I did not understand something with the Bitcoin

[Woshib]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

[1715003753]

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[shinratensei_]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. 

[ronaldo40]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

bitcoin prices are very volatile, so it is normal. when the price falls and I have held bitcoin. I may have to wait more patiently for the price to rise back

[NyeFe]

wait for the price to increase... and surpass whatever price you got the bitcoins at.

[poplolnman]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. 

It's worth to try if you talking about receiving salary in bitcoin, it's risky but it could make you get many advantages. You just need to analyze when the price would go down just sell it and wait for the right time to buy it back. If you just hold it at current high price then yeah you would lost your salary value.

[n691309]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Getting paid in bitcoin is risky because the price of bitcoin isn't stable, it is risky but you can get also profit, so if you were paid last month in bitcoin then this month you can see that you made profit doing nothing as the bitcoin price has been increased for $200. It's pretty same as getting paid on gold but the price changes often.

[bitcoin revo]

So I'm going to say something that hasn't been mentioned yet; if you believe in bitcoin enough to be paid with it, either you're someone who looks at bitcoin as a currency and doesn't constantly compare it to fiat or you're a hodler. Hopefully it's the first.

[X-ray]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Maybe, if bitcoin gets halving and at the same time we get paid in BTC the main this must we take is holding your btc. and wait until the price is rising don't be a panic selling on yourself.

[yayayo]

In that regard Bitcoin is no different than any other currency. For example if you are paid in Euro but live in the US the same problem might arise, because the currency you use for your daily purchases is the USD. The exchange rates of currencies fluctuate. That's actually quite easy to understand.

Your problem can only be resolved by eliminating any conversion and fiat valuation process in regard to Bitcoin. That will only happen when bitcoin becomes a dominant currency for payments, with all prices quoted only in BTC without any fiat reference. In the meantime it's worth to take the risk if you are lucky to be paid in BTC and have some fiat saved up for a rainy day just in case. Bitcoin's buying power is much more likely to increase than decrease in the long term, because Bitcoin's overall supply is limited and it is not subject to the destructive policy of central banks.

ya.ya.yo!

[QuestionAuthority]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

What would you do? Well, that's easy to explain.

You would lose a bunch of money from your paycheck. If the loss was bad enough you might not be able to pay all your bills.

What is your opinion on that?

You'd have to have shit for brains to get paid in only bitcoins unless you don't really need the money.  I wonder what the percentage of people that just work for fun is?

[NyeFe]

But the real question is, why wouldn't you convert your wages to fiat instantly? Why wouldn't your employer check the valuation of bitcoin to usd,  before paying you?

I personally wouldn't accept any constant amount of btc,  as a wage.

[delliaerd]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Hmm i think when the price of bitcoin decreases my payment also will adjust from it. I mean the payment rate also will increase . Usually the payment is amount of dollars in bitcoin. So i don't worry when bitcoin prices is goes down.
But it will be better when that prices always up

[The_prodigy]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

For me they are just relaying in the present price of bitcoin if you receive you can convert it into usd if you really dont what to take a risk.. but for me its better to holding it because bitcoin has a potencial to grow faster we already tested it because these week we already seen the price from 500 value to 600 and 600 value to 700.. this is because of block halving and bitcoins is in demand in chinese market..
So we are making a profits already.. and i think it will increase more after block halving.

[Nowl1935]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. 

Bitcoin is just like life, sometimes it fall, sometimes it rise. If the bitcoin falls down, then, there is also a time for rising. You just need to wait.

[Nouelle-Hunter]

well users of bitcoin know whats happening after all its btc doesnt have a stable value . its your choice weather to sell it or not but remember that patience is a virtue .

[MicroGuy]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

If you are concerned about volatility and wish not to speculate, you can exchange the bitcoin for fiat. Just remember to never risk any more in fiat than you are willing to lose.

~~

[iv4n]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Well if you open history books you will see something called "inflation" and there you will see what happen in some country when that happen. Its nothing new, its risk we all take everyday. In some countries its normal thing, living in fear that tomorrow you money will not worth enough to buy bread. Maybe its sounds scary, but its true. Check around google for that, don't use internet just for fun. Learn something and then try to start some conversation about it.

