Is it really that bad with Bitcoin as Mike Hearn writes now?

[owm123]

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

[Enjorlas]

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

[Gyrsur]

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

let him go.

[OgNasty]

Bye Mike.

[forevernoob]

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

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]

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

let him go.

So long, and thanks for all the drama!

[Biodom]

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]

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

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]

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

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.

[Biodom]

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]

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.

[pedrog]

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]

even though Mike left from the bitcoin development, i don't really see the reason of bitcoin price crashing.
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. 

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

[Lauda]

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.
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.  

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.

[okae]

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

let him go.

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...

[iCEBREAKER]

A bitcoin believer's crisis of faith

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

[pedrog]

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]

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.

[lottery248]

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.
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. 

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?
that is a nogo to the bitcoin.

[Lauda]

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?
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."  

That does fit.