Bitcoin is DEAD...

[Supercrypt]

I think its just a nature of bitcoin every year the price will dump or jump. So i think bitcoin are not dead and it will rise again.
Im not sure when it happen but just stay holding or buy cheap bitcoins for now and hold it until cryptsy issue ends and also dont forget the halving ends...

Yes, the nature bitcoin will surprise us always. I wonder what will happen after all bitcoins are mined and found, I am still learning more about it and its like a river of knowledge, the more u take, the more it has.
Bitcoin is designed to have higher value by default. So, I never consider it is dead.

[rienelber]

This is another fabricated drama to push the price of Bitcoin down by creating panic and the whale to accumulate once again at cheap prices and then after some weeks again let the things to become normal which help to increase the price and take good profit.There are not some other way to drive the price downwards without help of these dramas.All will be over once again like always.

Uow, thank you for making that clear. I was really afraid, since I've been aboard btc boat recently and still didn't know about this "deaths".

[rienelber]

I do think Mike Hearn took a chance with his wallet and career, it didn't pan out how he sold people it would, and now is basically rage quiting etc.  However he does make some solid points.  In my region it is a concern that the CHINESE government could threaten the three largest pools and directly or indirectly control the BTC consensus.  No one talks about this massive third party trust risk, we need to figure this out one way or another.

Is there any way to mitigate that risk? I don't think so...

[long05891]

...When new merchants adopt Bitcoin, it's dying...

What happens if merchants keep cashing out Bitcoin?

[fuathan]

Just thinking stupidly;

Maybe Mike Hearn just sell his btc and try to speculate bitcoin market before halving. Maybe he secretly will buy as many btc as he can after the big btc depreciation.

If halving occurs he could be bloody rich!.. 

[Taratoor]

Just thinking stupidly;

Maybe Mike Hearn just sell his btc and try to speculate bitcoin market before halving. Maybe he secretly will buy as many btc as he can after the big btc depreciation.

If halving occurs he could be bloody rich!.. 

agreed.. also there is some dissappointments on mikes side but this is not ending.

[Yakamoto]

Just thinking stupidly;

Maybe Mike Hearn just sell his btc and try to speculate bitcoin market before halving. Maybe he secretly will buy as many btc as he can after the big btc depreciation.

If halving occurs he could be bloody rich!.. 

I would say this is entirely possible, but I would doubt it unless we are provided with further evidence to support the theory.

The Bitcoin price isn't entirely collapsing, and has been on a minor upswing over the past few hours, so the market might be beginning to start climbing out of the hole.

[benzhi888]

I do think Mike Hearn took a chance with his wallet and career, it didn't pan out how he sold people it would, and now is basically rage quiting etc.  However he does make some solid points.  In my region it is a concern that the CHINESE government could threaten the three largest pools and directly or indirectly control the BTC consensus.  No one talks about this massive third party trust risk, we need to figure this out one way or another.

Is there any way to mitigate that risk? I don't think so...

Yeah there probably isn't with BTC, that is probably why no one discusses this.    

[mayax]

Just thinking stupidly;

Maybe Mike Hearn just sell his btc and try to speculate bitcoin market before halving. Maybe he secretly will buy as many btc as he can after the big btc depreciation.

If halving occurs he could be bloody rich!.. 

S.F. scenario.

he is "rich" because he worked a lot and he has money because he got a very good job.

[KodesCrew]

legends never die. only changes form

[mayax]

and who is the legend?

[btckold24]

Banksters love the blockchain but hate Bitcoin, so now they are (and will be) trying to demolish it so that they can acquire the technology behind it without fears of competition. Am I the only one who sees it as clear as day?

Edit: it's so clear that mainstream media got it as well

http://gizmodo.com/bitcoin-has-died-for-the-89th-time-175321670

Totally agree. You can see right through their agenda!

I never worry to much about the fear mongers

[kanazawa]

a BTC developer(very closed to many investors, exchange owners, miners) is saying many real things about what's going on inside of BTC.

do you believe him so much? well, so sell you BTC's to me! I pay to you U$200 NOW! If you doubt this way, you better jump this boat while it is sinking...

he is "rich" because he worked a lot and he has money because he got a very good job.

and who is the legend?

Are you M. Hearn? Or you just chattering here for free?

