OG Bitcoiner Delivers Massive Rant on Current State of Crypto – YMB Podcast E265
You, Me, and BTC
OG Bitcoiner Delivers Massive Rant on Current State of Crypto – YMB Podcast E265
This is episode 265 of You, Me, and BTC – your liberty and bitcoin podcast.
Look, you know we’re not huge fans of CoinDesk nor fans of clicky headlines. But this one got me, hook, line, and sinker:
Enough with the ICO-Me-So-Horny-Get-Rich-Quick-Lambo Crypto
And honestly, it’s a pretty good article (probably because CoinDesk didn’t really write it). It’s a letter from an OG Bitcoiner who is clearly fed up with the way cryptocurrency turned out. …
Volatility has briefly returned to markets post-Christmas, bitcoin currently circling $15,200 according to average trading prices, up from $13,680 Monday but coming down from the day’s high of $15,700.
The move has dampened altcoins, with a mixed bag of gains and losses greeting investors today. Civic, which surprised by posting sudden huge advances from $0.70 to as high as $1.68 in the past 24 hours, has now deflated to around $0.87.
Having a new round of bubble accusations last week as prices dipped below $13,000, bitcoin holders meanwhile are now “more bullish than ever.”
Those are the words of BitGo engineer Jameson Lopp, who led various high-profile supporters voicing their trust in bitcoin’s future and disregarding its current technical shortcomings.
“I’m more bullish on bitcoin today than I have been in the past 5 years. The developments underway that have been made public are only the tip of the iceberg,” Lopp wrote on Twitter Christmas Day.
I'm more bullish on bitcoin today than I have been in the past 5 years. The developments underway that have been made public are only the tip of the iceberg.
— Jameson Lopp (@lopp)
McAfee: Technical Issues Are ‘Trivial’
Also leading the bull charge was John McAfee, who asserted the current status quo of the bitcoin network – a key factor behind criticism from bitcoin Cash (BCash) proponents – was “trivial.”
“I have been a technician all of my life, so if anyone knows, it is me,” he continued. “The world is waiting on consensus for the right solution. bitcoin is still the only guaranteed investment in the crypto world.”
McAfee added separately that by the end of 2018, bitcoin would be “ten times” its current price, still conservative within the context of his .
Technical issues with bitcoin are trivial, including transaction times and costs. I have been a technician all of my life, so if anyone knows, it is me. The world is waiting on consensus for the right solution. bitcoin is still the only guaranteed investment in the crypto world.
— John McAfee (@officialmcafee)
At the same time, the security expert’s recent investment tips for altcoin assets have been roundly online after his picks “almost fully retraced,” as one commentator described.
What do you think about bitcoin’s current price activity? Let us know in the comments below!
The blockchain marketplace for student employment is already gaining traction with a series of universities, even before its main token sale has started.
TEL AVIV, ISRAEL. August 31st, 2017. – BitJob, the blockchain platform that aims to create a global marketplace for student employment, is off to a flying start in both its university partnerships and its token pre-sale.
[Note: This is a press release]
Crypto employment
The project is designed to connect university students with employment opportunities within the digital currency sector, and will shortly be holding its crowd fund. However, even before the formal launch it has garnered significant interest from a series of universities and student groups, signalling a promising future. Like digital currencies themselves, the greater the network effect the more valuable the project becomes for its users – and if the collection of participants to date is anything to go by, BitJob will become one of the primary hubs for recruitment in the blockchain sector.
One of the first participating groups is the , which was founded in September 2016 by founder and developer Aaron Schwartz. The list of universities and groups that have joined BitJob to date also include , , , at Western University, at The Cyprus International Institute of Management (CIIM), and .
Social responsibility
Although the initiative is powered by blockchain technology, BitJob’s significance is primarily social, rather than technical – as Dr Theo Mourouzis, one of the project’s newest advisers and Programme director of the MSc in Business Intelligence and Data Analytics at the Cyprus International Institute of Management (CIIM), explains.
bitJob is an excellent application of Blockchain technology, that utilizes its decentralization, automation and transparency features for enabling students to earn some income while they are studying. It is not the technology aspect that makes bitJob a great idea but more importantly its social responsibility aspect towards the society and especially the group of youngsters enrolled for studies in universities. It is not only the disruption that it brings in the job-seeking space but the direct elegant solution that it offers that allows students with primarily no solid professional experience to earn a leaving and employees that have an opportunity to search for fresh minds, hungry to show their skills. This directly contributes towards the great gap that exists between demand and supply for technical skills that exists nowadays.
– Dr Theo Mourouzis, CIIM
Mourouzis, who is also Research Fellow at University College London’s Centre for Blockchain Technology, has extensive international consultancy experience in data science, blockchain and information security. In 2013, he was a member of the UCL security group that was awarded the first prize in the UK Cyber Cipher Security Challenge among UK universities. ‘The passion and the great knowledge of the founding members about technology and especially blockchain and security convinced me to become a member of this project from the first minute’ said Mourouzis. ‘As an advisor at bitJob, I make sure that all security standards and best practices are followed contributing towards the solidity of the final product and design.’
BitJob raised $1.5M USD in the first week of its token pre-sale, which ended on 16 August.
The official STU token sale will begin on 12 September.
Cardano Price Gains Another 11% on the Road to $0.05 It would appear the bullish market momentum which materialized yesterday, has not relented as of yet. A bit of a surprising development, but a positive […]
