Forex Trading in Bangkok, Thailand - Pip Mavens

Emerging Market

A space to share news/thoughts and trading ideas about Emerging Markets.
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Is forex trading legal in Thailand?

Well the good news is it is 100 % legal to trade forex in Thailand !
The laws for trading in Thailand are enforced by the Securities and Exchange Commission-SEC[1].
For Forex trading, the regulations fall within the "Securities and Exchange Act, B.E. 2535". This piece of legislation defines the rules for trading securities, investment advisory service, and futures and options. It states that:
"... a securities company shall comply with the rules, conditions and procedures as specified in the notification of the SEC"
Most popular and named trading platforms online are also regulated by authorities from other countries such as Cyprus by CySEC[2] (Cyprus Securities and Exchange Commission), ASIC[3] (Australian Securities and Investments Commission) which are a few of most common regulators for top Forex platforms. However one should be vary of brokers who claim to offer bonuses for opening accounts and various other too good to be true claims. A good broker will never offer free money ! One should also stick with bigger name brokers for they are often better regulated by authorities and have the financial muscle to carry out trades.
Btw, Forex community of Thailand no.1 forex forum techinical analysis forex,technical analysis gold,forex system,forex news,************
More on:- https://traderider.com
submitted by Rohitpure to u/Rohitpure [link] [comments]

4 Essential Tips to Focus While Trading Forex in Thailand

Staying focused on trades is the hardest challenge you will face as a Forex trader. From pouring emotions to becoming immensely confident, there are various recipes to lose! Only with self-care and self-control, you can ascend the ladders of Forex swiftly. https://forextradersinthailand.blogspot.com/2018/10/4-essential-tips-to-focus-while-trading-forex.html
submitted by wiratyut to forextopsites [link] [comments]

Thailand's Top 3 Forex Trading Strategies in 2018

Know the top 3 reliable forex trading strategies that works well in Thailand. The following link will brings you new idea of which strategies works well in 2018. Make the most of it. http://forextradersinthailand.blogspot.com/2018/09/thailands-best-forex-trading-strategies.html
submitted by wiratyut to forextopsites [link] [comments]

WikiFX: the murky business and the murkier methods

WikiFX: the murky business and the murkier methods
https://preview.redd.it/1rf74ljv34l51.png?width=960&format=png&auto=webp&s=566235871ce22dd3078f0532dfb672bff6eb0707
The irony of financial markets is that this business that officially has got as much regulation as arms trafficking, has also got the same problem –- numerous illegal entities that evolve around the niche.
Scam brokers, funds recovery services that rob the robbed traders, HYIPs, “learn how to make millions overnight” trading courses and a number of other schemes all tend to exploit the weak point of human nature – the belief that there is the magic device with the “MORE MONEY” button out there, that someone can sell you.

A thief shouting “Thief!”

Considering the above there is a high demand in society for truthful and unbiased information about the market players. WikiFX claims to be the provider of such honest information about brokers but in fact, makes money by blackmailing brokers and promoting any company that offers to pay enough in their rankings.
WikiFX is a classic illustration of a thief shouting “Get the thief!” louder than anybody else in the crowd. The strategy works unfortunately and traders tend to trust WikiFx broker’s ratings without questioning what these ratings are based on and who sponsors this global brokers’ database.

Paving the road with some good intentions

Even the most horrible crimes against humanity were done under the cover of best intentions. Starting with the first crusades and ending with the holocaust. There are always some sound arguments, protected people and reliable methods.
Ask any trader whether each forex broker must be regulated by a third party? The answer will be “yes” with a near 100% probability and this answer is totally correct. Know-your-customer procedures and some unbiased third-party control are essential for maintaining the overall transparency of any business in a sphere of finance. This is the argument that WikiFX starts with when promoting its service and there is absolutely no point to argue. Starting with an indisputable truth is a good strategy to win the debate.
“The long-term presence on the market adds credibility”, – says WikiFX, and hears “yes” again.
“Don’t you agree that the longer the company is in the business, the better?”. “Sure”, – the trader agrees one more time.
The mission is completed. This is when the broker ranker can add any other criteria to their appraisal methods. Traders will tend to trust the service because they’ve agreed upon the most important criteria. The rest are minor details.
But what if the rest of the appraisal methods are not just minor issues? What if these details can be the means to manipulate the facts as much as they want to?

Can WikiFX appraisal criteria be trusted?

If we take a look at any broker’s WikiFX rating, we can see that the criteria of appraisal are the following:
  • The year of registration
  • Regulations
  • Market Making license
  • Software license
For example, this is what the top-rated broker’s summary looks like at WikiFX:
WikiFX Forex com example
https://preview.redd.it/t4ugtbt344l51.png?width=625&format=png&auto=webp&s=95fddf8434faf8938d1a3f18bbd5f1da2ceb47e4
Looks good. Really. Regardless of the attitude to this particular brokerage, the work seems to be done fine. All the regulators are listed below, the information on the used software, licensing, and years of operation is included.
But what if we take some other random brokerage with one of the lowest rankings at WikiFX?
NinjaTraderBrokerage WIkiFX Ranking
https://preview.redd.it/pgyqp0u644l51.png?width=631&format=png&auto=webp&s=eb268faac83608a494c31a39eb1621f7132e3520
This is where the truth reveals itself. Once again, regardless of the attitude to this particular brokerage this is really easy to find out what they do, what licenses they’ve got and what kind of software they use.
Suspicious clone? Seriously? If WikiFX staff cared enough to do any investigation prior to stamping that “Suspicious” mark on the brokerage, they would have seen that both domains, nijatrader com and ninjatraderbrokerage com belong to the same entity.
NinyaTrader whois data
https://preview.redd.it/2097lkw944l51.png?width=563&format=png&auto=webp&s=079cc4248b825a3cd941c6b691a67bb9769f4f7f
If they cared enough to collect information on the brokerage from at least one reliable source, like Investopedia or any other similarly known database, they would also have found out that the company not only provides the brokerage service, but also is known for its trading platform with advanced technical analysis tools. But the only trading software that WikiFX considers reliable seems to be MT4/MT5. They simply ignore the fact that trading does not evolve around MetaTrader products, no matter how good and popular they are. WikiFX lowers the score of any brokerage with custom-developed software. We can clearly see this with the above example.
Other criteria that WikiFX is proud to use for the broker’s appraisal are regulations. Using the same example let’s see how well they do the appraisal in this field. As you can see above, WikiFX used the “Suspicious Regulatory License” stamp for NinjaTrader Brokerage.
And here is what The National Futures Association, that NinjaTrader is registered with as a futures broker has on its record:
NFA regulation of NTB proof that WikiFX did not consider to be trustworthy

https://preview.redd.it/di8fwkdd44l51.png?width=629&format=png&auto=webp&s=2de618d5df26bd8fcca99c51a6030f4bdfa7f776
We can’t expect every trader to know that any futures broker that wants to operate on the US market must be a member of NFA. This is the requirement of the Commodity Futures Trading Commission regarding the futures broker’s operations. But this is totally unacceptable for a broker ranking website, which WikiFX claims to be, to mark NFA-registered futures brokerage as non-reliable.
By the way, did you notice on the above screenshot that NTB has obtained the NFA license in 2004? Yet, this does not prevent WikiFX from claiming that the brokerage has only been providing its services for 1-2 years only, instead of the factual 16 years of operations.
We can long discuss the reasons that lie behind such selectivity of WikiFX but this random example clearly shows that any brokerage that provides access to non-forex derivatives trading or dares to suggest custom-developed software to its traders is in danger of receiving a negative review at WikiFX regardless of the factual reliability and regulations.

What lies beneath WikiFX selectivity?

