Bitcoin

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Notable

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/exciting-bids-and-historical-memorabilia-at-bitcoin-themed-auction" rel="noopener noreferrer nofollow">Exciting Bids and Historical Memorabilia at Bitcoin-Themed Auction</a><br></p>
<p style="text-align: justify">The recent auction hosted by Scarce City, a notable auction house, turned heads with its unique offering at PubKey, a bar in New York City dedicated to <a href="https://en.bitcoinhaber.net/bitcoin-hits-record-high-triggering-whales-to-cash-out" rel="noopener noreferrer nofollow">Bitcoin</a> enthusiasts. The event, which was led by Christian Langalis, popularly known as Bitcoin Sign Guy, featured a memorable piece of Bitcoin history—a notebook paper inscribed with “Buy Bitcoin” that Langalis held up during a 2017 broadcast featuring Janet Yellen. This item alone fetched approximately 16 Bitcoins, solidifying its status as a potent symbol of Bitcoin’s disruptive presence in the financial world.</p>
<h2 id="high-stakes-and-notable-moments">High Stakes and Notable Moments</h2>
<p style="text-align: justify">The auction saw spirited bidding, culminating in a transaction where Langalis, after a 15% commission deduction by Scarce City, expected to net about $875,000. The event attracted a diverse group of participants, with the highest bid placed by an individual using the alias Squirrekkywrath. The auction took place over a week, leveraging the Scarce.City platform to facilitate the open bidding process.</p>
<p style="text-align: justify">The “Buy Bitcoin” sign not only represents a significant moment in Bitcoin’s history but also underscores the digital currency’s increasing impact on global <a href="https://en.bitcoinhaber.net/mezo-gathers-21-million-to-enhance-bitcoins-layer-2-infrastructure" rel="noopener noreferrer nofollow">finance</a>. The notebook containing Langalis’s original notes and sketches from that day adds historical value, making it a coveted item among collectors and enthusiasts alike.</p>
<h2 id="the-legacy-of-a-memorable-protest">The Legacy of a Memorable Protest</h2>
<p style="text-align: justify">Langalis, who was then a 22-year-old intern at the Cato Institute, gained notoriety when he was ejected from a House Financial Services hearing for displaying his homemade sign. The funds raised from this auction are earmarked for Tirrel Corp, Langalis’s new venture aimed at developing a Bitcoin Lightning network wallet on Urbit, showcasing his continued involvement in the Bitcoin space.</p>
<h2 id="points-to-take-into-account">Points to Take Into Account</h2>
<ul>
 <li>The auction’s success highlights the enduring legacy and iconic status of the “Buy Bitcoin” sign within the <a href="https://en.bitcoinhaber.net/insightful-analysis-cryptocurrency-expert-anticipates-major-uptrend-for-moonriver-and-highlights-potential-in-solana-and-sei" rel="noopener noreferrer nofollow">cryptocurrency</a> community.</li>
 <li>Proceeds from such auctions are fueling further innovation in Bitcoin technology, exemplified by Langalis’s new enterprise.</li>
 <li>The historical value of items associated with key moments in Bitcoin’s history continues to appreciate, mirroring the cryptocurrency’s market trends.</li>
</ul>
<p style="text-align: justify">Furthermore, the value of Bitcoin itself has seen remarkable growth, climbing from around $2,700 in July 2017 to over $73,000 last month, spurred by significant regulatory developments in the U.S. This auction not only celebrates a pivotal moment in Bitcoin’s history but also underscores the ongoing vitality and appeal of Bitcoin as both a cultural and financial phenomenon.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/exciting-bids-and-historical-memorabilia-at-bitcoin-themed-auction" rel="noopener noreferrer nofollow">Exciting Bids and Historical Memorabilia at Bitcoin-Themed Auction</a></h5>

Exciting Bids and Historical Memorabilia at Bitcoin-Themed Auction

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