DEFINITIONS (go here)(you suggest them / you define them)
B E & L ... btc, eth, ltcCAB
... cap, ass, biz
... Markets are generally thought to have crashed when prices drop by 10 percent or more in a given day.dacdao 1dex
is shorthand for a Decentralized Exchange
fault recovery or state recovery ... the chain .. it broke now fix it mode of POW
federated chain ... aka permissioned ledgerFOMO
... acronym .. Fear of Missing Out, akin to avarice / cupidityFUD
... acronym .. Fear Uncertainty & Doubtfugazi
.... primary source see Wolf of Wallstreet
... old sauce "fucked up, got ambushed, zipped in [a body bag]" ... 1. Fake, false 2. A really bad knockoff, a copy. HODL!
... acronym .. Hype Up & SchillICO
... acronym .. initial coin offering ... see SCAM!Larimer
.. a "Larimer" .. decepticon / knaveLightning Network
is a system of bilateral smart contracts, where you may earn a fee by providing liquidity to other users.
MPA (Market-Pegged Asset) ... thread https://bitcointalk.org/index.php?topic=1538757.new#newmerge-mining
aka auxiliary proof-of-work (AuxPoW), allowing a coin to be mined in concert with another like BTC or LTC .. eg. https://www.multipool.us/PoB
(Proof of Burn): A mechanism where a participant is rewarded when he shows he has destroyed coins by sending them to an "unspendable" address. It can be used to achieve distributed consensus in a cryptocurrency: those who burn most currency have the highest probability to find blocks. But it is also used to "bootstrap a new cryptocurrency off of another": when a participant "burns" coins from one currency, he gets tokens in another one. (More info in: http://en.bitcoin.it/wiki/Proof_of_burn
(Proof of Stake): A mechanism to achieve distributed consensus among a network of participants. Staking there is providing updates to the whole network's state, where you earn fees for contributing to the validity and the security of the network.Premine
A premine is where a coins lead developer mine the genesis block and subsequent blocks in secret for a period of time, prior to publicly launching their new cryptocurrency, aka, unfair launch. These are almost always scams so general advice stay away. Premine introduces the need to trust the developer(s)
and causes centralization of funds
both of which are proven has high risk factors in crypto.REKT
... visual ref. http://imgur.com/gallery/Q6MuDschill
... a shill, also called a plant or a stooge or a decoy, is a person who publicly helps or gives credibility to a coin without disclosing that they are being paid to promote/advertise the coin (see sockpuppets, propaganda -ist). v. to shill, dupe bystanders into participating in a swindle or scam.
single issue poster sleepers
... good coins, with solid parameters, trading at low volume for long periods, but due for some explosive future gains
comparison / oppositesLongs
borrow fiat to buy bitcoin and then resell them higher for profit, shorts
borrow bitcoin to sell and get fiat then rebuy them for cheaper and get profit.
FUD vs HUS
"the hype cycle” ... All new technology seems to go through it. A simple way to explain it is to look at the rise of the internet and the dotcom boom-bust. In crypto a major hype cycle began in late 2013 with BTC
priced above $1100 and LTC hitting $50, 1000s of 'alt coins' where released.
"the oldest trick in the book" ... http://imgur.com/ZA9fjqJ
Eth was just a banker backed scheme to try and co-opt Bitcoin and replace it with a premined, permissioned ledger, I'd say zero is too high of a price.
- There is no way you can predict anything about Ethereum because it's consensus mechanism and other attributes aren't even finalized. It's like saying "the pizza tastes good" after you order it before they even make it.
- Once stakers have to pool their stake, which is inevitable, or the network doesn't function, the system basically becomes a far less efficient, less distributed version of DPoS, so I consider PoS kind of a dead end in that regard.
Nxt 2.0 is an over-engineered hot mess just like the original, except with less support.
Premined permissioned ledger scam to extort money from idiots.
the latest scam from the nxt1 crew of progscammers that exited that project and now need more of your btc
No it has fuck all. It is a currency for obese pedophiles