I'LL COACH YOU TO EARN MONEY ONLINE
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Monday, June 5, 2017
Why Ethereum May Grow Higher in Value Than Bitcoin
Why Ethereum May Grow Higher in Value Than Bitcoin
In May 2017, investors and spectators alike saw Bitcoin price pass the value of $2,300. This figure marks the highest peak of Bitcoin’s value in its entire lifetime. Due to the success of Bitcoin over the years, many investors have been attracted to it and other cryptocurrencies as well.
However, Bitcoin is not the only cryptocurrency that has risen in value. Another leading cryptocurrency known as Ethereum has also ascended in value since January 2017. From its original value of $8.24, it has recently gone on to attain a figure of $203, which represents a rise of 2,367 percent.
Investors worried
It has been within the last few years that cryptocurrencies have gained much favor among investors who are looking for alternative means of investing other than the traditional investment mediums. While most investors still have their money invested in traditional financial markets, such as the stock market and the forex market, a lot of these investors have become worried about the economic climate of the world economy.
With recent events pointing to its inherent instability, many investors have been looking to other means of investment where they can put their money.
With the creation and popularization of cryptocurrency, as well as its sharp rise in value, many investors, especially those from Asia, have joined in on the Bitcoin and cryptocurrency trend.
Ethereum advantage
While most people are more familiar with Bitcoin, Ethereum has also gained its fair share of the market. However, the key difference between the two lies in the technology used by Ethereum and Bitcoin.
The difference in the system would be that Ethereum’s data processing is much faster than Bitcoin, as Ethereum’s system automatically applies the terms and conditions of a contract once it has been agreed upon.
While many might think that Ethereum may be inferior to Bitcoin because its price value is lower, this is actually a good thing for potential investors who are looking for means of investing other than Bitcoin. The lower price may attract more investors as there is more room for growth. The only drawback would be that Ethereum is not as well established as Bitcoin. In consideration of this, Bitcoin is safer than Ethereum.
Not as volatile as before
Cryptocurrencies have made their mark ever since the inception of Bitcoin in 2009, and they are continuing to grow. In fact, the value of legitimate cryptocurrencies has grown much since that time.
Though cryptocurrencies are doing very well this year, analysts foresee that when the economic climate is better, investors will go back to traditional investment mediums and leave cryptocurrencies. When this happens, the volatility of cryptocurrencies will go down due to the decrease in demand.
Of course, the next few years will still see the growth of cryptocurrencies, which will help the industry remain quite strong. While this is all happening, it would definitely be a good idea for investors to hold on to their cryptocurrencies as they continue to strive for future growth.
Crypto Currencies
Major fortunes, millions of dollars in some cases, have been made and lost with alt-coins. So, it might be in your interest to keep reading and then continue with your research of the alt-coins and application coins.
Bitcoin was the category creator of crypto-currency and got everyone excited with huge movements in the Bitcoin price. That is what happens when it goes from $0.05 to $1,200 in four years. Millionaires get minted!
With the initial innovation has come an explosion of 'alt-coins'. Bitcoin is considered a SHA-256 coin because it uses that algorithm for the proof of workcomponent.
Other alt-coins use different algorithms such as scrypt, X11, X13, X15, NIST5 and 100% proof of stake. Often the developers of alt-coins are seeking to develop some new innovation that makes it more useful to market participants.
Alt-coins have traditionally been extremely volatile in price which seems to draw speculators. So far we have only included a few of the 600+ alt-coins so we hope you find the resource pages useful!
Alt-coins
Bytecoin is the private untraceable cryptocurrency launched in 2012 and is the first enterprise-ready solution.
Dash calls itself an "open sourced, privacy-centric digital currency with instant transactions." It is currently a top five cryptocurrency by market cap.
Devcoin is an ethically inspired cryptocurrency created in 2011 to support open source programmers and writers worldwide.
Dogecoin was created as a joke in December 2013. It is based on the Doge internet meme. Today, it is one of the most popular altcoins.
The Hayek is an exciting new cryptographic gold receipt issued by Anthem Vault, a leading online retailer of vaulted and insured silver and gold bullion.
Litecoin is the most widely used altcoin. It was created in 2011 by Coinbase engineer Charlie Lee while he worked at Google. It is currently a top five altcoin in terms of market cap.
Namecoin is a decentralized open source information registration and transfer system based on the Bitcoin cryptocurrency.
Peercoin seeks to be the most secure cryptocoin at the lowest cost, by rewarding all users for strengthening the network.
PIVX is the private instant verified transactions cryptocurrency built on Bitcoin Core with DASH masternodes and proof of stake.
Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public.
Ripple is an internet protocol developed by Ripple Labs to connect all the world's disparate financial systems to enable secure transfer of funds in any currency in real time.
Application coins
Augur is a decentralised prediction market to exchange value when forecasting event outcomes based on the 'wisdom of the crowd' principle.
Counterparty is a protocol built on top of Bitcoin. It enables anyone to create custom tokens and decentralized financial applications using the Bitcoin network.
Ethereum is a decentralized platform that allows developers to create decentralized applications and smart contracts.
Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system.
Mastercoin is a digital currency and communications protocol built on the Bitcoin block chain. It is one of several efforts to enable complex financial functions in a cryptocurrency.
Nxt is an open source cryptocurrency and payment network launched in November 2013 by anonymous software developer BCNext.
Monday, November 9, 2015
Earning in the Digital Era: My Experience and Recommendations for a Earning on...
Earning in the Digital Era: My Experience and Recommendations for a Earning on...: 'Earning in the Digital world' the title I've chosen looks simple,looks complicated. Readers must be wondering whether I got co...
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Up dates:
Up dates:
My latest reports of November 7, 2015 in the mornig at 9am.Reports are not typical. It can vary according to the number of ad packs.
Account Balance:
$ 91. 559 withdraw
5
Active Sharing Positions
5
Total Sharing Positions
$161.09
Earnings From Sharing
$164.51
Total Earned
0
My updates today Nov. 7 2015 at 4pm second time for the day.
Account Balance:
$ 94.54 Withdraw
5
Active Sharing Positions
5
Total Sharing Positions
$163.51
Earnings From Sharing
$167.10
Total Earned
0
Active Referrals
$0.00
Commissions Earned
$3.59
From CashLinks
$0.00
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Updates on Nov 9 2015
Account Balance:
$119.679 profit earned immediate cash
Active Sharing Positions
5
Total Sharing Positions
$188.63
Earnings From Sharing
$192.63
Total Earned
0
Active Referrals
$0.00
Commissions Earned
$4.00
From CashLinks
$0.00
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