What cryptocurrencies are there on the market? Mint

Good day, readers!

I will continue to fill out the “Cryptocurrencies” section. The other day there was a short introductory article about the Livecoin exchange, and today we’ll look at 10 cryptocurrencies, which became the most outstanding in 2017.

Information technologies are conquering the world with huge strides and the idea of ​​Transnet () no longer seems so futuristic, and perhaps the time is not far off when moving around the planet will become as fast as the Internet.

So finance has taken the path of accelerating and globalizing processes. Over many years, people have become accustomed to thinking of money as a specific monetary unit that they can pick up and pay for a product or service, or track their card balance via SMS on their phone. Besides everything, everyone knows the currencies of different countries and some of them are .

What is cryptocurrency?

For some time now, the concept of cryptocurrency has burst into the world of finance. This is a digital monetary instrument, all movements of which are based on cryptography (encryption).

Cryptocurrencies, unlike essentially similar electronic money (Yandex, WebMoney, etc.), do not have a single server that would belong to a specific organization; they are issued not by governments or banks, but by miners.

The “birth” of the first cryptocurrency took place in the Bitcoin payment system, this was in 2009, and since 2010 it became possible to spend these monetary units.

Now the first bitcoins spent have become legendary, since their owner bought a pizza for 10,000 bitcoins...that’s probably biting his elbows, because at that time 1 unit of cryptocurrency cost 10 cents, and now its price exceeds $11,000 and continues to inflate further due to the powerful global hype .

The essence of cryptocurrency.

Each monetary unit has its own basis, for which it is valued. What is the foundation for the value of cryptocurrencies?

The crypt system has similarities to rare fossils:

  • their quantity is limited and this limitation allows you to always be in price. Cryptocurrency technology was specially thought out and created according to a principle that protects currencies from depreciation. For example, there are 21 million bitcoins available, and only a third remain uncirculated);
  • cryptocurrencies, like precious minerals, cannot be counterfeited;
  • Crypto can be both purchased and mined.

And the principle of operation of the entire system can be compared with the principle of torrents. Many people have a special program on their computer that allows them to download and distribute these files to others who have a torrent tracker on their computer (for example, movies or books). But in the electronic currency system, it is not files that are transferred, but points that can be exchanged for real money at special ATMs or bought something.

The principle of selecting cryptocurrencies for portfolio formation.

There is a certain set of factors that is the basis for choosing any investment instruments, and cryptocurrencies have their own characteristics:

  • Market capitalization is the product of the total volume of issued money and the stock price at the moment.
  • Liquidity is the ability to quickly sell crypto at a price close to the market price.
  • Popularity is usually a combination of the first two factors. Very often in life, everything popular is highly valued and in demand.
  • Volatility - pay attention to the “pattern” of the price change graph; ideally, it has a growing trend with minimal declines throughout its history.
  • Unit price. The most popular cryptocurrencies have a high cost, but this does not mean that cheaper ones are not worth considering. The cryptocurrency market is so large that among all of them there are some that are overgrown, and there are also outright slag, but there will certainly be those on which you can earn thousands of percent of profit, despite the fact that there may not be any of them in 10 cryptocurrencies.
  • Rating. It’s worth focusing on; most promising cryptocurrencies tend to be closer to the leading ones.

TOP 10 popular cryptocurrencies in 2017:

1. Bitcoin.

This word has become a household word for all cryptocurrencies and almost everyone talks about it, it seems that soon the birds in the trees will be chirping about bitcoins...

As already mentioned in the article, Bitcoin is a pioneer among cryptocoins; it is a leader in all principles, capitalization, popularity, price, and is growing by leaps and bounds.

2. Ethereum.

It appeared in 2013, but has long been popular and is among the top cryptocurrencies. Unlike Bitcoin, it has a slightly different operating principle. The Ethereum platform has the ability to create new cryptocurrencies.

3. Litecoin.

This crypt is also similar to Bitcoin, it is limited to four times the amount - 84 million units. An electronic payment system using the cryptocurrency of the same name.

4. Zcash.

The so-called anonymous cryptocurrency. The developers of Zcash claim that they do not leave digital traces of which wallet the money was written off from and where it was credited and what the transfer amount was.

5. Dash. Dash.

A very promising cryptocurrency, actively growing and ahead of its competitors.

6. Ripple.

This monetary unit appeared in 2012. Its main purpose is to conduct gross transactions online.

