How do you like your sig campaign payments. USD vs. BTC

[DaveF]

How long this 'survey' will last?

I'm pretty sure with 1/2 pages, we'll get repetitive answers already.

My very basic plan was to leave it open until the next big swing (up or down) and see where things went.
Also, added poll.

-Dave

[Findingnemo]

Also, added poll.

Seems like I am the first one suggested it and also voted on it.

Like I said earlier having fixed value for every week in USD will be better for BTC campaigns.

[Battareus]

I never understood the meaning of converting to dollars, if only because it is not my native currency. I know people who trading on Forex convert the balance into dollars also and trade in them. But this is a forum dedicated to Bitcoin, why there is a need to fix values in dollars. Who needs he can convert in what currency is convenient for him.

[1Referee]

I never understood the meaning of converting to dollars, if only because it is not my native currency. I know people who trading on Forex convert the balance into dollars also and trade in them. But this is a forum dedicated to Bitcoin, why there is a need to fix values in dollars. Who needs he can convert in what currency is convenient for him.

In every market the us dollar is the dominant and the most liquid currency, so you can understand why it's used to benchmark the value of an asset.

Another advantage of everything being calculated in us dollars is the fact that your own native fiat currency will likely lose a few percent value against the us dollar, which means that you can get more of your own native fiat currency by selling the asset you got priced against the us dollar value. It's a major win. I personally calculate everything against the us dollar even though my native fiat currency is the euro.

I always ask for payments in Bitcoin when I'm dealing with people on the internet. I'm not worried about volatility at all. I focus on the long term and hold firmly through bull and bear market.

[ralle14]

BTC pay rates imo are better because there are more times when the price increases after the payments are given out but as someone mentioned there's also the downside of getting less than usual if prices dips down in the wrong time. For USD pay rates it's the opposite but I like the fact that you know the specific amount you're getting every week. I remember last year when Bitcoin went down to $5000 or less there's a few campaign participants asking for a small increase.

[leowonderful]

Most campaigns also don't raise payrates often, but I personally prefer payment calculated in just BTC as it's nice, simple and consistent for everyone, and even though it does suck to get paid in terms of dollars less when prices drop, my ultimate goal's just to stack more Bitcoin for the future more than anything, so it's not as much of a problem to me. A temporary difference of a few dollars won't matter in the future when Bitcoin moves to a price above where we're at now, though at the end of the day it's very opinionated and I suppose it just matters how you think about it.

[pooya87]

paying based on USD value is obviously more beneficial to the advertisers since bitcoin overall movement is rising and price keeps going higher so they will be paying less and less. conversely paying in BTC is more beneficial to the users. so obviously i prefer payment in BTC not USD equivalent.

with that said and keeping in mind that bitcoin is a currency itself and should be treated as such, i think for certain businesses it does not even make sense to pay in USD value.

we can categorize them into three:
1. a business that is running based on USD value. for example a shop selling goods that change value based on bitcoin price like steam selling games.
in this case it makes perfect sense because if price goes up, they earn less bitcoin so they can pay less bitcoin to their advertisers and vice versa.

2. a business that is running purely with bitcoin and is either not affected by its price at all or the effects are minimal. for example a gambling site or a mixing service. the former is affected a little by the price and the latter not at all.
in this case it makes no sense to pay in USD equivalent. the business is earning bitcoin and that amount is not affected by bitcoin price fluctuations. the only effect it may have is when we have a gigantic price rise like from $800 to $20,000 otherwise their revenue stays the same when price goes from $8k to $10k for example so their payment should not change.

3. like 2 but the effects are in reverse meaning if price goes up, the revenue of the business grows.
for example an exchange, when bitcoin price went from below $1k to above $10k levels their revenues (purely in bitcoin) grew a lot. these businesses paying in USD is absurd!

