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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
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Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Bitcoin Pizza Day: A review of the first transaction where Laszlo purchased pizza for 10,000 Bitcoins.
Introduction
In the history of cryptocurrency, Bitcoin Pizza Day is a memorable milestone. On May 22, 2010, programmer Laszlo purchased two pizzas for 10,000 Bitcoins. This transaction not only pioneered physical transactions with Bitcoin but also became one of the most representative stories in the history of cryptocurrency development. Let us revisit this legendary journey that changed the financial world.
Shocking! How many pizzas can Leslo's ten thousand Bitcoins buy?
On this special day of Bitcoin Pizza Day, we can't help but think back to that transaction that shocked the world. On May 22, 2010, programmer Leslo Hanyetz bought two pizzas with 10,000 Bitcoin, a transaction that became a classic example of the first cryptocurrency transaction. At the time, 10,000** bitcoins were worth just about $41**, which equates to $20.5** per pizza. Over time, however, the value of the deal changed dramatically.
| Year | Bitcoin Price | Value of 10,000 BTC | Number of Pizzas that Can Be Bought | |------|------------|-----------------|----------------| | 2010 | $0.0041 | $41 | 2 | | 2025 | $101,919.43| $1,019,194,300 | 49,716,307 |
From the table above, it is clear that the value of Laszlo's Bitcoin transaction has undergone an astonishing change over the 15 years. If calculated at the Bitcoin price of 2025, the 10,000 Bitcoins initially used to purchase two pizzas could now buy nearly 50 million pizzas! This number is enough to leave anyone speechless.
Revealing the Behind-the-Scenes Story of the First Physical Bitcoin Transaction in History
The origin of Bitcoin Pizza Day comes from a simple yet visionary idea. Laszlo posted on a Bitcoin forum hoping that someone would buy him pizza with Bitcoin. Eventually, a British Bitcoin enthusiast accepted the proposal and helped complete this landmark transaction. This was not only a milestone in the development of blockchain but also an important step for cryptocurrency moving towards real-world applications.
The significance of this transaction goes far beyond a simple pizza purchase. It was the first to prove that Bitcoin could serve as an actual medium of exchange, laying the groundwork for the future development of cryptocurrencies. Since then, Bitcoin and other cryptocurrencies have gradually integrated into our daily lives, changing the way traditional financial systems operate.
Bitcoin Pizza Day: How a Transaction Evolved into a Global Cryptocurrency Cultural Festival
Over time, Bitcoin Pizza Day has evolved into an important cultural holiday for the global cryptocurrency community. Every year on May 22, cryptocurrency enthusiasts around the world celebrate this special day in various ways. From hosting pizza parties to online discussions and exchanges, to special promotions offered by some pizza chains, Bitcoin Pizza Day has become an essential part of cryptocurrency culture.
It is worth mentioning that Binance's Bitcoin Pizza Day event has attracted widespread attention globally. These events not only reflect on the development history of Bitcoin but also showcase the potential applications of cryptocurrency in everyday life, further promoting the popularity and acceptance of cryptocurrency.
Conclusion
Bitcoin Pizza Day not only marks the historical moment of the first physical transaction in cryptocurrency but also witnesses the astonishing rise in Bitcoin's value. From the initial price of two pizzas valued at $41 to the astronomical figure that can now purchase nearly 50 million pizzas, it fully showcases the revolutionary potential of blockchain technology. This holiday has become an important symbol of global cryptocurrency culture, continuously driving the application and development of digital currency in daily life.
Risk Warning: The cryptocurrency market is highly volatile, and future price trends may be contrary to expectations. Investors should carefully assess their risk tolerance.