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Monthly Archives: June 2017
Apple co-founder Wozniak bought bitcoin at $700 for fun: ‘Now I’m way up’ – CNBC
Posted: June 12, 2017 at 7:48 pm
Apple co-founder Steve Wozniak revealed he bought bitcoin when it was at at $700 during an interview with CNBC at eMerge Miami on Monday.
Wozniak didn't disclose how much he acquired, but the cryptocurrency surged above $3,000 over the weekend, meaning he gained $2,300 even if he just bought a single bitcoin.
"I remember getting interested in bitcoin some time ago," Wozniak said. "It was $70 for a bitcoin, man and I went online and you had to have a special bank account at a special bank and I couldn't buy any bitcoin so I gave up. Eventually I got some of them at the $700 stage and it went down to $350. I didn't invest, I did it so I could play with bitcoin."
Wozniak said he wanted to see what it was like to try to shop with bitcoin, at places like restaurants and hotels. "It's not that easy to do yet, but it's getting there. I was just playing around trying out how to buy and sell stuff and I didn't care I lost a ton of money, but now I'm way up," Wozniak added
Woz also touched on blockchain technology and why he thinks it's important. "I like the blockchain technology," he said. "Every single transaction is noted and saved, and that probably has a lot of good security and traceability and looking-back aspects to it ... That's probably why a lot of banks are interested in it."
Bitcoin was priced at about $700 in June of last year before losing value, and again in late October and early November before it began skyrocketing in value this year.
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Raoul Pal: Bitcoin Is Mania And Not A Store of Value… I Sold-Out … – Forbes
Posted: at 7:48 pm
Forbes | Raoul Pal: Bitcoin Is Mania And Not A Store of Value... I Sold-Out ... Forbes The price of Bitcoin has risen by 210% since March to over $2900 and one of the world's most successful investment strategists is warning investors to stay ... |
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Hedge Funds Trail S&P Unless They Have Bitcoin (AAPL) – Investopedia
Posted: at 7:48 pm
Fortunes are not picking up for hedge funds, or at least not for most of them. According to data compiled by Hedge Fund Research and reported by CNBC, the average hedge fund has brought in returns of only 3.5% from the beginning of the year through the end of May. That constitutes less than half of the gains that the S&P 500 has made. Nonetheless, some hedge fund have been able to stand apart from the rest of the field. Those funds focusing on technology and currencies tended to do better than the average fund. Key to the success of currency-focused firms, it appears, is an investment in Bitcoin. While most hedge funds have shied away from the digital currency, perhaps this will convince the industry that a bet on Bitcoin may be a good move.
According to the Hedge Fund Research report, "macro was led by the HFRI Macro: Currency Index, which vaulted +3.5 percent, the strongest month return since inception, bringing YTD performance to +8.2 percent." What was behind this outsized performance? "Contributions from Euro, Swiss Franc, New Zealand Dollar and Korean Won," but also, and perhaps more importantly, there were "strong contributions from exposure to digital currencies."
Given Bitcoin's performance in recent weeks, it's easy to see why those few hedge funds who hold the cryptocurrency would be outperforming others. In the past several weeks, the leading digital currency has posted a number of fresh all-time high records. Since the beginning of 2017, Bitcoin has almost tripled in value, thanks in large part to significant demand from Asia and growing expectations that it will lead a revolution in the way that banking and lending will be handled around the world.
The other category of fund that has seen success outside of the average gains reported by HFR are those focused on technology names. Tech funds have been centered around so-called "FANG" stocks as well as Apple (AAPL), bringing in average gains of 2.7% in May and YTD returns of 9.1%.
Other types of hedge funds may have the chance to make big gains if volatility spikes in the remainder of 2017. Kenneth J. Heinz, the president of Hedge Fund Research, indicated in the report that "the thematic drivers of performance for 2H17 have shifted to include not only the Trump and Yellen trades, but also the volatility reversal trade and the increased risk associated with terrorism and cybersecurity. Managers positioned tactically long and short which are able to navigate both rising and falling volatility market cycles are likely to lead industry performance in 2H17."
