I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless. 2FA
Two factor authentication. I highly advise that you use it. 51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network. Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example. Altcoin (alternative coin):
Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others. AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet. AML:
Defines Anti-Money Laundering laws**.** ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset. Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money. ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop. Bear trap:
A manipulation of a stock or commodity by investors. Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame. Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain. Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack. Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase. BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts. Bull market:
A market that Cryptos are going up. Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid. Crypto bubble:
The instability of cryptocurrencies in terms of price value Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement. Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent. Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos. DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention. Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power. Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system. Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins. DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts. Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network. Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time. DYOR:
Means do your own research. Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it. Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed. Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether. Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more. Faucet:
A website which gives away free cryptocurrencies. Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound. Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork. FOMO:
Fear of missing out. Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints. FUD:
Fear, Uncertainty and Doubt regarding the crypto market. Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum. Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”. Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.** Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed. Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions. HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life. ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past. John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims. JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy. KYC:
Know your customer(alternatively consumer). Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla. Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network. Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment. Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins. Margin trading:
The trading of assets or securities bought with borrowed money. Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply. Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards. Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware. Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors. Mining rig:
A computer specially designed for mining cryptocurrencies. Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon” Node:
Any computing device that connects to the blockchain network. Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. OTC:
Over the counter. Trading is done directly between parties. P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server. Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets. Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public. Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency. PROOF OF WORK (POW)
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees. Protocol:
A standardized set of rules for formatting and processing data. Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key. Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame. Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase. REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry. Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type. ROI:
Return on investment. Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe." “the exchage I use got hacked!”“Oh no, are your funds safu?” “My coins better be safu!”
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto. Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin. Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain. Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds. Shitcoin:
Coin with little potential or future prospects. Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness. Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value. Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI. Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources. Solidity:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market. Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards. Surge:
When a crypto currency appreciates or goes up in price. Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing. Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) . Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality. TOR:
“The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”. Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies. Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it. Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history. Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market. Whitepaper:
A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition: Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
I'm tired of all these "instructors" coming out of nowhere to basically summarize the 11th hour book. Basically a summary of a summary. None of these people really go into management ideology and they are all copycats of each other. It wouldn't be so bad but they ask you to pay to use their service. Kelly H service and Shon harris was some of the first interactive material we had and it was decent and free. Now you have services with micro payments of like $20-30/month from resources that say stuff like, "this shouldn't be your own study material", or "this is for after you feel like you read everything". For $20-30+ more a month on a test that takes more than 2-3 months to really prepare for from scratch is close to $100 alone for one service. How TF is that a good deal? submitted by
So far I spent
$100 on a service where the man spent half the time talking about how he was a legendary kick fighter and that universal income should be standard, then being upset for the price of bitcoin not going up... also wants $400 to go over a test he made up.
over 100 after the months added up with a guy that has 1/5 the material with insanely long practice exam questions just to understand something like seperation of duties. his video's were the best, but expensive.
over $100 overtime for a guy that legit reads through a powerpoint word for word, his study section is NIST documents, and has the worst review questions ive seen yet. There was also a show down between different discord servers and removed himself from the server still full of people because it might hurt his image? People are always watching that cancel culture stuff.
$100ish for boson. its a great service and prob the best, but all technical. If you do some of the stuff mentioned in there you will get it wrong, like cutting employee's access when getting fired.
those are just some I've bought into. There are more popping up every day.
The only two i'd recommend is Adam Gordon and maybe Kelly H to start if you can find it for free. Id use Luke Ahmed. His video's are good and he is very reachable. Obviously the Lamborghini of instructors is eric conrad if you can afford his sans.
dont waste money on all this, its not worth it. MFPROD can describe anything these guys can and its free and searchable on youtube.
Id say do a risk assessment and make sure the material doesnt cost more than the test.
just feel like the space needs to get more normalized. A lot of misinformation clashing with good information.
So for those who don't know, Peter Saddington is a data analyst who is now a crypto multi-millionaire. He runs the BiteSizeBitcoin channel on Youtube to help those new to cryptocurrencies. His entered the crypto market early and bought lots of Bitcoins when it was $2. He ended up being the first guy in the world to buy a brand new Lamborghini with $115 worth of Bitcoins. Pretty entertaining guy to watch. He's semi-retired now (if you consider making videos as work) thanks to his huge stash in BTC, Litecoin, NEO, etc.