7. Monero.

One of the young cryptocurrencies, which is increasingly included in the TOP 10 cryptocurrencies. During the development process, like the others, emphasis was placed on decentralization and anonymity of the process.

8. Ethereum Classic.

A new branch of the now popular Ethereum. The Classic course and its capitalization are actively growing at the expense of its older brother.

9. IOTA.

A young and inexpensive cryptocurrency that is regularly included in the top ten cryptocurrencies in 2017. Its market capitalization is $1.3 billion.

A platform with its own analytical forecasts, capitalization of about $800 million.

Let's summarize:

This is what the TOP 10 most popular currencies look like, it is changing and what will happen to cryptocurrencies in the future is unknown in 10 years, but now it looks like this is the crest of a growing wave.

More and more crypto coins will appear, which will have their own “chips” and the TOP 10 will definitely change, but over time it will become more stable and the strongest will become leaders.

There is information that Alibaba is about to release its own cryptocurrency, as well as many others that already have a huge number of users, which means that the growth from this could be colossal.

You need to keep up with the times and add cryptocurrencies to your investment portfolio, but of course, do not forget about both cryptocurrencies and exchanges offering their purchase.

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They blew up the market in 2017. Now only the lazy are not talking about the new digital currency, which actually appeared back in 2009. We have selected the best cryptocurrencies by capitalization from 800 types. Many of them showed huge growth in value in the first half of 2017. It is due to this that they aroused high interest from the public. Find out about the most promising cryptocurrencies from ProfitGid.ru. Together with you, we will find out which currency is best to invest money in.

The first cryptocurrency appeared back in 2009. At that time, crypto money was not in great demand, so Bitcoin did not attract much attention. However, after a few years they begin to buy and sell it. This leads to new forks (analogues of Bitcoin) appearing.

Not all cryptographic currencies have become popular, so some of them are worth nothing and are not suitable for investment. To bring more profit, we offer a rating of cryptocurrencies 2017.

NameFirst editionExchange rate as of June 28, 2017Number of coinsCapitalization size
BitcoinJanuary 3, 2009 $2532,43 16,415,087 BTC $41 570 058 771
EthereumJuly 30, 2015 $290,45 92,851,629 ETH $26 968 941 237
Ripple 2012 $0,279247 38,291,387,790 XRP $10 348 132 676
LitecoinOctober 7, 2011 $40,66 51,745,357 LTC $2 104 209 434
Ethereum Classic 2016 $18,75 93 028 302 ETC $1 744 113 212
NEMMarch 31, 2015 $0,160489 8,999,999,999 XEM $1 444 401 000
DashJanuary 18, 2014 $180,59 7,389,090 DASH $1 334 425 230
IOTA 2015 $0,357338 2 779 530 283 MIOTA $993 231 792
MoneroApril 18, 2014 $44,46 14,697,191 XMR $653 416 546
StratisJune 20, 2016 $6,61 98 441 777 STRAT $638 238 662

Bitcoin: #1 in the list of best cryptocurrencies

- the first cryptocurrency in the world, which appeared on January 3, 2009. Satoshi Nakamoto is considered the father of new electronic money. However, some users are sure that this is the pseudonym of a group of talented programmers.


Bitcoin has changed people's understanding of the nature of money in general. Now financial resources do not need regulatory authorities. The authenticity of the coins is confirmed through complex mathematical algorithms, and the users themselves can issue funds.

What you need to know about Bitcoin:

  • decentralized system – all users have equal rights and opportunities;
  • complete transparency of settlements - each participant can view all transactions;
  • lack of control - no state or organization can control operations within the system;
  • anonymity – the system does not require user verification;
  • The issue of coins is limited - a total of 21,000,000 BTC will be issued.

As a result, people get an ideal tool for financial calculations. You can send money anywhere, and the sender does not have to pay huge commissions.

Bitcoin is open source, which has made it possible for other programmers to create new cryptocurrencies. Therefore, their list is constantly updated. Despite this, Bitcoin is the best cryptocurrency in the world and will be able to maintain first place in our crypto money ranking for a long time.

Ethereum

Ethereum is a relatively new cryptocurrency that appeared on July 30, 2015. The founder of Ethereum is Vitalik Buterin, a Canadian programmer of Russian origin. He proposed this system back in 2013. Thus, it took about two years to develop the cryptocurrency. This system is also based on blockchain technology.

Ether has several key features, due to which this cryptocurrency quickly became one of the most popular and took second place in the ranking. Firstly, smart contracts in the Ethereum system have a wide range of capabilities, so they can be used in different areas of life. Secondly, Ethereum is an open platform, making the implementation of blockchain technology much easier. Due to this, it attracted the attention of large companies:

  • Microsoft;
  • Acronis;
  • Sberbank and others.

Vitalik Buterin - founder of Ethereum

Ripple

Ripple is a complete settlement, currency exchange and money transfer system. The system was launched in 2012. Its main task is to ensure maximum security for monetary transactions of any size without refund. Now it is the third cryptocurrency in the ranking by capitalization.

Ripple's popularity is due to its widespread use. This system is successfully used by the following well-known organizations:

  • UniCredit;
  • Santander;
  • Fidor and so on.

The Ripple protocol is increasingly used by banks and payment networks.

Some experts believe that this system could be a worthy replacement for Bitcoin. The American Banker publication claims that Ripple's distribution registries have a number of important advantages over Bitcoin, in particular a higher level of security. However, in terms of price, this digital currency is still noticeably inferior to BTC.

Litecoin

– a fork of Bitcoin that appeared on October 7, 2011. As of June 28, 2017, LTC is in 4th place in the ranking in terms of capitalization among cryptocurrencies. It is worth noting that Litecoin came out after Namecoin. However, the previous fork failed to become a popular settlement system. Now NMC is in 73rd place in the list of cryptocurrencies.

The author of the system is Charles Lee. He took the Bitcoin code as a basis. Charles Lee created Litecoin as an alternative to Bitcoin, but so far this fork is significantly inferior. The news that LTC can replace BTC only partially allowed the rate of this cryptocurrency to rise.

Main characteristics and differences from Bitcoin:

  • increased issue of coins – maximum number 84,000,000 LTC;
  • accelerated transactions - forming a block takes on average 2.5 minutes, which is 4 times faster than Bitcoin.

Ethereum Classic

Ethereum Classic is a blockchain platform for developing decentralized applications using smart contracts. It is a cryptocurrency, which is also called “ether”, but at the same time on exchanges it has a different abbreviation “ETC”.

Ethereum Classic is a hard fork of Ethereum. The fact is that the DAO platform, which was engaged in managing investment capital, operated on the basis of Ethereum. However, there is a bug in the program of this system, which hackers took advantage of. They managed to successfully attack The DAO and transfer one third of all ether to ChildDAO accounts. The total amount of theft at that time was $50 million.

Since Ethereum is decentralized, there is no authority that can reverse transactions and return money back. As a result, the developers decided to separate some of the blocks. Thus, a new cryptocurrency, Ethereum Classic, was formed, which develops independently of regular Ethereum.

NEM

NEM is a Japanese cryptocurrency that has firmly established itself in the top 10 ranking. It is mainly traded on the Japanese market, but is gradually attracting the attention of users from other countries. Based on NEM, the private Mijin network was developed. It is focused on banking transactions and has already attracted interest. SBI Sumishin Net Bank, the largest bank in Japan, tested Mijin and its capabilities for 3 months.

Now the system allows up to 3 thousand transactions per second.

Investors should pay attention to this currency. The fact is that NEM managed to consolidate a strong position in Japan, but at the same time the cost of one coin remains at a low level. Cryptocurrency rates may rise significantly after successful expansion in Asian countries. The developers have repeatedly stated that they are going to gradually expand to new countries.

Dash

Dash – this cryptocurrency appeared on January 18, 2014. Previously it was known under other names: Darkcoin and XCoin. The founder of the system is Evan Duffield. According to him, he became interested in Bitcoin back in 2010, after which he began developing his own cryptocurrency. The main goal pursued by the developer was to increase anonymity.

Main differences between Dash and Bitcoin:

  • higher level of anonymity;
  • emission of funds requires less energy consumption;
  • a decentralized management system allows all system participants to participate in the further development of cryptocurrency;
  • Not one, but several cryptographic algorithms are used.

Higher anonymity is ensured by shuffling coins. For this, a special service called PrivateSend is used. All transactions are combined into one, the coins are mixed and split into equal parts. After mixing, the amount is sent to the owner. Thus, even within the system it is impossible to track individual amounts.

IOTA

IOTA is a relatively new cryptocurrency that appeared on January 18, 2014. Now it occupies 8th place in the capitalization ranking. She managed to achieve high popularity due to her uniqueness. It is not similar to any of the above cryptocurrencies, so it has potential.

