"Bitcoin is Dead" - Mike Hearn

[chris.woaks]

how this project works , i dont know any information about it...anyone tell me about this .

[walemil]

I noticed that this thread was created 2016. Only the feeble minded people can fall for this. So many people have said that bitcoin will die in their imagination but bitcoin is still strong till date. I have stopped listening to FUD because I have a lot of better things to do.

[bitfocus]

This 2018 and Bitcoin is holding ground with about 60% + market domination, so, his words are already proven wrong.

[semes]

It shouldn't be so easy to qualify the fact that the price of something that went up to $ 20000 is dead. Today the value can be up to 1/3 of the ATH. That doesn't mean it's dead.

[hv_]

... not yet. But the killing is in the making

https://www.reddit.com/r/btc/comments/9nfv5q/blockstreams_end_game_is_now_fully_exposed_they/

[Kusnechik]

As long as there are people interested in buying and selling Bitcoins, it will exist and bargain on the exchanges.

[Rana590]

There is still a lot of demand about bitcoin. People still believe in bitcoin and they are investing on it. From the beginning, a lot of fake news announced but bitcoin still alive and it will be. We should not worry about the bitcoin. We need more support for improving the progress of the bitcoin.

[meritbygrace]

I am not sure for now! Change is the only constant thing.This is the time for bitcoin and its normal. humans change talk of bitcoin.

[KryptoKomsamol]

What if there is an alternative economical coding for a coin that can become a base for a new coin that will naturally replace all others including fiat, to help anarchic communism or at least true fair socialism? here is an idea, for possibly, such a coin structure:


Phase 1: Cryptocurrency and Protocol

1. The protocol shell be coded so that all the following phases would be implemented at their time (to implement truly communistic or socialistic regimes).

2. The coin that shell be created should have a limited emission with no self causing inflation (eg. 100 billiards in total and no more)

3. The coin shell be only sold for other crypto-currencies and the buyer shell obtain specifically coded wallet which is accepted by the coins blockchain system.

4. The minimum exchange rate of the coin should be continuously increasing at a constant compound interest rate. This should be realized via coding the coin's multi-coin wallet so that it can exchange the coin on other coins at a given rate at a time. Therefore the exchange rate of the coin will be continuously increasing.

5. The minimum exchange rate shell also have the ability to increase itself according to the price of the most expensive alternative coin, no matter the possible following decrease of the rate of an alternative coin. Thus at any conditions on the market the coin will be the most attractive investment.

(All exchange rates could be verified using specific A.I. researching prices on all stock exchange platforms.)

Such an approach requires demand for the sales of the coins to be completed at any time if wished by the owner, how ever the approach itself is expected to cause the demand as it makes the coin a stable profitable investment.

(The following phases related to Communism will be posted later according to the discussion.)

[NEWICO INVESTOR]

There is still a lot of demand about bitcoin. People still believe in bitcoin and they are investing on it. From the beginning, a lot of fake news announced but bitcoin still alive and it will be. We should not worry about the bitcoin. We need more support for improving the progress of the bitcoin.

Why not? people are getting involved in this platform day by day, they are finding out an easy and reliable source for making money, that's why Bitcoin and Blockchain system will play an important role in the future.

[rindo]

After a few weeks of stability, the bitcoin had a strong bearish movement started late Wednesday.

The crypto coin, which was trading above $ 6,600, fell to near $ 6,200 in a move that lasted about an hour.

According to The Block website, Bitfinex, one of the largest exchanges of crypto-coins in the world, paralyzed all deposits in USD and "hopes to normalize the situation within a week."

The action was in response to several speculations that were prowling the company, which was accused of insolvency.

So maybe begging of the end?!

[xbossJ]

Please be guided when you make unfounded statements/assertions! What's this claim meant to do for you?? Looks to me like comment of someone  who missed out and is dying to see $Bitcoin at $0 so he could hop on!!! $Bitcoin is like the proverbial cat with nine lives!!! It has become a nightmare to most governments around the world, an enigma to most economists and a threat to bankers the world over! Those who called themselves at some point professional traders have been left tearing their self acclaimed professional certificates in trade prediction! $Bitcoin is unpredictable not dead! Just when you think you know it better, it tells you "You know nothing"... One thing you must tuck in your breast pocket is the simple fact that $Bitcoin is unpredictable Not Dead,

[HabBear]

Mark my words: Bitcoin is getting ready to be in a fight for it's life.

