
Conno
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Everything posted by Conno
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It's an investment strategy to reach your financial targets / goals. Avoiding bad timing which is virtually impossible to predict and get right. I don't mean literally never sell as in 'never sell' as I agree then what would be the point. But hey why am I explaining myself in detail? My money and my bin if that is what I wanted to do, which in reality it isn't, but hey whatever.
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Actually it would be worth even less than $0.75 in purchasing power as inflation is eroding that fiat trash day by day. So learn a lesson then, don't trade it, don't try and time tops and bottoms, ride the volatility, just Dollar cost average in and never sell. Easy. It's going to a million per coin, just a matter of when not if. 5 years? 10 years? Your guess is as good as mine but scarcity says that is where it is heading.
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Neeranam - Hope he did, but probably didn't, just like the vast majority of no-coin haters on here. Oh boy if they only understood what's coming, never mind what it has already done. Bitcoin is the best performing asset IN ALL OF HUMAN HISTORY since its creation 14 years ago. Let that sink in for a moment. I missed the beginning but my lightbulb moment happened in 2018 and my lowest entry was $4000. Been accumulating ever since, never sold a single Sat. Check out this chart. $1 into Gold 14 years ago would be worth $1.94 today. I like Gold and hold too, but it is a relic from the none digital age. $1 into BTC 14 years ago would be worth $38,506,100.00
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The old traditionally banking system is broken [Debt] and slowly but surely they are corralling and conditioning everyone into the mindset of accepting the new CBDC slave coins that are on the horizon. lf you view everything that happens with your regular bank through this lens, then it is clear as the nose on your face what is going on. They will never jump from system A to system Z in one leap as everyone would cry foul. So they go from A to Z in incremental steps. Fortunately I will have more than likely already popped off before Thailand becomes a cashless society, but this trend is clear in the richer nations already. My advice would be oppose anything CBDC related with every inch of your soul when you encounter them. At least for your kids and grandkids sake, if not for your own. Yea I know sounds like a conspiracy theory, but funny how those so called conspiracy theories are actually becoming conspiracy facts with the passage of time.
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This 7% tax they are talking about as far as I understand isn't directed towards individuals but the exchanges and businesses in the digital arena. After saying that, I agree with your general sentiment. One word that always strikes me as being appropriate as far as Thailand's approach to crypto and the digital world in general is schizophrenic. They want to be seen embracing it as a progressive country but at the same time are terrified of losing control over the old broken fiat system. In their defense, they are not the only country in the world with this syndrome.
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Impossible to open Thai or foreign crypto account.
Conno replied to cmike's topic in Cryptocurrency News
A driving license from your home country will work. https://aseannow.com/topic/1311267-bitkub-is-asking-for-kyc-again-after-logging-in-kyc-is-disabled-for-foreigners/page/4/ -
I started out using my PC until I got to the take/upload images/files part which is when I hit a snag as I don't have a cam attached. I then remembered advancebooking had highlighted this on another thread but I'd forgotten about it. So I then started over on my iPad as I hate using my iPhone these days as I'm no spring chicken and the screen is too small. Had a few back and forth emails with their support which were fast in reply, but details were a bit thin. Just one line answers and felt almost like AI rather than a human but I think it was a human. On the ID thing. I sent them an email pointing out that UK citizens don't have a national ID card, we only have passports and driving licenses if we drive. The reply was a one line reply of 'upload UK ID and/or Thai driving license if not expired and you have one with Thai Elite visa'. I interpreted that as meaning if you had used Thai Elite service agents to obtain one? Anyway, using my iPad and their app I uploaded my UK license and my Thai Elite related stamps and received a Lvl 2 approval within the hour. I also remember advancebooking pointing out a step where they asked him to scan the chip in his passport using his phone. I never encountered that step which is fortunate as I don't think that is even possible using an iPad? Maybe that will be a requirement at some later stage eg Lvl 4? I did reply to you last night but aseannow went into maintenance mode right when I was typing and I lost everything I typed arrrrrr, then I went to bed. Just before I went to bed I completed the next steps after Lvl 2 approval which were creating I think it was called a withdrawal password [forget the exact name] and activating 2FA security. I then went on to Lvl 3 steps which were bank details. Good news is this morning there was an email in my inbox informing me Lvl 3 verification has been approved, so I'll move on to Lvl 4 probs next week which I think involves uploading 3 months worth of statements etc.
