Is Bitcoin a Scam? Heres Why Reddit Certainly Thinks So – newsBTC

At first glance, the social discussion website Reddit appears to have joined the ranks crusade against Bitcoin. If you search the entire site for the word scam, one of the top three results is Bitcoin.

Just whats going on? Has the website turned its back on the crypto asset space, or is there something much more innocent behind the seemingly defamatory search results?

Bitcoin has been previously called many things by those with a vested interest in its demise. Jamie Dimon, the CEO of JP Morgan Chase, famously described it as a fraud just as the last bull run was kicking into overdrive in September 2017. Meanwhile, billionaire investor Warren Buffet got a little more creative with his insults, deeming the cryptocurrency rat poison squared. Its hardly surprising that these clear representatives of the old system would attack Bitcoin. After all, who ever heard of a turkey voting for Christmas before?

However, it appears that a resource without such clear self interest in maintaining the global financial status quo has joined the ranks of the Bitcoin naysayers the social discussion forum, Reddit.Visit Reddits homepage today and do a quick search for the word scam. You will see that the subreddit r/Bitcoin is listed amongst the top three results.

Hitting view more shows that its not just Bitcoin that has apparently evoked the ire of Reddit. The crypto-focused subreddits r/Cryptocurrency, r/BTC, and r/Buttcoin are also listed as top results.

The phenomena was first pointed out by Reddit user u/Crypthomie. However, any suggestion that the website had decided to join Dimon et al. was quickly laid to rest by r/Bitcoin community members.

Rather than the first viable digital asset being labelled a scam by some Reddit overlord, instead the results simply show subreddits in which the word is frequently used. User u/roman-remus explained:

Its because of reddits search algorithm, that word is used a lot in this subreddit so when you search for it youll get results from the subreddits that use it the most.

There is no shortage of clear scams surrounding Bitcoin and other digital assets, and the legitimate calling out of such fraudulent schemes will have surely contributed to the subreddit being listed under the search term scam. The recent PlusToken incident, to name a particularly high profile example, will have added heavily to the total number of times the word scam has been mentioned on the subreddit.

However, bringing the total up even more seems likely to be the number of so-called Bitcoin maximalists who dismiss all other crypto projects as a scam. The staunchest Bitcoiners, following the ICO bubble of 2017/18, have become known in the cryptocurrency space for their liberal use of the word when describing any other coin or token other than Bitcoin.

It, therefore, appears that the Bitcoin maximalist penchant for calling everything a scam might have somewhat backfired. If someone not already familiar with the nuances of the industry were to search Reddit for the term scam, the site will display the r/Bitcoin subreddit. This is hardly the kind of PR needed for a technology that has already had more than its fair share of dirt thrown at it from genuine naysayers.

Related Reading: Crypto Tidbits: Bitcoin Branded a Scam, Ethereum Upgrade Completed, Telegrams ICO in Crisis

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Is Bitcoin a Scam? Heres Why Reddit Certainly Thinks So - newsBTC

Why Grayscale Bitcoin Trust Surged Today – Motley Fool

What happened

Shares ofGrayscale Bitcoin Trust (OTC:GBTC)popped 12.3% on Monday, as the price of bitcoin rebounded sharply over the weekend.

Bitcoin's price climbed to more than $8,000 on Monday, up from about $7,300 at the close of the U.S. stock markets on Friday.As it typically the case with cryptocurrencies, pinpointing the exact reason for the move is difficult if not impossible.

One theory is that bitcoin's role as a hedge against geopolitical turmoil is helping to drive its price higher. The upward move coincides with the death of Iranian General Qassem Soleimani, who was killed in a U.S. drone strike. Many investors are concerned that rising tensions between the U.S. and Iran could lead to escalating military conflict in the Middle East, destabilizing the region and global oil supplies in the process.

Image source: Getty Images.

Another theory is that bitcoin reached technical support levels near $7,000 and has since rallied off these prices.

Both of these factors, along with many others, are likely contributing to bitcoin's recent gains at least to some extent.

The Grayscale Bitcoin Trust an imperfect proxy for the price of bitcoin. The trust is currently trading at a nearly 30% premium to the value of the underlying cryptocurrency that it holds.

However, unless a bitcoin exchange-traded fund is approved by regulators, investors who do not wish to deal with the security and other operational challenges that come with holding actual bitcoin will probably continue to use Grayscale Bitcoin Trust as a means to gain exposure to the cryptocurrency. As such -- and despite its sizable premium to the value of its underlying Bitcoin -- the price of Grayscale Bitcoin Trust will probably continue to mimic the price movements of bitcoin in the days and weeks ahead.

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Why Grayscale Bitcoin Trust Surged Today - Motley Fool

Bye-Bye Bear Market? These Hallmark Bitcoin Reversal Signs Appeared – newsBTC

Bitcoin has been on an absolute tear over the past few days, surging by some 20% from the $6,900 low put in last week. While some say it is too early to tell whether or not this jump marks an end to the brutal bear market that brought BTC from $14,000 to $6,400 at its worst, there are a number of technical signals that have been printed that imply bulls are decisively in control.

According to a number of analysts, Bitcoins charts are printing bullish technical signals galore.

BTCKyle posted the below tweet, noting that Bitcoins weekly chart has printed a bullish Parabolic Stop and Reverse candle for the first time since the $14,000 candle in June of last year. Yes, the SAR has not confirmed, though it is a positive sign for bulls should it close positive.

Thats far from the end of it. Josh Olszewicz, analyst at Brave New Coin, recently noted that Coinbase is now trading at a slight premium over Bitfinex. This is purportedly an extremely bullish signal that underscored much of the rally seen in 2019.

