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The Meteoric Rise Of Bitcoin Prices Explained Simply

Unless you call a cave home, chances are you have heard of Bitcoins. 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. A network of developers, since Bitcoin’s release, have developed the currency’s improvements and updates. A portion of the funding involved in the development was provided by the Bitcoin Foundation.

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%. Up to today, venture capital firms and investors found in all continents are still continuing 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. 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. 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? It’s now simpler than ever to buy this currency. Lots of established companies around the world are involved in the business 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. Start investing in Bitcoin today. Investing in Bitcoin today may lead to your new success story.

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