When reality outdoes fiction

Excellent ink painting of recent creation, recreating a typical scene of the events that happened and still happen in what some call “Civilized Democratic Society” …
The author wanted to reflect a peak moment in which Catalan protesters protect themselves from the rain of rubber balls thrown by the “security” forces of the Spanish state.

  • Creation date: Week from October 14 to 20
  • Place: Barcelona, Catalunya, Western Europe
  • Author: myself after “stealing” the following twitter photo:

Sometimes, the effect caused by a painted image, oil, ink or pencil, is greater … We tend to think that a painting is almost fiction so we tend to contemplate it more closely.

Undoubtedly, the photo is much better than my gross electronic modification using a simple image editor but I’m sure you’ve been attracted to the painting, haven’t you?

Now, I want you to think deeper on the Catalan conflict… What’s your opinion about?

would not we deserve to be listened? Not only by the Spanish Government but also by International Community…

Do you think is fine to maintain this situation getting worst day after day?

@toofasteddie

When Children Cry

There is something about the cry of a child that adults immediately react to

It’s instinctual.

No matter how civilised we like to think we are, humans are essentially still just cave people, albeit cave people with fancy clothing, table manners (some of us) and cellphones.

Our basic biological imperatives remain the same: take what is mine and I’ll hit you; seek physical and emotional security; kill that which threatens you – nothing changes. The cry of a child puts adults on edge, millennia of evolution have conditioned us to rush to the defence of a threatened child, it’s how we have survived. Men out there will be able to relate: the scream of a women in distress has the same spine-chilling effect that immediately mobilises you into action.

Our caveman inner-self is only ever a veneer of civilisation away, and all it takes to bring our animalistic proto-self to the fore is some pressure.

But this isn’t a post about biology, psychology and the evolution of humanity – it’s a post that’s making a point: that we are conditioned to react to a child in distress.

There is something about the cry of a child that adults immediately react to…
…and there are those who would abuse that

So when little Greta Thunberg stands in front of the world and berates world leaders on the topic of climate change – ask yourself “What is really happening?”

No.

This is not another pro-Greta/anti-Greta post, there are already FAR too many of those! Read on…

Back in 1990

Prior to the Gulf War, a 15-year-old Kuwaiti girl stood up and testified in front of the United States Congressional Human Rights Caucus. Her name was Nayirah, and what she said came to be known as the “Nayirah Tesitmony”. You can watch it below if you like, but I’ll tell you the important parts.

Nayirah spoke of her time in Kuwait and what she had seen there. She spoke of her sister and her infant nephew and the harsh conditions they faced. She spoke of helping in a hospital, and then she ripped at the heartstrings of the world:

The child cried:

Nayirah testified as to what she had seen in the hospital: Iraqi soldiers taking babies out of incubators and leaving them to die on the ground.

??? *** ADULTS ON ALERT – DEFENSIVE SYSTEMS ENGAGED *** ???

She went on to speak about torture, anti-American sentiment and ended with a hint that Kuwait could be rebuilt.

Nariyah’s testimony went global. Remember, this was pre-global internet, we still relied on the mass media for information (as many still do today). Medialink sent footage of the testimony to over 700 US TV stations, including ABC and NBC. Her story reached tens of millions of Americans that night.

It was everything that Bush needed. Armed with collaborative information from the UK based Amnesty International, it provided the justification to push ahead with a large military response.

The child lied:

There was just one problem with what Nariyah said: it wasn’t true.

Nariyah’s testimony was prepared by PR company Hill & Knowlton who allegedly “provided witnesses, wrote testimony, and coached the witnesses for effectiveness.” [1]

Amnesty International later retracted their support, the Human Rights Watch denied that any babies had ever been removed from incubators, and while it was acknowledged that some babies in hospitals had died, it emerged that this was due to medical staff fleeing the area and leaving them behind – not nearly as effective a propaganda tool as stories of babies being taken from incubators by Iraqi soldiers.

Worst of all, Nariyah, the poor Kuwaiti girl who had so far only ever been identified by her first name, was found to be Nayirah al-Ṣabaḥ, the daughter of Saud Al-Sabah, the Kuwaiti Ambassador to the United States.

The adults had played the child, so that the child could play the adults.

Both were successful.

Enter Stage Left: Greta Thunberg

How many of you were asked to address the UN at age 16? 

I wasn’t. Bit Brain is Bit Brain, I was just as smart at 16 as what I am now; less experienced, but no less intelligent. Nobody ever asked me to address them – ever. But hey, let’s play fair, I wasn’t exactly asking for attention either. But others were…

I had other kids in my class, more outgoing than I was, more environmentally concerned, more experienced in public speaking. They DID ask! For example: one girl started an environmental club from scratch, she was a particularly industrious individual, charismatic and with no lack of brain power of her own. She did her best and her club had minor successes, but not in her wildest dreams would she ever have considered addressing the UN – such things simply don’t happen to 16-year-olds.

…unless somebody powerful makes it happen.

*POOF* in a puff of smoke Greta Thunberg appears before the world. The child cries, and adults react.

And react.

And react some more.

Some stop and ask “why?”, “how?” – an attempt at seeing the truth, but an anticipated attempt – and one which plays into the hands of the manipulators.

And suddenly social media is awash with Greta stories and the whole world hops on an eco-conscious high horse. Climate change moves to the fore and people literally take to the streets in support of Greta. On the flip-side of the coin, staunch capitalists reject what Great has to say, grabbing the testimony of anti-climate change scientists and pointing out all the other evils of the world where money could be better spent (committing a variety of logical fallacy transgressions as they do so).

The debate RAGES!

The environmentalists know they are right. They know that global warming is real. They know about pollution, CO2, the loss of rain-forests and the extinction of animals. They know we can’t eat money and that the world is growing more and more toxic by the day – as is plain for anyone with half a brain cell to see if they look at the difference between now and 200 years ago.

