers = 8 BAC for tweet / 2 BAC for retweet, 600 followers = 10 BAC for tweet / 3 BAC for retweet and so on.... with a maximum of 100 BAC each tweet and 40 BAC each retweet (5,100+ followers).
• Junk tweets or retweets are not allowed and you will be removed from the campaign.
• Tweets and retweets must not be deleted before the end of Token Sale Phase 2.

NOTICE: Thanks for your participation in our social media campaign. Please submit links from your own account, for example, your facebook or twitter post or repost links, not LakeBanker's original links.


Twitter bounty had been suspended from 11/01/2017




Facebook

Register LakeBTC for 2 mintues to get your UID. Then publish a Facebook post about LakeBanker, and complete this simple form when you post each time. https://docs.google.com/forms/d/e/1FAIpQLSepOXvK_35-oij5kvOmgurh7CoqSryIuE43BpmjsSrH8IlS7g/viewform


Rules:

• Only one account per person is allowed.
• Your followers/friends must be more than 30.
• Account must be more than 1 year old (joined Facebook before Aug 14th, 2016)
• You should like the official page https://www.facebook.com/lakebanker.
• Your Facebook LakeBanker posts/reposts should be public.
• Maximum three posts a week.
• Each original post should include a link to one of our official accounts. This includes: our website, Twitter, Facebook, Telegram, Slack and email address.
• Number of BAC for rewards for each Facebook post/repost depends on the number of friends/followers you have.
• The baseline is 2 BAC per post (related to LakeBanker) and 1 BAC per repost from LakeBanker/LakeBTC.
• Extra 1 BAC for every 100 additional friends/followers you have (on top of the minimum 30 followers).
• So 130 friends/followers = 3 BAC for post / 2 BAC for repost from LakeBanker/LakeBTC, 230 friends/followers = 4 BAC for post / 3 BAC for repost and so on.... with a maximum of 22 BAC each post and 21 BAC each repost (2,030+ friends/followers).
• Junk posts or reposts are not allowed and you will be removed from the campaign.
• Posts/reposts must not be deleted before the end of Token Sale Phase 2.
• Cheating, for example by copying from others will result in a ban.

Reddit

Register with LakeBTC.com to get your UID. It takes less than 2 minutes. Then post on reddit about LakeBanker, and complete this form when post each time: https://docs.google.com/forms/d/e/1FAIpQLSdauOG-mAKm-VPsSNuTqxgSFgyzWswnZG_2opctuDwthlBOrQ/viewform


Rules:

• Only one account per person is allowed.
• Your comment karma must be more than 20.
• 2 BAC per original post, and extra 10 BAC if your post get 10 up-votes.
• Extra 1 BAC for every 2 up-votes after 10 up-votes, MAX 100 BAC (210 up-vote) per post.
• Maximum one post per day.
• The post should be posted on Subreddits related bitcoin/ethereum/cryptocoin/ico etc.., NOT on /r/news, /r/funny, /r/food etc.
• Subreddits you post on should have at least 2000 subscriber.

The data of participants is being counted, it will be posted here shortly.
To protect your privacy, only UID will be published.

All bounty will be issued after the token sale phase. 2







Approved Participant



Signature Campaign
U816839767, from 08/17
U429573220, from 08/28
U985435695, from 08/29
U967923224, from 09/02
U209495358, from 09/10


The the sanctioned participant (Updated: 10/31).
U429573220, removed the signature.
U985435695, removed the signature.



