CNBC: Bitcoin is Alive !!!

[Bitcoinpro]

CNBC has written a very positive Bitcoin piece

http://www.cnbc.com/2016/01/21/bitcoin-isnt-dead-yet.html

here's been a lot written about the death of bitcoin of late.

The digital currency has either failed, or is on the verge of collapse, according to op-eds and quotes in The New York Times, The Washington Post, The Week, The Guardian, Fortune and more. All of these articles hinged on the decision of an influential developer in the bitcoin community to leave the space behind — a move he announced with a blog post.

Despite the technical-sounding nature of those pronouncements, the reasons why former Google programmer Mike Hearn decided bitcoin had "failed" are a complicated story of competing business interests and philosophical considerations that some contend have been blown out of proportion.

[SuperCoinGuy]

The problem was the other media just painted the future pitch black for Bitcoin due to the negatives in Mike Hearn's blog post.

[defaultking]

Bitcoin is a long way from dead or even death. As long as bitcoin continues to be invested in, developed, and improved bitcoin will always be around and most likely be the top dog. It's when bitcoin begins to stagnate and all development is haulted (on the coin itself and 3rd party support) that people should begin to worry.

Bumps in the road is a more accurate description of the current state IMO.

[randy8777]

title of the article is "bitcoin isn't dead yet" it implies that it is still a possibility according to them. the media has always been known to have a hostile approach regarding bitcoin. this article appears to be somewhat neutral compared to other sites. that already can be seen as a good thing. if bitcoin was really nearing its faillure point, then most of the wealthy investors would have pulled back and sell all the coins that they have. it doesn't happen because they trust in bitcoin and think it has a great future.

[arbitrage]

They just don't know what to talk about..
This is hilarious, they just trying to create negative public image , but instead they are creating publicity!?
Why do even bother , we have twitter, youtube, facebook..Share your opinions.

[luckyboys]

They just don't know what to talk about..
This is hilarious, they just trying to create negative public image , but instead they are creating publicity!?
Why do even bother , we have twitter, youtube, facebook..Share your opinions.

bitcoin doesnt belong mike hearn, if he's quit from bitcoin, its doesnt mean bitcoin will disappear.   

[DimensionZ]

They just don't know what to talk about..
This is hilarious, they just trying to create negative public image , but instead they are creating publicity!?
Why do even bother , we have twitter, youtube, facebook..Share your opinions.

Yeah as they say there is no such thing as bad publicity. Maybe even reading the negative articles will inspire people to learn more about bitcoin and become new users

[kheein]

bit media proclaim that bitcoin positive, most of the media reported the negative side of bitcoin. such dinegaraku bitcoin spread negative news, while positive news.

[BTCBinary]

it is either failing or it is succeeding. I actually believe it is succeding and that is here to stay.

Digital currency is a 21st century technmology, and bitcoin its ultimate representation. I don't really think that it could be ending from one day to another.

[oblomov]

Market behavior causes participants to experience emotional extremes.

If BTC goes up 100, there will be new threads here with titles like "Will I be able to retire on 5 BTC?"

If BTC goes down 100, posting activity here grinds to a halt and the mainstream media exploits the fear with stories on the Death of Bitcoin.

Although we can castigate the media for misreporting, the reporters are just human and are experiencing similar emotions as everyone else.

[xdrpx]

There we go, whenever the media finds a source that vaguely without any proof says Bitcoin is dying, they create panic out of it. Now when the word is out that Bitcoin isn't dead, they're saying it's alive. Everything seems like a hype with the media :p

[fox19891989]

of bitcoin is alive, it is never die or going die, actually the transactions boom everyday compared with 2013 price's rising. it means that maybe when China pumps bitcoin again, the price will be higher than the end of 2013, namely 1200 usd. i think may be 2000 usd, let's make serious money from bitcoin in 2016

[LiteCoinGuy]

woohooo! bitcoin is back!

[MingLee]

woohooo! bitcoin is back!

I would not say that Bitcoin is back, more that it never left.

The market will be in turmoil for a while, but we'll see what happens in another week or two.