And Adaptive Capitals new analyst, CL, recently noted that Bitcoins four-hour chart is showing clear signs of a reversal on a medium-term basis. The trader and chartist specifically looked to the Bollinger Bands indicator, which he claims shows a bullish trend is currently emerging:

When price starts deviating away from the 4hr 200MA, out of the bands, especially after consolidation, and a BB squeeze, a new trend usually emerges. There is not much more to say, I will be buying dips. Send it.

All this has been underscored by the positive fundamental trend the cryptocurrency has seen.

Per previous reports from this very outlet, another bullish factor that is likely to aid Bitcoin is themacroeconomic and geopolitical environment. More specifically, the news that Iranian General Qassem Soleimani was killed in Baghdad in an airstrike directed by President Donald Trump.

According to a tweet from Mike Novogratz, a former Goldman Sachs partner and current chief executive of Galaxy Digital, the Iran situation is bullish for gold and BTC.

The investor elaborated by writing what he expects to happen on a geopolitical scale in the coming weeks. Slightly paraphrased, he wrote: Iran will begin to expel U.S. troops. Iran will have more influence in Iraq, which is what they want. The Saudis dont want conflict. Due to all this, the Middle East will become less stable, creating more volatility in global markets.

Not to mention, Bitcoins hash rate the measure of computational power processing BTC transactions hit a new all-time high on the 1st day of 2020. The all-time high, 119 exahashes per second, or 119 with 18 zeroes after it.

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Bye-Bye Bear Market? These Hallmark Bitcoin Reversal Signs Appeared - newsBTC

Confusion still prevails regarding Bitcoin as a Virtual Currency – FinanceLong

Bitcoin is currently the most popular cryptocurrency, but the percentage of people using it for making daily transactions is negligible. Even financial institutions shun it and do not offer products that cater to the cryptocurrency market. Thus, Bitcoin, which is worth thousands of dollars, is not traded on the world markets.

Bitcoin price has slumped recently, but they are expected to reach new highs. This is because the number of Bitcoin is fixed, but the number of people transacting in Bitcoin is increasing. As Bitcoin price is determined as demand compared to its supply, with demand increasing, its price is bound to rise.

Several Bitcoin faucets give small amounts of Bitcoin free to users. If users collect these small amounts for a long time, they can increase their Bitcoin holdings. However, this approach is time-consuming and strictly for small investors.

Bitcoin is increasingly used as a hedge for equities that are facing price fluctuations due to the US-China trade war. Any bad news on the trade front sees movement in Bitcoin prices suggesting that investors are backing Bitcoin to help them tide over these uncertain times.

In the initial days, Bitcoin enthusiasts knowingly or unknowingly used terms that would help the common man associate cryptocurrency with fiat currency. Today, these terms are proving to be impediments to the peoples understanding of Bitcoin.

Following are some of the misleading terms associated with Bitcoin:

The classic picture of a shining coin embossed with the Bitcoin symbol with a plastic case in the background was a clever marketing ploy to show users that a Bitcoin was not only a physical coin but was as valuable as gold or silver coins.

With this idea, when users buy Bitcoin, they are shocked as there are no coins, not even digital ones, which they can see. The human brain is wired to see physical coins and notes and in their absence, we feel a definite lack of trust. Whats more, you cannot even touch Bitcoin. Thus, the idea of giving up fiat currency for a currency that we can neither see nor touch creates apprehension in the minds of common people.

We hold banks accountable for safeguarding our holdings. We can pay a visit to banks; meet people handling our hard-earned money. With Bitcoin, there are no such interactions, even there are number of crypto games available that use bitcoin as payment. By using the term coin in Bitcoin, we prompt users to seek the same systems they see with fiat currency, which is just not the case with Bitcoin.

A traditional wallet is used to store fiat currency and can be carried wherever required. A cryptocurrency wallet can also be used wherever required but it does not hold any cryptocurrency. It only holds the users private keys, which will enable him to access his Bitcoin holdings. Again, this also confuses new users because they are used to carry physical cash in wallets. In the case of Bitcoin, its like they have put a lock on their wallets and are carrying the keys in their pockets.

Mining in the context of bitcoin is being used to give an idea of several miners looking to strike gold, while in the actual sense, there are rows of computers competing to solve a problem.

There is a new contest every ten minutes with a reward of 12.5 Bitcoin for miners whose blocks get accepted on the blockchain. This contest will last for 21 years.

Thus, rather than mining, it is more akin to a lottery, especially as mining farms with ASIC miners are employed which utilize huge computational power to break the cryptographic code. Mining refers to the physical search for some precious resource, while lottery refers to putting ones fate in someone elses hands, which is exactly what humans do with computer farms for mining.

We can conclude that Bitcoin is nothing like fiat currency and people need to be educated to accept that it is shapeless, formless, but still just as legitimate as the currency they hold in their wallets.

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Confusion still prevails regarding Bitcoin as a Virtual Currency - FinanceLong

Heres What Must Happen for $9K Bitcoin Price in the Coming Months – Cointelegraph

Bitcoin (BTC) made a sudden jump of 8% yesterday and is currently hovering at around $7,300. As the price bounced from $6,900, a higher low is presenting itself on the chart, but does this mean that the bottom is there?

Crypto market daily performance. Source: Coin360

BTC USD 1-day chart. Source: TradingView

The price of Bitcoin is still moving inside this downwards channel since last years high of $13,900. Remarkably, the price corrected towards the Golden Pocket Fibonacci area (0.618-0.65 level) and is currently showing a potential higher low.

The green area is also a significant area from 2018, as that was the zone the price of Bitcoin bounced on for 6-months.

