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13 Feb '13, 6pm

(Bitcoin 101) Introducing The Exchanges: BitStamp #bitcoin

(Bitcoin 101) Introducing The Exchanges: BitStamp #bitcoin

BitStamp’s owner, Nejc Kodric, was first introduced to the Bitcoin community in March 2011, in the same way that so many others were: through mining. Kodric writes: “Back then I owned a computer company – we sold components, laptops, etc. Damijan (a current business partner at Bitstamp) came to me and wanted to buy a mining rig. I knew he was an excellent programmer but I knew he didn’t play that many videogames…so I was curious why would he buy a PC with 2x 2core GPUs – I believe he got 6990s. So he briefly explained what Bitcoin is an what mining is, and about a day later I was already hooked. Not long after Damijan and I started planing on idea of an exchange.” And so, in August 2011, BitStamp was born. The exchange started out small, not picking up any significant volume for its first eight months of operation, but in June 2012 Kodric met with two large buyers who star...

Full article: http://bitcoinmagazine.com/introducing-the-exchanges-bits...

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