---

the problem is the trust in a manipulated market. fake volumes, in a supposed decentralized market ALL the exchangers have the same price. How is come? Nobody is asking itself

So, do you think that, north american, chinee, argentine, russians, brazilians, englishman, dutchmen, japanese, italians, etc, everyone has a manipulated market? So for example, cex.io, genesis mining, huobi, mercado bitcoin, poloniex, xapo, itBit, Bitfinex, Bitstamp, etc, are all manipulated? They fake their trade volumes, so they can't have different volumes of coins to balance or unbalance the whole BTC system? Remember Mt.Gox case? or FBI auctions to sell Silk Road coins? Or the chinese crisis few days ago? So, even been each company in a distinct place of the world this is not a decentralized system? Maybe, they got the "same price" because YOU mind they are manipulating. Have you heard about localbitcoins.com? Have you trade with more than one physical currency, like USD, EURO, GBP, ARS, BRL and using a variety of payment methods, like card, wire transfer or cash? Or you just speaking about what you heard?

If I'm in US and you're in UK, why should I sell (arbitrary) my coins equally than you? It must be balanced by economies, don't you think? Just convert one to another and take the much as you can... free market rules....

For example, in Brazil 1 BTC is sold for ~R$1800, the convertion index is 1 USD x 4,04 BRL, so, take 1800/4,04 = 1BTC sold for U$445 in Brazil (U$65 above the average sold in Bitstamp). So, in Argentina, 1 BTC ~6570 ARS, then, take the index 1 USD = 0.07ARS and do 6570 x 0.07 = U$460. You can pick up random situations (In Belgium in can buy 1BTC to U$400, in Ukraine for U$430) and do some math to see how f******** decentralized the system is.... the spectrum is much larger and opportunities are bigger than trade fiat.


 

[elizabethqueen]

...once again! 

http://bitcoinobituaries.com

yes,one more article about bitcoin death,but i still dont understand about the tittle "Bitcoin has died 89 times" can someone explain me about this,is bitcoin die 89 times?really?

[baazju]

...once again! 

http://bitcoinobituaries.com

yes,one more article about bitcoin death,but i still dont understand about the tittle "Bitcoin has died 89 times" can someone explain me about this,is bitcoin die 89 times?really?

It is a joke, because people keep saying that bitcoin is dead. And this is the 89th time that someone has said it. The number just keeps going up and Bitcoin still has not died. It is sort of a knock it those who have lost faith, because despite what all these people keep saying, Bitcoin survives.

[foggyb]

Just thinking stupidly;

Maybe Mike Hearn just sell his btc and try to speculate bitcoin market before halving. Maybe he secretly will buy as many btc as he can after the big btc depreciation.

If halving occurs he could be bloody rich!.. 

I would say this is entirely possible, but I would doubt it unless we are provided with further evidence to support the theory.

The Bitcoin price isn't entirely collapsing, and has been on a minor upswing over the past few hours, so the market might be beginning to start climbing out of the hole.

Or perhaps he was blackmailed into doing this by people who shorted. I dunno. Just a wild idea.

[Blawpaw]

and it will probably die 89 times more...
Bitcoin has died so many time but the truth is that it is still alive and kicking!

[shogdite]

As soon as the price dips like 10 % loads of people say bitcoin is dead !!! ohh no.

Guess what.... Its not dead and it won't die

Yes the 10% drop is usually what brings the same broken records from multiple accounts who claim this dont actually believe it but they have their own reasons dont they? Articles and news want views and are also probably paid by some big timers to spew out the death of btc to cause the panic which we see over an over. Must be annoying if someone keeps falling for it.

[dk8218]

People with media and other things just wants a point to make it a issue..
Such a stupid argue.. if bitcoin prices down to 380$ it's dead..
How a currency can be dead when it's price is 380$..
And it's a gold of internet.. there is always price changes...
And it's a rule of market... to make a seat there should be changes in price..
Otherwise stable currencies are counted as dead currency on trading market..

[The Sceptical Chymist]

This word, this dead word.  It needs redefining.  If bitcoin is dead while at almost $400, then it can be resurrected and eat the planet whole. 

But really, if there are still people willing to lose their shirts on dice sites and people who need to buy deviant pornography and weapons and drug addicts who need drugs, there'll be bitcoin.  It serves all of these things nicely.