Given that the price bounced from $6,900 to $7,400, theres buying pressure shown from this area, indicating that the price might be bottoming inside this range.

BTC USD 1-day linear chart. Source: TradingView

The linear chart shows similarities with the log scale chart. However, theres more of a falling wedge construction rather than a channel. Meaning that the price is gathering strength for a breakout through the coming weeks, marking this level as a bottom area.

The chart is also showing a bullish divergence, which marked the temporary low at $6,500. Generally, bullish divergences mark a trend reversal (also seen in the December 20118 low at $3,100).

If price maintains this red box as new support and a higher low is established, then Bitcoin could face a rally towards $9,000 over the coming months.

Total market capitalization 1-day chart. Source: TradingView

Similar signs show the total market capitalization chart, which has retraced to April 2019 levels. A test was confirmed by a sharp bounce upwards, followed by a potential higher low construction as we speak. Aside from these signals, a substantial bullish divergence potentially marked the bottom of this retracement.

This retracement is currently hovering around the 0.618-0.65 Fibonacci level as well (similar to Bitcoin). If market capitalization can maintain this higher low and consolidate on this level, a breakout to the upside of this falling wedge looks more likely than further downside momentum.

Crypto fear & greed index. Source: Alternative.me

Usually, when an asset is marking a temporary top, the sentiment is euphoric and greed becomes palpable. The opposite effect is the case around bottoms. People are usually scared and depressed as they are expecting further downwards momentum. The Fear & Greed Index has been showing fear for the last weeks, indicating that the overall market sentiment doesnt expect a breakout to the upside.

The price is still moving south, which means that some fear is warranted in the market. However, as the price is trying to bottom here, it would be interesting to look at potential upside momentum rather than further downwards. The same can be spotted on altcoins, for example, Ethereum (ETH).

ETH USD 1-day chart. Source: TradingView

The ETH chart is showing a similar wedge formation as the Bitcoin and total market capitalization charts, meaning that a breakout to the upside is likely to occur in the next month. Aside from that, the price bounced from a support area here and is potentially making a bottom formation.

ETH BTC 2-day chart. Source: TradingView

On the BTC chart, many altcoins are facing a long term downtrend. Ether, for example, is in the midst of a 2-year old downtrend that it must break out of. Interestingly, the months of January/February have historically seen Ether price significantly increase and/or breakout of downtrends.

During 2016, a similar breakout was shown, after which 2017 repeats the same move. First, a bottom formation includes a bullish divergence. After this, a higher low is marked, followed by a breakout to the upside.

In 2018 and 2019, a significant move to the upside was seen in the ETH/BTC pair as well, though no breakout of the general downtrend occurred. This time its possible, however, as Ethereum Classic (ETC) and Bitcoin Cash (BCH) are already breaking their downtrends that have been in place for two years.

So what must Bitcoin price do now to generate such a breakout to the upside?

BTC USD bullish scenario. Source: TradingView

As discussed previously in the article, the price needs to maintain the blue area as a higher low and not drop below it. As long as that level is sustained as support, a breakout to the upside is likely to occur. This would cause the 6-month old downtrend to break to the upside, which potentially means the end of the downward momentum.

The targets based on previous support/resistance and Fibonacci levels first include $8,000. If thats broken, the price is ready to aim for $9,100-9,500, which would typically shift the sentiment from fear to neutral.

BTC USD 1-day bearish scenario. Source: TradingView

A bearish scenario can be warranted through the opposite of the bullish scenario and is pretty basic. If the price of Bitcoin is not able to hold the blue area as support, the bullish divergence is not confirmed, and the price is ready to continue downwards.

In that regard, a potential retest of the $6,900 level would grant an excellent short opportunity, and then the next support zones can be found in the $6,200-6,500 area.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Heres What Must Happen for $9K Bitcoin Price in the Coming Months - Cointelegraph

Could Bitcoins 6-Month Downtrend Be Coming to an End? – FXStreet

While it pales in comparison to previous bear markets (prominently including 2018's 85% drop from nearly $20,000 to a low of $3,200), there's no denying that sellers have been in control of bitcoin over the last six months. Since peaking just below $14,000 in late June, bitcoin has put in a consistent series of lower highs and lower lows, culminating (so far) with the mid-December low under $6,500.

Ho-hum, just another run-of-the-mill 50% crash in the world's oldest cryptocurrency.

As any diehard bitcoin "hodler" will tell you though, developers continue to improve the underlying bitcoin protocol regardless of price movements. While the much-anticipated bitcoin ETF has yet to garner regulatory approval in the US, a series of other upgrades have come online in recent years, including the faster, cheaper "lightning network" layer-2 solution, as well as the space-saving Segregated Witness (SegWit) proposal. Looking ahead, developments like more efficient Schnorr signatures and privacy-enhancing Taproot could be future catalysts for improved functionality.

At the end of the day though, what traders are most interested in are the price movements, and from that perspective, there are some clear technical signs that bitcoin's recent downtrend may be coming to an end.

Quietly, BTC/USD has rallied more than 20% in the past three weeks and is probing its highest levels since late November. More to the point, this rally has come in the context of a classic inverted head-and-shoulders pattern. For the uninitiated, this pattern shows a transition from a textbook downtrend (lower highs and lower lows) to an uptrend (higher highs and higher lows) and is often seen at significant bottoms in the market:

Source: TradingView, GAIN Capital. Note that this is a logarithmic chart.

The fact that both the RSI and MACD indicators have been trending higher since late November (despite the marginal "lower low" in price) confirms that the selling pressure is drying up, a necessary precursor to the start of a new uptrend.