A few months ago he managed to snag an interview with the founder of ICON and has just recently set a price target for ICON (ICX) at $100 by Q4, 2018. Right now ICX is trading around $5, so if his calls are right, that's a 20x ROI! He was also the guy you bought into Antshares/NEO when it was trading around a few dollars!! I would advise anyone new to crypto to watch his video streams, a lot of his calls have been great and accurate.
He starts talking about ICX around at 22min. https://youtu.be/778kE75q_OU?t=20m
Chat transcript: "I see ICON doing very similar to what NEO did when I started getting into NEO in early 2016 so about 2 years ago and I remember, so you guys can go back to a previous stream where I talk about my history of NEO going all the way back to early 2016, so about 2 years ago now of articles that i would save and bookmarked around antshares and the rise of antshares and u know connections with a couple other coins and stuff like that and then eventually the rebranding and etc, etc. I see ICON doing something very similarily to NEO however in my opinion (not my financial advice), my opinion guys, I feel like ICON has a far superior headstart to NEO (Antshares) that Da Hongfei had, i think Min Kim has a significant lets just say leg up in the game and the reason is because they didn't do a whole lot of marketing in the beginning of the creation of their coin, and their cryptocurrency. They spent time building out the project itself and building out vendors and connections with actual entities, banks, financial institutions, government, hospitals, and they spend a lot of their time making these connections and actually creating demand before they created the coin and so they already have working applications in the ICON ecosystem that are not public as of yet, however they already have big, let's just say hooks into companies in Korea that are already very willing to use their coin and their platform to run decentralized applications. "
"Now if you guys remember my interview with Min Kim with it what I've heard is they've expanded to over 300, that's a lot of people, to over 300 project managers and these project managers are siphoned out into these companies to help these companies understand and learn how to write the code for decentralized applications for the ICON (ICX) platform and so they're putting a lot of money into it."
"There's another consideration we also have to remember is that ICON has already been privately funded millions, and millions of dollars is what they already have and so the ICO was merely an opportunity for them to you know. Let's just put it this way it could fall in one of those particular segmentation's where it's like okay you already have a running application but now you're ICO'ing, it's just a money grab, however for them, from the best intentions that I can assume out of them is that their ICO was an opportunity to get even more funding so that they could scale out even more. "
"That's the positive assumption that I have with ICON so that's a little bit more context as to why we're cost averaging ICON. I see just like NEO, so let's get to some specifics here, I see it doing exactly what NEO did. I see a slow run probably in the first quarter to pick up in the end of the first quarter to second quarter. I'm basically talking about NEO here right now. Some doldrums in the summer picking up towards the end of the fall and then an end of the fall, a massive oscillation obviously with NEO ant shares and even OMG at the time a lot of them tanked because of the regulation that happened but it didn't really stop at all that much. Then we saw NEO have a massive run-up and then kind of a slight pullback but it's still sit in the far, it's sitting very very well that's period, end, full stop. NEO is sitting exceptionally well considering if you look at what NEO's price is at. "
"Well let's just look at it, let's look it up, I'm talking here, should just bring up stuff. So NEO's sitting at a healthy 71 dollars up 10% today. If you guys remember when I first got into NEO after spending a year percolating on this coin I got in first at $5.52 because some of you guys remember that video when I did that and then people thought I was crazy when I bought in at $32 dollars. But I have a long-term position with NEO. I have a long-term position with NEO and I see ICON doing something very similarly."
"Apparently I forgot someone asked what's my price prediction for ICON in 2018, obviously whatever I say means absolutely nothing because the cryptocurrency space is so wacky guys but I see ICON doing something very similar to NEO. I'm hoping for an end of the year 2018, a solid $100. I see ICON doing something very similarly and if ICON does anything close to what Litecoin did; now remember guys I got into Litecoin about the same price that I got into ICON today. So if ICON does anything similarly to Litecoin, I mean we could be seeing some massive gains guys, massive gains, so I'm hoping for a hundred. I think that's aggressive, let's be honest, I think that's aggressive."
"So right now I want to give you guys my profit taking points. My profit taking points, I'm thinking about doing profit taking if ICON hits about $15.00 and then a $30.00 and then $50.00 dollars, so those are my more conservative exit strategies. So if we dollar cost average into ICON and we get to a fifteen dollar ICON, I'm gonna be probably pulling out a little bit and then probably thinking about investing a little bit more not as a dollar cost average but simply as an opportunity just to invest more and pump more into ICON. So I have a $15.00, a $30.00 and a $50.00 that's written down on my notes on my notepad that those are kind of the things, that kind of the the profit taking levels that I would like to see. That way I'm not holding all my value in there and I am rewarding myself somehow throughout the rest of the year. "
"Okay so that's ICON, that's ICON guys, super excited I would love for you guys to join me in my dollar cost averaging with ICON. No promises here, ICON certainly could tank like any other coin out there however I feel relatively confident and I can't say completely confident because complete confidence is borderline of rationality and emotionality but I would say that I'm very very confident that ICON will do significantly well considering what we've seen so far and what we've seen so far is kind of typical. Let's be honest, usually coins that launch like this have huge spikes and huge pull backs. But if we go to ICON (ICX) here, let's check it out you guys, I mean this is ICON running, it's kind of doing a Bitcoin because I mean usually we would be seeing some major pull backs by now, if not originally from. This original when it first came out, some people would say this looks like an unhealthy chart, it needs to have some kind of pull back, some receding of sorts, but I don't know guys.
"I think we're probably gonna end up seeing some type of pullback early in January for ICON, so that might be an opportunity if you haven't got into the DCA now it might be an opportunity for you to start right then. Usually I don't buy the dips with dollar cost averaging, I just stick it. I said leave it, that's how I do every Friday. I just wake up and I say okay well I have to buy litecoin or I have to buy ICON today or whatever I'm seeing. Sometimes I will put in more money but I don't want to mess up my original data set, so I'll buy it on a different exchange and so that way I don't mess up the data set."
I'm the oldest, adult brother of 5 children. Dad and I first started throwing our money into bitcoin at the end of October and ever since, crypto has been all we've talked about. Mom doesn't completely get it but he's never steered the family wrong, so she trusts him. The kids who, with the exception of the oldest, high-schooler sister, are 12 and under. submitted by
I bought the little kids a copy of xcom for xbox (they loved making and controlling themselves in my game) but I didn't think it was enough. The parents pretty much bought them everything they wanted and the some this year. So with that, I decided to give them 20 bucks in bitcoin with the option to cash out at anytime, because I'm on the edge of breaking the number one rule of bitcoin and have some to spare. My only concern was that they wouldn't care and rather have $20 of boring old fiat. So on Christmas morning, I gave them the option between the two.
My little brother, immediately cashed out his $20 dollars on an xbox game he wanted. Disappointed, but sorta expected it. The oldest sister took a second to decide, but eventually decided the mall was more important. No surprise there. But the two youngest girls picked the bitcoin, I was so proud. Now they are hodling .001325 each.
The next day, I told the youngest that her $20 from is already about $22.60. My little brother over heard this while playing his game and asked me if he could have the bitcoin instead. I told him it was too late, I already bought the game from xbox live. So he leaves and comes back with $19 from his wallet to "invest in bitcoin". Definitely feeling the FOMO. I hope they're all able to buy, if not Lamborghini or Teslas, a nice used car when they get their licenses.
Happy Hodl-days everybody!
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all ... This 4chan user bought a Lamborghini with $200K in Bitcoin For the second time in the past two weeks, someone purchased a high-end luxury car using Bitcoin. Autocoincars.com has a number of Lamborghini Countach models for sale that can be bought with Bitcoin and other crypto-currencies. Replacing the Countach was the Lamborghini Diablo in the early 1990s, in hardtop or roadster versions. Highly popular and now very desirable, there are many people globally looking to buy a Lamborghini Diablo ... For example, when Saddington bought his Lamborghini in early October, his bitcoins were worth $4,000 to $6,000 apiece. Since bitcoin is now trading at over $8,000, the effective cost of his car ... Career entrepreneur Peter Saddington bought a Lamborghini with part of his bitcoin holdings as the price exploded to a new all-time high in the first two weeks of October. And not only was he able to purchase the Lambo with bitcoin, he got away with only paying $115 for the supercar. Also Read: Humble Bundle Is Selling Popular Bitcoin Books for $1 Join the Bitsonline Telegram channel to get ...
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