WikiFX claims to have a team of professionals that are all involved in objective appraisal of broker’s services, licenses and used software. The methods used by these professionals remain unrevealed and as we see from the above comparison two similarly reliable brokerages can get any score from 1.0 and up to 10.0 at WikiFX, no matter what regulations they’ve got, for how long they’ve been in the business and what kind of software they use.
This is difficult to say what lies behind such selectivity with 100% confidence. The first thing that comes to mind is that WikiFX might be affiliated with some brokers. The hypothesis gets even more realistic if we try to understand who sponsors WikiFX.
There are no transparent built-in ads neither on the web-version of the website nor in its applications. There are no paid subscriptions for access to the database. This means that users sponsor the service with neither their attention to ads nor directly. Being the non-charity and non-governmental organization WikiFX can’t be sponsored with donations or a government. The only option that we have left is that brokers sponsor this ranking system directly, which automatically makes the whole system non-reliable and highly biased.
The only transparent method that we know WikiFX uses to collect money is sponsorship fees they collect from their offline events participants. Let’s have a look at the exhibitors of the recent WikiFX Expo in Thailand.
WikiFX Expo Exhibitors

  • TLC is a non-regulated investment platform that was founded in 2019
  • Samtrade FX is not regulated by any of the agencies that WikiFX itself lists as reliable
  • Forex4you is not regulated by any of the agencies that WikiFX itself lists as reliable
  • B2 Broker is a non-regulated broker
  • XDL FX is a non-regulated broker
  • VAT FX is a non-regulated broker
    Six out of sixteen WikiFX recent expo exhibitors do not have proper legal status according to the “standards” of WikiFX itself. This fact does not prevent them from promoting the services of these companies at their offline events. This conspicuous fact tells a lot about the attitude of WikiFX to common traders looking for reliable partners. Reputation is nothing but a sale item for this brokers’ ranking system.

Murky & Murkier

So far we’ve only discussed the facts that anyone can check himself using free tools and sources.
It was not that difficult to discover that WikiFX uses non-transparent standards for brokers’ appraisal. It ignores the specifics of some brokerages lowering their scores due to non-standard derivatives they offer to trade or custom trading software. It also promotes non-regulated and non-licensed brokerages, which is 100% against the declared WikiFX values and mission.
The rumors are that this company was also noticed blackmailing brokers with the purpose of making them pay for better reviews at WikiFX. There are also some signs that indicate suspicious promotion of WikiFX platform through social media and Quora. Some of the WikiFX positive reviews also look highly suspicious. All of the above is a matter of further investigation.
Nevertheless, thousands of users keep relying on the information provided by this scam ranking system. It may even look like all these users are satisfied. WikiFX has got 4.5 starts at Google Play, which sounds good enough. However, positive WikiFX reviews use similar semantics and are also highly suspicious. Despite the high average grade, Google Play finds the following messages to be most relevant and brings them to the top of WikiFX reviews:
Google Play most relevant WikiFX reviews

https://preview.redd.it/kftutvcl44l51.png?width=532&format=png&auto=webp&s=1ccb74ee156388285a2fab711dd604945c04377c

You’ve got the facts now and it’s time to make your own conclusions.

submitted by WorriedXVanilla to u/WorriedXVanilla [link] [comments]

Since I angered some Chads on /r/investing here's why I think China is the next "big short".

Fellow idiots,
I posted this comment which seems to have angered the highly sophisticated /investing community. I don't mind being downvoted but at least provide some counter arguments if you're going to be a dick. So in the pursuit of truth and tendies for all, I have prepared some juicy due diligence (DD) for WSB Capital on why China is on the verge of collapse.
TL;DR at the bottom.
Point 1: Defaults in China have been accelerating aggressively, and through July 2019, 274 real estate developers filed for bankruptcy, up 50% over last year. A bonus? Many Chinese state controlled banks have been filing for bankruptcy as well. Just google "china bank defaults" or something similar. Notice how many articles there are from 2019? When the banking system fails, everything else usually fails too.
Point 2: The RMB has depreciated significantly. Last time this happened, in 2015-2016, there was a significant outflow of foreign invested capital. According to the IIF, outflows reached $725bn due to the currency depreciation.. This time is different why again? I have heard some arguments why there will be less outflow this time, but I struggle to buy them.
Point 3: Despite wanting to operate like a developed economy, China still has not been able to shrug off the middle income trap. Their GDP per capita is comparable to countries we normally associated with being developing/emerging markets. Tangentially related to point 10.
Point 4: China is an export-dependent economy, with about 20% of their exports contributing towards their GDP. Less exporting means less GDP, less consumption (because businesses make less money, they pay people less, who in turn spend less), which has a greater effect on GDP than any declines in exports would have at face value. Guess what? Chinese exports dropped 1% in August, and August imports dropped -1%, marking the 5th month this year of negative m/m export growth..
Point 5: Business confidence has been weak in China - declining at a sustained pace worse than in 2015. When businesses feel worse, they spend less, invest less in fixed assets, hire less until they feel better about the future. Which takes me to my next point.
Point 6: Fixed asset investment in China has declined 30 percentage points since 2010. While rates are low, confidence is also low, and they are sitting on a record amount of leverage, which means they simply will not be able to afford additional investment.
Point 7: They are an extremely levered economy with a total debt to GDP ratio of over 300%, per the IIF, which also accounts for roughly 15% of global total fucking debt. Here's an interview with someone else talking about it too.
Point 8: Their central bank recently introduced a metric fuckton of stimulus into their economy. This will encourage more borrowing....add fuel to the fire. Moreover, the stimulus will mechanically likely weaken the RMB even more, which could lead to even more foreign outflows, which are already happening, see next point.
Point 9: Fucking LOTS of outflows this year. As of MAY, according to this joint statement, around 40% of US companies are relocating some portion of their supply chains away from mainland. This was in May. Since May, we have seen even more tariffs imposed, why WOULD companies want to stay when exporting to the US is a lot more expensive now?
Point 10: Ignoring ALL of the points above, we are in a global synchronized slowdown, with many emerging market central banks cutting rates - by the most in a decade. Investors want safety, and safe-haven denominated assets are where we have seen a lot of flocking into recently. Things that can be considered safe-havens have good liquidity, a relatively stable economy, and a predictable political environment.
Would love to hear opposing thoughts if you think China is a good buy. I am not against China, nor any other country for that matter, but I am against losing money (yes, wrong sub etc.), and I can not rationalize why anyone would be putting in a bid.
TL;DR: the bubble is right in front of your face, impending doom ahead, short everything, fuck /investing.
Edit, since you 'tards keep asking me how to trade this, there are a few trades that come to mind:
*not investment advice*
submitted by ComicalEconomical to wallstreetbets [link] [comments]

Trading location

I am a forex trader in srilanka, I’ve been trading currencies for the last 3 years now, 2 of which have been full time. I am currently looking to move to another country, because although the low taxes make srilanka an attractive location, the lack of political stability and strict laws on capital movement out of the country have hindered my capital growth. I did some research and all sources point to Thailand, is that the only solution or are there any other locations I can move to with low taxes?
submitted by kokid182 to Forex [link] [comments]

Trading location

Trading location
I am a forex trader in srilanka, I’ve been trading currencies for the last 3 years now, 2 of which have been full time. I am currently looking to move to another country, because although the low taxes make srilanka an attractive location, the lack of political stability and strict laws on capital movement out of the country have hindered my capital growth. I did some research and all sources point to Thailand, is that the only solution or are there any other locations I can move to with low taxes?
submitted by kokid182 to Daytrading [link] [comments]

Can a simple day trading strategy really be profitable?