PLEASE fill in the link of your profile page on bitcointalk so that we can trace your posts, NOT "yes", "no", "sure" etc

Please follow the rules, submit the participation information correctly, ensure that your post will not be deleted before the token sale phase 2, don't cheat.
(r13)



Media PR Campaign

U668788550, from 08/10
U154734326, from 09/02
U335806002, from 09/03
U209495358, from 09/10
U558486025, from 09/18

The media article must be original, rather than just copy/clip our ANN thread to another forum. The publications can be refer to:

• https://www.forbes.com/sites/nikolaikuznetsov/2017/08/16/decentralizing-the-world-blockchain-and-the-removal-of-centralized-profit-centers/
  
• https://medium.com/@andrew.mccarthy/ico-distribution-models-team-tokens-a866641e579
• http://www.tokenverse.com/blog/humaniq-and-lakebanker-a-comparitive-analysis/
• https://bitcoinexchangeguide.com/lakebanker/

These already existing posts which relatively serious will be recorded and recalculated in a new way, will NOT accepted more copy posts in future.

Others
U909312210, from 08/01
U245521155, from 08/01
U124796418, from 08/02
U139850306, from 08/02
U445997624, from 08/04
U671970020, from 08/11
U277581118, from 08/18
U388409454, from 08/18

Baned list:
U741781449, from 08/02

The the sanctioned participant (Updated: 10/31).
U139850306, the posted deleted.



Please follow the rules, submit the participation information correctly, ensure that your post will not be deleted before the token sale phase 2, don't cheat.
(r39)





Twiter Campaign
U031634926, from 08/17
U388409454, from 08/18
U454122261, from 08/19
U454452618, from 08/21
U122088263, from 08/22
U669845137, from 08/30
U660590560, from 09/03


The the sanctioned participant (Updated: 10/31).
U388409454 and U454122261 are the same user, violated the first rule; and Released more than one of the tweets on the same day, violated the NO.6 rule. You will only enjoy one bounty based on the date of participation.
U122088263, retweets should from @LakeBaker/@LakeBTC, not others.




As stated in the rules, only one account per person is allowed. So for example, using two Twitter accounts to tweet and retweet between those are considered cheating.

The link of campaign twitter is from your account, NOT the original from LakeBanker

Please follow the rules, submit the participation information correctly, ensure that your post will not be deleted before the token sale phase 2, don't cheat.
(r222)





Facebook Campaign
U031634926, from 08/17
U549676416, from 08/18
U454452618, from 08/21
U122088263, form 08/22
U366457116, from 08/22
U479920537, from 08/22
U127389011, from 08/25
U876819117, from 08/26
U140129153, from 08/30
U405638627, from 09/10
U444572965, from 09/10
U748801450, from 09/21
U366719149, from 10/22


The the sanctioned participant (Updated: 10/31).
U031634926, this content isn't available at the moment.





Please follow the rules, submit the participation information correctly, ensure that your post will not be deleted before the token sale phase 2, don't cheat.
(r57)





Reddit Campaign
U008104232, from 10/19




NOTE: it should be original post, not the copy or reply.

Please follow the rules, submit the participation information correctly, ensure that your post will not be deleted before the token sale phase 2, don't cheat.
(r6)

                       

[Mission]

Download the LakeBanker White Paper

Mission

Despite advances in technology the traditional banking sector remains inefficient, expensive and for many impossible to access. Our mission is to make core banking services free, for everyone, forever, and to deliver a full suite of financial services, including access to cryptocurrencies, at a much lower cost.

Concept: Crowd-Banking

The LakeBanker system will coordinate a massive network of individuals, merchants and other institutions who will provide banking services to users. The nodes in our network are called "LakeBankers". A LakeBanker provides services that would ordinarily be undertaken by the high street branch of a traditional bank; for example, they can facilitate deposits/withdrawals from the system and conduct KYC ("Know Your Customer") verifications on other users as part of risk management. Any user can become a LakeBanker; indeed the system encourages users to both consume and supply banking services. The network is accessed through a mobile app from which users can initiate requests for services. The app transmits requests to LakeBankers who are free to accept. A key technological component is our artificial intelligence agent, Sage: Its primary functions are (1) to find optimised matches by estimating the time and cost of a specific service and adjusting fees and incentives dynamically based on real-time supply and demand conditions, and (2) to conduct ongoing risk management based on the live and historical financial data it collects from the app.

