Mike Hearn exits, sign of big price jump?

[geofflosophy]

I have only been here for one big ride up back in Nov 2013, but I was around for the 6 months leading up to that and I am seeing many similarities between the $120 price range of that October and the $450 price range of now. Other price parallels: 90 --> $250, 260 --> 1200, 1200 --> 5000+? Silk Road --> Scalability.

At the time, there was an incredible amount of good news and press flooding in, only half a year before there had been another big run-up. Adoption was coming, it was on the precipice, and I happened to be one of the adopters at that time.

Then the price tanked back below $90 on the news that Silk Road had been seized. The press declared the end of bitcoin in unison.

Other than scalability, all of the news has been amazing. Paypal just put the founder of Xapo on their board! Microsoft Azure integrating Bitpay and Ethereum in their new blockchain project. Millions being invested in private chains in financial firms. Just all year it's been ticking along without the price cooperating.

Big money is coming in, just look at all of the exchanges that have made it their business to allow whales to come in without effecting the price. But this coin availability inevitably dries up as people like me (though with many more coins) hold.

What if one of these big movers on the buy side decided it was worth it for them to pay off or extort Mike Hearn? Just to tank the price temporarily so that he can get his money in... How farfetched is that really?

Whether extortion or not, the media's call of the end of bitcoin is crazy, and if Mike was earnest in his Medium post then he's driven himself crazy along with them.

[kwukduck]

Total collapse = price jump?
Mental issues?

[jasonjm]

don't need divas like Hearns

and a bitch at that, whines like a bitch on the way out.

long term good.

I have to work with idiots like this all day, who think no one can possibly program like they do, and the world will collapse unless things are done exactly their way. No compromise whiney diva with no people skills.

[tokeweed]

I have only been here for one big ride up back in Nov 2013, but I was around for the 6 months leading up to that and I am seeing many similarities between the $120 price range of that October and the $450 price range of now. Other price parallels: 90 --> $250, 260 --> 1200, 1200 --> 5000+? Silk Road --> Scalability.

At the time, there was an incredible amount of good news and press flooding in, only half a year before there had been another big run-up. Adoption was coming, it was on the precipice, and I happened to be one of the adopters at that time.

Then the price tanked back below $90 on the news that Silk Road had been seized. The press declared the end of bitcoin in unison.

Other than scalability, all of the news has been amazing. Paypal just put the founder of Xapo on their board! Microsoft Azure integrating Bitpay and Ethereum in their new blockchain project. Millions being invested in private chains in financial firms. Just all year it's been ticking along without the price cooperating.

Big money is coming in, just look at all of the exchanges that have made it their business to allow whales to come in without effecting the price. But this coin availability inevitably dries up as people like me (though with many more coins) hold.

What if one of these big movers on the buy side decided it was worth it for them to pay off or extort Mike Hearn? Just to tank the price temporarily so that he can get his money in... How farfetched is that really?

Whether extortion or not, the media's call of the end of bitcoin is crazy, and if Mike was earnest in his Medium post then he's driven himself crazy along with them.

Very good analysis.  Keep it up.

[RyNinDaCleM]

Total collapse = price jump?
Mental issues?

Jump into a hole?

[Pab]

I have only been here for one big ride up back in Nov 2013, but I was around for the 6 months leading up to that and I am seeing many similarities between the $120 price range of that October and the $450 price range of now. Other price parallels: 90 --> $250, 260 --> 1200, 1200 --> 5000+? Silk Road --> Scalability.

At the time, there was an incredible amount of good news and press flooding in, only half a year before there had been another big run-up. Adoption was coming, it was on the precipice, and I happened to be one of the adopters at that time.

Then the price tanked back below $90 on the news that Silk Road had been seized. The press declared the end of bitcoin in unison.

Other than scalability, all of the news has been amazing. Paypal just put the founder of Xapo on their board! Microsoft Azure integrating Bitpay and Ethereum in their new blockchain project. Millions being invested in private chains in financial firms. Just all year it's been ticking along without the price cooperating.

Big money is coming in, just look at all of the exchanges that have made it their business to allow whales to come in without effecting the price. But this coin availability inevitably dries up as people like me (though with many more coins) hold.

What if one of these big movers on the buy side decided it was worth it for them to pay off or extort Mike Hearn? Just to tank the price temporarily so that he can get his money in... How farfetched is that really?

Whether extortion or not, the media's call of the end of bitcoin is crazy, and if Mike was earnest in his Medium post then he's driven himself crazy along with them.

Very much true what you are  saying.But Microsoft  has agreement with Emercoin not bitcoin,Etherum is not  bitcoin,money are going in to technology not bitcoin etc

[Bobsurplus]

I have only been here for one big ride up back in Nov 2013, but I was around for the 6 months leading up to that and I am seeing many similarities between the $120 price range of that October and the $450 price range of now. Other price parallels: 90 --> $250, 260 --> 1200, 1200 --> 5000+? Silk Road --> Scalability.

