The 10.000 btc pizza... - page 2. | Bitcointalksearch.org

Jating

hero member

Activity: 2842

Merit: 772

Quote from: Feri577 on October 19, 2017, 07:50:47 PM

You know what, people really understand what bitcoin is: a currency.
People who are surprised by such expenses do not understand what bitcoin is, they consider bitcoin as an investment that should make them rich in bitcoin if you think so.
of course we all know that bitcoin is on the rise and we all take the big advantage but if everyone sees bitcoin just as an investment to make a profit, bigger I am sure there are still many advantages Bitcoin increases because this is currency not because it is investment ..

At that time no one could predict has bitcoin would evolved. And he did the right thing, he used bitcoin as payment method to bought his favorite pizza. No one can question his decision on that. Yes, bitcoin has already surging however, his action wasn't wrong. And I don't know if he still made sudden appearance here, But I know the guy is now Legendary and maybe his action really push bitcoin one step further to what we are enjoying today.

Feri577

sr. member

Activity: 277

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You know what, people really understand what bitcoin is: a currency.
People who are surprised by such expenses do not understand what bitcoin is, they consider bitcoin as an investment that should make them rich in bitcoin if you think so.
of course we all know that bitcoin is on the rise and we all take the big advantage but if everyone sees bitcoin just as an investment to make a profit, bigger I am sure there are still many advantages Bitcoin increases because this is currency not because it is investment ..

smartJEV

full member

Activity: 168

Merit: 100

HODL

Quote from: Aba on October 19, 2017, 07:28:03 PM

if he knows the price of bitcoin in the future will rise, he will be one of the rich too. this story becomes a lesson for me how bitcoin can change a person

But he is famous now

Anyway hope the pizza was good

Aba

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if he knows the price of bitcoin in the future will rise, he will be one of the rich too. this story becomes a lesson for me how bitcoin can change a person

mrcash02

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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. People just need to start selling all their Bitcoins to dump the price to the ground.

mostkey

sr. member

Activity: 742

Merit: 253

Quote from: Kprawn on October 02, 2017, 12:15:13 PM

It was actually not just one pizza, he bought more from other people too, just to prove that Bitcoin can be used to buy

ordinary food items. When this was later published in the media, it draw a lot of attention and a lot of people adopted Bitcoin

when they learned about this. In a way, he was a Hero to some people, because his actions put a lot of things in motion for

people to be rich today. Wink

this man deserves to be praised, for it is the blessing of the many changes that dominate the method of bitcoin payments in the culinary field, and the many changes that guide bitcoin holders to early success, as they arise in social media, and make bitcoin users more and more forthcoming, for that. this guy should be noted in the history books bitcoin,

whoisyourking

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Quote from: Bonanzacoin on October 01, 2017, 04:46:58 PM

...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.

That guy is not a hero he actually pay pizza for the right price that time. bitcoin that time is just a waste of time he is actually lucky because pizza shop accepted his bitcoin without knowing the value of bitcoin that time. If i am that guy i will also change my bitcoin for a pizza to be able to fill my hunger.

ohhhhi

newbie

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Over time this piece of bitcoin lore will be the most commonly referenced I think

XbladeX

legendary

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Quote from: Bonanzacoin on October 01, 2017, 04:46:58 PM

...guy is a hero in Bitcoin really.***

wiethout such peope Bitcoin will be PICE OF SHIET peope need to use BTC to give it value.
If you just hold BTC you actualy hurt it this is not how it should work we need economic activity bihind that BTC.
We should thank all 10 000 BTC pizza people for giving it value more than miners.

pushups44

sr. member

Activity: 854

Merit: 281

At the time, it was impossible to tell the direction of bitcoin, since it was in its infancy and hardly anyone knew what it was. Hopefully the guy who made this famous transaction saved a few along the way. While it was excusable at the time, he was given many more chances to hop on the train.

drm

legendary

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Quote from: Wesimon on October 02, 2017, 12:23:31 PM

I dont know but everytime I read about that 10000btc pizza, it makes me quite sad but more of excitement. Imagine what that person is feeling right now. It's like you throw a million dollar money.

Obviously he wouldn't have done it if he knew what would happen to the btc price.
Might be hard to believe for some, but he is actually quite ok with it now.

mazzaneo

sr. member

Activity: 300

Merit: 250

He might have paid the $20 and saved a few of those BTC's had he predicted the value was going to go where it was going to go. What you must realise is that at the time it probably wasnt a bad deal, he probably got the pizza for close to free.

