Bitcoin may not be stable, but the comedy gold sure is.
If you look at this handy chart, we see the comedy gold has really stabilized and we don’t anticipate it coming down any time soon.
Has Bruce Wagner pulled off the biggest financial scam on the bitcoin community? UPDATE2 (A long fucking post.)
Bruce Wagner is the host of OnlyOneTV and the organizer of the Buttcoin Conference, and he’s a bit of a character. He seems to hate women and blames them for being victims of rape. He hadvehemently advocatedmoving the buttcoin conference toPattaya, Thailand, which just so happens to be the underage prostitution capitol of the world. Hell, he’s even posted about tips on how to pickup boys for sex.
But Bruce is also a convicted scammer and con man. He’s even fled the state and still owes thousands of dollars in outstanding debts and restitution. He’s had a mortgage fraud scheme backfire on him and been estimated to have stolen over a million dollars from people losing their homes in foreclosure.
And he may have pulled off one of the mostsuccessfulscamson the buttcoin community.
Mah Bit Con!
Twitter is mad about buttcoin
And I don’t mean “mad” as in the Paul Riser kind of way.
The fucked up people of bitcoin and Bruce Wagner’s (predictable) thoughts on rape.
Bitcoin is not succeeding the way many people want, and it’s getting ugly. The bubble at $20-$30 is a long, long way from ever coming back. Whenever a rally comes up, a scam takes the price down again. Any detractors are labeled “trolls” and run off the bitcoin forums. No one has a good business model, they all have ideas but can’t implement them. A bunch of 19-year-old CS majors trying to change the world does not work out. One step forward, two steps back. The only people making money off bitcoin are the exchanges, and those are getting hacked on a weekly basis.
Many of the most vocal supporters of the bitcoin community are the most fucked up people I’ve ever seen. They have such a twisted sense of reality it’s maddening. And it’s through this twisted sense of reality that they are perpetrating the constant frauds and outright scams in the bitcoin community, and causing not just themselves, but friends and family to lose real hard earned money.
On this site I’ve restrained from going into personal opinions of specific members of the bitcoin community. Their opinions are their own and it’s not my place to judge. But as bitcoin becomes less and less of a libertarian science project, and more one long con game, I can’t stop pointing these lunatics out. So I’ll be slicing off some choice cuts for you to chew on and form your own opinions on.
Here’s one great post by non other than bitcoin supporter #1, Bruce Wagner.
For the uninitiated, Bruce Wagner is the co-owner and host of OnlyOneTV. OnlyOneTv is an online TV network, streaming many bitcoin related shows (some in Spanish!) and is by far bitcoin’s biggest cheerleader. He has organized the hilariously deflated Bitcoin conference and was one of the largest victims of the hacking of MyBitcoin, losing 25k coins personally. Through it all, Bruce marches on, flying the bitcoin banner high.
Bruce is also delusional to a point that it’s self destructive. He’s bleeding cash, he’s got a few failed ventures under his belt, and he seems to fall into every bitcoin scam run past him. With the good of his unnatural enthusiasm also comes the bad. He’s simply not right in the head. And with thoughts like this on rape, who is really surprised?
In our modern culture
The Bitcoin Conference is going on RIGHT NOW!
This is beautiful.
“I hope bit con isnt going to be 7 dudes standing around talking”
Watch the live stream here: http://onlyonetv.com/live-mobile-unit/
How much does bitcoin really cost? *waves hands furiously*
The mongoloids at Reddit are a special bunch. Here, someone with 2 brain cells to rub together decides to actually crunch the numbers on bitcoin mining.
Hmm, that’s a pretty valid argument. At what point does the electricity to run the rigs surpass the profit from coins mined. $11mil/year just in electricity costs directly contributed to bitcoins seems very high.
I’m sure the hive mind of Reddit will have a clear, concise answer for the guy. Let’s check out the top-rated comment.
Ah yes, just furiously wave your hands at the question and mention something about gold. Great job guys!
Here’s a bonus comment for you as well:
Bitcoins are not for the casual investor
Not everyone can be a Warren Buffet and time the market just right. Bitcoins, unfortunately, seem to bring out the absolute worst financial gurus.
If anyone knows this guy’s info, please forward it to me. I need to be able to time my investment sells to his investment buys.
Bitcoin August Crash Graph: How low can you go?
Have a fucking chart:
This is the best birthday present ever.
Here’s an appropriate song to go with it.