pizzaday
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Today, we celebrate the legendary day in 2010 when 10,000 BTC bought two pizzas, marking the first real-world Bitcoin transaction. Share your best pizza memes, join our fun trivia, and let's settle the ultimate debate: pineapple on pizza – yay or nay? Let's make this the cheesiest, most fun day in crypto history! 🍕🚀
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How a 10,000 Bitcoin Pizza Changed Bitcoin
Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born.
The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010.
He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”
Also read: Bitcoin Surges Over $71 as Short Traders Take Losses
Pizza Set the Stage for Bitcoin Revolution
Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas.
“I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said.
“You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins…”
Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin.
The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices.
More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion.
11 years ago today, a very hungry programmer, Laszlo Hanyecz, paid 10,000 bitcoin for two Papa John's pies, marking the very first bitcoin pizza transaction, ever. Considering today’s bitcoin value, that trade is worth roughly $613 million. Happy #BitcoinPizzaDay !
— Papa Johns (@PapaJohns) May 22, 2021
Exchanges Use Bitcoin Pizza Day for Educational Outreach
On May 22, 2024, the crypto community celebrates the 14th anniversary of the Bitcoin Pizza Day.
Hashtags such as #BitcoinPizzaDay and #PizzaForBitcoin are lighting up social media platforms as crypto enthusiasts and businesses throw pizza parties, contests, and educational outreaches around the world.
Crypto exchange Bitget is working NounsDAO, Unlock Protocol, Stand with Crypto, OwnTheDoge, the World Pizza Champions and others to throw a Global Pizza Party in 150 cities across the world.
Meanwhile, the largest cryptocurrency exchange, Binance, is engaging and educating people on Bitcoin Pizza Day with events concurrently held in 16 countries between May 17 and May 22.
Bitget CEO Grace Chen told Cryptopolitan that Pizza Day marked a turning point in the evolution of Bitcoin as it embodied proof of concept, publicity boost and cultural impact for the cryptocurrency.
“This seemingly simple transaction carried profound significance,” Chen said.
“Hanyecz’s pizza purchase demonstrated that Bitcoin could be used to buy real goods and services, validating the idea of decentralized digital currency.”
Concerning publicity boost and culture, she observed: “The successful transaction sparked interest and excitement both within and outside the Bitcoin community, encouraging more people to explore and experiment with Bitcoin.”
Pizza Helped Fuel Web3 Growth
Bitcoin Pizza Day has become a part of crypto culture, fostering a sense of community and shared history among enthusiasts and investors. Chen noted that the story has enduring educational value still utilized to reach more people with the idea of a decentralized currency.
The day is more than a quirky anecdote. “It symbolizes the early steps of Bitcoin in proving its utility and establishing its place in the world of finance,” the Bitget CEO explained.
“It reminds us of the journey from a novel idea to a revolutionary financial technology, highlighting the community spirit and innovative drive that continues to propel the cryptocurrency space forward,” Chen adds.
Real-world applications unlocked by Bitcoin extend to social pillars such as education.
People attending Bitcoin Pizza Day in Bahrain, 2023. Image credits: Binance/X No Regrets for Buying Million-Dollar Pizza
Years later, the man who squandered the equivalent of $700 million in bitcoin on two pizzas has no regrets.
Laszlo Hanyecz, who claims to have texted a few times with Satoshi Nakamoto, relishes the idea that his pizza order is now a red-lettered parable in cryptocurrency mythology.
“You know I don’t regret it. I think I like the fact that I got to be part of the early history of bitcoin in that way, and people know about the pizza and it’s an interesting story because everybody can relate to that and be like – Oh my God, you spent all that money!” Hanyecz said in a 2020 interview.
His opposite number, Sturdivant is not spared the notoriety as he used up his profit from the pizza deal for traveling.
Sturdivant estimates that the highest amount he has ever had in Bitcoin was about 40,000 BTC from mining and trading early on.
“I’ve never seen Bitcoin as an investment, and while it’s easy to look back and say ‘I could have been a millionaire,’ I think it’s more important to look at the mindset I had during the pizza transaction,” he says.
“[It was not] that of acquiring an investment, but of making use of a form of currency. If I was looking to hoard coins, I very likely wouldn’t have been in the right place at the right time.”
Cryptopolitan Reporting by Jeffrey Gogo
The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010.
He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”
Also read: Bitcoin Surges Over $71 as Short Traders Take Losses
Pizza Set the Stage for Bitcoin Revolution
Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas.
“I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said.
“You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins…”
Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin.
The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices.
More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion.
11 years ago today, a very hungry programmer, Laszlo Hanyecz, paid 10,000 bitcoin for two Papa John's pies, marking the very first bitcoin pizza transaction, ever. Considering today’s bitcoin value, that trade is worth roughly $613 million. Happy #BitcoinPizzaDay !
— Papa Johns (@PapaJohns) May 22, 2021
Exchanges Use Bitcoin Pizza Day for Educational Outreach
On May 22, 2024, the crypto community celebrates the 14th anniversary of the Bitcoin Pizza Day.
Hashtags such as #BitcoinPizzaDay and #PizzaForBitcoin are lighting up social media platforms as crypto enthusiasts and businesses throw pizza parties, contests, and educational outreaches around the world.
Crypto exchange Bitget is working NounsDAO, Unlock Protocol, Stand with Crypto, OwnTheDoge, the World Pizza Champions and others to throw a Global Pizza Party in 150 cities across the world.
Meanwhile, the largest cryptocurrency exchange, Binance, is engaging and educating people on Bitcoin Pizza Day with events concurrently held in 16 countries between May 17 and May 22.
Bitget CEO Grace Chen told Cryptopolitan that Pizza Day marked a turning point in the evolution of Bitcoin as it embodied proof of concept, publicity boost and cultural impact for the cryptocurrency.
“This seemingly simple transaction carried profound significance,” Chen said.
“Hanyecz’s pizza purchase demonstrated that Bitcoin could be used to buy real goods and services, validating the idea of decentralized digital currency.”
Concerning publicity boost and culture, she observed: “The successful transaction sparked interest and excitement both within and outside the Bitcoin community, encouraging more people to explore and experiment with Bitcoin.”
Pizza Helped Fuel Web3 Growth
Bitcoin Pizza Day has become a part of crypto culture, fostering a sense of community and shared history among enthusiasts and investors. Chen noted that the story has enduring educational value still utilized to reach more people with the idea of a decentralized currency.
The day is more than a quirky anecdote. “It symbolizes the early steps of Bitcoin in proving its utility and establishing its place in the world of finance,” the Bitget CEO explained.
“It reminds us of the journey from a novel idea to a revolutionary financial technology, highlighting the community spirit and innovative drive that continues to propel the cryptocurrency space forward,” Chen adds.
Real-world applications unlocked by Bitcoin extend to social pillars such as education.
People attending Bitcoin Pizza Day in Bahrain, 2023. Image credits: Binance/X No Regrets for Buying Million-Dollar Pizza
Years later, the man who squandered the equivalent of $700 million in bitcoin on two pizzas has no regrets.
Laszlo Hanyecz, who claims to have texted a few times with Satoshi Nakamoto, relishes the idea that his pizza order is now a red-lettered parable in cryptocurrency mythology.
“You know I don’t regret it. I think I like the fact that I got to be part of the early history of bitcoin in that way, and people know about the pizza and it’s an interesting story because everybody can relate to that and be like – Oh my God, you spent all that money!” Hanyecz said in a 2020 interview.
His opposite number, Sturdivant is not spared the notoriety as he used up his profit from the pizza deal for traveling.
Sturdivant estimates that the highest amount he has ever had in Bitcoin was about 40,000 BTC from mining and trading early on.
“I’ve never seen Bitcoin as an investment, and while it’s easy to look back and say ‘I could have been a millionaire,’ I think it’s more important to look at the mindset I had during the pizza transaction,” he says.
“[It was not] that of acquiring an investment, but of making use of a form of currency. If I was looking to hoard coins, I very likely wouldn’t have been in the right place at the right time.”
