{"id":179581,"date":"2017-12-25T21:43:00","date_gmt":"2017-12-26T02:43:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/12\/25\/bitcoin-jumps-c-cegaladon\/"},"modified":"2017-12-25T21:43:00","modified_gmt":"2017-12-26T02:43:00","slug":"bitcoin-jumps-c-cegaladon","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/12\/25\/bitcoin-jumps-c-cegaladon\/","title":{"rendered":"Bitcoin Jumps C. Cegaladon*"},"content":{"rendered":"<p><a href=\"https:\/\/i.imgur.com\/cvIMx9Y.png\"><img decoding=\"async\" src=\"https:\/\/i.imgur.com\/cvIMx9Y.png\" style=\"cursor: pointer; float: right; margin: 0px 0px 10px 10px;\" width=\"300\" \/><\/a>Long Island Iced Tea Company <a href=\"https:\/\/arstechnica.com\/tech-policy\/2017\/12\/iced-tea-company-stock-triples-after-adding-blockchain-to-name\/\">renamed itself, &#8220;Long Blockchain&#8221; and its stock exploded<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">The Long Island Iced Tea Corporation is exactly what it sounds like: a company that sells people bottled iced tea and lemonade. But today the company announced a significant change of strategy that would start with changing its name to &#8220;Long Blockchain Corporation.&#8221; <\/p>\n<p>The company was &#8220;shifting its primary corporate focus towards the exploration of and investment in opportunities that leverage the benefits of blockchain technology,&#8221; the company said in a <a href=\"http:\/\/www.nasdaq.com\/press-release\/long-island-iced-tea-corp-to-rebrand-as-long-blockchain-corp-20171221-00468\">Thursday morning press release<\/a>. &#8220;Emerging blockchain technologies are creating a fundamental paradigm shift across the global marketplace,&#8221; the company said. <\/p>\n<p>The stock market loved the announcement. Trading opened Thursday morning more than 200 percent higher than Wednesday night&#8217;s closing price.<\/span><\/p><\/blockquote>\n<p>Remember when everyone added dotcom to their company names <b>JUST BEFORE IT ALL IMPLODED<\/b> in the late 1990s?<\/p>\n<p>Yeah, that.<\/p>\n<p><sup>*<\/sup><span style=\"font-size: xx-small;\">The largest shark, and <a href=\"http:\/\/en.wikipedia.org\/wiki\/Megalodon\">likely largest predator fish ever<\/a>.   It died out some 1.5 million years ago.  The Genus is still in  dispute, between either Carcharodon (Great White) or Carcharocles (broad  toothed Mako).  So in jumping C. Megalodon, you have jumped the biggest  shark ever.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Long Island Iced Tea Company renamed itself, &#8220;Long Blockchain&#8221; and its stock exploded: The Long Island Iced Tea Corporation is exactly what it sounds like: a company that sells people bottled iced tea and lemonade. But today the company announced a significant change of strategy that would start with changing its name to &#8220;Long Blockchain &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[395,426,505,588,456,406],"class_list":["post-179581","post","type-post","status-publish","format-standard","hentry","tag-computer","tag-currency","tag-disaster","tag-fail","tag-finance","tag-stupid"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179581"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=179581"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=179581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=179581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=179581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}