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Author Topic: Pizza for bitcoins?  (Read 514381 times)
Zz
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November 29, 2015, 02:03:21 PM
 #1401

I think that in the future we will all have those kind of stories where the bitcoin price will be very high and you will look at your bitcoin purchases and discover you bought overpriced stuff.

But they aren't going to be first Bitcoin purchase. Lazslo made big achievement here for both for him and for Bitcoin. We should be appreciated, that he showed us Bitcoin acceptance for real-life goods.

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EdenHazard
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November 30, 2015, 06:48:45 AM
 #1402

I think that in the future we will all have those kind of stories where the bitcoin price will be very high and you will look at your bitcoin purchases and discover you bought overpriced stuff.

But they aren't going to be first Bitcoin purchase. Lazslo made big achievement here for both for him and for Bitcoin. We should be appreciated, that he showed us Bitcoin acceptance for real-life goods.

And he is crazy one, one of many people that keeping trust in bitcoin. Its proven by he bought 10,000 bitcoin when the price almost nothing.
We can take a lesson from this story.

kingaltcoins
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November 30, 2015, 12:03:09 PM
 #1403

No. It's absolutely impossible to buy pizza for bitcoins because Bitcoin is exclusively volatile.

Suppose, I buy a pizza today @ 0.05BTC at the current rate and suppose the rate of BTC/USD rose to a much higher level than the current threshold (say, $650/BTC), then the cost price of that pizza I ate today would be much higher if I want to eat it tomorrow. This will result in people not buying any pizzas until the BTC price goes down. Certainly the owner will sell those stale pizzas for 2-3 more days.

So, Bitcoin payments are still not applicable to foods and other everyday items, until it's price stabilizes with the market.

Hope that clears the confusion.
LoyceV
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hi


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November 30, 2015, 08:11:37 PM
 #1404

Suppose, I buy a pizza sell today @ 0.05BTC at the current rate and suppose the rate of BTC/USD rose to a much higher level than the current threshold (say, $650/BTC), then the cost price of that pizza I ate bitcoin I sold today would be much higher if I want to eat sell it tomorrow. This will result in people not buying any pizzas selling any bitcoin until the BTC price goes down.
You see where you go wrong? Guess you also haven't bought a computer or phone ever, since you get much more value for money next year...

 

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kingaltcoins
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November 30, 2015, 08:20:15 PM
 #1405

Suppose, I buy a pizza sell today @ 0.05BTC at the current rate and suppose the rate of BTC/USD rose to a much higher level than the current threshold (say, $650/BTC), then the cost price of that pizza I ate bitcoin I sold today would be much higher if I want to eat sell it tomorrow. This will result in people not buying any pizzas selling any bitcoin until the BTC price goes down.
You see where you go wrong? Guess you also haven't bought a computer or phone ever, since you get much more value for money next year...

Yet people will not likely buy and sell their bitcoins more often as per as Bitcoin's volatility is taken into account. Everyone won't have that same mindset to that of an amateur trader. Wink They might just skip that day's hangout!
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December 01, 2015, 04:09:19 AM
 #1406

Amazing when you realize that I couldn't even afford a slice if I had thrown in all my bitcoins.. Basically my Bitcoin holdings are "delivery tip"
trinaldao
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December 01, 2015, 04:16:55 AM
 #1407

last night im watching the rise and rise of bitcoin
after watch this movie,  bitcoin Is something spesial to me,

I say with myself, Im very stupid , why im not learning Bitcoin in 2009
and try to be seller, sell  1pizza with 10.0000 BTC  Cheesy

if im do it today Im The richman  Cheesy

ThePlan
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December 01, 2015, 05:57:21 AM
 #1408

I think it's pretty cool to be world-famous for having bought a pizza.
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December 01, 2015, 09:42:13 AM
 #1409

Wow, I'd always heard about this but never knew it happened here or that the thread was still around, whatever happened to this guy Lazlo? Is he still here, did he hold on to a stash of bitcoins?
tennozer
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December 03, 2015, 01:43:46 AM
 #1410

I think it's pretty cool to be world-famous for having bought a pizza.

It's better to say Bitcoin-world-famous. Smiley

Wow, I'd always heard about this but never knew it happened here or that the thread was still around, whatever happened to this guy Lazlo? Is he still here, did he hold on to a stash of bitcoins?

He spent all his mined coins and now he doesn't hold any. (Except donated coins in this thread)

poplolnman
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December 03, 2015, 03:22:41 AM
 #1411

last night im watching the rise and rise of bitcoin
after watch this movie,  bitcoin Is something spesial to me,

I say with myself, Im very stupid , why im not learning Bitcoin in 2009
and try to be seller, sell  1pizza with 10.0000 BTC  Cheesy

if im do it today Im The richman  Cheesy

who knows bitcoin will be the next big thing at that moment in 2009, many people doubt bitcoin will survive and continue growing, so if you there in 2009 i doubt you want sell 1 pizza for 10,000 bitcoin. one thing that we can learn from lord laszlo are he try to convince and spread bitcoin to everyone through this trade.

