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How Much Ethereum Worth

Ethereum: What Is It And Whats It Worth?

Ethereum: What Is It And Whats It Worth?

Ethereum: what is it and whats it worth? John Phillips/Getty Images for TechCrunch Ethereums 24-year-old Russian founderVitalik Buterin Cryptocurrency investors have over a thousand digital coins to choose from in todays market but only a select few consistently find themselves at the top of the pile. One of those virtual currencies is Ethereum, which has been playing second fiddle to bitcoin since joining the market in 2015. The cryptocurrency was one of the standout digital tokens at the start of the year, says The Daily Telegraph , after it jumped from a value of around 340 per coin in December to over 1000 in mid-January. Prices have since tumbled due to a number of policy changes, such as South Koreas ban on anonymous cryptocurrency exchanges in February, but Ethereum is still the second most valuable virtual coin in existence. Here are some key facts about bitcoins closest competitor: Much like bitcoin and other digital currencies, Ethereum is a virtual coin that allows for anonymous transactions online. The cryptocurrency was created by the Russian-born programmer Vitalik Buterin in 2013, when he was just 19 years old, says Wired , and was listed on public exchanges two years later. Buterinestablished Ethereum as an open-source alternative to bitcoin, meaning that third parties could use the technology for stocks, bonds or even deeds to houses. The cryptocurrency is decentralised, says Digital Trends , meaning the digital tokes commonly referred to as Ether arent held or regulated by a single company or bank. Instead, Ethereum tokens can be purchased, stored and used for anonymous transactions by the individual. Ethereum is based on blockchain technology, an anonymous online list that logs all the cryptocurrencys digital coins in existence and who owns them. The Continue reading >>

It Is No Longer Worth It To Build An Ethereum Mining Rig

It Is No Longer Worth It To Build An Ethereum Mining Rig

It Is No Longer Worth It To Build An Ethereum Mining Rig Building an Ethereum mining rig hasnt been worth it for months, and soon they will be completely obsolete. Goodnight, sweet prince. Image: Daniel Oberhaus/Motherboard Back in May I wrote a guide explaining how to build an Ethereum mining rig , a special type of computer that forms the backbone of the Ethereum network and earns ether, the digital currency native to the network, for its owner. Shortly thereafter, Motherboard also made a video documenting this process . Since then, Ive received countless emails from readers inquiring about my mining rig. Ive received three such emails this week. The most common question voiced by these readers is whether or not it is still worth it to build a mining rig. The answer to this question is no. Building an Ethereum mining rig hasnt been worth it for months and a few months from now, mining ether will be completely obsolete. Read More: An Idiot's Guide to Building an Ethereum Mining Rig Arguably, building an Ethereum mining rig wasnt even worth it when I built my machine in May, and many readers let me know this when the article and video first came out. This is somewhat true, but there is a necessary caveat here. Mining ether also wasnt worth it for about the first year and a half of the cryptocurrencys existence. The price of ether hovered around $10 from 2015 until early 2017, when it saw a spike to $25. This was important because it meant the value of the ether being mined was higher than the cost of the electricity that was needed to mine it. In other words, until that point small scale mines were operating at a loss in the belief that the tokens they were mining would someday be worth a lot more money. In hindsight, these early miners were rightthe price of ether has 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 - 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 >>

Ripple Price Falls: Ethereum Now Second Most Valuable Cryptocurrency | Fortune

Ripple Price Falls: Ethereum Now Second Most Valuable Cryptocurrency | Fortune

Its been a fierce battle for silver in the cryptocurrency world in recent days. On Monday, Ethereum regained the title of second most valuable cryptoccurency after rival asset Ripple held its ground for roughly a week. Ripple prices fell roughly 25% Monday to $2.50, leading a broader sell-off in the cryptocurrency markets. Bitcoin values also fell roughly 7.6% to $15,000, while Ethereum prices rose slightly, 2.5% to $1,155 . That pushed Ripples market capitalization down to $98.5 billion, and lifted Ethereums value to $111.9 billion, according to data firm CoinMarketCap . Bitcoin, meanwhile, maintains its top spot with a valuation of $255.1 billion. It was a hodge podge of news Monday that helped shape those shifting dynamics. For one, reports have emerged that the Chinese government , home to the worlds largest Bitcoin mining operation, would push for an orderly exit from the cryptocurrency mining business, Quartz reported . Then, CoinMarketCap, a major source of information in the crypto world, decided to remove data from South Korean exchanges in its calculation of asset prices. Since cryptocurrency generally trades higher in South Korea, the removal looked like a sudden across-the-board sell offtriggering panicked selling from investors who were not immediately made aware of the change. First, it was due to capital flows with investors realizing their profits from cryptocurrencies, said Iqbal Gandham, Managing Director at cryptocurrency brokerage eToro in an email to Fortune. Secondly, a data adjustment by CoinMarketCap, the most popular site for cryptocurrency pricing data, removed South Korean exchanges from its site, which have been known to trade much higher than the rest of the world. This morning we excluded some Korean exchanges in price calculations due to Continue reading >>

