Hopium
Home » Bitcoin Culture » BTC Glossary » Hopium
A word marriage of “hope” and “opium”, hopium is a make-believe drug that keeps you hopeful when things aren’t going your way or times are a little stressful in the market.
Applied to the Bitcoin world, the effects of hopium is often seen with shitcoiners thinking that their coin has any use case and they start shilling it everywhere. We also see the hopium effects with Bitcoin too as “TikTok investors” share their charts and technical analysis which have impossible price predictions.
Hopium addicts often show themselves as moonboys or moongirls. It is a dangerous drug if you are shitcoining but if you’re in Bitcoin, a bit of hopium can go a long way, especially in a bear market!
Hopium is often depicted with Pepe the Frog as a meme.
Latest Articles
The Social Engineering Hacks Will Continue Until Self Custody Improves
When you decide to store your wealth in Bitcoin, security is paramount. The blockchain spares no expense in securing blocks for a reason, and you
The Issue With Stablecoins On Lightning
The Bitcoin Lightning Network (LN) has emerged as the most promising solution to Bitcoin’s scalability issues. It’s the only layer two offering unilateral exit and multiple implementations
Lessons From The WBTC Address Poisoning Attack
In May 2024, the altcoin world threw up another epic loss for the ages when a whopping 1,155 WBTC (Wrapped Bitcoin), valued at over $70