Mike Hearn needs to make a full public apology

[isvicre]

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.

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[dropt]

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.

[talks_cheep]

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 Sceptical Chymist]

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.

[Cconvert2G36]

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.

[af_newbie]

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.

[Pro Gamers]

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

[abs350]

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.

[bitcon]

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.

[AliceWonderMiscreations]

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.

[justspare]

Mike Hearn is the meaning of douchebag. Search it up on urban dictionary.  He really does need to make an apology.

[Amph]

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...

[af_newbie]

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.

[disclaimer201]

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.

[~Bitcoin~]

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.

[iCEBREAKER]

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

[pereira4]

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

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.

[gentlemand]

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.

[notaek]

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.

[tss]

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?