Would you like to receive your salary in BTC? - page 7.

20kevin20

legendary

Activity: 1134

Merit: 1599

Quote from: Alauria on October 18, 2016, 03:06:18 AM

I wuld never receive my ssalary in bitcoins and do you know why because i dont like to see my salary going down you know and that is why i dont want to receive it because i
dont want to lose my money in just couple of days,

Lol, Bitcoin doesn't go down that easy. We've seen a lot of spikes, that's right.. But the price going down doesn't always mean it'll stay there (as you can see, it went down to $200 months ago and now it's $650).

Alauria

full member

Activity: 131

Merit: 100

I wuld never receive my ssalary in bitcoins and do you know why because i dont like to see my salary going down you know and that is why i dont want to receive it because i
dont want to lose my money in just couple of days,

newcoins1978

sr. member

Activity: 406

Merit: 250

Quote from: TheUltraElite on September 08, 2016, 12:43:51 AM

I would never accept bitcoin as salary. This is because I use my salary to buy daily necessities of life like bread and butter, pay the bills etc. To pay in bitcoin would mean a huge hassle because none of the local stores here accept bitcoin at all. Also converting them to fiat is tough and would mean taxation fees which are also huge.

I would never not accept Bitcoin as an salary at this moment because the Bitcoin is not stable which means that your salary is also not going to be stable.
Maybe when Bitcoin is more reliable I could accept it as a salary.

danherbias07

legendary

Activity: 3346

Merit: 1134

Leading Crypto Sports Betting & Casino Platform

The hard work of us could risk everything here. If you are paid monthly it will be more painful if suddenly a bad thing happen in bitcoin industry. It is still better to accept what is mostly used to prevent that risk and just exchange it yourself when you feel it.

diodio5

hero member

Activity: 490

Merit: 500

Quote from: 18thacccount on October 15, 2016, 03:26:30 AM

I do not want to receive all my salary in Bitcoins or a big portion of it because there is not much that I can do worth them I can't pay my bills and other stuff with them therefore would need to exchange it. It would not make much sense to make them that way in my opinion.

I thought you could use it for investment lol. but it is not possible to use the entire salary for investment continue to occur,
of course you'll need money to pay for necessities, so I think salary in bitcoin, not suitable today

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Rahar02 on October 17, 2016, 10:19:39 AM

Quote from: rik3 on October 17, 2016, 09:15:18 AM

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.

No I Don't Want to Receive My Salary in Bitcoins Because of the Following Reasons:-
1) Bitcoin Price is Not Stable And If the Price of Bitcoin Drop After I Received My Salary Then I Am in Loss....
2) It is Difficult To Convert Btc into Fiat in My Area and Also A Fees is Charged When Converting My Bitcoins Into My Local Currency.....

You're right, for now bitcoin has several laxity like you said, include it's not accepted in mostly all shops or stores in many country yet. If bitcoin could get through those issues, and then it must be in few more years and I would like to receive my salary in bitcoin.

That's right we can start accepting salary in bitcoins when it gets widely used and accepted in future and to spend them we don't have to convert it to fiat for making purchases but till that happens in reality its good to receive salary in fiat.

Rahar02

hero member

Activity: 910

Merit: 523

Quote from: rik3 on October 17, 2016, 09:15:18 AM

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.

No I Don't Want to Receive My Salary in Bitcoins Because of the Following Reasons:-
1) Bitcoin Price is Not Stable And If the Price of Bitcoin Drop After I Received My Salary Then I Am in Loss....
2) It is Difficult To Convert Btc into Fiat in My Area and Also A Fees is Charged When Converting My Bitcoins Into My Local Currency.....

You're right, for now bitcoin has several laxity like you said, include it's not accepted in mostly all shops or stores in many country yet. If bitcoin could get through those issues, and then it must be in few more years and I would like to receive my salary in bitcoin.

Fatamorgana

member

Activity: 70

Merit: 10

No and never. Who will take simply risk tell me now the price is high ok but exchange charges also there let it be it is other part but once the price went down what we will do. day by day the price is fluctuating if i recive my salary today for ex 640$ btc tomorrow morning it went to 400$ means what i have to do so. Yes i like Bitcoin but it is only part time but my salary in fiat only.

rik3

full member

Activity: 210

Merit: 100

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.

