"Bitcoin dead" is conspiracy theory

[7425504]

http://www.ithome.com/html/it/201436.htm

This is a piece of news in Chinese,I'm going to talk about an important piece.



0.Mike to join the bitcoin six years, only for the bitcoin code submitted to the 3 bug

1.Mike is not bitcoin core developers

2.He is a representative of the interests of the bank

3.Many of Mike's claims are against the idea of bitcoin

4.Repeatedly heard the whole community against Mike

5.No one can declare the failure of bitcoin

6.Bitcoin has died 89times


My English is not good, these only, forgive me  

[BitcoinNewsMagazine]

Thank you for posting!

Google translation of the article on 1/17/16 at http://www.ithome.com/html/it/201436.htm

Bitcoin "is dead", it will be a traditional financial institutions and the "conspiracy theory"

According to records, count this time, Bitcoin has been declared a total "dead" 89 times, reasons of death are technical factors, government control, celebrities mouthing, bad-mouthing the media and the fact bitcoins from ...... So not to decline, but the development of more and more powerful.

Beijing on Jan. 15, New York City, the Fed organized a theme of "Beyond Bitcoin," the meeting, which has half the participants on behalf of the Federal Reserve, the other half are representatives of the big banks and big banks support blocks chain R3CEV company representative.

During the meeting, representatives of R3CEV's speech: "R3CEV company programmer Mike is the original Bitcoin protocol core developers, he said bitcoin as experiment has failed."

Remarks in the "New York Times" to "bit currency core developers Mike declared Bitcoin failure" as the title promote reported, resulting in greater public, there have been interpreted as bad news Bitcoin, resulting from Bitcoin prices also crashed 2850 yuan fell to 2,350 yuan.

[fox19891989]

actually there is a lot of news to attack bitcoin, it is good cause bitcoin price will be lower, and we will see bitcoin is dumped by whales, and it is time for whom didn't buy bitcoin at 200 USD, so people can rebuy bitcoin at cheaper price and then will be pumped to higher when block halves, I hope I will buy a lot of bitcoin at 200 USD again, and hold hold hold for next big rise to sell. 

[pooya87]

bitcoin is like a cat but with a thousand lives. it dies every now and then and comes back to life. or maybe it is just playing possum

[Kprawn]

What that article did not say, was that the R3 consortium has known about the article that would be placed in the New York Times before it was published. How did they know

that? Questions should now be asked : How much influence does the banks have over the mainstream media? They portrayed Mike Hearn as the fallen victim, sitting alone in

his dark apartment and walking in the dark woods... What a crock of shit. He chose to leave Bitcoin, when he failed with XT and then moved to the competition like a Judas. He

is the typical Job hopper and thrive on attention and power. He just made this VERY personal.

[WENGER]

A theory that never proved it's worth in reality so it's same to nothing in terms of reliability. There's always a guy in each system out there who acts as the opposite of being in the team and perhaps that's just Mike for Bitcoin as a whole.

[avatar_kiyoshi]

A spokesperson, Mike is not Bitcoin core developers, but bank interest

This is why Mike not support bitcoin
Well bitcoin is dead because bad-mouthing that's all.

[NorrisK]

Bitcoin will not die because of a little bad news... It's value might drop a bit temporarily, but dying is something else.

Every time I read that it has died I smile a little and buy a bit extra as the coins are cheaper to pick up.

[Erkallys]

As long as blocks will continue to be found, you can be sure tha Bitcoin won't be dead ! When some people like him tells such lies, it generally means the inverse !

[wakasaki808]

I think one of the reasons that some people like conspiracy theories is
I think that they like to feel like there is a group of people who are so smart and powerful that they can pull the wool over an entire country or in fact even an entire world's eyes. That certainly makes them feel like somehow they're protected, even if it's not in they're best interest.

[AlexGR]

I think one of the reasons that some people like conspiracy theories is
I think that they like to feel like there is a group of people who are so smart and powerful that they can pull the wool over an entire country or in fact even an entire world's eyes. That certainly makes them feel like somehow they're protected, even if it's not in they're best interest.

The banking sector is full of conspiracies. There is not a single market that they haven't conspired together in order to "fix" it - and some times they have been caught, having to pay fines or settlements.

Why would the emerging cryptocurrency market be any different - especially when it is a market that if it succeeds will cut on their revenues and profits?

[Epicnicity]

In my opinion bitcoin is far away from being dead. Just because some people don't like to see bitcoin succeed doesn't mean that what they say has to come true.
I believe in bitcoin and I think bitcoin is far away from dead.

[Premium Account Reseller]

Those ppl who are saying that bitcoin is dead are all representing banks. I pay for alk my online shopping with bitcoin. f**k the banks.

[kingbritain]

Bitcoin will never die people telling you it is are mistaken.

[Gramas]

https://bitcointalk.org/index.php?topic=1329377.0 lol

[Daniel91]

http://www.ithome.com/html/it/201436.htm

This is a piece of news in Chinese,I'm going to talk about an important piece.



0.Mike to join the bitcoin six years, only for the bitcoin code submitted to the 3 bug

1.Mike is not bitcoin core developers

2.He is a representative of the interests of the bank

3.Many of Mike's claims are against the idea of bitcoin

4.Repeatedly heard the whole community against Mike

5.No one can declare the failure of bitcoin

6.Bitcoin has died 89times


My English is not good, these only, forgive me  

Very good points, thank you for sharing!
It's obvious that banks and financial institutions becoming more and more nervous because of our success.
Bitcoin is much more attractive to younger generation than traditional money in traditional banks.
This trend will continue and banks know that now is last moment to stop it or they will loose
I heard this story that bitcoin will die many times and don't think about it anymore, just buying more bitcoin and enjoy  

[xiaoyy.z]

Bitcoin will not die,
If it happens,
People will remember the bitcoin, the digital currency father

[Kakmakr]

These conspiracy theories are fueled by misinformed media and news outlets. Bitcoin has been declared dead for the 89th time and it is still alive and well. It did see a price decline, but that was mostly due to the Cryptsy hack that came at the same time as the blog entry that declared Bitcoin dead by Mike Hearn.

We will see a lot more of these articles in the media from now on, because most of the private ledgers in development now, will be implemented within this year.