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Spain Passes Draconian Laws Affecting Internet Freedom

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For a few years, there have been grumblings in Spain about the attempts to pass laws which forbid the photographing of police officers as well as various types of civil disobedience. Tolerance of civil disobedience is globally seen as a hallmark of a free society, but now “unauthorized” protesters in Spain will face steep fines, and photographing police in the line of duty is now illegal.

Perhaps more interesting to our audience, however, are the new heavy-handed regulations regarding online activities such as pirating movies and games. If it can be deemed to be done for “commercial purposes,” which is a vague concept, piracy can now be punished by up to three years in prison. Such laws seem to be popping up worldwide, involving the government in the private affairs of content creators and consumers.

Also read: NYPD Hacks Wikipedia With False Information

Cyberactivism and Anti-Terrorism

21-spain-2In addition to the laws which forbid the photographing of police or the organization of “unauthorized” protests, citizens who post online about civil disobedience events could also be subject to the criminal prosecution. Specifically, the law states:

Distribution or public dissemination through any medium, of messages or slogans that incite the commission of any offense of disorderly conduct under Article 557 of the Penal Code, or serve to reinforce the decision to carry them out shall be punished with a fine of three to twelve months or imprisonment from three months to a year.

Most onerous of this is “serve to reinforce.” Does this mean that people posting on social media in support of protesters will be just as guilty as those protesting? Time will tell, as the laws take effect in July, and following that, will be enforced.

Perhaps worst for hackers of a political bent, it is now a terrorist act to attack a government website. Additionally, the very act of buying a Virtual Private Network subscription can be considered illegal.

Illegal to “Glorify and Publicly Justify” Crime

It may be hard to believe, but the government has actually made it illegal to state in a public way that one agrees with something illegal. While doing so is obviously not the same as actually breaking the law, now those who “glorify” or “publicly justify” something deemed a crime under the new law can be subject to up to eighteen months in prison. From the law:

Glorification and public justification of crimes under Articles 572-577 or those who participated in its execution or performance of acts involving disrepute, contempt or humiliation of victims of terrorist offenses or their families, shall be punished with imprisonment of one to three years and a fine of twelve to eighteen months.

Has Franco Returned?

Often forgotten about Spain is that the fascist Francisco Franco was in power until 1975. During his reign, he executed some between 200 and 400,000 political opponents. His era was one of severe repression characterized by labor camps and strict limits on political freedoms.

Such laws as these would not have been a surprise to Spanish citizens during that time, but in the modern era of democracy, they seem to have no place. While many would consider some of the changes, such as steep penalties on child and revenge pornographers, to be legitimate, these reasonable laws come at the cost of numerous civil liberties. Not to mention, a new widespread reduction of accountability of the police force will now be in effect since it is illegal for citizens to document any police misconduct.

Read the English translation of the new laws here.

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https://www.youtube.com/watch?v=Gv3o7t3-y5s

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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5 stars on average, based on 2 rated postsP. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link




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9 Comments

9 Comments

  1. fabrica64

    March 30, 2015 at 5:55 pm

    I think freedom of expression is an absolute concept, so there should be no law restricting it… but pirating media is stealing, so defending it is like defending the right to steal. And “commercial purposes” is not a vague concept, it’s very clear, it’s when you make a profit from handling (distributing or selling) pirated media.

    • jdbo

      March 31, 2015 at 10:50 am

      You are contradicting yourself…. think again you can still have the right to do it now…..

      • fabrica64

        March 31, 2015 at 11:06 am

        Do you mean freedom of expression includes freedom to steal?

        • jdbo

          March 31, 2015 at 1:37 pm

          This is YOUR meaning… Thus the contradictions:
          freedom AND stealing
          freedom of speach AND “pirating media”.
          Your “… but” is mainly propaganda against freedom of speach.
          Am I wrong? Why? Think again…

          • fabrica64

            March 31, 2015 at 1:50 pm

            Sorry but I don’t understand you. I am for freedom of speech but I think distributing works done by others without their permission and making profit on it without sharing this profit with them is stealing. I don’t see contradiction unless you think private property is against freedom of speech.

          • jdbo

            March 31, 2015 at 1:59 pm

            You don’t want to understand:

            THERE IS ABSOLUTELY NO LINK BETWEEN FREEDOM OF SPEACH AND “stealing work done by others”.

