Signholder Receives Over $24,000 In Bitcoin After QR Code Appears On ESPN

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Ceylon Junky posted 42 minutes ago

Signholder Receives Over $24,000 In Bitcoin After QR Code Appears On ESPN

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Earlier today a Bitcoin newcomer reportedly received

over 22 Bitcoin after holding up a sign with a Bitcoin QR code. In what is one of the most genius demonstrations of the cryptocurrency to date, the Bitcoin enthusiast created and displayed a sign that read Hi Mom, send  followed by the Bitcoin symbol. The user, who has thus far only been identified by his reddit username BitcoinPitcher2, had thought that someone might send him a bit as a gag, though the user wasnt sure the QR code would even be scannable.

Fellow Bitcoin enthusiasts showed their support for the stunt by sending BitcoinPitcher2 over 22 Bitcoin. While the transactions first came in small amounts, the Bitcoin address soon saw transactions as large as 5 Bitcoin coming in from unknown addresses. With an exchange rate in excess of $1,000 USD the account quickly accumulated a large amount of money, well in excess of the Bitcoiners expectations. The details of the Bitcoin address can be view on Blockchain.info.


http://cryptojunky.com/blog/2013 ... de-appears-on-espn/

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Redditor BitcoinPitcher2 offered to donate a majority of the Bitcoin early on. In several comments on the popular subreddit /r/bitcoin, BitcoinPitcher2 stated that the charitable group Sean’s Outpost would be receiving the lion’s share of the donated Bitcoin. Sean’s Outpost is a homeless shelter and outreach group located in Pensacola Florida that is largely supported through Bitcoin donations.

Final Amount

While the total amount of Bitcoin received at the address could very well increase still, it has roughly 22.35 Bitcoin in it at the time of this writing. With a current exchange rate of $1,090 USD/BTC on the Bitcoin exchange Bitstamp.net, the value of the received coins comes to $24,361.50 USD.