[wintermeasures]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

yes of course would be a loss not if there is such a thing, then I think bitcoin can not be a tool for someone's payroll. And if they do it to happen to me, of course I do not want to be paid with bitcoin. sometimes the old ways better with fiat money. Thank you

[davis196]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I wouldn`t do anything.I would just wait for the price to do up again.

If you are too afraid of price decrease,just trade your btc for USD after you get them.

If you know what you are doing,the risk is small...

 

[isen]

Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.

[Whosdaddy]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up.  

I am also collecting from when bitcoin price was at $220. But its not the problem what he is trying to sort out.

If this is a currency, others currency will never exchange with this  currency. I have an example for you guys, like 2 months before you can buy an apple using 1 BTC but now later 2 months you can buy 2 apple using 1 BTC. So why others currency will be exchanged with BTC?

Others currency have no fluctuations like this skyrocket or decrease. We need stable bitcoin price like others currency. Otherwise we will hear again like we heard at the end of 2013.

[dearbesz1219]

Basically,  if you are a beginner in bitcoin there so many things that you cannot catch up so easily.  But the very basic about this matter
is just monitor the price of Bitcoins if increasing or decreasing,  if the price goes up that's the right for you to trade then when it goes down the price that's the right for you to wait and hold and then buy Bitcoins.

[Darwin02]

In my local wallet there is no worries to bitcoin wallet. 2 wallet are available local currency and bitcoin. So if yoi worried about volatility of bitcoin you can change it any time.

[Cryptonitex]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Take the loss and accept and know that BitCoin is Volatile. I get paid every Friday in bitcoin, and since last Friday, i'm down a bit, but that's the cost of me accepting to be paid in bitcoin in the first place.

more people should do that though. the more people that treat bitcoin as a real currency, the more it'll be a real currency.

id say 90% of bitcoin users treat it as an investment... not a currency.

[ObscureBean]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Take the loss and accept and know that BitCoin is Volatile. I get paid every Friday in bitcoin, and since last Friday, i'm down a bit, but that's the cost of me accepting to be paid in bitcoin in the first place.

more people should do that though. the more people that treat bitcoin as a real currency, the more it'll be a real currency.

id say 90% of bitcoin users treat it as an investment... not a currency.

I'm just curious though as to how you do it, do you have a family, like people who depend on you financially? Do you pay bills/rent etc every month? I'm asking because I know I would be stressed out of my mind if I couldn't plan my budget because of Bitcoin volatility. Unless of course I'm making so much money that even if Bitcoin drops by half, I'm still okay.
If you live by yourself, it's not that big a deal but if you have kids to feed it's a different story.

[pandalion98]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

There is this thing called speculation.

Some people understand it and are willing to bet that BTC will be of value in the future. They already understand the risks and are willing to take it.
Some people don't want to take the risk.

[Kakmakr]

Getting paid in fiat in my opinion is more risky. Just look at what happened with other currencies like the Zimbabwean dollar and also what happened in Cyprus, when the banks took the saving of the people in their bank accounts. At least with Bitcoin, only you have access to that money, and nobody can take it away from you, or manipulate it's supply, like it suites them. ^smile^

[electronicash]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Take the loss and accept and know that BitCoin is Volatile. I get paid every Friday in bitcoin, and since last Friday, i'm down a bit, but that's the cost of me accepting to be paid in bitcoin in the first place.

more people should do that though. the more people that treat bitcoin as a real currency, the more it'll be a real currency.

id say 90% of bitcoin users treat it as an investment... not a currency.

I'm just curious though as to how you do it, do you have a family, like people who depend on you financially? Do you pay bills/rent etc every month? I'm asking because I know I would be stressed out of my mind if I couldn't plan my budget because of Bitcoin volatility. Unless of course I'm making so much money that even if Bitcoin drops by half, I'm still okay.
If you live by yourself, it's not that big a deal but if you have kids to feed it's a different story.

should get involve much if you have kids to feed really. you just have to spend the money you can afford to lose.
those btc that you earn thru signature campaign would be worth trading or gambling but not the ones you earned with your 5-9 day job.

