'Bitcoin Pizza Day': Why 2 Pies Are Now Worth $5 Million

ABC US News | ABC International NewsCopy

Who knew buying a hungry guy pizza could make you a millionaire?

The first Bitcoin transaction, according to Internet lore, was for two Papa John's pizzas delivered to a guy in Florida named Laszlo Hanyecz, who ponied up 10,000 bitcoin (about $30) in exchange for the pies.

"It was a good pizza," Hanyecz, 32, told ABC News today.

According to today's exchange rate for the crypto currency, the pizzas would have cost Hanyecz about $5 million.

The programmer, who said his balance is now "in the low single digits," said he is proud of his place in Bitcoin history.

"It kind of helped show people what it was worth," he said.

On May 18, 2010, Hanyecz posted his humble request on the Bitcoin Talk forum.

"I'll pay 10,000 bitcoins for a couple of pizzas ... like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!" the post read.

He continued: "I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire. If you're interested please let me know and we can work out a deal."

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'Bitcoin Pizza Day': Why 2 Pies Are Now Worth $5 Million

Bitcoin hater Schiff now selling gold for bitcoins

Schiff: Bitcoin resembles tulip bubble

The Winklevoss twins call bitcoin "gold 2.0," but longtime gold investor Peter Schiff laughs at the comparision. With CNBC's Jackie DeAngelis and the "Futures Now" traders.

To be sure, the partnership does not mean that Euro Pacific is taking any direct position in bitcoin. BitPay converts the bitcoins from customers into the U.S. dollars in which Euro Pacific will be paid.

"By partnering up with BitPay, I'm not actually accepting bitcoins," Schiff said. "It's just that if you do have bitcoins, you can make the exchange using BitPay. You give BitPay your bitcoins, they'll turn around and give me dollars, and then I'll ship you your gold."

But it's more than a mere marriage of convenience. For Schiff, bitcoin investors make for natural gold investors.

"The people who have bitcoins, they're worried about central banks, they're worried about fiat currency, they're worried about inflation, and so they bought bitcoins to protect themselves. I think it's a very fertile market for precious metals. I think somebody who's already worried about these things is more likely to want to buy gold than someone who doesn't have any bitcoins."

That's why it could make a good deal of sense for Euro Pacific to pair with BitPay.

"Why wouldn't I want people who have bitcoins to be able to use their bitcoins to buy gold or silver through my precious metals company? I mean, it doesn't cost me anything to pair up with [BitPay] so there's no downside to me. Maybe I get some extra business, and maybe some people preserve their gains," Schiff said.

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Bitcoin hater Schiff now selling gold for bitcoins

Solar Status Confirmation, Kreutz Comets | S0 News May 20, 2014 – Video


Solar Status Confirmation, Kreutz Comets | S0 News May 20, 2014
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Comets Conquer Massapequa

Written by Matthew Levine, hicksville@antonnews.com Thursday, 22 May 2014 00:00

The Hicksville Comets had been there before. They found themselves in another close game, this time against the Massapequa Chiefs.

Down a run and with two outs, the Chiefs had the bases loaded as Comets senior Michael Riley was vying for a complete game.

Up stepped Griffin Sullivan, looking to add to his two RBIs. However, this time Riley was able to get out of the jam unscathed with a ground ball as the Comets won 3-2.

I knew I had to get that guy. I knew I couldnt give him anything too good to hit. I had to really locate my spots and make the right pitches. That was it and I ended up getting him, said Riley after the game.

It wasnt just Rileys arm that helped lift the Comets to victory. His bat and legs were equally crucial.

With the Comets down a run entering the fourth inning, they eventually loaded the bases on Chiefs pitcher Alex Cosenza, who threw six innings. Riley hit what looked to be an inning ending double play, but was able to beat out the throw, allowing a runner to score and keep the inning alive.

It was the smart base running that allowed the Comets to gain the advantage. Riley drew a pickoff attempt and was able to avoid getting tagged just long enough for the runner from third to cross the plate.

