Price importer for RealTokens

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Timothée GROS

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Dec 31, 2021, 1:42:25 AM12/31/21
to Beancount
Hi guys,

If there are some REALT investors here, i am please to share a simple price fetcher for Realtokens :

Let me know if you meet some issues.

Tim

Martin Blais

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Dec 31, 2021, 10:06:20 PM12/31/21
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image.png

Hmm...
image.png





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Timothée GROS

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Jan 1, 2022, 8:51:55 AM1/1/22
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Are you using a VPN ?
They have suffered DDOS attacks, and to protect themselves, they had to filter out all access from a non-residential IP address.

Martin Blais

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Jan 1, 2022, 10:26:57 AM1/1/22
to Beancount
Yes, of course. 
Hardware VPN piping everything through.
Few sites are VPN-specific nowadays (so many people with them).
I can access the site.

Man, this looks like the scam of the century.
Who's going to be accountable when the LLC holding the property you bought in Eastern Europe disappears and you show up in court with your little tokens?
Will the courts recognize your ownership claim, from another country? (Likely not.)
And who's going to care to make sure it's being maintained well?
The name is to me like an oxymoron.

Maybe I just don't understand enough. Not for me.



Timothée GROS

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Jan 2, 2022, 12:15:30 PM1/2/22
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There are definitely some questions to be addressed by realtoken, but i don't think it's a scam.
This a special type of LLC whose status clearly explain that the holders of the token are the shareholder of the company.
Maintenance of the building is a bigger concern for me. There are property managers dealing with it but you have to trust them.

Daniele Nicolodi

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Feb 5, 2022, 5:17:54 PM2/5/22
to bean...@googlegroups.com, Martin Blais
On 01/01/2022 16:26, Martin Blais wrote:
> Yes, of course.
> Hardware VPN piping everything through.
> Few sites are VPN-specific nowadays (so many people with them).
> I can access the site.
>
> Man, this looks like the scam of the century.
> Who's going to be accountable when the LLC holding the property
> you bought in Eastern Europe disappears and you show up in court with
> your little tokens?
> Will the courts recognize your ownership claim, from another country?
> (Likely not.)
> And who's going to care to make sure it's being maintained well?
> The name is to me like an oxymoron.
>
> Maybe I just don't understand enough. Not for me.

Not the same company nor the same cryptocurrency, but very relevant:

https://web3isgoinggreat.com/?id=2022-01-31-4

Real Estate Cryptocurrency Takes People’s Money, Then Shuts Down and
Vanishes
https://www.vice.com/en/article/wxdzvy/real-estate-cryptocurrency-takes-peoples-money-then-shuts-down-and-vanishes

Cheers,
Dan

Martin Blais

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Feb 5, 2022, 5:37:58 PM2/5/22
to Daniele Nicolodi, Beancount, Martin Blais
More than that: I fail to see how the idea made sense without leverage anyhow. 
The prime benefit of real estate is the ability to put on a long property / short interest rate position, where the bank accepts the property itself as a collateral.
The costs of ownership (repairs, maintenance, taxes) and the transaction costs (e.g. agent at the end, legal fees) are so high that without leverage RE would be a piss poor investment.



 

david e

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Feb 13, 2022, 9:21:50 AM2/13/22
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martin, which VPN you can recommend?

Martin Blais

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Feb 15, 2022, 1:45:43 AM2/15/22
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It's a bit dated, needs an update, but this is my setup, ASUS router with hardware encryption + Merlin stack:
https://docs.google.com/document/d/1qASHLNx7M-8S3IkFZPBanlO4OForbE9BNOk5saBI-2I/view

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