Ethereum Price Predictions 2018: Cryptocurrencys Value Could Triple (how High Can The Price Of Ethereum Go In 2018?) Ethereum News -tue May 08
Ethereum Price Predictions 2018: Cryptocurrencys value could triple (How high can the price of Ethereum go in 2018?) Ethereum news -Tue May 08 Ethereum Price Predictions 2018: Cryptocurrencys value could triple in 2018 Ethereum co-creator Steven Nerayoff says the cryptocurrencys value could triple in 2018. Ethereum co-creator Steven Nerayoff said businesses in a wide variety of industries are starting to take note of what value ethereums protocol could offer them. Nerayoff attributes increased usage to ethereums ability to process transactions more quickly and cheaply than its rival. Nerayoff said increasing interest in cryptocurrency will stimulate value for ethereum in 2018, regardless of whether it overtakes bitcoin. Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a flippening in 2018, in which ethereum overtakes bitcoin. What youre 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 CNBCs 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 Ethereums protocol could offer them. Youre seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now youre seeing it becoming increasingly more creative you find p Continue reading >>
5 Reasons I Won't Invest In Bitcoin, Ethereum, Litecoin, Or Ripple
5 Reasons I Won't Invest in Bitcoin, Ethereum, Litecoin, or Ripple The world's most prominent cryptocurrencies are downright dangerous. Cryptocurrencies simply couldn't be stopped in 2017. Having begun the year with a market cap of $17.7 billion, virtual currencies ended the year having gained almost $600 billion in market cap, or more than 3,300%. It's very likely the single-best year we've ever seen (and may ever see) for any asset class. This year has been markedly different. After hitting an all-time market cap high of $835 billion on Jan. 7, cryptocurrencies briefly dipped below $250 billion in early April, according to CoinMarketCap.com. The faces of the virtual currency rally -- bitcoin, Ethereum, Litecoin, and Ripple -- have completely stalled. Crypto's most prominent tokens rally behind the potential for blockchain Some crypto advocates would suggest that an across-the-board drop of 60% to 90% in the well-known virtual currencies mentioned above is the perfect buying opportunity, and there are certainly reasons to believe these premier virtual currencies could bounce back. Front and center among the many catalysts that could drive brand-name virtual currencies higher is the emergence of blockchain technology . For those of you unfamiliar with blockchain, we're talking about the digital, distributed, and decentralized ledger responsible for logging all transactions without the need for a financial intermediary, like a bank. In other words, it's an entirely new way of transmitting "funds" (which are often in virtual tokens) from one party to another without the need to use traditional banking channels. It's also a way of transparently and immutably (i.e., in an unchanging manner) recording data. Blockchain itself evolved from the idea that the current banking sy Continue reading >>
Bitcoin Vs Ethereum: Driven By Different Purposes
Bitcoin Vs Ethereum: Driven by Different Purposes Ethereum has received a lot of attention since its announcement at the North AmericanBitcoinConference in early 2014 byVitalikButerin. The natural consequence of its rising popularity has been its constant comparison toBitcoin, the first virtual currency. It is important for investors to understandthe similarities and differences between BitcoinandEthereum. Bitcoin, the first virtual currency, was born seven years back. It introduced a novel idea set out in a white paper by the mysterious SatoshiNakamoto:Bitcoinoffers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies . There are no physicalBitcoins , only balances associated with public and private keys. Over these years, the acceptance of the concept of a virtual currency has increased among regulators and government bodies.Althoughit isnt a formally recognized medium of payment or store of value, it has managed a niche for itself and continues to coexist in the financial system despite being regularly scrutinized and debated. The attempts to understandBitcoinmoreclosely resulted in the discovery of blockchain , the technology that powers it. Theblockchainis not just the hottest topic in theFinTechworld but also asought after technology in many industries. Ablockchainis a public ledger of all transactions in a given system that have ever been executed. It is constantly growing as completed blocks are added to it. The blocks are added to theblockchainin linear, chronological order through cryptography, ensuring they remain beyond the power of manipulators. Theblockchainthus stands as a tamper-proof record of all transactions on the network, accessible to all Continue reading >>
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 >>
Bitcoin Vs Ethereum: Cryptocurrency Comparison