One of my friends has mentioned to me that he met some guy in Thailand who was basically a travelling day trading nomad. He asked this guy what his strategy entailed, and Mr Nomad basically told him he only trades two forex pairs and that his strategy uses a 10, 30 and 50 MA and “outside bars”.
My friend said that the way he mentioned it, was as if there was nothing complicated about it. The guy doesn’t do any fundamental analysis either.
Is it BS or can a trading strategy/system be so simple and be that profitable? (Dude said that he was averaging $4000 a week...)
submitted by Syd_G to Daytrading [link] [comments]

Concerns on DeFi

Hello,
Just wanted to share some of my legitimate concerns around decentralised finance with the broader community. To be quite clear - I am a huge fan of Ethereum and DeFi and believe this could lead to the future of finance. However, I do worry if there is a circle jerk within the community that could lead to a lack of adoption in the coming months. I will try and keep this as short as possible. By all means, do understand I am coming from the pov of sharing constructive criticism and not dissing on the efforts of those building.
If you are solving for these problems in particular, please ping me and I'd love to talk further with you
  1. On-ramps The largest problem for much of the developing world is the fact that while DAI can without doubt give dollar exposure, acquiring them is quite a difficult task. In fact if DAI demand goes up substantially in a region, it could have premiums of upto 25% which makes it a bad on-ramp tool without necessary liquidity in place. (check Wazir X p2p USDT rates in India for context). This problem is not endemic to DAI alone but is applicable to stable tokens of all kinds. With regional regulations in nations like Thailand, Vietnam, Indonesia, Phillipines, Malaysia and India not being clear on stable tokens in particular, it becomes an uphill task for developers to build on it. More importantly, it becomes less appealing for the average individual to use. Now typically this wouldnt matter if the point of DeFi was to be a niche project aimed at a small community. However, DeFi has the power to be the first mass market blockchain tool for the world. Consider it to be the "e-mail" or "napster" moment for blockchain based applications. IF we are to scale then on-ramps and off-ramps need to be solved for. This can happen only and if the community begins engaging with regional regulators and exchanges begin providing solutions. In an ideal world, acquiring stable tokens should be as easy as venmo'ing someone $10 dollar and receiving say $9.90 (1% fee) in Incento (incento.io seems interesting, not shilling but do check them out!)
  2. Incumbent Efficiency In order for a system to scale past a certain point, the value add it brings needs to be considerably higher than the incumbent. Depending on the size of the remittance market, there exists multiple payments and wire transfer corridors set up by startups today to solve for quick transfers. In fact during times when a blockchain like those of Ethereum's or Bitcoin's are clogged - transferwise can prove to be a cheaper, better alternative than tokens. This is not to diss on the fact that decentralisation and immutability has a price attached to them, but for the average user today alternatives are far better than token based products. The challenge when it comes to scaling - especially towards L2 is whether products can be incrementally better than their incumbents in exchange for some trade offs (eg: relative centralisation in lightning for minimal fees and quicker confirmation). Today's DeFi apps have to make a call between being ideological and efficient because it seems there is a price attached to ideology and retail users aren't willing to pay that price.
  3. Slippage Much props to Kyber and Uniswap for solving for this on most DeFi apps but there remains challenges in how settlements for defi instruments today happen. As the scale of volume on products like DyDx and Nuo increase and the expected accuracy at which trade settlements are anticipated to be limited to, there will come a point in time where traditional market-makers will have to enter the system. At $500 million the DeFi space's largest traders constantly reel from price slippages and a lack of liquidity. How can we scale to $10 billion or $1 trillion without the kind of liquidity that could instill confidence in large whales. In order to solve this, there will come a point in time where hedge funds and dark pool service providers from traditional markets begin targetting DeFi instruments. The community will likely see this as an all out assault on the principles DeFi has been built upon but to be honest, this will be a quintessential requirement for the space to grow. We are seeing an early variant of this already with the likes of Cred raising $50 million to re-issue as debt (yes, not entirely DeFi) or with MakerDAO having VC partners that come from traditional backgrounds. Even in the case of products like Dharma and compound, the market-makers are hedge funds. We will see a convergence of traditional market products and DeFi soon. That will be an exciting phase imo.
  4. Product-Market Fit Debt is one of the oldest financial innovations in the markets. Quite literally. Some of the first ever tablets recorded debt obligations and as such have been quintessential to the growth of human civilisation. MakerDAO's proposition of issuing token backed debt is by all means revolutionary but in order to see true scale, DeFi has to grow beyond the individuals that can give assets as collateral. I reckon there will be a new layer of growth for DeFi soon that will be powered with open-data and AI. One where an individual's credit worthiness could be checked with the individual's permission on basis of on-chain tx activity and self sovereign identity. I also see a market for AI based lending rate predictions and forex management by central banks. Autonomous agents can realistically analyse tx's in and out of a country, account for macro-economic indicators and optimise internal lending rates and foreign currency reserves. Ofcourse it is too early for any of this to take place but within the next decade our markets will be far more (i) closer due to globalisation and (ii) automated due to improvements in AI. DeFi is all well and good but if we are going to beat the same old drums of economic instruments that were created thousands of years back, there may be no real value proposition here. LsDAI, rDAI, CDAI, DAI... are all interesting but the average user sees no value yet. Which makes me wonder if we are sitting around patting each other's back before we see something productive (a unicorn from the DeFi ecosystem perhaps?)
  5. Scale 4.5 billion. That's the number of unbanked individuals that can be catered to with an L2 payments solution powered by Ethereum. Challenges? On-ramp, storage of private keys, user education and bloody hell - marketing and user education. Emphasis on the last 2 because I feel not much focus is given on it. We can no longer build and hope the markets come. We are in an era of Zombie startups where startups with north of $100 million+ valuations in Mcap, that raised north of $10million in 2017 from ICOs are sitting on ~1000 users a month. People think the alts blood seepage is done but it is likely that that bleeding wont stop until we find users. And when we do find users, we cant expect them to be using a gazillion tokens, each with weird token economics and even more complex functioning to be using them. Standardising of token interactions through wallets and interoperability will solve for these challenges but its time we asked what are the biggest problems DeFi can solve today? Here are some hints.. NFT based Income share agreements -Non collateralised debt for gig economy corporations that are registered as DAOs -DAO treasury management -Forex off-ramps for tourists (P2P) More on these later..
Just wanted to share my $0.02.
submitted by WiseAcanthisitta5 to ethfinance [link] [comments]

E-F 1k-5k

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frugalcosplay FrugalHouston frugalinteriordesign frugaljerk FrugalMensFashion frugalnyc FrugalPaleo FrugalSports frugalsupplements FrugalTO frugaltravelgear FrugalUrbanHermits FrugalWedding FrugalWrist fruit fruitfaces Fruitgore FruitsBasket FRUITUNION FruityLoops FryMyMeme fsf fsusports fsx FTB_Design FTH ftm_irl FTM_SELFIES ftmcirclejerk ftmfashionadv FTMfemininity FTMMen FTMOver30 FtMpassing Fuchsia fuck FuckableFaces fuckanimals FuckArvo FUCKBLOAT FuckCaillou Fuckcancer FuckCilantro fuckcoop FUCKDAVIDKING FuckDruid fuckedupsimsstories FuckedUpThoughts fuckerebus fuckfuckfuckthirdsub fuckfuckthirdsub FUCKGARY Fucking fuckingcooking FuckingDragonCars FUCKINGINFURIATING fuckingkaren fuckmarrykill FuckMindy fuckmoash FuckMyLife FuckMyne fucknoobmaster69 fuckpatty Fuckscapes Fuckstannis FuckStuartLittle FuckTedFaro FuckTheZuck fuckthirdsub FuckToken FuckUnitedAirlines fuckyea fuckyoumorgan Fude FuelRats FujifilmX fulbo fulbright fulhamfc FullAlbumsOnYouTube fullanimeonyoutube fullconcertonyoutube fulldisclosure FULLDISCOURSE fulldocumentary fullhouse fulllife fullmatch fullmatchesonyoutube fullmetalifrit fullmovierequest FullNames FullNEWS fullnfl FULLPOSADISM FullSciFiMovies FullSkateVideos FullSpeedAhead FullStack fullstalinism FullTiming fulltvshows fulltvshowsongoogle FullyClothedAsians Fun FunAskReddit functional functional_miniatures FundersToken fundraiser FuneralDoomMetal FuneralHomePorn FunFair Fungi FungusZombies FunHolsters funimation funkhouse Funko_Pop FunkoPopDeals FunkStyle FunniestVideos Funny_Autocorrect funny_news funny_pics_videos funny_uncensored funnyanswers funnybutsad FunnyButWhy funnycarmods funnycats FunnyCommercials FunnyDankMemes Funnydogs funnyfartstories FunnyGun funnymeme funnyphilosophy funnyreviews FunnySad FunnyStockPics funnystories FunnySupernatural FunnyTexts funrun FunUnsolvedMysteries Funwaa furby Furi FuriousParents furniture_design furnitureporn furniturerestoration furrealmemes FurriesAreSubhuman furry_catwalk FurryHateFederation furryjerk fursona fusion Fusionfall fuslieandedison FusterTwins Futanarly futbolmx futsal FuturamaBlockchain futuramashitposting FuturamaSleepers future future_economics Future_Technology FutureAnthropology FutureBassProduction futurehouse FutureMan futurememes futureology FuturePresent FutureSchoolCool FuturesTrading futuretechno futureworldproblems Futuristpolitics fuuka Fuzzrock fweddit FWEPP fwjodye fxKorea FYFFest FZ07 FZ09 Fzero
submitted by j259awesome to u/j259awesome [link] [comments]

