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How Kristoffer Koch Bought 5000 Bitcoins For $22-27 In 2009, Forgot About It, And Became A Bitcoin Millionaire 4 Years Later

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by COINS NEWS 82 Views

Today I came across an old article about Kristoffer Koch. He made a small investment of only $22 to $27 into Bitcoin in 2009, forgot about it, and became a bitcoin millionaire 4 years later.

Back then there were not that many people that believed in the future of Bitcoin. Somehow Kristoffer stumbled upon the Bitcoin whitepaper and he decided to buy 5000 Bitcoins for only $22-27 total! (some articles state different numbers from $22-27)

He completely forgot about his investment and focussed on getting a “real job”. But 4 years later he noticed news reports stating how much the value of Bitcoin had risen. All of the sudden he was a Bitcoin Millionaire!

Kristoffer was 25 when he bought the coins, and became a millionaire at 29! It’s crazy to think he was that early, who would invest into magic internet money at that time?

The article doesn’t state anything about this but I wonder how he managed to not lose his private keys..

Source

submitted by /u/Backwood20
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