Tuesday, April 9, 2013

$10,000 Trolling? Or is this guy really a billionaire?

Redditor bitcoinbillionaire sends three tips worth almost $10,000 in a few hours.


By tipping 35 BTC while Bitcoin was trading around $230 USD in three verified transactions, the 1-day-old redditor has created quite the stir on the Bitcoin subreddit. This then created stir on the "best of" subreddit.




Let's be clear, to be a billionaire in Bitcoin, you'd need to own almost half of all Bitcoin in existence at the current market cap of over $2 billion. So it is not likely he/she is actually a billionaire, but the name may represent a certain optimism about the future price of Bitcoin.

Certainly he/she has a fair amount of Bitcoin, at least enough to not care about giving away $10,000 worth of it. But is this all a hoax to get attention or a grand act of random charity? Maybe option one, considering the comment that received the 20BTC tip was "Drugs! You can always use it for that."


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