Looking On The Bright Side of Funds

The Fascinating And 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 want to learn more about this financial and tech-related phenomenon that has captured the attention of people all over the world, and also discover more about the meteoric rise of Bitcoin prices, then this article is for you. You’ll further find out why firms like Sii Global Intelligent Bitcoin Investment Service put their hopes on this new currency.

This phenomenon is a software-based currency and it was released to the public some years ago, 2009 to be precise. 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.

Bitcoin began to gain plenty of steam as a trending topic in 2013. 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%. This year, venture capital firms and investors globally continue to put their hopes in this cryptocurrency.

In the course of the first half of the year 2014, you would see venture capitalists firms making Bitcoin investments of 50 to 70 million dollars for each of the first two quarters, leading to over a hundred million in investments for the first half of that year. You’ll all the more notice the meteoric rise of Bitcoin prices if you compare what happened in 2014 to that of 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 of today, Bitcoin isn’t slowing down, and this is evident in the way more and more merchants and users accept it as a mode of 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. Plenty of trusted investors and venture capital firms are putting their faith into the theory that this currency is here to stay. For everyday people like you, there exists several ways to invest in and buy Bitcoins. You may want to begin your Bitcoin investment today.It could be the start of a new financial success story for you and your family.

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