"Bitcoin is Dead" - Mike Hearn - page 16.

Amph

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Quote from: hitchingAride on January 20, 2016, 01:43:53 PM

What is the scalability issue with Bitcoin and the block size I am a bit of a newb and don't understand exactly what the issue is with Bitcoin and Bitcoin XT.

there are some con to capacity increase, due to bandwidth, higher fee, too long too listen in details, read this http://bitcoin.stackexchange.com/questions/36085/what-are-the-arguments-for-and-against-the-increase-of-the-block-size-limit

certainly the argument pro capacity are more important than those against and because of that we need it anyway, so it's pointless for them to waste time

in regard to bitcoin xt, see it an altcoin, because they were implementing stuff that was not related to the capacity issue and instead was against bitcoin rules, ip tracking for example

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What is the scalability issue with Bitcoin and the block size I am a bit of a newb and don't understand exactly what the issue is with Bitcoin and Bitcoin XT.

The Sceptical Chymist

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Quote from: dk8218 on January 15, 2016, 01:07:31 AM

wow! what a claim. bitcoin can't be dead so soon. no one can control it all. unless he will do unbelievable things over it. If he did He will be at war to all bitcoin users and believer.
I'm like part-time into bitcoin and I don't read a lot of news or a lot of anything, and I should. But I don't know who this guy is. Or why his opinion carries extra weight.

Asshole, you copy pasted part of my comment on the first page. Good job retard, it's been reported.

Anyhow it looks like the price of bitcoin has rallied quite a bit since Mr Hearn made his comments. Not bad! This is resilience and that's definitely a positive sign.

jt byte

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Quote from: nerFohanzo on January 20, 2016, 01:01:44 PM

Quote from: fuathan on January 20, 2016, 12:48:13 PM

Who said that, will eat their words soon. Cheesy

BTC hit the $410 price!..

BTC won't die in a couple of years. In your face Mike Hearn!.. Now shut the f**k up!..

Yeah, bitcoin is neither dead nor it will be dead in the coming years, bitcoin is rising and it will keep on rising small fluctuation cannot decide the future of bitcoin and it would definitely cross $500 mark in few months and that is the reason we are holding our bitcoins, and it is only dead for the people who don't have faith in bitcoins.

True if it was dead than bitcoin was at zero range already, but is not that is great that is going up.
Still that was a sad news, but still bitcoin is strong and we will see this year growing like in 2013.

I am hoping for that price that it goes to 1000 dollars.

nerFohanzo

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Quote from: fuathan on January 20, 2016, 12:48:13 PM

Who said that, will eat their words soon. Cheesy

BTC hit the $410 price!..

BTC won't die in a couple of years. In your face Mike Hearn!.. Now shut the f**k up!..

Yeah, bitcoin is neither dead nor it will be dead in the coming years, bitcoin is rising and it will keep on rising small fluctuation cannot decide the future of bitcoin and it would definitely cross $500 mark in few months and that is the reason we are holding our bitcoins, and it is only dead for the people who don't have faith in bitcoins.

fuathan

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Aleph.im

Who said that, will eat their words soon. Cheesy

BTC hit the $410 price!..

BTC won't die in a couple of years. In your face Mike Hearn!.. Now shut the f**k up!..

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Quote from: PakistanHockeyfan on January 19, 2016, 10:34:38 PM

Bitcoin as of now is certainly not going to get out of the hundreds section. ...

Based on what?

~Bitcoin~

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Quote from: PakistanHockeyfan on January 19, 2016, 10:34:38 PM

Bitcoin as of now is certainly not going to get out of the hundreds section. I would be so much happier if that were the case, only because this way, we can find a way to control the rising and growing. For example, when it goes low its time to buy. When it's high, its time to sell. If Bitcoin just skyrockets to 400 million dollars one day and just keeps growing, it'll be hard for newcomers to adopt.

It will never skyrocket like that to 400 million in a day. It have taken almost 4-5 days last time on november to get double its price last year.

chennan

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Quote from: PakistanHockeyfan on January 19, 2016, 10:34:38 PM

Bitcoin as of now is certainly not going to get out of the hundreds section. I would be so much happier if that were the case, only because this way, we can find a way to control the rising and growing. For example, when it goes low its time to buy. When it's high, its time to sell. If Bitcoin just skyrockets to 400 million dollars one day and just keeps growing, it'll be hard for newcomers to adopt.

There is no real way of finding a way to "control" the growth of bitcoin. In that case, Bitcoin would have to be regulated which is not good... at least in my mind it's not. To have bitcoin "regulated" is saying that we essentially want the Central Banking system, but just with our new nerd toy. Bitcoin is awesome not because it can be transferred anywhere in the world instantaneously (and assuming you can wait a little bit for confirmations), but rather that it is not necessarily controlled by anyone. This is actually up for debate, because now we are having a problem with mining centralization, regardless if no one wants to talk about it or disregard it.

Also, if Bitcoin were to be worth a stupid figure like 400 mil, then there has obviously been an economic collapse of all fiat system and the world economy is in ruins. There will be no need to "cash out" into fiat, because you would essentially be cashing out for shit paper that can't buy anything.

