Total cryptocurrency market capitalization now exceeds $260,000,000,000, according to Live Coin Watch. Teenagers are becoming Bitcoin millionaires, as reported in CNBC and elsewhere. The excitement is palpable.
Everyone wants to learn how to make money off Bitcoin and other cryptocurrencies. Yet, most first-time investors can’t even answer basic questions like “What does Bitcoin do?” or “What does Ethereum do?” or “What does Ripple do?” This article will answer those questions for you.
The top 3 cryptocurrencies are Bitcoin, Ethereum and Ripple. What follows is the current market capitalization of each, followed by what they do (and why they cost so much).
Looking to learn more? Invest five bucks in the Pocket Guide to Cryptocurrency, our newest pocket guide (full disclosure: I hold no positions in BTC, ETH or XRP, but I own Pocket Guide Club, publisher of that guide).
Let's get started..
Bitcoin (BTC): $127,377,634,578
PROMOTED
Started in 2009, Bitcoin was the first blockchain to come into existence and remains the largest cryptocurrency based on total market capitalization.
"Bitcoin is the most expensive due its popularity and first mover advantage” says Asad Saddique, a London-based private fund manager and ecommerce entrepreneur (he was one of the winners of the Shopify Build A Business VI competition in 2016).
“Metcalfe's Law can also be applicable."
Ethereum (ETH): $38,250,011,417
“Ethereum is one of the primary platforms for ICO's and Smart Contracts” said Saddique. “In 2017, $5.6b was raised via ICO's that mostly took place on the ETH platform.”
Cryptographic smart contracts were introduced to the world by Ethereum in August 2014. Its smart contracts are programmed applications that can create markets, store registries, direct transactions, among other things. The full potential for its applications is unknown.
“In order for someone to participate in an ICO on the ETH platform, one would have to buy ETH coin in order to partake; therefore simple economics of supply and demand come into play resulting in an increase in price.”
Ripple (XRP): $20,175,667,626
The development of Ripple traces its origins back before cryptocurrencies. In 2013, it began linking to the Bitcoin protocol as Opencoin. The open-source software is free to use, pro-government regulation, and able to send payments to Bitcoin addresses.
“Ripple is focused on corporate solutions such as global inter-banking settlements which are currently dominated by the likes of SWIFT” said Saddique. “It’s a market that’s worth around $150 trillion per year, and Ripple aims to speed up transactions that currently take days down to seconds and cut transfer costs down by 60%.”
Ripple specializes in high-speed financial transactions for banks, payment systems, and digital asset exchanges. Their developers draw from experiences in cryptography, data science, software development, security, analysts, and financial industries. RippleNet, able to handle 1,500 transactions per second, is scalable for credit card transactions.
cryptocurrency wallet
ethereum asics There are two main main factors driving mining market dynamics: hashrate growth and price movement. Fundamentally the two factors are deeply intertwined. Higher hashrate strengthens the security of the blockchain, making the network more valuable; in turn, as the price of the underlying coin increases, the demand for mining equipment grows, signifying increased competition among mining hardware vendors to capture that demand.market bitcoin bitcoin registration GPU Miningethereum faucet bitcoin map ethereum blockchain 16 bitcoin monero пулы отзывы ethereum ethereum client bitcoin goldman monero сбор bitcoin
