compucoin starters manual

CompuCoin Starters Manual

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©CompuCoin The Name you can Trust ~ 2 ~

TTaabbllee ooff CCoonntteennttss

Table of Contents ___________________________________________ 2

1. What is CompuCoin? _______________________________________ 3

2. How to get your own CPN ___________________________________ 8

3. How to start mining _______________________________________ 10

4. How can CPN have a real world value? ________________________ 15

5. What drives people to invest so much money into cryptocurrencies? _ 17

6. In Summary: What can I do with CPN? ________________________ 19

7. How to profit the most from my CPN? _________________________ 20

8. Do you offer support at CompuCoin? _________________________ 21

Conclusion ________________________________________________ 22


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11.. WWhhaatt iiss CCoommppuuCCooiinn??

CCoommppuuccooiinn ((CCPPNN)) iiss aa ccrryyppttooccuurrrreennccyy..

Even if you have never heard this word before, you may have heard about

Bitcoin.

CCoommppuuppuuccooiinn iiss aa BBiittccooiinn aalltteerrnnaattiivvee..

The advantages of using Compucoin over other cryptocurrencies are

many, but let’s first dive into some of the cryptocoin’s history and explain

some technical bits.

Don’t worry; I’m not going to give you a difficult nerd-like lecture that

makes your head turn. You don’t need to be a programmer or computer

expert to learn what cryptocurrency is about and how you too can use it

to your financial advantage. The aim of this beginner’s book is to get you

on the road to cryptocurrency success.

SSoo wwhhaatt iiss ccrryyppttooccuurrrreennccyy aanndd wwhhoo iinnvveenntteedd tthhiiss ggeemm??

Satoshi Nakomoto, a software developer, proposed the first electronic

payment system that was purely based on mathematical proof. It became

known as Bitcoin, the cryptocurrency.

The idea behind this was to produce and make available to everyone a

currency independent of any country or central authority. A currency that

could only be transferred electronically more or less instantly and with

very low transaction fees.

This is by far the thing that puzzles people who are new to this concept

the most:


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That it is possible to have a currency with a real value while it isn’t

printed like dollars or Euros.

That this currency isn’t controlled by anyone.

That it cannot be created outside the world of the internet.

That everyone with internet connection can produce it.

CCrryyppttooccuurrrreennccyy iiss pprroodduucceedd bbyy ppeeooppllee ll iikkee yyoouu aanndd mmee,, wwhhoo

aarree rruunnnniinngg ccoommppuutteerrss wwoorrllddwwiiddee aanndd wwhhoo aarree uussiinngg

ssppeecciiaall iizzeedd ssooffttwwaarree tthhaatt ssoollvveess mmaatthheemmaattiiccaall pprroobblleemmss..

A good trick to picture cryptocurrency as a global currency is to compare

this unique currency with the former US Gold Standard.

The Gold Standard was for a very long time a currency that was tied to

the USD.

As such the Gold Standard was able to set and to influence the value of

gold, but also the value of the US dollar.

This in turn influenced the value of other currencies around the world.

TThhee hhuuggee ddiiffffeerreennccee bbeettwweeeenn tthhiiss eexxaammppllee aanndd

ccrryyppttooccuurrrreennccyy ::

Cryptocurrency is directly tied to the internet.

It can only be acquired through the internet.

It can’t be controlled by any country of global financial institution.

Everyone can produce it.


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CCrryyppttooccuurrrreennccyy iiss iinn ffaacctt tthhee wwoorrlldd ’’ss ff iirrsstt rreeaall llyy ffrreeee mmaarrkkeett..

AA ddeecceennttrraall iizzeedd gglloobbaall ccuurrrreennccyy..

TThhee ddrreeaamm ooff ssoo mmaannyy ppeeooppllee aarroouunndd tthhee wwoorr lldd..

Just like you would do with money you put on the bank, cryptocurrency

can be exchanged for other currencies, goods or services.

SSoo hhooww tthhiiss mmyysstteerriioouuss ccuurrrreennccyy ddooeess ccoommeess iinnttoo

pprroodduuccttiioonn aanndd cciirrccuullaattiioonn??

CCrryyppttooccuurrrreennccyy iiss ccrreeaatteedd oouutt ooff tthhiinn--aaiirr tthhrroouugghh aann ooppeenn--

ssoouurrccee ccoommppuutteerr mmiinniinngg ssyysstteemm..

SSiimmiillaarr ttoo aa llootttteerryy aanndd yyiieellddiinngg aa ccoommmmooddiittyy ll iikkee wwhheenn yyoouu

wwoouulldd mmiinnee ffoorr ggoolldd..

