Bitcoin Forum
June 15, 2024, 06:05:12 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Is it really that bad with Bitcoin as Mike Hearn writes now?  (Read 3467 times)
owm123 (OP)
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
January 14, 2016, 10:24:22 PM
 #1

The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.qokjwtupk

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
Enjorlas
Hero Member
*****
Offline Offline

Activity: 788
Merit: 1000


View Profile
January 14, 2016, 10:28:31 PM
 #2

What altcoin will people flood into if Bitcoin fails then? In other words, what altcoin has code that won't have this problem?
Gyrsur
Legendary
*
Offline Offline

Activity: 2856
Merit: 1520


Bitcoin Legal Tender Countries: 2 of 206


View Profile WWW
January 14, 2016, 10:29:48 PM
 #3


let him go.

OgNasty
Donator
Legendary
*
Offline Offline

Activity: 4774
Merit: 4363


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
January 14, 2016, 10:39:43 PM
 #4

Bye Mike.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
forevernoob
Hero Member
*****
Offline Offline

Activity: 687
Merit: 500



View Profile
January 14, 2016, 10:41:30 PM
 #5

http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html

Quote
The start-up in New York where he has taken a job, R3, is developing Bitcoin-like networks for banks to enable cheaper and faster ways to trade assets of all sorts.

Basically, Mike Hearn quit Bitcoin to join the banksters.

And also he sold all of his BTC, what a joke... Why not invest some in an alt coin at least?
If you like the idea behind Bitcoin but you don't like the block size why not use an alt coin instead?
There should be plenty to choose from.

He doesn't seem to be that interested in the ideas behind Bitcoin.

 

iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
January 15, 2016, 12:58:07 AM
 #6


So long, and thanks for all the drama!


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
Biodom
Legendary
*
Offline Offline

Activity: 3794
Merit: 3968



View Profile
January 15, 2016, 12:58:52 AM
 #7

Why can't Bitcoin be like Linux or Debian with slow and careful development?
I used to think that growth is important, but I don't think that it is, at least not now.
Now, building good software is much more important than # of bodies transacting, regardless of what stock options crowd at Coinbase and Bitpay thinks.

This is starting to have some bolshevik/menshevik overtones in the discussion.
https://en.wikipedia.org/wiki/Mensheviks

Core, Unlimited, Classic, bitpaycore..oh, my:
https://bitcoinmagazine.com/articles/unlimited-classic-and-bitpay-core-bitcoin-s-new-kids-on-the-blockchain-1452705977
chennan
Legendary
*
Offline Offline

Activity: 1316
Merit: 1004


View Profile
January 15, 2016, 01:02:18 AM
 #8

http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html

Quote
The start-up in New York where he has taken a job, R3, is developing Bitcoin-like networks for banks to enable cheaper and faster ways to trade assets of all sorts.

Basically, Mike Hearn quit Bitcoin to join the banksters.

And also he sold all of his BTC, what a joke... Why not invest some in an alt coin at least?
If you like the idea behind Bitcoin but you don't like the block size why not use an alt coin instead?
There should be plenty to choose from.

He doesn't seem to be that interested in the ideas behind Bitcoin.

 


Ahh ok, I'm starting to see why people are so upset about all of this... I honestly didn't know that he was planning on developing a blockchain program for banks to use. Also, you have a point that it doesn't really make sense to not go ahead and invest in other alts, or just simply create his own that incorporates all of his beliefs of what Bitcoin should be.

He probably got bought out by the banks for an amount that he simply couldn't refuse. But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.

The Sceptical Chymist
Legendary
*
Offline Offline

Activity: 3374
Merit: 6870


Top Crypto Casino


View Profile
January 15, 2016, 01:20:33 AM
 #9

http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html

Quote
The start-up in New York where he has taken a job, R3, is developing Bitcoin-like networks for banks to enable cheaper and faster ways to trade assets of all sorts.

Basically, Mike Hearn quit Bitcoin to join the banksters.

And also he sold all of his BTC, what a joke... Why not invest some in an alt coin at least?
If you like the idea behind Bitcoin but you don't like the block size why not use an alt coin instead?
There should be plenty to choose from.

He doesn't seem to be that interested in the ideas behind Bitcoin.

 

I'd say because very few of them have a future.   But bitcoin is bigger than one man so this is ok.  The world will continue to turn.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
Biodom
Legendary
*
Offline Offline

Activity: 3794
Merit: 3968



View Profile
January 15, 2016, 02:48:56 AM
Last edit: January 15, 2016, 03:18:04 AM by Biodom
 #10

the journo figured out that the title sounded wrong

So, from "The Bitcoin believer who gave up" it is suddenly " A bitcoin believer's crisis of faith"


Kakmakr
Legendary
*
Offline Offline

Activity: 3458
Merit: 1961

Leading Crypto Sports Betting & Casino Platform


View Profile
January 15, 2016, 07:11:27 AM
 #11

Bye Bye Mike ^wave^ Something tells me, this is not the end. The puppet masters at the banks will be a better environment for you. The Bitcoin scene have no need for drama queens and benevolent dictators. Hope the payment and
benefits is better in the old corporate structure.

