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      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nHere is similar content:\nhttps://steemit.com/wings-dao/@acidsun/daos-will-rise-from-the-ashes",
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      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 11.9 and reading ease of 54%. This puts the writing level on par with Michael Crichton and Mitt Romney.",
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      "title": "\"DAOs will rise from the ashes\"",
      "body": "https://cdn-images-1.medium.com/max/800/1*r6T0efNj01Vog9bzAdANYw.jpeg\nTheDAO has been hacked, now what?\n Over 3M of Ether ($50M at the time of the event) were siphoned out of TheDAO smart contract, and some claiming that it was within the contract’s rights to do this since the smart contract code was described as the final arbiter.\nThe Ethereum leadership response was swift with the proposal of soft and hard fork in order to reclaim the funds, however accompanied with a costly effect of shuttering the decentralization promise and the potential risk of alienating users and companies from ever using the public blockchain again.\nThe drama continues with Ethereum experts launching white-hat attacks against the remaining TheDAO funds, in order to safeguard the remaining Ether as much as possible. Moreover, further white-hat attacks are planned against the contracts which hold the coins from the initial exploits, in order to recover the funds that were managed to be captured using the exploit. There is a cautious optimism in the air now, however it still remains to be seen how everything will play out.\nWhere WINGS stands on this whole matter?\nDespite being quiet on the matter, we have closely followed this from the start on Friday to this very moment. We also have extensively communicated with blockchain experts and security researchers, in order to have the best understanding of the situation and the ways to prevent it.\nAs our goal is to allow mainstream companies to launch secure and easy to manage decentralized autonomous organizations (DAOs), we must absolutely avoid even a hint of a possible compromise. Therefore, before continuing with our own DAO plans, we had to consider all the available options and find the most safe path.\nLet’s start with the most important matter — our personal belief in potential of DAOs to change the way businesses and organizations are launched and operated remains as solid as ever. We believe that the Ethereum team will be able to recover from these events, and enable the community to leave this unpleasant episode behind them.\nMoreover, following this event the fledgling blockchain 2.0 industry consisting of companies, developers and users will become stronger and wiser as the result. Those writing smart contacts are learning the lessons of this event in order to establish new standards.\nHow Wings DAO is different?\nIt is important to remember that the attack was on a specific DAO, rather than on DAOs as a concept. Considering all DAOs unsafe now is like considering that any software attack makes all the software in the world not safe.\nWINGS will not act as a decentralized venture capital fund (similar to “The DAO”), and any funds gathered will be used to develop and promote the WINGS DAO platform, with no dangerous funds manipulation options such as splitting.\nEach new DAO created on top of the WINGS platform will be a standalone project. It will issue its own tokens, work according to its own contracts, manage its own funds and have its own governance model.\nSimplicity is key.\nWINGS goal is to be a abstraction layer enabling easy interaction for DAO participants. By having each DAO running using simplified smart contracts will allow for faster code reviews, proofing and testing of contracts. Contract amounts will naturally be lower in real world terms, at least initially.\nWhat WINGS plan to do on the matter?\nFollowing this event, we decided to take a step back and double our efforts on the design of our DAO platform security, in order to ensure such situation may never repeat again.\nWe are planning to implement some unique measures that were not present at The DAO. These measures will include:\nCooperation with Rootstock for secure side-chain DAO’s on Bitcoin\nFederated transactions control\nLawyers participating in smart contracts drafting\nResearch into functional language based smart contracts\nOptional multi-signature for funds release\nUnique contracts and tokens per each launched DAO\nCode auditing by blockchain security experts\nThese and other details will be outlined in the white paper we are working on, which we will be presented for community review.\nConclusion\nBottom line we believe that the DAO Age we declared several weeks ago is alive and kicking. The blockchain 2.0 community will emerge stronger, wiser and more cautious, learning the necessary lessons out of this event in order to ensure it never happens again. People will prefer participating in smaller DAOs focused on concrete projects, rather than pooling funds into a single larger “virtual VC” fund, which provides a more lucrative target to the hackers.\nThis is exactly the area where WINGS will shine, and we can leverage the platform for bridging between the smart contracts technology and mainstream companies and participants, enabling funding of innovative products and services and further evolving decentralized applications ecosystem.",
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      "body": "Intresting :) goodluck dude",
