Would you like to get paid in Bitcoin?

[Abdussamad]

Update 4:
Just got an e-mail saying my payment went through, $500 at $317/BTC -> 1.57425774 sent to my Bitcoin address.
Next, I will convert all of my paycheck to bitcoins. I can covert BTC->USD as needed.

That is pretty awesome!

[1714952167]

1714952167

[1714952167]

1714952167

[Rub3n]

I would love to see scam mails show up from Nigerian princes that say there is 20,000,000$ in bitcoin free to take, only use this client to claim your bitcoin heritage...

[Orangina]

Who wouldn't That's just another huge step to the Bitcoin economy , BTC to da moon 

[Sythyn]

Corporate payments in BTC will be the future.

[bitkilo]

Congrats Elwar, i might think about doing this now.
We already have https://www.livingroomofsatoshi.com/ here so my bills are covered with BTC.
Food, well member glennmatthew has that covered here for me https://bitcointalk.org/index.php?topic=797982
I dont really need fiat anymore.

[fatguyyyyy]

I already do get paid in bitcoins :-)

[caga]

Not really. I do somework online for which I get paid in bitcoin. For my fulltime job, I would like to stick with FIAT as that can be used everywhere and bitcoin is still in the adoption phase.

[UnlikelyStory]

No, swings are too big.

[BigBertie]

I don't want to get paid with something that's already going out of fashion 

OK.
That's it.
The gloves are off Young Mike.

I hope you are not too young because i am going to kick your arse.

Shut up newbie-boy  I'm the man. I made profits a year ago and now I'm the winner and those who came too late in the game and are still on the boat are Bob's food 

you shut up

a man eh.

nah smug boy more like.

So you got out last year. OK well done.
Now you come on here trolling how low it is going to go.

[Elwar]

No, swings are too big.

You know when else the swings were too big? When the price was jumping from $8 to $4 and back within days. Now people wish they bought bitcoins back then but people had the exact same reasons for not getting into Bitcoin then.

[desired_username]

YES!

[caga]

No, swings are too big.

600 to 300 is a pretty big swing imo
Even the one from 0.03$ to 1300$ was

[HeroCat]

Probably yes, why not  Bitcoin can be payment without any problem 

[caga]

Probably yes, why not  Bitcoin can be payment without any problem 

The risk is in the price. If you are paid 100K per year and price halves, then you could potentially lose 50K.
THats the risk you should be willing to take.

[1Referee]

Who wouldn't That's just another huge step to the Bitcoin economy , BTC to da moon  

You sure?

People will convert their coins into fiat in order to pay bills.

And if a company accepts bills to be paid in Bitcoin, then they just get fiat from the payment provider.

Either way, the Bitcoins will get sold.

[caga]

Who wouldn't That's just another huge step to the Bitcoin economy , BTC to da moon  

You sure?

People will convert their coins into fiat in order to pay bills.

And if a company accepts bills to be paid in Bitcoin, then they just get fiat from the payment provider.

Either way, the Bitcoins will get sold.

But that will be balanced with the bitcoins being bought by the company in first place.

[1Referee]

Who wouldn't That's just another huge step to the Bitcoin economy , BTC to da moon  

You sure?

People will convert their coins into fiat in order to pay bills.

And if a company accepts bills to be paid in Bitcoin, then they just get fiat from the payment provider.

Either way, the Bitcoins will get sold.

But that will be balanced with the bitcoins being bought by the company in first place.

Could be, but this won't cause the price to go "to the moon" as some one mentioned.

[Elwar]

Who wouldn't That's just another huge step to the Bitcoin economy , BTC to da moon  

You sure?

People will convert their coins into fiat in order to pay bills.

And if a company accepts bills to be paid in Bitcoin, then they just get fiat from the payment provider.

Either way, the Bitcoins will get sold.

It is all about liquidity.

If there are 1 million bitcoins available for trade and 100,000 people get paid 10 bitcoins per month there is a length of time between when those people obtain the bitcoins and they sell them.

If per month people keep their bitcoins for 2 weeks (get paid every other week, it takes a week before they cash them out) then the bitcoins available throughout the month is cut in half. This changes it from 1 million bitcoins available for trade to 500,000.

Every instance where bitcoins are taken off of the market contributes to a higher price.

[1Referee]

Who wouldn't That's just another huge step to the Bitcoin economy , BTC to da moon  

You sure?

People will convert their coins into fiat in order to pay bills.

And if a company accepts bills to be paid in Bitcoin, then they just get fiat from the payment provider.

Either way, the Bitcoins will get sold.

It is all about liquidity.

If there are 1 million bitcoins available for trade and 100,000 people get paid 10 bitcoins per month there is a length of time between when those people obtain the bitcoins and they sell them.

If per month people keep their bitcoins for 2 weeks (get paid every other week, it takes a week before they cash them out) then the bitcoins available throughout the month is cut in half. This changes it from 1 million bitcoins available for trade to 500,000.

Every instance where bitcoins are taken off of the market contributes to a higher price.

I understand that, but that's if a lot people agree to get paid in Bitcoin. In current situation it won't do anything.

At this point it's pure gambling with your income if you decide to get paid in Bitcoin as you might end up with a huge loss or gain.

Makes it not very appealing to get paid in Bitcoin, with bills to be paid such as mortgage, insurance, car, electric, gas, etc

[gamerholicdotcom]

getting wage in coins wouldnt be cool cuz there are not enaugh places that accept coins