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Topic: Will we ever see players transfer paid with bitcoin ??! - page 3. (Read 890 times)

copper member
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I don't know if the franchise meaning the team would be utilizing Bitcoin as the currency that they are going to pay for players, especially the sports people. I think it is more ideal for the E-Sports gaming atmosphere that would utilize Bitcoin as a mode of payment for them or a salary of some sorts.
sr. member
Activity: 336
Merit: 250
I think this is a bit ambitious. Paying such big transfer amount of money with bitcoin is still hard to achieve for now. Bitcoin is still not popular enough. Some people still have a bad idea about bitcoin. They think it's a currency used for criminal activities.
To pay such huge amount of money with bitcoin is still a fantasy for now, maybe if there is a will to achieve that, we will see it becoming a reality.
legendary
Activity: 2044
Merit: 1008
If such a thing ever happens, then I am 100% sure that it will happen in Japan. Because Japan is the only economic super-power which has fully recognized and legalized Bitcoins. In any other country, the payment in Bitcoin will involve a lot of hassles and tax-related complexities. I am not saying that Japan is perfect. But right now, it is the best option we got.
full member
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It is an interesting concept and I'm sure at some point we will see a transfer paid in crypto it would be great for publicity. There would be a few barriers in the way tho such as tax and bitcoin would have to be used mainstream. 
I think it looks like a very distant so far any club or sporting boards hasn't used or think off about the use of bitcoin, in future if it has to happen means first bitcoin should be accepted by all the countries and recognition should be given to the bitcoin as of now bitcoin is not official in many places.
sr. member
Activity: 441
Merit: 250
From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?


Haha Still a dream. But for this to happen first teams must get their  earnings in BTC because think like one day they decide to convert their fiat into btc and the very next day price of bitcoin falls. Teams will end up spending much more btc to buy players. But yes with advent of blockchain we might even see an all together new cryptocurrency which would empower the game of football.
sr. member
Activity: 504
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It is an interesting concept and I'm sure at some point we will see a transfer paid in crypto it would be great for publicity. There would be a few barriers in the way tho such as tax and bitcoin would have to be used mainstream. 
full member
Activity: 291
Merit: 119
We will certainly see players being paid with bitcoins in future. Bitcoins are gaining popularity, and value is being gained in recent period to a large extent.
Bitcoin have been a major revolution in economics in recent period and people are slowly accepting it marginally everywhere.

So we can very much say that bitcoins will be accepted and given as payments and transfers for players. It will actually be liked and enjoyed by the players themselves because what they win automatically becomes investment.
sr. member
Activity: 476
Merit: 259
We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.

First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin.
Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !

You forgot to consider that the player has to pay tax for the transfer, which means that bitcoin has to be legal in the origin country+destination country in order for the transfer to be legal.

Also the voltality does matter.
The player has to pay a lot of things and he stays with a signicifently smaller amount then he should be receiving, if the bitcoin price decreases, he may stay with nothing or even may stay in a minus.

It is impossible to make player transfers in bitcoin  until the price will become stable at some level.
sr. member
Activity: 756
Merit: 251
Yes. Its possible especially for those who have bitcoin wallets. Its will be convenient for them to pay in every gambling games they play. I think its happening now especially for those playing online. If both parties have the same payment method then it can be done. As to its legalities then it should be regularized. The authorities should come up regulations for this matter since it is existing already.
legendary
Activity: 1456
Merit: 1023
We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.

First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin.
Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !
the legality of bitcoin still debatable currently but still possible to bitcoin being legal for major countries but in my view volatility still being the main problem to transfer players use bitcoin and as far as i know there is no steady price for bitcoin so this is might be slightly hard


If governments are allowed to do these kinds of transactions then I think it is possible because governments take taxes on these money transactions but as of now with bitcoin transactions, it is not possible. If governments regulate bitcoin transactions then it may possible in the future but may not be so soon.
member
Activity: 476
Merit: 11
We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.

First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin.
Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !

You're right dude, as long as both side have an agreement about to transfer a bitcoin which need a bitcoin address in terms of payments. Also, gain trust to each other so that it will continue to next game or next event that they playing. I believed that in the future this kind of transaction as the bitcoin is set as mode of payments like on buying in the department stores which you just pay by transferring your bitcoin as what players did having a great and agreement of each other.
legendary
Activity: 2898
Merit: 1006
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.

First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin.
Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !
the legality of bitcoin still debatable currently but still possible to bitcoin being legal for major countries but in my view volatility still being the main problem to transfer players use bitcoin and as far as i know there is no steady price for bitcoin so this is might be slightly hard
full member
Activity: 308
Merit: 120
We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.

First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin.
Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !
full member
Activity: 210
Merit: 100
We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.
full member
Activity: 434
Merit: 105
Actually, yes it's possible to transfer paid with bitcoin. I believed that each of us in bitcoin community has a an online wallet that served as our own wallet to transfer our rewards here. Just the same when playing gambling to those players have also an online wallet that enable to transfer bitcoin to another wallet but before that there should have an agreement on particular amount of bitcoin. Also, having trust to both side by transferring the bitcoin via online treansaction. I believed someday that most of us will used this kind of agreement, transferring each other bitcoin especially on urgent time that we need a fiats.
member
Activity: 516
Merit: 38
From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?


It is unlikely that it will happen, bitcoin isn't that popular yet and it will take a lot of time until bitcoin is used as a payment option for big money transaction because the volatility is too risky for that kind of money.

It might be unlikely, but that's not because Bitcoin isn't popular enough. Heck even my parents are talking about Bitcoin and it has been in the mainstream news for years now.
I just don't see a reason for clubs to pay their players in Bitcoin if they can just use fiat.

They probably don't want to spend the time, effort and money to figure out how to pay their players in Bitcoin, especially if there isn't a demand for it by the players themselves.
Then there's all the legal aspects that need to be figured out, just seems too much trouble for them tbh.
I think it is a good idea that players are paid with bitcoin. By this way bitcoin will gain its popularity in those communities who don’t know anything about bitcoin. If this continuous for some time the entire world will come to know about bitcoin. By this way bitcoin will hold the market in a very short time. But for this every player should have a bitcoin wallet and also able to use it. The world is gradually turning towards digital currency.
sr. member
Activity: 700
Merit: 250
It is possible however it does need a very deep and serious plan so the owners can probably think of a new way of paying players in bitcoin, I think that would be a great idea however it would need a huge amount to invest in too.
full member
Activity: 308
Merit: 120
Lol. That would mean big franchises would be seriously dealing with btc. I don't that happening anytime soon if it's its even going to happen at all. And there should also be agreements for two parties so managers would have to both agree for this to happen

Of course there must be an agreement on the both sides, otherwise the transfer will not take place, even if it has taken place, the amount transferred can not be counted as paid. In fact, there is a misunderstanding between us, because when I thought about the idea, it was for bitcoin users, or for the investors in bitcoin. Which means the both sides have confidence in our cryptocurrency so your problem never arises.
hero member
Activity: 2828
Merit: 611
This is a really good idea to be executed. Payment the form of bitcoin will bring ease to those who anyways would want to convert the paid amount into bitcoins. It will also attract new users and players in the name of bitcoins.
It will also create a more profitable playground brcause when players will receive payment in btc they are by this way already getting their money invested.

That being said, such payments still need allot of planning and better development in the fundamentals of bitcoins. Not only that but the trustability of bitoin needs to increase and the time bitcoins take to confirm a certain transaction should be reduced to as lower value as possible.
Till date I have never seen such gamblers who use bitcoin in gambling but as it is mentioned that it will bring ease in payment methods. One would not have the fear of stealing or robbery. He will be relaxed with his pocket. When he leaves the casino or any other place where he gambles, he will be back with full or empty bitcoin wallet and no cash in his pocket. Therefore he will be more relaxed.
hero member
Activity: 1246
Merit: 529
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Lol. That would mean big franchises would be seriously dealing with btc. I don't that happening anytime soon if it's its even going to happen at all. And there should also be agreements for two parties so managers would have to both agree for this to happen
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