That said, bulls are far from "out of the woods" as of writing. Bitcoin is currently testing its 100-day moving average and remains within the bearish channel off its June peak. A confirmed break above this resistance zone in the 7900-8200 area is needed to confirm a shift in the medium-term downtrend.

Bulls can take solace that at least, after six-month period of frustration and despair, there are some proverbial "green shoots" at the start of 2020.

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Could Bitcoins 6-Month Downtrend Be Coming to an End? - FXStreet

All the books you should be reading in 2020 – Dazed

Elena Ferrante returns to Naples, Chelsea Manning unpacks everything in her powerful memoir, and thrillers get feminist in the year ahead

Its the first full week of January and for many the first week back to work that means some good old Jan blues, a neverendingunread inbox hitting triple figures, and maybe some identity crises for good measure. To plug the gap between meetings that could be emails and the thrum of existential thoughts, theres plenty of books to get excited by and escape into throughout 2020. From unflinching fiction in the era of #MeToo to dark thriller set against post-war Hollywood, a deep dive into South Koreas cosmetic surgery craze and profoundly moving memoir weve got you covered.

From the author of the wondrous A Girl is a Half-Formed Thing comes a piercing rumination on life, desire, and painful memories across nondescript hotel rooms in various capital cities. As the nameless woman enters new and unchanged hotel suites she stayed years before, shes forced to reckon with the turning tides in her life shes tried desperately to run away from. Will home ever come calling? Eimear McBride is a stellar master of language and pitch-black humour, elasticating it out and constricting it back in like a warren of endless lobbies and hallways, to explore the darkest depths of the womans mind. My heart throbbed and ached with this one. (AC)

February 4, Faber Books

Vanessa Wye was 15 years old when she first had sex with her English teacher. Now 32, and amidst the backdrop of the Me Too revolution, the teacher, Jacob Strane, has been accused of sexual abuse by another former student. What follows is a disturbing unravelling of memory and trauma as Vanessa is forced to redefine her first love as rape, and their relationship as abuse. A powerful and nuanced take on the emotional complexity of consent and manipulation, My Dark Vanessa is a gripping debut by Kate Elizabeth Russell, and goes to the centre of this ages discourse surrounding power dynamics and abuse. (GY)

March, 4th Estate

Marieke Lucas Rijneveld is already an award-winning poet in her home country of the Netherlands, meaning lyrical language and lasting imagery come as a given in her debut novel, The Discomfort of Evening. Published in the original Dutch in 2018, the story follows a young girl, Jas, that lives on a dairy farm where Rijneveld also lives and works and how her world is warped by the death of her brother in an ice skating accident. You see the effects of the tragedy through her unflinching eyes: how it affects her family, and the strange, erotic, sometimes gruesome rituals she develops as a result. Good for a bit of light reading? Probably not. But this is an account of loss and its effects that will stay with you for some time. (TW)

March, Faber Books

Ali Smiths Seasonal Quartet will come to its much-anticipated conclusion in July this year, after first being published in October 2016. Launched with Autumn considered the first post-Brexit novel, dealing with issues raised by the EU referendum Summer is the last of the four standalone works. Though each novel tells a completely different story, they are linked by the timing of narrative each are written and published in real time. Where Autumn addresses the tragic murder of Labour MP Jo Cox four months earlier, Winter references a recent speech by Donald Trump. Though little is publicly known about the plot of Summer, its set to be a compelling conclusion to Smiths innovative quartet. (BD)

July 2, Penguin

You dont need to look to fiction to know that doomsday is coming, but you might need to read Jenny Offills third novel, Weather, to figure out how to continue ploughing on with the small stuff when the world is inevitably set to implode. Brooklyn-based protagonist Lizzie Benson is grappling with just that librarian by vocation, Lizzie also spends her time as a fake shrink, tending to her recovering addict brother. During a rare period of calm, Lizzie reconnects with her old mentor, Sylvia Lillier now famous for her prophetic podcast, Hell and High Water who wants Lizzie to answer mail she receives. Diving into the polarised world of Sylvias listeners left-wingers worried about the climate crisis and right-wingers concerned with the decline of western civilisation Lizzie becomes convinced that doomsday is approaching, and obsesses over preparations. Set against the trials and tribulations of modern-day New York over-crowded schools, the 2016 presidential election, meditation classes Offills novel is magically cynical. (BD)

February 13, Granta

The former Irish Laureate for Fiction and Irish Booker winner offers up a captivating fifth novel, where one woman traces her relationship with her mother, a legendary Irish actress. Its a delicate, knotty reflection on familial relationships, the gendered fug that hangs over Irish society, the corrosiveness of celebrity, and sexual power dynamics. As daughter Norah moves out of the wings of New York and Dublin stages from which she watched her mother to unpack her past and unknown paternity, she uncovers some startling hidden truths of the actress and saddles herself with her own. Enright author of the beautiful Green Road and The Forgotten Waltz is so brilliant at constructing her characters, and painting evocative pictures of glamorous post-war America and shaggy 70s Dublin. Its packed full of twists and turns, from bloody crime to battles with sexism, fame, and reality itself. (AC)

February 20, Jonathan Cape

No matter how #woke you think you are, Dr Pragya Agarwals Sway will probably prove you wrong. Exploring unconscious bias in a society that largely believes its egalitarian, behavioural scientist, activist, and writer Agarwal unravels how our individual biases affect the way we communicate and perceive the world, as well as impact our decision-making. Through case studies, interviews, scientific research, and personal experience, Agarwal looks at bias expressed via ageism, appearance, accents, sexism, and aversive racism, and takes on the question: if we dont know about our own bias, are we really responsible for it? Helping readers reflect on whats shaped them, Sway will encourage understanding about why we act the way we do, and open our eyes to our own bias. (BD)

April 2, Bloomsbury

Journalism lost a shining, vital light when Lyra McKee was murdered by paramilitary gunfire in Derry riots last year. McKee was astute and passionate when writing about Northern Irish politics, mental health, and LGBTQ+ issues. Later this year, Faber & Faber will release an anthology of the formidable journalists writing, both unpublished and previously released articles. Her spirit lives on in her fast-moving and fierce works, her tone of voice deeply political and radically empathetic. One of McKees most widely known pieces, on post-conflict Northern Irelands concerning rates of suicide and mental health for The Atlantic, is startling, important journalism: we were the Good Friday Agreement generation, spared from the horrors of war, she wrote. But still, the aftereffects of those horrors seemed to follow us. (AC)

April 2, Faber & Faber

Elaine Feeney debut novel As You Were is a woman's story about womens struggles. Set in the confines of modern-day Ireland, where it was until only recently that patriarchal systems controlled womens rights over their bodies, Sinad Hynes, a young property developer, finds herself in an underfunded hospital, and carrying a big secret.

Through its effortless weaving of voices and histories, and hilarious observations about life on the ward, Feeneys novel highlights the importance of discourse between women, and their eagerness to open up and trust each other all while critiquing the institutional sexism faced by them on a daily basis. (GY)

April 16, Vintage Publishing

In her timely fourth novel, American Dirt, Jeanine Cummins humanises the migrant crisis. After the death of her journalist husband and 15 other relatives at the hands of a Mexican drug cartel, Lydia Quixano Prez and her eight-year-old son Luca are forced to flee their home city of Acapulco. Finding themselves worlds away from their comfortable middle-class existence, Lydia and Luca are transformed into migrants, desperately searching for safety in the United States. Traversing the cruelty and kindness of strangers, the mother and son quickly realise that everyone is running from something, with no idea where theyre running to. Offering a heart-wrenching insight into the experiences of displaced people looking for sanctuary for their loved ones, Cummins subverts widespread misconceptions about migrants. (BD)

January 23, Headline

The dystopia of Gish Jens The Resisters is, unnervingly, quite familiar. In a near future US renamed AutoAmerica society has been divided into the Netted and the Surplus: rulers and consumers, respectively, in an AI-driven surveillance state. The former occupy the high ground, while the latter live in swampland or on water, thanks to half of the country disappearing under rising tides. When AutoAmerica rejoins the Olympics though, Gwen a baseball prodigy born to Surplus parents gets a chance to rise above her assigned place. This is a book about class mobility and its consequences that could look all too real in the near future. (TW)

February 4, Knopf Publishing

Praise be, more Ferrante! Though its another Naples-set novel, were forgoing our familiar heroines of the Neapolitan trilogy Elena and Lila to focus on Giovanna, a complicated 12-year-old who overhears her father comparing her to his very unliked estranged sister. From there, the Italian teenager cycles through the sweet-sour contradictions of adolescence, the emotional turbulence and surliness wed all love to forget if Ferrante would ever let us, to unravel a complicated family history and internal war. The novel, already out in Italian, is due in English this coming June, but has already been deemed explosive by longtime fans. Expect the wonderfully complex, unabashed writing Ferrante is loved for, and a multisensory reflection of the Italian city she loves. (AC)

June 9, Europa

On New Years Eve, Chelsea Manning tweeted a breakdown of her decade, revealing that she spent 77 per cent of it in jail, and 11 per cent of it in solitary confinement but asserted she spent 0 per cent of the last ten years backing down. In her as-yet untitled memoir, Manning details how her appeal for increased institutional transparency and government accountability ran parallel to her fight for rights as a trans woman. After exposing classified documents revealing American subterfuge against its own citizens and the killing of Iraqi civilians while working for the US military in 2010, Manning was sentenced to 35 years in prison, but was freed by Obama in 2017. The day after her initial conviction, she publicly declared her gender identity as a woman and began transitioning. In her powerful memoir, Manning recalls her childhood, what led her to join the military, and the details of her WikiLeaks involvement. Despite having her sentence commuted, Manning has spent the last year in and out of jail, telling Dazed in February: There are some people who call me a hero. But things are worse now. Even worse than they were in 2010. (BD)

July 21, Farrar, Straus & Giroux

Chas mesmerising debut novel takes place in contemporary Seoul a place where plastic surgery is a common playground, K-Pop stars are subject to obsessive fans and ancient social hierarchies determine much of South Korean life. Against this backdrop, we meet four young women with interconnected lives: Kyuri, who has a job at an exclusive bar entertaining businessmen while they drink, her roommate, Miho, a talented artist, down the hall from them Ara, a hairstylist, and one floor below Wonna, a newlywed trying to get pregnant. Their stories weave together the complexities and contradictions of modern-day Seoul, in an ultimately uplifting story of women living in defiance of oppressive customs. (DS)

April 21, Ballantine Books

The moment I got my job at Virago in 1978 I knew it would be a long time before I would leave, writes Lennie Goodings, the chair of the trailblazing feminist publishing house. I had found my home: where books, ideas, politics, imagination, feminism, and business was the air we breathed. A Bite of the Apple is part personal memoir, part history of the iconic Virago Press, told by a woman who has been with it almost since the beginning. Over her career as a publisher and editor, Goodings has worked with extraordinary authors who shaped the literary world and defined the feminist conversation, including Magaret Atwood, Marilynne Robins, and Maya Angelou. Following the chronology of Viragos titles, Goodings explores her thoughts on reading, writing, and breaking boundaries, celebrating all that can be achieved when women empower each other to make their voices heard. (PC)

February, OUP

When Deborah Orr died at age 57 last year, tributes poured in for the warm, incisive, witty, headstrong writer. Orrs posthumous memoir, Motherwell: a girlhood is her final masterpiece: a tumultuous, scintillating journey through growing up working-class in Motherwell, south-east of Glasgow, the daughter of John, a factory worker, and Win a strict, enigmatic woman Orr battles to reconcile with. With unflinching honesty and razor-sharp insights, the book mediates on what it means to mother well, scrutinising not just her mothers parenting, but also her own.

