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 >>
Top 3 Reasons To Buy Ethereum
Download your FREE report now: How To Invest in the Coming Bitcoin Boom Ethereum is the most promising technology investment out there. It's quickly proving to be one of the most profitable investments of all time. Since its birth in 2016, the digital currency has grown by over 1,100%. On its way up, it has made paupers into millionaires. And its growth is accelerating. If you had bought Ethereum in February, you would have tripled your investment by now. At Ethereums current growth rate, $500 dollars can be expected in the near future. Digital currency analysts think that we could see $500 before the close of the year. In the long-term, the currency is projected to enter the thousands. That means if you want to get in on this investment, you need to buy now. For those of you who dont know what Ethereum is, it's important to understand that it is much more than a digital currency. Ethereum is an open-source network. It is far superior to any other blockchain network. (I will go into the details of blockchain in the next section.) For now, know that when you purchase Ethereum, you are actually purchasing the networks digital currency, Ether. Ether powers the Ethereum network so by purchasing it, you invest in the network itself. Hence why all the coin exchanges use the coin's network name, Ethereum. This means that every time you buy Ethereum, you are putting money into the most powerful network that currently exists. And the potential for that network is endless. For the investors who are still speculative, the Ethereum facts detailed in this report should put you at ease and have you rushing to the exchanges. Ethereum has more applications than bitcoin Ethereum is backed by fortune 500 companies Ethereum is being incorporated by financial institution Ethereum has more Continue reading >>
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 >>
Everything You Need To Know About Ethereum
Everything You Need to Know About Ethereum From catalysts to concerns, here's your one-stop guide to all things Ethereum. Cryptocurrencies have been unstoppable this year. When the calendar does finally change to 2018, this year could go down as the single greatest year of gains for any asset group that investors have ever seen. Cryptocurrencies take center stage in 2017 When the year began, the aggregate value of all cryptocurrencies combined was $17.7 billion. As of Dec. 17, the more than 1,300 tradable cryptocurrencies had a combined market cap of $594 billion. For you math-phobic people, that's a return of more than 3,200%, which has taken the S&P 500 decades to deliver to investors. In fact, many of the largest cryptocurrencies have left even the best-performing stocks in the dust this year -- so much so that a side-by-side chart comparison between a virtual currency and a traditional equity makes the return of the equity look like a flat line. Bitcoin is often credited as being the driving force behind the march higher in digital currency, and with good reason. It's the world's most popular digital currency with merchants, and was also the first tradable cryptocurrency. It also doesn't hurt that bitcoin comprises nearly 55% of the aforementioned $594 billion market cap. It has a ton of influence over the movement of virtual currencies. However, the bizarre truth is that bitcoin has drastically underperformed its peers in 2017. Though its coin has rallied to nearly $20,000 after beginning the year at $967, many of the top 10 cryptocurrencies by market cap have gains of 6,000% to over 10,000% year to date. Virtual currencies not named "bitcoin" is where the interest and action has been all year. And arguably at the top of the list of most popular non-bitcoin crypto Continue reading >>
Should You Buy Ethereum Now, Or Wait?
Is it time to buy Ethereum or would you be better off waiting? Thats the question on many peoples minds. With the major dip in the market last week many people are unsure if they should invest in Ethereum or other cryptocurrencies . Ethereum has had a pretty good 2018. First it hit $1,000 on January 4th. Then it started a long upward movement that saw it top $1,400, increasing its value over 40% in just six days. Then, what many are calling bloody Tuesday hit on January 16th, and many of the crypto markets dropped sharply. Ethereum closed that day at $1,053.69. What that showed was that Ethereum has a good support level at around $1,000. On January 17th, it did drop below that mark, on a 4-hour average, for 8-hours but then bounced back and has been trading between $1,000 and $1,150. Today the price of Ethereum started at around $1,080 and has moved down to the $970 range in the last hour. It is currently trading in the $966 to $985 range. The Ethereum downturn today is due to several factors including other major cryptocurrencies like Bitcoin, Ripple, Bitcoin Cash, Cardano, and Litecoin all being down today. This is most likely due to the news that South Korea has decided to tax cryptocurrency exchanges at 24.2%. One of the South Korean cryptocurrency exchanges, Korbit, halted fiat currency deposits from non-citizens. Their announcement comes ahead of them attaching verified identities to accounts to counter money laundering potential and appease local regulators. If $1,000 is the base support level for Ethereum, then buying around that price is a great place to buy. In fact, with Ethereum being slightly under that number at time of writing, it may very well be time to buy Ethereum. The cryptocurrency has already proven that it can outperform the rest of the market. W Continue reading >>
Bubble Or Not: Should You Buy Ethereum Now?
