The Rise of Bіtсоіn

In thе раѕt three mоnthѕ alone, thе рrісе оf Bіtсоіn hаѕ: rіѕеn ѕtеаdіlу from below $250 tо thе low- tо mіd-$300 rаngе, ѕріkеd past $400, plunged bасk dоwn tоwаrd $300, stabilized аrоund $325, ѕurgеd аgаіn раѕt $350 around Blасk Frіdау, thеn jumped еvеn hіghеr — аftеr a роtеntіаl unсоvеrіng оf Bіtсоіn’ѕ creator — to about $430 аѕ of this morning.

Taking a wider аnglе to lооk at the year, thе high, $437 according to Blосkсhаіn.іnfо, was about twо аnd hаlf tіmеѕ іtѕ low, $177 — and these gуrаtіоnѕ don’t even bеgіn tо mаtсh those ѕееn frоm 2013 to thе bеgіnnіng оf thіѕ уеаr, when the price wеnt frоm thе teens to $1,200 аnd bасk down toward thе $200ѕ, that was when everyone started realizing they should be learning how to buy bitcoin.

Thоugh 2015 has рrоvеn to bе thе уеаr that vеnturе саріtаl аnd Wаll Strееt bet оn the blосkсhаіn (shorthand fоr thе dіѕtrіbutеd ledger tесhnоlоgу behind Bіtсоіn), with соmраnіеѕ rаngіng from Gоldmаn Sасhѕ to American Exрrеѕѕ, frоm Nаѕdаԛ tо Klеіnеr Pеrkіnѕ, investing іn ѕuсh vеnturеѕ, аnd VC investment іn thе sector tоtаlіng $314 mіllіоn ассоrdіng to Pitchbook, іt’ѕ nоt сlеаr whеrе thаt lеаvеѕ the сurrеnсу.

There hаѕ bееn ѕоmе movement оn Wall Strееt around it: еаrlіеr thіѕ year, thе New Yоrk Stосk Exchange lаunсhеd a Bіtсоіn іndеx, NYXBT; the Bitcoin Invеѕtmеnt Truѕt (GBTC), a trust whоѕе ѕhаrеѕ can bе hеld in IRA, Rоth IRA аnd оthеr brоkеrаgе аnd investment ассоuntѕ as well аѕ раѕѕеd оn to bеnеfісіаrіеѕ, bеgаn the trade forex; аnd the Winklevoss twіnѕ lаunсhеd Gеmіnі, a fully lісеnѕеd and rеgulаtеd Bitcoin еxсhаngе, in еаrlу Oсtоbеr. Thеу also hаvе іn the wоrkѕ аn ETF, whісh, like GBTC, could арреаl to institutions, pension plans аnd 401(k)ѕ thаt might want exposure to Bіtсоіn but wоuld not bе able tо оwn thе сurrеnсу dіrесtlу.

Day 1 of 2016 – Painfully moving home office on a public holiday? Argh!

Well, according to science fiction (fantasy) movies, 2016 is supposed to be a year of all sorts of technological marvels.  Well, it certainly is that, but no technology marvel that anyone made a movie about.  WiFi man, anyone?  

Today I officially started my new role as Lecturer (BIS) at University of Queensland.  I’ve had just over two years as a post-doctoral research fellow, and now I have a lecturer role at UQ.  Mainly, I think, because I’ve managed to teach MBA students pretty well – certainly not because of my research at this stage, though I do have four papers in the pipeline.

Officially, today is a public holiday in Australia – not sure if it ever wasn’t a holiday and people just gave up pretending to work after New Year’s Eve.  Unfortunately, today was a day my daughter insisted on recalling a conversation we had three years ago.  The one I said that, when she started Grade 5, she could have the bigger room downstairs that I am using as an office for her bedroom – we would do ‘swapsies’ on the room.  Well, after an itinerant tenant (my sister-in-law who has been completing her nursing degree), my daughter insisted on remembering the conversation and it’s time to up stumps and rationalise my office into the smaller room.  It’s working out OK though I’m taking the chance to get a standing desk sorted and, frankly, I miss having a place to sit.  

2016 01 01 21 03 36

Maybe I’ll be able to scam a tub chair in here, or a standing chair.  It’s generally working out OK I think – though as this room is upstairs I think I’ll be organising air conditioning in this room for those hotter days – it faces west and is near a very thin roof.  Pleasant enough tonight though and I can isolate myself and write – hopefully, with a cup of coffee.  Though I’ll have to go up and down my 23 step staircase to do that.  Ah well, that’s what a standing arrangement is all about, right?

