Unpredictable changes on the market of cryptocurrency – the complete destruction of all the forecasts for Bitсoin and a sharp rising of altcoins!

Since mid-December all cryptocurrencies are falling. Bitсoin lost 40% and barely comes to life, other cryptocurrencies have lost about 30 %. Except for one – Ripple! This cryptocurrency continues to grow, despite the fall of the market. Ripple is in the top three by market capitalization. In particular on December 29 capitalization of Ripple climbed to 76 billion dollars, sliding Ethereum with the second line, and at night, December 30 reached 77 billion dollars.

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Thus the capitalization of Bitсoin – 226,75 billion, Ethereum – 66,17 billion. Cryptocurrency Ripple ahead of Ethereum and became the second by market capitalization after Bitсoin. Company SBI Ripple Asia, which involves a blockchain-organization Ripple, on the eve announced the creation of the Association for the development of a platform for servicing Bank cards. Practically, this means the output of Ripple, as previously, the company specialized in interbank transfers. Now the blockchain will try to apply the issuers of Bank cards. Support for the initiative have already expressed such a large Asian companies as JCB, Sumitomo Mitsui Card and Credit Saison.

TODAY, DESPITE NOT SO OPTIMISTIC FORECASTS OF FINANCIAL MARKET EXPERTS, THE MOST POPULAR CRYPTOCURRENCY RECENTLY STARTED TO RISE SHARPLY. PRICE BITСOIN TODAY IS EQUAL TO 13531,17 USD!

2017 rightfully historically can be called the year that opened the world of cryptocurrency. After all, before it is more associated with unsavory online games or by means of paying for the service, the so-called darknet.

But for the past year, for money was paid great attention. As a result, the market capitalization of cryptocurrency, which in January 2017 was equal to 17.7 billion USD. But in December began to exceed 600 billion USD. Today in cryptocurrency market are more than 1300 coins, most of which for this year managed to rise by tens of percent. Stirred up all the crooks, and ordinary investors:)

For many, 2017 is the year of Bitсoin. And the reasons for this phenomenon has gathered a lot. It’s still a huge gap retains primacy in terms of capitalization. And also its share of the total market capitalization ranged from 40% -60%. The price of the cryptocurrency began the year below $1 USD tees, and managed to set a record after climbing above $20 tees USD, although suffered a decline. And yet Bitсoin managed to attract the attention of Wall Street.

As you can see, the closer to the end of the year, the more especially financial analysts procrastinate Bitсoin topic. Many refer to the fact that in a short time Bitсoin may face new competition from other cryptocurrencies. The whole point is that many, nowadays, have begun actively discuss the question of the real value of a cryptocurrency and what it is based in reality. Often the conclusion is that this value directly is the technology behind each cryptocurrency. For example, Ethereum offers a smart contract, which greatly simplify the monitoring of transactions, when the Ripple offers a technology of instant translation.

Therefore the exchange rate of the cryptocurrency will vary depending on the size of demand for a certain technology among the various users. Now it is very clear that Bitсoin entered the difficult competition with several alternative cryptocurrencies, the capitalization of which exceeds 5 billion USD.

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Ripple – the second cryptocurrency by market capitalization – Bitсoin course for today!
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