trinaldao
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December 03, 2015, 03:28:47 AM
 #1412

last night im watching the rise and rise of bitcoin
after watch this movie,  bitcoin Is something spesial to me,

I say with myself, Im very stupid , why im not learning Bitcoin in 2009
and try to be seller, sell  1pizza with 10.0000 BTC  Cheesy

if im do it today Im The richman  Cheesy

who knows bitcoin will be the next big thing at that moment in 2009, many people doubt bitcoin will survive and continue growing, so if you there in 2009 i doubt you want sell 1 pizza for 10,000 bitcoin. one thing that we can learn from lord laszlo are he try to convince and spread bitcoin to everyone through this trade.

yes we never know about future, i doubt too in that moment i want to sell 1pizza= 10.000bitcoin but im sure i will sell 1pizza = 5.000bitcoin because i like everything new technology.
in 2010 im earning some $ at PTC but im never heard about bitcoin,


WizKhalifa
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December 11, 2015, 01:07:07 PM
 #1413


 We always look on the buyer side and say 10.000 for pizza is expensive but how about the guy who SOLD 2 pizza for 10k bitcoins  Grin Do we know who he is (didn't read the whole thread) and what did he do with the money? Kept it until they worth something eventually?
sildyas
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December 12, 2015, 12:06:40 PM
 #1414

last night im watching the rise and rise of bitcoin
after watch this movie,  bitcoin Is something spesial to me,

I say with myself, Im very stupid , why im not learning Bitcoin in 2009
and try to be seller, sell  1pizza with 10.0000 BTC  Cheesy

if im do it today Im The richman  Cheesy

who knows bitcoin will be the next big thing at that moment in 2009, many people doubt bitcoin will survive and continue growing, so if you there in 2009 i doubt you want sell 1 pizza for 10,000 bitcoin. one thing that we can learn from lord laszlo are he try to convince and spread bitcoin to everyone through this trade.

The people who invested in bitcoin are rewarded. I think we are also pioneers in the bitcoin world. We will be rewarded in the next few decades.
uniton
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December 15, 2015, 09:45:11 AM
 #1415

last night im watching the rise and rise of bitcoin
after watch this movie,  bitcoin Is something spesial to me,

I say with myself, Im very stupid , why im not learning Bitcoin in 2009
and try to be seller, sell  1pizza with 10.0000 BTC  Cheesy

if im do it today Im The richman  Cheesy

who knows bitcoin will be the next big thing at that moment in 2009, many people doubt bitcoin will survive and continue growing, so if you there in 2009 i doubt you want sell 1 pizza for 10,000 bitcoin. one thing that we can learn from lord laszlo are he try to convince and spread bitcoin to everyone through this trade.

yes we never know about future, i doubt too in that moment i want to sell 1pizza= 10.000bitcoin but im sure i will sell 1pizza = 5.000bitcoin because i like everything new technology.
in 2010 im earning some $ at PTC but im never heard about bitcoin,


we cant going to the past, but maybe in future,someday we would regret that we're bought smartphone with 1 bitcoin,which is 1 bitcoin you could get a new car in future

Rizky Aditya
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December 15, 2015, 07:41:10 PM
 #1416

Ok ill send you the pizza, what is your address, I will deliver as you are overpaying by a lot.

Parazyd
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December 15, 2015, 11:52:39 PM
 #1417

last night im watching the rise and rise of bitcoin
after watch this movie,  bitcoin Is something spesial to me,

I say with myself, Im very stupid , why im not learning Bitcoin in 2009
and try to be seller, sell  1pizza with 10.0000 BTC  Cheesy

if im do it today Im The richman  Cheesy

who knows bitcoin will be the next big thing at that moment in 2009, many people doubt bitcoin will survive and continue growing, so if you there in 2009 i doubt you want sell 1 pizza for 10,000 bitcoin. one thing that we can learn from lord laszlo are he try to convince and spread bitcoin to everyone through this trade.

yes we never know about future, i doubt too in that moment i want to sell 1pizza= 10.000bitcoin but im sure i will sell 1pizza = 5.000bitcoin because i like everything new technology.
in 2010 im earning some $ at PTC but im never heard about bitcoin,


we cant going to the past, but maybe in future,someday we would regret that we're bought smartphone with 1 bitcoin,which is 1 bitcoin you could get a new car in future

Live in the moment. You are doing a great thing buying things with Bitcoin. Do not ever regret it.
If you think you will be able to get a car with BTC in the future, why don't buy some coins now? Wink
Sturgeon
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December 16, 2015, 03:14:43 AM
 #1418



Laszlo Hanyecz purchased the so-called Bitcoin Pizza on 22 May 2010.

i will buying pizza if i have 10.000 bitcoin too  Cheesy Cheesy Cheesy


"The economy depends about as much on economists as the weather does on weather forecasters"  Jean-Paul Kauffmann
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icezer0z
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December 16, 2015, 03:17:34 AM
 #1419

Amazing! this is the first I have read this historical post!

ChexChip

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December 18, 2015, 01:54:59 PM
 #1420

Amazing! this is the first I have read this historical post!

Great post, i'm gonna follow this on my watchlist.

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