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Terms You Should Know
There’s a whole lot of crypto lingo out there. Whether you’re a seasoned vet or new to the game, here’s a list of the top cryptocurrency terms worth knowing.
1. HODL – Holding onto a coin instead of selling it. Made famous by this epic post.
2. Altcoin – Every cryptocurrency other than bitcoin
3. FOMO – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late
4. JOMO – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin
5. Moon – Where everyone wants their coin to go, up and into outer space
6. Bag Holder – Someone who is holding a lot of coins in the hopes that it will go up in the future
7. Shitcoin – A worthless and dead coin with no real value
8. Dumping – Downward price movement or a decision to sell a coin
9. DYOR – Do your own research
10. FUD – Fear, uncertainty and doubt
11. Whale – A super wealthy trader with a lot of money to spend
12. Mining – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power
13. Long – A decision to hold onto a coin for the long term
14. REKT – When a coin goes down sharply and you have a bad loss
15. Lambo – The car that many people want to buy when they strike it rich
16. Swing – When the price of a coin is moving up and down at a rapid rate
17. Pumping – A coordinated effort to boost a coin by buying a lot of it all at once
18. Bearish – When the sentiment on a coin is negative
19. Bullish – When the sentiment on a coin is positive
20. Exchange – Websites that allow you to purchase and sell cryptocurrencies
21. FIAT – Any currency that is issued by a government
22. TA – Technical analysis
23. ATH – All-time high
24. FA – Fundamental analysis
25. MCAP – Market capitalization
Numerous coin articles here:
https://cointelegraph.com/tags/mt.gox
Today's Ripple news:
https://www.express.co.uk/finance/city/929474/ripple-price-why-is-it-falling-today-XRP-cryptocurrency
This is a buying opportunity.
Welcome odiaz28. And congrats on getting your xrp. How do you like the layout of this boards intro page? I just recently finished building it?
Welcome Zbaron1. Your the first of hopefully many to join this board.
Hello Ticticticblam. Glad to be here!
How to buy XRP on bitstamp
https://ripple.com/xrp/how-to-buy-xrp-on-bitstamp/
XRP Price: https://www.bitstamp.net/
Buy XRP at: https://www.bitstamp.net/
XRP is an investment worth looking into
Hello, and welcome to the new Ripple XRP Ihub board.
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02/26/18
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Free
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Creator - Jed McCaleb
Date launched - September 2013
Algorithm - Consensus (Proof-of-Work)
RIpple is not XRP - Ripple is the name of a payment network and the payment protocol which powers it. It was developed and released in 2012 by a company of the same name, in order to enable "secure, instant and nearly free global financial transactions". It is built on principles similar to those of Bitcoin, so many people consider it a cryptocurrency. However, unlike Bitcoin, the source code of Ripple's technology is owned privately by the company, which means that it cannot be verified by any outsider. Ripple is a very popular network: many banks across the world use it as the basis for their own settlement infrastructure, and its native currency XRP (ripples) has been consistently present in the top 5 cryptocurrencies by market capitalization for the past several years.
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