it's crazy!

is steemit a big scam??

["Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech."]

The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech.

Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.”

[...]

Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO.

So that's the reason why the bitcoin price down after her speech without rising

http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china

[0.05% trading fee]

That is undoubtedly a major positive for daytrader, we just need to reply our account UID to the thread, then enjoying the discount of 0.05% trading fee and 0.1% withdraw fee, more all deposit is free! I think that we can't find a lower rate than it.

As promised, LakeBTC is adjusting the fee structures by introducing the maker-taker model. And, to get more users try it out, we are offering an unprecedented low trading and withdrawals rates during the promotional period. You may get 0.05% or FREE trading, 0.1% for USD withdrawal, and 0.0001 BTC for bitcoin withdrawals.

https://www.lakebtc.com/p/7015?locale=en

Maker-Taker Promotion

As promised, we are introducing the maker-taker fee structure and to encourage more users try it out, the following promotional rates are in effect starting from Oct 12 6am (UTC) to Oct 31, 2014.

	Operation	Promotional Fee
	Deposit	FREE
	Trading - Taker	0.2%
	Trading - Maker	0%, if your past-30 day volume exceeds 2000 BTC. 0.05%, if you retweet or reply with your UID in bitcointalk See below for details. 0.15%, otherwise.
	Withdrawal - USD	0.1% + 5 USD, if you retweet or reply your UID in bitcointalk. See below for details. 0.2% + 5 USD, otherwise bank/3rd-party fees not included.
	Withdrawal - BTC	0.0001 BTC

detail: https://www.lakebtc.com/s/fees?locale=en

In any case, they just only simply buy and sell, there is no leverage and other financial derivatives on exchanges, like bitstamp, lakebtc and etc. how do they profit it? and its only provide bitcoin service on them, even lakebtc trading fee is free for CNY, are they a charitable organization?

To see a lot of people in forum buying and selling BTC on Paypal
How is paypal have this function? never tried I.
Who can told me in detail.