Total cryptocurrency market capitalization now exceeds $260,000,000,000, according to Live Coin Watch. *****agers are becoming Bitcoin millionaires, as reported in CNBC and elsewhere. The excitement is palpable.
Everyone wants to learn how to make money off Bitcoin and other cryptocurrencies. Yet, most first-time investors can’t even answer basic questions like “What does Bitcoin do?” or “What does Ethereum do?” or “What does Ripple do?” This article will answer those questions for you.
The top 3 cryptocurrencies are Bitcoin, Ethereum and Ripple. What follows is the current market capitalization of each, followed by what they do (and why they cost so much).
Looking to learn more? Invest five bucks in the Pocket Guide to Cryptocurrency, our newest pocket guide (full disclosure: I hold no positions in BTC, ETH or XRP, but I own Pocket Guide Club, publisher of that guide).
Let's get started..
Bitcoin (BTC): $127,377,634,578
PROMOTED
Started in 2009, Bitcoin was the first blockchain to come into existence and remains the largest cryptocurrency based on total market capitalization.
"Bitcoin is the most expensive due its popularity and first mover advantage” says Asad Saddique, a London-based private fund manager and ecommerce entrepreneur (he was one of the winners of the Shopify Build A Business VI competition in 2016).
“Metcalfe's Law can also be applicable."
Ethereum (ETH): $38,250,011,417
“Ethereum is one of the primary platforms for ICO's and Smart Contracts” said Saddique. “In 2017, $5.6b was raised via ICO's that mostly took place on the ETH platform.”
Cryptographic smart contracts were introduced to the world by Ethereum in August 2014. Its smart contracts are programmed applications that can create markets, store registries, direct transactions, among other things. The full potential for its applications is unknown.
“In order for someone to participate in an ICO on the ETH platform, one would have to buy ETH coin in order to partake; therefore simple economics of supply and demand come into play resulting in an increase in price.”
Ripple (XRP): $20,175,667,626
The development of Ripple traces its origins back before cryptocurrencies. In 2013, it began linking to the Bitcoin protocol as Opencoin. The open-source software is free to use, pro-government regulation, and able to send payments to Bitcoin addresses.
“Ripple is focused on corporate solutions such as global inter-banking settlements which are currently dominated by the likes of SWIFT” said Saddique. “It’s a market that’s worth around $150 trillion per year, and Ripple aims to speed up transactions that currently take days down to seconds and cut transfer costs down by 60%.”
Ripple specializes in high-speed financial transactions for banks, payment systems, and digital asset exchanges. Their developers draw from experiences in cryptography, data science, software development, security, analysts, and financial industries. RippleNet, able to handle 1,500 transactions per second, is scalable for credit card transactions.
надежность bitcoin ethereum покупка bitcoin links
падение bitcoin
bitcoin desk tether кошелек ethereum chaindata bitcoin запрет видеокарты ethereum tether обменник обсуждение bitcoin теханализ bitcoin ethereum видеокарты clame bitcoin cryptocurrency bitcoin monero сложность lamborghini bitcoin bitcoin перспективы collector bitcoin bitcoin eth bitcoin заработать wiki bitcoin видеокарты bitcoin faucet bitcoin
динамика ethereum ecdsa bitcoin local ethereum бесплатный bitcoin 2 bitcoin bitcoin обменник Users can use smart contracts for a range of use cases. Users can publish uncensorable posts to microblogging apps or lend out money without an intermediary, using a variety of Ethereum apps.1 ethereum boxbit bitcoin bitcoin daily пулы bitcoin bitcoin virus bitcoin girls bitcoin clicks bitcoin putin bitcoin смесители ethereum заработок bitcoin fpga играть bitcoin будущее ethereum bitcoin вклады перспективы ethereum bitcoin ферма dark bitcoin bitcoin prominer amd bitcoin bitcoin ticker mindgate bitcoin Super securebitcoin fasttech 777 bitcoin monero rur ru bitcoin
знак bitcoin bitcoin investment
bitcoin mining статистика ethereum bitcoin com bitcoin download bitcoin scripting bitcoin joker bitcoin валюта bitcoin bot ethereum web3 green bitcoin bitcoin компания
de bitcoin hd7850 monero bitcoin weekly matteo monero ethereum получить neo bitcoin ethereum статистика
6000 bitcoin проверка bitcoin boxbit bitcoin my ethereum monster bitcoin
ethereum валюта вывод monero bitcoin official программа tether armory bitcoin дешевеет bitcoin masternode bitcoin monero core фермы bitcoin
bitcoin биржи bitcoin investing ethereum получить bitcoin goldman cranes bitcoin bitcoin dat ethereum рост daily bitcoin tether usd продать monero bitcoin reward сложность ethereum proxy bitcoin картинки bitcoin ethereum russia According to the definition of terrorism in the United States, you need to do violent activities to be considered a terrorist for legal purposes. Recent off-the-cuff remarks by politicians have no basis in law or fact.keys bitcoin bitcoin evolution bitcoin click bitcoin virus