It is based on the Tangle consensus method. Despite the fact that the coin appeared in 2014, it became available on the exchange and in exchangers only in 2017. Bitfinex is the first platform that supports IOTA exchange.

The difference between this cryptocurrency is the absence of miners and transaction fees. Network nodes are mutually confirmed. Despite this, they plan to issue a colossal number of coins – 2,700,000,000,000,000 IOTA. This is due to the fact that the system will allow micropayments to be made without commission.

Monera

Monera is another cryptocurrency that appeared in 2014. Quite quickly it entered the ranking of the TOP 10 cryptographic currencies, and is on the 9th line. Monero is open source, which hackers decided to take advantage of in 2014. A group of attackers planned an attack, but they were unable to destroy this cryptocurrency. After this event, experts noted that the attackers had a fairly good understanding of the Monero and Merkle Trees code.

During the main coin production, 18.4 million XMR were minted. After this, the reward for forming a block is reduced to 0.6 so that miners keep the system running.

The emission of Monero is not limited. However, cryptocurrency mining occurs on x86 processors. Mining XMR on a GPU turns out to be less profitable than mining Bitcoin.

Now the Monero currency is widely used for payments in online casinos. In addition, it is often used in online games. It is interested in users who want to remain anonymous online.

Stratis

Stratis is ranked 10th in the ranking of the best cryptocurrencies. This currency appeared on August 9, 2016. Stratis is a fairly powerful and flexible platform developed on the basis of blockchain. It also claims to be the leader in the world of cryptocurrencies, and the developers say that they will be able to change the way users think about storing money in electronic wallets.

Stratis is the youngest cryptocurrency in our ranking.

The system is written in C#, which will allow you to implement a wide variety of applications. It is due to its mass appeal that the developers hope that Stratis will be one of the most popular cryptocurrencies in the future. To some extent, Stratis can be compared to Ethereum. Now these are the two main competitors in the market.

It is worth noting that depending on the behavior of traders in the market, the size of currency capitalization varies greatly. Therefore, places in the ranking may change within 1-2 months. Follow the charts on the exchanges to stay up to date with all changes.

How and in which cryptocurrency to invest?

After cryptocurrencies began to rapidly rise in price in 2017, they began to attract more and more attention from ordinary users, the media and investors. Those who invested in Bitcoin in 2010 were able to earn millions in just 7 years. Now many are tormented by the question, which cryptocurrency is the best to invest in? And there are several ways:

Money can be invested to purchase equipment for issuing cryptocurrency. If producing Bitcoin is no longer so profitable due to its high complexity (large farms in China do this), then you should pay attention to other currencies from our rating.


Ethereum has attracted a lot of attention this year. This cryptocurrency has greatly increased in price and hype has formed around it. Nowadays, novice miners are buying dozens of video cards. However, this will necessarily affect the complexity. Therefore, it is better to pay attention to another cryptocurrency. As an alternative, you can choose Ethereum Classic. By giving preference to a popular currency, you can easily find a mining pool.

  1. Trading.

You will need several thousand dollars to purchase equipment, but you can start trading with only a couple of hundred dollars. To do this, it is enough to find a broker or exchange that supports the pairs we need.

The rates of all cryptocurrencies fluctuate greatly, so even a small capital can be quickly increased. This is one of the easiest and most profitable ways to make money on cryptographic currency.

  1. Cranes.

There are sites on the Internet that offer to complete simple tasks, and in return they give you cryptocurrency. Basically, only the most popular crypto money is paid out as a reward, but the payment amount remains low.

Investor interest in alternative cryptocurrencies (altcoins) grew significantly in the first half of 2017, as did digital asset prices. This is usually associated with the Japanese government act on the legal regulation of cryptocurrencies, which actually legalized this market and greatly contributed to its development.

The simple accumulation of a certain critical mass by altcoins in terms of popularity and the number of people involved in the market also played a role. After the May rush, the total capitalization of alternative cryptocurrencies exceeded the capitalization of Bitcoin for the first time.

As of September, the capitalization of Bitcoin was about $65 billion, and the total indicator of altcoins was about $70 billion. At the same time, the most popular of the alternative cryptocurrencies, Ethereum, accounted for approximately $30 billion.

Nowadays it is quite rare to meet people who know something about Bitcoin, but are not at all familiar with altcoins. However, few people understand how different cryptocurrencies differ, why they were created and what their advantages and disadvantages are. In this review, we will compare Bitcoin and the five most popular altcoins, presenting them in the form of a rating by approximate capitalization, which, however, is constantly changing.

Bitcoin (bitcoin)

    Year founded: 2009

    Symbol: BTC

    Capitalization: $65 billion

    Exchange rate growth over the year: 6.5 times

This is the first and so far the most popular cryptocurrency in the world. It gained its fame after its price increased 10,000 times from 2010 to 2013 - from 10 cents to $1,000. This was partly a bubble: by the end of 2014, BTC had fallen to $200. There was a running joke back then that after the crisis, only one currency suffered more than the ruble - Bitcoin. However, in 2017, Bitcoin surpassed its previous record and is now trading around $4,000.

Despite its leadership, BTC was and remains a trial balloon, a cryptographic experiment. Both technically and ideologically it is far from perfect.

Its transactions are slow, and the size of the blockchain with the history of operations has reached 100 gigabytes and continues to grow. The owner of a full-fledged Bitcoin wallet (node) must download this data from the Internet. If the wallet has been turned off for some time, then after restarting it you have to wait a lot of time until the information about new transactions is fully loaded.

To avoid these difficulties, more and more users prefer to store bitcoins not in a wallet node, but on special servers (client-server system) or directly on cryptocurrency exchanges. Thus, the idea that each network user would be able to keep the entire transaction history turned out to be utopian.

Another often criticized feature of Bitcoin is its POW (proof of work) issuance. Some network users (so-called miners) provide their computing power to ensure its operation. For this they receive a reward and the right to vote in collective decisions.

The more miners, the more reliably the network is protected from attacks, but the electricity consumption in this case is quite high, and the efficiency of payments does not change. Thus, for security reasons alone, the network consumes much more electricity than is needed for transactions.

Another controversial aspect of Bitcoin is the public availability of transaction data. Of course, they do not indicate the names of counterparties and the purpose of payments, but if there is a strong desire, the commercial secrets of users can be disclosed. This is what was shown, for example, by an independent investigation into thefts from the first Bitcoin exchange Mtgox, published by the Wizsec team.

Despite its shortcomings, Bitcoin remains the number one cryptocurrency today, “digital gold.” The main reasons for this are its worldwide fame, reputation as a long-term growing asset and rich experience in practical use. Bitcoin is accepted and converted on many online services, and the software for it is well-developed. This cannot yet be said about most altcoins.

Ethereum (ether)

    Year founded: 2014

    Symbol: ETH

    Capitalization: $28 billion

    Exchange rate growth over the year: 22 times

Ether was far from the first altcoin, but it was the one that managed to become the main competitor of Bitcoin. Already in September 2016, it was the first of the alternative cryptocurrencies to reach the billion-dollar capitalization level.

One of the main innovative properties of ETH, which attracted the attention of not only individuals, but also corporations, is its ability to be used both as a means of payment and as a means of registering transactions with other assets without traditional legal procedures. The authors themselves called ether “crypto fuel” for the execution of smart contracts.

Another difference between ETH and Bitcoin is the prospect of switching to a qualitatively different energy-efficient method of emission - POS (proof of stake). The network will consume only the energy needed to support transactions, and the weight of votes and rewards will be determined not by computing power, but by the amount of funds of network participants. In some ways, it will be like a bank deposit with interest: the more money you have, the more income you get.

The popularity of Ether as a digital asset continues to grow. Services that work with ETH along with BTC are gradually appearing on the market. At the same time, the technical capabilities of ETH are objectively higher than those of BTC, which makes ether an attractive investment.

Bitcoin Cash (bitcoin cash)

    Year founded: 2017

    Symbol: BCH

    Approximate capitalization: $7.5 billion

    Exchange rate growth per month: 2.1 times

Bitcoin Cash arose from the recent split (hard fork) of BTC into two new currencies with minimal technical differences.

In 2017, during periods of stock market frenzy, many BTC users were faced with the problem of a significant slowdown in transactions. Sometimes their passage took several days. This has called into question the future of BTC.

To correct this problem, it was decided to make changes to the cryptocurrency blockchain format. However, the opinions of network participants differed regarding the degree of radicality of these changes. The majority voted for the SegWit2x compromise model, which implies a change in the data structure of the blockchain, and in the future, a doubling of the size of its blocks.

But some participants considered this only a temporary “crutch” and spoke in favor of an eightfold increase in blocks while completely preserving the rest of the data structure. What is today called Bitcoin (BTC) is a compromise of 2x, and Bitcoin Cash (BCH) is 8x.

