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Author Topic: Bitcoin is dying?!  (Read 3018 times)
erickkyut (OP)
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June 06, 2016, 06:43:55 AM
 #1

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?
Rubberduckie
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June 06, 2016, 06:48:01 AM
 #2

Look at the chart?

looks healthier than ever. Its just rising and rising and
people arnt pulling out profits its just more people getting in
before it gets to 600.

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June 06, 2016, 06:54:16 AM
 #3

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

Thats old news, The price seems to be on the constant rise at the moment and is higher than it has been for some time. I dont think bitcoin is dying somehow.

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June 06, 2016, 07:02:22 AM
Last edit: June 07, 2016, 12:02:44 AM by X-ray
 #4

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?
You need to check about the future or other information about bitcoin on some reliable source. In fact the bitcoin price is rising up.Does we can assume bitcoin is dying for now? Let's think again and searching the reliable website to get a best information.

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June 06, 2016, 07:09:02 AM
 #5

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

Mike Hearn had a personal agenda against the Bitcoin Core developers because they didn't share his views about the future of Bitcoin development so he decided to call it quits and leave the team. I think his blog post was more of a personal vendetta against the Bitcoin community than a reasonable resignation letter. But as we can see the Bitcoin price has started rising even though the halving hasn't even started yet so I am inclined to believe that Bitcoin has a bright future ahead despite the droves of naysayers saying otherwise. Mike Hearn's anger and disappointment probably got the better of him but this doesn't mean that his statements hold water right?
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June 06, 2016, 08:37:00 AM
 #6

I will say this directly to make things clear: Mike Hearn is an idiot who sold himself to the banks. It's as simple as that. If I recall correctly, they knew at that R3 conference (there's a video about it) that the negative blog post and article (from NY times) were coming. It was planned.

I dont think bitcoin is dying somehow.
In other words: He was spreading hyperbolic FUD. I remember the time when Bitcoin "required" 20 MB blocks or it was going to die, and yet here we are.

Mike Hearn's anger and disappointment probably got the better of him but this doesn't mean that his statements hold water right?
He has the same amount of credibility like Gavin does now. None that is.


For those that are reading this, watch the following video for a free laugh: Hitler finds out about Mike Hearn and the bitcoin dump.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
Erzatium
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June 06, 2016, 08:41:59 AM
 #7

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

Mike Hearn had a personal agenda against the Bitcoin Core developers because they didn't share his views about the future of Bitcoin development so he decided to call it quits and leave the team. I think his blog post was more of a personal vendetta against the Bitcoin community than a reasonable resignation letter. But as we can see the Bitcoin price has started rising even though the halving hasn't even started yet so I am inclined to believe that Bitcoin has a bright future ahead despite the droves of naysayers saying otherwise. Mike Hearn's anger and disappointment probably got the better of him but this doesn't mean that his statements hold water right?
Dont think the bitcoin would die that fast. He is just new there are allot of people who dont even know about it and off course they will meet the coin and than he will be very big!
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June 06, 2016, 08:44:13 AM
 #8

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

IMO the guy just wants to spread some bad news about Bitcoin to lower the price. Then he'll buy a lot knowing that Bitcoin will go up anyway.

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hermanhs09
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June 06, 2016, 08:50:08 AM
 #9

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

That guy's just spreading some FUD around about bitcoin. He probably still owns bitcoin, but he just gave up on the project. He's probably just salty that he can't be a part of the dev team.

Seriously, there is no reason for anyone to think that bitcoin is dying. Rather, it's thriving.
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June 06, 2016, 08:52:32 AM
 #10

i wonder why there's still exist a bitcoiners whose believe mike hearn since mike was proven to make a big lie on his statement recently
bitcoin now is more alive than mike hearn himself

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June 06, 2016, 08:56:59 AM
 #11

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?
I think that Bitcoin is becoming more popular especially with the price moving up again that is attracting allot of people. I will not sell all my coins just yet I am going to wait a bit longer.
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June 06, 2016, 09:02:16 AM
 #12

I dont think the bitcoin is dying dont you all saw the rise in these view weeks. I dont think he would die ever but there are allot of people who also need to use the coins instead of only using gold if that happen look what the bitcoin can be.
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June 06, 2016, 09:04:27 AM
 #13

Best joke I have heard all year, oh wait, I hear it every other week. Bitcoin has been around for years, and it probably will for decades to come and there is nothing that can bring it down in the foreseeable future, unless you get another crypto which has totally new never seen before innovations and is not for profit

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June 06, 2016, 09:10:31 AM
 #14

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

Mike Hearn had a personal agenda against the Bitcoin Core developers because they didn't share his views about the future of Bitcoin development so he decided to call it quits and leave the team. I think his blog post was more of a personal vendetta against the Bitcoin community than a reasonable resignation letter. But as we can see the Bitcoin price has started rising even though the halving hasn't even started yet so I am inclined to believe that Bitcoin has a bright future ahead despite the droves of naysayers saying otherwise. Mike Hearn's anger and disappointment probably got the better of him but this doesn't mean that his statements hold water right?
why is everybody thinking that the bitcoin is dying because he isnt dying for sure. There are allot of people who just need to know the coin and what you can do with it the future of the bitcoin would be very nice.
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June 06, 2016, 09:20:39 AM
 #15

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?
if that was true,i guess bitcoin have dying since long time ago,since bitcoin founded it was dyig because it not any regulate and nobody can make usre is bitcoin will defend or lost in short time.
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June 06, 2016, 09:50:50 AM
 #16

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?
Lol, bitcoin will never die this year 2016 look at the bitcoin chart. The chart is going up, like it will never stop, Mike is a hater of bitcoin he just want to dump the price of bitcoin
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June 06, 2016, 09:57:05 AM
 #17

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

Those are only bullshits. It is enough to see the price of bitcoin the last days. Is increased more than 25%. If a product is failing never can be verified its increase of price. Are only stupidities of someone who feel that is leaved behind in this matter and want to attract attention.
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June 06, 2016, 10:08:58 AM
 #18

Well Bitcoin is not failing at the moment for sure. It may struggle from time to time, but the one thing that will never fail is the block chain technology  Wink This is like when the internet was discovered - it is new, not many people use it, not many people understand how it works, but eventually it changed the world. So I think it is and it will be the same scenario, until it's finally accepted worldwide and become the currency of the future.

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June 06, 2016, 10:21:59 AM
 #19

According to Mike Hearn's blog, he said the Bitcoin is failing and dying so he sold all his Bitcoin. Is it really true or it is just his marketing strategy?

This blog post is a few months old now!
And when you check for instance the price since that time do you think Bitcoin is going to die?
I mean serious!Would people invest a shitload of money in something that is almost dead?
Just think about that for two minutes, check the charts and then you'll know the answer. Wink
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June 06, 2016, 10:24:35 AM
 #20

No need to think of those unworthy statements put forth by hearn. Already it has over come various issues before he put forth his statement. Now too its going good on the rising side with high growth percentage.

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