Bitcoin fair value buying bitcoins online reddit

I've always wondered about. Well he has recieved over 80k Bitcoin to the wallet that he sent the 10k. Probably more pitfalls than actual fiat unfortunately. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. For example, submissions like "Buying BTC" or "Selling my minergate cloud mining pool hash help for bitcoins" do not belong. Probably around the same portion of the population who spends thier money on bitcoin. It would be cool if we made May 18 'Pizza Day' to celebrate this event, and everyone buys pizza's with Bitcoin every year on this date. Want to add to the discussion? From your post history you are a super troll. Going to be an interesting ride. It's totally possible he doesn't have any, or he bought back in at a much higher price. Trades should usually not be advertised. There's evidence that someone bought pizza in with Bitcoin, we already know that it's true. Your calling me out on an asset that has lost over half of its value in the past year or 2. You can also explore the Bitcoin Wiki:. Yours is an extremely flawed logic that most grade schoolers can see. Good for you. I can only imagine that you annoy the fuck out of. It's the first recorded transaction involving BTC spent on a real-world product.

At least diversify a bit. Get an ad-free experience with special benefits, and directly support Reddit. Latest stable version: You tube has a neat live stream of the "slaying of the bear-whale" that I always thought was neat. I'm pretty sure he's rolling in BTC. We never run short of these bravemen, everyone is satoshi. In my own experience I've been able to buy a new TV, a couch, computer hardware, and pizzas in exchange for Bitcoin, so clearly it does indeed have value to bitcoin by vodka_iordanov which crypto coins to buy people. From your post history you are a super troll. Cant imagine how this guy feels knowing he spent today's equivalent of 80 million dollars on 2 papa John's pizzas. And this is what secures the network. Little did bitcoin fair value buying bitcoins online reddit what is a block cryptocurrency ripple bitcoin chart. Bitcoin Core is the backbone of the Bitcoin network. You can also use Bitcoin Core as a very secure Bitcoin wallet. The fiat experiment started in when Nixon dropped the gold peg, then in the reserve increased the supply by 4x. Guy's fkin legend. The only value it has is speculatory. Instead of retrofitting the current price of Bitcoin to call his purchase the most expensive pizzas, his real contribution to initiating the adoption of Bitcoin needs to be recognized and applauded. Check out his other work .

That's why I hodl. Pizza Guy changed all this! At the time that guy spend 10, BTC on pizza, YOU not you specifically CryptoMania could have downloaded client software on your laptop and made a life time salary per week. Nobody knew if BTC would actually go anywhere. World's top most privacy oriented coin with complete crypto Eco-System Beldex. That's dangerous. People think that the guy spent millions of dollars on 2 pizza, he didn't. If the shit were to really hit the fan how would you even access your bitcoin? Bitcoin is the currency of the Internet: Looking forward to hearing it again in Bitcoin submitted 6 days ago by wheasey. It would be cool if we made May 18 'Pizza Day' to celebrate this event, and everyone buys pizza's with Bitcoin every year on this date. Latest stable version: Check out his other work here. Fair points. BTC was dirt cheap, so tha pizzas costed him what it should have. All rights reserved. That's not a metaphor that applies to BTC, it's extremely easy and convenient to trade BTC and especially on coinbase.

If you hate crypto so much why are you here? And it made a huge difference. The only value it has is speculatory. You're fucking dumb. He did the transaction for a reason and a very legitimate one. FDIC insurance doesn't apply to your crypto. You can also use Bitcoin Core as bitcoin mining cost chart bitcoin consensus very secure Bitcoin wallet. Terrible and fat one. I don't don't store cypto on coinbase just USD. For the first time Bitcoin could be used to purchase real world items! Ad campaign:

You can also use Bitcoin Core as a very secure Bitcoin wallet. Whatevers left that is. This was about 3 years before HODLing became a thing, and 7 years before bitcoin hit it's all time high - if only they knew! And yet every fad that saw prices of the product grow to bubble territory lasted for a short time frame; Bitcoin has been growing in value for 10 years. This Pizza represents so much more than just 10,BTC for a pizza. Or did he sell his bitcoins dirt cheap also? If people joke about such events argue no longer! They do though. If you have ideas for the remaining BTC, see here for more info. If you hate crypto so much why are you here? First to use BTC legitimately. If the shit were to really hit the fan how would you even access your bitcoin? Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. But going further this guy was the first person ever to sell baseball cards. Judging from his house in the 60 Minutes episode, he isn't hurting. If your really young than going the stock route can almost guarentee huge returns over time. What's actually happening here is a few major players are reaping all of the financial rewards while the majority of the investors end up losing.

If people joke about such events argue no longer! This was about 3 years before HODLing became a thing, and 7 years before bitcoin hit it's all time high - if only they knew! Bitcoin doesn't care about your idiotic opinion, it's been plugging away for over 10 years now and it'll keep on going. Wouldn't surprise me one bit if the recent rise was just another whale pump intended to drive further investment from the devoted ones which will lead to an eventual dump by said whale for profit. Can you please provide evidence they weren't? It became a nice reference point for others to judge real world worth. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the how come crypto currency is bought how to buy zcash and store in your wallet accepting bitcoins on behalf of the charity is trustworthy. It's cool bitcoin fair value buying bitcoins online reddit the history of BTC immortalised on these threads. Free bitcoin game script zcash price usd person who delivered the pizza wasn't a pizza shop owner, it was an year-old called Jeremy Sturdivant. Good luck with all of that I feel bad for you. His story to song: As such, it is more resistant coinbase sending confirmation code buy bitcoin with pound sterling wild inflation and corrupt banks. And yet every fad that saw prices of the product grow to bubble territory lasted for a short time frame; Bitcoin has been growing in value for 10 years. Bitcoin is the currency of the Internet: Guy's fkin legend.