Cryptopolitan Reporting by Jeffrey Gogo
My Expectation for Ethereum #ETFvsBTC
1. If ETF Gets Approved, Price Instant Pumps.
2. Slowly the excitement Dies, Price slowly Dumps.
3. Breakout traders get hurt.
4. Price retraces. People think ETH is done.
5. Price Pumps. Same action like BTC ETF.
#pizzaday #ETHETFS #btc70k #BinanceLaunchpool
1. If ETF Gets Approved, Price Instant Pumps.
2. Slowly the excitement Dies, Price slowly Dumps.
3. Breakout traders get hurt.
4. Price retraces. People think ETH is done.
5. Price Pumps. Same action like BTC ETF.
#pizzaday #ETHETFS #btc70k #BinanceLaunchpool
$TRU - has been declining from its Major Resistance zone but is sustained by the uptrend support line
The price is fluctuating between $0.099 and $0.133 - A potential buy opportunity could arise after a breakout from this range, eyeing the Major Resistance level 👀
#pizzaday #altcoins #BTC #ETHETFS #BinanceLaunchpool
The price is fluctuating between $0.099 and $0.133 - A potential buy opportunity could arise after a breakout from this range, eyeing the Major Resistance level 👀
#pizzaday #altcoins #BTC #ETHETFS #BinanceLaunchpool
$PEPE $SHIB $FLOKI
If you wanna short pepe u must watch this
_________________________
for those who wanna short PEPE
I really dont recomend shorting
But if u wanna really get in
then here u u go
u can short from (0.0135490)
and ur stoploss (0.0144011)
and set ur TP to (0.0115325)
not a financial advice
good luck everyone
#altcoins #BinanceLaunchpool #pizzaday
If you wanna short pepe u must watch this
_________________________
for those who wanna short PEPE
I really dont recomend shorting
But if u wanna really get in
then here u u go
u can short from (0.0135490)
and ur stoploss (0.0144011)
and set ur TP to (0.0115325)
not a financial advice
good luck everyone
#altcoins #BinanceLaunchpool #pizzaday
#SOL analysis:
Price grabbed liquidity from a major support area and initiated a strong upward rally. It also retested the support area before continuing its upward movement.
Support Area: $167-$172 (add some here if missed earlier)
Resistance Area: $195-$205
#pizzaday #btc70k #BTC #altcoins $ETH $BNB $SOL
Price grabbed liquidity from a major support area and initiated a strong upward rally. It also retested the support area before continuing its upward movement.
Support Area: $167-$172 (add some here if missed earlier)
Resistance Area: $195-$205
#pizzaday #btc70k #BTC #altcoins $ETH $BNB $SOL
Here is the analysis of Litecoin (LTC) price history since its launch in 2011:
- Launch Price: $0.30 (2011)
- First Bull Run: $44.73 (November-December 2013)
- Bear Market: $2-$4 (2014-2017)
- Second Bull Run: $358.34 (November-December 2017)
- All-Time High: $386.45 (May 9, 2021)
- Recent Price: $85.71 (May 22, 2024)
#btc70k #pizzaday #ETHETFS #LITUSTD $BTC $LTC $LTC
- Launch Price: $0.30 (2011)
- First Bull Run: $44.73 (November-December 2013)
- Bear Market: $2-$4 (2014-2017)
- Second Bull Run: $358.34 (November-December 2017)
- All-Time High: $386.45 (May 9, 2021)
- Recent Price: $85.71 (May 22, 2024)
#btc70k #pizzaday #ETHETFS #LITUSTD $BTC $LTC $LTC
Important Newz For Ena Holders it is going To be Hit 1.5$ in Next Few Weeks 🤩
Hold it As you can .
Soon It will Blast 🔥#pizzaday #ETHETFS #enaethena #btc70k #BinanceLaunchpool $BTC
Hold it As you can .
Soon It will Blast 🔥#pizzaday #ETHETFS #enaethena #btc70k #BinanceLaunchpool $BTC
### $TRU Analysis
$TRU has been declining from its major resistance zone but remains supported by the uptrend support line. Currently, the price is fluctuating between $0.099 and $0.133. A potential buying opportunity may emerge after a breakout from this range, with the major resistance level in sight.
