Bitcoin could rival gold in terms of reliability

Bitcoin could join gold as a reliable, long-term way to store wealth as the cryptocurrency gains users and value, JP Morgan’s analysts believe.

They predicted that the Bitcoin craze could result in something resembling a more traditional asset class as the digital currency hit a price of more than US$11,000. Both Cboe Global Markets and the CME Group plan to start offering Bitcoin futures this month.

The move to join more formal financial markets “has the potential to elevate cryptocurrencies to an emerging asset class,” according to JP Morgan analyst Nikolaos Panigirtzoglou.

The stance is surprising because JP Morgan’s chief executive and chairman Jamie Dimon has long been a critic of Bitcoin. This month the powerful Wall Street boss said he would fire anyone trading Bitcoin, warning that the cryptocurrency “will blow up.” He called it a fraud “worse than tulip bulbs,” a reference to an infamous bubble in the 17th century. He said in 2015 that it would never go mainstream.

But Mr Panigirtzoglou believes the market is changing. “The prospective launch of Bitcoin futures contracts by established exchanges in particular has the potential to add legitimacy and thus increase the appeal of the cryptocurrency market to both retail and institutional investors,” he said.

The analyst said this was important because it makes Bitcoin increasingly useful “as a store of wealth and means of payment”, which could drive its value higher. The blockchain technologies which underpin Bitcoin appear to make it particularly secure for transactions and for storing wealth, he said.

“Judging by other stores of wealth such as gold, cryptocurrencies have the potential to grow further from here,” he added. Bitcoin has not overtaken gold in terms of investment levels, value in circulation or transaction volumes. But it has grown rapidly and could make more progress to match or even surpass the use of gold.

The total value of all Bitcoins and other cryptocurrencies is now more than US$300 billion, Mr Panigirtzoglou said, compared with US$1.5 trillion for all of the gold outside central banks’ vaults.

However, the cryptocurrencies are more valuable than the US$90 billion of gold held via exchange traded funds (ETFs), which indicates the scale of growth of Bitcoin and Ethereum, the second-largest such cryptocurrency. Last month Bitcoin trading volumes hit US$140 billion and Ethereum rose to US$30 billion, compared with an average of almost US$900 billion per month in gold trading.

Mr Panigirtzoglou estimates that a net US$6 billion has been invested in cryptocurrencies since 2009, indicating that the US$300 billion total market capitalization is based on a relatively illiquid market. However, he did warn that Bitcoin’s rise was by no means certain. “Any given cryptocurrency does face competition from other cryptocurrencies,” he said.

Source: http://business.financialpost.com/investing/bitcoin-could-rival-gold-in-terms-of-reliability-long-term-wealth-jp-morgan

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Earth-like conditions discovered (K2-18b) which is 111 light years away.

An insurmountable amount of resources have been dedicated by all of our Earth’s space agencies to locate extra-terrestrial life. The belief that our tiny speck of a planet located in the vast cosmos is not the only source of biological life in the universe has spurred many interplanetary missions to distant planets such as Saturn, Venus, etc.

However, according to a recent study, a little-known planet approximately 111 light-years away could perhaps be the first real testament to intelligent life beyond our tiny ball of blue and green.

The planet known as K2-18b, being described as a ‘super-Earth’, orbits within the Goldilocks zone or habitable zone of a red-dwarf star in the Leo constellation. The study conducted by the University of Toronto and the University of Montreal, Canada was in collaboration with a dataset coming from the High Accuracy Radial Velocity Planet Searcher (HARPS)  which used the European Southern Observatory’s 3.6-metre telescope at La Silla Observatory in Chile.

“Being able to measure the mass and density of K2-18b was tremendous, but to discover a new exoplanet was lucky and equally exciting,” said Ryan Cloutier, a PhD student in University of Toronto Scarborough’s Centre for Planetary Science.

Using a machine-learning approach the researchers were able to determine that K2-18b was either a rocky planet with a bigger gaseous atmosphere than Earth or a water planet with a thick layer of ice on top of it.

“With the current data, we can’t distinguish between those two possibilities,” said Ryan Cloutier. “But with the James Webb Space Telescope (JWST), we can probe the atmosphere and see whether it has an extensive atmosphere or it’s a planet covered in water.”

While studying K2-18b the researchers also located another planet, which was in the same solar system, called as K2-18c. Researchers claimed that the newly discovered planet K2-18c, is quite close to the sun and is therefore uninhabitable due to the high temperatures, but like the K2-18b it is also a super-Earth.

Source: http://www.firstpost.com/tech/news-analysis/earth-like-conditions-discovered-by-researchers-on-planet-k2-18b-which-is-111-light-years-away-4244525.html

Download Torrent Files Through SEEDR.CC

I wondered many times for downloading torrent files without using torrent clients. Visited many sites and didnt found good sites to cache a torrent file, but lately i have found a great website named ‘seedr.cc’ which provides both reliable connection and storage capacity. I feel very much great using this site fore caching the torrent files.