[X-ray]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I want to hold all of off my bitcoin until getting on market board bitcoin price is rising, it's better than I try to sell if the price gets decrease.
the unstable price of bitcoin it's not a big problem for me. but you can try my way.

[Slark]

Then my advice is: if you are worried about extreme fluctuation of BTC compared to standard FIAT currencies then don't try to build your income around bitcoin alone.
Don't convert your whole paycheck to BTC but instead use some other ratio of exchange which will suit your taste better (80/20, 60/40) and you will be 'safer' in case of sudden price drop.

[Amph]

this is always a problem, even when greater stability will be reached

now think about everything you bought with bitcoin, when bitcoin was 400? you did lost value out of it, when it went to 700+

but you should treat the value of bitcoin, in the moment you use, it not with the future value that will happen

[Jmild1]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Bitcoin's volatility has advantages and disadvantages.
As what you said, if bitcoin price decrease the time you've paid then it's a bad thing and that's the disadvantage of it but if the price of bitcoin increase, aren't you happy?

It's like a gamble but a good gamble because I am pretty sure that bitcoin will go up and up as time goes by just like gold.

[ripplehd]

Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.

fiat money can't collapse the whole world uses it and its been used longer than bitcoin even the highest people use it so It shouldn't collapse if wealthy people use it they will make it last for a entire lifetime.

[pandalion98]

Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.

fiat money can't collapse the whole world uses it and its been used longer than bitcoin even the highest people use it so It shouldn't collapse if wealthy people use it they will make it last for a entire lifetime.

There's still a slim chance of it collapsing entirely.

Recently, some countries in Africa had this happen. Their entire economy collapsed, rendering their money worthless.
This just proves that even an entire nation's fiat money can collapse.

[adam48]

I think the prices go down or up is a matter of course, if the price drops and I have had a bitcoin. there is no other way but to wait for the price to increase, or you sell it and you lose, but when prices are low you can buy as much as possible.

[kik1977]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Same goes for employees around the world, they get paid in local currency and inflation eats up 10-20-30% of the purchasing power each year.. What do they do? Nothing, they just spend their money sooner than later. At least with bitcoin you can choose: keep the salary in bitcoin, exchange immediately the bitcoin salary to local currency, do 50/50.

[bitcoineverything]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

It still depends on you if you would like to receive payment in bitcoin or not. Price of bitcoin is volatile. If the price goes down, it also goes up. Bitcoin is also an investment so if you receive bitcoin, you can have it exchanged once the price goes up so you earn more.

[Jeremycoin]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

If the price down when I receive the payment, well then I'll wait til the price rise up again. Simple, right?
This is indeed a risky choice to made, bu there is a possibility that you could earn more than you earned before if you choose Bitcoin.

[ripplehd]

Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.

fiat money can't collapse the whole world uses it and its been used longer than bitcoin even the highest people use it so It shouldn't collapse if wealthy people use it they will make it last for a entire lifetime.

There's still a slim chance of it collapsing entirely.

Recently, some countries in Africa had this happen. Their entire economy collapsed, rendering their money worthless.
This just proves that even an entire nation's fiat money can collapse.

well didn't greece have a similar case where citizens couldn't use atms anymore they were closed down so they started rioting in the capital

[Jasad]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

let me talk about my opinion,
yes its might will become problem if we paid with bitcoi,then bitcoin price keep decrease,or if we paid with bitcoin then bitcoin price increase,automaticly we paid with different amount at two time. but i think its not matter if we notice that bitcoin always fluctuate,its our choice to trade bitcoin into fiat or keep it as investment.

[redsun114]

Basically,  if you are a beginner in bitcoin there so many things that you cannot catch up so easily.  But the very basic about this matter
is just monitor the price of Bitcoins if increasing or decreasing,  if the price goes up that's the right for you to trade then when it goes down the price that's the right for you to wait and hold and then buy Bitcoins.

and it doesn't matter if the price of bitcoin decrease or pump we just need to watch the prices from time to time.
If we hold it we could have a nice investment in the future, it doesn't matter if it is going down the real thing is overall always going up.

