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Author Topic: The 10.000 btc pizza...  (Read 1352 times)
wolfracer
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October 22, 2017, 07:13:05 PM
 #61

Actually, I don't think he has anything to regret (or maybe he already committed suicide) they built the community today. If we make a comparison, we were able to buy bitcoin a long time ago at a ridiculous price but instead we probably buy a pizza in fiat, a cell phone or just something anything else. We do not allocate those amounts to buy btc taking advantage of its low price and destined as an investment, which would be the equivalent of a fortune nowadays in bitcoin.

wenjun123
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October 26, 2017, 03:03:43 PM
 #62

I think that this guy with pizza is not the only one who spent bitcoins in their early stages of development. And it seems to me that these people gave a significant impetus to the development and distribution of bitcoin precisely as a currency, and not as an investment. They, it may be said, tested the work of the crypto currency experimentally and strengthened its position. They succeeded, and we must thank them to them Smiley

Xester
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October 26, 2017, 03:08:28 PM
 #63

...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.

I heard this story before it was in the beginning when bitcoin was merely launched.  So at that time, having buying pizza in that amount of bitcoin seems to value like billion also.  Especially if that bitcoin is from the first time bitcoin was launched maybe he bought it for just one dollar and yet he was able to buy a box of pizza worth 10$.
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October 26, 2017, 03:20:49 PM
 #64

This story is by far one of the biggest legends in bitcoin. Now we see it as bitcoins current value  I hope both have done well out of bitcoin. If anything it showed proof of concept.

HabBear
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October 26, 2017, 03:25:38 PM
 #65

For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.

It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.
Mister1k
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October 26, 2017, 03:33:11 PM
 #66

For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.

It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.

Since we know this information already why this has been created to explain the same information about pizza news.
Is the pizza news will not be back at all.
We will find the bitcoin price will be grown every time dude. Same scratch value will not be return in the price chart.
I hope we do not need this discussion more and op can close thread before it goes to multiple pages.
HabBear
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October 26, 2017, 03:52:17 PM
 #67

What are you saying? Seriously, it's a bit hard to follow your writing.

Several people on this thread mention something to the effect of "oh, I've heard of this story..."

My reply shares with them the actual story, rather than them having to remember some rumor they heard from a friend. There are so many new people on this forum lately (due to bitcoin awareness growth) that it's absolutely appropriate to introduce the new folks to the classic tale that unfold on this forum 7 years ago.

For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.

It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.

Since we know this information already why this has been created to explain the same information about pizza news.
Is the pizza news will not be back at all.
We will find the bitcoin price will be grown every time dude. Same scratch value will not be return in the price chart.
I hope we do not need this discussion more and op can close thread before it goes to multiple pages.
thenameisjay
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October 26, 2017, 04:00:02 PM
 #68

For anyone interested in reading the original thread where the guy asked to buy 2 pizzas for 10,000BTC, you'll find it HERE.

It's great to know that these historical stories unfolded on this very forum. To the Newbies, this forum is the center of the Bitcoin world.

Thanks to these people, and I bet multiple people have done this, they skwed the bitcoin price so much to make it an investable commodity. Thanks to these pizza living people that we get to enjoy passive income through the growth of bitcoins. Theubtruly deserve their names be etched on the history books of bitcoin.

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lucifochrome
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October 26, 2017, 04:06:55 PM
 #69

it is what you have said, If there is no one that utilized bitcoin back then it will not go from 0 to 6K. No one can truly say what is in store for us in the future but for these people that had faith in crypto currency back then i think it is just for the faster transaction, and if we don't use it then there will be no transaction and in every transaction there is the miner that processed that information, every information that was processed gets rewarded with bitcoin, every bitcoin that was rewarded was deducted from the pool and in to the circulation and in every reward the supply slowly depletes, hence the rise of the price as the demand goes higher.
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October 26, 2017, 05:35:51 PM
 #70

That pizza guy is probably a billionaire right now if he only stored his bitcoins. What could possibly be his money if he just store his bitcoins up to this point.

 
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G2z_Riya
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October 26, 2017, 05:39:39 PM
 #71

The person who bought the pizza as well the delivery person could have never thought that this could grow to such an extent. Now if he had those in his wallet he would be a billionaire as well he could have got some control hands to manipulate the market.
hacker1001101001
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October 26, 2017, 05:43:46 PM
 #72

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.
Yes, most of the early users of bitcoin did not accepted that bitcoins price will reach $6000 in future as it was not so famous in at the start. They spent btc as they though its just a new technology to earn and spend money nothing more but now the same bitcoin has become a golbal attraction and peopel try to earn more and more of it.
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