Lamborghini/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Lamborghini</strong></a>, an exotic and expensive car that became a stereotypical aspiration of many <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">crypto enthusiasts. Lamborghinis typically cost at least $200.000. If a crypto enthusiast manages to capitalize on <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin&rsquo;s market movements to the extent that he can buy this car, <strong>it becomes a symbol of success</strong>. <em>Some wealthy crypto traders even bought a Lamborghini only as a symbolic gesture.</em></p>\n<p>This term was especially common in crypto forums in the early days when instead of asking <em>&ldquo;When are the prices going up?&rdquo;</em> people asked, &ldquo;<a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-does-when-lambo-mean/">When Lambo</strong></a>?&rdquo;. Therefore, when cryptocurrency prices are about to go up and the crypto holder is about to be <strong>able to purchase a Lamborghini</strong>, or in other words become rich, people often joke around saying &ldquo;When Lambo?&rdquo;.</p>","level":"easy","meta_title":"What is Lambo? 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Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto 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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":436,"original_id":null,"author_id":42,"translator_id":null,"title":"What are Laser Eyes?","slug":"what-are-laser-eyes","section":"L","keyword":"Laser Eyes","status":"published","definition":"a viral Twitter meme that Bitcoiners use when they try to push the value of Bitcoin (BTC) past its highest price.","content":"<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bitcoiner/">Bitcoiners put Laser Eyes&nbsp;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.&nbsp;</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>","level":"easy","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,"language":"en","created_at":"2022-03-18T14:14:50.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-are-laser-eyes"},"prevSection":{"id":1002,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Keccak?","slug":"what-is-keccak","section":"K","keyword":"Keccak","status":"published","definition":"can also be referred to as SHA-3 is a cryptographic algorithm.","content":"<p><strong>Keccak is a cryptographic mechanism</strong> that was created by Gilles Van Assche, Guido Bertoni, Joan Daemen, and Michael Peeters. It offers the best and most upgraded security compared to how it was with older <strong>SHA-1 and SHA-2</strong> <strong>hash functions</strong>. However, the algorithm is used for other functions as well.</p>\n<p>2007 was approximately the year when the Keccak function started to be created. It took place after NIST's announcement of a public competition and testing procedure for a new cryptographic hash function capable of overcoming the possible weaknesses of the prior SHA-1 and SHA-2.</p>\n<p>To put things into perspective, <strong>the Secure Hash Algorithm (SHA) is a collection of cryptographic hash functions</strong> that were published by the U.S. National Institute of Standards and Technology (NIST). Speaking of the earlier versions, SHA-1, and SHA-2, these are very similar and were created by the US National Security Agency (NSA).</p>\n<p>Conceptual attacks on SHA-1 were carried out in 2004 and made public in 2005. NIST announced SHA-2 as the new standard hash function to be used a few years later, in 2011. However, the transition from SHA-1 to SHA-2 was extremely slow, and it wasn't until early 2017 that a considerable number of developers and computer scientists made the switch.&nbsp;</p>\n<p>Soon afterward, in February 2017, Google disclosed an effective SHA-1 collision attack. Since then, SHA-1 is no longer regarded as safe, and its use is banned.</p>\n<p><strong>Even though Keccak has the same hash lengths as SHA-2, they are still distinct</strong>. This is why Keccak is also considered to be SHA-3.</p>\n<p>Because Keccak includes a unique structure, which is demonstrated to be safer and more reliable than the other algorithms. This is why it was chosen by NIST. The SHA-3 algorithm is based on sponge functions (or sponge construction), as opposed to the Merkle Damgrd construction used by SHA-1 and SHA-2, if you were to look at it from a technical standpoint.</p>\n<p>Until today, there were no major SHA-2 attacks, but it doesn&rsquo;t change the belief that hash functions could be breached eventually. If this happens, it will take a long time to establish a new one.</p>\n<p>Speaking of which, there were, however, successful breaches through SHA-1. They took place back in 2004 and 2005. This was the stepping stone of the idea to develop a new standard function.</p>\n<p>Following that, in 2012, Keccak was finally considered to be the newest addition to the collection of SHAs. It was the third version - SHA-3.</p>\n<p>Even though SHA-2 is a previous version, it&rsquo;s still used and considered to be safe. To specify, it&rsquo;s employed by various cryptocurrencies including <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin. It is a part of the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining/">mining process.</p>\n<p>Considering the safety and low level of attack possibility SHA-3 is seeing an increasing adoption as well. But it doesn&rsquo;t stop there. In the future, there will be even more new and innovative hash algorithms being created. It&rsquo;s mandatory since the cryptography industry is always evolving and solving numerous issues.</p>","level":"medium","meta_title":"What is Keccak? Definition & Meaning | Crypto Wiki","meta_description":"Keccak meaning: Keccak - can also be referred to as SHA-3 is a cryptographic algorithm.","meta_keywords":null,"language":"en","created_at":"2022-05-19T07:20:55.000000Z","updated_at":"2023-01-24T07:17:59.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-keccak"},"currentChapter":"L","currentSection":"what-is-lambo","chapterTitle":"L","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-lambo","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Crypto Terms: Letter L

What is Lambo?

Lambo MEANING:
Lambo - a shortened way of calling Lamborghini, which became a stereotypical aspiration of many crypto enthusiasts.
Easy
1 minute

Let's find out Lambo meaning, definition in crypto, what is Lambo, and all other detailed facts.

Lambo is a shortened version of Lamborghini, an exotic and expensive car that became a stereotypical aspiration of many crypto enthusiasts. Lamborghinis typically cost at least $200.000. If a crypto enthusiast manages to capitalize on Bitcoin’s market movements to the extent that he can buy this car, it becomes a symbol of success. Some wealthy crypto traders even bought a Lamborghini only as a symbolic gesture.

This term was especially common in crypto forums in the early days when instead of asking “When are the prices going up?” people asked, “When Lambo?”. Therefore, when cryptocurrency prices are about to go up and the crypto holder is about to be able to purchase a Lamborghini, or in other words become rich, people often joke around saying “When Lambo?”.