BTC buy&sell - best rates from HiRiBi.com

[Hiribi official]

What is the purpose of cryptocurrency?

The original intention behind Bitcoin, the first cryptocurrency, was to create an electronic cash system people could use in daily transactions. You technically can buy and sell things with it, but it’s not widely accepted as a form of payment yet, so you’ll have very limited purchasing power. Bitcoin’s price fluctuates quickly and the original aim is still not achieved.

While BTC is not a ubiquitous digital money system, Bitcoin has shown investors that it can be potentially profitable as an investment asset. Many individuals purchase crypto to cash it out for a benefit after it increases in value. BTC reached a new high since May 2021 at once. But given the crypto’s history of volatility, this increase doesn’t guarantee a long-term reversal. Hiribi will hold the door for you, so get in time, if you want to receive your gain.

TAP TO CHECK IT OUT

[Hiribi official]

Why are governments afraid of Bitcoin?

During the last 10 years, Bitcoin has obtained attention—not only from ordinary people—but also from governments around the world.
Some authorities fear that BTC can be used to circumvent capital rules, can be used for money laundering or illegal grips, and could be risky to investors. However, others see the decentralized cryptocurrency's potential to destabilize or diminish the control of central banks.
Governments in many states are afraid of mysterious money laundering.

Though, Bitcoin trade is not banned and is completely legal. You still can exchange your assets using the increased exchange rate after the market drop. The decline has gone and transactions take place again. See how the exchange rate rose and get your profit.

GET STARTED TO EXPLORE THE SERVICE

[Hiribi official]

Honest announcement of Bitcoin creator

Satoshi Nakamoto makes an accurate claim, to be exact: ‘If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry’. The founder of Bitcoin, Satoshi Nakamoto, saw before everyone else what Bitcoin was capable of. In those early days, however, not many could imagine the potential of this new currency. As Satoshi Nakamoto let know, there are no responsibilities in this business, everyone works for themselves and looks for the best option to make a profit.

Today, his invention has completely changed the world and it’s safe to assume that those early doubters should have done more research. Bitcoin is up 63% this year, though, far away from its record just below $65,000 in April. Recently the coin was trading at $47,000 on the exchange and 53,4k USD on the service. Have you already counted an advantage?

Swipe up to see valuable price

[Hiribi official]

What makes Bitcoin grow to $100k in 2021

Bitcoin that was once viewed as mysterious by many in the past boomed now not only in value but also in popularity. Two key things bring the coin such as spreading among the society.

Firstly, better trust. Giant financial institutions like Tesla, Square, MicroStrategy, etc. invest assets in digital currency. More than two tens of public firms now own some cryptocurrencies on their balance sheets. Many more are starting to offer services to people interested in buying Bitcoin or to companies that want to hold it or accept it for payments. And here appears the second factor that supports Bitcoin.

Because of global trends, BTC is now closer to $100K than it is closer to $0. The recent developments around Bitcoin worldwide are proof of the fact that it is inching closer to becoming a mainstream asset class.

SLIDE TO GROW IN CAPITAL AS FAST AS BTC

[Hiribi official]

Is Singapore set to become a hub for the crypto industry?
"Theses on cryptocurrency development in one of the world's richest countries"
Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), has made some interesting statements about the development of cryptocurrencies:
- Cryptocurrencies are an investment in a promising future.
- Singapore is at the forefront of cryptocurrency adoption. The country has specifically developed a legislative framework and tax regime for the development of digital assets.
- MAS practices very strict regulation to protect investors.
Can Singapore replace China on the global cryptocurrency scene?

[Hiribi official]

Will Bitcoin lead the crypto market this week?
FIRST TANGIBLE PROGRESS

Bitcoin fell to $17,600 over the weekend, but today the cryptocurrency market flagship rebounded from part of the fall and returned to the $20,500 level. At the moment, it's storming back to 21K. But in order for the uptrend to recover, the bulls need to put more strength and consolidate above $23,800. Nevertheless, many altcoin market assets have followed BTC's lead - most of them have gained an average of 5-8% over the past 24 hours.
Where will the top capitalised cryptocurrencies go next? Do you believe this crypto winter will end soon?