Bitcoins: 10 Mistakes that Most People Make
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 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 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 August of 2016 up to today, Bitcoin gained an increase in value to approximately 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, 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.
So, how can an average person invest in Bitcoin? It’s now as simple as ever to purchase this currency. There exists plenty of reliable companies globally and they are in the business of buying and selling 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. It’s now very easy for normal folks to find many ways to buy and invest in Bitcoin.You might want to start investing in Bitcoin today. Investing in Bitcoin today may lead to your new success story.