Glossary and acronyms

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  • Published At: 04.02.19 02:19
  • Last Updated At: 24.04.19 17:56
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emd
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Glossary and acronyms

In the following you can find the most common acronyms and short definitions about cryptocurrencies.

Alt - altcoin
ATH - all time high.  When an asset has reached its highest value ever recorded.
ATL - all time low.  When an asset has reached its lowest value ever recorded.
Bag Holder - A person who buys and hold a coins in large quantity
Bear/Bearish - negative price movement

Btc - acronym for bitcoin
Btfd - Buy The Fucking Dip, when a coin dumps
Bull/Bullish - positive price movement
Bottom - the lowest estimated price
BPI - Bitcoin price index. The average price of bitcoin on all exchanges.
CC - Credit Card
CB - Coinbase. A big exchange
Cex – Centralized Exchange

dApp - decentralized Appplication. An open source application, fully decentralized. All it´s data is safed cryptographically and public on the blockchain.
DB - Double Bottom. 
Dao – Decentralized Autonomous Organization

DDoS - Distributed Denial of Service Attack. A lot of computing power combined to attack a signle destination, often websites.
Dex - decentralized exchange. An crypto exchange without fees or intermediate. You control your private keys.
Dildo - long red or green candles

Dyor - Do Your Own Research
Erc - Ethereum Request for Comments, acronym for ethereum based tokens
Etf - Exchange traded fund. A markable security that tracks an Index, different assets or bonds. It trades like a common stock on a stock exchange.
Eth - shortcut for ethereum
Exe - exchange. A common place to buy and sell your crypto.
FA - fundamental analysis

Fiat - "paper money". The old money we all use in our daily life.
Fud - fear, uncertainty, doubt. It refers to information that is on purpose negative to scare the investor.
Futures - A central financial Exchange where trader can trade standarized future contracts. That means they can buy commodities at a specified price with delivery set at a special time in the future.

Fomo - fear of missing out. Somebody is afraid of missing out because the coin might increase in value VERY fast and will not drop in price again.
FTC – Federal Trade Commission
HF - High Failure
HH - Higher High
HL - Higher Low
Hodl - hold. To hold a cryptocurrency for a longer time period and not actively trading it. It is also the most famous meme in crypto.
Hype - to praise something a bit too much (see shill), but often still in a positive manner
ICO/ITO - initial coin offering/initial token offering. It matches fundraising in the cryptosphere. Basically you exchange fiat for a new coin offered by the company.
Jomo - Joy Of Missing Out

Lambo - Lamborghini. The famous car, often combined with "moon".
LF - Low Failure

LH - Lower High
LL - Lower Low 
LT - Long Term
LN - lightning network . Allows simplified transactions via separate micropayment channels on the blockchain.
Long - a trade with the expcatation to sell an asset in the future with a higher price.
MA - Moving average
Mainnet - A blockchain with full functionality. Prove the ability of a project to develop a blockchain from the idea to the full implementation. 
Mcap - Market Capitalization. Often not really significant in the cryptosphere, because a few sell or buys can manipulate the cap.
Mining - Solve mathematical problems with computer power to create new blocks within the blockchain.
Mew - my ether wallet. A tool for displaying all erc20 tokens using your ethereum adress.
MoE – Medium of Exchange

Moon - The place every investor wants to be. When a coin increases so much in value that it makes the investor rich.
MS - multi signature.
Natasha - the girl we all desire and also Dman´s waifu
Nasdaq
Nonce – Number Used Only Once, used in mining
Noob - Amateur or new trader
OB - Overbought
ORP - Opening Range Projections
OS - Oversold
Otc- Over The Counter
PA - Price Action
Ponzi
 - other word for pyramid scheme

PoA - proof of authority. Consensus mechanism within a private blockchain, that assigns the permission to create blocks to a special private key.
PoS - proof of stake. Coins are not created via mining. The amount of token an investor holds is important.
PoW - proof of work. Blocks within the blockchain are created by computing power via mining.
PT - Price Target

P&D - pump and dump. For further reading click here.
Rekt - When the coin you hold dumps badly

RoI - return on investment. A performance measure used to evaluate the efficiency of an investment or to compare with other. roi = (Gain from Investment - Cost of Investment) / Cost of Investment
RSI - relative strength index

Satoshi - the "father" of bitcoin and also the smallest bitcoin unit (0.00000001 btc).
SC - Smart Contract

Scam - another word for fraud
Shill - to praise something a bit too much and sometimes another word for hype
Shitcoin
- Coin without potential value
Short - A short trade is initialized with selling an asset. An investor wants to repurchases it at a lower price in the future and realize profit.
SH - Swing Hing 
SL - Swing Low or stop loss, depening on the context
SEC - U.S. Securities and Exchange Commission. It´s an independet federal government agency and responsible for protecting inspectors.
SON - Square of Nine
SoV – Store of value
SPV -
 simplified payment verification. Method for verifying if a transactions is included in a block without downloading the entire block.
S/R - Support/Resistance
ST - Short Term
STO - Secure Token Offering
Swing - zig zag price movement
TA - technical analysis

TF - transaction fee. The fee you pay for your transaction that a miner gets to include your transaction in the next block.
TPS – Transactions Per Second within the blockchain
Volume - total amount of traded asset within a time frame
VSA - Volume Spread Analysis
Wallet - major term for a digital wallet
Weak Hand - coin holder prone to selling at the first sign of a price decrease
Whales - a big player in the crypto world with a LOT of money
WP – Whitepaper

2FA – Two Factor Authentication. A common security measure to safe your accounts and keys.



tbc, beautiful formatting soon, would also be nice if you stop ninja editing to just highlight things.

Contributors

EDITOR TIME OF EDIT VIEW
emd (6) 2 months ago
eih (6) 2 months ago
emd (6) 2 months ago
bde (6) 2 months ago

Comments

D Man
  • 3588
2m ago
Nice, and useful.
Wealthbundance
  • 818
2m ago
Some more I can add here is Bag Holder - A person who buys and hold a coins in large quantity BTFD - Buy The Fucking Dip when a coin dumps DYOR - Do Your Own Research JOMO - Joy Of Missing Out Noob - Amateur or new trader OTC - Over The Counter REKT - When the coin you hold dumps badly Weak Hand - coin holder prone to selling at the first sign of a deep in price. Love Wealthbundance
emd
  • 80
2m ago
thanks ! will add them soon with another ~20
eih
  • 64
2m ago
Hi, I edited this article to add a couple of terms and abreviations, but I only see one added (DAO). What is the reason that ASIC, DLT, Fork, Gas, Token and Tx are not accepted? Thinking about a pump a couple of weeks ago of the Agrello token DLT after a Coindesk article mentioning DLT for Distributed Ledger Technology, I think it is an important abbreviation to know... so is it an error that my edit was not accepted or is there a reason? Thank in advance!

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