price – 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 Bitcoins crash from $94 to under $80 in the last hour with no sign of slowing down. http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comments Thu, 28 Mar 2013 21:43:48 +0000 http://buttcoin.org/?p=1067 Bitcoins is on another wild swing, this time it’s going down, down, down really goddamn fast     /r/Bitcoin and BTCTalk are in a panic, tons of buy orders coming through right now.   Only thing preventing a major panic sell is the fact that Mt. Gox has�10 minutes of trading lag. You aren’t trading […]

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Bitcoins is on another wild swing, this time it’s going down, down, down really goddamn fast

rDQ5xwB

 

 

/r/Bitcoin and BTCTalk are in a panic, tons of buy orders coming through right now.

 

Only thing preventing a major panic sell is the fact that Mt. Gox has�10 minutes of trading lag. You aren’t trading bitcoins, you’re trading on what you think bitcoins will be in 10 minutes. This is some serious shit.

UPDATE:

Here’s a 24 hour look.

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Watch it all live here!�http://bitcoinity.org/markets

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Bitcoins are headed for $100 and there’s nothing to stop it now. http://www.buttcoinfoundation.org/bitcoins-are-headed-for-100-and-theres-nothing-to-stop-it-now http://www.buttcoinfoundation.org/bitcoins-are-headed-for-100-and-theres-nothing-to-stop-it-now#comments Thu, 21 Mar 2013 17:24:22 +0000 http://buttcoin.org/?p=1027 Bitcoin is on an unending march towards mainstream adoption and with that, $100 bitcoins are nearly here. We just had a $10 jump in the last 12 hours and it’s obvious we’re on a run away freight train to the currency of the future. I would like to formally apologize to anyone I doubted. I […]

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Bitcoin is on an unending march towards mainstream adoption and with that, $100 bitcoins are nearly here. We just had a $10 jump in the last 12 hours and it’s obvious we’re on a run away freight train to the currency of the future.

I would like to formally apologize to anyone I doubted. I am�truly�jealous�of everyone’s sage investment�strategies�and now I’m stuck with my dick in my hand while everyone else is getting rich. Are we going to see $1000 in the future? The captains of industry tell me so.

To Bitcoins! up uP UP!

 

buttcoin-humanity

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Bitcoins rise from $3 to $7 in the last month, are we looking at a zombie currency in the coming week? http://www.buttcoinfoundation.org/bitcoins-rise-from-3-to-7-in-the-last-month-are-we-looking-at-zombie-currency-in-the-next-week http://www.buttcoinfoundation.org/bitcoins-rise-from-3-to-7-in-the-last-month-are-we-looking-at-zombie-currency-in-the-next-week#respond Wed, 11 Jan 2012 17:11:37 +0000 http://buttcoin.org/?p=567 Bitcoins seem to be slowly rising from their doledrums. In the last 30 days the price of bitcoins have rising, from nearly crashing below $3 before�slowly and steadily rising, just touching above $7 today. What’s going on, what’s driving this increase and what’s going on in the next week for bitcoins? I have 3 theories […]

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Bitcoins seem to be slowly rising from their doledrums. In the last 30 days the price of bitcoins have rising, from nearly crashing below $3 before�slowly and steadily rising, just touching above $7 today. What’s going on, what’s driving this increase and what’s going on in the next week for bitcoins?

I have 3 theories myself:

1) People cashing out bitcoins after starting up school again. No time to devote to mining anymore, cash out and spend the cash on books and supplies. The price rise is normal buy-back from people still in the game.

2) Cashing out bitcoins for holiday spending. The end of the year cash crunch means that many people could be selling their bitcoins to buy Christmas presents. Price tanked around October though, which seems too early for that. Price increase was people buying back their coins.

3) Bitcoin is just being the�volatile�cunt it always is and who know why the fuck the price tanked.

Option 3 seems the most likely option. What’s interesting to watch out for is the upcoming episode of the hit CBS sandy-vagaina show

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How much does bitcoin really cost? *waves hands furiously* http://www.buttcoinfoundation.org/how-much-does-bitcoin-really-cost-waves-hands-furiously http://www.buttcoinfoundation.org/how-much-does-bitcoin-really-cost-waves-hands-furiously#comments Fri, 12 Aug 2011 22:47:30 +0000 http://buttcoin.org/?p=358 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 […]

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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:

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The bitcoin market stablizes http://www.buttcoinfoundation.org/the-bitcoin-market-stablizes http://www.buttcoinfoundation.org/the-bitcoin-market-stablizes#comments Thu, 16 Jun 2011 17:45:18 +0000 http://buttcoin.org/?p=211 I though I’d never see the day. Stopped the roller coaster ride around $19.50, who know what will happen to the price now  

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I though I’d never see the day.

what the

Stopped the roller coaster ride around $19.50, who know what will happen to the price now

 

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