[gentlemand]

Depends on how you run your life. If you have mortgages, loans and thousands of children then you'd have to sell as soon as you got paid. If your life is pretty lightweight and you believe in its future then maybe you want to take a bet on the future.

[Hugroll]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

That is a pretty big issue in bitcoin. the volatility of the price is the big reason why people dont go all in into bitcoin. But the volatility also brings profits to bitcoin traders and long term investors so it kind of balances out.

[Dudeperfect]

I would love to receive some part of my earnings in bitcoin (at least till next few years) because of price volatility. Basically I am deep believer of this revolutionary technology and thus I can play a gamble to invest my funds as well as efforts for bitcoin and I won’t have any regret if bitcoin falls below $10 in next 5 years. There is always risk associated with something new, if you are ready to afford to lose great share then there are same chances of getting great returns.

[milewilda]

If you  intend to  recieve  bitcoin as  a payment  up  to   your work  then  you should  know  whats the risk  on  having bitcoin. You are hesitating about the price deflation of bitcoin hence  you are recieving  it as  your salary better   to keep those  bitcoin and sav up more because it  would be a really  worth thing to  do , as  other  members  memntioned here  bitcoins price is  gradually  increasing as the days goes  by  and  those saved  bitcoin of yours  would really give you decent  amounts of profits for  long term.

[Barbut]

There is a name for that, it's very simply and everyone knows it. It's "professional risk”, you work, you buy and sell, trade, play some sport, and every action have potential risks.
We all need to live with that, and you need to know that profit, gain of any kind love, kids its all depends from how much you are willing to risk.
1. If you don't risk you will not meet a girl, make love and have family.
2. If you didn't risk, you didn't buy bitcoins and you didn't earn money.

[coynedterm]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

actually not you are only in the bitcoin who is facing this problem but everyone is facing the same problem .
but i have solution for this .
if rate going down then make buy small amount of btc and if again go diwn then again make small amount buy of btc and so on .
in this way you will remain in the average price of bitcoin .

[noictib]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

if i got the payment in btc and after get the payment the price of btc decrease then i will wait for increase the price or i will use to wisely to sell it high rate to my clients ( i have many clients at WhatsApp and can take at emergency need of btc at high price ).

[Harlot]

Well the most simple solution there is if you are not a risk taker then do not go to jobs that pay bitcoin and choose fiat money that is more stable than bitcoin. Of course for risk takers the benefit of having Bitcoin as payment os yhe chance to take profit of your earning which Fiat currency do not have because  they are not volatile like cryptocurrencies.

[tee-rex]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

A lot of people are posting here for money, promoting this or that service (you and me included). It may well be a side job, if we can call it a job at all, but do you really think about it as being risky even if it is your main source of income? In my view, risky is when you chance jaywalking a busy street during rush hour. In this respect, decreasing Bitcoin price can hardly be qualified as risky.

[Techie5879]

Well, almost everything has its risks, and this volatility of BTC is one of the risks of Bitcoins. I'd suggest check the prices everyday, and whenever you feel that if you sell your BTC(s) then, you will gain more, then do just that

[btvGainer]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Any currency can devaluate any time.If you get paid USD and it crash suddenly then also you will suffer lose.It is true that bitcoin is more volatile that is why you should not entirely depend on it.Use it as extra source of income and you will always be fine

[ekoice]

Yes, its risky because when you get paid your salary in Bitcoins, when its price decreases, you will suffer a loss in your salary. Similarly, if Bitcoin price increases, you get more salary paid.Bitcoin price is highly volatile. Its not advisable to get salary in Bitcoins.

[kryptqnick]

Well, we are all aware that Bitcoin can suddenly drop the price. And yet I think that we just believe that it won't happen. Sometimes yo win and sometimes you lose. It is okay till there is this balance. Oh, and if you have around 1 BTC then it doesn't matter much, I guess, because you still have around $600.

[Zadicar]

If  we   engage  into  bitcoin  we   normally  knew  already  its disadvantages  and thats the deflation of  its price we already aware on that and   we  must  be ready  on the  price decrease  anytime because  bitcoins price is too volatile. If you dont  like  decreasing  prices then  its better not to  engage bitcoin on the first  place.