That was planned to bring the runner in from third to score, said Riley.

Head coach Frank Ciaramitaro added, Those are things we practice. But you cant really coach the innate ability to do what Matthew did, which he stayed in that run down. He was able to kind of go back to first, which allowed the winning run to score.

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Comets Conquer Massapequa

Spartans blank Comets

May 22, 2014 Spartans blank Comets Oakwood strikes out 11 times in regional loss to St. Joseph-Ogden

BY CHAD DARE cdare@dancomnews.com The Commercial-News Thu May 22, 2014, 01:59 AM CDT

HOOPESTON There's an old saying about pitching and defense leading to victories in baseball.

But, that team also needs to score at least one run for that to happen.

On Wednesday afternoon in the IHSA Class 2A Hoopeston Area Regional, the Oakwood Comets had a pretty solid gameplan for the top-seeded St. Joseph-Ogden Spartans, the only problem no offense.

St. Joseph-Ogden senior right-hander Tyler McCormick struck out 11 as he tossed a two-hit shutout leading the Spartans to a 6-0 victory over the Comets.

"We have to be more aggressive with the ball in the strike zone,'' Oakwood coach Bob Sermak said. "We had six backwards Ks (called third strikes). That's the one thing that I'm probably the most disappointed about in this group, this year. We have harped on that more than anything, as far as a hitting approach, and we have continued to take called third strikes.

"You just can't do it. You have to be active with the ball in the zone.''

According to St. Joseph-Ogden coach Josh Haley, McCormick created his own energy as the start of Wednesday's regional semifinal was delayed for more than 90 minutes by a series of thunderstorms that moved through Vermilion County.

"I really thought the energy level was down and it was a different atmosphere,'' said Haley, a former head coach at Hoopeston Area. "But Tyler got things going as he was throwing donuts on the scoreboard, by getting ahead with his fastball and mixing in his curve ball.''

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Spartans blank Comets

Comets take advantage of Missiles' miscues in semifinal

By Ty Reynolds treynolds@saukvalley.com 800-798-4085, ext. 5554

LANARK The last 2 years, the Milledgeville Missiles have made runs to the Class 1A state softball tournament because of several factors not the least of which was taking advantage of opportunities their opponents presented them with.

But the defending 1A state champions got a taste of their own medicine Tuesday afternoon in the semifinals of the Eastland Regional.

The Newman Comets made Missile mental and physical miscues hurt in a 6-5 victory in Lanark.

"They did what we've been doing the last 2 years," Milledgeville senior Courtney Swalve said. "It felt like they had the answer for every mistake we made, and they took advantage of everything we gave them."

Whether it was taking an extra base the Comets did that five times in the first three innings or finding the gaps in the Missiles defense thanks to some perfectly-placed hits, Newman (14-11) put the pressure on Milledgeville (20-7) throughout the game, and responded better in nearly every situation.

"We put up a great fight today, and it was an all-around game," Newman junior Julie Hurd said. "Our outfield made some nice plays, our infield got the job done, and both our pitchers threw strikes. We also hit the ball well, and hit it in a lot of places where they weren't."

Facing a 2-0 deficit before their first at-bat, the Comets took the momentum back quickly. Hurd stole home on a bases-loaded pickoff attempt at second in the first inning, then Newman took its first lead on Hurd's two-out, two-run triple to left in the second.

Tied 3-3 in the bottom of the third, the Comets sent nine hitters to the plate and got an RBI single from Lakyn Waldschmidt and a run-scoring fielder's choice from Sam Miller before Hurd drew a bases-loaded walk.

"The intangibles are what won us this game," Newman coach JD Waldschmidt said. "We took advantage of every opportunity laid out in front of us, and that's an area we've seen tremendous improvement in throughout the season."

