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Airalee

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Everything posted by Airalee

  1. Nope…still not getting it. Here is a cut and paste of the post I was referring to. “No, this 1 year period is only for the Maiar exchange as it is a new one. You can stake for 200% and wait a year or 14%, which you can sell any time. The 12% for Polkadot on Kraken has no holding period. Kraken is a US bank and you can also get 2% on USD, 23% for Kava, 18% for Kusama, and many other that also don't have any tied up time. Only 0.25% for Bitcoin. The 47% for Solana/Raydium on Raydium exchange is also redeemable any time.” Still can’t wrap my head around 200% APR (with a 1 year holding period) or why anybody would offer that. And the same “exchange” is 14% with the ability to “sell at any time”. A cash advance on a credit card would cost less. Much less.
  2. Nope. Makes no sense at all. And if it’s lent out on the exchanges as @ukrulessays, who is it lent to and how could it possibly pay triple digit annual interest? Wouldn’t it be cheaper for someone (who intends on borrowing said Bitcoin) to just buy it using credit card? I had a friend who got involved in one of those Bitcoin lending schemes. 2% daily compounding (yes…daily) or something like that. I ran the numbers for him on a $1000 investment and showed him that in 2 years he’d be a billionaire. he smiled…..didn’t get it. told him that in 3 years he’s have more money than Gates. bigger smile from him…nodding his head. Still didn’t get it. told him that in 5 years he’d have more money than all the money in the world combined. Still didn’t get it. I googled the guy who was running the scam. People were talking about him all over the internet. Even had articles written about him in newspapers. “Get rich quick schemes”. Showed him that people for years have been calling him out on his scams. Still couldn’t accept it. Problems started. The scammer claimed that there were “technical” problems. People started to complain. Couldn’t withdraw their money. Scammer offered higher returns for people who would leave their money in for a year….but there was a minimum amount required. People had to pony up extra…and they did. As did my friend. Nothing I could say or show him would or could convince him that it was a scam. Math didn’t matter. The tons of information about the guy running the scam all over the internet didn’t matter. (FWIW, I’m just as concerned when I google peoples names with Bitcoin operations here in Bangkok and get nothing about them) Friend lost his money in that scheme. Easy come…easy go I suppose.
  3. Real estate can have a measurable P/E in the way of rents (some better than others). If lived in and not rented out, it has utility as shelter which can be measured via OER (owners equivalent rent). That being said. I wouldn’t invest in R/E either. When I hear of people “loaning” out their cryptocurrencies and claiming APRs of double and triple digits, they are never able to tell me exactly how (in simple, easy to understand, jargon-free terms) the returns are made.
  4. Buffet has no interest in Bitcoin or any other cryptocurrencies. He has referred to it as gambling. https://www.cnbc.com/2019/05/04/warren-buffett-says-bitcoin-is-a-gambling-device-with-a-lot-of-frauds-connected-with-it.html Buffet bought into the casino. “During a gold rush, sell shovels” https://medium.com/@transitprotocol/business-modelling-why-selling-shovels-during-a-gold-rush-is-the-surest-way-to-make-money-8fdf41f5bc1b And it was Munger who called it “rat poison”….and worse. https://fortune.com/2022/02/17/charlie-munger-calls-crypto-venereal-disease-bitcoin-warren-buffett-nubank/
  5. Mine is for a renewal also (not a new license). You definitely got lucky with the timing. I have no idea why they scheduled me so far out (and I was the 2nd to last name on the sign in sheet for that date). Just goes to show how sometimes, things just don’t make sense here. Glad to hear you were able to get sorted in a more timely manner.
  6. It only took me a day (actually about 4 hours) to get my drivers license the first time. I went to the DLT (near BTS Bang Chak) in the middle of January to renew the registration sticker on my car and my drivers license. The car was only an hour or so but when I went to the desk to start the drivers license process, I was told that there was a queue and the earliest date that they scheduled me for was mid May. Crazy, but it is what it is.
  7. You will need a certificate of residency for both registering the bike and the drivers license. There is currently a long queue to get a license at the DLT I went to in Bangkok last month. I’m scheduled 4 months out to renew my license.