Our technological solution effectively replaces traditional banking infrastructure with a peer-to-peer market. We call this concept Crowd-Banking. Our Crowd-Banking model has four important implications in terms of executing our mission.

• Exceptional Risk Management: Banking is all about risk. Through our crowd of users we can do more due diligence than any regular bank could do. And, since LakeBankers will tend to be local and know their communities well, we can do it better.
  
• Massively Reduced Overheads: We don’t need high street branches, large corporate offices or many thousands of salaried employees. Instead, we leverage the potential of existing personnel and infrastructure outside our core organisation
• Exponential Growth: When we enter a country, one LakeBanker can service say ten users. The system incentivises them to become LakeBankers themselves and service a further hundred users who can then service a further thousand and so on. Our Crowd-Banking model has exponential growth built into it.
• Reach into Underbanked Populations: Networks of LakeBankers can be created wherever people have access to smartphones. Smartphone saturation is high in the developed world and growing at a phenomenal rate in emerging markets.
  

In the LakeBanker system, money will flow with little friction, from one individual to another, from one currency to another and from one country to another. Technology has overhauled many industries. We do that now for banking. This is how we bring free banking to the world.

Who we are

We are the team behind cryptocurrency exchange LakeBTC.com. LakeBTC started in 2013. It has 10 million user accounts created from 162 countries. We support 42 currencies and 52 payment methods with hundreds more to come. LakeBTC is probably the only major platform without stolen coins, security scandals or flash crashes. As one of the most valuable brand names in the industry, LakeBTC has been proven to be robust, reliable, and trustworthy. Our CEO is Thomas Xie, co-founder of LakeBTC, cryptocurrency veteran and serial entrepreneur.

Beta Version

Initial versions of the LakeBanker system have been developed and tested. Dozens of currencies and payment methods are supported, and more are coming soon. The demand has been very strong even with no public announcement or media reports. The mobile version of LakeBTC.com functions well and will serve as a base for designing the LakeBanker mobile app Our cashflow is healthy, and there are a number of private equities and financial firms who are interested in investing in traditional ways. Nonetheless, we plan to spin-off the LakeBanker project and launch a Token Sale under an independent entity, LakeBanker Foundation. A new token called banc (BAC) will be issued to participants who contribute BTC, ETH or LTC.

The Token BAC

A new token called banc (BAC) will drive transactions within the LakeBanker system, where all fees and interest will be denominated by BAC. BAC is based on the Ethereum blockchain and is ERC20-compliant. The total number of BAC will be 500,000,000 (500 million), of which 250,000,000 will be offered in the Token Sale, 125,000,000 will be reserved for our User Growth Fund, and the remaining 125,000,000 will be distributed to the team. There is a 5-year vesting schedule for the team tokens, where only 20% is available for trading each year. Our token is well-integrated into our business model and has significant, long-term utility in driving transactions in our system. BAC will be tradable on LakeBTC.com soon after the close of our Token Sale. We offer participants near immediate liquidity for our token.

Token Sale

Our Token Sale is divided into two phases. In Phase 1 we offer a small number of BAC tokens at a significant discount. In return, we hope to get feedback from the community and encourage collaboration with early investors. The remaining tokens are offered in Phase 2. Full details of our Token Sale including information on how to participate are available on our website. Participants can purchase BAC tokens by contributing either ETH, BTC or LTC.

Phase 1

Phase 1 is open now. Contributions made before September 29, 2017, 3pm UTC will get the 1st hour price of 1 ETH = 1300 BAC. This is the best price anyone will ever get. Demand appears to be strong----if we are over sold before that time BAC tokens will be allocated to ALL PARTICIPANTS on a pro rata basis. We do this in the interests of fairness. After September 29, 2017, 3pm UTC tokens will be distributed on a first come first served basis.

