Topic: I did not understand something with the Bitcoin - page 2. (Read 3646 times)
That's the problem with bitcoin that the prices aren't stable and too much volatile but I guess that's only until the bitcoin isn't established as a widely accepted currency once it becomes a widely accepted currency it would be a complete different scenario.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
I think you should keep a little bit of money in fiat for this very reason otherwise you must just wait for the value to increase. Also check how well your local currency is doing , sometimes even if bitcoin went down in $ the $ could be stronger so you get more in your local currency. This is just a smaller margin though.
Right and I think none of us are already earning purely in bitcoin. So even if the price erratically move, we can just wait for it to go back up or at least at the right price. There is not much we can do about it. We just have to wait until the time when bitcoin is not fluctuating too much.
I don't understand why you don't understand this simple matter. If your local currency's value were to depreciate, what would you do? Well, you can't do anything. Maybe work harder to regain your losses and try to sustain yourself.
This is why you dont get paid 100% in bitcoin. I only get paid in bitcoin for what I like doing, as a hobby.
This is why you dont get paid 100% in bitcoin. I only get paid in bitcoin for what I like doing, as a hobby.
Bitcoin is revolutionary and has unique Blockchain technology backing, getting paid with bitcoin is not found much just because of its volatile nature. Recently in an article read a group of around 100 farmers in Indonesia getting paid in terms of bitcoin for the ease of transaction and fee. But others who consider volatility as an issue can get a portion of the salary in terms of bitcoin. So that even volatility won't affect price variation on converting to fiat.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
allcurrency have risk not only bitcoin , if the price of bitcoin decrease i'll waiting until price of bitcoin increase If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
You just need to understand and many do it
Since bitcoin is still in evolution process, there is always risk associated with it. You should only invest the amount which you can afford to lose otherwise you can ask for payment in bitcoin (because it’s cheaper on international level as compared to wire) and then you can convert it to fiat currency. If you are keeping your money in bitcoin without any faith in it then it is none other than a pure gamble.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
allcurrency have risk not only bitcoin , if the price of bitcoin decrease i'll waiting until price of bitcoin increase If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
You just need to understand and many do it
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
I think you should keep a little bit of money in fiat for this very reason otherwise you must just wait for the value to increase. Also check how well your local currency is doing , sometimes even if bitcoin went down in $ the $ could be stronger so you get more in your local currency. This is just a smaller margin though.
Well, my power will still be confident on bitcoin, salary given to me anyway as what is promised in the beginning, because at this point I do not care about the price of bitcoin. trust bitcoin, that someday will be a tool bitcoin transactions that have the highest value in all grades transaction tool ever
You just need to take Bitkoin when the price is rising. 
I prefer to buy bitcoin now and sell it later when it become more popular and that is best strategy to earn a lot of money but only big money is good to put like that.
Our thoughts are same, i'm thinking with that strategy also. Though, you really need capital but it is worth it when time comes. 
I prefer to buy bitcoin now and sell it later when it become more popular and that is best strategy to earn a lot of money but only big money is good to put like that.
The fact that bitcoin's price fluctuates dramatically is something that we have to accept and live on with when we join this bitcoin world so if it goes down, all we can do is earn more and more bitcoin because it's easy to get a big amount of bitcoin when its price drops. And one more thing is that we need to patiently wait till it rise again then what we get will be high profit 
the only avalible chooice for everyone at this situation is waiting till the price can climb again like it was when he or she got payed but one thing more effects on this at currents is brokers or traders fees.its actully an way to loss the small part of money but nobody have any choice
Of course there would always be the option to convert the bitcoins into fiat as soon as they arrive on your wallet.
The transfer time onto the wallet does not take very long, nore does converting it into fiat at an exchange.
That way you would be on the safe side, if you consider fiat to be the safe side.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
I will just going to keep on holding if that happened and I don't have choice but to wait again for the right price to sell it. Because I am not going to be satisfied if the price of bitcoin will decrease from the exact price it used to be. We all know that bitcoin is risky because it is decentralized and doesn't have exact value at all.
the only avalible chooice for everyone at this situation is waiting till the price can climb again like it was when he or she got payed but one thing more effects on this at currents is brokers or traders fees.its actully an way to loss the small part of money but nobody have any choice
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
First thing, we all know about bitcoin volatility before we accept a job that pay in bitcoin. It is unusual to accept bitcoin as payment if you don't know about it. So the fact that the possibility that bitcoin will decline in price is the things we are aware of. But the beauty of bitcoin is that there is more chance that it will increase rather than decrease because of it getting popular each day and the fact that only some percentage of the world population is using it then the room for bitcoin to grow is very huge.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
For today get salary in bitcoin is high risk because of fluctuating of price and bitcoin is still new in the world although it is revolutionary and bitcoin's price is not stable. In my opinion wait until bitcoin's price is stable then use it for making salary in bitcoin. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
well users of bitcoin know whats happening after all its btc doesnt have a stable value . its your choice weather to sell it or not but remember that patience is a virtue .
and any invest has risk!
and any invest has risk!
everithing you do in life carries some kind of a risk,bitcoin is nothing different
there is no guarantee that bitcoin price doesn't drop to 100$ tomorrow same as there is no guarantee that you
won't get hit by a giant meteorite while taking a shit somewhere in the fields
but you have to evaluate the risks and act accordingly
there is no guarantee that bitcoin price doesn't drop to 100$ tomorrow same as there is no guarantee that you
won't get hit by a giant meteorite while taking a shit somewhere in the fields
but you have to evaluate the risks and act accordingly
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
You have a reason, Payment with bitcoin is risky If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
But it's like gambling, Maybe it grow up fastly and you win more, in other way it falls.
but you can save it until bitcoin increase more than when you are been paid.
You should get some risk.
Jump to: