Topic: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame) (Read 2849 times)
July 09, 2013, 03:02:31 AM
Pretty sure it was TWO pizzas. Only mention it because it reduces the price by half.
July 09, 2013, 01:57:45 AM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.
He did not pay his btc for pizza. He gave them to delivery guy. Pizza guy got his fiat money. Delivery guy got his 10K btc which were worthless at that time. If he did not waste this btc for gambling, he is probably laughing now.
Thanks yvv. Good stuff
July 08, 2013, 08:18:39 PM
Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.
Winklevoss bros annoy me..
July 08, 2013, 07:57:11 PM
This is a pretty creative way to get more people's money invested in bitcoins. I'm sure if there is a lot of interest there will be a coorelating price rise.
July 08, 2013, 07:10:10 PM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.
He did not pay his btc for pizza. He gave them to delivery guy. Pizza guy got his fiat money. Delivery guy got his 10K btc which were worthless at that time. If he did not waste this btc for gambling, he is probably laughing now.
July 08, 2013, 06:59:01 PM
I read this article as well, good read.
July 08, 2013, 05:51:45 PM
Seriously, kudos to the Winklevii for backing bitcoin.
I think the community owes them a massive favour. Well, hopefully they'll get a return when all their hard work pays off.
I think the community owes them a massive favour. Well, hopefully they'll get a return when all their hard work pays off.
July 08, 2013, 09:26:03 AM
Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC
They only have around 10K Bitcoins.
July 08, 2013, 09:03:22 AM
They bought 20 million worth of BTC, do some research...
July 08, 2013, 08:49:55 AM
pics or it didn't happen 
July 08, 2013, 08:46:04 AM
The difference is that land has intrinsic value. Bitcoin has none. Its only long-term value is as a currency. Currencies have no value if they aren't used as means of exchange.
Unlike land that's expected to be associated with natural resources, the value of "empty land at the center of a city" is often based on the economic activity that surrounds the land. Roughly the same for Bitcoins. 
July 08, 2013, 08:21:29 AM
BUY ALL~~
July 08, 2013, 07:11:37 AM
Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC
They only have around 10K Bitcoins.
July 08, 2013, 07:05:25 AM
Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC
July 08, 2013, 02:01:22 AM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.
It would be interesting to hear of other stories from those who have been involved since the start. If there are any on this forum.
It would be interesting to hear of other stories from those who have been involved since the start. If there are any on this forum.
July 07, 2013, 11:37:32 AM
$1,000, $10,000 will never be off the cards.
$200 was once unthinkable, well, to me
Just buy, buy, buy and HOLD like a Spartan.
$200 was once unthinkable, well, to me
Just buy, buy, buy and HOLD like a Spartan.
Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.
you mean just how people hold empty plots of land in the center of cities and watch it appreciate in value? those bastards
The difference is that land has intrinsic value. Bitcoin has none. Its only long-term value is as a currency. Currencies have no value if they aren't used as means of exchange.
July 07, 2013, 06:19:44 AM
$1,000, $10,000 will never be off the cards.
$200 was once unthinkable, well, to me
Just buy, buy, buy and HOLD like a Spartan.
$200 was once unthinkable, well, to me
Just buy, buy, buy and HOLD like a Spartan.
Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.
+1
Oterwise its useless and Will never leave its early stage
That's true. BTC need turnover.
July 07, 2013, 06:18:18 AM
$1,000, $10,000 will never be off the cards.
$200 was once unthinkable, well, to me
Just buy, buy, buy and HOLD like a Spartan.
$200 was once unthinkable, well, to me
Just buy, buy, buy and HOLD like a Spartan.
Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.
+1
Oterwise its useless and Will never leave its early stage
July 07, 2013, 05:09:57 AM
Just buy, buy, buy and HOLD like a Spartan.
I don't know any rich Spartans
Just wait 420 years, and Spartans II will be rich.
July 07, 2013, 05:06:08 AM
Just buy, buy, buy and HOLD like a Spartan.
I don't know any rich Spartans
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