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An Open Letter To Caroline Winter Regarding Her Recent Bitcoin Gambling Article in Businessweek

An Open Letter To Caroline Winter Regarding Her Recent Bitcoin Gambling Article in Businessweek submitted by waspoza to Bitcoin [link] [comments]

Your Pre Market Brief for 07/23/2020

Pre Market Brief for Thursday July 23rd 2020

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submitted by Cicero1982 to pennystocks [link] [comments]

Mockingbird X.0

Imagine if there was one desk that all stories could cross so that, at 4am, a media plan could be decided upon and disseminated where all news outlets coordinated to set the goalposts of debate and hyper focused on specific issues to drive a narrative to control how you vote and how you spend money; where Internet shills were given marching orders in tandem to what was shown on television, printed in newspapers and spread throughout articles on the World Wide Web.
https://i.imgur.com/Elnci0M.png
In the past, we had Operation Mockingbird, where the program was supremely confident that it could control stories around the world, even in instructions to cover up any story about a possible “Yeti” sighting, should it turn out they were real.
https://i.imgur.com/121LXqy.png
If, in 1959, the government was confident in its ability to control a story about a Yeti, then what is their level of confidence in controlling stories, today?
https://i.imgur.com/jQFVYew.png
https://i.imgur.com/ZKMYGJj.png
In fact, we have a recent example of a situation similar to the Yeti. When Bill Clinton and Loretta Lynch met on the TARMAC to spike the Hillary email investigation, the FBI was so confident it wasn’t them, that their entire focus was finding the leaker, starting with searching within the local PD. We have documentation that demonstrates the state of mind of the confidence the upper levels of the FBI have when dealing with the media.
https://i.imgur.com/IbjDOkI.png
https://i.imgur.com/NH86ozU.png
The marriage between mainstream media and government is a literal one and this arrangement is perfectly legal.
https://i.imgur.com/OAd4vpf.png
But, this problem extends far beyond politics; the private sector, the scientific community, even advice forums are shilled heavily. People are paid to cause anxiety, recommend people break up and otherwise sow depression and nervousness. This is due to a correlating force that employs “systems psychodynamics”, focusing on “tension centered” strategies to create “organizational paradoxes” by targeting people’s basic assumptions about the world around them to create division and provide distraction.
https://i.imgur.com/6OEWYFN.png
https://i.imgur.com/iG4sdD4.png
https://i.imgur.com/e89Rx6B.png
https://i.imgur.com/uotm9Cg.png
https://i.imgur.com/74wt9tD.png
In this day and age, it is even easier to manage these concepts and push a controlled narrative from a central figure than it has ever been. Allen & Co is a “boutique investment firm” that managed the merger between Disney and Fox and operates as an overseeing force for nearly all media and Internet shill armies, while having it’s fingers in sports, social media, video games, health insurance, etc.
https://i.imgur.com/zlpBh3c.png
https://i.imgur.com/e5ZvFFJ.png
Former director of the CIA and Paul Brennan’s former superior George Tenet, holds the reigns of Allen & Co. The cast of characters involves a lot of the usual suspects.
https://i.imgur.com/3OlrX7G.png
In 1973, Allen & Company bought a stake in Columbia Pictures. When the business was sold in 1982 to Coca-Cola, it netted a significant profit. Since then, Herbert Allen, Jr. has had a place on Coca-Cola's board of directors.
Since its founding in 1982, the Allen & Company Sun Valley Conference has regularly drawn high-profile attendees such as Bill Gates, Warren Buffett, Rupert Murdoch, Barry Diller, Michael Eisner, Oprah Winfrey, Robert Johnson, Andy Grove, Richard Parsons, and Donald Keough.
Allen & Co. was one of ten underwriters for the Google initial public offering in 2004. In 2007, Allen was sole advisor to Activision in its $18 billion merger with Vivendi Games. In 2011, the New York Mets hired Allen & Co. to sell a minority stake of the team. That deal later fell apart. In November 2013, Allen & Co. was one of seven underwriters on the initial public offering of Twitter. Allen & Co. was the adviser of Facebook in its $19 billion acquisition of WhatsApp in February 2014.
In 2015, Allen & Co. was the advisor to Time Warner in its $80 billion 2015 merger with Charter Communications, AOL in its acquisition by Verizon, Centene Corporation in its $6.8 billion acquisition of Health Net, and eBay in its separation from PayPal.
In 2016, Allen & Co was the lead advisor to Time Warner in its $108 billion acquisition by AT&T, LinkedIn for its merger talks with Microsoft, Walmart in its $3.3 billion purchase of Jet.com, and Verizon in its $4.8 billion acquisition of Yahoo!. In 2017, Allen & Co. was the advisor to Chewy.com in PetSmart’s $3.35 billion purchase of the online retailer.
Allen & Co throws the Sun Valley Conference every year where you get a glimpse of who sows up. Harvey Weinstein, though a past visitor, was not invited last year.
https://en.wikipedia.org/wiki/Allen_%26_Company_Sun_Valley_Conference
Previous conference guests have included Bill and Melinda Gates, Warren and Susan Buffett, Tony Blair, Google founders Larry Page and Sergey Brin, Allen alumnus and former Philippine Senator Mar Roxas, Google Chairman Eric Schmidt, Quicken Loans Founder & Chairman Dan Gilbert, Yahoo! co-founder Jerry Yang, financier George Soros, Facebook founder Mark Zuckerberg, Media Mogul Rupert Murdoch, eBay CEO Meg Whitman, BET founder Robert Johnson, Time Warner Chairman Richard Parsons, Nike founder and chairman Phil Knight, Dell founder and CEO Michael Dell, NBA player LeBron James, Professor and Entrepreneur Sebastian Thrun, Governor Chris Christie, entertainer Dan Chandler, Katharine Graham of The Washington Post, Diane Sawyer, InterActiveCorp Chairman Barry Diller, Linkedin co-founder Reid Hoffman, entrepreneur Wences Casares, EXOR and FCA Chairman John Elkann, Sandro Salsano from Salsano Group, and Washington Post CEO Donald E. Graham, Ivanka Trump and Jared Kushner, and Oprah Winfrey.
https://i.imgur.com/VZ0OtFa.png
George Tenet, with the reigns of Allen & Co in his hands, is able to single-handedly steer the entire Mockingbird apparatus from cable television to video games to Internet shills from a singular location determining the spectrum of allowable debate. Not only are they able to target people’s conscious psychology, they can target people’s endocrine systems with food and pornography; where people are unaware, on a conscious level, of how their moods and behavior are being manipulated.
https://i.imgur.com/mA3MzTB.png
"The problem with George Tenet is that he doesn't seem to care to get his facts straight. He is not meticulous. He is willing to make up stories that suit his purposes and to suppress information that does not."
"Sadly but fittingly, 'At the Center of the Storm' is likely to remind us that sometimes what lies at the center of a storm is a deafening silence."
https://i.imgur.com/YHMJnnP.png
Tenet joined President-elect Bill Clinton's national security transition team in November 1992. Clinton appointed Tenet Senior Director for Intelligence Programs at the National Security Council, where he served from 1993 to 1995. Tenet was appointed Deputy Director of Central Intelligence in July 1995. Tenet held the position as the DCI from July 1997 to July 2004. Citing "personal reasons," Tenet submitted his resignation to President Bush on June 3, 2004. Tenet said his resignation "was a personal decision and had only one basis—in fact, the well-being of my wonderful family—nothing more and nothing less. In February 2008, he became a managing director at investment bank Allen & Company.
https://i.imgur.com/JnGHqOS.png
We have the documentation that demonstrates what these people could possibly be doing with all of these tools of manipulation at their fingertips.
The term for it is “covert political action” for which all media put before your eyes is used to serve as a veneer… a reality TV show facade of a darker modus operandum.
https://i.imgur.com/vZC4D29.png
https://www.cia.gov/library/center-for-the-study-of-intelligence/kent-csi/vol36no3/html/v36i3a05p_0001.htm
It is now clear that we are facing an implacable enemy whose avowed objective is world domination by whatever means and at whatever costs. There are no rules in such a game. Hitherto acceptable norms of human conduct do not apply. If the US is to survive, longstanding American concepts of "fair play" must be reconsidered. We must develop effective espionage and counterespionage services and must learn to subvert, sabotage and destroy our enemies by more clever, more sophisticated means than those used against us. It may become necessary that the American people be made acquainted with, understand and support this fundamentally repugnant philosophy.
http://www.nbcnews.com/id/3340677/t/cia-operatives-shadowy-war-force/
Intelligence historian Jeffrey T. Richelson says the S.A. has covered a variety of missions. The group, which recently was reorganized, has had about 200 officers, divided among several groups: the Special Operations Group; the Foreign Training Group, which trains foreign police and intelligence officers; the Propaganda and Political Action Group, which handles disinformation; the Computer Operations Group, which handles information warfare; and the Proprietary Management Staff, which manages whatever companies the CIA sets up as covers for the S.A.
Scientology as a CIA Political Action Group – “It is a continuing arrangement…”: https://mikemcclaughry.wordpress.com/2015/08/25/scientology-as-a-cia-political-action-group-it-is-a-continuing-arrangement/
…Those operations we inaugurated in the years 1955-7 are still secret, but, for present purposes, I can say all that’s worth saying about them in a few sentences – after, that is, I offer these few words of wisdom. The ‘perfect’ political action operation is, by definition, uneventful. Nothing ‘happens’ in it. It is a continuing arrangement, neither a process nor a series of actions proceeding at a starting point and ending with a conclusion.
CIA FBI NSA Personnel Active in Scientology: https://i.imgur.com/acu2Eti.png
When you consider the number of forces that can be contained within a single “political action group” in the form on a “boutique investment firm,” where all sides of political arguments are predetermined by a selected group of actors who have been planted, compromised or leveraged in some way in order to control the way they spin their message.
https://i.imgur.com/tU4MD4S.png
The evidence of this coordinated effort is overwhelming and the “consensus” that you see on TV, in sports, in Hollywood, in the news and on the Internet is fabricated.