Oh yes, the standing part of the desk is clearly an Ikea hack – the longer coffee table and shelf with brackets so I can have two monitors going at once from my Macbook Pro.  I just need to clear up the junk on my desk now and the office is semi-sorted.  

Here’s the stuff for my Ikea Hack standing desk (inspired by posts made online by many others):

  • Lack Coffee table at $A29.99
  • Ekby Tryggve shelf – well, that’s what I bought but that’s no longer available at Ikea.  Essentially, it’s a wide pine shelf 30cm x 120cm.  A fine replacement would be the Ekby Hemnes shelf, same dimensions (119cm x 28cm) for $A29.99.  Though myTryggve shelf was less than that – I paid $9 and only $20 for the coffee table.  Ikea Inflation?    
  • Two Ekby Valter brackets with screws – $5 each.  

Nothing too amazing, it was really easy to put together and cheap enough that if it doesn’t work out I give it all to St Vinnie’s.  Or take the coffee table off and put it in the wardrobe, never to be seen again.  

Anyway I’m really sore from lugging that desk upstairs, and her room downstairs, and still have a metric crapload to do – so I’m just gonna see if I can get Elite Dangerous to work…

P.S. yes that’s a typewriter holding up my second monitor.

Google’s Algorithm Updates: Navigating SEO in a Constantly Changing Landscape

Google’s Algorithm can significantly impact your website’s visibility in search engine results pages (SERPs), making it crucial for digital marketers and website owners to stay informed and adapt their strategies accordingly. This article delves into the nature of Google’s algorithm updates and offers guidance on how to navigate SEO in this dynamic environment.

Understanding Google’s Algorithm Updates

Google continually updates its algorithm to improve the relevance and quality of search results for users. These updates range from minor adjustments that go unnoticed to major updates that can shift the SEO landscape overnight. Major updates like Panda, Penguin, and BERT have historically targeted low-quality content, spammy link practices, and the ability to understand natural language, respectively.

The Impact on SEO

When Google rolls out a significant update, some websites may experience drops in rankings and traffic, while others could see improvements. The impact depends on how well your site aligns with the principles Google emphasizes with each update, such as quality content, user experience, and mobile-friendliness.

Strategies for Navigating SEO in a Changing Landscape

  1. Focus on Quality Content: High-quality, relevant content has been the cornerstone of Google’s recommendations. Ensure your content provides real value to your audience, answers their questions, and is well-researched.
  2. Optimize for User Experience (UX): Google’s algorithm updates have increasingly focused on UX, including site speed, mobile-friendliness, and interactivity. A site designed with the user in mind will likely perform better in SERPs.
  3. Embrace E-A-T Principles: Expertise, Authoritativeness, and Trustworthiness (E-A-T) are critical for websites, especially in YMYL (Your Money Your Life) niches. Demonstrating your credentials and ensuring your content is fact-checked can bolster your site’s standing.
  4. Stay Informed: Keep abreast of SEO news and Google’s announcements. Websites like Search Engine Journal, Moz, and Google’s Search Central Blog are excellent resources for learning about algorithm updates and SEO best practices.
  5. Use Web Analytics: Tools like Google Analytics and Google Search Console can provide insights into how your site is performing in terms of traffic, rankings, and engagement. These tools can help identify areas affected by algorithm updates and guide your optimization efforts.
  6. Be Prepared to Adapt: Flexibility is key in SEO. If you notice a drop in rankings after an update, be prepared to analyze your content and SEO strategies and make necessary adjustments.
  7. Build a Diverse Traffic Strategy: Don’t rely solely on organic search traffic. Diversify your traffic sources through social media, email marketing, Link building services, and other channels to mitigate the impact of algorithm changes.

Data analytics and the creation of value

This article popped up on my LinkedIn feed this morning:

http://blogs.wsj.com/cio/2015/02/18/how-intels-cio-helped-the-company-make-351-million/

“How Intel’s CIO Helped the Company Make $351 Million”

In essence they used data analytics to provide better guidance to their sales people as to who to call, when to call, and in what order.  The entire thing is built around a data model that guides decision-making in the sales process – obviously, drawing on the large datasets that they have internally.

I just thought this was extremely relevant to the two core aspects of the course:  data analytics and the role of IT in the organisation.

Happy trails.

