I'd probably be severely depressed and/or suicidal if this were me.

I don't think so, since the one that did it, probably lost his wallet anyway.

Got a pc instead of investing in btc like I wanted would of had like three fiddy.

Eh, I'm sure the guy had more if he had 10k lying around. Plus, that's sorta *the* transaction that made bitcoin legit

@squirvel But still...$100m for like $30 worth of pizza.

If he knew what's gonna happen in next 5 or 7 years, he probably would have traded the 10,000 coins with poison. Because he would know that the guy from above gif would became POTUS earlier than the rest of the world. LOL.

You mean that he should feel bad for not predicting the price on an unregulated newly introduced form of currency which is the most volatile asset that ever existed? Keep in mind that BTC trend can be downward as it can be upward. 5 years from now we could have the exact same discussion only people will say "look at this guy! He had 10btc and didn't sell them when they reached 50k each. He must be banging his head now that it is at 500£"...

I sold my first bunch of mined bitcoins for pizza, lots of pizza. Takeaway.com in my country was among the first to start accepting it for orders. 2BTC per big pizza (1BTC being around $7), so $20k per pizza in 2017. I have ordered dozens.

I bought a shitload of computer parts. Gave away a bunch of whole bitcoins to random people. I donated a lot to EFF, Wikipedia, Red cross, etc.

I kept a bunch, and when they were around $100, I used most of them as down-payment for my home, 85BTC.

If I had kept all of it since the start, I would have been a multimillionaire.

Not suicidal, zero regrets. The last decade has been good to me, in part because I spent my bitcoin in exchange for things which made me happy.

The next decade... I'm sure I'll survive without millions in my bank.

I have read from many people who suffer from depression about losing their 10k or so bitcoins. But life goes on. You can still acquire some Bitcoins and other shitcoins.

@bittersweet I'd be ok with your situation though. You actually got things out of it. Pizza, computer parts, the joy of helping people (thanks for helping Wikipedia. It pisses me off to hear people spew the ignorant stereotypical it's not reliable bullshit) through donations, and most importantly, several pizzas.

However, it's a bit different than this is. He traded away a shit ton of BTC for virtually nothing. If it were like 5 to 10 BTC for pizza, that's ok. But 10,000 is extremely high lol

@TamalAnwar And the reality is, you could have bought bitcoin at any point (including NOW), but at any point the coin could have collapsed to zero.

It's not a rational investment. Most of the current value is derived from hype and brand recognition, not from actual usability and features.

Ppl mocking this 10k BTC transaction lack the understanding that back in 2010, no one gave a shit about BTC. And if ppl didn't start doing deals like this, noone would give a shit still. Transactions like these is what drove BTC forward in the early days. It wouldn't be where it is, if not for ppl trading thousands of BTC for pizzas.

@divil That is true for currencies and stores of value alike, even gold has very little intrinsic value (try eating it... doesn't taste great)

I think it doesn't matter whether you see BTC as a store or value like gold, like a giral accounting system, or a fiat currency like pseudo anonymous physical cash. It's not either/or, it's all of that.

I think it's biggest problem is the proof of work system, which draws too much power and locks up the system with high transaction fees during periods when trust in the system is most important.

As it stands, I feel bitcoin must change dramatically or it will bubble and pop eventually — blockchains as an innovation will stick around for a long time regardless.