Bitcoin Forum

Today's price ONLY (!!!!) ~6500 pizza / Bitcoin... (( since LONG time, I don't had time for this 'No' Money ticker... sorry ;D  We have an IEO just now - check https://zsozso.info/allocation.html (https://zsozso.info/allocation.html) for more!!!! Please, support US! ;) ))

The all time high ~10000 pizza / Bitcoin (April 2021).
The all time low 1/10000 pizza / Bitcoin ( I don't know the Date - please post it, many thanks :) I May 22... 2010? 2009?)

My all time low was 0.4 pizza / Bitcoin in November 2011 (You can post YOUR all time high and low for a PIZZA agains Bitcoin :) Many thanks for posts...)

All time highest estimation for our 'No' Ticker for BITCOIN is ~166667 PIZZA / Bitcoin

Pizzerias ( offering MARGARITA 30-35 cm pizza as STANDARD pizza ((not for bitcoin, but You should HAVE debit card's... Or? or cash ;) ;D / Bitcoin ticker pizzas - which was well tested by me ;D ):

La'Coma (Hungary, Dunakeszi): https://lacoma.hu/etlap/kategoria/pizzak-es-feltetek (https://lacoma.hu/etlap/kategoria/pizzak-es-feltetek)
Toto' ((Toto' Sapori - in the Gasometer! Top service!!!!)) (Vienna): https://www.totosapori.at/colofon (https://www.totosapori.at/colofon)
Pizza Mamma (Hungary, Dunakeszi): http://pizzamamma.hu/ (http://pizzamamma.hu/)
La Piccola Napoli pizzéria (Hungary, Budapest): https://www.facebook.com/lapiccolanapolipizzeria (https://www.facebook.com/lapiccolanapolipizzeria) ((You need at this time here cash!!!! TOP caffe, TOP pizzas, TOP service))


Not a Pizza, but some goods, meal, what I like to eat - in Dunakeszi of course - and a ratio between Pizza and Element...

I deleted lazaburger. I don't find it on the web. Visit Zing Burger in Budapest (many places...)

The original first post...

I would like establish a new type of ticker -
with not a fiat (i.e. USD) for a crypto (i.e. as here - agains Bitcoin) but with a well known product. PIZZA here i.e.

N PIZZA / BITCOIN

I named thys type of ticker 'No' Ticker - please see, because the name of the type of ticker, this post also:


And our ticker will be posted as second post in this thread (please be patient - I post it not periodically - but I will post as I a little time got for such purpose...
You can do it also - please post the prices, as you see...):

The today's values...

If one pizza is $5 then that would make BTC worth $125000. One can hope.

FYI

FYI

So you will update this regularly every day.   Its just confusing the quote has another date on there as well.  

This idea isnt unprecedented, there is a McDonalds 'bigmac' index to show global inflation (run by the economist?) and variation in food costs worldwide over time.     What we need here is a standard measure of pizza, the size of it and I presume we'd just be ordering the basic cheese and tomato that is traditional and recognised in every country ?

The reason this is not a silly idea, actually would be useful is that a pizza is a measure of inflation in of itself.   Food costs are essential to society and reflect costs in an economy.    Part of the Arab spring uprisings was about the cost of bread in Egypt I believe, which was to do with variation in currency pricings after the 2008 crisis or thats how I remember it.   Food is a common cost across a nation and not one that can be easily ignored or disputed.

Bitcoin hopefully is relevant even to the smallest food transactions and is efficient enough to deal with them, maybe even help facilitate trade over a failing currency standard, Venezuela being one current example thats led to starving people apparently


https://i.imgur.com/oz3G7wU.jpg

https://www.economist.com/news/2019/01/10/the-big-mac-index
https://en.wikipedia.org/wiki/Big_Mac_Index

What I tryed to establish a poll - but it was deleted later... I showed many possibilities - i.e. "x liter Milk / 1t steel" . And I asked - which ticker has more information about economy......

It was a compare between bitcoin ledger and vortex ledger (or more...)
please see the ann thread of vortexledger:
https://bitcointalk.org/index.php?topic=4392525.0 (https://bitcointalk.org/index.php?topic=4392525.0)

Many thanks for your contribution...


