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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.investopedia.com/news/bitcoin-price-rallies-amid-twitter-cryptocurrency-ban-rumors/",
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      "author": "bright-remain",
      "permlink": "bitcoin-price-rallies-amid-twitter-cryptocurrency-ban-rumors-2af48c77df73e",
      "title": "Bitcoin Price Rallies Amid Twitter Cryptocurrency Ban Rumors",
      "body": "![image](https://img.esteem.ws/uyfv1fsux0.jpg)Bitcoin prices rallied a bit Monday after approaching $7,000 yesterday amid rumors of an impending Twitter ban on cryptocurrency advertising.\n\nThe price of one bitcoin token (BTC) hovered at $8,250 as of this writing, up 0.66% from 24 hours earlier. Bitcoin's price hit a low of $7,336 on Sunday before staging a tentative comeback, according to CoinDesk.\n\n\nNot surprisingly, the BTC rally fueled a similar uptick among all 10 of the top 10 most valuable cryptocurrencies by market cap. Ethereum and Neo both posted price gains of more than 3%, while Tron (TRX) soared 9.7%.\n\n ![image](https://img.esteem.ws/okyuxsxi8c.jpg)\n\nThe tepid recovery is welcome relief after the entire cryptocurrency market was slammed last week when search engine giant Google announced it will ban crypto ads starting in June. (See more: Google Bans Advertising Related To Cryptocurrency Products.)\n\n**Rumors of Twitter Crypto Ban Roils Market**\nThe Google ban followed a similar move by social media juggernaut Facebook, which banned crypto ads in January 2018. Facebook product management director, Rob Leathern, explained the move in a blog post:\n\n\n>\"We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception. That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.\"\n\nRumors are now swirling that Twitter could enact a similar ban on its massive platform. According to Sky News, the microblogging platform is considering banning crypto advertisements as well as ads for cryptocurrency exchanges.\n\nThe news site reported that the new advertising policy \"will be implemented in two weeks and currently stands to prohibit advertisements for initial coin offerings (ICOs), token sales, and cryptocurrency wallets globally.\"\n\nTwitter has not confirmed the rumors, but a ban wouldn't be surprising, since Twitter has already suspended the accounts of online scammers who posed as celebrities to steal people's cryptocurrencies.\n\nTesla billionaire Elon Musk revealed he was a victim of such an impersonation and reported it to Twitter co-founder Jack Dorsey. (See more: Elon Musk Reveals How Much Bitcoin He Owns.)\n\n ![image](https://img.esteem.ws/tgh8hagikb.jpg)\n\nObservers say the ban by Google, Facebook, and potentially by Twitter could have a chilling effect on the market. \"Much of crypto demand is retail, so this may negatively impact demand,\" Joe DiPasquale, CEO of BitBull Capital, told CNBC. \n\n\nDiPasquale added that the high cost of bitcoin mining has also put pressure on its price. It now costs about $8,000 to mine one BTC token, which is roughly equivalent to its market price, so miners are basically breaking even. (See more: Bitcoin Miners No Longer Turning a Profit.)\n\n\"There's less incentive for miners to continue to keep machines on unless they are in a lower-cost energy area or have a way of producing at less than cost,\" DiPasquale said.\n\n**Twitter Billionaire Jack Dorsey Backs Blockchain**\nBut not all is doom and gloom, since billionaire Jack Dorsey is apparently bullish on bitcoin, as evidenced by his financial support of blockchain startup Lightning Labs.\n\n ![image](https://img.esteem.ws/iw4a5kzc1y.jpg)\n\nThe Silicon Valley-based Lightning Labs, which aims to speed up bitcoin transaction times, has received $2.5 million in seed funding from tech luminaries, including:\n\n* Litecoin creator Charlie Lee \n* Square Inc. and Twitter co-founder Jack Dorsey\n* Former PayPal COO David Sacks\n* BitGo CTO Ben Davenport\n* Eventbrite co-founder Kevin Hartz\n* Venture capital firm Digital Currency Group\n* Robinhood co-founder Vlad Tenev.\n\nGranted, $2.5 million is not a lot of money for a group with such deep pockets, but it's still a vote of confidence by some of the smartest people in fintech that they believe in bitcoin and blockchain, the technology that undergirds crypto. (See more: Billionaire Jack Dorsey Bets on Blockchain Startup.)\n\n\n*Investing in cryptocurrencies and Initial Coin Offerings (\"ICOs\") is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or ICOs. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author owns no cryptocurrencies.*",
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      "author": "bright-remain",
      "permlink": "re-carlosavm-2018316t234328301z",
      "title": "",
      "body": "a minute. I'm looking",
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      "parent_permlink": "a-new-york-city-becomes-first-in-the-u-s-to-temporarily-ban-bitcoin-mining-e61c9444971f7",
      "author": "ipostbtcprice",
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      "title": "",
      "body": "For future viewers: price of bitcoin at the moment of posting is 8552.70USD",
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      "body": "You have any source links? Not that I don't believe lol. Just wanna read more depth about it and see what their process is.",
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      "permlink": "a-new-york-city-becomes-first-in-the-u-s-to-temporarily-ban-bitcoin-mining-e61c9444971f7",
      "title": "A New York city becomes first in the U.S. to temporarily ban Bitcoin mining",
      "body": "![image](https://img.esteem.ws/obh4hn6lys.jpg)The Plattsburgh, New York city council voted unanimously to introduce an 18-month ban on commercial Bitcoin mining operations within the city. The move comes after city residents complained of wildly inflated electricity bills caused by commercial Bitcoin mining operations taking advantage of the city’s low-cost power.\n\n\nAs Motherboard reports, the moratorium is aimed at new commercial Bitcoin-mining operations, so businesses already operating cryptocurrency mines in Plattsburgh will be able to continue doing business. It’s a stopgap designed to keep power bills for ordinary residents from continuing to grow.\n\n“I’ve been hearing a lot of complaints that electric bills have gone up by $100 or $200,” Plattsburgh mayor Colin Read told Motherboard.\n\nThe moratorium is only for 18 months and it remains to be seen what will happen once it expires, but local Bitcoin-mining operations are watching these developments carefully. Some even agree that commercial operations should be charged more for using up the city’s cheap, plentiful hydroelectric power.\n\n\n“I think it’s better to charge the miners more so that people in the city aren’t negatively impacted, than an outright ban. But still reasonably so, or companies won’t want to set up shop here,” said Dan Bowman, a bitcoin entrepreneur, told Motherboard. “I think middle ground should be sought so peoples electric rates don’t go up.”\n\nThe main thing that has drawn so many Bitcoin-mining operations to Plattsburgh has been the city’s proximity to a hydroelectric power plant. It’s the reason the city has some of the lowest power costs in the U.S. But those low prices only go so far. The city has an allotment of 104 megawatt-hours of electricity per month, and if it consumes more than that, the city has to buy power on the open market, at much higher rates. That is why notoriously power-hungry Bitcoin operations have inadvertently caused ordinary citizens’ power bills to skyrocket.\n\nThe largest mining operation in the city, Coinmint, reportedly used nearly 10 percent of the city’s power budget in January and February. To compensate without scaring off Bitcoin operations, Read suggested a number of potential solutions, including charging local commercial Bitcoin operations for any overages the cause the city to incur. Regardless of how the city ends up deciding to handle the problem of commercial Bitcoin operations sucking up power, looks like it has 18 months to do it.",
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      "permlink": "bitcoin-has-dipped-below-usd8-000-here-s-what-s-pushing-it-down-195e6e55e3de3",
      "title": "Bitcoin has dipped below $8,000 — here’s what’s pushing it down",
      "body": "![image](https://img.esteem.ws/hq21spc5n1.jpg)The price of bitcoin — the original and largest cryptocurrency — has slipped below $8,000 for the first time since early February as fears over increased regulation from governments and tech companies weigh on investors.\n\nBitcoin has lost about 40% of its value in 2018 after rocketing more than 1,300% last year.\n\nYesterday South Korea’s regulator took control of three ‎cryptocurrency ‎exchanges in the country — it was reported by local outlet Yonhap — while there were reports that Japan is planning to use a G20 meeting next week to call for combined regulatory efforts to combat the use of cryptocurrencies in money laundering.\n\nBoth Japan and South Korea are big markets for cryptocurrencies, with huge trade volumes emerging in recent months.\n\nJapan was the first country to adopt a national system to oversee cryptocurrency trading, although it carried out checks on several exchanges this year after the theft of $530 million from one exchange, Coincheck.\n\nSouth Korea has ‎been examining its ‎digital currencies exchanges, which were recently hit with massive ‎tax ‎demands as part of ongoing efforts to control potential ‎systemic risks.\n\nFrance and Germany have meanwhile said they will make joint proposals to regulate the bitcoin cryptocurrency market.\n\n ![image](https://img.esteem.ws/egew9k7154.jpg)\nSource: Coindesk.com\n\nIncreased government intervention in the cryptocurrency market comes alongside tech company crack downs on advertisements on their platforms.\n\nGoogle has joined Facebook in banning advertisements for bitcoin, cryptocurrencies and so-call initial coin offerings (ICOs).\n\nThe search giant said the ban will extend to all unregulated or speculative financial products, including binary options and financial spread betting. ICOs are a way to crowdfund using cryptocurrencies.\n\nIn a blog post Google said those offering these kinds of financial products “will be required to be certified by Google before they can advertise through AdWords”.\n\nFacebook took a similar step in January.",
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 8969.320$ | _-2.65%_ | _-15.8%_\n**ETH** | Ethereum | 676.087$ | _-3.43%_ | _-14.67%_\n**LTC** | Litecoin | 169.481$ | _-3.97%_ | _-12.23%_\n**XRP** | Ripple | 0.775$ | _-2.03%_ | _-15.04%_",
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      "body": "No! 9000↘️now",
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      "author": "bright-remain",
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      "body": "Thank you 👍",
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      "body": "Followed and Upvoted, Keep up the good work and looking forward to more from you.",
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      "body": "For future viewers: price of bitcoin at the moment of posting is 9100.10USD",
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      "body": "![image](https://img.esteem.ws/og2oji8pbo.jpg)Bitcoin continued to slide on Wednesday, as Google is reportedly cracking down on cryptocurrency-related advertising.\n\nBitcoin was trading at $9,114.9 by 12:15am ET on the Bitfinex exchange, down 2.43% over the previous 24 hours.\n\nEthereum, the world’s second largest cryptocurrency by market cap, was down 2.15% at $691.99 on the Bitfinex exchange.\n\nRipple’s XRP token, was up 1.25% to $0.78061 on the Poloniex exchange.\n\nMeanwhile, Litecoin slipped 0.80% to $174.59.\n\nIn a company post, Google (NASDAQ:GOOGL) said it updated its financial service-related ad policies recently and would no longer allow any crypto-related content to appear across any of its ad platforms.The news came after a similar ban by Facebook earlier this year.\n\n\"We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution,\" said Scott Spencer, Google’s director of sustainable ads.\n\nThis update would become effective in June.\n\nElsewhere, comments by a Japanese government official gathered some attention as he said he would request a debate about global crypto regulation during the upcoming G20 meeting, which is scheduled to take place next month in Agentina.\n\nThe official added that given the explosive growth of the digital currencies since last year, it is normal to have a discussion on the speculative risks of them and their impact on the global financial system.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.cnbc.com/2018/02/16/financial-planner-tom-corley-how-to-get-rich-and-stay-rich.html",
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      "title": "How to get rich and then stay rich",
      "body": "![image](https://img.esteem.ws/s25wqx3enh.jpg)Being rich, or becoming financially independent, boils down to a two-step process:\n\n**Getting Rich**\nGetting rich requires that you focus on:\n\n**Daily growth.** You must make a daily habit of acquiring knowledge. You must also, on a daily basis, hone your skills, perfecting them until you become an expert.\n\n**Rich relationships.** Forging relationships with other success-minded people is critical to success. These people open closed doors.\n\n**Dream-setting.** Building goals around each one of your dreams makes it possible for you to realize each dream. You climb the ladder of success one rung at a time. Every dream realized is a rung on the ladder. Of the self-made millionaires in my study, 80 percent pursued some dream or vision.\n\n**Persistence.