Skip to main content

Author: CryptoPress

Buy the dip (BTD/BTFD)

Written on .

An exhortation from proponents of a cryptocurrency to purchase it when prices are poor. For cryptocurrency bulls, “Buy The Dip” means that any dips in the price of your favorite coin can only mean one thing: it’s time to buy even more. In crypto, its more emphatic form “Buy the f*cking dip” is also used, to highlight the confidence in the recovery of prices in the future.

Glossary

Continue reading

Burned

Written on .

When cryptocurrency tokens or coins are purposefully and indefinitely withdrawn from circulation, they are referred to as “burned.” Often blockchain networks use the mechanism of “burning” tokens to encourage network users to buy and invest in protocol-specific tokens. Burning tokens reduces the cumulative total token supply, potentially raising the value of the underlying commodity, which is typically used as a...

DeFi, Glossary

Continue reading

Bull / bullish

Written on .

The word “bullish” refers to a person’s constructive or enthusiastic attitude toward a particular asset. Someone who is optimistic on bitcoin assumes that the value of the currency would rise. A bitcoin “bull” is a human who is bullish on the digital currency.

Glossary

Continue reading

Block

Written on .

A block is the data archive of all transaction history made on a blockchain’s network within a given timeframe. Blocks are sequentially applied to a network’s data chain, forming the public database known as blockchain. A Bitcoin block, for example, includes information about the date, duration, and number of transfers, as well as signature information about the transfer’s origin and destination. Before a chain will begin...

Blockchain, Glossary

Continue reading

Fair Launch

Written on .

The equal and open initial allocation of coins in a blockchain project is known as a fair launch. They are considered a good way to encourage decentralization and participation in the crypto community.

Blockchain, Glossary

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.