Pages:
Author

Topic: Bitcoin Pizza Day 2019 (Read 695 times)

newbie
Activity: 67
Merit: 0
May 22, 2020, 09:52:52 AM
#58
Am I the only one who thinks there are too many "bitcoin pizza day" topics?
sr. member
Activity: 623
Merit: 279
Hope & Positivity are keys to Success
May 22, 2020, 07:09:18 AM
#57
Hello Fellow Pizza and Bitcoin Lovers!

Today is 22nd May 2020 and the current value of the 10k BTC is $91 Million and change!    Was it ever discovered who made the deal here?  Looking a the old thread, the user "BitcoinFX" would look like the guy who accepted the 10k BTC. 

As i say its 2020, still not many places to spend $BTC, Bitcoin going through its longest Bear Market ever after reaching near $20k USD per BTC back in December 2017.


One thing is for sure, i hope you all join me in enjoying some very tasty Pizza today! 


jr. member
Activity: 225
Merit: 1
May 24, 2019, 06:52:04 PM
#56
Is May 22 the unofficial bitcoin holiday?

CBS seems to think so.  They are featuring a discussion about bitcoin this weekend on their weekly news show 60 Minutes.  Anderson Cooper interviewed Laszlo Hanyecz for the episode, and asked him about his request to purchase pizza with bitcoin back in May, 2010.  Nine years later that's looking like a really really expensive pizza.

The show is scheduled to air this Sunday.

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/
This is really a special day to always remember, how the existence of bitcoin came to be this was really a huge sum in today's future, bitcoin is definitely the king and all investors of bitcoin won't forget this day.
member
Activity: 572
Merit: 10
May 24, 2019, 12:47:31 PM
#55
Such a funny story, which really was the beginning of something new. Now for the money you could buy a huge number of pizzas. I think that this guy now regrets that he spent so many bitcoins.
legendary
Activity: 4214
Merit: 4458
May 24, 2019, 12:19:41 PM
#54
sorry guys windfury needs a reply and wants it in this topic for some derailing reason
so i apologise for windfury's constant social drama stuff to derail topics

windfury.
i am not a bitcoin cash guy.(get out of your echo chamber and start using independant thought, you might understand that)
 so dont derail topic just to social drama.. GO research bitcoin

i am 100% btc. the issue is YOU cannot separate btc from core. literally and figuratively
so when i say i hate CORE. your mind knowing core own btc. thinks i mean i hate btc

i want BTC to be a digital payment system and asset currency. as described in the white paper and as designed in code for the many initial years
it seems you want LN to be the currency(msats as pegged token) and btc to be the fortknox reserve
but LN wont work out so you just want BTC to be a reserve and fiat to be the currency

dont reply to me in this topic unless it involves pizza
jr. member
Activity: 289
Merit: 3
May 23, 2019, 02:39:07 AM
#53
Is May 22 the unofficial bitcoin holiday?

CBS seems to think so.  They are featuring a discussion about bitcoin this weekend on their weekly news show 60 Minutes.  Anderson Cooper interviewed Laszlo Hanyecz for the episode, and asked him about his request to purchase pizza with bitcoin back in May, 2010.  Nine years later that's looking like a really really expensive pizza.

The show is scheduled to air this Sunday.

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

Did you know? Bitcoin pizza guy Laszlo Hanyecz is so sweet that he even posted a thank you note to student Jeremy Studivant (jercos).

“I Just Want To Report That I Successfully Traded 10,000 Bitcoins For Pizza. Thanks Jercos.”
hero member
Activity: 2870
Merit: 605
May 22, 2019, 03:55:36 PM
#52

yes is a date and a historical event, the first payment with bitcoin for a good (pizza), i would consider that from there a new era began, that of the virtual coins and perhaps in some way also the begining of the decline of the banks...
legendary
Activity: 2898
Merit: 1823
May 22, 2019, 01:59:03 AM
#51
~

I think you replied in the wrong thread.


No, I'm bringing the discussion back here, where he quoted my original reply. Check it. The discussion was going to derail the Lightning FAQ topic.
sr. member
Activity: 1079
Merit: 352
May 21, 2019, 03:38:27 PM
#50
On bitcoin pizza day, there's was some cryptocurrency service as upbit and many more who celebrate it with a giveaway, in upbit one you can get a pizza voucher that I believe who you can redeem later.

It's interesting enough because it becomes a celebration, marketing/gimmick.
legendary
Activity: 1470
Merit: 1029
Death to enemies!
May 21, 2019, 11:43:11 AM
#49
Whenever I eat a pizza I always think about this. Right now the fees are too high and unstable. Eth would be a better bet for buying pizza and smaller things but I bought something the other day and kept running out of gas so I ended up paying $1 for a $30 transaction. It cannot be avoided yet. I don't fully understand how it all works or why exactly the rise in price excites everyone to make transactions all over the place or why that effects the fees so much.
Before the introduction of SEPA payments I sometimes ended paying 17$ in commission for 10$ transaction between two different banks within my own country.
full member
Activity: 1092
Merit: 117
May 21, 2019, 11:25:22 AM
#48
Everyone is talking about the value of those bitcoins now and that's the most irelevant thing you can talk about. That person paid the price of a pizza in that moment and there I no way he could knew what is going to happen with his bitcoin in the future(now). Same as the price went up it could have gone down and his bitcoin would worth nothing now so he would have regretted his decision of not buying pizza.
copper member
Activity: 2184
Merit: 4241
Join the world-leading crypto sportsbook NOW!
May 21, 2019, 11:15:31 AM
#47
~

I think you replied in the wrong thread.
legendary
Activity: 2898
Merit: 1823
May 21, 2019, 02:35:26 AM
#46
You are derailing the Lightning FAQ using misinformation and useless techno-babble again. I will reply here, franky1.


anyway.. for those wondering if windfury even cares about bitcoin. or is just a core kiss ass... here's windfry's opinion on bitcoin


No, Bitcoin is not "superior" to purchase "any goods imaginable". The most efficient way to pay for most goods is simply by fiat, in electronic form like credit/debit cards, or its physical form in the form of cash.

he actually thinks people should stick with fiat (facepalm). let me guess he thinks bitcoin is not digital cash but LN's Msats are? as its very apparent h feels bitcoin is not a viable currency and how only LN's token can do the job


But you think people should use Bitcoin Cash for their transactions. Double face palm. Hahaha.

But really, why would you encourage people to use something as scarce, as secure, as censorship-resistant, and something that would cost you, because of loss of HODLING opportunity, for your everyday transactions if fiat was more efficient to use? Cool

full member
Activity: 322
Merit: 101
May 20, 2019, 01:11:12 PM
#45
That was historical and unforgettable. I'm sure that no one would buy a single box if pizza if the price is 1 btc. Everything really happens for a purpose. It's unexpected that the price could rise this far when it was just requested to switch for a pizza before.

There are two things which makes the 22 May, the bitcoin pizza day a memorable one. First it is recognized as the first payment in bitcoin for sale of things, pizza in this case. Secondly that person spend too much bitcoin on a single pizza , he must to regretting to spend such big amount as he would have never ever  thought bitcoin can reach 19K. (All time high of bitcoin)
copper member
Activity: 2184
Merit: 4241
Join the world-leading crypto sportsbook NOW!
May 20, 2019, 12:32:40 PM
#44
Is May 22 the unofficial bitcoin holiday?
Respect to Laszlo Hanyecz as he made the first purchase with bitcoin and then the market exploded and started having valuation, not sure how much purchases he did as he appreciated many people for sending the Pizza. Glad to see that there is a documentary regarding that and it is quite interesting to see how things changed so quickly.

