The end result: The $30 in bitcoin used for a Papa John's pizza purchase would be worth nearly $200 million today! The pizzas cost about $30, so Hanyecz needed 10,000 bitcoins to pay for them.
Activity: 434. Merit: 250. 100%. Re: Dumbass who bought a pizza for 10k bitcoins. September 17, 2012, 02:13:51 AM. #43. OP failed to make a simple assumption: Assuming Laszlo had 50k in BTC or more (which isn't unlikely) that sale gave the rest of his balance its current value. If you spend 10 BTC today, how smart would the person ten years
Bitcoin Pizza Day is an annual event commemorating the first recorded commercial transaction using Bitcoin, wherein a programmer named Laszlo Hanyecz bought two pizzas for 10,000 bitcoins on May 22, 2010, when the cryptocurrency was worth less than a penny. Since then, Bitcoin's price has experienced drastic highs and lows.
On May 22, 2010, a developer bought two pizzas using 10,000 units of a then-little-known digital currency called bitcoin. Today, 10,000 bitcoins are worth more than $20 million (£15.4 million). Bitcoin is going nuclear. Its price is tearing upward, with each bitcoin worth $2,128 (£1,638) — a little shy of its all-time-high of $2,185 (£
Bitcoin's surge beyond $60,000 means the famed programmer Laszlo Hanyecz effectively paid $613 million for 2 pizzas. Bitcoin hit a record price of $60,000. Bitcoin hit an all-time high, with
So I guess, technically, my 10,000 Bitcoin bought me more pizza later. People always ask. Yes, I wish I still had 10,000 Bitcoin, but that was a long time ago, and I still was glad to be part of
Just like that a big oportunity to own a lot of BTC was lost by a lot of users in Bitcointalk, this amount of Bitcoin is worth more that 250 million dollars today, an amount that would make anyone rich. This story resembles the man who bought Pizza for 10000 BTC and its another epic story of the early days of cryptocurrencies.
When is Bitcoin Pizza Day? Bitcoin Pizza day this year is Monday, May 22nd, 2023. Who bought pizza with Bitcoin for the first time? Laszlo Hanyecz, a programmer and early Bitcoin miner, bought the pizza for 10,000 BTC. $690 million. The value of 10k BTC at its all-time-high.
Laszlo Hanyecz who spent cryptocurrency (10,000 BTC) now worth over 295,000,000.00 USD on 2 pizzas said he has no regrets. After the first transaction, Hanyecz would go on to do it many more times and spend a total of 100,000 Bitcoin on pizza that summer - now worth $2,9billion.
Programmer Laszlo Hanyecz bought two Papa John's pizzas for 10,000 bitcoin. Nine months after that monumental purchase, bitcoin would reach parity with the dollar, and just shy of eleven years later, on ₿itcoin's all-time high, these two pizzas would be worth an impressive 614.5 million dollars.
The pizza bought on 22 nd May 2010 was worth $30 compared to $100 million accounting for 10000 Bitcoins today. This day has been marked in cryptocurrency calendar as Bitcoin Pizza Day as a sign of the massive potential this dynamic token holds.
On May 22, 2010, when bitcoin was a little over a year old, he bought two pizzas for 10,000 BTC. The day is now known as "Bitcoin Pizza Day." With one bitcoin now worth $9,500, this is
In contrast, a $1,000 investment in Bitcoin at the time of the Bitcoin-pizza transaction would have netted 243,902.44 BTC. That investment would be worth $6,793,853,685.71 today based on the same
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