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      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nHere is similar content:\nhttps://steemit.com/steemit/@criptomen/cced-and-steemit-to-launch-crowdfunders-aid-programme",
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      "body": "Interesting post. Well done :)",
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      "title": "Flesch Kincaid Grade Level",
      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 9.7 and reading ease of 65%. This puts the writing level on par with Michael Crichton and Mitt Romney.",
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      "permlink": "cced-and-steemit-to-launch-crowdfunders-aid-programme",
      "title": "\"CCED and Steemit to launch crowdfunders aid programme\"",
      "body": "http://www.coinfox.info/images/news/FM268690_942long.jpg\nThe Projeсt's Corner campaign, referring to the famous Speaker's Corner spot in London Hyde Park, will last until midnight (GMT) of 31 July and is supposed to help beginner startupers to collect funds and get publicity.\n\nThe programme is organised by the blockchain-based social network Steemit and the crowdfunding platform Crypto Coins Exchange Denmark (CCEDK). The projects presented on Steemit will draw Steem-dollars by receiving upvotes and getting comments from the network users who would evaluate the proposals.\n\nTo apply, participants need to submit a brief description of the project in a comment to the post on the Steemit blog. Then they are supposed to spread the word among their friends, encouraging them to register on Steemit and start voting and commenting on the project. Besides, the participants need to make tweets with a link to the project no less than 5 times a day. Presumably, the idea would be noticed by potential customers or investors who may vote for or/and provide feedback on the project.\n\nAs the organisers claim, there will be no losers in this competition except for those who will not get any upvotes at all. Due to the platform’s design, users’ voting will provide the participant projects with some funding. When the vote count is over, the four selected leading projects will take part in one more contest in the last week of August. The prize will be a full-scale crowdfunding campaign (ICO) at CCDK Open Ledger which will last two months. The organisers promise to provide the winner with “full media coverage and worldwide attention.”",
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      "title": "",
      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nHere is similar content:\nhttp://www.coinfox.info/news/reviews/6059-top-5-wallets-to-keep-your-bitcoins",
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      "permlink": "top-5-wallets-to-keep-your-bitcoins",
      "title": "Top 5 wallets to keep your bitcoins",
      "body": "http://www.coinfox.info/images/news/leather-key-case-wallet-1496381_960_720.jpg\nIn 2015, the number of bitcoin wallets has grown twofold exceeding 12 mln. CoinFox reviews five most popular and advanced bitcoin wallets in the world working both online and through mobile applications.\n\nMycelium: \"0% fee, 100% independence, no censorship\"\n\nNumber of wallets: 250,000\nMobile wallet: yes\nCold storage: yes\nUser deanonymisation: no\nCountries: worldwide\nThe Austrian company Mycelium was established in 2008 — even before Satoshi Nakamoto introduced bitcoin to the world! It was first offering hardware for decentralised message delivery and switched to operating with bitcoin soon after the cryptocurrency emerged on the market. “Bitcoin is likewise a decentralised method of transferring messages,” the company’s community manager Dmitry Murashchik says.   \n\nIn April 2016, Mycelium has announced a mobile wallet with updated products and functions to facilitate blockchain assets management, which is also very user-friendly with its one-screen interface.\n\nThe emphasis here is made on security: the wallet users can create a backup copy of their account. The password based on 12 words seed is needed for the user to restore their bitcoins in the case of theft.\n\nMycelium also offers bitcoin-card, USB-device Entropy to generate “paper” bitcoin keys and Swish payment system with fully automated ordering.\n\nIn May 2016, Mycelium completed crowdsale, having sold its 5% share and collected 2,145 bitcoins, which at that time cost around $1.9 mln. Mycelium CEO Alexander Kuzmin said that the funds will be used to update the new application expected to “amaze” its users.\n\nThe wallet is available only for Android and not accessible on PC, which is a significant disadvantage.\n\nCoinbase: convenient – yes, anonymous – no\n\nNumber of users: 4 mln\nMobile wallet: yes\nCold storage: yes\nUser deanonymisation: yes\nCountries: 29 European countries, Canada, USA, Singapore\nFounded by Brian Armstrong in 2012 in San Francisco, this company is one of the most popular bitcoin wallet services in the world, despite the transaction fee.\n\nCoinbase wallet can be integrated with an account in one of US banks and allows to buy bitcoins using debit cards. It does not offer a backup copy of the account but links the wallet to Google ID. There is no key export feature in Coinbase. The security is ensured by two-factor identification, the multisig technology (more than one digital key stored in different forms and different places are used to authorise a bitcoin transaction).\n\nRegarding anonymity, in case you wish to withdraw your money to your credit card, there is none on Coinbase: you will need to provide a screenshot of your ID and other personal data. The company also controls the keys, which does not make many cryptocurrency owners happy.