Science Fiction Dictionary
A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

 

Bitcoin Surges Again, To $7,000

The electronic currency Bitcoin has substantially increased in price this year, surging to $7,000.

The bitcoin price, beginning the year at under $4,000, hit $7,049 on the Luxembourg-based Bitstamp exchange earlier this evening. The wider cryptocurrency market followed bitcoin higher, with major digital tokens ethereum, bitcoin cash, litecoin, and EOS all making double-digit gains over the last 24 hours.

Bitcoin exploded into the public consciousness in 2017, with the bitcoin price rising from under $1,000 to almost $20,000 in under 12 months...

analysts from investment bank Canaccord Genuity said they expect bitcoin to rally hard over the next 24 months, potentially returning to its late 2017 highs due to next year's halving event, where the number of bitcoins rewarded to miners will be cut by 50%. "Now four months into 2019, we note for the third time the striking similarity in bitcoin’s price action between 2011-2015 and 2015-2019," Canaccord researchers wrote in a note to clients. "While this simple pattern recognition has little fundamental basis, we note that bitcoin does operate on a four-year cycle of sorts, as the halving of bitcoin’s mining reward occurs approximately every four years.

(Via Forbes)

Science fiction fans following the career of author Bruce Sterling were clued into the idea of electronic cash in his 1994 novel Heavy Weather:

Alex did not find it surprising that people like the Chinese Triads and the Corsican Black Hand were electronically minting their own cash. He simply accepted it: electronic, private cash, unbacked by any government, untraceable, completely anonymous, global in reach, lightninglike in speed, ubiquitous, fungible, and usually highly volatile.
(Read more about electronic cash)

Scroll down for more stories in the same category. (Story submitted 4/25/2019)

Follow this kind of news @Technovelgy.

| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 0 )

Related News Stories - (" Culture ")

Scientifiction, Searchlight of Science
'And science goes on, with scientifiction as its searchlight.'

Betty Crocker, The First Company Avatar
'After six months of surgery and psycho-conditioning, he was identical with the other 496 Mr. Prestos...' - Alfred Bester, 1956.

Motessense - NTT Defines Your Attractive Personality
'...portraiture reproduced through a shigawire projector that is ... said to convey the ego essence.'- Frank Herbert, 1965.

Self-Serve Sarco Suicide Pod
'... the black chip of admission to your own Euthanasia Clinic!' - Jack Williamson, 1939.

 

Google
  Web TechNovelgy.com   

Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.

 

 

 

 

Science Fiction Timeline
1600-1899
1900-1939
1940's   1950's
1960's   1970's
1980's   1990's
2000's   2010's

Current News

Star Trek Voyager Replica Tricorder And Galaxy Quest
'They designed those controls after watching you...take her out!'

Rolls Royce Electric Airplane Breaks Records
'A white electric plane approached at great speed...'

Chang'e-5 Lunar Lander Seeks Water
'... get out the solar power apparatus and send it down to us from the air-lock by the crane.'

I Really Want A Folding Computer
'...A paper thin polycarbon screen unfurled.'

A Kill Switch For Your Car?
'The car faltered as the external command came to brake...'

Scientifiction, Searchlight of Science
'And science goes on, with scientifiction as its searchlight.'

Wearable Biomedical Sensors Printed Directly On Your Skin
'The dragon is a skin computer... People put it on their arms and exchange personal data.'

Artificial, Implantable Kidney Prototype
'George Walt's corporate existence proved the workability of wholly mechanical organs...'

Ultra-short Pulse Laser Kills Bacteria In Vivo
'...coherent beams at precise wave-lengths passing through her flesh to zap foreign molecules within her body.'

Bioprint Prototype Handheld Bioprinter
'He turned the little art-derm nozzle...'

Betty Crocker, The First Company Avatar
'After six months of surgery and psycho-conditioning, he was identical with the other 496 Mr. Prestos...'

Augmented Reality Book Covers Reveal The Inner Book
'The E-paper holograms leaped from lurid covers...'

The First Multi-User Hologram Table?
Let the Wookiee win.

Apollo 8 Astronauts Pass The Equigravisphere
'... divers other objects, firearms and bottles, abandoned to themselves, held themselves up as by enchantment.'

Stellar Pizza Is A Pizza Robot That Comes To You
'No hand touched the food...'

Yamaha MOTOROiD Living Motorcycle Experiment
'He had never ridden any motorized device that lacked onboard steering and balance systems.'

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.