Sentences with phrase «alternative cryptocurrency»

Large - scale exits could cause a drastic drop in the price of alternative cryptocurrencies.
The market has room for more than one option, and this is proved by the recent gains in alternative cryptocurrencies in terms of market share in the space.
Although bitcoin and other alternative cryptocurrencies have been on the rise in recent years, the boom they saw in 2017 was partly driven by an increase in the number of ICOs.
Additionally, many newcomers are probably also investing in alternative cryptocurrencies with the hopes of catching the next wave after failing to buy bitcoin for double and even triple digit prices.
The move comes amid sharp rises in the prices of many alternative cryptocurrencies, or altcoins, along with the spike in bitcoin prices.
Go beyond bitcoin to discover alternative cryptocurrencies and gain further insight by exploring our guide.
Now the mainstream media is just beginning to talk about alternative cryptocurrencies, or altcoins, which are all the cryptocurrencies aside from bitcoin.
The emerging smart contract platform and alternative cryptocurrency system is gaining attention though many still wonder how it exactly works.
Given that many cryptocurrency exchanges deal with issues such as financial regulations, steep price fluctuations, theft and fraud, traders may be inclined to seek alternative cryptocurrency conversion methods.
As altcoins are becoming more popular in the recent years, more and more platforms started to offer alternative cryptocurrencies.
Getting ticket service operators to integrate alternative cryptocurrencies is a difficult task for an event that's taking place in two weeks.
In total, the percent of the total cryptocurrency market cap held by alternative cryptocurrencies rose to 21 % in Q3, up 2 % from Q2 and 4 % from Q1.
The cryptocurrency market is booming, and we can not ignore the fact that there are over 850 different alternative cryptocurrencies in the market today.
As a result, several alternative cryptocurrencies have been developed with the focus on enhancing the protection of the privacy and anonymity of transactions.
As many alternative cryptocurrencies are traded against bitcoin, when bitcoin drops, many other alternative coins will drop as well.
So, the mining of alternative cryptocurrency is ideal for large stakeholders.
But, others may be testing the waters in alternative cryptocurrencies, as bitcoin is far from alone in having seen its price recently hit an all - time high.
So, for example, a Bitcoin holder can take advantage of temporarily favorable exchange rates and trade her Bitcoin for alternative cryptocurrencies, and a bump in the price of Bitcoin may cause investors to increase trading volume in other coins.
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The dominance index of bitcoin has also declined to an all - time low at 38.3 percent, as alternative cryptocurrencies in the market started to surge in value.
The Bitcoin can be exchanged for either fiat money (legal tender) or other alternative cryptocurrencies such as Ethereum.
Normally when new alternative cryptocurrencies are created, developers just clone the code and not the blockchain.
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Further, the new combined record came in spite of the fact there were no big gains in litecoin, monero or dash, some of the more popular alternative cryptocurrencies among traders.
One of the more interesting alternative cryptocurrencies to have come out of the dungeon that is the Bitcointalk altcoin forum is something called «Quark» (or sometimes «QuarkCoin»)-- a cryptocurrency that aims to be «super secure» by...
Mr. Sanchez expressed regret for his previous BTC «maximalism,» and reinforced Openbazaar's desire to place a greater emphasis on alternative cryptocurrencies.
The document went on to speculate that «successful law enforcement activity related to Bitcoin - using cybercriminals may push users further towards alternative cryptocurrencies
There will likely be numerous alternative cryptocurrencies launched in the future, each one constructed to first enrich its originator with a large number of units, and then released in the hope that it will catch on.
Alternative cryptocurrency coins (Altcoins or simply «coins») simply refer to coins that are an alternative to Bitcoin.
Indeed, it also continues a trend reported earlier today, during which the price of bitcoin had sunk below $ 18,000 while alternative cryptocurrencies like ether and REP posted significant gains.
Since April 4, Ontology has been the best performing alternative cryptocurrency against bitcoin.
The latest announcement takes SpectroCoin one step closer to its vision of becoming a service provider for a spectrum of alternative cryptocurrencies used for payments.
Now given the overall popularity of Bitcoin and its history, the term» altcoin» is used interchangeably to describe various alternative cryptocurrencies like bitcoin.
Alternative cryptocurrencies shone bright this week, as the wider cryptocurrency market saw continued resurgence.
I've picked these five best Bitcoin alternative cryptocurrencies right now.
The fund while structured to invest broadly will focus first on ICOs where tokens are integral to powering the protocol and secondly as a vehicle to invest in other viable, alternative cryptocurrencies which are emerging, in addition to bitcoin.
The often - overlooked alternative cryptocurrency is in the midst of a historically uncharacteristic price spike and a vicious bout of technical drama that is rivaling bitcoin's own scaling debate.
It may also create a new headache for organisations that have bought bitcoin in the past in case they were hit by a ransomware attack, and who will now have to stockpile alternative cryptocurrencies too.
Quite a lot of the time, the arguments made against specific alternative cryptocurrencies are justified; however, a strong case can be made that the position provided by Krawisz — that altcoins are bad in principle, and not just in implementation, goes too far.
Much of the hysteria around Litecoin's activation of Segregated Witness (SegWit) this week has focused around the altcoin's rising exchange rate, but the implementation of this change on one of the oldest alternative cryptocurrencies in existence could also have implications for Bitcoin.
Historically, bitcoin has demonstrated a trend in which the value of bitcoin surges when other alternative cryptocurrencies drop.
In contrast, when the value of alternative cryptocurrencies decline, the value of bitcoin has tended to increase.
«The strong interest in bitcoin does boost investors» appetite for alternative cryptocurrencies where superior gains are also being seen,» Pavel Matveev, co-founder of Wirex, a personal finance app that provides a cryptocurrency wallet and debit card, told CNBC by email.
The recent rally can be attributed to a variety of factors, the two driving factors of the rise in Bitcoin price have likely been the global finance market's anticipation of CME's scheduled listing of Bitcoin futures on December 18 and the strong performance of alternative cryptocurrencies within the past week.
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