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The Cryptum ICO is Now Open Funding the First Crypto Mining Board Game

Last month we have shared some information about an interesting new crypto crowdfunding campaign coming soon with the ultimate goal to fund the The First Crypto Mining Board Game. Today the Cryptum ICO has officially started and will take place in the next 30 days (Stage 1) distributing up to 1 Million CRTM tokens to […]

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Networks are the new corporations

New: Ledgermark Ltd is launching Meridian – digital collateral that can be used to secure Bitcoin loans of higher value. September 16, 2017 London, United Kingdom – There are a lot more people in the world that can collectively lend micro loans on a regular basis than there are corporations that can regularly distribute loans… View Article

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“Unprecedented Thefts” Force Baltimore Bike-Sharing Program To Suspend Operations

In 2016, the city of Baltimore partnered with Bewegen Technologies to launch North America’s largest electrical-assisted cycling (or pedelec) bike sharing program. The system is located in Baltimore’s metropolitan area with over 25 stations available. Fast forward one-year later, this grand “sharing economy” experiment in America’s most dangerous city has imploded due to what the company’s CEO says is a level of theft he has never experienced before.

As of today, Baltimore officials have suspended all operations of the bike fleet until October 15, 2017. According to the Baltimore Sun, the temporary shutdown is due to “thieves ripping the bicycles out at an unprecedented pace”, said Alain Ayotte, CEO of Bewegen Technologies, the Canadian manufacturer. The manufacturer of the $2.36 million Baltimore Bike Share system said his company has “never experienced the level of theft” that caused officials to announce a temporary shutdown of the program to allow additional locking devices to be installed to the bike docks.

Per Baltimore Sun,

We don’t have this issue anywhere else, not at this level,” Ayotte said Wednesday. “Our locking system is recognized [as] very, very up to industry standard, but due to the issues that occurred in Baltimore this summer, we did add additional security.”

 

The bike-share program launched last fall with 200 bicycles at 20 stations and was supposed to grow to 500 bicycles at 50 stations in the spring. Instead, it has suffered so many thefts and maintenance backups that most of the bicycles are out of service. The program will close Sunday and reopen Oct. 15.

Unwittingly, some bicycle stations were placed in areas of extreme wealth inequality and high violent crime. Even though, each bicycle is outfitted with GPS, it did not deter thieves. Baltimore is suffering from a racial wealth divide according to JPM. The report highlights African Americans are 63% of the total 620k population with nearly 1/3 having a net worth of zero.

At one point, the thefts became so rampant, maintenance employees spent a majority of time searching for stolen bikes. The Department of Transportation had to apologized for misleading millennials about the true nature of the bicycle problem calling it a ‘rebalancing issue’.

In particular, a citizen named Brian Seel, wrote a Medium piece titled: “Baltimore Bike Share Only Has Four Bikes”. Recently, he rode to all 25 bike sharing docks and only found four working bikes. In the article, he explains how the ‘real problem’ is communication issues with the bike sharing company…

Mr. Steel rode to all 25 stations. In his first finding, he stopped at Baltimore City where there were no bikes, but 5 listed on the APP.

At Baltimore Visitors Center there were no bikes, but 7 listed on the APP.

In Baltimore’s financial district there were no bikes, but 6 listed on the APP.

Baltimore Bike Sharing’s twitter plays it cool….

@BmoreBikeShare any news about what’s happening with the bike share bikes? are they being retrofitted to stop theft, or where are they?

— Yargl Blargl (@evoinvitro) August 31, 2017

It’s a ‘manageable situation’

Know that most city bike share systems shut down for maintanance at least once a year. This is a manageable situation.

— Baltimore Bike Share (@BmoreBikeShare) September 13, 2017

The last one is hilarious: “This is not unusual”…..

Most city bike share systems shut down at least once a year for general maintenance. This is not unusual. We feel ya though.

— Baltimore Bike Share (@BmoreBikeShare) September 13, 2017

Baltimore is a shrinking city with a population at a 100-year low. Officials are unwittingly throwing money at anything, such as a bike-sharing system, to attract millennials. Unfortunately, there is too much overhang in a city where 50-years of democrat-controlled leadership, in-conjunction with decades of deindustrialization. This should be a big clue to millennials that the narrative of city life continues to crack.

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Bitcoin Price Analysis How Rumblings From China Play Into Wyckoff Distributions

Unless youve been in a crypto-free cave for the past week, you might have noticed the crypto-wide market drop.Last week, rumors of Chinas crackdown on BTC to fiat transactions began to spread across the crypto-world. On Monday, mainstream news sourc…

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Bitcoin Price Analysis How Rumblings From China Play Into Wyckoff Distributions

Unless youve been in a crypto-free cave for the past week, you might have noticed the crypto-wide market drop.Last week, rumors of Chinas crackdown on BTC to fiat transactions began to spread across the crypto-world. On Monday, mainstream news sourc…

The post Bitcoin Price Analysis How Rumblings From China Play Into Wyckoff Distributions appeared first on bitcoinmining.shop.

Yunbi Bitcoin Exchange Latest to Close in China Crackdown

China-based cryptocurrency exchange Yunbi has announced the closure of its trading operations in the midst of a wider crackdown within the country. The post Yunbi Bitcoin Exchange Latest to Close in China Crackdown appeared first on bitcoinmining.shop.

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Di-vine intervention

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Meet WEX: Bitcoin Exchange Launches for BTC-e Users with BTC-e Design

A new exchange is courting users of the now-defunct BTC-e exchange, but it bears a striking resemblance to its illicit predecessor. The post Meet WEX: Bitcoin Exchange Launches for BTC-e Users with BTC-e Design appeared first on bitcoinmining.shop.

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Equifax warning: These phone calls and messages are NOT from Equifax, they are scams

After Equifax failed to secure financial and other sensitive information belonging to 143 million U.S. consumers, it’s no surprise that Americans are concerned — very concerned, in fact. And unfortunately, whenever there’s heightened awareness around any big news or event, you can pretty much guarantee that the scammers are hard at work. So in addition […]

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ATLANT Announces Multiple Milestones as ICO Launches

Global Real Estate Platform Has Achieved Several Important Milestones with Respect to New Feature Releases,…<br />The post ATLANT Announces Multiple Milestones as ICO Launches appeared first on Bitcoinist.com. The post ATLANT Announces Multipl…

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