bitcoin_pizza

Laszlo Hanyecz

Laszlo Hanyecz (laszlo) made the first documented purchase of a good with bitcoin when he bought two Domino's pizzas from jercos for 10,000 BTC. laszlo had made contributions to Bitcoin's source code in the past.

Pizza Index

The Pizza Index is the value of the bitcoins spent on the pizzas, were they to be sold rather than spent on pizza. It started at $41 when the transaction actually occurred, and rose significantly since then, topping at $15.5 million in April 2017.

Bitcoin Pizza Day

To commemorate the transaction, May 22 is dubbed Bitcoin Pizza Day. Pizza providers worldwide offer discounts to bitcoin users to commemorate laszlo's purchase.

Someone in 2010 bought 2 pizzas with 10,000 bitcoins — which today would be worth $20 million

• May 22, 2017, 11:11 AM
• 64,751

Laszlo Hanyecz bought these pizzas for 10,000 bitcoins on May 22, 2010. Laszlo Hanyecz

On May 22, 2010, a developer bought two pizzas using 10,000 units of a then-little-known digital currency called bitcoin.

Today, 10,000 bitcoins are worth more than $20 million (ВЈ15.4 million).

Bitcoin is going nuclear. Its price is tearing upward, with each bitcoin worth $2,128 (£1,638) — a little shy of its all-time-high of $2,185 (£1,682) reached earlier Monday morning.

Just a year ago, it was trading at just $443 (ВЈ341), after deflating from what was then seen as the giddy highs of about $1,100 (ВЈ847) in late 2013. It has since embarked on an epic bull run.

"The Japanese have caught the Bitcoin bug and inefficiencies across markets are being exposed," CryptoCompare founder Charles Hayter said in an emailed comment. "Irrational exuberance is taking hold as the Japanese stumble over each other to enter the Bitcoin market and drag up international prices."

The digital currency has come a long way since 2010, when the purchase of the two Papa John's pizzas by Laszlo Hanyecz from another bitcoin enthusiast marked what is believed to be the first "real-world" bitcoin transaction.

"I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!

"I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.

"If you're interested please let me know and we can work out a deal."

Ten thousand coins were then worth about $40 (ВЈ30). A British user agreed to buy the pizza for him, and even at the time the buyer got a good deal out of it: The person paid only $25 (ВЈ19) for the two pizzas.

Today, 10,000 bitcoins add up to about $20.5 million (ВЈ15.8 million).

The #Bitcoin pizza is worth $20,509,958 today. (-0.15% from yesterday) Today is Bitcoin pizza day!

— Bitcoin Pizza (@bitcoin_pizza) May 22, 2017

"It wasn't like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," Hanyecz told The New York Times in 2013. "No one knew it was going to get so big."

Bitcoin is on an epic bull run, soaring to all-time highs. Coindesk

8 years ago, a programmer paid 10,000 bitcoins for 2 Papa John's pizzas — now it's the most celebrated day in crypto

John Schnatter, the founder of Papa John's, at the 2011 American Music Awards in Los Angeles. Thomson Reuters

• In 2010, a programmer traded 10,000 bitcoins for two Papa John's pizzas.
• Today, those coins would be worth more than $80 million.
• In honor of that purchase, the crypto world celebrates Bitcoin Pizza Day on May 22.
• Watch bitcoin trade in real time here.

Happy Bitcoin Pizza Day!

On May 22, crypto enthusiasts around the world celebrate the anniversary of one of the earliest bitcoin purchases: two Papa John's pizzas for 10,000 bitcoins.

Laszlo Hanyecz, a programmer, purchased the two pizzas in 2010 from another person in Jacksonville, Florida, according to The New York Times. In an interview with the newspaper in 2013, Hanyecz didn't sound too broken up about the deal.

"It wasn't like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," Hanyecz said.

Still, those coins would be worth $82 million at bitcoin's Tuesday price of $8,200 a coin, according to Markets Insider data. There's a Twitter account that provides a daily update on how much the pizzas would have cost based on the latest price of bitcoin.

For its part, CoinDesk released a 'Bitcoin Pizza Day' Price Tracker on Tuesday.

eToro sent Business Insider UK a pizza to celebrate the day. Here's a tweet from finance reporter Oscar Williams-Grut:

Bitcoin gained worldwide attention at the end of last year as it soared close to $20,000 a coin and infiltrated trading and investment firms across Wall Street. But its origins trace back to 2008 and an anonymous creator known as Satoshi Nakamoto, whose vision was to create a rival financial system based on a technology called blockchain.

Still, many merchants are wary of accepting bitcoin because of its spine-tingling volatility. Last year, Morgan Stanley described the lack of places to buy goods with bitcoin.