Quote

according to one of his response in his thread by laszlo
Well I didn't expect this to be so popular but I can't really afford to keep doing it since I can't generate thousands of coins a day anymore Smiley  Thanks to everyone who bought me pizza already but I'm kind of holding off on doing any more of these for now.

According to Anderson Cooper he would have $800 million if he had not spent any of the bitcoin on pizza.  The conversion rate they used during filming was BTC1 = $8,000, so that's a total of BTC100,000 that Laszlo has spent.  I hope he held on to a few, and enjoyed the pumps that might never have happened if he hadn't placed the pizza order.
legendary
Activity: 2282
Merit: 1023
May 20, 2019, 12:11:20 PM
#43
Is May 22 the unofficial bitcoin holiday?
Respect to Laszlo Hanyecz as he made the first purchase with bitcoin and then the market exploded and started having valuation, not sure how much purchases he did as he appreciated many people for sending the Pizza. Glad to see that there is a documentary regarding that and it is quite interesting to see how things changed so quickly.

Quote

according to one of his response in his thread by laszlo
Well I didn't expect this to be so popular but I can't really afford to keep doing it since I can't generate thousands of coins a day anymore Smiley  Thanks to everyone who bought me pizza already but I'm kind of holding off on doing any more of these for now.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
May 20, 2019, 11:46:32 AM
#42
^^^
When compared to buying it with bitcoin I think it would taste like sour dough!  Wink
Those thousands of bitcoins he spend on those two pies must of been the best tasting pizza he ever had. Grin
legendary
Activity: 2646
Merit: 1720
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
May 20, 2019, 10:56:37 AM
#41
~ Do you still want to buy pizza's with your bitcoin's on Bitcoin Pizza Day?  Wink

I will make my own pizza to keep my btc ;p

+ sMerit !

If we all listened to actual 'Satoshi' - see: 'original' bitcoin.org circa Satoshi, via web archive, here in my previous thread post:

- https://bitcointalksearch.org/topic/m.51136388

... then perhaps one might make two pizza's and sell the later for BTC, or even exchange a slice or two for a fancy haircut (or for other goods and services). Hell, make a third pizza and give it away (as a generous sentiment of said Opportunity Cost).

~ Who was it that said: "Bitcoin is the devils way of teaching 'geeks' real economics". *Shrugs*

See also:

- https://en.wikipedia.org/wiki/Parable_of_the_broken_window
- https://en.wikipedia.org/wiki/Cobra_effect etc.,

 Cheesy

EDIT:

~ Does pizza dough taste better when purchased with FIAT currency ?  Roll Eyes
newbie
Activity: 29
Merit: 1
May 20, 2019, 10:31:33 AM
#40
~ Do you still want to buy pizza's with your bitcoin's on Bitcoin Pizza Day?  Wink

I will make my own pizza to keep my btc ;p
legendary
Activity: 2646
Merit: 1720
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
May 20, 2019, 10:28:07 AM
#39
"On May 22, 2010, Hanyecz traded 10,000 Bitcoin for some pizza in what is widely believed to be the first real-world transaction involving Bitcoin. Each year, on May 22, Bitcoin enthusiasts all over the world celebrate "Bitcoin Pizza Day" to mark the event. Bitcoin then was worth less than a penny."

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

I completely forgot about this guy who made one of the most unsuccessful investments in his life. In fact, he could live on this money all his life and leave to children, grandchildren, and so on. But pizza is good too Cheesy

This is/was an Opportunity Cost (in economics), a 'sacrifice' ...

- https://en.wikipedia.org/wiki/Opportunity_cost

Anyone who sold (or 'exchanged') bitcoin's at a comparatively low or very low value knows this Opportunity Cost well, myself included.

Perhaps we will see other Opportunity Costs in the future. Also see ... (above wiki page) and ...

- https://en.wikipedia.org/wiki/Paradox_of_value

~ Do you still want to buy pizza's with your bitcoin's on Bitcoin Pizza Day?  Wink
Pages:
Jump to: