BTCappu
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December 25, 2017, 02:21:30 PM |
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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. I think it is a good idea that players are paid with bitcoin. By this way bitcoin will gain its popularity in those communities who don’t know anything about bitcoin. If this continuous for some time the entire world will come to know about bitcoin. By this way bitcoin will hold the market in a very short time. But for this every player should have a bitcoin wallet and also able to use it. The world is gradually turning towards digital currency.
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julzcoinbit
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December 25, 2017, 02:22:07 PM |
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Actually, yes it's possible to transfer paid with bitcoin. I believed that each of us in bitcoin community has a an online wallet that served as our own wallet to transfer our rewards here. Just the same when playing gambling to those players have also an online wallet that enable to transfer bitcoin to another wallet but before that there should have an agreement on particular amount of bitcoin. Also, having trust to both side by transferring the bitcoin via online treansaction. I believed someday that most of us will used this kind of agreement, transferring each other bitcoin especially on urgent time that we need a fiats.
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dali_masmoudi
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December 25, 2017, 02:28:29 PM |
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it. But I don't think that it will happen even when it will be legal because its value is so volatile.
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StonedWolf (OP)
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December 25, 2017, 02:38:49 PM |
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it. But I don't think that it will happen even when it will be legal because its value is so volatile.
First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin. Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !
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bering
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Leading Crypto Sports Betting & Casino Platform
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December 25, 2017, 02:49:50 PM |
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it. But I don't think that it will happen even when it will be legal because its value is so volatile.
First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin. Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible ! the legality of bitcoin still debatable currently but still possible to bitcoin being legal for major countries but in my view volatility still being the main problem to transfer players use bitcoin and as far as i know there is no steady price for bitcoin so this is might be slightly hard
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Jedzkie050617
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December 31, 2017, 01:12:10 AM |
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it. But I don't think that it will happen even when it will be legal because its value is so volatile.
First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin. Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible ! You're right dude, as long as both side have an agreement about to transfer a bitcoin which need a bitcoin address in terms of payments. Also, gain trust to each other so that it will continue to next game or next event that they playing. I believed that in the future this kind of transaction as the bitcoin is set as mode of payments like on buying in the department stores which you just pay by transferring your bitcoin as what players did having a great and agreement of each other.
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MinerHQ
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December 31, 2017, 01:27:30 AM |
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it. But I don't think that it will happen even when it will be legal because its value is so volatile.
First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin. Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible ! the legality of bitcoin still debatable currently but still possible to bitcoin being legal for major countries but in my view volatility still being the main problem to transfer players use bitcoin and as far as i know there is no steady price for bitcoin so this is might be slightly hard If governments are allowed to do these kinds of transactions then I think it is possible because governments take taxes on these money transactions but as of now with bitcoin transactions, it is not possible. If governments regulate bitcoin transactions then it may possible in the future but may not be so soon.
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Asmonist
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December 31, 2017, 06:06:01 AM |
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Yes. Its possible especially for those who have bitcoin wallets. Its will be convenient for them to pay in every gambling games they play. I think its happening now especially for those playing online. If both parties have the same payment method then it can be done. As to its legalities then it should be regularized. The authorities should come up regulations for this matter since it is existing already.
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BillCoin
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December 31, 2017, 06:40:37 AM |
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We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it. But I don't think that it will happen even when it will be legal because its value is so volatile.
First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin. Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible ! You forgot to consider that the player has to pay tax for the transfer, which means that bitcoin has to be legal in the origin country+destination country in order for the transfer to be legal. Also the voltality does matter. The player has to pay a lot of things and he stays with a signicifently smaller amount then he should be receiving, if the bitcoin price decreases, he may stay with nothing or even may stay in a minus. It is impossible to make player transfers in bitcoin until the price will become stable at some level.
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Pixyoxx
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December 31, 2017, 06:48:22 AM |
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We will certainly see players being paid with bitcoins in future. Bitcoins are gaining popularity, and value is being gained in recent period to a large extent. Bitcoin have been a major revolution in economics in recent period and people are slowly accepting it marginally everywhere.
So we can very much say that bitcoins will be accepted and given as payments and transfers for players. It will actually be liked and enjoyed by the players themselves because what they win automatically becomes investment.
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btcprospecter
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December 31, 2017, 01:54:35 PM |
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It is an interesting concept and I'm sure at some point we will see a transfer paid in crypto it would be great for publicity. There would be a few barriers in the way tho such as tax and bitcoin would have to be used mainstream.
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brontosaurus
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December 31, 2017, 02:03:17 PM |
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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 ? Haha Still a dream. But for this to happen first teams must get their earnings in BTC because think like one day they decide to convert their fiat into btc and the very next day price of bitcoin falls. Teams will end up spending much more btc to buy players. But yes with advent of blockchain we might even see an all together new cryptocurrency which would empower the game of football.
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jassanpary
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December 31, 2017, 04:20:29 PM |
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It is an interesting concept and I'm sure at some point we will see a transfer paid in crypto it would be great for publicity. There would be a few barriers in the way tho such as tax and bitcoin would have to be used mainstream.
I think it looks like a very distant so far any club or sporting boards hasn't used or think off about the use of bitcoin, in future if it has to happen means first bitcoin should be accepted by all the countries and recognition should be given to the bitcoin as of now bitcoin is not official in many places.
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Netnox
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December 31, 2017, 05:41:31 PM |
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If such a thing ever happens, then I am 100% sure that it will happen in Japan. Because Japan is the only economic super-power which has fully recognized and legalized Bitcoins. In any other country, the payment in Bitcoin will involve a lot of hassles and tax-related complexities. I am not saying that Japan is perfect. But right now, it is the best option we got.
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betMaster
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January 01, 2018, 02:22:28 PM |
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I think this is a bit ambitious. Paying such big transfer amount of money with bitcoin is still hard to achieve for now. Bitcoin is still not popular enough. Some people still have a bad idea about bitcoin. They think it's a currency used for criminal activities. To pay such huge amount of money with bitcoin is still a fantasy for now, maybe if there is a will to achieve that, we will see it becoming a reality.
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crwth
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January 01, 2018, 02:33:44 PM |
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I don't know if the franchise meaning the team would be utilizing Bitcoin as the currency that they are going to pay for players, especially the sports people. I think it is more ideal for the E-Sports gaming atmosphere that would utilize Bitcoin as a mode of payment for them or a salary of some sorts.
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SaShiRaJaVu
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January 01, 2018, 11:21:28 PM |
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It is an interesting concept and I'm sure at some point we will see a transfer paid in crypto it would be great for publicity. There would be a few barriers in the way tho such as tax and bitcoin would have to be used mainstream.
For them to pay them using crypto currency,either they have to start a new coin so that they could pay them other than that it is really hard and cumbersome to purchase a huge amount of coins as the transfer charges for the players are really huge and buying millions in coins alone could give a rally in that coin if they decide for fun.
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vintages
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January 02, 2018, 01:30:35 PM |
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That will be a good development if it ever happen because most countries are busy banning their citizens from using Bitcoin. I think our other concern should be, if the players whom might be paid in bitcoin have an interest in bitcoin. Its one thing for you to give or pay someone in Bitcoin, its also another thing for that person to know the worth of what he/she is been given.
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Dhaaaw
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January 02, 2018, 11:09:51 PM |
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It won't be possible and for the only reason is that bitcoin could help more players that are already evasing taxes, bitcoin cannot be supervised and for the countries that are paying these players huge amounts of money they need to control every player income so they pay the right amount in taxes.
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streetlight
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January 02, 2018, 11:19:54 PM |
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I don't know if the franchise meaning the team would be utilizing Bitcoin as the currency that they are going to pay for players, especially the sports people. I think it is more ideal for the E-Sports gaming atmosphere that would utilize Bitcoin as a mode of payment for them or a salary of some sorts.
The problem either way is that right now Bitcoin fees are through the roof. A player would need to wait weeks for their money to come through unless they want to lose 10% of their salary which I don't believe anyone wants. With that said, I don't think BTC players transfers will be made anytime soon (unless it's done by LN).
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