A Bitcoin is now worth $200. Did I mention that someone used 300 Bitcoins last week to buy a Porsche? And then there's the Bitcoin Pizza ...
Adam Rifkin stashed this in Bitcoin
Stashed in: Economics!, Reddit!, Cars!, Mother of God!, Money!, @hblodget, Charts!, bitcoin
Receipt for the Porsche Cayman S bought with 300 Bitcoins ($39,000) on April 3, 2013:
On April 3, Bitcoins were worth $130 apiece. Today (April 9) they are worth $200 apiece.
Which means that Porsche ACTUALLY cost $60,000. Ouch.
Reddit discussion:
http://www.reddit.com/r/Bitcoin/comments/18rani/porsche_cayman_s_for_bitcoins/
Did I mention that the U.S. government could outlaw Bitcoins, which would send their value to zero.
Source is 11 Things You Might Not Know about Bitcoin:
It's also helpful to see that three years ago (April 2010) Bitcoins were worth 0.3 CENTS each:
Bitcoin $200 means we're halfway to Henry Blodget's price target of $400:
http://pandawhale.com/post/18643/bitcoin-price-target-400-by-henry-blodget
Mother of God.
Bitcoin ended the day at $234.
Especially given that just three years ago, Bitcoins were worth one-quarter of one cent.
It was at this price when, according to Internet lore, Jacksonville resident Laszlo Hanyecz purchased a pizza for 10,000 BTC, or $25.
Vice's Brian Merchant actually had this story several days ago. But the pizza was then only worth $750,000.
Here's Hanyecz' original post, from Bitcointalk.org:
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.
Thanks,
Laszlo
As user The_egg_came_first points out on Reddit, that pizza has now cost the original purchaser over $2 million at today's prices.
At the time, Hanyecz updated a series of photos proving the purchase — here's one:
This episode is a big lesson and a big cautionary tale: Anyone transacting in Bitcoin is liable to feel like an idiot the next day, as the price surges or collapses.
Source is Rob Wile: http://www.businessinsider.com/2-million-bitcoin-pizza-2013-4
12:45 PM Apr 09 2013