Crypto Regrets: Your Loss If You Invested At Bitcoin's Peak | Fortune

Crypto Regrets: Your Loss If You Invested At Bitcoin's Peak | Fortune

Things move fast in the world of finance. Two months ago, Bitcoin was red hotto the extent that people were mortgaging their homes to get in on the action. Thats probably not happening much these days, as the plunge in cryptocurrency prices has scared away many casual investors. If you were one of the people who got sucked in by the hype, though, and bought at the peak, deciding what to do has been a wrenching affair. Many people have dumped their holdings. But if you bought Bitcoin, Ethereum, Ripple, or another digital currency at its peak and youre still holding it, youve suffered losses. They may, however, not be as bad as you fear. Heres how much a $1,000 bet on the top cryptocurrencies on Dec. 19, the height of Bitcoin-mania, is worth today. Bitcoin: Bitcoin has taken the most public nosedive of lateand has probably affected the most investors. Since its Dec. 19 peak of $19,140.70, the cryptocurrency has dropped 63% according to CoinMarketCap , so that $1,000 is now worth $370. Ethereum: Of all the top cryptocurrencies, Ethereum has actually held up the best. It continued its surge long after Bitcoin had turned south, peaking on Jan. 14 before gravity finally began to take effect. As a result, its down just 5% since Dec. 19, meaning you would have lost just $50 of that $1,000 investment. If you invested at Ethereums high point on Jan. 14, that $1,000 would be worth just $526 now. Ripple: Like Ethereum, Ripple continued to climb while Bitcoin crashed, peaking on Jan. 4 at $3.37. The fall from grace has been a steep one, though, as the cryptocurrency is well below $1 now. Since Dec. 19, though, its down just 8%meaning youd have $920 remaining from an initial $1,000 investment. (Had you invested the same amount on Jan. 3, itd be worth just $226 now.) Bitcoin Cash: Yo Continue reading >>

Ethereum Price Today In Gbp And Usd Latest News As Coin Struggles Amid Cryptocurrency Downturn

Ethereum Price Today In Gbp And Usd Latest News As Coin Struggles Amid Cryptocurrency Downturn

Ethereum price today in GBP and USD latest news as coin struggles amid cryptocurrency downturn Players canbuy and sell virtual cats for as much as $10,000 withCryptoKitties based on the digital currency Ethereum DESPITE showing signs of recovery last week, digital currency Ethereum is slumping again with a value of 642.96 ($895.44). Overall, however, Ethereum has seen a dramatic turnaround since February 5, when its value slumped to just $578.43. Even still, this is way off its January 14 peak of $1,370.18. Here's everything you need to know about what's going on. The value of Bitcoin is been incredible volatile in 2018 CryptoKitties, dubbed the next big cryptocurrency, is a new application built on the Ethereum chain. It was launched on Thanksgiving and became available for transactions in December. Players canbuy and sell virtual cats for as much as $10,000, in a bid make hundreds of thousands more in real value. Users purchase their collectable kitties with Ethereum, and then breed them to create more kitties. Virtual kittens available for purchase on Ethereum's blockchain Each cat has its own set of genes, uniquely coded as "Cattributes". Users will make more money if their cat's genes are appealing to other players. The players can make two of their own kitties breed a third, or they can pay another user to mate with theirs - if they're looking for particular characteristics. But the kittens have a cool down period, restricting how fast they can make new ones, in a bid to limit inflation. Two boys arrested after CCTV showed thugs stamping on tram passenger 100 times Is the cryptocurrency as valuable as Bitcoin? Bitcoin has been struggling massively in 2018 and seen its value drop by up to half in what has been called the "biggest bubble in history". It's yet to be Continue reading >>

