SCOTT FITZGERSLD Posted August 24, 2021 Share Posted August 24, 2021 2 hours ago, CrunchWrapSupreme said: the selling price. 300k baht. $9000 USD. is that includes the bufallo? Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted August 24, 2021 Share Posted August 24, 2021 2 hours ago, Neeranam said: I stake DOT, KSM, SOL on Kraken. what is your password? i want to check your balance Link to comment Share on other sites More sharing options...
fdsa Posted August 24, 2021 Share Posted August 24, 2021 4 hours ago, simon43 said: How can you hack a cold wallet??! https://www.google.com/search?q=site%3Agithub.com+seed+phrase+bruteforce Link to comment Share on other sites More sharing options...
EdrigoSalvadore Posted August 24, 2021 Share Posted August 24, 2021 Not your keys, not your coins. Link to comment Share on other sites More sharing options...
Neeranam Posted August 24, 2021 Author Share Posted August 24, 2021 7 minutes ago, EdrigoSalvadore said: Not your keys, not your coins. Of course they are my coins, that's like saying money in the bank is not yours. 1 Link to comment Share on other sites More sharing options...
EdrigoSalvadore Posted August 24, 2021 Share Posted August 24, 2021 1 minute ago, Neeranam said: Of course they are my coins, that's like saying money in the bank is not yours. That´s your opinion, which is wrong. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted August 24, 2021 Author Share Posted August 24, 2021 2 hours ago, SCOTT FITZGERSLD said: the bitcoin can easily fall to 10K and even zero I take it you don't have any, strange thing to say. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted August 24, 2021 Author Share Posted August 24, 2021 5 minutes ago, EdrigoSalvadore said: That´s your opinion, which is wrong. That's a big new world of DeFi happening, if you think like that, you'll be left behind. I used to keep gold in the bank but realised it was losing value. By your thinking though, it wasn't mine ???? Link to comment Share on other sites More sharing options...
Airalee Posted August 24, 2021 Share Posted August 24, 2021 6 hours ago, Neeranam said: For example, a 15 million baht house, which is renting for 50k a month. That’s not a very good P/E ratio for a rental. With those numbers, I would rent and not buy. 5 hours ago, Neeranam said: I can rent my current house, or sell it when I move Are you sure you want to have an extra illiquid asset the may or may not be easily rented or sold? If it were me, I’d sell first and then move. 5 hours ago, Neeranam said: I need a house to live in, it is not an investment, but renting a house feels like throwing money away. If you don’t sell first, the old home becomes an investment. Whether or not renting is “throwing money away” all depends on the P/E (price to rent) ratio of the particular property. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted August 24, 2021 Author Share Posted August 24, 2021 21 minutes ago, Airalee said: That’s not a very good P/E ratio for a rental. With those numbers, I would rent and not buy. Are you sure you want to have an extra illiquid asset the may or may not be easily rented or sold? If it were me, I’d sell first and then move. If you don’t sell first, the old home becomes an investment. Whether or not renting is “throwing money away” all depends on the P/E (price to rent) ratio of the particular property. That was just an example. I've seen others renting for 30k and selling at 6 million. Ideally, I'd like to sell my current house first, but probably have to sell it and the land next to it at the price I bought it at 7 years ago, which is OK, I guess. Another thing, I'm moving about 600 km, so would like to do it gradually. Link to comment Share on other sites More sharing options...
chalawaan Posted August 24, 2021 Share Posted August 24, 2021 As an BTC buyer in the days when it was under a fiver a pop, I would sell. Why? Because as a small-timer, in a turbulent market, you are more likely to be crushed than made a crypto billionaire. If it is true that one BTC will equal extreme sums, then human nature will ensure that those with the power to do so, will do everything in their considerable power to remove those assets from you, the higher the assets go, the greater the risk of waking up to find that there is now a "war on crypto" to match the "war on drugs". And look how that's going. They're losing, but the casualties on the winning side are still unacceptably high. This is what desperation (on both sides) does. Of course there are powerful voices in the market, egging everyone on, but they have the leverage if it goes pear-shaped, we don't! There are just too many rug-pulls, and shenanigans, and the higher it goes, the more criminals, both state and transnational, will try to steal your assets. Mark my words, this time it NOT different. Sure blockchain is the future, but getting to there will more likely than not, be a vale of tears for the mug joe sixpack "49ers" with striking it rich dreams. On the second option, avoid Thai property unless you have few other options, rather invest in big ideas like Cathy Woods Ark ETFs again this is time-tested: in a gold rush, don't rush out and buy a shovel, rather sell shovels to the dreamers. If you stay the course, good luck, you'll need it. 1 Link to comment Share on other sites More sharing options...
