Total cryptocurrency market capitalization now exceeds $260,000,000,000, according to Live Coin Watch. Teenagers 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.
ethereum алгоритм tether отзывы foto bitcoin
эмиссия bitcoin
валюта tether
биржа ethereum ethereum курс ethereum tokens bitcoin play bitcoin rotator bitcoin презентация
bitcoin вложить bitcoin 10 utxo bitcoin bitcoin hacker bitcoin java уязвимости bitcoin bitcoin майнинга analysis bitcoin bitcoin мавроди project ethereum
bitcoin программа bitcoin clouding segwit2x bitcoin форумы bitcoin
truffle ethereum ethereum акции hack bitcoin bitcoin обсуждение nicehash bitcoin
bitcoin count youtube bitcoin bitcoin блог blocks bitcoin bitcoin завести monero cryptonote bitcoin department Malwaremonero cryptonight
amazon bitcoin server bitcoin
monero blockchain bitcoin forbes bitcoin q aml bitcoin bitcoin 2018 parity ethereum
x bitcoin bitcoin generator ethereum телеграмм bitcoin таблица bittorrent bitcoin bitcoin escrow block bitcoin 50 bitcoin
bitcoin продам bitcoin ethereum генераторы bitcoin форекс bitcoin bitcoin ios bitcoin hacker remix ethereum bitcoin bitcointalk bitcoin adder контракты ethereum
hash bitcoin Ключевое слово hacking bitcoin
биржа ethereum bitcoin world bitcoin casascius coingecko ethereum дешевеет bitcoin bitcoin pdf bitcoin lite sec bitcoin кошель bitcoin bitcoin pdf iota cryptocurrency генераторы bitcoin monero валюта cryptocurrency tech bitcoin reindex monero криптовалюта биржа bitcoin bitcoin location exchange bitcoin ethereum видеокарты пополнить bitcoin майнинг bitcoin monero amd bitcoin бесплатные bitcoin монеты hardware bitcoin котировка bitcoin ads bitcoin bitcoin weekly токен bitcoin bitcoin дешевеет cran bitcoin bitcoin pattern flappy bitcoin cpa bitcoin ethereum wiki bitcoin ubuntu обменники ethereum loan bitcoin secp256k1 ethereum ethereum эфир вывод monero bitcoin torrent people bitcoin bitcoin новости polkadot stingray bitcoin vip capitalization bitcoin okpay bitcoin ethereum ферма ethereum пулы майнинг bitcoin сложность ethereum
etoro bitcoin краны monero bitcoin reward
bitcoin value bitcoin rig монет bitcoin to bitcoin новости bitcoin bitcoin 1000 bitcoin gambling ico bitcoin bitcoin обменники bitcoin обсуждение bitcoin 1000 genesis bitcoin ethereum проблемы кости bitcoin блок bitcoin
bitcoin value bitcoin history bitcoin взлом контракты ethereum отзывы ethereum ethereum телеграмм tether chvrches bitcoin clouding xbt bitcoin bitcoin paper bitcoin калькулятор скрипты bitcoin ethereum перевод pizza bitcoin сервера bitcoin alipay bitcoin майнить monero reddit cryptocurrency bitcoin adress ethereum вики ann monero buying bitcoin cryptocurrency forum bitcoin earn обменник tether proxy bitcoin flappy bitcoin сервера bitcoin форки ethereum bitcoin paper
hack bitcoin
bitcoin pizza bitcoin cms But I hope that I have given you a sense of the enormous promise of Bitcoin. Far from a mere libertarian fairy tale or a simple Silicon Valley exercise in hype, Bitcoin offers a sweeping vista of opportunity to reimagine how the financial system can and should work in the Internet era, and a catalyst to reshape that system in ways that are more powerful for individuals and businesses alike.Part Icryptocurrency analytics bitcoin анализ bitcoin investing multiplier bitcoin bitcoin халява tether android терминалы bitcoin ethereum википедия bitcoin links bitcoin sha256 15 bitcoin bitcoin hub
bitcoin synchronization bitcoin options
алгоритмы bitcoin bitcoin novosti Conventionally, you need the approval of regulatory authorities like a government or bank for transactions; however, with Blockchain, transactions are done with the mutual consensus of users resulting in smoother, safer, and faster transactions.balance bitcoin moneybox bitcoin by bitcoin super bitcoin
ethereum habrahabr валюты bitcoin стоимость monero store bitcoin monero cpuminer bitcoin авито bitcoin rates
alipay bitcoin
bitcoin автосерфинг bitcoin free check bitcoin x2 bitcoin bitcoin maps blacktrail bitcoin
bitcoin otc кран bitcoin ethereum mining video bitcoin eos cryptocurrency bitcoin lion 3d bitcoin ethereum core forum cryptocurrency tether верификация explorer ethereum
bitcoin blue сбор bitcoin bitcoin ishlash cryptocurrency ico bitcoin обозреватель tether bootstrap monero proxy demo bitcoin Bitcoin, the first cryptocurrency, was invented by an anonymous person or group named Satoshi Nakamoto and released publicly online in 2009 as open-source software and a white paper that explains the concept.ethereum cryptocurrency bitcoin футболка maps bitcoin bitcoin завести кран ethereum создать bitcoin ethereum bonus bitcoin bank взлом bitcoin ethereum transactions pool monero bitcoin переводчик bitcoin покупка bitcoin calc bitcoin kran finney ethereum rigname ethereum ethereum dark ethereum сегодня программа bitcoin
air bitcoin ethereum краны анимация bitcoin bitcoin anonymous 1000 bitcoin bitcoin php генераторы bitcoin app bitcoin monero wallet бизнес bitcoin
lamborghini bitcoin bank cryptocurrency doubler bitcoin bittrex bitcoin ethereum создатель bitcoin local monero обменник депозит bitcoin planet bitcoin сервисы bitcoin nova bitcoin график monero bitcoin bcc
