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Author Topic: Mike Hearn needs to make a full public apology  (Read 3737 times)
abs350 (OP)
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January 15, 2016, 07:48:58 PM
Last edit: January 15, 2016, 08:02:02 PM by abs350
 #1

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

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January 15, 2016, 07:50:53 PM
 #2

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. That is the way we can get the price to finally move up.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

Troll on trollmaster.
You're doing a fabulous job.
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January 15, 2016, 07:51:20 PM
 #3

Dont worry it gives the "Its the bottom, great buying opportunity, buy now or regret it!" guys some fresh ammo lol
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January 15, 2016, 07:52:34 PM
 #4

Dont worry it gives the "Its the bottom, great buying opportunity, buy now or regret it!" guys some fresh ammo lol

LOL.

yes..

Buy btc please. I have orders set on all the majors to sell my btc.
I'll buy back in at $130 for the last bounce to $250.
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January 15, 2016, 07:58:52 PM
 #5

Mike Hearn was responsible for the flash crash this past August with the hard intro of XT, so this makes twice he has moved the market. He should never be allowed near bitcoin again as he has proven himself arrogant and reckless. The market recovered from August and will recover from this also just give it some time.

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January 15, 2016, 08:30:13 PM
 #6

Mike Hearn was responsible for the flash crash this past August with the hard intro of XT, so this makes twice he has moved the market. He should never be allowed near bitcoin again as he has proven himself arrogant and reckless. The market recovered from August and will recover from this also just give it some time.

Agree with all your words.But there is one problem!Bitcoin is open source!And whenever this guy wants to be part of Bitcoin again, we can't do nothing.The only thing we could do is to reject every future work he would do as a whole community.But also this will never happen.There are more than enough naive followers who really are 100% backing him up for every word he has said. That's is sad and crazy.
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January 15, 2016, 09:27:42 PM
 #7

Mike Hearn was responsible for the flash crash this past August with the hard intro of XT, so this makes twice he has moved the market. He should never be allowed near bitcoin again as he has proven himself arrogant and reckless. The market recovered from August and will recover from this also just give it some time.

Agree with all your words.But there is one problem!Bitcoin is open source!And whenever this guy wants to be part of Bitcoin again, we can't do nothing.The only thing we could do is to reject every future work he would do as a whole community.But also this will never happen.There are more than enough naive followers who really are 100% backing him up for every word he has said. That's is sad and crazy.


I agree with this 100%. We need to confront this guy and make sure he can never have anything to do with bitcoin again.

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January 15, 2016, 09:42:57 PM
 #8

You didn't lose money if you still hold bitcoin. You still have the same amount as before..

This drama just shows how people blindly trust some people and their opinions. This will be a good lesson for bitcoiners..
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January 15, 2016, 09:43:02 PM
 #9

We need to confront this guy and make sure he can never have anything to do with bitcoin again.

+1! Confront him, drop our pants, and touch his butt.
And also make him touch our butts.
This is totally punitive ofc, no homo.
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January 16, 2016, 12:53:12 AM
 #10

We need to confront this guy and make sure he can never have anything to do with bitcoin again.

+1! Confront him, drop our pants, and touch his butt.
And also make him touch our butts.
This is totally punitive ofc, no homo.

We have to confront him. It will give people more confidence in bitcoin.

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January 16, 2016, 12:55:55 AM
 #11

Mike Hearn was responsible for the flash crash this past August with the hard intro of XT, so this makes twice he has moved the market. He should never be allowed near bitcoin again as he has proven himself arrogant and reckless. The market recovered from August and will recover from this also just give it some time.

He will never be part of Core again, and Core is all that matters as we have seen with XT, no body ran nodes for that piece of shit, and nobody will run nodes for Bitcoin Classic and other alt wannabes. They are fighting a losing battle.
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January 16, 2016, 12:59:22 AM
 #12

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

Such BS. If Mike was so wrong and a hindrance to the project... the market would have rallied with the news he was quitting Bitcoin for good.

