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 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 to 2012, the virtual currency increased its value by 300 percent. Since August of 2016 up to today, Bitcoin gained an increase in value to approximately 400%. 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 all the more notice the meteoric rise of Bitcoin prices if you compare what happened in 2014 to that of 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. 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? Today, it’s very simple to buy Bitcoins. 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. 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.