Notice that I used the keywords “lottery” and “gold” to draw you a picture

of cryptocurrency mining.

Let’s clarify this a bit more:

LLootttteerryy

This refers to the fact that basically your computer is constantly trying to

decipher a 64-byte number before anyone else on the mining network

does. Each time your computer gets the 64-byte string correct before

anyone else, a new block is created and awarded to the miner or pool

(group of miners).


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But this isn’t a normal lottery.

This lottery is millions of times more difficult than a normal lottery.

That is the reason why miners spend a capital on new hardware for

mining. Because the faster your system can mine, the higher the

probability you will be rewarded.

TThhaatt iiss wwhhaatt wwee aatt CCoommppuuCCooiinn ddiidd:: WWee hhaavvee mmaaddee tthhee

iinnvveessttmmeennttss ffoorr yyoouu,, aanndd yyoouu ccaann jjooiinn tthhee ppooooll ooff mmiinneerrss,, ffoorr

ffrreeee..

GGoolldd

This refers to the fact that only a fixed amount of a certain crytocurrency

will ever be created.

Just the same as only X amount of gold will ever be discovered on Earth.

It’s hence no surprise that cryptocurrency by its nature and scarcity has a

very strong tendency to create the opposite effect of that which you are

used to when handling your country’s or any other traditional currency.

AA ccrryyppttooccuurrrreennccyy bbeeccoommeess wwoorrtthh mmoorree aass tt iimmee ggooeess oonn ((ff iinniittee

ssuuppppllyy))..

TTrraaddiitt iioonnaall ccuurrrreenncciieess lloossee mmoorree vvaalluuee aass tt iimmee ggooeess oonn

((iinnff iinniittee ssuuppppllyy;; cceennttrraall bbaannkkss ccaann pprriinntt mmoonneeyy aatt tthheeiirr

ddiissccrreettiioonn,, aanndd tthheeyy ddoo))..

Now that you know this, doesn’t it make more sense to you to invest in a

currency that is finite like CompuCoin, or would you rather take the risk

to invest in an infinite currency like the USD?


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If you think it through you sure come to the right conclusion:

That CompuCoin and not USD holds the future.

It’s even possible for you to mine free CompuCoins, or as they are listed

on the exchange sites: CPN.

Free cryptocurrency, with a real time value added to your CPN as soon as

you mined them.

BBuutt ooff ccoouurrssee tthhee mmoorree CCPPNN yyoouu hhaavvee tthhee mmoorree eexxcciitt iinngg ii tt iiss

ttoo uussee aanndd ttoo ttrraaddee iitt,, aanndd tthhee mmoorree ppeeooppllee wwhhoo uussee aanndd ttrraaddee

CCPPNN,, tthhee hhiigghheerr tthhee vvaalluuee ooff yyoouurr CCPPNN wwii ll ll rr iissee..


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22.. HHooww ttoo ggeett yyoouurr oowwnn CCPPNN

YYoouu ccaann ssttaarrtt mmiinniinngg CCPPNN aass ssoooonn aass yyoouu hhaavvee yyoouurr

CCoommppuuCCooiinn WWaall lleett iinnssttaall lleedd aanndd ccoonnnneecctteedd ttoo tthhee iinntteerrnneett..

A child could do it:

Get your free CompuCoin (CPN) wallet at compucoin.org

Download it at and execute the file.

Install it as suggested on the installation screens.

You are ready to go.

MMiinniinngg iiss ddoonnee ffoorr yyoouu,, oonn aauuttoo--ppii lloott..

YYoouu ddoonn ’’tt nneeeedd ttoo bbee aatt hhoommee oorr yyoouu ddoonn ’’tt nneeeedd ttoo llooookk aatt ii tt..

CCPPNN wwii ll ll bbee llooaaddeedd ttoo yyoouurr wwaall lleett eevveerryy tt iimmee yyoouurr wwaall lleett

ccoonnnneeccttss ttoo aa mmaattcchhiinngg sseett ooff aallggoorriitthhmmss

Sounds fantastic, doesn’t it?

Now you probably ask:

WWhhaatt ddooeess iitt ccoosstt mmee??

Here’s the Secret:

YYoouurr CCoommppuuCCooiinn WWaall lleett aanndd mmiinniinngg ffoorr CCPPNN ccoossttss yyoouu nnootthhiinngg

aatt aall ll ..


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Here’s another secret:

YYoouu ccaann bbuuyy CCPPNN nnooww..

