If you had $1000 to invest....

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simon43
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Re: If you had $1000 to invest....

Post by simon43 »

,,, I'm sure the Okhnas can poney up a bit of cash from their offshore accounts to help their fellow citizens.
Unfortunately, many of them don't, and nor do the governments that should be helping.
God'sGift
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Re: If you had $1000 to invest....

Post by God'sGift »

to poster: fsdfdsdf

sure, and one suspects whether the site I mentioned is a scam or not? For instance, the rates seemed way out when I checked with main exchanges
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AndyKK
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Re: If you had $1000 to invest....

Post by AndyKK »

Bitte_Kein_Lexus wrote: Fri May 22, 2020 7:20 pm Dang, you guys are saints. Seriously. Call me jaded, but to be honest, the last thing I want to do is pay for stuff some of the kleptomaniacs in power in these parts of the world should be providing their own citizens. I pay enough in taxes as it is, and foreign donors have given billions over the years. Walk into any ministry and you'll see "someone's" daughter showing up at 10:30 and doing fuck all, expensive cars outside, bribes left and right, conflict of interest and so on. I'm sure the Okhnas can poney up a bit of cash from their offshore accounts to help their fellow citizens. I tend to just frequent small local businesses, use the services of the old cyclo drivers now and then and overpay, employ local villagers in the countryside business, stuff like that.
Just was done once more, not that many days ago

https://www.phnompenhpost.com/national/ ... r-covid-19
Always "hope" but never "expect".
fsdfdsdf
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Re: If you had $1000 to invest....

Post by fsdfdsdf »

God'sGift wrote: Mon May 25, 2020 12:43 am to poster: fsdfdsdf

sure, and one suspects whether the site I mentioned is a scam or not? For instance, the rates seemed way out when I checked with main exchanges
I havent looked at it but it probably doesnt have enough buyers and sellers to have competitive prices. its only in the last year or so that localbitcoins has gotten competitive enough to be usable in Cambodia
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Jerry Atrick
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Re: If you had $1000 to invest....

Post by Jerry Atrick »

God'sGift wrote: Sat May 23, 2020 5:14 pm has anyone used the 'bitcoin Cambodia' as advertised on this forum?

tried accessing it, but seems to have no life , any views?
I've used it to cash out maybe 20 times.

Flawless, fast and anonymous. They buy around $200 below spot and sell $200 above spot.

Only $1000 per time whether cashing in or out.
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Phnom Poon
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Re: If you had $1000 to invest....

Post by Phnom Poon »

in the short term, the grant will be used to improve the daily lives of Cambodians.
no doubt
but which cambodians?
`

.

monstra mihi bona!
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AndyKK
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Re: If you had $1000 to invest....

Post by AndyKK »

Phnom Poon wrote: Mon May 25, 2020 8:38 pm
in the short term, the grant will be used to improve the daily lives of Cambodians.
no doubt
but which cambodians?
`
The article says -
$5 million will be designated to help restore the economy while the remaining $2.5 million will go to the Kingdom’s health sector.
That's 11 million from the US since the beginning of the virus. I imagine without looking into it there not on their own, China we know have been supportive. I would suspect that they have too be the ones also to gain with generosity.
Always "hope" but never "expect".
God'sGift
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Re: If you had $1000 to invest....

Post by God'sGift »

Jerry Atrick wrote: Mon May 25, 2020 5:58 pm
God'sGift wrote: Sat May 23, 2020 5:14 pm has anyone used the 'bitcoin Cambodia' as advertised on this forum?

tried accessing it, but seems to have no life , any views?
I've used it to cash out maybe 20 times.

Flawless, fast and anonymous. They buy around $200 below spot and sell $200 above spot.

Only $1000 per time whether cashing in or out.
$200 below and above the regular price? if that's so, then why even use it? Surely there are plenty of online exchanges people can use these days without having to provide much id
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Jerry Atrick
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Re: If you had $1000 to invest....

Post by Jerry Atrick »

God'sGift wrote: Tue May 26, 2020 1:14 pm
Jerry Atrick wrote: Mon May 25, 2020 5:58 pm
God'sGift wrote: Sat May 23, 2020 5:14 pm has anyone used the 'bitcoin Cambodia' as advertised on this forum?

tried accessing it, but seems to have no life , any views?
I've used it to cash out maybe 20 times.

Flawless, fast and anonymous. They buy around $200 below spot and sell $200 above spot.

Only $1000 per time whether cashing in or out.
$200 below and above the regular price? if that's so, then why even use it? Surely there are plenty of online exchanges people can use these days without having to provide much id
No.

Even most of the FIAT on ramps take 5%, whether through card fees or processing fees. But most of those cannot be used legally in Cambodia.

Similarly, the crypto debit cards are 5% fees plus local atm charges too. Again, cannot get one with a Cambodian address.

$200 below spot, assuming $10k btc is 4%.

As I only convert to BTC for cash out anyhow, I don't mind a little fee, it's all free money anyway.
Vdan1981
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Re: If you had $1000 to invest....

Post by Vdan1981 »

rozzieoz wrote: Sat May 16, 2020 7:02 am If you had $1000 to invest, what would you do with it?

I am an independent single woman now, so I need to make plans!
I am a crypo trader and give a decent risk free Return Of 15%
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