The anti-environmentalists know they are right.  They know that Greta is somebody’s pawn. They know that 16-year-olds don’t address the UN unless somebody has something to gain. They know that CO2 helps plants grow and that for people to survive they need money, and to make money you need to develop your economy.

Both groups are right.

Wait, let me rephrase that…

Both groups are WRONG!

The effect of Greta’s argument has been this: it’s polarised society. People are either strongly for her or strongly against her, the middle ground is practically non-existent. I know, I’m standing on that middle ground, and it’s a very small and very lonely patch of Earth!

It’s human nature

Back to our caveman selves: the human brain grabs what it likes and rejects that which it doesn’t. So while either of the two groups may start out right, they soon lose the plot and grab onto anything which seems to foster their own argument, rejecting that which does not. If I see another person deny that CO2 levels have risen remarkably since the dawn of the Industrial Revolution, then I fear that I may have to beat them over the head with their own arm – freshly ripped from their body by an angry Bit Brain. If I see one more fool confuse natural climate cycles with sudden man-made global warming, then I am going to force the aforementioned arm down their throats. The same applies to the Greta supporters who don’t even bother to ask themselves the uncomfortable question: “How the hell did an unknown kid grab the kind of international attention that not even celebrities or presidents can usually attain?”

Whether you are for Greta or against her, here is the truth, here is what I observe from the middle ground:

YOU ARE BEING PLAYED

Do you know what a distraction is? You should, because by engaging in this “debate”, you are part of one.

Greta, and the whole debate around her, is a smokescreen. She is there to bring climate change to the fore, she is there to make people angry, she is there to raise emotions and to create a little chaos. And you’re all playing your assigned parts beautifully!

Right or wrong?

I don’t wish to go into the climate debate now, any more than what I wish to go into the invasion of Iraq. Let me say this: climate change IS real, but don’t for a moment think that those “leaders” who oppose it are doing so for any reason other than for personal gain.

Same story as in Iraq: there was good reason to stop Hussein, the tens of thousands of murdered Kurds lying in mass graves being just one. But the real reason the US went in there was because of oil. Had Kuwait been know for its production of apples instead of oil, it’s doubtful that the US would have reacted as it did. In order to get the public in the required anti-Iraqi frame of mind, Nariyah was used, and non-existent WMDs (remember those?), and a non-existent Iraqi “Super-Gun” (remember that?) etc. It’s all a matter of propaganda. (See the links at the end of the article.)

There is merit to the arguments of both sides, but to get lost in those arguments is to miss the point.

Here is what is happening behind the scenes:

Forget the arguments. You WISH there was a simple right/wrong answer to something like climate change! The fact is that it’s an interrelated web of economics/population growth/politics/wealth distribution/technology/ecology and you can’t simply create a one-solution-fits-all-scenarios solution to it! Such a solution can not exist! 

Somebody has to win, and somebody has to lose.

…which is why we now see Greta.

The pro-Greta point-of-view is the easier one to understand: we need to stop polluting because we are killing the environment and leaving nothing for the future. Okay. Fine. Stop polluting. Got it.

The anti-Greta point-of-view is trickier. I think that the majority of the anti-Greta camp don’t really understand what they are being misdirected towards. Greta is a Western phenomenon: a Western kid trending on Western media. A Western world problem sold to the West by Western media. The ire of the anti-Greta camp is not being drummed up to oppose pollution in Western states, it’s been stimulated in order to use as a weapon against the East…

Demonising the enemy

Demonising the enemy is an age old tactic in warfare, it’s used in practically every major conflict. No sane soldier likes to kill people, in fact, a soldier feels good when he (or she) can protect people from harm. That is why soldiers are led to believe that their adversaries are less than human: it’s why (to Americans) Vietnamese soldiers were not men and women, but “gooks”, it’s why (in World War II) Jews were not citizens, but big-nosed devils seeking to plunder the fatherland.

In the public domain
In the public domain

Obviously it’s okay to kill a devil who started a war and who sits upon the skeletons of those he conquered while counting his money, you’re only defending yourself against him! Hell, better kill his kids while you’re at it, they’ll grow up to be just like him! And so we justify the atrocities we commit against one another – because our humanity can simply be switched off by our “leaders” when they choose to do so.

And as with the Greta saga, most people won’t even question this logic.

The target in this case, the demon, is the East. Specifically: it’s China. 

This is to be expected. A major trade war at the moment indicates just where Western interests currently lie and the lengths they are prepared to go to to foster their own agendas. Actually, that doesn’t even begin to start to explain the lengths to which they will go, which is where Greta comes in.

The Greta debate/smokescreen is generating anger and hostility. These negative feelings need an outlet – a target – and one is being presented to them. The pro-Greta movement need emissions reduced and the environment to be saved. The anti-Greta movement need to shift the blame to somebody other than themselves. The two movements find common ground when China becomes the enemy…

But meanwhile, the debate rages so furiously that few see the demonisation of China even taking place. Hey, who cares if a billion rural Chinese have no access to power, as long as the environment is safe, right? I wonder how long it will be before they just become “gooks” as well…

Why now?

The US is losing ground to China. While communism is often (and rightly) vilified, it has allowed the Chinese government to make and implement plans over a period of decades, as opposed to the short-term five-year max planning of the Western world (the typical period between elections). Sure I hate communism, but I damn well hate representative democracies too! (See the links to “Give me Liberty, or give me Death!” and “Decentralised Victories” at the end of this article for an explanation as to why I say that.)

Feeling the upper hand slowly slip from its grasp, the US (and its Western allies – specifically the EU) needs to try to repress Chinese advancement and restore its unchallenged position at the top of global economics. (Spoiler alert: it won’t succeed.)

It’s latest weapon in the war of economics is climate change: with a 16-year-old Swedish girl being the pawn who is (unknowingly) firing the shots.

But won’t the US be shooting itself in the foot too?

