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 Christian Langalis, colloquially known as the ‘<a rel="noopener noreferrer nofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a> Sign Guy,’ has decided to auction off the piece of paper on which he wrote ‘Buy <a rel="noopener noreferrer nofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a>,’ and held up behind Janet Yellen in 2017 during a Ho<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>e Financial Services Committee.
 The former Cato Institute intern, who now works on projects on decentralized personal server platform Urbit, stated, “When <a rel="noopener noreferrer nofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a>ers ask me about the sign, I tell them, ‘you’d have done the same in my seat.’”
 According to a Bloomberg article, Langalis turned down a private five-BTC offer in the hopes that the auction would fetch a higher price. His gamble seems to have paid off, with the sale amounting to 16 BTC — over a million dollars at the time of sale and 220% more than the private offer.
 One bidder appeared to briefly misclick a bid, rocketing the price to 100 BTC before they corrected their bid down to 10 BTC. The anonymo<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a> winner of the <a rel="noopener noreferrer nofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a> sign went by the <a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>ername ‘Squirrekkywrath.’
 The note is described as being ‘hastily drawn on a yellow legal pad,’ and ‘one of few widely-recognized physical Bitcoin artifacts, given Bitcoin’s virtual nature’ by the auction house. The auction house requires all individuals placing bids to deposit 1% of their bitcoin bid as collateral.
 Read more: Don’t download your full node Bitcoin software from Bitcoin.org
 Additionally, the sign is characterized as ‘Ink Drawing on Legal Pad’ and the auction winner may select a certificate of authenticity in the form of their choosing, including a paper certificate or a bitcoin ordinal.
 Langalis earned almost 17 bitcoins from a series of replica editions that he sold in 2019. He says he plans to use the bitcoin earned from the auction to work on current cryptocurrency projects.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-sign-guy-sells-the-bitcoin-sign-tbt86536.html">https://thebittimes.com/bitcoin-sign-guy-sells-the-bitcoin-sign-tbt86536.html</a>

Bitcoin Sign Guy sells the Bitcoin sign

TheBitTimes

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