Currently, the Bitcoin price has broken through $110,000, reaching a historic high. On May 22nd, coinciding with the annual "Pizza Day", this spontaneously formed memorial day by the cryptocurrency community once again draws attention to that moment 15 years ago that rewrote history - those pizzas worth 1.1 billion dollars.
1. The Starting Point of a Value Enlightenment
In 2010, the Bitcoin network was still in the "primitive society" stage, with network computing power less than one trillionth of today's, exchanges had not yet been born, and holders were mostly geeks and technology enthusiaststsasts Laszlo posted on the forum proposing to exchange Bitcoin for pizza", "value anchoring" of cryptocurrency was still.<<>
15 years later today, calculated at Bitcoin's price breaking over $100,000, those those two pizz pizzare now worth an astonishing $1 billion. This number is not only a milestone in early Bitcoin development, history but reveals cryptocurrency's epic leap from marginal experiment to global asset.
2. Bitcoin's Price Curve Over Past 15 Years
From $0.0041$, later, combing price data on May 22nd each each year, according to bitsCrunch.com, we capture key cycles and driving logic in its development trajectory. Below is Bitcoin's price performance on Pizza Day over the years.
Data Source: bitsCrunch.com
Technical Refinement Period (2010-2013): From concept verification to initial application, Bitcoin proved the feasofibilityized.
In May 2011, Bitcoin price rose to $6.8, and the Dark Web's "Silk Road" first showed its anonymous payment potential; In May 2013, price broke $122, with Cyprus debt crisis simultaneously pushing Bitcoin into mainstream view as a "hedge asset", with annual growth reaching 5,400%.
Speculative (2)014-2017):): Price volatility attracted global attention but also exposed exposed market immaturity.
The 2014 Mt.Gox exchange theft event caused price to halve from $525 to $240 (2015), with market experiencing first large-scale risk education. Subsequently, Ethereum smart contracts, Lightning Network and other technological breakthroughs drove ecosystem expansion. In 2017, price recovered to $2,100, and in December that year soared to $19,783 completing first "super cycle""".
>Period (2018-2021): Traditional financial institutions began taking Bitcoin seriously, viewing it as part of digital asset allocation.In 2018's bear market, many directly exited, but institutions like Grayscale Trust and MicroStrategy established long-term buying foundation. In May 2021, price touched $37,500, with Tesla, El Salvador and others incorporating Bitcoin into balance sheets; In 2024, US Bitcoin spot ETF approval, fourth halving, and global fiat currency inflation pressures resonated, driving price to break through $71,400 with annual return rate of 217%.
Below shows Bitcoin's monthly performance in May from 2017 to 2024.
Data Source: bitsCrunch.com
Mainstream (2025): frameworks Gradually improved, ETF approved, Bitcoin officially entering traditional investment portfolios.
As global central bank digital currencies advance, Web3 ecosystem matures, and blockchain technology deeply applies across industries, digital currencies are reshaping our economic system. As a pioneer in this revolution, Bitcoin's value is reflected not just in price, decdecentralization concept and innovative spirit.
3. Structural Transformation Behind Historic High
Today, Bitcoin market value exceeds $21 trillion, sur, Amazon,, becoming world's fifth-largest asset. Its value support logic fundamentfundamentally: first strengthened macro hedging attributes, second US and European crypto market regulatory laws landing, third compliant channels like Coinbase and BlackRock opened traditional fund entry.
4. Conclusion Creates: Value: Value
On social media, #PizzaDay topic becomes popular annually, people sharing pizza photos Bitcoin's, prospecting currency. This tradition already transcended significance, becoming communityescohesion symbol: reminding us technological innovation and institutional reconstruction power often begins from smallest practices.
Just as Satoshi Nakamoto embedded in Genesis Block's Times headline "Chancellor Brink of Second Bank Bailout" - Bitcoin's ultimate mission, perhaps precisely letting those two pizzas 15 free 15 free free ideal, shine into reality.
And we will ultimately become digital currency history participants, witnessing and practicing.
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