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Author Topic: Mike Hearn needs to make a full public apology  (Read 3737 times)
JavaLove
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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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rekinthis
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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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BitsandBites
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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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