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Author Topic: Development of currency  (Read 99 times)
lama132x (OP)
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June 24, 2018, 03:19:42 PM
 #1

Hello my friends
I have a simple question
How can I profit from my currency if I develop it?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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aleksej996
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June 24, 2018, 03:32:15 PM
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The fairest way to profit from a cryptocurrency you develop is the same way early adopters do.
By being one of the first to mine it.
lama132x (OP)
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June 24, 2018, 04:01:00 PM
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Another question
Does the bidding for trading need to be currencies that have been mined it ? Or does it matter?
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June 24, 2018, 04:17:02 PM
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Another question
Does the bidding for trading need to be currencies that have been mined it ? Or does it matter?

I don't understand what you said here.
Your crypto needs to have a value, if that is what you are asking, so that those mined coins are worth something.
lama132x (OP)
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June 24, 2018, 04:21:32 PM
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Another question
Does the bidding for trading need to be currencies that have been mined it ? Or does it matter?

I don't understand what you said here.
Your crypto needs to have a value, if that is what you are asking, so that those mined coins are worth something.




I mean when you put the currency in the trading platforms, should there be currencies before the offer ?
aleksej996
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June 24, 2018, 04:25:59 PM
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I mean when you put the currency in the trading platforms, should there be currencies before the offer ?

Sorry, I still don't understand what you are referring to.
Are you asking if currency should exist before it is being traded?
It depends, some people do ICOs and sell their coins before they exist, as a promise.
I don't consider this fair and I wouldn't suggest it.
lama132x (OP)
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June 24, 2018, 04:29:15 PM
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I mean when you put the currency in the trading platforms, should there be currencies before the offer ?

Sorry, I still don't understand what you are referring to.
Are you asking if currency should exist before it is being traded?
It depends, some people do ICOs and sell their coins before they exist, as a promise.
I don't consider this fair and I wouldn't suggest it.



thank you my friend
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