[Ads-l] hodling and hodl (crypto jargon)

[Barretts Mail]

I just noticed why the The New York Times was also mentioned in the tweet; an article in the paper appears to use a folk etymology.

https://www.nytimes.com/2017/08/03/style/what-is-cryptocurrency.html <https://www.nytimes.com/2017/08/03/style/what-is-cryptocurrency.html>
Grandpa Had a Pension. This Generation Has Cryptocurrency.
by Teddy Wayne
3 Aug 2017

For this reason, none of the investors I spoke with engage in short-term trading but instead choose, in the online parlance of cryptocurrency enthusiasts, to “hodl” (“hold on for dear life,” rather than sell off for temporary gains).

Benjamin Barrett
Formerly of Seattle, WA

> On 5 Aug 2017, at 20:00, Barretts Mail <mail.barretts at gmail.com> wrote:
> 
> According to Dan McArdle (@robustus on Twitter), the term “hodl” was coined by GameKyuubi when drunk
> 
> https://bitcointalk.org/index.php?topic=375643.0 <https://bitcointalk.org/index.php?topic=375643.0>
> 
> I AM HODLING
> December 18, 2013, 10:03:03 AM
> I type d that tyitle twice because I knew it was wrong the first time.  Still wrong.  w/e. 
> 
> Benjamin Barrett
> Formerly of Seattle, WA
> 
>> On 30 Jun 2017, at 20:23, Barretts Mail <mail.barretts at gmail.com <mailto:mail.barretts at gmail.com>> wrote:
>> 
>> Urban Dictionary has a November 2013 entry for “hodling” (http://www.urbandictionary.com/define.php?term=Hodling <http://www.urbandictionary.com/define.php?term=Hodling>)”:
>> 
>> —
>> The act of holding a store of value like stocks or virtual currency, most often bitcoin.
>> —
>> 
>> 
>> Squeeze @crytoSqueeze has just made a post (https://twitter.com/cryptoSqueeze/status/880985636173357056 <https://twitter.com/cryptoSqueeze/status/880985636173357056>) with a meta-comment on this. The time stamp is: 8:05 PM - 30 Jun 2017:
>> 
>> —
>> Dear @PeterLBrandt, I agree and we call it HODLING.
>> —
>> 
>> This is in response to a tweet by Peter Brandt @PeterLBrandt: 
>> 
>> —
>> Over the years my most profitable trades have been produced by HOLDING, not by active trading.
>> —
>> 
>> The verb is “to hodl”.
>> 
>> LightningCoin‏ @Lightning_Coin tweeted (https://twitter.com/Lightning_Coin/status/880649388976164864 <https://twitter.com/Lightning_Coin/status/880649388976164864>):
>> 
>> —
>> I'm a noob, want to learn and really wonder why HODL if you can make extra +XX% on bounces. Still, I HODLed 100% of "old money".
>> — 
>> 
>> Benjamin Barrett
>> Formerly of Seattle, WA
> 


------------------------------------------------------------
The American Dialect Society - http://www.americandialect.org