Would you like to receive your salary in BTC? - page 15.

CrimBit

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Quote from: sishendaoye on October 05, 2016, 04:08:25 AM

I would love to receive my salary in bitcoin but not my full salary just part of my salary cause I would be able to avoid fees to transfer fiat to bitcoin.
So I would take 50% bitcoin and 50% salary to pay my bills and also to use my money as investment in bitcoin to be honest.

it's good idea, but in this day, it's very hard to find company using bitcoin as payment for our salary.
i think we can buy it after receive our salary, but we must ready to pay any fee in buying bitcoin .

Betwrong

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Quote from: Wendigo on October 01, 2016, 09:08:17 AM

Another downside of receiving your monthly salary in Bitcoin is the fees you will be paying at Bitcoin exchanges upon converting the coins back to cash. This is something that puts me off when thinking about going fully into Bitcoin. All these fees and surcharges are unnecessary and honestly I would prefer to use fiat for my salary directly and exchange to Bitcoin from there when needed.

There is a way to deal with this issue. Any exchange has a difference between what you can get if you are selling and what you have to pay if you are buying.

Right now it looks like this more or less:

BUY - $614

SELL - $602

You just have to find a person among people you know who wants to buy BTC. Then you determine the price in this way:

($614 + $602) / 2 = $608

You sell your coins to that person for $608 per coin and everybody's happy.

sishendaoye

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I would love to receive my salary in bitcoin but not my full salary just part of my salary cause I would be able to avoid fees to transfer fiat to bitcoin.
So I would take 50% bitcoin and 50% salary to pay my bills and also to use my money as investment in bitcoin to be honest.

CrimBit

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why not? bitcoin is the future of money, so i think better to accept bitcoin as slary than accept fiat currency.
if my company will do it, i will very happy to accept it.

Altcoinmoney

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Off course not i dont want to get salary in bitcoins becuase i dont like to get payed in bitcoins if i can payed in dollars because the value of the bitcoins can drop and the value of the dolalr cant.

GermanFoobla

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For me it would not be a smart thing to be receiving my salary in Bitcoin because it would be to much work to trade them in all of the time.
It is better to just receive my salary in a normal way and Bitcoin on the side.

rektDude

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This is some stupid quiestions because i know for sure that lots of peopel dont want to get bitcoins instead of dollars as their salary and that is only becuase i know that people loves cash and just want to play with bitcoins.

Bitcoinbro

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I wouldn't like to receive my salary in bitcoin cause receiving salary in bitcoin means losing out on money cause you have to exchange your bitcoin back every time to pay the bills and this costs fees so until I can pay with bitcoin my bills then i wouldn't like it.

Roboabhishek

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Quote from: jonahmarieaton101 on September 24, 2016, 11:54:08 AM

if there's an opportunity, why not? Because this is the example for the improvement and how great the bitcoin help the country. But it will take a long time for that. Maybe soon, if the bitcoin is stable.

i have heard this is already a reality with https://www.bitwage.com/ haven't tired them but i think few companies are already paying their remote employ via this in bitcoin.

I think it is no wonder that companies or sites related to bitcoin give salaries to their employees using bitcoin. because they do business with bitcoin, I would be amazed if their company is not related to bitcoin but they pay their employees using bitcoin

Exactly and we can expect that only IT companies will prefer to pay their employees in bitcoins but we cannot expect that all companies will follow the same procedure.

Not really because if businesses will be fully educated on bitcoin they will surely use this as a payment method because it can give benefits to them to make the work faster, and if they have more employees in different part of the world it could be helpful to them.

I think so too. If bitcoin becomes a bit stable, the first one to adopt bitcoin as payment for salary would be international companies outsourcing their work. They can save a lot if they pay their employees in bitcoin. Others will follow as well. But that can only happen if bitcoin becomes a little bit more stable.

I don't think that bitcoins will ever become stable in future and price volatility will always be a part of bitcoin ecosystem and it will long time for companies to start paying their employees in bitcoins.

That's the truth, Bitcoin can disapear in the future, but for now it's not a bad idea get your salary in Bitcoin since you have a lot of options to invest with the coin and you will pay less taxes and you can be your own bank.

What makes you think that bitcoin will disappear in future ?
As far as I know bitcoin is an algorithm then how can it disappear tell me.

Since no one has the access to your wallet , not even bitcoin creator.

gerXhonza

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Quote from: crairezx20 on October 04, 2016, 12:22:02 PM

Quote from: Aamir1 on October 04, 2016, 12:13:10 PM

Quote from: Rastaman2016 on October 03, 2016, 04:38:15 PM

At the moment in my country to live bitcoin will not work. The lack of infrastructure is one of the reasons.

Receiving your salary in bitcoins does not mean you will have to live your life with bitcoins means to spend bitcoins, but to save most of them or use them for trading and convert the amount you need to spend to your home currency if it is not accepted around you.

Its always the best if you receive salary in fiat than bitcoin since we dont know how long bitcoin will live long..
Since this is just alternative payment process because of value in the market we can use bitcoin as alternative,.
If there is a job online that can pay salary in bitcoin that stable job. it is good but i dont see any stable job online that paying bitcoin.

Yeah at a moment there is no job that can give you stable income in bitcoin apart from signature campaign and it cannot be treated as an primary income as it won't take care of your living.

crairezx20

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Quote from: Aamir1 on October 04, 2016, 12:13:10 PM

Quote from: Rastaman2016 on October 03, 2016, 04:38:15 PM

At the moment in my country to live bitcoin will not work. The lack of infrastructure is one of the reasons.