Bitcoin VS Ethereum: Cryptocurrency Comparison Last updated on June 14th, 2017 at 08:11 pm Since its release in early 2009, Bitcoin has been the trailblazing leader of the cryptocurrency revolution. Countless imitators have come and gone but Bitcoin remains dominant, despite nearing the current limits of its transactional capacity. Ethereum, created mid-2015, is Bitcoins strongest rival But can Ethereum deliver on the hype surrounding its complicated technology, as well as recover from the recent spectacular failure of the DAO , to usurp Bitcoins primacy? Complimentary or Competing Cryptocurrencies? How valid is the frequent claim that Bitcoin and Ethereum arent direct competitors but rather complimentary aspects of the new, blockchain-based economy? The peaceful coexistence theory holds that the web is vast and deep enough for Bitcoin and Ethereum to carve out their respective niches: Bitcoin specialising in its role as digital gold; offering a dependable monetary system free from unbounded inflation and political intervention. Ethereum evolving into the world computer; a blockchain-based programming language enabling code-based contracts and decentralised applications. In practice, matters are more complex. Given the extensibility of cryptocurrency, neither coin has a clearly defined sphere of operation. There is considerable overlap between their functions and markets, with nothing to prevent user migration. For example, additional layers built upon Bitcoin, such as the Rootstock.io smart contact platform, threaten to trespass on Ethereums playground. Rootstock promises to do everything Ethereum can, with the added security of a two-way peg to the more secure Bitcoin network. Likewise, Ethereum has become a popular trading and investment instrument , infringing upon Continue reading >>
Bitcoin Vs Ethereum What To Expect In 2018
Bitcoin vs Ethereum What to expect in 2018 Last year was a breakout period for cryptocurrency, with major coins like Bitcoin and Ethereum skyrocketing in value. While cryptocurrency value can be highly speculative, it is also affected by the problems, obstacles, and advances in the underlying blockchain technology. The technology cryptocurrencies are built on can make a large difference to characteristics like transaction fees, use cases, and adoption. Below is a brief look at the technology behind Bitcoin and Ethereum and some ways their respective communities plan to address their respective problems this year. Bitcoin began the year below its all-time high following a steady increase in value throughout 2017. It remains plagued by high transaction fees, backlogs, long transaction times, and various other network issues. Despite this, many Bitcoin proponents consider the cryptocurrency a store of value due to factors including its market share and scarcity and it has delivered impressive returns so far. There have been many proposals to solve Bitcoins transaction issues and network congestion, but many of these have been rejected by the community or resulted in a divisive hard fork. Protocol-level adjustments such as increasing the block size or the introduction of Segregated Witness are difficult problems for Bitcoin core developers , and there is currently no decided base-level solution to the scaling problem. These solutions would be implemented by way of hard forks (which can result in a split and two different cryptocurrencies) or user-assisted soft forks (which require greater consensus and do not result in a divisive split). Many Bitcoin community members instead hope the roll-out of the Lightning Network second-layer scaling solution will resolve this problem Continue reading >>
Ethereum Price Predictions 2018: Cryptocurrencys Value Could Triple (how High Can The Price Of Ethereum Go In 2018?) Ethereum News -wed May 09
Ethereum Price Predictions 2018: Cryptocurrencys value could triple (How high can the price of Ethereum go in 2018?) Ethereum news -Wed May 09 Ethereum Price Predictions 2018: Cryptocurrencys value could triple in 2018 Ethereum co-creator Steven Nerayoff says the cryptocurrencys value could triple in 2018. Ethereum co-creator Steven Nerayoff said businesses in a wide variety of industries are starting to take note of what value ethereums protocol could offer them. Nerayoff attributes increased usage to ethereums ability to process transactions more quickly and cheaply than its rival. Nerayoff said increasing interest in cryptocurrency will stimulate value for ethereum in 2018, regardless of whether it overtakes bitcoin. Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a flippening in 2018, in which ethereum overtakes bitcoin. What youre 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 CNBCs 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 Ethereums protocol could offer them. Youre seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now youre seeing it becoming increasingly more creative you find p Continue reading >>
Bitcoin, Ethereum Or Litecoin: Which Is Best For You?
