Taking A Look At Some Bizarre Bitcoin Stories

From the moment digital currencies became a thing, people’s fascination with them was at a high level. Starting with Bitcoin more than a decade ago, as soon as it appeared it was in the center of attention and it hardly ever looked back since. A new, digital type of money that has a potential to change the way we do business and think about finances. What is there not to be intrigued by and fascinated with?

Of course, Bitcoin is among the most talked-about subjects these days. The year 2021 has mostly been positive for this cryptocurrency as it managed to reach new heights and break new records a while ago considered impossible to overcome. Not only did it manage to reach $63,000 at one point, but many experts even think that it has the potential to reach $100,000 by December. This was thought for a while but it still came on quicker than most enthusiasts hoped.

Current Goings-On

Source: pexels.com

This newfound excitement is exactly why many traders are eager to register to its network and make a profit with this cryptocurrency. A new wave of miners and investors came rushing through the doors from the end of 2020 and throughout 2021. While many focus on the process of making money with Bitcoin and explaining what makes it so superior, we wanted to shift our focus towards entertainment and explore the more bizarre and peculiar side of the leading virtual currency.

With that being said, we are now going to take a closer look at some of the most bizarre Bitcoin stories that have occurred over the years since its introduction. Without any further ado, let us take a deeper glance at the most fascinating stories in the history of the most valuable crypto.

Pizza Was Bought for $366 Million Worth Of Bitcoin

Source: globalcrypto.tv

First off, we have the classic story of selling or trading assets while they are still worth pennies. The first official transaction made with Bitcoin was on 22 May 2010, when a guy named Laszlo Hanyecz used 10,000 Bitcoins to purchase two pizzas at Papa John’s in Jacksonville, Florida. Now, at the time, the value of a single was very low and it was still relatively unknown to the wider public. The check came to $41 for the pizzas.

Today of course, a balance of 10,000 BTC in your electronic wallet would instantly make you one of the most successful crypto investors in the world, since the amount given to pay for two large pizzas would be $366 million. Those must have been some tasty pizza, right? It is unknown who currently owns BTC from that transaction. Today, in the world of crypto, May 22 is known as “Bitcoin Pizza Day.”

The 15-Year Old Kid Who Made A Fortune

Source: businessofbusiness.com

While most 15-year olds make incredible achievements in science and art and are wonderkids in things people are used to hearing about, the case with Eric Finman was a tad bit different. This kid reportedly received $1,000 as a gift from his grandmother, but instead of using it to buy games or toys like any other teenager would, he used the money to invest in Bitcoin. A move that would change his life forever.

If you are wondering how you can invest in Bitcoin, the answer is trading sites. Everyone can access them as they operate online. Once you register at reputable platforms such as Quantum-ai.io, you will gain access to the marketplace and you will be able to trade your Bitcoins for a profit. You can be just like this teenager! Well, not that lucky, but it is the best start on your crypto journey that you can hope for!

As for Eric Finman, he invested in Bitcoin and held onto them for over a year and a half. The result? A $100,000 profit and a much better start to his adolescence than most people have. Talk about a good trading experience right off the bat, huh?

Stefan Thomas And His Password

Source: berliner-zeitung.de

Next up, we have one of the most interesting and most shocking recent Bitcoin stories. Stefan Thomas is a software developer who is one password away from becoming a millionaire. Back in 2011, Stefan created a video in which he explains how cryptocurrencies work and he was rewarded 7,002 Bitcoins for his effort.

Apparently, Stefan completely forgot about it at the time, as Bitcoin was pretty much worthless compared to now. However, fast forward 10 years later, and the value of the Bitcoins that he possesses exceeds $200 million, a fortune enough to allow your kids not to work and be well off. The biggest problem is that Stefan does not remember the password and thus, cannot access his Bitcoins at all.

Not only that, but he already tried 2 passwords and they did not work. So now, he has decided to leave it for now and hold on to the third try until he maybe remembers it. Sadly though, he will probably never receive them as he claims that it is impossible for him to remember it. Imagine being stuck in such a situation!

The Best Drunk Decision

Source: pexels.com

Last but not least, here is a story of a bender night that went the best way possible. When people get drunk, they usually come up with the stupidest decisions and act upon them without much thought. Most usually regret it in the morning, but not this lucky British man who spent £20 back in 2009. After getting drunk, he had this crazy idea of purchasing Bitcoins for the money’s worth mentioned above, which we can argue is not much whatever might have happened to it.

Since he was drunk, he completely forgot about it and in 2015, something made him remember that night. The difference then was that his alcohol-fueled Bitcoin investment was then worth over $500,000. Who would have known that not all drunk nights have bad outcomes? That certainly was not the case with this individual. Who knows, maybe something like this can happen again, or maybe it did but we never heard about it?

Leave a Reply

22  −  16  =