[LoyceV]

For a short-term campaign, I'd prefer a fixed amount of Bitcoin. For a long-term campaign, I don't think it's realistic to expect a fixed Bitcoin amount.
The first campaign I was in, lowered the monthly amount of Bitcoin several times during the 2017 bull run. But even after lowering it several times, the dollar equivalent was still higher than when the campaign started.
My current campaign has never changed the rates, it's fixed in Bitcoin. If it stays like that in the next bull run, it's going to be a monthly Lambo

[gentlemand]

My current campaign has never changed the rates, it's fixed in Bitcoin. If it stays like that in the next bull run, it's going to be a monthly Lambo

It was indeed pretty nuts during the last bull run. For a short while it paid more per week than most jobs I could find in my part of the world. If you were in somewhere in the developing world you would've easily been out earning your local judge or doctor.

I never expected any campaign to get above the equivalent of $50-100 per week in BTC or USD but plenty have.

[Quidat]

My current campaign has never changed the rates, it's fixed in Bitcoin. If it stays like that in the next bull run, it's going to be a monthly Lambo

It was indeed pretty nuts during the last bull run. For a short while it paid more per week than most jobs I could find in my part of the world. If you were in somewhere in the developing world you would've easily been out earning your local judge or doctor.

I never expected any campaign to get above the equivalent of $50-100 per week in BTC or USD but plenty have.

Its very rare to see campaign nowadays that do offer those high rates on a campaign.If theres one then they do have strict
requirements like merits and reputation.Even on current year signature campaign earnings are still lot more better than
on most day jobs globally coz not all living on 1st world countries that why they do find it sufficient for them.I'd accept
either btc or usd as long im earning.

[daarul50]

If you mean a fixed price in BTC or the respective value of X USD but in BTC, then I prefer in BTC. After all, 1 BTC = 1BTC and I like to think that I'm getting paid real BTCs for my "work" and not dollars but through BTC. Confusing? Maybe. But that's how I feel.

Also, probably not what you're talking about, but if I was getting paid in USD for that, I would just buy BTC right away. Pretty much all I get in this forum and other ventures is used to increase my BTC holdings.

what about this scenario :

pay rates is $50/week @0.005
3 months get paid by USD total $50x12= $600 , @0.005 x 12 = 0.06

assuming during the campaign bitcoin price dropped several times and it makes the amount of bitcoin we received a little bit increased higher.
if you get paid by USD in this scenario you probably get additional bitcoin which if you keep holding it until certain date -i would take an example when bitcoin price dropped to below $4000 at january 2019 to march 2019 and get doubled up at april to this date @$8000 , guess how much additional benefit you have received with my scenario above? of course really significant and that is why maybe i prefer with USD in hopes having extra bitcoins to hold .

[Strongkored]

Getting payment with BTC fix rate will be very beneficial for those who choose to save their BTC for long term, will gain more USD if the BTC price goes up.
Using USD rate will make the companies that conduct campaigns will be able to do the campaign in the long run.
Company will make calculation from campaigning for their business as well as the funds that must be spent
BTC or USD is not a problem for me.

[sheenshane]

How long this 'survey' will last?

I'm pretty sure with 1/2 pages, we'll get repetitive answers already.

My very basic plan was to leave it open until the next big swing (up or down) and see where things went.
Also, added poll.

-Dave

Hello Dave, this is just a friendly suggestion regarding your thread.
I think better you have to set a date when the deadline for the voting poll and then locking the thread.

Yes, I'm also in the campaign that you have mentioned in OP until now. The advantage that we can get in paying USD rate per week if the Bitcoin price goes down the amount of bitcoin that they will pay to participants will increase and then cash out when the price goes up. About last week's payment, I thought it will remain down but unfortunately, the price of bitcoin is at the top price button and something going down when the payment made.

There's nothing we can do. The rules were clearly stated before we dropping our application. We can simply disregard the sig campaign launching if we don't like the rule and regarding the payment. This term of payment will both company owners and participants will take advantage or disadvantage because there is fluctuation of bitcoin.

[STFU!]

as far that i remember i never sign up  for signature campaign . if i had a choice i will use USD as my main payment but the bank take a big fee for charge.so  i prefer to choose BTC cause it's just more simple than feeding the bank.

[milewilda]

If you mean a fixed price in BTC or the respective value of X USD but in BTC, then I prefer in BTC. After all, 1 BTC = 1BTC and I like to think that I'm getting paid real BTCs for my "work" and not dollars but through BTC. Confusing? Maybe. But that's how I feel.

Also, probably not what you're talking about, but if I was getting paid in USD for that, I would just buy BTC right away. Pretty much all I get in this forum and other ventures is used to increase my BTC holdings.

what about this scenario :

pay rates is $50/week @0.005
3 months get paid by USD total $50x12= $600 , @0.005 x 12 = 0.06

assuming during the campaign bitcoin price dropped several times and it makes the amount of bitcoin we received a little bit increased higher.
if you get paid by USD in this scenario you probably get additional bitcoin which if you keep holding it until certain date -i would take an example when bitcoin price dropped to below $4000 at january 2019 to march 2019 and get doubled up at april to this date @$8000 , guess how much additional benefit you have received with my scenario above? of course really significant and that is why maybe i prefer with USD in hopes having extra bitcoins to hold .

The good thing when you do receive on fixed btc rate is that you will able to accumulate and save up btc either you would decide to wait for price increase or would just simply
exchange or convert it directly to fiat depending to you.

When you do choose up fixed usd rate then amount of btc will always vary from time to time.When its price is high then you would receive less but if its low then you receive more.
If you do like to receive fixed usd value then this one is a better choice.

[daarul50]

The good thing when you do receive on fixed btc rate is that you will able to accumulate and save up btc either you would decide to wait for price increase or would just simply
exchange or convert it directly to fiat depending to you.

When you do choose up fixed usd rate then amount of btc will always vary from time to time.When its price is high then you would receive less but if its low then you receive more.
If you do like to receive fixed usd value then this one is a better choice.

that is correct , all in all whether it is by bitcoin or usd rates the both option is have its own benefit and risk mmmm....... wait i don't know if it is appropriate to call it as a risk hehe. with usd fixed payment you will have a chance to gain bitcoin feel like automatically.

or another option that riskier than the two usd & btc it is getting paid by token.
i remember IOST token signature campaign here https://bitcointalk.org/index.php?topic=3170747.780 they pay you $150 perweek speculatively in IOST token while the actual price by the end of the campaign is $200 , so you have some interest automatically unexpectedly.
interesting isn't it?

[Findingnemo]

as far that i remember i never sign up  for signature campaign . if i had a choice i will use USD as my main payment but the bank take a big fee for charge.so  i prefer to choose BTC cause it's just more simple than feeding the bank.

Guys,this is not about getting payments in USD,this is only about getting BTC in fixed value based on USD or just fixed BTC value.

[gentlemand]

Guys,this is not about getting payments in USD,this is only about getting BTC in fixed value based on USD or just fixed BTC value.

I wonder what the uptake would be if there was such a campaign. It would be nightmarish to operate but quite an intriguing thing to observe. Most people here are only because of the dollars anyway.

Unless you kept it to one country you'd have a full time job sending via Paypal, WU and bank transfer. At the very least it would remind people why crypto is rather nifty.

[masterzino]

I voted for Bitcoin. Crypto prices are like a roller coaster. One week BTC will surge 20% as you've said, the next will goes down. I'm using earned coins to pay for stuff like VPN, Hosting, Content Creators, etc. It's a more important affiliate earning, signature and others to be more than my expenses, in BTC or USD

[Vaculin]

BTC payment is more exciting, especially when time come that btc will pump.
I usually withdraw my earnings on a regular basis but when given a chance I would receive btc payment not pegged with usd price, I might have to employ the strategy of a trader which I would hold when the market is bearish and would only trade it when I see the price is already good.

In the early days of signature campaigns, most payments are just pure BTC, so I got used to it,