Bitcoin, Ethereum or Litecoin: Which is best for you? A primer on the most visible cryptocurrencies. Before you jump into this overview of a few cryptocurrency alternatives, check out our first two articles in this series, Bitcoin, explained and Buying and selling bitcoin . Bitcoin has spawned hundreds of cryptocurrencies. Bitcoin was the first. Since its release in 2009, it's become the most famous, established and valuable cryptocurrency. But it's not the only game in town . Litecoin followed in 2011. Created by Charles Lee, an engineer who later helped build Coinbase , the leading cryptocurrency exchange, Litecoin is based on the same code as bitcoin but with a few tweaks designed to address two of its predecessor's limitations: transaction speed and access to the mining process. And in 2015, Ethereum made its debut, incorporating bitcoin's basic blockchain premise and Litecoin's pursuit of faster transaction speed, but adding a few of its own twists -- including the ability to process little chunks of code, called "smart contracts" -- and on its virtual peer-to-peer network as opposed to a dedicated server or mining rig. Ripple's market cap now exceeds $40 billion. Coinbase's support for bitcoin, Litecoin and Ethereum -- as well as Bitcoin Cash , a new branch of the bitcoin blockchain created in August 2017 -- helped install and keep them among the most visible and well-capitalized cryptocurrencies. Rounding out the top 10, in terms of market capitalization, is a dynamic shortlist that has included established coins and upstarts like Ripple , Cardano , Neo , Stellar , Eos and IOTA . For the purposes of introducing some of the prevailing concepts behind the growing population of cryptocurrencies, we'll take a closer look at the technologies behind Litecoin and Ether Continue reading >>
Bitcoin Alternatives: Bitcoin Vs Monero, Ethereum, Bitcoin Cash, Ripple, Litecoin And More | Wired Uk
Bitcoincash/Ripple/Litecoin/Ethereum/CryptoKitties/Stellar/Composite Bitcoins surge may be ending. The cryptocurrency took the spotlight last year, skyrocketing into mainstream consciousness with a massive price rise. Whilst it still holds the highest value, the price of a single Bitcoin halved at the beginning of 2018 and there's no telling where it will go next. In the meantime, here are the alternative cryptocurrencies rising in its shadow and promising something different. Okay, so the first alternative is not that far removed from Bitcoin itself. When Bitcoins market value soared last year, everyone wanted in and started investing. This created a backlog of transactions because miners couldnt add enough blocks in time . Bitcoin Cash split off from the original back in August 2017 to solve the problem. Known as a Hard Fork , Bitcoin Cash works the same, except its blocks were increased from 1mb to 2mb of data to help speed up transactions and keep fees down. Since Bitcoin dipped, however, the price of Bitcoin Cash has gone the same way. Ripple, also known as XRP, is the latest bitcoin rival to enjoy success after a value surge at the end of 2017 , turned it into the second most valuable cryptocurrency by market capitalisation. Unlike the highly decentralised Bitcoin, Ripple has links to financial institutions; it was launched in 2012 for legitimate banks to make global money transfers . Its harder to get than other cryptocurrencies as you have to pay for it with Bitcoin or Ethereum, but it is a lot cheaper, at just under a pound. For now. Ethereum was created by teenaged hacker Vitalik Buterin back in 2014 and quickly rose to cryptocurrency fame. Ethereums coins are referred to as Ether, and just like Bitcoin you can trade your real-world cash for some virtual coin Continue reading >>
Ethereum Vs Bitcoin: What's The Main Difference?
12/20/2016 08:56 am ETUpdatedDec 06, 2017 Ethereum Vs Bitcoin: What's The Main Difference? While Bitcoin has long been dominant in the cryptocurrency scene, it is certainly not alone. Ethereum is another cryptocurrency related project that has attracted a lot of hype because of its additional features and applications. The first thing about Ethereum is that it is not just a digital currency. It is a blockchain-based platform with many aspects. It features smart contracts, the Ethereum Virtual Machine (EVM) and it uses its currency called ether for peer-to-peer contracts. Ethereum's smart contracts use blockchain stored applications for contract negotiation and facilitation. The benefit of these contracts is that the blockchain provides a decentralized way to verify and enforce them. The decentralized aspect makes it incredibly difficult for fraud or censorship. Ethereum's smart contracts aim to provide greater security than traditional contracts and bring down the associated costs. The smart contract applications are powered by ether, Ethereum's blockchain based cryptocurrency. Ether, as well as other crypto-assets, are held in the Ethereum Wallet, which allows you to create and use smart contracts. The system has been described by the New York Times as.. "a single shared computer that is run by the network of users and on which resources are parceled out and paid for by ether." Implement Smart Contracts With Your Own Cryptocurrency Ethereum allows you to create digital tokens that can be used to represent virtual shares, assets, proof of membership and more. These smart contracts are compatible with any wallet, as well as exchanges that use a standard coin API. You can copy the code from Ethereum's website and then use your tokens for many purposes, including the repr Continue reading >>
Bitcoin Versus Ethereum: Which Should Be Worth More? - Business Insider
A vertical stack of three evenly spaced horizontal lines. * Copyright 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Lex Sokolin, Autonomous Research's director of fintech strategy, talks with Business Insider Executive Editor Sara Silverstein about the differences between bitcoin and Ethereum. Following is a transcript of the video. Sara Silverstein: What is bitcoin versus Ethereum? Lex Sokolin: So bitcoin is and I'm probably going to upset all the bitcoin maximalists out there, who'll comment about the future but bitcoin is about, kind of, the on-ramp into the crypto world. It's payments, and it's the digital gold. So you can almost think of it as the crypto reserve currency. And it's spectacular at that at payments. Whereas Ethereum is, you know, it's the world's computing platform. It's a blockchain platform that has smart contracts that can be built on top of it. So anything from equities to fixed income to figuring out how your drone is going to charge on an electric station, and buy your pizza. All of that can be built on top of Ethereum. So it's a very different type of platform. Silverstein: And which should be worth more, bitcoin or Ethereum? Sokolin: That's a tough one. It's kind of asking what's worth more money or technology. So bitcoin is essentially digital money. It's the future of how payment should be made. Whereas Ethereum is a new infrastructure on which anything can be put. So things like decentralized Facebook, or the Internet of Things and sensors across all sorts of devices, to more pedestrian things, like initial coin offerings, you know. You can put anything on that platform. Continue reading >>
Hacking Investing - Bitcoin, Ethereum And Cryptocurrencies Could Make You A Millionaire
Ian Balina Ian Balinas Blog Money Hacks Hacking Investing Bitcoin, Ethereum and Cryptocurrencies Could Make You a Millionaire Did you know that investing in Bitcoin and Ethereum could make you a millionaire? Imagine you wake up one day, and you have $886,000 in your bank account. You didnt put any blood, sweat, and tears to earn them nor did you receive an inheritance from an unknown family member. Youve just made a small investment that ballooned into a fortune over time. Back in 2009, Christopher Koch learned about Bitcoin while working on a thesis paper about encryption. The entire system fascinated him, so he decided to invest $27 for 5,000 Bitcoins . Koch quickly forgot about the investment until four years later when Bitcoin started popping up in the news. So, he checked his encrypted wallet only to discover that he was sitting on an $886,000 nest egg. Unfortunately, not all of us are as lucky as Koch. But, that doesnt mean you cant possibly become a millionaire by investing in virtual currency. You just need to understand how they work so that you can maximize your profits. This comprehensive guide will teach you everything you need to know about why you should invest in Bitcoin, Ethereum, and other altcoins and how to do it. I will be direct and let you know that I am not a financial advisor and invest in cryptocurrencies at your own risk. I myself, have personally invested $10,500 in cryptocurrencies four months ago, and it has grown to be worth about $15,000 in that timespan. This included a $2,500 investment in Ethereum that I sold off after a month and a half, at a value of $5,500. The growth of my portfolio has slowed down the last month or so as Bitcoin deals with scalability issues (Segwit), that I wont address here, as this is a post targeted for beginn Continue reading >>
Which One Is A Better Investment, Bitcoin, Ethereum, Litecoin, Or Ripple?
