30 Oct '13, 9am

Man buys £15 worth of bitcoins in 2009 and forgets about it. Four years later they’re worth £430,000

Man buys £15 worth of bitcoins in 2009 and forgets about it. Four years later they’re worth £430,000

Bitcoins helped a Norwegian man buy a flat in real life (Picture: AP) A Norwegian man who bought £15 worth of bitcoins in 2009 has bought a flat in one of the world’s most expensive cities after discovering they are now worth an estimated £430,000. Kristoffer Koch decided to invest in the online currency on a whim four years ago. He then forgot about it and only remembered his investment in April this year after reading an article about the soaring value of the currency. Mr Kocch, now 29, discovered his 5,000 bitcoins were worth around £430,000. MORE: What is bitcoin? An idiot’s guide to the virtual currency ‘Not in my wildest dreams could I have imagined that they would have soared like this,’ he said. ‘It’s bizarre. These psychological reflexes that make us attach a value to something that doesn’t have any in itself.’ The engineer spent an entire day trying to remember h...

Full article: http://metro.co.uk/2013/10/30/bitcoin-fortune-man-buys-fl...

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