\n\nLast year, Coinbase launched Instant Exchange – the service for automatic bitcoin conversion to fiat currencies, which allows making cryptocurrency transactions independently from exchange fluctuations. It is also possible to pay in online-shops with bitcoins using the Fold Mobile application.\n\nNice bonus: Coinbase allows to exchange bitcoins to dollars or euro quickly with its free euro e-wallet.\n\nBlockchain: store – yes, buy - no\n\nNumber of users: 7 mln\nMobile wallet: yes\nCold storage: no\nUser deanonymisation: no\nCountries: worldwide\nBlockchain company was established in London on 30 August 2011 and enjoys huge popularity. It claims its online-wallets are the most advanced in the world.\n\nThe majority of new Blockchain users come from countries like Argentina or “Eurozone periphery” where people have lost trust in the local financial system. Its success in emerging markets can be explained by the platform’s affordability compared with such services as Coinbase, Circle and Xapo. Unlike them, Blockchain does not allow its clients to buy bitcoins with traditional currency, encouraging to acquire them some other way and transfer to the wallet. By avoiding operations with official currency, the company does not fall under state regulations that cause much trouble to its competitors. \n\nBlockchain wallet is easy to set up and can be used for one-time operations to enhance transactions security. Blockchain does not have access to their clients’ private keys. \n\nSecurity is provided by the two-factor identification using a one-time code, and the opportunity to create backup copies.\n\nCircle: bitcoin to the masses\n\nMobile wallet: yes\nCold storage: no\nUser anonymisation: yes\nCountries: USA, UK, China\nThe American company, the first ever to receive BitLicense, gives its users the opportunity to make instant and free of charge cross-border payments in local currencies. Bitcoin is used as an intermediary currency. According to the company’s forecasts, this year, the volume of transactions through Circle will exceed $1 bln. Six months ago, its subsidiary Circle China was established.\n\nTo promote the adoption of digital currency, in July 2014, Circle granted 0.022 BTC (around $10) to everyone who signed up to its beta-version website.\n\nIn 2015, Circle launched a new bitcoin wallet based on Android and allowing to make NFC contactless payments. Like Coinbase, Circle also requires user authentication. There is an inconvenience, though: weekly operation amount for new users is limited to $300. It can be increased to $3000 later. Users also complain about numerous check-ups and transaction delays.\n\nThe wallets security is ensured by multicomponent signature. Bitcoin accounts are also completely safe from hacker attacks and theft.  \n\nFrom 2015, Circle Pay application supports debit and credit card transfers. It is also possible to make transfers from bank accounts, however, the transfer may take several working days.\n\nXapo: the cave of digital treasures\n\nMobile wallet: yes\nCold storage: yes\nUser anonymisation: yes\nCountries: worldwide\nXapo, another European in our top 5, is a Swiss company offering bitcoin wallets together with cold storage and cryptocurrency debit cards.\n\nIts CEO Wences Casares became interested in bitcoins due to financial instability in his native Argentina. He believes that cryptocurrencies like bitcoin “could do something with the chaotic nature of the world economy.”\n\nCasares bought his first bitcoins back in 2011, but did not manage to find a way to store them, so he built an underground repository for himself. Later on, his friends and financial institutions behind them asked Casares the favour of using his vault to store their cryptocurrency. These days, Xapo Vault repository comprises several autonomous servers located in underground bunkers with armed security and biometric access. Their location is undisclosed. The company has no access to the funds stored on the servers. Among the advantages are also fast operation and low fees.\n\nAs for the disadvantages, they include the company’s access to user private keys, lack of instant balance update, slow SMS verification and poor technical support. Users also complain about access to their wallets being blocked without reason. The wallets work online and through a mobile app allowing to transfer funds to Xapo Vault and back. Bitcoin wallet is paired with a plastic payment card, which, however, requires a real phone number for registration.",
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      "author": "rickydevil",
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      "body": "Nice @dred \n Shot you an Upvote :)",
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      "author": "dred",
      "permlink": "sredits-to-serve-uk-public-sector-with-blockchain",
      "title": "Сredits to serve UK public sector with blockchain",
      "body": "http://www.coinfox.info/images/news/Towers.jpg\nThe fintech start-up has become the first officially approved provider of distributed ledger services for the British government.\n\nThe company has been given a green light to offer its blockchain solution for public sector agencies. It works on the “platform as service” principle providing tools that allow customers to develop, run and manage applications without the challenge of building and maintaining a wholly new infrastructure.\n\nAccording to the Credits' press release, this kind of service may be used by “organisations across the UK public sector including central and local government, the devolved administrations, health, education, emergency services, defence, and not-for-profits such as housing associations and charities.”\n\nEarlier this year, the British government published an official report revealing the potential of blockchain technology to save millions of pounds by preventing fraudulent welfare payments. It has already started testing a new app which allows to see if welfare money is properly spent. Also, in the near future, blockchain applications may be implemented for more efficient exchange of medical data between doctors, fellowship payments and identity registration. In addition to that, in July the British Parliament held the first large-scale discussion concerning the introductions of national cryptocurrency.",
