1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Great time for Indian Blackhatters

Discussion in 'BlackHat Lounge' started by Nirmal, Aug 22, 2013.

  1. Nirmal

    Nirmal Regular Member

    Joined:
    May 11, 2013
    Messages:
    293
    Likes Received:
    146
    Location:
    Australia
    Today Rupee sinks further to 65 per $... Was just wondering about the fortune of Indian Online earners.. Some of the economists of Deutsche Bank have made estimate of further depreciation of rupee to 70 per $. Yeah, no doubt worst time for economy but yes great time for our online experts :cool: Well my adsense check is too away from $100 :dontknow:
     
  2. KamBhai

    KamBhai Power Member

    Joined:
    Aug 13, 2010
    Messages:
    693
    Likes Received:
    599
    Gender:
    Male
    Occupation:
    IM
    Location:
    Sweet Home
    Yea.
    Its great who are earning in $ like us.
    But yeah if we think about our country then very bad :(
     
  3. tabish8612

    tabish8612 Power Member

    Joined:
    Sep 13, 2009
    Messages:
    504
    Likes Received:
    109
    Occupation:
    Online Marketing
    Location:
    In your home...COMPUTER
    I agree if dollar increases it benefits us but if we look overall it is very bad. Anyways I think Pakistani online earners having great time where dollar increases with rocket speed. When I start SEO it is Rs. 60 and now it is Rs. 103 and my economics teacher predicts dollar will hit somewhere near to Rs. 110 if America leaves Afghanistan in 2014
     
  4. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

    Joined:
    Sep 6, 2011
    Messages:
    1,249
    Likes Received:
    1,045
    Occupation:
    Digital Marketer
    Location:
    Bangkok, Thailand
    Dont be too excited mate. Your expenditure will also increase if you are spending in dollars(Hosting etc)..If not wait for the local prices to go up(Hint: Fuel). So the more you gain from it, you will lose equally.
     
    • Thanks Thanks x 4
  5. speed208

    speed208 Newbie

    Joined:
    Nov 28, 2012
    Messages:
    8
    Likes Received:
    6
    It is happening Really Bad....
     
  6. phracktl

    phracktl Regular Member

    Joined:
    Sep 2, 2012
    Messages:
    218
    Likes Received:
    152
    Your thinking in nominal terms when you should think about money only in real terms: the wealth effect.

    The west (the Fed) is exporting inflation to emerging markets. Your doing better than your compatriots who arent transacting in dollars and who will get shafted when inflation turns into price increases. But you're not making real gains against a general rise in domestic or international price levels. To do that you need speculative investments or to reinvest in your growing profitable business, avoiding the temptation of increasing discretionary spending on consumption.
     
  7. J-S-T

    J-S-T Jr. VIP Jr. VIP

    Joined:
    Jul 27, 2013
    Messages:
    1,135
    Likes Received:
    576
    Gender:
    Male
    Location:
    Fb and BHW
    Good for bloggers and Indian Online Earners, but Bad for our country.... We can only Hope for something good now.
     
  8. futurestunner

    futurestunner BANNED BANNED

    Joined:
    Dec 26, 2009
    Messages:
    1,532
    Likes Received:
    1,036
    This is what happening with me.
    All of sudden all my domain and hosting expired this month and 'm on overdue of these companies. :(