WWee ggoott oouurr ccrryyppttooccuurrrreennccyy aallrreeaaddyy aacccceepptteedd bbyy aanndd ll iisstteedd oonn

tthhee bbiiggggeesstt ssppeecciiaall iizzeedd eexxcchhaannggee ssiitteess aanndd yyoouu wwii ll ll sseeee ii ttss

vvaalluuee iinnccrreeaassee sstteeaaddii llyy..

CCPPNN wwii ll ll yyiieelldd aa ggrreeaatt rreettuurrnn oonn aannyy iinnvveessttmmeenntt..


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33.. HHooww ttoo ssttaarrtt mmiinniinngg

SSttaarrtt uupp yyoouurr CCPPNN WWaalllleett..

First you need to make sure you can send and receive, so you need to

make sure you don’t lose your address.

Just like you have a personal postal address, this string of ciphers and

characters is you very personal CPN address. You can’t use or trade your

CPN without it.

Make a special folder on your computer, call it compucoin, CPN or

anything else and make sure you include it in your regular backups.

On your CompuCoin Wallet Panel, go to the tab Receive and export the

address you see there to store it in your special folder.


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It’s recommended you also keep it safe somewhere offline.

As soon as you have CPN in your wallet, do a regular backup of this

too.

NNooww yyoouu ccaann ssttaarrtt mmiinniinngg..

In the top bar of your panel you have Help. Hover over it and you see a

dropdown with on top Debug Window. Open the Debug Window and go to

Console.

You will see an address bar on the bottom. To start mining, just type

these 2 words:

setgenerate true

Press enter on your keyboard. The line setgenerate true will show up on

top.


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You are ready to mine CPN!

TThhee oonnllyy tthhiinngg yyoouurr wwaall lleett nneeeeddss ttoo mmiinnee CCPPNN ffoorr yyoouu,, iiss

iinntteerrnneett ccoonnnneecctt iioonn.. MMiinniinngg wwii ll ll ccoonnttiinnuuee ffoorr aass lloonngg aass yyoouu

ddoonn ’’tt sshhuutt ddoowwnn yyoouurr wwaall lleett oorr yyoouurr iinntteerrnneett ccoonnnneeccttiioonn..

HHooww ttoo rreessttaarrtt aafftteerr bbeeiinngg ddiissccoonnnneecctteedd

MMiinniinngg ssttooppss tthhee mmoommeenntt yyoouu ddiissccoonnnneecctt yyoouurr wwaall lleett ffrroomm tthhee

iinntteerrnneett,, hheennccee ii tt wwii ll ll ssttoopp wwhheenn yyoouu sshhuutt ddoowwnn yyoouurr wwaall lleett,,

yyoouurr iinntteerrnneett ccoonnnneecctt iioonn oorr yyoouurr ppcc..

To restart, first reconnect to the internet and start up your wallet.

On the bottom of your panel you will get a note :

Synchronizing with network...


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Depending the period of time the wallet has been disconnected, the

synchronisation process can take a few up to several minutes.

IIff tthhee ssyynncchhrroonniissiinngg ddooeessnn ’’tt ssttaarrtt uupp aauuttoommaattiiccaall llyy yyoouu ccaann ddoo

tthhiiss mmaannuuaall llyy bbyy ccll iicckkiinngg oonn tthhee oorraannggee aarrrroowwss oonn tthhee rriigghhtt

hhaanndd bboottttoomm ooff tthhee ppaanneell..

Once the synchronisation is done your panel will have a green tick and

little red dot on the right hand bottom to indicate that your wallet is

connected and ready to go.

Now open up Help again, got to Debug and open up Console. The only

thing you need to do now it to enter again the line

setgenerate true

give a hard return on your keyboard and there you go again, you are

mining CPN to your CPN Wallet!


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44.. HHooww ccaann CCPPNN hhaavvee aa rreeaall wwoorrlldd vvaalluuee??

As cryptocurrencies continue to be mined they begin to create more value

since more and more people begin to own them.

You can kind of think of them as collectable stamps or fine wine.

The longer you hold onto these items, the more value they tend to take on

as more and more people begin collecting them while their scarcity

increases.

The biggest hurdle to take when you want to turn this into a real currency

value is that you can’t take your stamp collection to the car dealership and

trade it for a car. Your collection doesn’t represent a universal means of

exchange like cryptocurrencies or a credit card. You have to go through

the painstaking process of finding a buyer in order to turn your stamp

collection into money.

