Incredible Stories That Only Bitcoin Could Write

in #cryptocurrency9 years ago (edited)

Bitcoin's extreme price rises are bringing all sorts of curiosities and absurd stories to light. A selection.

When the programmer Laszlo Hanyec announced in an online forum on May 19, 2010, to buy two pizzas for 10.000 Bitcoin, many members still believed in a joke. The cryptocurrency was still in its infancy at the time and no one had ever come up with the idea of ​​paying with bitcoins. In fact, just a few days later, on May 22, 2010, a shop assistant offered Hanyec the two pizzas for the price he had just awarded. At that time, the 10,000 bitcoins corresponded to a purchase price of around 40 US dollars.

Bitcoin: The $ 160 Million Pizza


This story would probably be forgotten if Bitcoin had not gained so much in recent years. Only yesterday cracked the world's most famous cryptocurrency, the new record of $ 16,000. In retrospect, Hanyec should therefore deeply regret the purchase: For today, he would have paid an incredible $ 160 million for the two pizzas.

Asked about his faux pas in 2013, Hanyec said in an interview "Bitcoins did not have a real value back then, so the idea of ​​trading them for a pizza was pretty cool. Nobody knew what would become of it a huge thing. "After all, one thing has remained the programmer: On May 22 each year, the community now commits the Bitcoin Pizza Day.

Early school leavers become millionaires with Bitcoins


However, the extreme price increases of Bitcoin also bring many winners. Like Erik Finman: At the age of just twelve, when he manages to become a millionaire before his eighteenth birthday, the American, with his parents, bets not to go to college. As a result, Finman decided to invest in bitcoins. He had already learned from the crypto-currency and the technology behind it from conversations with his brother.

Erik Finman dropped out of school - and became a millionaire with Bitcoin.

"My grandmother gave me a $ 1,000 check for my scholarship fund - which I used for my bitcoin investment in May 2011," "I bought at a price of dollars per coin back then and had a strategy in mind. I buy so cheap and sell so expensive - every single day. Even if the difference was only 50 cents, "explains Finman.

At the end of 2013, Finman sold his bitcoins at a price of $ 1,200. Thus, he had increased his stake hundredfold: From $ 1,000 to $ 100,000. With the money Finman founded an online platform where frustrated students can chat with teachers via video chat. With success: Two years later, a buyer offered for the acquisition of the platform $ 100,000 in cash or 300 Bitcoin. Finman again opted for the interim crisis cryptocurrency and was able to increase his assets thanks to massive price gains to over one million dollars.

Dutchman sells all his belongings to invest in Bitcoin


Not rich yet, but Didi Taihuttu has the dream of becoming Bitcoin. After the father of the 39-year-old Dutchman died of cancer, he and his wife and children decided to make a complete restart last summer. Among other things, Taihuttu sold his house and invested the proceeds in Bitcoins. Also his car and clothes are to be exchanged for the cryptocurrency.


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Well Bitcoin certainly has its own history too, however here we are having a rapid growth and increase everyday

Agree, and in my opinion it's only the beginning.

Wow! These are great motivational stories. Can't wait to invest in bitcoin someday!

Yes, and im steem will also be huge soon :-)

This is definitely motivation to educate myself on cryptocurrency and bitcoins. Who knew... I was just having fun learning how to blog.
Thanks!

My pleasure :-)

Amazing how new technologies are capable of changing the life of it’s early users!

This is a vivid example of how people's belief in the value of bitcoin increases its cost. Once people stop believing that bitcoin is valuable, it will become a pacifier. Good luck to you and good.

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