I am Buttcoin. I write about Bitcoins - but with butts.


  1. Anon ymous
    March 28, 2013 @ 3:20 pm

    seriously, FU!
    dont make it more of a panic just because some dumb ass decided to sell himself short and cash out his bitcoins
    right now would actually be the time to buy!
    its low, get it before it hits 1000USD/btc


  2. Panzerbadger
    March 28, 2013 @ 3:23 pm

    Don’t worry, tis but a minor correction. Some shitty site somewhere lets you pay for something with Bitcoin, so the fundamentals are looking strong..


  3. Jm Jm
    March 28, 2013 @ 3:31 pm



  4. Bitcoin!
    March 28, 2013 @ 3:52 pm

    Yeah, it’s back up now. 20% Drops and gains are just the normal features of the Currency of the Future. If you don’t have enough change for that deluxe cheeseburger, just wait 20 minutes. But don’t wait 40 minutes or you won’t be able afford anything but the free water cup!


    • David Wendt
      March 28, 2013 @ 4:06 pm

      If you could actually find somewhere willing to let you spend Bitcoins for that deluxe cheeseburger, we wouldn’t be having this problem. The price volatility of Bitcoin is directly connected to the lack of Bitcoin merchants, and the lack of Bitcoin merchants is connected directly to the price volatility of Bitcoin. Accepting Bitcoin means pegging your prices to the exchange rate (which is the opposite of how a functioning economy works), which is so volatile because everyone with Bitcoin has to dump it for cash to spend it due to a lack of Bitcoin merchants. And pegging your prices to the exchange rate means learning how exchanges work and either overpricing your goods or getting screwed over whenever MtGox’s trade lag spikes (which is all the time).

      You’ll notice no real economy pegs prices to the exchange rate for very long. (This is also why games are twice as expensive in Australia.) Price volatility is a bad thing.


  5. Anonymous
    March 28, 2013 @ 4:02 pm

    You have no idea how this game works.


  6. ClementC
    March 29, 2013 @ 12:22 pm

    Hahahahaha. I saw “Bitcoin over $100!” and my immediate reaction was “looks like time to short!”

    I didn’t actually do it because I’m broke, but it appears my instincts were spot-on.


    • Mickey_disqus
      April 3, 2013 @ 5:51 am

      And now it’s back up over 140. Trusting your instincts in currency trading is a way to lose money fast. The market can stay irrational far longer than you can stay solvent.


      • Clint Shaw
        May 10, 2013 @ 4:05 am

        wise words…i see the force is strong in you. What do you suggest then? Make a logic guess and then do the opposite?


  7. broosky
    March 31, 2013 @ 4:59 pm

    Every time the price drops you scream the sky is falling. Then after a few hours or days the price is back where it was. How much longer will you keep posting these retarded posts?


  8. Philippe
    June 24, 2013 @ 8:54 am

    wow the price of bitcoin is dropping ? breaking news ! what about the price of corn ? rice ? gold ? yep it’s going up and down that’s life and if you behave like an animal following the emotion of the herd then maybe you shouldn’t trading anything at first


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