Under the guise of a fake account a posting is made which looks legitimate and is towards the truth is made - but the critical point is that it has a VERY WEAK PREMISE without substantive proof to back the posting. Once this is done then under alternative fake accounts a very strong position in your favour is slowly introduced over the life of the posting. It is IMPERATIVE that both sides are initially presented, so the uninformed reader cannot determine which side is the truth. As postings and replies are made the stronger 'evidence' or disinformation in your favour is slowly 'seeded in.'
Thus the uninformed reader will most likely develop the same position as you, and if their position is against you their opposition to your posting will be most likely dropped. However in some cases where the forum members are highly educated and can counter your disinformation with real facts and linked postings, you can then 'abort' the consensus cracking by initiating a 'forum slide.'
When you find yourself feeling like common sense and common courtesy aren’t as common as they ought to be, it is because there is a massive psychological operation controlled from the top down to ensure that as many people as possible are caught in a “tension based” mental loop that is inflicted on them by people acting with purpose to achieve goals that are not in the interest of the general population, but a method of operating in secret and corrupt manner without consequences.
Notice that Jeffrey Katzenberg, of Disney, who is intertwined with Allen & Co funds the Young Turks. He is the perfect example of the relationship between media and politics.
Katzenberg has also been involved in politics. With his active support of Hillary Clinton and Barack Obama, he was called "one of Hollywood's premier political kingmakers and one of the Democratic Party's top national fundraisers."
With cash from Jeffrey Katzenberg, The Young Turks looks to grow paid subscribers:
https://digiday.com/media/with-cash-from-katzenberg-the-young-turks-look-to-grow-paid-subscribers/
Last week, former DreamWorks Animation CEO Jeffrey Katzenberg’s new mobile entertainment company WndrCo was part of a $20 million funding round in TYT Network, which oversees 30 news and commentary shows covering politics, pop culture, sports and more. This includes the flagship “The Young Turks” program that streams live on YouTube every day. Other investors in the round included venture capital firms Greycroft Partners, E.ventures and 3L Capital, which led the round. This brings total funding for Young Turks to $24 million.
How Hollywood's Political Donors Are Changing Strategies for the Trump Era:
https://www.hollywoodreporter.com/features/hollywood-political-donors-are-changing-strategy-post-trump-1150545
Hollywood activism long has been depicted as a club controlled by a handful of powerful white men: Katzenberg, Spielberg, Lear, David Geffen, Haim Saban and Bob Iger are the names most often mentioned. But a new generation of power brokers is ascendant, including J.J. Abrams and his wife, Katie McGrath, cited for their personal donations and bundling skills; Shonda Rhimes, who held a get-out-the-vote rally at USC's Galen Center on Sept. 28 that drew 10,000 people; CAA's Darnell Strom, who has hosted events for Nevada congresswoman Jacky Rosen and Arizona congresswoman Kyrsten Sinema; and former Spotify executive Troy Carter, who held three fundraisers for Maryland gubernatorial candidate Ben Jealous (Carter also was a fundraiser for President Obama).
Soros Group Buys Viacom's DreamWorks Film Library:
https://www.forbes.com/2006/03/17/soros-viacom-dreamworks-cx_gl_0317autofacescan11.html#541a895f1f22
Viacom, after splitting off from Les Moonves Les Moonves ' CBS , still holds Paramount Pictures, and that movie studio in December agreed to acquire DreamWorks SKG, the creative shop founded by the Hollywood triumvirate of Steven Spielberg, David Geffen and Jeffrey Katzenberg (a former exec at The Walt Disney Co.). DreamWorks Animation had been spun off into a separate company.
Now it's time for Freston to make back some money--and who better to do a little business with than George Soros? The billionaire financier leads a consortium of Soros Strategic Partners LP and Dune Entertainment II LLC, which together are buying the DreamWorks library--a collection of 59 flicks, including Saving Private Ryan, Gladiator, and American Beauty.
The money you spend on media and junk food and in taxes goes to these groups who then decide how best to market at you so that they decide how you vote by creating a fake consensus to trick into thinking that you want something other than what is best for you; but will inevitably result in more money being funneled to the top, creating further separation between the super rich and the average person. The goal will be to assert creeping authoritarianism by generating outrage against policies and issues they hate. Part of manipulating your basic assumptions is also to use schadenfreude (think canned laughter on TV) against characters who support the cause that might actually do you the most good (which reaffirms and strengthens your confirmation biased along predetermined political lines).
https://i.imgur.com/PW1cRtj.png
We have a population being taught to hate socialism and love capitalism when the truth is no country is practicing either. These terms are merely disguises for political oligarchies where the collection of wealth is less about getting themselves rich and more about keeping everyone else poor.
What can you guess about the world around you if it turned out that every consensus that was forced on you was fake?
How much money would it take to make it look like 51% of the Internet believed in completely idiotic ideas? Combine shill operations with automation and AI’s, and the cost becomes a good investment relative to the return when measured in political power.
Even the people who are well intentioned and very vocal do not have to consciously be aware that they are working for a political action group. A covert political group will always prefer an unwitting tool to help push their agenda, so that they can remain in the shadows.
FDA Admonishes Drug Maker Over Kim Kardashian Instagram Endorsement https://www.forbes.com/sites/davidkroll/2015/08/11/fda-spanks-drug-maker-over-kim-kardashian-instagram-endorsement/#25174a29587b
The OSS files offer details about other agents than famous chef, Julia Child; including Supreme Court Justice Arthur Goldberg, major league catcher Moe Berg, historian Arthur Schlesinger Jr., and actor Sterling Hayden. http://www.nbcnews.com/id/26186498/ns/us_news-security/t/julia-child-cooked-double-life-spy/
USA Today: Businesses and organizations may refer to it as a tool for competitive advantage and marketing; but make no mistake http://archive.is/37tK3
Shareblue accounts caught in /politics posting links to Shareblue without disclosing their affiliation http://archive.is/7HAkr
Psy Group developed elaborate information operations for commercial clients and political candidates around the world http://archive.is/BBblQ
Top mod of /Mechanical_Gifs tries to sell subreddit on ebay for 999.00 dollars. http://archive.is/kU1Ly
Shill posts picture of a dog in a hammock with the brand clearly visible without indicating that it's an ad in the title of the post http://archive.is/Mfdk9
Arstechnica: GCHQs menu of tools spreads disinformation across Internet- “Effects capabilities” allow analysts to twist truth subtly or spam relentlessly. http://arstechnica.com/security/2014/07/ghcqs-chinese-menu-of-tools-spread-disinformation-across-internet/
Samsung Electronics Fined for Fake Online Comments http://bits.blogs.nytimes.com/2013/10/24/samsung-electronics-fined-for-fake-online-comments/?_r=0
Discover Magazine: Researchers Uncover Twitter Bot Army That’s 350 http://blogs.discovermagazine.com/d-brief/2017/01/20/twitter-bot-army/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20DiscoverTechnology%20%28Discover%20Technology%29#.WIMl-oiLTnA
Times of Israel - The internet: Israel’s new PR battlefield http://blogs.timesofisrael.com/the-rise-of-digital-diplomacy-could-be-changing-israels-media-image/
Time: Social Media Manipulation? When “Indie” Bloggers and Businesses Get Cozy http://business.time.com/2013/04/22/social-media-manipulation-when-indie-bloggers-and-businesses-get-cozy/
Content-Driven Detection of Campaigns in Social Media [PDF] http://faculty.cs.tamu.edu/caverlee/pubs/lee11cikm.pdf
the law preventing them from using this in America was repealed http://foreignpolicy.com/2013/07/14/u-s-repeals-propaganda-ban-spreads-government-made-news-to-americans/
Redditor who works for a potato mailing company admits to being a shill. He shows off his 27 thousand dollars he made in /pics
http://i.imgur.com/CcTHwdS.png
Screenshot of post since it was removed. http://i.imgur.com/k9g0WF8.png
Just thought I'd contribute to this thread http://imgur.com/OpSos4u
CNN: A PR firm has revealed that it is behind two blogs that previously appeared to be created by independent supporters of Wal-Mart. The blogs Working Families for Wal-mart and subsidiary site Paid Critics are written by 3 employees of PR firm Edelman http://money.cnn.com/2006/10/20/news/companies/walmart_blogs/index.htm
Vice: Your Government Wants to Militarize Social Media to Influence Your Beliefs http://motherboard.vice.com/read/your-government-wants-to-militarize-social-media-to-influence-your-beliefs
BBC News: China's Internet spin doctors http://news.bbc.co.uk/2/hi/7783640.stm
BBC News: US plans to 'fight the net' revealed http://news.bbc.co.uk/2/hi/americas/4655196.stm
Wall Street Journal: Turkey's Government Forms 6 http://online.wsj.com/news/articles/SB10001424127887323527004579079151479634742?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424127887323527004579079151479634742.html
Fake product reviews may be pervasive http://phys.org/news/2013-07-fake-product-pervasive.html#nRlv
USA Today: The co-owner of a major Pentagon propaganda contractor publicly admitted that he was behind a series of websites used in an attempt to discredit two USA TODAY journalists who had reported on the contractor. http://usatoday30.usatoday.com/news/military/story/2012-05-24/Leonie-usa-today-propaganda-pentagon/55190450/1
ADWEEK: Marketing on Reddit Is Scary http://www.adweek.com/news/technology/marketing-reddit-scary-these-success-stories-show-big-potential-168278
BBC- How online chatbots are already tricking you- Intelligent machines that can pass for humans have long been dreamed of http://www.bbc.com/future/story/20140609-how-online-bots-are-tricking-you
BBC news: Amazon targets 1 http://www.bbc.com/news/technology-34565631
BBC: More than four times as many tweets were made by automated accounts in favour of Donald Trump around the first US presidential debate as by those backing Hillary Clinton http://www.bbc.com/news/technology-37684418
Fake five-star reviews being bought and sold online - Fake online reviews are being openly traded on the internet
http://www.bbc.com/news/technology-43907695
http://www.bbc.com/news/world-asia-20982985
http://www.bbc.com/news/world-asia-20982985
Bloomberg: How to Hack an Election [and influence voters with fake social media accounts] http://www.bloomberg.com/features/2016-how-to-hack-an-election/
"Internet Reputation Management http://www.bloomberg.com/news/articles/2008-04-30/do-reputation-management-services-work-businessweek-business-news-stock-market-and-financial-advice
Buzzfeed: Documents Show How Russia’s Troll Army Hit America http://www.buzzfeed.com/maxseddon/documents-show-how-russias-troll-army-hit-america#.ki8Mz97ly
The Rise of Social Bots http://www.cacm.acm.org/magazines/2016/7/204021-the-rise-of-social-bots/fulltext
CBC News- Canadian government monitors online forums http://www.cbc.ca/news/canada/bureaucrats-monitor-online-forums-1.906351
Chicago Tribune: Nutrition for sale: How Kellogg worked with 'independent experts' to tout cereal http://www.chicagotribune.com/business/ct-kellogg-independent-experts-cereal-20161121-story.html
DailyKos: HBGary: Automated social media management http://www.dailykos.com/story/2011/02/16/945768/-UPDATED-The-HB-Gary-Email-That-Should-Concern-Us-All
Meme Warfare Center http://www.dtic.mil/dtic/tfulltext/u2/a507172.pdf
Shilling on Reddit is openly admitted to in this Forbes article http://www.forbes.com/sites/julesschroede2016/03/10/the-magic-formula-behind-going-viral-on-reddit/#1d2485b05271
Forbes: From Tinder Bots To 'Cuban Twitter' http://www.forbes.com/sites/kashmirhill/2014/04/17/from-tinder-bots-to-covert-social-networks-welcome-to-cognitive-hacking/#4b78e2d92a7d
Hivemind http://www.hivemind.cc/rank/shills
Huffington Post- Exposing Cyber Shills and Social Media's Underworld http://www.huffingtonpost.com/sam-fiorella/cyber-shills_b_2803801.html
The Independent: Massive British PR firm caught on video: "We've got all sorts of dark arts...The ambition is to drown that negative content and make sure that you have positive content online." They discuss techniques for managing reputations online and creating/maintaining 3rd-party blogs that seem independent. http://www.independent.co.uk/news/uk/politics/caught-on-camera-top-lobbyists-boasting-how-they-influence-the-pm-6272760.html
New York Times: Lifestyle Lift http://www.nytimes.com/2009/07/15/technology/internet/15lift.html?_r=1&emc=eta1
New York Times: Give Yourself 5 Stars? Online http://www.nytimes.com/2013/09/23/technology/give-yourself-4-stars-online-it-might-cost-you.html?src=me&ref=general
NY Times- From a nondescript office building in St. Petersburg http://www.nytimes.com/2015/06/07/magazine/the-agency.html?_r=1
NY Times: Effort to Expose Russia’s ‘Troll Army’ Draws Vicious Retaliation http://www.nytimes.com/2016/05/31/world/europe/russia-finland-nato-trolls.html?_r=1
PBS Frontline Documentary - Generation Like http://www.pbs.org/wgbh/frontline/film/generation-like/
Gamers promote gaming-gambling site on youtube by pretending to hit jackpot without disclosing that they own the site. They tried to retroactively write a disclosure covering their tracks http://www.pcgamer.com/csgo-lotto-investigation-uncovers-colossal-conflict-of-interest/
Raw Story: CENTCOM engages bloggers http://www.rawstory.com/news/2006/Raw_obtains_CENTCOM_email_to_bloggers_1016.html
Raw Story: Air Force ordered software to manage army of fake virtual people http://www.rawstory.com/rs/2011/02/18/revealed-air-force-ordered-software-to-manage-army-of-fake-virtual-people/
Redective http://www.redective.com/?r=e&a=search&s=subreddit&t=redective&q=shills
Salon: Why Reddit moderators are censoring Glenn Greenwald’s latest news story on shills http://www.salon.com/2014/02/28/why_reddit_moderators_are_censoring_glenn_greenwalds_latest_bombshell_partne
The Atlantic: Kim Kardashian was paid to post a selfie on Instagram and Twitter advertising a pharmaceutical product. Sent to 42 million followers on Instagram and 32 million on Twitter http://www.theatlantic.com/health/archive/2015/09/fda-drug-promotion-social-media/404563/
WAR.COM: THE INTERNET AND PSYCHOLOGICAL OPERATIONS http://www.theblackvault.com/documents/ADA389269.pdf
The Guardian: Internet Astroturfing http://www.theguardian.com/commentisfree/libertycentral/2010/dec/13/astroturf-libertarians-internet-democracy
The Guardian: Israel ups the stakes in the propaganda war http://www.theguardian.com/media/2006/nov/20/mondaymediasection.israel
Operation Earnest Voice http://www.theguardian.com/technology/2011/ma17/us-spy-operation-social-networks
The Guardian: British army creates team of Facebook warriors http://www.theguardian.com/uk-news/2015/jan/31/british-army-facebook-warriors-77th-brigade
The Guardian: US military studied how to influence Twitter [and Reddit] users in Darpa-funded research [2014] http://www.theguardian.com/world/2014/jul/08/darpa-social-networks-research-twitter-influence-studies
The Guardian: Chinese officials flood the Chinese internet with positive social media posts to distract their population http://www.theguardian.com/world/2016/may/20/chinese-officials-create-488m-social-media-posts-a-year-study-finds
Times of Israel: Israeli government paying bilingual students to spread propaganda online primarily to international communities without having to identify themselves as working for the government. "The [student] union will operate computer rooms for the project...it was decided to establish a permanent structure of activity on the Internet through the students at academic institutions in the country." http://www.timesofisrael.com/pmo-stealthily-recruiting-students-for-online-advocacy/
USA Today: Lord & Taylor settles FTC charges over paid Instagram posts http://www.usatoday.com/story/money/2016/03/15/lord--taylor-settles-ftc-charges-over-paid-instagram-posts/81801972/
Researcher's algorithm weeds out people using multiple online accounts to spread propaganda - Based on word choice http://www.utsa.edu/today/2016/10/astroturfing.html
http://www.webinknow.com/2008/12/the-us-air-force-armed-with-social-media.html
Wired: Powered by rapid advances in artificial intelligence http://www.wired.co.uk/magazine/archive/2015/06/wired-world-2015/robot-propaganda
Wired: Clinton Staff and Volunteers Busted for Astroturfing [in 2007] http://www.wired.com/2007/12/clinton-staff-a/
Wired: Pro-Government Twitter Bots Try to Hush Mexican Activists http://www.wired.com/2015/08/pro-government-twitter-bots-try-hush-mexican-activists/
Wired: Microsoft http://www.wired.com/2015/09/ftc-machinima-microsoft-youtube/
Wired: Military Report: Secretly ‘Recruit or Hire Bloggers’ http://www.wired.com/dangerroom/2008/03/report-recruit/
Wired: Air Force Releases ‘Counter-Blog’ Marching Orders http://www.wired.com/dangerroom/2009/01/usaf-blog-respo/
Reddit Secrets https://archive.fo/NAwBx
Reddit Secrets https://archive.fo/SCWN7
Boostupvotes.com https://archive.fo/WdbYQ
"Once we isolate key people https://archive.is/PoUMo
GCHQ has their own internet shilling program https://en.wikipedia.org/wiki/Joint_Threat_Research_Intelligence_Group
Russia https://en.wikipedia.org/wiki/State-sponsored_Internet_sockpuppetry
US also operates in conjunction with the UK to collect and share intelligence data https://en.wikipedia.org/wiki/UKUSA_Agreement
Glenn Greenwald: How Covert Agents Infiltrate the Internet to Manipulate https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/
Glenn Greenwald: Hacking Online Polls and Other Ways British Spies Seek to Control the Internet https://firstlook.org/theintercept/2014/07/14/manipulating-online-polls-ways-british-spies-seek-control-internet/
Here is a direct link to your image for the benefit of mobile users https://imgur.com/OpSos4u.jpg
Reddit for iPhone https://itunes.apple.com/us/app/reddit-the-official-app/id1064216828?mt=8
Why Satoshi Nakamoto Has Gone https://medium.com/@ducktatosatoshi-nakamoto-has-gone-4cef923d7acd
What I learned selling my Reddit accounts https://medium.com/@Rob79/what-i-learned-selling-my-reddit-accounts-c5e9f6348005#.u5zt0mti3
Artificial intelligence chatbots will overwhelm human speech online; the rise of MADCOMs https://medium.com/artificial-intelligence-policy-laws-and-ethics/artificial-intelligence-chatbots-will-overwhelm-human-speech-online-the-rise-of-madcoms-e007818f31a1
How Reddit Got Huge: Tons of Fake Accounts - According to Reddit cofounder Steve Huffman https://motherboard.vice.com/en_us/article/how-reddit-got-huge-tons-of-fake-accounts--2
Whistleblower and subsequent investigation: Paid trolls on /Bitcoin https://np.reddit.com/Bitcoin/comments/34m7yn/professional_bitcoin_trolls_exist/cqwjdlw
Confession of Hillary Shill from /SandersForPresident https://np.reddit.com/conspiracy/comments/3rncq9/confession_of_hillary_shill_from/
Why do I exist? https://np.reddit.com/DirectImageLinkerBot/wiki/index
Already a direct link? https://np.reddit.com/DirectImageLinkerBot/wiki/res_links
Here's the thread. https://np.reddit.com/HailCorporate/comments/3gl8zi/that_potato_mailing_company_is_at_it_again/
/netsec talks about gaming reddit via sockpuppets and how online discourse is (easily) manipulated. https://np.reddit.com/netsec/comments/38wl43/we_used_sock_puppets_in_rnetsec_last_year_and_are
Redditor comes clean about being paid to chat on Reddit. They work to promote a politician https://np.reddit.com/offmychest/comments/3gk56y/i_get_paid_to_chat_on_reddit/
Shill whistleblower https://np.reddit.com/politics/comments/rtr6b/a_very_interesting_insight_into_how_certain/
Russian bots were active on Reddit last year https://np.reddit.com/RussiaLago/comments/76cq4d/exclusive_we_can_now_definitively_state_that/?st=j8s7535j&sh=36805d5d
The Bush and Gore campaigns of 2000 used methods similar to the Chinese government for conducting “guided discussions” in chatrooms designed to influence citizens https://np.reddit.com/shills/comments/3xhoq8/til_the_advent_of_social_media_offers_new_routes/?st=j0o5xr9c&sh=3662f0dc
source paper. https://np.reddit.com/shills/comments/4d3l3s/government_agents_and_their_allies_might_ente
or Click Here. https://np.reddit.com/shills/comments/4kdq7n/astroturfing_information_megathread_revision_8/?st=iwlbcoon&sh=9e44591e Alleged paid shill leaks details of organization and actions.
https://np.reddit.com/shills/comments/4wl19alleged_paid_shill_leaks_details_of_organization/?st=irktcssh&sh=8713f4be
Shill Confessions and Additional Information https://np.reddit.com/shills/comments/5pzcnx/shill_confessions_and_additional_information/?st=izz0ga8r&sh=43621acd
Corporate and governmental manipulation of Wikipedia articles https://np.reddit.com/shills/comments/5sb7pi/new_york_times_corporate_editing_of_wikipedia/?st=iyteny9b&sh=b488263f
Ex -MMA fighter and ex-police officer exposes corrupt police practices https://np.reddit.com/shills/comments/6jn27s/ex_mma_fighter_and_expolice_officer_exposes/
User pushes InfoWars links on Reddit https://np.reddit.com/shills/comments/6uau99/chemicals_in_reddit_are_turning_memes_gay_take/?st=j6r0g2om&sh=96f3dbf4
Some websites use shill accounts to spam their competitor's articles https://np.reddit.com/TheoryOfReddit/comments/1ja4nf/lets_talk_about_those_playing_reddit_with/?st=iunay35w&sh=d841095d
User posts video using GoPro https://np.reddit.com/videos/comments/2ejpbb/yes_it_is_true_i_boiled_my_gopro_to_get_you_this/ck0btnb/?context=3&st=j0qt0xnf&sh=ef13ba81
Fracking shill whistleblower spills the beans on Fracking Internet PR https://np.reddit.com/worldnews/comments/31wo57/the_chevron_tapes_video_shows_oil_giant_allegedly/cq5uhse?context=3
https://i.imgur.com/Q3gjFg9.jpg
https://i.imgur.com/q2uFIV0.jpg
TOP SECRET SPECIAL HANDLING NOFORN
CENTRAL INTELLIGENCE AGENCY
Directorate of Operations
October 16, 1964
MEMORANDUM FOR THE DIRECTOR OF THE CIA
Subject: After action report of
Operation CUCKOO (TS)
INTRODUCTION

1) Operation CUCKOO was part of the overall operation CLEANSWEEP, aimed at eliminating domestic opposition to activities undertaken by the Central Intelligence Agency's special activities division, in main regard to operation GUILLOTINE.

2) Operation CUCKOO was approved by the Joint Chiefs of Staff, Department of Defense and the office of The President of the United States as a covert domestic action to be under taken within the limits of Washington D.C as outlined by Secret Executive Order 37.

3) Following the publishing of the Warren Commission, former special agent Mary Pinchot Meyer (Operation MOCKINGBIRD, Operation SIREN) also was married to Cord Meyer (Operation MOCKINGBIRD, Operation GUILLOTINE) threatened to disclose the details of several Special Activities Divisions' operations, including but not limited to, Operation SIREN and GUILLOTENE.
​1
TOP SECRET SPECIAL HANDLING NOFORN
4) It was deemed necessary by senior Directorate of Operations members to initiate Operation CUCKOO as an extension of Operation CLEANSWEEP on November 30th. After Mary Pinchot Meyer threatened to report her knowledge of Operation GUILLOTENE and the details of her work in Operation SIREN from her affair with the former President.

5) Special Activities Division was given the green light after briefing president Johnson on the situation. The situation report was forwarded to the Department of Defense and the Joint Chiefs of staff, who both approved of the parameters of the operation, as outlined under article C of secret executive order 37 (see attached copy of article).
​PLANNING STAGES
6) 8 members of the special activities division handpicked by operation lead William King Harvey began planning for the operation on October 3rd, with planned execution before October 16th.

7) The (?) of the operation was set as the neighborhood of Georgetown along the Potomac river, where the operators would observe, take note on routines, and eventually carry the operation.

8) After nothing Meyer's routines, Edward "Eddy" Reid was picked as the operation point man who would intersect Meyer on her walk on October 12th, with lead William King Harvey providing long range support if necessary from across the Chesapeake and Ohio canal (see illustration A for detailed map).

9) Edward Reid was planned to be dressed in the manner of a homeless black man, due to his resemblances to local trash collector (later found out to be Raymond Crump) who inhabits the AO and the path that Reid was planned to intersect Meyer.
2
TOP SECRET SPECIAL HANDLING NOFORN
submitted by The_Web_Of_Slime to Intelligence [link] [comments]

Pitbull: Let's do bitcoin (Business Week)

Pitbull: Let's do bitcoin (Business Week) submitted by zeusa1mighty to Bitcoin [link] [comments]

Buying in China and selling in USA. The New American Dream | My Story

Hi entrepreneur I've followed this sub for quite a while, I enjoy the (rare) good posts, and I'd like to tell my story and hope you takeaway some useful knowledge. I was a 2009 college graduate, so I didn't even have a chance to join the workforce in any meaningful way. Entrepreneurship is just natural to me and I hope I can sustain it over a lifetime
My entrepreneur journey began selling football tickets during college at U of Florida. Imagine an 18-year old white kid standing next to the veteran scalpers and hawking tickets. It was the best experience I could imagine. I think of it as rejection therapy Learning to not be afraid of a 'no' is a very important part of being an entrepreneur. After college, I started buying and selling tickets online using TicketMaster and Stubhub. Selling tickets could be its own thread, it's such an interesting space. There are fortunes being made buying tickets to in-demand events online. It's just rather tedious (imagine entering 50,000 captcha phrases a year) Also, scalping tickets online doesn't provide 'value' to anyone. I read the domain parking thread today and it makes me proud to be making money by delivering value, not withholding it for profit.
I grew tired of tickets and decided to visit a friend in China. I stayed for 6 weeks and bought some watches to bring back for gifts. One watch was especially cool and people asked about it everywhere I went. I got back in touch with my friend in China (who was just teaching English at the time) and he traced it back to a supplier. I thought I needed an investopartner so I contacted the only rich guy I knew and he gave me $4,000 to be my 50/50 partner. I ordered 800 watches for $3 each, and paid some guy $3,000 to make me a website.
Lesson 1 DON'T SPEND MORE THAN $300 ON YOUR FIRST WEB PRESENCE
I scrapped that site in less than a month and built my own on Shopify. If you can operate your facebook page, you can setup a Shopify account, it's stupid easy. I set the price at $65.
Lesson 2 PRICE HIGH
It gives you so many advantages. Better customers, less returns, room for wholesale/distributors, and a higher perceived value. Anyway, I created a fun brand around this. We did fun photoshoots, ran contests in the community (facebook ads were really cheap back then), and we really gained some customers. In a stroke of good luck, I got in touch with a Groupon rep and they agreed to run a deal for my watches. I was one of the first products to run on Groupon. (Remember, Groupon was mainly for services like spas and meals at the time) This went well initially, and they slated me for a Black Friday national deal. They sold 7,000 of my 'deals' in 3 days. Turns out my supplier back in China was just a trade company, and he couldn't pull off a deal of my size on his 'credit' He almost completely screwed up the whole deal, and it was literally one of the lowest points of my life. In the end, I fulfilled about 70% of the orders successfully, and the other 30% basically told me I ruined their Christmas and got refunds. Funny thing was, Groupon still paid me out the entire amount even though there were almost 2,000 really upset customers (an omen that Groupon did not have their house in order and had their own crash coming) This company was called TIKKR by the way. The site is still up but I'm not really in business anymore. I might try to revive it someday. But I could see the writing on the wall. There were at least 50 companies I knew of that sold the exact same watch, including Walgreens which sold it without a brand name for $4.99. I dropped my price and got what I could out of it, but I needed a new idea. Also I had returns and warranties like mad and it cost me a ton of cash, the watches were just cheap...
I honestly don't remember how it came about, but I became aware of bamboo sunglasses being a thing. I was approached by my China friends to start something together. We were hanging out in Chicago that summer (2012 I think) which happened to be Groupon headquarters. I had a friend who worked there, and he got me access to their sales floor so I just kind of hung around and bothered people until I found the girl who sold fashion accessories.
Lesson 3 To get that big break, sometimes you just have to hang around until something happens to you. Not sure if that really qualifies as a legit 'lesson' but whatever.
I got her to agree to run us on a national scale. She told us to prepare 10,000 units for sale. I don't know how, but we got $180,000 together between 3 partners . The China guys, the Groupon insider, and me. (Actually I do know how, I used my TIKKR money with a big boost from Bank of Mom. Hi mom!) The China guys handled production, I handled branding, marketing, and everything else and the Groupon guy was the Groupon guy. I came up with Woodies (and I even bought Woodies.com for $4,000 from some Canadian dude who was selling hockey stick chairs) The idea came from the old Woodie station wagons where the frame was made from wood. I rented a few cars for the photoshoots I was obsessed with Ashley Sky at the time and I had the crazy idea to hire her for a photoshoot. I contacted her people and to my amazement, she was only like $600 for a day and she had 100k instagram followers! I figured we would make that money back with one post from her. The Groupon sale went live and we sold like 4,000 instead of 10,000.
Lesson 4 Be optimistic in general, but be realistic when it comes to forecasts.
I can't remember how many times I had a deal setup where I was like, yea I'm going to pay off all my student loans with this deal. It was usually mildly successful, but after all the bills were paid off, I wasn't as far ahead as I thought I would be. It reminds me of the Old Man and the Sea. You land this HUGE deal, but by the time you drag it to shore, a bunch of little things have brought it back to size. Overhead, customer service time, returns/warranties, new orders, customs fees, shipping really add up. So with that 'poor' sales showing, the China guys ran into their own cash-flow problems. Groupon guy and I were forced to buy them out basically. But we had a real business with real customers and we were rolling. We now had $140,000 capital base after paying off the China guys, not enough for a big order, so I noticed Kickstarter was really blowing up, and thought I could bridge our cash-flow with a blockbuster kickstarter campaign. This is where things get pretty interesting. I got it in my head I wanted to hire Kendall Jenner for this campaign. Somehow I tracked down her modeling agency and eventually her direct manager. They quoted me $100,000 for the day. I created a Pinterest board and sent it to her and asked if she would do it for $25,000 plus a bunch of incentives and they said YES! I was completely thrown off and not sure what to do. I ran some projections and thought that I could make up most of that money if we raised a lot of kickstarter money. I hired Ashley Sky, Damaris Aguiar, Kendall Jenner, Aygemang Clay, Lyall Aston photographed it, Sagette Van Embden videoed it, Lina Palacios styled it, Mary Guthrie was hair and makeup. It was a giant production. I couldn't believe it. I flew everyone out to Malibu, CA using Southwest Airlines buddy passes! Imagine Ashley Sky and Damaris Aguiar (so hot) standing at the Southwest ticket counter like wtf is standby? I'm over here sweating bullets hoping we don't get stuck in New Orleans and I look like a fraud. Actually I fought those type of feelings a lot during this period.
Lesson 5 Don't ever put yourself down.
Entrepreneurship is a crazy, improvisational dance. Sometimes I would look around at my competition and think they had it figured out, they were following a plan, they were 'professionals' and I was just doing my best to pretend. That's BS, we're ALL making it up as we go! Don't put this process on a pedestal, fake it til you make it! Anywho, I rent out a Malibu HQ using Airbnb and rented a van for the day. I still can't help but laughing when I remember this scene: I'm driving a large van with Kendall Jenner, Ashley Sky, Damaris Aguiar, and some bros, in the mountains of Malibu, I'm driving kind of fast around the curves because we're late for the call time I set for us. I'm wearing a captain's hat because that was my thing during that time. and Kendall's manager scolded me for taking the turns too fast. Fun times
Here is how the campaign turned out
So, I got Kendall to agree to Instagram/tweet/facebook the kickstarter campaign, but what I didn't realize is kickstarter is not mainstream and it just didn't convert. I raised like $30,000 in revenue against a cost of like $70,000. I can't say whether I would do it again given hindsight. It has led to great brand recognition because Kendall has kind of blew up and become a mega celebrity. AND her management let me write that contract so I have rights to those photos forever. One tweet by her got me close to 20,000 email subscribers which has been a stream of income ever since. (Shoutout Mailchimp!) *Monkeyrewards fyi Since then, I've been trying to come up with new designs, build on the brand, and leverage the list that came from Kendall Jenner's gravity to make sales. It's pretty seasonal, coming mostly during the summer and Christmas season. I have some big plans for 2015, but I have to keep them quiet for the time being, maybe there will be a follow-up post this next year
All that was a year ago and Woodies has had some good times and some slow times. I got into wood watches which have been really good sellers. I started selling on Amazon *affiliate, which has been a great boost to the bottom line.
Keep in mind that during this whole time I barely took a paycheck, and moved back in with mom in Tulsa, OK during a dry spell. I don't spend a lot of money, I have zero savings (except for a few Bitcoins) I actually travel most of the year, I'm in Thailand right now writing this to you. So to summarize, I've been an entrepreneur for a long time, and my success is best characterized by a few BIG wins, and mostly small, gradual losses. In between, my life has been great, I get to travel, work remotely, perform autonomous, creative work, do photoshoots with hot models, and learn a lot about myself and the world around me. I wouldn't trade it back and I'm optimistic about he future
Tech that makes all this possible:
Shipwire & Amazon FBA (Amazon FBA > Shipwire if you're wondering)
All Google Products: Gmail, Google Drive, Google Forms, Analytics
Xero for accounting
Shopify for e-commerce
[Fiverr](Fiverr.com) to boost online reviews
Alibaba for finding suppliers. Once you find them, visit them, and invest in a relationship with them
Mailchimp for Email marketing (the best thing going in my opinion)
Flexport for freight forwarding, definitely changing the game
Other takeaways:
Wholesale business and international shipping are both great if you like to waste huge amounts of time chasing small amounts of money. Stick to domestic until you're really big-time.
Never commit to big upfront costs. Always start small and test
Have a solid accounting system and data management system. It'll come in handy when you need it
I've got to shout out my friend and one-time employee Joanna (she just started OnceBitten ) I was rarely as productive as when I had someone else keeping me accountable and adding great ideas and hard work to the process. I guess the lesson is if you're going to hire somebody, make sure they're really, really good and pay them well
Things I haven't quite solved yet:
Customer Service management (I hate answering emails for real)
Taxes
CRM like Salesforce or something (is this necessary guys?)
I could go on, but I think this is enough. If you're still reading this, I'll answer questions if anyone wants to ask about business in China, solo-travel, branding, ecommerce, etc I'm not an expert in many things, but I know a little bit about a lot
See you at the Beach!
Cory Stout, Owner Woodies
A couple shout-outs: My other entrepreneur homies doing big things! RevelryDresses(group orders of sorority dresses)
OtisandEleanor(bluetooth speakers from bamboo)
OriginalGrain(wood watches, prob better than mine :) )
edit: Just want to say I'm enjoying hearing from you all. I'm doing solo travel right now, so it's nice to connect with other entrepreneurs out there
submitted by sigmaschmooz to Entrepreneur [link] [comments]

The doublespeak of Federal Reserve VP Andolfatto

A couple days ago, Fed VP David Andolfatto gave a presentation on Bitcoin. It was generally hailed as "fair and balanced" by observers.
Yet, we cannot let people in positions of power get away with nonsense such as the following, taken from a Bloomberg article today:
"Andolfatto said today the Fed has provided a fairly stable currency for 100 years and “passed the market test.” The value of Bitcoin is prone to swings because a central authority can’t issue more supply in times when demand for money soars, such as in a financial crisis, he said."
This is absurd.
First, anyone who thinks the Fed has provided a fairly stable currency for 100 years needs to read this: http://archive.lewrockwell.com/orig10/voorhees1.1.1.html
TLDR - the dollar was stable for 150 years pre-central bank. Then central bank was created "to stabilize the value of the dollar" and over the next 100 years the dollar has lost over 96% of its value. That is a big fat fail.
Second, the Fed cannot be said to "pass the market test" because it is the antithesis of a market. Central banks are a replacement for the market of money and interest. Central planning by governments is the opposite of markets. The only test the Fed has passed is the scorecard it gives itself.
And third, related to Bitcoin specifically, its volatility is most certainly not due to the inability of a benevolent central bank to to print more of it. Its volatility is due to A) small market size, B) the fact that it's new and experimental and C) a sensationalist narrative. Time soothes all three of these, and Bitcoin will slowly earn stability in the marketplace (as opposed to achieving it through the coercion of government) .
The dollar's superficial stability (which only appears stable over the short term, as it loses value continually over time) is not due to central bank omnipotence, but rather to market size. And indeed, it was far more stable before the Fed existed (this was mostly due to the "dollar" being just the name for an amount of gold).
Andolfatto is engaged is doublespeak and fallacy, suggesting the opposite of the truth: that money is flawed to the extent it cannot be debased.
Now that Bitcoin exists, this kind of economic witchcraft will fade, and the world will see which currency is real, and which is virtual.
Bloomberg article: http://www.businessweek.com/news/2014-03-31/bitcoin-s-swings-hurt-viability-as-currency-fed-economist-says
submitted by evoorhees to Bitcoin [link] [comments]

I think I'm sensing a pattern here with Overstock, and now Zynga.

Let's face it. Both Overstock and Zynga were becoming increasingly irrelevant. In a competing economy, Overstock lost massive market share to the likes of Amazon and eBay in recent years. And similarly, Zynga detached from their close Facebook partnership, to now only being worth just a fraction of what they were during their peak.
Before both of these companies announced their Bitcoin plans, who in here honestly even knew about them to begin with (much less rooting for them to adopt Bitcoin)? We were all cheering for companies like Amazon, Steam, eBay and an entire list of other entities to adopt Bitcoin before these two declining companies ever crossed our minds. Of course, now that they've formally announced their interest in adopting Bitcoin, this subreddit suddenly thinks these two companies are the greatest things in the world.
I mean seriously, what's next? Barnes & Noble? J.C. Penney? All I see are two desperate companies grabbing desperately at measures to save a desperately sinking ship.
submitted by rrtson to Bitcoin [link] [comments]

Bill Gates on Bitcoin.

So Bill Gates admits mobile banking and mobile money are the future, but Bitcoin has too many shortfalls to be the answer?
Wait, we have heard this before. As late as 1995 After the internet had been around for a while and the browser had existed for a couple of years, Bill Gates still couldn't accept that the internet was the answer. He was still saying we will have a "Digital Information Super Highway" but the internet has too many shortfalls.
He then went as far as spending $250 million of Microsoft capital deploying X25 accross the United States, a superior protocol, but no one ever used it!
Bill gates once again underestimates a protocol that is "good enough" and still ignores network effect in action.. Just like X25 he wants to support a "better" digital currency protocol, and once again he will fail..
The internet is THE information exchange protocol..
Bitcoin is THE value exchange protocol..
Edit: A few requested random sources:
http://www.wired.com/2010/05/0526bill-gates-internet-memo/all/
http://thisdayintechhistory.com/05/26/bill-gates-internet-tidal-wave/
http://www.businessweek.com/1996/29/b34842.htm
This ^ Businessweek article is an internet mirror image of how Bill Gates is acting towards Bitcoin today! Well worth the read guys!
submitted by slvbtc to Bitcoin [link] [comments]

Turning Taiwan's largest electronic sound festival into a virtual currency application lab...

Turning Taiwan's largest electronic sound festival into a virtual currency application lab...
Quick and dirty translation of the recent ULTRA Festival article on Yahoo Mobile (China) - linked below...
https://preview.redd.it/64psurff93m11.png?width=1160&format=png&auto=webp&s=78b4bab7db4f9e09dd7c01ef762688c32553969f
Fireworks, dry ice, screams, the second weekend of September, Taipei Dajia Riverside Park gathered tens of thousands of people, they are the fans of the world's largest electronic music party Ultra Music Festival (hereinafter referred to as Ultra). After many years of hard work, this grand event originated from Miami, Florida, was officially held in Taiwan for the first time. It not only brought the world's top 100 DJ lineups, the US officially designed luxury stage, but also a large number of overseas fans.
The rock and roll men and women in the party held a color card in their hands, and the transactions of the 39 stall vendors on the spot were completed by it. Surprisingly, this card called X Pass is not the new Taiwanese currency, but the virtual currency U coin developed for the event with the blockchain concept. Let the original focus on the ultrasound. Suddenly added one more identity - the world's largest blockchain application laboratory.
The protagonist of this experiment is the founder of the Southeast Asian blockchain company Pundi X, a 35-year-old Malaysian Chinese, Zac Cheah.
In the popular blockchain industry, most people want to profit from the issuance and trading of virtual currency. However, he rarely invests in the application and puts the funds raised into hardware. "What I hope to solve is the real trading of virtual currency. The question." Xie Zibin further explained, "I want to be a blockchain version of Visa, so that people can easily buy things in virtual currency in their daily lives."
He raised 1.1 billion yuan for machine-built money , and nearly four times the market value of his own virtual currency.
Xie Zibin's Pundi X launched ICO (Initial Coin Offering) at the beginning of this year, and launched a virtual currency code-named NPXS. The funds raised will be 100,000 XPOS, just like Visa's credit card machine, which is made around the world. Virtual currency can be consumed and applied in real life, and it is no longer just a "currency" that is invisible in the cloud.
Investors who participate in the Fundi X fundraising can get the virtual currency NPXS, which is also the conversion currency used to operate all virtual currency transactions on XPOS, which is the medium of trading.
Unexpectedly, this concept raised $35 million (about NT$1.1 billion) in 90 minutes, and rushed into the top 10 ICOs in the world.
Long-term focus on the blockchain industry source Platinum Capital Executive Changhu said that although the ICO frenzy has raised more than a billion dollars in the world since the ICO frenzy, "but from the perspective of a single startup, ICO can get it. $35 million, this is definitely a lot of money."
According to the virtual currency quote website CoinMarketCap, the market value of Bitcoin has shrunk by more than 60% since the beginning of this year, but the market value of NPXS has grown nearly four times against the trend, reaching US$170 million (about NT$5.3 billion) and entering the world. The top 50 list of virtual currency market capitalization.
Why is the price of NPXS continuing to rise? Xie Zibin said that because it is a virtual currency with real use scenarios, it can continue to create so much demand and value. In this regard, Hu Day agreed, "In the big bear market where the virtual currency is turbulent, it can still maintain the rise, I believe the market has given the answer."
Born in Malaysia, from the Xiao Nian Chinese Language School, Xie Zibin from the Institute of Studies in Sweden and Norway, joined the World Wide Web inventor Bernard. Lee's W3C (World Wide Web Consortium) promotes the new web page specification HTML5.
Fighting for Differentiation" won the hardware of the top 100 Microsoft high-level cooperation coin circle, no one is playing, he is alone
He recalled that in 2010, the specifications of the web pages used by people were the hegemony of the overlord. The two strong ones were: Flash controlled by a Adobe company, and HTML thought by a number of companies. In the same year, Xie Zibin served as the promotion chairman of the latter in China. "That experience has influenced me a lot. The design of HTML follows the "consensus decision". Everyone has to vote for a thing to develop."
As it became the global mainstream step by step, Xie Zibin deeply realized that the open source is greater than the monopoly spirit, and the blockchain technology with "decentralization" as the core value became his first choice when starting a business.
David Ben Kay, former China's former legal chief, has run a new incubator in Beijing. "I have met many entrepreneurs. Those geniuses have a vision, but there are not many people who can listen to others. Zac There are a few who have ideals and abilities, but they remain open." He also mentioned that Xie Zibin insisted on being a blockchain product that everyone can use in his life. He is from the director of Ethereum, Microsoft China Law Chief, etc. At the time of his retirement, he nodded as an important reason for the Pundi X legal chief.
However, even if it is put into the blockchain application, there are still many options, most of which can be solved by writing code. Why does Xie Zibin have to go to Shenzhen, China to find a factory to do hardware? "The first wave of people coming in is a soft body, and the homogenization is very serious. You see no one in the top 100." Xie Zibin said, "But I think the blockchain is definitely not the only way!" Give the industry a different spark, let Xie Zibin embark on a more twisted but wonderful road than others.
Benefit sharing, tandem three-party people provide low-cost machines to attract merchants to join
What is special about this XPOS?
At first glance, it is no different from the POS (point-of-sales intelligence system) machine in the general store, but it is a clever way to benefit three-party users: consumers, businesses, and blockchain developers. Wen Ruo-ting, vice president of Pundi X, stated, “Consumers who use XPOS to pay or purchase virtual currency only need to pay 1% more fees, which is more cost-effective than traditional 5% (virtual currency) exchanges. At the same time, merchants earn more than this. The handling fee will increase the profit."
In addition to guests and stores, XPOS also hopes to be the underlying platform for blockchain developers, allowing different developers to develop their own applications on this machine. Huang Pu, the technology chief of Pundi X, said that its technology can help other blockchain applications reduce development costs. For example, BusinessWeek can issue "Business Week" in XPOS, and can also develop applications such as smart contracts subscribed to by magazines. It is a revolution in the blockchain world."
As for the business model, Pundi X does not rely on this machine to make money, but provides merchants at a very low price, so that it can quickly expand globally, and the main income comes from the distribution.
Qiu Yujia, CEO of the EMBA of the University of Political Science and Technology, said that the Pundi X is in line with the three elements of the new economy towards the user era: the use of technology, the experience of being king, and multiple roles. "Especially the third point of "multiple roles", this POS becomes a platform for customers, businesses, and companies interested in developing applications to serve each other. Compared with traditional POS, it has more roles as a splicer and aggregator. I think There is potential." There are not enough users of the Challenge to educate the market and seize the market. However, after all, the top 100 people in the currency circle are nowhere to go, and the difficulties faced by Pundi X are more challenging.
Wang Mengdie, founder of China's blockchain media "Star Daily", said at a summit that the biggest problem in the blockchain industry is that there are no users, only investors and speculators. Therefore, just as if no one used a credit card, Visa's machines were designed to be better, faster, and useless. How much demand for virtual currency transactions will grow in the next few years is a test that Pundi X can't avoid.
Even if the market for virtual currency real transactions can really expand, Hu Day pointed out that, like the large exchange ICE recently to cooperate with Starbucks to pay for virtual currency, XPOS coverage is fast enough to compete with these giants.
In addition, virtual currency has the unpredictable nature of the ups and downs. Wang Zhide, founder of Bitu, a virtual currency exchange, evaluated the experience of establishing a blockchain incubator in Shibuya. "The currency price fluctuation is too large. "Not strong," he said. "In the long run, he thinks, "When the blockchain industry develops, it will definitely be necessary for the market to solve the pain of real payment."
Xie Zibin also understands that the success or failure of Pundi X depends on the needs of real trading, and the education market and market share are the top priorities. At present, XPOS has received 25,000 orders, and he hopes to reach the target of 100,000 units in three years. In addition, in order to expand the use of ethnic groups, it is expected that another hardware product will be launched by the end of this year, extending the same concept from the merchant to the consumer.
Although the road ahead is not clear, Xie Zibin, who has decided to use the consensus and applied, has already verified his charm by the virtual currency market. The number of the Pundi X team has grown by more than 100 people in just two years. "I don't want to play speculative games. Blockchain has more possibilities than speculative coins." The blockchain enters human life and realizes that it no longer relies on the financial transactions of financial institutions. It is the moment to truly develop and take off. This road When will it be achieved? Xie Zibin’s entrepreneurial direction is the beginning.
Born: 1982
Education: Master of Information Security, Norwegian University of Science and Technology, Master of Computer Computing, Royal Institute of Technology, Sweden
: W3C China HTML5 Group Founder, Opera Software China Network Technology Standards Director
: Pundi X Founder and CEO
Original:https://tw.mobi.yahoo.com/news/%E4%BB%96%E6%8A%8A%E5%8F%B0%E7%81%A3%E6%9C%80%E5%A4%A7%E9%9B%BB%E9%9F%B3%E8%B6%B4-%E8%AE%8A%E8%99%9B%E5%B9%A3%E6%87%89%E7%94%A8%E5%AF%A6%E9%A9%97%E5%A0%B4-095957332.html



submitted by crypt0hodl1 to PundiX [link] [comments]

Thoughts on potential Russian Manipulation of Cryptocurrency Market

**[edit: I'm being called a sockpuppet. Someone asked me whether Upcoin really gave you $500 bucks, so I joined, checked it out, and explained my experience. I've nothing to do with Upcoin other than that.]
I had a realization yesterday that Russia could potentially be manipulating the entire cryptocurrency market. This was before I had actually seen any articles about potential manipulation on their part. I wanted to lay out how I came to this understanding, and the research that I gathered that may support such manipulation. I am not a cryptocurrency expert and I have only been actively trading since September.
Please feel free to point out anything I may not fully understanding yet if you disagree with my post, or areas of attack I may not have considered if you do agree.
This morning I realized I had no idea how to turn my Digibyte into fiat currency. I have no intention of giving up my Digibyte, I just thought it might be a good idea to figure it out. I know how to change it back to LTC or BTC but from there I still couldn't figure out how to convert that into fiat currency. Some research brought up an Bitcoin.com news article titled "Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’"article that said 80% of most people holding bitcoin don't know how to exchange back to fiat, and the 20% who do are either selling it for cash by finding people willing to buy it, or doing some sort of Western Union method.
Anyway, that got me thinking.. how is the cryptocurrency market falling overall? If the majority of holders don't know how to exchange their crypto for fiat then how is the entire market falling, instead of just having the monetary value of the bitcoin moved into altcoins?
[Sidenote: Is it possible that bitcoin had reached the highs it did because a way to funnel large amounts of currency out of the markets hadn't yet been found?]
To my (relatively new) understanding of the markets, if most BTC holders don't know how to exchange for fiat then the entire crypto market should stay about the same overall but we have seen recent dramatic reductions in the combined market capitalization for the entire market from a high of $830 billion in the beginning of January 2018 to the current combined cap of about $360 billion today.
If people are investing money into a market and have no way to get it out the only place for it to move is to other currencies on the market. Right?
If we assume that the 20% of bitcoin holders are holders of large sums (which is most likely the case), how are they exchanging crypto into fiat?
The Bitcoin.com news article I referenced a few paragraphs above said that any process taken to exchange back to fiat was generally a slow, time-consuming process because of the methods involved. It seemed to suggest moving large sums was difficult no matter which way you tried.
I immediately thought of Russia. Not because I'm a Russia Hater (I am) but because of the recent Venezuelan introduction of the Petro blockchain. In articles and headlines I've seen recently, I saw a $6 billion figure that has been invested so far.
If Russia is manipulating the markets by funneling money into the Venezuelan Petro, how are they doing it?
Russia Mining Coin was my first guess.
The coin is valued at $7,571 as of 5:30pm yesterday. A quick glance at the chart shows it is obviously being manipulated. The price dropped from $9,503 to $7,246 in five minutes between 11:59am and 12:04pm. I also saw a similar but far smaller dip in Digibyte around exactly the same time.
Looking at the market cap (11 million as of yesterday) and 24-hour volume ($299 when I checked yesterday) though, it wouldn't appear that the large sums needed to affect an entire market have moved through this coin. However, it appears that volumes on crypto exchanges are easily faked or inflated.
Now Russia Mining Coin is listed on BitFlip and Kuna. I haven't researched these exchanges yet. However, there are also alternative coins (RussiaCoin and PutinCoin or any of the other 1500 listed on CoinMarketCap that no one has paid attention to) which could also be avenues Russia is using to divert crypto market value by selling to interested third parties paying in fiat. Although it is easy to manipulate market volumes, it is hard to do it on a cryptocurrency as big as Bitcoin which is listed on so many exchanges. A smaller, more centralized and less traded coin makes it much easier to manipulate the volume traded on an exchange.
Why would Russia do this? First of all, they will do anything to negatively impact the US. Secondly, if this manipulation is being done to aid in Venezuela's Petro then the long-term goals could be for OPEC to have USD removed as the currency of exchange for oil and replaced by Petro. To my shock and horror, I found a Bloomberg article from 2009 which is titled, "Oil Not Priced in Dollars by 2018? Some oil producing countries and big buyers are hatching a plan to move away from pricing oil in dollars a potential blow to the greenback's prestige" It cannot be coincidence that this article so closely coincides with the release of the Petro.
After all of this research, I found this article "Is Venezuela’s “Petro” Digital Currency a Russian-Backed Move Against the US?"
I am a big fan of Digibyte. I believe Jared Tate has designed a blockchain which is fully decentralized and has more than done his fair share to ensure that those who hold Digibyte are protected from price manipulation. However, altcoins are linked to Bitcoin and if Bitcoin can be manipulated in this way then every altcoin will also be affected. Wouldn't it?
Is there any merit to this line of thinking? Am I incorrect in any of my understandings involving markets or currencies?
If I have said anything that isn't correct, please point out specifically where I am wrong. I've only actively been involved in crypto since September and so I may not be fully aware of all functions of the markets.
submitted by kain099 to CryptoCurrency [link] [comments]

10 Most Dangerous Viruses in Internet History.

Getting a computer virus has happened to many users in some fashion or another. To most, it is simply a mild inconvenience, requiring a cleanup and then installing that antivirus program that you’ve been meaning to install but never got around to. But in other cases, it can be a complete disaster, with your computer turning into a very expensive brick which which no amount of antivirus can protect.
In this list, we will highlight some of the worst and notorious computer viruses that have caused a lot of damage in real life. And since people usually equate general malware like worms and trojan horses as viruses, we’re including them as well. These malware have caused tremendous harm, amounting to billions of dollars and disrupting critical real life infrastructure. Here are the 10 most famous and malicious computer viruses.
Recommended Reading: 10 Signs Your PC Has Been Compromised

1. ILOVEYOU

The ILOVEYOU virus is considered one of the most virulent computer virus ever created and it’s not hard to see why. The virus managed to wreck havoc on computer systems all over the world, causing damages totaling in at an estimateof $10 billion. 10% of the world’s Internet-connected computers were believed to have been infected. It was so bad that governments and large corporations took their mailing system offline to prevent infection.
📷via BBC
The virus was created by two Filipino programers, Reonel Ramones and Onel de Guzman. What it did was use social engineering to get people to click on the attachment; in this case, a love confession. The attachment was actually a script that poses as a TXT file, due to Windows at the time hiding the actual extension of the file. Once clicked, it will send itself to everyone in the user’s mailing list and proceed to overwrite files with itself, making the computer unbootable. The two were never charged, as there were no laws about malware. This led to the enactment of the E-Commerce Law to address the problem.

2. Code Red

Code Red first surfaced on 2001 and was discovered by two eEye Digital Security employees. It was named Code Red because the the pair were drinking Code Red Mountain Dew at the time of discovery. The worm targeted computers with Microsoft IIS web server installed, exploiting a buffer overflow problem in the system. It leaves very little trace on the hard disk as it is able to run entirely on memory, with a size of 3,569 bytes. Once infected, it will proceed to make a hundred copies of itself but due to a bug in the programming, it will duplicate even more and ends up eating a lot of the systems resources.
📷via F-Secure
It will then launch a denial of service attack on several IP address, famous among them the website of the White House. It also allows backdoor access to the server, allowing for remote access to the machine. The most memorable symptom is the message it leaves behind on affected web pages, "Hacked By Chinese!", which has become a meme itself. A patch was later released and it was estimate that it caused $2 billion in lost productivity. A total of 1-2 million servers were affected, which is amazing when you consider there were 6 million IIS servers at the time.

3. Melissa

Named after an exotic dancer from Florida, it was created by David L. Smith in 1999. It started as an infected Word document that was posted up on the alt.sex usenet group, claiming to be a list of passwords for pornographic sites. This got people curious and when it was downloaded and opened, it would trigger the macro inside and unleash its payload. The virus will mail itself to the top 50 people in the user’s email address book and this caused an increase of email traffic, disrupting the email services of governments and corporations. It also sometimes corrupted documents by inserting a Simpsons reference into them.
📷via MSN Canada
Smith was eventually caught when they traced the Word document to him. The file was uploaded using a stolen AOL account and with their help, law enforcement was able to arrest him less than a week since the outbreak began.He cooperated with the FBI in capturing other virus creators, famous among them the creator of the Anna Kournikova virus. For his cooperation, he served only 20 months and paid a fine of $5000 of his 10 year sentence. The virus reportedly caused $80 million in damages.

