Does it impact you americans at all? People from europe being paid in USD have been hit pretty hard, I know I have. My business has grown quite a bit, yet I make less euros than earlier. Which sucks.

All retards on gfy have comments like "if you don't like usd, don't use it".. fuck that, do I have options? "Move to usa if your income is in usd".. yeah, I can just move into usa..I'm not a fucking mexican, I'd get kicked out after 3 months. whoopee. "make more signups to make up to it", no shit sherlock.. really, I'm trying to cut down on my signups.. signups = bad.

Does anyone have any creative comments about this. I'm not a hater, but I hate retarded remarks. :)

I just felt like ranting since I've vouched not to post on gfy for a while. sorry. :)

TGF, us, americvans, are not affected by US$ much...yes, it costs more to travel, but...the price of tix went down, so this si not an issue.

If I were in your shoes,
I'd open a DOLLAR acount.

as we all know, currencies, like any other commodities, fluctuate.
Today Euro is high, yesterday dollar was high and tomorrow it all gonna change again.

This way you avoid losses on currencies COMPLETELY

I have a $ account and I keep all my income there. But, unfortunately I need to buy things like food sometimes. :)

Lucky for me that my hosting, content and every expense is in usd. Otherwise I'd be fucked. :)

I better tap into the finnish market and take it over, and get payments in euros. :)



Last edited by TeenGodFather at Nov 20 2003, 04:36 AM

I have a $ account and I keep all my income there. But, unfortunately I need to buy things like food sometimes. :)

Lucky for me that my hosting, content and every expense is in usd. Otherwise I'd be fucked. :)

I better tap into the finnish market and take it over, and get payments in euros. :)[/b][/quote]
if you kept some money in the euro acount when US$ was high, you wouldn't have this problem now.

I guess being on GFY at that time prevented you from looking ahead...

this si like an investment porfolio...
doesn't matter where the market goes, mine is very stable and collects interest
;-))

you can do the same with currencies.

Right now I think the US is happy because it helps export more goods from the US, and I also think the EU is happy because it will have a positiv effect on inflation, and since most EU countries have debt in US dollars, then it will be cheaper for them to pay back loans etc.

However it will impact the US negativ if the dollar gets too low, since then investors will slowdown their investments in the US, and it will also impact the EU because their products will be more expensive on the world market.

My guess is another rapid fall in 5-10% range, and it will make either the US or EU do something.

Unfortunately I have yet to make my millions... so even though I have small amounts of money in euros, it won't make me feel warm and fuzzy since I'm more intrested in the money I still have to make. :(

Unfortunately I have yet to make my millions... so even though I have small amounts of money in euros, it won't make me feel warm and fuzzy since I'm more intrested in the money I still have to make. :([/b][/quote]
well...there is something else you can do...
buy puts on US$

if it deteriorates futher, you won't be affected

There's a simple point regarding US currency exchange rates that webmasters sometimes miss. The US Dollar was historically high in the late 1990's. All that has happened is it has returned in the direction of it's historical norm. The US dollar index today is about the same as it was in 1995. The adult internet really took off at just the time the dollar was moving to a relative high. Many webmasters started in this period and think of those rates as "normal". The 1996-1999 dollar, though, was not "normal". 1996-early 2002 was a period of an UNUSUALLY strong US dollar.

This is further exacerbated for European webmasters since the introduction of the Euro occured in the same time period and most younger people's recollection of exchange rates only goes back that far.

Welcome to Normal. Population, 12.

Doesn't mean it sucks any less for me ;)

Doesn't mean it sucks any less for me ;)[/b][/quote]
well...
how do you pay for airline tix on Expedia?
$ or Euros?

On Oprano, we all learned of the Dollar's fate in January 2002.

Plenty of time to take appropriate action. :okthumb:

true...wig told me where it's going in Vegas during convention, January 2002, at dinner sponsored by Cyberglide, Sharky and Mach10

I bought my tickets to amsterdam with euros.
:(

Good Morning, Serge.

What income investments have you been picking up lately?

This may seem like a smartass remark, but it's meant to be serious.... Why don't you start a paysite and charge in Euros. I know there's lots of EU webmasters that would be willing to promote it and I think guys in EU like porn as much as US guys...

Auction Rate Preffereds..7 day municipal, tax free paper at 1.1% a year..
beats the MM...plus inflation indexed CD's

It's under consideration.

But We are going to make a finnish paysite for sure that will indeed charge in euros, I don't know whether or not we'll be making that available for affiliates though.

