Will you accept bitcoin as your salary? - page 87.

Corenin

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Quote from: dunfida on August 26, 2016, 09:24:23 AM

Quote from: peta4e on August 26, 2016, 08:31:01 AM

Quote from: dunfida on August 26, 2016, 05:32:29 AM

Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on.

Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses.

I knew some people here who made a living with just the earnings on signature campaigns which is really incredible because as i can see the amount of joining signature campaigns is just enough as a pocket money for your self but some already made a living with it especially who live in 3rd world countries which i mention earlier.

I live in third world county and my signature pays me 0.035 per week that is 0.14 per month and to be honest its not possible to survive with income of 0.14 per month.

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Bitcoin is not liquid enough. I would prefer cash, or a value higher enough to convert it to cash and don't suffer losses overall.

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Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

I have just to point out that earnings in signature campaign can't be called salary even for third world countries. It's an earnings. Salary is a fixed basis and earnings from signature campaign are not.

And I don't consider those people who can use internet freely and staying online for long here in this forum as part of those people who has below the minimum standard of life.

dunfida

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Quote from: peta4e on August 26, 2016, 08:31:01 AM

Quote from: dunfida on August 26, 2016, 05:32:29 AM

Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on.

Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses.

I knew some people here who made a living with just the earnings on signature campaigns which is really incredible because as i can see the amount of joining signature campaigns is just enough as a pocket money for your self but some already made a living with it especially who live in 3rd world countries which i mention earlier.

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Quote from: peta4e on August 26, 2016, 08:31:01 AM

Quote from: dunfida on August 26, 2016, 05:32:29 AM

Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on.

Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses.

well, signature campaign payment is really enough for a person who living in third world countries. like India, Pakistan, bangladesh and in some african coutnries. where a single dollar have big value.
and a good signature campaign pay around 150$ to 200$ a month which is almost equal to a 15 grade Gvt servant in these countries.
but the problem is signature campaigns are not stable way to earn. they can be closed any time..
so relaying on signature campaigns is completely stupidity.

peta4e

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Quote from: dunfida on August 26, 2016, 05:32:29 AM

Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on.

Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses.

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Quote from: dunfida on August 26, 2016, 05:32:29 AM

Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on.

you are right about it though i dont think that their english language would be fluent enough to talk here so that might be a problem

dunfida

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Quote from: 1Referee on August 26, 2016, 04:26:38 AM

Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on.

1Referee

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Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more.

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Quote from: hendra147 on August 26, 2016, 03:50:49 AM

i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

It is not actually a salary, for me it is more proper to call it as reward. What I understand is we are talking as a whole practice in real world like when you are working in a certain company, would you accept if you will be paid in bitcoin rather than fiat?

My answer to that is always yes.

hendra147

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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin.
i think accept salary in bitcoin is best idea to hide from tax.

Capradina

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Quote from: richkellj on August 26, 2016, 02:56:22 AM

Quote from: mishra1994 on August 22, 2016, 01:08:41 PM

Quote from: SquallLeonhart on August 22, 2016, 04:04:08 AM

Quote from: mirakal on August 22, 2016, 04:00:16 AM

Quote from: mileymatmun on August 22, 2016, 01:08:29 AM

Yes, i do want to receive salary by bitcoin. However, the country which i am living in does not considered bitcoin as currency. People still think that bitcoin is something crab and stupid. And the government try to prevent people from using it. So it may takes decades until they accept bitcoin

It doesn't matter with me as long as I can cash out in fiat in exchange of my bitcoins. Its not actually a big deal so far so I am currently earning bitcoin online and I am using it regularly to pay my expenses and even for investment and trading.

That is your income apart from your salary, and more you work in bitcoin more you will earn it, but getting fixed income in bitcoins as a salary can be risky because it will vary according to the price of bitcoin.

ya bitcoin is a volatile currency and it is very risky to have your fixed and full time income in bitcoins.Earning in bitcoin should be the extra income with other source of income as well which can help you save from your full time income and also helps you in any bad time.

Which is exactly why I am still hesitate really to receive my salary in bitcoins.
The risk of losing value is pretty much like you are being demoted and given a lower salary than the budget of your monthly expenses. In that situations, going for loan may worsen situations regardless of any previous savings. I am not fully opposing it, but I am just delaying any plan of receiving bitcoin salary.