No. Because (as the anti-Greta movement will very quickly point out), US carbon emissions are in decline, while China’s are growing. In fact (as they will also point out) China now produces considerably more carbon emission than the US does.

Bad China! Good USA! 

Right?

Wrong.

Because, as I said earlier, there is no single solution that applies to all cases.

The US is a developed country, its citizens enjoy one of the highest living standards on Earth. The average US resident is “rich” compared to the global norm. The US can afford the luxury of investing extensively in expensive renewable and environmentally friendly energy. China can’t.

China is a country that is still growing. It has a lot of wealth, but it also has about 20% of the world’s population – most of whom are extremely poor. Despite Western reports to the contrary, China does invest extensively in renewable and environmentally friendly energy sources, but it is in no position to turn away from coal and other pollutants – not without starving about one billion people!

Put in simple terms: The US can afford to become far more environmentally friendly than what China can, and it’s using this to make China look like the “bad guy”.

It has no right to do so.

I don’t like the fact that China pollutes so much, I hate it! I don’t like that it’s let its population explode to such a degree. But like it or not, that is the current situation, and we have to deal with it as it is now.

But while the US points fingers, those who are so quick to jump on the anti-China bandwagon would do well to see that they are begin played – again!

You see, when comparing apples, make sure that you compare them with other apples! The first thing that you will never see the anti-China movement mention is that per capita carbon dioxide emission statistics put the US in a position FAR WORSE than China! According to these 2017 statistics, the US produces 15.7 tons of CO2 per person per year, compared to China’s 7.7, that’s more than double! No, the finger pointers will stick to total emissions, which play in their favour.

But they’re only in their favour because the US is an already developed country. Is it fair to suddenly tell all the undeveloped and developing countries that they must conform to First-World emission norms when they haven’t had the chance to grow their own economies yet? Sure, technology is available today, but it comes at a price! Were the global distribution of wealth to be more equitable, then the Western powers would have an argument, but it isn’t  – so they don’t. Instead, the wealth lies firmly in the grasp of the already developed countries: those who already developed, already polluted, already made their money. How can they now say to the others: “we’re fine now, we’re going green, you guys are not allowed to develop at the cost of the environment as we once did”?

Once again I remind you: I’m not speaking in favour of anyone here, I’m merely showing you how the finger-pointing happens.

The graph below is one you will typically see the anti-China group use: the accompanying text being something along the lines of: “look how the US and Europe are reducing emissions while China is increasing theirs to record levels!”

From Zieben007 [CC BY-SA 4.0], via Wikimedia Commons – modified by Bit Brain

Looking at the graph you can see that that is true; but what else can you see? Well for starters, let’s remember that China has about four times as many people as the US does, that already throws the “bad China” theory out the window. Then we remember that China is still developing, then we remember how much damage the US and Europe have already done in their time.

Put into perspective, this is the total CO2 produced by China thus far:

From Zieben007 [CC BY-SA 4.0], via Wikimedia Commons – modified by Bit Brain

And here is what the US has produced:

From Zieben007 [CC BY-SA 4.0], via Wikimedia Commons – modified by Bit Brain

Compare the size of the shaded areas. Compare the countries respective population sizes. Who is the “bad guy” now? Don’t forget the EU in all of this: sure, 100 million tons of carbon is nothing by today’s standards, but when you were producing that in 1865, while the rest of the world combined were virtually on “0”, then you an appreciate how the EU got such a massive head start back in the low population world. Should other people be denied that opportunity now?

The fact that we now see Greta in front of the UN tells us that there is political will to put her there, which in turn tells us that big money wants her to be seen there. That in turn tells us that big money stands to profit from a move towards green technology, which then tells us that big money now owns solar companies, hydroelectric equipment suppliers, wind turbine manufacture plants etc. If big money didn’t stand to gain from this, then you wouldn’t see Greta. Evidently it is now the plan of the West to move towards clean energy, a drive been made possible thanks to a newly concerned public who are been sheeped into that direction (probably far too late to actually save the Earth!). You can bet your bottom dollar that renewable energy is going to be ballooning into (and is already becoming) the next multi-trillion dollar industry.

If it wasn’t, then a 16-year-old kid would never have made it to the UN on her own merits. The cry of the child would not have been heard.

Conclusion

Greta is there to stir up attention, to cause the ecology debate to hit centre stage on the global agenda. Her supporters ensure that.

The opposition to Greta is there to direct the focus, to shift the responsibility of climate change and pollution off the West, and onto the East.

This is done is an attempt to suppress Eastern development, and therefore competition, as the Western world continues to lose ground to the likes of China, India and Russia. This is also done to make a few very rich people even richer – with taxpayer money – as Western governments invest in green energy. The big money scores double – and all it cost them was a little PR effort for a 16-year-old kid.

The environment is in danger, REAL danger. Unfortunately, no matter what we do at this stage, people will suffer. Ignoring environmental consequences sets up a nightmare scenario for future generations: for Greta, her children and their children. For undeveloped countries to attempt to go fully green now they will be forced to neglect and starve many of their current citizens – cue rioting, international condemnation, instability etc. I tell you again, there is no quick and easy fix.

The fact is simply that the world is overpopulated – grossly so. As long as the caveman breeding instinct continues to triumph over common sense and forward planning, our children will be doomed to suffer a life on a planet with increasingly limited resources.

I honestly don’t know if the green revolution can come in time to save this planet. It can’t happen all at once, for reasons already stated above. It also can’t stem the tide of humans breeding like flies, that too needs to stop if we are to survive as a species. What I do know is this: people now seek to make money from green energy. The West seeks to put the blame for climate change on the East. Greta is just a very visible part of that process. You’re being manipulated. You’re being played.

There is something about the cry of a child that adults immediately react to.

