Topic: 5000 Bitcoins for a Pizza - The most famous story in Bitcoin history - page 2. (Read 2720 times)
October 29, 2017, 06:09:49 PM
Fascinating story ? more like a sad story all i can see is the guy having regrets selling his bitcoin with pizza that is 10000 bitcoin were today it couls value billions of dollars. Im curious to what happened to this guy after he bought pizza did you mined bitcoin again and store or quit? And the pizza store or owner must be a millionaire/billionaire right now.
October 29, 2017, 06:03:51 PM
haha, he will not like that today.
I hope the pizza was good ^^
and he who has sold pizzas is certainly happy
I hope the pizza was good ^^
and he who has sold pizzas is certainly happy
October 29, 2017, 05:46:46 PM
He was one of the first few people who walked the talk. I think it would be great to hear some updates from him since then. Did he store some more bitcoins in his wallet after he used 10,000 of it? And how much? I am curious. Perhaps he is holding some several thousands bitcoin. But we should also give due credit to the pizza store that accepted his payment in the form of 10,000 bitcoins. They were the pioneers.
October 29, 2017, 05:41:43 PM
I don't know what to say , but I think both PIZZA and bitcoin are highly profitable for us 
. In fact anything can happen in this crytpo world ( who knows , maybe 1 BTC will worth a car )
. In fact anything can happen in this crytpo world ( who knows , maybe 1 BTC will worth a car ) 
October 29, 2017, 05:35:01 PM
interesting and inspiring story, hopefully can give us a spirit as bitcoin hunters here. Every business there must be a way ..
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
October 29, 2017, 05:19:50 PM
The good old days. Many users here have joined fairly recently. This is my second account in fact, the other one...got banned for something(not scam obviously), way back in 2011. It's been an interesting several years, tbh, I can't even believe that 6 years have passed since I learned about Bitcoin.
October 29, 2017, 04:52:30 PM
oh this is very famous and classical story. whomever I try to explain bitcoin, I tell this story as it is historical moment 
October 29, 2017, 04:40:28 PM
Now 1 pizza is 0.1 ether lol
The person will continually regret this for the rest of his life and I will not heap a lot of scorn towards him because who know I might have done the same thing if I was in his shoes. But I am hoping for his sake that he had alot of bitcoins there after he used all these to buy the pizza. 
October 29, 2017, 04:21:20 PM
Yes I have already heard that story. Two pizzas bought by a dev, that will now remain in history as the most "expensive" pizzas ever bought.
Of course this also says a lot about the current use of bitcoin as a currency, or as a way to buy things. It's really hard to do it, because of it's volatility, I don't thin the dev regrets buying those pizzas, but for other people that don't have to much bitcoin, spending them, and then seeing their price increase, must be hard.
Of course this also says a lot about the current use of bitcoin as a currency, or as a way to buy things. It's really hard to do it, because of it's volatility, I don't thin the dev regrets buying those pizzas, but for other people that don't have to much bitcoin, spending them, and then seeing their price increase, must be hard.
October 29, 2017, 04:17:49 PM
Hahaha yes i remember this and all the conspiracies that were around this story, and everytime i open the bitcoin discussion board i see this kind of threads refreshing my memory about that story.
It was crazy, it is like just exchanging 100 riples for a coca cola, and thinking about that then could be more than $100 in just a few years, or months, or who knows how much time?
There is a guy who sent 100 bitcoins for a transaction fee, that was a great story too.
It was crazy, it is like just exchanging 100 riples for a coca cola, and thinking about that then could be more than $100 in just a few years, or months, or who knows how much time?
There is a guy who sent 100 bitcoins for a transaction fee, that was a great story too.
I remember that story too, it was crazy, a few weeks ago another guy posted the same quoting that story, but it was much more discussed on reddit. The guy only sent about 50 bitcoins for the fees of the transaction, not 100. But it was not a "mistake", there isn't any person who would send that amount of money for fees purposes only because a mistake, he diserved it because he didn't take care of that bitcoins as much as he says that he did.
October 29, 2017, 04:06:44 PM
Hahaha yes i remember this and all the conspiracies that were around this story, and everytime i open the bitcoin discussion board i see this kind of threads refreshing my memory about that story.
It was crazy, it is like just exchanging 100 riples for a coca cola, and thinking about that then could be more than $100 in just a few years, or months, or who knows how much time?
There is a guy who sent 100 bitcoins for a transaction fee, that was a great story too.
It was crazy, it is like just exchanging 100 riples for a coca cola, and thinking about that then could be more than $100 in just a few years, or months, or who knows how much time?
There is a guy who sent 100 bitcoins for a transaction fee, that was a great story too.
October 29, 2017, 03:55:18 PM
Using such large quantity of bitcoin to purchase pizza then can be liken to some of the token we are exchanging today at a very low rate. when any of them appreciate, when anyone say I sold this token for $0.02 it will sound as if it was a lost treasure.
October 29, 2017, 03:39:58 PM
The Pizza Purchase
The first retail purchase on May 22, 2010 is probably the most famous story in Bitcoin history. Jacksonville, Florida Bitcoin “miner” Laszlo Hanyecz pays 10,000 Bitcoins that he mined himself for two pizzas. At the time, Bitcoin did technically have an exchange rate of a few cents, but who knew that? The purchase price for the pizza was approximately U$25. Selling 10,000 units of unknown computer code for two real pizzas seemed like a great deal at the time.
