Would you like to receive your salary in BTC? - page 22.

peta4e

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Quote from: jonahmarieaton101 on September 24, 2016, 10:54:08 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.

It can help the country only if Government stands in its support and I don't think that's ever gonna happen and if Government will not support it you will never find direct places to spend them.

jonahmarieaton101

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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.

iqlimasyadiqa

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Quote from: thejaytiesto on September 24, 2016, 09:39:59 AM

The problem of receiving your salary in Bitcoin is that you are going to have to report it all anyway if you want to buy anything of a decent amount like a car or let alone real state, so you are going to be depending on that, also the price fluctuations are too hardcore.

If everyone got paid in BTC, 1 BTC would be worth millions and the price would be so stable.

correctly . pricing bitcoin is unpredictable. it is the most attention of all people. we can not confirm the price movement bitcoin.

lanslans

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Of course not, i'm choose fiat. cause price btc isn't stable and very fluctuating in a day

Shibashi Dogemoto

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Quote from: thejaytiesto on September 24, 2016, 09:39:59 AM

The problem of receiving your salary in Bitcoin is that you are going to have to report it all anyway if you want to buy anything of a decent amount like a car or let alone real state, so you are going to be depending on that, also the price fluctuations are too hardcore.

If everyone got paid in BTC, 1 BTC would be worth millions and the price would be so stable.

I don't think that will ever happen and even if it happens it will take long time and may be till that point of time bitcoin would have been replaced by some new and innovative currency.

thejaytiesto

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The problem of receiving your salary in Bitcoin is that you are going to have to report it all anyway if you want to buy anything of a decent amount like a car or let alone real state, so you are going to be depending on that, also the price fluctuations are too hardcore.

If everyone got paid in BTC, 1 BTC would be worth millions and the price would be so stable.

JessicaSe

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Quote from: dunfida on September 24, 2016, 09:36:03 AM

Quote from: gerXhonza on September 24, 2016, 08:04:06 AM

Quote from: cryptor0th on September 24, 2016, 07:41:00 AM

I would much rather receive my payments in Bitcoin as it makes my life a whole lot simpler. I have been working with conventional banking systems for a number of my ventures and the amount of time it takes to get the tiniest things done is nerve wrecking. The convenience and speed of the blockchain is unravelled when it comes to global economies interacting with each other. If anything, the financial system is a good example of how systems thrive in the absence of a government intervening at every step.

If you start accepting salary in bitcon then how would you react if you see lower price on pay day? What will you do if you need money desperately? Will you wait for the right time to sell them or will your prefer to sell them for loss?

Thats the risk most people here are complaining about if we intend to accept bitcoin as our salary since the main basis there is the movement of its price and we dont want to see our salaries are being affected because of bitcoins price inflation and deflation. Thats why its not a wise decision to accept bitcoin as our salary.

A person with a good state of mind will never go for it as he is aware about the drawbacks attached with it and its putting yourself and your family at risk if you choose to accept salary in bitcoins.

dunfida

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Quote from: gerXhonza on September 24, 2016, 08:04:06 AM

Quote from: cryptor0th on September 24, 2016, 07:41:00 AM

I would much rather receive my payments in Bitcoin as it makes my life a whole lot simpler. I have been working with conventional banking systems for a number of my ventures and the amount of time it takes to get the tiniest things done is nerve wrecking. The convenience and speed of the blockchain is unravelled when it comes to global economies interacting with each other. If anything, the financial system is a good example of how systems thrive in the absence of a government intervening at every step.

If you start accepting salary in bitcon then how would you react if you see lower price on pay day? What will you do if you need money desperately? Will you wait for the right time to sell them or will your prefer to sell them for loss?

Thats the risk most people here are complaining about if we intend to accept bitcoin as our salary since the main basis there is the movement of its price and we dont want to see our salaries are being affected because of bitcoins price inflation and deflation. Thats why its not a wise decision to accept bitcoin as our salary.

bamboylee

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Quote from: tampazeus on September 24, 2016, 07:37:26 AM

Quote from: doomistake on September 24, 2016, 07:35:25 AM

Maybe just 50% of my salary would be nice because we also need cash in time since most of the people working have their own family to support and you know having a family is not that easy because you have to buy that, that, and that and other stuffs that needs in your home that's why I think it would be better if only the half of our salary would be in bitcoin and the other half would be on cash.

