Washington Post: 'R.I.P. Bitcoin. It’s time to move on'

[CuntChocula]

If I had a bitcoin for every time I heard or read something about its demise, well I would have a lot of bitcoins. Guess time will tell, but seeing the rather mild dip in price attributed to the news it seems most people are taking it pretty well.

I've never seen incoming like this, this amount of orchestrated negative coverage is unprecedented. ...

http://s24.postimg.org/hba8qcrlx/neigh.jpg

Why can't they just leave our bitcoin alone

[chennan]

Notice the article never actually decides on just why Bitcoin is dead. It throws out a random and sometimes incoherent list of attacks on bitcoin, and demands readers accept that conclusion. (The comment about the People's Army controlling bitcoin is just precious - something that is about as sensible as the Washington Post publishing an article seriously claiming that flying monkeys were massing to invade Iran. I'd like to see the author try to defend whatever it was he was thinking on that point.)

I love how they claim bitcoin is dead because it faces growing challenges. But why can't it survive indefinitely as a kind of digital gold (accepting the low transaction limit)? And do they not understand that a core strength of bitcoin is that it is software, able to be redesigned and updated as needed?

The "civil war" is not a problem but a virtue of bitcoin - it shows that people are closely studying proposed changes and arguing it out to ensure that we end up with the best possible result. That's better than a less contentious method that allows errors to be enacted and maintained (ala central bank decisions).

Yeah, I read this article earlier today... and they seemed to make a bunch of claims about bitcoin, which they assume to be FACT without a reasonable doubt.  They try to give viewers a sense of what Bitcoin is, and basically says that it is an anonymous coin that is only used by criminals on the dark web.  This has been the main argument against bitcoin ever sense Silk Road gained traction.  But the reality of it should be the opposite.

I mean sure, people use it all the time on the dark web for drugs and illegal activities... but to say that this coin is a completely anonymous and criminal "ponzi scheme" is really a rush to judgement from the author.  It's not even anonymous, but more a public ledger that everyone can track every coin since the birth of bitcoin. 

I just wish some author from a major news site would take the time to research bitcoin before making false claims and give an unbiased story about bitcoin, whether it shows the true flaws and true potentials... but of course that isn't going to happen for a long time, because main news outlets gain viewers by giving very biased opinions on controversial matters.

[MicroGuy]

I just wish some author from a major news site would take the time to research bitcoin before making false claims and give an unbiased story about bitcoin, whether it shows the true flaws and true potentials... but of course that isn't going to happen for a long time, because main news outlets gain viewers by giving very biased opinions on controversial matters.

There are no unbiased writers. Their opinions tend to side with their paymasters.

While employed at Credit Suisse First Boston, the banking firm invested over $150 million dollars on a project Vivek Wadhwa was working on.

[koshgel]

So much FUD in one article it's disgusting

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity, so it rapidly became a haven for drug dealers and anarchists. Its price fluctuated wildly, allowing for crazy speculation. And, with the majority of Bitcoin being owned by the small group that started promoting it, it has been compared to a Ponzi scheme."

Fuck this guy and his bullshit reporting.

[The Sceptical Chymist]

So much FUD in one article it's disgusting

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity, so it rapidly became a haven for drug dealers and anarchists. Its price fluctuated wildly, allowing for crazy speculation. And, with the majority of Bitcoin being owned by the small group that started promoting it, it has been compared to a Ponzi scheme."

Fuck this guy and his bullshit reporting.

Yep, I'll agree with the part I bolded, and I have no problem with either one of those things even though I'm neither a drug dealer nor an anarchist.  Drug dealers and anarchists also use cash by the way, and I do believe cash was the first haven for both populations.

[teddy5145]

Just let them and their FUD bullshit spitting words out of it
Haters gonna hate

Funny how they say bitcoin is dead while it's only going down like $40
The quality of this news is bad, is this how people at Washington post made their news ?

[Ryananda]

I here want to comment on the title of this post the "RIP Bitcoin".
If I may believe the title is true as well. Evidenced by the current lag bitcoin prices plummeted and there was no increase at all. If the left and did not overcome my fear that someday that bitcoin has no value if it has decreased continuously. If it can overcome the death of bitcoin bitcoin will not occur and would develop. Hopefully next month bitcoin will be increased and will continue to meningat that bitcoin is not dead. Many people who support terutapa bitcoin users, it would be a pity if bitcoin replaced.