Try converting US$ into UK£ and then you'll see a world of hurt.. but it's something I've had to get used to, I keep my dollars for when it's strong against the pound and then change it...

at $35 per sign-up it means the difference between:

$35 converting into £17
and
$35 converting into £26

One question I do have is why you say “signups = bad”?

I’m a firm believer that sign-ups = very very good

Sarcasm doesn't transfer very well over BBS's I assume. :)

Anyways, also regarding Wizzo's suggestion.. most of my income has been coming from other webmasters for designs. So I can't start charging euros for my designs.. US based clients for some reason do not want to send euro wires. So I always get my payments in USD (even from european webmasters for some peculiar reason).. :)

Sarcasm doesn't transfer very well over BBS's I assume. :)

Anyways, also regarding Wizzo's suggestion.. most of my income has been coming from other webmasters for designs. So I can't start charging euros for my designs.. US based clients for some reason do not want to send euro wires. So I always get my payments in USD (even from european webmasters for some peculiar reason).. :)[/b][/quote]
raise the prices...don't be affraid of the high tags...

Sarcasm doesn't transfer very well over BBS's I assume. :)

Anyways, also regarding Wizzo's suggestion.. most of my income has been coming from other webmasters for designs. So I can't start charging euros for my designs.. US based clients for some reason do not want to send euro wires. So I always get my payments in USD (even from european webmasters for some peculiar reason).. :)[/b][/quote]
I must have come over wrong as there was no sarcasm intended, I was legitimately interested in why you posted in your first post that signups = bad.

:)

I was sarcastic there. lol.

I was sarcastic there. lol.[/b][/quote]
DOH!!

You'll have to excuse me it's my time of the month... erm... I think us men call it... moron week lol


I've got my fingers crossed that my moron week ends soon :D

Good luck. I've been waiting for it to end for years on my part.

Auction Rate Preffereds..7 day municipal, tax free paper at 1.1% a year..
beats the MM...plus inflation indexed CD's[/b][/quote]
Damn... Holding on to CASH is harder than I thought, but with returns like that I will have to manage.

Sarcasm doesn't transfer very well over BBS's I assume. :)

Anyways, also regarding Wizzo's suggestion.. most of my income has been coming from other webmasters for designs. So I can't start charging euros for my designs.. US based clients for some reason do not want to send euro wires. So I always get my payments in USD (even from european webmasters for some peculiar reason).. :)[/b][/quote]
Sarcasm = ;-)
Serge's Sarcasm = ;-)))

There's always a formula.

Doesn't mean it sucks any less for me ;)[/b][/quote]
Just wait long enough and the next run back up will feel like the dollar is exploding ;-)

Damn... Holding on to CASH is harder than I thought, but with returns like that I will have to manage.[/b][/quote]
everything is relative...
.01% return on 100 mils is better than 100% return on $1000
;-))))

Too bad I don't have 100mm. :groucho:

I'm not overly pleased about the weak US dollar, especially in comparison to the Canadian. It's been a LONG time since the Canadian dollar looked so good, and I assure you it's not because of a stronger Canadian economy, but a weaker US one. I'm stockpiling US money in a US account and only taking what I need, because eventually the tables will turn again. When they do, I will be ready for them. It's as good an excuse to save as any, I guess.

I'll be happy to hold everyone's USD right here in my tight little fingers.






Just don't expect to get it back.... :awinky:

neither do I...but I am working on it

The Federal Gov't is printing money like mad. They are purposely deflating the dollar because it is a cheap way of helping the US economy. It makes US good cheaper thus helping manufacturers and those who export out of the Country. It also helps adjust trade imbalances.


While it does not effect most Americans, I think that the Bush Administration is going to far - I think currency should be set and controled by free markets.

The Federal Reserve is here to stay.

PPL just need to learn how to deal with it.

Haha. I've been trying to tell Buff that ;-)

Haha. I've been trying to tell Buff that ;-)[/b][/quote]
Buff must be waiting for a total economic collapse, deflation or hyper-inflation and even then, it is still likely that a central bank will exist going forward.

The average person just does not understand how central banking works.

If everyone understood it, Buff could lead the revolution! :salute:

Buff must be waiting for a total economic collapse, deflation or hyper-inflation and even then, it is still likely that a central bank will exist going forward.

The average person just does not understand how central banking works.

If everyone understood it, Buff could lead the revolution! :salute:[/b][/quote]


He has been in Canada planning the Revolution with French Canadiens!

HAHA

So many reasons the US should join the Euro.



:rokk:

Who shot JR?

Who shot JR?[/b][/quote]
are you suggesting he was shot over exchange rates?