"The disparity between virtually no merchant acceptance and bitcoin's rapid appreciation is striking," the analysts wrote.

That hasn't kept Wall Street away. Several top trading firms are active in crypto markets, including DRW and Virtu Financial. Meanwhile, Goldman Sachs is preparing to launch a bitcoin-trading operation, and Morgan Stanley has been looking to beef up its equity-research unit with crypto experts.

Happy Bitcoin Pizza Day!

Today, May 22, marks the eighth annual Bitcoin Pizza Day, commemorating an important milestone in the journey to mainstream bitcoin adoption.

On this day in 2010, Florida-based programmer and early cryptocurrency enthusiast Laszlo Hanyecz enshrined his name in bitcoin lore by paying someone 10,000 bitcoins to order him two pizzas from his local Papa John’s restaurant. The purchase is believed to have been the first time that bitcoin was used in a real-world transaction. Today, those coins are worth nearly $82 million.

Source: BitcoinTalk

“It wasn’t like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Hanyecz famously said in a 2013 interview with The New York Times. “No one knew it was going to get so big.”

Hanyecz later christened the nascent Lightning Network (LN) with a similar purchase, though it cost him just 0.00649 BTC (

$53) this time around.

If you’re lucky, you can commemorate Bitcoin Pizza Day at a restaurant that accepts bitcoin directly (CoinMap curates a non-exhaustive list). Don’t worry, the going rate is no longer 10,000 BTC.

— Miss Sheree (@missdiorsheree) May 22, 2018

If not, you can use your BTC to purchase a gift card to your favorite pizza restaurant. Gyft and eGifter are two popular gift card providers that accept bitcoin — and the latter is currently running a sale on Dominos gift cards.

It was still a bit early for pizza in the Western Hemisphere at the time of writing, but cryptocurrency users on the other half of the globe have already shared pictures of their celebratory slices across social media.

Cryptocurrency trading platform and brokerage firm eToro sent a “literal bitcoin pizza” to the offices of financial publication Business Insider UK.

— Oscar Williams-Grut (@OscarWGrut) May 22, 2018

Satoshi Labs, meanwhile, celebrated with a pineapple-and-jalapeno topped pie — a recipe it dubiously described as Satoshi’s true vision.

Cryptocurrency hardware wallet manufacture Ledger even released a special “pizza day” edition of its classic Nano S wallet, which is limited to 1,337 units.

Much has changed over the past eight years. The bitcoin community has exploded in size — and experienced contentious debates about the future of the protocol, not to mention the wider ecosystem. But while arguments over blocksize, ASIC mining, and initial coin offerings may frequently divide us, Bitcoin Pizza Day provides us with an opportunity to focus on what unites us — a passion for cryptocurrency and a love of good pizza.

Bitcoin Pizza Day: Celebrating the $80 Million Pizza Order

May 22, 2018 marks the eight-year anniversary of the first Bitcoin transaction, in which a Florida man paid for two pizzas with the cryptocurrency. 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. (See also: New Bitcoin Price Record: Over $2,000 Per Coin)

On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. Organized on bitcointalk forum, the Florida man reached out for help. "I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day," Hanyecz wrote.

"I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!"

A British man took up Hanyecz's offer and bought the two pizzas for him in exchange for the 10,000 Bitcoins. Even then the recipient of the Bitcoins got himself a bargain, paying $25 for the pizzas, while 10,000 Bitcoins were worth around $41 at the time. (See also: Basics For Buying And Investing In Bitcoin)

Since the inception of Bitcoin, Hanyeczs' pizzas have got more and more expensive. Nine months after the purchase, Bitcoin reached parity with the U.S. dollar, making the two pizzas worth $10,000 and in 2015 -- the fifth anniversary of Bitcoin Pizza Day -- the two pizzas were valued at $2.4 million. Today, Bitcoin is at just over $8200, making the pizzas worth. you get it. (See also: The 6 Most Important Cryptocurrencies Other Than Bitcoin)

Despite the astronomical rise in the price of Bitcoin it seems Hanyecz is not phased about his deal. "It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," Hanyecz told the NY Times.

Bitcoin Pizza Day: Celebrating the Pizzas Bought for 10,000 BTC

Today, bitcoiners the world over will celebrate the anniversary of the most expensive pizzas in history.

Bought on 22nd May 2010 by Laszlo Hanyecz, the programmer paid a fellow Bitcoin Talk forum user 10,000 BTC for two Papa John's pizzas. Back then – when the technology was just over a year old – that equated to roughly $25, but is $5.12m by today's exchange rate.