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I have had multi failed submissions so far, been on it all afternoon what a complete ball ache all of this is. Firstly it was telling me incorrect image size, blurred, reflection etc so resubmitted. Then it was the UK ID card thing which as you say we don't have one. Told them we are issued with passports only, so they replied UK or Thai driving license. Don't have a Thai driving license as my other half does all the driving these days and I've just got used to that routine. So submitted my UK one and now waiting to see if they will accept that. Other stuff like Yellow book for my apartment don't have one of those either. Have some Blue Book thing and Chanote so submitted those along with utility bills showing my address. Never had a residency permit also, what is one of those anyway?. Thought paying an arm and a leg for a 20 year Elite would be all you'd ever needed to do. They have been replying pretty quickly so expecting another rejection any minute lol. Haven't even got to the Bank verification bit yet...... Jeeeze Louise! Signs of the time in 2024 I'm afraid, the financial noose just keeps getting tighter and tighter for the average Joe. Can you imagine this scenario. Bitcoin goes ballistic in the next few years and we could be the only millionaires on the planet who can't spend any of it because we are farangs living permanently in Thailand. In fact that potentially could become a reality rather than a joke so I shouldn't jest. Update 30 minutes later - Lvl 2 approved moving on to the bank Lvl 3 stuff now.
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luckyblock token - Expecting something similar for my account with them too and have also been with them for years. Meanwhile :- I have just today started the process of verification Lv l2 with UpBit. I think my first attempt may be rejected as I also don't have some of the limited options docs they are requesting. I'm also on a Thai Elite visa so have submitted all the ID, visa and stamps info I do have. Will let you know how it goes.
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I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
Thx racket for letting us all know. -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
racket - Do you know this from personal experience or are you assuming? The reason I ask this is because if you trawl through Binance TH official T&Cs you will find the info below [In BOLD] which clearly states non-Thais can register without a Thai ID card. See Section 3 - Sub Section 10. While I agree with your assessment on the reasons why Bitkub may be giving non-Thai customers a headache. I can't understand why UpBit and Binance TH can do what Bitkub allegedly can't?? They are all recognized and approved Thailand SEC exchanges. So using logic [Yea I know don't need to say it 5555] the same rules should apply across the board. Plus given the info below I still get the impression Bitkub are just playing funny games. Binance TH T&Cs *In case of a non-Thai national, from step 7 onwards, you must attend and complete these steps at the Company's office. You must also bring the following documents for verification: your original passport, work permit, visa, or national ID card. Once the verification process has been completed, we will notify you of the results via email. I haven't tried registering yet so can't say 100% advancedbooking started the registration process on Jan 10th so he probably knows if what you are saying is correct or if they are adhering to their own T&Cs which states non-Thais can register. -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
Another one.....what are they playing at? Anyway, are you sure you are going to the correct URL? https://www.binance.th/en or try clearing your cookies / cache if you are still redirected to your existing account. I haven't tried registering yet but when I click on the above web address it takes me to Binance Thailand. If I then click on the register button it takes me here [Screenshot] -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
Note on the BTC Spot ETFs. I celebrate their approval but wouldn't touch one with a barge pole. It's a bit like wanting to drink orange juice and paying a fee for someone else to squeeze the oranges for you with all the 3rd party associated risks. If you want to drink orange juice just buy the oranges and squeeze them yourself FFS. Coiners will like this link. No-coiners don't bother wasting your time. Plato’s Allegory of The Bitcoin ETFs – Mark E. Jeftovic is The Bombthrower Have you left the cave? If you hold your Bitcoin in self custody you get it. -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
All stored on Trezors with seed phrases stored on paper and on cryptosteels in safe locations. I have a target for selling but it is multiples of what it is today. Don't need to sell as I never invest anything that I wasn't prepared to lose or with funds needed for day to day living. My biggest challenge isn't if it will increase in price or not, my biggest challenge is living long enough to hit my price target 55555. -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
It is the best performing asset in the world, over the last decade at least. Volatile of course, but buy and hold then nothing beats it to date. Plus it has only been going since 2009 so not bad 55555.........if you disagree, argue with Blackrock [Largest asset manager in the world] and not me. Investing in Bitcoin is a long term play, years if not decades. Arbitrary date points is an irrelevance from my investing perspective. It's actually very reassuring to hear the detractors. Signifies I'm still on the right path and ahead of the curve. You don't make wife changing money by listening to the herd. High Risk = High Reward. Glory or Death Ps. All 11 US Spot ETFs approved. To the Moooon, HODL, Whoohoo -
ETF VICTORY - ALL APPROVED Mainstream reporting still doesn't get it. Financial advisor interviewed by the BBC 'Not everyone can afford a $46,000 investment'. Clueless and a shockingly bad way to market the asset. Gives the impression that if you don't have a spare $46,000 hiding down the back of the sofa then BTC isn't for you. They seem to be unaware [or purposely misrepresenting the facts?] you can buy just $100 worth of Satoshi's or even less if you so please. Big congrats to all crypto people, we are now a [reluctantly] accepted member of traditional finance. Buckle up as the institutional money starts moving in over the next few years. Message to the no-coiners - Don't wait too long before changing your minds and accepting defeat lol.
