When Lambo
By CoinGecko | Updated on Mar 03, 2020
Shorthand for Lamborghini, an exotic car that people often refer to in their excitement over getting rich from cryptocurrencies. Often used in cryptocurrency communities when asking when prices may rise again by saying: “When Lambo?” It is usually combined with “When moon?”
Related Terms
Dutch Auction
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Bull Market
A bull market indicates the direction of the market going in an upward trend.
Mining
It is the process of the miners verify and adding transaction recors into a block.
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