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Topic: Does anyone here get paid in Bitcoin? - page 3. (Read 2221 times)

hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
I haven't heard of many jobs which pay in Bitcoin that would be awesome. Unless Bitcoin suddenly become worthless and you would of put in a lot of work and lost a lot of money. but the moderators get paid a small amount for their duties.
legendary
Activity: 4410
Merit: 4788
I've been offered some freelance work (online marketing, google adwords, split testing etc) to be paid in bitcoin.

Does anyone here have experience with this? Do you sell the btc as soon as you receive it to pay for your rent, food etc. How do you deal with taxes? Would I have to pay capital gains tax and income tax?

Particularly interested in experiences in the UK.

UK is just income tax, so dont worry your head about capital gains. just look at your yearly income and if its more then your tax free allowance then yes you have to pay income tax.

usually though one off payments of small amounts under £100 are not really worried about, and with the new laws recently about how HMRC can only raid your account if you have alot of tax debt and atleast a few £k in savings, most of the time they wont do much.

newbie
Activity: 28
Merit: 0
May 31, 2014, 02:10:24 PM
#9
I don't have job right now but in few months i'm gonna start company and will take bitcoin, fiat and some altcurrencies.

But i have read blogs, news and forumposts about people that get paid with bitcoin (either full btc or some of it as btc with rest being fiat).

And if ever will work for somebody then i'll ask if i can take my paycheck in btc Smiley
legendary
Activity: 3766
Merit: 1217
May 31, 2014, 10:34:11 AM
#8
I am using Coinurl for some of my blogs, and earning money in Bitcoin for displaying their ads. My blogs are not hardcore porn, and it comes in the border-zone. Coinurl does not permit porn sites.  Grin
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
May 31, 2014, 10:03:38 AM
#7
Yes the site campaigns are doing payouts in btc which feels really nice. Smiley
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
May 31, 2014, 09:58:39 AM
#6
Only on signature space, but not in my day job. For now I prefer taking the conventional fiat pay cheque.

I've tried to sell this for bitcoins on marketplaces, but nobody shows any interest.

Till date online services & digital goods are preferred to be sold on bitcoin marketplaces and there is a reason behind this. PayPal offers chargeback protection on tangible goods. But for services/digital goods u may face chargeback while using fiat over PayPal. Hence Bitcoin is preferred in this case...

I mean I offer the option of paying in bitcoin for cash purchases in person when I sell items.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
May 31, 2014, 09:37:51 AM
#5
Only on signature space, but not in my day job. For now I prefer taking the conventional fiat pay cheque.

I've tried to sell this for bitcoins on marketplaces, but nobody shows any interest.

Till date online services & digital goods are preferred to be sold on bitcoin marketplaces and there is a reason behind this. PayPal offers chargeback protection on tangible goods. But for services/digital goods u may face chargeback while using fiat over PayPal. Hence Bitcoin is preferred in this case...
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
May 31, 2014, 09:25:15 AM
#4
Only on signature space, but not in my day job. For now I prefer taking the conventional fiat pay cheque.

I've tried to sell this for bitcoins on marketplaces, but nobody shows any interest.
full member
Activity: 196
Merit: 101
May 31, 2014, 09:06:32 AM
#3
I'm being payed for the signature rent, I'm holding all the little gain because of the current low value and the huge future potential btc has.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
May 31, 2014, 08:42:12 AM
#2
I've been offered some freelance work (online marketing, google adwords, split testing etc) to be paid in bitcoin.

Does anyone here have experience with this? Do you sell the btc as soon as you receive it to pay for your rent, food etc. How do you deal with taxes? Would I have to pay capital gains tax and income tax?

Particularly interested in experiences in the UK.

A lot of people here are paid in Bitcoin. You'll find different type of colorful signatures against their posts Wink

For me, I dont sell bitcoin. Its a medium of exchange for me. I mainly store it for future use and sometimes buy online services against it. If u listen to the first generation of bitcoiners, they'll tell u how they feel like encashing it once upon a time, when bitcoin was in 2 digit. Hold it, and u'll cherish when it'll be 4 or 5 digit down the line.
newbie
Activity: 9
Merit: 0
May 31, 2014, 08:14:40 AM
#1
I've been offered some freelance work (online marketing, google adwords, split testing etc) to be paid in bitcoin.

Does anyone here have experience with this? Do you sell the btc as soon as you receive it to pay for your rent, food etc. How do you deal with taxes? Would I have to pay capital gains tax and income tax?

Particularly interested in experiences in the UK.
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