Topic: Shilling term (Read 124 times)
Shilling in crypto circles means those who are openly vouching for their coin and usually when a lot of shilling is happening in trollboxes across exchanges, it means that the investors want to create hype and shill in order for the price to be pumped for their selected coin s they can dump it on unsuspecting newcomers and make a profit. Also shilling can occur when some really good news has come out to make coin owners proud of the coin's achievements, so they shill out of pure excitement and happiness at reaching certain milestones in the coin's development.
It's not specific to trading.
https://en.oxforddictionaries.com/definition/shill
You probably hear people being accused of shilling for particular coins or projects. Name calling is pretty common in this space.
https://en.oxforddictionaries.com/definition/shill
Quote
shill
NOUN
North American
informal
1 An accomplice of a confidence trickster or swindler who poses as a genuine customer to entice or encourage others.
‘I used to be a shill in a Reno gambling club’
figurative ‘the agency is a shill for the nuclear power industry’
More example sentences
1.1 A person who pretends to give an impartial endorsement of something in which they themselves have an interest.
‘a megamillionaire who makes more money as a shill for corporate products than he does for playing basketball’
VERB
[NO OBJECT]
North American
informal
Act or work as a shill.
‘your husband in the crowd could shill for you’
NOUN
North American
informal
1 An accomplice of a confidence trickster or swindler who poses as a genuine customer to entice or encourage others.
‘I used to be a shill in a Reno gambling club’
figurative ‘the agency is a shill for the nuclear power industry’
More example sentences
1.1 A person who pretends to give an impartial endorsement of something in which they themselves have an interest.
‘a megamillionaire who makes more money as a shill for corporate products than he does for playing basketball’
VERB
[NO OBJECT]
North American
informal
Act or work as a shill.
‘your husband in the crowd could shill for you’
You probably hear people being accused of shilling for particular coins or projects. Name calling is pretty common in this space.
Even after being in the crypto space for a while, I just recently started to hear the term "shilling" in regards to trading. Can anyone explain what the word's intended meaning is? A dictionary does not seem to offer me something that makes sense.
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