Bitcoin Forum
June 21, 2024, 05:39:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 »  All
  Print  
Author Topic: I did not understand something with the Bitcoin  (Read 3646 times)
Whosdaddy
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 527



View Profile
June 15, 2016, 08:00:32 AM
 #21

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.  Grin
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. Grin
dearbesz1219
Hero Member
*****
Offline Offline

Activity: 924
Merit: 500



View Profile
June 23, 2016, 02:50:57 AM
 #22

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. Wink
Darwin02
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
June 23, 2016, 04:45:31 AM
 #23

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.



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




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

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

█  █
█  █
█  █
█  █
█  █
█▄▄
▀▀█
█  █
█  █
█  █
█  █
█  █
.TOKEN SALE. Apr 16 2018
      .DAICO.      May 16 2018

ANN Thread  ■  Whitepaper
■  Twitter
■  Telegram
■  Facebook
Cryptonitex
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
June 23, 2016, 04:52:19 AM
 #24

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
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile WWW
June 23, 2016, 05:03:53 AM
 #25

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
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250



View Profile WWW
June 23, 2016, 05:32:25 AM
 #26

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
Legendary
*
Offline Offline

Activity: 3458
Merit: 1961

Leading Crypto Sports Betting & Casino Platform


View Profile
June 23, 2016, 05:56:17 AM
 #27

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^

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
electronicash
Legendary
*
Online Online

Activity: 3122
Merit: 1052



View Profile WWW
June 23, 2016, 05:59:55 AM
 #28

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.

.#1 DeFi for Bitcoin Platform.            ███   ███
           ███   ███
          ███   ███
         ███   ███
        ███   ███
       ███   ███
      ███   ███
     ███   ███
    ███   ███
   ███   ███
  ███   ███
 ███   ███
███   ███
▄  ▄██████████████████████▄  ▄
 ▀▄ ▀████████████████████▀ ▄▀
  ▀█ ▀████▀ ▄▄            █▀
   ▀█▄ ▀█ ████████████▀ ▄█▀
     ██▄ ▀▀▀▀▀▀▀▀▀███  ██
      ███      ▀█▄ ▀ ▄██
       ███▄ ▀█████ ▄███
        ████ ▀██▀ ▄███
         ▀███▄  ▄███▀
          ▀███▄ ▀██▀
            ████▄ ▀
             ████▀
              ▀█▀
SOVRYN███   ███
 ███   ███
  ███   ███
   ███   ███
    ███   ███
     ███   ███
      ███   ███
       ███   ███
        ███   ███
         ███   ███
          ███   ███
           ███   ███
            ███   ███
.Join Origin Pre-Sale.
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
X-ray
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 520


Leading Crypto Sports Betting & Casino Platform


View Profile
June 23, 2016, 06:02:27 AM
 #29

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.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Slark
Legendary
*
Offline Offline

Activity: 1862
Merit: 1004


View Profile
June 23, 2016, 06:28:20 AM
 #30

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
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
June 23, 2016, 06:44:50 AM
 #31

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
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
June 23, 2016, 06:52:04 AM
 #32

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
Full Member
***
Offline Offline

Activity: 154
Merit: 100

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
June 23, 2016, 07:22:36 AM
 #33

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
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250



View Profile WWW
June 23, 2016, 07:27:55 AM
 #34

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
Full Member
***
Offline Offline

Activity: 230
Merit: 100



View Profile
June 23, 2016, 07:36:19 AM
 #35

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.

         Whitepaper          ░▒█ Take back your insurance!  █▒░     Announcement
        ▂▃▅▆▆▆▆▆▆▆▆▆▆▆▆▆   Umbrella Coin   ▆▆▆▆▆▆▆▆▆▆▆▆▆▅▃▂
BlogFacebook░▒█  ICO -20th August - 20th October █▒░ DiscordTwitter
kik1977
Hero Member
*****
Offline Offline

Activity: 593
Merit: 505


Wherever I may roam


View Profile
June 23, 2016, 07:39:24 AM
 #36

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.

We are like butterflies who flutter for a day and think it is forever
bitcoineverything
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250


InvestnTrade. Latest from the crypto space.


View Profile WWW
June 23, 2016, 07:39:45 AM
 #37

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.

We are here to give you all the latest from the Cryptocurrency space!
Jeremycoin
Legendary
*
Offline Offline

Activity: 1022
Merit: 1003


𝓗𝓞𝓓𝓛


View Profile
June 23, 2016, 08:16:24 AM
 #38

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.

faucet used to be profitable
ripplehd
Full Member
***
Offline Offline

Activity: 154
Merit: 100

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
June 23, 2016, 08:21:57 AM
 #39

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
Legendary
*
Offline Offline

Activity: 1414
Merit: 1002

= jasad =


View Profile
June 23, 2016, 10:21:50 AM
 #40

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.
Pages: « 1 [2] 3 4 5 6 »  All
  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!