CoinDesk Bitcoin News Blockchain 101 Technology Markets Business Data & Research Events Stay Up to Date on Crypto & Blockchain With Our Suite of Newsletters. Subscribe Here! Bitcoin Remains On the Defensive With Price Below $8K Omkar Godbole Omkar Godbole May 22, 2019 at 13:15 UTC Updated May 22, 2019 at 18:06 UTC View BTC has traded in a narrowing price range over the last 48 hours, aborting the immediate bullish view put forward by Sunday’s double-digit gains. A range breakdown, if confirmed, would allow a price drop toward $7,200. That looks likely with multiple signs of bullish exhaustion on the daily chart. The outlook, however, would again turn bullish if the contracting triangle ends with a bullish breakout. In that case, the price could rise to $8,500. Bitcoin is teasing a downside break of its recent trading range, having again faced rejection above $8,000 earlier today. The cryptocurrency market leader jumped more than 12 percent on Friday, reviving the case for a potential break above the June 2018 high of $8,500. The bullish momentum, however, fizzled out on Monday with prices falling from $8,200 to $7,581. Further, BTC remained on the defensive Tuesday, with prices clocking daily highs and lows within Monday’s trading range. Essentially, BTC’s narrowing price range has created a contracting triangle over the last 24 hours, neutralizing the immediate bullish view put forward by Sunday’s rally. The case for notable price pullback, suggested by repeated bull failures at $8,300 would strengthen if the indecision represented by the contracting triangle ends with a downside break. As of writing, the lower edge of the trading range is seen at $7,805, while bitcoin is trading at $7,824, down 1.6 percent on the day. While the short-term prospects are looking a little bleak, the long-term outlook remains constructive, with cryptocurrency reporting nearly 50 percent gains on the opening price of $5,267 seen May 1. Further, BTC is trading well above the 200-day MA, currently at $4,485.

Home»June»For Neil, Apollo Was the First Step in Humanity’s Cosmic Migration FROM THE JUNE 2019 ISSUE For Neil, Apollo Was the First Step in Humanity’s Cosmic Migration Neil Armstrong saw himself as an engineer first. But he also knew he was part of a long chain of human migration. By James R. Hansen|Monday, May 20, 2019 RELATED TAGS: SPACE EXPLORATION Apollo-Spaceship North American Rockwell/NASA You’ll find the name Neil Armstrong in any historical listing of the world’s greatest explorers. No one would quarrel with the Apollo 11 commander, test pilot and first man on the moon being high on that list. Except Armstrong, that is. He saw himself as an engineer first. In an early interview for my biography of Armstrong, he expressed the raison d’être of his career in flight: “I flew to the moon not so much to go there, but as part of developing the system that would allow it to happen.” He once told the National Press Club: “I am, and ever will be, a white-socks, pocket-protector, nerdy engineer, born under the second law of thermodynamics, steeped in the steam tables, in love with free-body diagrams. … Science is about what is. Engineering is about what can be.” He did accept being called a pioneer, because he knew the word connected etymologically to engineering. Popular culture long portrayed American pioneers as Daniel Boone or Davy Crockett, wearing buckskins, fighting off Shawnee warriors or Red Sticks, and opening the way to settlements on the western frontier. But the English word pioneer has a long history. The word ultimately derives from the Medieval Latin word pedo (as in our English word pedestrian). In ancient times, pedones were foot soldiers whose job was to build and repair roads for the main body of troops. They were engineers, members of a construction corps who prepared the way for the main army. Armstrong’s stock-in-trade was in league with his fellow pedones, paving the way. Neil-Armstrong Neil Armstrong was the first person to step on the moon, but he saw himself as an engineer first, part of a long chain of human exploration. NASA Once, over lunch, I asked him to compare the moon landings to another event in human history. I thought, being an engineer, he would cite an invention — the wheel, the compass, the steam engine, the transistor. But, as happened so often, his quick answer surprised me: “the Austronesian expansion.” He had just read Jared Diamond’s Pulitzer Prize-winning book Guns, Germs, and Steel, which offers a bold and sweeping explanation of why Eurasian and North African civilizations survived and conquered others, due to geographical and environmental advantages rather than intellectual, moral or genetic superiorities. It was clear Armstrong admired the thesis, but he was focused on one chapter in particular: “Speedboat to Polynesia.” Archaeologists have found that groups of people were leaving Asia by boat tens of thousands of years ago, and by 5000 B.C., these immigrants had established a potent and versatile culture on the island of Taiwan (also once known as Formosa), combining fishing, gardening and a little farming. But their migration was hardly over, Armstrong explained. Around 2500 B.C., having mastered ocean navigation by plying the water between Taiwan and the coast of Asia, these enterprising, seagoing people — the Austronesians — spread out into the Philippine islands. From there, they ventured even farther into the vast Pacific, which covers about one-third of Earth’s entire surface. The Pacific islands the Austronesians came to settle — eventually all the way to Hawaii and Easter Island — are like grains of sand scattered across a vast blue void. To think that a people could navigate the Pacific well enough to settle and establish culture on islands separated by so much ocean is truly extraordinary, Armstrong said. Yet somehow early humans managed to reach them all. I asked Neil if he saw the Austronesian expansion as a forerunner for how humankind will become a true spacefaring civilization. “Yes, I do,” he said. “We have learned how to navigate to the moon. That is like the ancient Chinese mainlanders learning how to get to Formosa; Formosa is the moon. After we settle it, we jump off from there to Mars, just like they went next to the Philippines. And from there, all across our vast galaxy. If the Austronesians can sail in their boats and scatter into settlements all across Oceania, we can take our spacecraft and scatter and settle all across the Milky Way. “It may take even longer than it took the Austronesians, but if they did it, so can we,” he said. “Because they are us.”

Home»June»When a Woman’s Personality Shifts Dramatically, Doctors Race to Keep Up FROM THE JUNE 2019 ISSUE When a Woman’s Personality Shifts Dramatically, Doctors Race to Keep Up A woman’s sudden mania, odd sexual behavior and furious note-taking don’t add up. By Eliezer J. Sternberg RELATED TAGS: BRAIN STRUCTURE & FUNCTION, PSYCHOLOGY Epilepsy-1 I knew something was odd when the nurse insisted that she accompany me into my patient’s room for my own “protection” — but then again, this was the psych ward. The nurse led me through two sets of metal doors to meet a glowing 46-year-old woman named Melissa — glowing not only because of her orange blouse and tight, fluorescent blue pants, but also because of her pasted-on smile, as if ecstatic to be involuntarily hospitalized. She sat cross-legged on the bed with a Bible in her lap, taking furious notes, until she noticed me standing there. “Hello, doctor!” she said. “You have some sexy legs there, don’t you?” I don’t, and I was starting to get a sense of her symptoms. Standing next to her was Anthony, her friend and co-worker, who explained the situation. Melissa worked as a financial analyst and was typically a model employee, but today at work, her colleagues became concerned that she had had a mental breakdown. She walked from office to office proclaiming, “I am God,” and promising to forgive the sins of her “children” who worked in the office. She repeatedly hugged her male colleagues while declaring how much she loved their feet. Ultimately, Anthony brought her to the hospital after she inquired about whether he’d ever received a foot massage from the hands of God.