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Bitcoin Breaks $3K – PYMNTS.com
Posted: at 7:48 pm
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Bitcoins big surge continued on Sunday when the price per unit of the digital currency briefly broke the $3K mark.
That figure comes care of CoinDesks Bitcoin Price Index rival currency indexCoinMarketCap calculated the peak exchange rate at just a few cents short of $3,000. Because prices for bitcoin tend to vary across exchanges, there are slightly different ways to calculate the exchange rates hence the variation.
Whether it hit, or almost hit, $3K, however it is undeniable that bitcoin has been on a epic run for about the last six weeks or so. Bitcoins price hit $1,400 in early May and has been on a steady upward climb ever since, despite the now-frequent protests that this latest spike in the price of bitcoin is a bubble.
Billionaire Mark Cuban managed to briefly throw some cold water on the price surge by noting his concerns about a bubble. And those fears are not just for crypto-currency naysayers central figures in the bitcoin community were warning of a bubble from the stage atthe Consensus blockchain conference in May.
The enthusiasm is driven by the idea that bitcoin and its enabling technology, the blockchain, can bring data security innovation to a wide variety of fields fromhealth care record management tosupply chain tracking. Hence, bitcoin is not the only digital currency seeing a spike the tide is also lifting rival blockchain-based currencies like Ethereum, Dash, and Litecoin, which are mostly rising in tandem with bitcoin.
But a speculation-driven market is also an emotionally fragile market, and as bitcoin has shown in the past, rapidly cooling sentiment in bitcoin land can cool the price of coins as quickly as increased passion can raise them.
So whats next? With bitcoin, its always hard to say. This time next month we could be writing about how the bubble burst and bitcoin is back to $200 or we could be writing that bitcoin has broken $4K.
Well keep you posted either way.
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Space station pictured crossing sun from Guernsey – BBC News – BBC News
Posted: at 7:48 pm
BBC News | Space station pictured crossing sun from Guernsey - BBC News BBC News David Le Conte took five photos in 1.3 seconds as the International Space Station crossed the sun. Incredible image shows International Space Station passing in front ... |
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LOOK UP! The International Space Station flies over Asheville Monday night – WLOS
Posted: at 7:48 pm
At 9:43 p.m. on Monday, June 12, 2017 the ISS will fly over Asheville, and if you know where to look, you can see it fly by. It will look like a bright, fast-moving star. (Image credit: MGN)
At 9:43 p.m. on Monday, June 12, 2017 the ISS will fly over Asheville, and if you know where to look, you can see it fly by.
It will look like a bright, fast-moving star.
If skies are clear in your area, look northwest at 9:43 and wait for the ISS to clear the horizon. This pass will move out of sight into the southeast, and the ISS will be visible for about three minutes.
The ISS travels at about 17,150 mph as it flies by, and you can view how many people are aboard it right here.
You can track where the ISS is here. There's even a livecam on the ISS, and you can see what the international astronauts are seeing here.
(If you're seeing this story ahead of the flyover, a good way to remember to watch the ISS is to set an alarm on your cell phone.)
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Space station flyover visible from Greenville, Asheville tonight – WYFF Greenville
Posted: at 7:48 pm
GREENVILLE, S.C.
If you look up at the right time tonight, youll be able to see the International Space Station fly over.
The space station will be visible starting at 9:43 p.m. in Greenville and Asheville and the surrounding areas. Weather permitting, it will be visible in the northwest sky for about three minutes.
It will move across the sky and pass out of sight at 9:47 p.m.
The space station will look like a small, bright star moving across the sky. It is traveling at more than 17,000 mph as it passes by. It only takes 90 minutes for the laboratory to make a complete circuit of Earth. Astronauts working and living on the station experience 16 sunrises and sunsets each day.
The Expedition 52 crew of two NASA astronauts and one cosmonaut from Russia's space corporation, Roscosmos, is in its second week aboard the International Space Station.
To track the International Space Station, click here.
The tracker, developed by the European Space Agency, shows where the space station is right now and its path 90 minutes ago and 90 minutes ahead. Because of the Earth's rotation the space station appears to travel from west to east.