No I Don't Want to Receive My Salary in Bitcoins Because of the Following Reasons:-
1) Bitcoin Price is Not Stable And If the Price of Bitcoin Drop After I Received My Salary Then I Am in Loss....
2) It is Difficult To Convert Btc into Fiat in My Area and Also A Fees is Charged When Converting My Bitcoins Into My Local Currency.....

drwtsn32

sr. member

Activity: 476

Merit: 250

I would like that idea but as of now, I don't. Because bitcoin is still not that ripe to be relying my expenses with.
It's hard to earn money, you know. What more difficult it will be if you convert your salary to bitcoin.

sobsitesearch

sr. member

Activity: 406

Merit: 250

I am satisfied with my salary and receiving in real fiat is much better than bitcoin because bitcoin is not stable and its complicated to exchange into fiat i always go to remittance center or bank before i get my salary i do not like that.

Noctis Connor

hero member

Activity: 1008

Merit: 540

Quote from: co5hike on October 16, 2016, 07:53:02 AM

Quote from: Noctis Connor on October 16, 2016, 07:51:02 AM

Quote from: mirakal on October 14, 2016, 08:40:16 AM

Quote from: Noctis Connor on October 14, 2016, 08:31:58 AM

Quote from: Shibashi Dogemoto on October 12, 2016, 07:05:45 AM

Quote from: Noctis Connor on October 12, 2016, 07:02:37 AM

Quote from: Natlind on October 09, 2016, 05:39:04 PM

I will happy to receive my salary in BTC. I would exchange the BTC to local currency and use it for my expense and would save the rest. Since the price has started to grow now, I would hold the rest of the bitcoins and sell or exchange when the price goes high at the end of this year or in 2017. I am sure this will benefit me with more profit. Its kind of a business done with my salary.

Is there any fee's that if you are going to convert your bitcoin in to local currencies ? and use it on physical stores ? because here in my country there are no fees whenever we want to convert our bitcoin into cash because bitcoin wallet i use is partnered with banks.

Which country you belong to? As in my country I have to pay 2% conversion every time when I exchange them to fiat and I think its too high especially if you are selling in higher amount.

Philippines we are using our bitcoin wallet that based on my country we don't have fee's when we are selling our bitcoin into banks and it really fast we do have options there if we want it to become cardless withdrawal no need cards etc when you need to withdraw money.

You might not notice the fee but exchange sites does not operate for free, they are surely making money in every transaction we are making. Just try to check the buying price and the selling price so you can see and calculate how much they are making money from every transaction we do.

Yup the price of buy and sell is not really accurate on the preev.com but i really don't care about that as long i as i can withdraw my money without problem

even they are not following the real price on the preev. but if you are going to send bitcoin too theres are no fees

But I think when you are exchanging your bitcoins to fiat you have to pay certain fees to traders and if traders will not charge you fee then how he is going to earn profits from it, I am sure he is not there for charity.

Im good with the currency of bitcoin and yes we are going to exchange bitcoin into fiat also but less fees not like in we are going to accept real money then so much minus when we are going to receive it and we can also trade bitcooin in to another coins. thats the main reason why.

Hoor

member

Activity: 95

Merit: 10

yes i will surely like to receive my salary in bitcoin it will be really a very very good reeling for me, it will be my pleasure and hope that through this way we can even promote bitcoin.

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: bamboylee on October 17, 2016, 05:33:05 AM

Quote from: greBit on October 17, 2016, 04:59:15 AM

Quote from: JITENDERPAR3 on October 17, 2016, 04:43:16 AM

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.

yes , why not and with the payment as salary we have opportunity to earn some money again by waiting for some time .
still there are some chances also to get the price down but our prediction also work with our hold btc .

And what will you do if you need money desperately or price fall back to $100 or $200 will you still prefer to wait for the higher price? In that case you will sell your coins for loss as you need money for your basic needs.

That is quite intense price fall but the same can be said to the price rising to 900 or 1000. If you want to receive salary in bitcoin, you must be ready to face the risk. I think anyone who are ready to receive bitcoin as salary understand this risk by now. If you cannot take the risk, then stick to receiving salary in fiat.