WWiitthh ccrryyppttooccuurrrreennccyy tthhee pprroocceessss ooff ccoolllleeccttiinngg uupp ttoo

sseelllliinngg ggooeess vveerryy ddiiffffeerreenntt..

People worked hard for months, even years, to mine these things,

investing time, hardware and energy in the process.

TThhiiss iiss wwhheerree tthhee iinniitt iiaall vvaalluuee ooff tthhee ccuurrrreennccyy iiss bboorrnn,, ssiinnccee

ttiimmee aanndd mmoonneeyy wwaass uusseedd ttoo ccrreeaattee tthheemm..

Put yourself in the shoes of a miner: You invest time, money and

brainpower into mining these coins against thousands of other people

around the planet. You’re not just going to give them all away for free.

Everyone wants to get their money back from an investment, so people


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started exchanging their cryptocurrencies for different things including

currencies like the US dollar and the Euro. In return this allowed new

people outside of the mining ring to collect and exchange their

cryptocurrency, thus the currency began to grow which started to create a

networking effect.

Right now, while you are reading this manual, normal everyday people are

exchanging cash for cryptocurrencies. Because they see it as a great

investment opportunity that can’t be taken away from them by controlling

banks or governments.


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55.. WWhhaatt ddrr iivveess ppeeooppllee ttoo iinnvveesstt ssoo mmuucchh mmoonneeyy

iinnttoo ccrryyppttooccuurrrreenncciieess??

Because it’s like gold, or more accurately, the Gold of the Internet.

Since ancient times gold is a highly valued commodity and has been used

as a currency all over the world. The reason for this is not only its

scarcity. The other defining factor to give gold its worth and value is trust.

As long as people trust gold to have, to keep and to increase its value, it

will be valuable and sought after as investment.

YYoouu mmaayy nnooww aarrgguuee tthhaatt tthhee pprr iiccee ooff ggoolldd ggooeess uupp aanndd ddoowwnn

aass aall ll ccuurrrreenncciieess ddoo.. SSuurree ii tt ddooeess,, bbuutt tthhee kkeeyy ffaaccttoorr hheerree

aaggaaiinn iiss ttrruusstt..

If the price of gold goes down a bit, investors just wait to trade with it, or

they cease the opportunity and buy more of it.

Why? Because in the end, despite market fluctuations, gold is always a

secure investment. Because of its scarcity any temporary drop in value

will be corrected automatically.

EExxaaccttllyy tthhee ssaammee hhaappppeennss wwiitthh ccrryyppttooccuurrrreennccyy..

As long as people trust that this currency has value, people will continue

to invest in cryptocurrencies. The more since cryptocurrencies use open-

sourced software. This makes it impossible to put it under any central

control with corrupt bankers and politicians mingling in.


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Cryptocurrency, like CompuCoin, is all about really smart people working

for free to keep it running and to give other people the opportunity to get

their share.

Given all the problems we see in world economies, it’s no surprise that

people are rapidly beginning to lose faith in conventional legal tender like

the EUR and USD.

GGoovveerrnnmmeennttss hhaavvee ddeemmoonnssttrraatteedd tthhaatt tthheeyy ccaann sseeiizzee yyoouurr

bbaannkk--aacccceessssiibbllee aasssseettss iiff nneecceessssaarryy..

WWiitthh aa ccrryyppttooccuurrrreennccyy ll iikkee CCoommppuuCCooiinn tthhiiss iiss nnoott ppoossssiibbllee..

NNoobbooddyy hhaass aacccceessss ttoo yyoouurr ffuunnddss..

YYoouurr CCPPNN ccrryyppttooccuurrrreennccyy wwaall lleett iiss eesssseennttiiaall llyy yyoouurr oowwnn bbaannkk..

It’s in fact similar to the idea of people stuffing cash into their mattresses,

except that this is a lot more profitable and accessible.

AAnndd wwhhaatt iiss eevveenn mmoorree eexxcciitt iinngg:: YYoouu ccaann ppeerrssoonnaall llyy aadddd ttoo

tthhee vvaalluuee ooff yyoouurr oowwnn bbaannkk bbyy iinnvviitt iinngg ootthheerrss ttoo jjooiinn

CCoommppuuCCooiinn,, ttoo mmiinnee CCPPNN,, ttoo uussee,, ttoo bbuuyy aanndd ttoo ttrraaddee CCPPNN..