The real reason for the drop is that we very well may be firing Blockstream Core as the development team for Bitcoin this spring. That means uncertainty, lots of it, markets hate uncertainty. Already, half of the hashrate has signed on to the direction of Bitcoin Classic, and it isn't even released yet. Comparing it to XT is a display of ignorance.

The good news, once the fork goes off without a hitch, 1MB4EVA crowd rage dumps, we can rally HARD... and have the extra capacity to do it.  Smiley
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January 16, 2016, 01:06:39 AM
 #13

No he doesn't need to apologize. Only the community is guilty of bitcoins current messy situation.

We have to stop scamming around and start working on making bitcoin work for the future.

What many of us are doing is just killing it, which also means killing your own investment.

Acknowledge existing issues and try to work on it instead of playing blame games and pump and dumps.
We want something to change the world for the better right?

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January 16, 2016, 01:08:56 AM
 #14

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.


Price is 370$ not 60$,if there is sell off after   few words of some guy.It is not reason,it is speculative move before price will goes up .Much more hurt Cryptsy scandal,it is new MtGox

 
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January 16, 2016, 01:12:10 AM
 #15

Cryptsy event is completely irrelevant.  The amount of coins stolen is so incredibly small.

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January 16, 2016, 01:16:41 AM
 #16

Nobody lost money because of this guy.

You only lost money if you panicked and sold and it then quickly goes back up, and then that is your fault, not his fault.

If it goes down and stays down (doubtful) then it was over-valued before his statement and you only lost money if you bought when it was over-valued.

-=-

However what may happen is Mike Hearn causes the perceived value to be under-valued which gives some people the opportunity to make money by buying while it is artificially low.

I hereby reserve the right to sometimes be wrong
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January 16, 2016, 01:17:54 AM
 #17

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

I'm unable to tell if this is sarcasm?

I've seen a lot of "He was morally wrong to do X, Y, Z" or "he hasn't contributed as much as blah blah blah" from people who have done nothing.

I have yet to see any type of logical correction to his article.  Not once.  Not from Theymos, not from forum mods, not from small block trolls.  Only character assessments.  Which speaks volumes to me - Mike attacked personalities less and ideas more than his counterparts are doing.

Quote
He will never be part of Core again, and Core is all that matters as we have seen with XT, no body ran nodes for that piece of shit, and nobody will run nodes for Bitcoin Classic and other alt wannabes. They are fighting a losing battle.

You do realize they have commitments from 50% of the miners / pools at this point and are in negotiations with another 23%?  Quite frankly with as much class as the 1mb 4 ever crowd has shown I think they should do a 51% fork.  Let the group who's been pulling all this shit (DDOS, censoriship that would make North Korea proud, etc) feel the pain of picking the wrong side.
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January 16, 2016, 01:19:51 AM
 #18

lmao as shit (sorry but jokingly in fact), Mike Hearn does not really need to apologize on this bitcoin crash (this is a fact). he has his logic that could be  real, though people consider Mike as a gullible. he would be genius if he exposed something deadly from bitcoin and try to fix it. really, this crash will be recovered soon. Smiley

Cryptsy event is completely irrelevant.  The amount of coins stolen is so incredibly small.

+1 because majority of the traders there had withdrawn their money before the cryptsy gets "hacked".

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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January 16, 2016, 01:25:06 AM
 #19

The drop will give offortunity to more people to buy in a descent price. But how long Will it takes to recover the losses? I mean the losses done for a day or less but the recovery will?
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January 16, 2016, 01:31:11 AM
 #20

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

why? what he said?
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January 16, 2016, 01:33:04 AM
 #21

He doesn't need to apologize anyone. He's just a manipulator/speculator like everyone else. Everybody have right to explain their thoughts, no matter how stupid it is. Smiley
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January 16, 2016, 01:56:51 AM
 #22

He will never be part of Core again, and Core is all that matters as we have seen with XT, no body ran nodes for that piece of shit, and nobody will run nodes for Bitcoin Classic and other alt wannabes. They are fighting a losing battle.

I will be running a Classic node, and as of right now, at least 50% of the miners and others like Coinbase intend to as well.

