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Topic: Mike Hearn needs to make a full public apology (Read 3738 times)

member
Activity: 65
Merit: 10
I would like to thank Mike Hearn. Without his comments, the price would not consolidate for such long time.
hero member
Activity: 896
Merit: 1000
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Mike Hearn did affect the market a lot, but I believe it will recover just fine in a little time.
Sad to know that it dropped so much in only a day.

I don't feel he has to make an apology. He shared his vision towards bitcoin and left.
End of story. Know bitcoin and it's community and he can go their own seperate ways.
sr. member
Activity: 350
Merit: 250
Mike Hearn did affect the market a lot, but I believe it will recover just fine in a little time.
Sad to know that it dropped so much in only a day.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.
New people buying Bitcoin are driven mainly by greed and possible gains that the Bitcoin may achieve.
They forget that the volatility is a two-sided blade that may hurt you, if you are on the wrong side at the wrong time.
full member
Activity: 238
Merit: 100
No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.

well he does need to apology, he wanted to create panic so price would fall and he could buy bitcoins for small price, lots of people that trusted bitcoin had to sell it because price dropped really low and really fast so they thought that bitcoin will die
well, we cant say that he wanted to create panic as he seems to have told his own opinion and he did not tell anyone to avoid it

i dont think he needs to apologize but it would definitely be a good thing as people would be more confident about buying more btc
hero member
Activity: 658
Merit: 500
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No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.

well he does need to apology, he wanted to create panic so price would fall and he could buy bitcoins for small price, lots of people that trusted bitcoin had to sell it because price dropped really low and really fast so they thought that bitcoin will die
full member
Activity: 125
Merit: 100
No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.
member
Activity: 119
Merit: 100
Well in fact, best thing to do was to sell at that moment and buy some dollars lower  Grin. Probably much of the selling was due to that: people who knew panic will come and chosed to sell and rebuy at a lower price.
sr. member
Activity: 434
Merit: 250
Streamity Decentralized cryptocurrency exchange
No he doesn't.

He's not responsible for ignorant, naive people who believe everything they hear and sell quickly.

Let me ask you: if you Walmart, Target, Amazon and Microsoft all said Bitcoin was dangerous and to stop buying, causing people to lose money, should they apologize? No. Whether they were doing that to manipulate the economy doesn't matter. What matters is that you fell for his tricks and deception and sold when you shouldn't have. Accept it and move on.

Bear in mind that when you own a share, the price will go up or down. Doesn't matter what the price is now you can always wait for it to go up again. Remember, you have not lost anything unless you have sold. If you sell, then you've lost. If you wait for the price to go up, sell and make a profit, you still won.
sr. member
Activity: 252
Merit: 250
Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

he really needs to, because he was so dumb talking all that crap, people really lost a lot of their money, he created a huge panic wave probably just to buy bitcoins cheap for himself, but atleast 1 good thing is that people won't trust him and what he says anymore
legendary
Activity: 3192
Merit: 1213
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I doubt that he have been paid to say that line in order to make them allow to buy more bitcoin.

One who has been much attached to particular thing won't give statements for money. He was there from the early days as well during most hard times of bitcoins. This finds to be his statement which has been made a false statement by the growing bitcoin technology.
member
Activity: 112
Merit: 10
If one guy making a negative comment drops the price that much maybe we should be concerned about the longivity of bitcoin.

However, IMO its not so much what he said as just a shift in opinion that the devs can't agree on anything
full member
Activity: 140
Merit: 100
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I doubt that he have been paid to say that line in order to make them allow to buy more bitcoin.
member
Activity: 65
Merit: 10
mike hearn still lurks around.

Yes. He is still online today. But he has not posted since September 2015. He wants to know about the forum.
legendary
Activity: 2856
Merit: 1518
Bitcoin Legal Tender Countries: 2 of 206
mike hearn still lurks around.
legendary
Activity: 1106
Merit: 1007
Hide your women
Mike Hearn told the truth as he saw it. So far, he has proven correct. Governance is FUBAR.
member
Activity: 65
Merit: 10
He's not going to apologise and this is probably secretly what he wanted.

I dont think there is much of a "secret" about it. Its not a conspiracy or anything, its just really hard to assume that he had no idea about short/midterm consequences of his actions. Unless he is really just a butthurt manchild who performed a ragequit without much of a backthought.

Mike Hearn's blog post is the absolute perfect example of a raging narcissist throwing a fit. His post will go down in time as one of the stupidest acts made by someone with his intelligence and influence. We will be reading and laughing about him for decades to come.

We will be reading and laughing about him for decades to come.

He has some points. I believe the bitcoin block size will rise soon to at least 2MB. Otherwise, it will not be adopted widely.
legendary
Activity: 1232
Merit: 1091
Was it really because of him though. I have done some thinking and I don't think it is completely his fault. Other people have also said this.

The media here is writing about him as being one of the most important persons in Bitcoin. So it can be seen as being partly his fault. I say partly because people with common sense wouldn't value his word since he is working on getting rid of Bitcoin with his alternative project. All he say is done to harm Bitcoin.
hero member
Activity: 700
Merit: 501
No he doesn't need to apologize. Only the community is guilty of bitcoins current messy situation.

We have to stop scamming around and start working on making bitcoin work for the future.

What many of us are doing is just killing it, which also means killing your own investment.

Acknowledge existing issues and try to work on it instead of playing blame games and pump and dumps.
We want something to change the world for the better right?
How is centralizing nodes by raising the blocksize a good way to solve the situation? the blockstream guys are the ones trying to solve the scalable problem without fucking up decentralization in process. Get a grip.
sr. member
Activity: 378
Merit: 250
Was it really because of him though. I have done some thinking and I don't think it is completely his fault. Other people have also said this.
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