Originally posted by Wombatman
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Bad beat/Moaning/Venting thread - Mammy told me not to come.
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Originally posted by Raoul Duke III View PostWhy do you say this? (Besides wanting to troll me, which is fine). I've been working in and with innovation teams from all over the world - still waiting to see a practical application of blockchain.Happiness is not a goal; it is a by-product. ~Eleanor Roosevelt
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Originally posted by Theresa View PostAs much as it is uncomfortable for a lot of people, being assertive (but not an asshole - fine line) is a sure fire way to get what you want from most companies.
Like Raoul said, inertia must cost people so much money, similarly not wanting to be assertive and actively ask for things even if uncomfortable costs people millions too.
See: Employment negotiations.
See: Phone bills.
See: Internet and TV Bills.
I have no idea re mortgages and banks because Im a 31 year old manchild.
Rang them initially to downgrade. Knocked the bill back from €70 to €40.
Box stopped working immediately. Took three days and about 3 hours of my time on to them to figure out.
Got it back working but it was laggy as fuck and sky+ was gone.
Long story short, as in over two weeks later, they wanted €120 to come out and fix it. Naturally I politely told them to go fuck themselves, that I wasn't paying.
A talk to the manager and she comes back with the 'great news', we'll do it for €60.
I told her to cancel my account. She got smarmy then saying that because it was over two weeks I can't cancel as I've passed the cooling off period.
Nope says I. You've yet to provide your side of the contract, so the contract hasn't started yet. Oh, I'll get someone to ring you.
Guy rings me a day or two later and has the balls to try upsell me a Q box. Away te fuck.
He goes off to talk to the manager and comes back with more great news. They were gonna fix it for €25.
'Richie' I says to him. 'If you went in to a garage and bought a car, and when you went outside to drive away in the car it wouldn't start. If the garage wanted to charge you €25 to come out and fix the car for you, what would you tell them? I'm not paying you Richie'
'Great news, we're gonna fix that for free'
Fuckers will walk all over you if you let them.Last edited by Lazare; 30-10-19, 19:34.I hold silver in tit for tat, and I love you for that
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Originally posted by Wombatman View PostYou're joking right? Have a look as what Nasdaq are doing with distributed ledgers and take it from there.
Everyone gets very excited about blockchain but practical application in banking is close to nil."We are not Europeans. Those people on the continent are freaks."
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Saw some practical applications of risk management using ML and AI last week at a conference. Obvs it was like asking guys who sell shovels if you should dig a hole, but it made sense a lot of what they were saying.Low fee Euro/UK money transfer, 1st transfer free through my referral
https://transferwise.com/u/bfa0e
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Originally posted by Raoul Duke III View PostIsn't this the Joan Bruton auto-enrollment thing rebadged?
It is obviously a very sensible idea.
Sorely needed anyway, would be pretty sure that none of my 30something friends have any sort of voluntary plan.Last edited by Denny Crane; 30-10-19, 19:59.
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Originally posted by Murdrum View PostYour job is so esoteric that I'd be inclined to say yes. I think for someone like me who has much less and more generalised experience you leave too much on the table by using a recruiter.
Richie may disagree and is probably the one to ask but based on salaries advertised and what people I know are making in similar roles, the gap seems substantial enough so I've avoided it.
That said, WTF do I know, I asked for X in my current role and they said "eh you can y" which was 40% increase over my ask
I'm not paid well, I was just very out of touch as to what I could ask for.
I'm currently interviewing at the minute though, a 1st round last night, another 1st round Tuesday and 3rd round the following Tuesday.
Last night was a massive reach and I'd be shocked to get offered it even though it went surprisingly well but the other two I have a chance.Originally posted by V for Vendetta View PostHave you finished up or still in your current role?
My gig is pretty niche and most jobs are via my network but recruiters are still very useful especially for more senior roles.
Are you looking for something a bit different? If so don’t be afraid to draft up something a bit different in terms of CV and go meet the likes of Korn Ferry or Capital Markets.Originally posted by RichieM View PostYes but you need to pick who you go to. I will be the first to admit a lot of us are not great.
Think you still have my number, give me a shout and we can catch up. Will point you in the right direction or ask the guys who will know who is good.
hope they're going well for you Murdrum.
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Blockchain is a solution looking for a problem.
Oft quoted. Very true.
It is cool tech. And it will find a problem to solve. But right now... nah.This may or may not be an original thought of my own.
All efforts were made to make this thought original but with the abundance of thoughts in the world the originality of this thought cannot be guaranteed.
The author is not liable for any issue arising from the platitudinous nature of this post.
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Originally posted by shrapnel View PostI've got a couple of neobank accounts, revolut and monzo. Not a hope in hell I'm moving my main banking with them. .
I know for a fact that one Neo bank actually agrees with you too!This may or may not be an original thought of my own.
All efforts were made to make this thought original but with the abundance of thoughts in the world the originality of this thought cannot be guaranteed.
The author is not liable for any issue arising from the platitudinous nature of this post.
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Originally posted by Raoul Duke III View Postfo' sho
I have the valuer coming tomorrow morning. Great having a week off where you sort shit out! Easily saving 1k a year from today's activity.
Mortgage dropped by a 100 month so happy days.
Think I only did it from recommendations here at some point.Her sky-ness
© 5starpool
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Originally posted by Denny Crane View PostThanks!
hope they're going well for you Murdrum.
Obviously I'll be leaving money on the table but more than willing to do provided it's not too much. I'd actually take a small pay cut over my current.
3rd round for another on Tuesday, which will also be the decider, it's a pity it's not the opposite way as in the(unlikely) event I'm offered both, I feel the smaller company will want an answer asap. The other has been a very prolonged process but that's standard enough.
As suspected the 1st rounder I had last week, I haven't heard back. I wouldn't give me the job, PCF role so pretty surprised at the opportunity but again enjoyed it.
Hope the search is going well
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Originally posted by Wombatman View Post
The issue is the carousel of providers will lead to a lack of competition once appointed and the post retirement ARF market in Ireland is in general a poorly advised rip off so they have work to do.
The idea of getting people to save for the long run is clearly sensible but likely to be seen as an extra tax by some folk.‘IF YOU had not committed great sins, God would not have sent a punishment like me upon you.” Genghis Khan
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On the topic of AI & ML, this is a good article on the development of AI in linguistics: https://www.newyorker.com/magazine/2...the-new-yorker
Lots of paragraphs constructed by the machine throughout seamlessly blending in at times.
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Was at the IPO over the weekend. Good craic and deffo signs poker isnt dead yet (well not here anyway)....down to last 12 in the "High Roller" and i get involved in a pretty chunky pot v a Lithuanian? guy. After floating all the way he wont piss off like i thought he would so im quite happy with the AAAAK runout. Even happier when he checks river and i know by looking at him that if i sell the shove to him well enough his confusion wont lift. Surely enough he folds dusting off 60% of his stack to much hilarity for the rest of the table.
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Originally posted by Theresa View PostBlockchain is a solution looking for a problem.
Oft quoted. Very true.
It is cool tech. And it will find a problem to solve. But right now... nah."I can’t find anyone who agrees with what I write or think these days, so I guess I must be getting closer to the truth." - Hunter S. Thompson
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Originally posted by Dice75 View PostWas at the IPO over the weekend. Good craic and deffo signs poker isnt dead yet (well not here anyway)....down to last 12 in the "High Roller" and i get involved in a pretty chunky pot v a Lithuanian? guy. After floating all the way he wont piss off like i thought he would so im quite happy with the AAAAK runout. Even happier when he checks river and i know by looking at him that if i sell the shove to him well enough his confusion wont lift. Surely enough he folds dusting off 60% of his stack to much hilarity for the rest of the table.Turning millions into thousands
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Originally posted by Theresa View PostBlockchain is a solution looking for a problem.
Oft quoted. Very true.
It is cool tech. And it will find a problem to solve. But right now... nah.
The most stressed man in our building is a buddy of mine who was given a 7-figure sum last October and told to have a Blockchain MVP up and running by December this year."We are not Europeans. Those people on the continent are freaks."
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Originally posted by Theresa View PostI couldn't agree more.
I know for a fact that one Neo bank actually agrees with you too!
It's a ridiculously handy service but I struggle to see where their profit comes from, if they exist they must be very thinPeople say I should be more humble I hope they understand, they don't listen when you mumble
Get a shiny metal Revolut card! And a free tenner!
https://revolut.com/referral/jamesb8!G10D21
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Originally posted by Lazare View PostCurrently drinking some Domaine Barville Chateneufe dú pape. It's good. It's really good.
I'm not paying thankfully.People say I should be more humble I hope they understand, they don't listen when you mumble
Get a shiny metal Revolut card! And a free tenner!
https://revolut.com/referral/jamesb8!G10D21
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Originally posted by Strewelpeter View PostMight have posted about it here at the time but I got into bother for doing something similar in a nuts on the board hand in a small club where I wasn't a reg. The table made sure the other guy called which he might or might not have needed the help with but then I got a bollocking for bumping the rake and there was then confusion over whether chopped pots should be raked when they are bet to the river. Can't even remember how that was ruled on tbh.
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Strewel's pic somehow led me to an article on how to deshell langoustines.
