Just 2 Pizzas Until Bitcoin Reaches $13,000

in bitcoin •  7 days ago

Screen Shot 2017-12-06 at 5.41.28 PM.png


If a Pizza Hut Pepperoni sells for $15 (roughly), then two Pepperonis with a bit of extra cheese and spicy tomato sauce will make just $34. Or just about enough for the price of Bitcoin to reach $13,000.

For those of you slower at math (me included) that means Bitcoin is trading, on average, at $12,996.

The drive is coming again from Korean exchanges, Bithumb and Coinone seeing both prices around $14,500. An interesting point is that, for the first time (as far as I know) Bithumb traded the highest daily volume, with almost $10 billions.

It's still a mystery for me why this specific place on the planet is seeing such an increase in price, but I think, at some point, we will find out.

As a consequence, pretty much all the alts are appreciating, with an interesting penchant towards privacy oriented tokens: both XMR and ZEC are trading above $300 now.

And it's not even Christmas. Yet.


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Interesting. I think we all believe and know there's a correction coming... just when and how big right? I'm for one as I'd like to pick up a lil' at a discounted price. The rise has been soooo fast and furious that it's bound to happen.......

I wonder how long it took you to choose a type of Pizza for this metaphor.

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The post hints at the famous 2 pizzas for 10,000 BItcoin, if you know the story...

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Wonder how many bitcoins that person has now.

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Ah!! that... it's a famous story... now I wonder why I didn't link it in my mind as soon as I saw your post. I like @gniksivart wonder how many BTC they have now!!

It's still a mystery for me why this specific place on the planet is seeing such an increase in price, but I think, at some point, we will find out.

They probably don't like the war games going on right now.
U.S. B-1B bombers to fly over Korea in joint exercise

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this doesn't smell good

Do you think the poll you conducted still matters :P ,because I think Bitcoin is out to prove everyone wrong :D

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I was thinking about that, looks like there is no chance of a pullback. We'll see.

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It's not the 8th yet, I still hope I was right with my prediction (famous last words) :))

no idea what's causing it.

complete mystery.

within few hours that much gain this is insane

Mysterious world of cryptos!

Yeah, I was wondering if people are using bitcoin to send money if they have family on the "other side" of Korea.

The fact that privacy coins are increasing isn't that surprising. Will be something we continue to see as the need for anonymity increases.

I keep saying that the price is going to correct very soon but I've been proven wrong since the 8000 dollar price tag. Well, crypto is very unpredictable!

I'm hopping for some dips for Christmas :))) I'm addicted to cypto bargains I guess

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2 bitcoin for the price of 1 ? :-)

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I would definitely say yes to that :)

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i would not even mind a bite of a coin lol

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Crypto "black friday" would be awesome.

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It's black Friday every time a correction happens, because retailers "pump" their prices before black Friday and then "dump" their products at "reduced" prices just like cypto pumps and then the prices comes back down :)

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Very true.

BTC is going past the moon!