BCH in the future faces the threat of very rapid growth in the size of the blockchain, which is already large. So far, Bitcoin Cash is much less popular than the compromise new BTC. Its exchange rate is also growing less confidently. At the same time, it cannot be ruled out that BTC will soon again encounter speed problems, while BCH is much more reliably protected from them.

In the future, it, and not Bitcoin, may turn out to be more convenient and popular as a means of payment. But so far, the velocity (ratio of transaction volume to money supply) of BCH is an order of magnitude lower than that of classic Bitcoin.

Ripple

    Year founded: 2012

    Symbol: XRP

    Capitalization: $7 billion

    Exchange rate growth over the year: 23 times

This is one of the "old" cryptosystems, but like ETH, it claims to be more than just a currency. This is a whole settlement system that can even be used to conduct transactions in national currencies.

Actually, Ripple itself is only a part of this system (in a sense, its shares). In terms of price, security and a number of other aspects, Ripple turned out to be more suitable for banks than classic cryptocurrencies such as BTC. Already today it is used for experiments by such financial giants as UniCredit, UBS, Santander, etc.

The ideological content of this system differs significantly from the ideology of Bitcoin. While Bitcoin is perceived by many as an anarchic challenge to states and their payment systems, Ripple, on the contrary, seeks to build bridges between the old economy and new technologies.

For this reason, XRP occupies a special market niche and is not a direct competitor to Bitcoin and most other cryptocurrencies. And although after China’s recent initiatives against digital assets and ICOs, this currency sank along with other altcoins, the support of large Western banks creates a good cushion for Ripple - unlike many other cryptocurrencies, the rate of which is based more on speculative expectations.

Litecoin (lightcoin)

    Year founded: 2011

    Symbol: LTC

    Approximate capitalization: $3 billion

    Exchange rate growth per year: 16 times

This is one of the oldest altcoins - it appeared at a time when only a few knew about Bitcoin. Like Bitcoin Cash, this currency was created as a “clone” (fork) of BTC, with the same main goal - to increase the speed of payments. Old BTC (pre-2017), new BTC, BCH and LTC differ mainly in the way data is recorded on the blockchain.

LTC uses roughly the same SegWit system as the new BTC, while BCH and old BTC run on the classic Bitcoin blockchain, with different block sizes.

The higher transaction speed brought LTC to the attention of investors, and for a while the currency seemed to be a serious challenge to Bitcoin. In the second half of 2013, the LTC rate increased from $1-2 to $50. But this dynamic turned out to be a bubble: in 2014, the cryptocurrency rate rolled back almost to its previous positions and remained there for a long time.

It was not until June 2017 that LTC was able to break its 2013 price record.

Against the backdrop of recently emerging innovative cryptocurrencies, LTC cannot boast of fundamental technical advantages. He was among the pioneers of the successful modification of BTC, but today his popularity, like the popularity of Bitcoin, rests mainly on wide popularity and experience of many years of stable operation. Like other well-known digital assets, it is often included in multi-currency portfolios.

The future of crypto assets

As we see, cryptocurrency developers do not waste time and offer new solutions to old problems. Technologies that seemed breakthrough in 2013 (for example, accelerating transactions in LTC), in 2017 were already applied to many crypto-assets.

In this light, not only Bitcoin, but also other modern cryptocurrencies seem to be “trial balloons”, which are destined over time to take pride of place in museums, losing their positions to more advanced analogues.

However, cryptocurrencies should not be compared with individual industrial designs, which sooner or later become obsolete. Rather, they are analogues of entire product lines of specific enterprises or design bureaus. As we saw with the example of Bitcoin and Ethereum, cryptocurrencies are refined and reformed as they are used.

And perhaps even in 70 years, humanity will still be using digital assets abbreviated BTC or ETH. Only they will have no more in common with modern analogs than new Intel processors with processors from the same company from 1980.

The question of the survival of specific cryptocurrencies depends not only on the optimality of their modern protocols, but also on the ingenuity of the authors, their willingness to respond to the challenges of the time by developing brands. The economic situation in the world, which is very changeable, also plays a big role.

At the beginning of 2014, the British newspaper The Guardian called Bitcoin the worst investment of the year, but already in 2016, after another devaluation of the yuan, Brexit and the US elections, cryptoeconomists recognized it as one of the best means of storing capital and making a profit.

Today, no one knows for sure whether in the future Bitcoin will be supplanted by new “forks” or whether it will retain its authority and position. But already now, professional investors are seeking to diversify their portfolio and are paying attention to the other half of the cryptocurrency market, which is occupied by altcoins.

