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When it comes to Bitcoin Pizza Day, the most regretful story must be that programmer who spent 10k BTC. Those two pizzas from 14 years ago, based on today's market prices, are easily worth tens of billions of dollars. Many people mock the pizza guy for missing out on a gold mine over a quick meal, but if you think calmly, without that pizza purchase, Bitcoin might have forever remained just electronic points on a nerd forum.
The existence of pizza proves one thing: Bitcoin is not just air; it’s truly exchangeable for goods.
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My little story (true story):
I’ve also made stupid mistakes. In 2019, I was very optimistic about a small DeFi coin with only a few hundred daily active users, but I always felt it would take off. I held it for almost a year, then sold everything at the lowest point to cover my new house renovation costs—an almost perfect reverse top. Less than half a year later, that coin doubled twenty times. Now, every time I see that sofa in the new house, my husband will jokingly say, “You know, that sofa was bought with gold mines.”
Trading perspective:
Every year on Pizza Day, the crypto world is actually reenacting the same “regret cycle.” Looking at historical data, going long on Bitcoin on Pizza Day doesn’t have a bad short-term win rate, because that day usually comes with a lot of market attention and retail optimism being released. But beyond short-term trading, the bigger significance of Pizza Day is to remind everyone: Bitcoin’s greatest value isn’t its price, but its consensus. Every time there’s a crazy bull market or desperate bear market, think of those two pizzas, and your mindset can be much better.
A bold brainwave:
If there really were a time-travel script, I, in 2010, wouldn’t need to persuade the pizza guy not to buy pizza—his transaction was actually a necessary part of history. The correct move would be to buy Bitcoin myself, then have it stolen by hackers in 2011, and then sell it at a low price… Thinking about it this way, even if I could go back in time, ordinary people would hardly be able to hold onto that huge fortune. Human nature in this market is actually the biggest unbridgeable gap.
Current market sentiment analysis:
Recently, BTC has experienced a wave of retracement, and doubts about the “end of the bull market” are starting to surface again. But from historical patterns, every time the market falls into panic, Bitcoin’s narrative tends to be emphasized again. Pizza Day itself is a microcosm of this cycle— from a niche geek experiment to an alternative asset that global institutions are allocating to, Bitcoin has completed an incredible trust reversal in 14 years.
So, rather than seeing those two pizzas as a loss, it’s better to see them as Bitcoin’s first ticket into the real world. It feeds not just a programmer, but the entire Web3 era. #Gate广场披萨节
---
My little story (true story):
I’ve also made stupid mistakes myself. In 2019, I was very optimistic about a small DeFi coin with only a few hundred daily active users, but I always felt it would take off. After holding it for nearly a year, I sold everything at the lowest point to cover my new house renovation costs, a perfect reverse top. Less than half a year later, that coin doubled twenty times. Now, every time I see that sofa in the new house, my husband will say wistfully, “You know, that sofa was bought with a gold mine.”
Trading perspective:
Every year on Pizza Day, the crypto world is actually reenacting the same “regret cycle.” Looking at historical data, going long Bitcoin on Pizza Day doesn’t have a bad short-term win rate because that day usually comes with a lot of market attention and retail optimism being released in concentrated bursts. But beyond short-term trading, the bigger significance of Pizza Day is to remind everyone: Bitcoin’s greatest value isn’t its price, but its consensus. Every time there’s a crazy bull market or desperate bear market, think of those two pizzas, and your mindset can be much better.
A bold thought experiment:
If there really were a time-travel script, I, in 2010, wouldn’t need to persuade the pizza guy not to buy pizza — that transaction was actually necessary for history to happen. The correct move would be to buy Bitcoin directly, then get hacked in 2011, and then sell at a low price… Thinking this way, even if I could travel back, ordinary people would hardly be able to hold onto that huge fortune. Human nature, in this market, is actually the most insurmountable gap.
Current market sentiment analysis:
Recently, BTC has experienced a pullback, and doubts about the “end of the bull market” are starting to surface again. But from historical patterns, every time the market falls into panic, Bitcoin’s narrative tends to be reinforced. Pizza Day itself is a microcosm of this cycle — from a niche experiment for geeks to an alternative asset that global institutions are now allocating to, Bitcoin has completed an incredible trust reversal in 14 years.
So rather than see those two pizzas as a loss, it’s better to see them as Bitcoin’s first ticket into the real world. It feeds not just a programmer, but the entire Web3 era. #Gate广场披萨节