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Cryptojacking can be very dangerous.Ĭypherpunk: Someone who is very invested in crypto, and probably bought Bitcoin before it became popular. In other words, a Buy Wall indicates that a coin is performing well.īuying the Dip: “Buying the Dip” is a buying tactic in which investors buy a specific cryptocurrency when its price drops.īTFD: “Buy the Fucking Dip,” the crass, crypto slang way of encouraging investors to buy after a drop in price.Ĭryptojacking: When someone hacks your computer to mine cryptocurrency. Instead, the market stagnates, contradicting optimistic predictions.īuy Wall: This occurs when a cryptocurrency’s buy orders exceed its sell orders. A Bull Market is one in which investors are acting in this manner.īull Trap: The opposite of a Bear Trap, a Bull Trap is when investors incorrectly predict that prices will increase. A Bull Investor is someone who predicts a market’s upswing and reacts accordingly. Often Bug Bounties have specific criteria which hackers have to meet in order to receive the reward.īull: Like Bear, a Bull can describe a market (a Bull Market) or a type of investor (a Bull Investor) in crypto slang. Companies will often offer a “bounty” to anyone who succeeds in finding vulnerabilities. To calculate the volatility and price, Bollinger Bands plot data in relation to the commodity’s average price.īug Bounty: As a security test, companies hold competitions for hackers to find bugs or security issues. Though BitConnect closed in January of 2018, some coins remained in circulation after the closure.īitshaming: When someone makes fun of a longtime Bitcoin investor who has yet to become rich.īollinger Band: These statistical charts show a commodity’s change in price. To obtain a BitLicense, holders must adhere to certain rules and regulations.īitConnect: A “high-yield” open-source cryptocurrency that was shut down after authorities realized it was a Ponzi scheme.
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#What does spor mean license
It was such a significant trade that it affected the entire Bitcoin market.īitLicense: A license issued by the New York State Department of Financial Services (NYSDFS) to conduct virtual currency business activity. But instead of declining, the asset typically stays flat or begins to recover.īearwhale: A very specific crypto slang term for a trader who grew anxious when Bitcoin (BTC) began to drop and sold his 30,000 Bitcoin at $300 each. These are some of the most used cryptocurrency terms on our list.īear Trap: A Bear Trap is when an asset’s performance inaccurately indicates a decline in price. A Bear Market is a market which is experiencing falling prices. A Bear Investor is someone who believes a market is about to drop. This allows you to use the different prices for the same asset to your advantage.īagholder: A Bagholder is someone who holds coins for an extended period of time because they believe they’re worth more than they are.īear: Crypto pessimism or skepticism that can describe an individual or a market. Get ready to ride the crypto wave.Īll Time High (ATH): The highest price point in history that a token or coin has ever reached.ĪFI: “All fucking in” when buying/selling/trading cryptocurrency.Īnti Money Laundering (AML): Rules and regulations aimed at ending market manipulation and other ways of obtaining funds illegally.Īrbitrage: Buying and selling securities at the same time but in different markets or forms. So whether you’re a bear investor, AFI or you just want to know what these new-age cryptocurrency terms mean, we’ve got you covered. And with Blocklr‘s comprehensive guide to cryptocurrency slang, you won’t be a NEWB for long. Like every new invention, cryptocurrency comes with brand new vocabulary. Not a crypto-whale or cypherpunk? The overwhelming number of cryptocurrency terms out there might have you yelling, “ FUD!” But don’t let crypto FOMO get you down.