I can't find the original YouTube post, but this one below is from the same feed anyway. When Bitcoin started no one knew what it was capable of. Without power its pretty difficult. If you think BTC was used to buy real-world goods before that it's on you to provide evidence, not the person you're trying to convince. If there weren't the pizza guy, there would be another pizza guy, chicken wings guy, general tso's chicken guy. No referral links in submissions. It's financial value is still in discovery and its value will not be stable until it is adopted much more widely. What if the servers supporting your wallet fell. Want to add to the discussion?

Want to add to the discussion?

That's not a metaphor that applies to BTC, it's extremely easy and convenient to trade BTC and especially on coinbase. You can't get the energy consumed mining back now can you. Not without its own concerns, but I do see benefits over fiat. I've always wondered about this. Looking forward to hearing it again in And this is what secures the network. Related communities Sorted roughly by decreasing popularity. Pizza guy was the first person who would trade BTC for something in real life. Proof of work has value, and being the most stable crypto by far based on hashing power is extremely valuable. It's not like he spent all his BTC on those two pizzas. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. I'm happy for you to change my mind though. World's top most privacy oriented coin with complete crypto Eco-System Beldex. It's totally possible he doesn't have any, or he bought back in at a much higher price.

That's not coinbase to mint.com buy a house paying with bitcoin huge loss at all. So yea, just because a few idiots will overpay for something does not mean that thing is worth what the idiots will pay. Not sure why you would bring up apocalyptic scenarios. Probably more pitfalls than actual fiat unfortunately. I'm not saying jump ship, but I certainly wouldnt dive in head. I love the idea of bitcoin but it comes with pitfalls as. The funds already donated will be spent on some sort of advertising, as intended. Is he the owner of Dominos Pizza now? Bitcoin is the currency of the Internet: Thanks Laszlo! Or did he sell his bitcoins dirt cheap also? You can also explore the Bitcoin Wiki: It's bitcoin mining using raspberry pi bitcoin pool mining payouts worth I understand you can look at the chain but what if you can't access it. I see a lot of posts about him that call him "pizza guy" and not " Laszlo Hanyeczearly Bitcoin developer who collaborated with Satoshi Nakomoto to make multiple contributions to the code of the world's first cryptocurrency. That's dangerous. What's actually happening here is a few major players are reaping all of the financial rewards while the majority of the investors end up losing. But going further this guy was the first person ever to sell baseball cards. You know, the smart guys.

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You can drone on about tulips and intrinsic value all you want, but we don't give a shit, we're the ones who use it, hold it, and give it value. Become a Redditor and join one of thousands of communities. I wish one day I'll call local pizzeria and have my pizza for btc lol. Again just because people are willing to put time into something doesn't really mean to much. Even if Coinbase were to fail as a business, the funds held in the custodial bank accounts could not be claimed by Coinbase or its creditors. You can also use Bitcoin Core as a very secure Bitcoin wallet. At the time that guy spend 10, BTC on pizza, YOU not you specifically CryptoMania could have downloaded client software on your laptop and made a life time salary per week. Welcome to the real world. I don't think they were though. Do not post your Bitcoin address unless someone explicitly asks you to. You can also explore the Bitcoin Wiki:. Who are the fools? Did he lose it? The fact that your offended by my post shows that your unable to think about this particular subject matter in an unbiased manor.

I'm happy for you to change my mind. You know, the smart guys. The only value it has is speculatory. People talk as if that was all of his BTC. Pizza guy was the first person who would trade BTC for something in real life. As such, it is more how to mine dogecoin with asic how to mine dubaicoin on mac to wild inflation and corrupt banks. In those scenarios you want water, food, shelter, guns, and medical supplies. Submit link NOT about price. If you hate crypto so much why are you here? That's like a cajillion dollars!!

And yet every fad that saw prices of the product grow to bubble territory lasted for a short time frame; Bitcoin has been growing in value for 10 years. Good luck with all of that I feel bad for you. His litecoin historic value litecoin price gbp chart to song: Did he buy Pizza hut? Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: Going to be an interesting ride. Sure you might be able to trick a few chumps into buying million dollar jumping beans, but the majority of people won't fall for the scam. Read up on it first so you know WTF best pps mining pool mining motherboard 7 gpu even looking at. It's extremely unlikely there any holders left from those days, any sensible person would have taken profit when they were X its' unfathomable that they wouldn't. There's a massive coincap vs coinbase altcoin network hashrate supporting it and you're choosing to ignore. Little did he know.

Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. How much do you have to lose to realize you might be wrong? If your really young than going the stock route can almost guarentee huge returns over time. For the first time Bitcoin could be used to purchase real world items! He's doing well for himself, it's not like he's some total loser who made a stupid mistake. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Check out his other work here. The fuck dude you just have this pre conceived notion about people and just roll with it. I understand you can look at the chain but what if you can't access it. Hey guys and girls, I just want to give a shout out to the Pizza Guy. It's in experiment I don't want to be apart of. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: I just want to give a shout out to the Pizza Guy.

You can drone on about tulips and intrinsic value all you want, but we don't give a shit, we're the ones who use it, hold it, and give it value. Bitcoin value has also been falling for over a year. Going to be an interesting ride. Would suck more if it was bad pizza. As such, it is more resistant to wild inflation and corrupt banks. When Bitcoin started no one knew what it was capable of. If there weren't the pizza guy, there would be another pizza guy, chicken wings guy, general tso's chicken guy. Proof of work has value, and being the most stable crypto by far based on hashing power is extremely valuable. But going further this guy was the first person ever to sell baseball cards.