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Ethereum Price - Mobile Friendly Price Of Ether

Ethereum Price - Mobile Friendly Price Of Ether

6 Ethereum Investing Takeaways From 6 Years In Crypto This post's takeaways are a culmination of my 6 years buying, selling and using cryptocurrency. Here are what I feel are some of the most important takeaways I've picked up from my time in this space. Ethereum Investors Are Still Early To The Scene Ethereum is going to fundamentally change the world in ways yet to be imagined. See why this 2 year old technology still offers a valuable use case for investors looking to buy. Millions of Dollars Frozen in Ethereum Exploit Hundreds of millions have been frozen across dozens of multi-signature Ethereum wallets. What does this mean for the price of Ether and will we see yet another hard fork? In a few weeks Bitcoin will face its most contentious split yet under the most conservative circumstances. What's in a megabyte? About $100bn. Bitcoin And Ether Rally Ahead Of Major Network Changes When a blockchain splits, the history of all transactions is - at that moment in time - identical. This means that holders of the legacy token now also hold the new split token. In the build up to the Bitcoin Cash split in August 2017, investors pulled money from [...] Continue reading >>

Ethereum's Co-creator Predicts A

Ethereum's Co-creator Predicts A "flippening" With Bitcoin In 2018

Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a "flippening" in 2018, in which ethereum overtakes bitcoin. "What you're seeing with ethereum is exponential increase in the number of projects there are billions of dollars being poured into the ecosystem right now maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year," Nerayoff said Monday on CNBC's "Fast Money." While bitcoin was designed to function as a peer to peer electronic payment system, ethereum was designed for smart contracts that execute when specific conditions are met. Nerayoff, who helped craft token sales for the ethereum project, said businesses in an increasingly wide variety of industries are starting to take note of what value Ethereum's protocol could offer them. "You're seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now you're seeing it becoming increasingly more creative you find projects in the oil and gas industry, you're finding government using it in their applications, you're seeing it in gaming, all kinds of different areas," Nerayoff said. Beyond project building, Nerayoff said usage is increasing because ethereum can process transactions more quickly and cheaply than its rival. "People are actually using it for currency, as well," he said. "Lower transactional costs are increasing usage of the entire network, and that's increasing the network effects of it. There are more users, more projects being built on there and more programmers," he said. Despite his confidence, Nerayoff isn't discounting bitcoin and the interest in cryptocurrency it inspired in 2017. "The entire space is Continue reading >>

Ethereum Price Soars Above $1,000 As Bitcoin Stalls And Ripple Rises | Fortune

Ethereum Price Soars Above $1,000 As Bitcoin Stalls And Ripple Rises | Fortune

Even as the arguable star of 2017 Bitcoin stalls thousands below its all-time high, the third largest cryptocurrency by market value, Ethereum, is soaring to new records Thursday. For the first time ever, Ethereum prices rose above $1,000 per unit in early trading Thursday, as investors look increasingly toward alternative currencies such as Ethereum, Ripple, and Litecoin . Its hard to say for certain what is causing the 8% pop in Ethereum prices. Though in recent weeks, investors have helped push up the price of another rival cryptocurrency, Ripple, in part because more and more major banks and institutions agreed to partner up with the folks behind the digital asset in a bid to speed up transactions, and growing investor interest . Similarly, banking giants have also increasingly looked to Ethereum for another set of solutions. In mid-December, a group of financial companies including UBS, Credit Suisse, and Barclays announced plans to test the Ethereum blockchain in the hopes of making it easier to meet new European Union reporting standards under the Markets in Financial Instruments Directive II. The banking group will be able to anonymously submit information to the private blockchain, and cross-check for any irregularities. Those partnerships get to the heart of a major argument as to why Ethereum proponents consider their cryptocurrency to be more flexible and, in a sense, more useful than Bitcoin. While Bitcoin is one way to use blockchain, the technology underlying digital currencies that records transactions, Ethereum allows developers to build on the blockchain platform. Thats also why initial coin offerings have largely been built on the Ethereum platform. Bitcoin is the first application built on the blockchain technology, said Ethereum co-founder Joseph L Continue reading >>

Where Do Ethereum Tokens Get Their Value From?

