Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Popular YouTuber Ali Spagnola elated after making $39k from a $50 gift in Bitcoin

Cryptocurrency Jan 14, 2021 05:00PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Popular YouTuber Ali Spagnola elated after making $39k from a $50 gift in Bitcoin

Yesterday, popular musician and YouTuber, Ali Spagnola, shared a video explaining how she became “accidentally bitcoin rich.” Spagnola was thrilled that a $50 gift in Bitcoin that she received in 2013 was now worth more than $39,000. For some context, her initial $50 has increased by 78,000%.

The backstory has it that Spagnola started a “Free Paintings” project in 2008. She takes free requests via email to create a 12x12” acrylic painting for her audience. The artwork is then sent via mail to the recipient for free.

On June 25, 2013, one of her followers managed to convince her to create an art of Bitcoin. In return, he was going to send her $50 worth of the relatively new virtual currency. Spagnola was reluctant but still went ahead to create a 12×12” bitcoin painting for him. A section of the original email she received reads:

I would like to pay you $50 (in bitcoins) for your interpretation of a bitcoin- a new virtual currency that makes it super easy to send/receive money over the internet.
This was all the YouTuber needed to become $39,000 richer. Eight years later, Spagnola decided to check her Free Paintings project website and discovered that she had $11k. Fast forward to a few months later and the single Bitcoin she had received in 2013 was now worth $39k.

So far, Spagnola has created around 2,700 painting for people and have received several donations over the years. She still does free painting to date with a long waitlist.

As for her original Bitcoin samurai, Spagnola recently connected with him and gave him a larger and more refined bitcoin painting as a thank you gift.

Ironically, while Spagnola is excited about her recent Bitcoin fortune, the same cannot be said of James Howells or Stefan Thomas. Both individuals have lost access to wallets containing millions of dollars in Bitcoin.

Popular YouTuber Ali Spagnola elated after making $39k from a $50 gift in Bitcoin
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email