This is how 0.037 Bitcoins looks like in Venezuela - page 3.

Amph

legendary

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Quote from: jethrorn99 on January 03, 2016, 10:21:48 AM

Quote from: Premium Account Reseller on December 31, 2015, 08:49:14 AM

if I go there with $200 I would get laid like theres no tomorrow. how do you live with $20? how do their pay for spotify? some people dont have life.

I think in there, there's no spotify. Soo, you have to listen to radio or download the music.

If you bring $200 you can live in a cozy hotel and great food.

Wow, now i want to go to venezuela

yeah with soemone shooting at you from behind at any time

there is a high activity of criminals, there i won't go there no matter how much is low cost the life there

Epicnicity

member

Activity: 110

Merit: 10

That look like a lot of money. It may not be much to western countries but if you can get by with that in your country, it is a lot.
Seems like there's a huge economic gap between certain countries.

yenxz

sr. member

Activity: 294

Merit: 250

That a massive amount of money,somebody can tell me how much ia that in venezuela currency?
And i wonder,is there many countries who have same problem?i think i'm going to venezuela and bring $100 Grin

DimensionZ

sr. member

Activity: 350

Merit: 250

Shit, did I leave the stove on?

Quote from: Denker on January 03, 2016, 10:37:10 AM

Quote from: DimensionZ on January 03, 2016, 06:13:18 AM

I am wondering if there is a list with all the countries where you need a little bit of money to live very well. You could buy a vacation house for example and enjoy yourself for quite some time every year.

I don't know if live could be that great.After a while the locals will know who the owner of this house is.
A foreigner with money! The people will beg you for a bit of money as soon as you start to go out in the streets.
When you're gone they will break into your house and steal everything which could be useful.

Yes this is a likely situation but I was thinking more about a small not luxurious villa or a bungalow where you could spend some time in the summer. Obviously one would spend his/her time with outdoor activities and exploring the country. This is simply to offset the cost living in a hotel for example.

Denker

legendary

Activity: 1442

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Quote from: DimensionZ on January 03, 2016, 06:13:18 AM

I am wondering if there is a list with all the countries where you need a little bit of money to live very well. You could buy a vacation house for example and enjoy yourself for quite some time every year.

I don't know if live could be that great.After a while the locals will know who the owner of this house is.
A foreigner with money! The people will beg you for a bit of money as soon as you start to go out in the streets.
When you're gone they will break into your house and steal everything which could be useful.

jethrorn99

full member

Activity: 224

Merit: 100

Quote from: Premium Account Reseller on December 31, 2015, 08:49:14 AM

if I go there with $200 I would get laid like theres no tomorrow. how do you live with $20? how do their pay for spotify? some people dont have life.

I think in there, there's no spotify. Soo, you have to listen to radio or download the music.

If you bring $200 you can live in a cozy hotel and great food.

Wow, now i want to go to venezuela

kotwica666

legendary

Activity: 2282

Merit: 1035

I have friend from Venezuela that is living around ten years in Spain. One day i ask him to go for holidays there.. he answered me that to survive there i have to looks like homeless (i have blonde hair) but even it will be risky for me.
He show on my sunglasses and said that for something like that someone can kill me there..
After reading this stories here i believe him more..

wisecoin

member

Activity: 81

Merit: 10

My friend's there travelling. He's definitely having a good time with these exchange rates Grin

It is always great to travel to places where high inflation..

Blue_Tiger73

member

Activity: 112

Merit: 10

Venezuela really needs to get their act together. They can't go around paying people with this. It is a disgrace.

DimensionZ

sr. member

Activity: 350

Merit: 250

Shit, did I leave the stove on?

I am wondering if there is a list with all the countries where you need a little bit of money to live very well. You could buy a vacation house for example and enjoy yourself for quite some time every year.

OROBTC

legendary

Activity: 2912

Merit: 1852

...

I just realized something else about that many bolivares valued at just BTC0.037.

bitmixer.io pays up to 0.035 per week in their Sig. Campaign if you max out the 50 posts (which I have yet to do, close though). That's roughly $15.00 at current BTC prices.

A Venezuelan in their campaign could make almost that WHOLE set of bundles of bolivares (OP's picture). Each week. The mind boggles...

Hyperinflation, as we can now see with our own eyes, is a killer.

takingthis4

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CryptoTalk.Org - Get Paid for every Post!

oh wow thats a lot of money just think what it would be if the price would go much more up

amalref

member

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Is there a safe place where i could build new mining farm? If yes,please post here link to google maps thanks

Where to exchange BTC/VEF ?
~0.03$ / kWh is pretty good

STT

legendary

Activity: 3878

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Leading Crypto Sports Betting & Casino Platform

Venezuela is linked to the oil price which hasnt been this low for a decade or more. Meanwhile the dollar is worth far less now then it was previously so its a double loss for them, suffering financial loss both from Washington politics and the Saudi oil flood. Neither condition will exist long term but its enough to wash out the innards of weak countries in favour of outside powers, this represents the oppisite of the governments politics which is nationalism. So basically we are seeing a failure of everything Venezuela relied on.

Negative as it is, it demonstrates why bitcoin could be useful independence for many people in many nations from dollar influence and even from wider global issues such as cheap oil or cheap goods from China wiping out local labour and industry concerns. Ive no idea if Venezuela has an internet structure but it'd very useful right now I think

OROBTC

legendary

Activity: 2912

Merit: 1852

...

There's no doubt that Venezuela is in deep... As mentioned above, if there is now way to get good work (for good money, enough bolivares to either get dollars or WAY enough to get rationed food), then most ARE stuck there with no good way to make their lives better.

Two thoughts though:

1) Yes, Venezuela has a very high crime rate, but if you are young & speak Spanish (and tough & wary), you may be able to enjoy a vacation there for cheap. Venezuela has good steak (or did when I was there over 15 years ago). The women are pretty, and may be more friendly to "gringos" now, they kind of disdained Americans when I was there (too many chasing them?).

2) Any Venezuelans here at bitcointalk can earn pretty good BTC with a Signature Campaign! Even the less than or equal of BTC0.035 per week by bitmixer means MORE to a Venezuelan than to an American... OK, it may be hard to "cash in" BTC there, but many in Venezuela know someone in Miami.......

Premium Account Reseller

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if I go there with $200 I would get laid like theres no tomorrow. how do you live with $20? how do their pay for spotify? some people dont have life.

copperhorse111

member

Activity: 84

Merit: 10

Inflation there is huge apparently, They are only second to Zimbabwe's millions bills Tongue

Amph

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Quote from: turkandjaydee on December 30, 2015, 11:34:25 PM

Wow, thats so screwed up.
Is bitcoin official there yet?

i doubt they have good infrastructure to welcome bitcoin, also too much criminals there, it would be a stealing fest

that's why their fiat is toilet paper basically

EdenHazard

legendary

Activity: 2674

Merit: 1048

O god, I really never heard of inflation problem in Venezuela, but I never knew that the minimum wage in Venezuela amounts to only $ 12, so if the maximum wage reaches $ 24? Grin

and hopefully bitcoin can take this opportunity in Venezuela.

turkandjaydee

hero member

Activity: 1456

Merit: 567

Wow, thats so screwed up.
Is bitcoin official there yet?

Topic: This is how 0.037 Bitcoins looks like in Venezuela - page 3. (Read 31697 times)