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I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
I have a feeling the invite codes are unique to each individual and not simply a referral code that anyone can use. The reason being is that announcements that came from Gulf Binance in the latter months of 2023 stated that application requests would initially be by invite only. I may be wrong, advancedbooking will no doubt advise. -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
AdvancedBooking - Thx once again for keeping us updated. ukrules - Yip BIG DAY. Did you see the US SEC X hack news lol [Fake Spot ETF Approval announcement on Twitter] They tried to blame Musky's platform for the breach but in fact it was a private SEC phone that had been compromised not the linked X account. They failed to even use 2Fa security on the targeted phone ha ha ha. These are the people we are supposed to look to for financial security guidance. Clown world. I'm still 50/50 on if we are going to see approval later today, there is a fear the SEC may now delay the announcement and blame it on this hack. Fingers crossed they still approve but we all know how Mr Gensler feels about crypto. Good luck. -
I downloaded and registered with Binance TH by Gulf Binance
Conno replied to advancebooking's topic in Cryptocurrency News
Thx for letting us know, we will all sleep a lot sounder tonight knowing that 55555. Jeeeze what is the compulsion with these no-coiners having to make these posts? This is a thread about the ins and outs of signing up with the new Thai exchange Gulf Binance. I don't see any requests from AdvanceBooking asking for no-coiners opinions on the pros and cons of crypto. Anyway moving on. 300sd - Yes mate you missed the memo. There are a couple of threads discussing the problems some non-Thai account holders are experiencing with Bitkub pertaining to their KYC system or should I say lack of. Plus their customer support attitude towards foreigners leaves a lot to be desired too. The threads are easy to find if you dig a little. I still have an active account with them but I'm anticipating that may change in the near future. This is the reason we are exploring alternative Thailand approved exchanges who accept crypto/Baht transactions. -
Which 3 cryptoes for medium to long term?
Conno replied to JeffersLos's topic in Cryptocurrency News
I do when I can hear the inflection in the voice and the expressions on a face. Unfortunately sarcasm is often lost in text format. Giving me a clue next time by including a /Sarc at the end might help. -
Which 3 cryptoes for medium to long term?
Conno replied to JeffersLos's topic in Cryptocurrency News
You mean that is well 'before' most people on AN bought them [April 2013 Vid] otherwise they bought them circa 2009 - 2012. That may be the case but not really the point I was trying to make. My post was related to the no-coiners who get off on slagging off crypto people. I don't have a crystal ball, so BTC may go to $1m eventually or it may go to zero. My point is it is best to ignore and not reply to the detractors as you can and will never win in their eyes regardless of what happens to the price. -
Fellas. Good luck ref the Bitcoin Spot ETF approvals. Announcement should be known by this Wednesday 10th. All the pundits reckon it is looking like a done deal, hope so but I'm not so sure. Mr Gensler isn't our friend but after saying that Mr Fink has a bigger stick so who knows? I'm still 50/50 on if we will see approval or not but naturally hoping we do. I'm a hodler not a trader, so if not it just means I'll have to keep hodling that little bit more. $600 for SOl is possible for 2025 especially so if we get ETF approval this week and BTC goes on a rip. We are inches away from institutional acceptance and adoption.
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Which 3 cryptoes for medium to long term?
Conno replied to JeffersLos's topic in Cryptocurrency News
Neeranam - Let the no-coiners just stay no-coiners it's pointless even answering them. As you say why do they even bother commenting on a crypto thread? They will just keep saying the same thing as they always have from when Bitcoin was $10 - $100 - $1000 - $10,000 - $69,000 and they'll be saying the exact same thing when it hits $100,000 - $250,000 and maybe eventually one day $1m. Even if it never hits those numbers and goes to zero it is beyond me why they get off on lecturing crypto people on how smart they are and how dumb we are. Point is, if and when we do hit new all time highs they still won't admit they were wrong and will either A. Never be heard from again B. Tell us it is in a bubble and just one big ponzi scheme. If it does go to zero what is it to them? It's our money our lives and our choice. Maybe they are all related to Peter Schiff or maybe they have some form of born again Christian syndrome and are just trying to save their fellow man from ruin 55555. April 2013 BTC April2013.mp4