Ethereum Price Achieves All-time High At $752, Up 20% In 24 Hours

Ethereum Price Achieves All-time High At $752, Up 20% In 24 Hours

Ethereum Price Achieves All-Time High at $752, Up 20% in 24 Hours Join our community of 10 000 traders on Hacked.com for just $39 per month. The Ethereum price has surpassed $752 for the first time in history, recording a staggering 20 percent increase in value over the past 24 hours, led by the US market. Throughout the past few days, the US market accounted for nearly 25 percent of global Ether trades. GDAX, the flagship cryptocurrency exchange of Coinbase, and Bitfinex processed 23 percent of the global Ethereum exchange markets Ether trades. Currently, the daily trading volume of Ether is close to $5 billion, more than four times larger than Bitcoin Cash, the third largest cryptocurrency in the global market behind bitcoin and Ethereum. Earlier this month, billionaire investor Mike Novogratz predicted the price of Ether to increase by three-fold throughout 2018. In terms of developer activity and transaction volume, Ethereum remains as the only public blockchain network which can compete against bitcoin. In fact, as of current, the Ethereum blockchain network processes more transactions than all of the cryptocurrencies in the market including bitcoin combined at 820,000 transactions per day. Decentralized applications such as CryptoKitties and EtherDelta have also demonstrated the potential of Ethereum as the base protocol for decentralized exchanges and digital asset trading platforms, which is an application that is useful beyond finance. As A16Z partner and Earn.com CEO balaji Srinivasan stated, Why is CryptoKitties actually important? Its one of the first examples of what people have been talking about for years: frictionless international trading of digital assets (not just cash!) on a blockchain. Already, CryptoKitties has processed $15 million worth of digit Continue reading >>

Top 3 Ethereum Project Price Predictions For 2018

Top 3 Ethereum Project Price Predictions For 2018

You might also like Litecoin Price Predictions 2018 I wrote this headline in June 2017, not sure if I should keep it when I will update the article next time. The price of an Ether should outperform that of a Bitcoin for the coming duration. What this means is that a dollar invested in Ether will return a higher ROI than investing the same dollar in Bitcoin. This indeed can be hard to believe in December 2017 when looking at Bitcoin price, but we all know that less than 4 weeks ago it was under $6,000. Most likely Bitcoin its being used by short term investors these days. In fact, the CEO of hedge fund Polychain Capital, Olaf Carlson-Wee, is of the opinion that the entire market capitalization of Ethereum will exceed that of Bitcoin by the end of this year. At least, thats his Ethereum price predictions for 2018. You can read here my BITCOIN PRICE Predictions for 2018 . There is plenty of evidence to support Olafs view. On the one hand, the previously mentioned 20-fold explosion of Ether in 4 months versus the 8.5 times growth of Bitcoin in a year and a half. Besides that, the fact that Bitcoin has lost almost half of its market share to Ethereum during the past four months. To put matters into perspective, four months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin. Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereums share of the total money invested has increased four times in size, making it approach the 30% area. Another indicator showing that Ether can overtake Bitcoin can be found by looking at whos backing each type of currency, as well as why they are backing said currency. Bitcoins focus on payment technology makes it popular with governments, such as Japans and Chinas governments. On the other hand, Eth Continue reading >>

Etherum Price | Eth Usd | Chart | Etherum Us-dollar | Markets Insider

Etherum Price | Eth Usd | Chart | Etherum Us-dollar | Markets Insider

Just when you thought you had your head around bitcoin, along comes Ethereum. The word has been in a lot of headlines as the cryptocurrency world's new favorite thing soared in value. The ethereum price of something called an ether token grew in value up over 3,000% from 2016 - 2017. Bitcoin, which is far more widely known as an alternative 'currency', is up about 141% in that same time. But what exactly are ether tokens and Ethereum? And how is it different than bitcoin? We've broken it down for you. The reason you've been hearing about bitcoin for years, but Ethereum only recently, is that the latter was only developed two years ago while bitcoin's been around for almost eight years. Ethereum was created by Vitalik Buterin, a young programmer who was told about bitcoin by his father and decided to create a platform for smart contracts; which bitcoin is not designed to do. The Moscow native began working on Ethereum after he dropped out of college, according to CNBC. Ether tokens and bitcoin are called cryptocurrencies because they can be only be bought and sold digitally, are used to pay for things (including pre-school tuition), and because they fall outside of the control of central banks and other government entities that might control a national currency. They're built on a technology called blockchain. That's a kind of ledger that records and verifies transactions made on it. All transactions made on these so-called decentralized networks are public and not controlled by one governing entity. Lately, the idea that both sides of a party say two banks that buy and sell shares from each other can get an accurate and verifiable record of the transaction instantly, has gripped Wall Street and other institutions as something that can be used in lots of ways. There are Continue reading >>

A Beginner's Guide To Ethereum: Buy Ether Now Or Wait?

A Beginner's Guide To Ethereum: Buy Ether Now Or Wait?