Many caching sites provide torrenting facilities but storage wise seedr.cc is the most splendid site i have ever used. It provides 2.5 GB of storage while we first use, after that it goes on increasing when we refer a friend. Also we can increase storage by posting it on twitter,blogs and youtube.

Here’s little steps which will help you to download torrent files through Download Manager. I have taken an example of from downloading torrent from a torrent website http://www.extratorrent.com

Only the torrents with more seeds/peers can be downloaded easily…

Open any torrent site
Search the torrent which you want to download (eg. I have searched a movie named Escapee)
Select the torrent and copy the download link

Now open a next tab and go to website: https://www.seedr.cc
Paste the download link in the textbox before ‘+’ sign
Click on ‘+’
If it asks to log in before download, then use your any email id to sign up
Now wait for 60+ seconds until the link appears.
After 60 seconds, you will get the download link.. just copy it and paste it in our favorite Download Manager finally you are done.

Interesting Facts about Human Body

1.) Eyes: You Blink about 20000 times a day.

2.) Hair: Hair grows about .5 mm (.02 in) a day.

3.) Mouth: You will produce 37,800 l of saliva in your life.

4.) Cells: There are 50 trillion cells in your body and 3 billion of themdie every minute.

5.) Nerves: Your body has about 13000000000000 nerve calls, transmitting message at speed of 290 km/hr.

6.) Brain power: You lose 100000 brain cells every day! The main thing is that you have 100 billion altogether. If surface area of your brain could be ironed out it wouldmeasure 2090 sq.cm.

7.) Heartbeats: Your heart pumps 13640 L of blood around your body in a day. An average heartbeat rate per minutes of our body is 70 beats and this will adds more than 100000 beats a day.

8.) Urine : You will pass 400 to 2000 ml of urine every day, depending on your age, your size and outside conditions, especially temperature.

9.) Chemicals: There is enough carbon in your body to fill 900 pencils, enough Fat to make 75 candles, enough phosphorous to make 220 match heads and enough iron to make a 7.5 cm nail.

10.) Can you overdose on vitamins? Overdosing on some vitamins can have serious side effects. Vitamin A: Doses of more than 3752 mg can lead to liver damage,hair losses and headaches. Vitamin B6: Doses of more than 400mg can cause numbness in the mouth. Vitamin C: Stomach ache can be caused due to high doses of Vitamin C. Vitamin D: Daily doses of 600 mg can interfere with the functioningof muscles. Niacin: Doses of upto 2000 mg are prescribe to help lower cholesterol but this could cause jaundice and liver damage.

11.) Tea Or Coffee? The two main constituents of tea are“caffeine and tannin”. A tea bag contains about 40 mg of caffeine and brewed tea about 30mg. Tea also contains useful fluorides, volatile oils and Vitamin B. “Caffeine” is the main constituent of coffee. A cup of brewed coffee contains about 80 mg of caffeine and instant coffee about 60 mg. Medical studies show that heavy caffeine use (more than 500 mg/day) may cause harmful physiological effects. A cup of tea or coffee (without sugar and milk)contains about 16KJ of energy.

12.) Fingers: Our fingers are so sensitive that they can detect a vibration with a movement of 0.02 cm. Our “finger nails” grow at the rate of about 0.05 mm in a week and hair about 3 mm in a week.

Mouches Volantes, Eye Floaters

In ophthalmology, mouches volantes are free-floating particles in the eye´s vitreous which impair the eyesight of the person affected. The common English term for these is »eye floaters«.

Such opacities of the vitreous can have different causes; in most cases they are age-related rather than pathological. In bright light conditions, the shadows of these particles are projected onto the light-sensitive retina and thus become visible to the viewer as small rings, dots and strands which appear to »fly« through the visual field, following the eyes´ motions. Eye floaters are widely spread, in itself harmless and not effectively treatable with our current medical means.

This explanation of mouches volantes makes sense to us, even if we are not ophthalmologists, because it refers to our everyday realm of experience accessible with our intellectual mind.

this happens when we stare at a single point
this happens when we stare at a single point

Malicious Software Poses as Video from a Facebook Friend

A piece of malicious software masquerading as a Facebook video is hijacking users’ Facebook accounts and Web browsers, according to independent Italian security researchers who have been investigating the situation.

The malware appears as a link in an e-mail or Facebook message telling people that they have been tagged in a Facebook post. When users go to Facebook and click the link, they are sent to a separate Web site and prompted to download a browser extension or plug-in to watch a video, said one of the researchers, Carlo De Micheli, in a telephone interview on Monday.

Once that plug-in is downloaded, the attackers can access everything stored in the browser, including accounts with saved passwords. Many people commonly save e-mail, Facebook and Twitter login data in their browsers, so the attackers can masquerade as the victim and tap those accounts.

Mr. De Micheli said the malicious software has been spreading at a rate of about 40,000 attacks an hour and has so far affected more than 800,000 people using Google’s popular Chrome browser. It is replicating itself primarily by hijacking victims’ Facebook accounts and reaching out to their friends on the social network. A user hit by the malicious software cannot easily remove it, since it blocks access to the browser settings that allow it to be removed and also blocks access to many sites that offer virus removal software.

