giogio0504
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January 08, 2018, 06:48:54 AM |
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The idea of saving bitcoin for my children or grandchildren s future in a nice idea. The thing that scares me is the fact that if something should happen to me how will they be able to get my stuff. I mean i dont want to be like hey kids i got bitcoins saved for you. I am also not sure how something like bitcoins would be put into a will.
Yeap, when i read all this post I thought also about all this things. How should we manage issues of heritage? Is it possible to inherit BTC when we have no information that our parents possess it? I think this issues should be regulated somehow. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Bitcoininvestment
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January 08, 2018, 06:56:27 AM |
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins.  if i were you teach it to your loveones share them your knowledge about bitcoin or to your husband or wife so that in the future he or she may know how to get the money to keep on your bitcoin or if ever your child is big enough to understand bitcoin teach it then put your account in a safe notebook then keep it so that in the near future if somethinga happen then know how to get your savings. |
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ir.yance
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January 08, 2018, 07:07:03 AM |
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. mine and buy bitcoin from now for your child's future, but I think it's very risky if your wallet is hacked then you need to be alert to your account. this is a very good idea in my opinion for the future of the child.  |
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shiv06
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January 08, 2018, 07:09:43 AM |
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Saving bitcoin very easy for your children but it is very risky because its price not stable and your wallet may be hacked before your children.
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thycrypto
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January 08, 2018, 07:38:00 PM |
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Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.
As for hacking. Just put it in a cold storage wallet. No one can hack it only steel it so also lock it up somewhere safe and where you will remember it. The problem for the price, many people believe in blockchain technology. I think it has a huge future ahead and doesn't think it will go away. |
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spinno
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January 08, 2018, 07:48:59 PM |
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The idea of saving bitcoin for my children or grandchildren s future in a nice idea. This really can be used as an asset and saved for children's future. Either this can be bought and kept on hold for future Or invest bitcoins and receive profit. So good idea to save for children.
Earning bitcoin was never an easy thing so if ever I would be gone in this world, I want my earnings to go to my family. Because then, we are trying to be the parents who prepare for the future of their children.
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Taqi Ahmad
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January 08, 2018, 08:01:33 PM |
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I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.
Saving bitcoin is very important for our children. By saving it every month that it can save them for their future, especially their education fee, live cost and ceremony of marrriage cost when they will be adult later. |
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EVYFZ
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January 08, 2018, 08:49:19 PM |
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It would be nice if the children to have inherited
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ELEL_ELEL
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January 08, 2018, 10:37:36 PM |
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Yes lm going to save bitcoin for my children. For their future because Im not with them forever.Saving bitcoin is very good now because bitcoin now is expensive and they say that it is going higher and higher. |
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tayogpanganiban
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The Pure Proof-of-Tansaction [POT]
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January 09, 2018, 02:27:55 AM |
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I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.
How i wish i can earn bitcoin to save for my children.Thats why i'm trying my best to join bitcoin forum so that i can earn bitcoin and keep it in my wallet for the future of my children. |
♦ taucoin.io │ THE ACTIVE UNIT │ taucoin.io ♦ er] |
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owengtam09
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January 09, 2018, 02:31:34 AM |
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I don't know if it is good to invest bitcoin for our children because we all don't know how long bitcoin can stand. We don't know if it will remain for a long time. It is good right now so maybe invest now and sell it later to gain profit for your own.
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BlasterS
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January 10, 2018, 06:19:42 PM |
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Actually it is a great plan that the other family should do. Investing in a bitcoin for the future of their children is the wisest thing since they are assured that all their hardwork woll be paid-off;
In bitcoin all things can be achieve with them so their child can be successful and financial stable in future.
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siddu1
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January 10, 2018, 07:24:36 PM |
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Yes,that's a great idea to save bitcoins for our children.As quite time bitcoin price is upwards if we hold and save bitcoin in future bitcoin will helps our children to maintain their life.So we can start earning and saving bitcoin just from now for a bright future of our children.
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Dmitry.Vastov
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January 10, 2018, 07:39:44 PM |
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Yes it is an good suggestions and this could also be helpful for middle class parents in this time bitcoin is most popular. its price is also not so high, so any person want to invest their money in bitcoin then this is the right time. And later on they can withdraw their money when its price is higher then their buying rate. Bitcoin can makes any children future bright  . It will help them to take admission in a good international college and in many international colleges bitcoin is use as a fee method.Bitcoin also help your child to fulfill their those dream which can be possible by money  |
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Testament28
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January 10, 2018, 07:53:30 PM |
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It is a risky decision you've made but can be rewarding someday. We all know that investing in cryptocurrency can be a gamble for us, but can make us rich if we invest in something valuable. BTC could be a great investment, judging from the way it dominated the field. BTC's already a foundation in the crypto world and wouldn't go down easily. In fact, its value is gaining more as time goes by. Your kids will feel the benefits of your investment once the get to know the crypto world too.
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Ailcab
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January 10, 2018, 08:17:12 PM |
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Indeed! Well its a good thing to save money for your children and I think BTC will be a big help too. You got a lot of options to think if your going to invest more or just save it . Every day has its change so better think it wisely. If you think it can be a good help then go for it. 😊 It is a risky decision you've made but can be rewarding someday. We all know that investing in cryptocurrency can be a gamble for us, but can make us rich if we invest in something valuable. BTC could be a great investment, judging from the way it dominated the field. BTC's already a foundation in the crypto world and wouldn't go down easily. In fact, its value is gaining more as time goes by. Your kids will feel the benefits of your investment once the get to know the crypto world too.
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Maikl
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January 10, 2018, 08:17:25 PM |
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certainly should save bitcoin for long-term storage and transfer it to their children! Need to start doing this now, because now is the time that none of the favorable time!
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smajler
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January 10, 2018, 08:38:32 PM |
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This is a the best idea. Our children must feel financially secure. In the future Bitcoin will be king.
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Rascar Capac
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January 10, 2018, 09:14:06 PM |
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It is a good idea but also it bears a risk since bitcoin is not regulated and it is only openly supported by the community, we do not know how much long until the bitcoin will end up being a useless investment.
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imyashir
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January 11, 2018, 01:01:37 AM |
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Actually it is a great plan that the other family should do. Investing in a bitcoin for the future of their children is the wisest thing since they are assured that all their hardwork woll be paid-off;
In bitcoin all things can be achieve with them so their child can be successful and financial stable in future.
bitcoin for future technology can be very helpful especially if we store bitcoin for our children. we also need to know how to use bitcoin how it can be transacted so we may accidentally get the master atleast not lose the bitcoin you keep for our children. the private key should also know it so they can easily get the bitcoin. I have read that the article died the bitcoin holder and no one knows its private key. our lives do not even know how long we will last. if our plan stores bitcoin for the future of our children we must say how we use it. |
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