http://www.buttcoinfoundation.org/the-buttgem Buttcoin - It's Bitcoins with Butts! Thu, 02 Mar 2017 10:36:00 +0000 hourly 1 https://wordpress.org/?v=4.7.5 http://www.buttcoinfoundation.org/the-buttgem#comment-687 Mon, 28 Jan 2013 22:15:00 +0000 http://buttcoin.org/?p=774#comment-687 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.

]]> http://www.buttcoinfoundation.org/the-buttgem#comment-685 Mon, 28 Jan 2013 21:00:00 +0000 http://buttcoin.org/?p=774#comment-685 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?

]]>