[rohmanbagol]

if you cant hold btc for long time you  can cash it into fiat so dont worry bout price will fall
but dont dissapoint too if the price go high 

[MONKEYJUNK]

The chance will be like 5% max, you will don't go broken because some dollars.

I think that people that earn in bitcoin have a good ammount saved and are holding it for long time.

[Boss CJ]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. 

Bitcoin is just like life, sometimes it fall, sometimes it rise. If the bitcoin falls down, then, there is also a time for rising. You just need to wait.

They are right. Don't en cash it until the price increases. It is just like investing money on market don't ever get your money when the market fluctuates and vice versa. You have to know the trend in terms of investment. It is kinda same.

[SamMurphy]

You have to be careful, because you can earn or you can lose money. But the most important think is that you will learn something about bitcoin, it doesn't matter if it will be good or bad, you will have a information about payments with bitcoin. If you never risk you will never know and learn. 

[requester]

quit unrealistic because bitcoin us getting popular day by day and many more companies are accepting bitcoin  and so demand will keep increasing and definitely price will increase. so there will be no such incident where price will be low overall. well sometimes price Erik be low but overall it's price will be increasing.

[johnnyyash]

well to me if it happen there is an decrease in btc,i will just have to wait untill the price comes up again and its stable, though i will not withdraw all of it, while there is an decrease in btc, but little i will... and reserve some while the price is stable again...

[Mastsetad]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Every coin has two sides, if the amount you get can decrease then it can increase too as well, so you should decide if you can take the risk or not, if you can take the risk then simply hold your coins and if you can't then just sell them immediately after getting them.

[Mr.grin]

well, that is the risk of using bitcoin. Well, if you accept bitcoin and at that time the price goes up to the height, it also can make you become more profitable, and I'm sure your boss will not press it. Well, there is no business that could actually make a profit without excessive risk

[BillyBobZorton]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

The risk is there, but you will not complain when the price of bitcoin skyrockets as the fiat currencies fall. It's an assumed risk you take. You can't expect stability in a revolutionary act.

[Ya-ing]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

Certainly, to get paid that way is for people who want to assume the risk. Bitcoin is very likely to go up in the long term, so working for it is appealing if you do not really need the money that much and can keep it for the long term.

[erikalui]

This risk (of getting paid in bitcoins and the price decreasing) is not that big if you manage to convert the same into fiat as soon as you receive the payment. Storing bitcoins would not be wise as then you are completely dependent on a rate but we have seen bitcoin prices falling by less than $200 in a day which makes it a very risky currency to use. Exchanging it would be the best option.

[seven2smoke]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

You have a reason, Payment with bitcoin is risky
But it's like gambling, Maybe it grow up fastly and you win more, in other way it falls.
but you can save it until bitcoin increase more than when you are been paid.

You should get some risk.

[veleten]

everithing you do in life carries some kind of a risk,bitcoin is nothing different
there is no guarantee that bitcoin price doesn't drop to 100$ tomorrow same as there is no guarantee that you
won't get hit by a giant meteorite while taking a shit somewhere in the fields
but you have to evaluate the risks and act accordingly

[gufpmvgw3334]

well users of bitcoin know whats happening after all its btc doesnt have a stable value . its your choice weather to sell it or not but remember that patience is a virtue .
and any invest has risk!

[densuj]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

For today get salary in bitcoin is high risk because of fluctuating of price and bitcoin is still new in the world although it is revolutionary and bitcoin's price is not stable. In my opinion wait until bitcoin's price is stable then use it for making salary in bitcoin.

[lionheart78]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

First thing, we all know about bitcoin volatility before we accept a job that pay in bitcoin.  It is unusual to accept bitcoin as payment if you don't know about it.  So the fact that the possibility that bitcoin will decline in price is the things we are aware of.  But the beauty of bitcoin is that there is more chance that it will increase rather than decrease because of it getting popular each day and the fact that only some percentage of the world population is using it then the room for bitcoin to grow is very huge.

