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Author Topic: Terminology  (Read 78677 times)
EloquentThinker
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January 06, 2014, 06:04:52 PM
 #681

I have been lurking these forums for a few weeks now and didn't understand what a lot of these terms meant. This list has made things a lot clearer so thanks.
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Welsh
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January 06, 2014, 06:14:47 PM
 #682

Bumping again for newbs like us. Smiley

Likewise man this is going to take me awhile to learn... sigh

Just search the things you don't understand. Otherwise, learning every single one is going to take time and you will never use some of the terms.

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January 14, 2014, 05:07:35 PM
 #683

I regularly see posts in Speculation asking what a bull/bear trap is.   

A possible definition might be:

Bull Trap:  An upward trend in price that invites bullish speculators to buy before reversing suddenly and "springing the trap."
Bear Trap:  The opposite of a bull trap, where the price goes downward and then sharply back up "trapping" bearish speculators who sold their positions.

-.-. -.-. -- ..-.
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January 14, 2014, 07:27:36 PM
 #684

Really helpful. Thanks Yogi.
BTW,  bitcoin-shitlist.com seems not working.
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January 14, 2014, 09:07:23 PM
 #685

I regularly see posts in Speculation asking what a bull/bear trap is.   

A possible definition might be:

Bull Trap:  An upward trend in price that invites bullish speculators to buy before reversing suddenly and "springing the trap."
Bear Trap:  The opposite of a bull trap, where the price goes downward and then sharply back up "trapping" bearish speculators who sold their positions.

Thanks Equus, I've added your suggestions.

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January 14, 2014, 09:14:24 PM
 #686

Really helpful. Thanks Yogi.
BTW,  bitcoin-shitlist.com seems not working.

OK, thanks for letting me know. I'll check back on the site at a later date, if it's still down I'll remove the link.

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March 06, 2014, 09:27:55 AM
 #687

Wow, this is really helpful. Thanks for writing this!  Smiley
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March 06, 2014, 03:33:39 PM
 #688

Wow, this is really helpful. Thanks for writing this!  Smiley

No problem, I'm glad you found it useful  Smiley

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May 24, 2014, 06:08:17 AM
 #689

Question:

Regarding a premine, what is the full definition of the word "float"? 

Thanks
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May 24, 2014, 09:36:13 AM
 #690

bump for newbs

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May 24, 2014, 05:18:31 PM
 #691

Question:

Regarding a premine, what is the full definition of the word "float"? 

Thanks

Hi Armis,

I'm not sure, maybe someone else will enlighten us. Can you point me to where you saw 'float' used in relation to 'premine'?

BTW the financial definition of 'float' is;

Quote
The float refers to profits earned by a financial institution on assets that do not belong to that institution, but are held in custody for a client or other purpose.

But, I don't think this is what your referring too.

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May 24, 2014, 05:46:23 PM
 #692

Question:

Regarding a premine, what is the full definition of the word "float"?  

Thanks

Hi Armis,

I'm not sure, maybe someone else will enlighten us. Can you point me to where you saw 'float' used in relation to 'premine'?

BTW the financial definition of 'float' is;

Quote
The float refers to profits earned by a financial institution on assets that do not belong to that institution, but are held in custody for a client or other purpose.

But, I don't think this is what your referring too.



I think that might be on the same track (in the ballpark); here is the reference link:  https://bitcointalk.org/index.php?topic=621411.msg6882556#msg6882556




on a different note:
I noticed your sig how would you like to partner on some cryptocurrency projects?
 
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May 24, 2014, 08:30:54 PM
 #693

I think that might be on the same track (in the ballpark); here is the reference link:  https://bitcointalk.org/index.php?topic=621411.msg6882556#msg6882556

Yeah, I think DathAndTaxes was using the financial term. I don't think 'float' is used here as anything specifically relating to premining.

on a different note:
I noticed your sig how would you like to partner on some cryptocurrency projects?

I'm already partnering on a project, and looking for other partners (https://bitcointalk.org/index.php?topic=539956.0). Feel free to PM me if you think we can co-operate.

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May 24, 2014, 10:41:50 PM
 #694

Maybe add these in the list, too:

Bitcoin = the protocol
bitcoin = the unit

People often write those differently. Some even do BitCoin.

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June 04, 2014, 06:26:19 PM
 #695

Fantastic list! Wish I'd found this sooner. Great information for the newbie.
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June 04, 2014, 07:55:35 PM
 #696

Maybe add these in the list, too:

Bitcoin = the protocol
bitcoin = the unit

People often write those differently. Some even do BitCoin.

I don't really think that we have a confirmation to make this official.

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.a.


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June 05, 2014, 02:05:12 AM
 #697

Maybe add these in the list, too:

Bitcoin = the protocol
bitcoin = the unit

People often write those differently. Some even do BitCoin.

I don't really think that we have a confirmation to make this official.

Agree. There are some discussion but we don't have a consensus on that yet.
On the other hand, "BitCoin" is definitely bad lol.

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June 05, 2014, 02:33:22 PM
 #698

You should "pin" this at the top of the beginner forum. This is info us "newbies" need right out of the gate. Keep up the great work!
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June 05, 2014, 05:31:54 PM
 #699

Its really helpful for newbie like me. Just trying to learning about crypto currency.

BTCitcointalk
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June 06, 2014, 07:51:53 AM
 #700

Great post with useful and organized info!  Thanks!
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