// -- Discuss and ask questions in our community on Workplace . Ethereum is a very important crypto in the sense that competition is always good for business. Ethereum was introduced in 2013 by a crypto researcher and developer Vitalik Buterin. It is currently the second most popular Cryptocurrency, following Bitcoin and is said to be the next Bitcoin. Ethereum differs from Bitcoin in the sense that it introduced smart contracts to the industry. It has relatively the same qualities as Bitcoin it is open-source and built on Blockchain, which defines its abilities and characteristics. Enabled by Ethereum, a smart contract is a computer algorithm that allows users to build or develop innovative tools and systems to perform various tasks. These smart contracts run on Blockchain and eliminate the need for third parties. It can save one a lot of time and money. The market is very much split in two as the majority of investors put their money in both Bitcoin and Ethereum. Ethereums token that you can trade with on exchanges is called an ether and can be bought or sold not only for Bitcoin, but also for any popular fiat currency like USD or EUR. Some cryptocurrency exchanges even offer an option of converting ETH to GBP , which can now bring you around 340 per coin. Ethereum was forked in 2016, and Ethereum Classic (ETC) was introduced to the market. There are currently talks of another fork for Ethereum Classic that is expected to happen sometime in December 2017. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // In order to determine whether or not it is a good time to invest in a Cryptocurrency, one should keep an eye on the news. News greatly affects whether a coins pric Continue reading >>

Cryptocurrency Sell-off Continues As Bitcoin, Ethereum Sink

Cryptocurrency Sell-off Continues As Bitcoin, Ethereum Sink

Bitcoin is down 50% from its all-time high Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day. The world's largest cryptocurrency dived as low as $9,199.59 Wednesday morning, falling almost 19 percent within 24 hours, according to CoinDesk data. CoinDesk tracks prices from cryptocurrency exchanges Bitstamp, Coinbase, itBit and Bitfinex. Bitcoin then recovered slightly to $10,123 at 11:56 a.m. ET. The last time bitcoin fell below the $10,000 mark was November 30. The red-hot digital asset soared to a record high of $19,783.21 on CoinDesk last month, but has since been on a gradual decline. At its current price, it is now down almost 50 percent from that all-time high. More than $30 billion was shaved off the cryptocurrency's market value in the last 24 hours. "Focus has shifted to negative regulation with headlines out of South Korea, China, and even minor headlines from France and the U.S.," Ari Paul, chief investment officer at cryptocurrency investment firm BlockTower Capital, said in an email. "These headlines are having an outsized effect because cryptocurrency as a whole was overbought and sentiment reached exuberant levels, setting the stage for the violent correction that we're seeing." Ethereum and ripple the second and third-biggest digital assets respectively continued to move lower. According to CoinMarketCap data, ethereum was trading 15 percent lower near $885 a coin, while ripple fell nearly 14 percent to around $1.02. Cryptocurrencies appeared to sell off shortly after South Korea's Finance Minister, Kim Dong-yeon, said the country was still mulling a shutdown of crypto exchanges . Initial reports of South Korea one of the biggest cryptocurrency markets in the world moving to clamp d Continue reading >>

How Much Will 1 Ethereum Be Worth By 2019? - Quora

How Much Will 1 Ethereum Be Worth By 2019? - Quora

How much will 1 Ethereum be worth by 2019? Answered Mar 3, 2018 Author has 260 answers and 193.3k answer views You never know. It might be huge or it might not. But, it will remain profitable for all. In fact there will be a day when Ethereum will be the most valued cryptocurrency. My personal favorite is Ethereum. Ethereum is high in demand, which is good for traders like me to make good money. Ethereum is a blockchain based platform which helps you to create a software and deploy it easily. You can also create a company or your own start-up using Ethereum network. These features revolutionized the world of information technology, and so did all the IT industry began to adapt to Ethereum. Ethereum is now the queen when it comes to making higher profits or generating high revenue by investing or trading in cryptocurrencies. How Much Can You Make Mining Ethereum : Beginners Guide The sales charts in the top exchanges explain that Ethereum is the most sold crypto in the world. Now, if you get involved in trading and if you sell or trade Ethereum in these top exchanges, you can easily make multiple trade in a day, which will help you make more profits. How I Make $50,000 + a Month Trading Ethereum I trade Ethereum everyday, which helps me take care of my expenses, i also know a few people who make near to 6 figure trading Ethereum. If you are a beginner, make sure you read Ethereum trading book and understand the trading techniques first. This will help you make smarter moves. 233 Views View Upvoters Not for Reproduction Answered Jan 21, 2018 Author has 114 answers and 196.9k answer views Very interesting question. There are a few possibilities to your question. There are also lots of possibilities in between. Was that the answer you were looking for? Of course not. You w 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 >>

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 >>

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