Relativistic speed
Relativistic speed refers to speed at which relativistic effects become significant to the desired accuracy of measurement of the phenomenon being observed. Relativistic effects are those discrepancies between values calculated by models considering and not considering relativity. Related words are velocity, rapidity, and celerity which is proper velocity. Speed is a scalar, being the magnitude of the velocity vector which in relativity is the four-velocity and in three-dimension Euclidean space a three-velocity. Speed is empirically measured as average speed, although current devices in common use can estimate speed over very small intervals and closely approximate instantaneous speed. Non-relativistic discrepancies include cosine error which occurs in speed detection devices when only one scalar component of the three-velocity is measured and the Doppler effect which may affect observations of wavelength and frequency.Relativistic effects are highly non-linear and for everyday purposes are insignificant because the Newtonian model closely approximates the relativity model. In special relativity the Lorentz factor is a measure of time dilation, length contraction and relativistic mass increase of a moving object.
Velocity
Relative velocity is a measurement of velocity between two objects
as determined in a single coordinate system. Relative velocity is fundamental in both classical and modern physics, since many systems in physics deal with the relative motion of two or more particles. In Newtonian mechanics, the relative velocity is independent of the chosen inertial reference frame. This is not the case anymore with special relativity in which velocities depend on the choice of reference frame.