Jump to content

Will the teams of players being paid in bitcoin get salary cap relief as bitcoins falls to almost nothing?


Recommended Posts

  • Replies 63
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Just imagine how bad a businessman must be to bankrupt multiple casinos…

The Titans aren't fools, that shit was converted to US dollars before it ever hit their accounts. 

If bitcoin goes negative do the players have to pay the teams? 

Posted Images

Depending on how the deal is written, it could be the they get paid based on bitcoin valuation at the time it's paid, which means a dip actually results in more Bitcoin. As most of those players are probably big believers in bitcoin, I bet they're hoping it falls falls falls before they get paid.

Link to post
Share on other sites

47 minutes ago, 9 Nines said:

Since these players will soon be making almost nothing, as bitcoins falls toward 0, will it free up salary cap space for their teams?  

 

Better yet

 

OBJ is a free agent, he took his salary in BTC last year.

 

I'd offer him a deal in BTC ASAP

Link to post
Share on other sites

3 minutes ago, OILERMAN said:

 

Better yet

 

OBJ is a free agent, he took his salary in BTC last year.

 

I'd offer him a deal in BTC ASAP

Whoever paid for season tickets or bought a PSL when the Titans announced they would accept BTC got them for a steal! 

Edited by IsntLifeFunny
Link to post
Share on other sites

1 minute ago, OILERMAN said:

 

The Titans aren't fools, that shit was converted to US dollars before it ever hit their accounts. 

I know, but the guy who got the tickets or PSLs is better off with those than if he still had his BTC. 

Link to post
Share on other sites

5 minutes ago, IsntLifeFunny said:

I know, but the guy who got the tickets or PSLs is better off with those than if he still had his BTC. 

 

I'd like to know if anyone even did it. They think/thought it was going to 100k so why spend it?

Link to post
Share on other sites

1 minute ago, OILERMAN said:

 

I'd like to know if anyone even did it. They think/thought it was going to 100k so why spend it?

I just read through that thread and it’s somewhat mind numbing the logical loops they’re trying to use to understand the product/commodity they’ve bought. It isn’t a currency and never will be. It isn’t a stock or something that provides value. It is a commodity with no intrinsic value to it, which doesn’t mean it doesn’t have value because of the market and people’s perception of it. 
 

Seeing someone (I won’t say who) say it could hit 100 million and then would be a verifiable currency was hilarious, and I really like the guy who said it but come on now. It’s a commodity because people want it, nothing more. 

Link to post
Share on other sites

2 hours ago, IsntLifeFunny said:

I just read through that thread and it’s somewhat mind numbing the logical loops they’re trying to use to understand the product/commodity they’ve bought. It isn’t a currency and never will be. It isn’t a stock or something that provides value. It is a commodity with no intrinsic value to it, which doesn’t mean it doesn’t have value because of the market and people’s perception of it. 
 

Seeing someone (I won’t say who) say it could hit 100 million and then would be a verifiable currency was hilarious, and I really like the guy who said it but come on now. It’s a commodity because people want it, nothing more. 

 

 Tried to warn the crypto bros in that thread...

Link to post
Share on other sites

I love it when guys at work try to tell me about their latest investing scheme and try to get me to buy in.  Nah bro, I'm good with my old boring S&P index fund.  

 

It's like gamblers.  Every person I ever met who went to Vegas made a bunch of money!  I know there's some people who make money in poker and stuff like that but slots or going up against the casino, just as well to set that money on fire.  

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    No registered users viewing this page.


×
×
  • Create New...