Crypto-currency dictionary for beginners.

This minority would be useful to those who take their first step in the world of cryptocurrency. Here is a complete list of the words used by experienced participants:

ICO (initial coin offering) is a form of investment attraction as investors sell a fixed number of new credit currency units.

Altcoin (altcoin) is the abbreviation for "bitcoin Alternatives", and they name all cryptocurrency other than bitcoin

Arbitrage - Buying a crypto currency at a stock exchange with a lower exchange rate and reproducing it at a higher rate

Asic (ASIC) - Special computer equipment for crypto mining currency. For each crypt algorithm, its ASIC is used.

Bounty is an opportunity to get the jackpot of bitcoins or tokens on ICO (equal to a solid amount in $) for some advertisements and information activities without investing their money.

Fiat - supported government's obligations to the money.

Extraction - The evacuation of crypto currency using computing power

Growth is a solid rate increase.

Groove - The heavy sale of crypto currency, which leads to sharp decline in the wave of terror

Order - Order placed for purchase or sale in a certain quantity of exchange.

There is an order or warrant group to buy or sell a wall, which can stop, respectively, increase or fall of the exchange rate.

A beverage (a fraction of glass, a list of quotations) is a table in which orders of market participants are shown for purchase and sale of crypto-currency, in which the price of the present value is offered.

A turn is a situation where the speed direction of a pair changes, for example, the crypto currency was increasing, and after reaching a certain level of resistance, the decline started.
Hamster is a newcomer to the stock market, which understands a lot about the situation, it is largely the possibility of terror and merges regularly or purchases crypto currency at the most unfortunate moments.