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

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11–20 of 42 posts

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

#11
It's worth noting that a very large percentage of these donations are coming from a very small number of parties. Notably over $10,000 each from https://blockchain.info/address/1F8UFEeVJGXUzR9TWfBMkyqbipjM...

and

https://blockchain.info/address/1JSDMMDybTZ9nEZgMUtTXQSW4hGR...

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

#12
post #9

Bitcoin unfortunately makes this feat very difficult to verify. We will never truly know how much of that $24,000 the poster controlled in the first place.

The blockchain has timestamps, so actually you can verify quite easily. Unless, for some reason, the individual is sending bitcoins to himself...

That is the implication. He got sent very large sums of Bitcoin, you would expect that he'd just get a bunch of small ones, but he got 2-3 large ones ($5,000 a piece).

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

#14

Bitcoin unfortunately makes this feat very difficult to verify. We will never truly know how much of that $24,000 the poster controlled in the first place.

What exactly would be the point of sending BTC to yourself?

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

#15

Bitcoin unfortunately makes this feat very difficult to verify. We will never truly know how much of that $24,000 the poster controlled in the first place.

What exactly would be the point of sending BTC to yourself?

More publicity for bitcoin, to drive the price higher.

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

#17
post #4

Earlier quoted context omitted.

They're worse because they're not human-readable. It's easier to trick someone into scanning the wrong QR code than it is to trick someone into sending money to the wrong url, email address, phone number, etc.

I wouldn't exactly call bitcoin addresses human-readable either.

True, but it's easier to tell 1d3af66... apart from 3e5d115f... than 2 QR codes, especially if the QR codes are separated by a minute.

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

#18
post #16
post #10

https://blockchain.info/address/1HiMoMgBaAikFHgAt3M4YJtetp4H...

1HiMoM... wonder how long he waited to try and get that as 1HiMom... before giving up

He certainly used Vanitygen https://en.bitcoin.it/wiki/Vanitygen

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

#19

Earlier quoted context omitted.

What exactly would be the point of sending BTC to yourself?

More publicity for bitcoin, to drive the price higher.

He's donating 20 of the 22 BTC to Sean's Outpost so it's unlikely he would've done that with the sole intention of driving the price higher.

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

#20
post #12
post #9

Earlier quoted context omitted.

The blockchain has timestamps, so actually you can verify quite easily. Unless, for some reason, the individual is sending bitcoins to himself...

That is the implication. He got sent very large sums of Bitcoin, you would expect that he'd just get a bunch of small ones, but he got 2-3 large ones ($5,000 a piece).

Maybe from people who didn't realise how much they are worth?
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