Happy Bitcoin Pizza Day! Before you call Margherita to commemorate the world’s first real Bitcoin trading, here’s a slice of information:
What do family vacations to Japan, a 50 Cent album, a steak dinner and a framed cat photo have in common?
They were all paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin community! And just like the 10,000 BTC Bitcoin pizzas, which are now worth more than $ 300 million, the Bitcoin buying community has also skyrocketed.
Benjamin de Waal, CEO of the engineering division of the Bitcoin exchange Swan Bitcoin told the Cointelegraph, “I deleted 7 BTC on a family trip to Japan a few years ago. Today’s worth 7 BTC is well over $ 200,000 worth – but Ben’s happy because his kids are happy:
“It would have been much more valuable now; but I do not regret it at all. A good youth full of adventure, fun and learning is invaluable. “
Felix Crisan, the cheater, told Cointelegraph how he once spent 50 BTC (worth $ 1.5 million) developing a new software unit for his company in 2015. Crisan added in 2016:
“Let’s not forget some almost 1BTC ‘spent’ bets on who the next president of the United States will be.” […] Of course I did not win. “
That’s a $ 30,000 bet on BTC’s current market price.
Jeffrey Albus, editor of the Cointelegraph, shared that he splashed out on a steak dinner to demonstrate Bitcoin’s peer ability “sometime in 2011 or early 2012.”
“We paid 15 BTC – 12 for the meal, plus 3 BTC left as a tip (which the receptionist would probably suit.)”
Worse, the value of 15 BTC more than ten years ago was so small that it was under the total bill: Albus had to fill it up with the good old money. The value of a Bitcoiner-worthy steak dinner is now worth half a million dollars.
In a nutshell, Julien Liniger, CEO of the Swiss Bitcoin exchange Relai – and Bitcoin pivot through and through, told the Cointelegraph that he “bought a bitcoin hoodie for 0.1 BTC at the time, but that was the last” – a hoodie about 3,000 dollars. He explained that “then it became too stupid for me to spend instead of stacking a stake”.
Meanwhile, the team at CoinCorner, the UK Bitcoin exchange behind the contactless Lightning Network credit card, shared a few stories. Danny Scott, CEO, bought the 50 Cent album “Animal Ambition” with Bitcoin when the market price was around $ 600. 50 Cent who is famous for “forgetting” that he accepted 700 BTC for the album – let’s hope Scott forgets the profit he lost too!
CoinCorner Marketing Director Molly Spiers told Cointelegraph: “I bought a photo postcard of my cats […] for 0.009 BTC. The $ 270 postcard was unfortunately not enough for Spiers to keep; “I’ve lost them somewhere over the years – I would have put them in a frame with pride!”
Fortunately, there is “no regrets” as it “creates a good story. In addition, she shared a photo of the cats:
While “experimenting with Bitcoin as a currency,” CoinCorner software maker Matthew Ward told the Cointelegraph that he “bought the game Cities Skylines when it launched on Steam in March 2015 for 0.108 BTC. You can judge whether the graphics deserve a $ 3,000 price tag:
Finally, Didi Taihuttu, known as the father of the Bitcoin family and sometimes the Bitcoin tattooist, spent 2.75 BTC on a Bitcoin miner in 2014. Taihuttu told the Cointelegraph that “the strangest thing is that when BTC reached $ 200, I gave up mining. BTC and started mining dogecoin (DOGE). ”Had he held BTC he would have had over $ 180,000.
Related: Try to top this: PizzaDAO celebrates Bitcoin Pizza Day with 100 parties around the world
Taihuttu also shared that during his adventures as a Bitcoin family, he left over 9 BTC ($ 270,000), which he describes as “losing 9 BTC but gaining an incredible adventure.”
And for those wondering what happened to the 10,000 BTC Hanyecz who spent on the pizzas, according to Cointelegraph research, 5% of the total amount ended up in a very rich wallet, while “some of the funds were apparently bankrupt” on a failed cryptocurrency exchange.
The rich wallet that consumed some of BTC Hanyecz is in the top 15 richest wallets in Bitcoin and collects over 53,000 BTC. The total number deleted or sent from the wallet is 0 BTC: certified Bitcoin hodler.
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