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      "author": "cheetah",
      "permlink": "re-bitcoin-users-suggest-removing-coinbase-from-recommended-wallets-list-20160802t051049",
      "title": "",
      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nHere is similar content:\nhttp://www.coinfox.info/news/6065-bitcoin-users-suggest-removing-coinbase-from-recommended-wallets-list",
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      "author": "redredwinewine",
      "permlink": "bitcoin-users-suggest-removing-coinbase-from-recommended-wallets-list",
      "title": "",
      "body": "Nice @dred \n Shot you an Upvote :)",
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      "author": "isaac.asimov",
      "permlink": "re-bitcoin-users-suggest-removing-coinbase-from-recommended-wallets-list-20160802t051028",
      "title": "Flesch Kincaid Grade Level",
      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 12.9 and reading ease of 47%. This puts the writing level on par with academic journals.",
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      "parent_permlink": "bitcoin",
      "author": "dred",
      "permlink": "bitcoin-users-suggest-removing-coinbase-from-recommended-wallets-list",
      "title": "Bitcoin users suggest removing Coinbase from recommended wallets list",
      "body": "http://www.coinfox.info/images/anonymous5.jpg\nA number of crypto enthusiasts are dissatisfied with the platform’s previous statements in support of the Bitcoin Classic hard fork and unwillingness to work with Ethereum Classic.\n\nSome bitcoin community members suggest excluding Coinbase from the list of recommended cryptocurrency wallets at bitcoin.org due to the growing number of complaints about the platform.\n\n“In the light of recent events I would like to reopen the discussion on removing Coinbase from the \"Choose your Wallet\" page [on Bitcoin.org],” the user nopara73 from Hungary wrote on GitHub portal.\n\nHe believes that the behaviour of Coinbase management discussed among bitcoin enthusiasts these days, including the company’s refusal to allow users withdrawing assets in ETC and delays in the issue of funds from accounts, raises many questions.\n\nThis opinion was supported by a number of community members, including the notorious Cobra-Bitcoin, the anonymous user who suggested “to alter the bitcoin white paper” by Satoshi Nakamoto.\n\n“I support removing them. Their leadership keeps making bad decisions and they always seem to be trying to undermine Bitcoin in some way (XT, Classic, Ethereum, etc). I don't know why any sane person would use their services. It's not really the sort of company we should be pushing new users too, Coinbase is too irresponsible and keeps forgetting that they're essentially a bank and shouldn't be behaving like a careless startup keen to \"move quick\". I'm very glad more people are starting to realize the truth about Coinbase,” Cobra-Bitcoin wrote.\n\nWho stands behind this username is anybody’s guess. There are several versions: some believe that Cobra-Bitcoin is a developer at Blockstream, the company that was earlier repeatedly suspected of plotting against the decentralised nature of the system.\n\nBut this theory was refuted by one of Blockstream representatives Greg Maxwell, who wrote in the Reddit trend that Cobra-Bitcoin is neither the company’s employee nor one of the Bitcoin Core developers.\n\nAt the same time, it was noted that Cobra’s signature is present along with those of many famous bitcoin community representatives the 2015 roadmap concerning the bitcoin system capacity increase. An ordinary bitcoin user would hardly be able to attend that meeting in Hong Kong, the more so to sign the document.\n\nSome users point at another bitcoin enthusiast, Theymos, famous for his harsh statements about various aspects of bitcoin industry. These guesses are based on the fact that both of them are bitcoin.org domain owners.\n\nThe idea to exclude Coinbase from the recommended wallets list has been likewise supported by some Bitcoin Core developers — Peter Todd and Jonas Schnelli. The latter, in particular, suggested a “warning mode” for Coinbase, not deleting them from the list completely but making the icon less bright and adding a warning sign with an explanation why Coinbase is deactivated.",
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      "author": "daysmega1421",
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      "body": "Nice @dred \n Shot you an Upvote :)",
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      "parent_permlink": "social-network-yours-to-earn-bitcoins-immediately-after-launch",
      "author": "isaac.asimov",
      "permlink": "re-social-network-yours-to-earn-bitcoins-immediately-after-launch-20160802t044525",
      "title": "Flesch Kincaid Grade Level",
      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 11.6 and reading ease of 54%. This puts the writing level on par with Michael Crichton and Mitt Romney.",
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  "op": [
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      "parent_permlink": "network",
      "author": "dred",
      "permlink": "social-network-yours-to-earn-bitcoins-immediately-after-launch",
      "title": "Social network Yours to earn bitcoins immediately after launch",
      "body": "http://www.coinfox.info/images/People/09-Hands.jpg\nThe new decentralised social network will use the cryptocurrency to reward content creators and those who help promote the platform. It plans to start generating revenue from its first working day.\n\nThe users of the platform will be able to send micropayments as little as 0.05 US cents to publishers of interesting content. Furthermore, as Steven McKie, Yours Operations Manager, told BraveNewCoin, early supporters of popular content will get a share from subsequent tips. Thus, not only content creators but also those who upvote the content can earn some bitcoins. Users can also earn money if they post an off-site link to the platform or endorse such a link.\n\nNot only payments but also user identities will be decentralised, according to McKie. However, users will be able to control their data and their private keys, enabling them to take their money out of the platform at any point. The company intends to compete for the leading place among similar projects. Says McKie:\n\n“No matter where on the web the content comes from, we want Yours to be the destination for where you come to monetize that content.”\n\nA social network based on similar principle, Steemit, launched in beta version in May, has achieved great suсcess, attracting a large number of customers and bringing its cryptocurrency, Steem, to the third place by market cap in the blockchain ecosystem after bitcoin and Ethereum. However, the creators of Yours are sceptical. Аccording to Ryan X. Charles, the leader of the project,\n\n“Although we are delighted to see blockchain social media a reality, we worry that Steem can’t last. The burden of building not just a community and a technical platform, but also a novel cryptosystem and supporting economy, is extremely high. Security and scaling problems with their blockchain have a smaller team of experts incentivized to solve them, so solutions will come slower. Companies and services such as wallets and exchanges will be fewer in number and less featureful. When they encounter regulatory issues, they will have fewer allies.”\n\nHe believes that if a blockchain-based social network is to be built there is no alternative to bitcoin with its powerful ecosystem and a “huge number of open-source contributors and companies.”\n\nThe company will receive a portion from every payment so it plans to generate revenue “from day 1” of its launch. McKie claims Yours enjoys “overwhelming interest” from investors. It plans to make a decision on funding in the near future and launch the social network later in the year.",
      "json_metadata": "{\"tags\":[\"network\"],\"image\":[\"http://www.coinfox.info/images/People/09-Hands.jpg\"]}"
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      "author": "msjennifer",
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      "title": "",
      "body": "Interesting post. Well done :)",
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      "permlink": "re-stimiantsy-fry-and-whales-20160802t043208",
      "title": "Flesch Kincaid Grade Level",
      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 14.6 and reading ease of 45%. This puts the writing level on par with academic journals.",
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      "parent_permlink": "steemit",
      "author": "dred",
      "permlink": "stimiantsy-fry-and-whales",
      "title": "Stimiantsy, fry and whales",
      "body": "http://bitcoin-life.ru/images/Steemit.png\nIN a sense, if we remove from the architecture and blokcheyn cryptocurrency platform, Steem would be similar to the online community, and open a joint production company hitRECord, founder and head of which is Joseph Gordon-Levitt.\n\nOne significant difference between platforms and steemit.com hitRECord is the emphasis on the last cooperation. Since the purpose of Steem is the community itself and its construction, each \"stimianets\" - is still a manufacturer of its own content, which quality is checked sequentially community. If re-use the terminology Hesmondhalgu, Steem both characterized and cooperation, and competition (as opposed to Wikipedia, for example). Members steemit.com, in fact, divided into two groups - the \"whales\" and \"fry\" - that is, the large and small stakeholders, which are distinguished by the fact of how many votes they have and, consequently, by the role they play in determining the popularity of the published posts and compensation for them. Voting at steemit.com platform (which is possible as a vote \"for\" lifting post the list, as well as the voice of \"against\", lowers the level of fasting) has so far been one of the trickiest aspects of the internal life of the platform. Perhaps this is why people have started to experiment with different scenarios, analyzing and tricks aimed at getting more profit from their publications.\n\nWhat is certain, however, is the fact that Steem platform has become a sensation in just two months after emergence, and therefore the question of whether someone likes it or not philosophy, is not so important. Much more important is to understand it and the success it has achieved to date.",
      "json_metadata": "{\"tags\":[\"steemit\"],\"image\":[\"http://bitcoin-life.ru/images/Steemit.png\"]}"
