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Author Topic: Save you Bitcoin for your (grand) child / children?  (Read 36298 times)
severaldetails
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August 24, 2016, 04:52:15 PM
 #201

If you want to give something to your grand children, buy some gold or maybe a house.
Gold has proven to be desired for thousands of years while the whole concept of crypto currency is not older than a decade.
Nobody can tell if bitcoin will be worth anything in twenty years.
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August 24, 2016, 05:28:49 PM
 #202

I never thought about it. I just wanna grow up by bitcoin. I don't know what my child will do with it but I will suggest him to stay with bitcoin.as I say I never thought about these.I just gathering my bitcoin for trading, altcoin investment etc..
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August 24, 2016, 05:30:30 PM
 #203

If you want to give something to your grand children, buy some gold or maybe a house.
Gold has proven to be desired for thousands of years while the whole concept of crypto currency is not older than a decade.
Nobody can tell if bitcoin will be worth anything in twenty years.

It's will worth more than  5000$ according to me and I will accept that gold is one of the best investment but however as being as bitcoin users We should support Bitcoin and adopt as much we can in our business.
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August 24, 2016, 05:34:38 PM
 #204

If you want to give something to your grand children, buy some gold or maybe a house.
Gold has proven to be desired for thousands of years while the whole concept of crypto currency is not older than a decade.
Nobody can tell if bitcoin will be worth anything in twenty years.
we can't also say that gold still have the same value after that time, but crypto is continuing development and it is really easy to keep and save it for your grandchildren if you can afford to buy 1 btc today and save it to your safe storage and leave it we can't say how much would it be after 20 years or more, as we never think of the price of it today.

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August 24, 2016, 05:45:46 PM
 #205

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?

Yes I would save bitcoin for them because the time maybe when I already have them the price of bitcoin is multiple times the value compared today. There is really potential in bitcoin because its been existing for a decade now and its price been increasing though there are unexpected pullback of price, it is still slowly rising.There are also investors who invested in bitcoin because they know that they can profit from it in the future so I also trust bitcoin and I am slowly accumulating it for my future children and grandchildren.

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vero
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August 24, 2016, 07:09:32 PM
 #206

why we must save for them, i don't know it for your (grandchild / children / nephew ) whatever you have so why not we give them something stuff their like by now not save for a long time period at least we never know how long bitcoin can survive.

severaldetails
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August 24, 2016, 07:57:56 PM
 #207

If you want to give something to your grand children, buy some gold or maybe a house.
Gold has proven to be desired for thousands of years while the whole concept of crypto currency is not older than a decade.
Nobody can tell if bitcoin will be worth anything in twenty years.
we can't also say that gold still have the same value after that time, but crypto is continuing development and it is really easy to keep and save it for your grandchildren if you can afford to buy 1 btc today and save it to your safe storage and leave it we can't say how much would it be after 20 years or more, as we never think of the price of it today.

Gold will always be worth something. Of course it has its fluctuations, but I don't think it will be ever obsolete.
With crypto, well, who knows. It's just too new on the market to make predictions for the long future.
If you can really afford to buy a bitcoin for your children, why not. But if it would decimate your legacy on a larger scale, I would not do it.
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August 24, 2016, 10:13:11 PM
 #208

Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
it wouldnt be better for sure, bitcoins are a great investment and it would definitely have a possibility to make your children big money

 
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August 24, 2016, 11:01:44 PM
 #209

Saving Bitcoins for child or grand child is great Idea. But we must have to make them educate before using this extrordinary asset. Definitely bitcoin have great future and feature, But as well bitcoin have that much tough security. So test or experiments are not allowed with bitcoin.

When next generation come, there will be more revolution in community globally..
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August 24, 2016, 11:28:15 PM
 #210

Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
it wouldnt be better for sure, bitcoins are a great investment and it would definitely have a possibility to make your children big money
big money, and like you're just saving a one BTC for your child and the possibilities your child will have a big money in the future?LOL tell me about the percentage of possibilities that is will happen? that's very useless because you're not know whether that is will happening or not.

