Chat Room – Excerpts & Highlights
sansoucig797:nature of the internet. u can be anyone u claim to be and be many diff peeps at one time. i have too much to do in my real life to deal with it
sansoucig797:easy on the internet. step outside and help someone if thy need it. don;t ask money for your cause based on some fantasy amount of $ to people who never had big bux
sansoucig797:tnt is excited for tomorrow. who knows but at least the refrows r honest as to who they r
sansoucig797:everything is of public record
sansoucig797: yes, like last night i am 1 finger typing
Dianne777: so does anyone think this rv will truly happen?
sansoucig797:yes and no, lots is happening but i don’t think we will have a whole lot of billionaires. w/o the drama not a bad bet for a profit on what we spent
sansoucig797:long term invest in companies invested in the rebuilding of the infrastructure
sansoucig797:oh….imo
ubiety:So now, where’s my xxxx 800 numbers for exchange!!!!!!!
ubiety:None of us bought currency to socialize online.
Dragonfire:There is no 800 numbers
Dragonfire: xxxx made that crap up
sansoucig797:1 800 ine edit ext now
sansoucig797:every bank has 800 and international as well
ubiety:Dragon…. do you have a vision for how we as a community will hear of the banks beginning to exchange dinar, dong, etc., at the dreamed for rates?
ubiety:san, I know…. the question focuses on exchanging our exotic currency
ubiety:…or is that all a silly pipe dream itself?
Dragonfire:Any new rates have to be published and tradable by all at the same point in time
Dragonfire:There are no special groups…more xxx crap
ubiety:”…have to be…”? who says?
sansoucig797:u didnt know u would spend a few bux and be stuck in the internet state of confusion / read the fine print
Dragonfire:Says the law
ubiety:Not picking…. I’m a lawyer… Can you be specific?
sansoucig797: i will pick up my phone, call my bank in uk. done. ain’t rocket science
ubiety:See, my understanding of the controlling law is that the bank is a private business – highly regualted, yes, but private – which can exchange privately with anyone they wish on terms they may choose or negotiate with that customer.
sansoucig797:READ ALL FINE PRINT AND DISCLAIMERS
sansoucig797:not on retail side
:Banking is highly regulated and operate under many laws both domestic and international
ubiety:In the US, many of the largest banks declare on their existing 800 numbers that they do no and will not transact in certain of the dinarland popular currencies.
ubiety:They’re still private for-profit business who can sell their assets at the price they choose.
Dragonfire:That is their current position
ubiety:As an example, take a look at derivitives.
sansoucig797:current, the operative word
ubiety:Their assets include whatever their stock of foreign currencies.
Dragonfire:Banks have to substantiate their actions to their shareholders and the regulators
ubiety:Shareholders will be thrilled that the bank can turn a larger profit with some customers than others/.
ubiety:Regulators can only prohibit or punish actions which are not permitted under the law.
ubiety:That was my point, I know of no banking law in the US which prohibits a bank from selling it’s foreign currency at whatever price they choose
sansoucig797:currency is a bit trickier. if ust says here is the rate go for it, but hasn’t happened yet. however loc etc is diff
ubiety:no no no
ubiety:The treasury dept does not control the sell price of currency
ubiety:look around right now…. different banks sell the same currency for different rates
Dragonfire:Banks trades on currencies are regulated by the central bank rates
sansoucig797:ezcept they were sanctioned by us. we could by a bank and try it
Dragonfire:The rates only differ by their margin
ubiety:The only punishment that would befall WFB right now if they increased the price of dong against the USD would be that no one would buy it
ubiety:And THEY control whatever margin they wish
ubiety:the market controls the margin they attach to currency sales
Dragonfire:Market controls their margin
sansoucig797:yes and if u r a whale w yons of
ubiety:excatamundo
sansoucig797:other assets diff situation
ubiety:In any case, the treasury dept does NOT set currency exchange rates
Dragonfire:Banks cant bring the value of the currency into their financials at any more than the central bank value
sansoucig797:maybe i can leverage my good looks for a letteer of credit w dinar thrown in
ubiety:the banks play off the exchange rate offered around the world and change their “price” according to what they believe they can get and still sell enough to meet quotas
Dragonfire:Only within an allowable range
sansoucig797:either which way they aren’t bitibg yet
ubiety:Dragon…. you can be quite sure that 20 pallets of VND is calculated as a part of their balance sheet
sansoucig797:need my glasses
Dragonfire:It would be valued for asset purposes at the central bank rate
ubiety:Just like a safe full of dinar will be counted as a part of yours
sansoucig797:oh that pallet in my barn?