Additional reading:
If you are looking for more information in this regard, or if you are having difficulty relating to what I have written, or feel that more evidence is required to support what I have said today, then ensure that you read these too:

Propaganda and Patriotism: (very relevant when kids are used as media pawns)

The link between Money, Government and the Media:

Wikipedia article on the Nayirah testimony

Yours in crypto (which can hopefully help a little with this mess)

Bit Brain

Attribution:

[1] The Global Public Relations Handbook, Revised and Expanded Edition: Theory, Research, and Practice ~ Sriramesh Krishnamurthy & Vercic Dejan; Taylor & Francis, 2009

Featured image from Wikimedia Commons

Footnote: I considered breaking this article into two or three parts, but decided not to split it and break the logical flow. I realised that if somebody was not going to make it all the way through, then they probably weren’t the kind of person who was going to make it halfway through anyway.

“The secret to success: find out where people are going and get there first” 

~ Mark Twain

“Crypto does not require institutional investment to succeed; institutions require crypto investments to remain successful” 

~ Bit Brain

Bit Brain recommends:

Crypto Exchanges:




? Daily Crypto News, September, 19th?

  • New Bitcoin Mutual Fund Eases Crypto for Wary Asian Investors ;
  • Everyone’s Worst Fears About EOS Are Proving True ;
  • Bitcoin Bulls in Danger as Price Drops $500 in Minutes Back Under $10K ;
  • Binance to Add Fiat-to-Crypto OTC Trading in a Month, Co-Founder Says ;
  • SEC Charges Token Sale Platform For Illegal $14M Securities Offering ;
  • ? Daily Crypto Calendar, September, 19th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? New Bitcoin Mutual Fund Eases Crypto for Wary Asian Investors

Hong Kong-based venture capital group CMCC Global launched its Liberty Bitcoin Fund to provide crypto currency access to accredited investors in Asia who are very interested but have been slow to buy the coins directly.


The Liberty Bitcoin Fund is a single-asset passive tracker of Bitcoin and offers services including buying and safekeeping coins.


“We have received more and more questions over the years from our existing investor base about whether we could help them buy Bitcoin,” Martin Baumann, managing partner of CMCC Global, told CoinDesk. “The new fund is really a demand-driven.”

? Everyone’s Worst Fears About EOS Are Proving True

The Takeaway:


EOS is the world’s seventh-largest blockchain by market cap, with a value topping $3 billion since February 2019.
However, the project has long been plagued by fears that its structure was too centralized, and now the lion’s share of entities that govern the chain are in China, prompting fears of state intervention.


EOS contributors devoted to building decentralized apps (dapps) and development tools for the blockchain are losing clout – and making little or no money from contributing to the health of the ecosystem. One of them publicly disavowed the blockchain earlier this month, citing the excessive power of the largest EOS token holders.


Block.One, the company that launched the code behind EOS following a $4.1 billion ICO, is the largest token holder. Critics say it could easily redefine governance on the chain but has yet to take action.

? Bitcoin Bulls in Danger as Price Drops $500 in Minutes Back Under $10K

For the past few days, the price of Bitcoin (BTC) has been hovering above the 20 Moving Average (MA) and drawing closer to the moving average as volume continued to taper off and lower highs were set each day. 

Crypto Market Data

The digital asset began to look bearish on multiple time frames and it seemed that a downward move was more likely than any other outcome. Once the 12 Exponential Moving Average (EMA) dropped below the 26-EMA on Sept. 16, aggressive intraday traders correctly predicted a double bottom bounce at $10,075. 

BTC/USD 6hr Chart

? Binance to Add Fiat-to-Crypto OTC Trading in a Month, Co-Founder Says

Crypto exchange Binance is planning to add over-the-counter (OTC) trading to its platform in a month to provide users with fiat currency gateways.


Binance’s co-founder and chief marketing officer He Yi said at a media session on Tuesday during the Shanghai Blockchain Week that the exchange will specifically support fiat on-ramp via OTC for Chinese yuan.


He added that the new service will be part of Binance’s plan in the coming months to dedicate more time and resources to compete in the Chinese market. Further, the exchange is also rolling out a payment service to allow users from 170 countries to buy crypto assets using fiat currencies at Binance.com.


Fiat-to-crypto OTC trading has been a critical part in terms of fiat on-ramp for crypto traders based in China as local authorities prevent the direct connection of exchanges to banks and fiat deposits as part of the ban on initial coin offerings in September 2017.

? SEC Charges Token Sale Platform For Illegal $14M Securities Offering

The United States Securities and Exchange Commission (SEC) has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal securities offering and for acting as unregistered brokers.


SEC says ICOBox’s digital tokens are worthless


In a press release on Sept. 18, the SEC claimed that ICOBox and Evdokimov sold the firm’s ICO tokens to more than 2,000 investors in an unregistered coin offering in 2017.


The SEC goes on to say that the defendants claimed that the tokens would increase in value upon trading and that ICO token holders would be able to swap them at a discount for other tokens promoted on the ICOBox platform. The SEC claims that the ICO tokens are now virtually worthless, adding:


“By ignoring the registration requirements of the federal securities laws, ICOBox and Evdokimov exposed investors to investments, which are now virtually worthless, without providing information that is critical to making informed investment decisions.”

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? Daily Crypto Calendar, September, 19th?

On Thursday, 19 September 2019, VexGift expense wallet can be converted to VP so you can use it to redeem vouchers and lucky draw.

Charles Hoskinson and Nathan Kaiser from CF to speak at the event.

Open Core Summit 2019 in San Francisco from Sep 19-20.

