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
Solo Staker
A Qtum PoS miner using their own coins for staking. Qtum blockchain launched with Solo Stakers and will continue to have this available after offline staking launches.
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
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