“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently.
The year of 2010 sees many first for Bitcoin, including the first escrow transaction (October 16), the first mobile transaction (December
and the first time Bitcoin’s total value exceeded US$1 million on November 6, with each bitcoin trading for approx. US$0.50. Bitcoin is now a real currency.
You Can find this interesting story along with "Top 10 Greatest Moments in Bitcoin History" here: http://cointelegraph.com/news/115146/top-10-greatest-moments-in-bitcoin-history
And the Original Pizza Story Started here: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
Read the story for the very first time. What did the pizza company do with those bitcoins? Did they just sold them off or still holding them? The first retail purchase on May 22, 2010 is probably the most famous story in Bitcoin history. Jacksonville, Florida Bitcoin “miner” Laszlo Hanyecz pays 10,000 Bitcoins that he mined himself for two pizzas. At the time, Bitcoin did technically have an exchange rate of a few cents, but who knew that? The purchase price for the pizza was approximately U$25. Selling 10,000 units of unknown computer code for two real pizzas seemed like a great deal at the time.
“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently.
The year of 2010 sees many first for Bitcoin, including the first escrow transaction (October 16), the first mobile transaction (December
and the first time Bitcoin’s total value exceeded US$1 million on November 6, with each bitcoin trading for approx. US$0.50. Bitcoin is now a real currency.You Can find this interesting story along with "Top 10 Greatest Moments in Bitcoin History" here: http://cointelegraph.com/news/115146/top-10-greatest-moments-in-bitcoin-history
And the Original Pizza Story Started here: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
October 29, 2017, 03:34:37 PM
The thing is, without this transaction, Bitcoin may never have become what it is today. This pizza could go down as being worth over a billion dollars. hahaha
It's certainly part of the learning curve for all of us and this example will also go down well to teach us about how to keep precious stuffs like bitcoin in the future. That story is even part of the reason why people are so keen on collecting altcoins that are cheap and mineable with a computer vat this time because it might soar later and so it has gone to increase the crave for cryptocurrencies in general.
October 29, 2017, 03:09:27 PM
The thing is, without this transaction, Bitcoin may never have become what it is today. This pizza could go down as being worth over a billion dollars. hahaha
October 29, 2017, 02:29:32 PM
As I have said above, if it were not for them, those people who made the first bitcoin transactions, these ecosystem as we know it nowaday would not exist.
October 29, 2017, 02:11:23 PM
I remember hearing about a story about a guy buying pizza for 10,000 bitcoins. The person who bought the pizza probably regrets it and kicking himself over the head. The pizza place that bought the 10,000 bitcoins, well they probably have enough to franchise out and make multiple stores without spending their fiat money. The best that pizza place can do to ease that guys pain is to call a pizza special by the guy's name who gave them 10,000 bitcoins.
September 20, 2017, 08:34:35 AM
The Pizza Purchase
The first retail purchase on May 22, 2010 is probably the most famous story in Bitcoin history. Jacksonville, Florida Bitcoin “miner” Laszlo Hanyecz pays 10,000 Bitcoins that he mined himself for two pizzas. At the time, Bitcoin did technically have an exchange rate of a few cents, but who knew that? The purchase price for the pizza was approximately U$25. Selling 10,000 units of unknown computer code for two real pizzas seemed like a great deal at the time.
“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently.
The year of 2010 sees many first for Bitcoin, including the first escrow transaction (October 16), the first mobile transaction (December and the first time Bitcoin’s total value exceeded US$1 million on November 6, with each bitcoin trading for approx. US$0.50. Bitcoin is now a real currency.
You Can find this interesting story along with "Top 10 Greatest Moments in Bitcoin History" here: http://cointelegraph.com/news/115146/top-10-greatest-moments-in-bitcoin-history
And the Original Pizza Story Started here: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
The first retail purchase on May 22, 2010 is probably the most famous story in Bitcoin history. Jacksonville, Florida Bitcoin “miner” Laszlo Hanyecz pays 10,000 Bitcoins that he mined himself for two pizzas. At the time, Bitcoin did technically have an exchange rate of a few cents, but who knew that? The purchase price for the pizza was approximately U$25. Selling 10,000 units of unknown computer code for two real pizzas seemed like a great deal at the time.
“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently.
The year of 2010 sees many first for Bitcoin, including the first escrow transaction (October 16), the first mobile transaction (December
and the first time Bitcoin’s total value exceeded US$1 million on November 6, with each bitcoin trading for approx. US$0.50. Bitcoin is now a real currency.You Can find this interesting story along with "Top 10 Greatest Moments in Bitcoin History" here: http://cointelegraph.com/news/115146/top-10-greatest-moments-in-bitcoin-history
And the Original Pizza Story Started here: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
i never new this story before, so im so amaze that the cost of 10k bitcoin before (2010) is good to buy a pizza. and incredibly if you hold that 10k bitcoin for now, you are a totally millionaire. and im agree that this story is the best story ive ever read in the history of bitcoin. imagine that 10k bitcoin, woooh! i admit that i miss the chance to buy bitcoin before. but who knows, no body knew that this bitcoin will succeed in our era now.
September 20, 2017, 07:05:49 AM
I remember this well, and was just thinking about this the other day. Inflation adjusted, thats one hell of an expensive pizza.
September 20, 2017, 07:00:34 AM
would be epic if someone could find the transaction id of this purchase. Or a link to the direct transaction on the blockchain.
Jump to: