Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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January 15, 2016, 06:43:31 AM |
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Artificial scarcity generates greed, greed attracts narrow-minded fiends whose only relation with the project is emotional. These fiends don't care about developing an open-sourced monetary system, that would truly be practical. The only thing they care about is keeping value in their artificially scarce currency units. They are not about changing the world by creating a monetary system that would be transparent and without central control. They are all about leaving the financial ideology as it is, and only putting themselves in the place of the "wealthy elite/leeches on others back".
The problem is that they know how fragile the bitcoin market really is. They know that it is thin, and their hoarded coins would quickly lose value in the sign of any uncertainty. So they are extremely sensitive to any ideas of change, because change also brings risk of temporal market uncertainty. This fear keeps everything stagnant with bitcoin and the only hope to see some technical development in the field is from new alts that are not held back by this fear yet.
Eventually the progressive thinking people will abandon supporting the project, because this level of stagnation is torture for them in this dynamic field of crypotocurrencies. The religious thinking "true believers" will stay behind in their isolated little communities, hissing "my precious!!!" and fueling each others illusions of gaining easy riches without work or skill. Greed and fear will only become bigger parts of bitcoin in the future.
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LFC_Bitcoin
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Activity: 3682
Merit: 10272
#1 VIP Crypto Casino
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January 15, 2016, 06:47:38 AM |
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Just think:
- where was Google 5 years ago when Mike left it, and where is Google now?
- where will Bitcoin be in 5 years...
Bye, bye Mike. We will NOT miss you.
He thinks the world owes him something. When will he accept he's the leader of nothing & just be a bitch employee to some company or organisation. |
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suda123
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January 15, 2016, 07:49:02 AM |
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Artificial scarcity generates greed, greed attracts narrow-minded fiends whose only relation with the project is emotional. These fiends don't care about developing an open-sourced monetary system, that would truly be practical. The only thing they care about is keeping value in their artificially scarce currency units. They are not about changing the world by creating a monetary system that would be transparent and without central control. They are all about leaving the financial ideology as it is, and only putting themselves in the place of the "wealthy elite/leeches on others back".
The problem is that they know how fragile the bitcoin market really is. They know that it is thin, and their hoarded coins would quickly lose value in the sign of any uncertainty. So they are extremely sensitive to any ideas of change, because change also brings risk of temporal market uncertainty. This fear keeps everything stagnant with bitcoin and the only hope to see some technical development in the field is from new alts that are not held back by this fear yet.
Eventually the progressive thinking people will abandon supporting the project, because this level of stagnation is torture for them in this dynamic field of crypotocurrencies. The religious thinking "true believers" will stay behind in their isolated little communities, hissing "my precious!!!" and fueling each others illusions of gaining easy riches without work or skill. Greed and fear will only become bigger parts of bitcoin in the future.
Wait good read but is this pro Hern or negative? Edit: also I think your illuminati or some kind of black swan person |
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Matias
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January 15, 2016, 07:52:13 AM |
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I'm sad about the censorship. How can an open project be open, if most important communication channels are censored.
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suda123
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January 15, 2016, 07:56:42 AM |
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Artificial scarcity generates greed, greed attracts narrow-minded fiends whose only relation with the project is emotional. These fiends don't care about developing an open-sourced monetary system, that would truly be practical. The only thing they care about is keeping value in their artificially scarce currency units. They are not about changing the world by creating a monetary system that would be transparent and without central control. They are all about leaving the financial ideology as it is, and only putting themselves in the place of the "wealthy elite/leeches on others back".
The problem is that they know how fragile the bitcoin market really is. They know that it is thin, and their hoarded coins would quickly lose value in the sign of any uncertainty. So they are extremely sensitive to any ideas of change, because change also brings risk of temporal market uncertainty. This fear keeps everything stagnant with bitcoin and the only hope to see some technical development in the field is from new alts that are not held back by this fear yet.
Eventually the progressive thinking people will abandon supporting the project, because this level of stagnation is torture for them in this dynamic field of crypotocurrencies. The religious thinking "true believers" will stay behind in their isolated little communities, hissing "my precious!!!" and fueling each others illusions of gaining easy riches without work or skill. Greed and fear will only become bigger parts of bitcoin in the future.