Beyond a retelling of delicate familial relations, Motherwell also provides illuminating social commentary on Britain. From the introduction of council homes to the reign of Margaret Thatcher, to the miners strikes and the move away from streaming in schools to mixed-ability education, Orr reflects on the impact each of these political decisions have had on peoples lives with clarity and boundless empathy. (DS)

January, Weidenfeld

With Instagram-perfect, feminist co-working spaces like The Wing more prevalent than ever among the rich, of course its about time there was a book set against the backdrop of one. Andrea Bartzs The Herd is set in New Yorks exclusive women-only workspace, The Herd, where in-the-know creatives desperately fight for membership. Among these hopefuls is Katie Bradley, a writer with a way in: her sister Hana is the best friend of the communitys founder, Eleanor Walsh. Just as shes determined to make Eleanor the subject of her next book, Katie is shocked to discover that The Herds founder has vanished without a trace. What unfolds is a desperate search for the truth, as Eleanors husband, colleagues, and closest friends become suspects in her mysterious disappearance. (BD)

March 24, Ballantine Books

Kevin Nguyens New Waves is a different kind of heist novel, not only because the heist goes wrong pretty much at the outset, but also because the object in question isnt money, or diamonds, or art. Dissatisfied with their jobs in a tech startup (where else?) Lucas and Margo, the companys sole and frequently-talked-down-to black employee, plot to steal its userbase as an act of revenge. But then Margo dies in a car accident and Lucas, shaken, is left to look for answers on her computer (again, where else?). Secrecy, friendship, and the idiosyncracies of online life all figure into what he finds, raising questions about whether we can really know anyone at all, deep down. Like snooping through peoples phones when theyre out of the room? This is probably one for you. (TW)

March 10, One World

What would happen if you took a group of queer activists and dropped them into the most homophobic town in the US? Thats the question Celia Laskey asks in Under the Rainbow. The novel follows various characters as a nonprofit sends a task force into the fictional community of Big Burr, Kansas, the town theyve awarded the aforementioned label to. Is it a coincidence that this is also the home state of the Westboro Baptist Church, which has driven away residents with homophobic hate speech? Probably not.

The idea is that the task force will live among the community for two years, bringing new perspectives, but of course new tensions as well. In a world where discourse seems to be getting increasingly divisive, a generous, witty book about encouraging more open minds doesnt sound like a bad option. (TW)

In Warhol, art critic Blake Gopnik attempts to unpack the legend and lore surrounding the cult artist, whose name alone is enough to conjure images of Campbell soup cans, the notorious Silver Factory, brightly-coloured celebrity silk screens, tales of amphetameme-riddled parties, and his brush with death at the hands of Valerie Solanas.

Despite this, the misinformation surrounding Warhols life has made it difficult for biographers to accurately reflect the man behind the wigged persona, and Warhol, drawing on years of archival research and interviews with hundreds of the New York artists surviving friends, lovers, and rivals, tracks the idiosyncratic artists life from his working-class upbringing in Pittsburgh as the child of Polish immigrants, to his twenties as a successful commercial illustrator, and his ascent into global stardom. (GY)

February, Allen Lane

Diane Keaton has had a successful fifty years in Hollywood, starring in many films since her first major role in The Godfather, but maybe most popular for starring in Woody Allen films. Brother & Sister, however, is a memoir that explores the other side of her life, examining the close relationship she shared with her younger brother, Randy, when they were kids, and how they drifted apart as he became alcoholic and reclusive in adulthood. Alongside Keatons prose it contains photographs, poetry, letters, and diary entries from the family including Randy to reflect on sibling relationships, mental illness, and ultimately the regret that comes with mortality. (TW)

February 4, Knopf

The exciting debut of Maggie Doherty brings together the important yet untold stories of five women that came together in the Radcliffe Institute for Independent Study. The institute, at Radcliffe College in Harvard, offered women postgraduate study opportunities at a time when women were expected not to step out of the domestic sphere. Doherty, a lecturer at Harvard, traces the history-making steps and lives of painter Barbara Swan, writer Tillie Olsen, sculptor Mariana Pineda, and poets Anne Sexton and Maxine Kumin. Its a rich tapestry brought to life by Dohertys access to their personal notes, recordings, letters and works, weaving her own strong voice in with the individual women to tell stories of art, radical politics, relationships, and unfettered ambition. Though her eye is on the past, its most certainly a story to inspire our futures.

May 19, Knopf

Dares debut novel tells the story of Adunni a fourteen-year-old Nigerian girl looking to escape the life of servitude imposed on her. She soon learns that the only way to develop what her mother calls a louding voice the ability to speak for herself and determine her own future is through education. But Adunnis father has other plans for her, removing her from school and selling her on as the third wife of a local man. Despite being instilled with a belief that her worth amounts to nothing, Adunni refuses to be silent, resolving to stand up not just for herself, but the generations of lost girls who came before her and those wholl inevitably sucede her. (DS)

March 5

When faced with the prospect of impending ecological collapse, its easy to slip into overwhelming feelings of hopelessness and despair. In their book, Digueres and Rivvet Carnac two principle creators of the Paris agreement offer an alternative narrative: that we can and that we will survive. At a critical moment for the future of humanity, the authors outline what we can do to safeguard our world with practical steps, willing us to face the crisis head on in this rousing call to arms. (DS)

February 25, Manilla

Following the groundbreaking, wildly successful first Slay In Your Lane: The Black Girl Bible in the summer of 2018,Adegoke and Uviebinen are back with an anthology follow-up. Featuringover 20 established and emerging black British writers, the anthology gives space to votes made largely invisible in the publishing sphere. Contributors write with wit and sharp insight on navigating life as a black woman today, amid political chaos and uncertainty with Brexit, the rise of the far right, and beyond to look to a future in which black women thrive brightly. An absolute must-buy for understanding and making your way in the world.

