Back in 2010, Hanyecz bought two Papa John's pizzas for 10,000 BTC. At the time, that seemed like a really good deal as one Bitcoin wasn’t even valued at one U.S penny. However, one BTC today is worth about $8000.
So yeah, that’s an expensive pizza!
However it gets worse, Hanyecz estimates he probably spent about 100,000 BTC on pizza over the years, hence his fame and appropriate nickname.
What's the most you've spent on a pizza? Let us know below!
By now, you probably know that Bitcoin (BTC) is arguably on the verge of a potential break out. On top of this, conflicting opinions around Bitcoin's FOMO has become a heated subject in the news recently.
However, the real question is; when will FOMO kick in? Or better yet, has it started already? In our latest article, we explore this debacle further and what other experts in the field suggest. Enjoy!
Ethereum has had a massive capital influx into its market when the big boy - BITCOIN started to correct.
ETH has shown a 16% appreciation against bitcoin in the last 24 hours.
Investors diversify and ETH is a logical choice. Watch Ripple and Bitcoin Cash as well. They may be beneficiaries.
The trend is up by any measure.
Most major coins including Bitcoin/Ethereum/Ripple/ litecoin are all showing a strong upward price action.
The brave have just had some big wins .
The question is how long will the trend run.
I am expecting a pullback from these levels and around 6200 is the BTC floor that I see.
Let's see if I am right or wrong...
The number of real crypto-enthusiasts among celebs is growing rapidly. Read this article to find out who of your favourite stars are really into blockchain — and are not afraid to tell about it to millions of their fans.
Recently Joseph Lubin said he foresaw a future where assets had all been tokenized, the web was completely decentralized and networks organized around topical interests were critical to people.
My take is that the tokenisation of assets is inevitable. Social Giants like Facebook will be broken up for corporate social responsibility reasons - too hard to manage. The web will be decentralised and special interest groups will develop that support topics and values of their members ala free speech, with site moderators more liable for content that is consumed - opt in /opt out.
Although the crypto markets have endured a long and dark Crypto Winter, it now appears that Spring has begun - with Bitcoin surging to fresh year-to-date highs and multiple altcoins flashing bullish technical signals.
Corporate Traveller, a U.K. provider of business travel management services, has recently announced it started accepting both BCH and BTC payments from its small and medium enterprises (SME) customers.
This option is becoming an increasingly popular service for a global sector with so many international events! Would you give it a try?
Why did i get an offer that gives out free dac in australia, yet the ICO ended last yr and this offer ends supposedly in 14 days...yet see nothing of it anywhere in this community or any guidance for people who this offer is targeting........ getting put off a little but i like the idea so im persisting with post.....please any help on when im goin to get my free coins if ever... and if so whether its even worth buying anymore ive submitted an order but in to buy it tilll i find out whats goin on with this company.....
Technology is changing the world. Almost every single thing we touch on a daily basis has been influenced by technology. Our cell phones, the tiny computers we keep in our pockets, have 100,000 times the speed of an early personal computer.
Nike – a company known for athletic shoes and sports apparel – is now performing a 360-degree turn and potentially launching its own cryptocurrency.
It seems like every company is seeking entry into the crypto market, attesting to its sudden mainstream status. The firm has applied for a new trademark ‘CRYPTOKICKS’ with the United States Patent and Trademark Office.
At Dacxi, the security of your digital assets is our top priority. ☝🏻
After the recent news regarding exchanges having issues in this area, we believe the time for increased and impenetrable security is greater than ever. We are pleased to announce that three independent, trusted platforms have rated Dacxi A+.
In this video, Ed Ludbrook expands on this further and explores why so many famous trading platforms are rated below this. Tune in to find out more!
The leap higher was the first time in five months it has been above this level and confirms the trend upwards is intact. The brave people got in at the 3800 level which means they are sitting on some nice wins.
From recent reading and analysis, it is my summary that the long term risk-reward ratio for Bitcoin is currently the most favorable of any liquid investment in the world. It is expected to trade in a range of $3,000 to $6,500 after which we will likely see the emergence of a new bull market.