We're only 3.26% of the way to Bitcoin's Real Price, and here's why (Serious Theory Inside)
As many of you know, Laszlo bought two pizzas in 2010 for 10,000BTC.
That same amount of BTC, based on the same Pizza price of $20.50 per pizza would now get you 7.1million pizzas.
Now, how does this correlate to the optimal sell price?
Everyone knows we're going to the moon, and what better way to get there than on a walkway of pizza.
One large 14" (35.5cms) pizza with 10 slices lays out to 1.77m long when each slice is laid end to end.
Now, 7.1million 14" pizzas, laid end to end would stretch a 12,567km - just 3.26% of the total distance to the moon.
So, based on my now dubbed 'laszlo' theory - the optimal sell price to achieve going 'to the moon' is $458,588 per BTC.
We're still got a long way to go, lads - but we're 2% closer than we were 3 months ago.
This theory is probably the strongest one on this thread in all honesty.
2+2 is 4
Minus one is three
You deserve the economics nobel prize. Genius.
I think you meant /sub/theydidthepizza
I think that's conservative but hey we can go with it i guess.
Stuffed crust or nah?