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Author Topic: Will you accept bitcoin as your salary?  (Read 183482 times)
adejavad
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July 24, 2016, 01:12:23 PM
 #421

I dont want to receive my salary in bitcoin because there would so much process before I can convert into fiat and cashout and I think there would be no difference between the fiat and the bitcoin system maybe we can say that bitcoin is much faster but there are still a schedule for the payroll . And the disadvantages of receiving your salary in bitcoin is its unstable price and not all country has a bitcoin ATM .
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July 24, 2016, 02:08:39 PM
 #422

I dont want to receive my salary in bitcoin because there would so much process before I can convert into fiat and cashout and I think there would be no difference between the fiat and the bitcoin system maybe we can say that bitcoin is much faster but there are still a schedule for the payroll . And the disadvantages of receiving your salary in bitcoin is its unstable price and not all country has a bitcoin ATM .

I prefer my salary in fiat. At this moment i have trust in bitcoin to hold it, but not enough for salary payments.
If the price goes down again, i will not be able to pay my monthly bills, which would be devastating for me.
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July 25, 2016, 02:02:44 AM
 #423

According to me I can't accept Bitcoin as My Salary Because there is a Problem Of Bitcoin that is The Volatility Of it. If this problem will not occurs and the price of Bitcoin Remains Stable Then I would be Happy to Accept Bitcoins as my Salary....
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July 25, 2016, 02:57:34 AM
 #424

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen



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sobsitesearch
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July 25, 2016, 03:54:34 AM
 #425

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen
I think you only consider the value of bitcoin now but you do not look if the price will goes down i do not think you will be happy in receiving bitcoin as your salary. It is good if you work in online and you pay for bitcoin but in regular job i do not see it will be great for the workers. That is only my opinion.
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July 25, 2016, 03:58:15 AM
 #426

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen
I think you only consider the value of bitcoin now but you do not look if the price will goes down i do not think you will be happy in receiving bitcoin as your salary. It is good if you work in online and you pay for bitcoin but in regular job i do not see it will be great for the workers. That is only my opinion.

Thats what im thinking also, maybe hes watching on the  current price of bitcoin as he accepts it as a salary but it would be difficult  thing if the price would go down  maybe you would change your mind if you know what we are talking about. Its better to recieve the paper money salary than bitcoin because of its unstable price at the moment.

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July 25, 2016, 04:00:22 AM
 #427

I wouldn't mind getting 20-40% of my salary in bitcoins only if at the payday my employer would calculate the BTC/USD rate and convert the appropriate amount of my salary in USD to BTC. This way I will only be effected by the bitcoin rate on my existing bitcoins and not on payday.

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July 25, 2016, 04:09:13 AM
 #428

At this time, no I wouldn't. Bitcoin is so volatile right now, the risks outweigh the positives. Yes, I could make 30% profit in fiat in a day, But I could also lose the same!

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July 25, 2016, 04:11:56 AM
 #429

I get paid with paypal and trade everything to btc right away. I honestly don't trust paypal and hate their fees. I can buy bitcoins at around 90% value, which isn't a lot, considering how much better btc is compared to paypal

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July 25, 2016, 04:12:22 AM
 #430

Thats what im thinking also, maybe hes watching on the  current price of bitcoin as he accepts it as a salary but it would be difficult  thing if the price would go down  maybe you would change your mind if you know what we are talking about. Its better to recieve the paper money salary than bitcoin because of its unstable price at the moment.

Yeah i agree with you, some people who want to receive a salary with bitcoin is not too consider the risks if the price of bitcoin down time before they redeem it by fiat, if it happens then we will lose money because our salaries reduced. And really is better to accept the fiat in addition we can directly use it, the fiat price is also stable Smiley
Aero Blue
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July 25, 2016, 04:14:59 AM
 #431

Lol I know I would, then I wouldn't have to exchange it...

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July 25, 2016, 05:03:16 AM
 #432

In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
If you use bitcoin as a salary expect that if the price decrease your salary will be deducted some amount of money. It will easy to use if there have own wallet that have Fiat and bitcoin address so for people who want to earn more bitcoin they can use it or they want it Fiat without even sending to the exchange.

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July 25, 2016, 05:28:04 AM
 #433

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen
I think you only consider the value of bitcoin now but you do not look if the price will goes down i do not think you will be happy in receiving bitcoin as your salary. It is good if you work in online and you pay for bitcoin but in regular job i do not see it will be great for the workers. That is only my opinion.

Thats what im thinking also, maybe hes watching on the  current price of bitcoin as he accepts it as a salary but it would be difficult  thing if the price would go down  maybe you would change your mind if you know what we are talking about.
Alright, you're correct about that, they just seeing the current price and many time ago if the price of bitcoin just under $300 many people is rejecting to getting the salary into bitcoin form.

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July 25, 2016, 06:12:06 AM
 #434

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen
I think you only consider the value of bitcoin now but you do not look if the price will goes down i do not think you will be happy in receiving bitcoin as your salary. It is good if you work in online and you pay for bitcoin but in regular job i do not see it will be great for the workers. That is only my opinion.

