What he wrote is mostly manipulative propaganda and lies. The answer to your question is no. Bitcoin is doing fine and is better off without such immature people like Hearn. He was unable to get his way with XT and so he decides to backstab everyone how lovely.
But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.
Good point, he did quit is job at Google to work full time bitcoin development...
That's not a good point. What did you expect is going to happen when you advocate blacklisting? He deserved much worse than what the community threw at him and now he has proven it.
even though Mike left from the bitcoin development, i don't really see the reason of bitcoin price crashing.
in case of that, we would be in urgent about the bitcoin price, if we could not save bitcoin from crashing, then bitcoin would not have a brighter future. and i don't wanna leave bitcoin for this.
New York Times
picked up on thecoordinated in the creation of the story (this is highly likely) in addition to the Cryptsy fiasco. Bitcoin will not crash because of this, obviously this is going to negatively reflect on the price (as it already is).
Update: Corrections to the post.