Terms are often used in the bitcoin world !

I think a lot of terms are often used in the world of bitcoin, on this time I summarize in the following post, so it can help my friends who just plunge into the world of crypto :

1. PO (payout) = Payment of a mining / hyip / PTC site etc into our account

2. WD (withdraw) = bitcoin transfer process from mining / hyip / PTC account etc into bitcoin wallet

3. Scam = short explanation of "Not Paying"

4. Ripper = in the bitcoin world Ripper is often interpreted Fraudster

5. Mining = mining ... ie mined bitcoin, to do mining we usually required to buy mining tools on a web (cloudmining) there are 2 types of mining that is mining hardware and cloudmining

6. Trading = performs a buying and selling activity on bitcoin exchanger sites

7. Exchanger = exchange place bitcoin to Usd and other coin2

8. Giveaway = giving so people / sites give bitcoin for free

9. faucet = in english means faucet ... !! faucet is a website that provides free bitcoin in certain time .. usually every 5 minutes, 10 minutes, 1 hour DLL depending on the owner of the faucet

10.Wallet = wallet / storage bitcoin

11. Pump = it raises the price of bitcoin (big players on grab items)

12. Dump = it lowers the price of bitcoin (big players on the waste of goods)

13 Satoshi = 0.00000001 bitcoin

14. Bits = 100 satoshi

15.Cut lose (sell loss first) = usually this action should we take in trading bitcoin, alt coin other when the market price began to drop drastically in a certain time. Cut lose actions we take so no bigger losses.This action must be taken if the market has not indicated an increase.

16.Cute Lose = sell loss after  loss: smile:

17.ROI = return on investment The word roi is commonly used in the mining world which means the return of the amount of bitcoin we derived from the result of an investment

18.HYIP = Abbreviation of High Yield Investment Program is an online investment program  

19.Ponzi = is a fake invesory mode that pays profit to the investor from their own money or money paid by the next investor, not from the profits earned by the individual or organization running the operation.

20.Depo (Deposit) = balance content, in bitcoin world word depo is often used if someone is doing an investment.

21.invest (investment) = brief explanation Invest by expecting interest from the investment result

22. Arbitration = is the practice of profit-making by exploiting market price differences. For example see BTC-e bitcoin price USD 233 while in Bitstamp USD 237. We can use this price difference to gain profit by buying bitcoin at BTC-e and then sell it in Bitstamp.

if you have any other terms that can be shared here I will gladly edit this post !