“Attention Zurich! We invite you to join our workshop on September 19! Spend your Thursday evening exploring Waves’ technology…”

“The next meeting is to be held at LTO office, and results to be presented on September 19.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Yesterday I was talking to you about a W pattern which is a bullish signal. Look today the acceleration of the move. We could go test the resistance line at 0.178$ very soon and it would be a very good news if we can break it. Let’s wait my friends and let’s hope the BTC won’t correct in the coming days.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

This image has an empty alt attribute; its file name is DW.jpeg

General Mills prevails in false ad lawsuit over sugar content in cereals

General Mills prevails in false ad lawsuit over sugar content in cereals (Foodnavigator USA)

  • After a three-year long class-action lawsuit, the case accusing General Mills of falsely advertising its cereals as healthy when they contain high levels of sugar has been dismissed by a federal judge in California.
  • The judge noted there was no consensus on how much sugar is healthy (the FDA hasn’t updated their definition of the word since 1994 and also has no clear guidelines on how much sugar in a product is too much).
  • He further noted that “the actual ingredients were fully disclosed” on both the front and side panel of the company’s packaging and the plaintiffs therefore could not plausibly claim to be misled about the sugar content of their purchases.

Analysis and Comments

  • While the case was dismissed a few weeks ago, it’s still worth pointing out as it is not the only one of its kind; there are two similar lawsuits filed in 2016 against cereal makers involving the same law firm and some of the same plaintiffs which are still in play.
  • There’s also a class-action complaint claiming Kellogg overstated health claims on its cereals and cereal bars that  was recently referred to mediation.
  • Another lawsuit against Post is still in court, claiming that their packaging is allegedly misleading as it states that honey is the primary sweetener when according to the plaintiffs the cereal gets most of its flavour from cane and beet sugar, brown sugar, corn syrup, malted barley syrup, and molasses rather than honey.
  • This issue is unlikely to go away anytime soon (even though the ruling may speed up the closing of some of these cases), as breakfast cereals are a major source of free sugars in children. Sales volumes are likely to continue to go down because of the consumer backlash at their high sugar content.
  • Currently, in the majority of countries it is mandatory to have nutritional information for food and most drinks. However, the problem is that for the average consumer the data is meaningless because of its complexity. In the long term, we think that there is a strong possibility that graphic health warnings and traffic light labelling could be used for high-fat sugar and salty (HFSS) food and drinks.

? Daily Crypto News, September, 18th?

  • ‘Get Ready for Bitcoin $20K,’ Says BitMEX CEO as Fed Panic-Prints $53B ;
  • Will Bitcoin’s Price Rally After Federal Reserve Rate Cut? ;
  • Bitcoin Addresses Worth $100,000 or More Hits All-Time-High ;
  • Binance.US Opens Registration Today, Excluding 13 States ;
  • CoinDesk to Move Into Same Building as Owner Digital Currency Group ;
  • ? Daily Crypto Calendar, September, 18th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? ‘Get Ready for Bitcoin $20K,’ Says BitMEX CEO as Fed Panic-Prints $53B

Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said.


Fed echoes 2008 crisis moves


In a tweet on Sept. 18, Arthur Hayes, CEO of derivatives giant BitMEX, forecast that fresh quantitative easing (QE) would further decrease faith in fiat currency.


The comments come a day after the Fed swooped to decrease interest rates on some loans which reached more than 10%, or four times its target. More than $53 billion was pumped into the economy. 


“QE4eva is coming. Once the Fed gets religion again, get ready for #bitcoin $20,000,” Hayes wrote. 


The Fed’s QE injection marked its first emergency intervention since the end of the 2008 financial crisis, an event directly leading to Bitcoin’s creation. 

? Will Bitcoin’s Price Rally After Federal Reserve Rate Cut?

View


Bitcoin has dived out of a narrowing price range and may see a deeper drop if key trendline support near $10,120 is breached.


Acceptance below $10,120 would expose the recent low of $9,855.

Some notable observers believe the decline may be reversed following Wednesday’s Federal Reserve rate cut, although historical data suggests otherwise.

On the higher side, $10,956 (Aug. 20 high) remains the level to beat for the bulls.

? Bitcoin Addresses Worth $100,000 or More Hits All-Time-High

The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time —  has hit an all-time high, multiple data sources reveal.


According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BTC. 


Earlier this month, Coin Metrics’ State of the Network report had plotted the latest data historically to reveal that these mega-holders are at an all-time high for the network.

Addresses Holding At Least 10 BTC

? Binance.US Opens Registration Today, Excluding 13 States

Binance.US, United States branch of major cryptocurrency exchange Binance, announced that the opening of accounts registration, scheduled for Wednesday, will not include New York, Washington, Florida and 10 more states.


According to the blog post published on Sept. 17, registration will start at 8 a.m. ET on Sept. 18 in most U.S. states, excluding the following: Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont and Washington. The post continues:


“Although it is upsetting that we cannot offer Binance.US in [these] states […] at this time, please rest assured that this is just the beginning, and it is our mission to bring access to those of you in these states many of us call home.”

? CoinDesk to Move Into Same Building as Owner Digital Currency Group

Employees at cryptocurrency news publication CoinDesk were told Tuesday that the firm is moving into office space in the same building as its parent company, Digital Currency Group (DCG), a transition that will take place in March 2020.


In an email sent to employees, his first ever to CoinDesk’s entire staff, DCG founder and CEO Barry Silbert outlined four reasons for the move, vowing that while seeking to create new business synergies with the media company, one of three wholly-owned subsidiaries, the parent would continue to respect and strengthen the editorial independence of the publication, founded in 2013.


The other two subsidiaries, Grayscale Investments and Genesis Trading, work out of the DCG office building in Manhattan.

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? Daily Crypto Calendar, September, 18th?

Ten high-impact sports-blockchain startups pitch to leading blockchain investors and VCs.

“Safecoin will be announcing SafeNodes Phase II on Wednesday, Sept 18.”

GRI PropTech India 2019 in Mumbai.

On Sep 18th, 10AM (UTC+8) for UNetwork 3rd Monthly Live AMA, your exclusive chance to ask our project lead @yilu_uuu anything related.

