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Topic: Washington Post: 'R.I.P. Bitcoin. It’s time to move on' - page 4. (Read 5611 times)

sr. member
Activity: 812
Merit: 250
I here want to comment on the title of this post the "RIP Bitcoin".
If I may believe the title is true as well. Evidenced by the current lag bitcoin prices plummeted and there was no increase at all. If the left and did not overcome my fear that someday that bitcoin has no value if it has decreased continuously. If it can overcome the death of bitcoin bitcoin will not occur and would develop. Hopefully next month bitcoin will be increased and will continue to meningat that bitcoin is not dead. Many people who support terutapa bitcoin users, it would be a pity if bitcoin replaced.
hero member
Activity: 714
Merit: 528
Just let them and their FUD bullshit spitting words out of it
Haters gonna hate Tongue

Funny how they say bitcoin is dead while it's only going down like $40 Tongue
The quality of this news is bad, is this how people at Washington post made their news ?
Tongue
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
So much FUD in one article it's disgusting

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity, so it rapidly became a haven for drug dealers and anarchists. Its price fluctuated wildly, allowing for crazy speculation. And, with the majority of Bitcoin being owned by the small group that started promoting it, it has been compared to a Ponzi scheme."

Fuck this guy and his bullshit reporting.
Yep, I'll agree with the part I bolded, and I have no problem with either one of those things even though I'm neither a drug dealer nor an anarchist.  Drug dealers and anarchists also use cash by the way, and I do believe cash was the first haven for both populations.
legendary
Activity: 1162
Merit: 1001
So much FUD in one article it's disgusting

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity, so it rapidly became a haven for drug dealers and anarchists. Its price fluctuated wildly, allowing for crazy speculation. And, with the majority of Bitcoin being owned by the small group that started promoting it, it has been compared to a Ponzi scheme."

Fuck this guy and his bullshit reporting.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
I just wish some author from a major news site would take the time to research bitcoin before making false claims and give an unbiased story about bitcoin, whether it shows the true flaws and true potentials... but of course that isn't going to happen for a long time, because main news outlets gain viewers by giving very biased opinions on controversial matters.

There are no unbiased writers. Their opinions tend to side with their paymasters.

While employed at Credit Suisse First Boston, the banking firm invested over $150 million dollars on a project Vivek Wadhwa was working on.
legendary
Activity: 1316
Merit: 1004
Notice the article never actually decides on just why Bitcoin is dead. It throws out a random and sometimes incoherent list of attacks on bitcoin, and demands readers accept that conclusion. (The comment about the People's Army controlling bitcoin is just precious - something that is about as sensible as the Washington Post publishing an article seriously claiming that flying monkeys were massing to invade Iran. I'd like to see the author try to defend whatever it was he was thinking on that point.)

I love how they claim bitcoin is dead because it faces growing challenges. But why can't it survive indefinitely as a kind of digital gold (accepting the low transaction limit)? And do they not understand that a core strength of bitcoin is that it is software, able to be redesigned and updated as needed?

The "civil war" is not a problem but a virtue of bitcoin - it shows that people are closely studying proposed changes and arguing it out to ensure that we end up with the best possible result. That's better than a less contentious method that allows errors to be enacted and maintained (ala central bank decisions).



Yeah, I read this article earlier today... and they seemed to make a bunch of claims about bitcoin, which they assume to be FACT without a reasonable doubt.  They try to give viewers a sense of what Bitcoin is, and basically says that it is an anonymous coin that is only used by criminals on the dark web.  This has been the main argument against bitcoin ever sense Silk Road gained traction.  But the reality of it should be the opposite.

I mean sure, people use it all the time on the dark web for drugs and illegal activities... but to say that this coin is a completely anonymous and criminal "ponzi scheme" is really a rush to judgement from the author.  It's not even anonymous, but more a public ledger that everyone can track every coin since the birth of bitcoin. 

I just wish some author from a major news site would take the time to research bitcoin before making false claims and give an unbiased story about bitcoin, whether it shows the true flaws and true potentials... but of course that isn't going to happen for a long time, because main news outlets gain viewers by giving very biased opinions on controversial matters.
newbie
Activity: 42
Merit: 0
If I had a bitcoin for every time I heard or read something about its demise, well I would have a lot of bitcoins. Smiley Guess time will tell, but seeing the rather mild dip in price attributed to the news it seems most people are taking it pretty well.