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Comets take advantage of Missiles' miscues in semifinal

Eye on the Comets

May 21, 2014 - American Hockey League (AHL) Utica Comets When it comes to the Utica Comets, what you see (literally), is what you get, courtesy of Comets team photographer Lindsay Mogle.

Check out a copy of the Comets' inaugural yearbook. Mogle's work is everywhere in there. Every photo featured on the team's website, or social media, all captured by Mogle's lens. Whether it be pictures of the anthem singers before every game, or action shots that capture the emotion of the game, Mogle's efforts chronicled the entirety of the Comets inaugural season.

The best view, the best access, the best timing, Mogle was around the ice, and as close to the action, yet was virtually invisible to audiences and participants. That's how well Mogle did her job. When the words "Lindsay A. Mogle/Utica Comets" appear at media outlets' publications or websites, this is code for Mogle's work.

Summing-up her first go-around as a team photographer being on the job for all home games at The AUD, and a handful of road games, Mogle tells proudly of her accomplishments.

"I didn't realize what I was getting into. I had taken some pictures in Rome of the Frenzy (2010 Federal Hockey League), so I thought it would be similar to working at the newspaper," said Mogle, a former photographer at The Rome Sentinel. "It was a lot of demanding work, but I had a blast the entire time."

However, when looking back to the Comets final game of the season on April 19, with the final minutes counting down, Mogle recalls standing in the Saranac suite and being overwhelmed as players and fans saluted each other in appreciation for a season of bonding. In the suite Mogle had her Comets moment. "The season took on a life of its own," Mogle said of that highly emotional afternoon.

Four years working the newspaper beat and shooting sporting events on her own, qualified Mogle to concentrate her talents on the return of professional hockey to the Mohawk Valley. From the press conference at Aqua Vino Restaurant last June announcing the partnership between the Vancouver Canucks and Comets, Mogle would become the eyes of the organization. Her lenses saw and recorded hockey history in the making; game by game, milestone by milestone.

On gamedays, Mogle's prep begins in the morning while coming up with a plan. Always looking to capture something she hadn't yet, Mogle tells of working closely with the team's Director of Communications, Mark Caswell, Jr. and also reviews that game's itinerary script looking for special presentations.

When designing a game schedule, Mogle will checkout other team websites and study what they've covered, as well as search individual photographers on how they have captured the competitiveness on the ice. Becoming a student of hockey isn't something Mogle anticipated however has earned her degree in.

"I usually shoot between 500-700 pictures a game," Mogle explains. "Then, generally between 50-75 are keepers. Of them, 20-30 are used by the team. All photos are filed for possible future use."

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Eye on the Comets

According to the report, Connected World: Hyperconnected Travel and Transportation in Action

The World Economic Forum's Connected World: Hyperconnected Travel and Transportation in Action report describes four solutions that can change travel, transport and trade by 2025.

The report describes the benefits of these solutions and how to build the public-private governance models for implementing them Over 50 leading companies from the travel, transportation and ICT industries contributed to the findings Download the report here A new report released at the Annual Summit of the International Transport Forum today by the World Economic Forum, in collaboration with The Boston Consulting Group, shows how travel and transport will be transformed by 2025.

According to the report, Connected World: Hyperconnected Travel and Transportation in Action, the lack of cross-industry cooperation, conflicting policies and missing standards, and the inherent risks of hyperconnectivity are the main barriers for seamless travel and transport. These barriers, notes the report, can be overcome through four solutions based largely on existing technology: a game-changer for using intermodal travel; a future traffic management system for megacities; a new answer for visa, airport security and border control processes; and logistics optimization.

The solutions will allow us to revolutionize travel and transport, said John Moavenzadeh, Senior Director of Mobility Industries at the World Economic Forum. The tremendous benefits they can provide to the public and private sectors are clear. What is needed to realize those benefits is for the relevant stakeholders to come around the table to work together on bringing them to life.

