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Hey dumbasses, if you’re going to send me a link to some obscure blockchain where no one knows what is going on, leave a workable email (not [email protected]) so I can ask for further clarification.

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10 comments - What do you think?
Posted by Buttcoin - June 8, 2011 at 8:27 pm

Pingback: Lionhat Security taking claim for Mt. Gox hack and database dump, taunts owners and promises next "black friday". - Buttcoin - The P2P cyrpto-currency for butts.
http://i.imgur.com/wdOx9.png Cosby BillCosby

Looks like the miners are really getting the “fuck you” from buyers…. Hmmm doth i see a pattern resembling bill cosby’s hand?
http://i.imgur.com/JPALX.png Cosby BillCosby

Has no one noticed the similarity to swarm hash rate/difficulty and a standard deviation?

Days are numbered indeed. Does this mean bitcoins predicted the battlefield 3 beta?
Pingback: Buttcoin is a business that knows it's shit. - Buttcoin - The P2P cyrpto-currency for butts.
chris

Good website sad its limited to spanking the bitcoin ecosystem(?) only (oh and closed).
Fone Star

I’ll give you .0000001 BTC for this site as a historical document for legacy goons and trolls.
forkyou

You HAVE to check out this Bitcoin story:
https://bitcointalk.org/index.php?topic=174918.0;topicseen
Dickbutt

Look how these buttcoin sperglors are trying to be all cutesy about it to lure in the normies:
http://trybtc.com/

Pathetic
anon

http://www.reddit.com/r/Buttcoin/
LOL WHAT?

Dear Mr. Buttcoin,
please don’t miss out on this fantastic business plan:

http://www.reddit.com/r/Bitcoin/comments/1mr91m/i_am_the_ceo_of_neo_the_bee_payment_network_in/

TL/DR: dude wants 3 or 4 million euros in order to open a buttcoin bank in Cyprus. This is a fucking steal, cause Cypriots will come running when given the chance to deposit their euros in said bank. Why? Because who wouldn’t want to deposit money in a bank with no deposit insurance? Wait, it gets better. Once Mr. Rockefeller Wannabe gets those euros, he’ll promptly convert them to buttcoins using one of the many reliable exchanges out there (don’t worry, there’s no third-party risk here, buttcoiners are honest people)… Once the buttcoin price rises to the stratosphere, he can convert the buttcoins back to euros. Obviously, profit goes to the bank, and the customer gets the same euros initially deposited.

A dumb man might point out that shit will hit the fan really fast if the buttcoin price decreases… But fear not, cause it’s brilliantly pointed out that when the customers’ euros start rolling in (millions expected), the bank can easily buy all the buttcoins available at the ask on Mt Gox. So the only way is up, man. Don’t be a debbie downer. The “reasonable” scenario described in the business plan predicts a 10% (or was it 15%? can’t remember, something reasonable like that) monthly increase in the buttcoin price. So, as you can imagine, once the bank starts gambling with the customers deposits, there’s no stopping that money train. Dividends galore. And everybody is happy:

- customer gets to keep his money in a bulletproof bank (yes, the bank will gamble in a ponzy with that money, and even better the customer gets zero upside if the gamble goes well, but anywayzzzz the gamble is a sure thing so who cares),

- shareholders get sweet sweet dividends (we’re talking millions here, go buy some shares ASAP),

- and last, but not least, spectators of this trainwreck get to laugh at how dumb this all is.

There’re 2 options here: either Mr. Banker is a scammer, and plans on running with the “shareholders” funds as soon as he gets the chance… Or he is retarded enough to think that he’d be able to pull off these numerous financial crimes in a EU country without being shutdown in minutes. Sadly, I believe option number 2 is the most likely. Regardless, don’t be sad for him, he’ll still have a few million in real money when it all comes crashing down. It pays to be retarded in the buttcoin world (until it doesn’t).

Yours truly,
Dumbfucked Johny

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