$ 0.021 0.00%

GayCoin (GAY) Rank 149

Market Cap $120.7 M
Volume 24H 0 GAY
Open 24H $0.021
Low/High $0.021 - $0.021
Compare to

GayCoin is a X11 Proof of Work/Proof of Stake hybrid cryptocurrency created for the Lesbian, Gay, Bisexual, Trans and Queer community. It has a 10 billion coin supply and a 60 second block time.

Mkt.Cap $ 120.7 M Volume 24H 0.00000000 GAY
Market share 0.02% Total Supply 2.15 B GAY
Proof type PoW/PoS Open $ 0.02
Low $ 0.02 High $ 0.02
Date Price Volume

#gaycoin hashtag on Twitter


Some of the cryptography used in cryptocurrency today was originally developed for military applications. At one point, the government wanted to put controls on cryptography similar to the legal restrictions on weapons, but the right for civilians to use cryptography was secured on grounds of freedom of speech. Cryptocurrencies are systems that allow for the secure payments online which are denominated in terms of virtual "tokens," which are represented by ledger entries internal to the system. "Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions. The word “cryptocurrency” is derived from the encryption techniques which are used to secure the network.

Bitcoin Losses Are Tax Deductible. Here’s How It Works

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin. Pay in USD, RUB or trade crypto to crypto at this Russian-based cryptocurrency exchange with hundreds of coins listed. Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency. With options to buy bitcoin and popular altcoins through credit card, wire transfer and more, BitfFyer offers users the choice of paying with cryptocurrency or USD, EUR and JPY.

Will Dogecoin ever hit $1?

A cryptocurrency is a digital or virtual currency that uses cryptography for security. A defining feature of a cryptocurrency, and arguably its biggest allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

However, they also have been praised for their portability, divisibility, inflation resistance, and transparency. A cryptocurrency is a new form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities. Subway is another popular chain that has given bitcoin a limited try - though in this case, the decision was made not by the higher-ups of the corporation but by franchisees. As early as 2013, Subway sandwich shops were being found that readily accepted bitcoin as a currency, including in Altoona, Pa.

Various government agencies, departments, and courts have classified bitcoin differently. China Central Bank banned the handling of bitcoins by financial institutions in China in early 2014. Most cryptocurrency tokens are fungible and interchangeable.

10. Binance Coin (BNB)

Tether was one of the first and most popular of a group of so-called stablecoins, cryptocurrencies which aim to peg their market value to a currency or other external reference point so as to reduce volatility. Before we take a closer look at some of these alternatives to Bitcoin, let’s step back and briefly examine what we mean by terms like cryptocurrency and altcoin. Dogecoin (DOGE) is a blockchain-based peer-to-peer cryptocurrency which was created in December 2013, as a tongue-in-cheek riposte to Bitcoin, and the crypto world generally. Its branding featured a likeness of a Shiba Inu dog from a ‘Doge’ meme that was popular at the time. By January 2014, it had quickly and unexpectedly generated a large community following and had reached a market capitalization of $60 million.

GayCoin description

A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit because of this security feature. Double-spending is a potential flaw in cryptocurrency systems referring to the risk that a digital currency can be spent twice. As of Nov. 2019, there were over 18 million bitcoins in circulation with a total market value of around $146 billion. Cryptocurrencies face criticism for a number of reasons, including their use for illegal activities, exchange rate volatility, and vulnerabilities of the infrastructure underlying them.

GayCoin description

The trading volume over a 24 hour period is $62,322,763 and the market capitalization is $357,651,803. Over the last 30 days, the price of DOGE has stayed within the range of $0.0035 to $0.0024.

GayCoin description

Cryptocurrency networks display a lack of regulation that has been criticized as enabling criminals who seek to evade taxes and launder money. Atomic swaps are a mechanism where one cryptocurrency can be exchanged directly for another cryptocurrency, without the need for a trusted third party such as an exchange. Cryptocurrencies are used primarily outside existing banking and governmental institutions and are exchanged over the Internet. Blockchains are secure by design and are an example of a distributed computing system with high Byzantine fault tolerance. A blockchain account can provide functions other than making payments, for example in decentralized applications or smart contracts.

This is a payment platform that works to minimize liquidity costs for international transactions. Although Bitcoin is the most popular cryptocurrency, that doesn’t mean it comes without flaws. In fact, its relative, Bitcoin Cash, was created to help improve Bitcoin’s scalability, which affects transaction speed.

GayCoin description

4. Ripple (XRP)

What is the highest Dogecoin has been?

