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Topic: Pizza sold for 10,000 BTC in 2010... - page 2. (Read 1797 times)

sr. member
Activity: 252
Merit: 250
March 27, 2013, 07:13:51 AM
#19
The smart ones will take this guys lesson and start buying into Ltc and other smaller currencies now when they are still easy to mine and cheap to buy. If they become anything like a BTC there will be serious money to be made.

Don't hold off and kick yourself in the arse again in a couple years!

How does one buy litecoin?

Is it available on mt. gox or some other exchange? (I used coinbase to get my BTC)

Why do you expect it to gain marketshare alongside BTC? Do you think it'll be like silver to BTC's gold?

Because obviously BTC is already highly divisible down to the 8th numeral or whatever.

Thanks in advance for answering my questions.

I buy bitcoin from gox and transfer it to BTC-E.com for buying litecoin when I wanna buy some LTC.

As far as how high the price will go, nobody knows.

Seems to be linked to bitcoin a little bit, but not too much (it's been holding steady at about 50 cents a coin for the past few weeks, up from crashing at like 7 cents a coin).

Someone came out with a silk road equivalent for it recently, so if that's not a honeypot it should stimulate the litecoin economy quite a bit.

but who knows?
newbie
Activity: 28
Merit: 0
March 27, 2013, 07:01:28 AM
#18
The smart ones will take this guys lesson and start buying into Ltc and other smaller currencies now when they are still easy to mine and cheap to buy. If they become anything like a BTC there will be serious money to be made.

Don't hold off and kick yourself in the arse again in a couple years!

How does one buy litecoin?

Is it available on mt. gox or some other exchange? (I used coinbase to get my BTC)

Why do you expect it to gain marketshare alongside BTC? Do you think it'll be like silver to BTC's gold?

Because obviously BTC is already highly divisible down to the 8th numeral or whatever.

Thanks in advance for answering my questions.
newbie
Activity: 40
Merit: 0
March 27, 2013, 06:49:41 AM
#17
haha! hope that pizza was worth it!
hero member
Activity: 518
Merit: 500
March 27, 2013, 06:39:19 AM
#16
Hope it was a big pizza
sr. member
Activity: 420
Merit: 250
March 27, 2013, 06:36:01 AM
#15
This is the dumbest thing I ever heard of.  Shocked

newbie
Activity: 4
Merit: 0
March 27, 2013, 04:33:30 AM
#14
The guy who give up 10,000 coins should have another 100,000 coins in his wallet, he won't care about it.
newbie
Activity: 20
Merit: 0
March 27, 2013, 03:35:04 AM
#13
This is a pretty touchy subject a lot of older miners don't like to talk about. I think everyone is afraid of the new pizza issue happening with higher priced items down the line, thus holding on to them for a while longer than they used to.
newbie
Activity: 28
Merit: 0
March 27, 2013, 12:10:08 AM
#11
Yes we should be thanking this man for buying/spending bitcoins. The transactions are what rises the price, which I'm sure this is not new info to most of you  Wink

The smart ones will take this guys lesson and start buying into Ltc and other smaller currencies now when they are still easy to mine and cheap to buy. If they become anything like a BTC there will be serious money to be made.

Don't hold off and kick yourself in the arse again in a couple years!
sr. member
Activity: 267
Merit: 250
March 27, 2013, 12:04:27 AM
#10
If everyone held their bitcoins, we wouldn't have a bitcoin economy.
full member
Activity: 190
Merit: 100
March 26, 2013, 08:55:14 PM
#9
shiiiiit O_O
newbie
Activity: 18
Merit: 0
March 26, 2013, 08:01:55 PM
#8
That man serves as a martyr and example to us all.
newbie
Activity: 26
Merit: 0
March 26, 2013, 05:35:49 PM
#7
well 10 years from now, people will be amazed we are paying a whole 0.5 BTC for pizza.
legendary
Activity: 1078
Merit: 1003
March 26, 2013, 04:14:23 PM
#6
I'd happily trade a beautiful home-made pizza for just BTC100.

Anyone?



That had better be an orgasm-inducing pizza, buddy.
hero member
Activity: 868
Merit: 1002
March 26, 2013, 04:12:33 PM
#5
Yeah this poor topic has been beaten to death. Obviously the guy wouldn't have done this had he known it's future value.
That's not obvious at all. People are using Bitcoin for purchases every day, (Bitcoinstore.com has done well over $100,000 in sales this month). We just buy more if we want to save a certain amount of coins, effectively "spending" the USD. Using Bitcoin helps adoption.

full member
Activity: 179
Merit: 100
Bitcoin: money chosen by the market.
March 26, 2013, 04:11:43 PM
#4
I'd happily trade a beautiful home-made pizza for just BTC100.

Anyone?

member
Activity: 85
Merit: 10
Fortune favors the bold and brave
March 26, 2013, 03:54:01 PM
#3
It's pretty easy in hindsight to proclaim the purchase as a bad idea, but as stated in the article, without people like Hanyecz, no one would be using the currency.  I've spent a number of coins up to now as well, I bought a, now, $100 pizza from pizzaforcoins.  But that doesn't matter, it doesn't invalidate the importance of those transactions.  At the time, that's what btc was worth. 

Hanyecz is no fool; he spent 10k btc on a pizza, and probably still has a 100k btc!
newbie
Activity: 19
Merit: 0
March 26, 2013, 03:38:39 PM
#2
Yeah this poor topic has been beaten to death. Obviously the guy wouldn't have done this had he known it's future value.
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