"Bitcoin is Dead" - Mike Hearn

[TooDumbForBitcoin]

It's ironic MH is trying to implement RBF on bitcoin (Reverse By FUD).

It's also ironic the community blacklisted XT.  (Not all implementations are fungible).

ESPN should get MH on tape for 30 minutes and package it with LeBron James's "The Decision" - 'I'm taking my talents and going to R3'

Next time MH and Maxwell play golf, it'll be play it down and no gimmes or mulligans.  Is Maxwell going to get a reporter to pull MH under the bus with him, or is he too mature for that?

[mammon]

Can somebody explain me how block <1MB can do all the transactions in the future?

Don't like XT or other, but <1MB just to small for HUGE transactions

[Zarathustra]

Mike's capitulation will be the decisive wake up call that the community needed to save the Bitcoin project.
It was needed to finally fork the totalitarian tyrants and their followers out of the project. Mike will make history of being the savior of Bitcoin.

[TooDumbForBitcoin]

Mike will make history of being the savior of Bitcoin.

Will we get presents on his birthday?

[bittalc1]

Well, his story + Cryptsy bankrupt = - 50 usd per 1 btc in few hours   

many people are losing a lot of money already and they will lose more if they won't sell.

That does not mean shit! If you heard what shorting means you will get that many people make ton of money while the price drops!

[Blind Legs Parker]

Whenever I read some one is saying that Bitcoin is "dead", then it just shows that these people have no idea what they are talking about. Let the dude leave and work on shitty altcoin projects. The more people say Bitcoin is going to fail, the more I keep believing in its future. Something that grows to unseen levels has a lot enemies, and it shows....

The original bitcoin has failed, whatever bitcoin is becoming is not what it was envisioned by its creator, the original project Mike worked on is no longer.

Satoshi left and other people took over the project. It's not a surprise that it's not going in the exact direction that Satoshi had in mind. You have to deal with different people and all these people may disagree with each other on several important subjects, take the blocksize drama as example. I am happy to see where Bitcoin is standing right now, all these shills will attempt to disrupt things with their fud, but they will always lose.

Then these people should make their own altcoin, not hijack bitcoin's development and turn bitcoin into their own altcoin.

It's reasonable that all of us who bought into bitcoin because of its original vision to feel betrayed when seeing what it is being turned into, much more for someone like Mike who gave 5 years of his life to this project.

Wasn't Mike Hearn the one accused of wanting to turn bitcoin into his own altcoin in the first place?
Well I mean, anyway, it's not as easy as telling them to fuck off and go create their own altcoin: everyone knows that only bitcoin is really viable. Who'd want to create an altcoin that nobody's ever going to trust no matter how good it is in the first place if you're aware of that.

Mike's capitulation will be the decisive wake up call that the community needed to save the Bitcoin project.
It was needed to finally fork the totalitarian tyrants and their followers out of the project. Mike will make history of being the savior of Bitcoin.

And thus he spake.
(Sorry for that  . I know I can't be the first one to make that joke but I couldn't refrain  ).

[iCEBREAKER]

Mike's capitulation will be the decisive wake up call that the community needed to save the Bitcoin project.
It was needed to finally fork the totalitarian tyrants and their followers out of the project. Mike will make history of being the savior of Bitcoin.

One thing is for sure.

Mike needs to get off the cross already.

[TeamButtcoin]

Mike's capitulation will be the decisive wake up call that the community needed to save the Bitcoin project.
It was needed to finally fork the totalitarian tyrants and their followers out of the project. Mike will make history of being the savior of Bitcoin.

One thing is for sure.

Mike needs to get off the cross already.

why, you clowns have more devs you need to crucify?

[pedrog]

Whenever I read some one is saying that Bitcoin is "dead", then it just shows that these people have no idea what they are talking about. Let the dude leave and work on shitty altcoin projects. The more people say Bitcoin is going to fail, the more I keep believing in its future. Something that grows to unseen levels has a lot enemies, and it shows....

The original bitcoin has failed, whatever bitcoin is becoming is not what it was envisioned by its creator, the original project Mike worked on is no longer.

Satoshi left and other people took over the project. It's not a surprise that it's not going in the exact direction that Satoshi had in mind. You have to deal with different people and all these people may disagree with each other on several important subjects, take the blocksize drama as example. I am happy to see where Bitcoin is standing right now, all these shills will attempt to disrupt things with their fud, but they will always lose.

Then these people should make their own altcoin, not hijack bitcoin's development and turn bitcoin into their own altcoin.

It's reasonable that all of us who bought into bitcoin because of its original vision to feel betrayed when seeing what it is being turned into, much more for someone like Mike who gave 5 years of his life to this project.

