Crypto’s 80% Plunge

BusinessSmack · Sep 17, 2018

Crypto isn't remotely dead. We payout over 50% of our affiliates in crypto since Oct 2017. It's not because it's "cool" but because it's cheap, fast, and without the endless banking regulations that affect traditional payout methods like Wire, ACH, Paypal, WU, Payoneer, etc. I love crypto for that reason alone although it can be a bit more accounting if you follow all the US rules.

Vapys · Sep 17, 2018

BusinessSmack said:
Crypto isn't remotely dead. We payout over 50% of our affiliates in crypto since Oct 2017. It's not because it's "cool" but because it's cheap, fast, and without the endless banking regulations that affect traditional payout methods like Wire, ACH, Paypal, WU, Payoneer, etc. I love crypto for that reason alone although it can be a bit more accounting if you follow all the US rules.

Now that you admitted 50% of your business is paid in crypto and you don't follow all the accounting rules here's a little something to help you sleep at night.

JordynKamry · Sep 17, 2018

I purchased some crypto currency when it was at peaks and I believe it would never reach that point. But still keeping my fingers cross with a hope.

bartosimpsonio · Sep 17, 2018

justbrowsing1 said:
Bitcoin hasn't lost value over the last 3 months or so was my point though, alts have lost 60-70% in that time.

Alts were traded for Bitcoin. Alts are rarely ever traded for U$. Think about that for a minute.

Crypto’s 80% Plunge

BusinessSmack

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