The war of virtual currencies is escalating

in cryptocurrency •  7 years ago 
  • Despite its novelty, the virtual currency market is experiencing strong competition, with investors and traders likely to be one of its main victims. If the currency of Kuwait is experiencing a high interest rate by investors, it has been paying its highest price since its inception, The highest value of digital or virtual currency, where the new competitive currency is expected to be surpassed by the end of 2018, according to the Polish currency hedge fund.

The fund's chief executive, Olaf Karlsson, told Bloomberg: "What Ethereum offered was richer, and its ecosystem was developing very rapidly, which pushed its price to grow much faster than PeteCwin.

The name "Athrium" may raise a state of apprehension and concern after pirates stole millions of dollars of digital currency last year, but the interest of a number of sectors such as finance and health care is increasing because its Block Qin system is much better than its counterpart "He said.

According to experts, Petchem dominated almost half of the virtual currency market, down from 90% three months ago. At the same time, Ethereum's share has quadrupled to represent about 25% of the market.

What is the ethrium coin?

The etherium is a digital coin, issued in August 2015. At first, the value of ethrium was about $ 2.8, and since then has seen steady growth, with a market value of about $ 1 billion.

The launch of the Pitcairn in 2008 led to the creation of a new model of currencies, called encrypted or encrypted currencies, which have only a digital presence. Ethrium is the latest currency and the second largest digitized currency. Just like Bitquin, ethrium is a decentralized currency and therefore is not much affected by changes in currency markets. Many warn against investing in these currencies because of their high risk and lack of control.

The difference between betquin and etherium

* Ethrium was not created to replace currencies but was used in its own electronic etherium platform, while Bitquin originated as an alternative image of payment images.

* Endothermic display: Although the display of bitquin is limited (as it is due to stop in 2140), the ethrium display has no limit, and the supply of currency is influenced by the currency makers themselves.

* Bitcoin transactions are slower: The process of Betquin takes about 10 minutes to complete, but the etherium process takes about 15 seconds.

The risks of etherium

Ethereal faces many risks, most notably the digital currency, which is not covered by any money, gold or foreign exchange reserves. Many governments try to prevent digital currency transactions because there is no physical entity.

Is etherium certified in central banks?

Has not received any coverage of its value of gold or foreign currencies, and have nothing to do with the central banks.

* How to get it?

Can not be obtained from banks, their only Internet, and their own electronic platforms.

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