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Everything posted by Jenkins9039
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Dear Satang Pro customers,Important Announcement: Update personal information through identity verification (KYC) for better security and to prevent potential risks.Satang Corporation Co., Ltd. would like to inform foreign customers of the Satang Pro application for those who opened an account and verified their identity (KYC) before 19 December 2022.The company asks for cooperation from all foreign customers to please update your information for better security and to prevent potential risks, as well as to prevent frauds and to comply with the regulatory requirements. The Company kindly requests all foreign customers to complete the steps listed below. Schedule an appointment with the company to verify identity. Please contact the company to prepare documents and schedule a meeting (Face to Face) Prepare original documents and certified copies in accordance with the purpose of immigration. Meeting with the KYC staff at the time and location as confirmed by the company accompanied by the required documents. Due to security reasons, Failure to update your information through identity verification process (KYC) by 26 July 2023 may cause you to be unable to make deposit-withdrawal digital asset transactions.Furthermore, failure to update your information by 25 September 2023. We will have to deactivate your account. This may cause you to be unable to trade and cannot make deposit-withdrawal transactions until the completion of identity verification process (KYC).For continuous use and better security, we kindly ask you to update your mobile device’s operating system to the most recent version before updating your personal information.We apologize for any inconvenience that may occur as the company has informed customers according to the information above.
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Stopped using it a year or so ago, like you mentioned, constant verification = unusable. Wife has had a verification request (thai) second time within a few months.
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Understanding the XRP price - What affects its value? XRP is easily one of the most discussed digital assets in the world. Belonging to the original Ripple Network, it is a case worth studying. How exactly do these prices work, and what influences this digital asset? Let’s take a look at it all. In Thailand, cryptocurrencies like XRP have been gaining significant traction, especially as the country positions itself as a hub for blockchain innovation in Southeast Asia. Ripple's technology, which focuses on real-time cross-border payment solutions, aligns closely with Thailand's progressive stance on adopting digital financial systems. What is XRP? XRP is a digital asset by Ripple Labs, a platform set on transforming the global payment scenario. While it is a digital currency of sorts, it hugely differs from other cryptocurrencies, like Bitcoin. What sets it apart? Instead of standard mining, it uses a protocol that makes obtaining it not only faster but also more energy efficient. Hence, its primary use is cross-border transfers in a cost-effective manner. Factors Influencing the XRP Price The business world is deeply intertwined with the finance market. The general XRP price varies with the vast market sentiment. Various other factors also influence and alter its price — regulatory news, recent events, certain policies, etc. If you are interested in XRP, you must remain informed about all these factors! XRP Price (Note: the pricing remains highly volatile and sensitive to changes.) Market Sentiment and Speculation What does the market say about XRP? When positive news breaks out (like major banks taking up on XRP for their international transactions), it leads to huge price surges. Ripple has also secured partnerships with various leading financial institutions. However, when there is a hint of negative news like tech failures and policy changes, the prices quickly and steadily decline. One must remain cautious of the current market situation before making any decisions in such scenarios. Institutional Adoption and Ripple’s Partnerships Ripple and its partnerships have acted as a major influence on XRP pricing over the last few years. Securing positive relations with renowned banks and payment providers, Ripple has made XRP mainstream. The rising demand and rising prices are all thanks to these institutions adopting the currency for real-time settlements. This growth is also essential to its long-term value. Regulatory Impact on XRP Price Regulation is another important driver that has a major impact on the XRP price. The cryptocurrency market is not regulated, and laws being amended globally aim to hinder its development. This situation directly affects the price of XRP. Fighting Ripple Labs with the American SEC. Thailand has taken a more balanced approach to crypto regulation. The Thai SEC and the Bank of Thailand have implemented frameworks that encourage innovation while protecting consumers. XRP and Market Trends XRP price is also a reflection of the general mood of the market. When the market is buzzy, the coin rate usually goes up. When the market is going down, the value of the XRP most often decreases. Therefore, we should closely observe what’s happening on the market and in the economy to assess the potential future value of the XRP. Technological Advances in XRP Ripple’s technological progress also influences the XRP price. The better the technological machine behind receiving and sending, the greater interest and demand for cryptocurrencies it receives. This, on the other hand, causes companies to look for ways to integrate it into their solutions or to provide customers with the opportunity to pay with it. This is what causes the value of digital money to increase. Global Economic Factors The last thing about the price of XRP is the world's macroeconomic situation. This is, of course, economic indicators, geopolitical situation, rate of inflation, unemployment, and interest rates. All this indirectly determines the price of Ripple. Macroeconomic factors impact general investor preferences toward the market. From the above example, the more inflation there is, the worse the situation in the economy will be, and the more people will buy digital financial assets for more secure amortisation wear. The bigger the market, the better the economy, the worse the value of XRP. Additionally, XRP prices are influenced by factors such as regulatory news, global market trends, and institutional adoption—both globally and within Thailand. Trading XRP: Risks and Rewards Rewards rarely come without a price. Studying all these price factors for XRP, one must realise the risks involved in trading for the same. One of the main attractions of trading XRP is price. However, it poses as one of the most dangerous ones. Traders are prone to significant gains as well as significant losses in the event of sudden market swings. What is the best precaution to take in such scenarios? Risk mitigation becomes a must when dealing with volatile pricing. Using renowned trading platforms with advanced tools and awareness is the way to go. How to Track XRP Price? Tracking asset prices has never been easier in this digital era. Stay informed about XRP pricing, whether you are trading or simply following the market trends. You can monitor real-time price changes and updates on various platforms. However, ensure you refer to authentic websites, like Binance, that can provide up-to-date and verified information. If you are interested in any alternative global currencies, keeping up-to-date with even the most minor changes can be a huge deal. XRP price, like with most digital assets, is rapidly evolving. Whether a seasoned investor or a beginner, tracking these developments is essential in this new age.
