Maybe some of you still have a didnt know with sentences that often exist in cyrpto. ico or token
like ATH ? what is ATH . in crypto its " All Time High" price for a cryptocurrency.
its a bit unique for people not used to this before. im reading this in few source and enjoying read all explaination all of those words.
hope you enjoy my sharing and got something from this Fiat - Government issued currency.
Whale - Owner of a large sum of cryptocurrency.
Wall - A price point within the order books with a large accumulation of orders. Typically formed naturally at round numbers, or placed at strategic amounts to influence trading.
Bull - An investor who expects a market to rise upward.
Bull Market - When market prices rise or are expected to rise.
Bear - An investor who expects a market to head downward.
Bear Market - When market prices decrease due to a pessimistic sentiment causing a self-sustaining downward spiral.
ATH - "All Time High" price for a cryptocurrency.
Altcoin - Generally any crypto asset other than Bitcoin.
Token - The currency created by a particular project.
ICO - "Initial Coin Offering" used as a form of crowdfunding for a new project.
FOMO - "Fear of Missing Out" when not in a position of quick price movement.
FUD - "Fear, Uncertainty, Doubt" is a form of negative sentiment towards a cryptocurrency.
Shill - When a disingenuous person or account promotes a cryptocurrency with intent of making a profit.
Pump & Dump - A coordinated scheme where people promote a cryptocurrency to pump up the price in order to dump (sell) their holdings to make a profit at others expense.
Bag - The act of holding a large portion of one asset. Sometimes unintentionally created by buying and not selling during a Pump & Dump.
Fork - In software engineering, a fork happens when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate piece of software. The term often implies not merely a development branch, but also a split in the developer community. In cryptocurrency a fork can lead to a chain split.
Chain Split - A situation in which a blockchain splits into two separate chains temporarily or permanently. It can occur naturally (when two chains following the same consensus rules temporarily have the same accumulated proof-of-work and are both considered valid), or as a consequence of the use of two distinct sets of rules trying to govern the same blockchain.
POW - "Proof of Work"; An economic measure to increase security on a network by requiring work from the service requester.
POS - "Proof of Stake"; An alternative process for transaction verification aimed to achieve distributed consensus.
Mempool - A collection of all transactions waiting to receive a network confirmation. Every new Bitcoin transaction that is validated by the network will automatically be added to the mempool.
Wallet - Storage for cryptocurrency that can occur in software or hardware form.
Cold Storage - The process of keeping private keys offline in complete separation from the internet for safekeeping.
Private Key - A variable (secret key) used with an algorithm to encrypt and decrypt code. The algorithm does not need to be kept secret, but a private key does.
Dapp - "Decentralized Application" built as a smart contract.
Hodl - A cryptocurrency meme derived from this original post.
Lambo - The meme car all traders seek to obtain (a Lamborghini).
Moon - When a price reaches numbers beyond your imagination!
Here are some more:
The Flippening: which will happen when an alt overtakes Bitcoin in Market Cap. At the moment it looks like Ethereum might do this in the next couple of years
The Cashening: this was the attempt by Bitcoin Cash to overtake Bitcoin. So far this project has stalled.
DEx - Decentralized Exchange
ATL - All Time Low
Blockhain - Technology behind bitcoin
CMC - Coin Market Cap
LN - Lightning Network
That's few that I can think of.
Source Reffrence
https://bitcoin.org/en/glossary/coinbasehttps://www.blockchainshop.io/blogs/what...-and-lingo