I used to like being paid by constant BTC value because I planned to just hold instead of spending it. Now that I often sell my BTC (and BTC value is kinda tanking lol) I think I like it to be pegged to USD as it will give you a rather consistent income stream, especially in times like this when BTC can easily swing from $11K - $7K range.
I guess the answer will mostly depend on what you're planning to do with the payment: if you plan to hold it as BTC, BTC payment would be great. But if you want to sell it to fiat or spend it then USD-peg payment would be favorable.
Topic: How do you like your sig campaign payments. USD vs. BTC (Read 952 times)
It's nice to be paid with BTC now because the price is affordable, but if BTC suddenly increases to $ 20-30k, I think the campaign will end quickly because their budget has exploded.
The campaign will end if the budget (fund) is already finished. Have you see when there is new signature campaign appear then the funds was gave to the escrow? Which mean developer has gave money/btc to run signature campaign for x weeks with x funds. Unless, the developer give money fiat and the campaign participant was paid in btc so the reason as you thinking it could be right. 
It's nice to be paid with BTC now because the price is affordable, but if BTC suddenly increases to $ 20-30k, I think the campaign will end quickly because their budget has exploded.
I'm not talking about the budget capabilities of the campaign team concerned, but if the team wants long-term resilience that is planned, USD is the solution.
I'm not talking about the budget capabilities of the campaign team concerned, but if the team wants long-term resilience that is planned, USD is the solution.
I noticed that 98% member commenting on this topic are signature hunters paid BTC.. Personally I prefer a signature campaign with paid Bitcoin than USD, although sometimes the rate changes, it doesn't matter to me.
It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
I think the same as you.. I'm sure the Bitcoin that I get, its value will increase over time.Probably 100% will favor btc payment as its price will grow exponentially over time and every one joining btc paid knows this. I can choose USD payment as well but I dont think they will offer it here( maybe few not sure). We dont know when the price of btc can go up and down but signature participants can benefited from holding it. All of my btc coming from sig camp are well keep and will only cash out it in due time.
that's one of the reasons to prefer bitcoin, I don't make withdrawals every week. Pay with Bitcoin for long-term investment or collect as much bitcoin as possible from a signature campaign. we don't have a problem with change, because actually we will never lose, and I'm sure the long-term bitcoin will always increase and it's the right time for me to sell everything.
I noticed that 98% member commenting on this topic are signature hunters paid BTC.. Personally I prefer a signature campaign with paid Bitcoin than USD, although sometimes the rate changes, it doesn't matter to me.
It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
I think the same as you.. I'm sure the Bitcoin that I get, its value will increase over time.Probably 100% will favor btc payment as its price will grow exponentially over time and every one joining btc paid knows this. I can choose USD payment as well but I dont think they will offer it here( maybe few not sure). We dont know when the price of btc can go up and down but signature participants can benefited from holding it. All of my btc coming from sig camp are well keep and will only cash out it in due time.
I suggest not only you everyone to prefer the BTC payment. USD price will never change at the time of price dump we may agree USD but always BTC is the best choice for everyone.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
This thread isn't about USD payment which would be not too far off impossible. It's about whether you want a USD peg.
I'm sure the uptake for something paid in USD would be upsettingly high. Ain't gonna happen though.
It seems most people who posted and voted here don't get it because there's more than twice as many votes for BTC.
USD peg is just better in every aspect because when the price is in an uptrend you can hold your payments and still profit. The only downside is that you can't convert at the time of payment but wait for a few days or weeks. In a downtrend you can sell after receiving it and always get the same amount despite Bitcoin being worth less every week.
I think most people understood that, they just didn't mention it in their posts.
I wrote earlier that I prefer rates to be set in BTC, because this is a BTC forum and not USD.
When it comes to rates adjustment, I also wrote about it earlier that the campaign budget is usually set in fiat money, so in the case of a large change in price the rates are adjusted by the campaign owner anyway, so it does not matter in the long run.
I suggest not only you everyone to prefer the BTC payment. USD price will never change at the time of price dump we may agree USD but always BTC is the best choice for everyone.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
This thread isn't about USD payment which would be not too far off impossible. It's about whether you want a USD peg.
I'm sure the uptake for something paid in USD would be upsettingly high. Ain't gonna happen though.
It seems most people who posted and voted here don't get it because there's more than twice as many votes for BTC.
USD peg is just better in every aspect because when the price is in an uptrend you can hold your payments and still profit. The only downside is that you can't convert at the time of payment but wait for a few days or weeks. In a downtrend you can sell after receiving it and always get the same amount despite Bitcoin being worth less every week.
Also the pool results shows that only 6 people have voted for the favor of USD till now.
Many people don't understand USD means, fixed USD value which converted into btc at the time of payment so they simply pick BTC as their choice. 
Okay, let's come into the conclusion whichever pay is high then people will prefer it.
There are advantages though which tied up on the movement of btc price.If its usd fixed then you can either
receive more or less depending on the price when payout does happen.Unlike on btc fix where it will always
differ on usd value depending on the price of that moment.So either way you'll still receive btc. lol
Also the pool results shows that only 6 people have voted for the favor of USD till now.
Many people don't understand USD means, fixed USD value which converted into btc at the time of payment so they simply pick BTC as their choice. Okay, let's come into the conclusion whichever pay is high then people will prefer it.
I don't really understand what this discussion is for!
This is a Bitcoin forum, not a USD forum, right?
Payments should always be in Bitcoin or in other cryptocurrencies (centralized tokens are not cryptocurrency!
)
And now to calm everyone down. Always, with big price changes, the rates per post or per week were adjusted, so it really doesn't matter. (Camapaign owner almost always prepare budget based on fiat, so behind the curtain it is adjusted anyway)
But when it comes to rules, in my opinion we should stay only with BTC.
This is a Bitcoin forum, not a USD forum, right?
Payments should always be in Bitcoin or in other cryptocurrencies (centralized tokens are not cryptocurrency!
)And now to calm everyone down. Always, with big price changes, the rates per post or per week were adjusted, so it really doesn't matter. (Camapaign owner almost always prepare budget based on fiat, so behind the curtain it is adjusted anyway)
But when it comes to rules, in my opinion we should stay only with BTC.
Since the bitcoin price is not stable and in most cases it increases, the companies prefer to pay in USD (converted to btc), so their budget is not disturbed by the bitcoin instability. However, the signature campaigns participants including myself prefer to get payment in BTC.
Also the pool results shows that only 6 people have voted for the favor of USD till now.
I don't really understand what this discussion is for!
This is a Bitcoin forum, not a USD forum, right?
Payments should always be in Bitcoin or in other cryptocurrencies (centralized tokens are not cryptocurrency! )
And now to calm everyone down. Always, with big price changes, the rates per post or per week were adjusted, so it really doesn't matter. (Camapaign owner almost always prepare budget based on fiat, so behind the curtain it is adjusted anyway)
But when it comes to rules, in my opinion we should stay only with BTC.
This is a Bitcoin forum, not a USD forum, right?
Payments should always be in Bitcoin or in other cryptocurrencies (centralized tokens are not cryptocurrency!
)And now to calm everyone down. Always, with big price changes, the rates per post or per week were adjusted, so it really doesn't matter. (Camapaign owner almost always prepare budget based on fiat, so behind the curtain it is adjusted anyway)
But when it comes to rules, in my opinion we should stay only with BTC.