Bonanzacoin

full member

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Quote from: Aikidoka on October 19, 2017, 04:36:36 PM

I always wonder where he is right now and what he is thinking of. I hope he is not blaming himself because surely it was not his fault to begin with. Personally, if I were him, I would do the exact same thing. I would not know that bitcoin would be worth it in the future. But it is always good to live people's experiences and learn from their mistakes. And as you said, if he, alongside other people, did not buy bitcoin, the latter would not be as great as it is today. So, special thanks for people who contributed into making our life better with bitcoin.

the irony is that if he or others never spend it in that time, it would v never became worth this much.

Thats my point...

Aikidoka

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Sinbad Mixer: Mix Your BTC Quickly

I always wonder where he is right now and what he is thinking of. I hope he is not blaming himself because surely it was not his fault to begin with. Personally, if I were him, I would do the exact same thing. I would not know that bitcoin would be worth it in the future. But it is always good to live people's experiences and learn from their mistakes. And as you said, if he, alongside other people, did not buy bitcoin, the latter would not be as great as it is today. So, special thanks for people who contributed into making our life better with bitcoin.

leex1528

hero member

Activity: 784

Merit: 1000

I really don't think this dude is a hero at all.

Its like saying I am a hero for something that happens 30 years from now that I literally had no idea I was trying to create or help that movement from happening.

He probably just thought that Bitcoin would hover around where it was, and therefore was more like an anti hero of Bitcoin.

Probably kicking himself now....

jak3

legendary

Activity: 1274

Merit: 1004

Yeah he was really a hero because of him there are so many people here today. I have heard of this story many times and probably has told this like 30-35times to the guys who came to me for learning about Bitcoin. I don't think this pizza guy has ever imagined that Bitcoin will be so much more in the future but he has taken the risk.

jal007

full member

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yap, this kind of personne deserve to get a gold Crown

Bonanzacoin

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Quote from: coxpon on October 19, 2017, 09:08:36 AM

same story: in the early days one of my classmates mined bitcoin in the school, a few years later he realized he had a fortune... but he forgot the password of the wallet and had no backup. Roll Eyes

he was really disappointed

Oooh well... darn him!! That silly classmate of yours. Hahahahaha! (happy family laugh that goes to church every hour, or no, lives there and sing praise the lord the whole day)

because my original post was being DELETED for no reason!

paolo099

full member

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Quote from: stompix on October 02, 2017, 11:48:31 AM

Quote from: hich_ang on October 02, 2017, 11:12:23 AM

I think he's thinking he's idiot now Grin

No one wants to be millionaire by spending millions of dollars on 1 Pizza. I wouldn't appreciate to be in his place.

No, but all of us believe you're the idiot.
If it weren't for that pizza maybe nobody would have transacted BTC for something for months or maybe we would have never had a btc transaction between people.
So the value of BTC would be the same as before the pizza buy, a big fat 0.

The amount of newbies acting as the gods of knowledge around here is disgusting.

Quote from: Chachacoin17 on October 02, 2017, 11:00:53 AM

Yeah right! We should be thankful to that guy. And to the pizza owner who accepts bitcoin. Great things really comes from small beginning. That's just how it goes.If bitcoin wasn't spent before, then there's ni bitcoin today. So we should all support bitcoin and continue to buy using bitcoin to support its purpose as a digital currency.

There was no pizza restaurant accepting bitcoin at that time.
There was no shop accepting bitcoin. That was one of the first transactions between two guys with some kind of value.
The receiver of the 10k BTC paid with a cc for the pizza to be delivered to Lazlo.

Even if i'm a Jr. member i'm lurking this forum for years and i totally agree with you, this kind of topics are for them just a post counter farm.
What if, at that time, btc project ended because nobody wasn't trusted and followed? yes, that guy got a free pizza without spending a single penny, so what?
Are the people like him which definitely boosted the BTC reputation, the possibility to buy food with just a sequence of 1 and 0 demonstrate (him and the pizza seller) they both agreed to exchange goods for bits.
There are no idiots involved in that transaction, there are many idiots which are jumping on the BTC bandwagon hoping to become rich! We all want to live a better life but they have no clue how BTC works, they want to earn free moneyzz spamming on the forum to get a signature campaign and they feel god if they gain 1$ out of nowhere..

coxpon

newbie

Activity: 28

Merit: 0

same story: in the early days one of my classmates mined bitcoin in the school, a few years later he realized he had a fortune... but he forgot the password of the wallet and had no backup. Roll Eyes

he was really disappointed

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