Tags: send | bitcoin | sign | reddit

'Send Bitcoin' Sign on Reddit Garners $22K in Anonymous Donations

Tuesday, 03 Dec 2013 03:28 PM

By David Ogul

  Comment  |
   Contact  |
|  A   A  
  Copy Shortlink
Social networking sites are abuzz over a college student’s plea for money from his mother that led to anonymous Bitcoin donations totaling more than $22,000.

The unidentified young man held up a sign on ESPN’s College Game Day that read, "Hi Mom Send" above a Bitcoin logo and a QR code for a Bitcoin wallet. (QR codes are also known as Quick Response code,s which have become common in consumer advertising and often represent a URL for a website.) The image made it onto the front page of Reddit, and curious onlookers soon found the account to which the code linked and started making Bitcoin donations.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

Reddit followers quickly responded, offering donations.

“It wasn’t supposed to take off like this!!!” wrote the owner of the account, BitcoinPitcher2.

“Just enjoy it,” responded Reddit user rightc0ast. “The wild west has made many a fortune. You are just the latest.”

“I’m blown away!,” BitcoinPitcher2 later responded.

Twitter users were just as amazed.

YardBarker.com reported, “During the early stages of the incoming transactions, BitcoinPitcher2 said he would be donating the majority of the money to a charitable group called Sean’s Outpost, which is a homeless shelter and outreach group located in Pensacola, Fla.

Bitcoin is a peer-to-peer electronic money and payment network that has exploded in popularity and value. It has attracted speculators and made millions for many. Bitcoins are now valued at roughly $1,000 each, but many economists argue that they are little more than a Ponzi scheme.

Editor's Note: ObamaCare Is Here. Are You Prepared?

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Copy Shortlink
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Passengers Push Plane on Icy Russian Runway (With Help of a Tractor)

Wednesday, 26 Nov 2014 20:45 PM

Passengers on a Russian plane got off to push the aircraft to help get it on the runway after it began slipping on ice i . . .

Bernie Tiede, Convicted Murderer Mortician, to Get New Sentencing

Wednesday, 26 Nov 2014 17:39 PM

Bernie Tiede, the mortician who was convicted of killing his companion Marjorie Nugent in 1996, will receive a new sente . . .

Chrysler Pentastar Logo Getting Phased Out With FCA Formation

Wednesday, 26 Nov 2014 15:51 PM

Chrysler's iconic Pentastar logo is being phased out as the company introduces a new logo in keeping with the newly form . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved