Cryptocurrency becomes very popular at this time. At the current time, the leader of cryptocurrency market is BitCoin. The market capitalization of Bitcoin is €8.0 bln. Bitcoin has presented on the market for more than seven years. OneCoin is considered as the major competitor of Bitcoin. OneCoin has achieved the market capitalization from €0 to €2.5 bln during one year. At the present, the capitalization is near €6 bln. Do you want to know more about OneCoin vs bitcoin? You will get the answer by reading this article. I will share the comparison of these cryptocurrencies. There is a big possibility that OneCoin can beat Bitcoin during 2016. By beating Bitcoin, OneCoin will become the new leader in cryptocurrency market. It will be very great achievement. What is the fault of Bitcoin? What are the strengths of OneCoin? These are the explanations.
Before explaining the detailed comparison OneCoin vs bitcoin, you need to know that Bitcoin is the pioneer of cryptocurrency’s market. It developed the market from many trials and errors handling the role of newcomer. The role was rough so it can cause several mistakes. OneCoin creators analyzed the Bitcoin development around five years. They consider the problems and difficulties faced by Bitcoin. Their experiences helped to prohibit the possibility of mistakes and start the new base.
Bitcoin has done very important idea. It has made a new payment model. It has created a process that cannot be ended. The creators of OneCoin also have big ambition to make new payment system so everything can be legal, transparent, open, and predictable.
Regarding the coin price of OneCoin vs bitcoin, OneCoin has better outcome. The coin price at OneCoin can grow constantly. There is big possibility of its further growth for 2016-2017. The member can achieve great profits. The coin price at Bitcoin is fairly stable, so the member will get small profit.
In the term of pool of coins, Bitcoin has small pool of coins. Totally, it only mines 21 mln coins. OneCoin has huge pool of coins. Totally, OneCoin can mine 2.1 bln coins. It is 100 times more than the coins of Bitcoin. Concerning this case, OneCoin has very great potential to be the widest-spread and biggest player on cryptocurrency market. On 1 October 2016, OneCoin will start a new and more powerful blockchain so the coins generation limit will increase up to 120 bln or around 5700 times more than the coins of Bitcoin.
Concerning the protection coins of OneCoin vs bitcoin, OneCoin has better protection. The loss of coins at OneCoin is impossible: OneCoin circulation is organized in close system. There is none from the outside who can get in the way. The OneCoin system has support team that will help rapidly when there is problem with transaction. On the other hand, there is possibility of loss of coins at Bitcoin. The Bitcoin system is entirely open. It is not controlled. If the user does not use protection tools, the coin can be easily stolen. Some of the coin losses are caused by the destruction of the hard drives. You can check this onecoin review by Josh Paiva