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Author Topic: Selling btc to minors  (Read 4548 times)
doof (OP)
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October 27, 2014, 10:30:54 AM
 #1

I received a message on twitter from some looking to buy BTC.  Not a problem, I told them to PM me.  They tell me they are 15 and can't by coins since the local ATM was seized. 

I have no problem selling BTC, but to a kid seems a bit, well, odd.  Should I tell them Ill meet if they bring a parent along?
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October 27, 2014, 10:55:05 AM
 #2

I'd say just do what you think is right.  I'd certainly have no qualms with making such a trade.  I'd always arrange to meet in a public, open setting but this goes for all of my trades with untrusted first contacts.
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October 27, 2014, 11:49:39 AM
 #3

I  don't know what's  the provisions of your  state, if in  China you can sell it to a person who is 15 year old

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October 27, 2014, 11:52:15 AM
 #4

As long as it's not illegal to do so in your country selling to a 15-year-old would be fine without a parent. Is it a large amount?

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October 27, 2014, 11:52:51 AM
 #5

I was certainly dealing with dollars when I was 15 years old. Smiley

It shouldn't make a difference if it were by another currency, as a means of value storage.
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October 27, 2014, 11:59:35 AM
 #6

If selling face to face with cash I'd probably ask them to bring a parent or even take a friend with you.
The kid is 15 you don't want them to end up being a weirdo, accusing you of being a pedophile etc.

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October 27, 2014, 12:03:08 PM
 #7

I wonder what country r u in. Even a kid is interested at bitcoin. If the young generation is educated at school about bitcoin things, they will become bitcoin adopters when they grow up.
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October 27, 2014, 12:07:33 PM
 #8

I received a message on twitter from some looking to buy BTC.  Not a problem, I told them to PM me.  They tell me they are 15 and can't by coins since the local ATM was seized. 

I have no problem selling BTC, but to a kid seems a bit, well, odd.  Should I tell them Ill meet if they bring a parent along?

He is a child, you should  send a little Bitcoin to  him, in order to the  better future for Bitcoin

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October 27, 2014, 12:15:10 PM
 #9

not sure what's the problem on selling to a minor really , I'am a Minor (17 years old) (adult = 19) & I always deal with bitcoin  Undecided

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October 27, 2014, 12:17:40 PM
 #10

Personally, I wouldn't.

But...

I wondered, why would they contact you on twitter -- then saw that you run meetups?

This may change the equation a bit -- In this case I'd compromise and have him come to one of those (preferably w/an adult) -- maybe?
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October 27, 2014, 12:28:49 PM
 #11

At 15 I was happily buying things online and in stores, as well as meeting in person with people to buy second hand things (like my first moped at 13 years old)... Not sure why buying bitcoins should be any different. Make the trade Smiley
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October 27, 2014, 12:30:39 PM
 #12

Wow, a lot of individuals here who act as if they are a predator of some sort.
Mean up with the damn boy and conduct business.

Maybe because in some jurisdictions law enforcement have been known to entrap regular people with stupid charges - e.g. assisting a minor to buy drugs online.

Personally I would sell to a 15 year old but if he starts volunteering weird information I never asked for then I'd back off.
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October 27, 2014, 02:24:38 PM
 #13

A kid can go to the store and buy things without their parents coming along.

Bitcoins are just things you buy.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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October 27, 2014, 02:26:32 PM
 #14

Wow, a lot of individuals here who act as if they are a predator of some sort.
Mean up with the damn boy and conduct business.

Maybe because in some jurisdictions law enforcement have been known to entrap regular people with stupid charges - e.g. assisting a minor to buy drugs online.

Personally I would sell to a 15 year old but if he starts volunteering weird information I never asked for then I'd back off.

Yeh, it seems weird to me that he would state his age. Seems suspicious to me. Is it illegal to sell bitcoins to minors?
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October 27, 2014, 02:34:33 PM
 #15

Did you sell successfully?

leex1528
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October 27, 2014, 03:11:36 PM
 #16

I say this has bad news written all over it...I doubt you could get into much trouble but just there is a chance of it and I wouldn't do it.

I am sure you can find another buyer or have him bring an adult.  The absolute last thing you want is something to go wrong and you be messed up for life.

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October 27, 2014, 03:17:23 PM
 #17

A kid can go to the store and buy things without their parents coming along.

Bitcoins are just things you buy.
In my country(Austria) it depends on what it is buying, what the price is. If it is an expensive item, than the merchant has to pay the money back, even if the kid broke it.
So, I guess in this case, you might have to pay it back, even when the kid sent it somewhere else and can't retrieve it anymore.

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October 27, 2014, 04:48:30 PM
 #18

I received a message on twitter from some looking to buy BTC.  Not a problem, I told them to PM me.  They tell me they are 15 and can't by coins since the local ATM was seized. 

I have no problem selling BTC, but to a kid seems a bit, well, odd.  Should I tell them Ill meet if they bring a parent along?

"ATM was seized" that's strange.

Even if it's not illegal, if you feel there's something odd with the kid, don't bother, just ignore him.

...
Personally I would sell to a 15 year old but if he starts volunteering weird information I never asked for then I'd back off.

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October 27, 2014, 05:41:46 PM
 #19

fine you sell to children aged 15 years, and if the child had stolen his parents' money to buy bitcoin nah I do not know what will happen, if purchase in bulk Smiley
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October 27, 2014, 05:49:06 PM
 #20

fine you sell to children aged 15 years, and if the child had stolen his parents' money to buy bitcoin nah I do not know what will happen, if purchase in bulk Smiley

Thats why you only take cash and anonymize your coins before you trade Tongue
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