I've never seen incoming like this, this amount of orchestrated negative coverage is unprecedented. ...

http://s24.postimg.org/hba8qcrlx/neigh.jpg

Why can't they just leave our bitcoin alone Cry
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
If I had a bitcoin for every time I heard or read something about its demise, well I would have a lot of bitcoins. Smiley Guess time will tell, but seeing the rather mild dip in price attributed to the news it seems most people are taking it pretty well.

I've never seen incoming like this, this amount of orchestrated negative coverage is unprecedented. The best way to combat this would be for core to make an announcement and roll out 2MB blocks in the next release candidate. The blocksize was never intended to be a consensus rule anyway.
legendary
Activity: 1078
Merit: 1011
If I had a bitcoin for every time I heard or read something about its demise, well I would have a lot of bitcoins. Smiley Guess time will tell, but seeing the rather mild dip in price attributed to the news it seems most people are taking it pretty well.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
Even if it is a bullshit article, it will definitely have an effect on price and sales  Sad bad for Bitcoin in any case, although it will most likely survive.

I am counting on that.
newbie
Activity: 42
Merit: 0
Interesting!  But as I write this, bitcoin is at $386.30

$378 for me Sad
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
Interesting!  But as I write this, bitcoin is at $386.30, and that means it's not dead and there are plenty of folks who are keeping it alive.  It doesn't surprise me in the least that the MSM is playing it like this, and it's why I don't watch TV or watch news anymore.  Too much false drama.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
just in case you didn't read the other thread, this same author described bitcoin as "one of the 6 technologies which will change the world"  a mere 22 days ago.  I smell clickbait.
https://www.washingtonpost.com/news/innovations/wp/2015/12/28/2015-was-a-tipping-point-for-six-technologies-which-will-change-the-world/

Whenever you see a BS article like this, just look under the hood and you'll always find a banking connection.

While employed at Credit Suisse First Boston, the banking firm invested over $150 million dollars on a project Vivek Wadhwa was working on. Most likely this article is in repayment for a favor he received at some point. The banks are going to hammer on bitcoin now, try to fragment the community, and proceed with their plans to co-opt the currency.

https://en.wikipedia.org/wiki/Vivek_Wadhwa

It's important to understand, the banks see bitcoin as a threat to their monopoly. And they aren't going to sit around and lose that power without a fight.
hero member
Activity: 756
Merit: 500
Just more hilarity from the mainstream media.  Bravo Washington Post, I did not know you had a time machine, or were hiring time travelers.  What they don't know, or are trying to NOT know, is that it is a broad solution for currency in the future.  Lets not forget about the beloved blockchain.
full member
Activity: 169
Merit: 100
just in case you didn't read the other thread, this same author described bitcoin as "one of the 6 technologies which will change the world"  a mere 22 days ago.  I smell clickbait.
https://www.washingtonpost.com/news/innovations/wp/2015/12/28/2015-was-a-tipping-point-for-six-technologies-which-will-change-the-world/
legendary
Activity: 1470
Merit: 1004
Washington Post is quite often told stupid things. So, who cares? BTW if the Chinese miners start to commit suicide en mass and the buy side will be empty on all major exchanges then I might believe in the end of bitcoin.

you should count that the volumes are fake. all the exchangers have fake volumes(more than 50% are fake just to attract more customers who will think"hey, this exchanger has a lot of transaction. it should be good" )

sr. member
Activity: 308
Merit: 250
Full on FUD attack right now.  6 months to halving.  Coincidence?
I would call this nice try!
legendary
Activity: 1512
Merit: 1000
Washington Post is quite often told stupid things. So, who cares? BTW if the Chinese miners start to commit suicide en mass and the buy side will be empty on all major exchanges then I might believe in the end of bitcoin.
full member
Activity: 134
Merit: 100
Crypto swag
Bitcoin will have a million more deaths along its journey.
full member
Activity: 140
Merit: 100
This kind of anti Bitcoin posts are sort of expected, anything negative and they will jump on.
yeah now every day  you hear someone wrote or sad that Bitcoin is dying i rhink the only way bitcoin dies is that all of bitcoin users stop using it
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