[jak3]

the only avalible chooice for everyone at this situation is waiting till the price can climb again like it was when he or she got payed but one thing more effects on this at currents is brokers or traders fees.its actully an way to loss the small part of money but nobody have any choice

[tabas]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I will just going to keep on holding if that happened and I don't have choice but to wait again for the right price to sell it. Because I am not going to be satisfied if the price of bitcoin will decrease from the exact price it used to be. We all know that bitcoin is risky because it is decentralized and doesn't have exact value at all.

[Carlsen]

the only avalible chooice for everyone at this situation is waiting till the price can climb again like it was when he or she got payed but one thing more effects on this at currents is brokers or traders fees.its actully an way to loss the small part of money but nobody have any choice

Of course there would always be the option to convert the bitcoins into fiat as soon as they arrive on your wallet.
The transfer time onto the wallet does not take very long, nore does converting it into fiat at an exchange.
That way you would be on the safe side, if you consider fiat to be the safe side.

[ged00u]

The fact that bitcoin's price fluctuates dramatically is something that we have to accept and live on with when we join this bitcoin world so if it goes down, all we can do is earn more and more bitcoin because it's easy to get a big amount of bitcoin when its price drops. And one more thing is that we need to patiently wait till it rise again then what we get will be high profit  

[CroIsBest]

I prefer to buy bitcoin now and sell it later when it become more popular and that is best strategy to earn a lot of money but only big money is good to put like that.

[Boss CJ]

I prefer to buy bitcoin now and sell it later when it become more popular and that is best strategy to earn a lot of money but only big money is good to put like that.

Our thoughts are same, i'm thinking with that strategy also. Though, you really need capital but it is worth it when time comes.

[staff_1307]

You just need to take Bitkoin when the price is rising.

[hawkins]

Well, my power will still be confident on bitcoin, salary given to me anyway as what is promised in the beginning, because at this point I do not care about the price of bitcoin. trust bitcoin, that someday will be a tool bitcoin transactions that have the highest value in all grades transaction tool ever

[JasonXG]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think you should keep a little bit of money in fiat for this very reason otherwise you must just wait for the value to increase. Also check how well your local currency is doing , sometimes even if bitcoin went down in $ the $ could be stronger so you get more in your local currency. This is just a smaller margin though.

[ufaiz50]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

allcurrency have risk not only bitcoin , if the price of bitcoin decrease i'll waiting until price of bitcoin increase
You just need to understand and many do it

[Dudeperfect]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

allcurrency have risk not only bitcoin , if the price of bitcoin decrease i'll waiting until price of bitcoin increase
You just need to understand and many do it

Since bitcoin is still in evolution process, there is always risk associated with it. You should only invest the amount which you can afford to lose otherwise you can ask for payment in bitcoin (because it’s cheaper on international level as compared to wire) and then you can convert it to fiat currency. If you are keeping your money in bitcoin without any faith in it then it is none other than a pure gamble.

[n0ne]

Bitcoin is revolutionary and has unique Blockchain technology backing, getting paid with bitcoin is not found much just because of its volatile nature. Recently in an article read a group of around 100 farmers in Indonesia getting paid in terms of bitcoin for the ease of transaction and fee. But others who consider volatility as an issue can get a portion of the salary in terms of bitcoin. So that even volatility won't affect price variation on converting to fiat.

[Decoded]

I don't understand why you don't understand this simple matter. If your local currency's value were to depreciate, what would you do? Well, you can't do anything. Maybe work harder to regain your losses and try to sustain yourself.

This is why you dont get paid 100% in bitcoin. I only get paid in bitcoin for what I like doing, as a hobby.

[bamboylee]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think you should keep a little bit of money in fiat for this very reason otherwise you must just wait for the value to increase. Also check how well your local currency is doing , sometimes even if bitcoin went down in $ the $ could be stronger so you get more in your local currency. This is just a smaller margin though.

Right and I think none of us are already earning purely in bitcoin. So even if the price erratically move, we can just wait for it to go back up or at least at the right price. There is not much we can do about it. We just have to wait until the time when bitcoin is not fluctuating too much.

[Adbitco]

That's the problem with bitcoin that the prices aren't stable and too much volatile but I guess that's only until the bitcoin isn't established as a widely accepted currency once it becomes a widely accepted currency it would be a complete different scenario.