What are your accounts I wanna read all of them |
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Matias
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January 15, 2016, 08:37:39 AM |
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Amph
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Activity: 3248
Merit: 1070
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January 15, 2016, 08:57:08 AM |
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why it should matter, bitcoin is decentralized, based on consensus, any dev is a good dev, no matter who he is there is no ceo of bitcoin
you guy have still your mind set too much centralized, who is playing behind the scene in bitcoin does not count anything
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spiderbrain
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Activity: 889
Merit: 1013
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January 15, 2016, 11:15:03 AM |
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you guy have still your mind set too much centralized, who is playing behind the scene in bitcoin does not count anything
Commit rights for bitcoin core is centralised, which is obviously necessary but also part of the problem. |
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freedomno1
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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January 15, 2016, 11:18:08 AM |
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Believing in Bitcoins and it's ability to change the world
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uki
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Activity: 1358
Merit: 1000
cryptojunk bag holder
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January 15, 2016, 11:22:27 AM |
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I think Bitcoin can live without Mike Hearn, the question is if he can live without Bitcoin.
Taking into account his recent activity, the answer is: no!
I also don't think it will harm Bitcoin by any mean. Rather looks to me like news played by someone who wants to accumulate cheaper.
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madonnino
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Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
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January 15, 2016, 11:41:08 AM |
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for better or for worse as long as' we speak, its good for btc. bitcoin is not dead and will not going to die |
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btcxyzzz
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Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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January 16, 2016, 06:47:33 AM |
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Wtf, someone's deleting all pro-Mike posts here? If you ask me, he is completely right. Bitcoin is going nowhere with small blocks and RBF.
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AliceWonderMiscreations
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January 16, 2016, 08:07:40 AM |
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Wtf, someone's deleting all pro-Mike posts here? If you ask me, he is completely right. Bitcoin is going nowhere with small blocks and RBF.
No one thinks the issue doesn't need to be addressed AFAIK. It's just his solution isn't what there was consensus to adopt. I decided not to use the xt client because when I looked at the issue, there was still time to look at potential alternate solutions which to me seemed smarter than being locked into one solution by adopting it before it was critical to do so. Maybe his solution is the right one, I can't say. But I can say that the time to adopt it wasn't here when xt was being pushed. |
I hereby reserve the right to sometimes be wrong
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justspare
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January 16, 2016, 08:13:33 AM |
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I hope that Bitcoin doesn't die, I hope Mike Hearn does though. He is an asshole and he is spreading rumours about Bitcoin.
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Apraksin
Sr. Member
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Activity: 420
Merit: 251
Moon?
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January 16, 2016, 10:01:38 AM |
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Yawn. Still hodling.
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AliceWonderMiscreations
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January 16, 2016, 10:37:53 AM |
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you guy have still your mind set too much centralized, who is playing behind the scene in bitcoin does not count anything
Commit rights for bitcoin core is centralised, which is obviously necessary but also part of the problem. It would be a problem if it wasn't centralized. The biggest weakness of bitcoin is the power consumption of mining. Bitcoin depends upon cheap energy. |
I hereby reserve the right to sometimes be wrong
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traderbit
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January 16, 2016, 10:48:32 AM |
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Seeing that there are lots of other developers here https://bitcoin.org/en/development, it should not affect directly the bitcoin if an employee left, personally i think that the price will get back shortly. |
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Pursuer
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Activity: 1638
Merit: 1163
Where is my ring of blades...
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May 21, 2017, 02:48:04 AM |
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I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day. and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range  |
Only Bitcoin
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Lecsor
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Activity: 210
Merit: 100
Comprehensive Blockchain Billing Protocol
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May 21, 2017, 06:44:34 AM |
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I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day. and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range : As Mike Hearn gave up on Bitcoin, is Bitcoin dead/will die as he said ? Today at 02:48:04 AM #38 I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day. and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range |
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AjithBtc
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Activity: 1666
Merit: 276
Vave.com - Crypto Casino
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May 21, 2017, 07:33:44 AM |
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I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day. and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range : As Mike Hearn gave up on Bitcoin, is Bitcoin dead/will die as he said ? Today at 02:48:04 AM #38 I'm just bumping this to thank Mr. Hearn for his contributions to my bitcoin stash. without him I couldn't have as much bitcoin as I have now. I bought a lot of bitcoin back when he said what he said and caused the dip. it was a really good day, that day. and now we are about 350% higher than the price of that time. I just wish bitcoin could die more often back in the $300-$500 range This is an expectation of most of the users. The reason is that now people are very confident that the price will bounce back even if the value drops. Also it has got the potential to overcome all obstacles and negativity that was put forth by experts in the past. So now more users expect an dip to invest big. |
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