Bitcoin is a decentralized software-based payment system that was released to the general public in 2009. Improvements and updates have been made on this cryptocurrency since 2009 and which saw many people invest in the currency. Those who invested in this currency in its early days made a lot of profit, while those who are currently investing in the currency are seeing sluggish improvements in their investments because of the negative publicity and attacks from governments in the past few years. The profits that were realized in 2013 have made others look for ways on BCHAC Wallet. But is this a worthy investment?
Although bitcoin was released in 2009, it became a subject of debate in 2013 since in the years 2011 and 2012, the virtual money had gained value of over 300%. Additionally, because October 2013, the value increased by 100 percent, and it became apparent that bitcoin investment was the way to go. Despite this, its performance since January 2014 continues to be slow and saw the currency drop in value by 34 percent. But despite this fall in value, investors and venture capital firms all over the world still believe this software-based currency remains the best investment in the long run and may be compared to investing in gold.
This argument is also supported by the fact that in 2014, investors and venture capitalist firms had first quarter investments of up to $57 million whereas the second quarter saw investors pump at $73 million. This came to a total of $130 million, which was an increase of about 50% from 2013,’s total of approximately $88 million. If you want to purchase bitcoin, you will also want to note that in 2012, investors were just able to invest only $2 million to bitcoin. While there’s been a decline in cost since 2014, the currency still continues to rise and has seen both retailers and users take it as a way of payment.