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Author Topic: Bitcoin as gift  (Read 577 times)
reagansimms
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February 20, 2023, 03:00:08 PM
 #41

It will be the coolest present your friend has received. When he started his journey to know Bitcoin, he immediately got $200 worth of Bitcoin Shards which he never imagined before. If I were your friend, I'd keep it until it's over $200. I will use the money to treat you as a sign of gratitude for the special gift you have given me.

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February 20, 2023, 04:15:42 PM
 #42

Is it cool to give a friend bitcoin as a gift on his birthday? ... So is it apprised to gift a friend bitcoin at his birthday party?

In order to give bitcoin to a friend for his birthday, it is necessary that he has a bitcoin wallet. But as I understand it, it does not have one yet. Of course, you can register a wallet yourself and put BTC there, and then pass him the seed phrase. But in this case, he will not be the only owner of this seed phrase. So you need to help your friend register a wallet in advance, and replenish it by the birthday.

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February 20, 2023, 04:25:55 PM
 #43

Quote from: uche6215
Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?
Yes, he will appreciate you for the BTC gift than any other gifts since he is used to BTC and he understand BTC very well and he know what BTC can do to humanity. $200 BTC will make he  to understand that you really love him from your whole heart because, that amount of money you really budget to surprise him will surely make others people that will attend the birthday party to find in love with him.

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February 20, 2023, 05:54:41 PM
 #44

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

Of course it's cool if your friend receives $200 especially in Bitcoin.
I think it's not just a friend but a special person for you, I'm just guessing.
A good step is not only to introduce cryptocurrency but also to reward it in the form of Bitcoin.
I think it will make him more interested in getting to know and learn about Crypto better.
But you also have to always accompany him and be a mentor to use your gift properly and correctly.
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February 21, 2023, 12:14:22 AM
 #45

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?
tell me a better gift and I'll give you 1000 reasons why gifting your friend bitcoins beats the rest.
Weldone mate, please ensure the person gets all the support and information he'll need about Bitcoin to avoid future mistakes

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February 21, 2023, 07:29:46 AM
 #46

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?
Doing anything with Bitcoin is a smart thought and commendable thing to do
You want to gift $200 to your friend as his birthday gift and you told your friend that you told him about Bitcoin just two weeks ago and you won't be at his birthday party so how do you send him Bitcoin.  Because I suspect that since your friend only learned about Bitcoin two weeks ago, your friend doesn't have a Bitcoin wallet.



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February 21, 2023, 10:18:17 AM
 #47

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?
In my opinion, that is a great idea. If I will be asked if I want to receive something like that as a birthday presentation, I’ll gladly accept it.
This will not only act as a gift to him but also will encourage him to explore bitcoin a little bit further since he will be extending efforts on how he can use the $200 bitcoin you gave him.
This is a cool present perhaps.

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February 21, 2023, 10:54:26 AM
 #48

Here's an idea - you could 3D print a Bitcoin "coin," something like this, and engrave the wallet's private key with your dedication message on the back of it.

And of course, explain to him how to use it and that he should not share that coin around.  Grin Or he could just transfer it to another wallet once he "opens up" his gift, you could help him out set everything up.
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February 21, 2023, 01:28:11 PM
 #49

This is the first time I heard of a friend receiving bitcoin as a birthday present. Gifting your friend bitcoin on its birthday is a cool idea. Your friend also listened when you introduced him to bitcoin, as you stated. Therefore, your friend ought to be able to learn how to safeguard bitcoin and its potential increase in value in the future. He can store it in a cold wallet or if your friend wants to learn how to trade, the gift could be a great capital to start. Be sure to only trade on the spot and steer clear of multipliers.

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February 21, 2023, 04:38:43 PM
 #50

Given a friend bitcoin who don't have a deep knowledge about is just like pouring water at the back of dock fowl. Why because he might not found Worthy since he have no or little knowledge about the whole concept, it's advisable to gift him what he finds valuable than giving him a bitcoin all less otherwise found proven that he's now routed into the bitcoin community and having great interest in holding bitcoin before you could gift him or her some fractions of bitcoin. Nevertheless, there's nothing wrong gift a bitcoin to someone but it should be to someone who knows the importance.

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February 22, 2023, 01:13:31 PM
 #51

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

It could probably become the best birthday present that he will receive, considering its future potential but be sure to include a USB where it houses everything he wants to know about Bitcoin, like its history, its potential how to secure it, and trivia about Bitcoin.
You don't want your friend to be ignorant of how Bitcoin works you should awaken his curiosity on Bitcoin by your present.