[stark101]

There's something i really dont understand something about bitcoin. If how bitcoin mining works?Except here in the forums, Is there any ways or sites on how to understand more about bitcoins?

Will you please share any ideas you have guys so that later or sooner i will understand deeply about bitcoin. Thank you

[BALIK]

There's something i really dont understand something about bitcoin. If how bitcoin mining works?Except here in the forums, Is there any ways or sites on how to understand more about bitcoins?

Will you please share any ideas you have guys so that later or sooner i will understand deeply about bitcoin. Thank you

If you like to mine bitcoin then I will say it's not profitable if your electricity is very expensive but if your electricity is not too expensive maybe you can mine bitcoin, there are many good hardware that you can use to mine but I think it's 1 year before you ROI it, here's some good guide about mining bitcoin; https://www.weusecoins.com/en/mining-guide/ https://www.bitcoinmining.com/getting-started/

[Xester]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

I think you should keep a little bit of money in fiat for this very reason otherwise you must just wait for the value to increase. Also check how well your local currency is doing , sometimes even if bitcoin went down in $ the $ could be stronger so you get more in your local currency. This is just a smaller margin though.

Yes being diverse in investment is the wisest thing and the safest thing to do. Keeping your eggs in one basket is risky since if its gone or the price deflate then you ended of losing. But if you have diverse storage you have in banks in fiat form and cryptocurrency in bitcoin form then if the bank gets bankrupt you still have bitcoins, if bitcoins price deflates you still have money in the bank.

[Dmitry.Vastov]

You know, thats a problem we are facing right now. Its very volatile. We cant control its price so if the value drops thats a loss. But bitcoins are good because it can recover so quickly and earn back what you have loss. Its just a matter of time before you earn some profit and its worth it because you can earn big amount if you reach the higher price. I dont get discouraged when the price drops because i know it will regain its normal price.

[btcdiggingmaster]

Simple answer is you have to wait because it won't take much long to increase price in bitcoin. Not only you many people are holding bitcoin to increase it's price.

[Przemax]

The problem with using bitcoin as a wage pay is that the wage is usualy to small to cover the expenses. So having it even smaller, by price of bitcoin falling down is a big of a deal. But if you would have a wage that is enough to keep some as savings, being paid in bitcoin is very good option, as it was proven that bitcoin is excelent form of savings.

[AlRubyx]

You know, thats a problem we are facing right now. Its very volatile. We cant control its price so if the value drops thats a loss. But bitcoins are good because it can recover so quickly and earn back what you have loss. Its just a matter of time before you earn some profit and its worth it because you can earn big amount if you reach the higher price. I dont get discouraged when the price drops because i know it will regain its normal price.

Get out of here scammer

[bitbunnny]

Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.

I agree with you, you can never bee 100% secured. Fiat currencies can also colapse, big economic crysis could burst any time.
But if you have a regular job you can get paid in fiat and you can find another job or part time job that is paid in bitcoins, so you can combine currencies and not be entirely dependent on none of them.

[maydna]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

if bitcoin is available in many places in the world, so we can accepted bitcoin as our payment but for now, i think bitcoin is the other side money and still not using as payment for the jobs in real life.

but if somehow bitcoin is going to be our payment for the jobs and its decrease, i think i will sell it for the money and maybe i will save the money against bitcoin for this. but you know what, i think its need a time before we see bitcoin can be a payment for our jobs.

[kidoseagle0312]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

For me I'm not gonna agree to pay me in my work  through bitcoin, it is not advisable for now. Though we knew Bitcoin is volatile like most people said here so meaning much better for us now to keep it and held it for a while until the price increase.

[error08]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

In Australia, the employees could choose whether receive their salaries in fiat or get paid in bitcoin. Well, I don't know exactly how it works, but there are some point of it and seems you could set how much amount of your next pay in bitcoin. The idea is you could use bitcoin or hold it as the value always increase but if the price suddenly drop in one night, it doesn't matter as you already divide your salary (received in fiat and bitcoin), just hold up and wait until the price recover again. There are plenty of reasons why get paid in bitcoin, you can check at getpaidinbitcoin.com.au

[pinkpanther03]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

If you wanna know about in bitcoin, you must be observant in this forum or you can proceed or may ask in the member here about the thing that you wanna know. Just feel free to ask only. Just simple, bitcoin is the future money of all countries. That's it!

