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Question: Do you want to get paid based on BTC or USD
BTC - 25 (75.8%)
USD - 8 (24.2%)
Total Voters: 33

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Author Topic: How do you like your sig campaign payments. USD vs. BTC  (Read 891 times)
barota
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October 30, 2019, 11:22:21 AM
 #41

sig compaign work in internet . for this reason i prefer payements via bitcoin because transaction are fast and quick
payement via usd cannot receive instanly because some bank need 48 hour and some time lot of time for sending money to their users
i think bitcoin have small fees when you sent or received
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October 30, 2019, 11:54:22 AM
 #42

I think majority of us would prefer BTC but if the rates are attractive like Bitsler and Bustadice, for me I am okay with usd rate.
Like my current campaign now, the rate is also good since at Hero Rank, people will be receiving 45 usd for 15 post only, that means 3 usd per post, not bad.

The best campaign in terms of btc and usd rate combine, I think there is no other than Chipmixer, it's a long time running campaign and there was no problem with the payment ever since.

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October 30, 2019, 06:38:00 PM
 #43

From what I see, the campaigns that pay in dollars are casinos and gambling sites, while the campaigns that pay in btc are mixer and exchange. I think the explanation is because thy have more customers who make deposits in dollars. so it's easier for these sites to pay in dollars, while the exchange and mixer that has customers who deposit bitcoins makes it easier to pay in bitcoin for sign campaign participants

Interestingly, this is a bitcoin forum and it would be supposed that we didn't even talk about dollars, everything should be about bitcoin. But we have to look at the companies side and respect the decisions of companies and their sign campaign managers.

I particularly have no problem receiving in dollar or bitcoin




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November 03, 2019, 11:57:31 PM
 #44

I prefer my payment in BTC because to me it feels like a double reward (getting the BTC for the campaign and feeling like I am trading it because it might rise anytime), additionally when bitcoin enters my wallet, it hardly goes out again but when I receive USDT, I would have to exchange it to BTC which would cost me some fees.

Take for example, when I joined the present campaign that I am participating in, Bitcoin was a bit lower but it has risen quite well since then and it is predicted to rise more before the end of this month, if that happens, I would be making more money just for holding, this isn't the case with a stablecoin.

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November 04, 2019, 12:10:35 AM
 #45

From what I see, the campaigns that pay in dollars are casinos and gambling sites, while the campaigns that pay in btc are mixer and exchange. I think the explanation is because thy have more customers who make deposits in dollars. so it's easier for these sites to pay in dollars, while the exchange and mixer that has customers who deposit bitcoins makes it easier to pay in bitcoin for sign campaign participants.

I can't think of any crypto casino that has any dealings with dollars at all. If they did they certainly wouldn't last very long.

You're right in saying that they're far more likely to keep a USD peg than other services. Perhaps their customers are much more reactive to the USD price than other services or they themselves only think in terms of finishing up with USD so plan accordingly.
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November 06, 2019, 05:38:09 AM
 #46

From what I see, the campaigns that pay in dollars are casinos and gambling sites, while the campaigns that pay in btc are mixer and exchange. I think the explanation is because thy have more customers who make deposits in dollars. so it's easier for these sites to pay in dollars, while the exchange and mixer that has customers who deposit bitcoins makes it easier to pay in bitcoin for sign campaign participants

nah, its just a new thing that mainly occurs on years when market is in bull mode (meaning price is rising every month at least) and it happens for all kinds of businesses. for example if you look at all the campaigns that started this year, they are all reporting their payments in dollar terms.
example of a new mixer campaign starting last month paying in $ value: https://bitcointalk.org/index.php?topic=5196983.0
as i explained in my previous post, it is beneficial for businesses to pay in fixed $ value since bitcoin price is rising in long term.

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November 08, 2019, 02:07:17 PM
 #47

I prefer my payment in BTC because to me it feels like a double reward (getting the BTC for the campaign and feeling like I am trading it because it might rise anytime),
And we definitely hitting two birds in one stone. We all know that bitcoin fluctuate constantly and with that said payment in bitcoin help us to earn more unlike in USD payment as the value gets stagnant.

But we have to look at the companies side and respect the decisions of companies and their sign campaign managers.
And it's all up to us whether we participate ot not. I'm sure if there's only limited sig campaigns now ( just like before ) we really don't mind paying on usd ( bitcoin based price ).  Grin

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November 08, 2019, 03:51:59 PM
 #48

I prefer my payment in BTC because to me it feels like a double reward (getting the BTC for the campaign and feeling like I am trading it because it might rise anytime),
And we definitely hitting two birds in one stone. We all know that bitcoin fluctuate constantly and with that said payment in bitcoin help us to earn more unlike in USD payment as the value gets stagnant.

No, it doesnt get stagnant - the only difference here if you do accept on USD terms then youre safe from fluctuations, you might receive more or less in btc
and this is the advantage i do see just like what other members do tell on here.

For btc fix you can earn more in terms of usd value when the price tends to rise but also lose money or in value when it dips.

R


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November 08, 2019, 10:42:01 PM
 #49

Interesting thread. Most of the posters don't seem to understand what you actually meant lol

I like to get paid in a fixed USD value (like my current campaign does). This helps regardless of how the prices of bitcoins swing around. You wouldn't end up in $10 if you were supposed to get $100 per week. It could work the opposite way as well but too much risk when you're putting the work. I'm not that hungry for signature money so I'm better off getting a fixed USD-BTC converted value. This works in campaign's favor as well.
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November 09, 2019, 06:13:09 PM
 #50

I've always been on a signature campaign that paid in a fixed bitcoin amount, and I hope one day this will be the norm, but I do recognise that not everyone has a business than can run only on BTC when most of the economy around Bitcoin is still settled in fiat.

But I will say it was far easier to find gigs (I'm a freelancer) in the past with fixed btc price, and I even charged it in a fixed btc price, but since mid-2017 almost every gig is now priced in $, and I also submit my invoices in $.

Until I stop paying bills and rent etc in fiat, it also only makes sense to charge clients in $. It's the only way I can properly manage finances and tax.

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November 09, 2019, 11:33:38 PM
 #51

I wouldn't mind it being USD pegged right now - this volatility.. Overall still prefer BTC amounts because: stack sats Huh it's more 'consistent' in a way that way too.
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November 10, 2019, 11:49:28 AM
 #52

its surprising that most people here still choose btc just by basing on the poll . i thought everyone is complaining about the volatility of btc ? i even saw some complaints that people protest to be paid in a usd rate rather than btc during the continous decline happened  . for me i would also prefer to be payed by a usd rates but as long as the manager or the campaign owner wont cheap us . the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .
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November 10, 2019, 01:00:16 PM
 #53

its surprising that most people here still choose btc just by basing on the poll . i thought everyone is complaining about the volatility of btc ? i even saw some complaints that people protest to be paid in a usd rate rather than btc during the continous decline happened  . for me i would also prefer to be payed by a usd rates but as long as the manager or the campaign owner wont cheap us . the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .

We're on Bitcointalk, of course the results are biased! Cool

Well, the volatility is pretty much paper loss. Even if it hits rock bottom, nothing will happen as long as we don't sell it.

On the otherhand, upward spikes keep us hyped too.

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Lucius
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November 10, 2019, 02:46:37 PM
 #54

the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .

Sometimes you win, sometimes you lose if your campaign payout is set up that way. But you shouldn't be surprised that people prefer BTC over FIAT, this is a cryptocurrency forum, and many users just hold what they earn for long-term.

It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.

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Deathwing
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November 10, 2019, 02:55:06 PM
 #55

its surprising that most people here still choose btc just by basing on the poll . i thought everyone is complaining about the volatility of btc ? i even saw some complaints that people protest to be paid in a usd rate rather than btc during the continous decline happened  . for me i would also prefer to be payed by a usd rates but as long as the manager or the campaign owner wont cheap us . the volatility thing of btc makes me only stress mostly when it declines just before the time of payments .


Volatility is not always a negative factor. If you were receiving $100 per week in January for a total of one month and you wanted to sell it today, not too long, just 11 months of HODLing you would get more than double the amount of USD you were paid. And I stretched the timeframe a bit too much, even if you just look at the last few weeks when BTC suddenly reached $10k, you were still profiting off of your October signature campaign payments.
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November 12, 2019, 10:09:40 AM
 #56

I don't mind if they use one of these two types of payments, I also see from the distribution team's point of view that if the BTC goes up sharply, they will make sudden calculations to keep it smooth in payment. in this case it is better to use USD rather than reduce the nominal payment of BTC participants, unless they do have other reasons. it is only intended for efficiency.
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November 14, 2019, 04:51:09 PM
 #57

From what I see, the campaigns that pay in dollars are casinos and gambling sites, while the campaigns that pay in btc are mixer and exchange. I think the explanation is because thy have more customers who make deposits in dollars. so it's easier for these sites to pay in dollars, while the exchange and mixer that has customers who deposit bitcoins makes it easier to pay in bitcoin for sign campaign participants

Which crypto casino accepts payment in Dollars? None in my view. I recently used Playbetr and it uses Dollar as the site currency but still deposits/withdrawals are done in cryptocurrencies. Site converts the amount to dollars at the time of deposit and withdrawal.
On the contrary, I think casinos require bigger crypto reserves than exchanges or mixer since they have bankroll to maintain.
The only reason why I think some campaigns pay in dollars is because they want to maintain the expenditures at fix rate which is not possible due to high volatility of Bitcoin. So for campaigns which have established businesses and running long, it is easy to pay in dollars for the maintenance of books.

I particularly have no problem receiving in dollar or bitcoin

Actually I do. Receiving campaign payments in dollar equivalent deprives participants to make profits from compounding effect.
Chrystora123
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November 14, 2019, 05:27:30 PM
 #58

I noticed that 98% member commenting on this topic are signature hunters paid BTC..  Personally I prefer a signature campaign with paid Bitcoin than USD, although sometimes the rate changes, it doesn't matter to me.

It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
I think the same as you.. I'm sure the Bitcoin that I get, its value will increase over time.

TinaK
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November 14, 2019, 06:30:39 PM
 #59

I noticed that 98% member commenting on this topic are signature hunters paid BTC..  Personally I prefer a signature campaign with paid Bitcoin than USD, although sometimes the rate changes, it doesn't matter to me.

It may sound weird, but I'd rather always get paid in BTC, even if campaign manager offers a much better pay rate in $. I believe that all that I earn will only increase in value with time, but I understand your frustration, it's not easy when the price drops for $1000 just before you need to get your payment.
I think the same as you.. I'm sure the Bitcoin that I get, its value will increase over time.

I suggest not only you everyone to prefer the BTC payment. USD price will never change at the time of price dump we may agree USD but always BTC is the best choice for everyone.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.
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November 14, 2019, 08:41:20 PM
 #60

I suggest not only you everyone to prefer the BTC payment. USD price will never change at the time of price dump we may agree USD but always BTC is the best choice for everyone.
I love to have the bitcoin payment like we were getting payment in 2016 and 2017. It's was a golden year for signature campaign users.

This thread isn't about USD payment which would be not too far off impossible. It's about whether you want a USD peg.

I'm sure the uptake for something paid in USD would be upsettingly high. Ain't gonna happen though.
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