Save you Bitcoin for your (grand) child / children? - page 22.

talkbitcoin

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Quote from: arseaboy on September 10, 2016, 07:40:50 AM

Quote from: sempak on September 10, 2016, 07:35:58 AM

is one of the bitcoin digital currency is growing. bitcoin provides us the ease of going all financial transactions. I believe bitcoin will be increasingly used in the future. bitcoin price increases in the future will help our children grow better.

if I succeed with my venture trading alt coin I will save 1 btc for my grand son I think having it kept properly and wait for them to grow hopefully I'm still alive on that time so I can see what will bitcoin can become after 30 years.

since i believe in bitcoin i say even keeping a very small amount NOW is going to be more than enough for the future generation. for example you can even keep 0.1-0.5 for them and if the price rises as we think it would, then that would be enough money by that time.

arseaboy

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Quote from: sempak on September 10, 2016, 07:35:58 AM

is one of the bitcoin digital currency is growing. bitcoin provides us the ease of going all financial transactions. I believe bitcoin will be increasingly used in the future. bitcoin price increases in the future will help our children grow better.

if I succeed with my venture trading alt coin I will save 1 btc for my grand son I think having it kept properly and wait for them to grow hopefully I'm still alive on that time so I can see what will bitcoin can become after 30 years.

sempak

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is one of the bitcoin digital currency is growing. bitcoin provides us the ease of going all financial transactions. I believe bitcoin will be increasingly used in the future. bitcoin price increases in the future will help our children grow better.

tyz

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Better is to split the savings. One half in a fiat savings account and one half in Bitcoins. The inflation rate eats your savings on the bank account because interest rate is very low. Bitcoin however promises good value development when everything works smooth in the future.

Quote from: mk4 on September 10, 2016, 07:14:10 AM

Thats a cool idea. But I would rather open like a savings account for them, just to be safe. Not saying that btc in unsafe though, it's just that its safer to use local currency.

gentlemand

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Quote from: mk4 on September 10, 2016, 07:14:10 AM

Thats a cool idea. But I would rather open like a savings account for them, just to be safe. Not saying that btc in unsafe though, it's just that its safer to use local currency.

Where I'm at you can't find a savings account that pays more than 1% interest. That might buy your descendants a double cheeseburger. Far more fun to take a wild bet on the future and see where it ends up.

chaosknight

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Quote from: dunfida on September 10, 2016, 07:26:08 AM

Quote from: upsidedown75 on September 10, 2016, 04:21:32 AM

Quote from: shugareward on August 31, 2016, 06:42:42 PM

i never save my bitcoins for my children because it is just a dumb idea all in all

Why are you saying like that? There is no such things or ideas, especially things about bitcoin, called dumb ideas, unless those ideas are ridiculously impossible and unreasonable. However, this idea isn’t something crazy, it’s maybe the greatest idea I’ve ever heard in this forum and I think it would be the most meaningful gift for our children.

I agree with you its not a dumb idea at all in fact is quite good to have this motivation or goal to save up some of our bitcoin for our grandchildrens. To those people who dont like with this idea maybe hes to greedy enough that he would really only like to spend his bitcoins for himself and dont mind others to benefit it.

Yes as our parents saved money for us for our education, we should save bitcoins for our children and grand children so that it can take good care of their studies and we can also teach them how to earn them.

dunfida

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Quote from: upsidedown75 on September 10, 2016, 04:21:32 AM

Quote from: shugareward on August 31, 2016, 06:42:42 PM

i never save my bitcoins for my children because it is just a dumb idea all in all

Why are you saying like that? There is no such things or ideas, especially things about bitcoin, called dumb ideas, unless those ideas are ridiculously impossible and unreasonable. However, this idea isn’t something crazy, it’s maybe the greatest idea I’ve ever heard in this forum and I think it would be the most meaningful gift for our children.

I agree with you its not a dumb idea at all in fact is quite good to have this motivation or goal to save up some of our bitcoin for our grandchildrens. To those people who dont like with this idea maybe hes to greedy enough that he would really only like to spend his bitcoins for himself and dont mind others to benefit it.

mk4

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Thats a cool idea. But I would rather open like a savings account for them, just to be safe. Not saying that btc in unsafe though, it's just that its safer to use local currency.

antonioa

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Quote from: tyz on July 13, 2016, 04:24:23 PM

Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?