Phase 2

Phase 2. will be held in mid/late October. BAC tokens will be tradable on LakeBTC.com soon after the close of Phase 2. We offer participants near immediate liquidity for BAC tokens

Read about us

A full list of articles about is is available here

Join us on Social Media

                 

Blog Posts

In addition to our formal Whitepaper we are writing a series of blog posts to help the community further understand our project, to address any concerns they may have and to make useful comparisons between LakeBanker and other projects:

Is Free Banking Possible?

ICO Distribution Models: Team Tokens

Everex vs LakeBanker: What to Look for in a Fintech Startup

Charity or Finance: Humaniq vs LakeBanker

Bounty Program

We offer a bounty program for Bitcointalk signatures, constructive support here and on Social Media. Full details in their own thread

lakebanker.com

We plan to spin off the LakeBanker project and launch an ICO (initial coin offering) very soon. A new token called banc (symbol BAC) will be issued to participants who contribute BTC and ETH.

Please check https://www.lakebtc.com/p/9347

And for the upcoming ICO, would like get the first taste? please contact help@lakebtc.com

In January 2017, LakeBTC had an interview with Oriental Daily, the mostly read newspaper in Hong Kong, China.

Yeah sure. LakeBTC began with bitcoin, and our goal is way beyond cryptocurrencies. Today, LakeBTC stands for Lake Blockchain Technology Company or Lake Banking Technology Company.

LakeBTC was started in early 2013 when bitcoin began to gain traction. Initially it was for professional traders and investors only. As lots of users from all over the world flooded in, we realized it is not just another sophisticated trading platform for wall street pros.

I remember there’s a user, who works in another country as a foreign labor, needs to send money to her children back at home. As you can image, she doesn’t earn much while the banks charge hefty fees on a simple wire transfer. Sadly, ripping off the poor is like a crime legalized by the governments.

Another user is still a student, who works as a part time designer/translator from customers from abroad. This freelance job does not generate lots of cash but it helps pay off his college tuition. Still, the current payment and currency exchange solutions available are either too expensive or troublesome. He’s looking for something simple, reliable, cheap, and free of chargebacks.

And there are many users, excluded by the traditional banking systems, who have some money to save and earn the interest, build the credit history, and get the credit line for their cars, homes, college, and small businesses. All of these stories shocked us and made us to review our original business model of LakeBTC. It’s hard to believe that in the United States, there are over 1/3 of the population that’s unbanked or underbanked. That is more than 100 million Americans! In the world there are billions and billions of people without bank accounts.

Some say banking is a privilege. This is not right. Banking service should be available to everybody, just like clean water and fresh air. LakeBTC does not want to become just a firm serving fund managers, rich individuals and professional speculators. LakeBTC wants to become the one who extends the comprehensive banking and financial services to the billions of unbanked people around the world, at very affordable fees or even free in the long run. We have the technology and business model, which generates profits (not by ripping off the poor, unlike the others).

Money should be able to flow freely, from one person to another, from one country to another, from one currency to another. Financial services industry is being over regulated, in many ways and in many countries. Everybody, especially the poor, is paying too much compliance taxes today. Yes, anti-money laundering and anti-terrorisms, investor protection are important, and financial firms should be regulated. But, there are something that the regulators should and can do. For example, different country, different agencies, lawmakers from the same jurisdiction can utilize modern technology to better and more efficiently do their jobs. In the future if cash is killed and all transactions move to blockchain and platforms like LakeBTC, it’s quite easy to detect and trace down illegal activities.

LakeBTC enforces AML and KYC from day one, and the bitcoin technology itself is public and transparent to everybody. We try to follow all applicable laws and regulations because we believe, staying compliant is to the best interest to all our users.

https://www.lakebtc.com/p/9342

Hi guys,

Long time no login the forum, and m here maybe a good news to you, we have found a number of market makers and cooperate with them, BTC/CAD, BTC/SGD, BTC/CHF, these trading are available now.

