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Topic: Bitcoin Glossary (Read 119 times)

newbie
Activity: 62
Merit: 0
December 20, 2017, 03:17:52 AM
#1
Have just come accross an article on slang on bitcointalk forum and just in crypto field. I think would worth reading for some new members here Wink
Just some words from there:

Nocoiner: As Urban Dictionary explains, a nocoiner is someone who holds zero bitcoin because they doubted it back in the day and, now that it’s rocketed, vents their frustrations by hating from the sidelines. “The nocoiner takes out his or her bitterness on Bitcoin Hodlers, by constantly claiming that Bitcoin will crash, is a scam, is a bubble, or other types of easily refuted FUD.” Which brings us nicely onto our next definition…

Shitcoin: An altcoin that has no real use case or future. That doesn’t mean you can’t still trade and profit from it, but be under no illusions, even if it rockets in price, a shitcoin will always be a shitcoin, and will come back to earth with a bang.

Hyperbitcoinization: This isn’t slang but it is a hella big word. It’s one worth learning though cos you’ll be hearing a lot of it over the next year. Hyperbitcoinization is the notion that bitcoin’s rising value will cause a flight from devalued fiat currencies to crypto. It’s already happening.

The whole article is here https://news.bitcoin.com/bitcoin-glossary-youve-heard-of-crypto-mania-now-say-hello-to-cryptophasia/
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