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Topic: As Mike Hearn gave up on Bitcoin, is Bitcoin dead/will die as he said ? (Read 3026 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
I remember when Mike Hearn made that statement well Bitcoin didn't die but the developer drama still continues unfortunately.
On the bright side at least Bitcoin is still appreciating in price.
legendary
Activity: 2114
Merit: 1015
He will be back. The Core parasites will be kicked out from the community. Mike quitted the SegWitCoin not Bitcoin. Only back then we were confused and thought that SegWit had something to do with Bitcoin. Now we know that SegWitCoin is an altcoin and true Bitcoin is the one with the longest POW chain.
sr. member
Activity: 1666
Merit: 276
I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day.

and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range Cool
: As Mike Hearn gave up on Bitcoin, is Bitcoin dead/will die as he said ?
Today at 02:48:04 AM
  #38
I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day.

and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range
This is an expectation of most of the users. The reason is that now people are very confident that the price will bounce back even if the value drops. Also it has got the potential to overcome all obstacles and negativity that was put forth by experts in the past. So now more users expect an dip to invest big.
full member
Activity: 210
Merit: 100
Comprehensive Blockchain Billing Protocol
I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day.

and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range Cool
: As Mike Hearn gave up on Bitcoin, is Bitcoin dead/will die as he said ?
Today at 02:48:04 AM
  #38
I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day.

and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day.

and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range Cool
hero member
Activity: 798
Merit: 1000
Seeing that there are lots of other developers here https://bitcoin.org/en/development, it should not affect directly the bitcoin if an employee left, personally i think that the price will get back shortly.
full member
Activity: 182
Merit: 107
you guy have still your mind set too much centralized, who is playing behind the scene in bitcoin does not count anything
Commit rights for bitcoin core is centralised, which is obviously necessary but also part of the problem.

It would be a problem if it wasn't centralized.

The biggest weakness of bitcoin is the power consumption of mining. Bitcoin depends upon cheap energy.
sr. member
Activity: 420
Merit: 251
Moon?
Yawn. Still hodling.
hero member
Activity: 1022
Merit: 538
I hope that Bitcoin doesn't die, I hope Mike Hearn does though. He is an asshole and he is spreading rumours about Bitcoin.
full member
Activity: 182
Merit: 107
Wtf, someone's deleting all pro-Mike posts here? If you ask me, he is completely right. Bitcoin is going nowhere with small blocks and RBF.

No one thinks the issue doesn't need to be addressed AFAIK. It's just his solution isn't what there was consensus to adopt.

I decided not to use the xt client because when I looked at the issue, there was still time to look at potential alternate solutions which to me seemed smarter than being locked into one solution by adopting it before it was critical to do so.

Maybe his solution is the right one, I can't say. But I can say that the time to adopt it wasn't here when xt was being pushed.
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
Wtf, someone's deleting all pro-Mike posts here? If you ask me, he is completely right. Bitcoin is going nowhere with small blocks and RBF.
sr. member
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!

for better or for worse as long as' we speak, its good for btc.  bitcoin is not dead and will not going to die
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I think Bitcoin can live without Mike Hearn, the question is if he can live without Bitcoin.
Taking into account his recent activity, the answer is: no!
I also don't think it will harm Bitcoin by any mean. Rather looks to me like news played by someone who wants to accumulate cheaper.

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Hello,

As you can read from this URL (https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.mu7gne8ca), Mike Hearn: "I will no longer be taking part in Bitcoin development and have sold all my coins".

Is really Bitcoin dead/will die as he said ?

Is Bitcoin's future dependable on him ?

Thanks.

No, but RBF which he mentioned seems like a useless addition to me.
https://99bitcoins.com/conspiracy-against-instant-bitcoin-transactions-rbf-cpfp-and-scorched-earth/
legendary
Activity: 889
Merit: 1013
you guy have still your mind set too much centralized, who is playing behind the scene in bitcoin does not count anything
Commit rights for bitcoin core is centralised, which is obviously necessary but also part of the problem.
legendary
Activity: 3248
Merit: 1070
why it should matter, bitcoin is decentralized, based on consensus, any dev is a good dev, no matter who he is there is no ceo of bitcoin

you guy have still your mind set too much centralized, who is playing behind the scene in bitcoin does not count anything
full member
Activity: 210
Merit: 100
Artificial scarcity generates greed, greed attracts narrow-minded fiends whose only relation with the project is emotional. These fiends don't care about developing an open-sourced monetary system, that would truly be practical. The only thing they care about is keeping value in their artificially scarce currency units. They are not about changing the world by creating a monetary system that would be transparent and without central control. They are all about leaving the financial ideology as it is, and only putting themselves in the place of the "wealthy elite/leeches on others back".

The problem is that they know how fragile the bitcoin market really is. They know that it is thin, and their hoarded coins would quickly lose value in the sign of any uncertainty. So they are extremely sensitive to any ideas of change, because change also brings risk of temporal market uncertainty. This fear keeps everything stagnant with bitcoin and the only hope to see some technical development in the field is from new alts that are not held back by this fear yet.

Eventually the progressive thinking people will abandon supporting the project, because this level of stagnation is torture for them in this dynamic field of crypotocurrencies. The religious thinking "true believers" will stay behind in their isolated little communities, hissing "my precious!!!" and fueling each others illusions of gaining easy riches without work or skill. Greed and fear will only become bigger parts of bitcoin in the future.


What are your accounts I wanna read all of them
full member
Activity: 182
Merit: 101
I'm sad about the censorship. How can an open project be open, if most important communication channels are censored.
full member
Activity: 210
Merit: 100
Artificial scarcity generates greed, greed attracts narrow-minded fiends whose only relation with the project is emotional. These fiends don't care about developing an open-sourced monetary system, that would truly be practical. The only thing they care about is keeping value in their artificially scarce currency units. They are not about changing the world by creating a monetary system that would be transparent and without central control. They are all about leaving the financial ideology as it is, and only putting themselves in the place of the "wealthy elite/leeches on others back".

The problem is that they know how fragile the bitcoin market really is. They know that it is thin, and their hoarded coins would quickly lose value in the sign of any uncertainty. So they are extremely sensitive to any ideas of change, because change also brings risk of temporal market uncertainty. This fear keeps everything stagnant with bitcoin and the only hope to see some technical development in the field is from new alts that are not held back by this fear yet.

Eventually the progressive thinking people will abandon supporting the project, because this level of stagnation is torture for them in this dynamic field of crypotocurrencies. The religious thinking "true believers" will stay behind in their isolated little communities, hissing "my precious!!!" and fueling each others illusions of gaining easy riches without work or skill. Greed and fear will only become bigger parts of bitcoin in the future.

Wait good read but is this pro Hern or negative?


Edit: also I think your illuminati or some kind of black swan person
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