Conno

Don't worry about it dude. You are into crypto, so you will soon be making wife changing money.

No further comment required.

You are correct and I never do anything otherwise. ALWAYS immediately withdraw any buys to a self custody hardware wallet and can never understand why anyone would do anything differently. Unless they were actively trading of course, but even then only trading tokens should be left on exchange. The bulk of your crypto should be in your own control or what's the point? Never used crypto.com so can't help ypu there.

People fall into three categories regarding Bitcoin. The haters, the believers and the not a clue / don't care crowd. I'm not going to argue the points that have been argued a million times since Bitcoins creation as it's a never ending argument. Believers can never win, as the next crash on the horizon is always going to be the one that kills it stone cold dead according to the no-coiners. Also you can never win, at least not until the day arrives when and if it does crash to zero. So far the no-coiners haven't done a very good job at predicting this fall to zero, but there's always next year right! Plus they would all be multi-millionaires by now if they had chosen to buy early rather than slagging it off. Bitcoin has been declared dead every single cycle without fail since it was invented. Talk about a broken record. Given the above, I will state some additional thoughts. Bitcoin was never intended to be an investment vehicle at inception, it has just turned out that way. I agree that many but not all, are now looking at it as a store of value like traditional Gold rather than a means of exchange. Greshams Law is why people are HODLing it and spending their paper garbage instead [Just ask people in inflation ravaged countries their thoughts on Bitcoin.] Satoshi Nakamoto whoever he/she or they were, designed it as decentralised electronic money and a permissionless means of exchange where no 3rd party is involved. That in and of itself has intrinsic value already [it does to me at least] compared to the fiat garbage everyone thinks of as money. Fiat isn't money by the way, it's currency and a debt based inflationary one at that and a one that you increasingly have less and less control over as the centralised control freaks increasingly do their thing.. Satoshi also managed to solve the unsolvable up until that point in time, the Byzantine General problem. That in my opinion also has a intrinsic value compared with the printed out of thin air, fractional reserve, debt based fiat scam. Further points, prime real estate isn't limited in supply, they are creating new prime real estate every single day of the week. Additional copper is dug out of the ground and added to the supply also every single day. Just like the tradition store of wealth Gold, whos above ground supply has through history generally kept up in % terms with population growth. As the price rises it becomes more profitable to make an even greater effort to mine even more. Just not possible with Bitcoin, 21 million and that's your lot after the year 2140. Never, and I mean NEVER in the history of human civilization has there been anything comparable to deflationary Bitcoin with its deentralised ledger technology. Believe in it or don't, it's a free world and I'm spending, or risking in your opinion, my own currency not yours, so what's the problem? There has only ever been 2 forms of real money throughout history and that has been Gold and Silver. I'd argue you are witnessing a 3rd being born. Can I ask you one question? What price does a Bitcoin need to hit before a no-coiner will start accepting defeat? $500k? $1m? $5m? $10m? The same arguments have been made since it went over $1. I suppose the no-coiner mindset will never admit defeat at any number. So be it, either it's going to zero eventually or it's here to stay with an ever increasing value when measured in fiat paper. I know which side of the fence I prefer to be on.

You telling us this isn't true? Dated this week. https://support.bitkub.com/en/support/solutions/articles/151000178947-reactivation-of-verification-kyc-system-for-non-thai-nationals-on-22-02-2024-from-07-00-pm-gmt-7-

Possible but I don't think likely. The momentum is just too great at the moment so the FOMO is still very strong. No sign yet the ETFs are slowing their accumulation. Halving event still another 6 weeks away and still $10k from a new all time high. My guestimate is it will continue powering up to and go just over the ATH, then we will see another pause. Next leg after that will be up to the $100k lvl. Big psychological main stream media news headline number that one. That's when we could see the mass of retail jumping in. I think we are far too early in the cycle atm for any crash back down just yet. Wait for all the people who were afraid to buy at $16k start buying after it pops above $100k then the fireworks could start. You know how these cycles always go :- Nobody is comfortable buying when it's at $16k because they fear it may fall further. Exactly the time to be buying / adding. Everybody is comfortable when it starts hitting new ATHs and the REAL FOMO kicks in. Exactly the time to pause your accumulation or take profits if that's your thing. Good luck crew.

I do hope you are kidding lol.

Thanks Mike. Totally agree. Inflame is a good choice of words.