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January 16, 2016, 02:44:05 AM
 #23

Mike Hearn did more for bitcoin than all of you put together. History will record this moment as the time when bitcoin blew up. All you haters and butthurters will be sorry that you didn't listen to Mike. Truth hurts. Sell your worthless coins now. We're going down HARD. Why do I feel like a broken record?

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January 16, 2016, 02:45:51 AM
 #24

No, we don't need to do any of that crap.  He has an opinion and the right to voice it, and said opinion's effect on the price of bitcoin means fuck-all.  OP you should stop trolling.  It's against the rules and it makes you look stupid over the internet.

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January 16, 2016, 04:51:26 AM
Last edit: January 16, 2016, 05:18:29 AM by Cconvert2G36
 #25

Mike Hearn did more for bitcoin than all of you put together. History will record this moment as the time when bitcoin blew up. All you haters and butthurters will be sorry that you didn't listen to Mike. Truth hurts. Sell your worthless coins now. We're going down HARD. Why do I feel like a broken record?

The miners are firing Blockstream Core... that's bullish in the long term. Time to sell was last week when Core took an email from gmax as gospel and the price was $450.
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January 16, 2016, 05:09:35 AM
 #26

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

A guy sold few hundred coins.  Who cares? 

His post is just one guy's opinion.  He reminds me of a finance professor

http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12

Both did not understand where is the innovation in bitcoin.

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January 16, 2016, 05:26:19 AM
 #27

Is it possible he sold his coins at rate of it was at the time then after the price went down he buy again?
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January 16, 2016, 07:53:21 AM
 #28

Is it possible he sold his coins at rate of it was at the time then after the price went down he buy again?

We should see an investigation into it. Mike Hearn can be arrested by SEC for market manipulation.

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January 16, 2016, 07:56:49 AM
 #29

Cryptsy event is completely irrelevant.  The amount of coins stolen is so incredibly small.


i think the Cryptsy goxxing has a lot to do with this crash.  13,000 btc and 300,000 ltc isnt chump change.
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January 16, 2016, 07:58:52 AM
 #30

Is it possible he sold his coins at rate of it was at the time then after the price went down he buy again?

We should see an investigation into it. Mike Hearn can be arrested by SEC for market manipulation.

I believe only if he is in United States which I don't believe he is or if he used a United States exchange. Or if whatever country he is in has similar laws.

I could be wrong about that.

I hereby reserve the right to sometimes be wrong
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January 16, 2016, 08:21:17 AM
 #31

Mike Hearn is the meaning of douchebag. Search it up on urban dictionary.  Grin He really does need to make an apology.
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January 16, 2016, 08:36:04 AM
 #32

Cryptsy event is completely irrelevant.  The amount of coins stolen is so incredibly small.

do not understimate the panic selling that few coins can create, that the real damage not the amount of coins

the bad news itself, can start a huge downtrend in not time, like it happened already

also what Mike is saying, is not even that true, there are proposal for the issue he is describing, he just mad because none was accepting his altcoin...
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January 16, 2016, 10:41:02 AM
 #33

Cryptsy event is completely irrelevant.  The amount of coins stolen is so incredibly small.

do not understimate the panic selling that few coins can create, that the real damage not the amount of coins

the bad news itself, can start a huge downtrend in not time, like it happened already

also what Mike is saying, is not even that true, there are proposal for the issue he is describing, he just mad because none was accepting his altcoin...

+1

The bad news will all fade away.  Making it to NY times pretty much makes the 'news' fully realized, i.e. those who wanted to sell, sold.  There might be more selling as it snowballs to low 300s (a big maybe), but then we'll have an explosive bounce.  Just watch.

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January 16, 2016, 05:06:49 PM
 #34

Mike Hearn was responsible for the flash crash this past August with the hard intro of XT, so this makes twice he has moved the market. He should never be allowed near bitcoin again as he has proven himself arrogant and reckless. The market recovered from August and will recover from this also just give it some time.

