Crypto Bubble
By Cryptomcmillan1 | Updated on May 24, 2020
It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts. Cryptocurrencies had its first bubble in 2017 where ther was an Initial Coin Offering (ICO) boom. It bursted from its all time high (ATH) on 16 Dec 2017.
Related Terms
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Mining Rig
A dedicated hardware to mine
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