If anyone should have become an overnight millionaire it should have been me. I've been involved in virtual economies for many years now (mmorpg gold exchanges) and if anyone should have had the foresight to become an early adopter of bitcoin it should have been me but instead I was wasting my time fucking around with virtual gold. I wake up every morning feeling depressed.
Laszlo should have been more depressed than you, although it appears the opposite.
Laszlo hasn't been around these forums much these days but he did pop back in a few months ago to reveal that he spent the vast majority of the bitcoins he mined in 2010:
I spent it all on pizza long ago: https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH4
3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza. I mean people can say I'm stupid, but it was a great deal at the time. I don't think anyone could have known it would take off like this.
Laszlo
3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza. I mean people can say I'm stupid, but it was a great deal at the time. I don't think anyone could have known it would take off like this.
Laszlo
I heard from one person who bought a house with their pizza bitcoins, indirectly, by trading it for cash first. Apparently it was a lot of hassle with the bank due to AML and just their general distaste for currencies they don't control. I wish I could say I did the same, but the pizza didn't appreciate the same way as the bitcoins
Thanks for the kind words guys.
The pizza thing was a lot more popular than I thought so I made good on as many trades as I could. Other than a little bit of single digit change, I spent everything I mined. As you all know, the difficulty rises to adjust to hashing power, so eventually the mining wasn't worth it for me...
...The way I looked at it, I was helping out with an open source project, and I was making pizza with my code...
...I ended up just leaving bitcoin on the back burner for a few years, then it exploded and people started asking me about the pizza trades. Every time the value goes up on exchanges, people email me asking me to comment on it, but really there isn't much more to tell than what I explained here.
The pizza thing was a lot more popular than I thought so I made good on as many trades as I could. Other than a little bit of single digit change, I spent everything I mined. As you all know, the difficulty rises to adjust to hashing power, so eventually the mining wasn't worth it for me...
...The way I looked at it, I was helping out with an open source project, and I was making pizza with my code...
...I ended up just leaving bitcoin on the back burner for a few years, then it exploded and people started asking me about the pizza trades. Every time the value goes up on exchanges, people email me asking me to comment on it, but really there isn't much more to tell than what I explained here.