He will never be part of Core again, and Core is all that matters as we have seen with XT, no body ran nodes for that piece of shit, and nobody will run nodes for Bitcoin Classic and other alt wannabes. They are fighting a losing battle.

XT was utter BS, but Bitcoin Classic is the way to go imo. Why would anyone stick to core with 1MB block sizes as if it was 2010? It doesn't allow Bitcoin to scale and will create absurd fees for all users the more BTC is adopted. Bitcoin Classic is simply another hard fork in the evolultion of Bitcoin. If you want to be a hardcore purist, the current version of Bitcoin isn't Bitcoin either, it's a fork! BTC has been forked several times to adapt to requirements of usability and growth.
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January 16, 2016, 05:14:47 PM
 #35

Yes he should be apologized for his statement. But i think we all who love bitcoin will never gonna get fooled by this so crack developer. I think after this statement if he still come back after sometime to be part of developer he should not be allowed to do so.

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January 16, 2016, 05:23:15 PM
 #36


I will be running a Classic node, and as of right now, at least 50% of the miners and others like Coinbase intend to as well.


Are you actually brave enough to transfer coins with your trendy _Classic thingy, or is it just a useless vanity node?


I hope that they get 75% miner support right away so that I can watch their miners saying, "Oh shit, we just mined a ton of worthless altcoins!".

lol rekt


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January 16, 2016, 05:36:40 PM
 #37

He will never be part of Core again, and Core is all that matters as we have seen with XT, no body ran nodes for that piece of shit, and nobody will run nodes for Bitcoin Classic and other alt wannabes. They are fighting a losing battle.

I will be running a Classic node, and as of right now, at least 50% of the miners and others like Coinbase intend to as well.



Because you are clueless, no disrespect. Anyone with a brain would never give trust to some developers that have never demonstrated shit and have clear connections to banks/CIA and an underlying agenda vs supporting developers that have delivered fantastic and creative stuff like seg wit or CT amongst a million other entries that are for the betterment of the experience and to decentralize nodes and keep it more anonymous. Let's remember Mike Hearn only had 3 entries in github for Core lol. Im going to quote this fantastic reddit post that tells it like it is

Quote
So far the core dev community has years of substantial and successful contributions under its belt, while the alt implementations have a smattering of developers who have not yet publicly proven (besides perhaps Gavin--although his early mistakes with block size estimates is concerning) they have the skills and endurance necessary to maintain a full node implementation. Perhaps now it is time that we focus on the personalities who many want to trust Bitcoin's future. Let us see if they can improve the speed at which signatures are validated by 7x. Or if they can devise privacy preserving protocols like Confidential Transactions. Or can they figure out ways to improve traversal times across a merkle tree? Can they implement HD functionality into a wallet without any coin-crushing bugs? Can they successfully modularize their implementation without breaking everything? If so, let's welcome them with open arms.

But Mike is at R3 now, which seems like a better fit for him ideologically. He can govern the rules with relative impunity and there is not a huge community of open source developers, researchers and enthusiasts to disagree with. I will admit, his posts are very convincing at first blush, but ultimately they are nothing more than a one sided appeal to the those in the community who have unrealistic or incomplete understandings of the technical challenges faced by developers maintaining a consensus critical, validation-heavy, distributed system that operates within an adversarial environment. Mike always enjoyed attacking Blockstream, but when survey his past behavior it becomes clear that his motives were not always pure. Why else would you leave with such a nasty, public farewell?


Mike Hearn was responsible for the flash crash this past August with the hard intro of XT, so this makes twice he has moved the market. He should never be allowed near bitcoin again as he has proven himself arrogant and reckless. The market recovered from August and will recover from this also just give it some time.

He will never be part of Core again, and Core is all that matters as we have seen with XT, no body ran nodes for that piece of shit, and nobody will run nodes for Bitcoin Classic and other alt wannabes. They are fighting a losing battle.