I understood what you were getting at no worries :-)

It's all one big guess and nobody knows for sure. Given that, for me I think it is possible we could see $150k for 2024 and it may top out towards $300k sometime in 2025. Blackrock iBIT ETF alone now holds over 200,000 BTC and all the ETFs combined well over 300,000. That's more than 1% of circulating supply in just 6 weeks. I think what we have to understand here is the scarcity factor. This is a quantum shift in mindset compared to traditional assets and especially fiat garbage. I think this is what most of the no-coiners still haven't grasped and processed yet. They are oh so happy to slag off Bitcoin ad nauseum, while they sit on an inflationary time bomb of paper trash. Go figure. I think the bigger question is what do you see the price come 2030? I'd guess north of $1m per coin or zero if it's all a load of Monkeys [Monkey/Bitcoin comparison Meme on another thread which has now been moderated ]. I can accept zero by the way, as I have never invested anything I can't afford to lose. But you have to be in it to win it.

I'll explain it for you arithai12....because they are no-coiners and they love to stick their self righteous knives in. Don't worry my friend, the same type have been saying the exact same thing since Laszlo Hanyecz had 2 pizzas delivered in Florida from Papa Johns for 10,000 BTC on May 22nd 2010. Today valued at $570,619,300.00 They just can't help themselves, so just let them do their thing enjoying their 'they know what's best for you' advice 55555. EVERYTHING is going to be tokenized but they just can't see it yet. Your money, your life, your risk. Enjoy being wealthy my friend.

advancebooking - It's peer to peer. You don't deposit anything as such. What you are in essence doing if buying crypto, is sending Baht directly to the sellers nominated bank. If someone is buying crypto from you, they would send Baht directly to your nominated bank. Binance are just acting as the middle man and hold the funds [both crypto and fiat] in escrow until time to exchange. I have never used it but I know how it works.

You are talking P2P. We are talking being able to deposit and withdraw to an exchange using Baht directly to and from your Thai bank. That isn't possible with the 'Old Binance' only with P2P. However after saying that there is now a 'New Binance' which is called Gulf Binance or Binance Thailand. They have a temp hold on signing up new non-Thai users but I believe that will be lifted soon.

But you are reluctant to tell us how and from where? I understand that but a little pointer would help?

I agree up to a point. Just as a hammer can build a house, it can also be used as a weapon. Smart phones are a brilliant technological advancement I'm no luddite, in fact I'm a Crypto Knight ;-) So embrace and welcome change with open arms. I think the point of the OP was that anything can be abused and have negative consequences if the user loses touch with what's really important in life. This does seems to be happening in the many areas of change you mentioned. Change for change sake doesn't always mean it's a positive change.

Cant speak for other countries as I've been here for years, but Thais have it bad that's for sure. Often see groups [seems to be mostly females but not exclusively so] sitting at restaurant tables for example, none of them are talking to each other. All of them are glued to their screens. I mean might as well just get a takeaway and stay at home. Maybe I'm just an old git but this doesn't look anything like a good way to behave. Looks like an addiction to me.

Looking back, the 20 year Elite PE Visa at 1M baht was the best move one could have made considering all the problems I read about with other visa options for long term stays. I also received this email and my first impression was it's a complete waste of money. My second impression is given the recent [up to 400%] price hikes, plus the new tax changes that kicked in 1st Jan, they might not be getting as much business and earning the same income they once were. Doubt this gimmick is going to change any of that. Get a concession from the powers that be and make the new Privilege Visas tax exempt for overseas income [same same LTR Visa] and they might start attracting customers again.

Found it https://support.bitkub.com/en/support/solutions/articles/151000178947-reactivation-of-verification-kyc-system-for-non-thai-nationals-on-22-02-2024-from-07-00-pm-gmt-7-

https://support.bitkub.com/en/support/solutions/articles/151000178947-reactivation-of-verification-kyc-system-for-non-thai-nationals-on-22-02-2024-from-07-00-pm-gmt-7-

Is there a link on their announcements page stating such? I'll go take a look see if I can find one.

Announcement link? or personal experience?

55555 yip odd init. You will eat bugs, own nothing and be happy. I'm really into Ufology too, over 30 years interest in the phenomena. Next conspiracy theory about to be disclosed as conspiracy fact. Buckle up

Go CBDC, Go Slave/Satan coin. Shove it indeed. Lose your financial privacy, lose your freedom, simple as that. Use cash, send a message. Many are sleep walking into a QR code dystopian nightmare, all in the name of 'convenience'.

Yes I was told a Thai driving license would also be acceptable [by email] but I don't have one of those so used my UK one. I don't drive here, got out of the habit as my other half does all the driving.