Most Popular and Famously Favorite Bitcoin Transactions All Crypto Historians Likely Know About
Despite all of the negative things that have been said about Bitcoin by various mainstream media outlets, there is no denying the fact that the flagship digital asset has been able to garner immense mainstream support during the last 3-4 years
In this article, we will look at some of the most enduring/famous BTC transactions to have taken place within this burgeoning industry. So without any further ado, let's get straight into the heart of the matter.
1. The Infamous Pizza Purchase:
Many of our regular readers probably remember the time when crypto programmer and enthusiast Laszlo Hanyecz paid 10,000 Bitcoin (touted to be worth $25 at the time) to buy two large-pizzas from a local restaurant.
However, if Hanyecz would have known what BTC’s value would become in a few years time, we are sure he would have chosen an alternative route to pay for his meal that night. To put things into perspective, the ten thousand tokens that Hanyecz gave up back in 2010 to feed himself are currently estimated to be worth around USD $7 million.
2. The Very First BTC Transfer:
It was January 2009 when the first ever data block was added to the Bitcoin blockchain. Soon thereafter, Hal Finney (one of BTC’s core developers) and Satoshi Nakamoto (the pseudonymous creator of the premier crypto asset) initiated a transfer which saw Nakamoto send 10 BTC to Finney.
3. The USD $149 Million TX:
During the latter half of 2013, a mysterious transaction worth 1,94,993 Bitcoin took place between two unidentified individuals— making it the single biggest BTC-based transfer till date.
Also worth mentioning is the fact that the tx was valued to be worth $149 million when the incident took place— even though 1 Bitcoin was just around $729 then.
Lastly, it is worth mentioning that despite a lot of investigative efforts, it is still not known as to where the money really went and who exactly was behind the execution of such a large monetary transfer.
4. Bitcoin For A Tesla Car:
While these days it is not uncommon to see crypto-billionaires splurge their assets on fancy cars and mansion using alt-coins, there was a time when such purchases were quite rare.
In this regard, we need to rewind all the way back to December 2013, when a Florida-based car enthusiast was able to procure a Tesla Model S using Bitcoin. At the time, it was reported that the car dealership that facilitated the purchase accepted a total of 91.4 Bitcoins via BitPay for the vehicle.
5. Private Jet Bookings Made Via BTC:
During the start of January 2014, a private air-mobility firm ‘PrivateFly.com’ announced that it was all set to accept BTC as a payment method for its services. Soon after that, a passenger flew from Brussels to Nice via a chartered aircraft that he paid for using the premier cryptocoin. However, at the time of writing this article, it is still not clear as to how much the total cost for the transaction came up to.
6. The First Ever Official Bitcoin Auction:
July 2014 saw the US Government forcefully shut down the infamous online black market ‘Silk Road’. During their efforts, government agents were able to seize a total of 144,000 Bitcoins— which were then subsequently offered to the public via an auction.
In regards to the issue, the entire auction process took place in three distinct phases with the first auction seeing more than 30,000 BTC being sold to venture capitalist Tim Draper.
7. Bitcoin And The Moon:
A couple of years back, Bitcoin mining firm ‘Genesis’ left the crypto world spellbound when it carried out its first peer-to-peer financial transaction in outer-space. The point of this entire exercise was to raise awareness about Bitcoin.
From a technical standpoint, we can see that the operation was carried out by sending a 3D model of the flagship cryptocoin along with a paper wallet into space using a weather balloon. At the time, Genesis was able to establish a new world record for sending digital assets to a wallet located at an altitude of 34 km.
8. Mt. Gox:
Last but not least, it is worth remembering that there was a time when the now infamous Mt. Gox cryptocurrency exchange moved over 442,000 BTC between two wallets owned and operated by the platform. The estimated value of the tokens at the time was pegged to be around $282.2 million.
The crypto world has witnessed a lot of weird and interesting stories over the years. However, in this article we have only listed out the most famous bitcoin transactions to have taken place within this burgeoning space over the past decade.