Bagholder
By CoinGecko | Updated on Mar 03, 2020
A person who holds large quantities, or bags, of a cryptocurrency. Often used to describe such a person when the price of that cryptocurrency is declining.
Related Terms
Money Printer Go Brrr
A meme made to describe the US Fed printing excessive amount of money to support the traditional financial market to avert the stock market crash during the COVID-19 coronavirus pandemic.
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
Proof-of-Developer (PoD)
A concept of identifying the developers of a project as a means of vouching reputation for a project
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