Thats what im thinking also, maybe hes watching on the  current price of bitcoin as he accepts it as a salary but it would be difficult  thing if the price would go down  maybe you would change your mind if you know what we are talking about.
Alright, you're correct about that, they just seeing the current price and many time ago if the price of bitcoin just under $300 many people is rejecting to getting the salary into bitcoin form.
if maximum people accept bitcoin as salary then i think bitcoin will be never drop its price to $300 or etc and i hope then bitcoin more higher its price in huge value than other currency.
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July 25, 2016, 06:14:42 AM
 #435

This is a good idea if the price or exchange rate can be locked. Here in the Philippines there is an exchange called coins.ph (not mine and i'm not advertising) they will give each user 2 BTC address, 1 for the BTC and one for the Philippine Peso, anything sent to the PhP address is locked sample is the amount sent is 100 pesos, that is 100 pesos period, but if you want to buy BTC, there's an option that can change the Pesos to BTC in an instant.
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July 25, 2016, 06:15:34 AM
 #436

At this time, no I wouldn't. Bitcoin is so volatile right now, the risks outweigh the positives. Yes, I could make 30% profit in fiat in a day, But I could also lose the same!
I too believe this is not the right time to get our salary in bitcoins. Until we are having all our life's necessary things are available for bitcoin, there is no meaning in getting our salary in bitcoins. Because getting salary in bitcoin and then converting them back to fiat for spending it has absolutely no meaning.

But, getting 10% or 25% of your salary in bitcoin, for the purpose of saving it for long term must be good idea as it has great meaning.
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July 25, 2016, 07:08:08 AM
 #437

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen
I think you only consider the value of bitcoin now but you do not look if the price will goes down i do not think you will be happy in receiving bitcoin as your salary. It is good if you work in online and you pay for bitcoin but in regular job i do not see it will be great for the workers. That is only my opinion.

Thats what im thinking also, maybe hes watching on the  current price of bitcoin as he accepts it as a salary but it would be difficult  thing if the price would go down  maybe you would change your mind if you know what we are talking about.
Alright, you're correct about that, they just seeing the current price and many time ago if the price of bitcoin just under $300 many people is rejecting to getting the salary into bitcoin form.
if maximum people accept bitcoin as salary then i think bitcoin will be never drop its price to $300 or etc and i hope then bitcoin more higher its price in huge value than other currency.
But i do not see more people will accepted their salary with fluctuation of the price we can not even know if the price will not reach that amount again that is why we need to be safe just keep receiving your salary in terms of fiat and start earning in bitcoin as other source of income do not make your lives complicated.
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July 25, 2016, 07:16:33 AM
 #438

Its okey for me to accept bitcoin as my salary. Because in fact , Im converting my local currency into bitcoin, To have a great profit in it.
As long as bitcoin in allowed/Legal in my country i will be happy if that happen
I think you only consider the value of bitcoin now but you do not look if the price will goes down i do not think you will be happy in receiving bitcoin as your salary. It is good if you work in online and you pay for bitcoin but in regular job i do not see it will be great for the workers. That is only my opinion.

Thats what im thinking also, maybe hes watching on the  current price of bitcoin as he accepts it as a salary but it would be difficult  thing if the price would go down  maybe you would change your mind if you know what we are talking about.
Alright, you're correct about that, they just seeing the current price and many time ago if the price of bitcoin just under $300 many people is rejecting to getting the salary into bitcoin form.
if maximum people accept bitcoin as salary then i think bitcoin will be never drop its price to $300 or etc and i hope then bitcoin more higher its price in huge value than other currency.

the price itself doesn't matter at all.
if bitcoin is worth $1 or $1,000,000 you will get paid the same value only different amount of bitcoin and that doesn't affect the decision about receiving bitcoin as salary or not.
the way price changes is what affects that, which means when the price swings around a lot then it makes it hard for people to be confident about receiving it as salary. but it makes it  a good investment.

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July 25, 2016, 07:20:45 AM
 #439

I would really like to have my salary to be in Bitcoin but that would make life quite difficult for me since i wont be able to use it in my local area. If maybe at least 20% of my salary was to be in Bitcoin then that would make things a bit better. Then slowly i could make an investment and convert it into fiat later on.
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July 25, 2016, 07:30:27 AM
 #440

I would really like to have my salary to be in Bitcoin but that would make life quite difficult for me since i wont be able to use it in my local area. If maybe at least 20% of my salary was to be in Bitcoin then that would make things a bit better. Then slowly i could make an investment and convert it into fiat later on.
Yes good point if we recieve some portion of our salary in bitcoin like 30% i would suggest that i would love it.It will go directly to my savings and plus investments and i will spend only with 70% fiat.But getting 100% of the salary would not be a good idea because we need money to spend in real life so sooner than later we have to convert our bitcoins into fiat so i would be better to direcly take salary in fiat.
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