missfox Posted October 29, 2017 #1 Posted October 29, 2017 The first retail purchase on May 22, 2010 is probably the most famous story in Bitcoin history. Jacksonville, Florida Bitcoin “miner” Laszlo Hanyecz pays 10,000 Bitcoins that he mined himself for two pizzas. At the time, Bitcoin did technically have an exchange rate of a few cents, but who knew that? The purchase price for the pizza was approximately U$25. Selling 10,000 units of unknown computer code for two real pizzas seemed like a great deal at the time. “It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently. The year of 2010 sees many first for Bitcoin, including the first escrow transaction (October 16), the first mobile transaction (December and the first time Bitcoin’s total value exceeded US$1 million on November 6, with each bitcoin trading for approx. US$0.50. Bitcoin is now a real currency. You Can find this interesting story along with "Top 10 Greatest Moments in Bitcoin History" here: http://cointelegraph.com/news/115146/top-10-greatest-moments-in-bitcoin-history And the Original Pizza Story Started here: https://bitcointalk.org/index.php?topic=137.0
Stalkerjex Posted October 30, 2017 #2 Posted October 30, 2017 nice history of bitcoin and i think it was the greatest history i read now
Roland Posted October 30, 2017 #3 Posted October 30, 2017 Thats was a nice Story i enjoy reading it.. ?
Furlicious Posted November 3, 2017 #4 Posted November 3, 2017 I can't imagine how depressing i would have been if i were him. I'm already feeling damn regretful for selling away my 55 Bitcoin in year 2015 for only USD400 per Coin. Even till now whenever i scroll thru those transactions made in my wallet history, i feel like strangling my silly self to death...
wilbur Posted November 3, 2017 #5 Posted November 3, 2017 i read this history somewhere. thanks for refreshing
StrikeBALL Posted November 3, 2017 #6 Posted November 3, 2017 it was 10 000 BTC in the present, and not 5000 ! it was a good pizza)
GodLoft Posted November 3, 2017 #7 Posted November 3, 2017 2010 5000 Bitcoin = 1 Pizza 2017 1 Bitcoin = 500 Pizza
neoooo Posted November 3, 2017 #8 Posted November 3, 2017 nice story , i enjoyed it, this remind me the days which i had 5 btc , lost all in scam gaming site ,just disappear and broke my heart , its values now in my country equal to half milon which can buy me a Villa and a very nice car !!
NatalyD Posted November 3, 2017 #9 Posted November 3, 2017 Yeah, I heared about this 5milliondollarspizzaeater
ryap12 Posted November 5, 2017 #10 Posted November 5, 2017 did not know this... i wonder if what the pizza company did with the 10k btc...
wilberthh Posted November 5, 2017 #11 Posted November 5, 2017 Idk man... Idk how he feel about it right now. Probably pissed
Memeka Posted November 5, 2017 #12 Posted November 5, 2017 On 10/30/2017 at 7:40 AM, missfox said: And the Original Pizza Story Started here: https://bitcointalk.org/index.php?topic=137.0 I've heard of the pizza story before, but wasn't aware about that link. It is interesting to read how it happened. The person who bought the pizza was active at bitcointalk and he talks quite a bit about the tx too, Apparently, he spent practically all of the BTC he mines.
actmyname Posted November 5, 2017 #13 Posted November 5, 2017 6 hours ago, wilberthh said: Idk man... Idk how he feel about it right now. Probably pissed It's all relative. That was a good deal back then. You would probably say that if you were able to sell your BTC for 8k USD (equivalent) that it's a good deal. But what if down the line the price of a bitcoin reaches 20k USD? Think about it in perspective.
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