Value of bitcoin surges

To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers value of bitcoin surges tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Enter the terms you wish to search for. Bitcoin and other virtual currencies have nearly halved in value since last month, prompting a popular cryptocurrency forum to offer suicide prevention support to any members who may have been impacted financially by the price crash.

The cryptocurrency forum on Reddit, which has almost half a million subscribers, featured a post with links to the U. National Suicide Prevention Lifeline, as well as other suicide and mental health resources for people who live outside the United States. The price falls of bitcoin and other major cryptocurrencies—like ethereum, litecoin and ripple—have been attributed to a variety of factors, including news reports in South Korea and China about increased government regulation on exchanges, as well as the closure of the popular crypto platform Bitconnect. 45,000 upvotes and more than 3,000 comments. During the late 2017 price surges, prominent cryptocurrency figure George Popescu spoke of the need for a specialized suicide prevention hotline for people affected by the significant swings.

People borrow money and invest in cryptocurrencies. Maybe what we should do right now is to set up a suicide prevention lifeline to give those who hoard bitcoins a call and ask if they really know what they are doing. The volatility of bitcoin has previously been named a factor in suicide, with a post on Reddit’s bitcoin forum last month detailing a story in which a 29-year-old man apparently killed himself after missing out on the bitcoin gold rush. My brother killed himself because of BTC,’ one user wrote about how a sibling became depressed after selling or losing up to 15,000 bitcoins before bitcoin’s dramatic price surge in 2017. 50M I might have killed myself too.

I can’t imagine what my brother must have been feeling these past several years knowing he missed his best and easiest shot at the wealthy life he had always fantasized about. Find out how IB schools are shaping global education. Has the day of the smart computer controlled micro-grid arrived? They reduce dependency on power from large centralised utilities whilst at the same time empowering communities to become self sufficient in energy supplies. Disclaimer It is rare for me to write on a topic that I do not understand. It is equally rare for me to spend several hours trying to understand a topic and to be not much wiser after doing so.

Some or all of what I have written here may turn out to be nonsense and readers are well advised to take no actions based on my words. Microgrids For a long while, I have read energy articles in the Green Tech Press which I believe are utter rubbish and I have understood the technical reasons why this is so. More recently I have been finding it increasingly hard to understand the jargon particularly with regards to the application of blockchain technology and I decided it was time to try and find out what is going on. But the lasting impact of bitcoin may end up being blockchain, the technology that makes the currency work. Blockchain has the potential to integrate renewable energy into the electricity grid in a way that is clean, easy and meaningful to the average energy consumer. This is all doable because Carros is home to the world’s first smart solar grid: a large scale experiment to integrate renewables into the grid.

GE worked with French grid operator Enedis to install solar panels on residential and commercial rooftops, implement demand response technologies and create battery storage across the grid. Home owners who are gone during the day can sell their electricity to businesses that need more daytime energy. And when they return home they can buy electricity from local batteries, electric vehicles or from businesses that can flexibly respond to changing energy prices. Carros will probably end up being dependent upon for most of the time.