Cryptocurrencies aren't backed by a government. Cryptocurrencies are not insured by the government like U.S. bank deposits are. This means that cryptocurrency stored online does not have the same protections as money in a bank account.

GayCoin description

With one of the largest market caps of all cryptocurrencies in circulation, this cheap cryptocurrency still has a huge potential for growth. This lending cryptocurrency works on speeding the payment and lowering the costs of cross-border transactions. Serving a multi-trillion dollar a year market, it is among the ‘leading’ cheap cryptocurrency to invest in. XLM is currently the ninth largest coin in the crypto space in terms of market cap.

  • Bitcoin, for example, plunged from $260 to about $130 within a six-hour period on April 11, 2013.
  • This can make mining transactions easier to solve, and miners also won’t need as much equipment to solve them as they would with Bitcoin.
  • Further, this marketplace is blockless as all the transactions on the network can be made for free thereby resolving one of the biggest constraints of transaction fees in blockchain technology.

Do crypto prices drop on weekends?

The Future Of Cryptocurrency in 2019 and Beyond While Bitcoin attracted a growing following in subsequent years, it captured significant investor and media attention in April 2013 when it peaked at a record $266 per bitcoin after surging 10-fold in the preceding two months. The answer lies with Bitcoin.

SatoshiTango is an Argentina-based marketplace that allows you to easily buy, sell or trade Bitcoins. Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange. Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange.

The market has also developed to the point that you can give gift cards with bitcoin. Popular gift card sites like Gyft and eGifter now offers the option to create and pay for gift cards using bitcoins. This includes gift cards for notable retailers like Dunkin Donuts, Best Buy, Target and Home Depot. Among these whales, we know that Bitcoin’s founder, Satoshi Nakamoto is estimated to have nearly 1 million bitcoins in his digital wallet. And the Winklevoss twins own 1% of all bitcoin in circulation.

GayCoin description

Buy coins like Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with credit card. Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to Proof-of-Work and mining pools.

There are only 3.7 million bitcoins left to be mined, but it will take over 100 years to get create them. Because of the halving system, the vast majority of bitcoins have already been created. After 64 halvings, we’ll hit the 21 million BTC cap. At this point, no more bitcoins will be created. In other words, the supply of bitcoins will become increasingly limited.

GayCoin description

How do you spend Cryptocurrency?

Three People Who Were Supposedly Bitcoin Founder Satoshi Nakamoto. One of the most enduring mysteries of bitcoin is that of its founder, Satoshi Nakamoto. Little is known about him. He essentially disappeared after releasing the bitcoin whitepaper.

Bitcoin cash is a cryptocurrency created in August 2017, arising from a fork of Bitcoin. These characteristics make Bitcoin fundamentally different from a fiat currency, which is backed by the full faith and credit of its government. Fiat currency issuance is a highly centralized activity supervised by a nation’s central bank.

GayCoin description

Does Bitcoin have future?

Bitcoin (BTC) It's been about a decade since Bitcoin expanded currency into the digital space of the internet. Since that time, it's remained the most popular cryptocurrency in the world. With Bitcoin, users transfer money from one digital wallet to another digital wallet with ease.

Altcoin

BNB is used to facilitate transaction fees on the exchange and can also be used to pay for certain goods and services, including travel fees and more. Bitcoin SV (BSV), with "SV" in this case standing for "Satoshi Vision," is a hard fork of Bitcoin Cash. In this sense, BSV is a fork of a fork of the original Bitcoin network. A planned network upgrade for November of 2018 resulted in a protracted debate between mining and developing factions in the BCH community, leading to a hard fork and the creation of BSV. Developers of Bitcoin SV suggest that this cryptocurrency restores Bitcoin developer Satoshi Nakamoto's original protocol, while also allowing for new developments to increase stability and to allow for scalability.

Latest cryptocurrency news

They’re known as “whales” because they own enough bitcoin to make a splash on the market when they buy or sell. It’s estimated that up to 3.79 million bitcoins are gone forever (almost a quarter of those currently in circulation). That’s $23.9 billion worth based on today’s price.

GayCoin description

What is Ripple?

Market time converter A market's peak trading hours is typically 8 a.m. to 4 p.m. in its local time. These are the trading hours that usually drive the highest trade volume in each region.

What Happens When All Bitcoins Are Mined?

GayCoin description

"Mystery of the $2 Billion Bitcoin Whale That Fueled a Selloff". Archived from the original on 19 December 2018.