/biz/ - Business & Finance

>>12618764
so that we can make it today

>>12618764
his kids and wife probably hate him

>>12618764
>why a man would spend digital money on goods and services?

I can't believe in state of this board

>>12618802
They do, and he hates himself.

whats worst? that you knew about bitcoin but dismissed it as a fad or
actually buying in only to sell for literal pennies?

>>12618843
Probably the latter. The first one only feels like he lost an opportunity, the latter realizes he donated millions to some pizza faggot and is probably still contemplating suicide.

>>12618764
at the time he wanted to be the coolest dude on the internet.......today probably considers suicide

nobody ever asks what the dude who received the 10k did with it and if he regrets selling it for probably like $20

>>12618843
i would rather buy two pizzas with billions of dollars worth of bitcoins 5 years from now than to buy high and sell low

>>12618843
I feel like most level headed individuals cashed out at 100x

Like how many of those that got in at 7 cents didnt sell way too early, only the highest of iq's. Best case scenario is you left them on a computer somewhere and didnt remember about them until 2015 or something

>>12618764
To be a Chad and have his name become part of history.

>>12618866
>today probably considers suicide
For helping Bitcoin become what it is today by giving out 20% of his stack (the rest being worth hundreds of millions)?

>>12618764
>Why did he do it?
to advance bitcoin. he was one of the first people to mine bitcoin on gpus, doubt that was much of his stack at the time.

>>12618764
>>12618802
>>12618841
>>12618843
>>12618866
Can't believe the brainlet infestation we have here, srs. Probably all corekek maximalists

90iq thread
1) bitcoin wouldn't have reached the heights it did if nobody bought anything with it
2) you're stupid if you think he spent all his stack on this

I never understood the idea of regretting doing something even though at the time, you had no idea that doing it would be a huge mistake
Only a few non-brainlets back then had any idea how huge bitcoin would have eventually gotten. I highly doubt he was one of those

>the board is this fucking autistic
Nobody back then would know bitcoin would be worth what it is today
Besides he used it for it’s actual usecase: as a currency. Not as an asset that worthless NEETs use to dream about getting millions and buy lamborghinis, mansions and losing their virginity to escorts.
And he probably had a huge stack of it back then too

>>12618916
it's quite amazing, but it's also a worthy insight into the thinking process of these idiots. for a brainlet, the market rate of anything is an indication of some inherent worth as if graced by god. helps you get why they all bought dec 2017

>>12618926
> helps you get why they all bought dec 2017
kek, true. But also depressing that I was way to greedy to dump anything more than 10% of my stack on them.

>>12618916
>>12618917
>>12618926
>>12618931
i found the sold too earlys

>>12618919
it wasn't a mistake. he had much more BTC than that and likely has a networth in the tens, if not the hundreds, of millions now. he helped adoption and wrote himself into (bitcoin) history

>>12618802
>>12618841
ok so back then he traded some 10000 bitcoin for some pizza
but
>implying that was all of his bitcoin or that he didn't buy more later.

>>12618936
kek anyone who saw that pic the time it came out should have shorted all their crypto assets asap

>>12618959
also this, bitcoin had no effective value back then. no exchanges or anything. it had 0 dollar value.
this pizza is what effectively gave value to bitcoin.
1 bitcoin = 1/10000th of the pizza's cost.

That pizza looks delicious as heck I wish we had good pizza around my area all I have is Domino's and Papa John's and Pizza hut

>>12618977
>Shorting something valued at $0 and not tradeable on exchanges

>>12618936
This is literally a ponzi scheme.

>>12618836
based and lithuanian pilled

>>12618764
so far those pizzas are worth $190,000,000
id say those were the tastiest pizzas ever tbqh

bitcoin was like 0.0001$

everyone spend their wealth on stupid things because NO ONE knew it was going to be even 1$.

its like today you buy 1Million holo's and sell them for 2000 links. it feels like nothing but in five years it might be a huge fucking mistake.

i remember when btc was starting to be worth past dollar, people really started spending them, some idiot bought Iphone 4 for 800 Btc's surely he regret it nowdays. or that guy who bought WoW account for 3000btc

Fuck 10k bitcoins, i want the white shirt shota so bad!

>>12618869
The dude who got the pizza for him probably worked there and got them for free, and sold the BTC for $190 million at the ATH.

>>12618764
> biz, why cant we donate him some .1 btc each so he something like 50-100 btc so he feel relieved and we do help him as he is early adopter

> protip, dont sell your HOT. its gonna be 1$ worth with in few years

>>12618843
Its worse knowing it was viable and being too young to capitalize on it. I was 14 when I found out about BTC and wanted to blow some of my savings on it but muh boomer parents could only imagine it to be a ponzi scheme, so they wouldn't let me touch my savings. This was when btc was under 11 bucks.

>>12620734
Better then me, I was to much of a brainlet to figure out how to buy a bitcoin back then, I wanted to but was just too dumb.

>>12620734
I used to buy bitcoin at a pharmacy through money orders to bitinstant
Spent all of them on weed and gambling they were about 15-20 dollars each and I only bough maybe $700 worth

>>12621602
same except i bought them at $5 and traded them all for chinese designer drugs

>>12618869

The guy who sent the pizzas has said he sold the 10k a while later for around $300.

You guys do realize what he actually bought? Cheese pizza stands for "CP" or child porn. See those two boys? That's what he actually bought for 10k BTC.

Unless you know whether he bought more later you don't know how much he missed out.

And anyway, the worst justing is still losing your keys. Making the right choice but implementing it wrongly hurts way more.

@12622078
>reddit spacing
big cringe

>>12618764
Because it was 100% worthless back then. This event gave it a price.

>>12621977
Yeah seriously everyone here is fucking retarded, they are actually talking about real pizza. He raped those kids.

>>12622085
the fact that you can't quote indicates you come from reddit yourself.

>>12618764
Pizza is a codeword, you morons

>>12618764
Because you are a retarded faggot.

how much would those 10k btc translate into todays link?

>>12620734
My mom talked me out of it around that time as well for the same reason.

She feels absolutely horrible about it but I do not care since she is an amazing mother and was only trying to protect me.

She is worth more to me than those millions.

>>12618764
This makes no sense to me because even when BTC was, let''s say, $0.10 then paying 10,000 BTC for 2 pizzas means he literally paid $100 for 2 pizzas. Why the fuck would anyone do this unless it was some Michelin star restaurant?

>>12618871
Yeah I knew about BTC the month it rolled out and didn't bother. I was just a alcoholic who went on Reddit in between going out and getting wasted

Reddit had some implementation where your could gift each other BTC and it was treated as a joke, like, here's ¢3 for your gay comment lol

Anyways even if I had bothered to mine some (which people were doing on their desktop while they were at work, if I remember right) I would have cashed out the moment it was worth more than $1,000. And I don't mean 1btc=$1,000 I mean if my entire portfolio was worth that I would have pulled out and bought something dumb.

Honestly I still think they're worthless but I did not understand human nature as well as I do now. Very few same people predicted this. Most of the billionaire true believers are just lucky autistic who believe they understand. The only ones I respect are the cynics who treated it like a tulip bulb investment, cynically hyped tulip bulbs, and then cashed the fuck out. Bravo to those few. Fuck white papers, fuck crypto anarchy, that's all bullshit

everyone who spent $20 on a pizza in 2010 instead of buying 10k btc is in the same position as this guy. there is no logical difference between spending crypto and spending usd that could have been used to buy crypto.