Bitcoin Forum
May 11, 2024, 09:42:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 [51] 52 53 54 55 56 57 58 »
  Print  
Author Topic: Would you like to receive your salary in BTC?  (Read 49080 times)
madwica
Hero Member
*****
Offline Offline

Activity: 714
Merit: 531


View Profile
October 17, 2016, 09:11:54 AM
 #1001

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.
1715463745
Hero Member
*
Offline Offline

Posts: 1715463745

View Profile Personal Message (Offline)

Ignore
1715463745
Reply with quote  #2

1715463745
Report to moderator
1715463745
Hero Member
*
Offline Offline

Posts: 1715463745

View Profile Personal Message (Offline)

Ignore
1715463745
Reply with quote  #2

1715463745
Report to moderator
"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
JITENDERPAR3
Full Member
***
Offline Offline

Activity: 336
Merit: 100


View Profile
October 17, 2016, 09:43:16 AM
 #1002

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. Smiley 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 .
greBit
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile
October 17, 2016, 09:59:15 AM
 #1003

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. Smiley 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.
Grobogan
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
October 17, 2016, 10:10:12 AM
 #1004

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.
abayan
Sr. Member
****
Offline Offline

Activity: 686
Merit: 260



View Profile
October 17, 2016, 10:27:04 AM
 #1005

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!

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄           ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
Shibashi Dogemoto
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000


View Profile
October 17, 2016, 10:29:39 AM
 #1006

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.
bamboylee
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 504


View Profile
October 17, 2016, 10:33:05 AM
 #1007

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. Smiley 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.
co5hike
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
October 17, 2016, 10:56:20 AM
 #1008

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. Smiley 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.
Hoor
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
October 17, 2016, 12:03:19 PM
 #1009

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.
Noctis Connor
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 540


View Profile
October 17, 2016, 12:34:57 PM
 #1010

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 Smiley 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.
sobsitesearch
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
October 17, 2016, 01:55:01 PM
 #1011

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.
drwtsn32
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
October 17, 2016, 02:14:39 PM
 #1012

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.
rik3
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
October 17, 2016, 02:15:18 PM
 #1013

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. Smiley 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.....

Fatamorgana
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 17, 2016, 02:50:32 PM
 #1014

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.
Rahar02
Hero Member
*****
Offline Offline

Activity: 910
Merit: 523


View Profile
October 17, 2016, 03:19:39 PM
 #1015

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. Smiley 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.
tygeade
Legendary
*
Offline Offline

Activity: 2100
Merit: 1058



View Profile
October 17, 2016, 09:23:54 PM
 #1016

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. Smiley 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.

diodio5
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
October 17, 2016, 10:59:42 PM
 #1017

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
danherbias07
Legendary
*
Offline Offline

Activity: 3122
Merit: 1119


Leading Crypto Sports Betting & Casino Platform


View Profile
October 17, 2016, 11:24:02 PM
 #1018

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.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
newcoins1978
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
October 18, 2016, 07:30:27 AM
 #1019

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.
Alauria
Full Member
***
Offline Offline

Activity: 131
Merit: 100


View Profile
October 18, 2016, 08:06:18 AM
 #1020

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,
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 [51] 52 53 54 55 56 57 58 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!