oil – Buttcoin Foundation http://www.buttcoinfoundation.org Buttcoin - It's Bitcoins with Butts! Wed, 07 Jun 2017 22:27:42 +0000 en-US hourly 1 https://wordpress.org/?v=4.7.5 We did it guys, we caused the bitcoin crash! http://www.buttcoinfoundation.org/we-did-it-guys-we-caused-the-bitcoin-crash http://www.buttcoinfoundation.org/we-did-it-guys-we-caused-the-bitcoin-crash#comments Sun, 12 Jun 2011 08:03:26 +0000 http://buttcoin.org/?p=140 Give yourselves a round of applause! All your tweets and twats and whatnot about this site apparently brought down the entire market! Currency of the future indeed! Actually, we didn’t do jack shit, we’re just a humorous blog on the internet. His point about telling me that oil didn’t crash and then showing a graph […]

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Give yourselves a round of applause! All your tweets and twats and whatnot about this site apparently brought down the entire market! Currency of the future indeed!

free market, bitches

Actually, we didn’t do jack shit, we’re just a humorous blog on the internet.

His point about telling me that oil didn’t crash and then showing a graph where oil crashed is just ripe to be explored further, but unfortunately the bitcoin site has limited discussion of anything bitcoin related to the “old miners” now. Newbies are no longer welcome in the world of buttcoin.

EDIT: I just noticed he’s trying to prove oil didin’t crash in the 80’s by showing me a graph of oil dropping in 2008. What a useless bag of hot air. How about a new graph you sack of shit.

LOOK AT THE 80S

Does that giant spike look like anything to you? IT’S A FUCKING BUBBLE AND CRASH

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A moment of clarity in the bitcoin community http://www.buttcoinfoundation.org/a-moment-of-clarity-in-the-bitcoin-community http://www.buttcoinfoundation.org/a-moment-of-clarity-in-the-bitcoin-community#comments Thu, 09 Jun 2011 16:21:33 +0000 http://buttcoin.org/?p=96 And it does not go well. Bitcoin forums user�kiwiasian realizes that burning�electricity�to create Monopoly Dollars out of thin air maybe isn’t the best investment. Seems like a good argument, not sure how you could argue with data like that. An extremely volitile “currency” that rises could just as easily fall, right? Erm, I’m not sure […]

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And it does not go well.

Bitcoin forums user�kiwiasian realizes that burning�electricity�to create Monopoly Dollars out of thin air maybe isn’t the best investment.

Seems like a good argument, not sure how you could argue with data like that. An extremely volitile “currency” that rises could just as easily fall, right?

Erm, I’m not sure you’re helping your case here. Luckily kiwiasian helpfully points this out.

Maybe The Koolio could re-evaluate his�position�now?

Wait, gold hasn’t crashed (it did, in the 80’s)? Oil hasn’t crashed (it did, also in the 80’s)? And what’s with the “global population” argument, that’s the exact thing that ponzi schemes like to blather on about. Luckily the irony isn’t lost on kiwiasian.

Well, when you can’t argue with facts, what do you do? Hopefully they accept his reasoning and move on?

Nope! You just confuse the shit out of everyone until something sounds right.

Well, you see, the price jumped from $1 to $2 (in a few months), a 100% increase! So naturally going from $15 to $30 (in 2 days) is another, natural, 100% increase! No�volatility�here my friend!

Now, he never did mention why it wouldn’t crash. Luckily billyjoeallen has a great breakdown on the strength of the buttcoin market.

You hear that? NO natural predators, like the mighty Lion in the Serengeti! Of course, the World Economy will crash (and probably have no computer networks or electricity) but I’ll be here with my Buttcoin wallet, sitting pretty.

 

I’ll finish off with this nutjob trying to compare buttcoin’s bubble to global warming.

Wow.

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