Digital currency ethereum crashes below $200 to hit 40-day low; down 50 percent since all-time high

  • Ethereum’s price slipped below $200 for the first time since May 30, continuing its fall for a second consecutive session on Tuesday.
  • The cryptocurrency has now fallen more than 50 percent since registering all-time highs of over $400 in early June.
  • The cryptocurrency saw significant fluctuations throughout the trading session on Tuesday, recovering from heavy losses in early morning deals to trade 11 percent lower at $198.14 shortly before 4 p.m. London time.
  • Both ethereum and bitcoin have hit record highs in recent months, with the latter moving almost 1 percent higher on Tuesday trading at $2,393, according to Coindesk.
  • Like bitcoin, ethereum is a cryptocurrency built on blockchain technology.

Ethereum’s price slipped below $200 for the first time since May 30, continuing its fall for a second consecutive session on Tuesday.
Continue reading “Digital currency ethereum crashes below $200 to hit 40-day low; down 50 percent since all-time high”

Digital currency Ethereum crashes below $200 to hit 40-day low; down 50 percent since all-time high

  • Ethereum’s price slipped below $200 for the first time since May 30, continuing its fall for a second consecutive session on Tuesday.
  • The cryptocurrency has now fallen more than 50 percent since registering all-time highs of over $400 in early June.
  • The cryptocurrency saw significant fluctuations throughout the trading session on Tuesday, recovering from heavy losses in early morning deals to trade 11 percent lower at $198.14 shortly before 4 p.m. London time.
  • Both Ethereum and bitcoin have hit record highs in recent months, with the latter moving almost 1 percent higher on Tuesday trading at $2,393, according to Coindesk.
  • Like bitcoin, Ethereum is a cryptocurrency built on blockchain technology.

Ethereum’s price slipped below $200 for the first time since May 30, continuing its fall for a second consecutive session on Tuesday.
Continue reading “Digital currency Ethereum crashes below $200 to hit 40-day low; down 50 percent since all-time high”

“The Only Ones Who Don’t Seem To Understand Are The Economists,” Said The Economist

  • “The Only Ones Who Don’t Seem To Understand Are The Economists,” Said The Economist
  • Home The Bitcoin News “The Only Ones Who Don’t Seem To Understand Are The Economists,” Said…
  • Which may explain why sociologists, anthropologists, linguists and just about every other scientific group studies the importance of narrative, but not economists.
  • Economists talk about interest rates, price-to-earnings ratios, and obscure formulas as if we’ve arrived from a different planet.
  • Economists may not know how to tell a good bedtime story, but they sure can put a room filled with middle-aged nerds to sleep.

He was discussing the importance of narrative in society. “Economists talk about interest rates, price-to-earnings ratios, and obscure formulas as if we’ve arrived from a different planet. These things don’t drive people. Stories drive people.” Of course, economists may not know how to tell a good bedtime story, but they sure can put a room filled with middle-aged nerds to sleep.
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A Book Deal for Pantsuit Nation, and Then a Backlash

A Book Deal for Pantsuit Nation, and Then a Backlash #FinTech #PantsuitNation

  • The book, which is scheduled to be published in May by Flatiron Books, will draw on the stories and images from the group, which now has around four million members.
  • Some members voiced their support for Ms. Chamberlain’s plans, arguing that a book would amplify the group’s message beyond Facebook.
  • When Libby Chamberlain, the creator of the pro- Hillary Clinton Facebook group Pantsuit Nation, announced this week that she plans to publish a Pantsuit Nation-themed book , she framed the publication deal as a collective victory for the group.
  • Many commenters asked whether people whose stories appeared in the book would be compensated, and how the profits would be spent.
  • In a follow-up post addressing irate members on Wednesday, she explained that the proceeds would be used to “support Pantsuit Nation and the causes that are central to the group.”

