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Author Topic: Will you accept bitcoin as your salary?  (Read 183483 times)
harizen
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August 17, 2016, 10:37:12 AM
 #821

Right now, I am against the idea of distributing the regular salary in the form of Bitcoins. There are many drawbacks. I can't use BTC for retail shopping or to purchase bus tickets. Every time, I may need to convert my coins to fiat, which is expensive and time consuming. After 10 or 15 years, I may support this idea. But definitely not now. 

Same "for now".

Also the role of my salary is to take care of my daily spendings. And because I care for the bitcoin price, it will just give me a doubt to spend my bitcoin regardless of the current exchange rate.

So my fiat/salary will take care of my daily spendings and my bitcoin are just saved playing with the price fluctuations.

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August 17, 2016, 10:38:50 AM
 #822

I believe that someday there will be more price stability and that'll be a better option.
i think bitcoin's price will stay very volatile until there's some government that want to backup bitcoin or atleast a large organization
the price stability is very depending to so many factors,and bitcoin is far to make its stability,but there's still a possibilities
even local fiat which is backed up by government can't stay stable when crisis occur

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August 17, 2016, 11:16:01 AM
 #823

I'll accept bitcoin as my salary when we can spend/use bitcoin for daily usage directly or at least bitcoin has stable price, also, if we also talking about salary for online jobs, i'd accept and very like if my salary receive use bitcoin


I would do the same thing, if bitcoin price  would be stable then i would accept it as my salary but for now  in the situation of bitcoins price i would say no because its  volatility  its risky  if you decide to recieve bitcoin as a salary because your salary would depend on the price of bitcoin.

Thata a big IF, but reality bitcoin would never be stable since it is like product the more demand the more price up and the more dump the more price down will be happen so i dont think bitcoin will be stable, and it is also gives us more hassle and we cannot used our money easily since we need to go 3rd party exchanger so we can cash out it easily.

But if local store will accept bitcoin as payment well i will surely accept it since it can make our life more easier for it.

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August 17, 2016, 11:22:34 AM
 #824

I believe that someday there will be more price stability and that'll be a better option.

It will take ages. And I don't know whether Bitcoin is going to survive for another 10-15 years... First we need to expand and strengthen the Bitcoin user-base. Right now, less than 100,000 individuals are using BTC actively, and this low number makes Bitcoin very vulnerable to market rigging and manipulation by short-term traders.
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August 17, 2016, 12:44:03 PM
 #825

IF my boss using bitcoin too why not , i am going to ask him to pay my salary in bitcoin so that i can use bitcoin currency to invest , trading or to play gambling because i want to try my luck in gamble where other says that we can double our bitcoin there in just 1 hour or more and hopefully that one day im going to win more than what im thinking Cheesy
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August 17, 2016, 12:47:07 PM
 #826

IF my boss using bitcoin too why not , i am going to ask him to pay my salary in bitcoin so that i can use bitcoin currency to invest , trading or to play gambling because i want to try my luck in gamble where other says that we can double our bitcoin there in just 1 hour or more and hopefully that one day im going to win more than what im thinking Cheesy

true, it is a very precise action. because that way we became one of the pioneers for the use of the bitcoin in every thing. and if this is channeled by a few large corporations then I'm sure the growth will be very high and bitcoin experienced a price increase profitable
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August 17, 2016, 12:51:37 PM
 #827

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.
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August 17, 2016, 01:00:35 PM
 #828

IF my boss using bitcoin too why not , i am going to ask him to pay my salary in bitcoin so that i can use bitcoin currency to invest , trading or to play gambling because i want to try my luck in gamble where other says that we can double our bitcoin there in just 1 hour or more and hopefully that one day im going to win more than what im thinking Cheesy

Easier to think about that, but I think it's not easy to be done... If you are just looking on the four corners of your house, and only thinking about the things that you want, then it's easier for you, but if you have obligation, and you are dealing with your everyday life by your own, for sure, you will have a roller coaster living... Your tomorrow might be different from today's income, unless, everything you buy and pay is payable with bitcoin.

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August 17, 2016, 01:04:59 PM
 #829

I believe that someday there will be more price stability and that'll be a better option.

It will take ages. And I don't know whether Bitcoin is going to survive for another 10-15 years... First we need to expand and strengthen the Bitcoin user-base. Right now, less than 100,000 individuals are using BTC actively, and this low number makes Bitcoin very vulnerable to market rigging and manipulation by short-term traders.
im pretty sure it is going to survive for that long because bitcoin is a perfect currency that is going to be adopted by a lot of people in the future
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August 17, 2016, 01:19:14 PM
 #830

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.

