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      "body": "![IMG_1107.JPG](https://steemitimages.com/DQmX7U6pt6qCGhDYMoPoLxSJCbeF4KykZYSstHvzFAUb36L/IMG_1107.JPG)\nTECH INSIDER\n \nEthereum's cofounder used the cryptocurrency to disprove fake news stories about his death\n Business Insider UK\nRob Price\n16h 6,569\nvitalik buterin ethereum\nVitalik Buterin, not dead. Not even slightly dead. Pretty much entirely alive.Vitalik Buterin/Twitter\nVitalik Buterin really wants you to know that he isn't dead.\n\nWhy?\n\nBecause Buterin is the cofounder of Ethereum, a bitcoin-like cryptocurrency that is wildly buzzy right now - and over the weekend, he was targeted by a hoax that claim he died in a car crash.\n\nAn article published on the website Vionews wrote: \"The victims in the crash have been identified as Vitalik Buterin, co-founder of Ethereum, and 34-year old Travis Sellmon. Police told Local News two vehicles were involved in the crash that injured five people and killed two. Officers confirmed the Vitalik and Travis were travelling in separate vehicles.\"\n\n\nBut it's not true, and the article has since been deleted. (Rumours were also spread via the imageboard 4chan.)\n\nButerin, meanwhile, took to Twitter to emphasise his continued existence - and used his creation Ethereum to do so.\n\n\nTo understand the tongue-in-cheek selfie above, you need to understand a little about how Ethereum - and other cryptocurrencies like Bitcoin - work. They don't have a central bank, and instead rely on a public ledger of all transactions shared between all the participants on the network. These are secured with complex cryptography, and the \"blocks\" have unique hashes.\n\nThat's what Vitalik included in his selfie. It's impossible to find out the hash for a block before it exists, so by posting it, it demonstrates that he wasn't dead at the time that it was created - shortly before midnight on Sunday, June 25.\n\nIn short: It's a really nerdy equivelant of holding up today's newspaper to prove you're still alive.\n\nOver the last day the price of Ethereum has crashed 11%, down to around $270. Last week, there was also an Ethereum flash crash, with the price plummeting from $290 to 10 cents in a matter of minutes, before rebounding. Cryptocurrency markets are frothy and have recently set all-time-highs, amid concerns among some investors of a bubble.",
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      "body": "I think there are a huge number of uncertainties about the market. The rise of better coins will put serious pressure on bitcoin. I have no doubt that as the first market leader, and with a limited output, it will have a golden glow even years from now. 1 million $? That would be great to see, but I wonder if the world is ready for that level of value!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cointelegraph.com/news/bitcoin-price-will-hit-250000-by-2020-if-seven-year-trend-continues",
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      "body": "BitGo Software Engineer Jameson Lopp revealed that if the seven-year trend of Bitcoin price continues, Bitcoin will be valued at around $250,000 by 2020.\n\nLopp calculated the seven-year trend of Bitcoin price based on daily value change. With the exception of 2014, which was affected by the downfall of now-defunct Mt. Gox, Bitcoin has continuously recorded positive daily value change since 2010.\nIn the past three years, Bitcoin price has increased exponentially, surging by 0.09, 0.22 and 0.66 percent in 2015, 2016 and 2017 respectively on a daily basis. In 2017, Bitcoin price increased by 0.66 percent on a daily basis, as Bitcoin price surged from $980 to $2750 within a six-month period.\n\nIf Lopp’s Bitcoin daily gain since 2010 is considered, by 2020, Bitcoin price should reach $250,000. This, of course, assumes that Bitcoin price will increase at an average rate of 0.42 percent on a daily basis.\n\nBitcoin’s value cannot be predicted based on a linear calculation and graph. Bitcoin’s growth in terms of user base and market cap is exponential and because of it, Bitcoin price can’t be calculated with one certain formula.\n\nNon-linear\nHowever, Lopp stated that the miracle of compound interest makes the $250,000 by 2020 calculation nonlinear.\n\n“It's not linear due to the miracle of compound \"interest.\" 0.42 percent of tomorrow's value is > 0.42 percent of today's value,” said Lopp.\n\nMedia\nAs we reported, an increasing number of mainstream media outlets and analysts have started to compare Bitcoin and its growth to that of reserve currencies and major assets such as gold.\n\nMost recently, ABC News, a national news service in Australia produced by the Australian Broadcasting Corporation, and The Wall Street Journal have been offering extensive coverage on Bitcoin price by comparing the cryptocurrency to the performance of the US dollar, euro, Japanese yen and British pound.\n\nAlan Silbert, senior vice president at Capital One Healthcare and founder of BitPremier, revealed that the traditional Wall Street Journal newspaper demonstrated the growth chart of gold and Bitcoin on its front page as interest and demand toward Bitcoin have been on the rise.\n\nIf scaling issues of Bitcoin become resolved and more investor begin to purchase Bitcoin as both a digital currency and digital gold, it is possible for Bitcoin to grow at the predicted rate of Lopp. In fact, Xapo CEO Wences Casares shared that Business Insider CEO Henry Blodget recently claimed Bitcoin price could go up to $1 mln.![IMG_1106.JPG](https://steemitimages.com/DQmabiqomdvgdLQLFBmQHYYyb1Ke8QuxmaPJqPt4ngyhudt/IMG_1106.JPG)![IMG_1106.JPG](https://steemitimages.com/DQmabiqomdvgdLQLFBmQHYYyb1Ke8QuxmaPJqPt4ngyhudt/IMG_1106.JPG)",
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      "body": "![IMG_1105.JPG](https://steemitimages.com/DQmVK3oPMG2GN9DuNGFZRLT8DqRVQuGjwtK7JQqG8wYpWyB/IMG_1105.JPG)\nBeyond $20 Million: Can The International 2017 Set A New Record For Biggest Esports Prize Fund?Robert DellaFave, April 27, 2017 08:24 PDT@DivergentGamesInternational 2017 prize pool\nContents [hide]\n1 Growth of The International slowing\n2 Many variables at play\n3 It may all come down to Valve\nThe picture for The International 2017 is rapidly coming into focus.\nIn late March, Valve confirmed that the world’s largest annual Dota 2 tournament would be taking place August 7-12 at KeyArena in Seattle. That’s where it has resided for the past four years. Tickets went on sale via Ticketmaster on April 4.\nWith the stage set, all eyes now turn to the prize fund. Traditionally, Valve seeds $1.6 million toward the prize pool, and then raises the rest via digital compendium or Battle Pass purchases, with a portion of the proceeds added to the prize pool.\nLast year, the campaign generated a record-breaking $19.17 million, vaulting the total prize pool to over $20.7 million.",
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