Bear Market

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A negative price trend of an asset or market over a specified amount of time. A negative price trend of an asset or market over a specified amount of time. In cryptocurrency as in equities markets, the consensus is a 10% decrease in an asset or market's value. A market's downturn can be affected by poor investor sentiment and economic conditions as well as unfavorable regulation(s).

 

Benchmark

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In trading, it is the act of measuring the performance of one asset by comparing it to another. In computer science, a benchmark is a process of assessing a computer or program's performance using a battery of standard tests.

 

Bid

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A bid is an executable order that stipulates the price an investor or trader is willing to pay for a specific quantity of a given asset, commodity, security or financial instrument. The bid is recorded in the order book until it is executed or filled by another market participant or market maker. In cryptocurrency, this is referred to as a buy or buying the market.

 

Bitcoin

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Bitcoin is most known for being the first cryptocurrency and blockchain officially released in 2009. Bitcoin as defined by its creator Satoshi Nakamoto: “a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution… We propose a solution to the double-spending problem using a peer-to-peer network.” https://bitcoin.org/bitcoin.pdf

 

Block

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A potentially impenetrable file system designed to store data on a Blockchain. For new data to be added to a blockchain, it must first be decrypted by miners and compiled to form a block to be added to the chain.

 

Block Explorer

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A Block Explorer delivers information about blocks, transactions, balances, and transaction histories through a webpage often associated with a specific blockchain.