The Fascinating And 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’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 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.
It took four years after its release in 2009 for Bitcoin to become a hot topic for the general public. 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 first half of 2014, venture capitalists firms made investments of 50 to 70 million dollars in Bitcoin during the first and second quarter, making the investments reach over a hundred million. 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, over $100 million was invested in the first half of 2014, meanwhile, in 2012, Bitcoin companies were not able to raise more than $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. Lots of established companies around the world are involved in the business of selling and buying Bitcoins. Firms such as Sii Global Intelligent Bitcoin Investment Service are deemed competent in this area.
Bitcoin is definitely a big deal 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. Investing in Bitcoin today may lead to your new success story.