June 25, 4th Estate

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All the books you should be reading in 2020 - Dazed

Charles Hoskinson Predicts Economic Collapse, Rise of Quantum Computing, Space Travel and Cryptocurrency in the 2020s – The Daily Hodl

The new decade will unfurl a bag of seismic shifts, predicts the creator of Cardano and Ethereum, Charles Hoskinson. And these changes will propel cryptocurrency and blockchain solutions to the forefront as legacy systems buckle, transform or dissolve.

In an ask-me-anything session uploaded on January 3rd, the 11th birthday of Bitcoin, Hoskinson acknowledges how the popular cryptocurrency gave him an eye-opening introduction to the world of global finance, and he recounts how dramatically official attitudes and perceptions have changed.

Every central bank in the world is aware of cryptocurrencies and some are even taking positions in cryptocurrencies. Theres really never been a time in human history where one piece of technology has obtained such enormous global relevance without any central coordinated effort, any central coordinated marketing. No company controls it and the revolution is just getting started.

And he expects its emergence to coalesce with other epic changes. In a big picture reveal, Hoskinson plots some of the major events he believes will shape the new decade.

2020 Predictions

Hoskinson says the consequences of these technologies will reach every government service and that cryptocurrencies will gain an opening once another economic collapse similar to 2008 shakes the markets this decade.

I think that means its a great opening for cryptocurrencies to be ready to start taking over the global economy.

Hoskinson adds that hes happy to be alive to witness all of the changes he anticipates, including a reorganization of the media.

This is the last decade of traditional organized media, in my view. Were probably going to have less CNNs and Fox Newses and Bloombergs and Wall Street Journals and more Joe Rogans, especially as we enter the 2025s and beyond. And I think our space in particular is going to fundamentally change the incentives of journalism. And well actually move to a different way of paying for content, curating content.

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Charles Hoskinson Predicts Economic Collapse, Rise of Quantum Computing, Space Travel and Cryptocurrency in the 2020s - The Daily Hodl

AI, edge computing among Austin tech trends to watch in 2020 – KXAN.com

AUSTIN (KXAN) Technology companies in Austin will continue to integrate tech into the physical world in 2020, making the city smarter and more connected, analysts say.

The Austin Forum on Technology and Society will dive into the top tech trends for the coming year at its first event of 2020 Tuesday night at the Austin Central Library downtown.

Well talk about both technologies that will really become mainstream next year, even more so than now, and others that the buzz will continue, but maybe theyre not ready to become mainstream, said Jay Boisseau, the Forums founder and executive director.

Boisseau gave KXAN a preview of some of the trends to watch, including artificial intelligence, edge computing and quantum computing.

A lot of companies are already deeply involved with AI, but Boisseau believes it will move into more real-world applications this year.

Companies like SparkCognition and and Valkyrie Intelligence are already experimenting in the AI space in Austin.

KXAN profiled Valkyrie last year. The company developed a way to identify and track cars on Austin roads and hoped the technology would have an application with Army Futures Command.

Austin is also primed to capitalize on advances in edge computing, Boisseau said.

Not all computing will be in data centers and clouds, but much of it will start to move out to the real world where the data actually occurs, where things happen, he explained.

More of the physical world will be equipped with sensors and data processors that can act on data in real time as they get it.

This is especially important for self-driving cars, he said, allowing vehicles to communicate with their environment to keep people safe inside and outside the car.

Ford announced last year Austin will serve as a test market for its self-driving vehicles. The car company plans to map out the citys roads this year.

Standard computing uses binary code 0s and 1s to process data, imposing limits on the amount of processing power traditional computers can generate.

Quantum computing exploits characteristics of atoms and other tiny particles to vastly expand the abilities of processors, allowing researchers to tackle problems in fields like medicine that computers currently cant.

Well hear a lot of buzz about that, Boisseau said, even though its probably going to be three to five years before we see a lot of business adoption of quantum computing.

The Austin Forum on Technology and Society will dig into those topics and others more deeply at Tuesdays event, Top Tech Trends for 2020 (And Beyond). It starts at 6:15 p.m. at Austins Central Library.

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AI, edge computing among Austin tech trends to watch in 2020 - KXAN.com

AI, ML and quantum computing to cement position in 2020: Alibabas Jeff Zhang – Tech Observer

From the emerge of cognitive intelligence, in-memory-computing, fault-tolerant quantum computing, new materials-based semiconductor devices, to faster growth of industrial IoT, large-scale collaboration between machines, production-grade blockchain applications, modular chip design, and AI technologies to protect data privacy, more technology advancements and breakthroughs are expected to gain momentum and generate big impacts on our daily life.

We are at the era of rapid technology development. In particular, technologies such as cloud computing, artificial intelligence, blockchain, and data intelligence are expected to accelerate the pace of the digital economy, said Jeff Zhang, Head of Alibaba DAMO Academy and President of Alibaba Cloud Intelligence.