I don't think - it was off topic the post above... It is about the economy of bitcoin, compared to other possible types of an economy - through tickers.
If somebody don't take critique well - I can't do anything to weak up a such community. I see it was centralised. Yes - the bitcointalk.org was a loose organisation of many different people,
and just I feel it is centralised - nobody give feedback, if somebody gives new ideas. It will be deleted - without a discussion.

Do you believe or not, but there are plenty of chances for bitcoin to get $500 Million value in next 30 to 50 years of time.
Now please tell me, how many pizza you may able to buy for a bitcoin ? Now, people will ask, why not $1 Billion value ? It is possible but we cannot estimate any time frame for that.

In next 30-50 years. probably people would have forgot to use the notations like BTC or mBTC as satoshi would be their easier unit to understand price levels better. Hence in 50 years of time, bitcoin may be divisible up to 15 to 20 decimals (probably one satoshi might get divided into another 8 decimals). I may sound wired, but this is the practical one and will happen.

By the way, what is the price of one "usual/common flavored" pizza in your country 8) ?

I think the number in Pizza less as the number in USD. The value of 1 Bitcoin of course... USD has an inflation. Pizza (because the more people and less living environment) has a deflation agains USD.
And I think also agains bitcoin! In long run.
And a Pizza costs in Hungary - as I wrote in the first post :)

And a Pizza in Milk (i.e. in deciliter) - should be remain aproximently the same!

And we will consider - the living environment (i.e. bees) important for us. It isn't replaceable - if it was lost.

Ok, so how much would that pizza be, if you bought one when the price of a Bitcoin was $18 000+ in 2017? Also, if you took your monthly fiat budget for food and you converted it into Bitcoin, then your goal was to spend that food budget in that month. So, you had no long-term goals to hoard those coins, to get a higher price for them.

It is like saying, I am drawing $100 from my food budget today and spending it, before it's value goes down to $80 in the near future.  ::) <You still spend $100, no matter what the value would be in the future>  :P

I had xapo VISA card. I bought things - I was able to check what it cost. It was a nice list. i.e. I rent a car in Venice, and the card had more balance in USD as before :D I showed the whole process to the counterman, and he called the bank - what happened :D Then I had a car, to drive to Hungary and back. Nice.

And I buyed some Bitcoins, as it was ~2 USD. It meens, I payed for Pizza at end of 2017 USD cents :) or less...
Today, if you pays for a Pizza with Bitcoins, it a clear lost, if the price just for a minute falls...
The bear market for Bitoin is sad. You lose everythng in minutes.

If the payment based on Milk...... What should I say. It is stable. Very stable. And the people feel - they needs the living enviroment also......

The bees... i.e.

Huhuhuuuuu.... Any opinion about the x bees / Bitcoin ticker? What will have less rarity? In, maybe, years?

Nothing? I can it understand.

I agree with the statement because it is not impossible in the future that bitcoin will reach a price that may be very high compared to the number of pizzas that can be obtained with 1 bitcoin, but to arrive at that point it is possible that there will be many corrections justified the correction but more people will be able to take advantage of this

Many thanks for your opinion...
(( And: The ticker had not big changes in last days.))

Its because bitcoin purchasing power growing stronger. Its different with fiat money, always reduce the value by inflation. Compare USD purchasing power, bitcoin always get more goods than fiat money. It could happen in the future 1 btc= 1 lambo

Bitcoin can change to goods, if they exists... If no bees - I think it will be a little more work to serve a PIZZA, FRUITS, OR ...
You will have then bitcoin or gold or a kind of money - BUT NOT as much usable, eatables, trinkables, or other things needed to live!
They neded bees to grow or produce... And no bees any more...

I just still remember how the 10,000 bitcoin to 1 pizza. but personally, I have never bought pizza using bitcoin.

talking about pizza, I became hungry and lightest someone who bought some pizza with tens of thousands of bitcoins in the past, I don't know why I always smile myself if there is a pizza shop that supports payment using bitcoin, and yeah HODL is still the best to see now there are pumps on the market and maybe we can buy 100,000 pizzas with 1 BTC

maybe those who have bought it first feel disappointed now. by knowing the current price of bitcoin, of course you can buy whatever he wants. therefore the importance of analysis is needed to predict the future. so what we are doing right now provides benefits later

Calculating BTC as price for real everyday products will be an interesting thing to watch. That will give an indicator how inflation really makes progress and give Bitcoin some relation to goods. We don't have to buy it actually but only for calculation reasons.

