Will you accept bitcoin as your salary? - page 78.

danherbias07

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Quote from: ironm@n on September 04, 2016, 06:48:46 PM

Well, with the current fluctuated condition, and sometimes also considerable downtrend, I don't think it is a very good idea. But I believe this will find its place in near future.

Could be. If that future will stabilize the price. That is the most important thing when working for money right? A stable income. Is bitcoin stable? No, it moves more than US dollar. If $ can make a wave in its price then bitcoin can create a larger one. Its number is limited so it can be manipulatred by a person who is owning a lot of it.

ironm@n

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Well, with the current fluctuated condition, and sometimes also considerable downtrend, I don't think it is a very good idea. But I believe this will find its place in near future.

MingLee

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As long as I have some form of insurance against the fluctuations of the value of Bitcoin, I would gladly take all of my salary in Bitcoin. If I don't have any form of insurance, I would still take a portion of my salary in Bitcoin, but it would be substantially less than what I would if I had some insurance. Maybe 10-15% would be something I'm comfortable with, but I have no idea.

Senor.Bla

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Quote from: torrentheaven on September 04, 2016, 02:10:39 PM

Quote from: mikehersh2 on September 04, 2016, 02:08:31 PM

No because if one day bitcoins value dropped to an amount I cannot live off of, I will have no money.

Exactly, that is the biggest problem with bitcoin as you never know what price it will hold in future so if we start accepting salary in bitcoins and if price drops then it will also reduce our monthly income.

and if price goes up you are the big winner. and as most of the user here expect the price to go up this should be a good chance. also why not agree on a fix dollar salary and adjust the bitcoin amount every payout? this is not hard to realize.

torrentheaven

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Quote from: mikehersh2 on September 04, 2016, 02:08:31 PM

No because if one day bitcoins value dropped to an amount I cannot live off of, I will have no money.

Exactly, that is the biggest problem with bitcoin as you never know what price it will hold in future so if we start accepting salary in bitcoins and if price drops then it will also reduce our monthly income.

mikehersh2

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No because if one day bitcoins value dropped to an amount I cannot live off of, I will have no money.

upsidedown75

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Quote from: mirakal on September 03, 2016, 03:01:02 AM

Quote from: lakisis on September 03, 2016, 02:05:02 AM

yes i will accept my salary in bitcoin because bitcoin is very useful in everywhere corner of the wold and we can buy any product through bitcoin with easily and with fastest transaction .

Well, that would help a lot when you spend regularly online, but I doubts others would follow that kind of mentality of yours, I think they are more concern on the value of their money rather than the opportunity to transact online, there problem is the price fluctuation which makes the value of their salary also fluctuate.

And how will you spend it friend ? Its good to know that you are ready to accept bitcoins as payment but the biggest problem for people like me is that we cannot use the bitcoins at any stores or shops located near my house. Apart from online I can't think of place where i can use bitcoins and thats the problem Sad

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Quote from: groll on September 04, 2016, 10:25:26 AM

Quote from: potatopower on September 04, 2016, 10:22:51 AM

Quote from: trinaldao on September 04, 2016, 05:13:41 AM

if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.

the same for me, also the price of the bitcoin should be way stable than it is right now, in my opinion only then people would be into bitcoins

Yes that woud be a great factor to consider if they will offer bitcoin as your salary if the price is stable. Otherwise, employees would still prefer the cash as their salary. And also make sure that everytime your bitcoin salary will turn to cash it should be free.

Neither price will be stable nor you would be able to convert it for free, you need to pay transaction cost to the trader, as of now its not free in my country and I am not aware about the scenarios in other countries.

Mr. Green

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I would accept it. One more kick to the banks.

Umisater

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Quote from: groll on September 04, 2016, 10:25:26 AM

Quote from: potatopower on September 04, 2016, 10:22:51 AM

Quote from: trinaldao on September 04, 2016, 05:13:41 AM

if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.

the same for me, also the price of the bitcoin should be way stable than it is right now, in my opinion only then people would be into bitcoins

Yes that woud be a great factor to consider if they will offer bitcoin as your salary if the price is stable. Otherwise, employees would still prefer the cash as their salary. And also make sure that everytime your bitcoin salary will turn to cash it should be free.

That could be the reason why the bitcoin is not used as a payment as a salary. The price of bitcoin is too volatile.

groll

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Quote from: potatopower on September 04, 2016, 10:22:51 AM

Quote from: trinaldao on September 04, 2016, 05:13:41 AM

if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.

the same for me, also the price of the bitcoin should be way stable than it is right now, in my opinion only then people would be into bitcoins

Yes that woud be a great factor to consider if they will offer bitcoin as your salary if the price is stable. Otherwise, employees would still prefer the cash as their salary. And also make sure that everytime your bitcoin salary will turn to cash it should be free.

peta4e

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Quote from: potatopower on September 04, 2016, 10:22:51 AM

Quote from: trinaldao on September 04, 2016, 05:13:41 AM

if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.

the same for me, also the price of the bitcoin should be way stable than it is right now, in my opinion only then people would be into bitcoins

If price is in 4 digits and if it is stable then it would be great to accept salary in bitcoins, but as of now I will not prefer to accept salary in bitcoins as price is not too high and it will not give me steady income too.

potatopower

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Quote from: trinaldao on September 04, 2016, 05:13:41 AM

if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.

the same for me, also the price of the bitcoin should be way stable than it is right now, in my opinion only then people would be into bitcoins

chaosknight

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Quote from: Rahar02 on September 04, 2016, 09:56:41 AM

Quote from: Whosdaddy on September 04, 2016, 02:47:00 AM

Quote from: Blitzboy on September 03, 2016, 01:59:30 AM

Quote from: ?? on ??

