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A Gamers Glossary of Terms and Acronyms

It means the same thing as the original word it is based upon, which means ‘to be completely destroyed or defeated’. In the world of cryptocurrencies, it is taken to mean total or significant financial loss. Rekt originated as an online gaming term to refer to someone that was severely beaten by an opponent. When used in cryptocurrency, it is used to refer to a person or portfolio that has incurred heavy financial losses. The traders responsible for these price swings are spread around the world. The best online communities have people who are happy to answer simple questions. My main game is Final Fantasy 14 and one of the best things about it is a friendly, helpful, mature player base where contempt and insults are the exception, not the rule. “Looking for Group / More / Party.” Commonly found in online multiplayer games when players are trying to run a dungeon or raid. Sometimes LFM includes a number denoting how many players are needed.

It can also be used when you outplay another player. “Over Powered” / “Imbalanced.” Used to refer to items or characters that are too strong compared to other things in the game. “Have Fun.” Friendly term usually written at the start of a match. “Bind on Equip.” Whereas BoA allows items to be shared among characters, BoE means the item is bound to one specific character once it’s been equipped and cannot be transferred. A strategy game that plays out without pausing, usually tasking you to build structures and armies to take out opponents before they can do the same. With that out of the way, let’s go over game genres. We’ll be skipping things like sports, action, adventure, racing, and fighting because they’re self-explanatory, but we’ll help you figure out all those acronyms you’ve been hearing. It’s commonly used as a general reminder to always research and find further info before making any investment decisions. It was first defined on Urban Dictionary in 2011 as the message you send your mate when you are too drunk to type anything else.

About This Game

Typically, most of the marketing activity is carried out by direct mail. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. Read more about vanity address here. We’re also a community of traders that support each other on our daily trading journey. “Getting rekt” refers to a cryptocurrency trader who is utterly ruined and destroyed due to losses from a recent price crash.

But try to join in their conversations, and you’ll likely be baffled. Why do traders persistently misspell “hold” even in the face of powerful autocorrect software? And why is the BearWhale spoken of in hushed tones? Even insiders marvel at the slang bitcoin culture has spawned. This content is not meant to be a formal definition of this term. Rather, it is an informal summary that seeks to provide supplemental information and context important to know or keep in mind about the term’s history, meaning, and usage. Some games will have the option for LAN play, so you can play with whoever’s connected to your home network. When a player starts complaining and cursing at others, he or she is being toxic.

First Known Use of wreck

If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Since mining requires computing power, the process of generating or mining https://www.beaxy.com/exchange/btc-usd/ cryptocurrency using a central p… An alternative term to Fish, describing someone with a small crypto investment. Yield curve control (“YCC”), also sometimes called interest rate pegs, is where bond yields are set by the…

Determine significant support and resistance levels with the help of pivot points. From basic trading terms to trading jargon, you can find the explanation for a long list of trading terms here. Short for “wrecked” which means that you have beat someone at something.

A versatile term that can also be used to refer to holders of state-issued “fiat” currency. BearWhale — By extension, a big-time trader who is bearish on the price of bitcoin. It needs to be noted that being REKT and truly losing money are different things, since rekt assets can still bounce back. Back in early 2018, BTC was rekt, yet near the end of 2020, not only did it bounce back, but it also reached a new all-time high. One day later, the price of DOGE plummets to less than 50% of the previous day’s value because crypto whales decided to dump and you’re now a bag holder. REKT goggles are the perfect eye protection for dart play. The frames are made of impact-resistant clear lens and feature comfortable foam face forming seals to ensure no gaps between the frame and the face. Dart play is all about action and the REKT goggles have an easy-adjust elastic headband to keep the goggles in place no matter how fast the action is going.

The term is shorthand for “get wrecked”, and while it’s exact origin is unclear, it seems to had spread out on the internet somewhere in the early 2010’s. If you’re looking to learn, it’s worth moving some money to Ethereum L2 and other L1 chains to save thousands of dollars on gas. CryptoDefinitions is one of the most comprehensive blockchain and cryptocurrency dictionaries on the web. We do our best to explain crypto-related words and phrases in a way that can be easily understood by casual readers. More than just a glossary, each definition goes into detail while avoiding the use of overly technical and confusing jargon. This page explains what the slang term “Rekt” means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team. In the gaming and financial worlds, rekt is slang spelling for losing badly. Their response’s are correct, but in, I believe the way you’re asking, the term “get rekt” would mean the person saying it just “killed” or “beat” etc..

Rekt is a deliberate misspelling of the word wrecked. To be rekt is to make a bad trade that results in heavy losses. Getting rekt can also be used to refer to any significant reduction in one’s portfolio value as a result of unfavorable market conditions, negative market sentiment, and unprecedented dumps. “Rekt”, also known as #rekt, is shorthand for “wrecked,” which is often used in online gaming to indicate that someone has been defeated or embarassed, in a similar vein to the term “pwned”. That is, although type c can be interpreted as indirect speech for its use of ñt, its gif-clause stays in the same position as in direct speech. This pragmatic analysis takes into account the numerous indirect speech acts found in oral dialogs. The sections on indirect speech acts, communication, and talk in interaction have no bibliographical details in the book.

If the market goes down and she gets liquidated, we may say “Alice got rekt.” So, rekt is often used to describe someone that got liquidated after losing a high-leveraged trade. The slang term comes from the online gaming world where it means to “lose badly”. Usually used by either kids or trolls on online games in order to annoy or provoke other players. Means “wrecked,” that is “utterly destroyed” or “wasted.” This slang term is often used to refer to someone who has been soundly defeated. It is also used to refer to someone who is extremely drunk or high. Sometimes used to describe players who are performing poorly, regardless of their experience level.

REKT means Random Events Knowledge Test

We will cover more common phrases in the crypto space in the Bitfinex Trading 101 blog series, so sign up to Bitfinex Newsletter to make sure you won’t miss out. It refers to the lowest price a token has ever gone. It refers to the highest price a token has ever achieved. Shill is the act of heavily promoting a crypto token/project with the primary goal to drive the token’s price up. Shilling sometimes has a negative connotation, although not always. The crypto industry is very dynamic, and the community seems to always have engaging conversations on social media. However, it may be challenging to follow on the talks to some people as many of the terms may sound unfamiliar. It is the phonetic spelling of “get wrecked”, and is mainly used by teenagers and trolls online to annoy other people. Lettris is a curious tetris-clone game where all the bricks have the same square shape but different content. To make squares disappear and save space for other squares you have to assemble English words from the falling squares.