Bitcoin Forum
November 04, 2024, 07:36:53 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: As Mike Hearn gave up on Bitcoin, is Bitcoin dead/will die as he said ?  (Read 3001 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Mervyn_Pumpkinhead
Legendary
*
Offline Offline

Activity: 876
Merit: 1000



View Profile
January 15, 2016, 06:43:31 AM
 #21

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.


▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░▓▓▓▓▓▓
▓▓▓▓▓▓   ░         ░                 ▓▓▓▓▓▓
▓▓▓▓▓▓   ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓▓▓▓
▓▓▓▓▓▓   ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓▓▓▓
▓▓▓▓▓▓   ▓▓░     ▓▓▓   ▓▓▓     ▓▓▓   ▓▓▓▓▓▓
▓▓▓▓▓▓   ▓▓▓▓▓   ▓▓▓   ▓▓▓   ▓▓▓▓▓   ▓▓▓▓▓▓
▓▓▓▓▓▓   ░▓▓▓▓   ▓▓▓   ▓▓▓   ▓▓▓▓    ▓▓▓▓▓▓
▓▓▓▓▓▓▓▓    ▓▓   ▓▓▓   ▓▓▓   ▓▓    ▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓       ▓▓▓   ▓▓▓       ▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓     ▓▓▓   ▓▓▓     ▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓   ▓▓▓  ░▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░▓▓▓   ▓▓▓░▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░░▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
Totle: DEX Aggregator 




                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀





       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████



                    ▓███    █████   
                    █     ▓█▒   █   
                   ██       ██▒██   
                   █                
            █████████████           
   ████████░             ░████████  
  █░ ░██                     ▒█▒  ██
  █░██     ░▓▓▓▒      ▓▓▓▒     ░█ ██
   ██      ▒▓▓▓▓     ▒▓▓▓▓      ██  
   ██        ░░        ░░       ▒█  
    █░                          █   
     █▓      ██░      ██░     ░█    
       ██░       ████      ░██      
          ████████████████    






                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3710
Merit: 10429


#1 VIP Crypto Casino


View Profile
January 15, 2016, 06:47:38 AM
 #22

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.




█████████████████████████
███████████▄█████████████
██████▀░▀█▀░▀█▀░▀████████
███████▄███▄███▄█████████
████▀██▀██▀░▀████▀░▀█████
███████████░███▀██▄██████
████▀██▀██░░░█░░░████████
███████████░███▄█▀░▀█████
████▀██▀██▄░▄███▄░░░▄████
███████▀███▀███▀██▄██████
██████▄░▄█▄░▄█▄░▄████████
███████████▀█████████████
█████████████████████████
 
.Bitcasino.io.
 
.BTC  ✦  Where winners play  BTC.
.
..
.
    ..





████
████
░░▄████▄████████████▄███▄▄
░███████▄██▄▄▄▄▄▄█████████▄
███████████████████████████
▀████████████████████████▀
░░▀▀████████████████████
██████████████████▄█████████
██
▐███████▀███████▀██▄██████
███████▄██▄█▀████▀████████
░░██████▀▀▀▄▄▄████▀▀████
██▐██████████▀███▀█████████████    ████
███
████████████
███████████████    ████
█████▀████████████████▀
███████▀▀▀█████████▀▀
..
....
 
 ..✦ Play now... 
.
..
suda123
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
January 15, 2016, 07:49:02 AM
 #23

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
Matias
Full Member
***
Offline Offline

Activity: 182
Merit: 101


View Profile
January 15, 2016, 07:52:13 AM
 #24

I'm sad about the censorship. How can an open project be open, if most important communication channels are censored.
suda123
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
January 15, 2016, 07:56:42 AM
 #25

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
Matias
Full Member
***
Offline Offline

Activity: 182
Merit: 101


View Profile
January 15, 2016, 08:37:39 AM
 #26

It is getting mainstream attention

http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html?_r=1

Amph
Legendary
*
Offline Offline

Activity: 3248
Merit: 1070



View Profile
January 15, 2016, 08:57:08 AM
 #27

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
spiderbrain
Legendary
*
Offline Offline

Activity: 889
Merit: 1013



View Profile
January 15, 2016, 11:15:03 AM
 #28

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.

freedomno1
Legendary
*
Offline Offline

Activity: 1806
Merit: 1090


Learning the troll avoidance button :)


View Profile
January 15, 2016, 11:18:08 AM
 #29

Hello,

As you can read from this URL (https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.mu7gne8ca), Mike Hearn: "I will no longer be taking part in Bitcoin development and have sold all my coins".

Is really Bitcoin dead/will die as he said ?

Is Bitcoin's future dependable on him ?

Thanks.

No, but RBF which he mentioned seems like a useless addition to me.
https://99bitcoins.com/conspiracy-against-instant-bitcoin-transactions-rbf-cpfp-and-scorched-earth/

Believing in Bitcoins and it's ability to change the world
uki
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


cryptojunk bag holder


View Profile
January 15, 2016, 11:22:27 AM
 #30

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.


this space is intentionally left blank
madonnino
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


I ❤ www.LuckyB.it!


View Profile
January 15, 2016, 11:41:08 AM
 #31


for better or for worse as long as' we speak, its good for btc.  bitcoin is not dead and will not going to die
btcxyzzz
Legendary
*
Offline Offline

Activity: 888
Merit: 1000

Monero - secure, private and untraceable currency.


View Profile WWW
January 16, 2016, 06:47:33 AM
 #32

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.

Token Bubbles – Transforming the ICO Rating and Analysis Space.
AliceWonderMiscreations
Full Member
***
Offline Offline

Activity: 182
Merit: 107


View Profile WWW
January 16, 2016, 08:07:40 AM
 #33

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
justspare
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 538



View Profile
January 16, 2016, 08:13:33 AM
 #34

I hope that Bitcoin doesn't die, I hope Mike Hearn does though. He is an asshole and he is spreading rumours about Bitcoin.
Apraksin
Sr. Member
****
Offline Offline

Activity: 420
Merit: 251


Moon?


View Profile
January 16, 2016, 10:01:38 AM
 #35

Yawn. Still hodling.
AliceWonderMiscreations
Full Member
***
Offline Offline

Activity: 182
Merit: 107


View Profile WWW
January 16, 2016, 10:37:53 AM
 #36

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
traderbit
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile WWW
January 16, 2016, 10:48:32 AM
 #37

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.

Pursuer
Legendary
*
Offline Offline

Activity: 1638
Merit: 1163


Where is my ring of blades...


View Profile
May 21, 2017, 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 Cool

Only Bitcoin
Lecsor
Full Member
***
Offline Offline

Activity: 210
Merit: 100


Comprehensive Blockchain Billing Protocol


View Profile
May 21, 2017, 06:44:34 AM
 #39

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 Cool
: 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

╔══ // PumaPay //  Comprehensive Blockchain Billing Protocol   // PumaPay // ══╗
╠════════════  Telegram ─── Bitcointalk ─── Bounty ─── Join Here   ════════════╣
A free blockchain protocol that makes crypto billing accessible to every business  ╝
AjithBtc
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 276


Vave.com - Crypto Casino


View Profile
May 21, 2017, 07:33:44 AM
 #40

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 Cool
: 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.

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!