These digital assets are suitable for both speculative transactions and investments for the medium term. Thus, the XAI altcoin index, which reflects the dynamics of 30% of the cryptocurrency market, increased more than 40 times from the beginning of 2017 to mid-August.

In the future, as the technological infrastructure of alternative cryptocurrencies develops and their legal status in different countries becomes clearer, investments in them will become more and more reliable.

The rapid growth of Bitcoin's popularity has led to the emergence of its clones. What new cryptocurrencies are worth paying attention to in 2017?

Anonymity and decentralization are the hallmarks of distributed databases, the technology that lies at the origins of the creation of a new generation of electronic money. In addition, the open source code of Bitcoin contributes to the emergence of analogues that operate on the same principle. Depending on the demand for cryptocurrency and the difficulty of mining new coins, different rates are set for all forks. One can only predict how the new cryptocurrencies of 2017 will behave in the future. However, clear leaders are already being identified. Not all of the forks listed below have a fiat equivalent, but this does not diminish their growth prospects. However, they managed to show their good side. This is evidenced by the favorable attitude of traders.

The most promising cryptocurrencies in 2017

Based on statistical data, we can identify several promising cryptocurrencies in 2017, leading in terms of liquidity, volatility and other parameters. The most popular and reliable altcoins, according to users:

  • (LTC)
  • (ETH)
  • (XMR)
  • Primecoin(XPM)
  • Feathercoin(FTC)
  • Pascal coin (PASC)

What are the promising and new cryptocurrencies in 2017? (video)

In addition, although they are based on , each of the forks has its own unique advantages.

Litecoin

Litecoin can be called one of the largest alternatives to Bitcoin. It is interesting to note that it differs from its progenitor in the use of Segwit technology. As a result, with its help it was possible to solve the problem of limiting the number of network transactions per second. At the beginning of the year, Litecoin took sixth place in terms of capitalization, and also has the prerequisites for a constant increase in value on exchanges.

Ethereum

Transactions in the Ethereum system are supported by special software. In addition, the smart contract prevents violation of the terms of the transaction. In addition, Ethereum users note the ease of use of the cryptocurrency. Stable operating speed is possible due to the forced limitation of the number of executed commands during a transaction. As a result, this limitation prevents DDoS attacks. In addition, leading leaders in the financial industry, such as Sberbank, drew attention to the technologies used in the sale of this currency.

Monero

A new approach to implementing cryptocurrency uses Monero. Since it has no limit on the maximum emission and this guarantees the maintenance of the currency by miners even after the completion of the initial emission of 18.4 million coins. Among the disadvantages is the lack of absolute anonymity when making transactions. The Monero rate, so far, lags significantly behind the leading representatives of the field. But despite this, the popularity of the network continues to grow steadily. An undoubted advantage is good performance in mining coins.

Primecoin

Launched, like the previous currency from the list, without preliminary generation of blocks. It is an almost complete copy of Bitcoin with two significant differences:

  • The primecoin algorithm is aimed at maximizing the utility of the calculations performed.
  • As a result, the lifespan of iron increases.
    Emission is unlimited.

At the moment, the currency has a low value and there are no services for traditional money. The cryptocurrency market is just beginning to gain momentum and the situation should improve in the near future.

Feathercoin

It is based on the Litecoin algorithm and so far only supports exchange for other cryptocurrencies. By introducing a store for purchasing real goods on the official website of Fizercoin, the developers significantly increased the popularity of the unit of account. From a certain point, Feathercoin received its own fork using the NeoScrypt algorithm. This change found a positive response in the mining community, as it made it valid to use video cards for mining coins.

Pascal coin

Pascal is a cryptocurrency that does not use a blockchain. The cryptocurrency market is for beginners and people who do not consider themselves geeks. The lack of mining pools is compensated by the stable exchange rate and upward trend in the value of Pascal coin.

Ways to earn cryptocurrency

The newest promising cryptocurrencies in 2017 can be purchased on or mined personally using the computing power of your PC. You can find out which cryptocurrency will increase in price by analyzing statistical data. A list of all cryptocurrencies in 2017 can be found on the Internet. In addition, you can find out what cryptocurrencies are on the market of a particular exchange. It is constantly changing as new types of money appear. In total, there are more than a thousand types of electronic payment instruments. Not all of them remained afloat.

