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Author Topic: Anyone giving out Bitcoin as a Christmas gift this year?  (Read 2397 times)
Blazed
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December 23, 2013, 07:59:04 PM
 #21

Giving out some LTC and BTC for sure!
robincj91
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December 23, 2013, 09:13:31 PM
 #22

I am! Although my mums opted for LTC, I gave her a choice with a breif rundown of both options!  Grin Much better than a bottle of perfume if you ask me!
virtualfaqs
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December 23, 2013, 10:21:05 PM
 #23

In 2012, I gave a 25 BTC Casascius to a close couple getting married. They sold at $180/BTC at my advice. This was correct since the price dropped to $60/BTC. But they never bought back and neither did I.  Cry

I'd like to give out some physical BTC too. But there's no easy way to do it is there?

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December 23, 2013, 10:25:17 PM
 #24

yup, and wish more people would to spur adoption
freedomno1
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December 23, 2013, 10:30:16 PM
 #25

My kids will receive 1 bitcoin each this Christmas. They are all students and have not got any bitcoins so far. I wouldn't normally give out such a huge chunk of money to them but I believe that bitcoin will be a major story in their lives so I want them to be involved.

Nice thought and hopefully it'll be a nice investment too. Just makes sure they understand it and it's value.

i will....and I've made a backup copy of the paper wallets in case they throw them out with the Christmas wrapping paper!

This make sure they are refundable lol

Believing in Bitcoins and it's ability to change the world
deltanine
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December 23, 2013, 10:48:37 PM
 #26

Giving out bitcoins to my sons and nephews this year.  I don't have any daughters or nieces or else they would get some too.

My sons are each getting a first run Casascius Coin with the spelling error.

Freedom is a state of mind, and then Bitcoin comes along.....
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December 23, 2013, 11:51:02 PM
 #27

Kids, Their S.O.'s and Grandkids are all getting paper wallets this year. I have included the following dumbed-down intro:

Quote
Merry Christmas and Happy Hanukkah!

Your gift is a Bitcoin Paper Wallet. I believe that the invention of CryptoCurrencies, of which Bitcoin is the first, will be an invention nearly as important as the Internet. This gift is incentive for you to learn, before the masses catch on, something about this important new technology.

So what is this thing?

Your Bitcoin Paper Wallet consists of a readable form of two pieces of information. These pieces of information are made up of long strings of numbers and letters. These pieces of information are:
•   Bitcoin Public Address
•   Bitcoin Private Key
Each of these are present in both human-readable (text) and computer-readable (QR code) forms.

The Bitcoin Public Address is the address at which some bitcoins are stored. This piece of information is visible on your Bitcoin Paper Wallet. This address is used to check the balance of the wallet, or to send additional bitcoins to the wallet. The address is not secret – there is no downside of letting people see it.

The Bitcoin Public Key is the key by which you can spend your bitcoins. Bitcoins are spent by cryptographically signing a transaction that states you are sending your bitcoins to some other address. The signature is generated by software from your Bitcoin Private Key. The Bitcoin Private Key must be kept secret. Anyone who knows your key can spend your bitcoins. Keep it hidden!

As your private key must be kept secret, it is hidden in the folded up part of your Bitcoin Paper Wallet. It is sealed shut with tamper-evident holographic stickers. You may note that your stickers have matching serial numbers for added security. Do not expose the private key until you want to spend your bitcoins!

On the reverse side of this note is a copy of what lies under the folded over portion of your Bitcoin Paper Wallet. Hopefully, this will eliminate the temptation to peek underneath at the secret stuff. Of course, the actual address and key values on the sample don’t match your Bitcoin Paper Wallet’s, nor anyone else’s.

I bought some bitcoins when they were about the price of a burger. They’re now quite a bit more valuable than that. I think there is a good chance that, within several years, a single bitcoin might be enough money to buy a house or a college education. Please look after your Bitcoin Paper Wallet.

If you have any questions on bitcoin in general, I am quite knowledgeable on the topic. I would like you to learn about this, and would be glad to answer any questions.

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elchelito
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December 24, 2013, 08:09:18 AM
 #28

I am giving each of my cousins two LTC.

Printed out paper wallets and folded them into a picture frame. On the front you see the public key and the QR code for it.

But you have to take apart the frame to get to the private key.

I think it's fun, they can put it somewhere and check the price from time to time...
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December 24, 2013, 09:29:24 AM
 #29

Printed out some paper wallets and sent some BTC to their private keys. I'll include these in xmas cards I give to people Smiley

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December 24, 2013, 10:05:35 AM
 #30

i did the same with some friends Smiley
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December 24, 2013, 04:36:22 PM
Last edit: December 24, 2013, 04:58:34 PM by kuverty
 #31

Will be a little late, but I'm giving a paper wallet worth 1 BTC to a good friend of mine, complete with a nice vanity address.
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December 24, 2013, 04:54:03 PM
 #32

This is a good idea. Thanks and Merry Christmas.  Wink
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December 24, 2013, 04:56:41 PM
 #33

i just gave a friend of mine 0.05 BTC Smiley he was very happy !!
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December 26, 2013, 12:15:14 AM
 #34

btc and ltc was a good present  Cheesy !

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December 26, 2013, 04:43:47 AM
 #35

So how were they received?

cdog
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December 26, 2013, 05:54:51 AM
 #36

A little confused, but when I told them "its like gold, but on the internet" they got pretty excited.

A couple of friends who learned about BTC from me but never bought any themselves went from skeptical to enthusiastic quite rapidly.

I told them its theirs now, they can sell if it if they want to but my advice was to hold it for at least a year, and then start spending a fraction of it as a way to take some profit. https://www.bitcoinstore.com/ is a great place to start.

But I think Overstock.com taking BTC in 2014 will be a really big deal, as its a huge site with awesome deals that already has a massive userbase.

Im planning on buying an all new furniture set from them, I could spend fiat now but Id rather buy BTC with that $ and then take the furniture as profits later, because spending BTC adds a non-zero amount to the value of Bitcoin, while selling for fiat removes some value.
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December 26, 2013, 08:26:13 AM
 #37

BitChick Nice idea to accumulate a precious gift bitcoins well sorry I am a poor guy with no bitcoins so all what I may do is pray for your success and all other people on the forum. Happy Christmas and hey if you get sufficient amount of bitcoins in gift then do share with me. 
cbcb
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December 26, 2013, 08:44:55 AM
 #38

Hehe I spread some joy in bitcointalk: https://bitcointalk.org/index.php?topic=383569.0

Cheers!
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