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Author Topic: Will we ever see players transfer paid with bitcoin ??!  (Read 810 times)
Pixyoxx
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December 19, 2017, 11:08:28 AM
 #41

This is a really good idea to be executed. Payment the form of bitcoin will bring ease to those who anyways would want to convert the paid amount into bitcoins. It will also attract new users and players in the name of bitcoins.
It will also create a more profitable playground brcause when players will receive payment in btc they are by this way already getting their money invested.

That being said, such payments still need allot of planning and better development in the fundamentals of bitcoins. Not only that but the trustability of bitoin needs to increase and the time bitcoins take to confirm a certain transaction should be reduced to as lower value as possible.
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December 19, 2017, 03:33:16 PM
 #42

From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?


It is unlikely that it will happen, bitcoin isn't that popular yet and it will take a lot of time until bitcoin is used as a payment option for big money transaction because the volatility is too risky for that kind of money.

It might be unlikely, but that's not because Bitcoin isn't popular enough. Heck even my parents are talking about Bitcoin and it has been in the mainstream news for years now.
I just don't see a reason for clubs to pay their players in Bitcoin if they can just use fiat.

They probably don't want to spend the time, effort and money to figure out how to pay their players in Bitcoin, especially if there isn't a demand for it by the players themselves.
Then there's all the legal aspects that need to be figured out, just seems too much trouble for them tbh.

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December 19, 2017, 09:33:24 PM
 #43

Players in the world have so much salary in the past couple of years and that salary is still growing. They are enjoying the benefits of their entertainment job. For them to be paid in Bitcoin, as all the colleagues here said, the Bitcoin must be accepted everywhere. It is not still widely known as a payment system. Some people don't even know what the Bitcoin is. Also, I think that football players wouldn't be pleased when they would saw their payment on the Bitcoin right now. This decentralized crypto is not stabilized yet and people cannot be paid with the crypto that can fall to the 0 next day. International currencies are stabilized and recognized. Bitcoin has many more years to connect itself with the world to be applicable to the player transfers.

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December 19, 2017, 09:42:03 PM
 #44

Deals in bitcoin can happen in the right time at the properly contract and also at the right place. There are countries that are very strict when it comes to taxation, I don't know if there are exemptions when it comes to athletes. But if a gov't sees that athlete/player is trying to receive a contract to avoid taxes in general of that purpose, he can lose his career but otherwise stated properly that's a good one to try for them.

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December 20, 2017, 04:03:21 AM
 #45

This is a really good idea to be executed. Payment the form of bitcoin will bring ease to those who anyways would want to convert the paid amount into bitcoins. It will also attract new users and players in the name of bitcoins.
It will also create a more profitable playground brcause when players will receive payment in btc they are by this way already getting their money invested.

That being said, such payments still need allot of planning and better development in the fundamentals of bitcoins. Not only that but the trustability of bitoin needs to increase and the time bitcoins take to confirm a certain transaction should be reduced to as lower value as possible.
It is really a good idea but not the kind that will ever be executed anytime soon. The rate at which bitcoin is going though, and the gradual impact that it is having on the mainstream, we might end up seeing some pretty huge stuffs being done in bitcoin in coming years and who knows ?

This may actually end up being one of them. Like you said, it would require a lot of planning and before we can even get to that stage, bitcoin must have at least been a little bit less volatile compared to what we have now.
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December 20, 2017, 04:32:20 AM
 #46

Many people would see it in a negative aspect. This kind of transaction already involves money laundry, that is a shady activity as players don't have real price, it depends speculation and then people have a source to execute shady activities, the rich ones. Soccer business is one of the most corrupt industry in the world. It would affect Bitcoin negatively. Bitcoin shouldn't be seen together with this kind of transaction.

 
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December 20, 2017, 04:58:16 AM
 #47

Many people would see it in a negative aspect. This kind of transaction already involves money laundry, that is a shady activity as players don't have real price, it depends speculation and then people have a source to execute shady activities, the rich ones. Soccer business is one of the most corrupt industry in the world. It would affect Bitcoin negatively. Bitcoin shouldn't be seen together with this kind of transaction.

That was before, bitcoins has likely changed how people view bitcoins because it is has been used more on other legitimate things unlike before when the darknet was extremely relevant. I am thinking though, anything is possible, hence there is a great possibility for Bitcoins to be implemented in all things finance, so we would just have to wait for things to shift to bitcoins or other cryptocurrency if that is a much more viable option.
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December 20, 2017, 02:52:57 PM
 #48

Many people would see it in a negative aspect. This kind of transaction already involves money laundry, that is a shady activity as players don't have real price, it depends speculation and then people have a source to execute shady activities, the rich ones. Soccer business is one of the most corrupt industry in the world. It would affect Bitcoin negatively. Bitcoin shouldn't be seen together with this kind of transaction.

That was before, bitcoins has likely changed how people view bitcoins because it is has been used more on other legitimate things unlike before when the darknet was extremely relevant. I am thinking though, anything is possible, hence there is a great possibility for Bitcoins to be implemented in all things finance, so we would just have to wait for things to shift to bitcoins or other cryptocurrency if that is a much more viable option.

I mean trading of soccer players isn't a so legit operation... People use it to practice money laundry saying the player values X, but truly they pay X-1 for the player, laudering the rest of the money ("1"). That is a shady activity, the sports industry, especially soccer is shady and corrupt because the leaders of the industry. And like before Bitcoin was related to the "darknet", as you say, it can happen again, but now related to these more refined schemes.

 
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December 21, 2017, 06:17:03 PM
Last edit: December 22, 2017, 07:56:37 AM by naidray
 #49

From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?

[im g]https://i.imgur.com/MpZwUAw.jpg[/img]
It is unlikely that it will happen, bitcoin isn't that popular yet and it will take a lot of time until bitcoin is used as a payment option for big money transaction because the volatility is too risky for that kind of money.
Bitcoin may not be popular yet, but I will not consider the possibility of it not happening but there would be a huge tag down on tax issues though if something like this, eventually wants to play out. It would still take a lot of time like you said and it is not even going to be anytime close considering how these places have some tough laws on monetary most especially in the soccer industry.
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December 21, 2017, 10:23:56 PM
 #50

From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?


With bitcoin becoming more and more popualr and with its high price, it comes to no suprise if we see players being bought and sold to teams using bitcoin, they are after all investments and what better way to invest in them than to pay them with bitcoin, and bitcoin being a huge and a popualr investment i don't doubt that paleyrs already use it, they get paied a lot of moeny after all and i don't think they don't invest it in bitcoin.
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December 22, 2017, 06:06:00 AM
 #51

From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?


With bitcoin becoming more and more popualr and with its high price, it comes to no suprise if we see players being bought and sold to teams using bitcoin, they are after all investments and what better way to invest in them than to pay them with bitcoin, and bitcoin being a huge and a popualr investment i don't doubt that paleyrs already use it, they get paied a lot of moeny after all and i don't think they don't invest it in bitcoin.
If I were a player and I will be paid thru bitcoin, i will willingly accept it, since players are paid high especially if they are popular it will be a great investment on it, there are sports ICO that are looking for players and maybe paids also with their tokens.
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December 22, 2017, 07:52:24 AM
 #52

From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?



We can't determine by now coz bitcoin can make anonymous transactions and the government wouldnt want that. Tax is life  Grin Grin
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December 22, 2017, 01:08:57 PM
 #53

We can't determine by now coz bitcoin can make anonymous transactions and the government wouldnt want that. Tax is life  Grin Grin
This can also make the government do something to prevent such transactions or paid contracts through bitcoin. We know that money is the blood of the government and if everyone will take this as an example no one is willing to give up and would like to continue paying their taxes.



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December 22, 2017, 08:07:48 PM
 #54

We can't determine by now coz bitcoin can make anonymous transactions and the government wouldnt want that. Tax is life  Grin Grin
This can also make the government do something to prevent such transactions or paid contracts through bitcoin. We know that money is the blood of the government and if everyone will take this as an example no one is willing to give up and would like to continue paying their taxes.
Once the amount is paid in bitcoins, i am sire that the club is going to cash it out immediately because of the case of bitcoin volatility. They may choose to wait and see the value increase and hence make a lot of money from the transfer with time.
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December 22, 2017, 08:15:35 PM
Last edit: December 23, 2017, 12:05:01 AM by christian07
 #55

It might happen in the future but for now i think not because no one support it yet but no one know the future of crypto,i think in the future we can stable the price of btc because of the so really high price or it can happen that this is continue to grow little by little and never go down the price so we can call this as a international money like international langauge called english.
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December 23, 2017, 06:08:59 PM
 #56

We can't determine by now coz bitcoin can make anonymous transactions and the government wouldnt want that. Tax is life  Grin Grin
This can also make the government do something to prevent such transactions or paid contracts through bitcoin. We know that money is the blood of the government and if everyone will take this as an example no one is willing to give up and would like to continue paying their taxes.
Once the amount is paid in bitcoins, i am sire that the club is going to cash it out immediately because of the case of bitcoin volatility. They may choose to wait and see the value increase and hence make a lot of money from the transfer with time.

Yes that's natural that he/she will cash it out for immediate use but the thing here is that those players that will get contract and get paid through bitcoin are going to avoid the taxation for their contracts and that's really possible to happen so it depends on them if they'll declare it or not.



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December 25, 2017, 05:39:22 AM
 #57

Lol. That would mean big franchises would be seriously dealing with btc. I don't that happening anytime soon if it's its even going to happen at all. And there should also be agreements for two parties so managers would have to both agree for this to happen

 
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December 25, 2017, 07:57:35 AM
 #58

This is a really good idea to be executed. Payment the form of bitcoin will bring ease to those who anyways would want to convert the paid amount into bitcoins. It will also attract new users and players in the name of bitcoins.
It will also create a more profitable playground brcause when players will receive payment in btc they are by this way already getting their money invested.

That being said, such payments still need allot of planning and better development in the fundamentals of bitcoins. Not only that but the trustability of bitoin needs to increase and the time bitcoins take to confirm a certain transaction should be reduced to as lower value as possible.
Till date I have never seen such gamblers who use bitcoin in gambling but as it is mentioned that it will bring ease in payment methods. One would not have the fear of stealing or robbery. He will be relaxed with his pocket. When he leaves the casino or any other place where he gambles, he will be back with full or empty bitcoin wallet and no cash in his pocket. Therefore he will be more relaxed.

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December 25, 2017, 12:55:22 PM
 #59

Lol. That would mean big franchises would be seriously dealing with btc. I don't that happening anytime soon if it's its even going to happen at all. And there should also be agreements for two parties so managers would have to both agree for this to happen

Of course there must be an agreement on the both sides, otherwise the transfer will not take place, even if it has taken place, the amount transferred can not be counted as paid. In fact, there is a misunderstanding between us, because when I thought about the idea, it was for bitcoin users, or for the investors in bitcoin. Which means the both sides have confidence in our cryptocurrency so your problem never arises.

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December 25, 2017, 01:37:27 PM
 #60

It is possible however it does need a very deep and serious plan so the owners can probably think of a new way of paying players in bitcoin, I think that would be a great idea however it would need a huge amount to invest in too.
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