[stark101]

There's something i really dont understand something about bitcoin. If how bitcoin mining works?Except here in the forums, Is there any ways or sites on how to understand more about bitcoins?

Will you please share any ideas you have guys so that later or sooner i will understand deeply about bitcoin. Thank you

If you like to mine bitcoin then I will say it's not profitable if your electricity is very expensive but if your electricity is not too expensive maybe you can mine bitcoin, there are many good hardware that you can use to mine but I think it's 1 year before you ROI it, here's some good guide about mining bitcoin; https://www.weusecoins.com/en/mining-guide/ https://www.bitcoinmining.com/getting-started/

So maybe i would not prefer for mining. As you said, it is not profitable so better i will do, is to look any other activities that can gain more profit. Because i know, using bitcoins is very risky everything is risky.  But anyways, thank you that you share your ideas to me. I really appreciate it. Maybe the time goes by, i can find some activities that is worth my bitcoins.

[tee-rex]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

In Australia, the employees could choose whether receive their salaries in fiat or get paid in bitcoin. Well, I don't know exactly how it works, but there are some point of it and seems you could set how much amount of your next pay in bitcoin. The idea is you could use bitcoin or hold it as the value always increase but if the price suddenly drop in one night, it doesn't matter as you already divide your salary (received in fiat and bitcoin), just hold up and wait until the price recover again. There are plenty of reasons why get paid in bitcoin, you can check at getpaidinbitcoin.com.au

Obviously, there is no such law in Australia that would oblige local employers to ask their employees which part of the wages they would like to accept in bitcoins. It must be an initiative of a few employers acting on their own, or, maybe, just one such employer. In any case, could you expand more on that if you know the specifics?

[crwth]

The wonderful thing about Bitcoin is how easy the transactions can be, it just need to be confirmed by the blockchain and voila, bitcoins appear in your wallet. That's why I think it's okay to be paid in bitcoin rather than real money because it's much easier. Just send the address and boom, money. In your point of view, I was also concerned about that, but since the price of bitcoin can either go up or go down, the question remains "When are you going to exchange it?" or better yet "Do you need FIAT over Bitcoin now?" It's all about timing and the necessity of things. Just remember to be responsible on it.

[chesatochi]

The wonderful thing about Bitcoin is how easy the transactions can be, it just need to be confirmed by the blockchain and voila, bitcoins appear in your wallet. That's why I think it's okay to be paid in bitcoin rather than real money because it's much easier. Just send the address and boom, money. In your point of view, I was also concerned about that, but since the price of bitcoin can either go up or go down, the question remains "When are you going to exchange it?" or better yet "Do you need FIAT over Bitcoin now?" It's all about timing and the necessity of things. Just remember to be responsible on it.

If you have fiat money or bitcoin he doesn't matter, is the way your manage your money. The price of bitcoin can change rapidly in minutes but is also true for the forex exchange as well. Your right that is very convenient to get paid in bitcoin because is easy and fast to receive it into your wallet.

[jak3]

there are some ways users van follow
1. collect your koney till the price gets up again
2. gamble and try to make how much you faced into the recession that is something like 1-2%
3. do not care about the price drop and do the normal trading

[xuan87]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

well that is one of the risk of using bitcoin, but when you got bitcoin and you don't have any urgency it is better to keep your coin, because the bitcoin price can go up someday, so as long as you are patience you can gain more profit with bitcoin

[Catlonid]

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

well that is one of the risk of using bitcoin, but when you got bitcoin and you don't have any urgency it is better to keep your coin, because the bitcoin price can go up someday, so as long as you are patience you can gain more profit with bitcoin

you are right, someday the bitcoin price can go up but whether the price of bitcoin in someday ca go up? if go down? we don't know about that. So, I think using bitcoin like another currency or you save bitcoin and when the price bitcoin begin to go down you sell the bitcoin.

[Senja Kemuning]

I am also new to bitcoin not yet 5 months, a lot of things and terms that I do not understand, but with the existence of this forum is largely already answered. Thanks forum.