Driving Archives -
As a Utah family went on a drive to take pictures of autumn leaves on Sunday afternoon, horror: “They heard an explosion in the back seat,” a relative tells NBC News . “When my brother-in-law looked back he saw that his son was in his daughter’s lap and there was blood…
On September 13 the Money Button launched, allowing people the ability to integrate a Bitcoin Cash-powered payment button into any website or application. This week we tested the Money Button’s user interface with a website to see how easy it is to add a digital currency payment button.
Taking the Money Button for a Test Spin
Last week news.Bitcoin.com showed a preview of the Money Button after the application’s creator, Ryan X Charles, published a video on the subject. Since then on September 13, the first version of the platform has launched and we decided to give the application a test spin to see how it worked. Furthermore, my 9-year old son Joshua, who is very familiar with bitcoin and who has reviewed platforms and devices with me before, helped me with the review. We’ve reviewed the Ledger Nano S together and we also used to upload his artwork to the website Blockpress. Joshua is currently in the process of creating his own website on Wix using the site’s web builder and we decided to test the Money Button on his build.
The first thing we did was register with Money Button to set up a wallet. You don’t have to register to set up a button, as you can add a third party BCH wallet or add the user number of another Money Button wallet. After registering, the platform creates a seed and asks you if you want to back up the mnemonic. Users can also skip the back up right away (not recommended) and write down the mnemonic at a later date. After that you can load a wallet with funds and you can use this money to tip other websites on the web that have a Money Button deployed. But we decided to create a Money Button to see how simple it was for Joshua to add it to his website, which is unpublished at the moment, but we used the button in the preview.
So Joshua went to the ‘create your own Money Button for free’ page on the website. From there you can customize the payment button with a variety of options such as making a tip button or a paywall button. We decide to make a ‘tip’ button and tether it to the Money Button wallet we just created.
Users can then choose the Money Button’s label which allows for 20 characters inside the button describing the amount you can tip, a label or a customized label and amount. For our button, we named it ‘Joshua’s Tip Jar’ and created a tip button for $ 10 USD worth of BCH that will be sent to our Money Button wallet. Users can set the button to any amount of money and in a wide variety of digital and fiat currencies. You can also choose to tether the button to another wallet address.
After selecting everything you want, to the right, you can see a preview of the button and even slide it to test out how it works on the Money Button website. Under that preview, there is some code that can be added to any website, and the firm says a WordPress plugin is on the way. Joshua went to his Wix web builder and easily pasted the code into the i-frame box and then positioned the button where he wanted it placed. After that, Joshua previewed his website (what it would look like if it was live on the web) to see how his Money Button looked and worked. We were both pleased to see the ‘Joshua’s Tip Jar’ button and it operated just like it did on the platform when we created the code.
Overall the experience was pretty straightforward and for people who know the basics of using a bitcoin cash wallet will grasp the Money Button application with ease. Joshua liked the idea that people could tip him when he added his artwork to his website in the future. And we both thought the button could offer a lot of incentive for content creators on the web if the application catches on and gains popularity going forward.
What do you think about the Money Button platform? Let us know what you think about this subject in the comment section below.
Images via Shutterstock, Money Button, and Jamie Redman.
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The post Test Driving the Money Button — Simple Enough for a 9-Year Old appeared first on Bitcoin News.
Idaho police are starting to enforce a new law targeting slow drivers hanging out in the passing lanes of highways. Two drivers have been cited as of July 27 for driving too slowly in the left lane since the law took effect July 1, the Idaho Press reported Monday. Idaho…
According to a survey conducted among finance professionals, ‘crowd psychology’ is the main factor determining the movements of bitcoin market prices. More than half of the polled experts shared this opinion. Many of the individuals surveyed also expressed concerns about the issue with crypto custody, saying that the way cryptocurrency is stored now prevents BTC from becoming a global reserve asset.
The Phenomenon Behind the Recent Price Spike
Cryptocurrencies have been through a lot of downturns this year but the latest upward trend on the back of positive expectations has provided ground for optimism. Bitcoin core markets are recuperating from this year’s lows of less than $ 6,000 USD per one BTC in June to more than $ 8,000 USD this month (~40 percent increase). Now a new survey has revealed what finance professionals think about the major factors that are moving the price of the digital asset.
More than half of the respondents in the poll conducted by Data Trek Research believe the recent market developments are closely correlated to the so-called “crowd psychology” phenomenon, also known as herd or pack mentality. 52 percent of the questioned said that’s the main driver of the price of the cryptocurrency with the largest market capitalization.
According to Nicholas Colas, co-founder of Data Trek Research, this is the single most surprising response of the whole survey, Market Watch reported. Commenting on the results of the study, he said:
Finance professionals make their livings by analyzing asset values through the lens of fundamental/quantifiable factors. That more than half of respondents believe valuation in the crypto space is “purely a function of crowd psychology” is refreshing in its honesty.
Usage Not a Significant Factor
On the other hand, only 15 percent of the polled experts think the price of bitcoin core (BTC) is a function of the growing usage of the cryptocurrency.
The survey also found that the issue with crypto custody, or the way cryptocurrencies are held and stored, is a major concern for many investors. 38 percent of the questioned said BTC would never become a reserve asset on a global scale.
Of the 216 professionals that have participated in the Data Trek poll, 42 percent are employed in the traditional money management industry and another 24 percent are working as brokers.
Just in the past two weeks, BTC markets have gained approximately 30%. After a brief descent below $ 8,000, at the time of writing bitcoin (BTC) is again trading above this threshold.
What is your opinion about the major factors influencing the prices of cryptocurrencies? Tell us in the comments section below.
Images courtesy of Shutterstock, Michael Novogratz (Twitter).
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The post Crowd Psychology Driving BTC Prices, Finance Experts Say appeared first on Bitcoin News.
Bray Wyatt wasn’t paying attention to traffic when he smashed into the car in front of him and caused the driver to veer to the left and hit another vehicle … according to the crash report. The WWE Raw tag team champion was cited for “careless…
Man accused of driving into crowd at Charlottesville rally faces federal charges, could receive death penaltyJune 27, 2018 | dailybusinessnews
The man accused of mowing down a counter-protester at last year’s white nationalist rally in Charlottesville is now facing federal hate crime charges and could receive the dealth penalty if convicted.
Saudi women are in the driver’s seat for the first time in their country and steering their way through busy city streets just minutes after the world’s last remaining ban on women driving was lifted on Sunday.