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Learn About The Meteoric Rise Of Bitcoin Prices

You’ve probably heard of Bitcoin in the news, unless you’ve been living under a rock. 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 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.

This phenomenon is a software-based currency and it was released to the public some years ago, 2009 to be precise. Since it was released, its updates and improvements have been created by a group 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 to 2012, the virtual currency increased its value by 300 percent. 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 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 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? 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.

There is no doubt that Bitcoin is a huge deal right now. 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. Investing in Bitcoin today may lead to your new success story.

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