This ppt explains the reliability of crypto -currencies using the help of probability & statistics. We have also derived at conclusions based on results obtained from R programming.
2. Crypto Currencies
• Crypto currencies are digital currencies that
are solely based on a De-centralized network
& are powered by “Block chain” technology.
• The values of the crypto currencies keep
changing everyday just like a stock-market
exchange.
• People buy & sell crypto currencies just like
they do with shares business.
2
3. • For reference, we are going to compare the
two digital currencies namely,
Bitcoin & Ethereum
• We compare the “Opening” & “Closing” values
of these currency on a daily basis.
• Based on this, we will be able to know which
one is more reliable or consistent in value.
3
8. MODE OPEN CLOSE
BITCOIN 421.79 404.18
ETHEREUM 297.48 301.46
MEAN & MEDIAN OPEN CLOSE
BITCOIN 424.03 & 413.94 422.72 & 406.47
ETHEREUM 274.94 & 287.71 274.72 & 287.71
8
23. CONCLUSION
• Looking at histogram, the value of Bitcoin is
more than the value of Ethereum.
• So, based on only the “value”, Bitcoin is the
best option to invest.
• So, it will give more profit.
• Reliability wise, Ethereum is more reliable ;
which is evident from Standard Deviation.
23