            How is it possible you don’t understand this????
            Or maybe you don’t understand at all the meaning of “freedom of speach”.

            There is ALREADY many many many many many many laws against the stealing of work done “by others”….

            Here the propaganda wants ONLY to link any stupid thing to “freedom of speach” in the minds of the readers in order to FORBID “freedom of speach”.

            Totally useless propaganda… You are answering always very quickly than you are the propaganda, aren’t you? Why? Are you a cop or related?

  2. Pete Rossetti

    March 30, 2015 at 6:09 pm

    whats that got to do with the price of milk?

    • jdbo

      March 31, 2015 at 1:38 pm

      religions… mainly… again! loool….

  3. Private_Eyescream

    July 6, 2015 at 5:40 am

    The Jews are pushing again to imprison the world in their tyranny and they are over-reaching again.

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EOS Price Forecast: EOS/USD Heading for Another 300% Move?

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  • EOS/USD price action via the 4-hour chart view has formed a bullish flag pattern.
  • The price is moving around levels seen back end of March to early April, before a bull run of over 300%.

The past six sessions for EOS/USD have been erratic to say the least. It has been subject to a high amount of volatility, swinging aggressively in both directions. There has been a lack of commitment from either the bear or bull camps of late. As the market continues to trade with such behavior, it appears to be trying to find its feet, ahead of a potential chunky firm trend.

EOS DApp Hacked Again

An EOS based gambling DApp, EOSBet has been hacked, with $338,000 being reported as stolen. This isn’t the first time; just back in September, hackers managed to get away with a reported 40,000 worth of EOS, which at the time had a value of $200,000. It has been said that they were able to exploit their smart contracts, having found security vulnerabilities.

Technical Review – 4-hour Chart View

EOS/USD 4-hour chart

EOS/USD price action has formed a bullish flag pattern, which began taking shape on 15th October, after the aggressive price behavior stabilized. The bulls at the time ran the price well up into $6 territory. Consequently, it then met the breached ascending trend line, failing to move back above this area. This followed the sharp breakthrough to the downside, which occurred on 11th October. As a result, a drop of over 15% was seen, forcing EOS/USD to retreat in a demand area, within the $5.0000 level proximity.

Looking to the upside, small near-term resistance is seen at around $5.6100, which is the upper trend line of the mentioned bull flag pattern. A breakout will likely open the doors to a retest of the broken ascending trend line, tracking around $6.1100. Support can be eyed at $5.4600, which marks the lower trend line of the flag. Furthermore, should this fail to hold, EOS/USD could likely fall back down to the serving demand area, within the lower $5.0000 territory.

April 2018 Bull Run

EOS/USD April bull run

In April of this year EOS/USD entered a chunky bull run, gaining over 300%. From the back end of March until 11th April, the price had been stuck within consolidation mode. Resulting in the price trading within a tight range, at levels of where the price is currently seen today.

Something quite astonishing started to unfold. Between the period of 11th April to the 29th April, a bull run of around 290% was seen. Over this time frame EOS/USD went from $5.9500 up to a high of around $23.0811. The price is currently demonstrating a similar behavior to that of what was seen during the mentioned period. It is interesting to note that the price did have historical levels to break through, as it had already run higher during the period of December 2017 and came back down. Finally, this is not to say EOS/USD will observe the same bull run. However, it is an interesting observation to be aware of.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.5 stars on average, based on 32 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




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Stellar Price Analysis: XLM/USD Has the Potential for a Short-term Rally, Though Bearish Set-up Eyed

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  • Stellar’s XLM potentially has further room for upside, within the short-term view.
  • Danger still looms for XLM/USD, as the daily chart suggests of a bearish technical pattern set up.

Steller’s native token XLM, has failed to commit to any sustained trend. This has been the case since the start of July. Bull rallies that have been witnessed were quickly sold by the market bears. This led the market to trade within a generally long running form of consolidation. Price action is narrowing, given the unsustainable short-term trend runs that have been witnessed. It comes as somewhat of a surprise, as the Stellar foundation have certainly been busy.