DeFi Asia in Shanghai from 2:30 – 5:30 PM (CST), co-hosted by Harmony, Findora, and Algorand.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

What a nice pattern that we have on the STEEM. We have a W pattern or a double low if you prefer that we can clearly see on the chart. For the one who still don’t know that pattern, it is a bullish pattern ! It looks like that the Alt Coins are taking back some percenst of the global market compared to BTC. We are still far from the Alt Season that we experienced back but it could be the start… why not ? Regarding the STEEM, let’s see if we can go test the resistance line in red around 0.178$.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

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Overwatch League announces multi-year deal with Kellogg Company

Overwatch League announces multi-year deal with Kellogg Company (Esports Insider)

  • Activision Blizzard has announced Kellogg Company as a new multi-year partner of its esports Overwatch League (OWL).
  • The deal will last through 2021 and includes co-marketing initiatives with the company’s Pringles and Cheez-It brands, which will be the presenting sponsors of the halftime show and the highlights segments during this year’s OWL finals.

Analysis and Comments

  • The deal is a further sign of the growth on eSports monetisation, showcasing the rapidly increasing number of non-endemic brands that are willing to put marketing dollars into eSports.
  • eSports, while still under-monetised, continues to be one the most high profile platforms for games companies to advertise and broaden their audiences, enabling key beneficiaries such as Activision Blizzard, Ubisoft, EA etc. to increase engagement and publicity for their games.
  • Given recent structural changes within high-profile eSports such as League of Legends and Overwatch (franchising, home and away games, regular season play etc.), we think we could see eSports becoming a profit generator for the games developers (rather than just a marketing tool) sooner than expected.
  • Notably, MTG Esports, one of the largest US based businesses, recently reported huge growth in its eSports league (ESL). Over the course of the first seven months of 2019, ESL’s data shows that unique users (+90%), hours watched (+190%) and video views (+55%) all significantly increased as a result of fans tuning into properties such as ESL One, Intel Extreme Masters and ESL Pro League tournaments, shattering the numbers recorded in 2018.
  • It is possible that we could see an professional (multi-game) eSports teams/organisations become sufficiently profitable that they could look to go public, which could materially change industry dynamics.

Activision’s Share Price

? Daily Crypto News, September, 17th?

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitcoin’s Record Hash Rate May Hint at Price Gains to Come

View


With the hash rate or miner’s confidence hitting record highs, bitcoin’s three-day narrowing price range looks set to end with a bullish breakout.


A range breakout would open the doors to $10,956 – the bearish lower high created on Aug. 20.


A break below Friday’s low of $10,154 would confirm a range breakdown and could yield a sell-off to $9,855 (Sept. 11 low).

? STEEM did not MOON ? after HF 21-22 BUT metrics are looking better. Check this out ! ?

As I wrote in previous blog posts, I reinvested in STEEM ahead and after the HFs.


After cruising, interacting and curating Steemians posts, I can say now I like the #newsteem better than the old one. This is a feeling but I believe people came back to the platform and interractions / payouts are less skewed thanks to some bots switching to curation and some whales “playing the game”.


Below I am going to share with you some datas that I believe should make us optimistic about STEEM future.

As seen in @penguinpablo ‘s statistics (link here)

  • Accounts transacting are increasing steadily since last week to reach 39,647 on week 36 of 2019 (vs 34,958 the previous week)

Click Here to see the Full posts and all the graphs

? Bitcoin Addresses Worth $100,000 or More Hits All-Time-High

The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time —  has hit an all-time high, multiple data sources reveal.


According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BTC. 


Earlier this month, Coin Metrics’ State of the Network report had plotted the latest data historically to reveal that these mega-holders are at an all-time high for the network.

Addresses Holding At Least 10 BTC

? Binance Makes Strategic Investment in Chinese Crypto Media Firm

Cryptocurrency exchange Binance, the world’s largest by trading volume, has made a strategic investment in Chinese media and data source Mars Finance.


According to a report from Bloomberg citing a press release, the investment amount was not disclosed, but values the company at $200 million.


Aside from Binance, which reportedly made its first strategic investment in China with the round, Beijing-based Mars Finance was also backed by Ceyuan Ventures and Matrixport, a financial services startup founded by co-founder of bitcoin mining firm Bitmain, Jihan Wu.incorrectly applied.

? US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

The United States Army Contracting Command (ACC) of New Jersey has issued a pre-solicitation notice for cryptocurrency investigation service providers. 


As a pre-solicitation, posted on July 25, the notice and the ACC’s responses do not bind ACC to solicit or award a contract.


For use in criminal investigations


According to the ACC, the cryptocurrency analytics solution is being sought for use by the U.S. Army Criminal Investigation Command (USACIDC) for use in criminal investigations and other missions.


The notice outlines that the contractor must provide a cloud-based, online service — not reliant on hardware or software — that can assist law enforcement in identifying and pursuing actors using cryptocurrencies for illicit purposes such as fraud, extortion and money laundering.

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? Daily Crypto Calendar, September, 17th?

Hard Fork

Shanghai International Blockchain Week from September 14 – 18.

“Join us for another Theta AMA on Tuesday, September 17th at 4pm PDT / 11pm UTC! The AMA will feature Theta’s Head of Platform Tim Li…”

“We are looking forward to the upcoming meetup at Epitech in September.”

“We are proud to announce that BiblePay will be listed on TOKOK on September 17th!”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today, we tested and broke the support line at 0.155$ during some hours but it looks like the market want come back upper than this line. We need to check now if this is not a pull back before the continuation of the drop or if that break was just a trap from the market to buy some steems at a very good prive. Let’s see if the current candle will close upper or lower than the support line at 0.155$.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

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STEEM did not MOON after HF 21-22 BUT metrics are looking better. Check this out !

Dear Steemians,

As I wrote in previous blog posts, I reinvested in STEEM ahead and after the HFs.

After cruising, interacting and curation Steemians posts, I can say now I like the #newsteem better than the old one. This is a feeling but I believe people came back to the platform and interractions / payouts are less skewed thanks to some bots switching to curation and some whales “playing the game”.

