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Topic: Are you with Mike Hearn? Has Bitcoin failed? Is it Dead - page 3. (Read 2217 times)

legendary
Activity: 1652
Merit: 1088
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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.
hero member
Activity: 2912
Merit: 541
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i am sure that in out there, many negative news about bitcoin and we know that but i think its because they don't know the true about bitcoin so they can say like that. but if they know what is bitcoin, i am sure that they will not say negative point especially they made an article like that which is read by many people.
hero member
Activity: 644
Merit: 500
many people icn comment this thread is hate and not believe bitcoin, negative comment
so is you not believe and negative comment why youre still find bitcoin

if you believe bitcoin, is good youre postive comment not attack comment, about article in washington post
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Bitcoin is the zombie that keeps on living and giving. How many times bitcoin needs to die in order for these FUDsters to stop lol. Typical anti-bitcoin dudes paid by the government and banks to spread misinformation. The best part of the article is when bitcoin lost a 10% of its value, because of that 'it's dead'.

This article made me cringe.
legendary
Activity: 1372
Merit: 1252
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
Typical anti bitcoin propaganda from state issued banksters. Don't get it twisted, they will sooner or later pay. I can't wait for all those idiots that push this FUD propaganda to realize their mistake once we are flying at $10,000+ per BTC and those guys will be either regretting or committing suicide in insurmountable regret. Either way, no mercy with those bastards. We will win.
copper member
Activity: 2940
Merit: 4101
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OH dear Washington Post, bitcoin is dead again ? Bitcoin is dead every month with those medias, rip bitcoin or rip the Washington Post i should say. This the only way now those sites get traffic, posting controversial topics, fake news, misleading stories, ect. For 500 visits, they are reading to publish an article saying theirs parents died last night and how it will impact their writting and bla bla bla. The funny thing is for money you can make them publish an article telling the total opposite and how bitcoin is great ect.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
Washington post? Fake news? I've lost any respect for them, and they're not the first nor the last to say this, and it's the same things all over again.
legendary
Activity: 3458
Merit: 6948
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Fighting for survival?  Er, the market says otherwise.

I really hate most financial and business journalism, much like when the media reports on drugs and science.  They tend to mess everything up.  But with business it's so much worse.  The same bunch of cliches get repeated ad nauseam.  Not surprised they know absolutely nothing about bitcoin.
full member
Activity: 207
Merit: 100
These sort of FUD threads should be trashed .I do not even want to read the stuff that is full of rumors ,Wait a minute are you serious this is a really old post .Just look at the date you dumb.It is published on January 2016.
sr. member
Activity: 364
Merit: 250
Why would they declare it dead when the price is on par with gold? Well almost there. Embarrassed
If it was at $240 as if was 2 years ago abouts when I starting buying some then I can see this major news publication putting this story on their website.
This is like those fake news articles that Trump keeps talking about trying to defamate bitcoin's reputation to drive the price down?
full member
Activity: 210
Merit: 100
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
What a bunch of bullshit that article is...
Quote
"Now the cryptocurrency is fighting for survival."
Not really, bitcoin is stronger than ever with a growing community.
Quote
"The price of Bitcoin fell 10 percent in a single day on the news, a sad result for those who are losing money on it."
Except that these kind of swings have been normal for bitcoin during it's entire existence...
Quote
In Venezuela, citizens wishing to buy anything of value on supermarket shelves wait all day in lines to do so, because hyperinflation causes the paper currencies in their pockets to lose significant value every day.
Which is exactly why these kind of people invest in bitcoin, it's their safe haven as their own currency is losing all of it's value.
Quote
"It was unregulated and provided anonymity, so it rapidly became a haven for drug dealers and anarchists."
Being unregulated and anonymous, was the reason bitcoin was created. To be independent from regulated currencies, governments and tracking. Drug dealers and anarchists make up maybe 5% or less of bitcoins total use. It is basically same as using fiat currency, except it is much safer for all parties. It has not increased the usage of drugs.

tl;dr The article says that bitcoin is now dead and cannot be repaired, and a regulated government-controlled currency would do the job much better
hero member
Activity: 1106
Merit: 637
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
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