Are you with Mike Hearn? Has Bitcoin failed? Is it Dead

[lordquanta]

* It is better to lock this thread as the basis on which this thread started is long gone.
* If you wish start thread about Mike's actions.

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[pooya87]

ht tps://ww w.washingtonpost.com/~/2016/01/19/~~~

it is funny that apart from only one person the rest of the previous 21 comments didn't even pay attention to this, and mindlessly replied.
the article is too damn old. it is from 13 months ago (1 year+) and even if you have forgotten, Mike Hearn was full of shit and butthurt.

and on top of that bitcoin price was $450-$380 ish back then and this FUD caused a nice dip that i clearly remember buying at, and we can see how this "supposedly dead" thing is thriving at $1000+ price and is getting adopted all over the world.

each day we hear another good news about a new country or a new big service adopting bitcoin. these days the Africa is the top news.

[Sled]

If the bitcoin is dead then why we are still here? And also, why the price seems so high if the bitcoin is already dead?
Bitcoin cannot died easily because it has strong foundation and great support from its community. Those posts are surely fake because that is just a trying hard hype but it will not make an effect for bitcoin.

[canah17]

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

Well i would not believe this article because its really impossible that in washington they declare bitcoin is dead as you heard of the 80 or 90 percent of the news of the internet is falls alert believe it or not i think you should know about that but if that news is real its only in washington its not a harm to bitcoin and its their lost because now bitcoin is increasing its number and more expensive in the internet by that bitcoin is the source of all internet problems

[Idrisu]

Bitcoin is a decentralized crypto currencies which is not control by a single government. If united states of American want to band bitcoin they can go ahead. Either it was regulate or not regulated bitcoin cannot be killed as it cannot be control by single individual or group. The beauty of bitcoin is that the more governments reject it the stronger it became and the higher the trading volume increased.

[asriloni]

January 19, 2016

Who cares!!!!! at least if the bitcoin just get the approval from the SEC and that already makes me buy more bitcoin and put them in my cold storage for a long time later.

[Hydrogen]

These fake news stories remind me of Saruman the White from the Lord of the Rings books.

Saruman had the ability to make people believe the things he said were true.

But his power was broken when he tried too hard to make too many believe in his lies.

CNN, WaPo and many other "fake news" outlets could fit that profile.

 

[icecube45]

Bitcoin is a decentralized crypto currencies which is not control by a single government. If united states of American want to band bitcoin they can go ahead. Either it was regulate or not regulated bitcoin cannot be killed as it cannot be control by single individual or group. The beauty of bitcoin is that the more governments reject it the stronger it became and the higher the trading volume increased.

I think the news was made to reduce the interest of people to use bitcoin, so that  many people began to doubt using bitcoin and leave. It was a fake news and I think it could not be accounted for with bitcoin situation now. You're right, bitcoin is decentralized so that no person or institution that can control, only users who has control of bitcoin. During bitcoin have a users I think it will continue to grow.

[machinek20]

Anyone can declares bitcoin is dead, or any newspaper announce bitcoin is dead, but bitcoin will never be dead if there are users that using it for transaction, the power of bitcoin is in the people not in the government or media

[talkbitcoin]

some people want their names to be written in the history and not everyone can be a hero, we need jesters and idiots too. and this is one of the examples of the second group. Mike Hearn is now a part of history as an idiot who was butthurt and spread some FUD.

it is one year later from that article and it will soon be 10 years and we will still be laughing at him. some of us not and some others will understand and laugh later.

[just_Alice]

I'm wondering who are those 2 people who have voted for "Yes - please accept my condolences." Bitcoin right now is more alive than ever and its price in USD only proves that.

IMO Washington Post is not the place where to look for reliable information. Forbes and Financial Times are much better in that regard.

[Xester]

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

Its just a fraud news or they are planning something. Bitcoin is a threat to the US dollar its because through this cryptocurrency has the tendency to replace the US dollar and they will try to destroy it in its early stage. Second thing is maybe they want people to panic so they will sell their bitcoins the White House will buy huge volume when the price goes down. Remember Trump is a businessman and it could be just his business strategy.

[mindrust]

I hope Washington Post is right on this one. Because i sold my coins from 1020$ and desperately waiting in a bull trap to buy them back from a lower price. We need neither an exchange hack, or a nicely build FUD or anything else i don't care. Just bring the prices down.

Jokes, aside. Nobody reads the cartel media anymore. Internet opened many eyes. Torrent, Bitcoin, Trump and Gold will rule the world forever from now on. FIAT, Obama, CNN, DRM are old news. R.I.P

[wxa7115]

The Washington Post also said Trump would lose and Hillary would win. Womp, womp, womp, WOOOMMMP.

At this rate is way more likely that the Washington Post is the one to disappear if they keep publishing stuff that does not turn out to be the truth, but this is the problem with modern media instead of informing the public they give their opinions and no one cares about their opinion.

[sakinaka]

I am surprised no one actually posted the statistics of how much time has been declared dead. This over one hundred times, so do not worry ! I do not understand people that are saying that Bitcoin is dead. It has never been that healthy : the transaction volume is very high (some people see this as a bad thing, but more people coming equals more transactions, except if you are dumb), the price is healthy, the PBOC thing seems to have addressed the fake Chinese volume. All is fine in this peaceful world !

[gabmen]

It doesn't look like it at this point though. I think contrary to being dead, btc is becoming stronger at a bit more stable at this rate. I'm not really sure about the basis ofnthis article or it may have been written at a time when bitcoin was down but right now btc is very much alive and most likely continue like this for the coming months

[olubams]

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

This is not the first time I am reading this and a lot of other prophecy proclaiming the demise of bitcoin. and some will even still come out again to announce its death. Sometimes I even wonder if bitcoin is immortal and cant die?. In my own country, I have even ready in one release where bitcoin is being likened to a ponzi scheme that will crash very soon but alas we are still here and even Switzerland is even taking giant strides in the use of bitcoin... But they wont stop but little did they know that all the prophesy of death is actually bringing in more popularity...

[wxa7115]

https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/?utm_term=.1d3cad23101a

The Washington Post declares bitcoin dead!

"Bitcoin was born with serious flaws.  It was unregulated and provided anonymity." - Uhh, actually these are a few of the reasons people liked it! And the weaknesses identified are two-fold: (1) Chinese ownership of mining and thus the money supply at creation, and (2) the transaction volume limitations.

They also allow those not familiar with Bitcoin's development to believe that Mike Hearn was a a creator. No knock to Mike at all, but developers and creator are quite different in Bitcoin. It's easy for anyone to assume that those two words mean the same thing. And here's Mike's blog post for reference: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.k7osat9yg

This is not the first time I am reading this and a lot of other prophecy proclaiming the demise of bitcoin. and some will even still come out again to announce its death. Sometimes I even wonder if bitcoin is immortal and cant die?. In my own country, I have even ready in one release where bitcoin is being likened to a ponzi scheme that will crash very soon but alas we are still here and even Switzerland is even taking giant strides in the use of bitcoin... But they wont stop but little did they know that all the prophesy of death is actually bringing in more popularity...

Don't listen to them this is the same as those false prophets claiming the end of times is near and the Apocalypse is coming and they have always been in the wrong, let them with their foolish prediction while we reap the rewards of investing in bitcoin.

[szpalata]

The doomsayers always keep talking and Bitcoin keeps mesmerizing their thoughts, I have read countless times about such false predictions and Bitcoin always comes out stronger each time. Look at the current trends and soaring up of Bitcoin and tell me if it really looks dead? This is a real goof OP, please come again.

[Theb]

What? A currency that is declared dead is worth 1097$ per Coin. Maybe we can say it is dead, or being dead is a good thing meaning it is a rarer type of currency. But Bitcoin right now with an active demand for it cannot be declared dead as it is being use right now for different transactions from buying games to the conversion of Fiat, I won't consider it to be dead because until now the demand is growing everyday.