What is Nihilism all about?

"Nihilism (pronounced /ˈnaɪ.əlɪzəm/ or /ˈniː.əlɪzəm/; from the Latin nihil, nothing) is the philosophical doctrine suggesting[says who?] the negation of one or more putatively-meaningful aspects of life. Most commonly, nihilism is presented in the form of existential nihilism which argues that life is without objective meaning, purpose, or intrinsic value.[1] Moral nihilists assert that morality does not inherently exist, and that any established moral values are abstractly contrived. Nihilism can also take epistemological, metaphysical or ontological forms, meaning respectively that, in some aspect, knowledge is not possible or that contrary to our belief, some aspect of reality does not exist as such."