Best country for digital nomads

Yes, I know there's a lot of lists out there but they all seem a bit .. commercial. Not real..
I'm a traveller of almost 8 yrs. Getting tired of moving around so much. Been trading stocks to fund my travels. Currently looking into forex for a more comfortable way to travel.
So far Vietnam has been the best place for good reliable internet and good value for accommodations, not to mention an interesting place to explore when I get bored.
Any other digital nomads out there? What's your favorite country for resting and working?
Lviv, Ukraine was also nice except for the neo nazi white supremacists and ironically turkish sex tourists.
Bali was great but terrible internet disqualified it for me.
Thailand was great but too many trashy sex tourists. Looking for something a bit cleaner (tourists wise)
Currently in Mexico where u get 6 month tourist visa and good internet. Great food. Interesting culture.
Considering Argentina for my next stop but it's much more expensive.
submitted by NomadicTrader2019 to Nomad [link] [comments]

10 Blockchain Companies To Watch In Asia

10 Blockchain Companies To Watch In Asia

https://preview.redd.it/bjix9mvdw2m31.png?width=864&format=png&auto=webp&s=0c7b463f7bcf30dfe1bff31aa70b33ca6e002e8f
Article by Forbes: Joresa Blount
In 2018, Asia was one of the leading regions in terms of growth of blockchain jobs, cryptocurrency usage, innovation, and general openness. Despite some early woes with China banning ICOs, China still produces nearly 70% of crypto mining activity.
For users and entrepreneurs, the Asian ecosystem is in general a friendly one. For example, in Singapore Bitcoin is taxed as a good rather than a currency, setting a 7% flat tax for trades or purchases using Bitcoin. In Japan, messenger giant, LINE, was just granted a crypto exchange license from the Japanese financial regulator. In Korea, news just broke that the country’s largest entertainment company would be launching its own token.
Besides the name brand companies that are exploring crypto solutions, there are hundreds of innovative startups and founders looking to radically disrupt their respective industries with blockchain technology. This list contains ten innovative blockchain startups based in Asia worth watching, including exchanges, fintech startups, and more.
Today In: Innovation
1. Level01
Level01 is the world’s first broker less derivatives exchange in collaboration with Thomson Reuters. Through using blockchain technology, the platform eliminates middlemen while providing a decentralized trading experience. Users can trade derivatives and options in forex, cryptocurrencies, commodities, stocks and indices, all from the Level01 platform and app.
Level01 does this by using Distributed Ledger Technology (DLT) for transparent and automated trade settlement on the blockchain, with their unique Artificial Intelligence (AI) analytics called Fairsense that provides fair value pricing dynamically to counterparties in a trade, based on current and retrospective market data from Thomson Reuters. The platform and app are currently undergoing stringent beta testing by 50 experienced traders.
2. Galaxy Pool
Galaxy Pool, also known as GPO, is a brand-new asset issuance style on blockchain that utilizes intelligent contracts for initial digital asset issuance. In general, GPO assets can be best described as mining machines used to explore various kinds of digital assets that can obtain value-added benefits of GPO through the repurchase and destruction of pond profits.
With this brand-new asset issuance style on blockchain, more humanistic investment opportunities with free withdrawal rights can be provided to investors.
3. Biki
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 220 trading pairs. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users, 130,000 daily active users, over 2000 community partners and 200,000 community members in under a year.
BiKi’s competitive advantages include helping projects with marketing, influencers, brand awareness, and community growth in the Chinese markets and abroad. With a global approach, BiKi also helps Chinese companies go global and international companies penetrate Chinese markets.
4. Whitebit
With a global team of over 100 people, Whitebit is a professional digital asset trading platform that services most major Asian markets via a European license. The exchange holds 95% of user funds in cold wallets and offers users an intuitive user interface with real-time orderbooks, charting and technical analysis tools, and automation features. Whitebit’s major competitive advantage is processing speeds of up to 10,000 trades every second and 1,000,000 TCP connections.
Whitebit has also announced the release of S.M.A.R.T. Box, a program that allows users to budget and allocate funds based on unique plans with varying durations and interest rates. Next is the launch of margin trading in Q4 2020, as well as mobile iOS and Android apps and an eventual US license.
5. Opu Labs
Opu Labs is creating the self-care business model of the future starting with the skincare space. There are over 1.2 billion online skincare consumers with a $3 billion digital services business. Opu Labs helps make the decision-making process easier by offering free advice powered by AI, rewarding users for their purchase data using blockchain technology, and using robust technologies to connect brands and consumers.
Under the leadership of CEO Marc Bookman, Opu Labs was named in the top 25 healthcare solutions by CIO Applications and won the start-up GrandSlam in Singapore. To date, $2m in rewards have been earned on the platform and the company will be releasing their long-awaited apps soon.
6. Coinsbit.io
Thanks to his vast expertise, experience, and sense of the market, Nikolay Udianskyi created a high-quality crypto exchange called Coinsbit.io. Now leading the Asian crypto market, Coinsbit was named the best 2018 crypto exchange at Asian Blockchain Life 2019.
Coinsbit is planning to further distinguish itself from the competition through a series of novel functions. Among its plans is a P2P microfinancing lending service that will enable users to borrow and lend money on the platform. Coinsbit will ensure privacy for all users and will not require borrowers to show their credit history. An additional planned feature is an invest box service, which will reward users who deposit cryptocurrency by paying them interest on various coins.
7. GST Coin
GST is a comprehensive digital application platform which integrates encrypted payment currency, blockchain and artificial intelligence technology. It is dedicated to providing the most valuable intelligent digital asset service for every user and creating a new GST digital public chain in a diversified market structure. GST project is committed to using the most advanced technology to create the most perfect user experience, and it has always been in the forefront of the market in the decentralized security sharing architecture.
GST was born out of MHC Asset Management Corporation, a high-tech enterprise engaged in R&D and innovation of blockchain technology. Their executive team includes CEO Ms. Zhang Qun and other leading technologists and entrepreneurs in China.
8. Columbu
Columbu (CAT) is a global community-based open-source blockchain project that has been active since 2017. Under CTO David Su, CAT’s main focus is building a high-performance DAPP development platform and community encouraging and autonomous system based on software and hardware combined GCloud Everest computing platform. This is the world’s first public blockchain (distributed cloud) using CUDA and blockchain technology.
The project will allow for a worldwide distributed and free economic collaborative network of intelligent economies. This will happen through a community incentive mechanism and autonomous system to build in real-time. The project has an ambitious roadmap that will include growing its global developer community and other projects within their ecosystem.
9. KBC
Registered in Singapore, KBC is the powering token of a global financial infrastructure and range of products focused around gold. These products include an innovative Voice-over-Blockchain smartphone called IMpulse K1, a crypto payment merchant processor called K-Merchant, and a cryptocurrency exchange and trading platform. Together these products and entities combine to form the Gold Imperium, the company’s financial ecosystem.
The company has attracted heavy interest from users who have seen the benefits of having both gold and cryptocurrency exposure, as well as the ease of use of being able to use each day to day through tokens such as KBC. As both markets expand, keep an eye on KBC.
10. TEXCENT
TEXCENT is a Singaporean blockchain and fintech startup focused on fully-integrated solutions for remittance, payments, and microfinancing. Using blockchain technology, the company wants to provide seamless and convenient digital financial services solutions to Asia and the world. TEXCENT is currently focusing on the Philippines, Vietnam, Thailand as these markets will grow exponentially in the next 5 years.
Their current products include PAYCENT, an app and hybrid wallet, as well as TEXCENT, a remittance solution with zero fees. TEXCENT has already acquired a remittance license from the Monetary Authority of Singapore (MAS) and is in the process of getting similar licenses for UK, Malaysia and Hong Kong in the coming months. The company is also a member of the Singapore Fintech Association.
submitted by GTE_IO to u/GTE_IO [link] [comments]

My ultra conservative take on staking returns at THIS very moment.