ubiety:You keep your dong in the barn???
ubiety:gross
sansoucig797:under my meanest mare
ubiety:ok…. wrong!
sansoucig797:o for god’s sake i am kidding
ubiety:heheh…. me too
ubiety:Seemed like a delightful idea. uhhhhh
sansoucig797:get this guy some tequila
ubiety:aaaaaaaaaaahahahahhahahahahahha YESSSSSSSSS
ubiety:ok, so no 800 numbers…. we just stay after the banks and hope we catch it when values are up, eh?
sansoucig797:idunno, seems like stay off internet, sit back. watch we will know
Dragonfire:Im sure dinarland will be fully aware if and when the rate changes
sansoucig797:do you really think u will miss it????
sansoucig797:check it daily like weather
Dragonfire:It will have to hit forex to be tradable
sansoucig797:i personally have been sort of bed ridden for 18 mos and it keeps me going
sansoucig797:no no no forex will come immediately after
ubiety:Dragon… you sure seem squarely in the camp which says it will all be a fully public transition with nothing preceding full public knowledge
Dragonfire: Absolutely
sansoucig797:me too
Dragonfire:A market advantage would lead to other issues
ubiety: Knowing of enormous transactions which are even known to the public, I am still on the fence
sansoucig797:we are a drop in the ocean, pesky sand fleas
ubiety:Dragon…. I hacve a “market advantage” as to the house for sale near me merely because I know of it
sansoucig797:
ubiety:My point being market advantage of one or more people as to a currency shift is not necessarily illegal
Dragonfire:That is not a market advantage
Dragonfire:Do you have details of the transaction?
ubiety:It COULD be if the property was owned by a corporation using it as collateral for a leveraged buyout and I was informed privately it had slab leaks.
sansoucig797:the internet hype alluded to how important we are. same procedures diff currency no big deal
sansoucig797:could get a deal
Dragonfire:That is just due diligence
ubiety:I certainly agree that the exchange will simply be an exchange. But I still think it’s POSSIBLE that one or more persons might have a better understanding of the shifting values
sansoucig797:well yes but for most no
ubiety:As to my house collateral deal…. it could be insider trading if I shorted that stock
ubiety:…based on inside knowledge of the defects with the collateral
sansoucig797:loose lips sink ships
ubiety:Okay… I am asking for someone to give me a couple of days run at the exchange… that’s all I ask..
sansoucig797:smart business
ubiety:and with that………. I can feel the need for sleep
sansoucig797:police escort and brinks truck as well?
ubiety:sigh…. doubtful.
sansoucig797:zzzzzzzzzzzz me too, need that beauty for collateral
ubiety:gentlemen….. drink heartily, but wisely.
Dragonfire:Financial markets have many more regulations than the property market
ubiety: And…. good night.
sansoucig797:errrrr i am a girl
ubiety:Madame…. same advice.
ubiety:nighty night.
sansoucig797:kidding about the tequila light fun
sansoucig797:dinar dreams
Dragonfire:Night, see you in court sometime maybe
ubiety:You’d best hope not.
sansoucig797:noooooooo sick of it
Dragonfire:Inalways win….always
sansoucig797:all those powdered wigs
sansoucig797:you r hired
ubiety:Keep that thought. Good talking. Take cares….
Dragonfire:MyRetainer is rather large…lol
sansoucig797:50k
sansoucig797:in dinar……………..
sansoucig797:u asked for it
Dragonfire:Dinar,thats worth nothing
sansoucig797:hey i am one of the few fools that went all the way to the supreme court in this state….they were speechless gotta love it
sansoucig797:pro se
sansoucig797:i want a gen council full time
sansoucig797:i used to. have prob call him and he can deal with it
sansoucig797:nope i will send the complaint to my counsel and he will serve you later
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