This is how 0.037 Bitcoins looks like in Venezuela - page 5.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: max17 on December 28, 2015, 01:45:05 PM

Quote from: amalref on December 27, 2015, 10:33:24 AM

Could someone tell me more info about electricity rate in Venezuela? in us $ please.

we have a mine with 30 s7 and the bill for energy is like 12$ per month
is like free this the mean reason to start mining here Wink

How is it that the value of your money is so little yet your electricity bill is too cheap? I thought it would be higher because purchasing power is too low. What is the source of energy in Venezuela?

Decoded

legendary

Activity: 1232

Merit: 1030

give me your cryptos

The inflation is reel in Venezuela.

Quote from: bearex on December 28, 2015, 01:57:47 PM

What the hell? So you could just live off bitcoin signature campaigns? Cheesy

It certainly looks like alot, but in reailty it's like, $30. Many notes does not mean many monies. It depends on the note's value, and in some cases, a multiple-dollar note might be worth a few cents. Just like Venezuela's case.

max17

newbie

Activity: 43

Merit: 0

Quote from: NETFix on December 28, 2015, 11:28:27 AM

Still 0.037 is half the minimum wage? then people trying to earn money online might be pretty profitable for people there.
Also that's allot of paper...

the minimun salary is like 12.000 bsf but with the black marquet $ is 800bsf x $ so the minimun salary is 15$

bearex

hero member

Activity: 560

Merit: 501

What the hell? So you could just live off bitcoin signature campaigns? Cheesy

max17

newbie

Activity: 43

Merit: 0

Quote from: hectordsd on December 28, 2015, 12:05:23 AM

Quote from: DebitMe on December 27, 2015, 02:28:59 AM

I am still looking to purchase a large amount of these bills at the black market rates if anyone is able to get ahold of them and ship them to the states. There would be a nice payment to the person able to procure these for their efforts.

i could try, but most of the couriers here wont let me send those amount of bills, or i guess i can figure how, anyway, i can find any amount of any type of banknotes, (bsf 2, 5 and 10 the lowest)il will send you a pm

the crime is related to the area.i live 12 hours far away from Caracas, the center. The crime is more prevalent in the big cities, like Valencia, Maracay and Caracas.

Here is a relative safe place to live, i mean, the only bad this that happened our family has been one time my dad car got stolen while he was waiting for the door to open and other car that got stolen while a worker was driving but the police recovered the car thanks to the gps.

we are mining since middle of this year and we have never seen a electricity bill so i could say its free for us Cheesy

i spend the most of the time inside my house while getting btc from our small family farm

the idea of mining in venezuela is one of the best oportuinies here , i already have a small farm with 30 s7 and have some aod security metod like alarms and video cam to keep the mine safe , and is ana anominus place

max17

newbie

Activity: 43

Merit: 0

Quote from: amalref on December 27, 2015, 10:33:24 AM

Could someone tell me more info about electricity rate in Venezuela? in us $ please.

we have a mine with 30 s7 and the bill for energy is like 12$ per month
is like free this the mean reason to start mining here Wink

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: troleybüs on December 28, 2015, 11:51:45 AM

Quote from: bolivarcoin on August 11, 2015, 06:26:17 PM

This is why Venezuela will be the first country to adopt a virtual currency.

0.037 Bitcoins o almost 12 Us$

It loos like a lot of money, but is the equivalent to half of the monthly minimum wage

Seriously is minimum wage 24$ in Venezuela? That's lower than China and even African communities. It's not even 1$ per day. I know inequality is serious in the world but I can't believe the range is so far.
I wonder if anybody here is from Venezuela. They can earn 10x minimum wage even from the worst signature campaign. Cheesy

They can work very hard for a very low amount as $24 there, or they can join a signature campaign that makes them around $100 per month easily without much effort. The choice would be easy, right?

Blind Legs Parker

hero member

Activity: 2016

Merit: 721

Quote from: NETFix on December 28, 2015, 11:28:27 AM

Still 0.037 is half the minimum wage? then people trying to earn money online might be pretty profitable for people there.
Also that's allot of paper...

So that's where all the Amazon rainforest goes...

I wouldn't go to Venezuela, anyway, after what I've heard. Being a millionaire is cool, but living like one without risking to get stabbed every second that passes is cooler, IMO. I'd rather stay poor in a safe country, really.

troleybüs

legendary

Activity: 1424

Merit: 1001

Quote from: bolivarcoin on August 11, 2015, 06:26:17 PM

This is why Venezuela will be the first country to adopt a virtual currency.

0.037 Bitcoins o almost 12 Us$

It loos like a lot of money, but is the equivalent to half of the monthly minimum wage

Seriously is minimum wage 24$ in Venezuela? That's lower than China and even African communities. It's not even 1$ per day. I know inequality is serious in the world but I can't believe the range is so far.
I wonder if anybody here is from Venezuela. They can earn 10x minimum wage even from the worst signature campaign. Cheesy

NETFix

member

Activity: 70

Merit: 10

Still 0.037 is half the minimum wage? then people trying to earn money online might be pretty profitable for people there.
Also that's allot of paper...

max17

newbie

Activity: 43

Merit: 0

in venezuela is hard to live ... but is one of the best place on earth to mine bitcoin
so that is why i desided to set up a bit farm

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: kpitti on December 28, 2015, 09:41:13 AM

Quote from: gkv9 on December 28, 2015, 06:11:29 AM

If one could live well on $100 at a place like Venezuela, then I would definitely like to visit there as my earnings are definitely more than what they are getting in actual wages...