XT was utter BS, but Bitcoin Classic is the way to go imo. Why would anyone stick to core with 1MB block sizes as if it was 2010? It doesn't allow Bitcoin to scale and will create absurd fees for all users the more BTC is adopted. Bitcoin Classic is simply another hard fork in the evolultion of Bitcoin. If you want to be a hardcore purist, the current version of Bitcoin isn't Bitcoin either, it's a fork! BTC has been forked several times to adapt to requirements of usability and growth.

Because we don't need 2MB when segwit is around the corner and trusting some random devs vs time tested devs is stupid. If you don't understand how risk/reward segwit is better than a hard fork for a 1MB increase you got some reading to do.
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January 16, 2016, 06:18:35 PM
 #38

If it can't survive one snubbed silly sausage then btc belongs on the scrapheap. Internal politics is far likelier to kill it off than sinister fictional bankers.
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January 16, 2016, 08:27:26 PM
 #39

No need for that.
Clever ones aren't that ignorant.

And as long as Bitcoin is in the mainstream media, everyone, alongwith newbies are gonna start learning about it and for that they surely need to buy a significant amount of Bitcoins.

After Mike left the community very few of them (foolish ones) actually followed his path and were trying to influence their peers during the process.
But the major fact for it's price to go down is due to the expenditure on year-ending holidays, as well as Cryptsy Craptsy's downfall.

Hope it will diffuse soon. Wink

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January 16, 2016, 10:18:20 PM
 #40

Dont worry it gives the "Its the bottom, great buying opportunity, buy now or regret it!" guys some fresh ammo lol

LOL.

yes..

Buy btc please. I have orders set on all the majors to sell my btc.
I'll buy back in at $130 for the last bounce to $250.


is this sarcasm or do you actually think were slipping to $130 anytime soon?
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January 17, 2016, 01:01:10 PM
 #41

Dont worry it gives the "Its the bottom, great buying opportunity, buy now or regret it!" guys some fresh ammo lol

LOL.

yes..

Buy btc please. I have orders set on all the majors to sell my btc.
I'll buy back in at $130 for the last bounce to $250.


is this sarcasm or do you actually think were slipping to $130 anytime soon?

some one try to spread panic... with 130 $ from 450 $ (and not 250$) we will see the crash of the price!
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January 17, 2016, 01:35:02 PM
 #42

He's not going to apologise and this is probably secretly what he wanted. Just look at what little it took for his words to have a drastic impact on bitcoins price. If it can fall by $100 or whatever just by someone saying its doomed (which was fud) then it makes me a little concerned for the future of btc What happens if a few prominent people say its dead? Are we going to see a fall by hundreds of dollars based on that? Someone saying something bad about bitcoin shouldn't have such an effect.
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January 17, 2016, 01:36:04 PM
 #43

Mike Hearn does not have to make an apology. His action proves the resilience of the bitcoin system. The price did not crash to $200 or below.

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January 17, 2016, 04:22:17 PM
 #44

He's not going to apologise and this is probably secretly what he wanted.

I dont think there is much of a "secret" about it. Its not a conspiracy or anything, its just really hard to assume that he had no idea about short/midterm consequences of his actions. Unless he is really just a butthurt manchild who performed a ragequit without much of a backthought.

Mike Hearn's blog post is the absolute perfect example of a raging narcissist throwing a fit. His post will go down in time as one of the stupidest acts made by someone with his intelligence and influence. We will be reading and laughing about him for decades to come.

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January 17, 2016, 04:51:18 PM
 #45

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

Ha ha - I can see that the church of bitcoin is strong as ever.
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January 17, 2016, 05:09:28 PM
 #46

He's not going to apologise and this is probably secretly what he wanted.

I dont think there is much of a "secret" about it. Its not a conspiracy or anything, its just really hard to assume that he had no idea about short/midterm consequences of his actions. Unless he is really just a butthurt manchild who performed a ragequit without much of a backthought.

Mike Hearn's blog post is the absolute perfect example of a raging narcissist throwing a fit. His post will go down in time as one of the stupidest acts made by someone with his intelligence and influence. We will be reading and laughing about him for decades to come.

