#depreciation

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cryptoandcoffee

7d

What Did They Expect A FAFO Moment

What Did They Expect A FAFO Moment

source The Story We Could Have Predicted One can only laugh and smile at those that bought Chinese cars 5 years ago and are now considering trading those old models in for a new Chinese vehicle. I have

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cryptoandcoffee

8d

Being A Dollar Millionaire Is Not What It Used To Be

Being A Dollar Millionaire Is Not What It Used To Be

source When I was growing up the thing most people strived for was being a millionaire. What was even worse is that was in Rands and even if that was US Dollars it makes little difference as neither currency

$ 14.215

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cryptoandcoffee

4M

Off Shore Banking - Protecting Funds And Crypto off Ramps

Off Shore Banking - Protecting Funds And Crypto off Ramps

Just under a year ago I received a notice stating my UK bank account was being closed for regulatory reasons. This was a complete shock and curve ball I was not expecting having had my UK bank account

cryptoandcoffee

5M

When You Know Your Currency Is That Bad

When You Know Your Currency Is That Bad

My daughter asked me today how much the value of HIVE is and being on or about $0.06c it is roughly R1 with the exchange rate fluctuating between R16.3 and R16.5 to the US Dollar so give or take $0.061c.

ekads

3d

From a Single Comment to Dozens of Victims: Fake Airdrop Scams on Hive

From a Single Comment to Dozens of Victims: Fake Airdrop Scams on Hive

A Hive user lost everything in minutes. I followed the trail to the attacker’s wallet and found dozens more victims. Here’s how to avoid being next.

cryptoandcoffee

6M

Revolut UK Bank Account Will Be Open In May

Revolut UK Bank Account Will Be Open In May

I was informed today that within the next 4 weeks my current Revolut Bank account will transform into a fully fledged UK bank account. This was totally unexpected when they informed us a couple of months

cryptoandcoffee

1y

Depreciating Buying Power

Depreciating Buying Power

source Inflation and currency depreciation is a real concern these days and I have noticed and felt the difference just in the last 18 months when travelling to the UK and around Europe. The purchasing

cryptoandcoffee

1y

Hedging Against Inflation And Depriciation - What Would You Do With $2 Million Dollars?

Hedging Against Inflation And Depriciation - What Would You Do With $2 Million Dollars?

source Asking For A Friend This evening I had a lengthy phone call with a very close friend who has just returned from a family holiday in Mauritius. His mother is fairly wealthy and was on holiday with

cryptoandcoffee

1y

True Value Of The Rand?

True Value Of The Rand?

I was reading an article today that pegged the true value of the Rand at R9 to the USD. The Rand is currently trading at R18.26 to the USD which is far better than the R20 we saw in the last couple of

curamax

1d

Goodbye October, Welcome November! My Amazing Month on Hive

Goodbye October, Welcome November! My Amazing Month on Hive

Bye bye October... Welcome November!!! That's the kind of vibe I'm getting lately from Snaps, Waves, Campfire, and Hive Town! :D Of course, there are plenty more platforms under the umbrella of Hive, but

cryptoandcoffee

2y

The Dissapearing Wealth

The Dissapearing Wealth

source Last month on February 3rd the Rand touched R19.03 to the Dollar and has since recovered some lost ground. I would rather say the Dollar lost some ground due to the tariff news and when the dollar

cryptoandcoffee

2y

The South African Rand In The Cross Hairs

The South African Rand In The Cross Hairs

source Over the last week we saw the South Africa Rand hit R19 against the $1 which represented a 3% loss due to Trump calling out SA's racial and foreign policies. The next US Ambassador for SA backed

cryptoandcoffee

2y

Reconnaissance Mission Algarve

Reconnaissance Mission Algarve

source I know a few of you have asked me why I am still living in South Africa when we know of all the problems the country has. Security and family safety is always a big worry here and I literally guard

cryptoandcoffee

2y

Petrol Prices Rising Again

Petrol Prices Rising Again

source Bad news as all this results in is every single item going up price as the country is so heavily reliant on road transport. Imported goods arriving at the Port of Durban are trucked into the interior

zainalbakri

HiveSuite Community

3d

When a Plate of Nutritious Food Brings Only Worry

When a Plate of Nutritious Food Brings Only Worry

SMP Negeri 4 Banda Aceh, Peunayong

Src There is something deeply ironic in reading news of schoolchildren needing medical care after eating meals from the Free Nutritious Meals Program (MBG). Designed to ensure Indonesia’s children get

cryptoandcoffee

2y

It Is Expensive Out There

It Is Expensive Out There

source The last time I travelled was way back in 2016 and even then things were considered expensive due to the exchange rates. It could be something like purchasing a simple coffee that is costing 2 or

cryptoandcoffee

2y

Thinking In Dollars

Thinking In Dollars

source Having been in crypto for over 6 years the one difference that I have noticed is I think in dollars and not Rand's which is our local currency. It is probably not that surprising because thinking

cryptoandcoffee

2y

Crypto Valued Against The Dollar Is A Life Saver

Crypto Valued Against The Dollar Is A Life Saver

source For those of us living in countries who have a stable high value currency like the USD, GBP or EURO this makes very little difference having crypto valued against the USD. If you lived in a country

cryptoandcoffee

3y

Knowing How To Purchase A Motor Vehicle At The Right Price

Knowing How To Purchase A Motor Vehicle At The Right Price

source Over the last few weeks my daughter has been discussing trading in their car and getting one of the newish Chinese brands. Let us be honest they seem to be everywhere now and are hard to miss and

zainalbakri

HiveSuite Community

4d

Waiting to Return: Life Amid the Floods of South Aceh

Waiting to Return: Life Amid the Floods of South Aceh

Trumon, Aceh selatan, Aceh, Indonesia

There are scenes that cannot always be told in numbers. Behind the reports of 53 flooded homes and 124 residents forced to evacuate due to floods in Trumon and Central Trumon Subdistricts, South Aceh Regency,

kenechukwu97

4y

Nigeria's economy is still facing a dip.

Nigeria's economy is still facing a dip.

On a trading and investment level, we already know that cryptocurrency is volatile. The good news though is that this wheel of volatility we see in Crypto can boost the value during a bull run. Those that

peterale

4y

ASK LEO: VOLATILITY!IS IT THE FACTOR THAT DETERMINES THE CRYPTOCURRENCY APPRECIATION AND DEPRECIATION?

ASK LEO: VOLATILITY!IS IT THE FACTOR THAT DETERMINES THE CRYPTOCURRENCY APPRECIATION AND DEPRECIATION?

Volatility of cryptocurrency is the process by which the rate of a or any cryptocurrency Investment has been appreciating or depreciating over a particular period of time. As a new Investor,one of the

talkdanny29

4y

TURKISH LIRA IN MUD

TURKISH LIRA IN MUD

In recent months, Turkey's troubled currency has plummeted to all-time lows versus the US dollar and the euro as President Recep Tayyip Erdogan pushes through with a widely panned plan to lower interest

alaiza

5y

From historical costs to product costs

From historical costs to product costs

I will continue with some points about the types of costs, for example historical costs, which are those incurred in a certain period, for example: costs of products sold, cost of production in process.