A pizza was ordered in the first transaction of BITCOIN

Sheckley

full member

Activity: 279

Merit: 102

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

It is really interesting thing , Did you know ?
first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25 and 10000 bitcoin.
Now a days , we can order 600 pizzas with 1 BITCOIN.
It was 2009.

I just get amazed Day by Day. Share your Thought please. Cheesy

This is false. You may have heard about the TWO pizzas that a man called Laszlo bought in 2010 for 10,000 Bitcoins, but that was not the first transaction, and Satoshi had no role in that.

legenduim

full member

Activity: 588

Merit: 101

Some people think that it will be soon when for Bitcoin we’ll buy pizza only. Of course the problem is hyperbolized but tendency of Bitcoin falling looks quite dangerous. I hope for the best but also I am thinking what other ways investing would be.

cryptorampage

jr. member

Activity: 56

Merit: 30

Quote from: Lutpin on January 26, 2018, 04:06:39 PM

Quote from: cryptorampage on January 26, 2018, 04:04:03 PM

Quote from: Brennus101 on January 26, 2018, 03:59:31 PM

Do you have any source for this claim? The only famous pizza purchase using bitcoin that I'm aware of is the following: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137.

Of course , i just read this thing from fossybyte , please read number 4 fact of this link
http://fossbytes.com/interesting-bitcoin-facts/

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

Satoshi and Finney ordered pizza and give the bill through bitcoin , it was priced $25 and 10000 bitcoin.
It was 2009.

That's wrong though, while Satoshi did make the first transaction to a key controlled by Hal,
neither of them were involved in the pizza purchase by laszlo a year later.

You need to learn reading better.
And of course people here know about it, the purchase took place here (or rather was started here).

Ohh I got it , actually I have read it wrong at the first time. I was to much amazed by the fact And changed the mistakes. These things are still new for New comers and will be & important too. Thanks man for your advise , I will keep in mind from the next.

roslinpl

legendary

Activity: 2212

Merit: 1199

Hello,

Laszlo pizza's topic was discussed dozens of times.
But since you discuss it again allow me to say that Laszlo is a great inspiration for me.

As most of you know and the rest will find out now - the pizzas bought by Laszlo was the first historical purchase of a good paid in cryptocurrency.
What makes Laszlo the first buyer of a good for bitcoins and cryptocurrencies.

Seemingly insignificant event like buying a pizza for some currency.
And in fact an event that helped us - bitcoiners - to be where we are now. We pay with bitcoins for some physical and digital goods on regular basis.
Still it's not yet perfect but just 4-5 years ago it was just a dream... our shared dream ^_^ (I will cry... xD)

You don't have to be great to win.
Not always everything must be great and ostensibly prepared for years.

Sometimes our little actions change the world forever.
It's a beautiful thing in being human. Let's not waste it.

Laszlo thanks again! And again... and again.

ps. difficult weeks ahead of us. Let's be brave and stay away from FUDs!

Have a great weekend everyone,
best wishes.

JD_

newbie

Activity: 11

Merit: 0

Quote from: Washball on January 26, 2018, 04:02:24 PM

That was the main objective when Satoshi developed bitcoin: p2p transactions in order to skip the third party who's making a profit from your personal transactions. But nowadays bitcoin is not useful as a currency, fees are too high and confirmation times are too long. Today bitcoin is more of an asset to invest in and can bring good earnings.

True, and most people invest in bitcoin first before other coins.

Paractor

full member

Activity: 274

Merit: 133

Next will be a bucket of chicken...
Oh wait! Shocked

.. they have already done it with KFC in the north american markets.
Online only ofc. Cheesy

heureca

sr. member

Activity: 658

Merit: 250

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

It is really interesting thing , Did you know ?
first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25 and 10000 bitcoin.
Now a days , we can order 600 pizzas with 1 BITCOIN.
It was 2009.

I just get amazed Day by Day. Share your Thought please. Cheesy

This story is one of the famous stories about bitcoins..) Yeah, it looks unbelievable but we have a lot of such cases in our history- for ex., platinum price

BitcoinFrik

member

Activity: 140

Merit: 10

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

It is really interesting thing , Did you know ?
first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25 and 10000 bitcoin.
Now a days , we can order 600 pizzas with 1 BITCOIN.
It was 2009.

I just get amazed Day by Day. Share your Thought please. Cheesy

I feel really bad for the guys that ordered pizza. But, on the other hand, I feel good for him. I guess he saved 10-100 bitcoins in his pocket by now and he is a millionaier.

AlphaWolf

full member

Activity: 217

Merit: 120

Presale is live!

It was a very expensive pizza!

ManaMan

member

Activity: 238

Merit: 38

Quote from: Brik03 on January 26, 2018, 04:16:24 PM

I think that now that pizza maker is in some remote part of the Pacific Ocean with his Bugatti in the crystal garage in his mega-attic. Grin

He doesn't own that much btc anymore, try reading and investigating a bit more. As nobody really hoped that something simple like this will be worth much like today. Thing is that something like this had to happen as it gives value to bitcoin and cryptocurrency as a whole, it gives it value to be used as a currency.