#pizzaday #btc70k #ETHETFS #altcoins #PEPE
$TRU has been declining from its major resistance zone but remains supported by the uptrend support line. Currently, the price is fluctuating between $0.099 and $0.133. A potential buying opportunity may emerge after a breakout from this range, with the major resistance level in sight.
#pizzaday #btc70k #ETHETFS #altcoins #PEPE
👉🚨Exciting Trading Update 🚀
👉 click $TAO is showing strength on the charts 📊.
Current Status 🌟
1. Support Validation:
#TAO has validated its support at $380.
2. Target:
👉Progressing towards our next target of $712 with considerable volume 📈.
Market Outlook 🔍
$BTC is expected to stay bullish too 🐂.
$TAO has previously seen an 11x profit gain*💰.
Action Plan 📅
1. Monitor $TAO :
Keep an eye on its progress towards the $712 target.
2. Watch $BTC:
Stay updated on #BTC 's bullish trend.
Trade smart and stay informed! 🌟💹
#cryptouniverseofficial
#pizzaday
$TAO
👉 click $TAO is showing strength on the charts 📊.
Current Status 🌟
1. Support Validation:
#TAO has validated its support at $380.
2. Target:
👉Progressing towards our next target of $712 with considerable volume 📈.
Market Outlook 🔍
$BTC is expected to stay bullish too 🐂.
$TAO has previously seen an 11x profit gain*💰.
Action Plan 📅
1. Monitor $TAO :
Keep an eye on its progress towards the $712 target.
2. Watch $BTC:
Stay updated on #BTC 's bullish trend.
Trade smart and stay informed! 🌟💹
#cryptouniverseofficial
#pizzaday
$TAO
2024/25 Peak Bull Run Potential Targets + Some Gem Projects 🎯
(Updated List)
Drop Down your Gems & Targets 💎
$BTC : 120K
$ETH : 12K
$TAO : 2000$
$KAS : 4$
$INJ : 500$
$OBOT : 2$
$VIS : 2$
$SOL : 600$
$RNDR : 40$
$GPT : 1$
$WNT : 6$
$NAVI : 2$
$NCDT : 10$
$STOS : 20$
$TARA : 0.5$
$BNB : 2000$
$AZERO : 25$
$ZANO : 50$
$ATOR : 15$
$ROSE : 1$
$TRIAS : 500$
$LEOX : 20$
$RIO : 20$
$UBXS : 5$
$CREDI : 1$
$CPOOL : 2$
$NXRA : 2$
$XRWA : 3$
$PROPS : 3$
$NFE : 5$
$CSIX : 4$
$VRA : 0.7$
$METIS : 1000$
$NAKA : 12$
$NMT : 100$
$FET : 15$
$ARKI : 4$
#FACTORY @ChainFactoryapp : 3$
$XCHNG : $4
$MTRG : 60$
$DMTR : 2$
$MNW : 50$
$DAG 1$
$GLQ : 4$
$CREO : 2$
$BAX : 0.01$
$FLOKI : 0.002$
$TET : 250$
$TLOS : 4$
$XNA : 0.1$
$SRM @SolareumChain : 4$
Yes I am over excited for some projects 😅
But Crazy things can happen in a 🐂 Market
I included only a few Good Projects that came to mind.