At bitcoin's all-time high last December, the pizzas would have been worth an eye-watering $11.47m, making them likely candidates for the most expensive pizzas of all time.

Now widely recognised as the first real-world transaction with bitcoin, May 22nd has come to celebrate 'Bitcoin Pizza Day', with cryptocurrency enthusiasts raising a slice to Hanyecz's infamous hunger pangs that paved the way for early merchant adoption.

@BlueJayKay5 @CookiePounder Not on island at the moment, so I'll be celebrating #BitcoinPizzaDay with a big slice of Ham & Pineapple ;)

— Mrs P TheBitcoinWife (@TheBitcoinWife) April 30, 2014

Then and now

"It wasn't like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," Hanyecz told Nick Bilton in a recent interview with The New York Times. "No one knew it was going to get so big."

Yet, the picture today is vastly different. Worldwide, there are more than 70,000 merchants accepting the young currency, with block chain transactions now averaging over 57,000 per day.

In addition, data from coinmap.org indicates that more than 100 brick-and-mortar stores currently accept bitcoin for pizza – and this number is on the rise.

Business tie-ins

Retailers are getting in on the action, too. eGifter, the popular gift card platform is giving away extra points to customers purchasing Domino's, UNO and Papa John's gift cards using either bitcoin, litecoin or dogecoin.

The company is also providing a 10,000-point prize in honour of the 10,000 BTC used in Hanyecz's transaction.

E-commerce platform provider snapCard is similarly commemorating Bitcoin Pizza Day by giving away 150 cheese pizzas for $0.99. At press time, the company was reporting an enthusiastic response, with roughly 30 orders placed in the first 10 minutes of the offer going live.

Closer to CoinDesk's headquarters, Takeaway.com lets UK customers choose from over 7,500 listed restaurants for home delivery, many of which may not even realise they are accepting the currency (albeit indirectly). After a quick postcode search for 'pizza' outlets, we decided to put the service to the test.

Surely enough, Papa John's – Hanyecz's brand of choice – came top.

A few clicks and a Blockchain web wallet workaround later (a drawback of using iOS) the pizzas were on their way.

Freshly-delivered Papa John's pizza at the CoinDesk office - Happy #BitcoinPizzaDay everyone! pic.twitter.com/CdEHOrujdr

How will you celebrate Bitcoin Pizza Day? Why not head to your local joint and raise a slice to Laszlo Hanyecz, whose late-night escapade changed bitcoin forever.

Who knows, maybe one day your pizzas could be worth $5.12m too.

Pizza image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more

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Golf handicap tracker, why can't I get to it?

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Rahyaftco@yahoo.com

RYAN RAHSAD BELL literally means

Question on a link

In the search for Anaïs Nin, one of the first few links shows a picture of a man. Why? Since Nin is a woman, I can’t figure out why. Can you show some reason for this? Who is he? If you click on the picture a group of pictures of Nin and no mention of that man. Is it an error?

Repair the Yahoo Search App.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and I signed in so he could try to fix the Yahoo Search App not working. He also used another phone, installed the app from the Google Play Store to see if the app would do any kind of search thru the app. The Yahoo Search App just wasn't working.

I also had At&t try to help me because I have UVERSE for my internet service. My internet was working perfectly. Their Technical Support team member checked the Yahoo Search App and it wouldn't work for him either.

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No matter what I search for or website thru the Yahoo Search App it says the following after I searched for
www.att.com.

WEBPAGE NOT AVAILABLE
This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.

Yahoo needs to fix the problem with their app.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more

Bitcoin Pizza Day: Celebrating the $80 Million Pizza Order

May 22, 2018 marks the eight-year anniversary of the first Bitcoin transaction, in which a Florida man paid for two pizzas with the cryptocurrency. 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. (See also: New Bitcoin Price Record: Over $2,000 Per Coin)

On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. Organized on bitcointalk forum, the Florida man reached out for help. "I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day," Hanyecz wrote.

"I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!"

A British man took up Hanyecz's offer and bought the two pizzas for him in exchange for the 10,000 Bitcoins. Even then the recipient of the Bitcoins got himself a bargain, paying $25 for the pizzas, while 10,000 Bitcoins were worth around $41 at the time. (See also: Basics For Buying And Investing In Bitcoin)

Since the inception of Bitcoin, Hanyeczs' pizzas have got more and more expensive. Nine months after the purchase, Bitcoin reached parity with the U.S. dollar, making the two pizzas worth $10,000 and in 2015 -- the fifth anniversary of Bitcoin Pizza Day -- the two pizzas were valued at $2.4 million. Today, Bitcoin is at just over $8200, making the pizzas worth. you get it. (See also: The 6 Most Important Cryptocurrencies Other Than Bitcoin)

Despite the astronomical rise in the price of Bitcoin it seems Hanyecz is not phased about his deal. "It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," Hanyecz told the NY Times.