We will be reading and laughing about him for decades to come.
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January 17, 2016, 05:17:00 PM
 #47

Well looks like he made profit out of this. I would not wonder if he bought more coins... Greedy assholes never can get enough. Thats why we live in such a bloody world were people kill each other to have more and more...

btw. when I google Mike Hearn, it looks like he invested some of his coins on steroids

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January 17, 2016, 06:07:08 PM
 #48

He's not going to apologise and this is probably secretly what he wanted. Just look at what little it took for his words to have a drastic impact on bitcoins price. If it can fall by $100 or whatever just by someone saying its doomed (which was fud) then it makes me a little concerned for the future of btc What happens if a few prominent people say its dead? Are we going to see a fall by hundreds of dollars based on that? Someone saying something bad about bitcoin shouldn't have such an effect.

He is not just someone. After reading this blog he wanted to make a statement, which he clearly did.
Question is will something happen now?
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January 18, 2016, 06:10:22 AM
 #49

He's not going to apologise and this is probably secretly what he wanted.

I dont think there is much of a "secret" about it. Its not a conspiracy or anything, its just really hard to assume that he had no idea about short/midterm consequences of his actions. Unless he is really just a butthurt manchild who performed a ragequit without much of a backthought.

Mike Hearn's blog post is the absolute perfect example of a raging narcissist throwing a fit. His post will go down in time as one of the stupidest acts made by someone with his intelligence and influence. We will be reading and laughing about him for decades to come.

We will be reading and laughing about him for decades to come.

So say we all.

Hearn@sigint.google.mil has set the bar for whiny rage quitting so high, we shall not see his like again.   Sad


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January 18, 2016, 06:25:28 AM
 #50

Was it really because of him though. I have done some thinking and I don't think it is completely his fault. Other people have also said this.


 
 
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January 19, 2016, 12:06:57 AM
 #51

No he doesn't need to apologize. Only the community is guilty of bitcoins current messy situation.

We have to stop scamming around and start working on making bitcoin work for the future.

What many of us are doing is just killing it, which also means killing your own investment.

Acknowledge existing issues and try to work on it instead of playing blame games and pump and dumps.
We want something to change the world for the better right?
How is centralizing nodes by raising the blocksize a good way to solve the situation? the blockstream guys are the ones trying to solve the scalable problem without fucking up decentralization in process. Get a grip.
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January 19, 2016, 11:22:06 AM
 #52

Was it really because of him though. I have done some thinking and I don't think it is completely his fault. Other people have also said this.

The media here is writing about him as being one of the most important persons in Bitcoin. So it can be seen as being partly his fault. I say partly because people with common sense wouldn't value his word since he is working on getting rid of Bitcoin with his alternative project. All he say is done to harm Bitcoin.
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January 31, 2016, 09:06:37 PM
 #53

He's not going to apologise and this is probably secretly what he wanted.

I dont think there is much of a "secret" about it. Its not a conspiracy or anything, its just really hard to assume that he had no idea about short/midterm consequences of his actions. Unless he is really just a butthurt manchild who performed a ragequit without much of a backthought.

Mike Hearn's blog post is the absolute perfect example of a raging narcissist throwing a fit. His post will go down in time as one of the stupidest acts made by someone with his intelligence and influence. We will be reading and laughing about him for decades to come.

We will be reading and laughing about him for decades to come.

He has some points. I believe the bitcoin block size will rise soon to at least 2MB. Otherwise, it will not be adopted widely.

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January 31, 2016, 09:40:46 PM
 #54

Mike Hearn told the truth as he saw it. So far, he has proven correct. Governance is FUBAR.

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January 31, 2016, 09:44:01 PM
 #55

mike hearn still lurks around.

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February 11, 2016, 02:02:49 PM
 #56

mike hearn still lurks around.

Yes. He is still online today. But he has not posted since September 2015. He wants to know about the forum.

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February 12, 2016, 12:21:28 AM
 #57

I doubt that he have been paid to say that line in order to make them allow to buy more bitcoin.

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February 12, 2016, 02:24:12 AM
 #58

If one guy making a negative comment drops the price that much maybe we should be concerned about the longivity of bitcoin.