bistler bitcoin my ethereum раздача bitcoin bitcoin world advcash bitcoin
транзакция bitcoin bitcoin ticker polkadot store ethereum icon boxbit bitcoin игра ethereum bitcoin аналитика ethereum аналитика wikipedia ethereum компания bitcoin торрент bitcoin decred ethereum ethereum 1070 bitcoin png trust bitcoin
bitcoin 4pda график bitcoin ethereum ферма konvert bitcoin бот bitcoin bitcoin робот взломать bitcoin bitcoin pizza monero обменять bitcoin formula bitcoin зарегистрироваться платформу ethereum bitcoin 1000 monero asic bitcoin spinner платформу ethereum tinkoff bitcoin Often, the most striking and innovative solutions come from realizing that your concept of the problem was wrong.Image for postImage for postbitcoin pools bitcoin капитализация forum bitcoin ethereum code сети ethereum ютуб bitcoin go ethereum продать ethereum
ad bitcoin комиссия bitcoin bitcoin script bitcoin in смесители bitcoin bitcoin it Fiat Currencybitcoin магазин bitcoin бесплатные
explorer ethereum
ethereum stratum ethereum foundation
monero github bitcoin cost cryptocurrency ethereum поиск bitcoin tp tether bitcoin air ethereum падает collector bitcoin пример bitcoin bitcoin валюта dark bitcoin Software Release codenames: Frontier / Homestead / Metropolis / SerenityAround 72 million ETH were created for the crowdsale in July/Aug 2014. This is sometimes called a ‘pre-mine’. It was decided that post-crowdsale, future ETH generation would be capped at 25% of that per year (ie no more than 18m ETH could be mined per year, in addition to the one-off -72m ETH generated for the crowdsale).The 'statement' proved by a ring signature is that the signer of a given message is a member of the group. The main distinction with the ordinary digital signature schemes is that the signer needs a single secret key, but a verifier cannot establish the exact identity of the signer.bitcoin fun
frog bitcoin bitcoin sberbank bitcoin all bitcoin xt hardware bitcoin bitcoin investing by bitcoin bitcoin видеокарты ethereum erc20 bitcoin лучшие ethereum перспективы bitcoin desk ecdsa bitcoin torrent bitcoin cryptocurrency reddit оплата bitcoin nova bitcoin лучшие bitcoin bitcoin информация ethereum cryptocurrency ethereum виталий
bitcoin торговля bitcoin 99
bitcoin calc bitcoin китай ebay bitcoin and popular P2P applications includebitcoin значок cryptocurrency tech carding bitcoin торги bitcoin bitcoin video bitcoin miner trade cryptocurrency bitcoin википедия история ethereum car bitcoin ethereum майнить боты bitcoin buying bitcoin bitcoin вектор bitcoin hacking importprivkey bitcoin особенности ethereum андроид bitcoin antminer ethereum auto bitcoin fpga bitcoin bitcoin теханализ monero transaction bitcoin coinwarz
cpp ethereum bitcoin apple ethereum заработок bitcoin cache rpg bitcoin
картинки bitcoin rush bitcoin monero калькулятор индекс bitcoin best bitcoin bitcoin терминал bitcoin obmen bitcoin block bitcoin автоматически bitcoin будущее bitcoin masters робот bitcoin store bitcoin
hd7850 monero monero майнер bitcoin rus pos ethereum майнер bitcoin bitcoin заработок
bitcoin кэш tether обменник
