Investing in Bitcoin is one of the best investments you could think of.

Over the past years, the value of bitcoin has risen drastically. When bitcoin was introduced in January, 2008, by Satoshi Nakomoto, who is yet to be revealed, it had a value of $0. Bitcoins initially traded for next to nothing. The first real price increase occurred a year after it was created in July. When the valuation of a bitcoin went from around $0.0008 to $0.08 for a single coin. As at 2020, the value of a bitcoin is worth more than $25, 000.00. Now, a good question would be what happened between these years?

 The first businness deal took place between Nakamoto and an early user of the newly created crypto in January 2009. The first transaction happened in 2010 when a bitcoin miner bought two pizzas from a Papa John's in Florida for 10,000 bitcoins. That's worth more than $250, 000,000.00 currently. If the the public had been made aware of the fact that the newly created crypto would have risen, billions of people would be so rich today.

Bitcoin began to really take of in the year 2013, where bitcoin attained a value of $13.50 per coin in January. By April, the price of one bitcoin was sold at $220, however it dropped in mid April and settled at $70.00. Bitcoin prices are influenced by the supply of bitcoin and market demand for it, along with costs of production and rewards issued to miners for verifying transactions. Bitcoin isn't issued by a central bank or backed by a government, therefore the monetary policy, inflation rates, and economic growth measurements that typically influence the value of currency do not apply to it.

The supply of bitcoin is impacted in two different ways. First of all the bitcoin protocol allows new bitcoins to be produced at a fixed rate. New bitcoins are introduced into the crypto market when miners process blocks of transactions and the rate at which new coins are introduced is designed to slow over time. Case This can create scenarios in which the demand for bitcoins increases at a faster than the rate of supply, which can drive up the price.

Imagine the value of bitcoin in the next ten years to come. I urge you all to think about really investino with a cryptocurrency with very little risk of inflation. Bitcoins were made free to mine when it wast being introduced to the market of cryptocurrency. Anyone who invests in bitcoin is likely to get a huge profits in years to come, however, if you feel like you're not ready to invest, bee coin is giving you the opportunity to mine for free, till the final value is attained. It's a communitu that requireshe people to refer other. I'm giving anyone reading this, the opportunity to start investing in their future.

Register your bee account with your referral "kuuku" without quotations. Mine every 24 hours by opening the app once a day. Give yourself a chance to make money. Huge money! Once the price has been attained, you'll be able to exchange it for real bitcoin or bitcoin cash, however I advice you to hold on to it. You don't want to be the man who sold 10,000 bitcoin for $0.008, do you? Hold on till it reaches a higher value.