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Author Topic: What is crypto?  (Read 546 times)
CoPil (OP)
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November 15, 2017, 01:17:28 PM
 #1

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?
rayymat
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November 15, 2017, 01:21:17 PM
 #2

crypto derived from encryption that means converting info into the form of binary digits 0101010101010 so cryptocurrency is digital currency
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November 15, 2017, 01:24:15 PM
 #3

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?

Short for Cryptocurrency.
Everything you need to know is here:
https://en.bitcoin.it/wiki/Main_Page

And next time start the thread in the Beginners and Help section.


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December 14, 2017, 05:03:06 AM
 #4

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?

Criptocurrency is digital or virtual money that uses cryptography for security. It uses through internet only. Better to refer below link for beginners.

<br>
https://bitcointalk.org/index.php?topic=1689727.0
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December 14, 2017, 05:12:28 AM
 #5

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?

Crypto is a virtual currency that is used as an alternative currency that is usually decentralized. ie there is no one party governing either the government or the Crypto maker itself.

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December 14, 2017, 05:19:54 AM
 #6

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?

Crypto is a virtual currency that is used as an alternative currency that is usually decentralized. ie there is no one party governing either the government or the Crypto maker itself.
crypto is a virtual? i though that cryopto is not a virutal also bitcoin but crypcurrency is a digital that needs internet so you can convert it into real money or real currency in your country before it called virtual currency beause in fiat ou can buy anything because this is our money for now.
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December 14, 2017, 05:25:01 AM
 #7

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.

https://www.cryptocoinsnews.com/cryptocurrency/
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December 25, 2017, 08:06:10 AM
 #8

The word CRYPTO is a shortened word for cryptocurrency, in the real-world we have FIAT currency, here in the web (online) we had the crypto currency, it is the result of the formulation of mathematical algorithm. I t really difficult to explain but the most easiest way to understand crypto is by saying it's a term for cryptocurrency, a kind of MONEY in the online world that can be converted into a real money or FIAT currency.

I use this provider to trade Cryptos : Bitcoin Revolution
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December 25, 2017, 08:08:34 AM
 #9

Crypto is a field which goes back to long period of time. The word crypto comes from the word cryptography which is the study of hiding some information with a key so that people of programme who have the key only can read the content. Crypto means hidden/secret and this word became famous when crypto currencies are introduced to the world.
Crypto currency is a form of currency which are encrypted or hashed with a code. As I believe this is a brand new usage of cryptography and it will help the word to come to flat currency so that it will be easier to do transactions than do it with native currencies.
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December 25, 2017, 08:21:36 AM
 #10

Based on my understanding also through the experience i have in btc.I began to understand a little about crypto.It's something like a money that can be used and process for transactions in a digital world.It's usually used as an representation of money online and it may also convert into a different currencies which is used all over the worlds.In short it's just a new and more complex system of trading and transactions

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google98
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December 25, 2017, 08:51:47 AM
 #11

Hello,

You can check this: https://en.wikipedia.org/wiki/Cryptocurrency

And also, I would recommend you before you start anything, to read a lot, really lot  Smiley

You can check also some things like these:

# What is a bitcoin?
# What is a blockchain?
# Storage, purchase and selling of Cryptocurrencies?
# What is Bitcoin mining

Here you are some interesting videos:

https://www.youtube.com/watch?v=Gc2en3nHxA4&feature=youtu.be
https://www.youtube.com/watch?time_continue=1&v=bBC-nXj3Ng4
https://www.youtube.com/watch?v=mrtSAgcpack
https://www.youtube.com/watch?v=cVxi2CQcXZo

Cheers

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December 25, 2017, 09:08:47 AM
 #12

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?
crypto is a cryptocurrency it is one of the digital currency it can be used in anywhere in the world. Cryptocurrency is rule the future world. If you want know complete complete explanation you should study the beginner section. This is very helpful your cryptocurrency knowledge. In many websites also clearly explained in the cryptocurrency. You should search in internet and many videos also available in YouTube.

 
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December 25, 2017, 09:22:49 AM
 #13

Crypto is digital currency , And also virtual , it is de centralized with the block chain technology . there is control on this currency as no governing authority, it is an alternative to fiat currency , now so many crypto currency we can see like bitcoin , ethereum , lite coin etc . It is great invention for bitcoin  by sathoshi Nakamoto.

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December 25, 2017, 09:52:05 AM
 #14

Crypto is short term for Crypto currency created to be a medium of exchanges like buy and sell that has a secured features. It is the sub currency used in digital world as this limit the virtual currency and can only enter if converted into any crypto, it is decentralized run by a powerful blockchain technology.
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December 25, 2017, 10:00:07 AM
 #15

You just need to invest in the crypto currency to just really feel what it is. At the moment, everyone can invest in crypto currency and start with any amount.
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December 25, 2017, 11:21:49 AM
 #16

A crypto is a currecy (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.
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December 25, 2017, 12:25:22 PM
 #17

What is Crypto? Digital currency. Cryptocurrency management by peer-to-peer technology networks, its implementation depends on cryptographic principles to validate transactions and the generation of the currency itself.

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December 25, 2017, 01:12:42 PM
 #18

CryptoCurrency is a kind of currency, which is completely different from our current currency. CryptoCurrency means Bangla meaning Crypto means "Gupta" and Currency means "Pudra" ie "Gupmudra".
This CryptoCurrency is called Digital Money again because it can not be captured, it does not have any shape, it has no shape, but using this currency through the internet, we are able to sell and sell all transactions just like conventional currency.
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December 25, 2017, 01:40:34 PM
 #19

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?

Crypto or cryptocurrency is a digital currency. There are many cryptocurrencies available on the web and bitcoin is one of those. You can browse the web to search more information about crypto and you can also find many information here. I have read a lot of threads about cryptocurrency. There is actually a lot of helpful topics here that will help you as a newbie to know more about the crypto world.
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December 25, 2017, 01:45:19 PM
 #20

So, I'm a newbie...I don't have much knowledge yet about basic terms in Bitcoining. I just encountered this word in a reply. What is crypto?

short word crypto is digitize things  cryptocurrency mean virtual money have value but only can see it using PC, phone,.....

famous cryptocurrency is bitcoin and famous community for bitcoin is this site
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