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. In a nutshell, it’s a decentralized cryptocurrency payment system that was designed by a man named 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 further find out why firms like Sii Global Intelligent Bitcoin Investment Service put their hopes on this new 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 that year, Bitcoin’s improvements and updates have been developed by a network made up of developers. A portion of the funding used in the development phase was provided by the Bitcoin Foundation.
Bitcoin began to gain plenty of steam as a trending topic in 2013. From 2011 to 2012, the virtual currency increased its value by 300 percent. Since the middle of last year up to today, Bitcoin’s value rose to roughly 400%. Up to today, venture capital firms and investors found in all continents are still continuing to put their hopes in this cryptocurrency.
During each of the first two quarters of 2014, venture capitalists firms were making investments that fell between 50 to 70 million $ in Bitcoin, making the total investment of the first half of 2014 over a hundred million dollars. You’ll see the meteoric rise of Bitcoin prices all the more if you compare this with what happened in 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 we speak, Bitcoin continues to grow, and this is seen in the increasing amount of users and merchants that accept this currency as payment.
Many people ask, how can average folks join in and invest? It’s now as simple as ever to purchase 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. Many reliable investors and venture capital firms are trusting that this currency is not going anywhere. It’s now very easy for normal folks to find many ways to buy and invest in Bitcoin. You may want to begin your Bitcoin investment today. This could be the beginning of a new financial triumph.