It depends. It's very important to replace spent Bitcoins, so as long as you do that, you won't miss out on future rises. It's not the most convenient solution, but hey, it works, and I do the same unless it concerns very small amounts. Everything above $100 I buy back, especially at current levels. I'm not going to allow my Bitcoin stack to shrink at this stage.

We will see. Maybe pizza became much more expensive than it is now. For example, you would be able to buy only 10 000 pizzas but you will still have one bitcoin that has a value of 150 K+ dollars   :D
My lowest was 160 pizzas and about that estimation...  One is sure, it would be fantastic for all of us that have any amount of bitcoin on saving.

I think it's easier to calculate btc price by dollars and it's not interesting at all. There's a lot of indicator to find the statistical graph of progress of bitcoin and why choose pizza? You're just making things complicated.  :D

@Op, i don't get it why you're relating bitcoin to pizza? It's making me hungry this morning.

So what your saying is, that one day one  Bitcoin will cost $150.000 and then you can chose to use it buying 25.000 pizza's for around $6 each.
Yes that would must likely happen one day in the future.
I think we should look ad the the one bitcoin for 10.000 pizzas as a goal first, before we start talking about 25.000 pizzas.

It cut be pretty cool if someone bought 10.000 pizza's for one Bitcoin, and gave the pizzas  away to people who showed up to the bitcoin consensus in year 20XX

However before that can happen the price of bitcoins needs to go to 50 or 70.000

I also read the article where there is a person who use his 10,000 bitcoin to buy 1 pizza. But, I know we can use our bitcoin to buy foods in some fast food chain. I think if have 10,000 bitcoin I will not use to buy any kind of stuff.

The PIZZA / BITCOIN ticker changes. The PIZZA costs (of course) not as much as before :D We can buy with the stable bitcoin (1 bitcoin remained 1 bitcoin...) more PIZZA's today!
I changed the ticker. Many thanks for attention, opinions...

I forgot for a while to actualize this PIZZA / BITCOIN ticker...
The ticker value today:

Why are we using Bitcoin? Instead, we should use PIZZA to replace it. I'm kidding you. With the current growth of Bitcoin in the next 5 years, it can achieve higher growth and the number of PIZZZA per Bitcoin will increase every hour and every day. Please keep Bitcoin in your wallet and wait for it to increase before using it to buy PIZZZA.

Paying for pizza with bitcoin was a long time ago. Bitcoin has moved on. Pizza has moved on.

This pizza costs $12k, and takes 72 hours to produce. Very convenient. No long awkward silence at the counter as you wait for the bitcoin block to be processed. Say goodbye to handing over your 1 bitcoin and having to suffer from millions of satoshis in loose change filling your pockets.



https://therichtimes.com/wordpress/wp-content/uploads/2013/08/pizza.jpg (https://aroundtheworldonaplate2017.wordpress.com/2017/09/08/louis-xiii-pizza-12000/)

Lets add up some more: https://hauteliving.com/2010/03/top-five-most-expensive-pizzas-in-the-world/29487/  ;)

Nice. But we are still in the junior leagues here. Take this. Way more expensive than anything we've seen so far. Technically it's a piazza rather than a pizza. The extra 'a' is for 'awesome'. That's because it's already cut up into 8 slices.

https://i2.wp.com/www.walksofitaly.com/blog/wp-content/uploads/2016/07/2894411113_d6bcd32c16_b.jpg?w=1024&ssl=1 (https://www.walksofitaly.com/blog/all-around-italy/italian-piazzas)

We MUST SPEAK about Bitcoin, because this is the main economy section of bitcointalk.org, and NOT in the Altcoin section :D

YES. Maybe we should speak about MILK. It is a better standard. Or WATER. Or WHEAT. Or STEEL. Or OIL. But OIL maybe not our future more.
AND YES. Maybe better to speak about MIKL/WHEAT ticker. It is more better, I think. I speaking then about targets of our Vortexledger project.

