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

8 Comments

  1. Broadwing
    October 2, 2013 @ 2:17 pm

    Looks like it’s only down 15% now. Pretty good recovery. Now, the next few days should be interesting as more people figure out that the main reason for using Bitcoins is gone.

    Reply

    • Fluxity
      October 2, 2013 @ 2:19 pm

      Probably people buying from Bitstamp and selling on Mt.Gox for profit.

      Reply

      • Broadwing
        October 2, 2013 @ 2:28 pm

        Yeah. I’m taking the recovery with a grain of salt, since you know the true believers were all buying. Or, as you say, using it for arbitrage.

        Reply

    • RandomJackass
      October 3, 2013 @ 7:17 am

      Whether it recovers or not isn’t really the issue. It just goes to show how volatile the BTC market is; and why it’s terrible as a currency.

      Reply

  2. RedditUsersKnowItAll
    October 5, 2013 @ 8:55 am

    It’s back up due to price manipulation. It will be interesting when that manipulation stops.

    Reply

  3. anon
    November 8, 2013 @ 3:26 pm

    hahaha saving this entry for posterity

    Reply

  4. Ahahaa
    January 19, 2014 @ 9:05 am

    Hahaha, you sure predicted the ‘fall of bitcoin’ now. You continued ability to predict market movements is truely awe inspiring.

    Reply

    • Fluxity
      January 19, 2014 @ 3:05 pm

      Please tell me what was wrong in the post because right now I’m just assuming you’re a dummy who can’t be bothered to read a 2 paragraph article.

      Reply

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