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Space station flyover visible from Greenville, Asheville tonight - WYFF Greenville
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Next Wallops mission to International Space Station set for September – Delmarva Daily Times
Posted: at 7:48 pm
Carol Vaughn, cvaughn@delmarvanow.com Published 5:56 p.m. ET June 12, 2017 | Updated 2 hours ago
Wallops executives give an update concerning Antares and Cygnus missions. Produced by Ralph Musthaler
Dan Givens, Anteres Field Site Manager, speaks to the media during a press event at the Horizontal Integration Facility on Wallops Island on Monday, June 12, 2017. (Photo: Staff photo by Ralph Musthaler)Buy Photo
Orbital ATK's next cargo supply mission to the International Space Station, OA-8, is set to launch from NASA Wallops Flight Facility in Virginia in September, officials said at a briefing thereMonday.
Another mission, OA-9, is slated for later this year, likely in November.
Orbital ATK currently has contracts with NASA for a total of 10 cargo missions, all of which are set to be launched from Wallops.
"Right now, all the missions we have on the schedule are intended to go on the Antares (rocket) and go out of the Wallops Flight Facility," said Frank Culbertson, Orbital ATK Space Systems Group president.
Orbital ATK's most recent cargo supply mission, OA-7, was launched from Florida in April.
The Wallops facility is one of two spaceports in the United States from which the commercial cargo supply missions are launched, along with Cape Canaveral in Florida.
READ MORE: NASA Wallops: Predawn sounding rocket launch a success
The date set for the launch of the OA-8 mission is Sept. 12, but the rocket could be ready for launch earlier than that if NASA needs to bump up the date, said Kurt Eberly, Orbital ATK Antares vice president.
The last mission to the International Space Station launched from Wallops was OA-5 in October 2016.
That mission was the first to the space station launched from Wallops since an Antares rocket exploded shortly after liftoff on Oct. 28, 2014, after amotor malfunction happenedas the spacecraft began to clear the launchpad. After that, Orbital ATK replaced the first-stage engines on the rocket.
Dale Nash, executive director of Virginia Space, speaks to the media in front of a launch pad on Wallops Island on Monday, June 12, 2017.(Photo: Staff photo by Ralph Musthaler)
"Wallops continues to be a neat place where we do a wide variety of things for both commercial and government customers," said Bill Wrobel, NASA Wallops Flight Facility director.
The facility "at any given time (has) about 50 different missions" in the works, ranging from balloon missions to sounding rocket launches, among others.
Wrobel called Orbital ATK "a strong partner with us here for a number of years now," noting the company, in addition to the more widely publicized missions to the International Space Station, also handles the sounding rocket and balloon programs at Wallops.
Wrobel also noted the first small satellite built at Wallops recently was deployed off the International Space Station.
"We look forward to a lot more of these things coming up in the future," Wrobel said of the upcoming cargo mission.
"It is a real pleasure to be back here at Wallops ... It's a great place to be," Culbertson said.
The company is "very much committed to completing our CRS-1 contract," Culbertson said, noting there are four more flights to be completed under that contract.
Additionally, six flights are slated to happen under the CRS-2 contract with the first of those planned for 2019.
A view of the inside of the Horizontal Integration Facility on Wallops Island on Monday, June 12, 2017. (Photo: Staff photo by Ralph Musthaler)
The company in that second phase will be able to carry more cargo on each mission, he said. "That's going to really help ... keep things here at Wallops moving," Culbertson said.
The Horizontal Integration Facility on Wallops Island currently holds two Antares rockets slated for the OA-8 and OA-9 missions.
Orbital's plan is "to build two at a time, basically, and we plan to have them ready in advance of when they are needed," Eberly said.
The rocket for the OA-8 mission is ready for the Cygnus cargo module to be installed, putting it at about the three-week mark from readiness for launch.
"We're at that milestone now, so we'll be ready for September; we'll even be ready a little earlier if they need us in the August time frame," he said.
Data from the last ISS mission launched from Wallops in October the first mission using the Antares' new stage one engines has been analyzed and the verdict is "it was a very clean mission," Eberly said.
The engines have 13 percent higher thrust than the ones formerly used on Antares and they come with 10 seconds of additional specific impulse a measure of how efficiently the propellants are burned.