The following are highlights from the Alibaba DAMO Academy predictions for the top 10 trends in the tech community for this year:

Artificial intelligence has reached or surpassed humans in the areas of perceptual intelligence such as speech to text, natural language processing, video understanding etc. but in the field of cognitive intelligence that requires external knowledge, logical reasoning, or domain migration, it is still in its infancy. Cognitive intelligence will draw inspiration from cognitive psychology, brain science, and human social history, combined with techniques such as cross domain knowledge graph, causality inference, and continuous learning to establish effective mechanisms for stable acquisition and expression of knowledge. These make machines to understand and utilize knowledge, achieving key breakthroughs from perceptual intelligence to cognitive intelligence.

In Von Neumann architecture, memory and processor are separate and the computation requires data to be moved back and forth. With the rapid development of data-driven AI algorithms in recent years, it has come to a point where the hardware becomes the bottleneck in the explorations of more advanced algorithms. In Processing-in-Memory (PIM) architecture, in contrast to the Von Neumann architecture, memory and processor are fused together and computations are performed where data is stored with minimal data movement. As such, computation parallelism and power efficiency can be significantly improved. We believe the innovations on PIM architecture are the tickets to next-generation AI.

In 2020, 5G, rapid development of IoT devices, cloud computing and edge computing will accelerate the fusion of information system, communication system, and industrial control system. Through advanced Industrial IoT, manufacturing companies can achieve automation of machines, in-factory logistics, and production scheduling, as a way to realize C2B smart manufacturing. In addition, interconnected industrial system can adjust and coordinate the production capability of both upstream and downstream vendors. Ultimately it will significantly increase the manufacturers productivity and profitability. For manufacturers with production goods that value hundreds of trillion RMB, if the productivity increases 5-10%, it means additional trillions of RMB.

Traditional single intelligence cannot meet the real-time perception and decision of large-scale intelligent devices. The development of collaborative sensing technology of Internet of things and 5G communication technology will realize the collaboration among multiple agents machines cooperate with each other and compete with each other to complete the target tasks. The group intelligence brought by the cooperation of multiple intelligent bodies will further amplify the value of the intelligent system: large-scale intelligent traffic light dispatching will realize dynamic and real-time adjustment, while warehouse robots will work together to complete cargo sorting more efficiently; Driverless cars can perceive the overall traffic conditions on the road, and group unmanned aerial vehicle (UAV) collaboration will get through the last -mile delivery more efficiently.

Traditional model of chip design cannot efficiently respond to the fast evolving, fragmented and customized needs of chip production. The open source SoC chip design based on RISC-V, high-level hardware description language, and IP-based modular chip design methods have accelerated the rapid development of agile design methods and the ecosystem of open source chips. In addition, the modular design method based on chiplets uses advanced packaging methods to package the chiplets with different functions together, which can quickly customize and deliver chips that meet specific requirements of different applications.

BaaS (Blockchain-as-a-Service) will further reduce the barriers of entry for enterprise blockchain applications. A variety of hardware chips embedded with core algorithms used in edge, cloud and designed specifically for blockchain will also emerge, allowing assets in the physical world to be mapped to assets on blockchain, further expanding the boundaries of the Internet of Value and realizing multi-chain interconnection. In the future, a large number of innovative blockchain application scenarios with multi-dimensional collaboration across different industries and ecosystems will emerge, and large-scale production-grade blockchain applications with more than 10 million DAI (Daily Active Items) will gain mass adoption.

In 2019, the race in reaching Quantum Supremacy brought the focus back to quantum computing. The demonstration, using superconducting circuits, boosts the overall confidence on superconducting quantum computing for the realization of a large-scale quantum computer. In 2020, the field of quantum computing will receive increasing investment, which comes with enhanced competitions. The field is also expected to experience a speed-up in industrialization and the gradual formation of an eco-system. In the coming years, the next milestones will be the realization of fault-tolerant quantum computing and the demonstration of quantum advantages in real-world problems. Either is of a great challenge given the present knowledge. Quantum computing is entering a critical period.

Under the pressure of both Moores Law and the explosive demand of computing power and storage, it is difficult for classic Si based transistors to maintain sustainable development of the semiconductor industry. Until now, major semiconductor manufacturers still have no clear answer and option to chips beyond 3nm. New materials will make new logic, storage, and interconnection devices through new physical mechanisms, driving continuous innovation in the semiconductor industry. For example, topological insulators, two-dimensional superconducting materials, etc. that can achieve lossless transport of electron and spin can become the basis for new high-performance logic and interconnect devices; while new magnetic materials and new resistive switching materials can realize high-performance magnetics Memory such as SOT-MRAM and resistive memory.

Abstract: The compliance costs demanded by the recent data protection laws and regulations related to data transfer are getting increasingly higher than ever before. In light of this, there have been growing interests in using AI technologies to protect data privacy. The essence is to enable the data user to compute a function over input data from different data providers while keeping those data private. Such AI technologies promise to solve the problems of data silos and lack of trust in todays data sharing practices, and will truly unleash the value of data in the foreseeable future.

With the ongoing development of cloud computing technology, the cloud has grown far beyond the scope of IT infrastructure, and gradually evolved into the center of all IT technology innovations. Cloud has close relationship with almost all IT technologies, including new chips, new databases, self-driving adaptive networks, big data, AI, IoT, blockchain, quantum computing and so forth. Meanwhile, it creates new technologies, such as serverless computing, cloud-native software architecture, software-hardware integrated design, as well as intelligent automated operation. Cloud computing is redefining every aspect of IT, making new IT technologies more accessible for the public. Cloud has become the backbone of the entire digital economy.

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AI, ML and quantum computing to cement position in 2020: Alibabas Jeff Zhang - Tech Observer