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Norwegian Student’s Rags-to-Riches Bitcoin Story Resonates

October 29, 2013 at 20:12 by BitcoinNews

The story of Norwegian student Kristoffer Koch, who managed to find and recover the $27 of bitcoin he bought in 2009, resonated with at least the reddit community, as the Guardian post on the story is the top-upvoted thread today.

The lucky winner of’s 10 bitcoin for signing up the 500,000th wallet also reacted:

The funny thing is I had no idea you were running a contest! I used to dabble in Bitcoins a couple of years ago (bought 5 BTC back when they were like £5 each, gutted that I sold them for £6 a few months later once I found out they were £140 each now!), and thought I’d get back into using them, so I signed up for a Blockchain account because it seemed like the most reliable online wallet provider.

In the past few days the price of bitcoin has steadily crept back up above $200. Even Bitstamp is now at $202.65. However, both order books of Mt. Gox and Bitstamp show support in the $180–185 region, according to a BitcoinMarkets redditor.

The weighted average price has crept up from just under $198 to $204.04.

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