Where Do Ethereum Tokens Get Their Value From?

Where do ethereum tokens get their value from? Where do ethereum tokens get their value from? Bitcoin was the first blockchain, and the leader in a technological revolution. On the back of fundamentals in the underlying technology, a prominent advocate of blockchain, Vitalik Buterin, built a new technology which many are quoting as a decentralised world computer, or the Web 3.0 for short the Ethereum network. The network has its own cryptocurrency known as Ether . However, there is also an option to create a token which can be used to run specifically coded smart contracts. These tokens are generally sold to markets to generate cash, to fund a companys vision via an initial coin offering (ICO), which works in a similar way to an initial public offering (IPO). From here, a new token economy has formed, with people investing and trading these tokens, which sit on the top of the ethereum network. Tokens have value because they have scarcity, and they have utility. They are scarce becausethey have a limited number of tokens available, and theyhave utility because they have an inherent use, in the smart contracts which are built on the Ethereum network. The number of different verticals in the space is astounding. If you can think of it, its probably already being developed somewhere in the world. Online casinos, decentralised exchanges, outsourced computational power sales, micro payments processors, consensus algorithms, and cross chain compatibility tokens are all on the market. This is basically crowd funding on a different level. Individuals arent putting up cash for an equity stake in the same way as they are in an IPO, but rather they are putting up cash for a speculative use case on each company themselves. By analogy, its similar to buying the digital coins (which Continue reading >>

Ethereum Price - Coindesk

Ethereum Price - Coindesk

The vice president of the European Central Bank saidyesterday that investors are taking a risk buying bitcoin at current high prices. How many people do you think own bitcoin? I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us Continue reading >>

Ethereum And The Rise Of The Price Of An Ether

Ethereum And The Rise Of The Price Of An Ether

Ethereum And The Rise Of The Price Of An Ether {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe The Ethereum virtual currency logo is displayed on an automated teller machine (ATM) at the Coin Trader bitcoin retail store in Tokyo, Japan, on Wednesday, Aug. 30, 2017. The value of Ethereums currrency is increasing alongside Bitcoin and Litecoin, and the price of one Ether is currently at a high of $625.25 USD, according to CoinMarketCap, despite the CryptoKitties drama. 2018 will welcome a range of regulatory requirements and financial institutions are launching new products on the blockchain in order to simplify compliance, and this is where the Ethereum blockchain is becoming increasingly popular. A project named the Massive Autonomous Distributed Reconciliation program (Madrec) was announced this week and will be led by UBS with involvement from Barclays, Credit Suisse, KBC, SIX and Thomson Reuters. For a while now, financial news has been dispersed with updates of how banks are experimenting with cryptocurrencies and this announcement is one of the most recent, after Bitcoin futures began trading. Unlike Bitcoin, however, Ethereum has always been spoken about in a more positive way and has become the second largest digital currency in two years. After being launched in 2015, the value of Ethereums currency, otherwise known as Ether, has increased by more than 6,800% since the start of the year, according to The Telegraph. With Ether being the third most valuable digital currency and the virtual currency with the Continue reading >>

How Do People Give Value To Cryptocurrency And How Is The Price Of Cryptocurrency Defined? | Bitconnect

How Do People Give Value To Cryptocurrency And How Is The Price Of Cryptocurrency Defined? | Bitconnect

