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Can someone guide me through the process for buying bouts coin?
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I checked your website. How is block chain going to help uplift karate community
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This is all about storing a cryptocurrency, wallet concept can be daunting a bit for the uninitiated. Basically, there are wallet software (this can be desktop, online or mobile), hardware based wallets, and of course the paper wallets. Talking about the “best” wallet in the ecosystem will be different for each one of us, it depends on a particular needs.
Wallets don’t just store cryptocurrency directly. It is accurate to think wallet as storing private keys. The Public key cryptography allows cryptocurrency to function, and uses a specific algorithms in order to generate pairs of keys. Public key is the address to which anyone can send its cryptocurrency balance. The private key allows owners spend funds from the specified address. Without the private key, public address becomes bottomless pit that you can only see; money still be sent there, but lost without a private key.
The type of wallets simply represents various ways a certain can secure their secret private key. There are two main types of cryptocurrency wallet, the hot and cold, these refers to the level or internet connectivity of the wallet. Paper wallet and hardware wallets are not actively connected to internet and considered as cold storage. Hot wallet is internet connected wallet, easy to spend, but vulnerable to cyber-attacks. A cold storage protects you from cyber-crime, but still it will be the owner’s responsibility to secure their property.
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Why should I get involved in crypto currency?
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Is this altcoin viable for future?
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For beginners who are looking to update their knowledge of cryptocurrency
The biggest difference between crypto and stocks/fiat currency is that supply can’t be diluted in crypto like it can and does get diluted with the others from the supply getting increased. Example If there is only ever going to be 21 million bitcoins the supply goes down as they are lost by individuals and corporations. That results in fewer and fewer bitcoins for all the people that want to use it as it becomes more successful. Even with bitcoin going to the 8th decimal there is never going to be enough for everyone on earth to own a large amount of them. The only people with large amounts of most cryptocurrencies today and in the future will be people who adopt early and people who are already rich which is becoming more or less the same thing.
Equity:
So you want equity? I did too but the more money I get into crypto it seems the less relevant equity becomes. Equity is tied to the laws of a nations jurisdiction and your rights to it can be diluted and impacted arbitrarily without your consent rather that is equity in a company, a plot of land, a government-backed currency, or other types of investments / stores of wealth including gold which can be physically taken from you whereas if you secure your crypto properly then access it can die with you or be passed on based solely on your wishes. Crypto is true freedom from the will of anyone other than your own.
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what is the process of converting and tranfering altcoins in to my bank accont?  |
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Is it a centralized crypto currency?
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Is there any transaction fees?
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What does it cost to trade crypto currencies?
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How does bouts compare to other altcoins?
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The "bouts" coin with wide international support is going to sweep the market. visit www.bouts.pro. ICO on 11th March |
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