The 10.000 btc pizza...

[mazzaneo]

He might have paid the $20 and saved a few of those BTC's had he predicted the value was going to go where it was going to go. What you must realise is that at the time it probably wasnt a bad deal, he probably got the pizza for close to free.

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[drm]

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.

Obviously he wouldn't have done it if he knew what would happen to the btc price.
Might be hard to believe for some, but he is actually quite ok with it now.

[pushups44]

At the time, it was impossible to tell the direction of bitcoin, since it was in its infancy and hardly anyone knew what it was. Hopefully the guy who made this famous transaction saved a few along the way. While it was excusable at the time, he was given many more chances to hop on the train.

[XbladeX]

...guy is a hero in Bitcoin really.***

wiethout such peope Bitcoin will be PICE OF SHIET peope need to use BTC to give it value.
If you just hold BTC you actualy hurt it this is not how it should work we need economic activity bihind that BTC.
We should thank all 10 000 BTC pizza people for giving it value more than miners.

[ohhhhi]

Over time this piece of bitcoin lore will be the most commonly referenced I think

[whoisyourking]

...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.

That guy is not a hero he actually pay pizza for the right price that time. bitcoin that time is just a waste of time he is actually  lucky because pizza shop accepted his bitcoin without knowing the value of bitcoin that time. If i am that guy i will also change my bitcoin for a pizza to be able to fill my hunger.

[mostkey]

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. 

this man deserves to be praised, for it is the blessing of the many changes that dominate the method of bitcoin payments in the culinary field, and the many changes that guide bitcoin holders to early success, as they arise in social media, and make bitcoin users more and more forthcoming, for that. this guy should be noted in the history books bitcoin,

[mrcash02]

I'm not sure if these people spending Bitcoin on early days made possible our currently reality. Most Bitcoin enthusiasts weren't and aren't buying Bitcoins to order food, buy stuff, they are doing this to grow their money holding Bitcoins. People just need to start selling all their Bitcoins to dump the price to the ground.

[Aba]

if he knows the price of bitcoin in the future will rise, he will be one of the rich too. this story becomes a lesson for me how bitcoin can change a person

[smartJEV]

if he knows the price of bitcoin in the future will rise, he will be one of the rich too. this story becomes a lesson for me how bitcoin can change a person

But he is famous now Anyway hope the pizza was good

[Feri577]

You know what, people really understand what bitcoin is: a currency.
People who are surprised by such expenses do not understand what bitcoin is, they consider bitcoin as an investment that should make them rich in bitcoin if you think so.
of course we all know that bitcoin is on the rise and we all take the big advantage but if everyone sees bitcoin just as an investment to make a profit, bigger I am sure there are still many advantages Bitcoin increases because this is currency not because it is investment ..

[Jating]

You know what, people really understand what bitcoin is: a currency.
People who are surprised by such expenses do not understand what bitcoin is, they consider bitcoin as an investment that should make them rich in bitcoin if you think so.
of course we all know that bitcoin is on the rise and we all take the big advantage but if everyone sees bitcoin just as an investment to make a profit, bigger I am sure there are still many advantages Bitcoin increases because this is currency not because it is investment ..

At that time no one could predict has bitcoin would evolved. And he did the right thing, he used bitcoin as payment method to bought his favorite pizza. No one can question his decision on that. Yes, bitcoin has already surging however, his action wasn't wrong. And I don't know if he still made sudden appearance here, But I know the guy is now Legendary and maybe his action really push bitcoin one step further to what we are enjoying today.

[xbl1008]

This is a lesson for us all for taking investment that you gonna trust where your money is or could i say where you invest your money in, back there I also doubt bitcoin because digital goods back there such pc and smart phones are really expensive but i got high hopes for bitcoin so i earned really big now for keeping a small quantity but i really regret not getting so much back there if I only knew that bitcoin price will explode this big I should sell my car and but as many bitcoins back in the days..

[fishbonez11]

Mind blowing to read the title of this thread, an overpriced pizza I thought! But since it's about the guy who bought pizza using bitcoin... First, it is not actually a billion dollars worth pizza. Not billion dollars because bitcoin at that time have much lower market value compared to what we have today. Though admittedly, what that guy did really upped the bitcoin price (thank to him), many others also did the same by choosing to pay for their food or transactions using bitcoin (thanks to them). I believe they did not regret their decision at that time.

[alexanderisora]

That guy will not be happier if he had all those billions of $ today. THey will just disappear, there is nothing to be envy to.
The goal is to learn how to invest money smart. A good skill in investing will lead you to wealth anyway, even if you have $1 in your pocket.

[raymart0720]

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.

Hahahahhaha agree..
No one knows back then that bitcoin will what it will as of now.
I think the best word describe is he became a big part of bitcoins growth and he plays a big role as of bitcoins current state right now ... right.
But I think before they spend it they will exchange it to fiat and not make payments through bitcoins back then

[8270thNinja]

He is not , He just used bitcoin as is. AS A CURRENCY. Maybe we can also call him even the people who spent bitcoin as a currency as a MODEL a living MODEL that everyone should follow. Honestly . Almost everyone sees bitcoin as an investment platform ( which is okay) but Holding it for a long time without even spending it is really wrong  and if everyone will do this, sooner or later bitcoin will be just vanished.

[iamTom123]

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.

It is unfortunate that humans generally do not have the gift of perfectly predicting the future (maybe we have to exempt those few people who have the gift of seeing the future just like Nostradamus). During the time when those boxes of pizzas were bought the main purpose of the transaction is to show that Bitcoin can be utilized as a currency and the story became so famous all because everybody is thinking what if the Bitcoin were just kept how much would it be now...?

I am sure that the one who was buying the pizza back then would just be laughing if asked how he is feeling right now that Bitcoin has already surpassed the $5,000 level. And we are seeing here one of the facets of Bitcoin and there are actually more stories to this one. In fact, maybe 10 years from now, there would be people who might be wondering why people in 2017 let go of their Bitcoin at the $5,500 level because who knows the value can be over a million at that time.

Wanna buy some pizzazz, anyone?

[stompix]

I'm not sure if these people spending Bitcoin on early days made possible our currently reality. Most Bitcoin enthusiasts weren't and aren't buying Bitcoins to order food, buy stuff, they are doing this to grow their money holding Bitcoins.

Really?
What are you talking about?
It was during that period when the bases for what is now the bitcoin environment where set.

Nobody was that keen on hoarding coins, Gavin was giving away 1 btc in a faucet, and that is 1 per user , in total more than 1k BTC:
https://bitcointalk.org/index.php?topic=183

Right now, if you try to encourage payments with bitcoins there are a lot of fools who will label you stupid (see this thread) without realizing that without commerce and exchange there is no bitcoin price.

[tigermonkey]

He will be rich now if he did not order that pizza. Wondering if the boss of pizza store keeps the bitcoins...