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Showing 13 of 13 results by KellyKirk
Buy BitCoin! It is a great instrument for trade! BitCoin is perfect because there is NO WAY for you to file a claim if you purchase an item or service and the seller doesn't deliver. ALSO, unlike using your credit card for purchase, bitcoin has been losing value almost daily for the past 2 months! Buy BitCoin! You won't be let down 
Make sure to tell your friends you are using BitCoin, they won't think you are using it for illegal activity such as drugs, trust me 
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Wow, you must have a lot of free time on your hands to be able to come on this forum and just troll against bitcoins. *ignore clicked* Make sure to tell your friends you are using BitCoin, they won't think you are using it for illegal activity such as drugs, trust me .Asking the Internet for investment advice is just dumb. I am not qualified to give advice but if I were I would tell you to encourage your Father to invest in the NASDAQ 100 or Dow Jones Industrial Average or any other Index. Any other advice is probably going to lose you money.
I hear what you guys are saying but he's my dad and I care about him, and I don't want all his savings to potentially be worthless someday. You're right that I can't "make" him get into it, but I was just wondering if people had any success with particular persuasive points of view. It's not a race, but it's still early in the bitcoin timeline and it seems like the earlier you get into it (assuming the price continues to rise) the better off you'll be later on, relatively speaking.
That's a good idea about giving him one as a gift.
That's a good idea about giving him one as a gift.
It sounds like you've been listening to some Doomsday dollar is going to be worthless in 5 years because of China or aliens or Obamacare. You shouldn't do that.
I think the advice above about buying him a 1 BTC physical coin as a present is a good way to go.
Coinbase is ok, if small amount. If larger amount it is cheaper to wire an exchange like Bitstamp, buy, (then transfer and sell on mtgox if you want), the US does not have a monopoly on bitcoin.
I agree that Coinbase is good. Thanks for the tip on Bitstamp! I didn't know about them.If you want, the next time you need a gift get him a physical Bitcoin and tell him to keep it safe. If 5, 10, 30 years from now he realizes that gift you got him is worth a fortune well that might get him into it. If Bitcoin fails well it didn't really cost him anything except not getting a different gift in the past.
I don't know much about the physical bitcoins but just did a search. Are the Casascius ones what you're talking about? That was the first thing that came up.Yes. They make good gifts. I wouldn't try to do anything beyond that. For many people they simply aren't going to be comfortable with the idea of Bitcoin until it has been around for DECADES. Not months or even years but decades. If Bitcoin is still around there is a good chance your Dad will own some in 2033.
Invest in bitcoin only if you can afford to lose it. There are many ways to invest that are not tied to fiat currencies, such is real estate and stocks. Precious metals too, but it might be too late to buy gold.
Diversify it with bitcoin, but only a small part, and long term.
Well yeah he has some money to invest. And that's what I'd like him to do! Of course not put all his money into it, but just have some. Persuading him it's a good idea is the tricky part. Diversify it with bitcoin, but only a small part, and long term.
If you want, the next time you need a gift get him a physical Bitcoin and tell him to keep it safe. If 5, 10, 30 years from now he realizes that gift you got him is worth a fortune well that might get him into it. If Bitcoin fails well it didn't really cost him anything except not getting a different gift in the past.
I don't know much about the physical bitcoins but just did a search. Are the Casascius ones what you're talking about? That was the first thing that came up.I hear what you guys are saying but he's my dad and I care about him, and I don't want all his savings to potentially be worthless someday. You're right that I can't "make" him get into it, but I was just wondering if people had any success with particular persuasive points of view. It's not a race, but it's still early in the bitcoin timeline and it seems like the earlier you get into it (assuming the price continues to rise) the better off you'll be later on, relatively speaking.
That's a good idea about giving him one as a gift.
That's a good idea about giving him one as a gift.
Hi! I'm Kelly, and I'm new on this forum. I was wondering if anyone has any thoughts or ideas on an issue I've been having. Despite bitcoin being in the news so much recently, I still can't seem to get my dad interested in it. He's a financially conservative guy, and just doesn't really see the need, I guess. From his point of view he's been doing fine with dollars, and thinks bitcoins are too new, not proven over time, and not worth the risk. He also sees them as really complicated. Had anybody had a similar situation with their parents? How would you recommend I try to get my dad on board?