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RE: Crypto Current Affairs—Bitcoin Outperforms Stock Market and Gold, But Will This Last?

in #bitcoin7 years ago

I'm making the crypto world friendly and accessible for everyone by explaining acronyms and terms related to cryptocurrency. Here I found:

GBTCThe Grayscale Bitcoin Investment Trust’s shares are the first publicly quoted securities solely invested in and deriving value from the price of bitcoin. GBTC enables investors to gain exposure to the price movement of bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping bitcoins
CryptoA cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.
ICOInitial Coin Offering is a means of crowdfunding the release of a new cryptocurrency, the tokens being sold to raise money for technical development

Please upvote for visibility. If there are any missing terms here you want to be added to the database, please comment, so I'll become better.

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