Quote from: RyNinDaCleM on January 17, 2015, 06:15:48 PM

Many of you are missing the underlying point of his statement. I sense his disgust with the community and what people have done to this new technology. Most of us in speculation offer no real advancement to the network, the tech or the economy.
I'm not excluded in this, but I do have projects in development to try to give back in a way other than being a part of price discovery.
He already said in the OP that he would tell people to buy and hold for two years. He also said nothing is wrong with the tech. It's the people around Bitcoin that are the problem. He did not say he was selling out and done with Bitcoin. I gather that he is done with this community and nothing more.

Good bye, wobber. Get well

If one's experience with bitcoin is limited to this forum, I get where he's coming from. This place has obviously always had ignorant trolls (as well as smart trolls), but during the 2011 bear-market troll-fest, the signal-to-noise on good discussion was much better than today. Now, it seems, on this forum, even aside from the haters, there's far far more ignorance than there used to be.

In any event, this place has become more price-driven, in terms of general sentiment, than any other part of the wider community. Twitter, reddit, zapchain, and most importantly, the people who are actually building products and services surrounding bitcoin offer far better discussion, and a much less emotionally-driven long-term outlook.

It's simultaneously frustrating and amusing to observe the sentiment on this forum and in certain media outlets (ahem: NYT), in contrast with what's actually happening in terms of ecosystem development. Hard for people see the breadth and depth of what's really happening, I guess, if they just look at price charts and snarky headlines.

FWIW, if $/BTC had gone in a straight line from the $100 it was at in Sept 2013 to the $200 it's at today, it would be a *very* different narrative; probably focusing (correctly) on the tremendous ecosystem development we've had in the past year or so. But humans just react pretty dumbly to volatility in general, so you get all the emotional nonsense instead. Oh well - it's a long-term process either way.