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Topic: Will you accept bitcoin as your salary? - page 66. (Read 183572 times)

full member
Activity: 224
Merit: 100
September 14, 2016, 03:13:53 PM
yes i want to receive my salary in bitcoin it will be really so much pleasure but if my department become ready to pay me in bitcoin, i know that my department will not ready to pay me my salary in bitcoin because bitcoin is still not legal in my state.
member
Activity: 70
Merit: 10
September 14, 2016, 02:37:27 PM
At the present moment, Bitcoin still has not enough liquidity and stability in the market. So I believe that accepting btc as the main salary would be a better measure to be taken in the future.
legendary
Activity: 2436
Merit: 1008
September 14, 2016, 01:30:37 PM
Absolutely not! IT is not a very wise decision to take salary in BTC  at least now. BTC price is very unstable and it can go way down any time.

SO if in your salary day bitcoin price is $750 then you will receive less amount of bitcoin. But if on the second day bitcoin price goes down to $650, you will be in a huge loss. One should not experiment with their salary.

It can be also become $850 the next day.

But you know if ever price increase or decrease will happen we have to be on the safe spot so just accept your salary as a fiat and let your own bitcoin work to gave you bitcoin in regular basis.
member
Activity: 116
Merit: 10
September 14, 2016, 11:46:44 AM
Absolutely not! IT is not a very wise decision to take salary in BTC  at least now. BTC price is very unstable and it can go way down any time.

SO if in your salary day bitcoin price is $750 then you will receive less amount of bitcoin. But if on the second day bitcoin price goes down to $650, you will be in a huge loss. One should not experiment with their salary.
hero member
Activity: 910
Merit: 1000
September 14, 2016, 11:44:22 AM
I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.

Well i think you need to look for a new job that does not implement bitcoin as salary if you are working at a company that pays only bitcoin right now.  I think the freedom to choose what company we want to work with is ours but the method of payment is still in discretion of the company.  If the company implement a full bitcoin salary you have no choice but to accept it or look for another company. 

It will take long time for the companies to start paying their employees in bitcoins as even companies find it risky to invest in bitcoins because of its price volatility, so till it happens its better to go with fiat.

The only company I know that will pay its employee in bitcoin is the overstock. The employee can select the portion of the bitcoin.

That sounds great, if employees have an option to choose the percentage of salary to be paid in bitcoins then it can really work, as the amount that they choose can be directly saved for the future.
newbie
Activity: 54
Merit: 0
September 14, 2016, 11:41:48 AM
I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.

Well i think you need to look for a new job that does not implement bitcoin as salary if you are working at a company that pays only bitcoin right now.  I think the freedom to choose what company we want to work with is ours but the method of payment is still in discretion of the company.  If the company implement a full bitcoin salary you have no choice but to accept it or look for another company. 

It will take long time for the companies to start paying their employees in bitcoins as even companies find it risky to invest in bitcoins because of its price volatility, so till it happens its better to go with fiat.

The only company I know that will pay its employee in bitcoin is the overstock. The employee can select the portion of the bitcoin.
hero member
Activity: 812
Merit: 1000
September 14, 2016, 11:23:20 AM
I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.

Well i think you need to look for a new job that does not implement bitcoin as salary if you are working at a company that pays only bitcoin right now.  I think the freedom to choose what company we want to work with is ours but the method of payment is still in discretion of the company.  If the company implement a full bitcoin salary you have no choice but to accept it or look for another company. 

It will take long time for the companies to start paying their employees in bitcoins as even companies find it risky to invest in bitcoins because of its price volatility, so till it happens its better to go with fiat.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
September 14, 2016, 11:04:20 AM
I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.

