Bitcoin Forum

Did he have a few thousand coins thats roughly a few $100,000 USD

hes potentially lost and its going to be worse by the end of the

year

Who cares about him? He's pretty much out of the picture so just leave the guy alone and hope he'll do the same to us.

Well the whole point of him saying sell all your coins was really

a prediction, with the point being u can call him n idiot if hes

wrong, and he did get it shockingly wrong, it's one of those rare

predictions people with common sense dont usually make

and it also looks bad on his current employer, look wat kind

of dud prediction ur guy made and he actually put his name

to it and spread it all over the world. Not even a mention of

a get out of jail clause, like im not always wrong but when

I am i completely n utterly muff it

Mike Hearn = Dunce

He won a lot of money with bitcoin. He certainly didn't lose anything. But maybe you meant that he could have won more? Like #2 said, who cares? No one knows how many bitcoin he owned, so no one will be able to give you an answer. But yeah, most importantly: no one cares anyway.

R3CEV hires Dunces its a simple as that

u dont put ur name to something that

goes on the record as being WRONG

would cocacola do it? Hire someone that

appears in every newspaper saying no

one will drink pepsi in 3 months???

Its unprofessional and it looks stupid

 :D

nobody cares about him, and just so you know he didn't lose any money because he was being paid for those lies he was spreading. so it was only a win win scenario for him to say those things.

you really think that he didn't bought back at least 50%, after he caused on purpose a major dump, with his claim?

i think he has made more profit than simply holding them and waiting for the current value

Mike Hearn do not care about reputation and legacy, he would always be remembered as the Judas of Bitcoin. I would not be surprised, if he sold ANY coins at all, and are just waiting for the

price to rise, so that he can make a good profit. He is all about the money, and what he can get from the technology. I think of him as a Arms dealer, and one who would sell his soul to get his

hands on some money. These guys will be good conversation for him --> http://www.businesspundit.com/10-most-notorious-arms-dealers-in-modern-history/

I really don't like Mike Hearn but I think he isn't stupid.That's why I don't believe he ever had sold all his coins.
If he was smart enough, and I think he is, he bought back in or bought even more in the time of the dump.
Hearn is just following the money and he knows about Bitcoin's potential.

Well I wouldn't actually call him a failure because he did profit from all his coins. Rather, I'd call him pretty stupid for selling all his coins and saying that bitcoin is dying when clearly, it's even healthier than the past months.

Ego

I doubt he gives the slightest shit. He got a lot more by latching onto the corporate cock and suckling hard.

If you sell btc for fiat and btc goes up you don't lose money. you just lose out on an opportunity to make some more money, but you still are not losing.

If he sold for more than the price he bought at, then he made real profits. Paper profits don't actually count for much. How many people felt "rich" with their paper profits when BTC hit $1000, only to see it evaporate? At the end of the day realized profits are the only thing that count.

When he sold it was about 1/15/16 which is when he made the stupid "Bitcoin is dead comment". The price was around 435$, which means he has lost gains of 34.94 % at the current price of 587%. What an idiot. Not only he has lost the opportunity to see his wealth raise, but he killed any relevance he would have had left forever in the space. Good riddance.

selling all of bitcoin while the price is increasing is not a good idea. besides, halving doesn't come yet, so I think he has lost a high chance to get more money. I don't know how much, but it may be high amount.

He bought low and sold high. He won quite big, in termos of profit and in terms of curriculum when he passed through the Bitcoin community. Beyond that... Selling was his option, so he has to live with that now.

yes agreed,Mike Hearn might lost many bitcoins since he sold it when bitcoin price go down last year,but yeah he was made bitcoin price more down because he claim what will happen to bitcoin,and i'm also sure at that time he buy bicoin and hold until now.

Something that people might not think about-
if people weren't buying/ selling bitcoin, the price would not increase.
If someone didn't pay 10,000 bitcoin for a pizza, would bitcoin be worth so much now? Probably not.
The fact that people started taking bitcoin for goods and services is the reason they are worth money today.

No kidding.

http://www.theactuary.com/EasysiteWeb/getresource.axd?AssetID=509300&type=full&servicetype=Inline

Slurp... slurp... slurp...

To OP... the technically correct answer is ALL OF IT! (or none of it depending on if you see BTC as a form of money or not)
Fiat currency is .. not money, its just currency.
Bitcoin has the potential to be money by design.