Bitcoin Forum

Economy => Speculation => Topic started by: Kazimir on December 01, 2013, 10:46:18 AM



Title: Chinese get their paychecks 1st of the month?
Post by: Kazimir on December 01, 2013, 10:46:18 AM
Is it true that people in China typically get their salaries paid the 1st of the month?

(Because in that case, we're in for a ride ;))


Title: Re: Chinese get their paychecks 1st of the month?
Post by: PersianCoffee on December 01, 2013, 11:02:49 AM
Not sure, but in the UK / US that is often the case (end of the month, or beginning of the month).

And since this month that falls on a weekend, many banks wont clear it until Monday.

So the fun starts next week ;)


Title: Re: Chinese get their paychecks 1st of the month?
Post by: bootlace on December 01, 2013, 11:20:38 AM
I might be remembering wrong but I think it was the first Friday of the first week of the month - so it would be the 6th in this case.


Title: Re: Chinese get their paychecks 1st of the month?
Post by: Mirsad on December 01, 2013, 11:25:04 AM
Dellusion -> Fear -> Panic  ;D

Allways the same. The Great Crash has finally arrived.
Drop the shitty Coins and join the heaven of lovely fiat.


Title: Re: Chinese get their paychecks 1st of the month?
Post by: seanneko on December 01, 2013, 11:56:30 AM
Dellusion -> Fear -> Panic  ;D

Allways the same. The Great Crash has finally arrived.
Drop the shitty Coins and join the heaven of lovely fiat.

Welcome to my ignore list.


Title: Re: Chinese get their paychecks 1st of the month?
Post by: Mirsad on December 01, 2013, 05:17:28 PM
I probably should use IRONY-Tags next time..
Especially the part with the fiat heaven  ::)


Title: Re: Chinese get their paychecks 1st of the month?
Post by: Crazy on December 01, 2013, 05:28:11 PM
It's the 1st of the moooonnntttthhhhh

https://www.youtube.com/watch?v=4j_cOsgRY7w

How's that for a nod to the success of public service, eh desert_beagle? :X


Title: Re: Chinese get their paychecks 1st of the month?
Post by: exstasie on December 01, 2013, 05:33:45 PM
I'm sure like lots of place, if they get paid monthly, they will get paid the last day, or first day of the month.
We'll see if it has a major impact!


Title: Re: Chinese get their paychecks 1st of the month?
Post by: papaminer on December 01, 2013, 05:40:17 PM
Dellusion -> Fear -> Panic  ;D

Allways the same. The Great Crash has finally arrived.
Drop the shitty Coins and join the heaven of lovely fiat.

Welcome to my ignore list.


same


Title: Re: Chinese get their paychecks 1st of the month?
Post by: crazy_rabbit on December 01, 2013, 05:53:27 PM
I'm sure like lots of place, if they get paid monthly, they will get paid the last day, or first day of the month.
We'll see if it has a major impact!

In the US people have had money they've been waiting for since last monday to arrive on the exchanges. I think we will be in for a busy week.


Title: Re: Chinese get their paychecks 1st of the month?
Post by: byronbb on December 02, 2013, 03:22:39 AM
I am more interested in the Chinese New Year. Jan 29th.


Title: Re: Chinese get their paychecks 1st of the month?
Post by: Dodgers on December 02, 2013, 06:25:05 AM
I am more interested in the Chinese New Year. Jan 29th.
Dont forget that many Asian countries pay a 13th salary in either December or January, so effectively they will have double money.
Singapore mostly pays it's extra pay-packet in December, but some companies pay for Chinese New year.

This may or may not have an impact….hence posting it in Speculation.   :-\