$2,000 is really not very much money. If you cannot afford to hold that much BNB, chances are it is probably not appropriate for you to be participating in an IEO.

Ultimately, the goal of binance is to maximize the long term profits of their shareholders. They are going to implement their IEO structure in a way that maximizes their long term revenue, not to "help" the "common man"

Are you able to convert your cash into a stablecoin?

What interest rate are you offering?

What is the purpose of your loan?

I don't understand why you would want to use $150k to buy 20 BTC, and subsequently short 20 BTC. Why would you not just use the $150k to buy whatever it is you wanted to buy

If someone committed a crime in Mexico City, if you are aware of this, and help the criminal hide the fact they were in Mexico City on the date of the crime, you are an accessory after the fact, and are breaking the law. If you are helping someone who did not break any law hide the fact they were on Mexico City on April 12, you are not doing anything wrong.

To me, it looks like Bestmixer is trying to prevent themselves from breaking the law, and getting into trouble with the authorities. They also probably are trying to avoid being subjected to jurisdiction by US regulators.

Having "freedom" does not mean someone is free to do anything they want, even if it is harmful to others. I would define it as not being subjected to arbitrary rules that only protect you from yourself, or do not protect anyone at all.

I am not inclined to create a new thread regarding the subject. I do not believe any of this makes Bestmixer untrustworthy, if anything it makes them more trustworthy because they are showing some kind of effort to not deliver coins associated with past bad activity to their customers.

I think it is time to stop trolling and lock this thread.

I would encourage you to review this bitcoin address. I have a good reason to believe it belongs to binance, being one of their cold storage addresses. This proves they have at least $400mm worth of bitcoin either belonging to themselves or their customers. I believe cold storage to be a better indicator of real volume, even if indirectly so, because it cannot be faked. An exchange with fake volume can display bids and asks that indicate deep order books that get pulled when someone tries to trade against the orders. It can also have money on another exchange with real volume, and leverage the other exchange's order book. I also read this report last year, but I like to do my own research.


I was under the impression binance did not serve customers in NY state, upon a review of their TOS, I am unable to find any prohibition of NY customers, although perhaps they will ask upon having information suggesting a customer resides in NY state. If a NY regulator were to try to impose any regulatory actions against binance, they would need to get the Japanese or Tawian government to agree to help, and perhaps the US State department before they can even contact either of these.

If someone was laundering money, they would probably not use Coinbase to use fiat to buy bitcoin to send to binance. Transaction history of inputs is publicly available on the blockchain, but with advanced analysis, it can to determined even if mixers are used.

The privacy policy of most major exchanges prohibit them from sharing customer specific information with eachother. They may share more general information about their coin holdings, such as if a specific address belongs to the exchange, if an address was used to receive a customer deposit, or if a specific transaction was used to process a customer withdrawal. They will probably not disclose (they should not) if two deposit addresses, or two withdrawal transactions belong to the same customer.

Splitting keys up and storing them in two locations will increase security from that of the location with the lessor security that holds each of the 12 words. I will explain why:

If an attacker is able to obtain 12 of the 24 words of your BIP 39 seed, they will not immediately have knowledge of your seed. The attacker will need to do additional work to determine your seed, but as you note, the work is less than is required to determine a seed without knowledge of any of the words. This is opposed to storing the entire 24 word seed in the less secure location, and as soon as the attacker breaks into this location, they have knowledge of your entire seed.

Splitting up private keys, and word seeds is actually common for big businesses to employ. I cannot speak to their current setup, and should not speak to specifics, but Coinbase used to do something very similar to splitting up the private keys to their cold storage into multiple parts, except it was not stored online in any way, and it was split up into more than two parts.

If you have a robust way to detect unauthorized access into whatever medium of storage your backups are behing held in, you should have enough time to move your coins into an address controlled by private keys that are not compromised.

There are many exchanges that display fake volumes in order to command higher listing fees from potential coin developers. Most of these exchanges have little, if any real customers, or real trading volume, and they are probably not safe to entrust with a deposit to buy/sell coins.

Binance is the only reputable exchange I am aware of that will charge a listing fee, but I am unsure how much they charge, probably more than 2 ETH. If I were a coin dev, or was behind the creation of a new coin, I would be hesitant to pay to list my coin, I would rather an exchange list my coin because they believe they will earn a lot via trading commissions via real trading.  

I can't find any exchanges that trade your offered collateral, but why do you not trade the collateral you are offering on an exchange for the 1 ETH you need?

I am not confident I am understanding the question in the OP.....

It is not normal to expect to earn money while you are learning. Students typically will actually pay to gain an education, but sometimes work limited hours earning less than they might otherwise if the student was not in school. This is why many businesses give discounted rates for services and goods to people they can verify to be a student.

At the completion of your education, a student will no longer be a student, and can expect to leverage his newly acquired knowledge to earn a higher income.

