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Author Topic: I wish the halving Come Next year or Just never Come  (Read 1127 times)
GregH37 (OP)
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July 01, 2016, 07:25:54 AM
Last edit: July 01, 2016, 07:53:07 AM by GregH37
 #1

Finally I got a writing job in a website for bitcoin . which can earn me 0.5 to 0.7 btc A month..
I got this job after 1 year surviving and surfing in the bitcoin land and doing simple works and search for jobs every day.

and now I got what I want but. I feeel very fear because of the halving..

I am afraid that if bitcoin price increase to double in the halving then the company who paying me 0.5 btc month can reduce my salary.
and I really don't want that..
after so many days I got a chance to collect some bitcoins but halving is coming between me and my opportunity...

I am praying to GOD that halving may come next year. and till than I will collect 10 to 15 btc for sale..

what you guys think? do you also need time to collect bitcoins before halving? or you are just ready to halving in this month. (11 July 2016)?
only 10 days to go.
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July 01, 2016, 07:52:28 AM
 #2

Why would the Halving influence your salary? Did you settle for payment in BTC only? I would have fixed it to a less volatile currency like the dollar value, but still payable in BTC. You will have to brush up on your English, if you are going to write some for a English audience. ^smile^

The Halving cannot be postponed, it's fixed in stone in the Bitcoin protocol code. Uhhm, It can be changed, but you will not get anyone, who will want to do that, because it increases the value of bitcoins. ^hmmmm^

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July 01, 2016, 07:54:05 AM
 #3

Finally I got a writing job in a website for bitcoin . which can earn me 0.5 to 0.7 btc A month..
I got this job after 1 year surviving and surfing in the bitcoin land and doing simple works and search for jobs every day.

and now I got what I want but. I feeel very fear because of the halving..

I am afraid that if bitcoin price increase to double in the halving then the company who paying me 0.5 btc month can reduce my salary.
and I really don't want that..
after so many days I got a chance to collect some bitcoins but halving is coming between me and my opportunity...

I am praying to GOD that halving may come next year. and till than I will collect 10 to 15 btc for sale..

what you guys think? do you also need time to collect bitcoins before halving? or you are just ready to halving in this month. (11 July 2016)?
only 10 days to go.

What would you sell the bitcoins for?


First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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July 01, 2016, 08:03:38 AM
 #4

if you are so afraid of missing out on the price rise then you should invest money in it by buying bitcoin instead of sitting around and fearing of missing out.

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July 01, 2016, 08:05:44 AM
 #5

Ready or not I'm not worrying about Bitcoin Halving.  It was designed that way so worrying will just stress you.  Besides, I don't think your salary will be cut to 50% once halving is done.  It not that they are mining to pay for your job. and that there is no way they can get Bitcoin but mining.  Bitcoin supply is there ready to be purchased.  So forget all your worries.  Halving won't affect you salary but the price do.

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Posum578
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July 01, 2016, 08:13:27 AM
 #6

Halving will come next 10 days
actually i am not ready haha, i dont have enough bitcoin too celebrate halving i mean to sell it with higher price
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July 01, 2016, 08:16:07 AM
 #7

In four years there will be another halving, prepare for that one if you think you're missing your chance with this one. Smiley

GregH37 (OP)
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July 01, 2016, 08:22:39 AM
 #8

Why would the Halving influence your salary? Did you settle for payment in BTC only? I would have fixed it to a less volatile currency like the dollar value, but still payable in BTC. You will have to brush up on your English, if you are going to write some for a English audience. ^smile^

The Halving cannot be postponed, it's fixed in stone in the Bitcoin protocol code. Uhhm, It can be changed, but you will not get anyone, who will want to do that, because it increases the value of bitcoins. ^hmmmm^

Yes. I'm getting payment in bitcoin only. BTW my boss didn't told me that he'll decrease my salary any time if bitcoin price increase. it is my own gut feelings that if bitcoin price cross to double than exist then i may loose my exist salary and get half of what I am getting right now.

if you are so afraid of missing out on the price rise then you should invest money in it by buying bitcoin instead of sitting around and fearing of missing out.

this is not about buying it buddy. and I am not setting around and fearing. I am doing my job. but I just feel that I got this job little bit late. so now I am thinking if I get some more time then it would be good for me and I can also make some bitcoins for halving.

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July 01, 2016, 08:52:12 AM
 #9

Yes. I'm getting payment in bitcoin only. BTW my boss didn't told me that he'll decrease my salary any time if bitcoin price increase. it is my own gut feelings that if bitcoin price cross to double than exist then i may loose my exist salary and get half of what I am getting right now.

