Forecast for the Top-Five Cryptocurrencies in 2018

Research Methods
Name
Subject
Date

Contents
RIPPLE (XRP).............................................................................................................................4
LITECOIN (LTC)........................................................................................................................4
DASH (DASH)............................................................................................................................5
BCH (BITCOIN CASH)..............................................................................................................6
The market cryptocurrency will continue growing when institutional capital is involved.........7
ICOs will professionalize when experienced investors get into the marketplace........................8
Conclusion.....................................................................................................................................11
Bibliography..................................................................................................................................11

Introduction
This introduction describes the most significant thing concerning
cryptocurrencies. Nowadays Buy Crypto (cryptocurrencies) have turn out to be a worldwide
phenomenon that most people knows about. Although, most people does not understand it and it
is still by some means geeky, banks, many companies, and governments knows about its
significance. cryptocurrencies are virtual or digital currency, which utilizes cryptography for
safety1. cryptocurrencies are hard to counterfeit due to this safety feature. Defining featureS of
cryptocurrencies, as well as perhaps its most appealing appeal, is the organic nature it has; all
central authorities, making it supposedly immune to management manipulation or interference,
does not concern it.
Bitcoin was the first cryptocurrency that captured the public attention. It was introduced
in the year 2009 by a group or an individual known as Satoshi Nakamoto as the pseudonym2. By
the year 2018, over 17M bitcoins were circulating in the market, having a total value of more
than $140B. Several competing cryptocurrencies have been produced as a result of Bitcoin’s
success. They include Litecoin, PPCoin, and Namecoin.
The paper is divided into two sectors, one it giving a projection for the first five
cryptocurrencies based on capitalizations on Christmas date of the year 2018. Even though the
other segment offer certain secondary views and forecasts from various think-tanks as well as
experts all over the word.
1 Bonneau, Joseph, Andrew Miller, Jeremy Clark, Arvind Narayanan, Joshua A. Kroll, and Edward W. Felten. "Sok:
Research perspectives and challenges for bitcoin and cryptocurrencies." In Security and Privacy (SP),
2 Chuen, David Lee Kuo, ed. Handbook of digital currency: Bitcoin, innovation, financial instruments, and big data.
Academic Press

Forecast For The Top-Five Cryptocurrencies In Terms Of Capitalisations On Christmas
Day Of 2018.
BITCOIN (BTC)
First, let us begin with the basics of bitcoin. The online currency, which most people will
know about, is not interfered with by the government and might be shared directly digitally. It
does not depend on one central financial authority. The fundamental skill is blockchain, which is
a monetary ledger sustained by computers network that might track the flow of financial assets
without the requirement of a central controller3. The price hiked within the 2nd half of the year
2017 as well as as such, made it rise towards the Twenty thousand U.S Dollar mark before the
end of the year. From that time, it has almost halved in terms of value as well as it might signify
that many individuals who invested during a month of December must have been seriously
burnt.
RIPPLE (XRP)
Ripple functions like a decentralized paying network. Nevertheless, unlike other digital
currencies, it functions largely to improve traditional monetary systems4. Their units of
cryptocurrencies are known as XRP - while its aim is to provide speed, security, and
transparency to traditional financial procedures. The XRP’s value is lower than that of a bitcoin,
but more XRP are available than the Bitcoin (100B vs 21M). Ripple, different from the rest of
cryptocurrencies does not require to be excavated - it can just be purchased from exchanges.
3Baur, Aaron W., Julian Bühler, Markus Bick, and Charlotte S. Bonorden. "Cryptocurrencies as a disruption?
empirical findings on user adoption and future potential of bitcoin and co." In Conference on e-Business, e-Services
and e-Society, pp. 63-80. Springer, Cham,
4 Morisse, Marcel. "Cryptocurrencies and bitcoin: Charting the research landscape.