Wasn't Mike Hearn the one accused of wanting to turn bitcoin into his own altcoin in the first place?

Yes, it's called Projection.

[The Bitcoin Co-op]

Bitcoin is not dead, but Mike makes some good points. Our social power structure is too monopolistic. I think the rise of CoinFest is largely due to the fact that people are beginning to see those conferences for what they truly are.

[RodeoX]

Oh bitcoin is dead again?  

This time it's true because that one guy said it.

[iCEBREAKER]

Oh bitcoin is dead again?  

This time it's true because that one guy said it.

I heard the CEO of Bitcoin resigned.

Is it true?

[pinoycash]

Bitcoin will not die, because 1 person saids so, bitcoins is not build over night so it will not die just like that, it was build for the people.

[RodeoX]

Oh bitcoin is dead again?  

This time it's true because that one guy said it.

I heard the CEO of Bitcoin resigned.

Is it true?

I heard he committed suicide?

[TeamButtcoin]

second life technically isn't dead


technically

[Yogafan00000]

I hope this is the last we hear of Hearn.  I'm quite sick of news with his name on it.

[keepdoing]

Mike's capitulation will be the decisive wake up call that the community needed to save the Bitcoin project.
It was needed to finally fork the totalitarian tyrants and their followers out of the project. Mike will make history of being the savior of Bitcoin.

I disagree.  I think everything I wrote in the OP is even clearer now than it was at the time I wrote it.  The Blockstream/Core Hijaakers are dug in even deeper.  They fail to understand that it is their crippling of bitcoin that has led to this, not Mike Hearn.  The only reason Mike failed is because he got WAY to aggressive with XT.  If he had launched Classic instead, this would have been over months ago and we'd already be running 2b blocks, and Bitcoin would be over $1000, and the entire globe would be pouring in in panic of the financial collapse.  I warned you this would happen.

And now it appears that Blockstream/Core will make this a war to the death, and try and take Bitcoin with them if they can't have their way.  ONLY hope is that the Classic team shuts up talking and simply uploads the 2mb Fork code ASAP.  Deal with the rest of the crap later.  Do the fork as promised and shut up about future development until that has passed.

AND be prepared for R3CEV/HyperLedger/Banks/IBM/Cisco etc to run a fiat coin out against you.  Because what has been learned here?  That THEY have the power.... Media drives everything.  They snap their fingers in a couple of months - and you will see stories all over the world pop up in a matter of seconds saying "Look a thte children's table - the squabbling immature babies of Bitcoin.  We can't have those disorganized infighting nuts running our global finances.  You don't want to trust your money to that!"  And then they will talk endlessly about the new fiat coin, backed by the powers of IBM, CIsco, Banks, etc.... and the Gov'ts will speak in favor, and ALL the sheep will run to the new global fed coin.

Don't think it can happen that fast?  Bitcoin is at $386 as I write this.  It's been less than 24 hours.  That is how fragile Bitcoin is.

Interstingly, once again everybody has missed the point of the OP.  It's like talking to deaf people.  Don't say I didn't warn you.

[Denker]

By the looks of it, Mike Hearn is a complete retard. If Bitcoin is dead, then why is the price still so high.

Of course he is a retard! If things don't go like he wants he starts to act like a 3 year old child as you can see right now.
That guy brought so much trouble and poison into blocksize debate and caused a disturbance whenever he could. I'm pretty sure he is on the pay roll of the dark side much longer than many here could imagine.

[Denker]

Well, his story + Cryptsy bankrupt = - 50 usd per 1 btc in few hours   

many people are losing a lot of money already and they will lose more if they won't sell.

You start losing money when you cash out!
Not before!!!
When people are smart they will not fall for this panic train and just wait!I'm sure we will see 400+ again quite soon.

[keepdoing]

Well, his story + Cryptsy bankrupt = - 50 usd per 1 btc in few hours   

many people are losing a lot of money already and they will lose more if they won't sell.

You start losing money when you cash out!
Not before!!!
When people are smart they will not fall for this panic train and just wait!I'm sure we will see 400+ again quite soon.

They said this about YAHOO in 1998 tech bubble.  It dropped, and everyone said, WOW! Couldn't possibly drop more.  It dropped more, and everybody said, WOW, glad that is over.  It dropped more again, even bigger.  This cycle repeated until 96% of value was wiped out.

Same thing is going to happen to Bitcoin unless the Classic Fork happens ASAP.   Every single day that this band of Blockstream/Core idiots remains in control, the price will drop even more.  There is no faith or hope in current roadmap.  It leads to Zero.