Even if I will like to receive my salary in bitcoin right now is not very convenient to me since there is not a lot of places in which I can spend the bitcoin instead of Fiat.

For now but you can be still exchange bitcoin in to fiat instantly.. just like here in my country we can exchange bitcoin instantly so there is no worry to receive bitcoin as salary.. unlike other countries i think there still not have a good site are giving good benefits that you can withdraw your bitcoin instantly to your banks..

Exactly and you will need to convert the bitcoins into fiat for daily spending .
If you have shops near your house that accepts bitcoins for example I want to have a coffee then also I have to use fiat so well, currently its not possible but I think n near future we all might be using bitcoins as a salary or part or salary.

I will accept bitcoin as my salary too, it's better I think than just fiat money since it has high value from time to time so it's very suitable as savings and there's no obstacle to us for convert bitcoin into fiat money in my country or even another country because the exchangers already exist worldwide to facilitate exchange to local currency. Furthermore, there are a lot of online stores that accepted bitcoin as payment that you can shopping spree there.

Mate what will you do if price of bitcoins falls to $200 in coming future? Will you still accept your salary in bitcoins and if you are going to convert it to fiat for spending then what is the use of getting paid in bitcoins.

Rahar02

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Quote from: Whosdaddy on September 04, 2016, 02:47:00 AM

Quote from: Blitzboy on September 03, 2016, 01:59:30 AM

Quote from: ?? on ??

Even if I will like to receive my salary in bitcoin right now is not very convenient to me since there is not a lot of places in which I can spend the bitcoin instead of Fiat.

For now but you can be still exchange bitcoin in to fiat instantly.. just like here in my country we can exchange bitcoin instantly so there is no worry to receive bitcoin as salary.. unlike other countries i think there still not have a good site are giving good benefits that you can withdraw your bitcoin instantly to your banks..

Exactly and you will need to convert the bitcoins into fiat for daily spending .
If you have shops near your house that accepts bitcoins for example I want to have a coffee then also I have to use fiat so well, currently its not possible but I think n near future we all might be using bitcoins as a salary or part or salary.

I will accept bitcoin as my salary too, it's better I think than just fiat money since it has high value from time to time so it's very suitable as savings and there's no obstacle to us for convert bitcoin into fiat money in my country or even another country because the exchangers already exist worldwide to facilitate exchange to local currency. Furthermore, there are a lot of online stores that accepted bitcoin as payment that you can shopping spree there.

umaOuma

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Quote from: Sorrowfox on July 04, 2016, 11:34:33 PM

As of now, I dont want to accept bitcoin as a salary for my Job in real word or outside of this cyberworld. I have many reason why i dont want it. My reason is What if my salary send bitcoin at high price of bitcoin and the bitcoin price will dump so my salary is not exact at the amount so i need to wait it? But if the price of bitcoin will be stable like other currency i will accept it.

Its difficult to imagine price stability in bitcoins, and that is the reason people will not prefer to accept the salary in bitcoins as you will never get fixed and stable income from it.

michelle1845

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I think that I would accept bitcoin as part of my salary. Bitcoin has many advantages, it's also in demand now. And you can save the bitcoins in your wallet, that means no need to go to banks.

JumperX

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I will never expect my salary in bitcoins as I cannot spend it anywhere and if I have to spend then I need to convert it to fiat first, so I will prefer to have my salary only in fiat.

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Quote from: serjent05 on August 14, 2016, 11:56:10 AM

Quote from: umaOuma on August 14, 2016, 09:09:59 AM

Quote from: randy8777 on August 14, 2016, 09:05:52 AM

Quote from: chixka000 on August 14, 2016, 08:42:49 AM

Quote from: outatime1 on August 13, 2016, 10:49:44 AM

I would consider accepting bitcoin as a salary. The only problem is that all my bills have to be paid with fiat so I would have to convert. Also, I don't know of any businesses or restaurants in my area that accept bitcoin.

That is bad news dude well i guess most of us do have the same situation. So we just keep on hoping and waiting until we will be able to pay directly to bitcoin without taxes how good the world will be.

bad news? how so? it's normal that the adoption of bitcoin by merchants and employers is moving forwards very slowly. we have to deal with this as a normal thing, and not as being a problem. i am sure at some point it will change. have some patience.

Yes in future we will find many merchants who will start accepting bitcoin as a mode of payment and we are moving slowly towards it and scenario will change in future for sure.

Hopefully this will happen in the soonest time. Im worry that bitcoin may become unpopular one day and failed to the field of merchant adoption in local area. We all know bitcoin needs internet and most local merchant don't have access to internet. Especially in supermarket or small convinient stores.

This thing sir for me would only happens if so we are going to be less active in this industry. We should not stop promoting how good bitcoin is to encourage more users and more investors and miners to work for bitcoin industry.

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Quote from: Doamader on September 04, 2016, 06:32:39 AM

Quote from: john2231 on September 04, 2016, 05:43:06 AM

Quote from: trinaldao on September 04, 2016, 05:13:41 AM

if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.

Yeah it difference how they are dealing with and how much they pay if we accept bitcoin as salary compare to fiat..
If they are giving good in bitcoin well it is good to accept bitcoin as salary..

Why would any companie paying anyon who earn 900 dollars, with 100 dollars in bitcoin? It makes no sense at all, the big issue, besides not being able to spend those bitcoins as most places, besides the card solution, we would be forced to exchange the bitcoins into fiat, loosing on the first moment 5-20% of the salaire to fees.

Exactly its pointless to accept salary in bitcoins as we cannot use it anywhere and finally we are going to exchange it to fiat to spend them, so it will not be profitable to accept salary in bitcoins.

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