Learn About The Meteoric Rise Of Bitcoin Prices
You’ve probably heard of Bitcoin in the news, unless you’ve been living under a rock. Bitcoin is a payment system that is decentralized and created by a man known as Satoshi Nakamoto. If you want to learn more about this financial and tech-related phenomenon that has captured the attention of people all over the world, and also discover more about the meteoric rise of Bitcoin prices, then this article is for you. You’ll also discover the reasons why companies like Sii Global Intelligent Bitcoin Investment Service put their faith in this software-based currency.
Bitcoin is a digital type of currency, one which was released to the public almost a decade ago, or 2009 to be accurate. Since it was released, its updates and improvements have been created by a group of developers. A portion of the funding involved in the development was provided by the Bitcoin Foundation.
Bitcoin began to gain plenty of steam as a trending topic in 2013. The virtual currency managed to gain over 300% in increase from the year 2011 to 2012. Since August of 2016 up to today, Bitcoin gained an increase in value to approximately 400%. Today, venture capital firms and investors located all over the globe are continuing to bet on this new currency.
In the first half of 2014, venture capitalists firms made investments of 50 to 70 million dollars in Bitcoin during the first and second quarter, making the investments reach over a hundred million. You’ll all the more notice the meteoric rise of Bitcoin prices if you compare what happened in 2014 to that of 2012. As discussed, over $100 million was seen to be invested in the first two quarters alone of 2014, but, two years earlier, Bitcoin firms were just able to raise the significantly smaller amount of $2.2 million. As of today, Bitcoin isn’t slowing down, and this is evident in the way more and more merchants and users accept it as a mode of payment.
So, how can an average person invest in Bitcoin? It’s now simpler than ever to buy this currency. There exists plenty of reliable companies globally and they are in the business of buying and selling Bitcoins. You’ll find firms, such as Sii Global Intelligent Bitcoin Investment Service, that focus on this currency.
There is no doubt that Bitcoin is a huge deal right now. Reputable investors and venture capital firms everywhere trust this currency will last. The average person can now find many ways to begin investing and purchasing Bitcoin. You may want to begin your Bitcoin investment today. Investing in Bitcoin today may lead to your new success story.