Thanks:  Micheal Axelsen

On the virtues of buying a 1981 Honda CX400: The case of the Returning Motorcyclist

This question was posed on Netrider by a returning motorcycle rider who’d been offered a CX400 for $3,700 and was worried whether (as a grey import) it’s odometer reading of 9500kms was trustworthy, so I felt compelled to answer it. I’m putting my response on my blog as part of my drive to push the blog further in 2014. The returning rider had spent the past 20 years wearing down a recalcitrant wife. Also it gets me in academic dress off the top of the blog.

Now, I had a 1980 CX500. When I bought it it had 27,000kms, then 75,000kms, then 56,000kms, then 80,000kms. Each time the fix was because of a stuffed speedometer. And I’m not mechanical. I’d put pretty much no faith in the odometer reading. Like, less faith than I have in Geoffrey Edelstein’s search for true love in strip clubs.

A CX400 is a real, real, enthusiast’s bike. It is not the bike you buy to get into motorbiking; it is the second bike you buy to have in the shed to tinker with when something breaks. If you are looking to ‘save money’ this is not the place. A CX400 was the underpowered version of the gulle-pump and I think meant only for Japan and Europe – I don’t think they even came here originally. Also I think $3,700 is a pretty high price for a CX; I sold my quite-good and running CX500 5000kms a year ago for $3,100 – I still miss it.

Even if the kays are original, the bike is still 30 years old and it is highly likely bits will break as soon as you use them with intent. In my view there are two reasons why a bike has low kays: the person got on the bike and scared themselves and then put it in a barn, or it was always breaking and they got sick of it and put it in a barn. For an older bike that you want to ride, you want to buy a bike that is being ridden.

I guarantee that you will spend the $3,700 in the first year again fixing the bike – waterpump and stator are one of the top five ways to suck money from your wallet with a CX unless you can fix that yourself, or have a knowledgeable friend who works for beer (CXs need the engine-out to fix this fairly common age-related problem). More than likely you will need to budget to immediately replace fluids (brake fluid, coolant, forks) and tyres (>7 years old tyres are a great way to develop a love of ice-skating).

Unless you have a real love of the older bike and appreciate its foibles in comparison with modern bikes, I’d spend the money on a nicer, newer bike. $3,700 will get you into a much more reliable, safer, and daily-ridable bike. I loved my CX, and I rode it everywhere (regularly did 500km days on it) but bits broke with monotonous regularity (ever looked for parts for a 30 year old bike?), skinny tyres did not engender cornering confidence, the shaft is located high in the engine and the bike will twist if revved in an entertaining fashion, and so it was more top-heavy than the waitresses at a Hugh Hefner pyjama party.

Your questions:

  1. $3700 is this to good to be true? A: No, but it’s a bit high (probably for their rarity)
  2. How trust worthy are import bikes? A: Fairly OK but it is what it is – an uncommon variant of a 30 year old model and likely of unknown provedence.
  3. Has the odometer been tampered with, how prevalent is odometer tampering? A: Using my super-powers of mass-fraud detection I can’t tell if it’s been tampered with, but are the kays original? Well I changed my speedo 5 times so yes, if not prevalent it’s accepted practice… of far more importance for a bike that old is the documented service history.
  4. Any feed back would be appreciated thanks. A: For a returning rider with rusty skills and a recalcitrant missus an import CX (low-kay or otherwise) is not the answer.

There are 71 road bikes (naked and sports tourers) on Bikesales that are less than 10 years old and 250-750cc capacity for < $4,000. They are all likely better options. You want to get back into riding, not into ringing your mechanic to find out when you can come and pick it up (if you ARE a mechanic the CXes are fantastic to work on, as I understand it, and I was able to do the basics on mine). For mine, as an older gent of some means I’d stretch the budget out to $5,000, spend some money on gear (say, $1000), and I’d be sure to go for a refresher course as a returning rider (say, $400). If there’s one thing Netrider grimly reminds us, it’s that returning riders are over-represented in the accident statistics.

There are a few nice GS500s in that list for < $5000 but also some CB400s and cruisers and Fazers and all the bikes people on this forum love. I loved my CX and still have one as a project bike, and there’s a terrific forum (www.australiancx.asn.au) for the bikes. If you are serious about the CX I’d go and have a look at that website and read some of the stories of people that have bought these bikes. They’re terrific (the people and the bikes), but I really don’t get the feeling a CX400 is what you’re after.