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Author Topic: Upcoming 60 minutes segment on the Pizza guy  (Read 486 times)
Baofeng (OP)
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May 17, 2019, 12:11:45 PM
 #1

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

It will be 10 years from now, on May 22 that the Legendary Laszlo Hanyecz purchased Pizza worth 10K Bitcoins way back in 2009.

Quote
"That's $800 million," Cooper says. "You spent about $800 million on pizza?"

Hanyecz replies, "Well, if you look at today's exchange rate."

This interview would be aired on Sunday, May 19 at 7:00 p.m. ET/PT on CBS.

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May 17, 2019, 12:23:02 PM
 #2

"Meet the man who spent millions worth of bitcoin on pizza"
"You spent about $800 million on pizza?"

I just hate those clickbait headlines lmao. As if the BTC that was paid was even close to worth that much in the past.

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May 17, 2019, 12:30:13 PM
Merited by pawanjain (1)
 #3

You can just look at headlines like that and understand a lot about the News Media. The fact that they word Laszlo's purchase as "Spending $800,000,000 on a Domino's pizza" is entirely disingenuous, but it makes regular people get excited about big numbers!

Go back a few thousand years and I'm sure there were people trading clumps of gold worth way more than we would today for food. "Meet the desert caravan that traded spices for $50,000,000".

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May 17, 2019, 12:40:15 PM
 #4

Smart way to lure viewers. Its funny how they call him the pizza guy. Nobody cares about his real name and only think about this particular moniker. Hilarious. Looking forward to what he has to say about BTC and whether he is still planning to spend BTC on pizzas.

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May 17, 2019, 12:43:19 PM
 #5

That's a good plan to make the world know about the Pizza Billionaire. Just a ten years of time, but what has happened with the network is very big and unachievable with anything that is centralized. If something similar to bitcoin have grown big under any of the centralized system surely by now governments would have acquired it. Let's wait for the words of PIZZAMAN.

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May 17, 2019, 12:47:06 PM
 #6

 Can't wait to see the interview. Would really love to no how the bargaining how the bargaining went down and what was the pizza guys idea about trading pizza for bitcoin. Definitely the pizza is the world most talked about and expensive pizza
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May 17, 2019, 01:45:21 PM
 #7

That's worlds  costly pizza . LOL
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May 17, 2019, 02:00:05 PM
 #8

"Meet the man who spent millions worth of bitcoin on pizza"
"You spent about $800 million on pizza?"

I just hate those clickbait headlines lmao. As if the BTC that was paid was even close to worth that much in the past.

Well, that is marketing for you and we live in the world of marketing right now and even into the future. It is actually nice that 60 Minutes is giving time for the Bitcoin Pizza Day which is all known not just within the world of cryptocurrency but even in the mainstream media. This was part of the founding stories surrounding bitcoin and can now be part of the legends as well as myths on those days (a real legendary story if I may add). 
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May 17, 2019, 02:27:42 PM
 #9

Go back a few thousand years and I'm sure there were people trading clumps of gold worth way more than we would today for food. "Meet the desert caravan that traded spices for $50,000,000".
Meet the naive Americans who traded all of Manhattan for $1.000 Roll Eyes

Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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May 17, 2019, 02:45:27 PM
 #10

I don't know if that interview would be informative or would only bring us regrets. It would be better to hear the exact story from that so-called Pizza guy. That's interesting to me. I'm sure that there were also the same trading of goods before.

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May 17, 2019, 02:53:18 PM
 #11

Well, that is marketing for you and we live in the world of marketing right now and even into the future

It sure is just marketing, and it sure is goddamn effective. Were talking about CBS News anyway, so they surely know what they're doing. The thing though is, there's a fine line between great marketing, and straight-off bullcrap clickbait(which this one is).

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May 17, 2019, 03:05:55 PM
 #12

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

It will be 10 years from now, on May 22 that the Legendary Laszlo Hanyecz purchased Pizza worth 10K Bitcoins way back in 2009.

Quote
"That's $800 million," Cooper says. "You spent about $800 million on pizza?"

Hanyecz replies, "Well, if you look at today's exchange rate."

This interview would be aired on Sunday, May 19 at 7:00 p.m. ET/PT on CBS.
Well, actually $800.000.000 mln at this rate, I bag he didn't know that BTC will go so far
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May 17, 2019, 03:22:11 PM
 #13

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

It will be 10 years from now, on May 22 that the Legendary Laszlo Hanyecz purchased Pizza worth 10K Bitcoins way back in 2009.

