Special thanks to Dinbits for helping us put this together. Check out his bitcoin trading calculator
Ad or advert – A trade advertisement to buy or sell Bitcoins
Assburger Syndrome – When someone asks people for help and then doesn’t like the answers they give. If that person ignores the help or responds by cursing and being stupid he/she has Assburger Syndrome.
Chargebacker – Someone that makes makes payment and then reverses payment after the transaction is finished
Coin Locker – A buyer who opens trade, marks paid, then vanishes, leaving coins locked
Dispute – When one party of the trade files a formal complaint to have the trade reversed or bitcoins locked in escrow released
Escrow – A third party that holds bitcoins until payment is verified. (see in depth explanation here)
Feedback – When a person leaves a comment or rating about another trader. On LocalBitcoins these currently have no value as they are easily faked and negative feedback is often left by the competition to destroy a trader’s reputation
Feedback Faker– Person who imitates someone else, by putting their name in feedback
GTFO – “Get The Fuck Out”, a response to scammers or people with below average intelligence when they try to cause drama or trouble
Jack – Someone whose response has nothing to do with the original trade or topic of discussion
LBC = localbitcoins.com
Leavers – also, “Negative feedback leavers”, people that start trades just for the opportunity to leave negative feedback.
MG – Moneygram
MIM – Man in the Middle scam, (see in depth explanation here)
Newb – New trader
Noob – Like newb, but resembles boob
PayPal – An online payment service that is easily reversed and often used by scammers
PreyPal – What many of the more experienced traders people call PayPal
Scammer – A person who perpetrates a scam
Serve 2 Serve – an American Express Serve Card transfer to another American Express Serve Card
Spacker – It comes from the word spastic. It is a buyer who is freaking out, complaining, asking stupid questions and generally annoying or wasting time.
Spammer – One who posts unsolicited information or repeatedly posts the same information more than once in a short amount of time
Spamvert – A post in a forum that is purely meant for advertising
Stat Padder – Person who opens a new account and increases their own statistics with fake trades
STFU – “shut the fuck up”. When someone makes claims that may be doubted they are told to provide proof or “STFU”
Support – In bitcoins there is no true support
Stamp – Bitstamp, generally used to refer to international market price
WU – Western Union
Windowlicker – Someone who believes that because they can open a Coinbase account or find bitcoins, they can be a bitcoin seller. Unfortunately they have no idea what they are doing and will likely get scammed, in legal trouble, have their accounts closed or a combination of those.