Some members of a pro-Hillary Clinton Facebook group are irked that the group’s founder signed a book deal based on their private community.
Continue reading “A Book Deal for Pantsuit Nation, and Then a Backlash”

A Ransomware Virus Is Spreading Fast On Facebook, But You Can Stop It

A Ransomware Virus Is Spreading Fast On Facebook, But You Can Stop It #bitcoin

  • Locky is hidden inside an image file on Facebook and LinkedIn at the moment, and its takeover is simple: you get prompted to download a file, or the file automatically downloads, and once you click on the image, Locky is loose in your files.
  • Facebook didn’t get the memo about fake news.
  • iOS 10 Hidden Feature: Creates movies automatically
  • Click the wrong file or link, and suddenly everything on your computer is locked up, with a demand that you pay up to get your files back.
  • iOS Hidden Feature: Photos automatically sorted by person

Locky is hidden inside an image file on Facebook and LinkedIn at the moment, and its takeover is simple: you get prompted to download a file, or the file automatically downloads, and once you click on the image, Locky is loose in your files. Currently the ransom is half a Bitcoin to get your stuff back
Continue reading “A Ransomware Virus Is Spreading Fast On Facebook, But You Can Stop It”

Can This Social Media Site Make You Rich?

  • Inside Tinder’s Hookup Factory David Bowie-Inspired Emoji to Appear in New iPhone Update Death by Selfie: 11 Disturbing Stories of Social Media Pics All Stories
  • Like most money, Steems value is based on the unspoken agreement among users that it has value.
  • Steemit created ‘magic internet money’ – and has distributed $4 million to users since it launched last summer
  • But with the point system – this magic Internet money – the users can get paid for creating and curating content.”
  • Ranked on a scale from 1 to 10, the trending score reflects the number of users reading a story in real time.

Steemit created ‘magic internet money’ – and has distributed $4 million to users since it launched last summer.
Continue reading “Can This Social Media Site Make You Rich?”

Can This Social Media Site Make You Rich?

  • Inside Tinder’s Hookup Factory David Bowie-Inspired Emoji to Appear in New iPhone Update Death by Selfie: 11 Disturbing Stories of Social Media Pics All Stories
  • Like most money, Steems value is based on the unspoken agreement among users that it has value.
  • Steemit created ‘magic internet money’ – and has distributed $4 million to users since it launched last summer
  • But with the point system – this magic Internet money – the users can get paid for creating and curating content.”
  • Ranked on a scale from 1 to 10, the trending score reflects the number of users reading a story in real time.

Steemit created ‘magic internet money’ – and has distributed $4 million to users since it launched last summer.
Continue reading “Can This Social Media Site Make You Rich?”

Family holiday packing list: the ultimate guide

#Family holiday packing list: the ultimate guide  #Travel #Tip #Bitcoin

  • See the Telegraph’s full guide to camping
  • Check the items below off of your packing list – and don’t forget to scroll down to guides for beach holidays, camping trips, and ski.
  • See the Telegraph’s full guide to skiing and the best ski resorts for families
  • insurance documents (including European Health Insurance Card if travelling to one of the 27 European Economic Area countries) and copies of them; email a copy of them to yourself.
  • Check before you go to see whether your hotel or cottage stocks beach toys for children

My grandmother never goes anywhere without a swimming costume and a book – if things are going well, she reasons, she’ll get to use both. This is a wise policy.
Continue reading “Family holiday packing list: the ultimate guide”

Apple’s Rules for Virtual Currencies Are Interminably Vague

Apple’s rules for virtual currencies are interminably vague

  • Apple’s developer guidelines are keeping some virtual currencies from its App Store, it won’t say which guidelines, or why they affect some currencies and not others.
  • Apps using other currencies do not adhere to Apple’s guidelines.
  • “I got a call from Apple saying that we had to remove Dash from the wallet,” said Iorio.
  • Days later, though, Jaxx made it onto the App Store without Ethereum Classic, and without another currency, Dash , that was supported in a previous version of Jaxx on the App Store.
  • Apple’s Rules for Virtual Currencies Are Interminably Vague

This whitelist has a lot of gray.
Continue reading “Apple’s Rules for Virtual Currencies Are Interminably Vague”

Family holiday packing list: the ultimate guide

#Family holiday packing list: the ultimate guide  #Travel #Tip #Bitcoin

  • See the Telegraph’s full guide to camping
  • Check the items below off of your packing list – and don’t forget to scroll down to guides for beach holidays, camping trips, and ski.
  • See the Telegraph’s full guide to skiing and the best ski resorts for families
  • insurance documents (including European Health Insurance Card if travelling to one of the 27 European Economic Area countries) and copies of them; email a copy of them to yourself.
  • Check before you go to see whether your hotel or cottage stocks beach toys for children

My grandmother never goes anywhere without a swimming costume and a book – if things are going well, she reasons, she’ll get to use both. This is a wise policy.
Continue reading “Family holiday packing list: the ultimate guide”