However, IMO its not so much what he said as just a shift in opinion that the devs can't agree on anything

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February 12, 2016, 06:52:26 AM
 #59

I doubt that he have been paid to say that line in order to make them allow to buy more bitcoin.

One who has been much attached to particular thing won't give statements for money. He was there from the early days as well during most hard times of bitcoins. This finds to be his statement which has been made a false statement by the growing bitcoin technology.
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March 12, 2016, 10:58:30 PM
 #60

Thanks to this guy Mike Hearn the price went down $60 today. Alot of people have lost a lot of money and it's all because of this guy.

In order to get back our money we need to find this guy and make him take back all the bullshit and lies he wrote in his blog. He will be making a full public media apology for his actions and a confession that he is a troll and FUD master.

So if you know Mike Hearn, his address or any information about him please post it. We need to contact him personally and let him know he is responsible for people losing their hard earned money. And we need to ask him what he is going to do about it.

he really needs to, because he was so dumb talking all that crap, people really lost a lot of their money, he created a huge panic wave probably just to buy bitcoins cheap for himself, but atleast 1 good thing is that people won't trust him and what he says anymore
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March 13, 2016, 01:58:18 AM
 #61

No he doesn't.

He's not responsible for ignorant, naive people who believe everything they hear and sell quickly.

Let me ask you: if you Walmart, Target, Amazon and Microsoft all said Bitcoin was dangerous and to stop buying, causing people to lose money, should they apologize? No. Whether they were doing that to manipulate the economy doesn't matter. What matters is that you fell for his tricks and deception and sold when you shouldn't have. Accept it and move on.

Bear in mind that when you own a share, the price will go up or down. Doesn't matter what the price is now you can always wait for it to go up again. Remember, you have not lost anything unless you have sold. If you sell, then you've lost. If you wait for the price to go up, sell and make a profit, you still won.

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Ya-ing
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March 13, 2016, 02:04:53 AM
 #62

Well in fact, best thing to do was to sell at that moment and buy some dollars lower  Grin. Probably much of the selling was due to that: people who knew panic will come and chosed to sell and rebuy at a lower price.

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March 13, 2016, 03:17:10 AM
 #63

No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.

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March 13, 2016, 06:44:54 PM
 #64

No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.

well he does need to apology, he wanted to create panic so price would fall and he could buy bitcoins for small price, lots of people that trusted bitcoin had to sell it because price dropped really low and really fast so they thought that bitcoin will die

 
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makingwin1
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March 13, 2016, 07:28:17 PM
 #65

No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.

well he does need to apology, he wanted to create panic so price would fall and he could buy bitcoins for small price, lots of people that trusted bitcoin had to sell it because price dropped really low and really fast so they thought that bitcoin will die
well, we cant say that he wanted to create panic as he seems to have told his own opinion and he did not tell anyone to avoid it

i dont think he needs to apologize but it would definitely be a good thing as people would be more confident about buying more btc
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March 13, 2016, 08:16:26 PM
 #66

No one needs to do anything. "Caveat emptor"

You bought Bitcoin knows the risks and volatility, and you pay the price both ways either in your favor or not.
New people buying Bitcoin are driven mainly by greed and possible gains that the Bitcoin may achieve.
They forget that the volatility is a two-sided blade that may hurt you, if you are on the wrong side at the wrong time.

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March 13, 2016, 08:35:41 PM
 #67

Mike Hearn did affect the market a lot, but I believe it will recover just fine in a little time.
Sad to know that it dropped so much in only a day.
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March 13, 2016, 10:07:38 PM
 #68

Mike Hearn did affect the market a lot, but I believe it will recover just fine in a little time.
Sad to know that it dropped so much in only a day.

I don't feel he has to make an apology. He shared his vision towards bitcoin and left.
End of story. Know bitcoin and it's community and he can go their own seperate ways.

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April 22, 2016, 11:07:11 AM
 #69

I would like to thank Mike Hearn. Without his comments, the price would not consolidate for such long time.

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