It's fun to read these old threads that shared or criticized bold predictions that have gone woefully wrong.

The one thing this thread proves is that most of these bold predictions aren't based in fact or expert analysis but, rather, int he desire to bait people click on an article link so someone can earn a tenth of a penny.

It's a wee bit cheap, no? Good think Mike "who?" Hearn was wrong!

[John2020]

This is not the first time such erroneous statements about bitcoin will emerge, and since then, bitcoin remain standby and strong, and for those that believes like me this is just the beginning of rising of bitcoin

[Soots]

After a few weeks of stability, the bitcoin had a strong bearish movement started late Wednesday.

The crypto coin, which was trading above $ 6,600, fell to near $ 6,200 in a move that lasted about an hour.

According to The Block website, Bitfinex, one of the largest exchanges of crypto-coins in the world, paralyzed all deposits in USD and "hopes to normalize the situation within a week."

The action was in response to several speculations that were prowling the company, which was accused of insolvency.

So maybe begging of the end?!

Let them accuse for more negative words for bitcoin, and one day they'll realize the meaning of life everything for us. The hardwork and struggles cannot be paid by money, but a sort of little encouragement was enough to suffice the aching heart right now. Although it seems to be hard for me to think of these statements, I still remain intact with my decisions to hold my bitcoins.

[yazher]

this kind of story is more likely not the kind to be shared because it will affect some of the people who has been hodling their bitcoin for a long time. the good thing to do with this kind of story is to leave it as it is. let just practice from now on to bring more good news to our fellow hodlers to give them a good vibes not some stressful thing to stressed them out.

[KrishaBitcoin]

Well this is already concluded that Bitcoin did not die but it multiply that it reach ATH of almost $20,000 last year that even in this bearish market condition we can see that the Bitcoin is much alive that although currently in difficult but still Bitcoin is not dead.

[kifumi]

Bitcoin Classic rolls out, and days later there is no word about it in the News Media.

Mike Hearn declares Bitcoin dead and within hours it is in the New York Times.....
http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html

Mark my words: Bitcoin is getting ready to be in a fight for it's life.

On one side are the Blockstream/Core players.  Liars, manipulators, shill, not afraid to destroy the fabric of Bitcoin with every bit of FUD they can dredge up - even if it kills bitcoin, but if they can't have total control, no one can.

On the other side you have Mike Hearn w/R3CEV/Hyperledger/Banks (AND Mainstream Media & Govt backing - don't forget that!)

We are at the start of a foot race to see who gets ready forst for the upcoming global financial meltdown. 

It's pretty clear that Bitcoin Classic will prevail in the upcoming March Fork given the huge amount of support / concensus for it.  But Blockstream seems to wat to make this a do or die fight, and they appear to be willing to destroy the good name of bitcoin if they don't get their way.  The looming battle may be the perfect backdrop of confusion and chaos for a Fiat Coin to rise from the shadows, and with the help of Gov't & Media nods - be introduced to the masses.

Fasten your seatbelts kiddies.... this is going to be a wild ride.  Right now I am betting 50% on Classic / 50% on Fiat Coin.  Current 1mb Blockstream/Core Coin not even worth mentioning in my opinion.  I see 0.001%.

many of people nowdays know how to get BTC and etc market. When it going familiar everybody has decide to make more coins. have it going inflasion?? but not all countries is legal this BTC. maybe is still exist but the price is priceless.

[nokati]

How can it be death so soon? I just used this morning... What a cruel world.... 

[smile1218]

At this point of time ,we all are aware how the nature of bitcoin can't be determined by a single (mostly ignorant)personalities or even a group of people for that matter.Bitcoin was the most stable financial asset of 2015 overtaking the share market.All I can see is bitcoin live than ever.

I agree with no one can really determine the flow neither until when will be the existence of bitcoin. As far as crypto currencies are concerned we cannot judge till how long it will last and i think bitcoin will not be dead and i would still support it for long term.