Someone in 2010 bought 2 pizzas with 10,000 bitcoins — which today would be worth $​​1​36​ million​!​

 

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

Today, the price of a single bitcoin has hit $10,000 — making 10,000 of them worth a staggering $100 million (£75 million).

Bitcoin is going nuclear. Just a year ago, it was trading at less than $750, after deflating from what was then seen as the giddy highs of about $1,100 (£847) in late 2013. It has since embarked on an epic bull run.

“10k is a seminal moment for bitcoin and cryptocurrencies in general,” CryptoCompare CEO Charles Hayter said in an emailed statement, “highlighting the supernormal returns and speculative like nature of the industry as well as the potential and growing adoption.”

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.

He posted on the Bitcoin Talk forum on May 22, 2010, writing (emphasis ours):

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 (£30). 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 (£19) for the two pizzas.

The date is now marked on an annual basis by bitcoin users in a lighthearted celebration known as “Bitcoin Pizza Day.”

And today, 10,000 bitcoins add up to about $100 million (£75 million).

“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.”​

£80 Million Bitcoin Hard Drive Is At The Bottom Of A Landfill!

James Howells of Newport, South Wales, stored what has now amounted to £90 million worth of bitcoins on a hard drive. Sounds like good news, right? Well, the kicker is the that the hardrive he stored those Bitcoins on is currently buried under a landfill.

In 2013, Howells threw away the old hard drive he had used to mine Bitcoins.
In an attempt to get permission to dig for his old hard drive, Howells told Wired that he has been in touch with the Newport City Council. So far, though, he’s had no luck.

Howells wrote, “Digging up a landfill is not as easy as just digging a hole in the ground.” Assuming Howells does get permission to conduct a search, it would be the first dig of its kind authorized in the U.K.

Why COLX?

Why did I choose COLX:?

Quite simply, I believe it to be the very latest and the very best Cryptocurrency available today.

History has an uncanny knack of repeating itself and, if you remember, ALL cryptocurrencies, including Bitcoin, started out life at zero!

There has been ongoing developments and improvements since the inception of the original Bitcoin code in 2009 and following the ancestral history behind COLX you’ll begin to see why I chose this one.

    • 2009 Great Grandfather ‘Bitcoin’ – Current Price $19,100.00
    • 2014 Grandfather ‘Dash’ – Current Price $1,201.64
    • 2016 Father ‘Pivx’ – Current Price $8.26
    • 2018 New Born ‘COLX’ – Current Price $0.0002

Obviously, nothing in this life can ever be 100% guaranteed, look at Northern Rock and Lehman Brothers for example; this is a very speculative adventure, but I’m putting all my money on this little baby and am very excited to see what the future holds in store for her now.

Also, COLX is a ‘Proof of Stake’ (POS) Coin. Proof of Stake has the advantage of not being devalued by people mining the currency. There is only a finite amount of COLX and you can only get it by buying it. Only then through ‘staking’ can people earn a fixed rate of return on their coins. Staking is very efficient so even old computers can do it; it uses negligible power and computer resources while running seamlessly in the background.

Good Luck!

And Happy Staking…