Well i think you need to look for a new job that does not implement bitcoin as salary if you are working at a company that pays only bitcoin right now.  I think the freedom to choose what company we want to work with is ours but the method of payment is still in discretion of the company.  If the company implement a full bitcoin salary you have no choice but to accept it or look for another company. 
hero member
Activity: 672
Merit: 503
September 14, 2016, 10:47:40 AM
Yeah I will prefer to accept my salary in bitcoins, and I will use only that amount which is required and will prefer to save more for the future as I am sure price will be higher in future which will give me more money.
I would never do this because the fact is the billings and all that kind of stuff is in my normal currency, that I have to covert them every month again and again.
I just do not see this happen for me, maybe in about 10 years but right now I'm saying a big no to it.
Exactly and when it comes to paying bills we cannot for the price to go higher, we need to sell them at any  price its holding, and if price is lower at a moment then it will be a loss to us.
sr. member
Activity: 259
Merit: 250
September 14, 2016, 10:33:11 AM
I'd go 50/50 BTC - USD
sr. member
Activity: 406
Merit: 250
September 14, 2016, 10:10:34 AM
Yeah I will prefer to accept my salary in bitcoins, and I will use only that amount which is required and will prefer to save more for the future as I am sure price will be higher in future which will give me more money.
I would never do this because the fact is the billings and all that kind of stuff is in my normal currency, that I have to covert them every month again and again.
I just do not see this happen for me, maybe in about 10 years but right now I'm saying a big no to it.
hero member
Activity: 672
Merit: 500
September 14, 2016, 10:07:45 AM
Yeah I will prefer to accept my salary in bitcoins, and I will use only that amount which is required and will prefer to save more for the future as I am sure price will be higher in future which will give me more money.
full member
Activity: 151
Merit: 100
September 14, 2016, 10:04:40 AM
I would not mind receiving 1/4 of my salary in BTC, but not 100%. That could work like saving method when I hold them in a BTC wallet, it would be less propitious to spend money and in the future I could end up very rich.
hero member
Activity: 938
Merit: 1000
September 14, 2016, 09:53:12 AM
I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.

Exactly we would never be able to figure out what exact amount will be holding at the end of the month and that makes it really risky, sometimes it may exceed but when it will go down it will have huge impact on our life.
sr. member
Activity: 420
Merit: 250
September 14, 2016, 09:37:53 AM
I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.
hero member
Activity: 532
Merit: 500
September 13, 2016, 06:35:23 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 cannot accept bitcoin as my salary even I'm not a employee at the present time now, Because the disadvantage that I saw from it, is the ups and down of the price of bitcoin/fluctuation. Unless the price is fix to 1000$ Grin Cheesy
I think there will always be fluctuations in bitcoin and I think characterizes it will not disappear from the bitcoin? if you want to work only when bitcoin becomes stable. I think until whenever you are never going to accept bitcoin. because bitcoin will always fluctuate

legendary
Activity: 1232
Merit: 1091
September 13, 2016, 05:40:07 PM
I might not accept the total salary in bitcoins at the present moment, but I would accept part of the salary in bitcoins. and I probably would have no problems in accepting full payment in the future.

You don't have to wait till your employer starts with paying you (partly) in Bitcoin. Just convert like 5 or 10% of your salary every month to Bitcoin and you will have the same effect. You can save up these coins, or simply spend them in places they accept Bitcoin.
hero member
Activity: 854
Merit: 500
September 13, 2016, 04:25:54 PM
Nope, i don't need it, maybe better to keep bitcoins as side income, bitcoins is not popular in my country and i don't ready to exchange my salary everytime.
sr. member
Activity: 407
Merit: 250
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September 13, 2016, 03:16:33 PM
At a moment I will not prefer to get paid in bitcoins as price is not high and there is no guarantee that it will be even higher in future so it will be a huge risk to take.

you don't need the price to be high in order to receive bitcoin as your salary. if you think the current price is low, then it means that your salary will get you more bitcoins as result compared to when the price is really high. that's the benefit.
There is a lot of uncertainty, that's why I would not go all in one, the market is still developing and gradually gaining stability.

I might not accept the total salary in bitcoins at the present moment, but I would accept part of the salary in bitcoins. and I probably would have no problems in accepting full payment in the future.
hero member
Activity: 1918
Merit: 564
September 13, 2016, 12:44:30 PM
I will accept bitcoin as my  salary because even if it is not fiat money, it is still a kind of currency where i can spend in places that it is accepted.  Besides this will add extra money to me aside from my daily job the pay me fiat money.  And i believe that multiple stream of income is better than 1
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