Are you with Mike Hearn? Has Bitcoin failed? Is it Dead - page 2.

Xester

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Quote from: HabBear on February 18, 2017, 04:26:12 PM

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws. It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

Its just a fraud news or they are planning something. Bitcoin is a threat to the US dollar its because through this cryptocurrency has the tendency to replace the US dollar and they will try to destroy it in its early stage. Second thing is maybe they want people to panic so they will sell their bitcoins the White House will buy huge volume when the price goes down. Remember Trump is a businessman and it could be just his business strategy.

just_Alice

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I'm wondering who are those 2 people who have voted for "Yes - please accept my condolences." Bitcoin right now is more alive than ever and its price in USD only proves that.

IMO Washington Post is not the place where to look for reliable information. Forbes and Financial Times are much better in that regard.

talkbitcoin

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All I know is that I know nothing.

some people want their names to be written in the history and not everyone can be a hero, we need jesters and idiots too. and this is one of the examples of the second group. Mike Hearn is now a part of history as an idiot who was butthurt and spread some FUD.

it is one year later from that article and it will soon be 10 years and we will still be laughing at him. some of us not and some others will understand and laugh later.

machinek20

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Anyone can declares bitcoin is dead, or any newspaper announce bitcoin is dead, but bitcoin will never be dead if there are users that using it for transaction, the power of bitcoin is in the people not in the government or media

icecube45

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Quote from: Idrisu on February 19, 2017, 03:36:44 AM

Bitcoin is a decentralized crypto currencies which is not control by a single government. If united states of American want to band bitcoin they can go ahead. Either it was regulate or not regulated bitcoin cannot be killed as it cannot be control by single individual or group. The beauty of bitcoin is that the more governments reject it the stronger it became and the higher the trading volume increased.

I think the news was made to reduce the interest of people to use bitcoin, so that many people began to doubt using bitcoin and leave. It was a fake news and I think it could not be accounted for with bitcoin situation now. You're right, bitcoin is decentralized so that no person or institution that can control, only users who has control of bitcoin. During bitcoin have a users I think it will continue to grow.

Hydrogen

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These fake news stories remind me of Saruman the White from the Lord of the Rings books.

Saruman had the ability to make people believe the things he said were true.

But his power was broken when he tried too hard to make too many believe in his lies.

CNN, WaPo and many other "fake news" outlets could fit that profile.

asriloni

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Quote

January 19, 2016

Who cares!!!!! at least if the bitcoin just get the approval from the SEC and that already makes me buy more bitcoin and put them in my cold storage for a long time later.

Idrisu

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Bitcoin is a decentralized crypto currencies which is not control by a single government. If united states of American want to band bitcoin they can go ahead. Either it was regulate or not regulated bitcoin cannot be killed as it cannot be control by single individual or group. The beauty of bitcoin is that the more governments reject it the stronger it became and the higher the trading volume increased.

canah17

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Quote from: HabBear on February 18, 2017, 04:26:12 PM

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws. It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

Well i would not believe this article because its really impossible that in washington they declare bitcoin is dead as you heard of the 80 or 90 percent of the news of the internet is falls alert believe it or not i think you should know about that but if that news is real its only in washington its not a harm to bitcoin and its their lost because now bitcoin is increasing its number and more expensive in the internet by that bitcoin is the source of all internet problems Cheesy

Sled

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Bitcoin- in bullish time

If the bitcoin is dead then why we are still here? And also, why the price seems so high if the bitcoin is already dead?
Bitcoin cannot died easily because it has strong foundation and great support from its community. Those posts are surely fake because that is just a trying hard hype but it will not make an effect for bitcoin.

pooya87

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Quote from: HabBear on February 18, 2017, 04:26:12 PM

ht tps://ww w.washingtonpost.com/~/2016/01/19/~~~

it is funny that apart from only one person the rest of the previous 21 comments didn't even pay attention to this, and mindlessly replied.
the article is too damn old. it is from 13 months ago (1 year+) and even if you have forgotten, Mike Hearn was full of shit and butthurt.

and on top of that bitcoin price was $450-$380 ish back then and this FUD caused a nice dip that i clearly remember buying at, and we can see how this "supposedly dead" thing is thriving at $1000+ price and is getting adopted all over the world.

each day we hear another good news about a new country or a new big service adopting bitcoin. these days the Africa is the top news.

lordquanta

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* It is better to lock this thread as the basis on which this thread started is long gone.
* If you wish start thread about Mike's actions.

beerlover

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What are crypto background for washington post to say that ? Moreover this is not the first time, some outside media shout about bitcoin.

I never bother about this types of FUD, since bitcoin's introduction, it is keeping face these. But bitcoin already started flying among these, maybe they alone indirectly promoting bitcoin system intensively ?

hase0278

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The post was made january last year and I think this was just a FUD by Mike Hearn that time to make people dump all the coins they got. Also, if bitcoin were really dead by that time, why would we still be here? while someone is still using bitcoin for payment and transactions it would not die. It would also not die easily even if it dumps, and we have seen that many times already. Because of this, I have answered no in the poll.

HabBear

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Shit, sorry all. I missed the year on that article. If I'd seen it as a 2016....November, let alone January, I would not have posted this. Old news for sure.

BUT...the news about Mike Hearn is true, and if he bailed a year ago and we are where we are today, do you think he bailed foolishly? The poll still stands.

Junko

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The Washington Post also said Trump would lose and Hillary would win. Womp, womp, womp, WOOOMMMP.

CyberKuro

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Quote from: LeGaulois on February 18, 2017, 10:06:26 PM

Quote from: alyssa85 on February 18, 2017, 08:05:38 PM

The date of that article is Jan 19th 2016.

In other words more than 1 year ago, when the bitcoin price was about $300 and people were getting excited about ether (this was before the infamous DAO hack).

It's old news, people.

OMG, you're right. Why the OP wasted his time to post an old news from WP....

Wasting time to read all those negative tagged without any proof to bitcoin, to spread FUD (back) in the past?
That's right, OLD NEWS, and they have proven themselves as "false". The market of bitcoin keep on rising since then.
Community won't fail as they have worked together since the first time bitcoin was launched. Once again, users whose support bitcoin which makes it worth, as we believe in bitcoin better than conventional financial system.

LeGaulois

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Quote from: alyssa85 on February 18, 2017, 08:05:38 PM

The date of that article is Jan 19th 2016.

In other words more than 1 year ago, when the bitcoin price was about $300 and people were getting excited about ether (this was before the infamous DAO hack).

It's old news, people.

OMG, you're right. Why the OP wasted his time to post an old news from WP....

wxa7115

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Bitcoin is GOD

Quote from: HabBear on February 18, 2017, 04:26:12 PM

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws. It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

Do you think the creator of that article actually believes what he is writing, he is being paid to write such an article or is he really that dumb? It seems he is unable to see anything beyond his own nose, bitcoin was created on purpose as an unregulated coin that could offer some degree of anonymity, that was the whole idea.

Lucas*

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i don't agree with this article ! the market says otherwise, in this period the price of bitcoin still rising , we can't trust all things that writed in newspapers and Articles , there are many rumors and Fake article . i believe in Bitcoin now and in the future .

Topic: Are you with Mike Hearn? Has Bitcoin failed? Is it Dead - page 2. (Read 2217 times)