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kawaiimomo

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Posts posted by kawaiimomo

  1. Hi all,

    the past June 24th I posted on here about renewing my WP which expired on June 19th http://www.thaivisa.com/forum/topic/737189-expired-work-permit-what-happens-with-the-visa-extension/

    My company tried to renew it but Labour said we needed to apply for a new one. My boss said he called immigration and they told him the visa would be fine if we applied for a new WP in less than 30 days. What a big mistake to believe that. I read in many places that after WP cancellation or expiry one must leave the country in 24 h or apply for a 7 day extension, and that's exactly what the officer told me today: That WP and visa extension are linked, so no WP = no permission to stay.

    So on July 4th I got my new WP and everything seemed fine. Some weeks after that I went to immigration for my 90 day report and fine again. Today I went to do the visa extension based on the WP, as the current extension is expiring on September 9th. The officer face was like "<deleted>, this WP is new and the visa has been extended for almost 3 years now". After explaining that we forgot about the previous WP expiration date and that we applied for a new one, she told us that I would be fine if the gap between both WP is less than 40 days and that I should just pay the overstay for that gap (luckily this is the case, just 15 days). But then she got more strict checking even the office pictures.

    She also found out that the company revenue document was not the latest updated one and required it. She told us to come back on Monday with a copy of the previous WP from Labour and the updated revenue document. She actually told me I got 2 options, get the copy of the old WP, that revenue doc and pay the overstay, or leave the country and apply for a new non-B. First question that comes to mind is: Does overstay still apply if I leave the country? I guess this overstay is not something that will be noticed unless the WP is checked (but it looks like they are currently checking it based on several posts here).

    The funny (although I want to cry not laugh) is that my current company didn't yet submit the updated revenue, and it takes about 7 days upon submission. So now I don't know what to do :-( I got the feeling that the current overstay is since the last WP expiration unless they accept the visa extension application, which will then be just the gap between both WP. She showed me that document about the 90 days overstay = 1 year blacklisted, and she told me I would be blacklisted.

    I know this is a tough question but what would you do?

    To add more variables, I am moving to another company by next month. This visa extension has been processed in order to cover part of my 30 day notice period because my current extension will expire in the middle of it. I guess my question is: Should I wait for this revenue doc and risk to get into deeper trouble, or should I just explain this situation to the new company and apply for WP, go to Vientiane and get a new non-B with this company and $@# the current one?

    I am really lost and scared about the blacklisting. I have a soon-to-be wife and my cats here, I could go back to my country and bring her with me but for sure I don't want to put the cats through the long flight and the quarantine period.

    Help please! Any advice will be more than welcomed!!!

  2. Hi there,

    I just realized that my work permit expired last week (June 19th). I have been on this same permit + extension for 2 years and same case for the non-B visa. On last Friday (June 20th), my 90 days report was due so I went to immigration and got a new 90 days receipt.

    To my limited understanding, the visa extension I am currently on became invalid from the moment the work permit expired so I am currently staying illegally in the country. Is that correct? Still, it is strange that immigration processed my 90 days report as if the visa was still valid.

    If my assumption is correct and the extension is no longer valid, what should be my next steps? Should I leave and get a new Visa in a neighbouring country? Could I somehow get a 7 days extension and apply for a new work permit?

    Help please!

  3. Thanks for your answers guys. One of my Thai friends told me the bank called her once asking to send back the money which have been transferred to her by error, threatening to go to the police LOL. I guess they have some mechanism but they would need to fill in a lot of paperwork, so that's why it is easy to call and ask to send the money back.

    Funny that bitcoinbob was one of the posters answering as I was selling bitcoins and worried that some guy could reverse the transfer while bitcoins transfers can not be reversed ;-)

  4. I am a bit confused, not sure if I missed the 90 day report or not.

    My non B extension was valid until the past September 9th, and I was due to do the report somewhere around august but I left the country with a reentry permit and come back on July 25th (So I understand the 90 day report started to count from that day). I then renewed my work permit and applied for a new extension around mid August and was stamped the 1 month extension while the application was "under consideration" until September 12th. On that day the 1 year extension was stamped on my passport.

    It is my thinking that I must report 90 days since September 12th, which would be December 11th. Am I correct or wrong and I should be ready to hand over the fine?

  5. Where do you go if you pau for some goods via a bank transfer and the seller don't send you anything? What happens 99% of the time when you sell something to a buyer paying with PayPal and he opens a dispute saying he didn't receive the goods? Escrow systems are the best, but every single method require of a certain trust. Escrow combined with reputation systems works probably the best.

  6. It is really pathetic. I am a software developer dealing with lots of last year uni students who come to do their internship at our company. I am yet to find one who actually likes or want to do some coding or knows how, all of them are studying computer science, software engineering or the like. When you ask them what they want to work on, they answer doing documents, testing,manager, etc

    Why in earth do they study this is the want to do documentation? Or how the hell do you want to be a system architect if you can't even write a simple program?

    Classes don't make any difference, I have found the richest guys to be the worst. Perfect English, studied in inter national schools whatever, they are useless. I would put them to work as plain labour in a construction site (and I am sure they would still do something wrong). Of course, on Facebook, line, or downloading bit torrents with the office networks, on that they are good.

    Now I am helping a Thai friend with his startup, currently trying to find some developers. We posted offers in several job offers webs and we are getting extremely fee candidates, and most of them really suck. I know there are a few good developers here, I meet several companies with excellent tech people, it looks like they setup their own company so they don't need to deal with the useless ones.

  7. Good points, although I don't agree on some of them :-P For instance I really the governments messing with everything to give a fake sense of security. I mean, look at the economy. Dollars and Euros are stable but I don't see what's good about that if people can't get money for buying things.

    There was an article yesterday in wired with interesting views on the deflationary thing and holding it http://wired.com/wiredenterprise/2013/11/bitcoin-and-deflation . Some people talk about this deflation in term of goods pricing oscillating but I don't think we will be able to see that in many decades. Most products paid with bitcoin are still calculating the price based on the real time USD/BTC value so it is really priced in fiat currency but you do the transaction in BTC, even the shady markets as silk road or black market reloaded do that (I can't see a dealer pricing a kilo of coke in BTC and exposing himself to the current value volatility).

    I think most of the problems/incredulity now are related to the volatility, which I think it will kinda go away as BTC becomes more mainstream. As I said, for me the current states is good for speculating with high risks because it can go down the same it goes up.

  8. No, I was saying that it costs money (fees) to convert bitcoin into and out of fiat money.

    Bitcoin will only work if there is wide spread acceptance into mainstream society.

    for example. say i am thai and work in USA and need to send money home. no reason to buy bit coin that does not save me anything unless i am doing something illegal to earn my money and cant legally send it without raising flags.

    most of Bitcoin's value comes from its anonymity, it is just that it serves little purpose for regular people to use.

    I think that is the case now. I agree with you on everything being easier as it become mainstream. For instance that could mean more exchanges being created, thus lower fees to just withdraw/deposit due to competition.

    But following with your example, there's nothing stopping anyone from create a physical money transfer service. So you, being Thai and working in the US, could pay cash to that service and they would just make a transfer to your family wallet (Or it could be a similar service running locally here, so you family would just need to go to the booth and get the money). Something similar to what Arab people have been doing for so long with those international money transfer system they use that doesn't move the money around.

    Just an example, although in this case you would lose the anonymity. I think the big majority of people couldn't care less about anonymity, what they care about is about banks and governments having the control.

  9. While I never had any problem with them, nothing really would stop them to receive the bank transfer and don't transfer the bitcoins if they wanted to scam you. Again, they always did the transfer fast in my case.

    Of course, the main difference with localbitcoins if the escrow system. I never had any trouble there, although I always deal with the people with good reputation. I guess if you had a problem and you could demonstrate you did the transfer, they would release the bitcoins from escrow to you (or I would like to think that).

    I have been searching for more Thai based exchanges and there are extremely few and very pricey. I believe there is a good opportunity for opening a local exchange if you can keep the prices competitive. I would be doing that myself if I had the funds, but I only have the technical knowledge :-P

  10. Amen to that, DiamonKind. Well put.

    I have some questions for the more experienced traders (or just buyers) here. I have been buying at bahtcoin.com but they are most of the time out of stock and it sells pretty fast when they replenish their stock. Localbitcoins.com is safer and usually faster, but the price can't compete with the one at bahtcoin.com. I also registered in almost all of the big and medium exchanges but all of them require verification with a scan of your utility bills. So anyone was able to get verified with a bill with the address in Thai? I asked to some of them and they required a notarised transcription (no idea either on where to do that kind of certified translation).

    Again, where are you guys buying? My money is in THB and in local banks, I don't want to pay the fees and waste the time with international transfers. Any fast and cheap option for people like me who want to buy?

