I don't think if such person thinks about himself as hero because he didn't know that Bitcoin is going to be worth so much money in the future. It wouldn't be nice to talk to him and ask how does he feel about it. Would he be mad because he could have a fortune now? Or would he turn it into a joke? Also I think that he wasn't the only person who spent Bitcoin somehow.
Yes, most of the early users of bitcoin did not accepted that bitcoins price will reach $6000 in future as it was not so famous in at the start. They spent btc as they though its just a new technology to earn and spend money nothing more but now the same bitcoin has become a golbal attraction and peopel try to earn more and more of it. 
Topic: The 10.000 btc pizza... (Read 1421 times)
The person who bought the pizza as well the delivery person could have never thought that this could grow to such an extent. Now if he had those in his wallet he would be a billionaire as well he could have got some control hands to manipulate the market.
That pizza guy is probably a billionaire right now if he only stored his bitcoins. What could possibly be his money if he just store his bitcoins up to this point.
it is what you have said, If there is no one that utilized bitcoin back then it will not go from 0 to 6K. No one can truly say what is in store for us in the future but for these people that had faith in crypto currency back then i think it is just for the faster transaction, and if we don't use it then there will be no transaction and in every transaction there is the miner that processed that information, every information that was processed gets rewarded with bitcoin, every bitcoin that was rewarded was deducted from the pool and in to the circulation and in every reward the supply slowly depletes, hence the rise of the price as the demand goes higher.
For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
Thanks to these people, and I bet multiple people have done this, they skwed the bitcoin price so much to make it an investable commodity. Thanks to these pizza living people that we get to enjoy passive income through the growth of bitcoins. Theubtruly deserve their names be etched on the history books of bitcoin.
What are you saying? Seriously, it's a bit hard to follow your writing.
Several people on this thread mention something to the effect of "oh, I've heard of this story..."
My reply shares with them the actual story, rather than them having to remember some rumor they heard from a friend. There are so many new people on this forum lately (due to bitcoin awareness growth) that it's absolutely appropriate to introduce the new folks to the classic tale that unfold on this forum 7 years ago.
Since we know this information already why this has been created to explain the same information about pizza news.
Is the pizza news will not be back at all.
We will find the bitcoin price will be grown every time dude. Same scratch value will not be return in the price chart.
I hope we do not need this discussion more and op can close thread before it goes to multiple pages.
Several people on this thread mention something to the effect of "oh, I've heard of this story..."
My reply shares with them the actual story, rather than them having to remember some rumor they heard from a friend. There are so many new people on this forum lately (due to bitcoin awareness growth) that it's absolutely appropriate to introduce the new folks to the classic tale that unfold on this forum 7 years ago.
For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
Since we know this information already why this has been created to explain the same information about pizza news.
Is the pizza news will not be back at all.
We will find the bitcoin price will be grown every time dude. Same scratch value will not be return in the price chart.
I hope we do not need this discussion more and op can close thread before it goes to multiple pages.
For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
Since we know this information already why this has been created to explain the same information about pizza news.
Is the pizza news will not be back at all.
We will find the bitcoin price will be grown every time dude. Same scratch value will not be return in the price chart.
I hope we do not need this discussion more and op can close thread before it goes to multiple pages.
For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
This story is by far one of the biggest legends in bitcoin. Now we see it as bitcoins current value I hope both have done well out of bitcoin. If anything it showed proof of concept.
...guy is a hero in Bitcoin really. Because when bitcoin wouldnt be spend in the early days we all now wouldnt be here... Early spenders made it possible for bitcoin to develop. So to say he spend half a billion on a pizza. Well not in that time. What he actually did was to make it possible to boost bitcoin to the price of today.
He sacrificed, as other early spenders, money to give others money basicly. Because only now its a store of value because of these early spendings. He was one of the founders of the total marketcap of today. He basicly invested a portion of his wealth to create a huge ponzi scheme... haha. Well jk. But anyway. I think thats a better way to look at it then a guy who ordered a pizza of half a billion.
No, thats not how it is. Cause if no one would v spended bitcoin in beginning it would be worthless today.
He sacrificed, as other early spenders, money to give others money basicly. Because only now its a store of value because of these early spendings. He was one of the founders of the total marketcap of today. He basicly invested a portion of his wealth to create a huge ponzi scheme... haha. Well jk. But anyway. I think thats a better way to look at it then a guy who ordered a pizza of half a billion.
No, thats not how it is. Cause if no one would v spended bitcoin in beginning it would be worthless today.
I heard this story before it was in the beginning when bitcoin was merely launched. So at that time, having buying pizza in that amount of bitcoin seems to value like billion also. Especially if that bitcoin is from the first time bitcoin was launched maybe he bought it for just one dollar and yet he was able to buy a box of pizza worth 10$.
