December 2017 Crypto Prices
The article looks at the prices of various cryptocurrencies in December 2017.
December 2017: The Year of Cryptocurrency
2017 has been the year of cryptocurrencies. Bitcoin, Ethereum, and other cryptocurrencies have seen a surge in value and popularity.
Bitcoin started the year at just under $1,000 and has since surged to over $19,000. Ethereum has seen similar growth, rising from just over $10 to over $1,400. Other cryptocurrencies have also seen significant increases in value, with some, like Litecoin, seeing a more than 1,000% increase in value.
There are a number of reasons for this increase in popularity and value for cryptocurrencies. Some believe that cryptocurrencies are a safer and more secure way to store and transfer money than traditional methods like banks. Others believe that cryptocurrencies will become the new global currency.
Whatever the reasons, 2017 has been the year of cryptocurrencies. So far, it looks like they will continue to be popular and see growth in the future.
December 2017: A Month in Review
In this month's review, we take a look back at some of the most significant events that took place during December 2017.
1. North Korea Launches a Second Missile Over Japan
On December 12, North Korea launched a second missile over Japan, which landed in the sea off the country's Hokkaido island. This came after Pyongyang had previously threatened to launch missiles at the US territory of Guam. The UN Security Council responded by unanimously adopting Resolution 2375, which calls for "a full and effective implementation of all relevant sanctions" against North Korea.
2. London Bridge Terror Attack
On Saturday, December 3, a van drove into pedestrians on London Bridge, then exited the vehicle and began stabbing people indiscriminately. Seven people were killed and dozens more were injured in what was the deadliest terrorist attack in the UK since 2005. The London Bridge attacker was later shot and killed by police.
3. US President Donald Trump Announces Jerusalem as the Capital of Israel
On December 6, US President Donald Trump announced that Jerusalem would be the capital of Israel, drawing international condemnation. The move was seen as highly controversial, with many arguing that it would spark further violence in the region. In a tweet following his announcement, Trump said that he had "ordered the State Department to begin preparations to move the United States Embassy from Tel Aviv to Jerusalem."
4. Hurricane Irma Hits Florida
On September 10, 2017, Hurricane Irma made landfall in Florida as a Category 5 storm. The hurricane caused extensive damage across the state, killing at least 37 people and injuring hundreds more. Irma is now considered the worst hurricane in US history, according to the National Hurricane Center.
December 2017: The Rise and Fall of Bitcoin
Bitcoin had a great year in 2017. It increased in value by more than 1,000% and became the world’s most popular cryptocurrency. But it also had a lot of volatility, and by the end of the year it had declined in value by about 50%. What caused this decline?
December 2017: The Future of Cryptocurrency
Cryptocurrency is here to stay. In this article, we explore the future of cryptocurrency and how it will impact our lives.
Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
Cryptocurrencies are often used for transactions without the need for a third party, such as a bank. This means that cryptocurrencies are not subject to inflation or manipulation by a central authority.
The future of cryptocurrency is bright. Not only are cryptocurrencies becoming more widely accepted, but their use is being expanded beyond just financial transactions. Cryptocurrencies are being used to purchase goods and services, and even to fund new projects.
Cryptocurrencies are still in their early stages, and there are many uncertainties about their future. However, the potential benefits of cryptocurrencies are tremendous, and their use is continuing to grow.
December 2017: Ethereum vs Bitcoin
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Bitcoin is a cryptocurrency and a payment system: it works by being recorded in a public dispersed ledger called a blockchain.
While Ethereum has the ability to run more complicated applications than Bitcoin, it is not currently used to purchase goods and services. Bitcoin is more commonly used for this purpose.
December 2017: The Battle for supremacy
The Battle for Supremacy begins as the two factions fight for control of the galaxy. Both factions are led by powerful leaders with vast armies at their disposal. The factions must use all of their resources to try and win the battle and become the dominant force in the galaxy.
December 2017: Litecoin on the rise
Litecoin has seen a rise in value in 2017, with prices reaching new all-time highs. The cryptocurrency is currently worth around $330 per coin, up from around $20 at the start of the year.
Litecoin is popular for its faster processing times compared to other cryptocurrencies, making it well-suited for use as a payment method. It has also been adopted by a number of major merchants, including Microsoft and Overstock, and is now the sixth most valuable cryptocurrency.
December 2017: Bitcoin's last stand?
Bitcoin has had a tumultuous year. Prices have tumbled by more than 50% from their all-time high of $19,783 in December 2017 to around $7,000 at the time of writing.
Many have blamed this fall on a number of factors, including regulatory uncertainty around the cryptocurrency, a crackdown by major financial institutions on trading in Bitcoin and other cryptocurrencies, and a general slowdown in the global economy.
But could it be the end for Bitcoin?
There are a number of reasons why Bitcoin could face an uncertain future. Firstly, regulatory uncertainty could lead to a backlash against the cryptocurrency and a clampdown by financial institutions. This could lead to a decline in demand and prices, as investors become wary of investing in a technology that is still uncertain about its future.
Secondly, the global economy may not be as strong as many people think. This could lead to a slowdown in Bitcoin and other cryptocurrencies, as people become less interested in investing in a technology that is seen as risky.
And finally, there is the question of whether or not Bitcoin can scale to become a mainstream currency. As Bitcoin is currently designed, it is not suitable for use as a regular currency. This means that it is likely that Bitcoin will remain a niche currency, with a limited user base. This could lead to a decline in demand and prices.
So, while it is still too early to say for certain that Bitcoin is finished, it does seem that its days may be numbered.
December 2017: The end of cryptocurrency?
There is a lot of speculation circulating around the idea that cryptocurrency might be coming to an end. Some people are predicting that the market will crash, and others are saying that cryptocurrencies are just a fad that will eventually disappear. There is no one answer to this question, and it is really up to individual investors to decide what they think about cryptocurrency.