Airalee Posted August 24, 2021 Share Posted August 24, 2021 6 minutes ago, Neeranam said: That was just an example. I've seen others renting for 30k and selling at 6 million. Ideally, I'd like to sell my current house first, but probably have to sell it and the land next to it at the price I bought it at 7 years ago, which is OK, I guess. Another thing, I'm moving about 600 km, so would like to do it gradually. If you get what you paid for it, consider yourself lucky (in this market). No need to move gradually. Hire a moving company and move into rental wherever you are considering buying for a short period to give yourself time to find the right house to purchase. I just think that the opportunity cost of holding onto a second home could be high. I’ve read many stories online where people have purchased a home before selling their current home only to regret that decision in hindsight. 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted August 24, 2021 Share Posted August 24, 2021 49 minutes ago, Neeranam said: I take it you don't have any, strange thing to say. it is not strange at all. bitcoin can become worthless overnight 1 1 Link to comment Share on other sites More sharing options...
Sharp Posted August 24, 2021 Share Posted August 24, 2021 7 minutes ago, SCOTT FITZGERSLD said: it is not strange at all. bitcoin can become worthless overnight Unfortunately it would take to much of my time explain how wrong you are but after 1000s of hours learning about Bitcoin, blockchain, fundamentals, utility case and reading the Bitcoin white paper I can assure you that your comment will not age well but you are entitled to you opinion wrong as it may be. Link to comment Share on other sites More sharing options...
patman30 Posted August 24, 2021 Share Posted August 24, 2021 1 hour ago, EdrigoSalvadore said: That´s your opinion, which is wrong. you have been mislead with such phrases if i take your car keys, is you car now mine? of course not. Link to comment Share on other sites More sharing options...
patman30 Posted August 24, 2021 Share Posted August 24, 2021 12 minutes ago, Sharp said: Unfortunately it would take to much of my time explain how wrong you are but after 1000s of hours learning about Bitcoin, blockchain, fundamentals, utility case and reading the Bitcoin white paper I can assure you that your comment will not age well but you are entitled to you opinion wrong as it may be. so you will know that clearly BTC is not Bitcoin ? 1 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted August 24, 2021 Share Posted August 24, 2021 1 hour ago, Sharp said: after 1000s of hours learning about Bitcoin, blockchain, fundamentals, utility case and reading the Bitcoin white paper IF you were so certain about bitcoin you would not budder to reply to me. but my remark was just FRIENDLY remark. anyway you look at it, bitcoin is a super dangerous asset and some top experts consider it's value as zero. Link to comment Share on other sites More sharing options...
uli65 Posted August 24, 2021 Share Posted August 24, 2021 8 minutes ago, SCOTT FITZGERSLD said: IF you were so certain about bitcoin you would not budder to reply to me. but my remark was just FRIENDLY remark. anyway you look at it, bitcoin is a super dangerous asset and some top experts consider it's value as zero. do you mean the same experts who gave AAA ratings for worthless mortgage related securities before the 2008 crash, hahaha 1 1 Link to comment Share on other sites More sharing options...
patman30 Posted August 24, 2021 Share Posted August 24, 2021 2GB blocks over 2 million transactions in 24 hours if you know, you know. 1 Link to comment Share on other sites More sharing options...
Sharp Posted August 24, 2021 Share Posted August 24, 2021 1 hour ago, patman30 said: so you will know that clearly BTC is not Bitcoin ? Indeed I do my apologies as the op was in my opinion talking about Bitcoin (Segwit) Link to comment Share on other sites More sharing options...
patman30 Posted August 24, 2021 Share Posted August 24, 2021 3 minutes ago, Sharp said: Indeed I do my apologies as the op was in my opinion talking about Bitcoin (Segwit) whats your handcash handle? just to be clear you mean the OP and others have been mistakenly conflating BTC with Bitcoin????? Link to comment Share on other sites More sharing options...
Chivas Posted August 24, 2021 Share Posted August 24, 2021 10 hours ago, Chivas said: Whilst I certainly do own limited crypto (and I do mean limited) make no mistake one of these days you guys will wake up one morning open the "wallet" and find zilch nada zero there. All gone disappeared There is absolutely "no one" to complain to as I found out with Coinbase when they froze an account for 4 months on the basis of security checks.....it was only $760 originally as well invested No phone support no live chat support no nothing. Coincidence or not at the end I opened another "ticket" and reported to them that I filed a complaint with the Police giving a bogus reference number (at this stage it hardly mattered any more) No joke 25 minutes later security check complete and "you can access your account again" Absolute farce of the highest order. You only realise that there is no complaints procedure with Crypto until its too late. Floating around in cyber space with absolutely no "asset value" behind it Recipe for disaster, Quoting myself and this just popped up on my work twitter feed Further words completely superfluous.... Link to comment Share on other sites More sharing options...
fdsa Posted August 24, 2021 Share Posted August 24, 2021 (edited) 8 hours ago, Neeranam said: Of course they are my coins, that's like saying money in the bank is not yours. I've had that exciting experience of getting my home country's bank account locked while I was in Thailand and bank's customer support told me over the phone that I need to come to the office to get my account unblocked. So — yes, my money in the bank appeared to be not my money. Luckily I've managed to get it unblocked without flying back home but still you've got the point. P.S. have some fun reading these threads: https://www.google.com/search?q=site%3Areddit.com+binance+account+blocked https://www.google.com/search?q=site%3Areddit.com+coinbase+account+blocked https://www.google.com/search?q=site%3Areddit.com+crypto.com+account+blocked "My wife had her account blocked for months now and no one from crypto.com is taking responsibility and unblocking it." your coins, sure Edited August 24, 2021 by fdsa Link to comment Share on other sites More sharing options...
fdsa Posted August 24, 2021 Share Posted August 24, 2021 6 hours ago, patman30 said: so you will know that clearly BTC is not Bitcoin ? the "BTC" ticker traded on most currency exchanges is the real Bitcoin regardless of your Bitcoin-Gold-fans / Bitcoin-SV-fans / Bitcoin-ASDFGH-fans opinion. 1 Link to comment Share on other sites More sharing options...
watgate Posted August 25, 2021 Share Posted August 25, 2021 Michael Saylor and other high worth individuals say the smart thing to do is to take a loan against the bitcoin.Michael Saylor equates owning bitcoin to very wealthy folks who have owned prime real estate in NYC for over a hundred years and NEVER sell their property. If they need funds they just take out a loan against the value of their prime property. I think if you took a loan against your crypto holdings to buy a house there would be no taxes to pay. If you took a loan out against your crypto holdings now while the value of your cryptos has currently appreciated and bought your house with the loan proceeds, then you would be insulated since you now have your house and if cryptos tank you just have to continue to pay off the loan. More importantly you still own all your cryptos and haven't sold any so should the price of bitcoin and other cryptos continue to rise then you will realize these further gains. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted August 25, 2021 Author Share Posted August 25, 2021 17 hours ago, SCOTT FITZGERSLD said: it is not strange at all. bitcoin can become worthless overnight If you don't have any, why are you here commenting nonsense about it? 1 Link to comment Share on other sites More sharing options...
Neeranam Posted August 25, 2021 Author Share Posted August 25, 2021 10 hours ago, fdsa said: "My wife had her account blocked for months now and no one from crypto.com is taking responsibility and unblocking it." your coins, sure What reason did they give? Link to comment Share on other sites More sharing options...
Neeranam Posted August 25, 2021 Author Share Posted August 25, 2021 2 hours ago, watgate said: Michael Saylor and other high worth individuals say the smart thing to do is to take a loan against the bitcoin.Michael Saylor equates owning bitcoin to very wealthy folks who have owned prime real estate in NYC for over a hundred years and NEVER sell their property. If they need funds they just take out a loan against the value of their prime property. I think if you took a loan against your crypto holdings to buy a house there would be no taxes to pay. If you took a loan out against your crypto holdings now while the value of your cryptos has currently appreciated and bought your house with the loan proceeds, then you would be insulated since you now have your house and if cryptos tank you just have to continue to pay off the loan. More importantly you still own all your cryptos and haven't sold any so should the price of bitcoin and other cryptos continue to rise then you will realize these further gains. Thanks, I've heard Saylor make that analogy and have faith in that but still a little scary for me. I think to satisfy my 'risk ability' or whatever it is called, I'd have more peace of mind going in fractionally, for example sell 60% of my crypto. Link to comment Share on other sites More sharing options...
MadMac Posted August 25, 2021 Share Posted August 25, 2021 Has nothing to do with the way you finance it, rent first, try out the neigborhood. Some are loud, some are unexpected. You can always buy later, it's a buyer market. But you will unlikely be able to sell it once you made the decision. So plan wisely. 1 Link to comment Share on other sites More sharing options...
patman30 Posted August 25, 2021 Share Posted August 25, 2021 (edited) 13 hours ago, fdsa said: the "BTC" ticker traded on most currency exchanges is the real Bitcoin regardless of your Bitcoin-Gold-fans / Bitcoin-SV-fans / Bitcoin-ASDFGH-fans opinion. Exchanges using a ticker does not determine what a protocol is. READ the whitepaper. Edited August 25, 2021 by patman30 Link to comment Share on other sites More sharing options...
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