PakistanHockeyfan

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Bitcoin as of now is certainly not going to get out of the hundreds section. I would be so much happier if that were the case, only because this way, we can find a way to control the rising and growing. For example, when it goes low its time to buy. When it's high, its time to sell. If Bitcoin just skyrockets to 400 million dollars one day and just keeps growing, it'll be hard for newcomers to adopt.

datz

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"to survive, we must live and fly"

Bitcoin is not dead unless you lie and say it is. If you lie, you die.

dk8218

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Not so..
This is just a bullshit..
He doesn't believe in bitcoin so he sold it and prices go down..
There is nothing like R.I.P to.bitcoin or.bitcoin is dead..
And it never can be..
Instead it's a good time to buy btc for cold storage or future usings for trading..

Infinitude

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Mike Hearns has recently been hired to work for a group of banks. No wonder he's trumpeting the death of bitcoin. The f**king whore!!

iefken

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Live by your own rules

You can say what you will, if he sold x bitcoins at 450 dollar each 1 week ago, and buys back in right now... Not sure what to put in the x, but if bitcoin is going up again, we have got atleast 1 person who benefited from his own statement/doing Wink

I've got no clue if he is going to (or already has) but yea, some media attention and you can earn some decent cash...
But as with everything: nothing is sure ofcourse...

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Quote from: MedaR on January 19, 2016, 04:47:34 AM

Every time someone says bitcoin is dead l made money so i would like to see bitcoin everyday died a little bit.
Bitcoin is 5 year old so he is now very strong l think..So don't worry!

shhhh don't talk so high or someone will ear you Tongue

That's exactly what some guys will never understand, bitcoin is like a younger boy, now people start to understand the potential of this technology, speculation about bitcoin is the "day by day" from those guys, but progress is inevitable.

Quote

Bitcoin is Dead

yes, but only in your dreams.

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Quote from: Amph on January 19, 2016, 06:36:21 AM

Quote from: futureofbitcoin on January 18, 2016, 11:27:18 PM

Quote from: Luqman on January 18, 2016, 10:54:33 PM

Quote from: rokkyroad on January 14, 2016, 11:01:46 PM

Hearn and Garzik are children. " If I can't have it, I'll break it so no one else can play with it."

All this drama is making the shitcoin of the week look good and we don't need that.

Agreed, they just kind of shit that want destroy bitcoin.

Do YOU think they can destroy bitcoin? No?

Well obviously, since even YOU realize that, these guys, who are clearly much smarter than YOU also realize that they're not gonna be able to destroy bitcoin with a blog post...

It's just stupid to think that that's their motive. It's much more likely that they want to bring the very real issues that exist to more people, and hope that it gets fixed eventually, somehow.

more like they are traing to manipulate the market with bad news, and buy cheap coins, i'm not believing in any of those crap anymore

everyone advocating the death of bitcoin was wrong as fuck

You are right it just manipulation and mike hearn him-self was hired by some big banks
Look here :
http://bitcoinist.net/the-war-on-bitcoin-has-only-just-begun-with-mike-hearn-leaving/

So i think the war just begun .

Amph

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Quote from: futureofbitcoin on January 18, 2016, 11:27:18 PM

Quote from: Luqman on January 18, 2016, 10:54:33 PM

Quote from: rokkyroad on January 14, 2016, 11:01:46 PM

Hearn and Garzik are children. " If I can't have it, I'll break it so no one else can play with it."

All this drama is making the shitcoin of the week look good and we don't need that.

Agreed, they just kind of shit that want destroy bitcoin.

Do YOU think they can destroy bitcoin? No?

Well obviously, since even YOU realize that, these guys, who are clearly much smarter than YOU also realize that they're not gonna be able to destroy bitcoin with a blog post...

It's just stupid to think that that's their motive. It's much more likely that they want to bring the very real issues that exist to more people, and hope that it gets fixed eventually, somehow.

more like they are trying to manipulate the market with bad news, and buy cheap coins, i'm not believing in any of those crap anymore

everyone advocating the death of bitcoin was wrong as fuck

Luqman

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Quote from: futureofbitcoin on January 18, 2016, 11:27:18 PM

Quote from: Luqman on January 18, 2016, 10:54:33 PM

Quote from: rokkyroad on January 14, 2016, 11:01:46 PM

Hearn and Garzik are children. " If I can't have it, I'll break it so no one else can play with it."

All this drama is making the shitcoin of the week look good and we don't need that.

Agreed, they just kind of shit that want destroy bitcoin.

Do YOU think they can destroy bitcoin? No?

Well obviously, since even YOU realize that, these guys, who are clearly much smarter than YOU also realize that they're not gonna be able to destroy bitcoin with a blog post...

It's just stupid to think that that's their motive. It's much more likely that they want to bring the very real issues that exist to more people, and hope that it gets fixed eventually, somehow.

Hold on mate, I'm not said that they can destroy bitcoin but they WANT to destroy bitcoin by saying this shit.

MedaR

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Every time someone says bitcoin is dead l made money so i would like to see bitcoin everyday died a little bit.
Bitcoin is 5 year old so he is now very strong l think..So don't worry!

rokkyroad

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Quote

But to just brush him off as a "joker" who wrote what he did in an effort to "destroy" bitcoin is I think very silly, and not good for bitcoin.

That's a fair statement.

We need to be pissed at those who reacted to Hearn and dumped their FFNN bitcoins Angry

Topic: "Bitcoin is Dead" - Mike Hearn - page 16. (Read 17648 times)