Dump
By CoinGecko | Updated on Mar 03, 2020
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
"The market is dumping!"
"I'm dumping all of my tokens"
Related Terms
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
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).
Custody
Protective care or guardianship of an asset.
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
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