Jos Viegas, Secretary-General of the International Transport Forum at the OECD, added: The digitalization of everything is changing transport in ways we are only beginning to fathom. But transport should go beyond adaptation, it should leverage innovations produced in engineering and organizational sciences. If it combines them into innovative, effective patterns, it can once more change the way the world is functioning.

For example, the Integrated Proactive Intermodal Travel Assistant (IPITA) enables travellers to use one ticket per journey, regardless of the mode of transport, and provides real-time advice on congestion and route-change options. Not only does it improve transparency on travel options, but it also allows travellers to cut time spent on travel planning and reduces costs of rescheduling through delays.

In the years ahead, solutions like IPITA, with real-time updates, customized recommendations and end-to-end ticketing will become game-changers for travellers. There's a great opportunity for the private sector and public agencies to work together to make this a widespread reality, said Margo Georgiadis, President, Americas Operations, at Google.

The Condition-based Megacity Traffic Management System (COMET) integrates and processes information from vehicles, travel infrastructure, individuals and the environment in real time to manage traffic through analytics, dynamic signalling and smart parking. It reduces congestion, emissions and accidents with significant improvement for health and safety. The total net benefits of the system can range from $2 billion to $10 billion per city.

Traffic management is a growing challenge for megacities around the world, said Niklas Gustavsson, Executive Vice-President of Public Affairs of Volvo. A system like COMET could generate significant benefits for them. Using real-time data collection and analytics combined with smart parking and dynamic steering would reduce congestion, greenhouse gas emissions and fuel consumption.

Another solution includes Automated Check-in, Security, Border Control and SMART visas (ACIS),which harnesses technology such as biometric identification, real-time risk classification of passengers, improved full body and luggage scanners, and electronic visa procedures to improve efficiency and security. The aim is to provide a smoother travel experience for international travellers and can increase travel volumes and tourism receipts.

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According to the report, Connected World: Hyperconnected Travel and Transportation in Action

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A brave new world: Stem cell therapy in Lebanon

BEIRUT: Fat removal and a non-surgical facelift at the same time might sound like a two-for-one offer too good to be true. But that is a pretty common combination at the Innovi Stem Cell Therapy Clinic, where doctors extract stem cells from the bodys fat to do any number of cosmetic cleanups, from scar removal to diminishing fine lines and wrinkles.

The clinic opened five months ago in the Beirut neighborhood of Sodeco, bringing Lebanon its first specialized center in stem cell research.

Around the world at any given medical conference, from fields as diverse as orthopedics to dentistry, stem cells have become one of the main events, as researchers believe these undifferentiated cells hold the cure to some of the gravest human diseases: cancer, diabetes, multiple sclerosis, to name a few.

In a country like Lebanon, stem cell specialists figured the best way to support their research was to offer one of the most in-demand medical procedures: cosmetic surgery.

Walking through the halls of the elegant, albeit quaint, clinic, one will see top-of-the-line fat freezing technology, equipment for laser hair removal and facilities where doctors carry out medical face peels and stretch mark treatment.

They also offer Ozone therapy, which uses pure oxygen that can supposedly alleviate a range of maladies from skin disorders and premature aging to chronic pain.

But we are not a beauty clinic, said one of the doctors, who asked not to be identified due to Lebanons strict medical advertising laws.

These cosmetic procedures complement their work in stem cells, a far less understood and rapidly evolving area of medicine. Innovi, for example, has built the Middle Easts only stem cell bank, where up to 19,000 vials can be frozen and preserved with liquid nitrogen. The closet housing the bank, which looks like an enormous washing machine, now holds the stem cells of a modest 10 clients.

The clinic has become a hub for various stem cells research. Doctors have visited from Europe and a Syrian doctor is now working with a couple to try and grow sperm from the stem cells of a man with aspermia.

But cosmetic treatments and stem cells go well together as doctors have been using fat-derived cells, also called adipose stem cells, as a Botox-like filler for almost a decade.

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A brave new world: Stem cell therapy in Lebanon