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3 Things You Might Not Know About Vine

Tuesday, April 9th, 2013

Short attention span?

Have trouble reading complete sentences?

Is a 30 second commercial difficult to watch because it’s just too long?

Then try Vine.

A recent acquisition of Twitter, Vine is a simple iOS App (sorry Android fans, not available for you yet) that captures six seconds of video and sends it out to followers, looping endlessly.

 Just because Vine is succinct, doesn’t mean it’s just another app. Here are several ways Vine is making a name for itself.

1. Vine is used by startups to pitch their brands

Mashable reported that several startup brands are using Vine. It’s the worlds fastest elevator pitch–a mere six seconds. By compressing product demos, quirky startup culture and soliciting followers for feedback into six seconds, Vine is finding a niche of visitors that love the simple creativity of Twitter with the functionality of video.

2. Vine is ultimately a tool for creativity 

Like most social media, the power of the platform is in the hands of its users–Vine has seen its fair share of absolutely ridiculous posts, but others are seeing it as a tool for creativity.

TOKYO, a professional movie trailer editing studio, recently released several classic film trainer in the six second Vine format. Check them out here.

3. Vine is now hashtag friendly

New, interesting content is now easier to find and search with Vine hashtags.

Vine From the Vine blog: “We launched Vine with an Explore section to make it easier for you to find great content, like popular posts and hashtags, from accounts you may not follow. Since launch, there have been a ton of awesome, creative posts that don’t always make it to the popular sections. In many cases, these posts include a hashtag that the community is using. To surface that content, we’re introducing trending hashtags, which show you the fastest-rising hashtags on Vine. These hashtags signify those that have moved up quickly in popularity; they aren’t necessarily the hashtags with the most posts.”

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Question: What do you think about Vine? What’s your favorite feature?

The Basics of the Digital Currency Bitcoin

Monday, April 1st, 2013

This past Thursday The Verge announced that the total value of the digital currency Bitcoin had surpassed $1 billion.

This news no doubt sparked a variety of reactions from “I wish I would’ve invested when it was $13 two and a half months ago” to “what is a digital currency?”

Bitcoin Surpasses Banks

Bitcoin is the first decentralized digital currency. In other words, it’s a currency that circumvents banks, governments and financial institutions by operating peer-to-peer. The thinking is that by surpassing banks, fees will be less and more control gained by Bitcoin users.

Bitcoin opponents cite hacking attempts as a vulnerability to the digital currency, while proponents see Bitcoin as more secure than traditional monetary systems because users have more control.

Where Can I Use Bitcoins?

After downloading the Bitcoin software and creatiting a digital wallet, Bitcoins may be purchased and used in several different platforms.

 +Use SpendBitcoins.com to convert Bitcoins into gift cards from Amazon, Barnes & Noble and iTunes. 

+ Receive purchase codes for services like XBoxLive and  PSN instantly online at Bitcoincodes.com.

+Buy music, ebooks, wallpapers and other downloadable content at CoinDL!

Users can also use sites like LocalBitcoins.com to search for local users who want to buy or sell Bitcoins with cash.

It Bitcoin a Safe Investment?

Seeing the currency rise so dramatically over the past few months may tempt would-be investors to purchase Bitcoins. Yet, on March 19, The Economist made this statement:

Online interest in the currency has spiked in recent months. Though an increasing number of legitimate businesses are adopting the currency—one Finnish software developer has offered to pay its employees in Bitcoin—it still has relatively few users. Its primary commercial use is probably to buy drugs from Silk Road, a sort of pirate eBay hidden in the “deep web”. This suggests that the new users are buying Bitcoin as an investment, not as a means of exchange. For any currency to thrive it needs users, not just speculators.

 Question: What do you think about Bitcoins? Will the be a passing fad or is it the next big thing?