This man bought $27 of bitcoins in 2009 and they're now worth $980k
A Norwegian man who bought $27 worth of bitcoins in 2009 and forgot about them discovered their value had since shot up - to $980,000 at today's price. Kristoffer Koch decided to buy 5,000 bitcoins for only 150 Norwegian kroner ($26.60) in 2009, after discovering bitcoin as part of an encryption thesis he was working on. Koch probably didn't think he would become wealthy as a result, but his 5,000 BTC has turned into a goldmine. It was a wise investment by someone who stumbled across bitcoin before many others did. Koch found that his bitcoins were worth 5 million Norwegian kroner....
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Bitcoin is looking more attractive to potential investors particularly those who have had some disappointments using traditional forms of investments such as in the stock market or gold market. Investments in the digital currency have more than doubled in the past twelve months. According to CoinMarketCap, one bitcoin was worth about $230 around September 2015. Compared to its current rate of about $580 (as at the time of this writing), it has attained an increase of more than 150% in value. The price of bitcoin has fluctuated wildly since it was launched in 2009. In 2010, two pizzas were....
On April 7th and 8th, 2022, approximately five bitcoin block rewards mined in 2009 were spent in a concession of transfers. The last time a 2009 block was spent was 1.10 years ago on May 20, 2020. The 250 bitcoin from the latest 2009 spends sat idle for 12.4 years, and the coins were worth $10.8 million at the time of transfer.
‘Sleeping Bitcoins’ From 2009 Rise From Slumber
This week blockchain parsers caught some fascinating bitcoin spends that stemmed from 2009 coinbase subsidy rewards. Once in a while parsers catch 2011 transfers and on rare occasions, 2010....
Lily Allen regrets that she did not take the gig that was paying "hundreds of thousands of Bitcoins"
Lily Allen has confirmed that she was offered hundreds of thousands of Bitcoins back in 2009 for streaming a live gig on Second Life. She did not think much of the offer and declined it instantly. Now she is regretting her choice. Since the virtual currency is worth more than 900 USD she would have been worth 90 to 180 million dollars more today if she just had said yes to the offer from Second Life. A big mistake anyone?
Transaction records in the blockchain show that bitcoins mined during the earliest days of Bitcoin have been transacted during the past year - after remaining 'dormant,' for the most part untouched, since being mined between 2009-2011. The bulk of these 67,000 coins (worth $67mil) were transacted during the months surrounding the Bitcoin all-time-high price in November 2013. Speculation has been brewing as to the reasons why these previously 'dead' bitcoins have moved, and, also, who the owners may have been - some saying that there may have been spends by Satoshi himself. Earliest Coins,....
A man from Newport, Wales, doesn't know whether to laugh or cry having recently realised he accidentally threw away £4m worth ($6.5m) of bitcoins. James Howells decided to give bitcoin mining a go back in 2009 and managed to mine around 7,500 bitcoins using his computer, the Guardian reports. At the time of writing, the price of 7,500 BTC, according to the CoinDesk BPI, is just under £4.2m. Hype around digital currency was pretty low back in 2009 and Howells decided to give up mining after his girlfriend complained about the noise and heat coming from his computer as a result of the mining....