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      "permlink": "re-dred-brave-software-raises-usd4-5-million-in-seed-investment-20160802t040819523z",
      "title": "",
      "body": "I'm definitely looking forward to the death of the modern advertising industry!",
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      "author": "isaac.asimov",
      "permlink": "re-market-price-trading-week-30-bitcoin-market-price-trading-analysis-20160802t040308",
      "title": "Flesch Kincaid Grade Level",
      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 6.6 and reading ease of 74%. This puts the writing level on par with Stephen King and Dan Brown.",
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      "parent_permlink": "bitcoin",
      "author": "dred",
      "permlink": "market-price-trading-week-30-bitcoin-market-price-trading-analysis",
      "title": "Market Price Trading Week 30\"Bitcoin Market Price Trading Analysis\"",
      "body": "In this week’s bitcoin market price trading analysis, the focus is on the last 72-hrs. There has seen a large sell-off in Bitcoin.\nThe price hit a low of ZAR 8,575 after essentially trading sideways for most of the last week of July.\nMost of the Bitcoin press is attributing the rapid decline to a ‘secret meeting’ between leading mining firms and developers of Bitcoin Core.\nIn reality these sort of sell-offs happen in Bitcoin from time-to-time. It is always pure speculation when attributing them to a single event.\nHowever, this price action certainly did catch a lot of traders off-guard.\nhttps://ice3x.co.za/wp-content/uploads/2016/08/Market-Price-Trading-1.png\n\nThe long-term bull-patterns in the market are well established. A charge on to new all time highs can never happen in a straight line. After sideways trading for a while, most were expecting a break-out to the upside. Markets are rarely if ever rational.\nBitcoin Market Price Trading as Reaction to Hard Fork?\nTalk of a Bitcoin Hard Fork has resurfaced. This is following an extended period where scaling concerns seemed to have faded into the background.\nThis comes at the same time as Ethereum’s highly publicised hard fork and the unexpected outfall from that.\nRight now Ethereum exists as 2 viable chains with significant market cap and hashing power. Few were expecting that.\nSo Hard Fork, just as a term, is very contentious. Any talk such talk is likely to make markets nervous.\n Follow\nThe scaling roadmap for bitcoin involves implementation of segwit, improvements to the relay network, some other minor changes, then a hard fork sometime in the next 2 years.\nWith a Hard Fork on Bitcoin’s medium term horizon, markets will likely be nervous and unstable for a while. How the hard fork plays out in Ethereum will likely impact people’s perceptions of hard forks generally. This will have a flow affect to Bitcoin.\nBitcoin Market Price Trading and Forecast\nIf the downward trend continues, the next level to retest is ZAR 8,200 – ZAR 7,800 . From there we can expect to find significant and strong price support.\nIn the short term our charting indicates that traders should expect the down trend to continue.\nOur patterns indicate a larger consolidation that could see the price heading to lows below USD 500 in the coming months.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"image\":[\"https://ice3x.co.za/wp-content/uploads/2016/08/Market-Price-Trading-1.png\"]}"
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  "timestamp": "2016-08-02T03:51:45",
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    {
      "parent_author": "dred",
      "parent_permlink": "an-ode-to-the-ipod-classic-what-the-click-wheel-taught-us-about-listening-to-music",
      "author": "virtualgrowth",
      "permlink": "re-dred-an-ode-to-the-ipod-classic-what-the-click-wheel-taught-us-about-listening-to-music-20160802t035146486z",
      "title": "",
      "body": "I still have my iPod. :)",
      "json_metadata": "{\"tags\":[\"music\"]}"
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      "author": "rickydevil",
      "permlink": "an-ode-to-the-ipod-classic-what-the-click-wheel-taught-us-about-listening-to-music",
      "title": "",
      "body": "Nice @dred \n Shot you an Upvote :)",
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  "op": [
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      "parent_author": "dred",
      "parent_permlink": "an-ode-to-the-ipod-classic-what-the-click-wheel-taught-us-about-listening-to-music",
      "author": "isaac.asimov",
      "permlink": "re-an-ode-to-the-ipod-classic-what-the-click-wheel-taught-us-about-listening-to-music-20160802t034702",
      "title": "Flesch Kincaid Grade Level",
      "body": "Hi! This post has a <a href=\"https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests\">Flesch-Kincaid</a> grade level of 13.4 and reading ease of 55%. This puts the writing level on par with academic journals.",
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{
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      "parent_permlink": "music",
      "author": "dred",
      "permlink": "an-ode-to-the-ipod-classic-what-the-click-wheel-taught-us-about-listening-to-music",
      "title": "An Ode to the iPod Classic\"What the click wheel taught us about listening to music\"",