Experienced cryptocurrency users advise keeping their savings in fiat currency. If possible, savings should be divided into parts and stored in different forks. As a result, you will be able to avoid losses due to a sharp drop in the rate of one of them.

For those who do not want to invest in purchasing the coins themselves, there are alternative ways to obtain them. The first also requires cash injections from the user. In this case, the purchase of equipment usually pays off.

Another method of receiving is where a reward in the form of cryptocurrency is awarded for viewing advertisements posted on the site by the creator of the faucet. This type of income is characterized by low profitability and time costs incommensurate with the remuneration. However, things are much better if you are on the other side - you yourself are the owner of the crane. In this case, you receive money for advertising and thereby passive income.

Hello, dear reader! The market for forks, altcoins, and tokens is especially relevant today, flooded with all sorts of altcoins of various specifics. Most of them are short-term “bubble” - garbage that prevents inexperienced users from identifying a number of forks that are worthy of attention. The other day, out of curiosity, I was looking for information on the wise choice of cryptocoins for trading and mining, but I didn’t find anything comprehensive and specific. That's why I decided to write and posted this post about best cryptocurrencies 2018 of the year.

I have been involved in the cryptocurrency business for more than 3 years and have gained my own experience, both in trading on exchanges and in mining. At first I was wrong and did not bet on real altcoins, but on garbage, and now I can inform you about the profitability, rating and earnings on altcoins. I advise you to read the information to the end and not repeat my mistakes in the future.

List of cryptocurrencies for 2018

The correct approach when choosing good, relatively reliable forks would be to rely on factual data on the most important indicators. That's why list of cryptocurrencies 2018 for investment and trading, I compiled it based on statistical data on: capitalization, liquidity, popularization, cost, volatility, development prospects.

1. Market capitalization- this is the total quantity of an asset released to the market, multiplied by the current market (exchange) price. This financial indicator is used to assess the total value of market instruments, entities and markets. The greater the capitalization of an altcoin, the less likely it is to “extinct” and leave the crypto market.
2. Liquidity is an economic term that refers to the ability of assets to be quickly sold at a price close to the market price. Those. the presence of a high level of supply and demand for any asset. Liquidity is very important for traders and money changers. With high liquidity and volatility, you can make good money on the exchange. The higher it is, the more stable the crypto coin.
3. Popularization is the process of disseminating financial information. tools in a modern form accessible to a wide range of people. There are no specific values ​​for this data. A conclusion about popularity can be made based on the sum of capitalization and liquidity indicators.
4. Altcoin cost expressed in fiat money (dollar, euro, ruble, yuan), bitcoin and other forks. The more expensive an asset is, the greater its value for the end consumer, the less likely it is to depreciate, especially in the short term. Most crypto coins have indirect value. Those. are not expressed in the value of fiat money, but in relation to other cryptocoins. For example, execoin cost 0.0004 bitcoin, which results in the EXE/BTC currency pair, which is traded on exchanges. And btc has a value in fiat.
5. Volatility is a statistical financial indicator that characterizes price variability over time. It is the most important in financial risk management, where it represents the degree of risk of using financial resources. instrument for a certain period of time. High volatility means greater earning potential, but also greater risk.
6. Development perspective- a valuable factor that promises either the further prosperity of a crypto product or its extinction. Most forks have no prospects for development; they are created only for the purpose of making money for their founders. As a rule, at first they arouse some interest among consumers, increase in price, appear on stock exchanges, but over time they completely depreciate in value.

Cryptocurrency rating 2018

Data on the capitalization of the best cryptocurrencies:

This is only the first 10 of the list of cryptocurrencies for 2018. Here we see the total market capitalization in dollars (as well as for 24 hours), current value (price) and volatility in % (change). An online resource where you can view the ranking of the best cryptocurrencies in detail: coinmarketcap.com

The best cryptocurrencies for investment and trading

Every trader has their preferred financial instruments and I am no exception. Lately I've been trading in fiat-denominated coins. Among them, for the summer of 2018 I prefer: LTC, XMR, XRP, ZEC, EOS, BNB, IOTA, BCH, BTG, ADA paired with USD, BTC.

Conclusion: we select the best cryptocurrencies of 2018 based on the statistics described above. Also remember that they are changeable, check them periodically. If any indicators have changed dramatically and significantly for the worse within a few days, you should temporarily stop working with the weakened fork.

That's all, if I missed something or didn't explain it enough, please write it in the comments. I express my readiness for a constructive dialogue in case of disagreement with the material presented.