The Fascinating And Meteoric Rise Of Bitcoin Prices
Unless you call a cave home, chances are you have heard of Bitcoins. Satoshi Nakamoto was the man behind the creation of Bitcoins and, to put it simply, it is a decentralized cryptocurrency payment system. If you’re after learning a lot more about this tech and financial phenomenon that has grabbed the attention of people in pretty much every country, and you furthermore want to know more about the meteoric rise of Bitcoin prices, then read on because this article will teach you plenty. You’ll learn why companies like Sii Global Intelligent Bitcoin Investment Service put their trust in this currency.
This phenomenon is a software-based currency and it was released to the public some years ago, 2009 to be precise. Since that year, Bitcoin’s improvements and updates have been developed by a network made up of developers. The Bitcoin Foundation provided part of the funding involved.
After four years since its 2009 release, Bitcoin started to become a trending topic for people everywhere. From 2011 up to 2012, the virtual currency saw its value rise up to 300 %. Since the middle of last year up to today, Bitcoin’s value rose to roughly 400%. Today, venture capital firms and investors located all over the globe are continuing to bet on this new currency.
In the course of the first half of the year 2014, you would see venture capitalists firms making Bitcoin investments of 50 to 70 million dollars for each of the first two quarters, leading to over a hundred million in investments for the first half of that year. You’ll see the meteoric rise of Bitcoin prices all the more if you compare this with what happened in 2012. As mentioned earlier, over a hundred million was invested by venture capitalists firms during the first half of 2014, but, in 2012, Bitcoin firms were able to raise a measly $2.2 million. Today, this cryptocurrency is still experiencing growth in the way users and merchants accept Bitcoin as a valid mode of payment.
So, how can an average person invest in Bitcoin? It’s now simpler than ever to buy this currency. Lots of established companies around the world are involved in the business of selling and buying Bitcoins. Companies like Sii Global Intelligent Bitcoin Investment Service are considered experts in this field.
Nobody can deny that Bitcoin is huge today. Plenty of trusted investors and venture capital firms are putting their faith into the theory that this currency is here to stay. It’s now very easy for normal folks to find many ways to buy and invest in Bitcoin.You might want to start investing in Bitcoin today. This could be the beginning of a new financial triumph.