Relying only on publicly disclosed data, what is the most expensive Bitcoin purchase that has ever occurred?
"Expensive" can be determined either by:
- Highest purchase price in Bitcoins
- Highest fiat value equivalent at the time
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2Do you count using Bitcoin to buy fiat currency?– Nick ODellCommented Jun 7, 2016 at 2:09
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@NickODell I had not thought of that (it is not what I had in mind) but am interested in that answer too. Was it the US Marshalls auction?– dontmindmeCommented Jun 7, 2016 at 2:11
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1related: What is the largest transaction by value to date for bitcoin currency?– Murch ♦Commented Jun 7, 2016 at 9:31
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3 Answers
I'd say it was the selling of dice gamling site SatoshiDice in 2013, according to the former owner it was sold for 126,315 BTC which was equivalent to ~$11,5 Million at that time.
More details can be found here: https://bitcointalk.org/index.php?topic=101902.msg2751536#msg2751536
If you mean the greatest amount of bitcoin spent, the "bitcoin pizza" comes to mind. At a whopping 10k BTC spent.
It could also be in the beginning when Satoshi probably sold a lot of bitcoins at cheap to his close friends.
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1Please provide evidence or support for your answer. As it is, it seems to be completely speculative.– Murch ♦Commented Jun 12, 2016 at 22:33