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Topic: The Ultimate Cryptocurrency Glossary: From A to Z (Read 146 times)

legendary
Activity: 4522
Merit: 3426
This definition is wrong.

Quote
Pump & Dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit ) which essentially result in a phenomenon where significant surge in value of coin followed by a huge crash take place in a short timeframe.

That is what scammers tell the newbies, but here is the real definition:

Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money. This is most common with small cap cryptocurrencies and very small corporations, i.e. "microcaps."


member
Activity: 231
Merit: 16
Nice Info Smiley
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
If you found anything that is missing, feel free to comment and I will ask the author to add them in. Enjoy.
More can be found on this thread: Terminology

( I wanted to copy and paste the content here but wasn't sure if that would violate the forum policy although I have got my friend's consent, so I just pasted a link to be safe)
33. Posting plagiarized content is not allowed.[e]

You created a broken link, here's the correct link (that you should've posted):
Code:
https://cryptoverze.com/the-ultimate-cryptocurrency-glossary-from-a-to-z/
newbie
Activity: 3
Merit: 0
A friend of mine recently compiled a list of the most commonly used cryptocurrency glossary. It is quite comprehensive I would say. Just thought that this would help a lot of beginners out there. If you found anything that is missing, feel free to comment and I will ask the author to add them in. Enjoy. ( I wanted to copy and paste the content here but wasn't sure if that would violate the forum policy although I have got my friend's consent, so I just pasted a link to be safe)

The Ultimate Cryptocurrency Glossary: From A to Z



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