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

[dk8218]

Oww media.. they only want a way to make issue..
And if mike Hearn doesn't believing in bitcoin then no problem ..
The time will tell everyone the future...
It's global revolutionary gold of internet.. not only a people can decide the future of it..
And it's a great time that price has been decreased let's buy bitcoin to store them for a price increase..

[Alley]

Full on FUD attack right now.  6 months to halving.  Coincidence?

[ebliever]

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).

[biggus dickus]

The Washington Post published that article because someone high up there read the Hearn story in another paper and decided to copy it. Once one newspaper publishes a story all the others copy it and publish it themselves. This same story will be published by another ten papers before the weekend. None of them want to miss out on publishing something the others already published, and it doesn't matter to them if the story is rubbish.

[prodigy8]

We all know how powerful are the medias (social media, blog, portals or print media)

They can write whatever they want but i am afraid that they will write again for bitcoin.

But in this case for good when the price (I hope) will be increased before and after the halving.

[ShrykeZ]

This kind of anti Bitcoin posts are sort of expected, anything negative and they will jump on.

[Bitcoinpro]

Washington post wat a bunch of C*** Suckers

[wadii33]

This kind of anti Bitcoin posts are sort of expected, anything negative and they will jump on.

yeah now every day  you hear someone wrote or sad that Bitcoin is dying i rhink the only way bitcoin dies is that all of bitcoin users stop using it

[allthingsbtc]

Bitcoin will have a million more deaths along its journey.

[Snail2]

Washington Post is quite often told stupid things. So, who cares? BTW if the Chinese miners start to commit suicide en mass and the buy side will be empty on all major exchanges then I might believe in the end of bitcoin.

[Rotator]

Full on FUD attack right now.  6 months to halving.  Coincidence?

I would call this nice try!

[mayax]

Washington Post is quite often told stupid things. So, who cares? BTW if the Chinese miners start to commit suicide en mass and the buy side will be empty on all major exchanges then I might believe in the end of bitcoin.

you should count that the volumes are fake. all the exchangers have fake volumes(more than 50% are fake just to attract more customers who will think"hey, this exchanger has a lot of transaction. it should be good" )

[ROT13]

just in case you didn't read the other thread, this same author described bitcoin as "one of the 6 technologies which will change the world"  a mere 22 days ago.  I smell clickbait.
https://www.washingtonpost.com/news/innovations/wp/2015/12/28/2015-was-a-tipping-point-for-six-technologies-which-will-change-the-world/

[BellaBitBit]

Just more hilarity from the mainstream media.  Bravo Washington Post, I did not know you had a time machine, or were hiring time travelers.  What they don't know, or are trying to NOT know, is that it is a broad solution for currency in the future.  Lets not forget about the beloved blockchain.

[MicroGuy]

just in case you didn't read the other thread, this same author described bitcoin as "one of the 6 technologies which will change the world"  a mere 22 days ago.  I smell clickbait.
https://www.washingtonpost.com/news/innovations/wp/2015/12/28/2015-was-a-tipping-point-for-six-technologies-which-will-change-the-world/

Whenever you see a BS article like this, just look under the hood and you'll always find a banking connection.

While employed at Credit Suisse First Boston, the banking firm invested over $150 million dollars on a project Vivek Wadhwa was working on. Most likely this article is in repayment for a favor he received at some point. The banks are going to hammer on bitcoin now, try to fragment the community, and proceed with their plans to co-opt the currency.

https://en.wikipedia.org/wiki/Vivek_Wadhwa

It's important to understand, the banks see bitcoin as a threat to their monopoly. And they aren't going to sit around and lose that power without a fight.

[The Sceptical Chymist]

Interesting!  But as I write this, bitcoin is at $386.30, and that means it's not dead and there are plenty of folks who are keeping it alive.  It doesn't surprise me in the least that the MSM is playing it like this, and it's why I don't watch TV or watch news anymore.  Too much false drama.

[CuntChocula]

Interesting!  But as I write this, bitcoin is at $386.30

$378 for me

[maokoto]

Even if it is a bullshit article, it will definitely have an effect on price and sales   bad for Bitcoin in any case, although it will most likely survive.

I am counting on that.

[Za1n]

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.

[MicroGuy]

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. The best way to combat this would be for core to make an announcement and roll out 2MB blocks in the next release candidate. The blocksize was never intended to be a consensus rule anyway.