Topic: "Bitcoin is Dead" - Mike Hearn - page 20. (Read 17638 times)
Why did he have to exit the Bitcoin space with so much drama? Surely he must have had some underhanded motives to undermine it before leaving.
Like Bram Cohen has said, "It's one whiny ragequit." He's employed by R3, he can quit anytime.
Again a great joke from someone who is changing the side. Two words - well played mr. Hearn. Do you really believe on this? The smartest people of the world who create the miracle algoritm will forget a little details about blockchain mb. Ridiculous ... So firends we have nothing more to do 
. You must know one. The bitcoin system is a revoult as a counter of the existing money, bank and etc system, where six or seven "powerful guys" think ok today we will create another thousand dollars. They are triyng to stop bitcoin miracle or to control it.
IT IS TIME FOR BUYING - not for selling now. Because when this little game end it will remain only one scary story about a mercenery tried to kill technical revolution and of course he failed. If you want to make some fortune. Buy, buy and only buy
Best Regards: Emil Samsarov, Bulgaria
. You must know one. The bitcoin system is a revoult as a counter of the existing money, bank and etc system, where six or seven "powerful guys" think ok today we will create another thousand dollars. They are triyng to stop bitcoin miracle or to control it.IT IS TIME FOR BUYING - not for selling now. Because when this little game end it will remain only one scary story about a mercenery tried to kill technical revolution and of course he failed. If you want to make some fortune. Buy, buy and only buy
Best Regards: Emil Samsarov, Bulgaria
The price has dropped already by $100 overnight. Whatever is going on I think it's a mission accomplished for the perpetrators. Now it's best to sit back and enjoy the show as people already mentioned here.
I don't get it.
Why is everyone ignoring the China problem?
Would it be a problem if most of the miners were in the US, Japan, Germany, France, and the UK?That still does not add up to nearly the population of China. Stop being racist, people.
Why is everyone ignoring the China problem?
Would it be a problem if most of the miners were in the US, Japan, Germany, France, and the UK?That still does not add up to nearly the population of China. Stop being racist, people.
Why did he have to exit the Bitcoin space with so much drama? Surely he must have had some underhanded motives to undermine it before leaving.
Or maybe it's because he worked on it for 5 years, has emotional attachment to this project, and really hope that through this, he can at least help a little bit in changing the situation and possibly even help rescue bitcoin...?
Why did he have to exit the Bitcoin space with so much drama? Surely he must have had some underhanded motives to undermine it before leaving.
Why is everyone ignoring the China problem?
what problem? supposedly mining centralization? it's not a problem, until one single entity buy all the miners and be in control of allt he farms
problem related to their farewall blocking incoming connections? they can always relay on some proxy, i doubt the government can block eveyrthing there
and there is always the satellite way if really needed, in the future
Why is everyone ignoring the China problem?
30% down now after Chines selling... Just wait for this morning now. Even more
Bitcoin is definitely not dead. Bitcoin is only just starting up, how can you declare it dead just like that. The price is going to rise soon. 
Only after we implement a scalability solution.
The market has spoken.
Agreed that a solution is needed. Somewhere there must be a reasonable answer to this forkin' mess, but what is it?
Core, or whoever makes the best solution as determined by both the users and the miners, has to man up, work together, and make sure that the blockchain won't be measured in terabytes in the future.
One way I can see groups working together is through merging protocol types and finding a way to give everyone what they want. This could be like making the wallets condensed and cache versions of the blockchain, giving nodes a capped protocol to make node ownership accessible for everyday users, and leaving the blockchain overall uncapped so that it can run its course on what we have right now.
I obviously think that this is easier to implement than it actually is, but it is just an idea that someone might be able to build off of.
Bitcoin is definitely not dead. Bitcoin is only just starting up, how can you declare it dead just like that. The price is going to rise soon.
Only after we implement a scalability solution.
The market has spoken.
Agreed that a solution is needed. Somewhere there must be a reasonable answer to this forkin' mess, but what is it?
not after a big loss. the chinese had a big sell off. when Europe wakes up it will happen again...
Here is what Mr. Hearn did recently, the timeline:
1. Mr. Hearn ensured the job at R3, the leader of international banking consortium, established to disrupt Bitcoin. The banks and financial institutions of the consortium collectively control trillions of dollars.
2. Mr. Hearn sold his coins.
3. Mr. Hearn published the "The resolution of the Bitcoin experiment" article, where he stated that "Bitcoin has failed".
Mr. Hearn currently is a new R3 employee, not a Bitcoin developer. If he, as he should be, is loyal to his employer, his new objective is to damage Bitcoin.
From this perspective his actions make perfect sense.
This is the truth, Mike crazy, hope he never don't come back, bitcoin will pull through , 1. Mr. Hearn ensured the job at R3, the leader of international banking consortium, established to disrupt Bitcoin. The banks and financial institutions of the consortium collectively control trillions of dollars.
2. Mr. Hearn sold his coins.
3. Mr. Hearn published the "The resolution of the Bitcoin experiment" article, where he stated that "Bitcoin has failed".
Mr. Hearn currently is a new R3 employee, not a Bitcoin developer. If he, as he should be, is loyal to his employer, his new objective is to damage Bitcoin.
From this perspective his actions make perfect sense.
Bitcoin is apparently 'dead', but it's market cap is sitting at well over 5 billion USD right now.
If this is what being 'dead' is like, then I'd say being 'dead' is a relatively good place to be.
If this is what being 'dead' is like, then I'd say being 'dead' is a relatively good place to be.
Mike Hearn, one of the people who actually has been ACTIVELY working on bitcoin for years and understands the code
Under the assumption Hearn understands Bitcoin's code, we must conclude he was intentionally lying when he wrote 0conf double spending was somehow uniquely enabled by RBF.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Bitcoin is definitely not dead. Bitcoin is only just starting up, how can you declare it dead just like that. The price is going to rise soon.
Only after we implement a scalability solution.
The market has spoken.
Bitcoin is definitely not dead. Bitcoin is only just starting up, how can you declare it dead just like that. The price is going to rise soon.
Mike Hearn, one of the people who actually has been ACTIVELY working on bitcoin for years and understands the code, versus a bunch of random people on a forum with no qualifications whatsoever hmm... I wonder who I should listen to.
Yes, that is appealing to authority a bit, but in this case, I think that is the logical thing to do. It seems fishy how many people on this forum supports not increasing the blocksize.
I look at other sources, sources from people who actually know their stuff and have actually pushed along technology and innovation in the past 2 decades through start ups and venture funding, and guess what, their attitude is completely different from random people online.
http://avc.com/2016/01/bitcoin-is-dead-long-live-bitcoin/#disqus_thread
That is but one example.
Honestly my understanding of computer science, technology and economics is pitiful. I don't know what to make of the current situation myself, I'm simply not knowledgeable enough to give any sort of vague prediction. But neither do the vast majority of posters here.
Yes, that is appealing to authority a bit, but in this case, I think that is the logical thing to do. It seems fishy how many people on this forum supports not increasing the blocksize.
I look at other sources, sources from people who actually know their stuff and have actually pushed along technology and innovation in the past 2 decades through start ups and venture funding, and guess what, their attitude is completely different from random people online.
http://avc.com/2016/01/bitcoin-is-dead-long-live-bitcoin/#disqus_thread
That is but one example.
Honestly my understanding of computer science, technology and economics is pitiful. I don't know what to make of the current situation myself, I'm simply not knowledgeable enough to give any sort of vague prediction. But neither do the vast majority of posters here.
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