Ok I'm going to be ultra conservative right now and try and calculate our possible staking rewards at this point. First, let's look at some facts:
Omise has about 55.000 merchants at this moment using their product at this moment (taken from their website) Let's just say every merchant handles about lets say 60 dollars per day. This is ultra conservative. Let's not forget McDonalds Thailand is added to the merchant list and they are also based in Singapore and Japan. Now I've been in those 2 countries and you pay 20 dollars for a beer sometimes. They are expensive. For a complete list look at the marchant list of Omise: https://www.reddit.com/CryptoCurrency/comments/71h2gv/omisego_merchant_list/ . Note they have Thai Airlines on there as well. They just need 0,5 costumers a day to buy 1 ticket to get to that 60 dollar a day, just saying.
Okay so we have 55.000 merchants, handling 60 dollars a day, for 365 days a year (on average, weekdays probably more busy or perhaps saturdays the most busy day of the week, no one knows). That is 1,2 billion dollars a year at the very least. This is JUST the amount of money OMG handles on their regular payments network. This is so freaking conservative I it's funny.
Ok so now we have established OMG will handle about 1,2 billion dollars per year just on their payments network.
Then we have the international conglomerate, TOPPAN, GlobalBrain, Tendermint, Electrify, and most importantly TrueMoney as partners and users of the blockchain. The last one transferring 4 billion dollars over 6 countries according to Jun. This is the tweet: https://twitter.com/jun_omise/status/917556490189266945
Let's be ultra, ultra conservative and say that adds about 3,5 billion dollars to the network. That totals 4,7.
THEN we have Tendermint/COSMOS. This is where it gets interesting. OMG has a longterm partnership with Cosmos, creators of Tendermint. (source https://blog.omisego.network/approach-to-delivering-scalability-56d034619ef0). Omisego will go live on this network and start their PoS protocol here first. Then move to Plasma once its complete. This could also mean that tendermint volume will transact through the OMG network once its own blockchain goes live in order to keep transaction costs as low as possible and allow for even more transaction than tendermint is able to do right now. Why else would they partner up?
Lets take a close look at this tweet, retweeted by Tendermint on twitter: https://twitter.com/cerebralbosons/status/944291345597943814 "Just found out there's a production app that's been running on the @tendermint_team platform for 9 months and clears half a billion $$ a day!" In the comments I found the production app is https://fxclr.com/ The Forex Exchange clearing house.
Half a billion dollars. Per day. Let that sink in. However, lets be ultra conservative and make that 5 billion dollars per YEAR for an app/business that does only 0,0027% of that amount (I feel stupid for being THAT conservative really). That brings our total to 5 + the earlier mentioned 4,7 billion to 9,7 billion dollars. Now lets also assume that MAYBE some other businesses, merchants or even a freaking NATION STATE as mentioned by Thomas Greco at the Token summit bring another 1,3 billion dollars to the table. This gives us 11 billion dollars through the network per year. Now again, I believe this is ultra conservative and I think this can actually be 2 or even 3 times as high right off the bat as they have a White label wallet, meaning any business can just plugin to the OMG network with the blink of an eye for 2 to 5 times less transaction fees...
So what will this deliver for the stakers?
Let's take our ultra conservative 11 billion dollars and lets assume 1% transaction fees (Mind you, Omise is currently asking 3,65% per transaction). Also lets assume about 52 million coins are staked from the current circulation supply + the 38million OMG hold themselves meaning 90 million staked coins.
11 billion x 1% fees divided by 90 million stakers = 1,22 dollars per staked coin per year. This is the ABSOLUTE, laughable conservative minimum in my eyes.
With a current trading price at 17,81 that gives you a 6,8% return on your initial investment. This is why you buy NOW.
HOWEVER.
As noted by Omise on their website, they have a 500% increase in transaction from 2015-2016. Adoption rate can be fast, especially with low fees and the most possible transactions in crypto. They are unbanking the banked and they are banking the unbanked. They have a decentralized exchange, they are in talks with a messaging app (source: crowdsale doc), others can stick into the OMG network with their SDK wallet, they have SO MUCH going on right now.
This has so much potential I cant even wrap my head around it anymore. Like Thomas Greco said at the token summit (https://www.youtube.com/watch?v=1eluNnM0f9Q) : a 1 billion market cap is potentially insignificant. I believe it is.
submitted by instyle9 to omise_go [link] [comments]

Some news you may have missed out on part 104.

