The Bitcoin Pizza day
The most popular virtual currency does not stop rising and breaking new records, Since the end of March this year, the Bitcoin has been trading in a particularly impressive rally, the Bitcoin already jumped 360% in less than six months!
1 month ago was the seventh anniversary of the “Bitcoin-Pizza Day” – when exactly seven years ago, a young programmer named Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoin, in what was the first deal to be paid by Bitcoin. This description illustrates radically the recent rally in the virtual currency that has recently reverted to headlines and recorded sharp price gains in recent weeks, trading around $ 4,400 in the past few hours after breaching the resistance level of $ 4,000 during the previous week.
Exactly 7 years ago, Heintz believed that 10,000 Bitcoins in his possession were worth about $ 0.003 per coin, the programmer paid $ 30 for the two pizzas with 10,000 bitcoins. Heintz published a thread in a programmers’ forum in which he offered 10,000 coins of Bitcoin for those who will buy for him 2 trays of pizza. A young British man who read the post accepted the request and ordered two pizza trays from Papa John’s Company, which in turn handed the British 10,000 coins. If the programmer had kept the currencies, which currently stands at $ 4,400 per currency, he would have held a fortune of $ 44 million. Undoubtedly the 2 most expensive pizza trays in history.
It should be noted that one of the main reasons for the last rally in the currency is the Japanese regulator, which decided to allow retailers in the country to receive Bitcoin as a means of payment. In response to this, the purchases of virtual currency via the currency have soared by about 40% since the decision, which led to a sharp jump in the demand side for Bitcoin. In addition, political uncertainty has led to the currency being used as a kind of “digital gold” while traders are looking for investment alternatives.