Problem is it doesnt move always. That would be good if that is the case. But sometimes it goes so low that we might lose a lot of dollar and our budget for expenses might get short also.
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August 17, 2016, 07:09:08 PM
 #831

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.

Problem is it doesnt move always. That would be good if that is the case. But sometimes it goes so low that we might lose a lot of dollar and our budget for expenses might get short also.
Sometimes it goes low?
That's the reason exactly why many bitcoin users don't want to receive salary in bitcoins. The fear of losing value of your asset is just enough to make us not want to. You never really know when you're going to lose and upto how much. Just like a month ago, when the price just went from 700 to 600 real quick
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August 17, 2016, 07:11:50 PM
 #832

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.

Problem is it doesnt move always. That would be good if that is the case. But sometimes it goes so low that we might lose a lot of dollar and our budget for expenses might get short also.
Sometimes it goes low?
That's the reason exactly why many bitcoin users don't want to receive salary in bitcoins. The fear of losing value of your asset is just enough to make us not want to. You never really know when you're going to lose and upto how much. Just like a month ago, when the price just went from 700 to 600 real quick

Exactly and it may even go below $500 in coming months, who knows what will be that value of bitcoin in future and if we start accepting salary in bitcoins and price goes back to $100 then it will be difficult for us to survive.
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August 17, 2016, 07:49:59 PM
 #833

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.

Problem is it doesnt move always. That would be good if that is the case. But sometimes it goes so low that we might lose a lot of dollar and our budget for expenses might get short also.
Sometimes it goes low?
That's the reason exactly why many bitcoin users don't want to receive salary in bitcoins. The fear of losing value of your asset is just enough to make us not want to. You never really know when you're going to lose and upto how much. Just like a month ago, when the price just went from 700 to 600 real quick

Exactly and it may even go below $500 in coming months, who knows what will be that value of bitcoin in future and if we start accepting salary in bitcoins and price goes back to $100 then it will be difficult for us to survive.
Perhaps I agree with this state of affairs, because bitcoin is not stability for today. Therefore, the introduction of this currency on all levels of human zhiznideyatelnosti, is at least incorrect. And such actions are not justified.
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August 17, 2016, 07:53:57 PM
 #834

I believe that someday there will be more price stability and that'll be a better option.

It will take ages. And I don't know whether Bitcoin is going to survive for another 10-15 years... First we need to expand and strengthen the Bitcoin user-base. Right now, less than 100,000 individuals are using BTC actively, and this low number makes Bitcoin very vulnerable to market rigging and manipulation by short-term traders.

I think you are right it will take a longer time for the bitcoin to become a stable currency and at that time no one will feel any fear to get their salaries in bitcoin, but in this age, I mean today, if someone find a better job with more income in bitcoin then he will immediately join that company and will love to get their salary in bitcoin, just like which happen on this forum.
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August 17, 2016, 08:54:39 PM
 #835

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.
yeah the price of the bitcoin is fluctuating all the time and i think that it is risky to accept it
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August 17, 2016, 08:55:05 PM
 #836

The stability of the market is a problem for now but I think I would take a 50% sallary in BTC for sure if not more then that!
But I would for sure work a part time job scriptyng some projects or something else and would take a 100% bitcoin payment!
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August 17, 2016, 09:10:22 PM
 #837

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.
yeah the price of the bitcoin is fluctuating all the time and i think that it is risky to accept it

Yeah and the most risky part is that we will never get stable income from it and if you have an responsibility of your family then its simply not possible to depend on bitcoins.
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August 17, 2016, 10:22:46 PM
 #838

I will never prefer to receive my salary in bitcoins as price of bitcoin is too volatile and it makes it really risky and we can never have stable income if we get salary in bitcoins.
why not? it would allow you to make some good profit if you took bitcoin as an investment

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August 17, 2016, 10:27:35 PM
 #839

I believe that someday there will be more price stability and that'll be a better option.
I think the problem is not just on price? but on the legalization of bitcoin and few parties accept bitcoin? although the price to be stable though. if bitcoin is not accepted by everyone. I think it is futile. so that consideration is bitcoin accepted by all people and bitcoin price stability
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August 17, 2016, 10:31:55 PM
 #840

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?
I would not accept bitcoin as my salary, because in my country i cant spend bitcoins on any local stores, malls, supermarkets.,so i doesnt help me
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