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August 24, 2016, 11:36:47 PM
 #211

Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
it wouldnt be better for sure, bitcoins are a great investment and it would definitely have a possibility to make your children big money
big money, and like you're just saving a one BTC for your child and the possibilities your child will have a big money in the future?LOL tell me about the percentage of possibilities that is will happen? that's very useless because you're not know whether that is will happening or not.
Definitely right,once satoshi had been saying that bitcoin will be either  becoming a big currency or turn into a useless thing,whether it'll be what it's just matter about the time so definitely can't say bitcoin will be big in the future,but i still hope the best for bitcoin

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August 25, 2016, 05:12:02 AM
 #212

Saving Bitcoins for child or grand child is great Idea. But we must have to make them educate before using this extrordinary asset. Definitely bitcoin have great future and feature, But as well bitcoin have that much tough security. So test or experiments are not allowed with bitcoin.

When next generation come, there will be more revolution in community globally..

i think if bitcoin survive then in future bitcoin will be booming, im sure our grand child know about bitcoin, and we don't need to introduce our grand child about bitcoin.

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naidray
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August 25, 2016, 06:51:27 AM
 #213

Saving Bitcoins for child or grand child is great Idea. But we must have to make them educate before using this extrordinary asset. Definitely bitcoin have great future and feature, But as well bitcoin have that much tough security. So test or experiments are not allowed with bitcoin.

When next generation come, there will be more revolution in community globally..

i think if bitcoin survive then in future bitcoin will be booming, im sure our grand child know about bitcoin, and we don't need to introduce our grand child about bitcoin.
Yes, we will not be in need to explain about bitcoin to our grand children. But definitely they will as for how many bitcoins we will be saving for them like assets. We can not ignore them, bitcoin is cheaper compared to future prices. But, greedy will make any amount as a small one so I do not think we will be able to satisfy them with any amount of bitcoins.
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August 25, 2016, 07:01:39 AM
 #214

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?

Recently i'm saving bitcoins for my own future as i'm still single and i would need some money in coming time, but if bitcoin could survive till that time or i could stay alive by the time i will have children then i would surely save some of them for my grand children or children.
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August 25, 2016, 03:36:43 PM
 #215

Well its already predefined as bitcoin have great future  So everyone is thinking to for investment for future.
But suppose if price of bitcoin goes down dramatically what could happen in future ?
Its quite irrelevant but we must have to consider this fact with possibilities.
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August 25, 2016, 08:07:12 PM
 #216

I'd also prefer to save the experience that I obtained with this cryptocurrency. Since it's a bit different than fiat, I'd like to help my grandchildren understand how to handle it well. Like providing guidance on how they could optimize their profit from it.
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August 25, 2016, 08:10:22 PM
 #217

I not think that they will care much for it when they are old enough to use it.

When that time does arrive there will be something innovative and new for them to use to make their purchases and shop at the mall with. Wink
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August 25, 2016, 08:13:49 PM
 #218

Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
thats not true at all, in my opinion bitcoin right now has a lot of potential to grow for sure and it will reach the new heights

prtty2gal2
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August 28, 2016, 11:34:17 AM
 #219

I see that there are a few people here interested in creating a savings for future children even though they may not have kids. I think creating a savings for yourself, as well as making one for a possible son/daughter would be a great idea. I see no downside to having a second savings in times of need or for an emergency situation.
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August 28, 2016, 07:43:09 PM
 #220

yes. I would definitely love to save bitcoins for my grand children. because bitcoin is a trusted currency right now. and it have a good potential to grow up in future. I may save 1 million$ of bitcoin today for my children and when my children come to the world the 1 million$ may become 1 billion$. this is not a joke. bitcoin can make it possible

This is a good preparation to our grandchild to be or children to be also, because bitcoin iis big tools into that kind of a savings to our love ones. And bitcoin has a big future actually, that's the reason behind all of this why we keep our bitcoin in our wallet address.
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