Mike Hearn exits, sign of big price jump?

[Amph]

the moment you will stop giving importance to those people, when bitcoin was clearly mean to be decentralized with no a central autorithy, the more you understand that what they are advocating it's not so vital

he just shared his opinion, which seems to be wrong also, chinese have profited of this occasion, to instigate a panic selling

[rdnkjdi]

Well, once an asshole like him get out, the market might recognize BTC as being much stronger and push the price up.

So yes, getting rid of FUDsters and weak hands might be good stuff in the end.

if you view your "anti-fragile currency" being much stronger by one person leaving.  Then don't you think it's pretty pathetically weak?

[Bit_Happy]

Mike Hearn exits, sign of big price jump?
For a huge price jump we need to see a scalability solution accepted and the end of this eternal "forkin' mess".
If Mike Hearn exiting is a step towards resolution, then let's finish the rest ASAP.

[af_newbie]

Mike Hearn exits, sign of big price jump?
For a huge price jump we need to see a scalability solution accepted and the end of this eternal "forkin' mess".
If Mike Hearn exiting is a step towards resolution, then let's finish the rest ASAP.

Hearn showed immaturity as a developer.  Maxwell actually makes sense.  If he worked on large projects (with large teams) and had to compromise
to come up with a solution that is good for the project, he would know better.  Instead he behaved like a little kid fresh out out of school; I know better, my way is the best.

Decentralization, independence of any authority (banks, governments) is paramount.  Slow growth is actually desirable.

Why would someone wish bitcoin becomes another Paypal or Visa is beyond me.  Just use Visa or Paypal/Visa if you want fast, reversible transactions.
I don't understand why some people want bitcoin to replace Paypal or Visa.  Where is the innovation in that?

Store of value, settlement are far more desirable features as this commodity cannot be easily confiscated or depreciated.

Bitcoin as a currency will become another alt coin sooner rather than later.

I hope core does not lose control to classic/unlimited/power rangers.   It will be a disaster in the long term. 

[croato]

I would not be surprised if whales just use all that Mike Hearn drama to drive price bit lower and gather more coins before halving event.

[Bit_Happy]

Mike Hearn exits, sign of big price jump?
For a huge price jump we need to see a scalability solution accepted and the end of this eternal "forkin' mess".
If Mike Hearn exiting is a step towards resolution, then let's finish the rest ASAP.

Hearn showed immaturity as a developer.  Maxwell actually makes sense.  If he worked on large projects (with large teams) and had to compromise
to come up with a solution that is good for the project, he would know better.  Instead he behaved like a little kid fresh out out of school; I know better, my way is the best.

Decentralization, independence of any authority (banks, governments) is paramount.  Slow growth is actually desirable.

Why would someone wish bitcoin becomes another Paypal or Visa is beyond me.  Just use Visa or Paypal/Visa if you want fast, reversible transactions.
I don't understand why some people want bitcoin to replace Paypal or Visa.  Where is the innovation in that?

Store of value, settlement are far more desirable features as this commodity cannot be easily confiscated or depreciated.

Bitcoin as a currency will become another alt coin sooner rather than later.

I hope core does not lose control to classic/unlimited/power rangers.   It will be a disaster in the long term. 

Still time to avoid a complete disaster. Since we do not have Satoshi to lead, we need devs who can remain "loyal" to the ideals of decentralization & independence of any authority.
Where are the Libertarians when we actually need them? 

[CoinCidental]

If bitcoin was dependant on one man, it would be at zero already

The rest of the foundation could leave as well and they would be simply replaced with people who want to be there

[iCEBREAKER]

Theymos bans coinbase for testing a different client.

The ban wasn't for testing XT, but I know you want to promote that false narrative.

Brian Armstrong is a Grade A shitlord and doesn't grok Bitcoin at all.

Besides the support for contentious hard forks, and all the abusive privacy invading crap Coinbase does to their customers, and the Bitcoin Blacklisting Blockchain Alliance, there is this:

[manselr]

He and his bankster friends sold, once people realize this was a scam and once people realize Classic is XT 2.0, we will start going up as Core rises triumphant with the up and coming 0.12 update.

[iCEBREAKER]

[bitcon]

i'm surprised to see nobody is talking about the Cryptsy goxxing.

[kerrang]

i'm surprised to see nobody is talking about the Cryptsy goxxing.

Cryptsy is nothing compared to Gox.

[honeysyd]

While his blog post is not totally untrue, i think that the matket overly reacted to his comment and exit. So, i believe the price will be back to where it was beofore his post. Plus the block size debate seems to be settled down.

[geofflosophy]

My speculation about Hearn being coerced to leave seems to be echoed in the media coverage, there was a panel where an R3 member foretold the publishing of Hearn's Medium post before it went out. Makes total sense to me that his 40+ bank clients would want him to publicly disassociate himself with bitcoin, possibly so they can buy a few million themselves before the next big price surge.

The reason that the exit with the coercion and short term price drop is a sign of a future price jump is because it means that big money is making a last ditch effort to get in before the free coins dry up. Big enough money to get Hearn to publicly denounce bitcoin.