Looks like hearn was right

[hector3115]

The honey badger met her match.  It's over, banks win.

[1715127748]

1715127748

[kama]

why did he do that explanation ? why did not just exited from the bitcoin world ? seems like .. he is still inside

[hector3115]

Seriously I think this was exactly the response he was hoping for to get people's attention.  Bitcoin classic will get done which will by us time til segregated witness comes along or something better.  They don't call bitcoin honeybadger for nothing.

[spiderbrain]

Over means bitcoin trades for $0 and there will be a lot of buying between then and now.

[maokoto]

If you think about it, BTC is today exactly the same as yesterday. With the addition that is cheaper. Seems like a good time to buy.

I do not think that Bitcoin developers or even Satoshi, or Gavin, who have lots and lots of coins will allow for it to fall and go worthless. Perhaps even Mike is buying now again.

Who knows, really.

[kwukduck]

It was pretty obvious bitcoin was dying for everyone in the light.
A lot of people tried to hide, twist and censor the facts. Mike Hearne finally exposed them.

[hector3115]

This is officially the 88th time bitcoin has been called dead and you still believe it each and every time!  Lol, maybe the 89th time you'll learn!!

[AliceWonderMiscreations]

If you think about it, BTC is today exactly the same as yesterday. With the addition that is cheaper. Seems like a good time to buy.

I do not think that Bitcoin developers or even Satoshi, or Gavin, who have lots and lots of coins will allow for it to fall and go worthless. Perhaps even Mike is buying now again.

Who knows, really.

It's over $150 up from this time last year.

[spiderbrain]

It was pretty obvious bitcoin was dying for everyone in the light.
A lot of people tried to hide, twist and censor the facts. Mike Hearne finally exposed them.

Better cash your cheque from your banking overlords soon, kwukduck, looks like they might be heading for another crisis before too long

[hdd3go]

Hearn is not right, he is the exact reason why Bitcoin is falling, sooner it will rise up again though.

[xdrpx]

I honestly feel a lead developer shouldn't have quit so easy. I'm waiting for Andreas to explain why he disagrees on what Mike Hearn has blogged about in next weeks LTB talk. Andreas is of the opinion that engineering solves problems, but I'd like to know what kind of engineering and how.

[kwukduck]

Hearn is not right, he is the exact reason why Bitcoin is falling, sooner it will rise up again though.

So you're saying bitcoin doesn't have big problems like a huge backlog of unconfirmed transactions caused by it being unable to scale in its current form?

Please enlighten us? We have to acknowledge the problems and work to find solutions, not put dirt in our eyes and hope it goes away and we can sell coins to the next fool that is unaware of current problems.

[spiderbrain]

Yeah, I don't think bitcoin is anywhere hear failing, but it is having trouble growing, and people seem to be in two camps about how to solve it; either people pay more for transactions, making it a high value transaction network and thus less inclusive, or we increase the block size, making it harder for people to run full nodes and therefore less decentralised. Both sides seem to have mostly given up talking to each other, but hopefully Mike's hissy fit might do something to start the conversation up again.

[nichu]

so whats the story here, will the price goes below 320 if so its really bad

[crazyivan]

You FUDsters need to take your pills on time.

Then you should find a way to spend your energy in a more constructive way.

[zivone]

I read his blog and I can see his point makes sense but no one can tell or exactly predict what will happen to bitcoin in the future. Lets just wait and see. If more users are just waiting for the price to drop for them to buy then there is good chance the price gets better.