The Buttgem
ATTENTION: BUTTCOIN.ORG HAS STOLEN THE BITGEM
IT IS NOW THE BUTTGEM. WE WILL ONLY RELEASE IT FOR ONE MILLION COSBYCOINS, ASSOCIATION WITH KIM DOTCOM, AND ONE MOVIE THEATER SERVING 20 VARIETIES OF SODA AND SHOWING FAN-MADE EPISODES OF DISNEY’S “TALESPIN.”
IF YOU DO NOT MEET OUR DEMANDS, WE WILL DELETE THIS WALLET WITHOUT MAKING A BACKUP.
January 28, 2013 @ 2:00 pm
So basically anyone can buy the gem, and then the price increases by a percentage, and when someone buys the gem again for the next higher price the website owner takes a chunk off that price and then pays it to the previous owner. Just a day or two ago I saw this thing crop up on /r/bitcoin for like 25% of the current asking price. How do you spell “ponzi scheme” again?
January 28, 2013 @ 3:15 pm
This one’s not even a proper ponzi, it’s just a bunch of suckers in a long line waiting to throw their money at it.