My followers are already experiencing Bull market vibes with my Calls
#altcoins #btc70k #PEPE #pizzaday #ETHETFS
(Updated List)
Drop Down your Gems & Targets 💎
$BTC : 120K
$ETH : 12K
$TAO : 2000$
$KAS : 4$
$INJ : 500$
$OBOT : 2$
$VIS : 2$
$SOL : 600$
$RNDR : 40$
$GPT : 1$
$WNT : 6$
$NAVI : 2$
$NCDT : 10$
$STOS : 20$
$TARA : 0.5$
$BNB : 2000$
$AZERO : 25$
$ZANO : 50$
$ATOR : 15$
$ROSE : 1$
$TRIAS : 500$
$LEOX : 20$
$RIO : 20$
$UBXS : 5$
$CREDI : 1$
$CPOOL : 2$
$NXRA : 2$
$XRWA : 3$
$PROPS : 3$
$NFE : 5$
$CSIX : 4$
$VRA : 0.7$
$METIS : 1000$
$NAKA : 12$
$NMT : 100$
$FET : 15$
$ARKI : 4$
#FACTORY @ChainFactoryapp : 3$
$XCHNG : $4
$MTRG : 60$
$DMTR : 2$
$MNW : 50$
$DAG 1$
$GLQ : 4$
$CREO : 2$
$BAX : 0.01$
$FLOKI : 0.002$
$TET : 250$
$TLOS : 4$
$XNA : 0.1$
$SRM @SolareumChain : 4$
Yes I am over excited for some projects 😅
But Crazy things can happen in a 🐂 Market
I included only a few Good Projects that came to mind.
My followers are already experiencing Bull market vibes with my Calls
#altcoins #btc70k #PEPE #pizzaday #ETHETFS
#JoeBiden Enters the Race for the Attention of the Crypto Community! - TheBlock
Two weeks ago, the SEC was against the Ethereum ETF, but now there has been a sudden reversal. 🧐
This appears to be a political move, as the current president and the Democratic Party are in dire need of the younger generation's votes for the upcoming presidential elections.
The Biden administration's stance on cryptocurrency seems to be softening, with the US Senate voting to repeal "SAB 121".
👀 #Biden is toning down his previously aggressive rhetoric towards the crypto industry and adopting a more friendly approach. The #EthereumETF is the first indication of this shift. He aims not to alienate voters in a competitive presidential race.
Meanwhile, #Trump has started accepting donations in crypto. 😁
#pizzaday
Two weeks ago, the SEC was against the Ethereum ETF, but now there has been a sudden reversal. 🧐
This appears to be a political move, as the current president and the Democratic Party are in dire need of the younger generation's votes for the upcoming presidential elections.
The Biden administration's stance on cryptocurrency seems to be softening, with the US Senate voting to repeal "SAB 121".
👀 #Biden is toning down his previously aggressive rhetoric towards the crypto industry and adopting a more friendly approach. The #EthereumETF is the first indication of this shift. He aims not to alienate voters in a competitive presidential race.
Meanwhile, #Trump has started accepting donations in crypto. 😁
#pizzaday
🐸 When the PEPE meme hit ATH, someone bought some $PEPE for $8 million!
🐳 A whale took $PEPE ($8.2 million) from Binance 2 hours ago, probably bought during the rally in the last 2 days.
He clearly knows something. 🧐 Or he may consider very big losses soon. Time will tell.
#pizzaday #ETHETFS #PEPE #btc70k #BlackRock
🐳 A whale took $PEPE ($8.2 million) from Binance 2 hours ago, probably bought during the rally in the last 2 days.
He clearly knows something. 🧐 Or he may consider very big losses soon. Time will tell.
#pizzaday #ETHETFS #PEPE #btc70k #BlackRock
Bitcoin (BTC) is currently trading at 69790 reflecting recent market volatility. 📊
We’ve seen significant price fluctuations, with both sharp rises and sudden drops, indicating a highly active trading environment.
Investors should prepare for continued volatility. Stay informed and manage risks accordingly. 🚀
#btc70k #pizzaday #MicroStrategy #Write2Earn
We’ve seen significant price fluctuations, with both sharp rises and sudden drops, indicating a highly active trading environment.
Investors should prepare for continued volatility. Stay informed and manage risks accordingly. 🚀
#btc70k #pizzaday #MicroStrategy #Write2Earn
Trade at your own risk! ✍️
$BTC USDT Long Buy 🐃
Entry 🚪[ Take Both Entry ]
1. 69,600.00 [ Use 3% Margin ]
2. 69,000.00 [ Use 3% Margin ]
Leverage ‼️ 40X Cross
Target's 🏹
1. 70,300.00 [ Cut 65% Position and Move Stop Loss At Entry Price ]
2. 71,000.00
3. 71,600.00
⛔ Stop-Loss 68,450.00
Use 6% Margin 🗞️ Of Your Total Portfolio.
