Topic: I did not understand something with the Bitcoin - page 5. (Read 3646 times)
Getting paid in fiat in my opinion is more risky. Just look at what happened with other currencies like the Zimbabwean dollar and also what happened in Cyprus, when the banks took the saving of the people in their bank accounts. At least with Bitcoin, only you have access to that money, and nobody can take it away from you, or manipulate it's supply, like it suites them. ^smile^
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?
There is this thing called speculation.If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Some people understand it and are willing to bet that BTC will be of value in the future. They already understand the risks and are willing to take it.
Some people don't want to take the risk.
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?
Take the loss and accept and know that BitCoin is Volatile. I get paid every Friday in bitcoin, and since last Friday, i'm down a bit, but that's the cost of me accepting to be paid in bitcoin in the first place. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
more people should do that though. the more people that treat bitcoin as a real currency, the more it'll be a real currency.
id say 90% of bitcoin users treat it as an investment... not a currency.
I'm just curious though as to how you do it, do you have a family, like people who depend on you financially? Do you pay bills/rent etc every month? I'm asking because I know I would be stressed out of my mind if I couldn't plan my budget because of Bitcoin volatility. Unless of course I'm making so much money that even if Bitcoin drops by half, I'm still okay.
If you live by yourself, it's not that big a deal but if you have kids to feed it's a different story.
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?
Take the loss and accept and know that BitCoin is Volatile. I get paid every Friday in bitcoin, and since last Friday, i'm down a bit, but that's the cost of me accepting to be paid in bitcoin in the first place. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
more people should do that though. the more people that treat bitcoin as a real currency, the more it'll be a real currency.
id say 90% of bitcoin users treat it as an investment... not a currency.
In my local wallet there is no worries to bitcoin wallet. 2 wallet are available local currency and bitcoin. So if yoi worried about volatility of bitcoin you can change it any time.
Basically, if you are a beginner in bitcoin there so many things that you cannot catch up so easily. But the very basic about this matter
is just monitor the price of Bitcoins if increasing or decreasing, if the price goes up that's the right for you to trade then when it goes down the price that's the right for you to wait and hold and then buy Bitcoins.
is just monitor the price of Bitcoins if increasing or decreasing, if the price goes up that's the right for you to trade then when it goes down the price that's the right for you to wait and hold and then buy Bitcoins.
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?
I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. 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 this is a currency, others currency will never exchange with this currency. I have an example for you guys, like 2 months before you can buy an apple using 1 BTC but now later 2 months you can buy 2 apple using 1 BTC. So why others currency will be exchanged with BTC?
Others currency have no fluctuations like this skyrocket or decrease. We need stable bitcoin price like others currency. Otherwise we will hear again like we heard at the end of 2013.
Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.
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 wouldn`t do anything.I would just wait for the price to do up again.
If you are too afraid of price decrease,just trade your btc for USD after you get them.
If you know what you are doing,the risk is small...
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?
yes of course would be a loss not if there is such a thing, then I think bitcoin can not be a tool for someone's payroll. And if they do it to happen to me, of course I do not want to be paid with bitcoin. sometimes the old ways better with fiat money. Thank you
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?
Well if you open history books you will see something called "inflation" and there you will see what happen in some country when that happen. Its nothing new, its risk we all take everyday. In some countries its normal thing, living in fear that tomorrow you money will not worth enough to buy bread. Maybe its sounds scary, but its true. Check around google for that, don't use internet just for fun. Learn something and then try to start some conversation about 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?
If you are concerned about volatility and wish not to speculate, you can exchange the bitcoin for fiat. Just remember to never risk any more in fiat than you are willing to lose.
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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 .
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?
I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Bitcoin is just like life, sometimes it fall, sometimes it rise. If the bitcoin falls down, then, there is also a time for rising. You just need to wait.
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 me they are just relaying in the present price of bitcoin if you receive you can convert it into usd if you really dont what to take a risk.. but for me its better to holding it because bitcoin has a potencial to grow faster we already tested it because these week we already seen the price from 500 value to 600 and 600 value to 700.. this is because of block halving and bitcoins is in demand in chinese market.. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
So we are making a profits already.. and i think it will increase more after block halving.
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?
Hmm i think when the price of bitcoin decreases my payment also will adjust from it. I mean the payment rate also will increase . Usually the payment is amount of dollars in bitcoin. So i don't worry when bitcoin prices is goes down.
But it will be better when that prices always up
But the real question is, why wouldn't you convert your wages to fiat instantly? Why wouldn't your employer check the valuation of bitcoin to usd, before paying you?
I personally wouldn't accept any constant amount of btc, as a wage.
I personally wouldn't accept any constant amount of btc, as a wage.
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?
What would you do? Well, that's easy to explain.
You would lose a bunch of money from your paycheck. If the loss was bad enough you might not be able to pay all your bills.
What is your opinion on that?
You'd have to have shit for brains to get paid in only bitcoins unless you don't really need the money. I wonder what the percentage of people that just work for fun is?
In that regard Bitcoin is no different than any other currency. For example if you are paid in Euro but live in the US the same problem might arise, because the currency you use for your daily purchases is the USD. The exchange rates of currencies fluctuate. That's actually quite easy to understand.
Your problem can only be resolved by eliminating any conversion and fiat valuation process in regard to Bitcoin. That will only happen when bitcoin becomes a dominant currency for payments, with all prices quoted only in BTC without any fiat reference. In the meantime it's worth to take the risk if you are lucky to be paid in BTC and have some fiat saved up for a rainy day just in case. Bitcoin's buying power is much more likely to increase than decrease in the long term, because Bitcoin's overall supply is limited and it is not subject to the destructive policy of central banks.
ya.ya.yo!
Your problem can only be resolved by eliminating any conversion and fiat valuation process in regard to Bitcoin. That will only happen when bitcoin becomes a dominant currency for payments, with all prices quoted only in BTC without any fiat reference. In the meantime it's worth to take the risk if you are lucky to be paid in BTC and have some fiat saved up for a rainy day just in case. Bitcoin's buying power is much more likely to increase than decrease in the long term, because Bitcoin's overall supply is limited and it is not subject to the destructive policy of central banks.
ya.ya.yo!
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?
Maybe, if bitcoin gets halving and at the same time we get paid in BTC the main this must we take is holding your btc. and wait until the price is rising don't be a panic selling on yourself. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
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