Do any of you accept crypto currencies for your photography services?

1 year 3 months ago #748514 by Rudy Sosa
I just had someone offer me Bitcoin for a large wedding gig I’m going to be shooting for them.  What he is proposing equals to roughly 25% more than what I quoted them.  But I have Bitcoin given as payment, which for me, isn’t as liquid as cash.  But I’m tempted because he is over paying me by ~25% if I take Bitcoin for payment. 

Would you accept?

If you do accept crypto currencies, how do you get it liquid?  Or do you leave it for an investment?  


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1 year 3 months ago #748598 by Jerrid
Absolutely not, remember the value of Bitcoin was over $60,000 only 7 months ago.  It recently dropped below $20,000.  It is extremely volatile.  


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1 year 3 months ago #748606 by Razky
Cold hard cash, or find another sucker!


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1 year 3 months ago #748751 by Overread
I wouldn't those prices are all over the place


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1 year 3 months ago - 1 year 3 months ago #748768 by icepics
No, seems too unstable. Who knows what the actual value would be when you'd get paid. They're dangling bait, let them find somebody else.

Sharon
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1 year 3 months ago #749027 by Uplander
Not a chance!  


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1 year 3 months ago #749065 by Sean Lamber
Let me check my investments from a couple years ago.  :blink:   investments worth 23% of what I invested?  Need I go further?  I'm going to ride this out and hope I come out ahead, but will not invest more.  


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1 year 2 months ago #749179 by Owen
When you have seen your investments drop from something to nearly nothing, accepting or not accepting this currency is an easy answer.  I'm just glad that we didn't invest that much into it.  But still, it's just not a stable investment. 


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1 year 2 months ago #749206 by Francis
While I'm no pro with these sort of currencies, I just choose not to dive into them, too much volatility.  


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1 year 2 months ago #749278 by Crammer
Hmmm let me think about this... No.  


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1 year 2 months ago #749305 by Stanly
Depends on which currency we are talking about and how much.  1-1, not going to take it, if what I receive has risk value bundled into it, then yes.

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1 year 2 months ago #749324 by Xavier
100% pass.  Cold hard cash only.  Real cash for me.  


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1 year 2 months ago #749561 by Rudy Sosa
Yeah you all made some good points, I ended up declining the offer.  Client did end up paying with cash.  


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1 year 2 months ago #749645 by Kenta
You made the same decision I would have.   I have some crypto stashed away in a digital wallet that has gone down quite a bit in the last 12 months.  So that should answer your question from my standpoint.  


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1 year 2 months ago #749707 by J Photo Man
NO.


Nothing more to say on that.  Just to much risk. 


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