Crypto Terms:
Letter L
What are Laser Eyes?
Meaning:
Laser Eyes -
a viral Twitter meme that Bitcoiners use when they try to push the value of Bitcoin (BTC) past its highest price.
Let's find out Laser Eyes meaning, definition in crypto, what are Laser Eyes, and all other detailed facts.
Bitcoiners put Laser Eyes on their Twitter profile pictures when they try to push the value of Bitcoin (BTC) past $100,000. This group believes in Bitcoin's future and is likely to have Diamond Hands, which means they are only interested in accumulating more BTC and using the HODL strategy for the long run, no matter how many difficulties they have to face along the way.
The association of Laser Eyes and Bitcoin started in February 2021 with the #LaserRayUntil100 hashtag. Laser Eyes usually depict two red laser beams shooting from the user's eyes on his/her profile picture, though there can be some variations in colors like blue, green, or other. The majority of users put Laser Eyes on their profiles for a 24-hour period. Twitter user @CHAIRFORCE_BTC was the first one who used Laser Eyes.
Primarily, laser eyes were the ability of superheroes, like Superman, before they were used to indicate support for Bitcoin. This creates an idea that laser eyes are a superpower that only extraordinary people can possess, which resonates with the Laser Eyes concept in the crypto world.
A lot of well-known and influential people in the world support this trend including Elon Musk, the CEO of Tesla, Cynthia Lummins, the US Senator, Tom Brandy, the NFL star, and many others.
Moore’s Law<\/strong><\/a>, proposed by Gordon Moore. The principles of this proposal state that computer power is set to double every two years and that humans are part of the process of exponential change. Moore’s law affects the areas of economic policy, education, and social organization, among others.<\/p>\n<p>Both Kurzweil and Moore’s ideas are supported by futurists who <strong>believe that society is on the brink of a new paradigm shift<\/strong> that will lead to the development of computer power far beyond that of today.<\/p>\n<p>The growth curves of today’s technological development are the outcome of a constant feedback loop between investment and innovation. As people put increasing sums of money into technological advancements, the more capable these technologies become of creating new technologies that are even more powerful.<\/p>\n<p>The development of each new innovation then generates more investments, which allow for further innovations, which then lead to even greater payoffs, thus endlessly continuing the cycle. There are three key components to the law of accelerating returns: human capital, investment capital, and empowering technologies.<\/p>","definition":"Ray Kurzweil\u2019s hypothesis on the growth rate of technology.","status":"published","meta_title":"What is Law of Accelerating Returns? Definition & Meaning | Crypto Wiki","meta_description":"Law of Accelerating Returns meaning: Law of Accelerating Returns - Ray Kurzweil\u2019s hypothesis on the growth rate of technology.","meta_keywords":null}"
:prev-section="{"id":440,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Market_capitalization","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2024-01-04T04:25:47.000000Z","slug":"what-is-large-cap","title":"What is Large Cap?","section":"L","keyword":"Large Cap","content":"<p><strong>Large cap<\/strong>, or large capitalization, refers to the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-market-capitalization-market-cap-mcap/">market capitalization<\/strong><\/a> of at least $ 10 billion. While the term originated in the traditional markets, it’s also applicable in the crypto world. The market cap of a <strong>crypto token<\/strong> can be calculated when you multiply the price of the currency by its <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-circulating-supply/">supply in circulation<\/strong><\/a>.<\/p>\n<p>Crypto tokens are classified into three categories based on market cap: small, mid, and <strong>large<\/strong>. This allows investors to know what the scale of the project they’re investing in is.<\/p>\n<p>In the crypto world, well-established projects that belong roughly to the top-25 by market cap are considered to be large cap. They are seen as <strong>the most popular crypto projects<\/strong> within the crypto industry and are typically backed by a strong community. Furthermore, large cap projects have fewer issues handling adverse events.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mid-cap/">Mid-cap projects<\/strong><\/a> are valued between $3 billion and $10 billion. Mid-cap projects may show greater growth than large cap projects, but they are often more volatile.<\/p>\n<p>The value of small cap projects ranges between $300 million and $2 billion. These projects have a lot of <strong>growth potential<\/strong> but are very volatile in the face of macroeconomic changes.<\/p>\n<p>The market cap of a project can be very revealing to investors and allow them to make better judgments of the financial standing, as well as the community perception. Investors are more likely to put their money into a project with a <strong>stronger financial standing<\/strong> and trustworthy community sentiment.<\/p>\n<p>Large cap tokens are often preferred over small or mid-cap tokens due to their business model. Large capitalization points towards a more consistent market performance and may show that <strong>the project will have low sensitivity toward small news or events<\/strong>. This makes the large cap assets appear less volatile and thus garner the attention of more investors.<\/p>\n<p>Investors may also be interested in the staking rewards that large cap tokens may promise. As the prices increase, <strong>investors can find the interest income of large cap projects beneficial<\/strong>.<\/p>\n<p>Large cap crypto projects tend to show more transparency and authenticity in regard to their operational processes. Investors can be granted access to project information that may help them make well-informed decisions. Furthermore, large cap projects must provide their investors with <strong>periodic financial reports and updates<\/strong>.<\/p>\n<p>On the other hand, small cap projects shift their focus exclusively to their business objectives. Although small cap stocks have the highest potential for rapid growth, they are significantly more sensitive to market fluctuations and, therefore, more volatile.<\/p>\n<h2>How to Calculate Market Cap<\/h2>\n<p>If a project has <strong>40,000 tokens in circulation<\/strong> and the price of one token is $4, the market capitalization is calculated using the following formula:<\/p>\n<p>Market capitalization = 40,000 tokens x $4 per token = $80,000<\/p>\n<p>If the market capitalization exceeds $10 billion, it is considered to be a large cap. Such projects tend to have <strong>long-standing market histories<\/strong> and are therefore seen as safe investments.<\/p>","definition":"market capitalization of at least \u200b\u200b$10 billion.","status":"published","meta_title":"What is Large Cap? Definition & Meaning | Crypto Wiki","meta_description":"Large Cap meaning: Large Cap - market capitalization of at least \u200b\u200b$10 billion.","meta_keywords":null}"
:model="{"id":434,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Meme","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-02T18:43:43.000000Z","slug":"what-are-laser-eyes","title":"What are Laser Eyes?","section":"L","keyword":"Laser Eyes","content":"<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-bitcoiner/">Bitcoiners/strong>/strong>/a> put Laser Eyes on their Twitter profile pictures when they try to push the value of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a> past $100,000. This group believes in Bitcoin's future and is likely to have <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-diamond-hands/">Diamond Hands<\/strong><\/a>, which means they are only interested in accumulating more BTC and using <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hodl/">the HODL strategy<\/strong><\/strong><\/a> for the long run, no matter how many difficulties they have to face along the way. <\/p>\n<p>The association of Laser Eyes and Bitcoin started in February 2021 with the <strong>#LaserRayUntil100 hashtag<\/strong>. Laser Eyes usually depict two red laser beams shooting from the user's eyes on his\/her profile picture, though there can be some variations in colors like blue, green, or other. The majority of users put Laser Eyes on their profiles for a 24-hour period. Twitter user @CHAIRFORCE_BTC was the first one who used Laser Eyes.<\/p>\n<p>Primarily, laser eyes were <strong>the ability of superheroes<\/strong>, like Superman, before they were used to indicate support for Bitcoin. This creates an idea that laser eyes are a superpower that only extraordinary people can possess, which resonates with the Laser Eyes concept in the crypto world.<\/p>\n<p>A lot of <strong>well-known and influential people<\/strong> in the world support this trend including Elon Musk, the CEO of Tesla, Cynthia Lummins, the US Senator, Tom Brandy, the NFL star, and many others.<\/p>","definition":"a viral Twitter meme that Bitcoiners use when they try to push the value of Bitcoin (BTC) past its highest price.","status":"published","meta_title":"What are Laser Eyes? Definition & Meaning | Crypto Wiki","meta_description":"Laser Eyes meaning: Laser Eyes - a viral Twitter meme that Bitcoiners use when they try to push the value of Bitcoin (BTC) past its highest price.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
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The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart 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current-chapter="L"
current-section="what-are-laser-eyes">