Re:Bitcoincore.org removes Satoshi's whitepaper from website...
by adventured on Thursday January 21, 2021 @03:51PM
(#25864070)
> People make all kinds of mistakes, sometimes very costly mistakes.
For example, pizza-Bitcoin guy. The stories always talk about how he traded 10,000 Bitcoins for two pizzas. That's only a small part of the story, what actually happened is drastically worse. He sold several times that many Bitcoins in other low-value transactions at the same time (some straight up for cash) and did the pizza trade more than once.
Pizza guy likely traded a minimum of 50,000 Bitcoins for less than a few hundred dollars of value. That's $1.6 billion presently at 50k.
For example, pizza-Bitcoin guy. The stories always talk about how he traded 10,000 Bitcoins for two pizzas. That's only a small part of the story, what actually happened is drastically worse. He sold several times that many Bitcoins in other low-value transactions at the same time (some straight up for cash) and did the pizza trade more than once.
Pizza guy likely traded a minimum of 50,000 Bitcoins for less than a few hundred dollars of value. That's $1.6 billion presently at 50k.