BUT it is the main Economy section in bitcointalk.org. We speaking PIZZA/BITCOIN ticker here! Please...... :D

FYI..

don't forget this important PIZZA/BITCOIN ticker. PIZZA isn't papirmoney, as USD or EUR... ;D

That is actually a very nice way to depict the importance and worth of bitcoin. This world is full of pizza lovers and after learning how many pizza’s they can have with one bitcoin will definitely attract them to invest here. To be very honest, this is more interesting than the USD and EUR rates. An innovative way to present the best innovation of this century. With bitcoin we can buy everything we desire to.

The ticker was changed... Should we slowly choose i.e. pizza/seele ticker for a better rate? Or pizza/pledge?

Looking people who sell their bitcoin to buy pizza right now have frustrated and keep on their mind maybe if I not sell my bitcoin assets with pizza  I have been rich person right now, no one can prediction with become become higher price today although have down likely on 2017, maybe they will lost opportunity with bitcoin become on higher price and always give chance to get much profit with bitcoin and altcoin.

The ticker has changed only with a small amount since January... (today is the price: 1399 PIZZA/Bitcoin ...)

wait, 500 million in a period of 30-50 years is still too impossible or maybe not.
since the release in 2009 of a price of only a few $ and then rose to thousands it makes the analysis that it might happen, even for another 100 years if indeed people will continue to use bitcoin and crypto.

Translating bitcoins into pizza is a bit silly, because everyone lives in different countries, and pizza prices can fluctuate very much, even if we take standard pepperoni or margarita as a reference. Not to mention the fact that their content or weight may also vary.

But PIZZA is a STANDARD VALUE for us (32cm MARGARITA). It means ~the same at every countries, I think.
I try to compare Bitcoin to a STANDARD VALUE. Maybe MILK would be better :) , but PIZZA has already an event in the history of Bitcoin, so I compare it to PIZZA.

So Pizza is the standard value on you guys? when did it become ? I'm sure for western countries this is a thing but how about us for other the part? haha lol. But I agree pizza are being valued to bitcoin since there are old guys who used to compare it and the other just followed. Plus pizza is shaped like a pie ( pie chart ) should we call it the pizza chart then? I like the depiction of the price tho very clever and easy to remember  ;D

LOL. This idea is awesome, bitcoin per pizza is a great idea (or pizza per per bitcoin) it is actually a lot more than just a funny anecdote or whatever. This allows you to calculate both bitcoins increase but also it takes an average of what the buying power as well.

When you calculate it with dollars you are forgetting that there is an inflation and that equals to your dollar losing value over time and when your dollar loses value over time if bitcoin goes up it doesn't make any sense since it is definitely equaling the loss of value to gain of value of bitcoin. In the end when you calculate it with pizza it is a much better option and you see your power of buying and how it compares.

Right now, for fun, I went to a pizzeria in my city. 32 cm pizzas, as you indicated, are not offered in any of them, they offer sizes of 35.45 and 55 cm. There is already a difference, moreover, we are not talking about weight and filling (they may vary in size or quality of products) . Therefore, the evaluation of something in pizza, well, very much for an amateur.

:) Yes, I wrote, MILK would be - MAYBE - better... Please see above. Maybe you should say to your Pizzeria - 30-35 cm is the Bitcoin STANDARD size (selected by ifinta), they should for type - MARGARETA also offer pizzas in 30-35 cm size, if they would be listed in this thread ;) I list our Pizzeria, La Coma in the OP. We can extend the list - in every day, as is needs. ((I changed the size: 32 cm => 30 - 35 cm))

At the current price, I can easily get 1600-2000 pizzas (the average pizza here Coss around $5 and taking the average price of Bitcoin to be $10000) and hence I don't think it will take really long when we can get five figure pizza amounts in only one Bitcoin lol. Still wonder, someone paid 10000 bitcoins for 1 pizza. It equals to 20000000 pizza in today's price xD

Lol LMAO ??? this is true meehn, as times goes you will be able to buy up the whole Pizza in a Pizza store with Bitcoin lol.
The price is really going up and I’m just wondering what’s going to happen after the next Halving that will be taking place on May. The price has been increasing recently after a fall back to around $8,000 price rate.

Today the price has gone from $8,700 to over $9,100. I’m looking forward to further up movement from bitcoin. And then I can’t really wait for the month of May, I just can’t wait meehn, I hope that things happen for the better because know that there are people who are waiting for that as an opportunity to say some trash.