Majority of users will not prefer to put their monthly income at risk by going for bitcoins as their salary as they have responsibility of their family and if you are only an earning member then it will become more difficult for you.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: greBit on October 17, 2016, 04:59:15 AM

Quote from: JITENDERPAR3 on October 17, 2016, 04:43:16 AM

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.

yes , why not and with the payment as salary we have opportunity to earn some money again by waiting for some time .
still there are some chances also to get the price down but our prediction also work with our hold btc .

And what will you do if you need money desperately or price fall back to $100 or $200 will you still prefer to wait for the higher price? In that case you will sell your coins for loss as you need money for your basic needs.

That is quite intense price fall but the same can be said to the price rising to 900 or 1000. If you want to receive salary in bitcoin, you must be ready to face the risk. I think anyone who are ready to receive bitcoin as salary understand this risk by now. If you cannot take the risk, then stick to receiving salary in fiat.

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

Quote from: abayan on October 17, 2016, 05:27:04 AM

Quote from: madwica on October 17, 2016, 04:11:54 AM

Quote from: Positid on October 17, 2016, 01:54:25 AM

Quote from: Gimo on October 16, 2016, 11:24:34 PM

My salary is 1.4 BTC, not so much but I recieve it not in BTC unfortunatly.

What country are you living by the way because if that is in our country that amount is already a salary for a managerial position. Me, I am a manager, audit manager to be specific but I only receive exactly 1 BTC as my salary excluding my allowances.

Like here in my country that amount of bitcoin is for managerial position, but for me i do not like to received my salary in fiat because bitcoin is uncertain we do not know what will happen everyday in bitcoin, i just treat bitcoin as my other source of income.

Well i do agree in you some sort of bitcoin price is really unstable that it can make your salary lower or if we are lucky it will high but what if we received our salary in bitcoin then a big drop happen? So we have nothing to do with it so i do prefer fiat than bitcoin in my salary!

Price can go either higher or lower in future and no one can predict what will exactly happen, if it goes high then its well and good but we cannot expect that it will always keep on moving in same direction.

abayan

sr. member

Activity: 686

Merit: 260

Quote from: madwica on October 17, 2016, 04:11:54 AM

Quote from: Positid on October 17, 2016, 01:54:25 AM

Quote from: Gimo on October 16, 2016, 11:24:34 PM

My salary is 1.4 BTC, not so much but I recieve it not in BTC unfortunatly.

What country are you living by the way because if that is in our country that amount is already a salary for a managerial position. Me, I am a manager, audit manager to be specific but I only receive exactly 1 BTC as my salary excluding my allowances.

Like here in my country that amount of bitcoin is for managerial position, but for me i do not like to received my salary in fiat because bitcoin is uncertain we do not know what will happen everyday in bitcoin, i just treat bitcoin as my other source of income.

Well i do agree in you some sort of bitcoin price is really unstable that it can make your salary lower or if we are lucky it will high but what if we received our salary in bitcoin then a big drop happen? So we have nothing to do with it so i do prefer fiat than bitcoin in my salary!

Grobogan

newbie

Activity: 56

Merit: 0

I will like to receive my salary in BITCOIN only if I will not have to pay for the things for which I will have to pay with fiat, as for that I will have to convert them to fiat and then I will get that fiat by banks so it will take a longer time.

greBit

hero member

Activity: 714

Merit: 500

Quote from: JITENDERPAR3 on October 17, 2016, 04:43:16 AM

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.

yes , why not and with the payment as salary we have opportunity to earn some money again by waiting for some time .
still there are some chances also to get the price down but our prediction also work with our hold btc .

And what will you do if you need money desperately or price fall back to $100 or $200 will you still prefer to wait for the higher price? In that case you will sell your coins for loss as you need money for your basic needs.

JITENDERPAR3

full member

Activity: 336

Merit: 100

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.

yes , why not and with the payment as salary we have opportunity to earn some money again by waiting for some time .
still there are some chances also to get the price down but our prediction also work with our hold btc .

Topic: Would you like to receive your salary in BTC? - page 7. (Read 49123 times)