Precious metals gain their value/perceived value due to their utility and limited supply, and price is often tied to supply/demand. Supply/Demand is a simple economic factor that affects the price of many things. In some countries Bitcoin and other cryptocurrencies is classed as an asset, in others as a currency. Bitcoin, for example has a maximum of 21 million whole units, divisible 100 million times. With over 7 billion people on the planet, if even 1 billion were to adopt Bitcoin, 21 million whole units would not spread very far without a significant price tag. The supply is also bought in at a constant rate and is unchangeable due to the coconscious rules. This creates a supply that is limited, and thus people will pay more to get the coins they think have value. Block reward halvings, like the Bitcoin halving of 2016 caused the price to slowly increase as the halving approached, due to the reduced supply of new incoming coins imminent. This can affect the price of many cryptocurrencies, but in the case of Litecoin, did not even make a major dent in the price. The energy put into securing blockchains can be intensive. In the case of proof of work (POW) blockchains which are the most popular form, electricity usage can be intense. In the case of Bitcoin, the blockchain uses as much energy securing it at present as a small country uses. This has a factor on the price, as it takes a certain amount of energy on average to mine one Bitcoin. This goes up with difficulty increases. The more secure the blockchain and the higher the mining difficulty , the higher the perceived value and price and the harder the coins are to get through mining. This can have an impact on price and ties in with the energy usage above, in the case of proof of work blockchains such as Bitcoin a Continue reading >>

With Development And Price, Where Does Ethereum Go Long-term?

With Development And Price, Where Does Ethereum Go Long-term?

With Development and Price, Where Does Ethereum Go Long-Term? At a Blockchain conference hosted in Taipei, Ethereum Co-founder Vitalik Buterin outlined the long-term roadmap of Ethereum development. At a Blockchain conference hosted in Taipei, Ethereum Co-founder Vitalik Buterin outlined the long-term roadmap of Ethereum development. According to Buterin, most of the underlying issues of the Ethereum Blockchain network fall under the following categories: scalability, smart contract safety, consensus protocol and privacy. Several network updates including the most recent Byzantium hard fork provided solutions in the four major areas. But, as Buterin noted during an interview with South Korean mainstream media outlet Joong Ang, it may take at least two to five years to truly solve scalability within the Ethereum network. Buterin said : I would say two to five, with early prototypes in one year. The various scaling solutions, including sharding, plasma and various state channel systems such as Raiden and Perun, are already quite well thought out, and development has already started. Raiden is the earliest, and its developer preview release is out already. In regards to scalability, the Ethereum Foundation and the open-source development community of Ethereum made significant progress with the upcoming launch of the Casper testnet and the introduction of Plasma, a second-layer scaling solution developed by Buterin and Bitcoins Lightning Co-author Joseph Poon. Casper is a long-term scaling solution that employs a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus protocol onto the Ethereum network. Currently, similar to Bitcoin, the Ethereum network solely relies on the PoW consensus protocol to maintain the network and to verify transactions. As Christian Reitw Continue reading >>

What Is Ethereum And How Does It Differ From Bitcoin?

What Is Ethereum And How Does It Differ From Bitcoin?

What is ethereum and how does it differ from Bitcoin? The ethereum cryptocurrencyCredit:Bloomberg Ethereum is a rising star in the cryptocurrency world. It has quickly become the second largest digital currency in just over two years, booming in value and spurring the rise of hundreds of new rivals to Bitcoin. Launched in 2015, the value of ether (ethereum's currency)has increased rapidly. It suffered a set back before Christmas 2017, suddenly dropping from $850 to around $690 -a drop of about 20 per cent. Since then it has continued to show intense volatility, hitting highs of $1400 in January before slumping to less than $560. Last year sawmonths of increase in the price of Ethereum and rival cryptocurrencies like Bitcoin and Litecoin.At the start of 2017, one coin was worth around... Register or log in to view this and other Technology Intelligence articles. It's free and easy to do. Access brilliant stories, features and analysis Sign up to our exclusive Technology Intelligence daily newsletter Become part of our ambitious new Tech networking community Continue reading >>

Eli5 What Gives Ether Value? : Ethereum

Eli5 What Gives Ether Value? : Ethereum

EDIT: I'm not asking why the value of Ether has been growing. I am asking why Ether has value at all/why people are even buying it (other than a quick turn around investment). Many of the comments helped me understand, so thank you! I know Ethereum blockchain is designed different than the BTC blockchain, arguably better. I also know about the big news about large companies like Toyota joining the EEA. But how and why does this affect the current value of buying/selling ether? With bitcoin people are actually using it to buy and sell goods (legal and illegal), and all of that big news about Japan, and the BTC ATMs in China and India. Heck, I paid some Etsy dude for some coffee mugs in BTC. But this isn't happening with Ether. Hopefully my question is clear. And I by no means am trying to poop on ethereum. Just trying to learn. Continue reading >>

Why Is Ethereum Rising: How High Will Eth Price Go? | City & Business | Finance | Express.co.uk

Why Is Ethereum Rising: How High Will Eth Price Go? | City & Business | Finance | Express.co.uk

Ripple price: XRP DOWN 50% on record high - Why is Ripple crashing? Ethereum prices have already soared more than 89 percent since the start of January, topping off the more than 8,000 percent growth it witnessed through 2017. CoinMarketCap data suggests that the platform is now the second most valuable digital asset on the market with a market capitalisation of more than 96billion ($130billion) second only to bitcoin s 181billion ($245billion) as of 6.12pm on Wednesday. Ethereum is now attracting strong corporate interest, and Mr Nerayoff said ethereums open-source implementation has made it an attractive option to businesses. He added: "People are actually using it for currency, as well. Ethereum price: The ETH token reached an all-time high price on January 10 Lower transactional costs are increasing usage of the entire network, and that's increasing the network effects of it. There are more users, more projects being built on there and more programmers. Ether's price rally is a testament to the growing popularity of ethereum as a platform for decentralised applications The growing interest and exposition could in turn serve to grow the entire crypto space bitcoin and Ripple included. Thomas Glucksmann, head of marketing and APAC business development at Gatecoin, agreed that ethereums real world use made it a viable option for investors. He said: Ether's price rally is a testament to the growing popularity of ethereum as a platform for decentralised applications. Ethereum price: The ETH crypto token rose an incredible 56,000 percent since being created Over the last year and a half, we've seen that the majority of tokens issued during ICOs and traded on exchanges, have been coded to run on the ethereum network. But some crypto experts have rung the bell about the sw Continue reading >>

2017 Was Bitcoin's Year. 2018 Will Be Ethereum's

2017 Was Bitcoin's Year. 2018 Will Be Ethereum's

2017 Was Bitcoin's Year. 2018 Will Be Ethereum's Dec 27, 2017 at 12:45 UTC|UpdatedDec 27, 2017 at 20:58 UTC Jez San is CEO of FunFair Technologies, an ethereum-powered casinoplatform. A vocal supporter and critic of blockchain technologies, San wasalso a pioneer in real-time, 3D games. The following article is an exclusive contribution to CoinDesk's 2017 in Review series. As a long time investor in bitcoin and cryptocurrencies, 2017 has been remarkable. But it's important to remember, this is really just the beginning. Despite the valuations, major protocols remain deficient in delivering value to users. Bitcoin with it'shigh fees and slow transaction times is hardly suitable for payments - spending the same fee whether you buy a coffee or send $100,000 is a joke and thepromise of scaling solutions such as the Lightning Network hasn't been fulfilled. Suffice to say, its new positioning as a store of value is precarious, even if,judging by the huge uptick in bitcoin price, the store of value narrative is winning for now. While there's no shortage of old and new believers to keep the party going, along with plenty of developers working to create better, forked versions of bitcoin, I'm betting my chips on a more flexible alternative. The door is wide open for blockchains that use smart contracts , like ethereum, and I believe their potential market dwarfs that of "store of value" chains. Platforms like ethereum are an operating system for decentralized finance and commerce. Think of bitcoin as DOS and ethereum as Windows or Mac OS. There is nothing wrong with DOS. It came first and was an essential part of the computer's success. Us geeks grew up on DOS, but computers only went mainstream when Windows and Mac OS appeared.DOS is difficult to learn, tricky to program and fe Continue reading >>