Below I am going to share with you some datas that I believe should make us optimistic about STEEM future.

As seen in @penguinpablo ‘s statistics (link here)

  • Accounts transacting are increasing steadily since last week to reach 39,647 on week 36 of 2019 (vs 34,958 the previous week)

STEEM Power up !

  • Most importantly, the Net Power up was STRONGLY positive last week at +977,939 ! Something we didn’t see for months !
  • As shown in the tables below, Week 33 saw the biggest net power up at 363,873 STEEM over the past 8 weeks.
  • To add to these great numbers, other Steemians (as myself) have been BUYING STEEM on Exchanges ! More than 1,145,000 STEEM have been purchased FROM exchanges

In addition, do not forget that @steemit inc. announced they would pause their power down for a few weeks which should help STEEM prices.

Daily Users

Looking into @arcange statistics I could also some good news, Active users remain stable and sit at the top range of the past weeks (c.40k daily). If we continue to promote and curate good contents, these numbers could be finally increasing and sit passed 50k as it used to a few months ago

Transactions

Transactions on the STEEM blockchain are also healthy and should remain high as many projects continue to onboard users (@steemmonsters, @actifit, @steemhunt, @appics, @esteem …)

Inflation

As stated by @jrcornel, STEEM inflation is quite reasonable versus other altcoins and is supposed to decrease below 8% in 2020 to reach 0.95% in 2037.

Here is the table of STEEM’s inflation rate

Year Supply Inflation New Supply
2016 250,000,000 9.50% 23,750,000
2017 273,750,000 9.08% 24,854,398
2018 298,604,398 8.66% 25,854,554
2019 324,458,952 8.24% 26,727,942
2020 351,186,894 7.82% 27,452,027
2021 378,638,921 7.40% 28,004,740
2022 406,643,661 6.98% 28,364,989
2023 435,008,650 6.55% 28,513,181
2024 463,521,832 6.13% 28,431,762
2025 491,953,593 5.71% 28,105,742
2026 520,059,335 5.29% 27,523,204
2027 547,582,539 4.87% 26,675,768
2028 574,258,308 4.45% 25,558,997
2029 599,817,304 4.03% 24,172,733
2030 623,990,038 3.61% 22,521,348
2031 646,511,386 3.19% 20,613,886
2032 667,125,272 2.77% 18,464,106
2033 685,589,378 2.35% 16,090,399
2034 701,679,777 1.93% 13,515,587
2035 715,195,364 1.51% 10,766,608
2036 725,961,973 1.08% 7,874,074
2037 733,836,047 0.95% 6,971,442

Current Price and Market Cap (53,472,257 USD). Sits at Rank 80

Maybe we are sitting at the bottom, only time will tell, but overall I want to emphasize that this #newsteem as much higher changes to go up than before for all the points mentionned above.

I know that you all probably believe in STEEM if you read this, we have to continue to get the words out as some of us are doing on Twitter or other social medias.

What do you think?

I would love to hear your opinion on this subject. I will set a 10 STEEM @steem-bounty to open the discussion.

@vlemon

? Daily Crypto News, September, 16th?

  • Bitcoin Price Indicator May Signal Next Leg Higher ;
  • Binance CEO: Bitcoin Futures Platform ‘SAFU’ After Attack False Alarm ;
  • Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online ;
  • What Bitcoin’s Valuation Says About Its Volatility ;
  • OKEx Delisting Monero, Dash, Privacy-Cryptos Over FATF Demands ;
  • ? Daily Crypto Calendar, September, 16th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitcoin Price Indicator May Signal Next Leg Higher

History looks to be repeating itself in the bitcoin market, as a key indicator’s bullish turn could mark the beginning of the next meteoric price rally.


The world’s most valuable cryptocurrency’s price action seen over the last eight months is very similar to the moves seen in 2015, according to Bitstamp data. For instance, the bitcoin bear market ended near $3,100 in mid-December 2018 and prices built a base below $4,000 in the following three months before breaking into a bull market on April 2.


Notably, the bear market drop ran out of steam two months before the 50- and 10-week moving averages confirmed a bearish crossover (in February 2019).

Weekly chart

? Binance CEO: Bitcoin Futures Platform ‘SAFU’ After Attack False Alarm

The CEO of cryptocurrency exchange Binance has dispelled fears a bad actor had attacked its newly-launched Bitcoin futures platform.


Technical error crashed Bitcoin price


In a series of tweets on Sept. 16, Changpeng Zhao, also known as CZ, initially warned that the exchange’s futures were under attack from one of its own market makers. 


The perpetrator allegedly crashed the BTC/USD order book from $10,324 to $10,024, in what Zhao said was the second such attempt at an attack. 


Binance launched its futures platform in invite-only mode following a user testing period earlier this month. Two platforms were originally available, with users voting for their preferred choice. 

? Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online

The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that more than 600,000 powerful new machines may have come online in the last three months.


According to data from crypto mining pool BTC.com, bitcoin’s two-week average hash rate has crossed another major threshold, reaching 85 exahashes per second (EH/s) around 19:00 UTC last Friday. Meanwhile, mining difficulty also adjusted to a new record of nearly 12 trillion.


Notably, both figures have jumped 60 percent since June 14, the data shows.


Bitcoin’s mining difficulty – a measure of how hard it is to create a block of transactions – adjusts after 2,016 blocks, or roughly every two weeks. This is to ensure the time to produce a block remains around 10 minutes, even as the amount of hashing power, deployed by machines around the globe competing to win freshly minted bitcoins, fluctuates.

? What Bitcoin’s Valuation Says About Its Volatility

Most of us think we understand the term “volatility.”


We digest headlines about tense political situations around the world; we are wary of explosive chemical compounds; some of us have had relationships with their fair share of ups and downs.


“Volatility” implies sharp and unpredictable changes, and usually has negative connotations. Even when it comes to financial markets, we intuitively shy away from investments that would produce wild swings in our wealth.