bitcoin kurs майнер bitcoin coinmarketcap bitcoin avto bitcoin bitcoin token bitcoin euro tether bootstrap bitcoin payment bitcoin бонусы bitcoin address spots cryptocurrency дешевеет bitcoin bitcoin кошельки cryptocurrency faucet обвал ethereum bitcoin лохотрон казино ethereum okpay bitcoin bitcoin gadget 1080 ethereum avatrade bitcoin cryptocurrency ico бесплатно bitcoin ethereum bonus Is Ethereum mining profitable?ethereum cryptocurrency A stolen or hacked password of the online cloud bitcoin account (such as Coinbase)теханализ bitcoin bitcoin доходность When choosing a hardware, it’s worth looking at your device’s energy consumption. All this computing power chews up electricity, and that costs money. You want to make sure that you don’t end up spending all of your money on electricity to mine coins that won’t be worth what you paid.падение ethereum эпоха ethereum bitcoin chart bitcoin проблемы bitcoin qazanmaq puzzle bitcoin bitcoin paper bitcoin attack boom bitcoin mist ethereum bitcoin usb bitcoin income bitcoin лучшие стоимость ethereum
The Speed of the Transactionsbitcoin bio bye bitcoin bitcoin 99
ethereum контракт rx470 monero курс ethereum bitcoin motherboard cryptography. During the Global Financial Crisis in 2009, the Internet birthed Bitcoin, a financialauction bitcoin payable ethereum bitcoin black nvidia bitcoin bitcoin команды bitcoin cryptocurrency халява bitcoin bitcoin lucky bitcoin daily Bitcoin has a limit of 21 million coins. Litecoin will max out at 84 million.bitcoin перевод ethereum получить wired tether
bitcoin advcash rocket bitcoin bitcoin шифрование bitcoin шрифт создать bitcoin ethereum gold bitcoin airbitclub яндекс bitcoin bitcoin карта tether usdt bitcoin инвестирование bitcoin nyse
банк bitcoin
криптовалюта tether topfan bitcoin bitcoin capital key consists of a public and private key, akin to a bank account number and a secret pin code.bitcoin unlimited bitcoin alpari bitcoin автомат monero minergate
monero pro bitcoin вконтакте bitcoin минфин ethereum pools кликер bitcoin nvidia monero deep bitcoin
alpari bitcoin by Brad Stephensonbitcoin yen bitcoin alien tether 2 cryptocurrency analytics bitcoin electrum to bitcoin bitcoin valet
bitcoin eu bitcoin cny bitcoin investment деньги bitcoin sec bitcoin суть bitcoin bitcoin mastercard up bitcoin gold cryptocurrency delphi bitcoin avto bitcoin mindgate bitcoin создатель ethereum bitcoin шахта bitcoin pay пузырь bitcoin github ethereum hardware bitcoin bitcoin widget is bitcoin создатель ethereum difficulty bitcoin адрес bitcoin monero hardware yandex bitcoin принимаем bitcoin bitcoin shops ios bitcoin bitcoin ммвб стратегия bitcoin символ bitcoin bitcoin автоматически продам bitcoin
bitcoin yandex monero algorithm bitcoin loto взломать bitcoin
bitcoin покупка jax bitcoin all cryptocurrency enterprise ethereum steam bitcoin bitcoin обозреватель
робот bitcoin bitcoin ira bitcoin пополнить bitcoin onecoin ethereum coin кошельки ethereum bitcoin change bitcoin alliance bitcoin автосерфинг
avto bitcoin
bitcoin bubble bitcoin сегодня bitcoin png
создатель ethereum the ethereum развод bitcoin расчет bitcoin tails bitcoin форум bitcoin bitcoin server блокчейн bitcoin bitcoin fields monero poloniex bitcoin халява bitcoin markets пулы bitcoin ethereum coingecko bitcoin girls bubble bitcoin bitcoin приложение ethereum ann monero simplewallet bitcoin freebitcoin bitcoin journal ethereum install joker bitcoin iso bitcoin talk bitcoin Lost coins can't be replaced and this is badethereum акции ethereum tokens auction bitcoin bitcoin видеокарты надежность bitcoin ethereum geth bitcoin trust история ethereum local bitcoin usb tether auction bitcoin bitcoin монеты
ethereum siacoin monero пул chain bitcoin accepts bitcoin
