Top 5 Cryptocurrencies in 2017

At the time for this recording, Bitcoin is close to reach its highest value ever - $1,216. A few weeks earlier, it was down to $800 mostly due to the Chinese government investigating ‘cryptocurrency activities” in the country. With such a controlled Chinese Yuan, lots of Chinese people are increasingly looking for ways to move their money freely and out of the country. And a growing number of people are turning to cryptocurrency for that purpose: to protect, to move and to use their money as they please.  As bitcoin has been the pioneering cryptocurrency — the first leveraging the blockchain technology, allowing cheaper, safer and faster transactions — people associate naturally the words cryptocurrency and bitcoin. However, Bitcoin has inspired lots of geek entrepreneurs to come up with a better version of Bitcoin. Some kind of bitcoin 2.0. And that’s because Bitcoin isn’t perfect. It has some major room for improvements. For example, Bitcoin network requires lots of energy (computing power & electricity) to run its network to verify transactions. It’s quite inefficient and it’s raising lots of questions on the future of the pioneering cryptocurrency. Welcome to the world of the Altcoins.   Think of it this way. A cryptocurrency is like an social network. You basically only need one that most people will use. MySpace was the first dominant and successful social network in 2003–2006 — In fact, it was the #1 website in number of visitors in the US in 2006, beating both Google and Yahoo! Facebook came along and wiped out MySpace in less than a year. Will this happen to Bitcoin? Maybe. Time will tell.

Comments

1. https://www.minegate.org/ref/2e668 best btc mining
2. Мне понравилось
3. For joining Onecoin in Delhi NCR please watsapp: 9871305791
4. I can't judge if OneCoin is legit or not. Because they follow a different kind of Marketing than "Official" Coins. They seem to have a Blockchain in place, otherwise the Site Dealshaker wouldn't function and Transactions wouldn't be possible. What you have to consider though is if the Blockchain they are inc-operating has advantages towards others, because most likely it will be a copy of an already existing coin. Which means, when it goes public as you mentioned it becomes exposed to the World and not only To OneCoin members, which means it will be Judged very heavily as to why people should use OneCoin rather than other Coins which are gaining popularity and might re-invent the Crypto World as we know it until that time comes. One Year is a Huge Deal in the Crypto World, so OneCoin might have a very hard time on the Official Stock market because so much will have happened by then. If i were you, I would look at CoinMarketCap and Study the Other Coins other than Bitcoin in more Depth and start to understand that we are moving in such a pace that the only way to be in the Top 1,2,3 of Coins is to offer something that the others don't. And assuming that OneCoin is a copy, it can't offer that. As long as the Coin is only traded in the Back Office, it's just other OneCoin users trading the Coins around ... That doesn't give it a value though... Atleast not in the Proposed way that it is being promoted as.
   
   I hope you understand what i mean to say :)
   
   Think about it... I'd rather put my money into something that's happening right now and not in a Years time. There are other Coins with some very strong Marketing! #Dash
5. its a scam
6. This seems to be a pyramid scheme driven toward people that don´t understand what blockchain technology is, feeding off the news bitcoin is generating. Bitcoin gets it´s value from how it´s structred there is no structure to onecoin. Bitcoins blockchain can´t get hacked, you can´t create a bitcoin out of thin air it´s protected by a mathematical sequence and you can´t counterfiet a bitcoin( double spend). Onecoin doesn´t even use a secure blockchain as a technology so it´s foly to all of these.