one2one Posted March 12, 2018 Report Share Posted March 12, 2018 invested for 6 years and the value stays the same 1/10 of a cent-- right now i would like a one cent RV. what say you ? 3 1 Quote Link to comment Share on other sites More sharing options...
rissas dad Posted March 12, 2018 Report Share Posted March 12, 2018 (edited) 6Yrs, pish posh.....its up to each individual based on their own needs if a penny would help. Me, i would be thrilled beyond words if it moved to a penny. That indicates movement, right? I wouldnt hand over any dinar for a penny. Too much room to grow, imo. But i think everbodys hair would be on fire at a penny, cause of what it means, not just that penny value. Edited March 12, 2018 by rissas dad 1 4 Quote Link to comment Share on other sites More sharing options...
rayh56 Posted March 13, 2018 Report Share Posted March 13, 2018 I'd to see it go to a penny. Not that i would cash any out, but at least it would be moving in our direction. And I'm sure it would keep going. 4 Quote Link to comment Share on other sites More sharing options...
murd11 Posted March 13, 2018 Report Share Posted March 13, 2018 You never know. It could come out at a penny with a 1 month payout window, then you are forced. Then the banks will take their cut. Then perhaps the government takes their tax cut. Then you are back to a 1/10th of a cent again. you just never know,eh 2 2 Quote Link to comment Share on other sites More sharing options...
rissas dad Posted March 13, 2018 Report Share Posted March 13, 2018 (edited) 7 hours ago, murd11 said: You never know. It could come out at a penny with a 1 month payout window, then you are forced. Then the banks will take their cut. Then perhaps the government takes their tax cut. Then you are back to a 1/10th of a cent again. you just never know,eh I dont think your scenario will occur, but I am expecting some sort of counter-move once a change occurs. I fully expect once the rate changes, it may move gradually upward then at some point a "sharpish" downturn to shake those investors with weaker constitutions to take the bait and bail. There's just too much money to be made by those in the know to allow us small-timers to reap the maximum benefit of this. They will try to shake some off the vine. Edited March 13, 2018 by rissas dad 1 1 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted March 24, 2018 Report Share Posted March 24, 2018 (edited) On 3/13/2018 at 12:27 AM, murd11 said: You never know. It could come out at a penny with a 1 month payout window, then you are forced. Then the banks will take their cut. Then perhaps the government takes their tax cut. Then you are back to a 1/10th of a cent again. you just never know,eh Venezuela’s President Nicolas Maduro ordered a re-denomination of the ailing bolivar currency on Thursday, by knocking three zeroes off amid hyperinflation and a crippling economic crisis. ----- The measure to divide the so-called bolivar fuerte - or “strong bolivar” - currency by 1,000 { this sure has a lot of what we talk about mixed in it , zero`s off , and divided the bolivar , 1000 bolivar too 1 bolivar ...... ( The move illustrates the collapse of the bolivar, which has fallen 99.99 percent against the U.S. dollar on the black market since Maduro came to power in April 2013. A $100 purchase of bolivars then would now be worth just a single U.S. cent .o1 cent ) Edited March 24, 2018 by jeepguy 1 Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted March 24, 2018 Report Share Posted March 24, 2018 Yeah, buddy, those Commies really know how the govern!! 1 Quote Link to comment Share on other sites More sharing options...
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