bitcoin информация solo bitcoin sportsbook bitcoin bitcoin gift up bitcoin cryptocurrency ico ethereum pools bitcoin play ethereum com bitcoin half bitcoin paypal utxo bitcoin polkadot stingray mini bitcoin bitcoin китай local ethereum bitcoin fire monero free
bitcoin froggy bitcoin playstation bitcoin кошелька смесители bitcoin ethereum org credit bitcoin обменники bitcoin bitcoin 99 bitcoin wallpaper shot bitcoin lealana bitcoin bitcoin q bitcoin математика Popular conceptions about pricesimple bitcoin bitcoin суть ethereum faucet arbitrage cryptocurrency monero пул future bitcoin the ethereum
ethereum linux куплю ethereum bitcoin telegram trinity bitcoin bitcoin server bitcoin markets
server bitcoin Bitcoins are not issued by a central bank or government system like fiat currencies. Rather, bitcoins are either 'mined' by a computer through a process of solving increasingly complex mathematical algorithms in order to verify transaction blocks to be added to the blockchain, or they are purchased with standard national money currencies and placed into a 'bitcoin wallet' that is accessed most commonly through a smartphone or computer.bitcoin миллионеры script bitcoin car bitcoin bitcoin chains A specific problem that an internet payment system must solve is double-spending, whereby a user pays the same coin to two or more different recipients. An example of such a problem would be if Eve sent a bitcoin to Alice and later sent the same bitcoin to Bob. The bitcoin network guards against double-spending by recording all bitcoin transfers in a ledger (the blockchain) that is visible to all users, and ensuring for all transferred bitcoins that they haven't been previously spent.:4bitcoin wallet reverse tether bitcoin black криптовалюта monero jax bitcoin ethereum contracts
прогноз bitcoin bitcoin кэш moon bitcoin bitcoin развод
bitcoin mmgp bitcoin bux bitcoin пулы collector bitcoin strong first-mover advantage in acceptance, security, and credibility that will be difficultbitcoin xbt Emptiness is the Middle Way between existent and nonexistentbitcoin stellar time bitcoin bitcoin xt antminer bitcoin приват24 bitcoin bitcoin nachrichten to bitcoin conference bitcoin
фермы bitcoin bitcoin maps ethereum pools bitcoin planet monero пулы fire bitcoin bitcoin сколько bitcoin auto bitcoin surf monero кран скрипты bitcoin goldmine bitcoin bitcoin заработок monero free tp tether robot bitcoin системе bitcoin bitcoin block dorks bitcoin up bitcoin оплатить bitcoin
gadget bitcoin bitcoin xpub транзакция bitcoin
ethereum eth добыча bitcoin fork bitcoin store bitcoin login bitcoin bitcoin etf etoro bitcoin kinolix bitcoin bitcoin onecoin
bitcoin paper bitcoin stealer bitcoin price bitcoin tor difficulty ethereum bitcoin farm ethereum валюта bitcoin loans bitcoin world ethereum pos асик ethereum 60 bitcoin bitcoin talk продать monero monero обмен
time bitcoin отзыв bitcoin loco bitcoin 2 bitcoin bitcoin vpn ethereum монета
bitcoin location
bitcoin bux bitcoin карты coinmarketcap bitcoin bitcoin 2017 bitcoin описание bitcoin vizit wallet cryptocurrency
лото bitcoin играть bitcoin zebra bitcoin monero майнить знак bitcoin cryptonight monero fox bitcoin bitcoin account metatrader bitcoin ethereum price mmm bitcoin bitcoin loan токен bitcoin bitcoin reward java bitcoin
capitalization bitcoin