Brennus101

jr. member

Activity: 32

Merit: 4

Quote from: Brik03 on January 26, 2018, 04:16:24 PM

I think that now that pizza maker is in some remote part of the Pacific Ocean with his Bugatti in the crystal garage in his mega-attic. Grin

Read the thread I linked to above. The pizza maker, as far as we know, never received any bitcoin. User lazslo paid user jercos 10,000 bitcoins in exchange for jercos ordering 2 pizzas for laszlo, presumably paying for them in USD.

Lutpin

copper member

Activity: 1904

Merit: 1874

Goodbye, Z.

Quote from: Brik03 on January 26, 2018, 04:16:24 PM

I think that now that pizza maker is in some remote part of the Pacific Ocean with his Bugatti in the crystal garage in his mega-attic.

Or still working his minimum wage post at Domino's.

bigvito19

full member

Activity: 706

Merit: 111

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

It is really interesting thing , Did you know ?
first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25 and 10000 bitcoin.
Now a days , we can order 600 pizzas with 1 BITCOIN.
It was 2009.

I just get amazed Day by Day. Share your Thought please. Cheesy

Yea I already know this, its been talked about 11,015.40 times on here already Grin

.

Brik03

jr. member

Activity: 43

Merit: 3

I think that now that pizza maker is in some remote part of the Pacific Ocean with his Bugatti in the crystal garage in his mega-attic. Grin

Brennus101

jr. member

Activity: 32

Merit: 4

Quote from: cryptorampage on January 26, 2018, 04:04:03 PM

Quote from: Brennus101 on January 26, 2018, 03:59:31 PM

Do you have any source for this claim? The only famous pizza purchase using bitcoin that I'm aware of is the following: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137.

Of course , i just read this thing from fossybyte , please read number 4 fact of this link

http://fossbytes.com/interesting-bitcoin-facts/

It says:

Quote

After the first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25. To do so, 10,000 bitcoins were spent.

There are two transactions at play here. The first one was indeed between Satoshi and Finney. The pizza transaction is another transaction, the one that is discussed here: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137

cryptorampage

jr. member

Activity: 56

Merit: 30

Quote from: Washball on January 26, 2018, 04:02:24 PM

That was the main objective when Satoshi developed bitcoin: p2p transactions in order to skip the third party who's making a profit from your personal transactions. But nowadays bitcoin is not useful as a currency, fees are too high and confirmation times are too long. Today bitcoin is more of an asset to invest in and can bring good earnings.

But sir , recently the transaction time and fee drops in huge quantity. SegWit can further decrease transaction fees by 35 percent as cryptocurrency hardware wallet manufacturer Ledger explained in their site. But the question is how long it will sustain , i hope this will continue forever.

trigg

newbie

Activity: 23

Merit: 0

It is true. I don't know the names of the people who did it or the exact details (not sure if the OP has it exactly right) but the pizza story is well documented. It would be worth millions today.

Lutpin

copper member

Activity: 1904

Merit: 1874

Goodbye, Z.

Quote from: cryptorampage on January 26, 2018, 04:04:03 PM

Quote from: Brennus101 on January 26, 2018, 03:59:31 PM

Do you have any source for this claim? The only famous pizza purchase using bitcoin that I'm aware of is the following: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137.

Of course , i just read this thing from fossybyte , please read number 4 fact of this link
http://fossbytes.com/interesting-bitcoin-facts/

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

Satoshi and Finney ordered pizza and give the bill through bitcoin , it was priced $25 and 10000 bitcoin.
It was 2009.

That's wrong though, while Satoshi did make the first transaction to a key controlled by Hal,
neither of them were involved in the pizza purchase by laszlo a year later.

You need to learn reading better.
And of course people here know about it, the purchase took place here (or rather was started here).

cryptorampage

jr. member

Activity: 56

Merit: 30

Quote from: Brennus101 on January 26, 2018, 03:59:31 PM

Do you have any source for this claim? The only famous pizza purchase using bitcoin that I'm aware of is the following: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137.

Of course , i just read this thing from fossybyte , please read number 4 fact of this link

http://fossbytes.com/interesting-bitcoin-facts/

Skieleton

sr. member

Activity: 686

Merit: 282

Quote from: cryptorampage on January 26, 2018, 03:55:22 PM

It is really interesting thing , Did you know ?
Satoshi and Finney ordered pizza and give the bill through bitcoin , it was priced $25 and 10000 bitcoin.
Now a days , we can order 600 pizzas with 1 BITCOIN.
It was 2009.

I just get amazed Day by Day. Share your Thought please. Cheesy

Overpriced, these pizzas $ 16? In Poland, he bought 1200 pizzas ...

Topic: A pizza was ordered in the first transaction of BITCOIN (Read 221 times)