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February 22, 2023, 04:28:06 PM
 #52

Yes if your friend knows about bitcoin and the important of it bitcoin, and it will be a very huge surprise to him and the best birthday gift ever,
But is a No if he knows nothing about bitcoin because is going to be of no use to him.but just as you said,that you have been telling your friend about bitcoin for a while now and you said he also shown some interest in it, it will be nice you gift him the bitcoin,  but while gifting him, hope you did well to show how to create a wallet, receive bitcoin and how to secure his wallet and coins properly and avoiding the use of private exchanges (centralized) and hope you also taught him the importance of securing his seed phrase as there is a popular crypto saying that  "not your key not your coin

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February 22, 2023, 09:38:42 PM
 #53

Given a friend bitcoin who don't have a deep knowledge about is just like pouring water at the back of dock fowl. Why because he might not found Worthy since he have no or little knowledge about the whole concept, it's advisable to gift him what he finds valuable than giving him a bitcoin all less otherwise found proven that he's now routed into the bitcoin community and having great interest in holding bitcoin before you could gift him or her some fractions of bitcoin. Nevertheless, there's nothing wrong gift a bitcoin to someone but it should be to someone who knows the importance.
Lol. Your write up kinda made me smile and that's because I do relate very well about what you are trying to say. And yes you can't actually give something to someone who doesn't know the value of that thing he or she is given. I think the friend of the OP actually has little experience with bitcoin, before ever the OP started planning as presenting bitcoin as a gift. If not it will be imperative that he or she actually knows the basic interest of bitcoin and how it can be beneficial to him before he or she will actually see value to the gift given to him.

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February 22, 2023, 11:06:07 PM
 #54

Given a friend bitcoin who don't have a deep knowledge about is just like pouring water at the back of dock fowl. Why because he might not found Worthy since he have no or little knowledge about the whole concept, it's advisable to gift him what he finds valuable than giving him a bitcoin all less otherwise found proven that he's now routed into the bitcoin community and having great interest in holding bitcoin before you could gift him or her some fractions of bitcoin. Nevertheless, there's nothing wrong gift a bitcoin to someone but it should be to someone who knows the importance.
Lol. Your write up kinda made me smile and that's because I do relate very well about what you are trying to say. And yes you can't actually give something to someone who doesn't know the value of that thing he or she is given. I think the friend of the OP actually has little experience with bitcoin, before ever the OP started planning as presenting bitcoin as a gift. If not it will be imperative that he or she actually knows the basic interest of bitcoin and how it can be beneficial to him before he or she will actually see value to the gift given to him.

Well there is nothing much to laugh over it because I am actually saying the truth. There different between interest and get routed into something, routed sometimes could likely termed to be addict. However op was only doing that just to present it as a gift mainwhile I was foreseeing the other part of it not the other way round, though is a good initiatives by op.

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Rockstarguy
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February 23, 2023, 04:27:57 PM
 #55

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?
It is your choice to give him whatever you feel as a gift, after all bitcoin is money that can be given ad gift. Like you said before now you have  introduced Bitcoin to him, with the introduction given to him I believe he can be able to use bitcoin or make it to appropriate. It is a nice gift, doing this you are also promoting bitcoin. I think this will be the beginning of your friend bitcoin journey which can never be forgotten by him. If this is what you feel like given him as a gift it is not bad.

R


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February 24, 2023, 04:33:09 PM
 #56

Giving a friend $200 worth of bitcoin as a birthday present is a great idea. Due to the fact that he will be holding bitcoin for the first time in his portfolio, he will sort of appreciate it and value it.

I hope your friend's interest in bitcoin will make him understand what the amount of bitcoin you are sending to him will turn out to be in the future. He shouldn't rush to sell it before the bull run begins in order to fix his financial problems because newcomers rush to sell their bitcoin when its price drops.

R


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February 24, 2023, 05:07:49 PM
 #57

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

Yes, it can be a cool and unique gift to give your friend Bitcoin on his birthday, especially if he has shown an interest in it. However, there are a few things to consider before gifting Bitcoin:

Make sure your friend has a Bitcoin wallet or knows how to set one up. Without a wallet, your friend won't be able to access or use the Bitcoin you gift him.

Consider the current price of Bitcoin. Bitcoin is a volatile asset, and its price can fluctuate rapidly. You don't want to gift your friend an amount that could potentially lose a significant amount of value shortly after the gift is given.

Make sure your friend understands the risks and potential benefits of owning Bitcoin. It's important to educate your friend about the basics of Bitcoin and the potential risks involved, such as the volatility of its price and the lack of regulation in the cryptocurrency market.

Consider the tax implications. Depending on where you and your friend live, there may be tax implications for gifting Bitcoin. It's a good idea to consult with a tax professional before making any gifts of cryptocurrency.

Overall, gifting Bitcoin can be a cool and unique gift idea for a friend who has shown an interest in cryptocurrency. Just make sure to consider the above factors before making your gift.
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February 26, 2023, 09:02:40 AM
 #58

In my opinion Is and excelent and unattend gift your friend will be well surprised for a long time

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February 26, 2023, 12:39:47 PM
 #59

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?
You could but do that and no need to announce a lot eith your friends especially if its big amount. Maybe your friend doesnt know about bitcoin stuff and might be take advantage by your common friends. Anyway thats just precautions, also you could use third party for that. I remember Ive tried once gifting crypto using binance and it works with code to verify the claiming of gifts.

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February 26, 2023, 12:51:36 PM
 #60

OP, I agree that it's important for your friend to understand the potential value of holding onto bitcoin in the long term. It's easy to get caught up in short-term price movements and make impulsive decisions, but patience can be rewarding in this world. Hopefully, your friend will take the time to learn more about bitcoin and make informed decisions about when to buy, hold, or sell.


Make sure your friend has a Bitcoin wallet or knows how to set one up. Without a wallet, your friend won't be able to access or use the Bitcoin you gift him.

Without a wallet, he wouldn't even be able to gift Bitcoin to his friend. Even a paper wallet is still a wallet.  Wink

R


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