  8. Where in those figures are the people who have had 2 doses but not “at least 3 doses”? Why would they be excluded from these figures? How many people out of the entire population have had “at least 3 doses” vs “2 doses” vs “unvaccinated”. We need more information. I also see that the unvaccinated in the 40-49 age group are roughly 4 times as likely to die, but again, what happens to those figures if you include the 2 dose group? Also, when I hear “4 times as likely to die” it sounds scary. But when I look at the total numbers (0.8/100,000 vs 3.4/100,000) both groups seem to have a relatively low risk of death at that age range. 4 times a very small fraction is still a very small fraction. Of course, it’s different for people over 70 so I can understand the concern of posters here that fall in that demographic. I also find that there is information missing and we could get a better grasp of the absolute risk if we were to see the comorbidities and height/weight of those who die. Of the 3.4/100,000 40-49 year olds, how many were overweight?
  9. Having a (relatively useless) BS in Economics, this is always something I have thought about. Especially since the push over the last 2 decades for everybody to have a college/university degree has trapped so many in huge amounts of debt (especially in the US). 6 years of higher education (additional cost including tuition, books, dorm (if living away from home)) compared to living at home and working for Tesco for that 9k/month and saving every penny plus saving whatever was spent on the degree above and beyond basic sunk costs (food, clothes, toiletries, etc)…who wins? I believe that with very few exceptions (STEM), that in the end, with the 6 additional years of compounding (depending on investment returns of the saved money), the person who went right into the workforce as early as possible will come out ahead (financially) of the person who chose the higher education route.
  10. A friend of mine who works in Malls (rotates between different malls) had 2 AZ shots originally and for her booster is required to get Pfizer. No Moderna is being used as she informs me. Why Pfizer and not Moderna? I don’t know and neither does she.
  11. I was wondering the same thing. I’m not aware of any tax advantages of owning a condo here in Thailand unless @Jingthingis referring to opportunity costs such as income received from investments (dividends) or interest income on money that was left in a US bank account etc, rather than spent on a condo. Would be nice to understand what exactly he is referring to.
  12. Some (but not all) of those “hiso pretties” that you see walking during the day with their fancy handbag in one hand and latest model iPhone in the other are actually grey girls or maybe just work the night shift at one of those fancy soapy massage parlors.
  13. But here in Thailand, that Highlander (if it was sold here) would still be $45k whereas a comparably equipped X5 would run $150k and you wouldn’t retain even close to the same percentage upon sale as there isn’t as much of a middle class that can afford second hand BMWs vs second hand Toyotas.
  14. https://www.tmc.edu/coronavirus-updates/overview-of-tmc-icu-bed-capacity-and-occupancy/
  15. Very interesting. Especially tables 15 and 16. I really wish that I could get extremely granular data on every individual hospitalization and death. Mostly co-morbidity related, and an included photograph (faces can be blurred to protect their identity) as there have been reports in the past of “perfectly healthy” younger people who died but then it turned out that they were morbidly obese and just hadn’t been diagnosed yet with their pre-existing conditions.
  16. To put it in perspective, almost 800 children from drowning annually in the US. https://www.safekids.org/press-release/almost-800-kids-drown-each-year-more-half-are-under-age-5
  17. “His name is Robert Paulson” -Fight Club
  18. I wonder if he was juicing (anabolic steroids). ????
  19. I’d prefer a gt3 screaming by over a Tesla humming by regardless of the speed.
  20. Covid-19: Fact check—how many patients in hospital are unvaccinated? “The Intensive Care National Audit and Research Centre (ICNARC), which has been monitoring activity throughout the pandemic, provides information on admissions to intensive care.3 Its latest report, published on 31 December, showed that the proportion of patients admitted to critical care in December 2021 with confirmed covid-19 who were unvaccinated was 61%.” https://www.bmj.com/content/376/bmj.o5
  21. Your claim of 90% of the people hospitalized being unvaccinated was wrong. Accept it and move on.
  22. Bring current data to the table. Not data from June-October of last year. here’s the current data. You lose. https://aci.health.nsw.gov.au/__data/assets/pdf_file/0006/698388/20220104-COVID-19-Monitor.pdf
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