The improved performance will allow each future mission to carry more cargo the next two missions are each scheduled to carry 3,350 kilograms of cargo and by the OA-11 mission, the goal is to carry 3,500 kilograms.
In addition to the cargo supply missions, the company is hoping Antares will be on track to perform other NASA missions in the future, Eberly said.
Dale Nash, executive director of Virginia Space, said the launch pad for OA-8 should be in launch configuration by the end of July.
"The Mid-Atlantic Regional Spaceport ... is ready to support the upcoming OA-8 mission," said Nash.
READ MORE:1st in flight: Va. governor opens Wallops drone facility
Launch pad O-A, the pad used for the Antares launches, after the last mission in October, "came through that very well," Nash said, adding, "There's always some wear and tear as you come through the mission, but it came through in remarkably good shape."
Among reasons for the good result is that with the new, more powerful engines, the rocket got off the launch pad "very fast the faster it can get off, the less damage you have," Nash said.
Additionally, the spaceport goes through a thorough analysis after each launch, including looking at where the pad was damaged, and "we harden the launch pad."
The spaceport advertises that it can support a 30-day turnaround between launches from both launchpads it operates one for liquid-fueled rockets like Antares and the other for solid-fueled rockets.
"We probably could have done it quicker on the last one," Nash said.
The spaceport is at the point now where it has proven performance under its belt.
Nash mentioned by way of example two successful high-profile missions launched there within days of each other in September 2013.
"We have already proven that we can launch off launchpad A to the International Space Station and then, 12 days later, launch a mission to the moon off launchpad B."
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View the International Space Station during Riverbend – Chattanooga Times Free Press
Posted: at 7:48 pm
Sometimes the stars align just right and for Graham Truelove, a fan of both music and the International Space Station, this week is one of those times.
By happenstance, the ISS will be traveling above Chattanooga every night of Riverbend, meaning fans watching the show can look to the heavens at just the right time to see the ship fly over, weather permitting, of course. It will happentonightat9:42and will be visable for four minutes. There will be another good opportunityon Wednesday.
"We saw iton Fridayduring Boz Scaggs," Truelove said.
"I told everyone around us and they didn't believe me, but they were impressed. People like science I guess."
Tonight, the ISS will come from the north traveling towards the east. Riverbend moves to Martin Luther King Jr. Boulevardtonight, so you will have to turn around to see it. "When the music is on the Coke Stage, you just have to look up," Truelove said.
Normally, the ISS is viewable a couple a nights a month. It's rare to see it this many days in a row, Truelove says.
"It's just an accident of science that it is viewable during the entire Riverbend festival."
He said his family has been following the ISS for 25 years. You can check for information and the station's path atspotthestation.nasa.gov.
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China to open space station to scientists worldwide – Space Daily – Space Daily
Posted: at 7:48 pm
China will open its space station to scientists worldwide after the station is completed around 2022, according to a Chinese space expert.
Wei Chuanfeng, a researcher at the Institute of Manned Space System Engineering under the China Academy of Space Technology, said the China Manned Space Engineering Office has drafted a strategic framework with United Nations Office for Outer Space Affairs to offer opportunities on the application of Chinese space station to members of United Nations.
Wei made the remarks on Thursday at the 2017 Global Space Exploration Conference, which was held in Beijing.
Under the framework, China will open its experimental resources on the Chinese space station to serve payloads from other countries. UN members, especially developing countries, could conduct scientific and technological experiment on Chinese space station, Wei said.
China's first astronaut Yang Liwei, who is also deputy director of China Manned Space Engineering Office, said the nation would launch the first core module of the space station in 2019, followed by two experiment modules. The space station will enable astronauts to stay in space for up to six months.
At the conference, the designers behind the Chinese space station proposed possible technical approaches that could help scientists from other countries utilize and perform experiments on the space station. China will also help astronauts and payloads specialists from developing countries to enter into space, Wei said.
The Chinese space station will be composed of three modules, including a core module and two experiment modules. The space station will have three docking sites, enabling the dock and berth of the "Shenzhou" manned spacecraft, the "Tianzhou" cargo spacecraft and other vehicles, according to Wei.
Source: Xinhua News
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