If you had bought even 25 bitcoins at the start of the year, you would have become a crorepati by now!
Following a spectacular rally this year, cryptocurrencies such as bitcoin have witnessed what some say is a 'healthy' correction.
Ether, bitcoins closest rival, has appreciated over 5,000 percent since the start of the year and was faring at levels of USD 404, while this report was being filed.
Like bitcoin, ether is a blockchain based asset (similar to a security, like a bond, issued in physical form) which acts as a fuel operating the distributed application platform Ethereum.
Sandeep Goenka, co-founder of Zebpay predicts bitcoin prices to be in the range of USD 2,500 to USD 3,500 by the end of 2017.
The price of ether -- the fuel that operates the distributed application platform Ethereum -- peaked at USD 83 and now is faring at levels of USD 80 on the CoinDesk price index.
Unocoin partners with Shapeshift to allow its users to convert blockchain based assets like Ethereum, Zcash into bitcoin.
Co-founder of Ethereum, Vitalik Buterin, tells us the secret behind the success and the rise of cryptocurrencies and explains its benefits and how it deals with security threats.