Title: Keywords in Bitcoin World (Newbies) Post by: fakegurutu on February 25, 2018, 12:51:55 PM Though Im not a newbie in this forum, I am in the world of bitcoin. I would like to have some clarification or definition of some keywords that we use to hear in the bitcoin world. kindly give its meaning so that we can have an idea of what really is the meaning of it.
-Blockchain/Blockchain Technology -Cryptocurrency -Airdrops -Bounties -HODL -Pump & Dump -To The Moon -Exchanges -FUD -Fiat -Wallets - If I miss some then just add and define it for us. Thanks Guys. More Power to us and to this forum. Title: Re: Keywords in Bitcoin World (Newbies) Post by: johstacy on February 25, 2018, 04:40:44 PM - To The Moon - see a large increase in the price of the token. For example, from $ 0.1 to $ 1
- Lambo/ When Lambo? - Earn from selling token a million or more and buy Lamborghini, the token must fly to the moon. (joke) - Fiat - This is your national currency, which you use in real life. Dollar, euro, other currencies -Pump & Dump - This is a fraud. Just stay away from it. -Airdrops - Free distribution of tokens. In order to receive an airdrop, you need to register on the company's website, which distributes its own coins for free. Profit is from $ 0.2 to $ 35 for registration. Title: Re: Keywords in Bitcoin World (Newbies) Post by: quierx16 on February 25, 2018, 04:47:22 PM Though Im not a newbie in this forum, I am in the world of bitcoin. I would like to have some clarification or definition of some keywords that we use to hear in the bitcoin world. kindly give its meaning so that we can have an idea of what really is the meaning of it. -Blockchain/Blockchain Technology -Cryptocurrency -Airdrops -Bounties -HODL -Pump & Dump -To The Moon -Exchanges -FUD -Fiat -Wallets - If I miss some then just add and define it for us. Thanks Guys. More Power to us and to this forum. blockchain - you can search the meaning of this on web. Cryptocurrency - virtual money Airdrops - Free coins Bounties - do some task then they will pay you HODL - not selling your coins that you bought or get until it will go to the moon Pump and Dump from the word itself. Pump means go up, dump means going down Exchanges - Third party website whom youll trade your coins to fiat or any other coins. FUD - can't explain the meaning lol Fiat - Value of money like USD, EUR Wallet - where you store your tokens or coins you get or bought somewhere. Title: Re: Keywords in Bitcoin World (Newbies) Post by: bastian466 on February 25, 2018, 04:53:27 PM hold is an appeal to resist not to sell it first
exchange means the exchange market mostly discusses the new token and many people ask about the location of the exchange market Title: Re: Keywords in Bitcoin World (Newbies) Post by: chocopapaya on February 25, 2018, 05:03:29 PM Though Im not a newbie in this forum, I am in the world of bitcoin. I would like to have some clarification or definition of some keywords that we use to hear in the bitcoin world. kindly give its meaning so that we can have an idea of what really is the meaning of it. -Blockchain/Blockchain Technology -Cryptocurrency -Airdrops -Bounties -HODL -Pump & Dump -To The Moon -Exchanges -FUD -Fiat -Wallets - If I miss some then just add and define it for us. Thanks Guys. More Power to us and to this forum. I'll to give small explanations in addition to what they mean: -Blockchain/Blockchain Technology = The underlying technology of crypto. By solving complex math problems you are rewarded with some coin and a block (like an ledger that anyone can see) is created. -Cryptocurrency = The general term for all digital currency -Airdrops = Companies will sometimes give out free coins as promotions or rewards. -Bounties = You get rewarded with coins for helping advertise their company -HODL = Keep you coins. Don't sell, trade or move them. -Pump & Dump = An evil tactic where a large amount of people pool together resources to artificially increase the price of a coin to make profit then sell it off -To The Moon = A coin has or will increase in value 100%, 500%, or even 1000%! -Exchanges = Places to trade your crypto -FUD = Fear, uncertainty and doubt. Sometimes people will try to shake investors confidence in a coin to get them to sell it. This will drive the price down so they can snatch up cheaper. -Fiat = "Normal Money" (usd, euro, pound sterling, etc.) -Wallets = The place where you "store" your crypto. There are many kinds, hardware wallets, mobile wallets, paper wallets, web based. Title: Re: Keywords in Bitcoin World (Newbies) Post by: setifien19 on February 25, 2018, 05:32:10 PM Quote Blockchain/Blockchain Technology A decentralised public ledger of transactions that are recorded in a chronological orderQuote Cryptocurrency Digital ", encrypted" money in which units of currency are generated & regulated, also funds transfer operations are being verifiable.Quote Airdrops The protocol of giving away free tokens / coins .Quote Bounties Campaigns that pay ( with its tokens / coins ) when helping'em to advertise their service / product.Quote HODL Keep your coins ( store them / not sell 'em ) till their price goes upper.Quote Pump & Dump When the price fluctuates : pump ==> go up . Dump ==> go down.Quote To The Moon It's said when the price goes too high .Quote Exchanges Platforms where you can transfer cryptocurrencies to crypto / fiat .Quote FUD Fear, Uncertainty, Doubt.Quote Fiat Usual money / currencies : like , USD, EURO...Quote Wallets Place where to store / put your digital money in , it can be online , offline and hardware Title: Re: Keywords in Bitcoin World (Newbies) Post by: cryptotitan on February 25, 2018, 05:43:45 PM Your questions can be answered by google,you have the time to post this thread here and im sure you have time to search it in google.
There are some words you need to know here in bitcointalk forum, SHITPOSTERS - people who are posting shit threads,normally they are posting questions that can be answered in google. SHITPOSTING - posting shitty nonsense posts here in bitcointalk. DT - Default Trust,the people that are capable of giving green (positive) trust to the users here ,red trusts (negative) which will be given to those scammers,fraudsters and shitposters here in bitcointalk. |