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What is cryptocurrency?
About Cryptocurrency news .
More information on the site: http://diktyocene.com/index.php/Crypto .
Cryptocurrency is digital money. They vary from standard ones in 2 major methods.
Self-reliance. Cryptocurrencies are not linked to any kind of existing money, oil price, or any other properties.
Virtuality. Cryptocurrency exists just in the digital room, kept in an electronic pocketbook.
Cryptocurrency has no Central Bank-type regulator. The only issue of digital money is "mining" by customers who run applications. For using the resources ( computer system power) they are paid a specific quantity of virtual money. The more powerful the computer system, the more "mining" there is.
To exchange the cryptocurrency genuine money you can utilize the online solutions, exchangers such as Qiwi. ATM exchangers have lately started to operate in Moscow.
What cryptocurrencies exist?
There are hundreds of them. Yes, all of it started with bitcoin, which appeared in 2009. The boom in the appeal of electronic coins began three or four years later. And now there have to do with 300 type of cryptocurrencies traded on the biggest exchange.
Any individual advanced in technology, even a schoolboy, can write their own cryptocurrency. And this is not a allegory: tech-savvy schoolchildren actually produce their own cryptocurrencies. Cryptocurrencies are written in much the same manner in which programs are composed.
The "ready-made" electronic coin requires to be placed on an exchange for customers to buy it. And also ideally not simply one exchange, yet lots: just like it is more lucrative for a farmer to provide milk to ten shops as opposed to just one store. And the more people purchase your cryptocurrency - the greater its price will rise.
Why do you need cryptocurrency? What can I get with it?
Cryptocurrencies are gotten by people that wish to make great cash from their growth. For instance, in 2014 bitcoin was worth $100, and after that for a very long time was maintained a price no more than $200, and also currently it is worth greater than $4.7 thousand.
Sponsors call buying cryptocurrencies the riskiest, however additionally the most lucrative sort of financial investment.