Bitcoin Forum

Why are people here so cheap? i read the service section almost daily, and everyone wants help with something but wants to pay pennies. 1$ an hour to browse internet and do a spreadsheet, or .001 to help with website, and another guy paying .01 to help find bugs on his dice site. theres multiple other offers on here but again most of them pay hardly anything.

im not posting to be an ass, i just wanna know how many of you grew up with parents who ran chinese sweat shops?

This forum is not really exclusive and you've got young people who are willing to work for shit all to get their first slice of bitcoin. People also do these sorts of things just to have something to do. It's better to earn money doing something then nothing. I personally would either work for a decent amount of money or do something for free.

The UN has not ratified a global minimum wage.

It's supply vs. demand.  There are a lot of people here with no jobs that have nothing to do all day.  If they have the skills, why not work for less than the competition?

if ya want good work, then my advice is to pay up. otherwise the only people who will be applying to help in most cases will be the bottom of the class types

That's disappointing, they really should make one.

Because he/she knows that his or her quality is "cheap"
If someone put high price than he/she can make a "high" quality

Sure, if you want a whole bunch of people to be unemployed. Minimum wage laws aren't coupled with forced employment laws.

Not necessarily true.

Because many of the members willing to work for less are 1) those in countries with a low average wage or 2) teenagers looking to earn money online.

Yep, a valid question.... with a lot of answers.
It's obviously supply vs demand. And demand is (too) high.
And why is that? Some have no job, no skills and a lot of time. They may even make multiple accounts only to get pennies.
Some dream that the BTC "dust" they get now may worth real money in a (very) few years.

Also I'd guess that not all those "transactions" are succesfull...

Yeah fair call, minimum wage is bad enough as it is in most countries if they have one.

im liking the responses so far. im still shocked that ppl can sleep at night offering so little money to others for quality work that in the real world(not internet) people would be paid very well for.

I personally don't really care about pay also because it advances my personal knowledge by creating things for other people. If I sat there just bitching that the money wasn't worth my time then I wouldn't learn anything. I used to spend hours making PHP scripts for $1, and due to that, I've heavily advanced my PHP knowledge since then.

while i agree with you that advancing your knowledge helping someone out for cheap is cool and all, but it still does not disguise the fact that the wages offered here are not good.

I wouldn't go out of my way to do a job here, but if I had free time then might as well. You won't really make a living wage on this forum by just crawling through the services thread though. People know they can get away with offering shit all, so why would they bother offering more :P?

In the corporate world it's very cheap, but hey look what that brought us.
For me it's not all about money, it's also tributing and building the crypto community.
Ofcourse some people are taking advantage of the low rates, but in the end it's all about supply and demand.

Free market makes this possible.

For a side is a good thing, for the other not so much. As everything in life thou.

because there are people from all around the world here


$1/hour is more than some 3th world people earn, because the dollar is overvalued for them

Earning $1 here for 3rd world people is a lot.

or

Some teens are looking for money, like students etc.

Well, for me, I like offering services cheap because it attracts more employers.
Though right now I still have none :(

Like vod said supply vs demand. Members are so many here but there is no much service to be offered

and hey, "why would they pay for more if they can have someone to do it for less"

You are right supply VS Demand is the first key to consider plus the competition coming from members who are well educated with updated skills  living in the corner of the third world as well as in ()Asia ()Africa.

True, I'm a highschool student myself!
And theres not much I can offer but programming and writing
and maybe other stuff people would find me qualified for.

offering your services for cheap is totally different. if you offer then you asked for the cheap pay, but these people who advertise to pay bad wages are knowingly screwing people over. yes i realize if you can get it done cheap then why not do it. ive thought of all this before even making this post.

The people that work for "bad wages" instead of negotiating for "good wages" are knowingly screwing themselves.

i cannot argue that. the question was more geared towards users that post shitty rates though, not users that offer their services for cheap

That's true but since people get so desperate for work they take the offer immediately.

I bet that if you really want to do something that's good for all community, you will find here someone who can help you for free.

Desperate for work or income? Those are not the same thing.

if you demand on high rate there will always be some people that will offer lower rates than you so probably the payment will go in the most cheapest  :-\

It's mostly because there is a vast difference in different economics (like what TBZ and others have said). $1 an hour is a lot in places like India as an average McDonald's crew get paid like $0.50 per hour there.  (http://www.huffingtonpost.com/2014/05/15/global-mcdonalds-protests_n_5324938.html)

That's how a free market works.

No matter the amount offered for the job, there are always people who are looking to scoop up a few bucks.

In some cases the community is quite helpful and will offer to do it for free.

10 dollars can be a month pension for 3rd world man. If he has skills it is perfect opportunity for him. This is called outsourcing. That's why big companies are producing in China etc. :)

Why do people post low offers? Probably because they believe that somebody in some corner of the world would take it. If their offer is too low and nobody is interested then they will raise it a little and try again.

No union wages here. Pure global supply and demand.
 

Desperate for work to have an income, unless I'm exaggerating.

But that's how some people here act.

Its all menial type work. Its the same reason US companies move building toys to china and other countries. They will do it for cheap and who cares about the quality.

Trust me there is no one looking for an engineer with 2 degrees paying .001 btc for something. Its all website menial labor so why pay more than you need to.

I suggest it is time to value the work being delivered (and be grateful for it) than to value it by its price tag. Have you seen a 90% discount being offered by a high street designer label store? I have.

In any case money is one of the illusions we have. Which is why it currently exists more as numbers in bank computers than liquid cash. Imagine all of a bank's customers running to draw all of their funds on a day ? The bank will vanish.

And altcoins have already proven and benefited from this illusion.

I am all praise for folks here willing to do work at a rate that looks shit in downtown Chicago. I suggest we respect them for what they are doing.