Bubble or Not: Should You Buy Ethereum Now? From being digital money acknowledged by very few, cryptocurrency has turned into a lucrative investment opportunity now. For investors who are in search of expanding their portfolios, cryptocurrencies such as Bitcoin, Ethereum, and other altcoins offer a great option. Ethereum, which is valued at around $1000 in 2018, is among the cryptocurrencies that are considered as a good investment. While there is a widespread belief that the cryptocurrency bubble is about to burst, is it wise to buy Ethereum now? Let us consider the pros and cons of investing in the cryptocurrency. Ethereum uses blockchain technology like Bitcoin, but it differs in the way it is utilized in different applications. Ethereum digital platform is a brainchild of Vitalik Buterin. Founded in 2015 , the Ethereum token, Ether (ETH), started to be used for all transactions within the Ethereum blockchain. Ethereum is, therefore, a financial system that is independent of government intervention and oversight. Ethereum has an exclusive programming language that helps developers create software which is used to automate and achieve specific results by blockchain transactions. The software created is named as Smart Contracts . Just like a conventional contract helps to lay down the specific conditions of an agreement, the Ethereum smart contract helps to ensure the terms are met with the help of code. The software executes an agreement when the predefined terms are satisfied. Thus the contract helps cut the costs and avoid delays that are often involved in manual transactions. While this is a basic concept, it can be expanded to encompass complex settings with endless potential for use in property, legal or financial services as well as insurance and other fields. Continue reading >>
What Is A Cryptocurrency? Should I Buy Bitcoin, Ripple Or Ethereum?
What is a cryptocurrency? Should I buy Bitcoin, Ripple or Ethereum? What is a cryptocurrency? Should I buy Bitcoin, Ripple or Ethereum? BITCOIN, Ripple, Ethereum and many other major cryptocurrencies plunged in value today, amid fears of an imminent trading ban in South Korea. But what is a cryptocurrency and is now a good time to buy? Bitcoin , the biggest and best-known cryptocurrency, is down more than 15 percent from this time yesterday, its market cap dropping from $239billion to $201billion today (January 16). A single bitcoin token is now trading at about 8,700 ($12,000) compared to its high of 10,484 ($14,445) yesterday, according to CoinMarketCap. This is nearly 40 percent lower than Decembers all time high of 14,520 ($20,000). Meanwhile, its next biggest rivals Ethereum and Ripple have also collapsed by about 15 and 24 percent respectively over the past 24 hours. Due to their extremely volatile nature, cryptos have dominated the headlines in recent months and divided the financial community. For those new to the digital currency market, here is a handy guide to cryptocurrency. Ripple price: Why is Ripple falling today? Should I buy Ripple? Put simply, a cryptocurrency is a decentralised virtual form of money that can be used to make purchases or be exchanged for other traditional and digital currencies. One of the most appealing aspects of a cryptocurrency is that it employs a security system known as cryptography. This makes it almost impossible to counterfeit, as well as allowing for completely anonymous transactions without the need for a bank. Bitcoin became the first decentralised cryptocurrency when it was launched by the mysterious Satoshi Nakamoto in 2009. What is a cryptocurrency? Cryptos are digital forms of money Compare crypto currencies (Ripple, Continue reading >>
How To Buy Ethereum | Digital Trends
Posted on December 22, 2017 - 6:00AM 12.22.17 - 6:00AM As much as bitcoin has shown amazing growth over the past few months , its been followed closely behind by some of the other popular alternative cryptocurrencies , the so-called alt-coins. One of the most exciting of those with an intriguing potential for the future, is Ethereum. If you want to get on that gravy train now, heres how to buy Ethereum. Proposed as a potentialsuccessor to bitcoin in 2014, Ethereum and itscryptocurrency token, Ether , offer some interesting features which could make the platform a better transactional medium than some of its contemporaries. Smart contracts make fraud and censorship even less likely than with other cryptocurrencies and the Ethereum blockchain is great for crowdsourced funding that doesnt require a third-party middle-man like Kickstarter or IndieGoGo. But whether you want to dig into the technicalities of what Ethereum and Ether are, or whether you just want to