08-14-14 -- Justus Ranvier - (MP3 & VIDEO LOADED)
Hour 1 - 3
Freedom's Phoenix Headline News
(Video Archive):
2014-08-14 Hour 1 Freedom's Phoenix Headline News from Ernest Hancock on Vimeo.
Hour 2
Freedom's Phoenix Headline News
(Video Archive):
2014-08-14 Hour 2 Freedom's Phoenix Headline News from Ernest Hancock on Vimeo.
The Bitcoin Price is Crumbling ? Why?
The Bitcoin price continues the downward trend with hitting an all time low since mid June 2014 with 550 USD per Bitcoin. Two days ago our author Venzen Khaosan posted a Bitcoin price analysis that could help explain why the price is falling the way it does now. Beyond the below factors which are always driving down the price, one large event that may be triggering this price drop is the sale of Ethereum's bitcoins.
The Technical Bitcoin TradersAs Venzen's article explain:
At the time of writing, the Bitstamp exchange price has entered a holding pattern around $575. Additional downside seems inevitable, and chart analysis suggests that the current wave down may be the last. However, it may also be the strongest wave of the current decline.
And:
For now, the primary target of decline is $525, with further analysis keeping an eye on how price negotiates way point $556.
People that trade bitcoins on a regular basis, either by day trading, bots, or going long, tend to follow the different analysis and inputs which in the end makes the price move. If the price falls below a so-called "support level", more people may sell their bitcoins because they fear it may fall even lower. Bots however, that are made by humans with fear, got a "stop-loss" mechanism that tells them to start selling bitcoins if the price falls below a certain level.
The big Merchants and Bitcoin Payment ProcessorsMost merchants that accepts Bitcoin like Dell, Expedia, Overstock, and so on, immediately sells their bitcoins to receive the correct amount in USD instead. This can cause a downward sell pressure that will make the price fall if the buying capacity is below the selling capacity.
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Feature Article ? Global Edition
American History
PATTERNS OF HARASSMENT
Vin Suprynowicz
Some say the
wealth of America lies in her coal mines and her forests, her wheat
fields and her factories. But they are wrong. I have seen the wealth of
America. It lies in the hearts of Cliff Gardner, Cliven Bundy, and the
Hage children.
Hour 3
2014-08-14 Hour 3 Justus Ranvier
(Video Archive):
2014-08-14 Hour 3 Justus Ranvier from Ernest Hancock on Vimeo.
Justus RanvierWebpages:
Bitcoinism.Liberty.me
"Thoughts on Bitcoin and the future digital economy"
Meetup.Com/BitcoinAustin
Twitter.Com/JustusRanvier
TOPICS DISCUSSED ON THE SHOW:
Satoshi Nakamoto Institute
http://nakamotoinstitute.org/
The Satoshi Nakamoto Institute (SNI) was founded in November 2013.
On January 3rd, 2009, an anonymous computer programmer (or programmers) going by the name Satoshi Nakamoto mined the first block of the Bitcoin blockchain, kickstarting the world's first fully realized crypto-currency. Satoshi did not build Bitcoin in a vacuum, however. Instead he stood upon the shoulders of cryptographic giants and free software gurus. From Timothy C. May and the Cypherpunks to Richard Stallman, Nick Szabo and beyond, the foundations of Bitcoin were built by a distributed network of innovators seeking to use cryptographic and open source software to bring freedom to an unfree world. Bitcoin itself is only the beginning. The Satoshi Nakamoto Institute will learn from the past and build toward the future, through scholarship, community, and coding.
The Satoshi Nakamoto Institute is eager to share with the world the best ideas past, present, and future in cryptography, distributed networks, economic freedom, and freedom of information. We are dedicated to curating the best primary source literature that challenge the status quo through technological innovation.
Bitcoin is not the beginning, nor is it the end. SNI wants to not just think about but build the future through free software development.
Michael Goldstein
President
Daniel Krawisz
Director of Research
Pierre Rochard
Treasurer
Cody Wilson
Director of Communications
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Conformal Systems, LLC
Webpage: Conformal.Com
We are open source enthusiasts. And although we have extensive backgrounds in the digital tech space, we employ a number of open source developers with the goal of fostering significant innovations within the open source community and in the greater software development world. Our team adheres to strict coding standards that have been proven over the years; we subscribe to the belief that our work should be subject to the scrutiny, the insight and the contributions of others in the open source community.
Open Thinking We make software because we care about privacy and security.btcd - Full-node implementation of the bitcoin protocol in GoCyphertite - Scalable high security solution for online backupsXombrero - Minimalistic web browser with sophisticated security featuresSpectrwm - Dynamic tiling window manager for X11Adsuck - DNS server, used primarily for blocking malicious sites and advertisementsslideml - Meta-language generation for presenting slides in web browsers
Focused on BTCD:
btcd is an alternative full-node implementation of the bitcoin protocol written in Go and is currently under active development. We feel that by providing an alternative to bitcoind we can substantially improve the diversity and resilience of the bitcoin ecosystem and infrastructure. The code is available on github here.