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WebGuy

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Posts posted by WebGuy

  1. 12 hours ago, Crossy said:

     

    As @Saltire mentions, you need a Work Permit even to volunteer.

    Yes, this is a good point.

    My wife says I should volunteer in order to have this counted when applying for the permanent residency.

    I say to her I need a WP and she looks at me surprised.

     

    Not sure the local school will go through the whole WP process hassle for me to volunteer for them 4 times a year, for example.

  2. 2 hours ago, thaiflyer1 said:

    In my never ending quest to bring you cheap beer , after leaving the 44 baht a bottle bar in Soi Lk last night took a left onto Soi Buakhao and 10m on the left found.........39 baht a bottle, all beers, all day and night......with a live band............beat that if you can.............band was easy listening

     

    1 (2).jpg2 (2).jpg

    The never ending quest for the universal truth. Thank you for this

     

     

  3. 9 minutes ago, how241 said:

    This question is off topic but I remember  reading that it costs around $5-$7 a ounce to get silver out of the ground and around $1,100 a ounce to mine gold  so why is the price so high when they can always mine more gold and silver,  unlike Bitcoin. I guess there is a lot of lag time to restart up gold mines. 

    The same question could apply for example for dollar. Why is it still so high when they print money a lot?

    It shows that fiat is flexible for manipulation unlike it will bitcoin be when it hits its maximum of 21 million coins.

    This begs other questions i.e. is it good for currencies to be flexible/ inflexible, obviously economies are something flexible so why would any government use inflexible currency?

    Is it good or bad, would all the human society be able to use 21 million bitcoins, what if some government is in possession of bitcoin majority/ could they somehow manipulate to hurt other economies?

    This all is quite unexplored but at the moment it is important that bitcoin has its value / purpose. What is coming later is quite speculative and our discussion could go to eternity ????

  4. 46 minutes ago, allanos said:

    Bitcoin cannot be banned because it is decentralised.  Most altcoins have so-called "use cases", i.e. they are designed and created for a particular purpose.  Bitcoin's market cap is far and away higher than any other, but Etherium, in some respects, has a better use case.  There is no question that BTC is the market leader, and will continue to be so for a number of years. Those that believe it is simply a way for crooks and money-launderers to move their funds around are very wide-of-the-mark.

     

    Bitcoin's recent "halving" event has yet to kick in fully, but already the price has risen by a couple of thousand dollars.  ETH 2.0 will be launched shortly, and we should expect the price to rise substantially.  It is already moving higher.

     

    There is not much point in buying other tokens beyond the above two, unless one does a bit of decent research on the various use cases and underlying technologies, to get a handle on their future potential.  Or, one can buy say a basket of 5-10, and hope that one or two shoot to the moon at some point.

     

    As to whether smart money is investing in BTC, take a look at Greyscale Investments LLC, who have recently been buying 150% of newly-mined BTC.  You can also take a look at the GLASNODE site, which gives free on-chain metrics and charts of various kinds, where, among other things, they analyse the BTC holdings by the so-called "whales".  It's quite informative.  You have to ask why the whales aren't selling.  Surely, it is the belief that the long-term price and value of BTC is expected to rise?

     

    Bitcoin is finite.  It cannot be mined beyond 21 million coins.  In the not-too-distant-future, as BTC exposure takes hold with the public at large, who will realise that the recent printing of 20 trillion dollars of additional fiat by various governments around the world is inflationary and eroding the buying power of their hard-earned bucks, we can expect the law of supply and demand kick in.  Just as gold has the potential to reach $5000.00 within the next 5 years or so, BTC has the potential to go to $100 000.00 in the same time span.

    Nice description. So it is not about in which ones not to invest but in which ones to invest. Thus, the answer to this post would be, invest in bitcoin and etherium and if you really want to gamble, invest in some s h_ t coins and who knows, maybe something happens

    • Thanks 1
  5. The Goverments can and probably will eventually create their cryptocurrency and some of them have alreadu done that. However, although the do that, it will.be as same as fiat because it will be centralized. 

    On the other hand, bitcoin is decentralized and real need for it exists. Otherwise, it would not exist anymore but woul disappear long ago. 

    If you would like to make a long term investment, bitcoin and etherium would be the right choice. By other words, invest and forget.

     

    Finally, if you have enough time to learn and follow the markets as a full time job, then you can get involved with s h _ _ coins.

    • Like 2
  6. I guess the bars are urged to somehow initiate customers' attraction due to Covid devastated their businesses.

    As soon as the borders open, the prices are going to skyrocket. This price of beer is reflection of demand / supply of customers.

     

    So let's enjoy while we can ????

  7. I smoke 10 cigarettes a day, sometimes 15. If I drink beer it is up to 20.

    I haven't smoked and drunk for the last 15 days and do not have any issues except one and that is, I like to smoke. I don't think I am nicotine addicted due to no cold turkey etc. However, I think I am mentally addicted. Smoking is a ritual to me. For example, when I need to focus to something very deeply, studying something then I enjoy my coffee and cigarette slowly.

     

    Not sure how can I get rid of this mental addiction.

    • Like 1
  8. Yes, body and mind must be kept busy.

    Exercise. Swimming, hiking, table tennis, badminton ...

    Learn something new. If you have plenty of time, you can start learning Thai, Chinese or Japanese or some programming language. Or read about the Fourth industrial revolution. Anyway, do something that you can build on through time and see the progress. 

     

    But in general, mind and body must be busy. At the beginning you may not feel the positive effects in this but in time they will come. That's a kind of life battle and try to understand it that way. Some kind of price due to everyone is paying a price in life. If there is no battle, life does not have sense (the word "battle" is used as a metaphor).

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