      "body": "https://cdn-images-1.medium.com/max/1200/1*idHCHF4s1abq9hDonG-07g.jpeg\n\"wow,” a man said to me recently on the subway, “I haven’t seen one of those things in years.” He gestured toward the scuffed-yet-still-sleek, aluminum-colored rectangle in my hand — a 160GB sixth generation iPod Classic. I blinked for a moment. We were not talking about, say, a quill pen, a monocle, or a bottle of Crystal Pepsi, but an electronic device I had purchased in 2010.\nI knew what he meant, though. Technology moves at hyperspeed. Apple has created and helped universalize a particular kind of planned obsolescence — its products have to go out of fashion and/or break every few years, to ensure you’ll buy a newer one — and as a result, in the eyes of the general public, Last Year’s Model has never looked like more of an antique. The Museum of Modern Art recently hosted an exhibit called “Making Music Modern: Design for Ear and Eye,” which showcased the successive innovations in music players over the past century or so. As I strolled through, the piece that stopped me in my tracks and made me think, wow, look at that dinosaur! was not an old Victrola or a bulkily primitive jukebox — but a first generation iPod, circa 2001, complete with a clunky pre-touch click wheel and (get this) a FireWire port. “Nothing in the world,” writes Ben Lerner in his 2014 novel 10:04, “is as old as what was futuristic in the past.”\nOn September 9, 2014, Apple announced that it would no longer be making the iPod Classic. For a seemingly all-powerful corporation, its reasoning was uncharacteristically defeatist: “We couldn’t get the parts anymore, not anywhere on Earth,” Apple CEO Tim Cook later explained. “It wasn’t a matter of me swinging the ax, saying ‘what can I kill today?’ The engineering work was massive, and the number of people who wanted it very small.”\nWell, relatively small. He was not wrong about the low sales numbers — especially when compared to a product like the iPhone, which essentially ended the need for a separate mobile music player. But in the weeks after Apple killed off the Classic, something unexpected happened: Used iPods started selling for double, triple, even quadruple their original retail price on eBay. By December, a characteristically melodramatic Daily Mail headline enthused: “iPod Classic which is THREE YEARS OLD is Apple’s hottest item this Christmas.” The Apple Watch never stood a chance.\nWho would fork over up to $1,000 (or more; a factory-sealed seventh gen is listed for $1699 on eBay right now) for an old, obsolete MP3 player except a stick-in-the-mud Luddite, resistant to our inevitable progress toward a cloud-based future? I’m not sure. But I think these people were onto something.\n\n\n“When I’m searching for something to listen to on Spotify, I feel like I end up listening to the same albums and artists again and again,” my friend Becca wrote in an email, after I asked a handful of acquaintances about their post-iPod listening habits. “My brain by itself isn’t good at cataloguing everything I love.”\nThe psychologist Barry Schwartz has written (or, if you don’t have too much time on your hands, has TED-Talked) about a related phenomenon he calls “paradox of choice” — the notion that, although we tend to think of freedom of choice as an inherently good thing, too much choice can leave us feeling paralyzed and anxiety-ridden. “With so many options to choose from,” he says, “people find it very difficult to choose at all.” I personally have proven this theory many times over in the past few months, when I’ve stared for a few moments at the infinite void that is the Apple Music search bar and decided, “I guess I will just listen to Pablo or Lemonade again.” Another friend I emailed summed up the Paradox of Digital Music Listening succinctly: “With device-bound listening, I absolutely feel limited by [storage] space. With streaming, I feel limited by my own memory.”\nCatherine Moore, an adjunct professor who studies music technology and digital media at the University of Toronto, agrees with this assessment. “People just don’t know where to start,” she says of listening in the streaming era. Moore also pointed me to Harvard Business School professor Anita Elberse’s much-discussed 2013 book Blockbusters, which explores the business decisions behind massive entertainment hits. “Her findings showed that this enormous proliferation of choice has actually made big, giant hits even bigger.”\nSchwartz’s theory posits that there’s a sweet spot: “Some choice is better than none, but it doesn’t follow from that that more choice is better than some choice. There’s some magical amount, I don’t know what it is.” Streaming services are currently on a quest to find that magic number: Think of the new fixation on “discovery,” curation, and tastemaker-created (or algorithm-created) playlists. Last month, The Ringer’s own Victor Luckerson wrote a piece about Spotify’s popular “Discover Weekly” feature, noting that the company “initially tested a 100-song version of the feature but found that combing through that many songs was exhausting for users.” It took off once Spotify whittled that down to a more manageable 30 songs.\nIn terms of device storage capacity, I think the magic number was, for me, 160GB — the size of my iPod Classic. Large enough that I was never worried about running out of room, but small enough for my device to feel manageable and personally curated. Ryan, another friend who I emailed, remembered iPod libraries as “great conversation starters.” He mused, “It was nice to feel like you could showcase your curated collection of music to friends via an iPod … often someone had a Neil Young rarity or a friend’s unreleased record, so each one seemed pretty intimate and personal.”