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Topic: Crypto terminologies (Part II) (Read 80 times)

newbie
Activity: 11
Merit: 0
January 13, 2018, 04:56:20 AM
#1
I figured out one can never have enough of crypto currencies. It's a wonderful invention. Let's see a few more crypto terminologies

1.FUD
Fear, Uncertainty, and Doubt. Baseless negativity spread intentionally by someone that wants the price of something to drop.

2. FUDster
Someone that is spreading FUD.

3. FOMO
Fear Of Missing Out. The overwhelming sensation that you need to get on the train when the price of something starts to skyrocket.

4. Pump And Dump
The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

5. Market Cap
The total value held in a crypto-currency. It is calculated by multiplying the total supply of coins by the current price of an individual unit.

6. Node A computer that possesses a copy of the blockchain and is working to maintain it.

7. Lambo
What we’re all going to buy when we’re rich. Hoping to get rich enough to buy a lamborghini [lambo]

8. This is gentlemen
“This is it, gentlemen”. Used to point out positive things that are currently happening

9. Altcoin
Generally any crypto-currency other than Bitcoin

10. TA
Trend Analysis or Technical Analysis.
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