A spokeswoman for Google, which makes the Chrome browser, said the company was aware of the attack and has already disabled the browser extensions that allowed it.

“When we detect items containing malware or learn of them through reports, we remove them from the Chrome Web Store and from active Chrome instances,” said the spokeswoman, Veronica Navarrete, in a statement. “We’ve already removed several of these extensions, and are continuing to improve our automated systems to help detect them even faster.”

Facebook said that its security systems had also detected the attack and it was working to clear the malicious links.

“In the meantime, we have been blocking people from clicking through the links and have reported the bad browser extensions to the appropriate parties,”  Michael Kirkland, a Facebook spokesman, said in a statement. “We believe only a small percentage of our users were affected by this issue, and we are currently working with them to ensure that they’ve removed the bad browser extension.”

However, Mr. De Micheli said the attackers, who appear to be of Turkish origin based on comments embedded in the software, were adapting the malicious code and had already found a way to target users of Firefox, another popular browser.

This is not the first instance of an attack through a browser extension, which is a bit of software that allows a Web browser to perform specific functions, much like an app does for a smartphone. But this attack appears to be one of the most extensive to use the technology.

“A few years ago, you’d tell your friends, don’t click on attachments,” Mr. De Micheli said. Now, the same advice applies to browser add-ons, he said.

Mr. De Micheli said that browser makers should do a better job of warning users that installing a plug-in, like installing a smartphone app, can give the software access to a wide variety of personal information. “People are used to clicking ‘accept,’” he said.

Mr. De Micheli is an independent security researcher who, along with several other Italian colleagues, has done extensive work tracking unseemly activity on social networks, including the underground market in fake Twitter followers. In the case of the malicious browser extensions, he is working with Andrea Stroppa, Danny di Stefano and Matt Hofman.

Justin O’Kelly, a spokesman for Mozilla, said that users should make sure that they are only installing legitimate software from well-known Web sites that they trust. “Users should be wary of scams or suspicious messages asking them to install software from an unknown site,” he said in a statement.

 

source: http://bits.blogs.nytimes.com/2013/08/26/malicious-software-poses-as-video-from-a-facebook-friend/?ref=technology&_r=0

Drinking Water in Empty Stomach is Healthy


It is popular in Japan today to drink water immediately after waking up every morning. Furthermore, scientific tests have proven its value. We publish below a description of use of water for our readers. For old and serious diseases as well as modern illnesses the water treatment had been found successful by a Japanese medical society as a 100% cure for the following diseases:

Headache, body ache, heart system, arthritis, fast heart beat, epilepsy, excess fatness, bronchitis asthma, TB, meningitis, kidney and urine diseases, vomiting, gastritis, diarrhea, piles, diabetes, constipation, all eye diseases, womb, cancer and menstrual disorders, ear nose and throat diseases.

METHOD OF TREATMENT
1. As you wake up in the morning before brushing teeth, drink 4 x 160ml glasses of water

2. Brush and clean the mouth but do not eat or drink anything for 45 minute

3.. After 45 minutes you may eat and drink as normal.

4. After 15 minutes of breakfast, lunch and dinner do not eat or drink anything for 2 hours

5. Those who are old or sick and are unable to drink 4 glasses of water at the beginning may commence by taking little water and gradually increase it to 4 glasses per day.

6. The above method of treatment will cure diseases of the sick and others can enjoy a healthy life.

The following list gives the number of days of treatment required to cure/control/reduce main diseases:
1. High Blood Pressure (30 days)
2. Gastric (10 days)
3. Diabetes (30 days)
4. Constipation (10 days)
5. Cancer (180 days)
6. TB (90 days)
7. Arthritis patients should follow the above treatment only for 3 days in the 1st week, and from 2nd week onwards – daily..

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Drinking water is good for health

This treatment method has no side effects, however at the commencement of treatment you may have to urinate a few times.
It is better if we continue this and make this procedure as a routine work in our life. Drink Water and Stay healthy and Active.

This makes sense .. The Chinese and Japanese drink hot tea with their meals not cold water. Maybe it is time we adopt their drinking habit while eating!!! Nothing to lose, everything to gain…

For those who like to drink cold water, this article is applicable to you.
It is nice to have a cup of cold drink after a meal. However, the cold water will solidify the oily stuff that you have just consumed. It will slow down the digestion.

Once this ‘sludge’ reacts with the acid, it will break down and be absorbed by the intestine faster than the solid food. It will line the intestine.
Very soon, this will turn into fats and lead to cancer. It is best to drink hot soup or warm water after a meal.

A serious note about heart attacks:

· Women should know that not every heart attack symptom is going to be the left arm hurting,
· Be aware of intense pain in the jaw line.
· You may never have the first chest pain during the course of a heart attack.
· Nausea and intense sweating are also common symptoms.
· 60% of people who have a heart attack while they are asleep do not wake up.
· Pain in the jaw can wake you from a sound sleep. Let’s be careful and be aware. The more we know, the better chance we could survive…

Please be a true friend and send this article to all your friends you care about.

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