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It cut my hands
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I'd say more dangerous, always had crime lurking underground, but appear to be having a lot of foreigner gun crime of-late.
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Phuket, but would make sense with Salt with the way it broke into smaller pieces as i had the hose on it. Who knows perhaps can be packaged as exclusive salt from Thailand lol
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Interesting as there's usually gold deposits in that from what i learned on the discovery channel.
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Left overs from the new well was a couple of boulders of this material. When spraying the hose over it disintegrates into smaller chunks. Curious what kind of rock it is.
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Been here a long time, the past 5 years up until last year most crime was gone. Still had petty crime but criminal organisations or international crime was gone/hidden. Last year you had the Indian/Canadian drug lord killed, and today a shooting in a place i take the family frequently. With all the checks they do (see my post this morning ) not entirely sure how they are failing to capture the bad guys. )
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Thalang
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Biggest issue around the crypto markets, is if there is a disruption to Binance Global (Indictment) majority of exchanges (such as satang) are integrated with their AML/Screening, Orderbook/Matching Engine and liquidity. If Binance goes down, it will take at least another 100 exchanges directly with it.
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Yes
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One thing i will say is like most other plebs i do the 90 day report, and have a long term visa, immigration came to my home about 5 yrs ago, so they know i live here/there. Seems checking is counter-productive.
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Been under the weather with food poisoning and in recovery stage, opened the gate this morning to Immigration, who were commencing a street wide sweep for 'tm30', and 'chinese that made thailand look bad'. Seem to have gone door to door (the chinese money launders left a while back). Anyone else having this fruity morning drama?
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Glad i'm not the only one - started apparently in November, I deposited a small amount into the bank to transfer to someone in the UK and it was 'frozen'. I've since written it off - they were asking too many intrusive questions about me financially as a non resident it's not their business and certainly not the UK Gov's.
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British-Thai Dual National First Passport
Jenkins9039 replied to Jenkins9039's topic in Family and Children
If you read, clearly I am concerned of the potential for the UK to realise the debt is so high that they come after overseas assets in death duties, currently they do not - kids being given passports now would make the government (*uk) aware they exist as such with CRS (common reporting standards) when i die, my assets would be at risk for potential overseas taxation as they would be net parties to those distrib. Rather simple really. Gov in debt -> needs cash -> raids overseas assets (death duties, income tax) -> kids reg will be linked up to me -> CRS informs of assets -> death certifc reg for me -> Gov comes for tax. Currently there is no tax overseas -> this is changing. -
British-Thai Dual National First Passport
Jenkins9039 replied to Jenkins9039's topic in Family and Children
Actually that's not true. It costs 125,000 $ approx to acquire tax free citizenship, which can provide such, pocket change in the grand scheme of things. At the moment they are not registered with the UK but are registered in Thailand, the moment they become known to the UK there's the potential for some form of taxation [on my wealth] at my demise. As it stands it's 0 in the UK bar localised tax for local asset(s). If they decide to relocate to the UK, and if the UK changes the current inheritance tax system to include overseas - then they are looking at 40-60% tax on any assets, the UK has 2.x trillion of debt and will likely have 3 trillion by 2025. - you think they won't change the current tax system? seriously? In Thailand it's 10%+ -
Wife absolutely doing my head in - doesn't seem to get it into her head that British Children are British by Birth not by passport, keeps pushing for the kids to get their first British passport even though that will bring them to the attention as future HMRC tax payers (CRS + Death Taxes/Inheritance) instead of just allowing them to apply for a British Passport as and when they need it in a few years and travelling on a Thai passport for the interim period - ideally 10 yrs. Anyway rant over. Where do they apply - Thailand or remote to the UK? What docs are needed? Seem to get conflicting and transferred to EIRE when ringing the hotline.
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Homeless Farang with no help from the Mayor's office
Jenkins9039 replied to Ironmike's topic in Phuket
I heard you were looking for a well to be dug (Original Poster)? If so 092-499-7275 - about 2,400 THB a ring. (they are based in Mai Khao) Just done ours and another on the road. -
- Referencing Certificate of Residence.
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Got a link, this is the residential address doc? Bluetree are MEANT to do it, but always send you to either PHUKET or PATONG (apparently Patong do). Having said that, i recently heard it's now being handled in Samui by the transport office... i guess immigration there are fed up with farang not wanting to pay the 500 thb tea money so offloaded, personally, i am happy paying the 500 THB even though its meant to be free simply to just have the blasted thing (need for yacht license).
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Solar Water Heater Hurdle
Jenkins9039 replied to Jenkins9039's topic in Alternative/Renewable Energy Forum
Was considering installing one off these on the pipe off from the solar water heater, so it sends the right temp to the rooms (showers). I'm not entirely sure how useful they are and whether they actually work, and then have a issue if the water temp is too low (cloudy days) will they function? -
Solar Water Heater Hurdle
Jenkins9039 replied to Jenkins9039's topic in Alternative/Renewable Energy Forum
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Solar Water Heater Hurdle
Jenkins9039 replied to Jenkins9039's topic in Alternative/Renewable Energy Forum
As mentioned - impossible to get now. -
Solar Water Heater Hurdle
Jenkins9039 replied to Jenkins9039's topic in Alternative/Renewable Energy Forum
Our tiles that are in place are not cheap.