ThailandLOS

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About ThailandLOS

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  1. Bitcoin mining nowadays is a very hard work and a loosing proposition most of the time - too many people do it and most of them have more bullets than any of us - these are the ones that complete the blocks and get the dough. In the early days people could actually mine on their home computers and get a decent return - but of course very few had a clue about how this would take off then. The mining community then went over to specialized servers (there was actually a crew doing this in a warehouse outside BKK a few years until the place burned). This became obsolete for most people as hardware requirements increased beyond what any single individual could manage. Nowadays this scene is about cloud computing - you basically rent hardware clusters on the Internet and constantly calculate profitability based on 1) mining rate (which depends on hardware config) 2) rental fee from the provider of the hardware 3) market value of BTC. Then it becomes a constant race of choosing the provider that offers best value (power) for money at the moment. Not very stimulating work with moderate returns unless you have the scale of economics on your side. What is more interesting are the new cryptos which add functionality that bitcoin lacks, e.g. Ethereum that basically allows to place conditions on transfers, i.e. if Chelsea wins Premier League transfer amount x from address (account) A to address B. This opens up for a whole array of use cases - and the value of crypto is exactly based on that, usability and lack of government tampering/taxation/confiscation. It becomes the fuel of an ecosystem and is already being adopted by corporations like Microft, JP Morgan etc.
  2. So is the paper money of today including the USD - try taking a stack of bills to the FED and ask them to exchange for gold. Currencies of today are only representing a fictive value that can be changed any time of the powers in charge. Just look what happened in India a few months ago (people died because their money suddenly became worthless). See this a first major trial of the 'cashless society' soon coming to place near you. Crypto can not be diluted or deemed worthless by governments, this is the whole point - this is why they are on their way to set up their own block chain ledgers - to present 'an alternative'. And guess what happens to your address (account) in that government controlled ledger if they decide to go after you. Bitcoin is perceived as a safe haven comparable to gold. Most of the price increase/decrease is driven by people escaping/returning from/to paper money - and not investors. Other major crypto currencies have additional features e.g. tailor made for casinos or financial transactions - these have the investment potential that bitcoin has pretty much exhausted. Crypto definitely has a place in every wealth management portfolio - and is also a very neat way of transferring money if one needs to relocate in a hurry.
  3. An accident is an accident and it might very well be that he couldn't do better in the situation - but who the heck in his right mind lets his 6 months pregnant gf ride pillion on a motorbike in Thailand?? (and especially Phuket) His lack of judgement is the root cause to this total tragedy. He will have to live with this for the rest of his life - much worse than any punishment a Thai court can come up with.
  4. Poor little fragile flowers - they didn't sign up for this when daddy paid their Uni tuition. And it might become relevant sooner than they think.
  5. ....and it comes as a total surprise and makes the headlines every year...*yawn*
  6. Caution - Hola's business model is to sell your 'idle' bandwith - which means that your computer becomes a node in a network that everyone using Hola's paid service can use. In worst case your IP number will be a an end node for someone accessing illegal sites and tracked by authorities. http://adios-hola.org/index.html#problem_exitnode
  7. I don't know what you are on about and what your reply has to do with this thread on the current WinXP attacks - but have no intention to enter some sort of flame war on this - so here is my final reply. Anyone with half a brain doesn't click on attachments from unknown/unverified sources and avoids sending sensitive information to web servers lacking encryption (not that SSL is entirely secure either - which has been proven by NSA for one). The point that is that out of maybe 5000 employees in a large organization, there will always be at least one weak (ignorant) link - this is exactly what happened in this weeks attack. You simply can't protect a large company with good advice - they need to be current on their patches and have sufficient anti-virus protection. What made this (WinXP) attack succesful was that Microsoft didn't know about the security loophole (but NSA obviously did) and the emergency patch came far too late for everyone concerned to react. Clearly you don't understand that the released pack of NSA tools was indeed exactly targeting outdated systems - and that there are plenty of tools out there left in the open for anyone with malicious intent to use. There are most certainly also such NSA tools targeting modern system - those have not been released (yet) by Shadow Brokers. Hope that helped
  8. I believe you're missing the point - the tools were not developed by some hobby hackers in a dark basement - this was produced by the US gov: https://en.wikipedia.org/wiki/The_Shadow_Brokers
  9. How fortunate - NSA probably already had the patch ready for them. I wouldn't be surprised if the attack was a false flag to demonstrate how dangerous it is to expose the US gov dirty little secrets. This is not the end of it however - there is much more to come from the same source. Stay tuned.
  10. Nobody can receive or keep a bank license in Thailand unless there are proper measures in place for security and recovery. It might not be published openly on the web - but I can assure you that this is very real. This is how Big 5 corporations like IBM and PriceWaterhouse earn the majority of their revenue in Thailand and elsewhere - since they accredited to perform these type of audits and IT projects.
  11. So which should it be - reactive or proactive? I would say that organizations still on Win XP - a 17 yo operating system, not even supported anymore - have themselves to blame. Especially with all the warning from WikiLeaks after the NSA file release. Btw, who should produce the patch - Microsoft who made XP in the first place - or NSA who created the trojan virus?
  12. Kind of makes sense intuitively. Since the water will freeze from the surface and inwards bacteria will 'escape' into remaining water in the center until the cube is solid. Maybe a biologist can confirm this theory But why the heck would you accept a drink with discoloured ice in the first place?
  13. There is always the issue of contaminated ice - you never know the source of that. Mai namkaeng krap
  14. I suppose you never had children? You might be better off in a country free of children, tourists and basically people that make any type of sound.
  15. I am referring to ETF derivatives, but same manipulation/fraud exists in the base instrument. However - good that you can explain how things really are to everyone. Good luck with your paper.