[Lucius]

of bitcoin is alive, it is never die or going die, actually the transactions boom everyday compared with 2013 price's rising. it means that maybe when China pumps bitcoin again, the price will be higher than the end of 2013, namely 1200 usd. i think may be 2000 usd, let's make serious money from bitcoin in 2016

Exactly so, this should be a significant year for the Bitcoin no matter good or bad media reports but as we know they still affect the price in some way.If the price go up media report will be good,if go down there will be titles that Bitcoin dies.We hope for good news and even better earnings this year-so help us halving and powerful China

[mtnsaa]

We are definitely in the middle of a storm, it's a very bumpy ride, I thought it was over in the past days where the value bounced back to $425 but now many more statements were made against Bitcoin so the price continues to suffer. Hopefully it's nothing long term and Bitcoin can rise again from its own ashes.

[BellaBitBit]

CNBC has written a very positive Bitcoin piece

http://www.cnbc.com/2016/01/21/bitcoin-isnt-dead-yet.html

here's been a lot written about the death of bitcoin of late.

The digital currency has either failed, or is on the verge of collapse, according to op-eds and quotes in The New York Times, The Washington Post, The Week, The Guardian, Fortune and more. All of these articles hinged on the decision of an influential developer in the bitcoin community to leave the space behind — a move he announced with a blog post.

Despite the technical-sounding nature of those pronouncements, the reasons why former Google programmer Mike Hearn decided bitcoin had "failed" are a complicated story of competing business interests and philosophical considerations that some contend have been blown out of proportion.

This is great!  5 days ago or so they were part of the "Bitcoin is Dead" crowd.  This is an amazing fun roller coaster ride. Hearn has to be feeling like a heal at this point.

[mayax]

BTC is going down FAST. The people are selling a lot!

[Kprawn]

Hearn's negativity was like a pebble thrown in a pond..... It has a ripple affect. You get one major news site latching onto the story and the rest will follow like a bunch of wolves.

It does not matter that it was total BS, the only thing that does matter is that it sells news papers and it draws views and subscribers for their sites. The problem is, a

bunch of these sites are not riding the waves, they are throwing more pebbles into the pond. The Cryptsy thing and the Hearn statement came together at the same time and

that created a pretty big ripple in the pond.  

[n2004al]

CNBC has written a very positive Bitcoin piece

http://www.cnbc.com/2016/01/21/bitcoin-isnt-dead-yet.html

here's been a lot written about the death of bitcoin of late.

The digital currency has either failed, or is on the verge of collapse, according to op-eds and quotes in The New York Times, The Washington Post, The Week, The Guardian, Fortune and more. All of these articles hinged on the decision of an influential developer in the bitcoin community to leave the space behind — a move he announced with a blog post.

Despite the technical-sounding nature of those pronouncements, the reasons why former Google programmer Mike Hearn decided bitcoin had "failed" are a complicated story of competing business interests and philosophical considerations that some contend have been blown out of proportion.

The only important thing in all this story is that there are yet persons who think and are not taken from the "wind" or the "storm" of the moment. It is funny because in the same place a "big shot" of JP Morgan has predicted that bitcoin is going nowhere. Luckily this his intervention - at least if followed in a part of it make laugh - seems that have as any kind of importance for the journalists or reporters of this big and important media. And shows even that this media deserve the needed respect for hiring such kind of people. In the end are the hired and working people who make everything important and big or only scratch.

[maku]

Bitcoin is alive for now, but how long? Haern might be angry and problematic individual but he presented some valid points of interest.
Bitcoin as of now might survive for next couple years and what next? It is true that consensus is a myth and bitcoin is controlled by centralized pools of chinese miners.
They care only about current situation: earning money fast, easy mining - of course they don't want changes of blocksize or core protocol upgrades - and that will lead to bitcoin demise in the future.

[cellard]

CNBC is pretty positive lately, also forbes, in case you missed it:

http://www.forbes.com/sites/jonathanchester/2016/01/21/is-bitcoin-dead-1-billion-says-no/#321be69e4d33

Is Bitcoin Dead? $1 Billion In Startup Investment Says No

What we are seeing now is a clear war between 2 fronts, the media that has an agenda to weapon Bitcoin articles that contain massive amount of blatant FUD, and the media that stays objective and tells it like it is.