🦝 Bought Pizza For 10000 Bitcoins

Somewhere in the realm of 290-300 million dollars. Well I don't think that person hold that time too brother. The pizza place didn't get the Bitcoins. He transfered 10,000 Bitcoin to another Bitcoiner, and that Bitcoiner used his credit card to buy the pizzas. So 10,000 BTC equates to 0.3% or 0.5% of the ENTIRE bitcoin supply (1/200th or 1/300th). At $50 that means he was valuing the entirety of bitcoin at just $10,000 to $15,000. Surely even in the early days it must have been obvious that the concept was worth more than low five figures? 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 [Editor's note: Price of Bitcoin in March of 2022 is $40,000], this is apparently a joke and Hanyecz's $45 million pizzas are the punchline. The joke is also a parable At one time in late 2013, 10,000 Bitcoins were worth over $12 million. And if it happened in 2017, 10,000 Bitcoins were at around $15.5 million. And if that pizza purchase happened in 2018, the price would be $18 million. According to him, he offered such a large amount in hopes that at least someone will respond. As Bitcoin Pizza Day, the 13th anniversary of the first-ever commercial transaction via Bitcoin (BTC), kicks in, let’s remember how it all started. Laszlo Hanyecz, an American-Hungarian programmer from Florida, attempted to get two large pizzas for 10,000 Bitcoins in 2010. “I’ll pay 10,000 Bitcoins for a couple of pizzas. Two Pizzas for 10,000 Bitcoins. On 17 May 2010, computer programmer Laszlo Hanyecz posted on the Internet a request to buy a pizza paying with bitcoins. A few days later, Hanyecz was successful. He bought two pizzas for 10,000 bitcoins from Jeremy Sturdivant, whose username was “jercos.” On May 22, 2010, Hanyecz posted on Bitcointalk forum, On its 11th anniversary in 2021, bitcoin price reached a high of $63,000. So, the two pizzas were worth $630 million. May 22 is known as Bitcoin Pizza Day, marking the 11th anniversary date where Hanyecz bought his pizzas for 10,000 bitcoins, which equated to a little over $40 in 2010. Today, Hanyecz’s 10,000 bitcoins would be worth about $680 million. To crypto devotees, Bitcoin Pizza Day is significant because it not only proved that it is possible to make a transaction in crypto and make a physical purchase in the real world, but 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. What’s Bitcoin Pizza Day? It’s the annual anniversary of the first recorded commercial transaction using bitcoin, when computer programmer Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 bitcoins. And now every year on the anniversary of that sale, the community celebrates this now very expensive pizza transaction and publications There is even a plaque commemorating the purchase at the Papa John’s in Jacksonville, Florida, that reads, “ Papa John’s. Makers of the famous Bitcoin Pizzas. May 22, 2010. Source. To say May 22, 2010 was the day that went down in Bitcoin history forever. On that day, Laszlo Heinitz, a computer programmer from Florida, bought two pizzas for 10,000 bitcoins, which had only recently been put into circulation. This day is now called Bitcoin Pizza Day, and every year on May 22, the community celebrates the landmark event. Txs1gP.

bought pizza for 10000 bitcoins