BlackStorm
New member
Hey,
I dont know if many people have though about this, but the GBP (£) is now worth a lot more than the USD.
At the minute £1 = $1.81 and $1 = £0.55
I think this is making it a lot harder for not only hosts from the UK selling in $, but all other businesses.
The price of products and services outside the net, ie. in the countries using the $ and £ have not changed.
This means that charging in $ on the net is now worth a lot less to anyone from the UK, but still just the same for anyone from the US.
Its a lot better for anyone buying on the internet from the UK and paying by $ but for those running a business on the net, its starting to lose a lot of its appeal.
I know its a lot harder for me now, unless I am buying and selling in $, which I can only do on the net.
The money I make from the net has gone gone by quite a lot, its a lot of money lost when you try make a living from the net.
I have been considering charging in £ recently because its a lot more stable, but this would mean a lot of people from the states would considering me to be overcharging, which is may well be for their country, but it would still be a normal price for me to pay for something here.
This means if someone buys an account which is $10 and pays through paypal, this is what a UK host would expect:
$10 - $0.30 and 2.9% paypal fees
That leaves $9.41
$9.41 = £5.18
£5.18 is really nothing in the UK, the minimum wage for a 22 year old and over is £4.50 (£4.85 in October 2004)
Just so you know how much things cost in Ireland anyway:
2 litre bottle of coke/fanta/sprite etc. : £1.30
512k cable connection: £30/monthly
Bar of chocolate: £0.40
1 litre of petrol: £0.80 (compared to around £0.25 in the US)
Vodka and red bull out anywhere..: £4.80
Thats just so you have an idea of the cost of various things here.
When you count up all the costs, software, servers, support etc etc it really doesnt add up to much at the end when taking the money out in GBP
I think if hosts from the UK were living in the US, they would live a better and higher quality of life for the same amount of money they are making.
I thought thought I would point this out to anyone that hasnt thought about it because I think the strong £ is making things worse and worse...
Come on people, get that $ up compared to the £!!!
I dont know if many people have though about this, but the GBP (£) is now worth a lot more than the USD.
At the minute £1 = $1.81 and $1 = £0.55
I think this is making it a lot harder for not only hosts from the UK selling in $, but all other businesses.
The price of products and services outside the net, ie. in the countries using the $ and £ have not changed.
This means that charging in $ on the net is now worth a lot less to anyone from the UK, but still just the same for anyone from the US.
Its a lot better for anyone buying on the internet from the UK and paying by $ but for those running a business on the net, its starting to lose a lot of its appeal.
I know its a lot harder for me now, unless I am buying and selling in $, which I can only do on the net.
The money I make from the net has gone gone by quite a lot, its a lot of money lost when you try make a living from the net.
I have been considering charging in £ recently because its a lot more stable, but this would mean a lot of people from the states would considering me to be overcharging, which is may well be for their country, but it would still be a normal price for me to pay for something here.
This means if someone buys an account which is $10 and pays through paypal, this is what a UK host would expect:
$10 - $0.30 and 2.9% paypal fees
That leaves $9.41
$9.41 = £5.18
£5.18 is really nothing in the UK, the minimum wage for a 22 year old and over is £4.50 (£4.85 in October 2004)
Just so you know how much things cost in Ireland anyway:
2 litre bottle of coke/fanta/sprite etc. : £1.30
512k cable connection: £30/monthly
Bar of chocolate: £0.40
1 litre of petrol: £0.80 (compared to around £0.25 in the US)
Vodka and red bull out anywhere..: £4.80
Thats just so you have an idea of the cost of various things here.
When you count up all the costs, software, servers, support etc etc it really doesnt add up to much at the end when taking the money out in GBP
I think if hosts from the UK were living in the US, they would live a better and higher quality of life for the same amount of money they are making.
I thought thought I would point this out to anyone that hasnt thought about it because I think the strong £ is making things worse and worse...
Come on people, get that $ up compared to the £!!!
