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Cryptocurrency News Articles

Iconic ‘Buy Bitcoin’ Sign from 2017 Congressional Hearing Set to Hit Auction Block

Apr 23, 2024 at 10:42 am

A rare and iconic "Buy Bitcoin" sign, first seen during a 2017 congressional hearing, is currently up for auction with a bidding war driving the price to over USD $140K. As the auction draws to a close, only two bidders remain: Jeff and bitpaint, with each bid surpassing the 2 BTC mark.

Iconic  ‘Buy Bitcoin’ Sign from 2017 Congressional Hearing Set to Hit Auction Block

Iconic "Buy Bitcoin" Sign from 2017 Congressional Hearing to Be Auctioned

In an extraordinary twist of fate, the iconic "Buy Bitcoin" sign that captivated the crypto world during a 2017 congressional hearing will soon be up for auction. The sign, which has become a symbol of the burgeoning cryptocurrency industry, has now garnered significant attention and is expected to fetch a hefty sum.

Origins of the Sign

The origin of this enigmatic sign can be traced back to Christian Langalis, an intern at the time, who attended a House and Financial Services Committee hearing in 2017. Seizing the opportunity for national exposure, Langalis swiftly produced the sign on a notepad, etching it indelibly into the annals of cryptocurrency lore.

Bidding War Escalates

As the auction draws near, the bidding has intensified, with crypto enthusiasts and collectors alike vying for ownership of this piece of crypto history. The price has skyrocketed to over $140,000, highlighting the immense value placed on this tangible reminder of the cryptocurrency revolution.

Memers and Collectors Join Forces

The auction has attracted a unique blend of participants, ranging from fervent crypto advocates to seasoned collectors. Memers, individuals known for their knack for creating and sharing humorous online content, have joined forces with serious collectors, creating a lively bidding atmosphere.

Two Bidders Remain

With just a day remaining before the auction concludes, the contest has narrowed down to two determined bidders: Jeff and bitpaint. Their unwavering commitment to acquiring the sign has propelled the price to unprecedented heights.

Langalis' Regret

While the sign has accrued immense value, its original owner, Langalis, has expressed a sense of regret. Just a few weeks ago, he was offered 5 BTC for the sign but declined the offer. However, despite this missed opportunity, Langalis remains elated to have played a pivotal role in the sign's creation and subsequent journey.

A Legacy of Impact

The "Buy Bitcoin" sign has had a profound impact on the cryptocurrency industry. It has served as a rallying cry for crypto enthusiasts and a reminder of the immense potential of this transformative technology. Its upcoming auction will undoubtedly generate further excitement and serve as a testament to the enduring legacy of the cryptocurrency revolution.

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Other articles published on Jan 12, 2025