So, I was casually browsing on the web and saw this hilarious story about Ryhan Serhant(agent) offered to buy 2 bedroom apartment in New York for 50,000 Bitcoin ($13,000,000) for his client on 2015. That's around $260 per Bitcoin on that time.
Now, that 50,000 Bitcoins is now worth $5B ($100k/btc). Yeah, that's a lot now and if that deal went through there will be for sure some holdings left on that seller but it didn't happen and the seller didn't like the idea and the worth of its valuation at that time because the value and the listing price of the apartment should be around $13,950,000 - $14,000,000 compared to the offer of the buyer which was valued less than approx a $1M.
Man, we gotta love all of these Bitcoin purchases in the past and the sellers didn't accept any of these offers. I'm sure that there are other documented purchases that ended up the same.
Wow, this is my first time coming across this in the internet, we are more conversant with the pizza man story than any other story that has happens in the past for bitcoin used for purchases. Maybe because the pizza man’s story was a successful transaction, it made it had more interest in people than any other one. In the past, the believe that people have on Bitcoin is different from what they have now, so it may be that at the time, you will not also accept to the deal too. You may want to just convert your Bitcoin to cash immediately after selling the house, so accepting that deal was going to be difficult one for anybody that time.
Even today, I won’t be surprised such transactions may be happening but because of the person’s perseverance to hold Bitcoin for a long time, they’ll immediately sell it and get their cash back. The volatile nature of the market can also make one not to accept the deal if not holding for the long term, so it was never the person’s luck and he never accepted the deal and shouldn’t be blamed or felt sorry for. If I sell my goods for Bitcoin today at $100K and in the next 10 years the price was already in $200K, I don’t think I should be felt sorry for because I wants result hold or have such patience.