Why would you use pizza as a method of comparison?
Bitcoins is not a food coupon . There are more things that you can do with the help of bitcoins 🙄😂.
Yes maybe you are trying to explain the increasing prices indirectly using some fixed ratio between bitcoins and pizza , but price fluctuates in every place every county therefore it cannot be a standard method of comparison.
You could choose something more substantial like dollars which is fixed more or so and doesn't change that much over time

I don't want to use dollar or gold, or similar traditional payment base. It exists many ticker between bitcoin and dollar. I choose pizza, because pizza had some history in the early phase of bitcoin network. I think, it is an opportunity to speak about the need of a money. Bitcoin was the first decentralized money - without central-bank. A step to a new kind of economy - with private "moneys" or better with "tokenized things" as a base for payments. Or mixed.

Our economy at this time has billions of tickers. Tickers for conversion-rates for different currencies, tickers for company shares, ticker for different raw-materials. We living in a world of billions tickers.
I think it would be better, not to using money, but tickers - between different goods. We have for a such reason a good IT infrastructure already.

i.e. Someone has some tokenized Milk on a payment card. She / he going to a pizzeria and buying some pizzas with some Milk-token.

Of course it is a need to have a standardized and well regulated process to tokenize something, but I study at this time this possible new kind of economy, and we started a project to solve this problem later.
A possible form to solve problems for a such economy is an open ledger - as we name it in our project - the Vortexledger (https://bitcointalk.org/index.php?topic=5126454). We have some plans, and we study the best ledgers on the market, as i.e. Bitcoin. We chose OByte (https://bitcointalk.org/index.php?topic=1608859.0) Ledger at this time to experience with an asset and smart contracts in our project: Charm (https://bitcointalk.org/index.php?topic=4392525.0) . We are a small development team, we should update our earlier posts, pages also, we have very constrained liquid resources at this time, but we are before a release.

A new place was listed - the BB in the whole WORLD! Just taste it!
Dorothy checked it also. Oz visited it also, and Anonymvs here a daily guest. Just to know.

I wonder how long pizza last.
People could start hoarding pizzas and they rot away without good preservation. And hoarding could cause the price of pizza to go up.
Things like this would work well with foods that are healthy and abundant in supply. Food that anyone could easily produce. Producer would just safely dehydrate/dry them without losing the nutrients, make them a little more attractive or tasty, then store somewhere safe and gradually begin to sell the excess. The foods should be able to last very long.

The market has been quite unstable recently and a lot of people are being discouraged and I have also seen a lot of bad news. The media is fond of fueling every bad event that takes place in the Bitcoin community and they just start adding extra bad news and things that would discourage a lot of investors.

The price of Bitcoin went from $4k to over $13k and they never rushed to say anything good about Bitcoin, they kept mute, but just this little fall back in price and they have started spreading news that would discourage more investors and cause Bitcoin to keep falling. Funny set of people, they will soon be shamed when Bitcoin starts to climb to a very high price.

Pizza? With pizza hoarding not possible... It is good, I think.
If you would like to do hoarding, please try to do it with basalt. It is much more better for hoarding. It holds its value :D

I hope - everybody buyed some Pizzas, Burgers last days, last weeks... You shouldn't to sell today your bitcoin, they has today a terrible price :D Bitcoins should be hold strong at this time! But tomorrow maybe... Or a week or month later... Yes, we will get hope AGAIN. SURE :) As always......

Today one of the most popular thing today is the bitcoin this coin is created for making more life efficient faster because from the physical money they now created the money through digital currency and now many people see the potential of this coin to make investment and earn a lot of income in the future. Before the bitcoin was ignored and only a few people see the potential of it. Now it is the most profitable coin among the gold and other currency before some of the people making payment on the pizza just a lot of bitcoin. But today with the use of the bitcoin we can now buy a lot of pizza as many as you want because just simple coin only 1 bitcoin you can now have 8k dollars that you can buy kind of pizza you want.

FYI

sorry, I don't updated my browser :D

I hope so. The price has been going up and is almost at $9,000! Earlier this year when the pandemic started and the price dropped, some haters started throwing some of their hate comments around and saying that cryptocurrency is a scam lol. I know that they will all feel disappointed this time around, but these dumb people never learn a lesson.