But it also depends on the salary you received. Because I see that most people who receive a salary in the Bitcoin occasionally from those who have real wages in the world, with a sense that they are getting a salary from a job in the bitcoin online. To the risk of losing it also depend on life, if indeed you're not too need most of your funds (salaries) so that you can save and sell when the bitcoin rising very high

richkellj

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Quote from: mishra1994 on August 22, 2016, 01:08:41 PM

Quote from: SquallLeonhart on August 22, 2016, 04:04:08 AM

Quote from: mirakal on August 22, 2016, 04:00:16 AM

Quote from: mileymatmun on August 22, 2016, 01:08:29 AM

Yes, i do want to receive salary by bitcoin. However, the country which i am living in does not considered bitcoin as currency. People still think that bitcoin is something crab and stupid. And the government try to prevent people from using it. So it may takes decades until they accept bitcoin

It doesn't matter with me as long as I can cash out in fiat in exchange of my bitcoins. Its not actually a big deal so far so I am currently earning bitcoin online and I am using it regularly to pay my expenses and even for investment and trading.

That is your income apart from your salary, and more you work in bitcoin more you will earn it, but getting fixed income in bitcoins as a salary can be risky because it will vary according to the price of bitcoin.

ya bitcoin is a volatile currency and it is very risky to have your fixed and full time income in bitcoins.Earning in bitcoin should be the extra income with other source of income as well which can help you save from your full time income and also helps you in any bad time.

Which is exactly why I am still hesitate really to receive my salary in bitcoins.
The risk of losing value is pretty much like you are being demoted and given a lower salary than the budget of your monthly expenses. In that situations, going for loan may worsen situations regardless of any previous savings. I am not fully opposing it, but I am just delaying any plan of receiving bitcoin salary.

Vhern

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More likely than not BTC is increasing its value every year so suppose that you earn for your daily job of 0.015BTC and you work for almost one year your daily profit could be 5.3BTC and if you hold that coin and support your work with your sideline job you could be Rich because you will never know if BTC is high that year and if it is low it has a slight chances but not that you are lost.

deadpoolx

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At the time it is too risky to accept full payment on Bitcoin. I think most companies will not change the business model very soon, but it is good to see people trying to find the best applications for bitcoin.

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Quote from: skysblu on August 25, 2016, 12:40:25 PM

Quote from: Akupuniard on August 25, 2016, 12:34:45 PM

Yes, why not? At my opinion even after exchanging my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

yeah i would definitely accept it either because in my opinion it would allow me to have bitcoins as an investment

The issue here is you can lose money as soon as you're paid (due to fluctuations). If you have bills and a flash crash happens, you're screwed. It's risky.

madwica

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Quote from: Akupuniard on August 25, 2016, 12:34:45 PM

Yes, why not? At my opinion even after exchanging my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

Your opinion is not better for your future, you do not consider the price is volatile it is goes up and down, you only see right now is the good value of bitcoin but what if the value of bitcoin would be lower than what you expect i think you will be angry that you will accept bitcoin as your monthly salary

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Quote from: Akupuniard on August 25, 2016, 12:34:45 PM

Yes, why not? At my opinion even after exchanging my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

This is so wrong. You just assume that the price keeps going up. You don't even look at the possibility of the price going down significantly. I hope you will not actually do this as you would end up in big problems. You clearly don't have a clue about what risks are.

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Quote from: Akupuniard on August 25, 2016, 12:34:45 PM

Yes, why not? At my opinion even after exchanging my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

yeah, i would also be accepting it if it was possible, that would be really cool to be honest but it would be hard to make good money with it

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Quote from: BitMaxz on August 25, 2016, 02:22:40 PM

Quote from: Shibashi Dogemoto on August 25, 2016, 12:38:34 PM

Quote from: Akupuniard on August 25, 2016, 12:34:45 PM

Yes, why not? At my opinion even after exchanging my slalary into fiat after reciving will bring me more profit, cause of difference of bitcoins price.

It will give you more profits if price is higher, what if in case price goes lower so will you be satisfied with lower income? Always get salary in fiat and save your coins for future.

I think a company you are looking for that can pay bitcoin as salary will not accept to pay the exact amount if the price of bitcoin is increase high so i think it still ok to accept bitcoin as salary because they will always relay in the present price of bitcoin.. If you dont want your salary is bitcoin.. why not to tell them. we are not all the same but bitcoins for me have a lots of benefits..

Wouldn't a company need to pay more to you if they were to pay you in a bitcoin?
I was just thinking this because what amount would they be claiming on taxes for you income when they file at the end of the year?

Topic: Will you accept bitcoin as your salary? - page 87. (Read 183572 times)