buy some to make some money out of it, in this guide well walk you through the best ways to do so, so you can get together your own collection of ETH in no time at all. Arguably the simplest way to buy your first Ether is through an exchange platform. They do all the hard work of checking prices and making the actual transaction for you. Although Ether differs from bitcoin and other cryptocurrencies in a few ways, using an exchange makes the practice of buying it no different. But which exchange should you choose? There are tens of popular exchange platforms and each of them is a little different from one another. The simplest suggestion is to pick an established and insured exchange with full support for Ether trading like Coinbase , Kraken or BitStamp , but you can always use Bitcoin.coms exchange page to sift th Continue reading >>
3 Cryptocurrencies That Outperformed Ethereum In 2017
3 Cryptocurrencies That Outperformed Ethereum in 2017 One lesser-known virtual coin is up nearly 170,000% this year. It may be the holiday season, but cryptocurrencies have been playing the role of St. Nick for virtual currency investors since the beginning of the year. When the calendar turned to 2017, the aggregate value of all cryptocurrencies combined was a mere $17.7 billion -- and bitcoin made up well over 80% of this value at one point. However, as of Dec. 14, the total cryptocurrency market cap had soared to $515 billion. For you math-phobic people, that's a return of more than 2,800%. For investors who've held throughout the entirety of this volatile year, they've possibly seen a lifetime's worth of gains. It's time we gave props to Ethereum and its 8,500% return A lot of credit is often bestowed on bitcoin for fueling this digital currency rally, and with good reason. Bitcoin was the first tradable cryptocurrency, and it's the most widely accepted by merchants. Even now, with an aggregate market cap of $515 billion for all virtual currencies, bitcoin comprises 56% of that total. But this rally is about more than just bitcoin. It's about the emergence of other coins and underlying blockchains that have the potential to effect positive change. Perhaps no cryptocurrency has stolen the spotlight from bitcoin in 2017 more than Ethereum. The Ether token has rallied by 8,500% this year, pushing Ethereum's market cap to $66 billion. Why the newfound love for Ethereum among investors? It mostly has to do with Ethereum's blockchain. Blockchain is the infrastructure that digital currencies are built upon, and they're responsible for logging transaction data in a digital, distributed, and decentralized ledger. There are a host of advantages to blockchain technology, incl Continue reading >>
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 >>
4 Cryptocurrencies To Buy If You Missed The Boat On Bitcoin
4 Cryptocurrencies to Buy If You Missed the Boat on Bitcoin With bitcoin prices cracking $10,000, investors who were late to the game should seek out alternative cryptocurrencies Not known for providing conventional trading dynamics, bitcoin prices again shocked the world, this time exceeding $8,000. At this juncture, we may be standing on a critical inflection point. For those that believe that cryptocurrencies are in a bubble, the present bitcoin prices are a perfect argument. But to crypto supporters, the dramatic rise only proves the viability of the digital markets. Ive written extensively about cryptocurrencies, and Ive traded them as well. But even I have to admit that the meteoric skyrocketing of bitcoin prices is a shocker. Im not so surprised in terms of nominal targets: a few months back, I wrote about the not-so-crazy case for $10,000bitcoin . My InvestorPlace colleague, Will Ashworth, did the same . Rather, the speed at which bitcoin prices accelerated caught me flatfooted. Obviously, I stand with virtual currency supporters. My personal view is that if cryptocurrencies were a bubble, it would have popped by now. While I get why investors are hesitant to jump onboard what appears to many as internet tokens, we shouldnt underestimate how much information we have available today. If Google was around during the tulip-mania era, I doubt that so many people would have lost their life savings. And in the same logic, we hear so many stories about bitcoin prices being unsustainable. This is a bull market that has had every opportunity to collapse. Still, bitcoin prices today represent a considerable risk. Not too many can afford to plop down more than eight grand for a single coin. But if you feel that you missed the boat, dont worry! The following cryptocurrenci Continue reading >>
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now?
