Crypto currency for starter by olusolaemmanuel

crypto · @olusolaemmanuel · Sep 20 '17

$2.93

Crypto currency for starter

A cryptocurrency (crypto currency ) is a digital asset design to work as a medium of exchange using cryptography to secure the transaction and control the creation of additional unit of the currency.

![DQmQWjWk7CWydFc6a4VkoZAbLguhZJNfCgqdghs2gGyNAyr_640x480.png](https://steemitimages.com/DQmNMUxUuwCxKUbYT86S76wzqe4SZPiaFbPYVC9Vo4k1jRn/DQmQWjWk7CWydFc6a4VkoZAbLguhZJNfCgqdghs2gGyNAyr_640x480.png)
Crypto coin arevdigital currency which can not be seen but do exist and they can be transfer from one user to another through a third party that helps in completing the transaction e.g blockchain,coinbase,xapo e.t.c

Crypto coin

Bitcoin

Became the first decentralized cryptocurrency in 2009. Since then,numerous cryptocurrency have been created. These are frequently called altcoins,as a blend of bitcoin alternative. Bitcoin which is still the leader in the world of crypto coin with leading value of 4008$ to one bitcoin as at one. We also have legit mining site where this bitcoin can mine. This i will discuss in my next post in details. Bitcoin was created by pseudonymous developer satoshi Nakamoto. Satoshi is the minimum unit of bitcoin like 0.01 is a satoshi not up to 1bitcoin.![U5dt3fqyK2GAT3hdySTN1UqYi6H9Pgy_640x480.jpg](https://steemitimages.com/DQmaaT7sEBqTnv15WEvexejouX5ZuncFzp5gV7Jf4DiX2n3/U5dt3fqyK2GAT3hdySTN1UqYi6H9Pgy_640x480.jpg)

Dogecoin

A charitable organization center around dogecoin and co-founder by dogecoin co-creator jackson palmer. Dogecoin is also another crypto currency with current value at 0.0009$ as at now.![U5dsKMPPV55v4njPVTXrccLJ6nRA1CS_640x480.png](https://steemitimages.com/DQmSZo9CjSzUmhFfCVbBNuTgz8gsp5m3ywV6SpHKR4Kfj6z/U5dsKMPPV55v4njPVTXrccLJ6nRA1CS_640x480.png)

Litecoin
Litecoin (LTC) is a peer to peer crytopcurrency and open source software released under the MT/X11 lincense.litecoin is value at 58$ for 1 litecoin.![U5dsZ5DqDxcSqiyQLVu42R9fPpnVjij_640x480.jpg](https://steemitimages.com/DQmaCiFBwGJX6Aw1CKzjumniRMUdwnUhjZkmXQkyPzkrNcd/U5dsZ5DqDxcSqiyQLVu42R9fPpnVjij_640x480.jpg)

We are in the world of cryptocurrency. But as much as you can in store and lay in wait for it increase in the future. We have over 1110 different crypto coin out there with many of it that is less than a dollar now .

Cryptocurrency we Have

1.Bitcoin

2.Dogecoin

3.litecoin

4.Dash

5.Ethereum

6.Ethereum classic

7.Bitcoin Cash

8.Steem

9. Steem dollar

10. Digibyte

11. Compcoin

12. Feathercoin etc just to mention but a few![DQmSU1hzsgYXpLoTgCd69jJHNJaNfZZj15c4dFDAwSLLxwM_1680x8400.png](https://steemitimages.com/DQmb4ngovQyVMvzvcAyhmNsDJ3gf5XJzku4zHSUTjQHchSj/DQmSU1hzsgYXpLoTgCd69jJHNJaNfZZj15c4dFDAwSLLxwM_1680x8400.png)

Next post is a contination of this post and the legit mining site.if you love this post do resteem and upvote![U5dsxSxTPVrFtLKdAuRpdbwWcZ1m4Sx_640x480.png](https://steemitimages.com/DQmXgc4BmGaeYUfj9iHVrbZ6uR3LHfco4wax7Egqbw4KL61/U5dsxSxTPVrFtLKdAuRpdbwWcZ1m4Sx_640x480.png)

👍 jackkang, bigsilver, the21plus, mahdiyari, redsfallin, joanstewart, olusolaemmanuel, blazin3596, ilvstranger, jubayer1, hodorhodor, hatemelpop

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@marzukie · Sep 20 '17 (edited)

Incredibly, this is what I'm looking for All this time, crypto and bitcoin are always talked about in every Market at a price that can make every market player tense,
I look forward to it @olusolaemmanuel
Thank so much for your share. 
#cof

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@olusolaemmanuel · Sep 21 '17

I will make sure i get you well enquip on this crypto currency so you can start something and we all make it big

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@marzukie · Sep 21 '17

Thank you if you want to help me, guide me and let me know, the ways and conditions that I should follow
Thank my frie

properties (22)

1 reply

@redsfallin · Sep 20 '17

Right on thanks, this was very helpful on getting a concept of what crypto is and how to use it!
#cof

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@olusolaemmanuel · Sep 21 '17

Am happy the post was able to help.i will keep on updating you people on the world of crypto currency

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@hodorhodor · Sep 20 '17

A great post. @olusolaemmanuel  followedd

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@olusolaemmanuel · Sep 21 '17

@ hodorhodor welcome to crypto currency world. Be you have to work on your reputation

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@ilvstranger · Sep 20 '17

Now i know what is this world about. After two month i learned a bit and know the starting points.

What i don't know is how much we will stay here, even we know that [HODL!](https://steemit.com/funny/@ilvstranger/hodl-what-that-term-means-for-trading-funny-story) is the best for now.

I am sure that i will be as much as i live from now on, if the governments does not interdict it everywhere and do bad things. Unfortunately as much we say we are here, we can't beat the system alone.

So let's hope many of us will be united and things will go on a good path.

Regarding mining... the only good solution is to mine yourself and not believing there are legit mining sites... Yes, there are few honest ones till now, but even that ones had some issues.

Now you see the fuss with genesis mining who have late many payments and not for the first time.

The mining is getting harder and harder and the websites get more trickier...
So, just be careful with that.

Cheers

#cof

👍 ilvstranger

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@olusolaemmanuel · Sep 21 '17

You are write @ilvstrange.but for starter buying minig pool can be too expensive. To build up their trusth and stand we just have to present and show them the light. So that they can start from somewhere

👍 ilvstranger

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@ilvstranger · Sep 22 '17

If you'll talk about mining home, then is interesting :-)

To not connecting to mining pools with $200-300 initial investment is nice. And also mining with computer not with S7 or S9 ASICS ;-))
First because of the big noise, second because of the power consumption... at least $100 / month.

#cof

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4 replies

@the21plus · Sep 21 '17

This is one of those post I have to resteem so that I can make sure I read back on it and take notes..thanks for sharing friend!

#COF

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@olusolaemmanuel · Sep 21 '17

@the21plus i will be posting the contination soon

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@olusolaemmanuel · Sep 21 '17

@the21plus i will be posting the contination soon

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@olusolaemmanuel · Sep 21 '17

@the21plus i will be posting the contination soon

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@joanstewart · Sep 21 '17

Good research and knowledge always takes you a lot further, thanks @olusolaemmanuel

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@olusolaemmanuel · Sep 21 '17

Yeah of a truth

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`net_rshares`	0
`last_payout`	2017-09-28 14:16:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	15
`author_reputation`	15,567,620,005,037
`root_title`	"Crypto currency for starter"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000