2 awesome facts about bitcoin.

1# The million dollar Bitcoin pizza
On May 22nd, 2010, a Bitcoiner named Laszlo Hanyecz paid to a Bitcointalks forum user not less than 10 000 BTC for two Papa John’s pizzas. What can be considered as an incredible amount (5 619 700$ worth of BTC nowadays) was equivalent to 30$, according to the exchange rate applied at this time, estimated to 0,003 cents per Bitcoin. Mr. Hanyecz said he had acquired these bitcoins by mining on his computer.

“It wasn’t like bitcoins had any value back then, so the idea of trading them for pizza was incredibly cool,” said Mr. Hanyecz. But when asked about the current value of the cryptocurrency, he adds: “No one knew it was going to get so big.”

Questioned about possible regrets, he adds:
“No, not really,” Mr. Hanyecz said. Then he sold his bitcoins when the price was around 1$, getting 4000$ “That was enough to get a new computer and a couple of new video cards, so I’d say I ended up on top.”

2# Bitcoin’s Tiger Woods
In October 2009, so more than 10 months after the launch of the cryptocurrency, the bitcoins was traded at an extremely competitive rate: 1$ for 1,309BTC which is equivalent to less than 0,00076$ per Bitcoin.

Assuming you had spent 308 dollars in order to acquire your first 403,712 bitcoins, and that you would have sold them in December 2013 at the famous peak of $1240 / BTC, you would have a fortune of $501,556,440, which is the personal wealth of Tiger Woods added of one million of dollars ($500 000 000)!

Not a golf fan? No problem, let’s focus on soccer. You would have had to spend 80$ in bitcoins (104,720 BTC) in order to overtake the fortune of the international star Christiano Ronaldo, namely $130 000 000.

hope you enjoyed my post.

Regards cybersniper