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Author Topic: Save you Bitcoin for your (grand) child / children?  (Read 36298 times)
shugareward
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August 31, 2016, 10:42:42 PM
 #241

i never save my bitcoins for my children because it is just a dumb idea all in all
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September 01, 2016, 02:11:01 AM
 #242

You stole my dreams Roll Eyes I had already planned to save bitcoin from my son and grand son because I know that during their times its price will be sky high so if I could gift then at least 1 btc also then they would feel high with happiness because in their times rate will be more than $2000
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September 01, 2016, 02:52:23 AM
 #243

You stole my dreams Roll Eyes I had already planned to save bitcoin from my son and grand son because I know that during their times its price will be sky high so if I could gift then at least 1 btc also then they would feel high with happiness because in their times rate will be more than $2000

haha.. that's a good crazy idea..
i think you can use paperwallet for long term Smiley
so your children don't know you have big saving money

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madwica
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September 01, 2016, 03:23:39 AM
 #244

You stole my dreams Roll Eyes I had already planned to save bitcoin from my son and grand son because I know that during their times its price will be sky high so if I could gift then at least 1 btc also then they would feel high with happiness because in their times rate will be more than $2000
That is not good to store it for a long time of period to use it by your grand son, you need to invest in bank that is transferable when you are going to die that also gives you high security because of the insurance of money in the bank.
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September 01, 2016, 04:17:41 AM
 #245

Yes this is a good idea, if i gift my grand son even if 1 btc then also he will be super happy because at that time the price will reach upto 2 3 lakh After few years
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September 01, 2016, 04:34:28 AM
 #246

Yes this is a good idea, if i gift my grand son even if 1 btc then also he will be super happy because at that time the price will reach upto 2 3 lakh After few years
That is good if you give a bank account to them after they have knowledge in this world, 1 bitcoin is huge amount and it helps them on their personal expense or what they want to buy with the amount of 1 bitcoin.
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September 01, 2016, 04:38:34 AM
 #247

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.

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September 01, 2016, 07:39:29 AM
 #248

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.
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September 08, 2016, 03:34:25 PM
 #249

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.


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September 08, 2016, 03:48:30 PM
 #250

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 )
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September 09, 2016, 07:25:49 PM
 #251

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.
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September 10, 2016, 08:21:32 AM
 #252

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.
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September 10, 2016, 08:33:39 AM
 #253

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.



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September 10, 2016, 10:16:32 AM
 #254

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.

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September 10, 2016, 10:53:08 AM
 #255

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.

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aomakun
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September 10, 2016, 10:59:47 AM
 #256

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

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BlackPanda
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September 10, 2016, 11:03:22 AM
 #257

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.
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September 10, 2016, 11:08:11 AM
 #258

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.
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September 10, 2016, 11:14:10 AM
 #259

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.

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September 10, 2016, 11:26:08 AM
 #260

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.

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