David Friedman , former Banking at Citigroup Copyright 2017 (for the LinkedIn growth hackers who accidentally forget to credit original authors). Bitcoin, Ethereum, Litecoin and Ripple all seem overvalued right now. But if I had to pick one of the four, I would pick: However, banks may just copy Ripple and take it private, hiring the best Ripple developers as consultants, etc. Ripple is also the most centralized, arguably losing some of the benefits of trustlessness that blockchain technology provides. So I'm not sure Ripple's a great bet long-term. But Bitcoin may be a great bet long-term if Bitcoin replaces gold. Gold has a market cap of roughly $7.7 trillion. As the saying goes, be fearful when others are greedy. The total market cap of all cryptocurrencies was $7.13 billion on January 1, 2016. To be clear, Mark Cuban replied to Jared Schaffer, not me. I just happened to see his and Jareds quote and thought it was relevant. Now is a horrible time to buy Bitcoin, Ethereum, Ripple and Litecoin (collectively, BERL). There is no way BERL is worth anywhere near the current ~$215 billion collective market cap. BERL has been massively overvalued for a while now. Avoid cryptocurrencies generally unless you can get in on the presale. Even then, it is a gamble and the terms matter. We're in a cryptocurrency bubble. Bubbles tend to go on much longer than people think they will. Smart Wall Street friends were predicting the mortgage bubble would crash back in 2003. They were 5 years early. Bubbles always pop. No one knows when. The reason BERL is overvalued is because no one outside the niche space of cryptocurrencies will miss them if they disappear tomorrow. Theres no clear path to a killer app that can go mainstream. What big, legal unmet need are any of them filling? Potent Continue reading >>
Why Is Ethereum Different To Bitcoin?
Ethereum differs from Bitcoin in 7 main ways: 1. In Ethereum the block time is set to 14 to 15 seconds compared to Bitcoins 10 minutes. This allows for faster transaction times. Ethereum does this by using the Ghost protocol. 2. Ethereum has a slightly different economic model than Bitcoin Bitcoin block rewards halve every 4 years whilst Ethereum releases the same amount of Ether each year ad infinitum. 3. Ethereum has a different method for costing transactions depending on their computational complexity, bandwidth use and storage needs. Bitcoin transactions compete equally with each other. This is called Gas in Ethereum and is limited per block whilst in Bitcoin, it is limited by the block size. 4. Ethereum has its own Turing complete internal code... a Turing-complete code means that given enough computing power and enough time... anything can be calculated. With Bitcoin, there is not this form of flexibility. 5. Ethereum was crowd funded whilst Bitcoin was released and early miners own most of the coins that will ever be mined. With Ethereum 50% of the coins will be owned by miners in year five . 6. Ethereum discourages centralised pool mining through its Ghost protocol rewarding stale blocks. There is no advantage to being in a pool in terms of block propagation. Continue reading >>
Ethereum Vs Bitcoin: Does Ethereum Have The Potential To Overtake Bitcoin? (bitcoin Ethereum Predictions 2018) Ethereum Bitcoin Comparison -mon May 07
Ethereum vs Bitcoin: Does Ethereum have the potential to overtake Bitcoin? (Bitcoin Ethereum Predictions 2018) Ethereum Bitcoin Comparison -Mon May 07 In the last few months, Bitcoin has lost value consistently. However, it has risen more than 1000% in the last 12 to 16 months. On the other hand, when youre looking at Ethereum, it is just down 20% or so from its peak. It has also risen more than 1000% in the last 14 to 16 months. This is one of the reasons why investors are actually looking to invest in Ethereum as well. Many investors are trying to find out whether Ethereum can actually overtake Bitcoin. READ ALSO: Bitcoin Price Predictions 2018: How high can Bitcoin price go in 2018? Up to $1 million or down to $100? (In-Depth Analysis) Davos conference was one of the prime venues where the cryptocurrency discussion actually took place. Most of the larger company heads are intrigued about the sudden rise of cryptocurrencies. This is one of the main reasons why it was the topic of discussion there. JPMorgan Executive summary of cryptocurrency: 1. Cryptocurrencies are unlikely to disappear, here to stay. 2. Cryptocurrencies are the face of blockchain (echoing similar sentiment as CFTC chairman: cannot seperate blockchain from cryptocurrency. Joseph Young (@iamjosephyoung) February 10, 2018 It is not like people are already considering Ethereum to be a worthy successor of Bitcoin. There are many opposing voices as well. The problem is that Bitcoin is the pioneer in the cryptocurrency market. On the other hand, when youre comparing the cryptocurrencies on the basis of application, you would realize that Ethereum has a much stronger application. This is one of the main reasons why investors are thinking that Ethereum would be able to increase in value. The truth is that E Continue reading >>