Learn About The Meteoric Rise Of Bitcoin Prices

Unless you call a cave home, chances are you have heard of Bitcoins. Bitcoin is a payment system that is decentralized and created by a man known as Satoshi Nakamoto. 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.

Bitcoin is a software-based currency that was released to the general public several years ago, or 2009 to be exact. 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.

It took four years after its release in 2009 for Bitcoin to become a hot topic for the general public. The virtual currency managed to gain over 300% in increase from the year 2011 to 2012. Since mid-2016 up to the present, Bitcoin has seen its value rise to about 400 percent. Today, venture capital firms and investors located all over the globe are continuing to bet on this new currency.

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 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. 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.

How then, you may ask, can the average person invest in this? Today, it’s very simple to buy Bitcoins. Lots of trusted firms are found around the world, and these companies are involved in the trade of selling and buying Bitcoins. Firms such as Sii Global Intelligent Bitcoin Investment Service are deemed competent in this area.

Nobody can deny that Bitcoin is huge today. 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 might want to start investing in Bitcoin today. This could be the beginning of a new financial triumph.

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