4. Sasser

A Windows worm first discovered in 2004, it was created by computer science student Sven Jaschan, who also created the Netsky worm. While the payload itself may be seen as simply annoying (it slows down and crashes the computer, while making it hard to reset without cutting the power), the effects were incredibly disruptive, with millions of computers being infected, and important, critical infrastructure affected. The worm took advantage of a buffer overflow vulnerability in Local Security Authority Subsystem Service (LSASS), which controls the security policy of local accounts causing crashes to the computer. It will also use the system resources to propagate itself to other machines through the Internet and infect others automatically.
📷via HP
The effects of the virus were widespread as while the exploit was already patched, many computers haven’t updated. This led to more than a million infections, taking out critical infrastructures, such as airlines, news agencies, public transportation, hospitals, public transport, etc. Overall, the damage was estimated to have cost $18 billion. Jaschen was tried as a minor and received a 21 month suspended sentence.

5. Zeus

Zeus is a Trojan horse made to infect Windows computers so that it will perform various criminal tasks. The most common of these tasks are usually man-in-the-browser keylogging and form grabbing. The majority of computers were infected either through drive-by downloads or phishing scams. First identified in 2009, it managed to compromise thousands of FTP accounts and computers from large multinational corporations and banks such as Amazon, Oracle, Bank of America, Cisco, etc. Controllers of the Zeus botnet used it to steal the login credentials of social network, email and banking accounts.
📷via Abuse.ch
In the US alone, it was estimated that more than 1 million computers were infected, with 25% in the US. The entire operation was sophisticated, involving people from around the world to act as money mules to smuggle and transfer cash to the ringleaders in Eastern Europe. About $70 million were stolen and in possession of the ring. 100 people were arrested in connection of the operation. In late 2010, the creator of Zeus announced his retirement but many experts believe this to be false.

6. Conficker

Also known as Downup or Downadup, Conficker is a worm of unknown authorship for Windows that made its first appearance in 2008. The name comes form the English word, configure and a German pejorative.It infects computers using flaws in the OS to create a botnet. The malware was able to infect more than 9 millions computers all around the world, affecting governments, businesses and individuals. It was one of the largest known worm infections to ever surface causing an estimate damage of $9 billion.
📷via Wikipedia
The worm works by exploiting a network service vulnerability that was present and unpatched in Windows. Once infected, the worm will then reset account lockout policies, block access to Windows update and antivirus sites, turn off certain services and lock out user accounts among many. Then, it proceeds to install software that will turn the computer into a botnet slaveand scareware to scam money off the user. Microsoft later provided a fix and patch with many antivirus vendors providing updates to their definitions.

7. Stuxnet

Believed to have been created by the Israeli Defence Force together with the American Government, Stuxnet is an example of a virus created for the purpose of cyberwarfare, as it was intended to disrupt the nuclear efforts of the Iranians. It was estimated that Stuxnet has managed to ruin one fifth of Iran’s nuclear centrifuges and that nearly 60% of infections were concentrated in Iran.
📷via IEEE
The computer worm was designed to attack industrial Programmable Logic Controllers (PLC), which allows for automation of processes in machinery. It specifically aimed at those created by Siemens and was spread through infected USB drives. If the infected computer didn’t contain Siemens software, it would lay dormant and infect others in a limited fashion as to not give itself away. If the software is there, it will then proceed to alter the speed of the machinery, causing it to tear apart. Siemens eventually found a way to remove the malware from their software.

8. Mydoom

Surfacing in 2004, Mydoom was a worm for Windows that became one of the fastest spreading email worm since ILOVEYOU. The author is unknown and it is believed that the creator was paid to create it since it contains the text message, “andy; I’m just doing my job, nothing personal, sorry,”. It was named by McAfee employee Craig Schmugar, one of the people who had originally discovered it. ‘mydom’ was a line of text in the program’s code (my domain) and sensing this was going to be big, added ‘doom’ into it.
📷via Virus.Wikidot.com
The worm spreads itself by appearing as an email transmission error and contains an attachment of itself. Once executed, it will send itself to email addresses that are in a user’s address book and copies itself to any P2P program’s folder to propagate itself through that network. The payload itself is twofold: first it opens up a backdoor to allow remote access and second it launches a denial of service attack on the controversial SCO Group. It was believed that the worm was created to disrupt SCO due to conflict over ownership of some Linux code. It caused an estimate of $38.5 billion in damages and the worm is still active in some form today.

9. CryptoLocker

CryptoLocker is a form of Trojan horse ransomware targeted at computers running Windows. It uses several methods to spread itself, such as email, and once a computer is infected, it will proceed to encrypt certain files on the hard drive and any mounted storage connected to it with RSA public key cryptography. While it is easy enough to remove the malware from the computer, the files will still remain encrypted. The only way to unlock the files is to pay a ransom by a deadline. If the deadline is not met, the ransom will increase significantly or the decryption keys deleted. The ransom usually amount to $400 in prepaid cash or bitcoin.
📷via Bleepingcomputer.com
The ransom operation was eventually stopped when law enforcement agencies and security companies managed to take control part of the botnet operating CryptoLocker and Zeus. Evgeniy Bogachev, the ring leader, was charged and the encryption keys were released to the affected computers. From data collected from the raid, the number of infections is estimated to be 500,000, with the number of those who paid the ransom to be at 1.3%, amounting to $3 million.

10. Flashback

Though not as damaging as the rest of the malware on this list, this is one of the few Mac malware to have gain notoriety as it showed that Macs are not immune. The Trojan was first discovered in 2011 by antivirus company Intego as a fake Flash install. In its newer incarnation, a user simply needs to have Java enabled (which is likely the majority of us). It propagates itself by using compromised websites containing JavaScript code that will download the payload. Once installed, the Mac becomes part of a botnet of other infected Macs.
📷via CNET
The good news is that if it is infected, it is simply localized to that specific user’s account. The bad news is that more than 600,000 Macs were infected, including 274 Macs in the Cupertino area, the headquarters of Apple. Oracle published a fix for the exploit with Apple releasing an update to remove Flashback from people’s Mac. It is still out in the wild, with an estimate of 22,000 Macs still infected as of 2014.
submitted by bogdan9409 to u/bogdan9409 [link] [comments]

The world's first Bitcoin ATM still chugging along

The world's first Bitcoin ATM still chugging along submitted by obi-nine to vancouver [link] [comments]

Mass Surveillance News Collection from 2010

>>>>>>>>> Mass Surveillance
>>>>>>>>> Cognitive Infiltration and Mass Social Psychology Abuse
>>>>>>>> Smartphone Intrusion, Remote activation of Mics and Cameras
>>>>>>>>>>>>>>>>>>>>>>> Ways and Means; Technology and Law
>>>>>>> AT&T
>>>>>>>>>> Amazon, Apple, Facebook, Google, Microsoft, Twitter, Yahoo
>>>>>>>> Goals
>>>>>>>>>>> Lies, Coverups, Resource Misuse, and Danger of Tacit Complicity
>>>>>> Global Deep State Cooperation and Imitation
>>>>>>>>> Hardware, Rootkit, FIrmware Spyware
>>>>>>>> Blowback
>>>>>> Exoteric, Stated Goals of the Security State Have Failed
....CONTINUED IN COMMENTS
submitted by 911bodysnatchers322 to conspiracy [link] [comments]

Another great reason to promote Bitcoin as a better system: All U.S. ATMs must update their OS (from Windows XP!) by April 8, or they will be out of compliance with new gov't. regulations. 95% of ATMs in the US STILL need the update! - which can cost $thousands per ATM.

Microsoft is ceasing support for Windows XP on April 8. Amazingly, 95% of the ATM machines in the U.S. are STILL running XP. Government regs require that ATM machines run an OS which receives security patches.
http://www.businessweek.com/articles/2014-01-16/atms-face-deadline-to-upgrade-from-windows-xp
"More advanced ATM fleets can do the update over their networks. Older ATMs must be upgraded one by one or even replaced entirely if they don’t have enough computing power to run the newer, more demanding software. “My bank operates an ATM that looks like it must be 20 years old, and there’s no way that it can support Windows 7,” says Cluckey. “A lot of ATMs will have to either have their components upgraded or be discarded altogether and sold into the aftermarket—or just junked.”
. . .
"The cost to upgrade a single ATM to Windows 7 can range from a few hundred dollars if its hardware is adequate, says Stewart, to thousands of dollars if new components are required."
To make matters even worse for ATM owners, in 2015 they will again need to upgrade all of their ATMs to accept the new secure-chip cards that are finally making it to the US market.
Another great way to promote Bitcoin. ATMs and debt/credit cards are about to become a comparatively expensive hassle.
submitted by djsjjd to Bitcoin [link] [comments]

Said nobody ever

Good comment from user Voogru at businessweek.com about unreasonable critics of deflation:
Man, I lost my cell phone.
If I wait six months, I'll be able to get a better cell phone for less, or the cell phone I want now for FIFTY PERCENT LESS. I'm going to go without a cell phone for six months.
Said nobody ever.
Man, my car broke down.
If I wait six months, I'll be able to get a better car for less money. So I'm going to go without transportation for six months.
Said nobody ever.
Man, I'm out of food.
I'm going to wait a few months before buying any food, because by then it will be much cheaper.
Said nobody ever.
link
submitted by anykind to Bitcoin [link] [comments]

What is the long term effect on BTC's price if BTC is primarily used as a way to (in effect) transfer fiat by completely hedging price fluctuations?

TL; DR: What if most individuals/businesses/banks solely use BTC as a way to in effect transfer fiat by completely hedging BTC price fluctuations (as many businesses already do and as the article below suggests banks may ultimately do)? What, if any, effect would this have on the long term price of BTC?
While it may at first seem that the increased ability of businesses to accept BTC (regardless of whether they hold it) would likely induce more people to hold it (to transact with and/or as an investment) and thus boost the price in the long run, I'm starting to wonder if this is correct. Would this perfectly hedged use exist side by side with, and be essentially distinct from, BTC's use as a currency? Ie, would this simply have no effect on whether BTC is used as a currency and/or held as a store of value? Might not BTC become just a low cost way to transfer fiat without being accumlated and therefore not lead to an increase in price?
This article was the immediate impetus for my question: http://www.businessweek.com/news/2014-01-22/bitcoin-targets-giants-visa-to-jpmorgan-with-lower-cost-payments ("...the uses of Bitcoin as a payments system could extend to bank treasuries moving cash within companies, wiring money overseas or sending money to other banks... Bitcoin could easily get picked up as back-office infrastructure for payments around the world... In the future, consumers may pay in dollars and merchants may receive the same, with Bitcoin having only an intermediary technological role.")
[I posted this already in the main forum and didn't get substantive responses (http://www.reddit.com/Bitcoin/comments/1vvtfc/what_is_the_long_term_effect_on_btcs_price_if_btc). I apologize if reposting it here is inappropriate]
submitted by tryn2hlp to BitcoinMarkets [link] [comments]

25 Coins in 10 minutes?? Can this be right?

http://www.businessweek.com/printearticles/176685-the-bitcoin-mining-arms-race-heats-up
submitted by oldredditperv to BitcoinBeginners [link] [comments]

What happened with China?

