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Ashdraked

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Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. … Continued

ASIC

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ASIC is an acronym for Application Specific Integrated Circuit. An Application Specific Integrated Circuit is a specific type of mining equipment use to mine a specific cryptocurrency. In exchange for being tailor made for a specific purpose, an ASIC has significantly improved efficiency compared to a standard mining rig. It also uses far less power than … Continued

Ask Price

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Ask Price is the price a seller is willing to accept for a cryptocurrency. Along with the price, the ask quote will generally also stipulate the number of units of such cryptocurrency willing to be sold at that price.

Astroturfing

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Astroturfing is the practice of really praising something (e.g. a new ICO), without also revealing that you have a personal interest in the relevant product/service. For instance, it is common that people behind an ICO go out on forums such as Bitcointalk.org and give a lot of credit to such ICO. This is to make it … Continued

ATH

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ATH means “all-time high”, as in “all-time price high.” It is the opposite of ATL. In the context of cryptocurrencies, it refers to the highest price milestone that any given coin or token has ever achieved.

ATL

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ATL means “all-time low”, as in “all-time price low.” It is the opposite of ATH. In the context of cryptocurrencies, it refers to the lowest price milestone that any given coin or token has ever achieved.

Atomic Swap

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Atomic Swap is the process of exchanging one cryptocurrency for another without involving any centralized intermediary (such as a centralized cryptocurrency exchange).

Attestation Ledger

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An attestation ledger is a register or account book created for the purpose of providing support/evidence of individual transactions. Normally, an attestation ledger is used to verify that a transaction has been carried out, or to verify the authenticity of products or transactions.

Bag

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A Bag is a subjectively large number of units of a specific cryptocurrency. How large the number must be in order to be considered a Bag is difficult to define as it varies from person to person. A Bag for person A might be very from a Bag for person B. Please also see our … Continued

Bagholder

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Bagholder means someone who is still holding an altcoin after a Pump and Dump crash. It can also just refer to someone holding a coin that is sinking in value with few future prospects.