NEW YORK -- November 27, 2013 - With growing popularity in the cryptocurrency market due to the rise of Bitcoins and Litecoins not just being mentioned in various reputable new outlets such as the New York Times and the Washington Post, but also being hailed by notable figures such as Sir Richard Branson, investors are wondering what the next big cryptocurrency will be.
Currently there are dozens on the market, and they are all rising quickly in price. Now that Bitcoins are valued almost as much as gold, and Litecoins have been identified as the 'silver' option, which currency selection will be the Bronze?
Many believe that Shekelcoins are growing in popularity at high levels and is destined for ultra-popularity, but it is Shekelcoins build that makes it attractive when compared to Litecoins; Shekelcoins are built on the same structure as Bitcoins and there will only be 21million of them in existance.
Currently all cryptocoins are able to be mined be highly computer-literate individuals, but the difficulty level rises by the minute in even receiving a fraction of a 'coin'. As the cryptocurrency market grows with many hedgefunds and governments investing, is this a bubble or a transitional period in worldwide currency?
Bitcoins are inflation-proof, as are Litecoins and Shekelcoins. Many believe the rise in their valuation based on the United States overprinting the dollar and investers are taking notice at the posibilities. Is this a bubble, or a glimpse of whats to come?
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