Thailand bans cryptocurrency as a means of payment
The Thai government has decided that the use of bitcoin and other cryptocurrencies as a means of payment will be prohibited from April 1. Purchasing cryptocurrencies is allowed.
The bathtub lovebirds, how did they fare?
Thirty months ago they made it to the world press with their 'bathtub' far out to sea off Phuket. And now? Would they now lie in front of Pampus?
I have been living in Thailand for 5 years (retired) near Hua Hin, and my hobby is trading with Bitcoins and other Crypto Currency.
My question is whether several people are working on this, and live in the Hua Hin area? I would like to share some experiences about this hobby.
Reader Submission: Making Grateful Use of Crypto (Bitcoin)
Those who followed the crypto scene think it is already almost dead, because there are no more big increases, rather decreases. Nevertheless, I was able to use it again today.
Dutch crypto investor maintains confidence despite crash
Since December, the price of crypto coins has fallen significantly. Despite the correction, the number of Dutch crypto owners has remained the same. At the end of the price fall, approximately 865.000 Dutch people (6,7%) still own one or more coins. This is evident from the Cryptocurrency Monitor, a market research by Multiscope into payments, investments and savings in a new economy.
Reader question: Cryptocurrency like Bitcoin or Ripples cheapest way to send money to Thailand?
If all goes well, buying and selling Thai Baht with cryptocurrency such as Bitcoin or Ripples should be the cheapest way to send Baht to Thailand. For example: Create a Ripple cryptowallet via litbit.eu and then buy ripples via iDEAL. Also create a Cryptowallet and sell the Ripples back to Thai baht. Is there anyone who has experience with this? If so how do you do this?
Reader Submission: Making up for my loss of purchasing power in Thailand with Bitcoins
At the beginning of this year, I wrote a few times about the cryptocurrency Bitcoin in response to “banking questions”. A lot has happened in the crypto currency world and all expectations have been exceeded. At the time of writing, Bitcoin has gained five times its value since January of this year.
Reader question: Is Bitcoin on the decline?
Bitcoin was a new phenomenon, it would also be easy to transfer money to Thailand cheaply through these, now I hear that they will suffer from future inflation. The cause would be that many more crypto coins are emerging, that is certain, but also because there are rumors that the maximum amount of Bitcoins would be increased.
Reader Submission: Sending Money via ADVCash and Bitcoin Bills Not Favorable After All!
I must apologize for any false hopes I may have aroused in some readers. I had been a little too enthusiastic about sending money through ADVCash and bitcoin accounts. After a number of email exchanges with readers of Thailand blog and also through my own research and comparison, I unfortunately have to conclude that you cannot really save much that way. On the contrary, if you are not careful, it costs a lot of money to send Bitcoin via ADVCash.