The Fascinating And Meteoric Rise Of Bitcoin Prices
Unless you live under a rock, you most likely have read or seen Bitcoins mentioned in the media. 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.
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 used in the development phase 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. It’s easy to see the meteoric rise of Bitcoin prices if you compare what happened in the Bitcoin scene of that year, and compare it to what occurred 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.
How then, you may ask, can the average person invest in this? It’s now simpler than ever to buy this currency. Lots of trusted firms are found around the world, and these companies are involved in the trade 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. 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.