The cost of living is connected directly to the standard of living. It`s not easy to go down, at least I will not like that. As someone mentioned there is not safe and people who has more money needs to put more in security.

Quote

Good OP, hope to see Bitcoins used there completely and get $$$ vanished from there...

Actually most people that have money in Venezuela end up leaving the country because what's the point of living there if you can leave? The murder rate is the highest in the world, poverty is rampant, there are lines of people waiting for basic needs like milk, eggs and toilet paper, it's pretty insane. If I had money, I would just leave.

kpitti

legendary

Activity: 924

Merit: 1002

Quote from: gkv9 on December 28, 2015, 06:11:29 AM

If one could live well on $100 at a place like Venezuela, then I would definitely like to visit there as my earnings are definitely more than what they are getting in actual wages...

The cost of living is connected directly to the standard of living. It`s not easy to go down, at least I will not like that. As someone mentioned there is not safe and people who has more money needs to put more in security.

Quote

Good OP, hope to see Bitcoins used there completely and get $$$ vanished from there...

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: gkv9 on December 28, 2015, 06:11:29 AM

If one could live well on $100 at a place like Venezuela, then I would definitely like to visit there as my earnings are definitely more than what they are getting in actual wages...

Good OP, hope to see Bitcoins used there completely and get $$$ vanished from there...

I would seriously reconsider this.. Venezuela is one of the most dangerous contries to live in at the moment. Lots of tourists get robbed or killed there for a few dollar.

If you value your life you better go to a more expensive country where a bit of cash doesn't draw a ton of attention.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

If one could live well on $100 at a place like Venezuela, then I would definitely like to visit there as my earnings are definitely more than what they are getting in actual wages...

Good OP, hope to see Bitcoins used there completely and get $$$ vanished from there...

Wendigo

legendary

Activity: 2604

Merit: 1036

Wow I didn't even imagine one could live so well with just $100 over in Venezuela. I thought all the countries in South America are kinda developed or developing quickly. By the way, how is the safety of living in a big city like the capital? Can you go out of your house and take a walk and not fear of getting robbed or kidnapped?

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

Quote from: hectordsd on December 28, 2015, 12:05:23 AM

Quote from: DebitMe on December 27, 2015, 02:28:59 AM

I am still looking to purchase a large amount of these bills at the black market rates if anyone is able to get ahold of them and ship them to the states. There would be a nice payment to the person able to procure these for their efforts.

i could try, but most of the couriers here wont let me send those amount of bills, or i guess i can figure how, anyway, i can find any amount of any type of banknotes, (bsf 2, 5 and 10 the lowest)il will send you a pm

the crime is related to the area.i live 12 hours far away from Caracas, the center. The crime is more prevalent in the big cities, like Valencia, Maracay and Caracas.

Here is a relative safe place to live, i mean, the only bad this that happened our family has been one time my dad car got stolen while he was waiting for the door to open and other car that got stolen while a worker was driving but the police recovered the car thanks to the gps.

we are mining since middle of this year and we have never seen a electricity bill so i could say its free for us Cheesy

i spend the most of the time inside my house while getting btc from our small family farm

I have responded to your PM, interested in working with you.

Thanks!

OROBTC

legendary

Activity: 2912

Merit: 1852

Quote from: enhu on December 28, 2015, 12:29:05 AM

it will make difference when you are there already, the commodity prices and basic necessity. because if when you stay there, your wage might just as will be $24 depending on the kind of profession.
Certianly if you have a lot of USD before going there, you an enjoy the place, would definitely want to go PERU not Venezuela. Machupiccu is a great place to visit.

Peru is a great place to visit! We go once or twice a year, we partly own an auto parts import company there. Peru is one of the most interesting countries in the world... Almost every corner of the country is interesting, and not just the Inca marvels at Cuzco and Machu Picchu.

Here is an example of a part of Peru that is EXTREMELY interesting, yet hardly anyone ever goes there:

http://goo.gl/VCbS5H

But, Bitcoin has almost NO presence there. I have looked... My guess is that because Peru has a free market in currencies (no controls), they do not NEED BTC as Venezuela and Argentina do.

enhu

legendary

Activity: 2492

Merit: 1018

it will make difference when you are there already, the commodity prices and basic necessity. because if when you stay there, your wage might just as will be $24 depending on the kind of profession.
Certianly if you have a lot of USD before going there, you an enjoy the place, would definitely want to go PERU not Venezuela. Machupiccu is a great place to visit.

Greenenergy

sr. member

Activity: 441

Merit: 250

Well... Unfortunately this is the case for many countries around the world, not just Venezuela.

Topic: This is how 0.037 Bitcoins looks like in Venezuela - page 5. (Read 31697 times)