Posts by :
The buttcoin crash begins
Buttcoin bitcoin, bubble, burst, bust, buttcoin, crash, fail, market, panic, selloff 4 Comments
Someone look at my post yesterday and tell me I wasn’t right on the fucking money with where in the bubble we were.
Someone decides they want to be an internet million, sells off 135k of bitcoins, becoming a millionaire off the backs of broke nerds.
What happens when you place a sell order that large in a market that volitile? It drops like a fucking rock.
Woah, nelly. And it seems to be dropping and dropping more and more every minute.
The currency of the future!
BTW Mt. Gox stands for “Magic the Gathering online exchange”. That is the larget bitcoin marketplace, a discarded MtG site.
Buttcoin Mining Accidents.
Buttcoin accident, blood, fail, injuries, mining, retard, shut-ins, stupid 0 Comment
Buttcoin people are clumsy, fat nerds who have no business being around a computer, let alone trying to run 6 video cards in a pizza box. Luckily Bitcoin Mining Accidents is here to both mock and educate buttcoin miners.
Here’s a great annecdote:
miner
Buy a Buttcoin shirt
Buttcoin awful, bags, crap, garbage, hats, hoodies, merch, mousepad, shirts, terrible 0 Comment
Finally, a use for Buttcoins
Buttcoin bitcoin, black market, blowjob, escort, hooker, prostitution, sex, wallet 0 Comment
Now you can show off what a terrible person you are to everyone
Buttcoin clothing, goddammit, shirt, sperg, terrible 0 Comment
Buttcoin is a P2P currency that can be instantly deleted and lost.
Buttcoin buttcoin, crash, deleted, fail, lost, transaction, wallet 0 Comment
A moment of clarity in the bitcoin community
Buttcoin bitcoin, bubble, burst, crash, fall, gold, oil, rise, speculators, tire iron 1 Comment
Bitcoin forums user kiwiasian realizes that burning electricity to create Monopoly Dollars out of thin air maybe isn’t the best investment.
Seems like a good argument, not sure how you could argue with data like that. An extremely volitile “currency” that rises could just as easily fall, right?
Erm, I’m not sure you’re helping your case here. Luckily kiwiasian helpfully points this out.
Maybe The Koolio could re-evaluate his position now?
Wait, gold hasn’t crashed (it did, in the 80’s)? Oil hasn’t crashed (it did, also in the 80’s)? And what’s with the “global population” argument, that’s the exact thing that ponzi schemes like to blather on about. Luckily the irony isn’t lost on kiwiasian.
Well, when you can’t argue with facts, what do you do? Hopefully they accept his reasoning and move on?
Nope! You just confuse the shit out of everyone until something sounds right.
Well, you see, the price jumped from $1 to $2 (in a few months), a 100% increase! So naturally going from $15 to $30 (in 2 days) is another, natural, 100% increase! No volatility here my friend!
Now, he never did mention why it wouldn’t crash. Luckily billyjoeallen has a great breakdown on the strength of the buttcoin market.
You hear that? NO natural predators, like the mighty Lion in the Serengeti! Of course, the World Economy will crash (and probably have no computer networks or electricity) but I’ll be here with my Buttcoin wallet, sitting pretty.
I’ll finish off with this nutjob trying to compare buttcoin’s bubble to global warming.
Wow.