I prefer receiving my payment in BTC. Its true sometimes that btc is volatile and can fluctuate but stil yet on the other hand its also likely to pump also giving you addional dollar once it pumps. Couple with the fact that i trade BTC also, it will.be much easier for me that once i receive my signature payment in BTC i easily have to set my trade target without necessarily having to go through the stress of converting my usdt to fait before trading
I suggest not only you everyone to prefer the BTC payment. USD price will never change at the time of price dump we may agree USD but always BTC is the best choice for everyone.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
This thread isn't about USD payment which would be not too far off impossible. It's about whether you want a USD peg.
I'm sure the uptake for something paid in USD would be upsettingly high. Ain't gonna happen though.
I noticed that 98% member commenting on this topic are signature hunters paid BTC.. Personally I prefer a signature campaign with paid Bitcoin than USD, although sometimes the rate changes, it doesn't matter to me.
It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
I think the same as you.. I'm sure the Bitcoin that I get, its value will increase over time.I suggest not only you everyone to prefer the BTC payment. USD price will never change at the time of price dump we may agree USD but always BTC is the best choice for everyone.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
I noticed that 98% member commenting on this topic are signature hunters paid BTC.. Personally I prefer a signature campaign with paid Bitcoin than USD, although sometimes the rate changes, it doesn't matter to me.
It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
I think the same as you.. I'm sure the Bitcoin that I get, its value will increase over time. From what I see, the campaigns that pay in dollars are casinos and gambling sites, while the campaigns that pay in btc are mixer and exchange. I think the explanation is because thy have more customers who make deposits in dollars. so it's easier for these sites to pay in dollars, while the exchange and mixer that has customers who deposit bitcoins makes it easier to pay in bitcoin for sign campaign participants
Which crypto casino accepts payment in Dollars? None in my view. I recently used Playbetr and it uses Dollar as the site currency but still deposits/withdrawals are done in cryptocurrencies. Site converts the amount to dollars at the time of deposit and withdrawal.
On the contrary, I think casinos require bigger crypto reserves than exchanges or mixer since they have bankroll to maintain.
The only reason why I think some campaigns pay in dollars is because they want to maintain the expenditures at fix rate which is not possible due to high volatility of Bitcoin. So for campaigns which have established businesses and running long, it is easy to pay in dollars for the maintenance of books.
I particularly have no problem receiving in dollar or bitcoin
Actually I do. Receiving campaign payments in dollar equivalent deprives participants to make profits from compounding effect.
I don't mind if they use one of these two types of payments, I also see from the distribution team's point of view that if the BTC goes up sharply, they will make sudden calculations to keep it smooth in payment. in this case it is better to use USD rather than reduce the nominal payment of BTC participants, unless they do have other reasons. it is only intended for efficiency.
its surprising that most people here still choose btc just by basing on the poll . i thought everyone is complaining about the volatility of btc ? i even saw some complaints that people protest to be paid in a usd rate rather than btc during the continous decline happened . for me i would also prefer to be payed by a usd rates but as long as the manager or the campaign owner wont cheap us . the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .
Volatility is not always a negative factor. If you were receiving $100 per week in January for a total of one month and you wanted to sell it today, not too long, just 11 months of HODLing you would get more than double the amount of USD you were paid. And I stretched the timeframe a bit too much, even if you just look at the last few weeks when BTC suddenly reached $10k, you were still profiting off of your October signature campaign payments.
the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .
Sometimes you win, sometimes you lose if your campaign payout is set up that way. But you shouldn't be surprised that people prefer BTC over FIAT, this is a cryptocurrency forum, and many users just hold what they earn for long-term.
It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
its surprising that most people here still choose btc just by basing on the poll . i thought everyone is complaining about the volatility of btc ? i even saw some complaints that people protest to be paid in a usd rate rather than btc during the continous decline happened . for me i would also prefer to be payed by a usd rates but as long as the manager or the campaign owner wont cheap us . the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .
We're on Bitcointalk, of course the results are biased!
Well, the volatility is pretty much paper loss. Even if it hits rock bottom, nothing will happen as long as we don't sell it.
On the otherhand, upward spikes keep us hyped too.
Jump to: