Will you accept bitcoin as your salary? - page 48.

bamboylee

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Quote from: safari88 on October 03, 2016, 02:11:15 PM

Quote from: subhiii on October 03, 2016, 12:09:56 PM

Quote from: rapazev on October 03, 2016, 12:06:56 PM

i would... you just need to learn a little about trading to make more of your salary, so if you have received 1 bitcoin as payment, wait a little pump and sell above the price when you were paid.

As i dont have much experience in the trading to i will not gonna recieve and accept my salary in bitcoins because that would make managing the money very difficult because every time i recieve my salary the bitcoin price will be different.

Ya never do that if you don't have experience in the trade. because I've experienced it and I thus losing a lot of money. but after all of that experience, I finally was able to get a lot of money from the trade. but still will not accept a salary with bitcoin, if real job better receive salary with fiat and if you want in salary with bitcoin I must work from bitcoin.

Trading is a harsh world. One tick it is going good and another tick it is going south. If you do not have the guts to trade you will be panic selling and you will be at loss all the time.

Harlot

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Quote from: blackmachinegun on October 03, 2016, 07:37:40 PM

Quote from: Whosdaddy on October 01, 2016, 02:29:26 AM

Quote from: praprata on September 27, 2016, 10:26:13 AM

I wont accept my salary as bitcoin just because you can lose part of your salary very quick.
Ofcourse you can also earn every month extra because of bitcoin but its a risk you have to take.

Not only bitcoin but every currency has fluctuations we cannot call these fluctuations as volatility, it will be just nonsense, and we know that if the demand of a currency increases then the price of it increases not decreases so in that case every company will like to buy bitcoin in order to pay and the price will rise higher.

I think the fluctuation is not a problem anymore to receive a salary with bitcoin when bitcoin is already accepted in many places, yeah people are willing to accept fiat as their salaries because fiat received in all places, despite the fact that fiat also fluctuate (sometimes in several currencies in the world )?

For me that is still going to be a big deal because we all know that the fluctuations are still going to be a problem if you are going to receive it as salary. But sometimes it is going to depend on how you are really going to take the risk if you wanted to take your salary as bitcoin, so that you don't have to convert your fiat money anymore if you are into trading.

You just can't take risk on your salary, your salary is your main source of income what will you do if the bitcoin's value suddenly drop, will you buy the daily food that you need and other kinds of expenses? Having a salary that is stable makes your plans for your budgeting and expenses a lot easy. But with bitcoin's volatility it will be hard on your part.

hawkins

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I think accept bitcoin aji in the form or do not taste the same. because even though my salary paid using bitcoin, it still refers to the price of the dollar. so if I sell my bitcoin in a short time, all the same I receive a salary in dollars. but I do not mind receiving a salary in the form of bitcoin, because it can make bitcoin me more and more and maybe I'll use it for trading Grin

blackmachinegun

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Quote from: Whosdaddy on October 01, 2016, 02:29:26 AM

Quote from: praprata on September 27, 2016, 10:26:13 AM

I wont accept my salary as bitcoin just because you can lose part of your salary very quick.
Ofcourse you can also earn every month extra because of bitcoin but its a risk you have to take.

Not only bitcoin but every currency has fluctuations we cannot call these fluctuations as volatility, it will be just nonsense, and we know that if the demand of a currency increases then the price of it increases not decreases so in that case every company will like to buy bitcoin in order to pay and the price will rise higher.

I think the fluctuation is not a problem anymore to receive a salary with bitcoin when bitcoin is already accepted in many places, yeah people are willing to accept fiat as their salaries because fiat received in all places, despite the fact that fiat also fluctuate (sometimes in several currencies in the world )?

praprata

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Quote from: peta4e on October 03, 2016, 11:44:57 AM

Quote from: jossiel on October 03, 2016, 11:40:59 AM

Quote from: utkarshm on October 03, 2016, 10:29:20 AM

Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

I do not agree with you.If you had to convert your bitcoins into fiat then why not directly take the salary in fiat.You said it will take effort to buy bitcoins but the same effort it would take even to sell those bitcoins.So i do not understand your idea on why you will accept your salary in bitcoins.

Maybe he just wanted to make things complicated and make him more effort for doing it. Because even I, I don't want to get paid with bitcoins for the work done I didn't do with bitcoins.

But of course, if I did worked for bitcoins it is going to be fine that I will going to get paid for my work done with bitcoins.

I am also thinking if this is possible in the future that the companies are going to pay their employees with bitcoins.

Not all companies will prefer to pay their employees in bitcoin only those companies whose business is related to bitcoin will pay their employees in bitcoin rest will continue to pay in fiat.

This is true, but I honestly also would not like it because of the fact that its a bit too risky to let me pay out in bitcoins.
The bitcoin stays a investment so that is why I do not want this.

Rastaman2016

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I think that in the near future will take care of our employer. It's them decide what and how to pay their workers. And if we are going to have their waste is with great pleasure.

safari88

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Quote from: subhiii on October 03, 2016, 12:09:56 PM

Quote from: rapazev on October 03, 2016, 12:06:56 PM

i would... you just need to learn a little about trading to make more of your salary, so if you have received 1 bitcoin as payment, wait a little pump and sell above the price when you were paid.

As i dont have much experience in the trading to i will not gonna recieve and accept my salary in bitcoins because that would make managing the money very difficult because every time i recieve my salary the bitcoin price will be different.

Ya never do that if you don't have experience in the trade. because I've experienced it and I thus losing a lot of money. but after all of that experience, I finally was able to get a lot of money from the trade. but still will not accept a salary with bitcoin, if real job better receive salary with fiat and if you want in salary with bitcoin I must work from bitcoin.

xJuturna

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No I wouldn't want bitcoin as 100% of my salary. Ideally something similar to a company matched 401k but instead of putting the money into a 401k portfolio, it went into BTC. That would be great and maybe something that could eventually be implemented in the future but probably a long time from now. Having my whole salary be in bitcoin would be a pain in the ass and as of right now i'm being paid tax-free with cash so it doesn't really get any better than that.

subhiii

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Quote from: rapazev on October 03, 2016, 12:06:56 PM

i would... you just need to learn a little about trading to make more of your salary, so if you have received 1 bitcoin as payment, wait a little pump and sell above the price when you were paid.

As i dont have much experience in the trading to i will not gonna recieve and accept my salary in bitcoins because that would make managing the money very difficult because every time i recieve my salary the bitcoin price will be different.

rapazev

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i would... you just need to learn a little about trading to make more of your salary, so if you have received 1 bitcoin as payment, wait a little pump and sell above the price when you were paid.

torrentheaven

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Quote from: ashiqdey on October 03, 2016, 12:02:28 PM

Yes definitely it will be double profit because if we her bitcoin salary then we can keep in hold and after 1 years if i sell those them definitely i get some extra money as profit. and otherwise I can also trade bitcoin with other coins and by doing that we can get profit.

If you keep on holding all of them then how you gonna take care of you and your family's expenses? Don't you need fiat for that? And there is no guarantee that price of bitcoin will double in next year, it can also fall to half of the current price.

ashiqdey

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Yes definitely it will be double profit because if we her bitcoin salary then we can keep in hold and after 1 years if i sell those them definitely i get some extra money as profit. and otherwise I can also trade bitcoin with other coins and by doing that we can get profit.

peta4e

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Quote from: jossiel on October 03, 2016, 11:40:59 AM

Quote from: utkarshm on October 03, 2016, 10:29:20 AM

Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

I do not agree with you.If you had to convert your bitcoins into fiat then why not directly take the salary in fiat.You said it will take effort to buy bitcoins but the same effort it would take even to sell those bitcoins.So i do not understand your idea on why you will accept your salary in bitcoins.

Maybe he just wanted to make things complicated and make him more effort for doing it. Because even I, I don't want to get paid with bitcoins for the work done I didn't do with bitcoins.

But of course, if I did worked for bitcoins it is going to be fine that I will going to get paid for my work done with bitcoins.

I am also thinking if this is possible in the future that the companies are going to pay their employees with bitcoins.

Not all companies will prefer to pay their employees in bitcoin only those companies whose business is related to bitcoin will pay their employees in bitcoin rest will continue to pay in fiat.

jossiel

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Quote from: utkarshm on October 03, 2016, 10:29:20 AM

Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

I do not agree with you.If you had to convert your bitcoins into fiat then why not directly take the salary in fiat.You said it will take effort to buy bitcoins but the same effort it would take even to sell those bitcoins.So i do not understand your idea on why you will accept your salary in bitcoins.

Maybe he just wanted to make things complicated and make him more effort for doing it. Because even I, I don't want to get paid with bitcoins for the work done I didn't do with bitcoins.

But of course, if I did worked for bitcoins it is going to be fine that I will going to get paid for my work done with bitcoins.

I am also thinking if this is possible in the future that the companies are going to pay their employees with bitcoins.

Mastsetad

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Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

That can obviously be good for someone who is already planning to buy bitcoins with a half of his salary maybe so for him it would be a great opportunity to get the salary in bitcoin itself so that he does not need to pay any deposit and withdraw fees of exchanges for buying bitcoins.

bamboylee

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Quote from: gerXhonza on October 03, 2016, 04:25:51 AM

Quote from: DixieCrayon on October 03, 2016, 03:54:56 AM

Quote from: Yakamoto on July 04, 2016, 09:41:26 PM

Quote from: groll on July 04, 2016, 08:50:27 PM

In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?

I personally wouldn't mind my wages being paid in Bitcoin, since they'd be easily transactable and fairly liquid, and could be a good investment for whatever I wouldn't have to use immediately. I would maybe prefer for 3/4 of my wages to be paid in fiat and the remainder to be paid in Bitcoin, because that way I can be sure that I'll have money to over my expenses and still have a portion paid in Bitcoin.

Maybe if the employer offers some insurance against swings in the market, I can see something like this working.

Lots of peopel dont want to earn there salary into tbitcoins and i know whwat they mean because you dont want to earn bitcoins as salary we just want dollars instead of that stupid coin.

Its not an stupid coin and if you feel so then why are you wasting your time behind it? Bitcoin is the most innovative currency we have and in future everyone will prefer to get salary in bitcoins.

Bitcoin is still very young so we cannot tell if everyone will prefer bitcoin in the future. Even if it is the most innovative currency, if there is no place to spend it, then it will be hard to accept it as salary.

utkarshm

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Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

I do not agree with you.If you had to convert your bitcoins into fiat then why not directly take the salary in fiat.You said it will take effort to buy bitcoins but the same effort it would take even to sell those bitcoins.So i do not understand your idea on why you will accept your salary in bitcoins.

Corenin

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Quote from: randy8777 on October 03, 2016, 10:24:00 AM

Quote from: fkvidar on October 03, 2016, 09:34:46 AM

Quote from: Zadicar on October 03, 2016, 09:32:02 AM

Quote from: SquallLeonhart on October 03, 2016, 08:38:46 AM

Quote from: randy8777 on October 03, 2016, 08:15:40 AM

Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

if you plan to convert the coins back to fiat after receiving them in form of your salary, then there is no real point in having your salary paid out in bitcoin. just use a certain part of your current salary, and buy bitcoin with it. best thing of all is that you can do it right now. no need to wait for when companies pay people out in bitcoin.

Yeah if finally you are going to convert your bitcoins to fiat currency then it doesn't make any sense in accepting salary in bitcoins as every time you need to pay the conversion fees to the traders.

Yes it doesnt make any sense but there are people dont totally convert their bitcoin to fiat, some may keep it and hold some for long terms . It really depends on persons reference and decision if he would like to accept bitcoin as his/her salary. It depends on motives and future plans.

But if bitcoin is the only source of income then he need to sell them on regular basis as he will surely need fiat to take care of his expenses as you cannot afford to save all of them without spending them for basic stuffs.

if someone receives their salary fully in bitcoin, then it's different of course. but that doesn't go up for people having a fiat salary and thinking that it would be a nice thing to receive everything in bitcoin. these people can't be serious. because when you have bills to pay, you can't depend on bitcoin with its volatility. one day you receive your $2000 salary in bitcoin, and the next day it's only worth $1750 due to the price going down.

Exactly, that is a big risk and if it happens then it will reduce our monthly income and it may even fall to extreme level so its better to continue with fiat for accepting salary.

randy8777

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Quote from: fkvidar on October 03, 2016, 09:34:46 AM

Quote from: Zadicar on October 03, 2016, 09:32:02 AM

Quote from: SquallLeonhart on October 03, 2016, 08:38:46 AM

Quote from: randy8777 on October 03, 2016, 08:15:40 AM

Quote from: Johnyloco on October 03, 2016, 07:41:10 AM

I would take BTC s a salary even now, it's so easy to exchange it to USD and local currencies that you wouldn't lose more than 2-3% or so if you want to exchange it Smiley . it would save me the effort of depositing money into exchanges to buy BTC.

if you plan to convert the coins back to fiat after receiving them in form of your salary, then there is no real point in having your salary paid out in bitcoin. just use a certain part of your current salary, and buy bitcoin with it. best thing of all is that you can do it right now. no need to wait for when companies pay people out in bitcoin.

Yeah if finally you are going to convert your bitcoins to fiat currency then it doesn't make any sense in accepting salary in bitcoins as every time you need to pay the conversion fees to the traders.

Yes it doesnt make any sense but there are people dont totally convert their bitcoin to fiat, some may keep it and hold some for long terms . It really depends on persons reference and decision if he would like to accept bitcoin as his/her salary. It depends on motives and future plans.

But if bitcoin is the only source of income then he need to sell them on regular basis as he will surely need fiat to take care of his expenses as you cannot afford to save all of them without spending them for basic stuffs.

if someone receives their salary fully in bitcoin, then it's different of course. but that doesn't go up for people having a fiat salary and thinking that it would be a nice thing to receive everything in bitcoin. these people can't be serious. because when you have bills to pay, you can't depend on bitcoin with its volatility. one day you receive your $2000 salary in bitcoin, and the next day it's only worth $1750 due to the price going down.

Newcoins2020

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I would never accept Bitcoin as an salary because the Bitcoin is not stable and that would mean that your salary is also not going to be stable.
It would still be better for me to do Bitcoin on the side and not as my main income.

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