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Show UVU REVIEW A2 NEWS MON TUE WED THU 3 4 5 6 MON. MARCH. 3 zor H52 L35 CLASSES BEGIN FRI 7 SAT 8 H54 H56 H54 H47 H52 L33 L39 L37 L34 L39 MARCH 3, 2014 THE WEEKLY 416 RELEASE H58 SUN 9 WEEK L41 Second Block TUES. MARCH. 4 Si, TECH IT OUT I. will I Hum: . BRC GOT TO MARKET TRAINING No longer just the LI! Wild West for nerds Time: 8:00 am. - 7:00 p.m. Location: BRC Conference Room WED. MARCH. 5 Bitcoin has a reputation for being volatile inside and outside of its community DAVID R. KELLER MEMORIAL SYMPOSIUM 2014 Time: 8:00 a.m. - 5:30 p.m. Location: LI 421 PLASTIC SURGERY DOCUMENTARY Time: 3:00 p.m. - 5:00 p.m. Location: LI Lecture Hall 11111 I -10 MBA INFORMATION SESSION Time: 11:30 a.m. - 1:30 p.m. Location: 213a FRI. MARCH. 7 I. AVC SYMPOSIUM Time: 8:00 a.m. - 5:00 p.m. Location: LI Lecture Hall UVU REVIEW filers, photographers, editors, -arid designers •-17 -:,-a- _re nee - p UVU Review! Email: NON-STOP - PG-13 Starring: Liam Neeson, Julianne Moore, Scoot Mcnairy POSTED BY: @BLAYDEll Made it on #espn after #uvu student section stormed the court!#wolverinegreen #brawl #tanktop #sportscenter DIRECTED BY: JUAME COLLET-SERRA By Tiffany Frandsen THURS. MARCH. 6 Come work for the . Staff Writer @Tiffa ny_MF Bitcoin is still the Wild West of currency, but its reputation is spreading outside of its community of users, perhaps because of the recent news about Mt. Gox, the oldest (and previously, most popular) platform to host Bitcoin exchanges. Bitcoin (abbreviated to BTC, like dollar would be $) is an unregulated and decentralized digital currency. The anonymous creator (or creators, for all anyone knows), goes by the incognito Satoshi Nakamoto, and created the cryptography-reliant currency in 2008. Bitcoin can be traded like any commodity, like gold or pork bellies. The system is built on a peer-to-peer network and every user has the public record of each transaction's code to eliminate the need for a central governing body and to prevent double-spending. It also eliminates the fees that would normally be associated with a bank transfer. Transactions are pseudonymous, uninsured and irreversible. Most bitcoin traffic is from buying and selling but they originate through mining. There were 21 million created in 2009, and roughly half have been mined. Bitcoins are mined through complex math formulas that are released in batches. When the formula is worked out, the miner receives the bitcoins and the community ledger reflects the transaction. Because of the complexity, some miners work in groups to work out the codes, which they can then sell or trade into the market. Every time a batch is unearthed, the math equations are further complicated, to control the pace of the release. Bitcoins are bought, sold and stored in digital wallets on exchanges like Bitstamp, BTC-e and until recently, Mt. Gox. In February, Mt. Gox discovered a bug that threatens all transactions. They responded by suspending all withdrawals, deleting their Twitter feed and replacing their website with a message explaining their decision to close transactions. Bitstamp and BTC-e have both been attacked by hackers as well, who flood the websites with information attacks and cause a denial of service. Contrary to calls of doom from some corners, bitcoin value has settled in the $500 range throughout February. It is down from its peak of $1,155.25, which it hit in December 2013 when the currency was oscillating most magnificently, but has seen less drastic changes in 2014. Bitcoin passed the $100 mark for the first time in April 2013 and the total Bitcoin value passed $12 billion in November 2013. UVU doesn't accept bitcoins as payment on tuition or in the bookstore. If they ever wanted to, a proposal would have to be taken to the Board of Regents and probably be approved by the state. There are a handful of businesses in Utah Valley that accept bitcoin, including Sweeto Burrito. Christian Faulconer, a franchisee in Provo, has been set up to accept bitcoins since his first week of business but hasn't used it much. "It's fun and the people who use it are committed to it. Bitcoiners are very loyal," said Faulconer. Justin Williams, a UVU graduate and General Manager of Station 22 Café, has seen a similar trend. "We have seen a couple big groups use it, but it's still pretty rare- about once a month," said Williams. He says it's not very easy to use because it requires additional transfers. Black Sheep Café used to accept bitcoins, but they no longer do. blake.mcclary uvu.edu r SON OF GOD — PG-13 Starring: Diogo Morgado, Amber Rose Revah, Sebastian Knaoo POSTED BY: @MRSHESS YESTERDAY'S HAPPY MOMENT: CHEERING ON THE #UVU MEN'S BASKETBALL #WACGAME #100DAYSOFHAPPY DIRECTED BY: CHRISTOPHER SPENCER REPENTANCE- R Starring: Forest Whitaker, Anthony Mackie, Mike Epps DIRECTED BY: PHILIPPE CALAND POSTED BY: @CHRISTINE_DAHL I'M PROUD TO BE A UTAH VALLEY WOLVERINE!! WHAT AN AMAZING GAME!!@WOLVERINEGREEN #UVU #WOLVERINE #UVUBASKETBALL Follow: @uvureview Photos were found via statigram. For questions, refer to Instagram Privacy Policy. If you would not like your photo used, stop using lnstagram. TWITTER FEED MOVI ES 12 Years a Slave -R The Hunger Games: Catching Fire -PG13 The Last Days on Mars -R TELEVISION • • • Doctor Who Christmas Special @COLBYHEAPS I guess I can finally be proud that my school I went to is in the news for something sports related. #UVU #wolverinebrawl Ashanti Braveheart @NATHANPNUGENT After watching the video of last night's UVU/NMSU fight, I'm impressed with how quickly it ended. Could have been much worse. #UVU #NMSU Game of Thrones -Season 3 Californication -Season 6 Imogen Heap Sparks Rick Ross Mastermind @WODIES2711 It's kinda cool seeing my old school on ESPN #UVU STAFF LIST, 2014 STUDENT MEDIA COORDINATOR Brent Sumner, sumnerbr@uvu.edu NEWS EDITOR Nicole Shepard, nicoleellens@gmailcom ART DIRECTOR ASST. STUDENT MEDIA COORDINATOR OPINIONS EDITOR LEAD DESIGNER Robbin Anthony, robbina@uvu.edu EDITOR-IN-CHIEF Alex Rivera, alexrivera42187@gmailcom MANAGING EDITOR Alex Sousa, aljosousa@gmailcom Blake McClary, blakeamcclary@gmailcorn Brittany Plothow, brittanymarie725@gmailcom Tara Mendenhall, tjmendenhall@q.com SPORTS EDITOR PHOTO EDITOR LIFE EDITOR WEB MASTER Kyle Spencer, kspence04@gmailcom Natalie Sullivan, nhillsullivan@gmail.com Laura Fox, applecomb@gmail.com Tyler Larrabee, larrabee.tyler@gmail.com |