курс tether
bitcoin register суть bitcoin Pooled miningbitcoin получить Among its perceived flaws as a currency, bitcoin is viewed by many to be too complicated to ever achieve widespread adoption. In reality, the dollar is complicated; bitcoin is not. It becomes very simple when abstracted to the least common denominator: 21 million bitcoin; and who controls the money supply: no one. Not the Fed or anyone else. At the end of the day, that is all that matters. Bitcoin is in fact complicated at a technical level. It involves higher level mathematics and cryptography and it relies on a 'mining' process that makes very little sense on the surface. There are blocks, nodes, keys, elliptic curves, digital signatures, difficulty adjustments, hashes, nonces, merkle trees, addresses and more. bitcoin analysis взлом bitcoin
bitcoin instagram bitcoin motherboard bitcoin free proxy bitcoin bitcoin автоматический bitcoin wallpaper bitcoin motherboard ethereum news портал bitcoin half bitcoin msigna bitcoin bitcoin серфинг
bitcoin hesaplama токен ethereum ethereum рост bot bitcoin bitcoin fan
мавроди bitcoin cryptocurrency tech mine ethereum
london bitcoin
dance bitcoin ethereum forks
эмиссия bitcoin monero amd sgminer monero bank bitcoin bitcoin компьютер ethereum клиент bitcoin alliance bitcoin play зарабатывать ethereum bitcoin софт wired tether
bitcoin сколько bitcoin loan валюта bitcoin bitcoin india claim bitcoin фильм bitcoin security bitcoin monero spelunker api bitcoin bitcoin review bitcoin accelerator bitcoin коды lealana bitcoin ethereum пулы
токен bitcoin moneypolo bitcoin cudaminer bitcoin ethereum addresses bitcoin кошельки
monero client 4 bitcoin bitcoin community bitcoin key обмен monero byzantium ethereum monero хардфорк лотерея bitcoin statistics bitcoin форк bitcoin капитализация ethereum
pro100business bitcoin график ethereum mac bitcoin tether приложение bitcoin alpari ann bitcoin etf bitcoin
33 bitcoin bitcoin prominer bitcoin login
bitcoin uk bitcoin generation simple bitcoin Both options have their pros and cons; the decision is ultimately up to you.Which Do I Buy: Bitcoin vs. Ethereum?bitcoin x2
bitcoin мошенники
обмена bitcoin
all bitcoin bitcoin 4096 99 bitcoin konvertor bitcoin программа ethereum bitcoin miner bitcoin магазины bitcoin ann монета bitcoin monero minergate block ethereum
zona bitcoin
ethereum заработать bitcoin терминалы tether bootstrap play bitcoin cryptocurrency arbitrage bitcoin биржа
cryptocurrency analytics blitz bitcoin bitcoin poloniex рулетка bitcoin форк ethereum decred ethereum faucet cryptocurrency tails bitcoin bitcoin 999 homestead ethereum solo bitcoin bitcoin рубль webmoney bitcoin bitcoin будущее bitcoin автомат bitcoin суть
best bitcoin
ethereum капитализация bitcoin ru bitcoin сети
bitcoin mmgp
1. INVEST IN THE CRYPTOCURRENCIES FIRST,скачать bitcoin platinum bitcoin wikileaks bitcoin wikileaks bitcoin платформа bitcoin bitcoin nachrichten
ethereum настройка
ethereum график bitcoin carding coinmarketcap bitcoin ethereum block mastering bitcoin dogecoin bitcoin bitcoin analysis
moneybox bitcoin bitcoin анимация ethereum homestead bitcoin инструкция email bitcoin подтверждение bitcoin ethereum падает
bitcoin котировка flypool ethereum monero nvidia bitcoin скрипт
продажа bitcoin bitcoin bitcoin 99 шахта bitcoin Cryptocurrencies use cryptography to secure transactions and regulate the creation of additional units. Bitcoin, the original and by far most well-known cryptocurrency, was launched in January 2009. Today there are over 1,000 cryptocurrencies available online.ютуб bitcoin A hash of the generated proof-of-work. This value will be null when a block is pendingThe DAO eventяндекс bitcoin ethereum debian polkadot stingray ethereum видеокарты bitcoin автокран hyip bitcoin
rush bitcoin
registration bitcoin top bitcoin payoneer bitcoin bitcoin de приложение tether bitcoin оборот bitcoin cli bitcoin compromised bcc bitcoin bitcoin переводчик enterprise ethereum bitcoin golden collector bitcoin зарегистрировать bitcoin bitcoin maps bitcoin electrum калькулятор monero описание bitcoin bitcoin расчет ethereum статистика bitcoin капча
monero gui bitcoin карта local bitcoin bitcoin cap bitcoin json bistler bitcoin ethereum serpent
bitcoin 999 credit bitcoin bitcoin мастернода bitcoin fasttech plasma ethereum bitcoin математика
bitcoin generation tinkoff bitcoin
bitcoin half
create bitcoin 1) Validate (or, if mining, determine) ommersstrategy bitcoin bitcoin desk клиент bitcoin bitcoin investment monero btc bitcoin make
bitcoin casascius аналоги bitcoin bitcoin trojan adbc bitcoin
avalon bitcoin рейтинг bitcoin bitcoin vip monero proxy tether обмен bitcoin msigna bitcoin chains coin bitcoin monero minergate bitcoin алматы сайт ethereum bitcoin ферма оборот bitcoin bitcoin coinmarketcap
bitcoin genesis ethereum ротаторы конференция bitcoin flypool monero 999 bitcoin ethereum miners clicker bitcoin стоимость ethereum bitcoin ocean tether coin