Deposits and withdrawals are recommended to use the Bank Wire transfer, since other payment methods have few LakeBankers are willing to accept. But the really exciting point is the strong scalability, if anyone would like to be a market maker who earn their profits from the BTC spread between major currency like USD and local currency like SGD prices, LakeBanker will be very suitable for him.

In any words, these three trading have been released, please enjoy

BTC/CAD https://www.lakebtc.com/trader?symbol=btccad
BTC/SGD https://www.lakebtc.com/trader?symbol=btcsgd
BTC/CHF https://www.lakebtc.com/trader?symbol=btcchf

Unlike the exchange trading feature we have been running for the past 3 years, OTC enables users to trade with each other directly using any currency and payment method convenient to both the buyer and the seller. It is especially appealing to users who trade in large volumes and/or use less popular currencies. Our goal is to make bitcoins more accessible to all users around the globe, regardless of where they live, what currencies they use, and how much money they have.

LakeBTC's product and development teams spend an enormouse amount time to streamline the OTC trading processes. Users will spend less time on negotiating the deal details such as payment methods, payment instructions. Just register all available External Accounts once, and they will be available for all OTC buy and OTC sell trades thereafter. Both average users and professional coin dealers will find it a lot easier to trade OTC at LakeBTC.


https://www.lakebtc.com/p/9325








For those of you who participated the campaign, please contact customer support to claim your promotional fee rates, which ends on March 21, 2016 (two months from today).

Happy New Year 2016

Our Dev is working on a new feature and it'll be available soon! And it will be launched in 2016 new year, wanna take a guess? Get 50% off for 2 months if u get it right!  

https://twitter.com/LakeBTC/status/682479219612454912


Upgrade!

Retweet your answer along with the image below, and get it 50% off for 2 months. If you get it right, get an extra 50% off -- that is completely free!

https://www.lakebtc.com/p/9323





EDIT2
For those of you who participated the campaign, please contact customer support to claim your promotional fee rates, which ends on March 21, 2016 (two months from today). https://www.lakebtc.com/p/9325

[Maker Only]

LakeBTC is pleased to introduce a new trade order attribute: Maker Only. All orders submitted with this attribute will be canceled automatically if they match with existing orders in the orderbook when submitted. Otherwise, they will be sitting in the orderbook, until they are matched or canceled by user.

This attribute is expected to help professional traders, liquidity providers, and arbitrageurs to better manage their orders and take advantage of LakeBTC's Maker-Taker fee structure, where trading fees for makers are as low as 0%. Ultimately all users will be benefited by seeing a more efficient market and better prices at LakeBTC.

Simply mark the check box next to "Maker Only" at the Buy Bitcoin or Sell Bitcoin pages and submit your order as usual. The Maker Only attribute will be indicated in the Order History page along with Dark Pool attribute.

Should you have any questions, please contact customer support by email.

Hello everyone,

As the title said, LakeBTC has recently launched three new trading, BTC/GBP, BTC/EUR, and BTC/JPY.


Now you can

deposit GBP with domestic bank transfer: https://www.lakebtc.com/deposits/new?currency=gbp

deposit EUR with sepa: https://www.lakebtc.com/deposits/new?currency=eur

deposit JPY with domestic bank transfer:  https://www.lakebtc.com/deposits/new?currency=jpy

withdrawal is also.



P.S  what payments are not appear above, and which payments would you like to be added for GBP, EUR ,or JPY? please tell us help@lakebtc.com
thanks much





And the trading api is available: https://www.lakebtc.com/s/api

There are sample codes in Node.JS, Ruby, Python, Java, PHP

Bitcoin exchange LakeBTC has enabled GBP and JPY deposits and added the option for customers to trade with the two currencies.



LakeBTC users can deposit GBP via a UK bank transfer, while JPY deposits can be made via a Japanese domestic bank transfer.

