Are bitcoins the new hot collector’s item?
A man bought $27 of bitcoin in 2009, and found that they are now worth $886k.
Isn’t that the dream of every collector? People will be sitting impatiently, waiting for their antique china crockery or vintage video games to eventually become worth something. But in a mere four years, one very lucky man realised his little investment had left him sitting on a gold mine.
Kristoffer Koch had invested the bitcoins in 2009 after discovering them whilst writing a thesis on encryption. He forgot about them until the widespread media coverage of them this year made him remember about his little investment.
This comes just after it was announced that the first permanent bitcoin ATM has been put in a coffee shop in Vancouver, British Columbia.
So does that mean bitcoins are here to stay?
If so, it might be time to start investing. Next time bitcoins hit a low in value, you might want to snap them up, because one day you could have a nice surprise waiting in your online encrypted wallet too.
