I'm just thinking about to give away to my 4-year-old nephew a 0.01 BTC

mark__s

newbie

Activity: 19

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Thank you everybody I have made the decision to make this thing reality, I've just created the wallet and printed 3 copies of it (1 for me, 1 for my nephew (that i'll give to my sister) and one stored safety in my loft with only my mother aware of the place Cheesy

).

This is the address that I've made for him 18RRU9vusin5URqbW823jPrdAiAWtQ4zf1, now I only have to deposit the 0.1 BTC, but it lacks 1 month to his birthday so in the time remaining I'm trying to keep the 0.1 for me and trade it for cumulation.
If somebody of the new, wealthy elite wants to give to my nephew a little present all donation will be for Tommy (this is his name) and when it will be 18 years old would have an even greater surprire Cheesy

Thanks for the advice man, one day I will let him read this conversation which I am sure will remain faithfully archived in this forum where everything was born <3

TimesVeronica

newbie

Activity: 73

Merit: 0

Just remember to protect the paper. And besides, make sure you know how to make a wallet safely. You have a good vision with your nephew because you are thinking about her future. It has been a long time since it was used to discover that bitcoin would be fun.

fantasticX5

newbie

Activity: 126

Merit: 0

Wow nice idea... I hope that it will multiple by many times until your nephew reach at age 18. It's a good gift for him to build his future in a right direction.

gentlemand

legendary

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Welt Am Draht

Quote from: Zalaster on July 13, 2018, 10:46:06 AM

If I were you, I would not be in a hurry, but would collect a little more, at least 1 BTC. After all, there is no urgency to make a gift right now, so the more you give, the more pleasant your nephew will be. I consider you a very reasonable and generous person.

Do you know many people with several thousand dollars ready to be thrown at something that won't be tapped for many years? I don't. Unless you bought one in the $200 range it's not going to happen.

This is a cool gesture that might be a nice bonus some day and that's how it should be treated by the person providing it too. No point in wiping themselves out.

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: mark__s on July 12, 2018, 12:02:44 PM

That's the max that I can afford at the moment (I'm 22) but I want to save it on a wllet of paper and give it to my sister telling her to keep it safe and that we will give it to him when he is 18 years old. Do you think is a nice idea? Cheesy

It is a pretty nice idea to gift your nephew some bitcoins as he will also learn about some investing and also will be having an example on how a small investment can give tremendous returns in the future but you must make a backup of that wallet as it's pretty easy to loose a paper wallet if not kept safe and there have been times when the people have lost their printed paper wallet in some place like in their old table which they have thrown and also they lost their digital wallet in a hard drive.

welchmgra

jr. member

Activity: 77

Merit: 1

Quote from: mark__s on July 12, 2018, 12:02:44 PM

That's the max that I can afford at the moment (I'm 22) but I want to save it on a wllet of paper and give it to my sister telling her to keep it safe and that we will give it to him when he is 18 years old. Do you think is a nice idea? Cheesy

Its a good idea plus a greatest gift for your nephew.0.01 is enough money and since you're giving it after 15 year so it become double and triple.I believe everybody will be using bitcoin after 15 years .I my self save some coins for my son and i believe it will help him when he reach in university level.

kangbasir

member

Activity: 394

Merit: 10

I think this is a good idea though the value of bitcoin is currently relatively low probability of 0.01 btc in the next 15 years to come 0.01 btc is very meaningful but you have to remember is to keep it in a really safe place so as not to waste -drain.

RudeeTam

member

Activity: 299

Merit: 11

They won't be thinking much about it in the long run since they don't delve in cryptos like you do. IMO, it's best if you just keep it and give cash to your nephew. When he is 18 yrs old, and bitcoin price is hopefully high, then you can give him the 0.01 BTC. I think he would be happier that way.

Bellator

hero member

Activity: 826

Merit: 501

Quote from: mark__s on July 12, 2018, 12:02:44 PM

That's the max that I can afford at the moment (I'm 22) but I want to save it on a wllet of paper and give it to my sister telling her to keep it safe and that we will give it to him when he is 18 years old. Do you think is a nice idea? Cheesy

Keeping bitcoin in a longer span of time as history proves.. a huge profit.12 more years were not too far for bitcoin to live long and i think it was such a great idea of saving it for him.I just thought that at a younger age theres a chance that he will be aware of the creation of high technology,the blockchain technology and probably he will become interested with it,most especially that he already owns bitcoin in an early age.

Crypto24hrs

jr. member

Activity: 462

Merit: 1

I wish i could no your reason for doing this but be it as it may i think it is a right step at the right direction, by this you have automatically enrolled him into crypto family which is a plus to our big family.

mark__s

newbie

Activity: 19

Merit: 0

Quote from: waitforme on July 14, 2018, 06:27:02 AM

Quote from: mark__s on July 12, 2018, 12:02:44 PM

That's the max that I can afford at the moment (I'm 22) but I want to save it on a wllet of paper and give it to my sister telling her to keep it safe and that we will give it to him when he is 18 years old. Do you think is a nice idea? Cheesy

This is great and meaningful when you decide to donate 0.01BTC as an item too. If you write in a private key, I suggest you put the paper in a glass jar and bury it in the ground with your child. And say we will exchange it when he's 18th birthday.

Dude man, this ia a great idea, maybe i could made a little, SHORT treasure cruise for it (thinking he would be a 18 yeard old guy I hope he will have also other things to do that day ahah) and at the end he will find the glass jar with the wallet inside Cheesy

fucking memorable ahah

waitforme

full member

Activity: 618

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BBOD The Best Derivatives Exchange

Quote from: mark__s on July 12, 2018, 12:02:44 PM

That's the max that I can afford at the moment (I'm 22) but I want to save it on a wllet of paper and give it to my sister telling her to keep it safe and that we will give it to him when he is 18 years old. Do you think is a nice idea? Cheesy

This is great and meaningful when you decide to donate 0.01BTC as an item too. If you write in a private key, I suggest you put the paper in a glass jar and bury it in the ground with your child. And say we will exchange it when he's 18th birthday.

mark__s

newbie

Activity: 19

Merit: 0

Thanks guys, the only problem is that I'll have also to explain to my sister what a paper wallet is and how much important it is Cheesy

she is a biotechnology but I'm sure I will take it a little bit of time to explain it ahah but no matter if she will undestrand or not, one day she will be conscious that this was maybe the best gift he will ever receive Wink

becklyn06

newbie

Activity: 79

Merit: 0

Yes, yes very good idea your Nephew will thank you later cos it has the potential to be worth much more as years goes by.

jossiel

hero member

Activity: 2842

Merit: 625

Quote from: AliMan on July 13, 2018, 10:09:23 AM

This idea is so great and just shows how loving and generous you are to your nephew. But looking at the big picture I don't think that it will be possible now because you just said that your nephew is just 4 yrs old. Maybe the better thing that you can do is to make that amount grow and when times comes that your nephew is old enough then you can already give it to him.

He's a loving uncle and I hope he's one of my relatives that are in crypto but sadly, no one has ever get interested to it in our blood line but only me. It's okay if his nephew is young, like the 0.01BTC that he'll give is also young so until it grows together with his nephew the value will also grow.

You will love to see it growing.

Quote from: Ahimoth on July 13, 2018, 10:06:17 AM

That's nice of you being an uncle but I don't think if that would be a great idea since you have mentioned that your nephew is just 4 yrs old. Well giving it to him is a good thing but how can he evenre make it grow? You have a great idea but it's complicated it your case especially your nephew is not yet aware of the systemtime. My advice for you is to make it grow first then give him some soon.

His nephew doesn't need to do something to grow, it will be stored on a paper wallet so there's no need to worry about that.

It is like an inheritance.

Transformbitz

full member

Activity: 434

Merit: 101

0.01 in the next 5 years would be different. So you're thinking about his future on that price. I would glad if those Bitcoin will reach 1million per bitcoin. You're newphew will retire early at the age of 10 years old lol

Gurjasmeet

copper member

Activity: 196

Merit: 0

I think it's a good idea for your nephew future. I am sure this gift for him will be very helpful when he become 18 year's .l am very happy & proud to your great idea.3

Harry1v

member

Activity: 115

Merit: 10

When he was 20 years old, 0.01 BTC should be worth thousands of dollars, which should be the biggest gift he got as an adult. I really envy your nephew.

gasparyu

newbie

Activity: 96

Merit: 0

Good uncle here spotted Grin

this is a really thoughtful gift of you. He'll be really lucky if its value is so high when he turns 18. Just keep that paper secured and you're good to go.

stellaekun

newbie

Activity: 234

Merit: 0

0.01 Bitcoin may not mean so much now, but one can only imagine the future possibility.Imagine 1 bitcoin become a million dollar in 10 years time, 0.01 btc will be a lot legacy for a child then.

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