I love them but the process of deshelling always makes it seem like effort >>> reward. Don't feel the same about crabs, although I do appreciate the effort of a dressed crab."We are not Europeans. Those people on the continent are freaks."
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Originally posted by Raoul Duke III View PostStrewel's pic somehow led me to an article on how to deshell langoustines.
I love them but the process of deshelling always makes it seem like effort >>> reward. Don't feel the same about crabs, although I do appreciate the effort of a dressed crab.This too shall pass.
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Michaels of Mount Merrion Confirmed Delish. Seen picture on twitter of their seafood platter and hopped on over a few Sundays ago. No need for a Menu, just give us one of those fine fellows we saw on the internet and a glass of decent white Thank you Please.Low fee Euro/UK money transfer, 1st transfer free through my referral
https://transferwise.com/u/bfa0e
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Originally posted by ArmaniJeans View PostWasn't there an identical situation 10+ years ago (nuts on the board, all-in, fold) with someone from here and a pro-rugby player? Pity old BBV thread is gone.Redbet at the Dublin Poker Invasion FTW
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Originally posted by KevIRL View PostSatNav folding to NicNicNic I think
Originally posted by KevIRLHand involving Boylepoker Pro Nicky power in the first level
The board reads 6666A with about 400 in the pot, Nicky shoves his 30K stack and gets the other 2 players (one of which is the SatNav) to fold
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Originally posted by DeadParrot View PostI use revolut daily. It's replaced my main bank card (due to ptsb not integrating google pay).
It's a ridiculously handy service but I struggle to see where their profit comes from, if they exist they must be very thin
I use Revlout for all my amazon and non-euro spend. Although the split bill option has been excellent on recent trips abroad. I probably won't commit 100% to Revolut until they get the EU deposit protection fully implemented. Too many stories of customers with accounts frozen and poor security/compliance practices for me.
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Originally posted by Denny Crane View Post^ Revolut said recently that their average customer balance is 1k, which sounds both impossible, and insane.
N26 is just a better alround product than Revolut.airport, lol
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Originally posted by eamonhonda View PostTheir customer service for a company that holds people money is outrageously bad, Revolut that is"We are not Europeans. Those people on the continent are freaks."
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Originally posted by DeadParrot View PostI use revolut daily. It's replaced my main bank card (due to ptsb not integrating google pay).
It's a ridiculously handy service but I struggle to see where their profit comes from, if they exist they must be very thin
I got refused for a N26 hilariously enough, so have to stick with revolut but normally have 2/3k in there with my card frozen until I want to use it.
P.s. Real wealth is never having to spend time with assholes. Retirement is good.Go big or go homeless.
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Popped into The Lighthouse yesterday afternoon to catch The Shining (never seen it in its entirety always in pop culture references) I'm sitting in the second row from the front and shortly before the movie starts somebody comes in a sits in the row in front, thinking to myself that looks like Rigger, is it Rigger, nah can't be Rigger but turns out it was Rigger.
He gets up mid movie for a coke and some popcorn and I contemplate moving into his seat but I'm thinking 95% sure it was Rigger but didn't want to be some loon so waited until the movie was over to say hello.
We decided to go and grab a coffee and catch up, was fun shooting the breeze
No sightings of Hotspur..."you raise, i kill you" El Tren :{)
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Originally posted by coillcam View PostI use KBC for a zero free current a/c and credit card. Plenty of months I get the €10 max cashback on my credit card (1% on groceries/online purchases). Both cards work on google pay. Still with PTSB with joint a/c for mortgage.
I use Revlout for all my amazon and non-euro spend. Although the split bill option has been excellent on recent trips abroad. I probably won't commit 100% to Revolut until they get the EU deposit protection fully implemented. Too many stories of customers with accounts frozen and poor security/compliance practices for me.
Interested to hear peoples opinions on other options? Getting married next year so will be probably looking to setup a joint account also."you raise, i kill you" El Tren :{)
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Originally posted by Denny Crane View Post^ Revolut said recently that their average customer balance is 1k, which sounds both impossible, and insane.
N26 is just a better alround product than Revolut.
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Originally posted by mdoug View PostThey charge a small % for money exchanges at the weekends, it might seem like a very small amount but when they have such a big customer base they would make a nice chunk from that. I would definitely not imagine it would be enough to sustain them, but they probably have a few other things I'm unaware of.
I got refused for a N26 hilariously enough, so have to stick with revolut but normally have 2/3k in there with my card frozen until I want to use it.
P.s. Real wealth is never having to spend time with assholes. Retirement is good.
I think their original plan was to loss make their way into a big business and sell it, but maybe they're making enough now with their added services.
How so? Have Revolut and never looked into N26, but happy to be convinced. When buying a car in the North last year I briefly had €15k or so on my Revolut card, and felt a little uneasy during that 24 hour period when I considered the lack of security.
