What is cryptocurrency?

[ahmedo24]

Crypto currency being a digital and decentralized Currency with high volatility properties. It is current trend of online Investment at the moment as more people are making money from it every minute

 

[eenya00]

Crypto currency for me is the future of money, being a decentralized platform that is void of government interference meaning, it can't be confiscated, impound or a sanction from government policy or agency can not in any way place a band on your account for whatsoever reason.

 

[Trojan8]

Cryptocurrency is a digital coin that allows for seamless transactions between holders. It lies on the premises that people should not be charged to carry out transactions. The fact that it is decentralized also make sure that nobody is in charge of the price. As this is determined by the forces of demand and supply of the coin.

 

[Tariq Shehzad]

There are many people in the world that are not familiar with cryptocurrencies and cryptocurrency is a digital or virtual currency that is secured by cryptography and biometrically that is linked with the Gmail accounts.

 

[Mujahid12]

A cryptocurrency is a digital or virtual currency that is secured by cryptography,which makes it imposible to counterfeit or double-spend.Many cryptocurrences are decenterlized naturally issued on blockchain technology-a distributed on ledger enforced by a disparate network of computers,A defination feature of cryptocurrences is that they are normly not issued by any central authority,rendering then theoretically immune to goverment interferance or manipulation.

You have done very good and tremendous analysis. I am very impressed with this article on cryptocurrency and get some more knowledge about cryptocurrency which is fantastic .

 

[GIFTMICHAEL]

Cryptocurrency is a digital currency exchange that is use for online payment. It is a decentralized currency exchange that is volatile for online investment.
Cryptocurrency has a lot of coins that compete online favourably against the other.

 

[Axad. Mrb]

A cryptocurrency is a digital or virtual currency that is secured by cryptography,which makes it imposible to counterfeit or double-spend.Many cryptocurrences are decenterlized naturally issued on blockchain technology-a distributed on ledger enforced by a disparate network of computers,A defination feature of cryptocurrences is that they are normly not issued by any central authority,rendering then theoretically immune to goverment interferance or manipulation.

Cryptocurrency is decentralized digital money, based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 5,000 different cryptocurrencies in circulation, according to CoinLore.

You can use crypto to buy regular goods and services, although many people invest in cryptocurrencies as they would in other assets, like stocks or precious metals. While cryptocurrency is a novel and exciting asset class, purchasing it can be risky as you must take on a fair amount of research to fully understand how each system works.

 

[Zamaney]

cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers

 

[Nicklas22]

A cryptocurrency or crypto is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.

 

[Cybersec]

Yes true facts about Crypto Currency. It is now become highly used investment place, where a lot people invest daily and withdraw daily. In this some one can invest either long time or short time. Attraction of crypto is all about its changing price every second.

 

[Sotherefore]

If you are new to cryptocurrency then this is for you, a cryptocurrency is a digital currency, a digital currency is a currency that cannot be handled physically and it is stored in a wallet and you can only see the balance and you can use it to buy goods and services online, you can also convert it to your local currency.

 

[Shamila Asif]

cryptocurrencies let you buy goods and services,or trade them for profit. crypto is a digital currency that can be used to buy goods and services,but uses an online ledger with strong cryptography to secure online transactions.

 

[Lagazine]

Cryptocurrency is a digital currency which can be use to transact business online between two or more business partners. It always work with a blockchain which connect the sender's account to the receiver's account. The receiver will provide his hashtag which will serve as account info that the sender send through and it will be delivered to the receiver in a very short period of time.

 

[mubinadaddy]

Cryptocurrency is a digital currency in exchange with fiat which is paper money, the likes of cryptocurrency are like bitcoin, ethereum, litecoin, dodgecoin xrp coin etc. They are all the digital currency and you can get the blockchain and save it for future interest.

 

[Abelcairo43]

cryptocurrency is a digital type of currency by which a person can make transactions in seconds all over the world.
And in the future cryptocurrency will be implemented all over the world for easy, fast and reliable transections.

 

[Hafsa]

A crypto currency is a digital design. The work of cryptocuurency is to change coins that are stored in the form of computerized database from block chain technology.

 

[BrolySSJ]

A cryptocurrency is a digital or virtual currency that is secured by cryptography,which makes it imposible to counterfeit or double-spend.Many cryptocurrences are decenterlized naturally issued on blockchain technology-a distributed on ledger enforced by a disparate network of computers,A defination feature of cryptocurrences is that they are normly not issued by any central authority,rendering then theoretically immune to goverment interferance or manipulation.

This is a good explanation of cryptocurrencies especially for beginners that may be looking to get into the field as well. The one thing that personally drew me to cryptocurrency was the fact that you are able to earn it online and the fact that it is decentralized. Therefore, there is no single person that is going to have control over all the cryptocurrency coins and in this way you can be assured that it is not a Ponzi scheme.

 

[Ehizzy1]

I think crypto currency is just like a digital currency that can fluctuates both upward and downward and you earn some certain profit when you trade them , because they usually fluctuates, and some of the cryptocurrency i think is bitcoin , litecoin, ethereum and others , so this are some of the crypto currency i actually make use of and you can trade them

 

[singlej007]

Yes, wonderful and good definition about crypto. I was reading with smile because each time I see cryto trend, I love going through it. Crypto value or price is driven by demand, number of people holding the coin.. The only disadvantage of bitcoin which is the number of all the cryto is that the current transfer fee is high.

 

[Dowenship]

Yeah, but this is not a biology class...lol. Actually you already said it all about crypto currency in which it cannot be manipulated and the likes that's why its acceptable even without the consent if the government. Its acceptable for everybody who are interested in it