Learn About The 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 interested in finding out more about this phenomenal financial and tech-related invention that has taken the world by storm, and also learn plenty more about the meteoric rise of Bitcoin prices, then read on. 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 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.
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 the middle of last year up to today, Bitcoin’s value rose to roughly 400%. This year, venture capital firms and investors globally continue 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. 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 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.
How then, you may ask, can the average person invest in this? 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.
Nobody can deny that Bitcoin is huge today. Reputable investors and venture capital firms everywhere trust this currency will last. It’s now very easy for normal folks to find many ways to buy and invest in Bitcoin. Start investing in Bitcoin today. This could be the beginning of a new financial triumph.