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A Tribute To Good Old Forum Banter

jw5

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GMS is unconvinced. :cautious:

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jw5

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GMS is concerned about moving goal poles and goal posts. :biggrin:

Goh Meng Seng

22 h ·

I have always doubted the shifting of the V efficacy goal poles from prevention of Infec & transmission to prevention of "serious illness, hospitalization & Death".

But even so, by the look at this data trend, sooner or later the goal poles will most probably moved out of the field!

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jw5

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GMS believes in the honesty of his body. :biggrin:

Goh Meng Seng

1 d ·

Seven early eight early, a friend sent this to me... Nothing special except... What? PAP MP taking LHQW for CV?

Nobody believes MOH anymore? Not even PAP MP?

身体最诚实。

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jw5

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GMS has some observations. :cool:

Goh Meng Seng

12 h ·

There is another meme that says Elon Musk spent 30min talking to SBF and he came to the conclusion that SBF is BS and a fraud!

The obscenely paid talents and experts in Temasek Holdings spent 8 months to do due diligence actually find nothing wrong with SBF and FTX while ended up throwing US$275m into this rubbish bin?

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jw5

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GMS does a comparison. :wink:

Goh Meng Seng

13 h ·

Our grossly overpaid Talents & Experts spent 8 months doing due diligence on FTX and didn't find anything wrong but it takes Elon Musk only 30 min to sense SBF is BS ...

“To be honest, I’d never heard of him,” Musk said. “But then I got a ton of people telling me [that] he’s got, you know, huge amounts of money that he wants to invest in the Twitter deal. And I talked to him for about half an hour. And I know my bulls**t meter was redlining. It was like, this dude is bulls**t – that was my impression.”

“Then I was like, man, everyone including major investment banks – everyone was talking about him like he’s walking on water and has a zillion dollars. And that [was] not my impression…that dude is just – there’s something wrong, and he does not have capital, and he will not come through. That was my prediction,” Musk added.

https://www.businessinsider.com/elon-musk-meeting-ftx-sam..

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jw5

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GMS states his case. :wink:

Goh Meng Seng

3 h ·

MAS has issued a statement saying that they didn't blacklist FTX because it didn't "actively solicit" clients from Singapore.

I am extremely curious to know that if this is the case, why did Singapore end up as the SECOND MOST impacted country by FTX collapse according to the huge number of unique visitors to FTX website from Singapore?

It's obvious that FTX targeted Asian clients as its strategy is to somehow arbitrage the difference in pricing of different coins in Asia vs US.

The chart below is pretty clear of its strategy. South Korea, Singapore and Japan are the largest pool of investors for FTX. If we calculate clients per capital of each country, Singapore will most likely be the highest!

So I am rather amazed that MAS didn't notice that FTX is attracting alot more clients from Singapore and didn't put it on its blacklist or watchlist or issue alert notice.

Well, we are starting to see people here declaring bankrupt due to FTX collapse. Hopefully there will be no suicide due to this collapse.

If MAS can't list every crypto exchange that is unlicensed to operate here, I guess it should issue warning notice and list out those crypto exchanges which are properly licensed and regulated by MAS here.

Else, just ban crypto exchange altogether.

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jw5

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GMS shares his wisdom. :wink:

Goh Meng Seng

12 h ·

GMS Herd Infection Protocol
(updated 21 Oct 2021)

1) The Fundamental of Vaccine is to invoke our immune system to produce anti-bodies to fight the virus.

2) If our body’s natural immune system is weak, no amount of vaccine will help us to fight the virus

3) Thus the most fundamental way of fighting the virus is to strengthen our own body’s natural immune system

4) Vitamin D, Vitamin C, Zinc, Quecertin, Raw Honey, Ginger Tea, Fruits, Proteins like eggs, fish soup, milk etc

5) When our own body’s immune system is weak, we will need external help… Medicine or Cure

6) India’s Experience Uttar Pradesh state in issuing medical kit

7) India UP Kit includes Ivermectin, Vitamin B, C, D, Zinc Supplement plus Panadol.

8 ) What to do in SG if you are confirmed or suspected infected?

9) Hospitals are full and healthcare system at brink of breaking down.

10) We can only depend on ourselves

11) Protect vulnerable family members by masking (N95) plus wearing Face Shield when you have direct communication with each other.

12) Create Isolation room with plastic screen. Keep an electric kettles inside the isolation room. Keep a personal set of utensils for meals including plates, bowls, chopsticks, fork and spoon etc.

13) Stock up TCM medicines.

14) For Treatment of Symptoms: Fever 莲花清瘟胶囊 3 boxes for 6 days dosage

15) For Diarrhea 藿香正气水 1 box

16) For main Lung protection & Coughs 清肺排毒汤 1 box

17) Monitor Temperature & Oxygen level

18) If you start to have breathing difficulty while walking, call ambulance and admit yourself to hospital.

19) Prepare the Covid Emergency Kit with all these stuffs, including Vitamins, supplements, Raw Honey, Ginger powder, TCM, Oximeter, thermometer etc. for bringing them with you once you are quarantined.

20) Do not use split unit aircon in the isolation room, keep the windows open and blow your fan out to the windows.

21) If possible, install an UV light air filtration system to kill off the virus in the air. We already know Ultra Violet light will kill off the virus. This will protect your family members from cross infection.

22) Get enough Sunlight (at least 20min) and eat more fruits for Vitamin C every day.

23) Take coconut water with a bit of salt and calamansi juice to cool down your body. To strengthen your body against flu symptoms, boil ginger water (10min) and add lemon plus honey after the water cool down as warm water. Drink in the morning.

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jw5

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GMS finds this ironical. :o-o:

Goh Meng Seng

1 d ·

For the past 7 days, there is ZERO UnV in ICU (average is ZERO) but there are V people in ICU due to CV Infec.

Some people have to eat their words...

How could those "protected" having more people in ICU than those "unprotected"?! That's pretty ironic isn't it?

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jw5

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GMS looks at the valuation history of FTX. :cautious:

Goh Meng Seng

11 h ·

Look at valuation history of FTX.

2019 Nov Valuation $500m when Binance bought 20% stake with $100m

2021 July Just after 1.5yr FTX raise $900m at valuation $18B!

2022 Jan Just another half year, FTX raise another $400m at $32B! This is 70% jump in valuation within 6 months!

So this company has such a magical strength that could make its valuation jumped SIXTY FOUR TIMES 64X in less than 2 years?!

And this is NOT jumping from 50 cents to $32 but $0.5 MILLIONS to $32 BILLIONS!

The most ironic thing is this, after getting a valuation of $18B in 2021, FTX pays only $2B for the 20% stake that Binance held! It means that the basis of valuation of this buyout is just $10B instead of $18B!

But strange enough, the valuation jumps 1.7x to $32B shortly after!

Obscenely paid foolish talents and experts in Temasek Holdings actually didn't see this is a big Red Flag of Fraud?

This is absolutely rubbish and what due diligence are we talking about here?

https://en.m.wikipedia.org/wiki/FTX_(company)

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