Most Famous Bitcoin Transactions

0 25


In the following article, we will look at the most famous Bitcoin transactions in history,in order to preserve a few memorable pieces of Bitcoin’s amazing history.

It may be a great surprise for some of our readers that our list of most Famous Bitcoin Transactions in History starts with a Bitcoin transaction that involved the purchase of two boxes of pizza. Crypto enthusiast might already pick up on this and know that this is the story of programmer Laszlo Hanyecz who, paid 10,000 Bitcoin (worth $25 at the time of transaction) to buy two pizzas on May 22nd, 2010. He didn’t expect that would result in the most expensive pizzas ever bought. Today, that amount in Bitcoin is worth over $7 million. If he would have Still kept the Bitcoin until the crypto market boom in 2017, he would have got somewhere around $70 million.

The first block was added to the Bitcoin block on January 2009. Not long after, the first ever Bitcoin transaction took place on January 12th, 2009. It happened at block height 170, and it took place between the late Hal Finney (one of the lead developers of the project) and Satoshi Nakamoto (Bitcoin’s mysterious creator). The transaction involved Nakamoto sending Finney 10 BTC.

“A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we’re trying a decentralized, non-trust-based system.”

“Satoshi Nakamoto”

Nowadays, there are probably many crypto millionaires use Bitcoins to buy cars, jets, and houses. However, one of the first purchases of this type was a Florida-based car enthusiast purchased a Tesla Model S in December of 2013 when using nothing but Bitcoin. The Lamborghini Newport Beach car dealership accepted 91,4 Bitcoins, or $103,000 via BitPay for the brand new Tesla.

Genesis Mining, major Bitcoin cloud mining company left the crypto world shocked when its first peer-to-peer financial transaction made its way beyond the earth, into the space.

In an attempt to raise awareness of Bitcoin (and cryptocurrencies, in general).

Genesis Mining had the brilliant idea to send Bitcoin into space.

This was done with the help of weather balloon that transported a 3D model of bitcoin with a paper wallet attached on its back. due to this,Genesis Mining set a new world record of sending Bitcoins to a Bitcoin address which was flying at an altitude of 34 km.

In the fall of 2013, a 194,993 Bitcoin transaction took place, making it the largest ever most Famous Bitcoin Transactions till this day. At the time, the value of the transaction was over $149 million, as the 1 Bitcoin was about $729 then.

also, It is no surprise that the Bitcoin community remarked a transaction of this magnitude.

despite the community’s detective work, nobody knows what the transaction was really about.

where did the money go, and what things did the receiver do with them.

also,On January 2014, PrivateFly.com, a private jet booking service announced that thery would accept Bitcoin as a payment method. Not long after, the company announced that they had their first Bitcoin passenger who traveled from Brussels to Nice. The flight charted by tech entrepreneur and Bitcoin Foundation member Olivier Janssens. The fact that neither Janssens nor PrivateFly didn’t give any information of total cost of the transaction is interesting in this story.

On July 1, 2014, online black market Silk Road forcefully shut down by the U.S. government. The government seized roughly somewhere around 144,000 Bitcoins. The auction of coins involved a three-part auction. At the first auction, 30,000 Bitcoins sold to venture capitalist Tim Draper. At that time, 30,000 Bitcoins were worth somewhere around $19 million.

You might also like

Pin It on Pinterest

Share This

Share this post with your friends!

WhatsApp chat