Quote
"That's $800 million," Cooper says. "You spent about $800 million on pizza?"

Hanyecz replies, "Well, if you look at today's exchange rate."

This interview would be aired on Sunday, May 19 at 7:00 p.m. ET/PT on CBS.
Well, actually $800.000.000 mln at this rate, I bag he didn't know that BTC will go so far


I agree, no one would really buy pizza with that value.
Who would know that Bitcoin could go this far?
There were actually people who have sold hundreds of their bitcoins while the prices are too low.
It's good to hear different stories from previous holders, and it could help us learn a lesson.
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May 17, 2019, 03:41:10 PM
 #14

Yup, such discussions are absolutely retarded.
All those bitcoins were absolutely worthless at that time. He spent exactly the same amount of money as this pizza cost. So if the price was 10$ then he also spent $10.
From the same positions we can guess that BTC price would be much higher in 10 years and when today we sell $10 worth of BTC then in some time it could become your new house.
Also with the same success we can blame ourselves that in 2009 I bought a bus ticket instead of grabbing my billions worth or BTC.
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May 17, 2019, 03:45:07 PM
 #15

Some things are priceless. We all know the pizza guy, he became popular, there's even a bitcoin pizza day thanks to him. We could regret everything, like what if you did not buy that car, maybe you'd have a better one next year? What if you didn't go to a restaurant and bought yourself an Internet course on programming? What if you chose a different line of work or did not sell Bitcoins at 3k this year? Somebody did. Does that somebody have to blame himself for the rest of his days? That question was idiotic.
I wish all best to Laszlo, he seems nice.

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May 17, 2019, 04:22:59 PM
 #16

<snip...>

Well to be honest, If I were in his shoes back then, I would most likely do the same thing. Knowing that my bitcoins can purchase a box of pizza (not knowing that its price would skyrocket), I really would not hesitate that is why I don't judge his decision. Unfortunately, he could have left at least half the amount of his bitcoin and save it for long-term use.

Yup, such discussions are absolutely retarded.
All those bitcoins were absolutely worthless at that time. He spent exactly the same amount of money as this pizza cost. So if the price was 10$ then he also spent $10.
From the same positions we can guess that BTC price would be much higher in 10 years and when today we sell $10 worth of BTC then in some time it could become your new house.
Also with the same success we can blame ourselves that in 2009 I bought a bus ticket instead of grabbing my billions worth or BTC.

That is actually true. I bet that someone has the idea of bitcoin reaching this kind of price in the market back when its price was close to worthless. It is really difficult on where to draw the line between this one and his decision. I would not judge him, heck I would even do the same thing!
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May 17, 2019, 04:41:04 PM
 #17

I think he will too sad to see the reality that he pays too much bitcoin for just buying pizza in a long time ago Grin
I am sure that he wants to turn back the time so he can cancel his order and only save his bitcoin for a long time so he can sell his bitcoin in 2017.
But I think he will learn something from his story and he knows that bitcoin was precious and he will save more bitcoin after this (or he already did).
He needs to calm down his emotion when he tells the story, and I am sure he can control his feeling.

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May 17, 2019, 06:36:18 PM
 #18

You can just look at headlines like that and understand a lot about the News Media. The fact that they word Laszlo's purchase as "Spending $800,000,000 on a Domino's pizza" is entirely disingenuous, but it makes regular people get excited about big numbers!

Go back a few thousand years and I'm sure there were people trading clumps of gold worth way more than we would today for food. "Meet the desert caravan that traded spices for $50,000,000".
Dude, that's a hillarious example for media reports these days. Media knows well how to manipulate information for their advantage.
They will show it like get free money for signing up but they won't tell you how hard it is to undertake the signing up process.
This is why I have stopped watching TV and I only watch those content on the internet which is reliable and gives out some knowledge.

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May 17, 2019, 08:32:46 PM
 #19

The thing though is, there's a fine line between great marketing, and straight-off bullcrap clickbait(which this one is).
The line is money. They go with whatever has proven to be the most effective way to get as many people to click and read their articles as possible. Not sure why people are still so triggered by this.

Mainstream media is news for the masses, and the mass doesn't know what's click-bait or not. $800 million pizza is a money making headline, and it to some degree it actually holds some truth as well.

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May 18, 2019, 03:20:51 AM
 #20

Ahhh the classic pizza guy story lol. I guess this pizza guy story will never die and will be hyped every year on 22 May.

The questions are boring though, repeated question year after year still the same. Pretty sure the reporter don't know much about bitcoin.

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