\nI’m already dipping a toe into the realm of nostalgia and sentimentality — so let’s just dive in. My still-functional iPod bears the grubby fingerprints of the person I was from roughly 2010 until the end of 2014 (when my old laptop kicked the bucket and I stopped updating my device). It contains 323 songs by the Mountain Goats, 153 by Pavement, and, solely for the purpose of impromptu living room dance parties, one by the Quad City DJ’s. (You’ll never guess which!) There are playlists for specific crushes and specific breakups, titled so cryptically that only I will ever know who they’re about. (One begins with Hole’s “Violet” and ends with Kelly Clarkson’s “Since U Been Gone,” as every breakup playlist should be legally mandated to.) Glitches and imperfections in the files have fused with my remembered melodies of these songs; in my mind, the opening bars of Katy Perry’s “Firework” contain the foreign-language radio tag from the sketchy Japanese website I illegally downloaded it from. Certain hastily assembled On-the-Go playlists conjure, so vividly in my mind, exactly Where-I-Was-Going the day I made them.\n\nSure, our phones might hold some of this sentimental junk, but unless we’ve sprung for one with a massive amount of storage space, we’re constantly having to clear them out to make room for the new. And in a larger sense, we’re now fully immersed in the Snapchat era, in which our digital footprints are becoming more and more ephemeral — if only to make room for the humongous amount of data we all generate in any given day. At the risk of sounding like a total geezer, I can’t help but feel that we’ve long since crossed the threshold of that magic number, into the realm where there’s simply too much music, too many tweets, too much stuff out there to feel anything but overloaded and paralyzed almost all of the time.\n\n“The best thing about the iPod was that when I was listening to music, that was all I was doing,” wrote my friend Miriam. “When I’m listening to something really beautiful [on my phone] and it fades out for a phone call, I get a little upset at whoever called me.” (There is, of course, the iPhone’s Do Not Disturb button, but in my experience that can be flicked off just as easily as it can be flicked on.)\nIn the tech world, everything is moving toward multifunctionality. This shift, in some sense, is physically liberating: If your smartphone can play music and send/receive phone calls and texts (get you a phone that can do both), what’s an iPod but one more device weighing down your bag? At the same time, this shift makes immersive, distraction-free listening feel, more and more, like a thing of the past. A few years ago, Pulp frontman Jarvis Cocker observed this dynamic in an interview with The Guardian. “People still listen to [music],” he said, “but it’s not as central. It’s more like a scented candle. It sets the mood… I think people like things that just make the right kind of noise, but leave your brain free to do something else.”\n\nMoore says something is lost in this shift. “It makes it harder for new music — especially new music that is a little unusual — to get people’s attention,” she says. Listening on multifunction devices favors repetitive, unchallenging songs that you don’t need to use much of your brain to process — Cocker’s “scented candle” music. Moore, though, notes that it’s that more challenging, less predictable music (like, say, Kendrick Lamar’s To Pimp a Butterfly) that over time provides listeners with the greatest rewards. “Often, of those types of songs, people will say that when they first listened to it they didn’t get it, or didn’t particularly like it, but then as they listen more, it becomes their favorite song,” she says. “And those songs take some concentration.”\n\nWhen I listen to my iPod these days, it gives me the small but subversive thrill of going against the grain — not only rejecting the hectic, multitasked rhythm of smartphone life, but also pushing back against a digital marketplace that’s trying to instill in me loyalty toward certain streaming services rather than the music and the artists themselves. When I’m listening to my iPod I am, at least for the moment, opting out of the Streaming Wars, which — as services like Apple Music and Tidal compete for “exclusive” songs walled off to subscribers of their competitors — increasingly feels like a losing game for the listener. (Let’s conveniently put aside the fact I gave Apple Music’s parent company a couple hundred bucks to buy the device in the first place.) It would have seemed insane to suggest this in the early-aughts, when the iPod seemed like an emblem of our cultural overload (“1,000 songs in your pocket!”) but using an iPod in the age of the smartphone almost feels like an act of meditation. I’m slowing down, tuning out, placing my life — for the length of an album or even a single song — in Do Not Disturb mode.\n\nTo plenty of people, the desire to do that will seem silly, absurd, even old-fashioned. Fair enough. In my brief survey, I noticed that the ones who expressed the most nostalgia for the iPod Classic were — and this is a term I use with both love and self-identification — the music nerds: Friends I made at my college radio station, as well as other people who make, listen to, or write about music for a living. And unless Tim Cook stumbles upon an elephant graveyard of unused iPod parts anytime soon, this niche group will be the ones who still evangelize the iPod long after its death, and even pay through the nose for new or refurbished ones when their own needs replacing.\nThe iPod Classic is now becoming what vinyl was a decade or two ago — not when vinyl became cool again, but during the CD era, when it seemed obsolete to everyone but collectors and music snobs. Which is to say that the iPod’s “vintage” resurgence is probably inevitable. Rest in peace, sweet iPod Classic. See you at Urban Outfitters in 2036.",
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