A Cryptocurrency, a cryptogy, or cryptocoin is any digital asset intended to function as a medium of payment where user account information is maintained in a ledger system usually on a server computer-like platform. This information may include balance amounts, currency, stake or bets. In some instances, some digital assets may be backed up by real physical property such as physical gold, silver, or gems. The word Cryptocurrency comes from the words Cryptosmith and Cryptocurrency. A Cryptocurrency List is a compilation of the most popular and well known coins.
Most Cryptocurrences are based on different models of money transfer known as Cryptocurrency Brokers. Some examples of these are Biletix, Change, Fairbet, IOUs, MegaDroid, MonaVie, Quicken, Zenith, and Weld theirs. Each of these is designed for private and secured online transaction. A few of these can be used in conjunction with each other, which is known as Alt Cryptocurrency Traders. Other examples of popular and effective alt-cryptocurrencies are Litecoin, Dogecoin, Peercoin, andpeerstone. The list continues to grow with more successful and efficient currencies added to it.
Since this article was published, there are eleven more listed as the top twenty most well known and most used Cryptocurrency Brokers. They are; Biletix, Change, Fairbet, IOUs, MegaDroid, Omni Wallet, Redbox, Shape, and Unobtanium. These represent the top twenty from the standpoint of the user base, historical performance, and market volume. This is an ongoing project to expand this list into a fully functionalICOX list which covers all the major players and their respective coins. This article will also go into the history of Cryptocurrency, how it became successful, and how each of the above currencies fit into the picture.
Many people use Cryptocurrency to facilitate international payments. There are many diverse Cryptocurrency pairs out there today, including those with extreme financial leverage like Paysafe, Gemini, and Xoom. Some of these include BitPay, Buysell, and Paydotcom. Some Cryptocurrences are used for non-payment, for example Peercoin, Maidstone, Doino, and Bitumen.
Some of the most popular Cryptocurrencies at the moment are: bitcoin, eToro, ripple, and doicoin. This is just a small taste of the entire list. Some of the lesser known ones are Namecoin, Nxter, and Archcoin. The first two are in the headlines, while doicoin and ripple take their place.
When the marketplace first started out, it was filled with hype and by savvy investors that jumped on before other traders could get a fair shake. This left some gaps in the marketplace and left many inexperienced traders to be tossed aside as the market got overcrowded. As discussed, this is changing, and the competition between these two powerful players has made things much more difficult for the uninitiated. However, the rise of these currencies has spurred stiff competition, and there are now only four major currencies in the top ten.
At this point, it seems that all of the major ones have locked in their price points, and while this is great for novice traders that want to ride the trend for a few months, it’s not so great for investors that want to see some profit built up over time. In order to have a chance at making money, you need to pick the right coins. A popular argument against investing in these currencies is that they don’t have the proven track record for long-term value, and that they have some of the oldest and most sketchy protocols. Despite this, many people have managed to make some decent profits using smart contracts.
There is no reason to think that the prices will stop growing anytime in the near future. Even after the big drop at the end of January, the Lite coin price still grew by over twenty percent in just two weeks. I would attribute this growth to a number of things, but one thing is for sure. All of the hype around the Cryptocurrency Market in recent months has been completely unwarranted, and most of it was created by a single person that wants to take all of the credit for the success that the market is experiencing. Over the next few months, I expect that prices across all four major coins will level off and become more stable.