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now? (Photo Illustration by Chesnot/Getty Images) Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days. Thus far, the cryptocurrency roller coaster has helped speculators who have been on the right side of the market to amass fortunes. The trouble is that no speculator is smart enough or lucky enough to time the market. At least thats what mainstream financial economics claims. Seven-Day Price Change For Major Cryptocurrencies Source: Coinmarketcap.com 2/2/18 at 7:30 p.m. Sooner or later, speculators who play this game will find themselves on the wrong side of the market, losing the fortunes they amassed early on and then some. Thats why cryptocurrency investors should look beyond the current roller coaster, and ask where cryptocurrencies will be20 years from now. [Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I don't own any Bitcoin.] Unfortunately, almost anything connected with the future of Bitcoin is speculative right now, says Jason Labrum, founder and president of Labrum Wealth Management. When you look at the sophistication level of the average person buying Bitcoin, its scary. They just see an asset that at times has gone up a whole lot in value, so you get a herd mentality of people wanting to jump on the bandwagon. Labrum isnt clear how things will look in20 years from now. It will be interesting in 20 years to look back on the conversations we are having today abo Continue reading >>
3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide
Last updated on December 14th, 2017 at 08:16 am Note:If youre looking to buy Ethereumfor trading purposes only you may want to check out Plus500 Ethereum CFD trading. Keep in mind that when trading CFDs your capital is at risk. Lately there has been a lot of talk about the hottestaltcoin in the community Ethereum. Ethereum is a cryptocurrency and a blockchain platform with smart contract functionality. Its basically a decentralized platform for developers to build apps on top of and it was invented by Vitalik Buterin in 2013. Ethereum can be used to codify, decentralized, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property. Well, Ether is the currency of the Etherium platform. Etherwill be required by anyone wishing to build upon oruse the Ethereum platform. Just like BItcoin, Ether can be traded around the web and mined. In a second Ill show you exactly where you can buy it. Most people use the term Ethereum to refer to the currency instead of Ether and thats why it can get so confusing. The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale of the currency. The results were roughly: 60 million ether created to contributors of the presale 12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasnt included (called uncle/aunt reward) The founders of Ethereum state that Ether is not a currency as much Continue reading >>
Ethereum Will Pass Bitcoin In 2018: My Cryptocurrency Investment Portfolio
product leader, e-commerce expert, writer, blockchain, 95percent.io contributor Ethereum will pass Bitcoin in 2018: my cryptocurrency investment portfolio In the last few days, many have asked about my investment strategy and portfolio mix after writing 95Percent s: Blockchain Technology . After much deliberation, in this post, Ive decided to share my holdings with you. Perhaps more importantly, Ive decided to also share my underlying philosophy. As a reminder, I know nothing. None of this should be construed as investment advice, and you should do your own research before making any investments. I would be financially okay if I lost all of my invested money: you should make sure you could survive a total loss before investing any funds. But enough of that, how should you approach investing in cryptocurrencies? First, I advocate creating your own investment tenets. Tenets are also a crucial aspect of the product management process. I recommend creating tenets before diving into any business, project or problem. Each tenet expresses the conflict arising from two (or more) competing philosophies Each tenet ultimately demonstrates preference for one philosophy over others Most people have their own philosophies and preferences, but they dont write them down. Writing them out is crucial because it crystalizes your thinking. Tenets are helpful when times are good and indispensable when things get tough. You should debate your tenets heavily with family, friends, and yourself. Below I share five of my cryptocurrency investment tenets: Jasons Cryptocurrency Tenets [January 2018] 1) I will prioritize platform investments (think Ethereum) over application investments (think Dash). Strong infrastructure scales and changes the world. Successful applications are hard to predict an Continue reading >>
Should You Buy Bitcoin? Or Ethereum? Or Dash? Or Just ... Boring Old Stocks?
Should you buy bitcoin? Or Ethereum? Or Dash? Or just ... boring old stocks? A visual representation of the digital cryptocurrency, bitcoin alongside U.S. dollars on Dec. 07, 2017 in London, England.-Dan Kitwood/Getty Images So many cryptocurrencies. So much money to be made or lost. Youre a would-be investor, deciding whether to put your money in bitcoin . Or Dash .(It's digital cash. See what they did there?) Or Ripple .(Though I have a personal rule about never investing in a currency that could be mistaken for an ice cream.) Where do you put your money? Well, besides scanning Reddit threads, starting Wednesday, there will be official financial ratings in the mix. Weiss Ratings is going to assign letter grades think A through Fto cryptocurrencies. Interested parties can subscribe to the ratings for $39 a month to find out the grades. Though, because of the volatile nature of cryptocurrencies, those grades could change daily. Marketplace Tech host Molly Wood spoke with Martin Weiss, whos behind the ratings. Molly Wood: Youre creating a rating for cryptocurrencies. Why? Martin Weiss: As you've seen in the news, the market for cryptocurrencies is wild. It's one of the few places we've seen so much fear, greed and panic. So we felt that this is exactly when individual investors and consumers need some rational guidance that's based on fact and not fiction. Wood: Given the newness and complexity, and the wildness overall, how on earth could you possibly come up with what you think is a reliable rating? Weiss: Well, reliable ratings are based on four things in our model. The first is what we call the risk index, to give you a sense of how much price risk there is in each cryptocurrency, and there's a lot of variability there. Some are not as volatile as others. The second Continue reading >>