Reading Time: 2 minutes

There I was again, at 3 am, stalking the depths of Reddit forms reading about cryptocurrency. Sometimes, when I read their comments I have no idea what their slang means. So I wrote this so you don’t have to feel that way. Here are five crypto slang terms you need to know. 

Bitshaming

Bitshaming is when someone makes fun of someone who invested in bitcoin (usually for a long period of time) and has not become rich yet. Think of it like kink-shaming but for cryptocurrencies. 

Example: “OMG Karen, stop bitshaming me. My ROI has not hit yet.” 

Did you know we have part one of this series? The more slang you know, the better you can navigate the space. You can check it out here https://crypto-current.co/5-crypto-slang-words-part-one/ Click To Tweet

Hyperbitcoinization

This can also be called H-Theory. Essentially it’s a theory that one day bitcoin will become the world’s currency and replace all the other world currencies. 

Example: Person one: You should really hop into bitcoin now. It will replace all and become the sole currency. Do it before it’s too late!! 

Person two: Sorry for them, he’s hyperbitcoinizating again.  

Maximalist 

A maximalist is someone who is all in on something. They tend to have extreme views and are stubborn about their outlook. 

Example: A bitcoin maximalist may be hyperbitcoinizating all the time. They tend to be very passionate about their standpoint that BTC will replace all and are stubborn about changing their mind. 

Trying to learn some more #CryptoSlang? Check out @_cryptocurrent_ ‘s latest article on it here: Click To Tweet

Rekt

Rekt means “wrecked”. Typically you hear this when you have bad luck or the market dips.  

Example: “Omg your dogecoin dipped? Get Rekttttttt.” 

Ticker Symbols 

This isn’t so much slang as it is important to understand crypto as a whole. These are trading symbols unique to every cryptocurrency on the market. 

Example: BTC is the ticker symbol for Bitcoin. DOGE is the ticker symbol for dogecoin. 

Now you no longer have to deep dive into Reddit and feel confused by all the slang presented to you. Knowing these five slang terms can help you navigate the crypto world better.