A spokesperson for the China-based exchange, currently ninth in terms of BTC/USD ($1,536,570) trading volume in the last 24 hours, said they were in the process of adding EUR deposits and BTC/EUR trading and hoped to enable the features in the next couple of weeks.

According to the spokesperson, the exchange is also looking to enable GBP, JPY and EUR withdrawals in the next couple of months.

http://www.coindesk.com/bitcoin-exchange-lakebtc-enables-gbp-and-jpy-trading/

How blockchain, the technology behind Bitcoin, could turn traditional banking on its head


Last year, in a commentary for Fortune called “Why banks fear Bitcoin,” MIT business professor Trond Undheim wrote that “banks are afraid of Bitcoin because it would force them to innovate.”

“Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve,”  Satoshi Nakamoto, the mysterious inventor of Bitcoin wrote in 2009.  “We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.” In some countries, banks even banned any transactions connected to Bitcoin.

But lately, banks have been warming to the technology behind Bitcoin, called blockchain — using it to innovate, in fact — having recognized the advantages of the lightning-fast, decentralized transaction verification system as having broad applications for transactions involving everything from stock trades to money and property transfers.


http://business.financialpost.com/news/fp-street/how-blockchain-the-technology-behind-bitcoin-could-turn-traditional-banking-on-its-head

Two Florida men were arrested Tuesday in connection with an Internet Bitcoin exchange that involved more than $1 million.

Authorities arrested Anthony R. Murgio, 31, of Tampa and Yuri Lebedev, 37, of Jacksonville.  Two other men were arrested in Israel, other media outlets have reported.

Since at least 2013, the U.S. Attorney’s Office for the Southern District of New York said Murgio, Lebedev and their co-conspirators operated the Bitcoin operation in violation of federal anti-money laundering laws.

Federal authorities said the suspects’ customers would exchange cash for Bitcoins and were charged a fee for the service.


[...]

http://www.wptv.com/news/region-c-palm-beach-county/west-palm-beach/2-florida-men-charged-in-illegal-bitcoin-operation

[Assuming, that is, that one ends up using whatever tiny portion of the alt-coin universe that is not simply an out-and-out scam.]

Someone has finally managed to find a decent economic use for Bitcoin. This isn't what those of us interested in the nitty-gritty of economics ever really expected, to be quite frank.

All of which makes sense given the porous ban on exporting capital from China. (Even LakeBTC, a bitcoin exchange headquartered in Shanghai, is seeing a 40% increase in visitors using computers in Greece.)

Of course, he billionaires aren't having such problems but China's economic development has been so staggering that there's a vast middle class there now.

That is, people who really wouldn't mind getting a few tens of thousands of $ out of the country and into somewhere where you know that the law allows you to keep your own money. Once you're actually in that alt-coin world those bans on moving money across borders rather disappear.

[...]

http://www.theregister.co.uk/2015/07/16/bitcoin_fixes_one_greek_problem_but_not_greeces_problem/


But in the end of article, the author assumes that Assuming, that is, that one ends up using whatever tiny portion of the alt-coin universe that is not simply an out-and-out scam.

[Bitcoin]

How Future Bitcoin Can Prevent a Future Greece?


Bitcoin, the volatile digital currency, cannot help the Greeks of today. But it could mean a great deal to those caught up in currency crises to come.

For the average Greek, getting one’s hands on bitcoin requires buying it with euros—the last thing any sane Greek would give up. That’s why the bitcoin of today has no bearing on what could easily become a humanitarian crisis.

But Bitcoin is at an inflection point, and it’s evolving much more quickly than all but its most dedicated observers realize. Whatever happens to bitcoin itself, the technology underlying it opens up previously unimagined possibilities for the future of just about anything humans exchange.

[...]

http://www.wsj.com/articles/how-future-bitcoin-can-prevent-a-future-greece-1436744064