Bitcoin Forum

Bitcoin Pizzza Day

At bitcoin’s all-time high last December, the pizzas would have been worth an eye-watering $11.47m, making them likely candidates for the most expensive pizzas of all time.

Now widely recognised as the first real-world transaction with bitcoin, May 22nd has come to celebrate 'Bitcoin Pizza Day', with cryptocurrency enthusiasts raising a slice to Hanyecz’s infamous hunger pangs that paved the way for early merchant adoption.


................Then and now..............

"It wasn’t like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," Hanyecz told Nick Bilton in a recent interview with The New York Times. "No one knew it was going to get so big."

Yet, the picture today is vastly different. Worldwide, there are more than 70,000 merchants accepting the young currency, with block chain transactions now averaging over 57,000 per day.

Who bought a pizza at this prices must regret it now

Maybe he regrets, but at that time, the attitude towards bitcoin was something else and earn them was much easier. This case after a spike of bitcoin prices sparked a gold rush and in many ways we now get dividends. We should all be grateful to this occasion.

The person who paid 10,000 Bitcoins to buy 2 pizza in year 2012 would be so rich today if he stored all his bitcoins well, I think that is the most expensive pizzas in the world now, I wonder if it should be recorded in the Guinness world record for being the most expensive pizza in history.

I don't think people have to regret about such transactions. BTC change hands all the time and demand make its price. You can still find some old posts on different forums where people regret about selling bitcoin for 10$ because at the time those posts were made BTC was around 16$. 
Pretty sure that if this guy saved his coins he would have already spent most of it.

Nah! Those kinds of transactions is something that someone will regret for. I mean, if you look at the time when he bought that pizza, it would seem that it is a fair trade but after that and now that we know what bitcoin is worth, kinda make you feel regretful right? Had he save those bitcoin, he could've ended up a millionaire by now.

At the time, I bet many people here still do not know about bitcoin, then, I'm just a kid, I do not know anything about virtual currency, we can see this is a big holiday Bitcoin has grown tremendously over the last 12 years. A really great coin.

The lesson is:  treat Bitcoin like a speculative gambling token, ignoring any of the properties which could actually be used to buy goods and services, in the desperate hope that you'll someday be rich.

Or at least that's what most people seem to think when they see articles about Bitcoin Pizza.

At least Laszlo himself has the right attitude about this.

Please stop reminding us! It makes me feel bad that I only learned of this whole cryptocurrency thing last quarter of 2016.

Now I can just only hope to buy a whole bitcoin in one go. The price is just too high now. I'm just thinking that hopefully I'll do better than those who are yet to know about this.

Yeah people must have been very proud about it at that time. Then the pizza was not worth but something cool and that has just arrived in the market and adopting it was the cool attitude. Whoever gets something new at first was heroic back then. Now it's not so cool because we need to work hell hard for it and though the price is spiking it's not big deal but it's hard time to get more bitcoins at low or the pizza may be.

That's all I can ever think of when someone brings up pizza and bitcoin in the same sentence.
However,  perhaps I will indulge in some pizza over the weekend just to keep
the spirit alive. But I won't be paying for it with bitcoin.  Why spend something that
precious for something that's going to end up in the toilet anyway?
Plus there's no pizzeria that accepts btc near me, so I couldn't do it even if I wanted to.
Oh the irony...

It is for this fact that I will not ever use Bitcoin to buy a pizza. I do not want to be remembered as having bought the 2nd most expensive pizza if BTC really goes up lol.

but I am sure there are already a few others out there who have bought it with BTC before me. Oh well!

I wonder what is the story of a man that bring(sold) pizza to him? What profit did that man made? Or maybe he is regretting too for did some similar transaction back in the days  :)

Yes but you hould always make transactions to give value to bitcoin. If everyone just saved everything from the very begining bitcoin would probably worth nothing. Someone had to buy that pizza for a high price. Everyone who sold his bitcoins a couple years ago probably regret about it but anyway someone have to buy and sell it all the time.

Surely that person will be very sorry at this time. Can you imagine if 10000 BTC he has. Still exist today. I think he will be one of the richest people in the world. It really is the most expensive pizza at the moment. This will be a lesson for me. In order to avoid a second history. I think this is an event that really makes me want to laugh and want to cry. This is a very interesting fact that I have heard. But I think everyone has a bad experience in the past. And I think regret will come last. Just try to know the future bitcoin of course he will menyimpanya until now. Indeed I think some people will not think. Will rise very high bitcoin prices

I love the idea of Bitcoin Pizza Day!  ;D

That was a time everyone wishes to go back to. But today would be like that time 3 to 5 years from now when bitcoin would hit the hundred thousand dollars figure. There were regrets before most probably as "No one knew it (bitcoin) was going to get so big." Well, not anymore, right now. Bitcoin is big and will get bigger. Everyone seems to know already.

I just wish that I'm able to buy pizza with bitcoins here, tho I can go to a restaurant where bitcoin is accepted, pretty sure they can arrange some pizza there so I'll be able to honor the pizza say next year. :'D

btw what do you think what happened with those bitcoins that pizza was bought with? Did they keep it or did they exchange them for usd?

Most likely the person bought for Bitcoin a pizza already at the delivery carrier, They at the dealer of a pizza. The fact is that at that time not one institution could not sell pizza for such currency. And the legend says exactly that the guy offered to buy him and deliver for a determined amount of Bitcoin pizza. So I think that they have gone to their destination so far.

I heared some rumor tell him still hold Bitcoin until to 2013 when the price reach high than $1000. When he know he have Bitcoin in his wallet, he had sold out all Bitcoin and become to millionaire dollar just by 2 pizza ;D