allanos
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Posts posted by allanos
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Clearly the OP has never lived in Africa!
He would be outraged at every turn. Thailand is an absolute pleasure, by comparison.
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I'm speaking under correction, but I think the Thai tax authorities have kicked the can down the road, for now.
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PayPal has done cross-border instant payments since the early 2000s.
There is something the poster clearly does not understand here.
Payments systems using the bitcoin network, like Lightning, are instantaneous, and IRREVERSIBLE.
Final settlement is immediate
In the case of banks, Pay Pal etc, final settlement can take up to ten days, and transactions can be reversed within that time frame.
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13 minutes ago, lkn said:
This does not exclude it being a ponzi, and furthermore, the finite amount is pretty questionable. Yes, there will only be 21 million bitcoins, but then we have a handful of forks, each adding another 21 million, and then we have split one bitcoin into 100 million satoshis, so multiplying by 100 million, and then we actually trade bitcoin in USDT and other stable coins, which seems to have near infinite supply without anything backing them, and then we have MicroStrategy as a proxy for buying bitcoins, which can issue infinite stocks, etc.
But what does it even mean? It is just numbers, nothing underlies it, no value generated, and that is why it resembles a ponzi so much.
Sorry chum, your ignorance of, in particular, Bitcoin, is shining through with everything you post. A million bitcoin forks can be attempted, but none of them will replace Bitcoin. Reason? There will be zero adoption.
As to MicroStrategy, their capital structure cannot be infinitely diluted. That would be plain dumb.
Blackrock, with ten trillion dollars AUM is a substantial shareholder. Do you seriously think they are going to underwrite a Ponzi scheme?
I have now concluded your are trolling and shall no longer respond to your posts.
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1 hour ago, Longwood50 said:
You are correct. typo. There are many ways to make money. You can go to Las Vegas and bet on red vs black at the roulette wheel also. I have to admit to not being an expert in crypto currency. However my years in the investment business always taught me the value of an investment was a multiple of a businesses expected profits. An earning multiple. Cryto is really a commodity but unlike a true commodity such as oil, soybeans, orange juice etc it really doesn't exist.
Value is determined by "perception" When people perceive something has value they price it accordingly. Perhaps I am naïve but the only way cryto appreciates in value is because a new purchaser is willing to pay more for it than the person who already owns it. It can not generate income. Contrast that to Apple who makes products and sells services. Apple sales and profits can increase which in turn makes the owning the company more desirable to own and hence valuable. Perhaps there will be many who make vast fortunes in crypto currency. I personally don't like investing where the only avenue for making a gain is someone who is a bigger fool than I am for buying the intangible in the first place.Will you change your thesis when Apple buys Bitcoin for its Treasury? (It's gonna happen)!
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Some of the authors here have a misconception about what is a Ponzi scheme, and apply it, in their deluded minds, to Bitcoin. A true Ponzi scheme operates on the "Robbing Peter to pay Paul" principle, once a number of Peters are snagged into a scheme, so Paul gets paid out his investment, with interest. Bitcoin cannot, and does not, possibly work on such a tenuous foundation.
The components which make up what we know as Bitcoin, a tier-1 blockchain product, have a true, albeit non-tangible value. Those who understand that, together with the power behind the Metcalfe's Law principle of the value of a network, are very aware that Bitcoin is a valuable "commodity".
Bitcoin is far outstripping the adoption metrics of the internet in its first twelve years or so, by some 60-80%. It's not going away.
As to the early days of tech companies, I was shot down when I said that in Amazon's early days its stock value plummeted by 80%. Bitcoin can be almost as volatile. Both Amazon and Bitcoin are still around. Over 105 million people around the world have adopted Bitcoin at this point; it is expected there will be over one billion by 2025. This will be the monetary network described by Metcalfe's Law. Try to put a value on one Bitcoin, then, when the number of Bitcoin ever to be produced will only be 21 million.
Incidentally, if all the millionaires in the world tried to buy one bitcoin, NOW, they would not be able to. They might be lucky enough to buy one-half a bitcoin.
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1 hour ago, Sheryl said:
As others have explained there is indeed a downside and no responsible doctor will implant you without a definitive biopsy first.
Treatment in India will be far less expensive than Thailand. Do your research though to select good hospital & doctor in India.
Thank you, Sheryl, very kindly for your excellent advice, which I fully accept. You will understand that I am exploring possibilities, answers to which are leading me in the right direction.
Take care
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56 minutes ago, dj230 said:
Just because something is a Ponzi doesn't mean you can't make money on the way up, that's how ponzi's work
Curious education background in tech, school/degrees?
Learning how to not fall for typical gambling mentality helps a lot with trading, it really isn't that hard to make profits in the stock market if you understand how to calculate risk / reward. A lot of my profits were just from small trades adding up and compounding. 2-5% each trade, sometimes 10-20% a trade if I got lucky, I sell all my loses quickly, don't have much losing trades and if I do they're all miniscule. Unfortunately most people don't, they just buy and hold all the way down.
I was in high school in 2012, was suggested to buy some from a close friend, was too skeptical for me even though I had a decent amount saved by then. I make my calculations based off risk/reward, and bitcoin then and now has too much risk for the reward. Congrats on buying it early on, will see if the Ponzi can continue though. I'm surprised you're still working with such a big win on bitcoin buying at 2013, you must have made tens of millions? I myself have already quit work, I just trade & invest for income now.
It's down near 50% from all time highs, gambler/bagholder mentality, lots of people saying the same about GameStop's stock and AMC stock, "it'll come back one day"
It is not clear how you have been smart enough to calculate the risk/ reward at any stage of Bitcoin's upward trajectory.
The downside is limited to the size of the investment in BTC. The upside is incalculable; in theory, it is infinity (which is why bitcoiners talk about the Moon).
Please enlighten us on your methodology to calculate the risk/ reward (I prefer to see it as reward/risk), and which has kept you out of this "Ponzi" scheme.
As an aside, do you understand what a fool you are making of yourself by calling Bitcoin a Ponzi scheme. Unlike a Ponzi, Bitcoin cannot be inflated; there is a mathematically finite amount of it. Then there are the mining adjustments, and the halvings to take into account. It simply speaks to your lack of understanding, lack of research in this crypto in particular.
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26 minutes ago, Boomer6969 said:
It isn't one implant, but 60 to 120 seeds, which will have side effects. After implantation you'd have prostatitis symptoms which can worsen and in some case lead to urinary retention. Over the subsequent years you may become impotent. Incontinence is less frequent.
So you don't want to jump into any radical treatment without knowing the location and size of your tumour, the biopsy will be needed to assess its malignancy.
The silver lining is that may be able to delay any definitive treatment if the tumour is small and has a Gleason score of 6 possibly 7. Many people live 10 to 20 years with their prostate cancer and die with it, not from it.
Excellent, cogent reply. Thanks a lot. I shall take on board what you have to say.
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51 minutes ago, phutoie2 said:
Vibhavadi Hospital in Chatuchak District. On Vibhavadi Rangsit Road has a good urologist. It's a private hospital but the Doc is a good bloke. Supports Liverpool and we spent some time talking about English footy. I cannot remember his name but they sorted me out. One of those mysterious infections from a liaison....
Thank you for the recommendation. The fact that he supports Liverpool might just give him the inside track. Lol
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2 minutes ago, allanos said:
Hello, again, Sheryl. I'm sorry to bother you, but there is another thought which occurs to me.
You no doubt have read between the lines that I am self-funding and am looking for the most
cost-efficient route I can go to ameliorate my (supposed) condition.
In light of my urologist's considered opinion that the small lump on my prostate is a cancer, in
which he has come to the conclusion also aided by pathology lab reports over the past nine months in respect of my PSA and free PSA readings, how would you comment on the possibility of my electing to go straight to brachytherapy, by-passing both the MRI and the prostate biopsy?
If this is a possibility, is there a downside to carrying such an implant in my body should the lump not, in fact, be cancerous?
Thank you, once again.
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24 minutes ago, JoePai said:
Dr Niti at the Bangkok Pattaya Hospital has been looking after me - very good, would recommend
Thank you for taking an interest, JoePai, and for the useful recommendation.
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1 hour ago, Sheryl said:
"Thank you for your kind help, Sheryl. I am still in South Africa, so my main purpose is to see if I can get some quotations on procedures which appear to be necessary, from Thailand clinicians. On your earlier recommendation I have recently consulted with a urologist, who conducted an ultrasound scan and an internal examination. Sans an MRI, he is very convinced that a small lump he has found on my prostate is cancerous.
He believes the next steps, in my case, should be an MRI followed by a confirmatory biopsy, after which a surgical implant of a radiation pellet. I am 77 years old and in reasonable health."
In this case you do not need to contact a urologist first but rather email the hospitals and request prices for the specific procedures:
multiparametric MRI of prostate (only a few hospitals in Thailand can do this)
prostate biopsy
brachytherapy (Radiation implant for prostate cancer)
In your emails to hospitals keep it brief and just ask the estimated price of the above. The people who will read these emails have no medical training and will just refer to a price list. Any added medical details will likely just confuse them.
I would be surprised if, taking travel costs into account, it will save much if any money to do this in Thailand vs South Africa. Thai government hospitals would be cheaper but their use involves a lot of red tape and long waits and thus is not very feasible for travelers. Also they now have long wait lists for elective procedures due to COVID.
If the issue is that you plan to be in Thailand anyway, then I suggest to get the MRI and biopsy in SA first then think about just the radiation treatment and follow up here.
Hospital emails:
Thank you for the valuable and great advice, Sheryl, it is extremely useful. I am awaiting final quotations for all of these procedures and processes to be done locally, hence why I should like to make an overseas comparison. Yes, of course I have to factor in return airfares, but I am expecting exchange-rates to be very much in my favour as far as Thailand vs South Africa. I also intend trying to obtain comparative quotations from a couple of clinics in Mumbai, India, where I also expect to find the exchange-rate to be favourable for me.You have been really very helpful.Thank you and take care. -
18 hours ago, Sheryl said:
I don't know of any you can contact first by email. You'll need to make an appointment and see the doctor in person.
I could advise better if I knew the type of problem.
In Pattaya, several TV members have spoken well of this urologist:
https://www.bangkokpattayahospital.com/en/doctor-profile?v_id=205&depid=28
In Bangkok, many good choices. Depending on the nature of the problem:
Dr. Charuspong Dissaraan at Bumrungrad. US trained and excellent. Very good interpersonal manner. https://www.bumrungrad.com/en/doctors/Charuspong-Dissaranan
Dr. Viroj Chodchoy at Bumrungrad - UK trained, has treated a number of TV members for prostate cancer and other problems https://www.bumrungrad.com/doctors/Viroj-Chodchoy
Thank you for your kind help, Sheryl. I am still in South Africa, so my main purpose is to see if I can get some quotations on procedures which appear to be necessary, from Thailand clinicians. On your earlier recommendation I have recently consulted with a urologist, who conducted an ultrasound scan and an internal examination. Sans an MRI, he is very convinced that a small lump he has found on my prostate is cancerous.
He believes the next steps, in my case, should be an MRI followed by a confirmatory biopsy, after which a surgical implant of a radiation pellet. I am 77 years old and in reasonable health.
I shall make contact with the urologists you have mentioned. Dr Chodchoy, as he appears to be a cancer specialist, may be helpful in my case, and I do thank you for taking an interest, once again.
18 hours ago, Sheryl said:18 hours ago, Sheryl said: -
I am seeking a good urologist in either Bangkok or Pattaya, who I can initially contact
by email.
If anyone has a recommendation, will they please make a replying post on TVF (Asean Now).
Much obliged.
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Possibly a kernel of truth somewhere within the OP's story, but then surely seriously overblown.
Why? To garner sympathy? Take a dig at Thai authorities? Just to vent?
So much about the narrative from the OP doesn't add up or make sense. Under scrutiny, it falls apart.
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3 hours ago, beammeup said:
Do you have a source? Would be good news if true.
Here's the link from the "Pomp".
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3 hours ago, beammeup said:
Do you have a source? Would be good news if true.
As reported by Anthony Pompliano yesterday. Unfortunately, I cannot supply you the link.
The information regarding India's crypto rupee came from the BBC website.
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It is reported that Thai authorities have abandoned the mooted idea of levying a 15% tax on
capital gains made from crypto trading or crypto mining, although there may be more
regulation of crypto introduced.
Will this encourage you to trade or mine more actively from now on?
Of interest today is that India has announced it will introduce its own official cryptocurrency
this year. India is also seriously considering imposing a 30% tax on capital gains made from
crypto trading.
No doubt central banks elsewhere will keep a close eye on both of these matters, as they
conduct their own research and development.
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I have often wondered what disgruntlement looked like . . .
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Please remember that as with most other things, there is an opportunity cost when holding shares/stocks/gold in the USA, and that is US dollar inflation - recently at 7% but definitely going higher. Janet Yellen says it will subside by 2023 but the Fed and US Treasury constantly try to bamboozle the public. True inflation in the US (it varies for all of us) is somewhere in the 12% - 15% range.
Thus, for those whose stock value has risen by 10% in the past 12 months, it has consequently been net eroded by inflation in a range of 2%-5%.
By the same token, factoring in inflation, US Treasuries are all negative-yielding. For those with money in the bank, you are paying the bank to hold on to your funds.
Those on this forum who have trotted out some trite old stuff need to take a course in Finance 101,
or stop posting on here.
The Fed has said they will begin to taper stimulus, and interest rates will rise. For how long do you think this will happen? The USA already can't service its debt, there is a shortfall of trillions of dollars. If interest rates rise, so does debt-servicing.
It ain't gonna happen.
If you don't believe me, take a look at the US Debt Clock. Google it - you will be shocked, and that is the direction your money is taking!
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It takes two, to tango!
We can talk about the "corrupt" all day, but what about the corruptors? Without them,
there would be no corrupt ones.
The reason third world countries are fingered as being highly corrupt is blindingly
obvious. In countries where so many live on the poverty borderline, falling sway to temptations
such as bribery is second nature. It is easy, therefore, to overlook such venality, if one were
in that person's shoes.
In first-word countries, the forms of corruption and the sums involved, the "prizes" if you will, are correspondingly greater, and the "corrupted" suddenly become equally as weak.
On a tangential note, African countries can teach Asian countries a whole lot about corruption.
It is expected, carried on utterly blatantly, almost like one of the perks of the job, and done with
a smile. South Africa, from State Presidents on down the pecking order, is one such egregious example.
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Calling the OP "intense" is a very tactful understatement, in my view.
Whilst his attending the village Juristic meetings is valid enough, he is now off on his own crusade following an extremely minor altercation with an excitable Thai.
It seems to be more a case of wounded pride, or, in a Thailand context, "loss of face". Perhaps he has been in the country too long.
As a suggestion, find the perp, take him for a beer or three, calm the situation down and explain why the need for the video recording, etc. Then shake hands (or wai)!
This eminently reasonable suggestion may fall on stony ground as the OP has an axe to grind and is busy searching for a grinding wheel.
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Whether or not Novak's agent made "administrative" errors on the application, or not, the onus rests upon him to see that the form has been completed accurately. If one's accountant or bookkeeper submits incorrect returns to the receiver of revenue, they are not the ones on the hook if one is audited.
I think the delays over this question, in Australia, have been inordinate, but the authorities have finally come to the right conclusion.
Why should Novak be treated any differently to anyone else, especially Aussie citizens.
The rules are the rules - for everyone!
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Does Anyone Trade Forex ?
in Jobs, Economy, Banking, Business, Investments
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Post your graphs from the EA showing drawdowns and we will see how profitable you are using the robot, and which pairs you are trading for profit.