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  1. satomoto

    Cryptocurrencies

    Try to take a look at Luno. I don't use them but they have checkout for IDR, so you most likely can buy with USD (or any major currency) and checkout in IDR to your Indonesian account. Alternatively use localbitcoins, it's like ebay for bitcoins. They have an escow system so things should be...
  2. satomoto

    Cryptocurrencies

    Alot of people fall into the misconception of "cheap". If a coin is sold at 1000 USD with 1000 circulation, compared to another at 100USD but with 100,000 circulation. Which is cheaper? Bitcoin can be cheap if you buy the divisible part, say if you buy 0.001 it will cost you just 4USD. :)
  3. satomoto

    Cryptocurrencies

    Spoiler, maybe we will see a third coin lol ;)
  4. satomoto

    Cryptocurrencies

    You are right, Monero did have a surge last week, not sure the reason why. A welcoming sight for Monero holders as Monero has been lackluster of late due to all the speculation and money going into bitcoin and ether-based tokens (ala ICO). I don't hold Monero personally so it will be interesting...
  5. satomoto

    Cryptocurrencies

    Bitcoin transfer time has ranged from a few minutes to a few hours. Today if you try to transmit bitcoin if will take you a few hours unless you want to pay 10 USD per transaction. Because of the massive trading in the market, the time to transfer has slowed down like a tortoise, the time it...
  6. satomoto

    Property Prices in Indonesia

    Hi Bad_azz, any chance you know that properties in Bali can be sold to foreigners under "hak milk" title but not just the usage rights aka "hak guna"?
  7. satomoto

    Property Prices in Indonesia

    Hi, for the sake of discussion let's use the famous Thamrin Residence nearby Grand Indonesia as reference. Sales price for a 2 bd apartment is ~ 2billion IDR and the monthly rent is ~10million IDR. If we were to pay by cash our investment is recoup in 17 years. That is the worse case scenario...
  8. satomoto

    Property Prices in Indonesia

    How much percentage of mortgage cost can the rent cover? Say for a 20 - 30 mortgage.
  9. satomoto

    P2P investment doubts

    Hi guys, I've been pledging small amounts on an Indonesian P2P lending websites. I am investing what I can afford to lose, so it's not alot ;) As with how finance people present interest rates, my head starts spinning. Suku Bunga (APR) 24,91% Persentase Pengembalian Net Pinjaman (flat) 24,16%...
  10. satomoto

    Cryptocurrencies

    localbitcoins is quite solid, so far I havent encountered any fraud there, though the fees are likely to be higher there. If you prefer using IDR to buy, then Luno Indonesia or Bicoin.co.id seems to be a popular choice in Indonesia.
  11. satomoto

    Cryptocurrencies

    One lucky lady! Her odds was like 1-300 million, almost as good as Satoshi Nakamoto the creator of bitcoin ;)
  12. satomoto

    bank time deposits savings queries

    Thanks, I'll also check up on others eg: Barclays, Citibank etc to see their requirements :)
  13. satomoto

    bank time deposits savings queries

    HSBC HK can be quite a snob since they have so many Chinese clients lining up just to give them money, they'll just ask you to fly in for an interview without guarantee of success. Is the Mauritius bank any good?
  14. satomoto

    bank time deposits savings queries

    Still me. Have not checked with HSBC, but I can confirm DBS allows account opening without KITAS, and I think it's for both IDR and USD.
  15. satomoto

    Capital Dilemma for Indonesia

    IIRC AFR always ask readers to subscribe, a bummer.
  16. satomoto

    bank time deposits savings queries

    Hi there lifelongexpat, My experience was the opposite. Manage to open a HSBC corporate account in HK. I had to fly in after they rejected my conf call interview, but for personal account they outright said you have to be a resident. But as usual, things change time to time and it also depends...
  17. satomoto

    bank time deposits savings queries

    Thanks snpark, just off the speaking with a relations manager, looks like they want me to open an expat account. The only thing I am concern with is the 60k GBP minimum, not a fortune but still money. I don't like bank charging me if I drop off the minimum, it feels like robbery (well, in the...
  18. satomoto

    bank time deposits savings queries

    Yea, an overseas bank seems to be the obvious answer. I called DB S and they said that I could do it without KITAS, their rate is ~6.25%. Well it' a little more complicated than that: DEPOSITO LUCKY 88 *Tenor 3 bulan 500 juta saving 88 juta(lock 6 bulan) rate 6.25% = 6.250.000 cashback =...
  19. satomoto

    bank time deposits savings queries

    Wonderful suggestions :) Just given them a call and they'll have an answer in 72 hours. The ask some bits of pieces of info mainly what kinda business or whose your employer, but they are just interested in making you can fund the 60K GBP ;)
  20. satomoto

    Any REITS in IDX

    Thanks that's an interesting observation. I was wrong because I calculated that you get to recoup in 15 years in areas like Sudirman or Senayan area. But IDR's interest rates itself is also racing very fast.

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