Bitcoin has been on the media for a long time but it’s possible to come across a person who is not familiar with it. This crypto currency is very unique and is not affected by traditional forms of banking. Apart from Bitcoin there are other types of digital currencies that you can invest in but the former is the considered to be the best known world over. Bitcoin transactions are based on computer networks solving complex mathematical functions to verify and record the details of each and every transaction that happens.
Another reason why investing in Bitcoin a is attractive is because there is no central bank has the authority to govern the supply of the cryptocurrency. The number of new Bitcoin being mined has gone down as the number of units is limited to just twenty one million , low inflation is not something to worry a Bitcoin investor. This cryptocurrency has changed the lives of people especially in its initial stages of introduction, their stories will blow your mind. In the early times, Bitcoin just cost pennies but the value of one Bitcoin has appreciated to over six thousand dollars.
One Erik Finman a twelve year old in 2011 invested all of one thousand dollars given to him by his grandmother which two years later would appreciate to one hundred thousand dollars. The young man would later drop out of school to develop his own company that would later find a buyer who offered three hundred Bitcoins for the company . One Norwegian man, Kristoffer Koch was writing a thesis paper and that is how he came to know about Bitcoin, he invested just twenty seven dollars and forgot about it later when he saw Bitcoin trending on the news he remembered his password and checked to see what he had , it was a whooping Eight hundred and eighty six thousand dollars to his name and this info. is contained on our website.
The success stories are fun top discover but there are people who have lost on Bitcoin too. Jered Kenna’s story is one that will have you feeling for the man, he was an early adopter and got hold of his coins when they cost 20 cents but unfortunately hackers would get to his email and get the access to his wallet and disappeared with 800 of the coins and deleting his computer. The story of the ten thousand Bitcoin pizza is bound to close the curtains, one man Laszlo Hanyecz paid ten thousand bitcoins in exchange for Papa John’s pizza which at the time were worth thirty dollars but today they are worth eighty two million US dollars, this was the first Bitcoin transaction for a tangibles as you can see when you click the page of our website.
