Shibashi Dogemoto
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August 26, 2016, 04:12:06 PM |
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I believe in blockchain technology, but there are some reasons not to do this now, instability is one of them.
Price instability is an major reason why people don't prefer to accept salary in bitcoin as you never know what price it will be holding tomorrow so it makes its very risky.
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martinacar
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August 26, 2016, 04:12:30 PM |
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I believe in blockchain technology, but there are some reasons not to do this now, instability is one of them.
The problem is that you need your salary to pay your bills. If good times for bitcoin you will be easy able to pay your bills. When the price is on a down trend just after your payment, you may end up find it very hard to pay your bills. It's just too big of a risk. Even if it's just a few 100 bucks.
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sabbirshm
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August 26, 2016, 05:10:21 PM |
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I believe in blockchain technology, but there are some reasons not to do this now, instability is one of them.
The problem is that you need your salary to pay your bills. If good times for bitcoin you will be easy able to pay your bills. When the price is on a down trend just after your payment, you may end up find it very hard to pay your bills. It's just too big of a risk. Even if it's just a few 100 bucks. yes, I have the same problems. If my country's shops, office bills accept bitcoin then I have no problems. but unfortunately they don't accept it till now.so,I won't accept my salery as bitcoin.I have to pay my fees to live,if they don't accept bitcoin then what shall I do with it?
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twerdefnce
Full Member
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Activity: 154
Merit: 100
24kCasino- 200% Welcome Bonus
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August 26, 2016, 07:08:29 PM |
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Bitcoin is not liquid enough. I would prefer cash, or a value higher enough to convert it to cash and don't suffer losses overall.
bitcoin is actually liquid enough there are just not enough people who would be accepting it to be honest, in my opinion i would definitely accept it
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xIIImaL
Legendary
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Activity: 1372
Merit: 1005
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August 26, 2016, 07:16:55 PM |
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I believe in blockchain technology, but there are some reasons not to do this now, instability is one of them.
Nope not like that and you should know that some of people in US region who are getting their payment in employment as btc and if you are getting some good salary means you could buy and save it for future.
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MaritiJames3
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August 26, 2016, 07:20:21 PM |
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Bitcoin is not liquid enough. I would prefer cash, or a value higher enough to convert it to cash and don't suffer losses overall.
bitcoin is actually liquid enough there are just not enough people who would be accepting it to be honest, in my opinion i would definitely accept it It is liquid for the moment we are in. If a hack encounters and you got 4 bitcoins i.e. the bitfinex hack. Your 2400 dollar salary is just worth 2000 dollar If your plan your expenses at 2200 dollar a month, you got some problems there. So no, not me. Investing in bitcoin (time) yes. Salary to pay for stuff no!
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Vhern
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August 27, 2016, 02:00:33 AM |
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I knew that some company already paying in BTC for their employees didn't know what company to be specific but I clearly remember that it is way back 2013 and I suppose if few of the employees hold the 50% of their salary up to now, I deem that they will have a large sum of money.
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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August 27, 2016, 02:32:04 AM |
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Bitcoin is not liquid enough. I would prefer cash, or a value higher enough to convert it to cash and don't suffer losses overall.
I'd argue that it's liquid. You can easily convert in a lot of countries. And with more and more places accepting it, it's becoming easier to use. That said, it is still volatile, and therefore risky. Your $1000 you made this month could become $200 in a day or could become $5000.
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JeffBrad12
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August 27, 2016, 05:38:01 AM |
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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin. i think accept salary in bitcoin is best idea to hide from tax.
Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more. You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on. Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses. In 1st,2nd, or 3rd world, the money you get from the signature campaign just enough for buying ya food and the daily needs. earning your living just relied on signature earning that's too bad and at the same time is a bullshit because in this time a lot of people needs the secondary needs and like an obligation.
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MingLee
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August 27, 2016, 05:53:14 AM |
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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin. i think accept salary in bitcoin is best idea to hide from tax.
Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more. You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on. Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses. In 1st,2nd, or 3rd world, the money you get from the signature campaign just enough for buying ya food and the daily needs. earning your living just relied on signature earning that's too bad and at the same time is a bullshit because in this time a lot of people needs the secondary needs and like an obligation. Being in a first-world country, the money I get from my signature campaign is something enough to maybe get something from the dollar menu every day or two, nothing substantial. It would probably be enough to help pay off a few packs of Ramen or something each day and keep you fed, although on a very meager diet. Something like this would be useful for students in University or so, and almost definitely useful for those in third-world countries to help them get food.
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PieCrafted
Member
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Activity: 117
Merit: 10
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August 27, 2016, 06:01:09 AM |
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What kind of social problems will they have in developing countries? But I think when you have a job that pays in bitcoin, it would be in the tech sector. Also that company should be responsible with providing the proper avenues on how to convert bitcoins to fiat. Maybe even work or be affiliated with an exchange.
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mirakal
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August 27, 2016, 06:32:08 AM |
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What kind of social problems will they have in developing countries? But I think when you have a job that pays in bitcoin, it would be in the tech sector. Also that company should be responsible with providing the proper avenues on how to convert bitcoins to fiat. Maybe even work or be affiliated with an exchange.
Most of the merchants here in our country are affiliated in the exchange site, we have a local exchange site and they help promote the business in their website so I think it is good for the merchant as they can get free market advertisements from the local exchange.
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carlfebz2
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August 27, 2016, 07:59:47 AM |
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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin. i think accept salary in bitcoin is best idea to hide from tax.
Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more. You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on. Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses. In 1st,2nd, or 3rd world, the money you get from the signature campaign just enough for buying ya food and the daily needs. earning your living just relied on signature earning that's too bad and at the same time is a bullshit because in this time a lot of people needs the secondary needs and like an obligation. Being in a first-world country, the money I get from my signature campaign is something enough to maybe get something from the dollar menu every day or two, nothing substantial. It would probably be enough to help pay off a few packs of Ramen or something each day and keep you fed, although on a very meager diet. Something like this would be useful for students in University or so, and almost definitely useful for those in third-world countries to help them get food. I heard some of them that they rely on signature campaign earning to pay their bills and even their food budget for the whole day which is really good to know that they could possibly do that things even earning on signature campaigns are not decent enough for many people, i think it really depends on the exchange of a certain currency to their country thats why its big and can buy theit needs.
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stromma44
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August 27, 2016, 09:49:28 AM |
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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin. i think accept salary in bitcoin is best idea to hide from tax.
Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more. You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on. Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses. In 1st,2nd, or 3rd world, the money you get from the signature campaign just enough for buying ya food and the daily needs. earning your living just relied on signature earning that's too bad and at the same time is a bullshit because in this time a lot of people needs the secondary needs and like an obligation. Being in a first-world country, the money I get from my signature campaign is something enough to maybe get something from the dollar menu every day or two, nothing substantial. It would probably be enough to help pay off a few packs of Ramen or something each day and keep you fed, although on a very meager diet. Something like this would be useful for students in University or so, and almost definitely useful for those in third-world countries to help them get food. I heard some of them that they rely on signature campaign earning to pay their bills and even their food budget for the whole day which is really good to know that they could possibly do that things even earning on signature campaigns are not decent enough for many people, i think it really depends on the exchange of a certain currency to their country thats why its big and can buy theit needs. It will depend on the country and the cost of living, if cost of living is not too high then earning from signature campaign can take best care of your basic expenses.
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danherbias07
Legendary
Offline
Activity: 3304
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
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August 27, 2016, 10:45:06 AM |
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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin. i think accept salary in bitcoin is best idea to hide from tax.
Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more. You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on. Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses. In 1st,2nd, or 3rd world, the money you get from the signature campaign just enough for buying ya food and the daily needs. earning your living just relied on signature earning that's too bad and at the same time is a bullshit because in this time a lot of people needs the secondary needs and like an obligation. Being in a first-world country, the money I get from my signature campaign is something enough to maybe get something from the dollar menu every day or two, nothing substantial. It would probably be enough to help pay off a few packs of Ramen or something each day and keep you fed, although on a very meager diet. Something like this would be useful for students in University or so, and almost definitely useful for those in third-world countries to help them get food. I heard some of them that they rely on signature campaign earning to pay their bills and even their food budget for the whole day which is really good to know that they could possibly do that things even earning on signature campaigns are not decent enough for many people, i think it really depends on the exchange of a certain currency to their country thats why its big and can buy theit needs. It will depend on the country and the cost of living, if cost of living is not too high then earning from signature campaign can take best care of your basic expenses. Even when there is low cost of anything it will srill not be enough. What $10 dollars a week? Even at $20 there is no way it could provide specially with where you will live.
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marleybobthedog
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August 27, 2016, 10:50:24 AM |
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Oh my gosh Will u accept bitcoin as your salary?? That's a nice question. I want my salary in btc when rate is high but not when rate is low. It could make me both rich and poor it all depens on my luck that whether my salary in bitcoin will benefit me or push me to hell
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naidray
Legendary
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August 27, 2016, 03:31:27 PM |
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Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses.
Exactly when you are from a third world, your earnings from bitcoin signature campaign CAN be comparable to your wage, which is a good addition. Not only that you are earning from your job, you are getting nearly the same amount from your bitcoin hobby. Wouldn't that be great for them?
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fkvidar
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August 27, 2016, 03:33:11 PM |
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Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses.
Exactly when you are from a third world, your earnings from bitcoin signature campaign CAN be comparable to your wage, which is a good addition. Not only that you are earning from your job, you are getting nearly the same amount from your bitcoin hobby. Wouldn't that be great for them? Yeah people always love to earn some extra money and that is possible with bitcoisn as you can earn descent amount if you hold multi skills which will add value to your income.
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serjent05
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August 27, 2016, 04:53:19 PM |
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Oh my gosh Will u accept bitcoin as your salary?? That's a nice question. I want my salary in btc when rate is high but not when rate is low. It could make me both rich and poor it all depens on my luck that whether my salary in bitcoin will benefit me or push me to hell
The value of your salary in bitcoin is all depend on the conversion of bitcoin to fiat money, and it will never be fixed so the rate being low is not an issue here. The probelem would be the price when the moment you recieve you BTC and the price when you are to convert it. And another issue is the immediate access on spending it in the market.
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Corenin
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August 27, 2016, 04:57:21 PM |
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Oh my gosh Will u accept bitcoin as your salary?? That's a nice question. I want my salary in btc when rate is high but not when rate is low. It could make me both rich and poor it all depens on my luck that whether my salary in bitcoin will benefit me or push me to hell
The value of your salary in bitcoin is all depend on the conversion of bitcoin to fiat money, and it will never be fixed so the rate being low is not an issue here. The probelem would be the price when the moment you recieve you BTC and the price when you are to convert it. And another issue is the immediate access on spending it in the market. Indirectly it means that it will depend on the price of bitcoin, if price goes lower then it will give us lower income and vice versa and that makes it really risky to accept salary in bitcoins.
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