KING OF FUD! DISCLAIMER: I own .05 bitcoins.

33 Comments

  1. ithinkerer
    February 14, 2013 @ 5:26 pm

    So how big would Bitcoin have to get before you realize that your site is worthless?

    Reply

  2. ithinkerer
    February 14, 2013 @ 5:27 pm

    So how big does Bitcoin have to get before you realize that your site is worthless?

    Reply

    • Fluxity
      February 14, 2013 @ 8:32 pm

      If my site is so worthless, then why are you the only one commenting on here?

      Reply

      • ithinkerer
        February 15, 2013 @ 9:15 am

        Because I’m am sadistically addicted to having pointless “discussions” with people who are painfully misguided by their own ignorance. Here is the difference tho: you will never change your opinion about Bitcoin (regardless of how widely adopted it is), you will probably continue to rail against it, eventually I will just get bored of your banter and move to something more entertaining. So until then, I guess I’m the biggest fan of your site! Congrats 🙂

        Reply

        • killhamster
          February 15, 2013 @ 12:42 pm

          “I’m am [sic] sadistically addicted to having pointless “discussions” with people who are painfully misguided by their own ignorance.”

          So you post on the Bitcointalk forums and r/bitcoin then do you?

          Reply

          • ithinkerer
            February 15, 2013 @ 2:57 pm

            No, I generally go for the MOST misguided ones, like this one :).

          • C W
            February 19, 2013 @ 2:32 pm

            If you were that secure, you wouldn’t need to constantly check back on the “haters” and how they mock your sincere beliefs.

          • ithinkerer
            February 19, 2013 @ 9:04 pm

            I’m very insecure, that’s why I feed off the ignorance of others… it boosts my self confidence :).

          • Fluxity
            February 19, 2013 @ 9:05 pm

            I’m sick of your comments flooding my inbox, please get fucked.

    • John Andersson
      February 15, 2013 @ 10:35 am

      Probably when village idiots stop being the majority of buttcoiners.

      Reply

      • ithinkerer
        February 15, 2013 @ 12:21 pm

        It’s like saying “the Internet is shit, because there are a bunch of village idiots who use it.”

        Reply

        • killhamster
          February 15, 2013 @ 12:41 pm

          icymi the internet is actually shit

          Reply

          • ithinkerer
            February 15, 2013 @ 2:56 pm

            No, I totally get it: you might actually think that Bitcoin or the Internet is a good thing, but you just despise all the assholes that pollute it.

          • John Andersson
            February 15, 2013 @ 3:44 pm

            I doubt that buttcoins will ever be good, but who knows. Maybe scientology will become the biggest religion in the world.

            Anyway, the difference between buttcoiners and youtube commenters/internet assholes is that one is actually funny and the other just makes sane people go stabby. Does buttcoin.org suddenly make sense? :}

          • ithinkerer
            February 15, 2013 @ 6:29 pm

            And none of that stuff has anything to do with the viability of Bitcoin. As you know, it’s already pushing $300 million market cap and it’s doing it fast. Let’s see where it goes 🙂

          • LJ superstar 2004
            February 16, 2013 @ 12:52 pm

            “$300 million”

            The US (and many other countries) can fart and make $300 million happen. Buttcoins are a drop in the bucket.

          • ithinkerer
            February 16, 2013 @ 10:17 pm

            Well, things don’t just happen overnight. The fact that the market cap was less than $150 million 6 months ago is a pretty indicative that the drop is growing. Who knows how big it will get, but I’m willing to wager ANY of you here that the market cap will continue to increase for many years to come. Let’s do the ultimate test: I’m willing to put up 1,000 of your favorite US dollars that Bitcoin will double by August :). Any takers?

          • C W
            February 19, 2013 @ 2:31 pm

            As long as Amway, Scientology, and Ron Paul still exist, I wouldn’t bet against any mass idiot movement.

          • ithinkerer
            February 19, 2013 @ 9:01 pm

            Amway, Scientology and Ron Paul are not widespread or mainstream by any means. I’m talking about widespread mainstream adoption… I’m willing to bet money that it will happen with Bitcoin. So if you doubt it, then bet against me :).