I think that this guy with pizza is not the only one who spent bitcoins in their early stages of development. And it seems to me that these people gave a significant impetus to the development and distribution of bitcoin precisely as a currency, and not as an investment. They, it may be said, tested the work of the crypto currency experimentally and strengthened its position. They succeeded, and we must thank them to them 
Actually, I don't think he has anything to regret (or maybe he already committed suicide) they built the community today. If we make a comparison, we were able to buy bitcoin a long time ago at a ridiculous price but instead we probably buy a pizza in fiat, a cell phone or just something anything else. We do not allocate those amounts to buy btc taking advantage of its low price and destined as an investment, which would be the equivalent of a fortune nowadays in bitcoin.
He will be rich now if he did not order that pizza. Wondering if the boss of pizza store keeps the bitcoins...
I'm not sure if these people spending Bitcoin on early days made possible our currently reality. Most Bitcoin enthusiasts weren't and aren't buying Bitcoins to order food, buy stuff, they are doing this to grow their money holding Bitcoins.
Really?
What are you talking about?
It was during that period when the bases for what is now the bitcoin environment where set.
Nobody was that keen on hoarding coins, Gavin was giving away 1 btc in a faucet, and that is 1 per user , in total more than 1k BTC:
https://bitcointalksearch.org/topic/get-5-free-bitcoins-from-freebitcoinsappspotcom-183
Right now, if you try to encourage payments with bitcoins there are a lot of fools who will label you stupid (see this thread) without realizing that without commerce and exchange there is no bitcoin price.
I don't think if such person thinks about himself as hero because he didn't know that Bitcoin is going to be worth so much money in the future. It wouldn't be nice to talk to him and ask how does he feel about it. Would he be mad because he could have a fortune now? Or would he turn it into a joke? Also I think that he wasn't the only person who spent Bitcoin somehow.
It is unfortunate that humans generally do not have the gift of perfectly predicting the future (maybe we have to exempt those few people who have the gift of seeing the future just like Nostradamus). During the time when those boxes of pizzas were bought the main purpose of the transaction is to show that Bitcoin can be utilized as a currency and the story became so famous all because everybody is thinking what if the Bitcoin were just kept how much would it be now...?
I am sure that the one who was buying the pizza back then would just be laughing if asked how he is feeling right now that Bitcoin has already surpassed the $5,000 level. And we are seeing here one of the facets of Bitcoin and there are actually more stories to this one. In fact, maybe 10 years from now, there would be people who might be wondering why people in 2017 let go of their Bitcoin at the $5,500 level because who knows the value can be over a million at that time.
Wanna buy some pizzazz, anyone?
He is not , He just used bitcoin as is. AS A CURRENCY. Maybe we can also call him even the people who spent bitcoin as a currency as a MODEL a living MODEL that everyone should follow. Honestly . Almost everyone sees bitcoin as an investment platform ( which is okay) but Holding it for a long time without even spending it is really wrong and if everyone will do this, sooner or later bitcoin will be just vanished.
I don't think if such person thinks about himself as hero because he didn't know that Bitcoin is going to be worth so much money in the future. It wouldn't be nice to talk to him and ask how does he feel about it. Would he be mad because he could have a fortune now? Or would he turn it into a joke? Also I think that he wasn't the only person who spent Bitcoin somehow.
Hahahahhaha agree..No one knows back then that bitcoin will what it will as of now.
I think the best word describe is he became a big part of bitcoins growth and he plays a big role as of bitcoins current state right now ... right.
But I think before they spend it they will exchange it to fiat and not make payments through bitcoins back then
That guy will not be happier if he had all those billions of $ today. THey will just disappear, there is nothing to be envy to.
The goal is to learn how to invest money smart. A good skill in investing will lead you to wealth anyway, even if you have $1 in your pocket.
The goal is to learn how to invest money smart. A good skill in investing will lead you to wealth anyway, even if you have $1 in your pocket.
Mind blowing to read the title of this thread, an overpriced pizza I thought! But since it's about the guy who bought pizza using bitcoin... First, it is not actually a billion dollars worth pizza. Not billion dollars because bitcoin at that time have much lower market value compared to what we have today. Though admittedly, what that guy did really upped the bitcoin price (thank to him), many others also did the same by choosing to pay for their food or transactions using bitcoin (thanks to them). I believe they did not regret their decision at that time.
This is a lesson for us all for taking investment that you gonna trust where your money is or could i say where you invest your money in, back there I also doubt bitcoin because digital goods back there such pc and smart phones are really expensive but i got high hopes for bitcoin so i earned really big now for keeping a small quantity but i really regret not getting so much back there if I only knew that bitcoin price will explode this big I should sell my car and but as many bitcoins back in the days..
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