Coinsters is a combination of coin + hipsters. Used to define millennials who are buying crytptocurrency , usually on credit cards, after reading about ridiculously high returns and gains on Bitcoin, Litecoin, etc.
They tend to congregate on Reddit and ask stupid questions.
They tend to congregate on Reddit and ask stupid questions.
In addition to student debt, most Coinsters bought coins at their all time high on their maxed out credit cards due to FOMO.
by FinTechGuru December 13, 2017