WebDec 30, 2024 · Cryptocurrency Terms What is ATH (All-Time High)? The highest price reached by an asset, Bitcoin’s ATH is at $19,800 (as of writing these lines). The ATH … WebMar 24, 2024 · Luckily, we’ve compiled a list of some of the most popular slang being used today. 1. FOMO Short for fear of missing out, FOMO can be used in everyday life. It refers to the sense of urgency to buy Bitcoin when everyone else is talking about it. 2. Shill Shilling refers to the promotion of a cryptocurrency for the person’s own personal benefit.
What is a Cryptocurrency? Explaining Crypto for Beginners
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WebJan 26, 2024 · For something to be considered money, it is typically thought of to possess three basic traits: (1) it is a store of value, (2) it is a medium of exchange, and (3) it is a unit of account. On the other hand, cryptocurrency may also be considered to be an asset class for investment, similar to a stock. As with stocks, cryptocurrency may offer ... WebBlockchain For Dummies: The Ultimate Guide [2024] Blockchain was introduced as the underlying technology that powered Bitcoin - the first cryptocurrency. Think of it as the infrastructure for cryptocurrency – if … WebMay 4, 2024 · Shitcoin – “shit” and “coin”. The crypto community made this word by merging “shit” and “coin.”. It is derogatory jargon, meaning a cryptocurrency with no immediate, visible potential and has a meager cost. In other words, this term is a warning that this or … shape of ufo shot down