But volatility, in finance, is usually misunderstood. Even the most commonly accepted calculation is often incorrectly applied.

? OKEx Delisting Monero, Dash, Privacy-Cryptos Over FATF Demands

The South Korean arm of cryptocurrency exchange OKEx is removing support for five major altcoins due to new international regulations. 


FATF rules halt privacy coins trading


According to crypto news outlet The Block on Sept. 16, OKEx’s Korea unit will halt trading of Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on Oct. 10.


The reason, says the exchange, is that as since they are focused on privacy, the coins fall foul of new guidelines set out by the intergovernmental body the Financial Action Task Force, or FATF.


As Cointelegraph reported, the sweeping changes to crypto transaction rules demand businesses to identify the two parties sending funds to each other if a transaction is worth more than around $1,000. 

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? Daily Crypto Calendar, September, 16th?

“Equal will be burning 12 million EQL in the fourth phase of the burn cycle.”

Kick-off of elaborate ‘Tael Insider’ newsletter marketing campaign designed to inform project followers of latest developments & ecosystem.

Decentraland SDK Hackathon from September 16-30.

“Dash is launching on @CoinbasePro on Monday Sept 16 at 10am PST”

“I would like to inform you regarding the upcoming hard fork. I have decided to implement it on block 216000 (approx 16th of sept).”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

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Here is the current chart :

STEEMUSD.jpg

Today, we continued the bounce started yesterday. We have higher lows so the trend is not broken, even we have a low volatility. I think most of altcoins are also waiting to see the direction that the BTC will take and this is why most of coins are very quiet these last hours. However, there is nothing negative for the STEEM today, exactly like yesterday, se we can again enjoy about these positive news.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

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? Daily Crypto News, September, 15th?

  • Bitcoin Hovers Over $10,300 as Top Altcoins See Mixed Movements ;
  • eToro Aims to Put Derivatives on the Blockchain With Lira Programming Language ;
  • Coinbase Pro to Add Support for DASH Trading ;
  • US Treasury: Non-Compliant Fintechs Won’t Survive the War on Terror ;
  • Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value ;
  • ? Daily Crypto Calendar, September, 15th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitcoin Hovers Over $10,300 as Top Altcoins See Mixed Movements

Saturday, Sept. 14 — The top 20 cryptocurrencies are reporting mixed movements on the day while Bitcoin’s (BTC) price hovers over the $10,300 mark by press time.

Market visualization courtesy of Coin360

The price of Bitcoin is currently up by 0.13% on the day, trading at around $10,313 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 0.46%.

Bitcoin 7-day price chart

? eToro Aims to Put Derivatives on the Blockchain With Lira Programming Language

eToro, an Israel-based exchange platform, revealed a new programming language designed to simplify derivatives trading.


Speaking ahead of the Ethereal Summit Tel Aviv 2019, on Sunday, chief blockchain specialist Omri Ross said the language, dubbed Lira, will reduce the risks involved in settling financial contracts and enable the creation of new derivative products from assets on the ethereum blockchain.


A demo trading platform, built by eToroX Labs, was also revealed to enable retail and institutional investors to begin trading derivatives. The platform uses Lira to test a full range of contract experimentation. The language opens up the possibility to set varying time limits on trades, trustlessly swap different cryptocurrencies and write complex settlement terms.

? Coinbase Pro to Add Support for DASH Trading

United States-based major cryptocurrency exchange Coinbase announced that its professional trading platform Coinbase Pro will launch support for DASH token next week.


According to a Medium post published by Coinbase on Sept. 12, Coinbase Pro will start accepting DASH deposits starting Monday “for at least 12 hours prior to enabling full trading.” The launch of DASH trading, on the other hand, is planned for 9 AM Pacific Standard Time on Sept. 17. The company also noted:


“Once sufficient supply of DASH is established on the platform, trading on the DASH/USD, and DASH/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met.”

? US Treasury: Non-Compliant Fintechs Won’t Survive the War on Terror

United States Treasury undersecretary Sigal Mandelker stated that cryptocurrencies could become “the next frontier” in the war on terrorism.
According to a press release published on the U.S. Treasury’s website on Sept. 11, Mandelker made her remarks during the 19th annual international conference on counterterrorism.


Cash is still predominant


While Mandelker admitted that most terrorist organizations still rely on various traditional means of financing such as cash, she also said that she believes crypto could become “the next frontier”:

“Terrorist organizations and their supporters and sympathizers are constantly looking for new ways to raise and transfer funds without detection or tracking by law enforcement.  While most terrorist groups still primarily rely on the traditional financial system and cash to transfer funds, without the appropriate strong safeguards cryptocurrencies could become the next frontier.”

? Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value

There’s now an underground service catering to criminals that lack the skills or nerve to hack into online accounts to steal funds.


According to a September report from security-as-a-service firm Armor, hackers on dark markets are now selling fiat cash for fractions of its worth to avoid the risk of dealing with the money themselves.


Armor’s Threat Resistance Unit (TRU) research team said in the report:


“There are plenty of hackers willing to simply transfer stolen funds to the bank account or PayPal account of your choice or send you the funds via Western Union.”

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? Daily Crypto Calendar, September, 15th?

The Crypto School win burn 6000TCS.

A pool of 5000 TCS was reserved to be shared with 1000 TCS token holders to start the bi-weekly airdrop.

Publishing a lighter brochure read of the whitepaper.

New Game Release: POKER

“Come join NANO founder Colin LeMahieu in Austin TX for a ‘Beers and Chat’ informal Nano meetup.”

“#Aeternity Universe One #Haeckathon starts on Saturday and guess who will be mentoring the participants?”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

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Today, we had a new bounce from the low around 0.154$. This is validating again this support line and showing that sellers have difficulties to go under this support. It could finish to give a nice opportunity for the buyers to start a nice move on the STEEM. Let’s stay positive and enjoy every little bounce on the STEEM.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

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