In the world of cryptocurrency, what does 'based' mean when used on Discord?

8 answers

• Hartley ClemensenNov 13, 2022 · 3 years ago
  In the world of cryptocurrency, when someone says 'based' on Discord, it usually means that they agree with or support a particular project, idea, or person. It's a way of expressing approval or admiration. For example, if someone says 'Bitcoin is based', they are saying that they think Bitcoin is a solid and reliable cryptocurrency.
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• Sebastián ConstantinSep 01, 2022 · 3 years ago
  When people use the term 'based' on Discord in the context of cryptocurrency, it often refers to a project or token that is built on top of an existing blockchain. It means that the project is leveraging the technology and infrastructure of the underlying blockchain to create something new and innovative. It's a positive term that implies a strong foundation and potential for growth.
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• Guido TesiNov 19, 2023 · 2 years ago
  When it comes to cryptocurrency discussions on Discord, the term 'based' is often used to show support or agreement with a particular project or idea. It's similar to saying 'I'm on board' or 'I'm with you'. For example, if someone says 'Ethereum 2.0 is based', they are expressing their confidence in the upcoming upgrade and its potential impact on the Ethereum network.
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• irishkenyanMay 16, 2025 · 6 months ago
  As an expert in the cryptocurrency industry, I can tell you that when people use the term 'based' on Discord, it signifies their belief in the fundamental value and potential of a particular cryptocurrency or project. It's a way of saying that they see strong fundamentals and promising prospects. For instance, if someone says 'Cardano is based', they are indicating their confidence in Cardano's technology and long-term vision.
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• BulpahJan 22, 2025 · 10 months ago
  When cryptocurrency enthusiasts use the term 'based' on Discord, it typically means that they are impressed or supportive of a specific project or token. It's a way of expressing enthusiasm and belief in its potential. For example, if someone says 'Polkadot is based', they are indicating that they think Polkadot has a solid foundation and promising future in the crypto space.
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• Mickeyy04Dec 20, 2024 · a year ago
  In the world of cryptocurrency, the term 'based' on Discord is often used to indicate that a project or token is built on a strong and reliable blockchain. It suggests that the project has a solid foundation and is likely to succeed. For instance, if someone says 'Binance Coin is based', they are expressing their confidence in Binance's blockchain technology and its potential for growth.
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• sundone cindyMar 07, 2022 · 4 years ago
  When it comes to cryptocurrency discussions on Discord, the term 'based' is commonly used to express support or agreement with a particular project or token. It's a way of saying 'I believe in this'. For example, if someone says 'Dogecoin is based', they are showing their enthusiasm for Dogecoin and its community-driven nature.
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• Mostafa BozorgiJan 18, 2022 · 4 years ago
  In the cryptocurrency community on Discord, the term 'based' is often used to indicate that a project or token is grounded in strong principles and values. It implies that the project has a solid foundation and is aligned with the core beliefs of the community. For instance, if someone says 'Bitcoin Cash is based', they are highlighting the project's focus on low fees and fast transactions, which are key principles of the Bitcoin Cash community.
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