          • Fluxity
            February 19, 2013 @ 9:04 pm

            Shut the fuck up about this fantasy of us trying to bet you and then you using it as some “proof” that we agree with you.

          • Fluxity
            February 16, 2013 @ 10:18 am

            “you might actually think that Bitcoin or the Internet are a good thing, ”
            No, I still think that bitcoin is worthless garbage.

          • ithinkerer
            February 16, 2013 @ 10:24 pm

            I’m sure you do… but if you think it’s so garbage, why don’t you put your money where your mouth is? I’m willing to bet you 1,000 of your favorite US dollars that Bitcoin will double in the next 6 months. I’m willing to bet you $10k that it will hit $2 billion market cap in a year. We can even make it a long term bet… the longer the time, the more I’m willing to bet. So if you think that Bitcoin is shit and it will fail, then put some money on the line and let’s test who is really right here. 🙂

          • Fluxity
            February 17, 2013 @ 4:13 pm

            I’m not talking about price of a single bitcoin, I’m taking about it functioning as a currency. Bitcoin is not seeing widespread adoption, it’s seeing a bunch of moron clinging to a deflationary currency and hoping they can sit on their pile of internet funbux until it swells in value. It has “value” like gold has value, but no one trades in gold. Same thing with bitcoin, it’s rising in value because some guy is betting some other guy that he can buy it before the value drops again or goes flat. As far as actual adoption, you have Silk Road and then a couple high profile websites that are ultimately taking in USD through some bitcoin 3rd-party processors.

            Your “currency economy” is pure shit, isn’t growing, and has many faults to prevent widespread adoption. Just hearing people yell “no chargebacks!” like it’s a good thing for consumers are completely missing the point.

          • ithinkerer
            February 17, 2013 @ 7:13 pm

            Let’s bet on widespread adoption then :). I’ll put $10k that within 5 years bitcoin will get widespread adoption.

          • Fullerene
            March 30, 2013 @ 9:28 am

            You seem to be confused regarding the purpose of a currency versus what a speculative investment (e.g., tulip bulbs and Beanie Babies) are.

    • C W
      February 19, 2013 @ 2:30 pm

      If you have to remind people that you can actually think you’re probably failed before you started.

      Reply

  3. John Andersson
    February 14, 2013 @ 5:27 pm

    But why support the fia banksters when they could just get a host that takes buttcoins.
    https://en.bitcoin.it/wiki/Trade#Dedicated.2FVirtual_Server_Hosting
    28 that has dedis, minus 4 that whois timed out on.
    24 left, 11 of those were registered during june-july (summer hosts that somehow survived?).

    And they list whether you can register anonymous and over tor, in case reddit wants get serious about CP.

    Reply

    • killhamster
      February 15, 2013 @ 12:44 pm

      Some of this appears to resemble a language.

      Reply

      • Fluxity
        February 16, 2013 @ 10:17 am

        He means that most of those bitcoins hosts have been abandoned, like every other business built on bitcoin.

        Reply

      • John Andersson
        February 16, 2013 @ 11:59 am

        Use your imagination.

        Reply

  4. Reddit's spends more money on managing bitcoin transactions than it actually receives - Buttcoin - The P2P cyrpto-currency for butts. - Buttcoin - It's Bitcoins with Butts! - Buttcoin.org
    March 6, 2013 @ 5:08 pm

    […] much for the Reddit Grand Experiment in bitcoins. Reddit CEO Yishan just announced the monetary stats for accepting payments of Reddit […]

    Reply

  5. Electronica Beast
    March 10, 2013 @ 12:37 am

    Working a bit yellow I see; granted, I knew it was that terrible place as soon as I saw the title.

    Reply

  6. Bitcoiners can't take a joke; get very, very mad at funny computer man. - Buttcoin - The P2P cyrpto-currency for butts. - Buttcoin - It's Bitcoins with Butts! - Buttcoin.org
    May 1, 2013 @ 4:14 pm

    […] here did was write a hit piece on bitcoins. A hit piece so scathing, so scandalous that it got Reddit in a a full on panty twist. Clocking in at a massive 250 words, this piece of filth got so much […]

    Reply

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