If you want to get into "trading" I would say you should start with smaller sized trades before risking larger amounts on a single deal that has the potential to go wrong. You may want to wait until you have successfully spotted and stopped sizeable losses resulting in someone trying to swindle you until you move into larger, more profitable trades, that also entail a higher probability of losses.

Some have speculated you are considering using that tiny signature of yours to advertise a business while you "lean" and I would ask that you not do this. Please wait until you can discuss the subject matter with ease before you have an incentive to write more posts.

The best method to store an offsite backup is a safety deposit box, or a second property you own that is separate from your house. Period. Anything else is going to be inferior to either of these options.

Using a cloud storage provider or email is complicated, and is much less ideal. I will examine them below.

I will assume you access your email from the same physical location you access your wallet, so if your on-side wallet backups are destroyed, chances are the computer you normally access your email account will also be destroyed. This means you will need to be in a position to memorize your email password, or memorize the password manager password that can be accessed from the cloud. If you cannot memorize your email password, then you will need to be in a position to reset your email password, and if your email provider allows this, anyone who knows the answers to your reset questions can potentially reset your password.

Similarly, if you use 2FA to secure your email account, chances are high whatever device you use to generate a 2FA code will also be destroyed if your on-side backups are destroyed. Although this may not be the case if you use your phone for 2FA, that you keep on your personal at all times. If you lose access to the device you use for 2FA, then you would need to use some kind of off-site backup of your 2FA codes, but this ultimately would need to be kept someplace separate, and not protected via 2FA. If your 2FA off-site backup is stored in the same place as your off-site backup for your bitcoin keys, you will not be able to access your 2FA keys or your bitcoin keys. If you use SMS as 2FA, you will be able to procure a new phone with your existing number, but your number may also be stolen via social engineering.

Using a cloud storage provider will be incrementally more secure, but not by very much. There are similar issues with accessing your cloud storage provider as an email account discussed above. If your on-site computer is destroyed, and cannot access your password, you could reset your email password, and use your email to access your cloud storage account password, both without using 2FA. This will mean you will be faced with challenges from two entities, and two entities will possibly be suspicious of attempts to reset passwords to your accounts.

You can hide your backup keys within another file, but if someone is hacking your email/cloud storage account, there is a good chance they are doing so because they think they have a good reason to believe there is valuable information stored in your account. In general, a hacker will not want to invest a lot of resources into hacking an account that they don't believe will reveal something valuable. This means, anyone with unauthorized access to your account will know to look in creative places.

You can use an encryption password to secure files stored in an email/cloud storage account, but this must to memorized because this password cannot be reset. As discussed above, if your password is too complex, you may forget it in a year when you have not used it for a long time.

In summary, you should keep off-site backups in a safe deposit box, or a property you own that is separate in location from where your on-side backups are located. If you are not in a position to use either of these, you should put yourself in a position to use one of these options.

The most interesting part of the policy is:
It is pretty well known that a problem on LBC is the use of sock puppet accounts to boost various scores/ratings, either done yourself, or purchased from some third party "SEO boosting" service.

I believe this is being done to combat this kind of abuse.

I am looking at your merit score, and you cannot afford the pencil

I would invite all of you to review this thread. An attacker can use the "services" of a mixer, and use advanced blockchain analysis to determine most if not all of the addresses used by the mixer, and can use additional analysis to trace specific transactions.

PS - sending coins to a single intermediary address is not going to enhance privacy more than marginally

Someone should invite this guy to post in this thread 

'ok-aurus' is very clearly trying to troll in order to obtain the max negative trust score.

He went from -512 to -9999 in one day, and he was "only" -32 at the start of the year.

I would ignore him, and he will go away. If an idiot tried to send him money, he would probably not even reply with a btc address to send coin to. Anyone who sends coin to him is going to eventually lose their coin anyway because his scam attempts are transparent and lazy.

My private key:
My public address:

Please no unsolicited payments. I will not be responsible for returning anything sent to this address.

The loan you are asking for involves a lot of complexity that probably less than 10 people on the entire forum have the non-financial resources to even get the paperwork in order for this loan (this is skipping over the part about performing due diligence) so that the terms of your loan proposal are binding.

You are free to solicit your loan how and where you wish, but I find it unlikely anyone will be willing to lend you to around here (assuming this is not a scam attempt - it may be, I don't know one way or another).

There are a number of crowd funding websites, and 'angel funding' websites that would probably be better suited for what you are trying to do.   

That is the source code when you visit KYC verification page, but there is not anything stopping a different source code when someone else visits that page.

The chances of this happening are very low (close to zero).

Do you want to trade for a pencil?

For the super paranoid, you should verify this information yourself. In theory, this whole April Fools prank could be a ruse to try to get xx user's private information if there was some good reason (such as a national security subpoena) to try to get their information. I think the chances of that are low.

Alternatively, you can leave all the fields blank, and the KYC request at the top of every page will go away.

I don't have enough merit to buy the Mug, nor the Condom.