Bagholder
By CoinGecko | Updated on Mar 03, 2020
A person who holds large quantities, or bags, of a cryptocurrency. Often used to describe such a person when the price of that cryptocurrency is declining.
Related Terms
gm Good Morning
gm is the short form writing for good morning. Used extensively within the crypto community where individuals greet each other casually. On the other hand, good night (gn) is used when people sign off for the day.
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
Miners
Contributors to a blockchain taking part in the process of mining.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.