YYoouurr CCoommppuuCCooiinn WWaall lleett iiss yyoouurr pprr iivvaattee ggoolldd mmiinnee,, bbuutt iinnsstteeaadd

ooff hhaavviinngg ttoo kkeeeepp ii tt aa sseeccrreett iinn oorrddeerr ttoo ggeett tthhee mmoosstt pprrooff ii ttss

oouutt ooff iitt,, yyoouu eeaarrnn eevveenn mmoorree wwhheenn yyoouu iinnvviittee ootthheerrss ttoo jjooiinn

yyoouu..


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66.. IInn SSuummmmaarryy:: WWhhaatt ccaann II ddoo wwiitthh CCPPNN??

You can mine CPN 24/7 if you want.

You can buy more CPN.

The most exciting part of having a CPN wallet is the trading:

You can exchange CPN against any other cryptocoin at exchange

sites.

You can pay with cryptocoins at many online shopping points.

You can exchange all cryptocoins against dollars or Euros at

exchange sites.

HHooww mmuucchh CCPPNN ccaann II mmiinnee aanndd hhooww mmaannyy ccaann II bbuuyy??

You can mine unlimited CPN of those that are available on the internet

and you can buy as much as there are available on exchange sites.

The only thing you need to take in mind when you mine for free CPN, is

that mining is a random process. Each day will give different results and

results also vary during the day. One moment you will mine all at once

several coins. Another time you’ll mine a few. Some days you don’t mine

any. While it’s not an overnight process to build up your free CPN wallet, it

will happen for you just as it happens for everyone else who uses our

great system. You can be sure of it that you too will get your share of free

CPN available and you too will be able to start trading with your CPN

wallet.

IIff yyoouu wwaanntt ttoo ggoo ffaasstteerr,, nnooww iiss tthhee tt iimmee ttoo bbee aann eeaarrllyy

aaddoopptteerr!!

IInnvveesstt aa ll iitttt llee iinn bbuuyyiinngg CCPPNN aanndd wwaattcchh tthhee vvaalluuee ggooeess uupp bbyy

tthhee ddaayy.. EEaarrllyy bbiirrddss aallwwaayyss rruunn aawwaayy wwiitthh tthhee bbiiggggeesstt pprr iizzee!!


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77.. HHooww ttoo pprrooff ii tt tthhee mmoosstt ffrroomm mmyy CCPPNN??

As it goes with all currencies, exchange rates change depending the

markets.

Start mining with your wallet right now. Download it today.

As an early adopter of CompuCoin, you will also have the advantage of

being able to invest a little and earn a lot.

AAss CCPPNN iinnccrreeaasseess iinn vvaalluuee yyoouu wwiill ll aabbllee ttoo iinnccrreeaassee yyoouurr

pprrooff iittss ttoooo,, hheennccee tthhee bbeesstt tt iimmee ttoo bbuuyy aanndd bbuuii lldd uupp yyoouurr

wwaall lleett ffaasstt iiss rr iigghhtt nnooww..

You can put exchange offers on our CompuCoin forum and you find links

to exchange sites on our website, at CompuCoin.org


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88.. DDoo yyoouu ooffffeerr ssuuppppoorrtt aatt CCoommppuuCCooiinn??

Yes, we sure do. We want to help you any way we can with building up on

CompuCoin fortune.

You can post on our support forum.

You and chat with experienced miners and traders on our forum.

We have also a contact email address if you need a personal

conversation with our support staff.

Download your wallet:

http://compucoin.org/earnbuysell-compucoins/

Join our Forum:

http://forum.compucoins.com/index.php

Follow us on Facebook:

https://www.facebook.com/compucoin

Follow us on Twitter:

https://twitter.com/compucoin

Follow us on Google+:

https://plus.google.com/104881459270704938618/posts


http://forum.compucoins.com/index.php

https://www.facebook.com/compucoin

https://twitter.com/compucoin

https://plus.google.com/104881459270704938618/posts


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CCoonncclluussiioonn

I hope this manual brought some clarity and gave you some insight in this

exciting new world of a currency with unlimited possibilities.

So go for it now. Dive into the world of cryptocurrencies with CompuCoin

because I honestly don’t think cryptocurrencies are going anywhere.

Download your wallet righ now:


It’s been four years since the birth of cryptocurrencies and there still

haven’t been any major issues with it. Just massive growth spurts and

typical market corrections.

I’m trying to picture myself how the financial world may look like some 5

to 10 years from now. By that time cryptocurrencies will be part of our

daily life if they really do take off and I’m sure they will.

This new type of currency is too great an opportunity to let go and I’m

really excited about the possibilities waiting for all of us.

Sincerely,

Christina Solberg

Marketing

CompuCoin.org

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