** The rich know that the persistent eventually get lucky.\n\n\n**Developing a niche.** Those in my study who had a unique expertise in a particular area were paid the most by their company or were able to charge more to customers or clients than their competition. You can develop your niche on the side, in the mornings, at night or over the weekend through self-study or by taking classes.\n\n**Creating multiple streams of income.** About 65 percent of the millionaires in my study had at least three streams of income. This creates a hedge against failure and poverty. When one stream suffers, the others come to the rescue.\n\n**Being patient.** An overwhelming majority, 80 percent, of the rich in my study did not become rich until age 50. It takes a long time to create wealth. You have to learn to be patient.\n\n**Taking calculated risks.** Success requires calculated risk, which require you do your homework in order to gain working knowledge in some area and then take action on that knowledge. It might be real estate, investing in some private business, starting your own business, etc. Roughly half, 51 percent, of the self-made millionaires in my study invested their savings in a start-up or private businesses or they made investments in specific areas such as real estate.\n\n**Being optimistic and enthusiastic.** Almost three-quarters, or 71 percent, of the self-made millionaires in my study were positive about life. They believed in themselves. Their optimism affected those around them and they became magnets for other success-minded people. This helped them in creating teams that would eventually help lead them to success.\n\n\n**Controlling your thoughts, emotions and words.** Over three-quarters, or 81 percent, of the rich made a habit of controlling their thoughts, emotions and the words they used.\n\n**Community.** No one succeeds on their own. The rich build teams. They find apostles for their cause – individuals devoted to them and who share their vision and purpose.\n\n**Staying open-minded.** You can't learn anything if you are closed-off to the world. Being open to new ideas, new ways of doing things and the opinions of others is critical to learning and growth.\n\n**Giving first and getting later.** In order to get, you must first give. You must give value to others to help build your brand.\n\n**Finishing what you start.** The rich don't quit. They stick to something until they succeed, go bankrupt or die. About 80 percent were focused on achieving some goal and 55 percent spent one year or more on one singular goal. They do not leave projects uncompleted before starting other projects.\n\n**Staying healthy.** \"You can't make money from a hospital bed,\" is how one millionaire put it to me during my research. The rich exercise every day and they moderate their consumption of junk food and alcohol. A whopping 82 percent of the rich in my study said they had no health issues.\n\n**Taking responsibility.** The rich believe they are the architects of their lives. They don't make excuses, they don't rationalize failures and they don't blame anyone but themselves for their circumstances in life. But accumulating wealth is only one part of the equation. In my book \"Rich Habits Poor Habits,\" I share another equally important part of being rich: holding on to the wealth you've accumulated.\n\n**Staying Rich**\nKeeping your wealth requires that you do certain things:\n\n**Put your wealth to work.** Putting your wealth to work means investing it wisely in stocks, bonds, real estate and other business opportunities. This helps multiply your wealth.\n\n**Watch what you spend.** Do you know where your money goes? You should. Tracking what you spend opens your eyes so you know exactly where your money goes and allows you to make key adjustments. If you don't track your spending, it can get out of control. Lifestyle creep can cause your wealth to disappear over time.\n\n**Avoid spontaneous or emotional purchases.** Never buy anything on impulse. It is almost always the wrong thing to do. That spontaneous or emotional purchase will lose its luster after only a few weeks, and then you're stuck with something you don't need and that does not generate any income.\n\n**Live below your means.** Living below your means keeps you from falling into the trap of lifestyle creep. No matter what good fortune visits you in life, do not change your standard of living. Don't supersize your life by buying things you only want in the moment and you'll find you'll be able to afford everything you need.",
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