Trailing Configuration > Set your 65% Margin 🗞️ At First Target, and Carry the remaining 35% Margin 🗞️ to the Last Target.
Take as much risk as you can afford. [Important]
Use recommended leverage ‼️ and Margin 🗞️
#pizzaday #ETHETFS #PEPE #btc70k #altcoins
$BTC USDT Long Buy 🐃
Entry 🚪[ Take Both Entry ]
1. 69,600.00 [ Use 3% Margin ]
2. 69,000.00 [ Use 3% Margin ]
Leverage ‼️ 40X Cross
Target's 🏹
1. 70,300.00 [ Cut 65% Position and Move Stop Loss At Entry Price ]
2. 71,000.00
3. 71,600.00
⛔ Stop-Loss 68,450.00
Use 6% Margin 🗞️ Of Your Total Portfolio.
Trailing Configuration > Set your 65% Margin 🗞️ At First Target, and Carry the remaining 35% Margin 🗞️ to the Last Target.
Take as much risk as you can afford. [Important]
Use recommended leverage ‼️ and Margin 🗞️
#pizzaday #ETHETFS #PEPE #btc70k #altcoins
#Write2earn Bitcoin Pizza Day: Reflecting on a Historic Transaction and Bitcoin's Remarkable Journey
#BitcoinPizzaDay2024 #pizzaday $BTC
May 22nd marks Bitcoin Pizza Day, commemorating the historic purchase of two pizzas for a staggering 10,000 BTC. This seemingly simple transaction has since become symbolic of Bitcoin's remarkable journey from obscurity to prominence, with its value soaring over the years.
In 2010, a British man in Florida made waves by swapping 10,000 BTC for two pizzas from Papa John's. Back then, Bitcoin was in its infancy, and its value was minimal. Fast forward to today, with Bitcoin trading around $69,957 per token, that pizza buy would be worth hundreds of millions of dollars.
Reflecting on this transaction, the notion of spending 10,000 BTC on two pizzas feels almost surreal. Yet, it serves as a powerful reminder of Bitcoin's evolution and its astounding value appreciation.
Today, Bitcoin reigns as the premier digital currency, priced at $69,957 with a 24-hour fluctuation rate of 1.49%. Its journey from an all-time low of $0.04865 to a high of $73,750 underscores its meteoric rise and its pivotal role in global finance.
Bitcoin's value trajectory is closely linked to its halving events, occurring roughly every four years, which significantly impact its price and tokenomics. As Bitcoin continues to captivate investors worldwide, Bitcoin Pizza Day stands as a testament to the transformative potential of cryptocurrency.
#BitcoinPizzaDay2024 #pizzaday $BTC
May 22nd marks Bitcoin Pizza Day, commemorating the historic purchase of two pizzas for a staggering 10,000 BTC. This seemingly simple transaction has since become symbolic of Bitcoin's remarkable journey from obscurity to prominence, with its value soaring over the years.
In 2010, a British man in Florida made waves by swapping 10,000 BTC for two pizzas from Papa John's. Back then, Bitcoin was in its infancy, and its value was minimal. Fast forward to today, with Bitcoin trading around $69,957 per token, that pizza buy would be worth hundreds of millions of dollars.
Reflecting on this transaction, the notion of spending 10,000 BTC on two pizzas feels almost surreal. Yet, it serves as a powerful reminder of Bitcoin's evolution and its astounding value appreciation.
Today, Bitcoin reigns as the premier digital currency, priced at $69,957 with a 24-hour fluctuation rate of 1.49%. Its journey from an all-time low of $0.04865 to a high of $73,750 underscores its meteoric rise and its pivotal role in global finance.
Bitcoin's value trajectory is closely linked to its halving events, occurring roughly every four years, which significantly impact its price and tokenomics. As Bitcoin continues to captivate investors worldwide, Bitcoin Pizza Day stands as a testament to the transformative potential of cryptocurrency.