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Right here is a microcosm of the exact things neobanks are seeing.
DP uses it for everything.
Shraps a Luddite.
They are competing with themselves N26 and Revolut, not really with bigger banks. Like Denny and DP.
It's a super interesting space to look at because the premise is rock solid, that legacy banks and their legacy systems are too costly. Which they are.
But money is inherently built on trust, and legacy banks "own" money.
Thought experiment, if AIB and (Some Neobank) had the exact same issue, say a security breach, or someone accessing your account... who do you lose trust in more?
I think the answer would be overwhelmingly (Some Neobank). They are fighting against a tide of current behaviour, habit and norm. Tough sell.
That said, it can only be good for the consumer. The fact that legacy banks have started upping their digital game, and at least here, started making their actual premises modern and easy to use is a good thing.Last edited by Theresa; 31-10-19, 15:23.This may or may not be an original thought of my own.
All efforts were made to make this thought original but with the abundance of thoughts in the world the originality of this thought cannot be guaranteed.
The author is not liable for any issue arising from the platitudinous nature of this post.
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Originally posted by Theresa View PostRight here is a microcosm of the exact things neobanks are seeing.
DP uses it for everything.
Shraps a Luddite.
They are competing with themselves N26 and Revolut, not really with bigger banks. Like Denny and DP.
It's a super interesting space to look at because the premise is rock solid, that legacy banks and their legacy systems are too costly. Which they are.
But money is inherently built on trust, and legacy banks "own" money.
Thought experiment, if AIB and (Some Neobank) had the exact same issue, say a security breach, or someone accessing your account... who do you lose trust in more?
I think the answer would be overwhelmingly (Some Neobank). They are fighting against a tide of current behaviour, habit and norm. Tough sell.
That said, it can only be good for the consumer. The fact that legacy banks have started upping their digital game, and at least here, started making their actual premises modern and easy to use is a good thing.
The large banks with global scale will pick off the best tech and a mass consolidation will play out over the next decade imo. It will be very interesting but I can’t see plucky startups jumping to the top but large tech firms (alphabet, Amazon, Apple and Facebook) and large banks mopping up via their cheque books and their incumbency advantages. N26 and Revolut will really struggle to make a real long term independent splash.Last edited by V for Vendetta; 31-10-19, 15:41.‘IF YOU had not committed great sins, God would not have sent a punishment like me upon you.” Genghis Khan
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Originally posted by Strewelpeter View PostYou are making a mistake if you think of Revolut as a bank, they might have a banking licence but they are not a bank.
They are a card issuer providing some services that remind you of retail banking.Redbet at the Dublin Poker Invasion FTW
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Originally posted by Strewelpeter View PostYou are making a mistake if you think of Revolut as a bank, they might have a banking licence but they are not a bank.
They are a card issuer providing some services that remind you of retail banking.This may or may not be an original thought of my own.
All efforts were made to make this thought original but with the abundance of thoughts in the world the originality of this thought cannot be guaranteed.
The author is not liable for any issue arising from the platitudinous nature of this post.
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Originally posted by Theresa View PostRight here is a microcosm of the exact things neobanks are seeing.
DP uses it for everything.
Shraps a Luddite.
They are competing with themselves N26 and Revolut, not really with bigger banks. Like Denny and DP.
It's a super interesting space to look at because the premise is rock solid, that legacy banks and their legacy systems are too costly. Which they are.
But money is inherently built on trust, and legacy banks "own" money.
Thought experiment, if AIB and (Some Neobank) had the exact same issue, say a security breach, or someone accessing your account... who do you lose trust in more?
I think the answer would be overwhelmingly (Some Neobank). They are fighting against a tide of current behaviour, habit and norm. Tough sell.
That said, it can only be good for the consumer. The fact that legacy banks have started upping their digital game, and at least here, started making their actual premises modern and easy to use is a good thing.
Monzo is now constantly in the news for exactly these reasons also with people having their money frozen for Aml issues which monzo forgot to invest in.
I'm in just not all in.
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Originally posted by Theresa View PostThis is the only way in to the industry for most of them though. Or at least only practical way.
It's a very similar model to the mobile network brands like Tesco mobile.
Whats really interesting is how it sits in the overall strategy of the payments duopoly who along with China Union Pay are controlling the entire non cash payment space. As cash usage reduces from world economies these guys are shaving on average a bit more than 2% off every single transaction that transfers consumers funds to Merchants.
Think about that, it is an extraordinary amount of money that they are fighting to protect. The space is undergoing a lot of change and the technologies underlying these card issuers is part of the big two's strategy for growing the barriers to entry and increasing their own margins.Turning millions into thousands
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