The Cryptocurrency market is going crazy. Bitcoin (BTC) has hit its highest price in years.Mr. Market paid $17,651.27 for a Bitcoin on 18 November 2020. That was the highest price since the Bitcoin bubble in 2018, CoinMarketCap estimates.Interestingly, Bitcoin\u2019s 18 November 2020 Market Capitalization of $327.382 billion is close to the 18 December 2018 Market Cap of $317.432 billion. Mr. Market paid $18,951.46 for a Bitcoin (BTC) on that day.I think these prices are insane because Bitcoin is clunky and old technology that could be obsolete. Stupidly, speculators are paying big money for Bitcoin and ignoring better cryptocurrencies that use the latest technology.For example, Mr. Market paid $2.59 for EOS (EOS), a crypto that could have a solution to the Blockchain Scalability Problem on 18 November 2020. Mr. Market gave EOS a $2.433 billion Market Capitalization on 18 November 2020.Similarly, Mr. Market paid $472.89 for Ethereum (ETH), which they base on the most widely used Blockchain technology. For instance, Bitrates claims that they created 100,000 new Ethereum accounts a day in 2017.Moreover, Ethereum is faster than the slow Bitcoin (BTC). In 2017, they could create a new Ethereum block every 14 seconds, Bitrate claims. In contrast, it took 10 minutes to create a Bitcoin block.Additionally, the Ethereum Request for Comment (ERC20) technology in Ethereum makes it easy to create new digital currencies or tokens. In fact, they create most cryptocurrencies with ERC20. Well-known ERC-20 cryptocurrencies include; Maker (MKR), the Basic Attention Token (BAT), Augur (REP), Tether (USDT), and OmiseGO (OMG).Investopedia estimates there were over 200,000 ERC-20 tokens on Ethereum\u2019s network in October 2019. You can convert those tokens into Ethereum and other ERC20 tokens, which makes Ethereum more flexible than Bitcoin. In contrast, it is difficult to convert Bitcoin into other cryptocurrencies or fiat currencies.This gives rise to the Great\u2026<\/p>","protected":false},"excerpt":{"rendered":"
The Cryptocurrency market is going crazy. Bitcoin (BTC) has hit its highest price in years.Mr. Market paid $17,651.27 for a Bitcoin on 18 November 2020. That [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2733"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=2733"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media\/2734"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=2733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=2733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=2733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}