Stellar Developments

It was reported recently, blockchain security company BitGo, announced their support of Stellar Lumens (XLM). Being added to the BitGo’s list, Stellar now receives custody solutions. Their users will be able to generate wallets for Stellar Lumens. This is said to be starting at some point within the next couple of weeks. Elsewhere, as previously reported, the Stellar foundation at the start of this month released their heavily anticipated decentralized exchange, StellarX.

4-hour Chart Technical Review

XLM/USD 4-hour chart

Looking via the 4-hour chart, price action has formed a bullish pennant pattern. This comes after the surge higher between September 20-23. XLM/USD has since entered consolidation mode, trading within a range-bound nature. The price is coming very much towards the end of this technical pattern seen, raising the case for an imminent breakout. Near-term support can be observed around $0.2350 area. This is the lower tracking trend line of the mentioned pennant. A failure of the support could very likely see a fast fall to $0.2050. XLM/USD was last trading in this territory between September 12 – 20. The mentioned period was during a time of consolidation, prior to the mentioned breakout higher.

Resistance is seen just ahead of the current price. The above descending trend line of the pennant pattern is tracking around $0.2460-70. Enough bullish momentum to see the breach would likely force the price running to $0.2650. This is seen as an area of resistance on the 4-hour chart view. Looking further to the north, eyes would be on the supply heading into the $0.3000 mark.

Daily Chart Technical Review

XLM/USD daily chart

Taking into consideration the 4-hour chart view, there is still room for another squeeze higher. Despite this, danger appears to still be looming for XLM/USD. Risks on the daily chart point to the downside. The view of this is that a longer-term bearish pennant pattern is containing the price. XLM/USD support on the daily chart can be seen just sub of $0.2000. A long-running supporting trend line can be seen. The price having required assistance on June 29 and several occasions from September 8 – 12. To the upside, resistance can be seen around $0.2900. XLM/USD was rejected already on a few prior occasions, by the above descending trend line. July 25-2 and then most recently September 23, all saw respective bull runs halted.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.5 stars on average, based on 32 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




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IOTA Price Analysis: Current Behavior Raises Concerns of Another Drop in the Price

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  • Current technical indications still point to downside risks for IOTA’s MOITA price.
  • Near-term chart view sees a rising wedge pattern. The daily chart observes a bearish pennant formation.

The IOTA price remains at risk for now of a breakout to the downside. It appears more likely that downside pressure will be seen, in comparison to any upside surprises. Despite this, IOTA’s native token has made solid recovery in just over a week of trading. Since 25th September, it has gained 8%. Trending higher has been observed from a low of around $0.5200, up to current levels around $0.5600.

IOTA Developments

Most recently, Bitpanda announced they now offer deposit and withdrawal services for IOTA. Bitpanda is fintech company based in Vienna, Austria. They specialize in selling and buying Bitcoin and other cryptocurrencies. Becoming Europe’s leading retail broker for Bitcoin, Ethereum, Litecoin and more, boasting a user base of over 900,000 users. “We are very pleased to announce not only withdrawal and deposit functionalities for IOTA on Bitpanda, but also that Bitpanda now officially supports the latest IOTA tech — IOTA Hub,” as stated in their most recent blog post.

This move goes to show the growing presence IOTA is having across the market. The market acknowledgement of the foundation’s technology. IOTA’s MOITA is currently the 11th largest cryptocurrency by market cap, which is seen at $1.5 billion.

Elsewhere, as covered previously, the foundation is very close to revolutionizing the car insurance industry. They presented a new project in which they have been working on at bIOTAsphere. This was a proof of concept technology, known as Tangle. Full details mentioned in the previous article.

Near-term Technical Review 

IOT/USD 60-minute chart

Looking via the 60-minute chart, current price action has formed a rising wedge pattern. This price behavior makes it susceptible to a breakout to the downside. Should the bears manage to breach the lower support, sellers could pile in. To the downside, support in this view can be seen tracking around $0.5650. Further to the downside, 60-minute support should come into play around $0.5420.

Daily Chart Technical Review

IOT/USD daily chart

For over a month now, price action, as clearly seen on the daily chart view, has been firmly within consolidation mode. The range is getting tighter, building up the likelihood of an imminent breakout. Resistance is sitting just ahead around $0.5850, very close to current levels. Support eyed at $0.5430, a breakout could see the price tumbling. A potential downside target would likely be around the $0.4000 territory, testing 14th August low.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.5 stars on average, based on 32 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




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