The guy who bought pizza with Bitcoin was a programmer and early miner named Laszlo Hanyecz. Hanyecz made a post on a Bitcoin forum offering 10k Bitcoin for two large pizzas. Eventually someone took him up on his offer and delivered two Papa Johns pizzas. At the time, 10,000 Bitcoin was worth $41.
On May 22, 2010 Laszlo Hanyecz paid Jeremy Sturdivant 10,000 bitcoins (BTC) for two Papa John's pizzas which were delivered to Hanyecz's home. This exchange is widely celebrated because it is viewed as the first use of bitcoin in a commercial transaction with bitcoin as the medium of exchange.
Bitcoin Pizza Day: On May 22, 2010, Laszlo Hanyecz made history by using Bitcoin to buy pizza, marking a pivotal moment for cryptocurrency. May 22 is a day that holds a special place in the hearts of cryptocurrency enthusiasts around the world.
The day has become part of folklore, not because of the transaction, but more the price: the man in question paid 10,000 Bitcoins, which today is worth over $80 million, for the two pizzas.
As of March 2023, Laszlo Hanyecz's net worth is predicted to be $1 million. For the past five to six years, Laszlo has worked as an IT specialist. He also earns a solid salary as a freelance coder. But he could be a millionaire if he had the 10,000 bitcoins he used to buy pizza.
Today, that lowly 10,000 bitcoin haul would be worth a pie-in-the-sky $365 million. “I had no idea how huge it would become,” Sturdivant said. But despite losing out on boundless riches, the now-30-year-old said he is “proud to have played a part” in the “global phenomenon.”
The largest holder of Bitcoin is believed to be Satoshi Nakamoto, the pseudonymous founder of Bitcoin. Nakamoto is estimated to own approximately 1,000,000 BTC, worth around $27.13 billion.
According to historical data at Investing.com, Bitcoin's price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011. Then in February, it crossed $1. Just a few months later, in May, it briefly exceeded $8 – a stunning 8-bagger in mere months!
Question of the Day: In 2010, someone bought 2 pizzas for 10,000 Bitcoin (worth about $30). How much is 10,000 Bitcoin worth today? The value of 10,000 Bitcoin has actually decreased by about a quarter since last year! Answer: $284,986,000.00!
Current value of 10000 BTC in USD is 294,200,000 USD
This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 10000 BTC when 1 BTC is valued at 29,420 USD.
Satoshi Nakamoto (born 5 April 1975) is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database.
What is the all time high of Bitcoin? The all-time high of Bitcoin is $68,789.63.
The highest Bitcoin was trading against Indian Rupee in the last 30 days was 2.60M INR on July 13, 2023 at 21:09 UTC which means the highest value for 10000 BTC was 26.01B INR.
On May 22, 2010 Laszlo Hanyecz paid Jeremy Sturdivant 10,000 bitcoins (BTC) for two Papa John's pizzas which were delivered to Hanyecz's home. This exchange is widely celebrated because it is viewed as the first use of bitcoin in a commercial transaction with bitcoin as the medium of exchange.
The 'total' supply of Bitcoin is the maximum number of BTC tokens that there will ever be in circulation. As we have established, this figure is 21 million BTC tokens. However, not all BTC tokens are currently in supply. Right now, just over 19.4 million tokens are in 'circulation'.
BTC Price Live Data
The live price of Bitcoin is $ 29,335.19 per (BTC / USD) with a current market cap of $ 570.35B USD. 24-hour trading volume is $ 6.45B USD. BTC to USD price is updated in real-time. Bitcoin is -0.01% in the last 24 hours with a circulating supply of 19.44M.
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The short answer
So, $1,000 would have bought approximately 286 Bitcoins, not counting any transaction costs. As of April 27, 2021, Bitcoin trades for $54,680. That means 286 Bitcoins would be worth approximately $15.6 million today, assuming you held on to them for the past 10 years.
On October 12th, 2009 a member of the BitcoinTalk forum traded 5050 BTC for a sum of $5.02 via Paypal, which implies a price of $0.00099 per coin and one of the lowest prices per BTC ever recorded.
The lowest closing price for Bitcoin (BTC) all-time was $0.05, on July 18, 2010. The latest price is $29,800.86.
The maximum number of bitcoins that can ever exist is 21 million, and as of March 2023, over 19 million bitcoins have already been mined. This means that there are only around 2 million bitcoins left to be mined, and once that limit is reached, no more bitcoins will be created.
Since Bitcoin is a digital asset, it is more common for investors to misplace or forget what they have purchased. As a matter of fact, research reveals that, until 2022, 4 million Bitcoins, or the equivalent of USD140 billion based on current pricing, had been irreversibly lost.