I am actually getting a grip on some of the terms used here. So far here are the terms I am familiar with:
1. Volatile - swinging of prices in extreme ends or prices suddenly change?
2. Fiat - usually refers to paper money
3. Altcoins - coins aside from bitcoin
Can you share some of the terms you know? It would be a very big help to widen each others bitcoin vocabulary.
Thank you very much!
1. PO (payout) = Payment of a mining / hyip / PTC site etc into our account
2. WD (withdraw) = bitcoin transfer process from mining / hyip / PTC account etc into bitcoin wallet
3. Scam = brief explanation of "Not Paying"
4. Ripper = in the bitcoin world Ripper is often interpreted Fraudsters
5. Mining = mined ... ie mined bitcoin, to do mining we usually required to buy mining tools on a web (cloudmining) there are 2 types of mining that is mining hardware and cloudmining
6. Trading = doing the buying and selling activity on bitcoin exchanger sites
7. Exchanger = exchange place bitcoin to Usd and other coin2
8.Wallet = wallet / storage bitcoin
that's all I remember. there is already a trhead that gives information about the term in bitcoin
This is an interesting topic.
1) Cryptocurrency - Refers to the digital currencies like Bitcoin itseslf.
2) coins.ph - The most commonly used Bitcoin wallet in the Philippines.
3) Cash out - Selling your Bitcoins by converting it to cash.
4) Signature campaign - Participation to advertise an ICO or other cryptocurrency related brands.
5) Rank - Rank in the Bitcoin forum that determines the rate for signature campaign.