[watashi-kokoto]

I here want to comment on the title of this post the "RIP Bitcoin".
If I may believe the title is true as well. Evidenced by the current lag bitcoin prices plummeted and there was no increase at all. If the left and did not overcome my fear that someday that bitcoin has no value if it has decreased continuously. If it can overcome the death of bitcoin bitcoin will not occur and would develop. Hopefully next month bitcoin will be increased and will continue to meningat that bitcoin is not dead. Many people who support terutapa bitcoin users, it would be a pity if bitcoin replaced.

Evidenced by the current lag bitcoin prices plummeted and there decreased continuously. continue to meningat that bitcoin is not dead. Many.

Thanks.

[Ryananda]

I here want to comment on the title of this post the "RIP Bitcoin".
If I may believe the title is true as well. Evidenced by the current lag bitcoin prices plummeted and there was no increase at all. If the left and did not overcome my fear that someday that bitcoin has no value if it has decreased continuously. If it can overcome the death of bitcoin bitcoin will not occur and would develop. Hopefully next month bitcoin will be increased and will continue to meningat that bitcoin is not dead. Many people who support terutapa bitcoin users, it would be a pity if bitcoin replaced.

Evidenced by the current lag bitcoin prices plummeted and there decreased continuously. continue to meningat that bitcoin is not dead. Many.

Thanks.

If the price dropped continuously bitcoin will die and it is dangerous for its users. It had to be addressed by the bitcoin.
But I think bitcoin will not die, and hopefully the bitcoin address this issue seriously

[SmartIphone]

Full Story: https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/

~~

I think we need to start taking this media coverage seriously and start demanding that core clean up its act.

While employed at Credit Suisse First Boston, the banking firm invested over $150 million dollars on a project Vivek Wadhwa was working on.

I am afraid that it can be a sponsored article to make people feeling that the time has come to sell all of the bitcoins, bitcoin will continue there are many other developers maybe better than Mike

[Anegg]

Bitcoin is not even close to being dead. Have you seen the price. It has risen quite a bit.

[Rescue Squad]

Bitcoin is not even close to being dead. Have you seen the price. It has risen quite a bit.

Yeah I think this is because of the Chinese bank news from yesterday. It will stay probably above $400 for now.

[LuckyYOU]

I think most of this is some bs
I don't really pay attention to the mainstream news about bitcoin
It's always negative and never any good.

[madonnino]

I think most of this is some bs
I don't really pay attention to the mainstream news about bitcoin
It's always negative and never any good.

I would correct what you said with:i don't really pay attention to news in general, all the biggest media are puppets of politics 

[Amph]

Bitcoin is not even close to being dead. Have you seen the price. It has risen quite a bit.

the price can be manipulated easily by big farm, because they need to have their profit but anyway...

i'm not interesting in their bullshit anymore, why we should care about what they think about bitcoin, if everything they say is putting bad light on it, and they also don't care at all about bitcoin itself

[Jet Cash]

Bitcoin is stabilising and maturing. It's now hit puberty, so you can expect some extreme behaviour. Just carry on with Bitcoin as your friend, and keep it off drugs, and it will soon become a good productive worker.

[matete]

These are just mere attacks on Bitcoin by the mainstream media. As I write this post, the price of bitcoins is at $413.22. So what does this tell you. Bit oinks is here to stay and as long as it will continue to grow strong, it will always be under attack.

[Newcoins2020]

Say what this just non-sense if bitcoin was dead I doubt that price is still fine.
So this is just a troll bitcoin can't just disappear like that I mean how can all those money disappear.

[aleandromagno]

This is the 90th time that Bitcoin has died so far.

Discredit to buy, large investors, they always use the same moves ..

and if they want to buy bitcoin also big investors .... something interesting is a bitcoin..

[watashi-kokoto]

This is the 90th time that Bitcoin has died so far.

Discredit to buy, large investors, they always use the same moves ..

and if they want to buy bitcoin also big investors .... something interesting is a bitcoin..

It keeps happening. I wonder what the tomorrow's news going to be.