What Is Ethereum? How Bitcoin's Major Rival Works | Money

What Is Ethereum? How Bitcoin's Major Rival Works | Money

Bitcoin gets the lions share of the attention in the cryptocurrency space. But Bitcoin isnt even the best-performing cryptocurrency around especially now that it has lost 40% of its value from its peak at the start of this week to around $12,000. That means Bitcoin is up around 12-fold this year. By comparison, rival Ethereum has seen its value jump more than 60 times from $8.40 at the beginning of the year to around $530, and thats counting Fridays big across-the-board slide in cryptocurrency prices. What is Ethereum? And does it deserve the same exuberance (rational or otherwise) that Bitcoin is garnering today? Heres everything you need to know. 1. Ethereum is the second-largest cryptocurrency in the world. The total value of Ether in the global marketplace is more than $53 billion . While that still pales in comparison to the $205 billion value on Bitcoins circulating around the world, ethereum is well ahead of other major digital currencies such as Ripple ($21 billion), Litecoin ($10 billion), and IOTA ($9 billion). 2. Ether can be mined like Bitcoin, but with a key difference. Both Ethereum and Bitcoin rely on so-called blockchain technology , a system in which transactions are not recorded and verified by a central bank or institution but rather by a decentralized network of cryptocurrency users. As incentive for those users to serve this function, they are allowed mine for new Bitcoin or Ether to create wealth. However, the total number of Bitcoin that is allowed to circulate in the system is capped at 21 million . And right now, its estimated that there are roughly 16 million Bitcoins in circulation. So from that perspective, Bitcoin is maturing fast. Ethereum, on the other hand, does not have a similar overall cap. There is, however, an annual limit on new is Continue reading >>

How To Invest In Ethereum (and Is It Too Late)

How To Invest In Ethereum (and Is It Too Late)

Home How To Invest In Ethereum (And Is It Too Late) How To Invest In Ethereum (And Is It Too Late) Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact (and more). In the cryptocurrency wars, I like to view Ethereum like the diamond of the currencies - it has both a intrinsic value and an industrial value. Compare this to Bitcoin, which operates like gold - not much industrial value, but people buy it and sell it based on it's intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different than Bitcoin, and how to invest in it. It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether (the actual monetary unit of Ethereum ). Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet. We recommend Coinbase because it's free, has a great app, and they give you a bonus for depositing $100 . Check it out. Ethereum is basically software that is decentralized and allows developers and programmers to run the code of any application. Wait, what? I thought Ethereum was money... well it has a monetary aspect. You see, Bitcoin uses a technology called blockchain specifically for conducting monetary transaction - it's a straight currency. Ethereum uses blockchain technology to allow the creation of applications that can be executed in the cloud, can be protected from manipulation, and much more (some stuff getting too technical for me here). However, a bi-product of this is that Ethereum uses a token called Ether, which is like Bitcoi Continue reading >>

How Is The Price Of Ether Calculated?

How Is The Price Of Ether Calculated?

Many people wonder how the price of Ether is calculated, but its important to remember that it works no different than it would with other currencies or objects. Lets first look at how the price of most things are derived - we can use oranges as an example. What is the price of an orange? Well, it depends. As a starting point one would derive the price of an orange based on two things: how much someone is trying to sell it for, and how much another person is trying to buy it for. If John wants to sell it for USD2.50 and Sarah is only prepared to pay USD2.00, there is no deal. But if they agree on a price that works for both, lets say USD2.25, then the transaction will happen. If its winter, there might be more people wanting to buy oranges, so the price will go up. Or if there is a drought the supply of oranges will become less, so more people are trying to buy less oranges, which can also drive the price up. Ether and other currencies are a bit different from oranges in that they are what is called homogeneous - one dollar is identical to another dollar, just as one Ether is the same as another. Oranges on the other hand can vary in size and quality. All this means is that its easier to come up with a price of a currency or Ether: once again, just what buyers and sellers will agree on. Many people might not realise that other currencies work exactly the same - if you are holding a coin or note of your own local currency in your hand, at any given point in time there are millions of people buying and selling your local currency, so while you might observe it as stable, its value actually continuously changes. When you want to exchange it for another currency at a currency desk, lets say for USD, one day you pay 10 local currency to a dollar, the next day maybe 11 or 9. Continue reading >>

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