Besides Bitcoin, the very first cryptocurrency ever introduced, you also have an altcoin. All other crypto’s, besides Bitcoin that follow, are alternative coins or tokens, abbreviated altcoins.
A baghodler, the crypto variant on the bagholder, is an investor who has hodled his investment for too long and as a result stays with the worthless
A bear is a pessimistic entity that thinks or believes that the bitcoin or altcoin price is going to fall and wants to profit from this or
It can happen that bullish signals occur in the chart. But that can also be a false signal or a ‘bear trap’. Investors who buy during these
A bear + whale = BearWhale, a mysterious creature. This term really exists, only in the crypto world though, but it means that a big crypto wealthy
Futures, an English stock market term that entered the crypto world at the end of 2017 as bitcoin futures. Futures are tradable period contracts. A buyer and
A blockchain is a distributed ledger that records data in a series of linked blocks. The very first block in the series is the genesis block. Each
A bull is the opposite of a bear and is present in a period of rising prices or when it all goes ‘moon‘. The bull causing the
A buy wall represents a large number of buy orders for crypto on a stock exchange, like Coinbase, which have been placed successively in a short period
Start with cloud mining if you don’t feel like buying noisy GPU’s or ASIC’s and dealing with high energy costs? Buy your mining capacity at mining pools
Central Processing Unit or processor, is the heart of the computer. In the early days of bitcoin it was possible to mine bitcoin in the computer with
Because a huge number of cryptos are built on Ethereum’s blockchain (ERC20), they also use ETH to enable a transaction. Unfortunately, transaction fees on the Ethereum network
Or cryptomoney, digital money, cryptotoken, cryptocoin, crypto… The terms and definitions are mixed up on the daily and make it confusing what stands for what. Crypto is
A fad is a desired trend that is characterized by a lot of enthusiasm and energy over a short period of time. Examples are articles around the
Fiduciary money, fiat currency, refers to currencies such as the Euro, Dollar, Yen, Roebel, etc. Fiat currency is money that does not derive its value from the
The flippening is a phenomenon when an altcoin dethrones the bitcoin from the #1 spot based on marketcap. There is speculation in the community that Ethereum has
‘Fear or Missing Out’ is a term used when mainly new investors start investing in crypto in the hype or only strike frequently during the peak. In
A fork is a separation or branch of a chain with data or software. With crypto it is always about the blockchain that splits. At the moment of
FUD is a abbreviation of Fear, Uncertainty and Doubt. A term used in marketing, IT and the investment world. Spreading FUD is usually done by (influential) persons
GPU stands for Graphic Processing Unit or simply a video card. A hardware component for a computer to display images. However, in the crypto world it is
Probably one of the most used terms in the crypto world. It all started in a golden message on Bitcointalk. A misspelled word in the title, by a
ICO stands for Initial Coin Offering. A crypto version of an initial public offering or an IPO. An initial coin offering is used to raise money for a
KYC is an abbreviation for ‘know your customer’. The term is used for exchange providers who (partly) have to be able to justify who and what customers
Marketcap is the abbreviation for market capitalization. It is a way of ranking crypto where bitcoin is of course number 1, for as long as it takes.
Transactions on the blockchain must be verified. The verification is done when cryptographic calculations are solved. Solving these sums requires CPU or GPU processing power, a lot
Mining becomes really attractive when large quantities of miners are bundled together in order to make the calculations faster and faster and to be the first to
A noicoiner is someone who doesn’t know anything about crypto, someone who doesn’t have crypto, nocoiner knows a number of definitions. Nocoiners often have the behavior of
To gain trust in the community, developers offer their source code open for anyone who is interested. The code and information which is published are freely available
‘Over the counter’ is a term that refers to transactions of buy and sell order that occur outside the ways of the stock exchanges, as Binance and
There are many different definitions about what peer-to-peer or P2P is. In general it is a network where users can exchange files with each other. As such,
At the launch of a coin or token it is indicated what the maximum supply of crypto is. For bitcoin it’s 21 million. This doesn’t apply to crypto that don’t have
Pump and dump are activities in which someone invests heavily in barely traded crypto, drives up the price (pump) and gets out (dump) when some investors just
Rebranding is the development of a new name, logo, image, design, term or a combination of these. The aim is to create a new image towards investors,
This term comes from the gaming scene and is shortened from the English word ‘wrecked’. It means ruined, demolished, destroyed, or simply making a mistake. When the
Defined future plans that are presented with a focus on a manageable and well thought-out project planning. That is what a roadmap define! The developers and engineers
Satoshi, the first name of the pseudoanonymous developer of bitcoin, but that’s not all. It also defines the number of decimals of an amount of bitcoin. One
A sell wall represents a large number of sell orders for crypto on a stock exchange, which have been placed successively in a short period of time.
The sequel on the question ‘when moon?‘. When the moment is there, as with the bitcoin in December 2017 which reached an all time high of $20.000,-,
“Buy when there’s blood on the streets” – Baron Rothschild; Simply explained, buy when the market crashes as it’s drowning in red (‘blood’) numbers. “Buy the rumors,
Volatile is a term that indicates that the crypto market can peak and fall within a short period of time. An increase or decrease of € 500,-
A whale concerns a large bitcoin or altcoin wealthy party, company or individual who can influence the market. If the influence is positive, a rising trend follows
A Lamborghini is the symbol as a luxury item when a crypto investor has earned a fortune from crypto. ‘When Lambo?’ refers to when the crypto investment
When moon? The question every crypto investor asks himself. When does the value of a crypto reach a height as high as the moon? The goal of
A whitepaper from a crypto developer is a document that describes technical information about the blockchain, algorithm and nodes of the project in question. Some developers rename