If companies prefers to pay you in both the ways then its good to accept a part of salary in bitcoins, but still I will prefer to accept only 20% of salary in bitcoins as I need more of fiat for my daily expenses.

20% is good. It is just like automatically deducting you for an investment.

Quote from: cryptor0th on September 24, 2016, 08:23:11 AM

Quote from: gerXhonza on September 24, 2016, 08:04:06 AM

Quote from: cryptor0th on September 24, 2016, 07:41:00 AM

I would much rather receive my payments in Bitcoin as it makes my life a whole lot simpler. I have been working with conventional banking systems for a number of my ventures and the amount of time it takes to get the tiniest things done is nerve wrecking. The convenience and speed of the blockchain is unravelled when it comes to global economies interacting with each other. If anything, the financial system is a good example of how systems thrive in the absence of a government intervening at every step.

If you start accepting salary in bitcon then how would you react if you see lower price on pay day? What will you do if you need money desperately? Will you wait for the right time to sell them or will your prefer to sell them for loss?

I think I didn't clarify sufficiently and I apologize for the same.
I already work with people around the globe and they send me money on a routine basis. If its via bitcoin I can just exchange it instantly and lose nothing in the process. If its through banks it takes much longer to come. I do not hodl Bitcoin so the exposure is much lower for me.

Hope this clarifies my stance.

This is a good example on how bitcoin can be a great help in global economy. I hope employers will start to use bitcoin so that we bitcoin users will have a choice to accept fiat or bitcoin.

terman45x

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I will not prefer to accept my salary in bitcoin at least for next few years, as there is no development of bitcoin in my county yet and I don't see it happening very soon.

cryptor0th

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Quote from: gerXhonza on September 24, 2016, 08:04:06 AM

Quote from: cryptor0th on September 24, 2016, 07:41:00 AM

I would much rather receive my payments in Bitcoin as it makes my life a whole lot simpler. I have been working with conventional banking systems for a number of my ventures and the amount of time it takes to get the tiniest things done is nerve wrecking. The convenience and speed of the blockchain is unravelled when it comes to global economies interacting with each other. If anything, the financial system is a good example of how systems thrive in the absence of a government intervening at every step.

If you start accepting salary in bitcon then how would you react if you see lower price on pay day? What will you do if you need money desperately? Will you wait for the right time to sell them or will your prefer to sell them for loss?

I think I didn't clarify sufficiently and I apologize for the same.
I already work with people around the globe and they send me money on a routine basis. If its via bitcoin I can just exchange it instantly and lose nothing in the process. If its through banks it takes much longer to come. I do not hodl Bitcoin so the exposure is much lower for me.

Hope this clarifies my stance.

gerXhonza

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Quote from: cryptor0th on September 24, 2016, 07:41:00 AM

I would much rather receive my payments in Bitcoin as it makes my life a whole lot simpler. I have been working with conventional banking systems for a number of my ventures and the amount of time it takes to get the tiniest things done is nerve wrecking. The convenience and speed of the blockchain is unravelled when it comes to global economies interacting with each other. If anything, the financial system is a good example of how systems thrive in the absence of a government intervening at every step.

If you start accepting salary in bitcon then how would you react if you see lower price on pay day? What will you do if you need money desperately? Will you wait for the right time to sell them or will your prefer to sell them for loss?

cryptor0th

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I would much rather receive my payments in Bitcoin as it makes my life a whole lot simpler. I have been working with conventional banking systems for a number of my ventures and the amount of time it takes to get the tiniest things done is nerve wrecking. The convenience and speed of the blockchain is unravelled when it comes to global economies interacting with each other. If anything, the financial system is a good example of how systems thrive in the absence of a government intervening at every step.

tampazeus

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Lick me like a lolipop

Quote from: doomistake on September 24, 2016, 07:35:25 AM

Maybe just 50% of my salary would be nice because we also need cash in time since most of the people working have their own family to support and you know having a family is not that easy because you have to buy that, that, and that and other stuffs that needs in your home that's why I think it would be better if only the half of our salary would be in bitcoin and the other half would be on cash.