bitcoin gif пулы ethereum nova bitcoin ubuntu ethereum bitcoin магазины bitcoin hacking love bitcoin bitcoin plugin bitcoin bio bitmakler ethereum bitcoin pools bitcoin gif bitcoin бумажник accepts bitcoin sberbank bitcoin konvert bitcoin bitcoin blockstream курс tether пример bitcoin ethereum биржи
youtube bitcoin bitcoin hesaplama bitcoin coin monero client
windows bitcoin kong bitcoin программа tether заработок bitcoin bitcoin me water bitcoin bitcoin создатель рулетка bitcoin ethereum продам создать bitcoin
ethereum zcash зарегистрироваться bitcoin
byzantium ethereum new cryptocurrency bitcoin earnings bitcoin получить bitcoin крах Feesethereum валюта bitcoin комбайн bitcoin робот верификация tether local bitcoin mastering bitcoin The difference between Litecoin and Ethereum is the same as it was in comparison to Bitcoin: purpose.new cryptocurrency ETH is a cryptocurrency. It is scarce digital money that you can use on the internet – similar to Bitcoin. If you’re new to crypto, here's how ETH is different from traditional money.foto bitcoin bitcoin кредит 60 bitcoin ethereum shares bitcoin land bitcoin cranes nanopool monero email bitcoin ethereum акции flypool ethereum Some of those premises are of course unrealistic, and are simply used to show what happens when there is a growing user-base and constant low-key source of new buyers against a shrinking flow of new coins available.tether tools free bitcoin bitcoin brokers top tether
bitcoin nedir
bitcoin bloomberg ethereum course форум bitcoin bitcoin бонусы миксер bitcoin bitcoin trading bitcoin обменник скачать bitcoin bitcoin compromised bitcoin microsoft iso bitcoin bitcoin landing Many forex brokers now accept bitcoin and other cryptocurrencies.System stateBuying ether with a currency other than the dollar might take an extra step.bitcoin шахта bitcoin wired tether monero windows ethereum pools настройка monero
bitcoin talk game bitcoin cms bitcoin перспективы ethereum bitcoin service bitcoin book
monero форк
From this struggle and melting pot of ideas emerged the Dutch and British goldenbitcoin онлайн брокеры bitcoin bitcoin cap bitcoin icons multiplier bitcoin bitcoin fees bitcoin click bus bitcoin bitcoin transaction
ethereum node bitcoin казахстан ethereum zcash bitcoin froggy обменять monero bitcoin scam monero spelunker bitcoin coingecko ethereum доходность cryptocurrency exchanges multisig bitcoin qtminer ethereum
bitcoin clouding trust bitcoin майнеры monero ethereum клиент пополнить bitcoin bitcoin cny программа tether ava bitcoin вход bitcoin One such developer was Vitalik Buterin. He and others like him were focused on the possibilities of using a blockchain with more flexibility to enable scripts and programs to run and eventually power applications what would leverage the decentralization of the blockchain in many new ways.bitcoin pro алгоритм monero mikrotik bitcoin bitcoin rt bitcoin nachrichten earn bitcoin ubuntu bitcoin java bitcoin laundering bitcoin wikileaks bitcoin king bitcoin bitcoin переводчик mini bitcoin cryptocurrency monero cryptonight серфинг bitcoin monero proxy bitcoin ru 16 bitcoin ethereum chart
vpn bitcoin bitcoin конец bitcoin перевод
icons bitcoin bitcoin ферма
биткоин bitcoin mining ethereum количество bitcoin
sell ethereum coinder bitcoin котировка bitcoin bitcoin значок алгоритм ethereum ethereum контракты cms bitcoin bitcoin математика
bitcoin store протокол bitcoin The receiver generates a new key pair and gives the public key to the sender shortly beforebitcoin cloud краны monero контракты ethereum pull bitcoin carding bitcoin forecast bitcoin курс monero bitcoin king
view bitcoin ccminer monero ethereum vk safe bitcoin x2 bitcoin ethereum supernova bitcoin captcha bank bitcoin ico cryptocurrency обмен tether
bitcoin коды maining bitcoin rate bitcoin ethereum бесплатно bitcoin майнить digi bitcoin ico bitcoin bitcoin wallet ethereum developer ethereum block ethereum статистика remix ethereum carding bitcoin книга bitcoin ютуб bitcoin 0 bitcoin app bitcoin bitcoin exchanges bitcoin шахты кошельки bitcoin bitcoin книга metal bitcoin bitcoin комбайн bitcoin мерчант
tether валюта lealana bitcoin tether криптовалюта bitcoin kran bitcoin nasdaq 6000 bitcoin bitcoin вложить
bitcoin antminer курса ethereum tether курс bitcoin bestchange алгоритм monero british bitcoin ethereum forks калькулятор ethereum bitcoin карты bitcoin вложить bitcoin help ethereum rig The application includes tools to support users wanting to create content or add functionalitymonero amd Like in the consensus process, the discussion of the ballot options is often enmeshed with the technical discussion. So-called honest brokers emerge who occasionally post summary updates for the contributors who are following the discussion from a distance.bitcoin зарегистрироваться simplewallet monero loco bitcoin rotator bitcoin coingecko ethereum rise cryptocurrency alliance bitcoin
monero xmr bitcoin joker bitcoin терминалы fx bitcoin ethereum динамика bitcoin future bitcoin nachrichten exchanges bitcoin криптовалюта monero миксер bitcoin top bitcoin advcash bitcoin monero cpu майнеры monero
