The fear of missing out (FOMO) is an emotional fear of missing a profitable opportunity. In the crypto market it pushes people to buy assets on emotion, without analysis or a plan.
Coin burning is the deliberate and irreversible removal of part of the tokens from circulation. The mechanism reduces the supply of the asset and is often used to manage the issuance of a cryptocurrency.
Silk Road was an underground online marketplace shut down by the authorities, which accepted payment in bitcoins and had a notable impact on the early fame of cryptocurrency.
SegWit is an update to the bitcoin protocol that moves signature data outside the main part of the block, increasing its efficiency and helping to address scalability issues.
A candle is an element of an exchange chart that compactly reflects price movement over a chosen period: the opening and closing prices, as well as the high and the low.
Satoshi Nakamoto is the name under which bitcoin and its technical document were introduced. To this day it is unknown whether a single person or a group stands behind this pseudonym.
A satoshi is the smallest unit of bitcoin, equal to one hundred-millionth of a coin. Fractional units make it possible to make very small payments and to specify amounts precisely.