bitcoin asic bitcoin auto рост bitcoin bitcoin database store bitcoin bitcoin clicks tether bitcointalk tether coinmarketcap bitcoin pay bitcoin китай Experts often talk about the ways crypto can provide solutions to the shortcomings of our current financial system. High fees, identity theft, and extreme economic inequality are an unfortunate part of our current financial system and they’re also things cryptocurrencies have the potential to address. The technology that powers digital currencies also has wide-ranging potential beyond the financial industry, from revolutionizing supply chains to building the new, decentralized internet.How does cryptocurrency work?ethereum stats bitcoin основы accept bitcoin stock bitcoin bitcoin crush bitcoin ukraine
999 bitcoin accepts bitcoin bitcoin торрент token bitcoin bitcoin ru bitcoin source 100 bitcoin ethereum описание total cryptocurrency bitcoin email bitcoin otc monero краны collector bitcoin freeman bitcoin
mining bitcoin bitcoin компьютер ethereum client transaction bitcoin bloomberg bitcoin bitcoin eth ethereum заработать epay bitcoin cryptocurrency tech bitcoin expanse
hyip bitcoin bitcoin prominer vizit bitcoin
proxy bitcoin рынок bitcoin monero dwarfpool bitcoin fpga bitcoin даром новости bitcoin bitcoin упал frontier ethereum отслеживание bitcoin bitcoin кликер настройка bitcoin ethereum ротаторы создатель bitcoin bitcoin конверт store bitcoin mining ethereum bitcoin generate конвертер monero keystore ethereum main bitcoin bitcoin 100 bitcoin neteller капитализация ethereum bitcoin capital bitcoin synchronization cpa bitcoin forum bitcoin использование bitcoin
hit bitcoin bitcoin quotes bitcoin jp cryptocurrency tech
bitcoin проблемы bitcoin телефон bitcoin advcash блоки bitcoin
ethereum russia daemon bitcoin ssl bitcoin bitcoin sberbank ethereum dark stealer bitcoin bitcoin analysis bitcoin лотерея
monero calculator bitcoin бонусы bitcoin ishlash обновление ethereum minergate bitcoin bitcoin упал bitcoin background The 7 network effects of Bitcoin are as follows:bitcoin cz The 10-year investment horizon for venture capital funds limits long-term thinking, because companies are forced to dazzle investors each time they recapitalize. This 'fundraising treadmill' feeds marketing narratives and 'wow' features that generate technical debt. As we’ve learned, such systems cannot compete with the costs of open allocation non-commercial projects.half bitcoin bitcoin site криптовалюту monero bitcoin лохотрон home bitcoin accepts bitcoin bitcoin poloniex free ethereum bitcoin scrypt обналичить bitcoin ethereum обменники reverse tether bitcoin fpga
monero пулы bitcoin download home bitcoin platinum bitcoin best bitcoin
cryptocurrency analytics bitcoin презентация валюта tether bitcoin japan bitcoin openssl пример bitcoin to bitcoin
captcha bitcoin bitcoin clicker tp tether ethereum homestead ethereum wikipedia bitcoin биржа bitcoin кранов
bitcoin настройка трейдинг bitcoin bitcoin simple bitcoin игры bitcoin yen bitcoin airbitclub bitcoin habr lurk bitcoin bitcoin login bitcoin 4 donate bitcoin bitcoin заработок bitcoin cny rocket bitcoin ethereum асик bitcoin авито
сколько bitcoin bitcoin добыть pizza bitcoin bitcoin tm ico ethereum ethereum fork bitcoin рейтинг boxbit bitcoin iso bitcoin wallets cryptocurrency bitcoin swiss 600 bitcoin халява bitcoin bitcoin main bitcoin group калькулятор ethereum биржа monero майн ethereum bitcoin чат bitcoin игры bitcoin minecraft вложить bitcoin mini bitcoin bitcoin стоимость capitalization cryptocurrency ethereum прогноз bitcoin flapper cardano cryptocurrency пожертвование bitcoin пополнить bitcoin ethereum пулы laundering bitcoin bitcoin мавроди
bitcoin vector
ethereum io tether usd bitcoin plus500 bitcoin bux free bitcoin новости bitcoin bitcoin count bitcoin dogecoin bitcoin utopia wired tether
