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


  1. Anonymous
    February 18, 2013 @ 1:32 am

    You can own shares of SatoshiDice… I think that’s what he meant by investing in SatoshiDice.


  2. RayZ Fox
    March 4, 2013 @ 11:09 am

    What an idiot. First he is putting all his eggs in 1 basket you are supposed to diversify. Second he isnt going to make money with the interest rate his credit card lets say bitcoins go up 20% per year and his credit card charges him 30% he will lose $3000. Its not an inherent fault of bitcoins though. He is just being a dumbass. Give a dumbass 30k and the stock market he will lose his money. They have a television show where dumbasses win the lottery and spend 500 million dollars in 2 years and are homeless there after.


  3. Dajve Bikinas
    March 22, 2013 @ 1:36 pm

    To be honest, as long as he has borrowed relatively small amounts (low 1000s of $) on multiple credit cards the worst that he can expect if he defaults is a shitty credit record (i.e. no more loans, credit cards, mortgages etc. for a long time, not too familiar with the US market but I wouldn’t expect the records to be kept more than a decade). If he doesn’t earn a lot it’s unlikely it’ll be cost effective to go after a chunk of his salary.

    As long as he doesn’t start sending good money after bad (blowing his savings or re-mortgaging his house or something) he’s not going to end up on the streets.


  4. James Russler
    February 16, 2014 @ 8:09 pm

    It’s been a year, and the guy said he was thinking of doing a full write-up…..and has chosen not to, citing a desire to retain his privacy and claiming that he’s “not an attention whore.” Which is a fucking crock of shit, because if he didn’t want to draw attention to himself, he shouldn’t have made the initial post to begin with. He admits to having made some ‘costly mistakes’, though – my guess is he just doesn’t want to admit to the internet just how badly he got burned by his own stupidity.


  5. seahen
    October 16, 2014 @ 3:08 am

    The replies to one of his follow-up posts say he’s at least cashed out the principal of what he invested.


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