I crashed my motorcycle into a banana stand and was in a coma for a month. I wake up and China is no longer planning to use Bitcoin as its reserve currency? Whats going on here? Last I knew, this was the news:
http://money.cnn.com/2013/11/18/investing/bitcoin-china/index.html?iid=HP_LN
http://www.businessweek.com/articles/2013-10-14/chinas-state-press-calls-for-building-a-de-americanized-world
http://www.reddit.com/Bitcoin/comments/1syctx/canadian_billionaire_predicts_end_of_us_dollar_as/
The USA was going to miss out and China was going to takeover the world because of bitcoin. Is that no longer the case?
submitted by IwannaBrich to Bitcoin [link] [comments]

Want to Purchase Bloomberg Bitcoin Unicorn "Biticorn" as a poster!

Have you seen Bloombergs Bitcoin Unicorn?
http://www.businessweek.com/articles/2014-01-09/bitcoin-dreams-bloomberg-businessweeks-cover-with-unicorn#comment-1193851291
It's awesome. I love bitcoin, and this poster is simply awesome. If you would like a copy of the cover as a poster as well, leave a message on the site in the comments section, and perhaps they will
submitted by dennisonb to Bitcoin [link] [comments]

Buying in China. Selling in US: The New American Dream | My story (x-post from r/entrepreneur

Hi entrepreneur I've followed this sub for quite a while, I enjoy the (rare) good posts, and I'd like to tell my story and hope you takeaway some useful knowledge. I was a 2009 college graduate, so I didn't even have a chance to join the workforce in any meaningful way. Entrepreneurship is just natural to me and I hope I can sustain it over a lifetime
My entrepreneur journey began selling football tickets during college at U of Florida. Imagine an 18-year old white kid standing next to the veteran scalpers and hawking tickets. It was the best experience I could imagine. I think of it as rejection therapy Learning to not be afraid of a 'no' is a very important part of being an entrepreneur. After college, I started buying and selling tickets online using TicketMaster and Stubhub. Selling tickets could be its own thread, it's such an interesting space. There are fortunes being made buying tickets to in-demand events online. It's just rather tedious (imagine entering 50,000 captcha phrases a year)
I grew tired of tickets and decided to visit a friend in China. I stayed for 6 weeks and bought some watches to bring back for gifts. One watch was especially cool and people asked about it everywhere I went. I got back in touch with my friend in China (who was just teaching English at the time) and he traced it back to a supplier. I thought I needed an investopartner so I contacted the only rich guy I knew and he gave me $4,000 to be my 50/50 partner. I ordered 800 watches for $3 each, and paid some guy $3,000 to make me a website. Lesson 1 DON'T SPEND MORE THAN $300 ON YOUR FIRST WEB PRESENCE I scrapped that site in less than a month and built my own on Shopify. If you can operate your facebook page, you can setup a Shopify account, it's stupid easy. I set the price at $65. Lesson 2 PRICE HIGH It gives you so many advantages. Better customers, less returns, room for wholesale/distributors, and a higher perceived value. Anyway, I created a fun brand around this. We did fun photoshoots, ran contests in the community (facebook ads were really cheap back then), and we really gained some customers. In a stroke of good luck, I got in touch with a Groupon rep and they agreed to run a deal for my watches. I was one of the first products to run on Groupon. (Remember, Groupon was mainly for services like spas and meals at the time) This went well initially, and they slated me for a Black Friday national deal. They sold 7,000 of my 'deals' in 3 days. Turns out my supplier back in China was just a trade company, and he couldn't pull off a deal of my size on his 'credit' He almost completely screwed up the whole deal, and it was literally one of the lowest points of my life. In the end, I fulfilled about 70% of the orders successfully, and the other 30% basically told me I ruined their Christmas and got refunds. Funny thing was, Groupon still paid me out the entire amount even though there were almost 2,000 really upset customers (an omen that Groupon did not have their house in order and had their own crash coming) This company was called TIKKR by the way. The site is still up but I'm not really in business anymore. I might try to revive it someday. But I could see the writing on the wall. There were at least 50 companies I knew of that sold the exact same watch, including Walgreens which sold it without a brand name for $4.99. I dropped my price and got what I could out of it, but I needed a new idea. Also I had returns and warranties like mad and it cost me a ton of cash, the watches were just cheap...
I honestly don't remember how it came about, but I became aware of bamboo sunglasses being a thing. I was approached by my China friends to start something together. We were hanging out in Chicago that summer (2012 I think) which happened to be Groupon headquarters. I had a friend who worked there, and he got me access to their sales floor so I just kind of hung around and bothered people until I found the girl who sold fashion accessories. Lesson 3 To get that big break, sometimes you just have to hang around until something happens to you. Not sure if that really qualifies as a legit 'lesson' but whatever. I got her to agree to run us on a national scale. She told us to prepare 10,000 units for sale. I don't know how, but we got $180,000 together between 3 partners . The China guys, the Groupon insider, and me. (Actually I do know how, I used my TIKKR money with a big boost from Bank of Mom. Hi mom!) The China guys handled production, I handled branding, marketing, and everything else and the Groupon guy was the Groupon guy. I came up with Woodies (and I even bought Woodies.com for $4,000 from some Canadian dude who was selling hockey stick chairs) The idea came from the old Woodie station wagons where the frame was made from wood. I rented a few cars for the photoshoots I was obsessed with Ashley Sky at the time and I had the crazy idea to hire her for a photoshoot. I contacted her people and to my amazement, she was only like $600 for a day and she had 100k instagram followers! I figured we would make that money back with one post from her. The Groupon sale went live and we sold like 4,000 instead of 10,000. Lesson 4 Be optimistic in general, but be realistic when it comes to forecasts. I can't remember how many times I had a deal setup where I was like, yea I'm going to pay off all my student loans with this deal. It was usually mildly successful, but after all the bills were paid off, I wasn't as far ahead as I thought I would be. It reminds me of the Old Man and the Sea. You land this HUGE deal, but by the time you drag it to shore, a bunch of little things have brought it back to size. Overhead, customer service time, returns/warranties, new orders, customs fees, shipping really add up. So with that 'poor' sales showing, the China guys ran into their own cash-flow problems. Groupon guy and I were forced to buy them out basically. But we had a real business with real customers and we were rolling. We now had $140,000 capital base after paying off the China guys, not enough for a big order, so I noticed Kickstarter was really blowing up, and thought I could bridge our cash-flow with a blockbuster kickstarter campaign. This is where things get pretty interesting. I got it in my head I wanted to hire Kendall Jenner for this campaign. Somehow I tracked down her modeling agency and eventually her direct manager. They quoted me $100,000 for the day. I created a Pinterest board and sent it to her and asked if she would do it for $25,000 plus a bunch of incentives and they said YES! I was completely thrown off and not sure what to do. I ran some projections and thought that I could make up most of that money if we raised a lot of kickstarter money. I hired Ashley Sky, Damaris Aguiar, Kendall Jenner, Aygemang Clay, Lyall Aston photographed it, Sagette Van Embden videoed it, Lina Palacios styled it, Mary Guthrie was hair and makeup. It was a giant production. I couldn't believe it. I flew everyone out to Malibu, CA using Southwest Airlines buddy passes! Imagine Ashley Sky and Damaris Aguiar (so hot) standing at the Southwest ticket counter like wtf is standby? I'm over here sweating bullets hoping we don't get stuck in New Orleans and I look like a fraud. Actually I fought those type of feelings a lot during this period. Lesson 5 Don't ever put yourself down. Entrepreneurship is a crazy, improvisational dance. Sometimes I would look around at my competition and think they had it figured out, they were following a plan, they were 'professionals' and I was just doing my best to pretend. That's BS, we're ALL making it up as we go! Don't put this process on a pedestal, fake it til you make it! Anywho, I rent out a Malibu HQ using Airbnb and rented a van for the day. I still can't help but laughing when I remember this scene: I'm driving a large van with Kendall Jenner, Ashley Sky, Damaris Aguiar, and some bros, in the mountains of Malibu, I'm driving kind of fast around the curves because we're late for the call time I set for us. I'm wearing a captain's hat because that was my thing during that time. and Kendall's manager scolded me for taking the turns too fast. Fun times
Here is how the campaign turned out
So, I got Kendall to agree to Instagram/tweet/facebook the kickstarter campaign, but what I didn't realize is kickstarter is not mainstream and it just didn't convert. I raised like $30,000 in revenue against a cost of like $70,000. I can't say whether I would do it again given hindsight. It has led to great brand recognition because Kendall has kind of blew up and become a mega celebrity. AND her management let me write that contract so I have rights to those photos forever. One tweet by her got me close to 20,000 email subscribers which has been a stream of income ever since. (Shoutout Mailchimp!) *Monkeyrewards fyi Since then, I've been trying to come up with new designs, build on the brand, and leverage the list that came from Kendall Jenner's gravity to make sales. It's pretty seasonal, coming mostly during the summer and Christmas season. I have some big plans for 2015, but I have to keep them quiet for the time being, maybe there will be a follow-up post this next year
All that was a year ago and Woodies has had some good times and some slow times. I got into wood watches which have been really good sellers. I started selling on Amazon *affiliate, which has been a great boost to the bottom line.
Keep in mind that during this whole time I barely took a paycheck, and moved back in with mom in Tulsa, OK during a dry spell. I don't spend a lot of money, I have zero savings (except for a few Bitcoins) I actually travel most of the year, I'm in Thailand right now writing this to you. So to summarize, I've been an entrepreneur for a long time, and my success is best characterized by a few BIG wins, and mostly small, gradual losses. In between, my life has been great, I get to travel, work remotely, perform autonomous, creative work, do photoshoots with hot models, and learn a lot about myself and the world around me. I wouldn't trade it back and I'm optimistic about he future
Tech that makes all this possible:
Shipwire & Amazon FBA (Amazon FBA > Shipwire if you're wondering)
All Google Products: Gmail, Google Drive, Google Forms, Analytics
Xero for accounting
Shopify for e-commerce
[Fiverr](Fiverr.com) to boost online reviews
Alibaba for finding suppliers. Once you find them, visit them, and invest in a relationship with them
Mailchimp for Email marketing (the best thing going in my opinion)
Flexport for freight forwarding, definitely changing the game
Other takeaways:
Wholesale business and international shipping are both great if you like to waste huge amounts of time chasing small amounts of money. Stick to domestic until you're really big-time.
Never commit to big upfront costs. Always start small and test
Have a solid accounting system and data management system. It'll come in handy when you need it
I've got to shout out my friend and one-time employee Joanna (she just started OnceBitten ) I was rarely as productive as when I had someone else keeping me accountable and adding great ideas and hard work to the process. I guess the lesson is if you're going to hire somebody, make sure they're really, really good and pay them well
Things I haven't quite solved yet:
Customer Service management (I hate answering emails for real)
Taxes
CRM like Salesforce or something (is this necessary guys?)
I could go on, but I think this is enough. If you're still reading this, I'll answer questions if anyone wants to ask about business in China, solo-travel, branding, ecommerce, etc I'm not an expert in many things, but I know a little bit about a lot
See you at the Beach!
Cory Stout, Owner Woodies
A couple shout-outs: My other entrepreneur homies doing big things! RevelryDresses(group orders of sorority dresses) OtisandEleanor(bluetooth speakers from bamboo) OriginalGrain(wood watches, prob better than mine :) )
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