Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts. These tasks are managed collectively by the network. It’s like a bitcoin, but with butts instead.
Because butts are funny. And it kinda sounds like Bitcoin. (more…)
Dear Visitors,
Effective immediately Buttcoin will be shutting down all news / satire and returning all client laughs.
Due to declining comedy value Buttcoin can not operate in it’s current capacity without proper comedy injections. Combined with Bitcointalk account closures and Atlas’s decision to cease all Bitcoin forum accounts, we have deemed the best course of action is to halt posting and pursue new comedic avenues while raising laugh reserves.
Simply put, Bitcoin has met a fate worse than death: irrelevancy.
Everyone at Buttcoin has also been working without comedy for several months after one of our largest comedy mines, Bruce Wagner, removed over 100,000 laughs from our account without notice. We decided to cover this loss for now instead of passing it on to our visitors but there’s only so much exchange hacking and Reddit shitposts we can take. We would also like to make it known that our relationship with the bitcoin community has been terrible and hope to mock those little fuckers again in the future.
We will be focusing on Cakefarts.com and are preparing to release a new site before the end of the month.
It has been a pleasure working with the Bitcoin community and look forward to continuing our business in the future. More details to come soon.
Sincerely,
Leonard J. Crabs
Chief Executive Officer
Buttcoin
Sorry to dust off the site (yes, I really did close it) but some goober took 5 minutes out of his boring life to teach me a valuable lesson on apostrophes and it’s use in American Grammar.
Will you kindly replace “business” with “writer”.
BitCoins suck but it sucks even more to see your
otherwise-generally-reasonable site shoot “it’self” in the foot time
after time after time.(image attached)
Dear Albert,
I am neither a business or a writer. Please, kindly get bent.
-Buttcoin
You write on a website, that makes you a writer, fucktard.
Typical goon pretentiousness – trying so hard to sound academic, or at
least literate, and failing utterly on something so basic, then
getting butthurt and defensive when called out on it.
Albert,
I put words on a poorly run website with the word “Butt” in the title so no, I’m not a writer in the traditional sense.
Thanks for the unsolicted grammar lesson and condescending image attachment, I’ll keep that in mind when I’m writing my next novella.
-Buttcoin
Please send me more really cool shit about managing stress levels in the corporate world or bohemian child rearing or whatever.
Categories: Buttcoin Tags: bitcoin, buttcoin, stop email me you stupid fucks
Parent company Tradehill, the 2nd largest bitcoin exchange and owner of bitcoin.com, packs it up the fuck up after getting robbed for $100k by their payment processors.
::::: Announcement :::::: TradeHill suspending trading and returning client funds.
Dear Clients,
Effective immediately TradeHill will be shutting down trading / deposits and returning all client funds.
Due to increasing regulation TradeHill can not operate in it’s current capacity without proper money transmission licensing. Combined with multiple bank account closures and Paxum’s decision to close all Bitcoin business accounts, we have deemed the best course of action is to halt trading and pursue licensing while raising funds.
SEPA transfers for our Euro customers have been enabled.Everyone at TradeHill has also been working without pay for several months after one of our payment processors removed over $100,000 dollars from our account without notice. We decided to cover this loss for now instead of passing it on to our customers and are taking legal action against the processor. We would also like to make it known that our relationship with Paxum has been great and hope to work with them in the future.
We will be focusing on Bitcoin.com and are preparing to release a new site before the end of the month.
It has been a pleasure working with the Bitcoin community and look forward to continuing our business in the future. More details to come soon.Sincerely,
Jered Kenna
Chief Executive Officer
TradeHillPlease send all press inquires to: [email]press@tradehill.com[/email]
Edit: We’ve received a lot of questions regarding donating your remaining balance to Bitcoin.com development. We’ve enabled a method to donate in all of the currencies and Bitcoin. 100% of these funds will go to Bitcoin.com development and keeping a community element present on the site. We have a great team lined up that we are preparing to announce and changes in the works to be released very soon. Thank you for all of your support
Future of Buttcoin.org is unknown at this point.