-Pakistan to be out of FATF's grey list by September, promises Central Bank
Islamabad will strictly implement the requirements of the Financial Action Task Force (FATF) in order to get out of the money laundering grey list released by the Paris-based body, a senior official of Pakistan's Central Bank said on Wednesday. FATF had previously placed Pakistan on its watch list of countries that need to do more in relation to anti-money laundering and combating the financing of terrorism.
"The FATF challenge has be to be addressed. Pakistan has mandated upon itself to enforce the FATF plan in letter and spirit. Whatever the requirements about the FATF plan are, they will be imposed and Pakistan will be out of grey list by September 2019. FATF is a risk but we are addressing it in the right letter and spirt," said Syed Irfan Ali, executive director for Banking Policy and Regulation Group at the State Bank of Pakistan.
-NAB finds 'proof of massive money laundering' against Sharif family
The Sharif family’s troubles seem set to worsen as reports suggest the National Accountability Bureau (NAB) has found evidence of massive money laundering through which Shehbaz Sharif and his family members accumulated assets in the United Kingdom.
According to sources privy to NAB’s investigation, the illegally accumulated assets are worth Rs85 billion to Rs100 billion and were bought during Shehbaz’s tenure as Punjab chief minister.
They said the evidence found was irrefutable and showed striking similarities with the money laundering and fake accounts case against former president Asif Ali Zardari and other Pakistan Peoples Party leaders.
-US debunks Indian claims of shooting down PAF F-16
Indian claims of shooting down a Pakistan Air Force (PAF) F-16 on February 27 were debunked by US officials as all aircraft are accounted for. Pakistan invited US officials to physically count the F-16 planes after the incident. Some of the aircraft were not immediately available for inspection due to the conflict, so it took US personnel several weeks to account for all of the jets, one of the officials said.
The report stated that two US defence officials with direct knowledge of the matter said US personnel had done a count of Pakistan’s F-16s and found none missing.
-Finance minister rules out further rupee devaluation
Finance Minister Asad Umar on Friday ruled out the need for further devaluation of the Pakistani rupee as the currency stands at equilibrium. “The International Monetary Fund (IMF) has made no demand for rupee devaluation,” Umar clarified categorically while addressing at Pakistan Stock Exchange (PSX) through online video conference. “Today, the State Bank of Pakistan (SBP) has clarified the rupee is standing at equilibrium,” he said. Dismissing reports of further devaluation, he added: “Stop circulating rumors that Asam Umar has said rupee would depreciate to 160 or 180.”
-o
For the Centre for Social Justice (CSJ) in Lahore, Christian children have the right to study the Bible, Hindu children have the right to study the Bhagavat Gita and Buddhist children have the right to study the Vedas. Together with the People’s Commission for Minorities Rights (PCMR), the CSJ held a conference on 29 March in which they adopted a resolution entitled ‘Right to education without discrimination’ demanding the right of minorities to teach their own religion in schools, as guaranteed by Article 22 of the Pakistani Constitution. Currently, only Islam is taught in schools.
-China’s BeiDou Navigation System Will be Able to Replace GPS in Pakistan Soon
Pakistani military reliance on the US-owned Global Positioning System (GPS) will be reduced after the use of China’s Beidou satellite navigation system which is projected to achieve global coverage by 2020. This was the crux of background discussions between former military officials and telecom experts.
Beidou is the world’s fourth space-based navigation system, following GPS by the United States, GLONASS by Russia and Galileo by the European Union. According to experts, the satellite-based system plays a vital role in the modern world, especially during wartime.
-PM Imran Khan announces unprecedented 10 years development package for tribal districts
Prime Minister Imran Khan has announced a ten-year special development package for tribal districts. Addressing a big public meeting at Jamrud, Khyber district this evening, he said one hundred billion rupees will be spent on the development of tribal areas each year. He said health, education and sports facilities in tribal areas will be enhanced.
-SBP’s Forex Reserves Cross the $10 Billion Mark
The foreign exchange reserves of State Bank of Pakistan (SBP) have crossed the $10 billion mark by March-end. During the week that ended on 29 March 2019, SBP received inflows of RMB 15 billion (equivalent to US$2.2 billion) as proceeds of the loan obtained by the government of Pakistan from China. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by $1.931 billion during the week.
-Benami Properties: FBR takes an unprecedented step
Federal Board of Revenue has established three Benami Zones at Karachi, Lahore and Islamabad for enforcement of Benami Transaction (Prohibition) Act, 2017. In a press release issued today (Thursday), it was said after examination of available information FBR Benami Zones Karachi and Lahore have issued show cause notices in six cases of Companies holding shares and immovable properties as Benamidar.
-Ministry of Finance proposed to amend Foreign Exchange Regulations Act in Pakistan
Ministry of Finance has proposed to amend the Foreign Exchange Regulations Act 1947 to prevent illegal foreign exchange transactions. Under the proposal, the previous act will be updated with an amendment act to empower the State Bank of Pakistan to regulate foreign exchange regime in the country more effectively.
It said proposed amendment has been approved by the Federal Cabinet and transmitted to Parliament for enactment. The measure is a part of government's efforts to enhance the transparency of financial transactions.
-KP government launches 'Pink Bus Service' exclusively for women
Khyber Pakhtunkhwa government launched on Thursday ‘Pink Bus Service’ exclusively for women in Mardan. A spokesman of the project told our Peshawar correspondent that a total of seven Pink Buses will ply in Mardan. There are fifteen bus stops each facilitated with the solar panels.
-Pakistan makes a new offer to Iran, FTA in works
Pakistan has invited Iran for talks on a free trade agreement (FTA). Pakistan has proposed that talks could be held on April 23-24 in Pakistan. The report added that lack of direct banking channel between the two countries is the main hurdle in finalizing the free trade agreement.
-Govt Mulling to Withdraw 10% FED on 1,700cc Vehicles: Abdul Razaq
The government is considering to withdraw its decision of imposing 10% federal excise duty (FED) on cars with engine capacities exceeding 1,700cc. The Senate’s Standing Committee on Industries and Production, on Wednesday, was informed that the 10 percent FED imposed on locally manufactured cars and SUVs, having engine capacity exceeding 1,700cc, would be withdrawn soon.
-Govt to Crackdown Against High Medicine Prices & Launch An Online Price Portal
The federal government has ordered a crackdown against pharmaceutical companies that are illegally increasing medicine prices. Minister for National Health Services (NHS), Aamer Mehmood Kiani, ordered an operation against such firms on Wednesday.
“Though the Drug Regulatory Authority of Pakistan (DRAP) deals with the matter, as a government representative, I consider myself responsible for providing relief to the masses and answerable to them. I am personally looking into the matter and would not tolerate an illegal and unauthorized increase in the prices of medicines,” the minister said.
-Pakistan’s First Environment Friendly Food Festival to Start on 5th April
To discourage single-use plastics and promote sustainable food consumption, WWF-Pakistan is organizing the country’s first environmental-friendly food festival in Karachi. The festival, ReFest, aims to reduce food waste and raise awareness about eating food in a responsible way as well as adopting sustainable practices in our daily lives such as reduced use of single-use plastics. The theme of the festival is to spread awareness about the cause and enjoy the festivals responsibly, as per WWF, festivals were one of the reasons of over-littering due to massive use of single-use plastic in food festivals. The idea is to promote a sense of responsibility among citizens about how we can enjoy and be responsible at the same time.
-Gilgit is Getting a Dedicated Tourism Police Division
Gilgit-Baltistan Inspector General of Police (IGP) Sanaullah Abbasi said that a special tourism force will be formed in the region to ensure the safety of national and foreign tourists. He also told that the GB government will deploy 700 personnel for the protection of the China-Pakistan Economic Corridor route. The special tourism force called, “Tourism Police Division” will be set up on the model of Malaysia and Thailand.
-PM takes part in Hyderabad University’s Groundbreaking Ceremony.
The project is projected to complete within 3 years, with over Rs. 2 billion as the estimated cost. The land for building the university has been marked in Kohsar. A bill will be passed from the National Assembly for the construction of the university. The name of the university has been decided as “Federal Urdu University Hyderabad”.
-Facebook Launches Its Innovation Lab Platform in Pakistan
Facebook and Pakistan’s Ministry of Information Technology along with the National Technology Fund (IGNITE) launched the first Facebook Innovation Lab located in the National Incubation Centre (NIC) at the Lahore University of Management Sciences (LUMS). The launch event, held on Wednesday, April 3, 2019, was attended by several thought leaders from across the world who came together and debated on issues such as women and technology; the impact that VR has on social good and impactful ways to harness technology for social good.
-UN Adopts Pakistan Sponsored Resolution Against Islamophobia
The United Nations General Assembly (UNGA) unanimously adopted a resolution on Tuesday strongly condemning acts of violence and terrorism against religious minorities.mThe resolution, titled ‘Combating terrorism and other acts of violence based on religion or belief’ was moved by Turkey and co-sponsored by Pakistan.
Through this, the UNGA condemned the atrocious terrorist attack targeting Muslims during Friday prayers in two mosques at Christchurch, New Zealand this month, while offering deepest condolences to the victim families.The UN assembly called for the protection and promotion of freedom of religion and belief while developing a domestic environment of religious tolerance, respect, and peace.
-Government announces changes for new budget
With the new budget coming up, the Pakistan Tehreek-e-Insaf (PTI) government announced on Tuesday its first tax amnesty scheme on hidden domestic and offshore assets – in an attempt to boost the sinking tax revenue.
Besides, the government announced that it would stop the unchecked outflow of dollars through foreign currency accounts, declaring its intention to amend laws to link the outflows for investment with the approval of the authorities. “An asset declaration scheme will be announced before the budget,” Finance Minister Asad Umar told journalists.
-First ever Pakistani international tourism corner opens in Europe
Pakistan has opened its first International Information Tourist Corner in Belgium to offer Europeans Pakistan’s unique culture, stunning scenic view of its northern areas and the traditional lifestyle of mountain people. Launched jointly in collaboration with the Embassy of Pakistan in Brussels and Tribes, a Dutch Company established in Brussels, the tourist corner is the first-ever initiative by the Pakistani mission in Belgium to promote tourism in Pakistan
-Asad Umar hints at withdrawing tax exemptions for elite
Finance Minister Asad Umar on Tuesday hinted at withdrawing tax exemptions being availed by the elite and also announced a drastic reduction in the number of withholding taxes from the next budget including the tax on banking transactions being paid by non-filers of tax returns.
The minister expressed these views at the launching ceremony of a book, ‘Growth and Inequality in Pakistan – Agenda for Reforms’. The book has been written by Dr Hafiz A Pasha whom Umar described as Pakistan’s number one economist. Friedrich Ebert Stiftung – a German institute – has financed the book under the theme of ‘Economy of Tomorrow’. The book discusses almost every important aspect of Pakistan’s economy and carries a detailed chapter on elite capture of the state.
-PM Imran Khan to perform ground breaking of two Naya Pakistan Housing Programme sites
Prime Minister Imran Khan is expected to perform the ground-breaking ceremony of two housing projects in Islamabad and Quetta later this month. Both projects are part of PM Khan’s ambition of Naya Pakistan Housing Program (NPHP) under which he promised to deliver 500,000 low-cost residential units to the underprivileged faction of the society.
-PM Khan announces economic corridor between KP Khyber and Afghanistan
PM Imran Khan has announced formation of economic corridor between KP Khyber and Afghanistan for improving trade and economic activities in the region. PM Khan announced that he has issued directives for the Torkham border with Afghanistan to be kept open 24/7 in order to facilitate business and trade for locals.
-First woman principal appointed at K-P police training centre
A police training centre in Khyber Pakhtunkhwa’s (K-P) Mansehra has appointed a woman principal – a first for the province. Sonia Shamroz, an MBA in human resource management and an 18-grade officer, termed her appointment to the billet as a matter of great pride for her family and herself.
-Pakistan expected to get significant export orders at Istanbul fair
Pakistan Consul General in Istanbul Bilal Khan Pasha has said that the auto industry of Pakistan, especially the manufacturers of auto and tractor parts, tyres and tubes, has the potential to make inroads into the Turkish market.
“Turkish automakers and Pakistani engineering companies are negotiating to form joint ventures; in the next phase small and medium enterprises of the two countries will enter into partnerships,” Pasha said while talking to The Express Tribune on the sidelines of the Automechanica exhibition, which kicked off in Istanbul on Thursday. “This year, Pakistani companies manufacturing auto and tractor parts as well as tyre tubes are expected to get significant export orders at Automechanica, which will help increase non-traditional goods export from Pakistan to Turkey,” the consul general said.
-PM Imran urges lawmakers to share meal with homeless at govt shelters
Prime Minister Imran Khan on Saturday urged lawmakers to visit the homeless at government shelters and “share a meal with the people using them”.
The premier asserted that this practice will sensitise public representatives to issues faced by the bottom tier Pakistani society. “In the coming months I will personally monitor effectiveness of our poverty alleviation jihad,” the prime minister went on to add in a tweet.
submitted by FashBasher1 to pakistan [link] [comments]

