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Chachacoin17
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October 02, 2017, 04:00:53 PM |
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...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.
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. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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omerchip
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October 02, 2017, 04:05:34 PM |
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Yes you wrote a good writing.Everyone want to be here when million dollars pizza sold but we cant.we should look to the future.Every new coin excites me
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Pettuh4
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October 02, 2017, 04:08:06 PM |
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he didnt sacrifice anything..
he could have spent 10k btc on the btc and bought 10k btc again in the next minute
doesnt make any difference..
life goes on
Certainly, they all contributed their qota to the historical snakes of Bitcoin and they are responsible for its advancement and rich history of Bitcoin. Had he not spent that much bitcoins maybe future generations wouldn't even believe the history of Bitcoin sockets consider all as one package. |
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hich_ang
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Activity: 42
Merit: 0
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October 02, 2017, 04:12:23 PM |
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I think he's thinking he's idiot now  No one wants to be millionaire by spending millions of dollars on 1 Pizza. I wouldn't appreciate to be in his place. |
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stompix
Legendary
Offline
Activity: 2884
Merit: 6310
Blackjack.fun
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October 02, 2017, 04:48:31 PM |
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I think he's thinking he's idiot now 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. 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. |
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BitWhale
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October 02, 2017, 04:58:54 PM |
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I often think about the early adopters, the first bitcoin miners etc.
Not many of them actually held their coins until today, and the vast majority had to sell at least some coins to cover the electricity cost of running the miners themselves. As things progress so does your opinion of them.
Think about when bitcoin was $5 a piece... if you were mining you were happy with the profit you just received, after all, all you had to do was mine for it. Not many miners just sat there and stacked coins with anticipation that it'd be so highly priced today.
In that sense, it's not all that crazy to spend 10k btc on a pizza, it's only in hindsight that it "sounds" insane, but in reality, it was a fair priced trade for the time.
The same argument could be made if bitcoin really does go to 100k in the future... alll of the people selling right now because they are happy with their profits... it looks great right now, but wouldn't look so great in the future.
The opposite could be said as well, what if bitcoin goes ot $500 in the future... yet you are holding until the moon...
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Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
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October 02, 2017, 05:15:13 PM |
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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.  |
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pginvest
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October 02, 2017, 05:21:43 PM |
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I would have loved to have had a slice of that pizza, just for bragging rights. But seriously it was probably a fair enough deal at the time. Who is to know that people will not laugh at us in a few years time at the though of us paying, I don't know say 20 BTC for a Tesla (This being when BTC might be worth $500K a piece).
Just a theoretical scenario a $5Million Tesla
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Am I spamming? Report me!
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Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
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October 02, 2017, 05:23:31 PM |
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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.
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BeerPanda
Newbie
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Activity: 42
Merit: 0
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October 19, 2017, 01:19:30 PM |
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So crazy. I think now he regrets so much (( btw there are a lot of people who have done somethong like that
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eann014
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October 19, 2017, 02:01:25 PM |
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I don't think if such person thinks about himself as hero because he didn't know that Bitcoin is going to be worth so much money in the future. It wouldn't be nice to talk to him and ask how does he feel about it. Would he be mad because he could have a fortune now? Or would he turn it into a joke? Also I think that he wasn't the only person who spent Bitcoin somehow.
Yeah I guess he don't like what he did if he will just back the time, maybe he will don't buy that pizza with that worth. So expensive. LOL As like what you've said maybe he is not the only one who buy their bitcoin in other things and regret today that why they just buy that, if they only knew that bitcoin price will get this high amount. I've also buy my bitcoin last year and now I am also regretting, but that is already past and we don't have any chance to come back that moment. |
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Chrisdstar
Member
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Activity: 106
Merit: 10
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October 19, 2017, 02:03:54 PM |
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He couldn't look into the future.
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coxpon
Newbie
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Merit: 0
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October 19, 2017, 02:08:36 PM |
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paolo099
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October 19, 2017, 02:13:31 PM |
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I think he's thinking he's idiot now 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. 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.. |
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Bonanzacoin (OP)
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October 19, 2017, 07:45:30 PM |
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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! |
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jal007
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October 19, 2017, 08:00:32 PM |
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yap, this kind of personne deserve to get a gold Crown
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jak3
Legendary
Offline
Activity: 1274
Merit: 1004
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October 19, 2017, 08:15:08 PM |
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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.
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leex1528
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October 19, 2017, 08:28:48 PM |
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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....
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Aikidoka
Sr. Member
Offline
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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October 19, 2017, 09:36:36 PM |
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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.
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Bonanzacoin (OP)
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October 19, 2017, 09:38:51 PM |
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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... |
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