Bitcoin has almost tripled in value in the last twelve months as it traded at over Rs 2 lakh on Thursday. The price of the cryptocurrency could reach $3,000 - or Rs 1.93 lakh - within a couple of days.
There are also other Online Currencies
Ripple
Market cap: $1.4 billion
Price: ₹18
Live Chart - https://www.coingecko.com/en/price_charts/ripple/inr
Buy in India https://btcxindia.com/
Year created: 2013
Ripple has already attracted millions in venture capital, including from Google Ventures. In contrast to Bitcoin, there is no mining of Ripples. Ripple also is set up as a payment network, not only for Ripple, but for other currencies, and as an automated system for currency trades.
Litecoin
Market cap: $353.3 million
Price: ₹1,768
Live Chart - https://www.coingecko.com/en/price_charts/litecoin/inr
Year created: 2011
Litecoin sets itself up as the “silver to Bitcoin’s gold.” Confirmations of transactions are purportedly processed more quickly with Litecoin than Bitcoin. The way it’s mined also eliminates some of the advantage for miners with specialized computer hardware.
Ethereum
Ethereum = ₹11,690 Live Chart - https://www.coingecko.com/en/price_charts/ethereum/inr
Peercoin
Market cap: $71.3 million
Price: $3.37
Year created: 2012
Peercoin markets itself as using less energy and being more environmentally sustainable than some of the other coins on the market. It says it is designed to have a 1 percent rate of inflation.
Primecoin
Market cap: $7.1 million
Price: $1.55
Year created: 2013
With this coin, miners have to use their computers to find Cunningham chains, which are sequences of prime numbers. Primecoin touts the mining of such prime numbers as “providing potential scientific value in addition to minting and security for the network.”
Namecoin
Market cap: $26.9 million
Price: $3.30
Year created: 2011
Namecoin was created to explore the record-keeping side of the cryptocurrency technology. It acts as a peer-to-peer, decentralized domain name system for dot-bit domains. People can purchase dot-bit domains with Namecoin, and then Namecoin tracks the transaction in the “block chain,” or public ledger.
*Invest at your Own Risk
Share your experience if you have invested or if you know any valuable information regarding Online currencies
There are also other Online Currencies
Ripple
Market cap: $1.4 billion
Price: ₹18
Live Chart - https://www.coingecko.com/en/price_charts/ripple/inr
Buy in India https://btcxindia.com/
Year created: 2013
Ripple has already attracted millions in venture capital, including from Google Ventures. In contrast to Bitcoin, there is no mining of Ripples. Ripple also is set up as a payment network, not only for Ripple, but for other currencies, and as an automated system for currency trades.
Litecoin
Market cap: $353.3 million
Price: ₹1,768
Live Chart - https://www.coingecko.com/en/price_charts/litecoin/inr
Year created: 2011
Litecoin sets itself up as the “silver to Bitcoin’s gold.” Confirmations of transactions are purportedly processed more quickly with Litecoin than Bitcoin. The way it’s mined also eliminates some of the advantage for miners with specialized computer hardware.
Ethereum
Ethereum = ₹11,690 Live Chart - https://www.coingecko.com/en/price_charts/ethereum/inr
Peercoin
Market cap: $71.3 million
Price: $3.37
Year created: 2012
Peercoin markets itself as using less energy and being more environmentally sustainable than some of the other coins on the market. It says it is designed to have a 1 percent rate of inflation.
Primecoin
Market cap: $7.1 million
Price: $1.55
Year created: 2013
With this coin, miners have to use their computers to find Cunningham chains, which are sequences of prime numbers. Primecoin touts the mining of such prime numbers as “providing potential scientific value in addition to minting and security for the network.”
Namecoin
Market cap: $26.9 million
Price: $3.30
Year created: 2011
Namecoin was created to explore the record-keeping side of the cryptocurrency technology. It acts as a peer-to-peer, decentralized domain name system for dot-bit domains. People can purchase dot-bit domains with Namecoin, and then Namecoin tracks the transaction in the “block chain,” or public ledger.
*Invest at your Own Risk
Share your experience if you have invested or if you know any valuable information regarding Online currencies