🍕 Pizza Day Thoughts: Those 10,000 BTC and that disappeared Cullinan
As May 22 approaches, people are starting to hype up again at Gate Square.
Honestly, just seeing these words makes my chest tighten. You newcomers think this is a celebration, but in our old folks’ eyes, this is a “day of suffering.”
On May 22, 2010, Laszlo traded 10,000 BTC for two pizzas, which was only about $25 at the time. Now, at its peak, that meal is worth 60k to 1 billion dollars.
Satoshi Nakamoto wanted to create “digital cash,” but BTC’s volatility was too high, so no one dared to spend it, and it turned into “digital gold.” Everyone became HODLers, which ironically gave USDT an opportunity.
Talking about this, I feel even more upset. Remember 2014, right after the 2013 bull market turned bearish, and a lady was stuck at the $1,000 top. I was making a good living shorting, and my proudest move was shorting LTC.
Back then, everything was coin-backed, and exchanges were still in China. One weekend, LTC dropped from ¥20 to ¥17. I went all-in with a 20x short at ¥17-18, and in two days, it crashed to ¥8. I reversed and went all-in long at ¥9.5, and the next day, it rebounded straight to ¥16.
That move earned me about 60k LTC, which felt like an astronomical number at the time, so I used my profits to buy a E260 car, still not paying it off, afraid the coin would drop.
After settlement, I had less than 1 million cash in hand, thinking I was the top-timing king. But then came the 2017 bull run, and LTC soared to over ¥2,400.
Calculate for yourselves how much I missed out on selling? Don’t even mention the E260—by that rise, I should have parked a Cullinan in my garage.
Every time Pizza Day comes around and I think of Laszlo, I used to think he was a fool, now I see him as my half-brother. He missed out on becoming the richest, and I missed out on billions.
BTC won; it became a store of value. I didn’t lose either—I earned a car. But the biggest enemy is truly oneself. Asking if ETH can be bottom-fished? I don’t know. All I want to say is: if you’re just gambling for short-term thrills, you’ll never earn beyond your understanding.
Family, does this hurt? Do you have worse “missed out” stories than mine? Drop your stories in the comments to help me find some balance. 🚬#Gate广场披萨节 #卖飞一个亿 #合约玩家的自我修养 #错失库里南 #HODLorDie
As May 22 approaches, people are starting to hype up again at Gate Square.
Honestly, just seeing these words makes my chest tighten. You newcomers think this is a celebration, but in our old folks’ eyes, this is a “day of suffering.”
On May 22, 2010, Laszlo traded 10,000 BTC for two pizzas, which was only about $25 at the time. Now, at its peak, that meal is worth 60k to 1 billion dollars.
Satoshi Nakamoto wanted to create “digital cash,” but BTC’s volatility was too high, so no one dared to spend it, and it turned into “digital gold.” Everyone became HODLers, which ironically gave USDT an opportunity.
Talking about this, I feel even more upset. Remember 2014, right after the 2013 bull market turned bearish, and a lady was stuck at the $1,000 top. I was making a good living shorting, and my proudest move was shorting LTC.
Back then, everything was coin-backed, and exchanges were still in China. One weekend, LTC dropped from ¥20 to ¥17. I went all-in with a 20x short at ¥17-18, and in two days, it crashed to ¥8. I reversed and went all-in long at ¥9.5, and the next day, it rebounded straight to ¥16.
That move earned me about 60k LTC, which felt like an astronomical number at the time, so I used my profits to buy a E260 car, still not paying it off, afraid the coin would drop.
After settlement, I had less than 1 million cash in hand, thinking I was the top-timing king. But then came the 2017 bull run, and LTC soared to over ¥2,400.
Calculate for yourselves how much I missed out on selling? Don’t even mention the E260—by that rise, I should have parked a Cullinan in my garage.
Every time Pizza Day comes around and I think of Laszlo, I used to think he was a fool, now I see him as my half-brother. He missed out on becoming the richest, and I missed out on billions.
BTC won; it became a store of value. I didn’t lose either—I earned a car. But the biggest enemy is truly oneself. Asking if ETH can be bottom-fished? I don’t know. All I want to say is: if you’re just gambling for short-term thrills, you’ll never earn beyond your understanding.
Family, does this hurt? Do you have worse “missed out” stories than mine? Drop your stories in the comments to help me find some balance. 🚬#Gate广场披萨节 #卖飞一个亿 #合约玩家的自我修养 #错失库里南 #HODLorDie
