Cryptocurrency has exploded over the years. We've seen many Coins and Tech's come and go. Some Powerhouse to the Top 10 and stay there for good. Some come out of an inflated ICO and crash. Here I bring to you, the Steemit community. The Top 5 Crypto's to Buy in 2017!

#5. UBIQ

What is UBIQ?

Ubiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries.

#4. Siacoin

What is Siacoin?

Sia splits apart, encrypts, and distributes your files across a decentralized network. Since you hold the keys, you own your data. No outside company can access or control your files, unlike traditional cloud storage providers. Sia's decentralized cloud is on average 10x less expensive than current cloud storage providers. Storing 1TB on Sia costs about $2 per month, compared with $23 on Amazon S3.

Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers. Sia is completely open source. Over a dozen individuals have contributed to Sia's software, and there is an active community building innovative applications on top of the Sia API. Using the Sia blockchain, Sia creates a decentralized storage marketplace in which hosts compete for your business – this leads to the lowest possible prices. Renters pay using Siacoin, which can also be mined and traded.

#3. Waves

What is Waves?

The Waves platform is described as a Open Blockchain platform, one that takes the functionalities of Bitcoin and extends them further beyond the simple application of value transfer. The idea is not to create a replacement for Bitcoin, but rather a platform where Bitcoin, cryptos, fiat currencies, and all types of real-world commodities and assets can be issued, transferred and exchanged in a fully decentralized manner. The Waves platform also provides a crowdfunding solution through its lite client wallet.

Through its easy-to-use lite client and implementation of integrated fiat gateways, Waves provides entrant users with an introduction to the world of blockchain technology and cryptocurrencies. Users can deal with fiat currencies or familiar commodity-backed assets on the blockchain and later explore other investment opportunities like Bitcoin and others if they wish to. Users will also be able to invest in company stocks or assets through the Waves’ crowdfunding platform, which makes it easier for developers and companies to raise funds for their projects.

#2. Steemit

What is Steemit?

Steemit is a social network that looks and functions a lot like Reddit, but with one HUGE difference: Steemit pays both the content creators when their work gets upvoted, as well as the people who curate the best content on the site by upvoting others work.In some ways, Steemit is similar to other digital currencies. For example, Steemit currency units can be traded, bought, and sold on the open market just like all of the other digital currencies. With other cryptocurrencies like Bitcoin, the actual currency units that are created each day are distributed to the people who run a special bitcoin software program on their computers that perform a process called Bitcoin Mining. The amount of computing power you have dictates how much money you get.

Steemit allows for currency mining as well, but it’s not the primary way to earn money. Every day, new Steemit currency units that are created by the network and distributed to the people who engage with the site. The more you engage, the more you get. People who create content are rewarded for their content. People who upvote content are rewarded for helping to curate the best content available on the site. Commenters who add to the discussions are paid too.

#1. Ethereum

It is important to realize that Ethereum is complicated to define simply. This article is an attempt to summarize much of what Ethereum is. Many people describe Ethereum as Bitcoin 2.0. It is partly a cryptocurrency called Ether, and more accurately a large network capable of decentralizing applications. In order to understand Ethereum, it is helpful to understand Bitcoin first.

In Laymans terms; Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

It could quite possibly become Internet 3.0 and that's the reason it's get's my #1 spot! I see it's price skyrocketing in 2018.

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