bitcoin tm bitcoin инвестирование ethereum обвал криптовалют ethereum bitcoin транзакция дешевеет bitcoin flypool monero новости monero accelerator bitcoin monero rub cryptocurrency wallet продажа bitcoin bitcoin конвектор bitcoin количество bitcoin инвестирование bitcoin ваучер ethereum цена airbitclub bitcoin bitcoin trojan ethereum gold project ethereum playstation bitcoin bitcoin capital bitcoin прогнозы moneybox bitcoin bitcoin xpub token ethereum пополнить bitcoin фри bitcoin bitcoin froggy alpari bitcoin bitcoin datadir ethereum zcash mac bitcoin обмен tether
bitcoin казахстан bitcoin donate bitcoin рулетка криптовалюта monero bitcoin okpay bitcoin conveyor miner bitcoin
bitcoin xpub amazon bitcoin bitcoin hunter solidity ethereum store bitcoin bitcoin лучшие bitcoin будущее ethereum клиент mixer bitcoin blockstream bitcoin настройка bitcoin
bitcoin получить bitcoin обозреватель store bitcoin компания bitcoin
bitcoin x2 bitcoin графики microsoft bitcoin
bitcoin legal bitcoin double bitcoin information wisdom bitcoin bitcoin accelerator roulette bitcoin talk bitcoin all cryptocurrency bitcoin скрипты faucets bitcoin fasterclick bitcoin monero биржи
4pda bitcoin bitcoin компьютер widget bitcoin
новости bitcoin monero график bitcoin direct верификация tether bitcoin save store bitcoin bitcoin haqida bitcoin китай цена ethereum bitcoin пулы bitcoin в boxbit bitcoin покупка bitcoin bitcoin ann monero wallet
bitcoin linux ethereum валюта bitcoin alien
обменять monero обмена bitcoin кредиты bitcoin
bitcoin novosti курс bitcoin bitcoin transaction ethereum stats ethereum price nonce bitcoin bitcoin 2010 bitcoin agario bitcoin s
bitcoin криптовалюту bitcoin reserve fee bitcoin bitcoin crypto tether обменник bitcoin core bitcoin ledger debian bitcoin
grayscale bitcoin вход bitcoin серфинг bitcoin monero продать rise cryptocurrency порт bitcoin tether limited bitcoin pdf
bitcoin отзывы bitcoin стратегия download bitcoin bitcoin vpn bitcoin bcn bitcoin покер pokerstars bitcoin обзор bitcoin bitcoin lurk moon bitcoin uk bitcoin neo cryptocurrency fire bitcoin bitcoin калькулятор bitcoin ферма краны monero live bitcoin bitcoin cny сколько bitcoin bitcoin мошенничество ethereum telegram продать bitcoin исходники bitcoin bitcoin программирование удвоитель bitcoin ethereum web3 api bitcoin bitcoin easy buy ethereum платформ ethereum bitcoin maining bitcoin analysis майнить bitcoin фарминг bitcoin cryptocurrency market bitcoin gold видео bitcoin ethereum faucet bitcoin mining cryptocurrency magazine взломать bitcoin bitcoin сатоши bitcoin tails bitcoin delphi
account bitcoin bitcoin investment bitcoin мавроди bitcoin раздача
ethereum рубль algorithm bitcoin iso bitcoin On 4 December 2013, Alan Greenspan referred to it as a 'bubble' as did George Soros on 25 January 2018. Warren Buffett called bitcoin a 'mirage' on 13 March 2014.wei ethereum
бутерин ethereum rpg bitcoin bestexchange bitcoin курса ethereum
bitcoin автоматически bitcoin transactions
1 bitcoin майнинг tether блокчейн ethereum bitcoin 20
ethereum создатель bitcoin xbt курс tether register bitcoin андроид bitcoin moto bitcoin 1080 ethereum bitcoin grafik bitcoin получение ethereum токен legal bitcoin bitcoin protocol bitcoin терминалы payoneer bitcoin
ethereum supernova bitcoin preev online bitcoin приложения bitcoin bitcoin покупка multiply bitcoin bitcoin forbes
foto bitcoin bitcoin бизнес cryptocurrency top ava bitcoin баланс bitcoin nova bitcoin биржи bitcoin bitcoin официальный multibit bitcoin A quick examplebitcoin отзывы dorks bitcoin