In a month or two, we will see the true color of the attacks that would be launched from their side, eagerly assisted with the help of Mike Hearn. The little support he has now, will quickly evaporate when this happens.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
January 15, 2016, 11:32:32 AM
 #12

But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.

Good point, he did quit is job at Google to work full time bitcoin development...

lottery248
Legendary
*
Offline Offline

Activity: 1568
Merit: 1005


beware of your keys.


View Profile
January 15, 2016, 11:52:10 AM
 #13

even though Mike left from the bitcoin development, i don't really see the reason of bitcoin price crashing. Huh
in case of that, we would be in urgent about the bitcoin price, if we could not save bitcoin from crashing, then bitcoin would not have a brighter future. and i don't wanna leave bitcoin for this.  Cry

2009-2016,
Bitcoin (if its price crashes down like financial tsunami in 2008).

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
January 15, 2016, 11:58:14 AM
Last edit: January 15, 2016, 03:32:29 PM by Lauda
 #14

What he wrote is mostly manipulative propaganda and lies. The answer to your question is no. Bitcoin is doing fine and is better off without such immature people like Hearn. He was unable to get his way with XT and so he decides to backstab everyone how lovely.

But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.
Good point, he did quit is job at Google to work full time bitcoin development...
That's not a good point. What did you expect is going to happen when you advocate blacklisting? He deserved much worse than what the community threw at him and now he has proven it.

even though Mike left from the bitcoin development, i don't really see the reason of bitcoin price crashing. Huh
in case of that, we would be in urgent about the bitcoin price, if we could not save bitcoin from crashing, then bitcoin would not have a brighter future. and i don't wanna leave bitcoin for this.  Cry
New York Times picked up on thecoordinated in the creation of the story (this is highly likely) in addition to the Cryptsy fiasco. Bitcoin will not crash because of this, obviously this is going to negatively reflect on the price (as it already is).


Update: Corrections to the post.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
okae
Legendary
*
Offline Offline

Activity: 1401
Merit: 1008


northern exposure


View Profile WWW
January 15, 2016, 12:00:17 PM
 #15


Exactly, to tell you the truth, IMHO, he decide to go at the same time that he decide to start with his ALT coin, so for me this is not a loss, he was already "out", so let him go, maybe more and better devs will come now with less drama around... Wink

IMHO #1.b of suspects, Hal Finney is/was S.N.
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
January 15, 2016, 12:01:57 PM
 #16

A bitcoin believer's crisis of faith

More like "An egotistical shitlord's party of pity."   Tongue


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
January 15, 2016, 12:02:41 PM
 #17

What he wrote is mostly manipulative propaganda and lies. The answer to your question is no. Bitcoin is doing fine and is better off without such immature people like Hearn. He was unable to get his way with XT and so he decides to backstab everyone how lovely.

But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.
Good point, he did quit is job at Google to work full time bitcoin development...
That's not a good point. What did you expect is going to happen when you advocate blacklisting? He deserved much worse than what the community threw at him and now he has proven it.

You're passing misinformation, he did not "advocate blacklisting", that was once discussed has a way to prevent the fraud and theft, after discussed it was dismissed because it could not be implemented.

crazyivan
Legendary
*
Offline Offline

Activity: 1652
Merit: 1007


DMD Diamond Making Money 4+ years! Join us!


View Profile
January 15, 2016, 12:03:21 PM
 #18

When r u people going to recognize FUD? He s spreading BS about BTC cause he s got a plan and his plan s working. You weak hands continue to spread his BS around.

Who the fuck is Mike Hearn to see the future? He s someone who s been something in BTC. Not anymore.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
lottery248
Legendary
*
Offline Offline

Activity: 1568
Merit: 1005


beware of your keys.


View Profile
January 15, 2016, 12:04:12 PM
 #19

What he wrote is mostly manipulative propaganda and lies. The answer to your question is no. Bitcoin is doing fine and is better off without such immature people like Hearn. He was unable to get his way with XT and so he decides to backstab everyone how lovely.

But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.
Good point, he did quit is job at Google to work full time bitcoin development...
That's not a good point. What did you expect is going to happen when you advocate blacklisting? He deserved much worse than what the community threw at him and now he has proven it.

even though Mike left from the bitcoin development, i don't really see the reason of bitcoin price crashing. Huh
in case of that, we would be in urgent about the bitcoin price, if we could not save bitcoin from crashing, then bitcoin would not have a brighter future. and i don't wanna leave bitcoin for this.  Cry
New York Times picked up on the story in addition to the Cryptsy fiasco. Bitcoin will not crash because of this, obviously this is going to negatively reflect on the price (as it already is).

but we are facing the crash of bitcoin price. isn't that a form of crashing? Sad
that is a nogo to the bitcoin.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
January 15, 2016, 12:07:56 PM
 #20

You're passing misinformation, he did not "advocate blacklisting", that was once discussed has a way to prevent the fraud and theft, after discussed it was dismissed because it could not be implemented.
I'm not sure what you've been reading these past few years, but he did. There was even a decently sized thread about it on the forums.

but we are facing the crash of bitcoin price. isn't that a form of crashing? Sad
that is a nogo to the bitcoin.
-5.48% on the price is not crashing, it is called volatility.

More like "An egotistical shitlord's party of pity."   Tongue
That does fit.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!