Bloodbath
By Cryptomcmillan1 | Updated on May 24, 2020
In context of trading, the term bloodbath is commonly used to describe a market which is on a downtrend with many assets suffering from value depreciation. It is likely created from the term "blood in the streets" used to depict a bearish market sentiment.
Related Terms
Solidity
Object oriented programming languaged used in various smart contract blockchains.
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
Gas Price
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.