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Author Topic: Will you accept bitcoin as your salary?  (Read 183483 times)
Achargeturry78
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August 01, 2016, 01:28:26 AM
 #661

100% YES ofcourse because if they pay me bitcoin it 100% awesome hopefuly that my company pay me with bitcoin because bitcoin is not stable how if bitcoin increase price Smiley a liitle bit then you have a like bonus for your monthly salary and if bitcoin dicrease price it's your bad day but hold it until bitcoin increase the price again Smiley that's awesome for sure
You do not need a fiat for daily used? because when the price goes down you said you will keep it and wait for the price increase? And i do not think company will pay you with more than your salary right now they used converting fiat into bitcoin and that is only equal to you monthly salary.
it's fine for me if they pay me equal to my monthly salary because for example my monthly salary is PHP (30,000) per month because im from ph and it's only 1 bitcoin or (620 dollar) if they give me that equal i will accept it because you don't know if how bitcoin will increase again just keep the bitcoin for future purposes  Grin
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August 01, 2016, 02:16:03 AM
 #662

100% YES ofcourse because if they pay me bitcoin it 100% awesome hopefuly that my company pay me with bitcoin because bitcoin is not stable how if bitcoin increase price Smiley a liitle bit then you have a like bonus for your monthly salary and if bitcoin dicrease price it's your bad day but hold it until bitcoin increase the price again Smiley that's awesome for sure
You do not need a fiat for daily used? because when the price goes down you said you will keep it and wait for the price increase? And i do not think company will pay you with more than your salary right now they used converting fiat into bitcoin and that is only equal to you monthly salary.
it's fine for me if they pay me equal to my monthly salary because for example my monthly salary is PHP (30,000) per month because im from ph and it's only 1 bitcoin or (620 dollar) if they give me that equal i will accept it because you don't know if how bitcoin will increase again just keep the bitcoin for future purposes  Grin
Even my company will pay me equal to my salary i do not accept in terms of bitcoin because there is a charge if i exchange it into fiat that is why i did not received my salary as whole like what i received now. i think you did no consider that that is why you want to accept bitcoin as your salary.
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August 01, 2016, 02:23:04 AM
 #663

100% YES ofcourse because if they pay me bitcoin it 100% awesome hopefuly that my company pay me with bitcoin because bitcoin is not stable how if bitcoin increase price Smiley a liitle bit then you have a like bonus for your monthly salary and if bitcoin dicrease price it's your bad day but hold it until bitcoin increase the price again Smiley that's awesome for sure
You do not need a fiat for daily used? because when the price goes down you said you will keep it and wait for the price increase? And i do not think company will pay you with more than your salary right now they used converting fiat into bitcoin and that is only equal to you monthly salary.
it's fine for me if they pay me equal to my monthly salary because for example my monthly salary is PHP (30,000) per month because im from ph and it's only 1 bitcoin or (620 dollar) if they give me that equal i will accept it because you don't know if how bitcoin will increase again just keep the bitcoin for future purposes  Grin
Even my company will pay me equal to my salary i do not accept in terms of bitcoin because there is a charge if i exchange it into fiat that is why i did not received my salary as whole like what i received now. i think you did no consider that that is why you want to accept bitcoin as your salary.
They charge only small amount of fee I think if it's already happen ,same fee when you widraw using your ATM when you work at factory or any other company.

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August 01, 2016, 03:23:06 AM
 #664

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.

you have a good point their chief. If you are one of those who uses bitcoin as savings it would be a great thing for you to consider bitcoin price might go done but we know that the chance for bitcoin price raises also.
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August 01, 2016, 03:29:54 AM
 #665

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.

Not only you save your time, you also save from fees on every conversion you have to make. Plus sometimes on exchange, the price is of bitcoin is higher than it really is. So, you can add that to your savings. Directly receiving bitcoin as salary has advantages especially if you are spending bitcoins directly.
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August 01, 2016, 03:45:18 AM
 #666

Not only you save your time, you also save from fees on every conversion you have to make. Plus sometimes on exchange, the price is of bitcoin is higher than it really is. So, you can add that to your savings. Directly receiving bitcoin as salary has advantages especially if you are spending bitcoins directly.

Maybe for some people who live in developed countries that already have a physical store that accepts bitcoin can directly spend their bitcoin. But how to developing countries new to bitcoin? because it would be difficult to find a physical store that accepts bitcoin there. And with it if we want to spend a bitcoin then we have to replace it in advance by fiat if a salary in the form of bitcoin. So the conclusion is easy or not is relative depending on each individual.

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August 01, 2016, 03:52:26 AM
 #667

Not only you save your time, you also save from fees on every conversion you have to make. Plus sometimes on exchange, the price is of bitcoin is higher than it really is. So, you can add that to your savings. Directly receiving bitcoin as salary has advantages especially if you are spending bitcoins directly.

Maybe for some people who live in developed countries that already have a physical store that accepts bitcoin can directly spend their bitcoin. But how to developing countries new to bitcoin? because it would be difficult to find a physical store that accepts bitcoin there. And with it if we want to spend a bitcoin then we have to replace it in advance by fiat if a salary in the form of bitcoin. So the conclusion is easy or not is relative depending on each individual.

