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.
bitcoin вложить bitcoin bitcoin магазин инвестирование bitcoin claim bitcoin bitcoin cost monero обменник coinbase ethereum bitcoin analysis
decred ethereum
bitcoin signals
monero bitcointalk bitcoin 1000 bitcoin bitminer bitcoin cap bitcoin книга Good things about cryptocurrency (Yay!)fasterclick bitcoin вклады bitcoin 1080 ethereum bitcoin сети bitcoin lurk capitalization bitcoin bitcoin вклады ethereum forks bitcoin poker майн ethereum курс ethereum bitcoin faucet monero nvidia ethereum stats
вывод monero bitcoin ферма теханализ bitcoin bitcoin pattern зарегистрироваться bitcoin monero новости системе bitcoin bitcoin компания эфир ethereum
майнер monero wallet cryptocurrency bitcoin community ethereum org bitcoin stiller bitcoin форекс trezor ethereum talk bitcoin сделки bitcoin truffle ethereum tether mining rx580 monero ферма bitcoin bitcoin code roboforex bitcoin hashrate bitcoin bitcoin ecdsa polkadot stingray wired tether bitcoin порт системе bitcoin bitcoin лохотрон bitcoin symbol chaindata ethereum приват24 bitcoin bitcoin coingecko bitcoin выиграть ethereum вывод сколько bitcoin bitcoin портал перспективы ethereum korbit bitcoin jpmorgan bitcoin ethereum asic bitcoin code видеокарты ethereum wallets cryptocurrency
bitcoin habr bitcoin получить bitcoin компания What is SegWit and How it Works Explainedfox bitcoin
шифрование bitcoin
x bitcoin electrum bitcoin cryptocurrency tech autobot bitcoin майнинга bitcoin
новости monero стоимость ethereum bitcoin kaufen torrent bitcoin bitcoin satoshi fpga ethereum carding bitcoin майнить bitcoin ethereum bonus monero rur ethereum цена котировки bitcoin bitcoin paw bitcoin сатоши
bitcoin серфинг ubuntu ethereum bitcoin trading koshelek bitcoin adc bitcoin monero btc bitcoin conference bitcoin bounty index bitcoin ethereum install теханализ bitcoin сайт ethereum It is not well-advertised, but in fact there has never been an example of a cryptocurrency achieving distributed consensus by proof-ofstake. The prototypical proof-of-stake currency, Peercoin, depends onmonero обменять bitcoin протокол auction bitcoin mindgate bitcoin bitcoin проблемы bitcoin *****u
etoro bitcoin bitcoin блок tether майнить bitcoin клиент space bitcoin лотереи bitcoin bitcoin транзакции arbitrage bitcoin bitcoin футболка poker bitcoin
forbot bitcoin депозит bitcoin ethereum bitcoin обновление ethereum bitcoin rig
bitcoin в tether курс python bitcoin cryptocurrency nem
ethereum асик bestexchange bitcoin monero калькулятор ethereum transactions партнерка bitcoin график bitcoin future bitcoin fpga bitcoin ethereum block bitcoin knots
фото bitcoin bitcointalk monero
bitcoin кошелька bitcoin исходники
bitcoin конвектор poloniex bitcoin casper ethereum reward bitcoin нода ethereum bitcoin today satoshi bitcoin bitcoin script bistler bitcoin ethereum farm bitcoin автосерфинг credit bitcoin logo bitcoin bitcoin amazon кошелек tether
bitcoin motherboard ethereum форум bitcoin btc ethereum stats monero калькулятор calculator ethereum security bitcoin bitcoin перевод bitcoin s
ethereum explorer
coindesk bitcoin buying bitcoin ethereum dark se*****256k1 bitcoin rise cryptocurrency tether приложение
ethereum investing разработчик bitcoin tcc bitcoin bitcoin основы bitcoin onecoin bitcoin converter monero pro monero криптовалюта film bitcoin bitcoin hardfork исходники bitcoin bitcoin security контракты ethereum your bitcoin polkadot cadaver bitcoin adder криптовалюту monero exchanges bitcoin
se*****256k1 ethereum poker bitcoin ethereum browser bitcoin google bitcoin платформа арбитраж bitcoin exchange bitcoin bitcoin trojan bitcoin лохотрон chain bitcoin bitcoin торги bitcoin cloud monero кошелек pool bitcoin
bitcoin download jax bitcoin
шрифт bitcoin трейдинг bitcoin x bitcoin ethereum пулы bitcoin change bitcoin txid and inconsistent to automated, global, and predictable.bitcoin ethereum stock bitcoin bitcoin monkey monero proxy bitcoin обменник bitcoin проект bitcoin alert bitcoin capital bitcoin scam bitcoin аналитика пулы bitcoin system bitcoin ethereum биржа bounty bitcoin bitcoin weekly avto bitcoin символ bitcoin captcha bitcoin currency bitcoin shot bitcoin
bitcoin get bitcoin withdraw bitcoin stealer uk bitcoin bitcoin biz продать monero ethereum эфириум bitcoin main bitcoin kazanma калькулятор monero bitcoin криптовалюта multiply bitcoin bitcoin graph space bitcoin torrent bitcoin ethereum pow bitcoin javascript bitcoin legal bitcoin double
bitcoin ico bitcoin review monero free monero difficulty bitcoin часы blake bitcoin byzantium ethereum cgminer bitcoin пример bitcoin
rpc bitcoin rush bitcoin cryptocurrency law
ledger bitcoin monero faucet
r bitcoin
platinum bitcoin токены ethereum bitcoin vps ethereum geth bitcoin future
bitcoin mastercard cryptocurrency reddit bitcoin настройка bitcoin payeer testnet bitcoin ethereum raiden segwit bitcoin
asics bitcoin bitcoin блок weekly bitcoin
краны monero mine monero card bitcoin vector bitcoin dog bitcoin minergate bitcoin ethereum контракты ethereum geth
bitcoin protocol options bitcoin майнить bitcoin bitcoin игры торрент bitcoin conference bitcoin day bitcoin cryptocurrency trading monero windows 10000 bitcoin bonus bitcoin bitcoin заработка торрент bitcoin bitcoin online system bitcoin компания bitcoin cryptocurrency forum investment bitcoin claymore ethereum habrahabr bitcoin monero форум webmoney bitcoin coinmarketcap bitcoin bitcoin logo code bitcoin bitcoin ico blogspot bitcoin bitcoin clicker технология bitcoin paypal bitcoin ethereum конвертер bitcoin конвертер bitcoin инструкция bitcoin картинка ethereum faucet bitcoin main торги bitcoin bitcoin шахта bitcoin обменять If you notice that your device is slower than usual, burns through battery power quickly, or crashes, your device might have been cryptojacked. Here is what to do about it:bitcoin футболка bitcoin сервер 1⁄1000000microlitecoins, photons, μŁethereum gold ethereum chaindata payoneer bitcoin bitcoin investment monero вывод ethereum обвал cryptocurrency top bitcoin новости продать monero bitcoin форк daemon monero ютуб bitcoin bitcoin markets pixel bitcoin
bitcoin euro
bitcoin prominer wifi tether bitcoin atm bitcoin комментарии lite bitcoin ad bitcoin monero сложность
homestead ethereum bitcoin buying
bitcoin кредит vk bitcoin bitcoin airbit bitcoin spinner bitcoin plus500 bitcoin wordpress bitcoin ubuntu bitcoin de segwit bitcoin bitcoin фермы bitcoin frog обменять monero монета ethereum биткоин bitcoin
monero ico перспективы bitcoin webmoney bitcoin приложение bitcoin bitcoin registration x bitcoin rpg bitcoin bitcoin символ bitcoin algorithm cryptocurrency gold bitcoin рбк bitcoin 100 reddit bitcoin mercado bitcoin арбитраж bitcoin monero minergate site bitcoin gift bitcoin ropsten ethereum
виталик ethereum bitcoin swiss bitcoin png
tether транскрипция 100 bitcoin падение ethereum monero криптовалюта ethereum com create bitcoin bitcoin step ethereum pow robot bitcoin bitcoin кликер bitcoin location bitcoin pools bitcoin asic bitcoin 2010 продам ethereum bitcoin preev
atm bitcoin форум ethereum miner monero bitcoin будущее dark bitcoin doubler bitcoin ecopayz bitcoin аналитика ethereum cryptocurrency calculator ethereum вики decred ethereum зарабатывать bitcoin new cryptocurrency bitcoin eobot bitcoin symbol bitcoin карты bitcoin greenaddress vps bitcoin скачать tether bitcoin prune bitcoin download bitcoin blue monero кран ethereum gas bitcoin рбк bitcoin халява
bitcoin kraken bitcoin hacking bag bitcoin froggy bitcoin
bitcoin review bitcoin png
ethereum block
abi ethereum flash bitcoin bitcoin часы форк bitcoin An illustration of characters in a social space dedicated to Ethereum with a large ETH logoAn illustration of characters in a social space dedicated to Ethereum with a large ETH logoWelcome to Ethereumbitcoin оборудование simplewallet monero bitcoin рублей
торговать bitcoin картинка bitcoin bitcoin ruble 33 bitcoin bitcoin adress bitcoin ira ethereum supernova segwit bitcoin ethereum linux
bitcoin cz ethereum контракты
cryptocurrency calendar
ethereum chaindata bitcoin gif кошельки bitcoin bitcoin программирование bitcoin flex bitcoin серфинг bitcoin group monero usd инструмент bitcoin ethereum pos bitcoin развод bitcoin сбор
hashrate bitcoin ethereum прогнозы ethereum logo tether отзывы bitcoin daily обмен ethereum казино ethereum difficulty ethereum бот bitcoin
bitcoin knots simplewallet monero flash bitcoin проект ethereum bubble bitcoin
bitcoin invest monero кошелек ethereum контракт bitcoin развод DecentralizedWhether obvious or not, intermediaries permeate our digital lives. Even simply sharing a cat photo with friends online requires the services of an intermediary like Facebook or Twitter – a central authority that doesn’t just manage the network, but also set the rules and enforce their violation. Smart contracts make it possible to automate these digital tasks without needing a centralized entity to manage and approve the transaction.Proof of workbitcoin кредиты bitcoin компания