While I'm going to have her baby, and when he will be great, it will be on many bitcoin popular that my child will make it without too much difficulty. Just do not think that its value will be so enormous, as we expected.

BlackPanda

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t is a brilliant idea. we can give the inheritance to ensure the life of our children in the future.
I quite believe that bitcoin in the future have a very high price.
our children will get enough money to live a good life.

aomakun

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yes,, and i hope later bitcoin will reach $5000 / btc when i already have children Grin

passwordnow

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Quote from: Crypt0kn1ght on September 08, 2016, 11:48:30 AM

I don't have children\grand children but it's not a bad idea to buy about 1 BTC and forget about it till i get children ) possibly that day price will be high and it will be like lottery win for my children )

I know someone he has been doing that since 2013. He has already 5 bitcoins on his cold storage and he is planning to inherit that amount for his grand children. Since he is already rich he doesn't care about that 5 bitcoins at all. I hope I am going to be the same with him. But as of now, I am not even able to save bitcoin for myself.

Fatanut

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Saving Bitcoins for the future offspring of your future offspring means that you really care about your family. You care so much that you even care about people who don't even exist yet. Saving Bitcoins right now and passing it by 2 generations will surely make your grand kids wealthy. Having money when you aren't even born yet would be a good thing. It's nice living a rich life.

But I personally wouldn't do that. Getting born with a silver spoon in your mouth just makes your entire life boring. You don't have to grind or anything because there's no point, you're already rich. I will let my grand kids experience a life with not that much money, I want them to persevere to get to the top not be on the top ever since they were born.

Barbut

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When ever we talk here on forum about saving money, saving bitcoins I think about how much I need money now. Without money you can't make money, without money you can't save money.
I could stay on a side something yes, but its waste of time when you put cent's on a side, with coins I earn I try to make more, and part is used to cover my debts in real life.
Idea about saving bitcoins is great idea, for grandchild's even better. But I guess rich people can afford them to put money on a side. I'm not in situation to do that, I need to find a way to make some business. But with no money its like mission impossible.

upsidedown75

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Quote from: shugareward on August 31, 2016, 06:42:42 PM

i never save my bitcoins for my children because it is just a dumb idea all in all

Why are you saying like that? There is no such things or ideas, especially things about bitcoin, called dumb ideas, unless those ideas are ridiculously impossible and unreasonable. However, this idea isn’t something crazy, it’s maybe the greatest idea I’ve ever heard in this forum and I think it would be the most meaningful gift for our children.

setupbounds

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I haven’t had any grandchildren yet so I haven’t thought about this put I think it’s good to some for my descendants, I won’t only just give them a bunch of money but I’ll also give them some opportunities of spending it as well as earning some income with that money easily, but I think first things first, I should make some profit out of it and then save them for my own needs before I can have a huge amount of bitcoin to save it for someone else.

Crypt0kn1ght

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I don't have children\grand children but it's not a bad idea to buy about 1 BTC and forget about it till i get children ) possibly that day price will be high and it will be like lottery win for my children )

praprata

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If I make enough with Bitcoin I will without a doubt save some for my children but only if I make enough. I am waiting a long time and I want my waiting to be paid off.
If I do not make much I am going to treat my self for waiting so long instead of my kids.

satdas

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Quote from: mixan on July 13, 2016, 06:47:42 PM

Sounds more or less like it will be part of a will.
Or if you like it could be part of an inheritance.
But I don't know if a lawyer who handles the estate would know how to pass them on to the grand kids Undecided

there is a simple law about this in every religion and in every state if you study this issue in Islam you will clearly understand the share of every one i think distribution of inheritance is one of the most complicated problem to be solve.

bhadz

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Well this is coming to my mind I am doing it already and thinking about if what is going to be the value of bitcoin by that time if I gets old.
So that you are not going to think about the financial needs of where you are going to get it if you have saved a lot of bitcoin by that time.
You are confident that you have something for the future of your children and grandchildren.

Topic: Save you Bitcoin for your (grand) child / children? - page 22. (Read 36315 times)