Moon Missions and Custom Wallets: Bitcoin Community Celebrates Pizza Day

On May 22, the bitcoin community celebrated the second most important date in its calendar. No other date, save for January 3, 2009 when Satoshi mined the genesis block, is more symbolic. It was on May 22, 2010 that Laszlo Hanyecz purchased two pizzas for 10,000 BTC. Eight years on, the occasion has become part of bitcoin’s mythology.

Remembering the $83 Million Pizza

On May 18 2009, Laszlo posted a thread on the Bitcointalk forum entitled “Pizza for bitcoins?” In it, he explained: “I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”

Laszlo then went on to list his favorite toppings, before specifying “just standard stuff no weird fish topping or anything like that”. Within days he had a buyer and the deal went through on May 22. The event is symbolic, not so much for the value of those 10,000 BTC today, but because it marked one of the first public instances of bitcoin being used as a means of payment. The pizza thread, like the value of BTC, has since grown and grown, and today runs to 73 pages, having been viewed around 750,000 times.

Pizza Wallets and Pizza Moon Missions

Every year on May 22 the bitcoin community now competes to despatch the best pizza tweets and branded products, all tied to that then-minor but now massive day in 2010 when bitcoin proved its worth. It hasn’t stopped proving it ever since. To mark the occasion today, Bitstamp has calculated how far $83m of pizzas would stretch, using the following formula:

10,000 BTC * 8,400 USD (1 BTC) = 84 million USD
84 million USD / 15 USD (1 pizza price) = 5.6 million pizzas
5.6 million pizzas * 14 inches (diameter of a large pizza) = 1237 miles
1237 miles / 248 miles (average altitude of the ISS) = 4.9

PIZZA TO THE MOON: In 2010, a Florida man bought two large pizzas for 10.000 #Bitcoin. Today, this could buy you enough pizzas to get to the International Space Station five times. #whenmoon Happy #BitcoinPizzaDay! #BTC #bitcoin pic.twitter.com/OuPeXC93CM

Hardware wallet manufacturer Ledger has gone one better, creating a limited edition Pizza Day Nano S. Just 1,337 of the units will be issued, each coming in a special Laszlo’s Pizza box complete with a sachet of red chilli pepper oil, for those who like to spice up their cold storage.

As for the man who made this infamous anniversary come about, history records that Laszlo sold most of his bitcoins at around $1 apiece but, having contributed to its early source code, and done his bit to ensure real world adoption, he regrets nothing. In the crypto community, Laszlo Hanyecz’s actions will always be the ultimate “Florida man” story, destined to be commemorated faithfully every May 22 forevermore.

Would you buy a limited edition Pizza Day wallet? Let us know in the comments section below.

Images courtesy of Shutterstock, and Ledger.

Need to calculate your bitcoin holdings? Check our tools section.

Eight years ago today, someone bought two pizzas with bitcoins now worth $82 million

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Today is Bitcoin Pizza Day. Eight years ago, on May 22, 2010, a programmer purchased two large Papa John’s pizzas for 10,000 bitcoins, worth about $30 at the time. It’s widely believed to be the first purchase of a product with bitcoin, proving the then-nascent cryptocurrency’s potential as a means of payment.

Bitcoin was less than two years old when Laszlo Hanyecz decided to spend some of the coins he had mined on some real-world goods. The coins were worth just a fraction of a cent at the time, and no merchant accepted them as a means of payment. So he posted on the main gathering place for bitcoiners at the time, the Bitcointalk forum:

I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!

Another user, who went by “jercos” on the forum, took Hanyecz up on his offer. Hanyecz sent the bitcoin to jercos, who then placed the pizza order. The transaction had to be finalized over internet relay chat, according to the Bitcoin Wiki. Since then, the price of bitcoin has taken off, and those two pizzas would be worth a lot more at the going rate for 10,000 bitcoins. How much more? Roughly $82 million for the order, or more than $4 million per slice:

This February, Hanyecz made a similar transaction, sending about $67 worth of bitcoin—that is, 0.00649 of a bitcoin—to a friend in London for two pizzas delivered to him in Florida. The coins were sent over the Lightning Network, a system that bitcoiners hope will keep bitcoin transaction fees low.

Hanyecz’s point with making another pizza purchase? To prove that bitcoin could remain a viable payment system with the addition of the Lightning Network. “Maybe eventually pizza shops will have their own Lightning nodes and I can open channels to them directly,” he wrote on the mailing list for Lightning developers.