A time will come when we will be able to make a purchase of 25,000 pizzas with Bitcoin, it’s going to happen, though it might take some time. I am the one of hard core believer who speculate about bitcoin to reach even 100 million dollars in next 2 or 3 decades of time. So, I am not seeing any difficulty for bitcoins to reach a level to buy 25k pizzas for one bitcoins.

Bitcoin never even dropped below $5200 during the covid-19 problem. If we can remember, it was on a correction moment down before it was caught in the situation. Bitcoin is now strong at about $9,000. The increase of bitcoin at this hard times is a sign that it will keep going higher after this problem of covid-19 is over.

I know, for somebody this is a bad joke but this happens when there is no believe in the future. At current price i believe there is open the possibility to buy a pizza shop, or have my own italian pizza chef, that would be nice.

Hate comments, FUD, and all other spam topics can be seen when crypto market is going down. Bigger drops just means more FUD, from topics that bitcoin goes to zero, to threads about how bitcoin is ponzi... I always thought that people who do that are paid for that, no other explanation for their hate comments. Mostly those are new accounts made just with that purpose, to open few FUD topics and they disappear after that.
We shouldn't be bothered by that, bitcoin always recover, and show to everyone how strong really is. And because its strong and keeps growing I believe we will be able to buy a lot of pizzas and Coca-Colas for just 1 btc, look how many we can buy now with that single coin, tomorrow it will be just more.

An update :)

Well, getting a 2497 pizzas (lots of tummy are needed to finsih this amount lol) is lesser than ATH's 3300 but still it we can consider it a good sign. Let's be glad that the price of btc continue to rise as time goes by. What a lively moment! So I think it would be a little bit harsh for emphasizing the word "only" ;D.

Oh! By the way, i love the dedication you show on how you update your thread hehe.

Many THANKs ;)

I think, I should wait a "little" before I make the next update. I can't update the price MORE real-time :D Sorry :D

https://i.imgur.com/ObWNqlp.png

(( I think, the 24h VOL (=usage) changed MUCH MORE, as the price ... (!?) ))

Today's price ONLY (!!!!) ~10000 pizza / Bitcoin... (( since LONG time, I don't had time for this 'No' Money ticker... sorry ;D  We have an IEO just now - see in my signature below!!!! Please, support US! ;) ))

The all time high ~10000 pizza / Bitcoin (JUST in this days - April 2021).
The all time low 1/25000 pizza / Bitcoin ( I don't know the Date - please post it, many thanks :) )

My all time low was 0.4 pizza / Bitcoin in November 2011 (You can post YOUR all time high and low for a PIZZA agains Bitcoin :) Many thanks for posts...)

All time highest estimation for our 'No' Ticker for BITCOIN is ~166667 PIZZA / Bitcoin

Pizzerias ( offering MARGARITA 30-35 cm pizza as STANDARD pizza ((not for bitcoin, but You should HAVE debit card's... Or? ;D / Bitcoin ticker pizzas - which was well tested by me ;D ):

La'Coma (Hungary, Dunakeszi): https://lacoma.hu/etlap/kategoria/pizzak-es-feltetek (https://lacoma.hu/etlap/kategoria/pizzak-es-feltetek)
Toto' ((Toto' Sapori - in the Gasometer! Top service!!!!)) (Vienna): https://www.totosapori.at/colofon (https://www.totosapori.at/colofon)
Pizza Mamma (Hungary, Dunakeszi): http://pizzamamma.hu/ (http://pizzamamma.hu/)

Not a Pizza, but some goods, meal, what I like to eat - in Dunakeszi of course - and a ratio between Pizza and Element...

Hungary (Dunakeszi): The BEST Burger in the EU, maybe also the BEST in the whole World!!! (https://www.facebook.com/lazaburger/posts/854314065085800) ~ 1:1

Yes. The price changed a "little"...

Is it better to invest in pizza than bitcoin from 2021?  ???

I decided to invest in Pizza tomorrow ;D Please check https://twitter.com/ifinta66/status/1793015127790215647

Only 6500 pizzas per Bitcoin in this days.

Check our first post also!