【A Recap of Our Journey】The Inaugural Anniversary of MaxiMine’s Listing!

【A Recap of Our Journey】The Inaugural Anniversary of MaxiMine’s Listing!

https://preview.redd.it/uoc84ml8e2731.png?width=640&format=png&auto=webp&s=288fa1cd1e79c0389fda7cd93c4946ee78430fa6

June 28 is destined to be an extraordinary date.

It was on this very date in 1712 that famous philosopher Jean Jacob Rousseau was born, and from him came the idea of natural human rights that soon took root in the masses and inspired many other revolutions worldwide.

It was on this very date in 1838 that Alexandra Victoria was crowned the Queen of England. Under her rule, the United Kingdom expanded its reaches and flourished as an empire, saving its reputation from the mess her royal uncles had made.

It was on this very date in 2008 that China completed work on the Beijing National Stadium, the stadium that would host the 2008 Summer Olympics from 8 to 24 August 2008.

10 years later in 2018, the date once again took on an auspicious turn as the MXM token was finally listed on its first international cryptocurrency exchange, HitBTC, after a long time of preparation and wait.

Today, one year later on 28 June 2019, MaxiMine is proud to celebrate its inaugural anniversary of listing. Let our new cartoon ambassador, Little M, take you through a recap of our journey thus far…


https://preview.redd.it/eq07fsvae2731.png?width=720&format=png&auto=webp&s=86724cdcb2fe066ad30eff74c412954e19ea039e

MaxiMine is one of the world’s leading blockchain mining platforms that specialises in digital currency mining services. The current landscape of cryptocurrency mining presents insurmountable obstacles to a novice investor due to the high capital cost and huge power consumption required, the difficulty of obtaining a mining machine and its operational cost.

MaxiMine seeks to resolve this issue by renting out hashing power for mining, allowing any interested party to mine cryptocurrency without fretting over its operations. The maintenance and upgrading of mining equipment and its other relevant details will be handled by MaxiMine instead.

MXM is a token issued by MaxiMine that acts as a store of value in the MaxiMine pool ecosystem. Holding a MXM token is equivalent to a profit of revenue earned from a Bitcoin mining machine. Other than its innate value, the MXM token also presents several advantages as it can be used to not only replace computing power, but also participate in a series of community activities such as community building, renewal of mining equipment, and technical support.

On June 28, 2018, MaxiMine entered into a partnership with Europe-based cryptocurrency exchange HitBTC, launching MXM onto its first exchange platform. Since then, the momentum has been building up over the past year and MXM has been successively listed on four international mainstream exchanges: CoinBene, FCoin, BitForex and Hello Global. It has also formed a strategic partnership with Atomic Wallet from the United States and Mars Wallet from Hong Kong.

The issue price of MXM was at 0.05 CNY. After a stagnation period of 9 months, the value of MXM began to take off. On March 4, 2019, MXM broke through 0.1 yuan for the first time. Since then, the price of the currency has soared. On April 1, MXM reached an all-time high at 1.05 CNY and broke through the top 30 cryptocurrency coins ranked in CoinMarketCap. At present, the MXM currency price has stabilised at around 0.3 CNY and the number of MXM token addresses has reached 114,000 according to data from Etherscan.


Price: 0.101136 CNY, 24h Trading Volume: 1,968,790 USD

All-time high: 1.05 CNY (1 April 2019)

On February 14, 2019, MaxiMine’s MAX Mining Pool APP was officially launched. Users can perform hashing power conversion directly on their mobile phones. In addition, the app provides real-time updates of the values of hashing power, mining machine revenues and other relevant data that users are most concerned with, realizing its vision as an open and transparent platform.

In April, MaxiMine successfully organised “MaxiMine Global Blockchain Summit” in Bangkok, Thailand. During this occasion, MaxiMine released the MXM joint card to be used in the MXM ecosystem. The MXM card is supported by the majority of the mainstream e-commerce platforms and more than 50 million offline business providers. This signifies that MXM has broke through the virtual world and provided real-world applications for its token beyond cyber reality.

In the future, MXM will collaborate with more exchange platforms to unlock various real-life application scenarios.

To find out more about MaxiMine, do check out our social media accounts at:
Website: https://maximine.io/
Telegram: https://t.me/maximine
Reddit: https://www.reddit.com/maximine/
Twitter: https://twitter.com/maximinecoin
Medium: https://medium.com/@maximinecoin
Bitcointalk: https://bitcointalk.org/index.php?topic=3247389.0
submitted by maximineadmin to maximine [link] [comments]

HFTs Pushing Thai Retail Traders Out of Market | Finance Magnates

fintech #trading #algotrading #quantitative #quant

In 2017, JP Morgan researchers estimated that only around 10 percent of equities trading was done manually. The other 90 percent was done via automated, electronic trading systems.
It’s a trend that is stretching around the globe and across different asset classes. And, if a new report from Thailand is to be trusted, it could be damaging securities brokers’ profits. The FX Industry Demands the Best – London Summit 2019 Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organization, said on Monday that the increasing number of automated trading systems is hurting securities brokers in the south-east Asian country.
According to Nalinthrangkurn, companies using electronic trading systems pay far lower fees than their manual trading counterparts.
The Association of Securities Companies (ASC), a representative body for Thai brokers, also said on Monday that earnings were down by 72 percent in the first quarter of this year. The ASC partly attributed that.....
Continue reading at: https://www.financemagnates.com/forex/technology/hfts-pushing-thai-retail-traders-out-of-market/
submitted by silahian to quant_hft [link] [comments]

List of Factors that Affects Forex Markets in 2019

There's a reason Forex trading is known as one of the most challenging trading markets, and it's because of the market volatility. Several economic, political and social factors have a huge impact on the values currencies and trades carry in the Forex markets. Here are 4 important factors that affect Forex market values.
submitted by wiratyut to ForextradingTips [link] [comments]

Highlights of Everex Bangkok Community Meetup on 14 Dec 2017

EVEREX TEAM
EVEREX PAYMENT SYSTEM
EVEREX ETHPLORER
EVEREX FOCUS
WHAT’S NEXT
submitted by vivithng to Everex [link] [comments]

OmiseGO Network: Market Potential and Hodler Benefits

u/ethmeplz recommended I make my comment a post, so here goes.
I'm just a guy who reads a lot of whitepapers, and the exact details on staking are not released yet, but I'm going to go ahead and tell you that it's gonna be great.
Now I'm going to explain why.
Omise is an existing payment services company serving the Asian marketplace, including Japan, Thailand, Singapore, and Indonesia. They have tens of thousands of existing retailer payment relationships already operating on Omise's traditional digital and credit card payment infrastructure.
Omise developed OmiseGO to be a public utility. A public utility that they do not own, but will use themselves, bringing the entirety of their existing market onto the OmiseGO blockchain.
It is difficult to keep an updated list of all the Omise business relationships, but here is a recent effort from omise_go https://www.reddit.com/omise_go/comments/7d5j0i/does_anyone_know_the_whole_list_of_partners_so/
If I was to stop here, it would be plenty, but there is so much more, my dear friend!!
Just last week, OmiseGO developers released the OmiseGO Software Development Kit (SDK). The SDK is a package of software tools and OmiseGO team support, so that any person or any company can develop their own application to utilize the OmiseGO Network rails. This makes it very easy for existing retailers or payment services companies to develop a user interface and run an application on OmiseGO rails. This is great for OMG token holders, because OmiseGO is Proof of Stake, and all transaction fees from the network are paid to PoS hodlers.
Stop there? No way.
OmiseGO Network has a built in, on-chain, decentralized exchange. So currency swaps are written in to transactions. This makes it possible to fund your account with one currency, and then make payments from the same account in any other supported currency (at a coffee shop, for example)
This is what OmiseGO means when they say they are currency agnostic. This is also the most important part of OmiseGO, when it comes to international regulation. Remember how OmiseGO SDK will allow other developers to make their own payment services apps that run on OmiseGO network? Well those developers can specify the currencies and types of trading behavior that are allowed on their specific application, and thus it is easy for those developers to comply with the laws of their nation.
Yes, there's more...
From what I understand, OmiseGO Network is an ecosystem in which users can tokenize just about anything, so long as there is liquidity to trade it (users can also stake liquidity on-network, of course). That could mean USDollar Token, Yen Token, Litecoin Token, US Treasury Bond Token, AAA Debt Token, even Delta Airmiles Token or World of Warcraft Gold Token. If there is someone who wants to buy it, using any other currency, a market can exist for it on OmiseGO. They could run the Chicago Mercantile Exchange on OmiseGO, theoretically.
Ripple Network is also doing a tokenized ecosystem, for big banks, you say? Well, that's true, but there is a key difference in how OMG holders will benefit from OmiseGO network versus how XRP holders will benefit from Ripple Network. Ripple Network is centralized and so the XRP token has no Proof of Stake utility.
None of the network fees go to XRP token hodlers.
OmiseGO on the other hand, pays all network revenue to Proof of Stake hodlers.
Also, Forex Exchanges. Also, of course, peer 2 peer transactions. And don't forget about the merchant networks, this is, after all, the answer to "how do I buy a coffee with crypto?"
Here's another link from omise_go about potential markets https://www.reddit.com/omise_go/comments/7mv27i/omisego_potential_market_penetration_analysis/
submitted by psychetc to CryptoCurrency [link] [comments]

Cryptocurrency Exchanges - Bullseye.io

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submitted by jarze to Bullseye_io [link] [comments]

Any investors or day traders living in Thailand?

Anyone trading stocks, forex or anything else for a living? Or along with a regular job in Thailand?
submitted by enthuesd to Thailand [link] [comments]

Cryptocurrency Exchanges - Niuyan

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Cryptonex Bitbank bitker ZG.top Quoine TOPBTC Bitstamp RightBTC BihuEx CoinEgg Chaoex Gate.io
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เคล็บลับวิธี Live Forex Trading Q&A from Bangkok, Thailand FTT - Forex Tips Thailand - YouTube Trading In Thailand Penthouse!! - YouTube Urban Forex Gathering in Thailand Trading Forex In Thailand - YouTube Seminar for new Forex traders in Thailand! Leben vom Trading in Thailand?

Well the good news is it is 100 % legal to trade forex in Thailand ! The laws for trading in Thailand are enforced by the Securities and Exchange Commission-SEC [1]. For Forex trading, the regulations fall within the "Securities and Exchange Act, ... Forex Trading Example in Thailand ฿/USD is trading at 0.03220/0.03420. You want to buy ฿350,000 and profit from a rise in the price. The currency pair has a margin rate of 6.55%, so you’ll ... Unlike in India (which has heavily influenced Thailand), forex trading has never been illegal in the so called “Land of smiles”. However, the two countries share some similarities. While Indians are not allowed to transfer money to a forex trading account with a broker abroad, Thais are not allowed to conduct transactions involving their local currency. BRKV - Like many other Asian countries, Thailand is not very open to forex trading. However, forex trading is very popular to the people there. And since there are no brokers from the country, Thai traders look for the best forex brokers in Thailand from abroad. Trading forex is popuar there because it is very easy to start trading and make money. Check out the basic steps of forex trading in ... For both beginner and expert Forex traders in Thailand, the trading software matters more than anything. The core purpose of this software is to analyze all the pre-set parameters of your trading and stock exchange options for you. The purpose of this evaluation is to help Thai make enlightened financial decisions based on all the currencies that have the potential to win you back profits ... The best forex broker in Thailand will help and accelerate your learning process as Forex trade involves use of trading software that can be hard to comprehend. 3. Check the Brokers Reviews ... rankings. cotizaciones. crowdfunding Forex Trading in Chiang Mai, Thailand; Forex Trading in Taipei, Taiwan; Recent Posts. How A Logical Argument Can Improve Your Trading; The Only 2 Ways Retail Traders Can Succeed; Trade Like An Entrepreneur, Not An Employee; Trading Fundamentals vs. Trading Method; Escaping Full Time Employment; What Is Margin In Forex Trading? How To Start Thinking Like A Trader; The Number One Job Of ... Most will provide forex trading services, although contract for difference (CFD) trading has become quite common and generally allows for a greater choice of assets, if available. When it comes to stock trading, the Stock Exchange of Thailand aims to provide a fair and transparent market for traders in a variety of asset classes relevant to Thailand that include Thai stocks, bonds, indices and ... Finally, novices and veterans alike may use copy trading. In essence, the scheme involves the delegation of financial decisions to an expert. This strategy manager is chosen by you. They will manage a portion of your funds and receive a fee if the trades bring profit. A Few Final Words. The reasons for Forex growth in Thailand are clear ...

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เคล็บลับวิธี "เก่ง" FOREX Day-trade - YouTube

Urban Forex Gathering in Thailand Urban Forex. Loading... Unsubscribe from Urban Forex? ... Mastering Trading Forex Reversals Strategy Urban Forex - Duration: 59:22. Urban Forex 237,537 views ... Forex Tips Thailand แนะนำเทคนิค การเทรดพอเรส แบบ ง่ายๆ แต่ได้ผล Ultimate Prop Firm Trading Program: https://www.desiretotrade.com/ultimate-prop-firm-trading-program/ Links mentioned during the LIVE Session: - Strategy cou... This playlist contains my Forex trading vlogs as I was traveling in Thailand. It's all about trading foreign exchange while traveling! Ob es dabei auch für ein Leben in Thailand vom Trading reicht, wird in diesem Video behandelt. Ich teile Euch unter anderem meine Lebenshaltungskosten mit, sodass vom "Trader am Strand" ein ... FBS partner - Ajarn Wanasanan Chayawadhana held a few educating seminars for new traders in Thailand. The main discussion topics were: How to use MT4 FBS? What is Forex? Different techniques of ... 🔺Trend trade VS Swing trade🔻 ----- การเทรดทั้ง 2 สไตล์นี้ มีข้อดี และข้อเสีย แตกต่างกัน ... พัฒนาการเล่น Day trade ของคุณให้มีประสิทธิภาพมากยิ่งขึ้น เพียง ... FXTM - Learn how to trade forex using MT4 - THAI FXTM. Loading... Unsubscribe from FXTM? ... Best FX Trading Strategies (THE Top Strategy for Forex Trading) - Duration: 32:00. No Nonsense Forex ... Happy to be back team!!! Hope you guys have been killing it. We will be back tomorrow... 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fun...

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