  11. Seems to be a lot of people making posts without really reading about how it works. I'm not surprised as my own Congress can't really get their head around it. To answer the question about "nothing stopping an infinite number of new cryptocurrencies being created", you have to understand that with the support of miners, Bitcoin currency is possible. If you don't quite understand what that means, then please read this article: http://www.abc.net.au/technology/articles/2013/09/25/3855973.htm

    No we understand just fine. The pace at which the supply of cryptocurrencies are created is limited, but not the overall supply. The fact that there will be only 21 million BTC is meaningless.

    Also, the US gov is interested in Bitcoin because 14 year olds could buy heroin on the internet and have it delivered to their mail box. It is not because "BITCOIN IS A THREAT TO THE BANKSTERS EVIL EMPIRE AND SATAN'S EVIL FIAT MONETARY SYSTEM WHICH MAKES WAR POSSIBLE ALEX JONES FOR PRESIDENT".

    Do you really believe all that BS about drugs dealing? You can buy drugs paying in BTC the same you can do by sending banknotes by mail or by doing bank transfers smaller enough to not be detected. For several years people have been selling ganja online using those methods. Sure the offer is better now because dealers see the .onion Tor websites + BTC secure enough, but this is just responding to an existing demand. I am glad that users can now buy some drugs without the need to enter dangerous neighborhoods. As for kids buying, if that is the case then the parents are not really keeping an eye on their kids (how are they getting the bank accounts, money, passing the exchange sites verifications, etc in the first place). Whatever it is your position on drugs, arms, etc that is no reason to demonize the cryptocurrencies. If the governments really care about this besides the revenue they could be getting from it, then go to prosecute the dealers, the people producing child porno, etc IN THE REAL WORLD and leave the BTC and internet alone.

  12. As I read this and with some help from a friend, the headlines are not in line with the actual facts. The "bitcoin officials" are a bitcoin exchange and there wasn't a law passed making bitcoins illegal. But there is a legal issue to be resolved.

    I am repeatedly impressed by bitcoin experts who read about it one time when it was in the news that time when they were drinking coffee that time at that place in that other place once.

    Yes. The "Foreign Exchange Administration and Policy Department" is not a legislative body. They can not ban something. They can, however, interpret law. But all they are saying is there is no law. Something is wrong with a person that can say something is illegal because there is a lack of laws. That's not how it works.

    However, that didn't stop mods from closing a thread discussing BTC.

  13. Becton is finite. Let's say that all the Bitcoin that can be created is created.

    Now let's say that the sneaky Satoshi guy decides to make

    Bittycoin which is just like Bitcoin except it is called BittyCoin and the process all starts over again.

    But Bitcoin is finite guys. Bittycoin has a different name.

    Haha, got your point. But this new coin should go all over the process again in order to gain the momentum BTC is currently experiencing. In this case I would think one of the other cryptocurrencies would probably be in a better position to do so.

    Talking about the positive feedback, I wanted to buy BTC some 4 or 5 days ago so I began keeping track of the price. It was as low as 307, I was waiting for it to go under 200 USD. It is now at 440 and the $@#$@ is not dropping yet. This volatility that the critics complain about is what it makes it so interesting for me, huge profits (or loses) can be made in a matter of days or hours! :-D

  14. Bitcoin is many things, not just a speculative tool. Research will help overcome any doubts. Not a problem paying bank transfers to buy, the gains outweigh the cost.

    I've been researching for some time already, and I agree with your opinion about BTC not just being a speculative tool. The way I see it is as a commodity like gold or oil, something finite that it is still being mined.

    Bitcoin is finite? What is stopping the next electronic money from being created? You already have a bunch of copycats. People are interested in BTC because it's value is steadily rising creating a positive feedback loop. Your analogies and theories are all very flawed.

    Is finite because there's a limit on the total amount of BTC that can be created. There are a lot of copycats but none seems to get as popular as the original, and I don't think they will ever do. Maybe you can spend some time explaining me why are my thoughts so flawed, I would certainly appreciate it.

  15. Bitcoin is many things, not just a speculative tool. Research will help overcome any doubts. Not a problem paying bank transfers to buy, the gains outweigh the cost.

    I've been researching for some time already, and I agree with your opinion about BTC not just being a speculative tool. The way I see it is as a commodity like gold or oil, something finite that it is still being mined.

    Bitcoin is finite? What is stopping the next electronic money from being created? You already have a bunch of copycats. People are interested in BTC because it's value is steadily rising creating a positive feedback loop. Your analogies and theories are all very flawed.

    Is finite because there's a limit on the total amount of BTC that can be created. There are a lot of copycats but none seems to get as popular as the original, and I don't think they will ever do. Maybe you can spend some time explaining me why are my thoughts so flawed, I would certainly appreciate it.

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