As it’s become increasingly clear that bitcoin is a bubble, many people are beginning to look to alternative assets.
One of the most popular options for investors looking for a safe haven in the financial crisis is the crypto-currency bitcoin.
As we all know, bitcoin has surged in value in the past few months, hitting a record high of $1,095 on Monday, making it the most valuable asset in the cryptocurrency market.
However, the bitcoin bubble is not yet over.
As more and more investors take to bitcoin, many are now turning to other assets to get their money out of the financial system.
What is the difference between bitcoin and ether?
Ether is a digital asset that is not linked to any government or central bank, but rather is traded in an open-market system.
In theory, Ether is like gold or platinum.
The price of Ether fluctuates and there is no fixed supply.
When Ether goes up, the value of the currency also increases.
In other words, Ether, like gold, can increase or decrease over time.
Ether is currently valued at $3,835.
As of writing this, Ether has climbed nearly 10,000% over the past year.
However this may change as more people begin to see value in Ether.
What are the main differences between bitcoin, ether and the other crypto-currencies?
In addition to the physical value of Ether, other cryptocurrencies like bitcoin and litecoin have also surged in price over the last year.
These cryptocurrencies are generally regarded as more volatile than bitcoin, and are more volatile due to their underlying technology.
The blockchain, or decentralized ledger, is the online database of transactions that underpin all cryptocurrencies.
Blockchain technology enables the blockchain to hold records of transactions.
For example, there are records of the transactions of every transaction that took place in a digital currency.
Blockchain records can be accessed on any computer, smartphone or tablet.
Bitcoin, ether, and litescoin are all powered by blockchain technology.
However other cryptocurrencies, such as litecoins, bitcoincash and ltc, are not.
Bitcoin is the world’s most popular cryptocurrency, with more than $11.4 trillion in value.
Ether has risen to over $1 billion and is currently trading at $0.01, or just over 1% of its total market value.
These coins are backed by a set of cryptographic proofs that are based on the Ethereum blockchain.
These cryptographic proofs are used to prove that a cryptocurrency is real, and therefore is not controlled by any government, company or central institution.
For more information on cryptocurrencies, visit: www.coinmarketcap.com