At the time, there was an incredible amount of good news and press flooding in, only half a year before there had been another big run-up. Adoption was coming, it was on the precipice, and I happened to be one of the adopters at that time.

Then the price tanked back below $90 on the news that Silk Road had been seized. The press declared the end of bitcoin in unison.

Other than scalability, all of the news has been amazing. Paypal just put the founder of Xapo on their board! Microsoft Azure integrating Bitpay and Ethereum in their new blockchain project. Millions being invested in private chains in financial firms. Just all year it's been ticking along without the price cooperating.

Big money is coming in, just look at all of the exchanges that have made it their business to allow whales to come in without effecting the price. But this coin availability inevitably dries up as people like me (though with many more coins) hold.

What if one of these big movers on the buy side decided it was worth it for them to pay off or extort Mike Hearn? Just to tank the price temporarily so that he can get his money in... How farfetched is that really?

Whether extortion or not, the media's call of the end of bitcoin is crazy, and if Mike was earnest in his Medium post then he's driven himself crazy along with them.

Very good analysis.  Keep it up.

LMAO!
 

Pass me that blunt dude. I gotta hit that.

[isvicre]

Oh shit! Mike Hearn quit. This must be the end of Bitcoin!
Bitcoin is doomed, everybody sell now before it's too late. I need cheap coinz.

[WENGER]

Well the price range you mentioned was wrong, even at the time you posted as were on the downward trend now, since one any hald day ago and so far no sign of any jump certainly and it's actually the opposite at the moment.media always tells crazy stuff and we know it since they have to sell the news, reliable or not.

[rdnkjdi]

Do you guys read anything outside of the echo chamber?  Mike has been yelling about this for a year.

Theymos bans coinbase for testing a different client.

He bans Mike too (I think). 

Everything he talks about he has been talking about for a long time.  And he finally reached his conclusion.  This wasn't some overnight thing.  And you think he was just manipulating the market and it's a bullish sign?

[Bobsurplus]

Do you guys read anything outside of the echo chamber?  Mike has been yelling about this for a year.

Theymos bans coinbase for testing a different client.

He bans Mike too (I think). 

Everything he talks about he has been talking about for a long time.  And he finally reached his conclusion.  This wasn't some overnight thing.  And you think he was just manipulating the market and it's a bullish sign?

Forgive the trolls, they dont know any better.

[talks_cheep]

Let me fix the title for you:

Mike Hearn exits, sign of big price DROP!

[Blithe]

Let me fix the title for you:

Mike Hearn exits, sign of big price DROP!

There is no reason the price will have a big drop because Mike Hearn has left the development of bitcoin.

[MRKLYE]

Fuck Mike Hearn and his fucking pity party FUD bullshit.

This is nothing more than a feeble attempt to drop prices to grab more coins before the halvening.

Shame on any fools who panic sells because some princess decides he wants to step out the pool.

[CuntChocula]

Let me fix the title for you:

Mike Hearn exits, sign of big price DROP!

There is no reason the price will have a big drop because Mike Hearn has left the development of bitcoin.

Just a coincidence...

Fuck Mike Hearn

Oh, Klye, almost forgot: when can I watch you fuck on cam? (probably not Mike tho, because no homo. I really like to watch guys copulate with females. In the vagina. Long as I get to see the D every once in a while.)

[tntdgcr]

anyone who has worked in a big team knows , lots of guys kick and scream on the way out , predicted flames fail to follow ....

[Blithe]

Let me fix the title for you:

Mike Hearn exits, sign of big price DROP!

There is no reason the price will have a big drop because Mike Hearn has left the development of bitcoin.

Just a coincidence...

Yeah I think its just a coincidence. China might be dumping some of their coins on the bitcoin exchanges.

[MRKLYE]

Let me fix the title for you:

Mike Hearn exits, sign of big price DROP!

There is no reason the price will have a big drop because Mike Hearn has left the development of bitcoin.

Just a coincidence...

Fuck Mike Hearn

Oh, Klye, almost forgot: when can I watch you fuck on cam? (probably not Mike tho, because no homo. I really like to watch guys copulate with females. In the vagina. Long as I get to see the D every once in a while.)

hahahahhahaha, These days I'm more focused on getting the site fully developed than getting on cam and banging broads.
Also I have a girlfriend now, and she isn't exactly keen on me banging random girls on cam...

However I welcome you to hop online and bang out some broads, or stream some games, Whattever.
KLYEMAX.COM is up and running, hoping to get some folks on their streaming some fun stuff.

edit* sorry for the sidetrack.

[Blithe]

anyone who has worked in a big team knows , lots of guys kick and scream on the way out , predicted flames fail to follow ....

But the guys who are patient and trying to maintain their calm in almost every situation win most of the time.

[crazyivan]

Well, once an asshole like him get out, the market might recognize BTC as being much stronger and push the price up.

So yes, getting rid of FUDsters and weak hands might be good stuff in the end.