If the bitcoin value doubles, then your bitcoin salary is cut in half, then you are making the exact same.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
GregH37 (OP)
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July 01, 2016, 09:00:41 AM
 #10

Yes. I'm getting payment in bitcoin only. BTW my boss didn't told me that he'll decrease my salary any time if bitcoin price increase. it is my own gut feelings that if bitcoin price cross to double than exist then i may loose my exist salary and get half of what I am getting right now.

If the bitcoin value doubles, then your bitcoin salary is cut in half, then you are making the exact same.

yes. but that's not what I need. My target is to get more bitcoin, not fiat.. I know If the bitcoin price go up to double than what the price is right now then I can still get the same amount in dollars only..
right now I am getting 0.5btc. and can done one bitcoin in 2 months. but after halving I may get 0.25 bitcoins and done 1 bitcoin in 4 months. that's what I feel bad.
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July 01, 2016, 09:01:30 AM
 #11

Finally I got a writing job in a website for bitcoin . which can earn me 0.5 to 0.7 btc A month..
I got this job after 1 year surviving and surfing in the bitcoin land and doing simple works and search for jobs every day.

and now I got what I want but. I feeel very fear because of the halving..

I am afraid that if bitcoin price increase to double in the halving then the company who paying me 0.5 btc month can reduce my salary.
and I really don't want that..
after so many days I got a chance to collect some bitcoins but halving is coming between me and my opportunity...

I am praying to GOD that halving may come next year. and till than I will collect 10 to 15 btc for sale..

what you guys think? do you also need time to collect bitcoins before halving? or you are just ready to halving in this month. (11 July 2016)?
only 10 days to go.
What reduces your salary, if your salary is reduced cause halving maybe it will have a same equal with you salary before halving.
to collect bitcoin is always needed a time before. I not sure I ready for halving because only have a little amount of bitcoin. I think want to be a spectator if halving happens.

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July 01, 2016, 09:09:58 AM
 #12

if you are so afraid of missing out on the price rise then you should invest money in it by buying bitcoin instead of sitting around and fearing of missing out.

this is not about buying it buddy. and I am not setting around and fearing. I am doing my job. but I just feel that I got this job little bit late. so now I am thinking if I get some more time then it would be good for me and I can also make some bitcoins for halving.

I understand that but all I am saying is that this way of thinking is not good. you shouldn't regret the past and why didn't get the job earlier. I say this because I am the same way and I sometimes regret why I didn't work more for bitcoin and earn more bitcoin back when bitcoin price was $200 but this will only prevent you from thinking about the future and making better plans with the current situation in mind.

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July 01, 2016, 10:09:14 AM
 #13

Halvings are simply part of Bitcoin. If halvings weren't there it wouldn't be Bitcoin... I am more than ready for the halving. If you don't feel confortable with the halving because of your payments, then search for someone who is willing to pay you in Bitcoin and not in dollars converted to Bitcoin.
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July 01, 2016, 10:12:41 AM
 #14

when price increases your salary decreases. but then if you compare your reduced rate in $ it will be same or their will be negligible difference. so no need to be sad. we are all very exciyed for the halving but only you have fear. so dont fear. price increase is very good for bitcoin's future.
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July 01, 2016, 10:14:51 AM
 #15

You are fortunate enough compared to other people. You already had your time to earn with your job. I don't think your salary will be affected by halving though, I think it is even good for you, isn't it? Price rosed to 3x than its price previously. Great opportunity already.

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July 01, 2016, 10:49:32 AM
 #16

i am ready for halving , first time on bitcoin i am waiting for that , till now no idea on halving , probably this time it may give ideas and i can learn on halving in practically . i heard somewhere it will increase bitcoin price , but not sure, need to wait and watch.

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July 01, 2016, 10:55:48 AM
 #17

Well if you are paid with bitcoin rates and not USD, you shouldn't be bothered. If it is within your agreement that you should be paid in BTC without any USD conversions, you shouldn't have a problem. You will have something to keep if in case they change the rates if it is within your contract that you'll be paid in BTC.
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July 01, 2016, 11:04:24 AM
 #18

you can always ask for the payment up front or use some kind of escrow service for the funds that you agree upon so that your enployer is forced to pay the same amount of bitcoin even if the price is changed.

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July 01, 2016, 11:15:04 AM
 #19

why haven't you discussed this with the guy paying you? there should be some type of arrangement in place for this. and there's no guarantee there'll be any more price rise. maybe we've already had most of the action we were due.
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July 01, 2016, 11:18:49 AM
 #20

Congratulation for your job and also good luck for future.
Halving is just a process which will decrease supply so that increasing the value of existing bitcoin, this is good for bitcoin ecosystem and balance. If the company lowered your payment interms of bitcoin you will still get paid same amount if you compared it with payment. 0.50 btc x 700$ = 350$ per month is very good for writing job.

 
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