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02 Jul 2017

Bitcoin and Ethereum, Record Breaking First 6 Months of 2017

Bitcoin and Ethereum, Record Breaking First 6 Months of 2017Bitcoin and Ethereum — Two Crypto Giants have emerged – a performance Review of the first six months of 2017 The differences are:- Bitcoin is a store of value and payment system and the most valuable cryptocurrency Ethereum is a decentralized platform that runs smart contracts – A World Super Computer that would decentralize and democratize the existing client-server model Both have grown enormously in price and value in 2017 What events have contributed to the growth of Bitcoin and Ethereum in the past six months? BITCOIN The People’s Bank of China suspended Bitcoin Exchanges for almost 4 months New rules on foreign exchange management, money laundering and payment and settlement The price dipped but recovered very quickly after the suspension announcement The suspension high

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