If companies prefers to pay you in both the ways then its good to accept a part of salary in bitcoins, but still I will prefer to accept only 20% of salary in bitcoins as I need more of fiat for my daily expenses.

coszy

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Perhaps part of the salary could be obtained in Bitcoin, it is this amount that I would have to spend to purchase and invest in bitcoin. But the rest of the money needed real, as in our society, yet there are still real money.

doomistake

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Maybe just 50% of my salary would be nice because we also need cash in time since most of the people working have their own family to support and you know having a family is not that easy because you have to buy that, that, and that and other stuffs that needs in your home that's why I think it would be better if only the half of our salary would be in bitcoin and the other half would be on cash.

umaOuma

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Quote from: BeGoods on September 24, 2016, 06:54:17 AM

Quote from: socks435 on September 22, 2016, 01:01:38 PM

Quote from: gkv9 on September 22, 2016, 12:54:35 PM

Quote from: Chrismeister on September 21, 2016, 11:15:12 AM

Nope, I do not think its easy to do and I also think we are right now still far from it, the most people will also not like it right now.
Its just too early to do this maybe in the far future it will be done but the bitcoin first needs to get bigger.

That's not the reason why people would not take their salary in BTC but the only problem here is, they are scared of getting this thing dumped possibly as there will be many who will start getting paid in BTC if this gets implemented, and so sells will obviously take place instead of more buys...

They are afraid for the price will go down thats why they dont want to accept and receive salary in bitcoin. for me if they are giving more in bitcoin i will choose bitcoin and i want to relay in the present price so that i am not lose.. and i will exchange it fast into fiat if i feel that the price of bitcoin right now is not safe..

of course many people fear is that a fluctuation of bitcoin, where prices are very likely go down very quickly, and maybe after you get a salary in bitcoin then the price of bitcoin down due to fluctuations, of course it is feared many people, because it will make a loss for you, even though you have the possibility to profit as well, but I think people would prefer to stable salary

Exactly, no one will prefer to risk their income by accepting salary in bitcoin as if price goes half of today then you will receive half salary which can affect you financially.

buxlover

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Quote from: biggbox on June 11, 2016, 07:44:10 PM

If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment.

I do not mind receiving, say, 20% of my pay in BTC denomination.

Definitely i would get my salary in Btc. In my view Bitcoin is just another currency like usd, inr, gbp, etcc.. So whats wrong in getting them as salary, why do you want to get only 20% of your pay in btc? Are you afraid of converting them to your fiat when required or you hesitate because of the volatility in bitcoin price.

BeGoods

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Quote from: socks435 on September 22, 2016, 01:01:38 PM

Quote from: gkv9 on September 22, 2016, 12:54:35 PM

Quote from: Chrismeister on September 21, 2016, 11:15:12 AM

Nope, I do not think its easy to do and I also think we are right now still far from it, the most people will also not like it right now.
Its just too early to do this maybe in the far future it will be done but the bitcoin first needs to get bigger.

That's not the reason why people would not take their salary in BTC but the only problem here is, they are scared of getting this thing dumped possibly as there will be many who will start getting paid in BTC if this gets implemented, and so sells will obviously take place instead of more buys...

They are afraid for the price will go down thats why they dont want to accept and receive salary in bitcoin. for me if they are giving more in bitcoin i will choose bitcoin and i want to relay in the present price so that i am not lose.. and i will exchange it fast into fiat if i feel that the price of bitcoin right now is not safe..

of course many people fear is that a fluctuation of bitcoin, where prices are very likely go down very quickly, and maybe after you get a salary in bitcoin then the price of bitcoin down due to fluctuations, of course it is feared many people, because it will make a loss for you, even though you have the possibility to profit as well, but I think people would prefer to stable salary

DPAY2016

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Not nowadays. If bitcoin price in future will be stable (if this could happen), maybe yes.

Topic: Would you like to receive your salary in BTC? - page 22. (Read 49117 times)