Receiving your salary in bitcoins does not mean you will have to live your life with bitcoins means to spend bitcoins, but to save most of them or use them for trading and convert the amount you need to spend to your home currency if it is not accepted around you.

Its always the best if you receive salary in fiat than bitcoin since we dont know how long bitcoin will live long..
Since this is just alternative payment process because of value in the market we can use bitcoin as alternative,.
If there is a job online that can pay salary in bitcoin that stable job. it is good but i dont see any stable job online that paying bitcoin.

Aamir1

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Quote from: Rastaman2016 on October 03, 2016, 04:38:15 PM

At the moment in my country to live bitcoin will not work. The lack of infrastructure is one of the reasons.

Receiving your salary in bitcoins does not mean you will have to live your life with bitcoins means to spend bitcoins, but to save most of them or use them for trading and convert the amount you need to spend to your home currency if it is not accepted around you.

anaderwan

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Nope at least not for all of it. Bitcoin is way too volatile "although being relatively quiet nowadays" to keep my hard-earned money in it. Sure, the bitcoin price is slowly rising and probably would do this on long-term, but what goes up must come down. I don't want to be with all my money when that happens.

Drago2016

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Quote from: JessicaSe on October 01, 2016, 02:26:13 PM

Quote from: tabas on October 01, 2016, 10:47:02 AM

Quote from: bamboylee on October 01, 2016, 10:25:07 AM

Quote from: rekinthis on October 01, 2016, 09:45:04 AM

Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no

Of course we will say no because of stability issues. But we are signature campaigners, and we are now already receiving bitcoin as payment for our services and we have no issues with that. If the price dumps then we get paid lower in value, but if it pumps we get higher in value.

That is going to be fine if you worked for bitcoin worked then you are going to get paid with bitcoin but for your real job of course it is not going to be a good idea if you are going to receive your salary with bitcoins. But if you are going to be a risk taker and you see that the price is increasing today, this is going to be fine.

No can afford to put their monthly income at risk by getting paid in bitcoins, we can't take any risk in something which can put our financial reputation at stake.

Bitcoin has not deserved such attention to be able to fully pass on the bitcoin. This is a very big risk. And I agree with your opinion.

Rastaman2016

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At the moment in my country to live bitcoin will not work. The lack of infrastructure is one of the reasons.

JessicaSe

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Quote from: tabas on October 01, 2016, 10:47:02 AM

Quote from: bamboylee on October 01, 2016, 10:25:07 AM

Quote from: rekinthis on October 01, 2016, 09:45:04 AM

Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no

Of course we will say no because of stability issues. But we are signature campaigners, and we are now already receiving bitcoin as payment for our services and we have no issues with that. If the price dumps then we get paid lower in value, but if it pumps we get higher in value.

That is going to be fine if you worked for bitcoin worked then you are going to get paid with bitcoin but for your real job of course it is not going to be a good idea if you are going to receive your salary with bitcoins. But if you are going to be a risk taker and you see that the price is increasing today, this is going to be fine.

No can afford to put their monthly income at risk by getting paid in bitcoins, we can't take any risk in something which can put our financial reputation at stake.

bamboylee

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Quote from: darklus123 on October 01, 2016, 10:26:27 AM

Quote from: rekinthis on October 01, 2016, 09:45:04 AM

Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no

What certain things that makes you consider that it is really a bad idea. If you are going to see things in a wider range you can really see that there would be no difference at all if you convert US$ for your currency cause it also fluctuates.

That only applies to people outside of USA. But if you are in US, then it will be an annoyance to deal with volatility and converting to fiat. But for me, I received dollars and convert it to local currency. So it does not matter if I receive it in bitcoin or dollars.

Nimbulan

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Quote from: Wendigo on October 01, 2016, 09:08:17 AM

Another downside of receiving your monthly salary in Bitcoin is the fees you will be paying at Bitcoin exchanges upon converting the coins back to cash. This is something that puts me off when thinking about going fully into Bitcoin. All these fees and surcharges are unnecessary and honestly I would prefer to use fiat for my salary directly and exchange to Bitcoin from there when needed.

then just hold your bitcoins for the future, in this way you might get a chance to use bitcoins in the shops in the future

tabas

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Quote from: bamboylee on October 01, 2016, 10:25:07 AM

Quote from: rekinthis on October 01, 2016, 09:45:04 AM

Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no

Of course we will say no because of stability issues. But we are signature campaigners, and we are now already receiving bitcoin as payment for our services and we have no issues with that. If the price dumps then we get paid lower in value, but if it pumps we get higher in value.

That is going to be fine if you worked for bitcoin worked then you are going to get paid with bitcoin but for your real job of course it is not going to be a good idea if you are going to receive your salary with bitcoins. But if you are going to be a risk taker and you see that the price is increasing today, this is going to be fine.

SquallLeonhart

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Quote from: tygeade on October 01, 2016, 10:00:30 AM

Quote from: rekinthis on October 01, 2016, 09:45:04 AM

Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no

Exactly, this is not the right time to accept salary in bitcoin, as the popularity of bitcoin is limited and it is not widely used and accepted and we still need fiat to take care of our spendings.

Well I guess I am going to change my mind because the price of bitcoin now is increasing and I can say that is going to be a good decision if we are going to accept bitcoins as our salary. Because if our salary costs $100 and you are going to receive that by means of bitcoin then possibly that you are going to have profit when the price keeps on increasing.

Just keep one thing in mind that price rise is not permanent, you cannot expect that price will always rise and will never fall back in future, after all its your call, you can go with your convenience.

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