There are advantages and disadvantages on recieving  bitcoin as a salary it depends on what country do you live and it also depends on what would be the price of bitcoin. As you said there are countries are still developing to accept bitcoin payments they need to exchange  it first to fiat  before buying on a store. It really depends on persons choice.

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August 01, 2016, 04:16:31 AM
 #668

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?
No I won't because the price fluctuates a lot.

While it may be good for a trader, I don't think I would want it as my salary. It's is bit like getting shares for your salary.
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August 01, 2016, 04:35:40 AM
 #669

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

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Agaguk24
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August 02, 2016, 11:14:09 PM
 #670

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.

JeffBrad12
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August 03, 2016, 12:31:42 AM
 #671

But I very curious to hear opinions from some people in here, and in this time about the bitfinex cases the price of bitcoin is dropping drastically and whether the people is still wanna to receiving their payment or salary into BTC form? Grin

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August 03, 2016, 12:38:45 AM
 #672

With this fluctuated condition also the down trend ofcourse not
I got my 1 bitcoin as my salary when price 650 and sudddenly price go 520 WTF, i dont want it
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August 03, 2016, 03:26:30 AM
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Right now, I'd say no. Why? Well as you can see the price is going up and down and not just by small amounts. Let's say you're payed 100$ in bitcoin and then something happens that reduces the price of the bitcoin and you end up with a lot more that 100$, but the main thing, for ME, would be the price jumping and falling.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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August 03, 2016, 03:58:55 AM
 #674

With this fluctuated condition also the down trend ofcourse not
I got my 1 bitcoin as my salary when price 650 and sudddenly price go 520 WTF, i dont want it

That's the downside if we would receive bitcoin as salary... Price moves drastic..Unless, if what you eat, what you pay are all priced in bitcoin..That way, you are not affected even if price moves like a saw in one hour... But since the commodities and everything that we buy was priced in local currency, then we still have a problem if our salary is in bitcoin...

Take a look at the bitcoins price as of now, it drastically goes down which is not good especially if you  prefer to recieve your salary in bitcoin it would do also affect you salary since your  salary depends on bitcoin price. Ex. our signature campaign earnings as serve as daily salary then the bitcoins price  as of now is  low then  the rate of your  bitcoin earnings would also be low, just the same  in real life.

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August 03, 2016, 04:23:33 AM
 #675

Yes. Anyone hiring? I'm a closer, get me a coffee.
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August 03, 2016, 12:44:38 PM
 #676

If you're holding a bitcoin debit card, then accepting your salary in bitcoin would be more beneficial than getting it in fiats as of now. Because, in my case I am converting my salary into bitcoin for my saving and for gambling spending. If I do directly get bitcoins that would save more time for me which is usually occurring with conversion.
But how you can fill up your daily needs, are you sure, you can exchange your bitcoin into the fiat for everytime you needs?
and does it's just waste a lot of your time, it's fine for your to accept your salary into btc but you need to consider about next problem you can get from that.

Thing is, there isn't an economy built around Bitcoin yet; so i can't spend BTC to pay for my daily needs; at least not here in France.
Not just in France but even in 90% of countries there are no actual places where we can spend bitcoins.
In fact I maybe be a bit harsh but other than online development bitcoins physical development has been very slow.
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August 03, 2016, 12:48:19 PM
 #677

Right now, I'd say no. Why? Well as you can see the price is going up and down and not just by small amounts. Let's say you're payed 100$ in bitcoin and then something happens that reduces the price of the bitcoin and you end up with a lot more that 100$, but the main thing, for ME, would be the price jumping and falling.
You can actually convert the bitcoin when you receive it. So if you get 100$, then you'll get 100$ fixed. I think you don't like playing with the charts, people see this as a chance to fill in their stash. With the growing community of bitcoiners and investors, there's no other way for bitcoin but to go up eventually. There might be a harsh dip like this one but just wait for a while and the price will be high up there again.

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August 03, 2016, 12:56:13 PM
 #678

I receive my salary in bitcoin. I have a foreign employer and I convert it basically right away. It makes for instant paychecks and no foreign fees.

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August 03, 2016, 01:05:44 PM
 #679

yes. I agreed with you and I appreciate your opinion. the percentages of tax has been one of the reasons the most peoples on overseas would choosing bitcoin as main payments. I see that.

but for me who working at my own country, would prefer to using fiat instead of choosing bitcoin as payment because if a price down suddenly, what does I do? what I will waiting bitcoin up to price up? how long I did should wait.
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August 03, 2016, 01:08:04 PM
 #680

I receive my salary in bitcoin. I have a foreign employer and I convert it basically right away. It makes for instant paychecks and no foreign fees.

Is this true?? . I think your employer has been very update in the latest technology, it proved that you can get your paycheck by using bitcoin from your work. This is a good thing, because if everyone using bitcoin as currency for all transactions is definitely the future of bitcoin will be better than now
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