Reddit seems to be taking this well though
Categories: Buttcoin Tags: bitcoin, buttcoin, humor, management, new, opportunity, sold, tradehill
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 “The Good Wife” – Bitcoin for Dummies. In fact, CBS just released a teaser trailer a couple days ago that should really get some interest in bitcoins going. Except it doesn’t mention bitcoins at all, and features that dirty fiat currency.
I think we’re going to get a flurry of interest in bitcoins next week when this episode finally airs, but is it going to do anything for bitcoins long term? Probably not. There’s going to be a bit of activity, either good or bad, but interest will wane quickly. The method for moving cash in and out to complicated, no merchants accepting bitcoins, and the bitcoin forums a bit too unfriendly. A currency that has risen from the dead, but wanders the earth aimlessly and with no purpose, feating on the flesh of news.
Should be an interesting next week.
We’ve been nominated for Best Bitcoin Blog for 2011 in the BitcoinBetas.com Bitcoin Awards! Go vote today, they don’t give participation awards.
Also, PLEASE PLEASE PLEASE cast for your vote for the CosbyCoin hack as best bitcoin moment of 2011!
Me blog bitcoin? That’s unpossible!
A bitcoin user found the best use of his anonymous crypto-currency was to purchase medication from Craigslist. It went about as well as one can expect buying: nearly dead, lying on the floor in the bedroom of your studio apartment gasping for air and cursing the feds.
This is an actual thing. I am not making this up. Just look at this chucklefuck on this stupid paper bill for digital currency. LOOK AT IT!!!
Bitcoin is about to be featured in a major network tv drama about crying first ladies or something, I don’t fucking know.
CBS’s Primetime Drama Series “The Good Wife” just put out a casting call for an upcoming episode entitled “Finding Mr. Bitcoin”:
[DYLAN] 34 to 45, an underdressed lawyer prankster, brilliant, likable, and a bit childlike, he represents the creator of Bitcoin, an online currency, and is being pressured by the Treasury Department to reveal the identity of his client…GUEST STAR
[ELAINE] 30 to 35, stunning, extremely intelligent, and a bit mischievous, an MIT astrophysicist, she’s been named one of the Ten Hottest Geek Women. A rarity in the cryptography field, she proves very popular at Crypto-Con, the Comic-Con of cryptographers…GUEST STAR
[BAO] 26 to 35, a Chinese, male individual, brilliant but painfully shy, easily embarrassed, and quick to develop crushes, he’s an econophysicist from Nankai University who may or may not be the true inventor of Bitcoin…GUEST STAR. PLEASE SUBMIT ALL ASIAN ETHNICITIES
[TOM] 30 to 42, a severe, serious, suited man, he’s a federal agent from the U.S. Treasury Department who’s been following Dylan and trying to shake him down for information on the inventor of Bitcoin…GUEST STAR. SUBMIT ALL ETHNICITIES
[ALEX] 28 to 35, a nervous, small-time hotel manager, he testifies to the existence of a promotion at his business that accepted frequent flyer miles and Bitcoin as currency…ONE-DAY GUEST STAR
[DYLAN] 34 to 45, an underdressed lawyer prankster, brilliant, likable, and a bit childlike, he represents the creator of Bitcoin, an online currency, and is being pressured by the Treasury Department to reveal the identity of his client…GUEST STAR
[ELAINE] 30 to 35, stunning, extremely intelligent, and a bit mischievous, an MIT astrophysicist, she’s been named one of the Ten Hottest Geek Women. A rarity in the cryptography field, she proves very popular at Crypto-Con, the Comic-Con of cryptographers…GUEST STAR
[BAO] 26 to 35, a Chinese, male individual, brilliant but painfully shy, easily embarrassed, and quick to develop crushes, he’s an econophysicist from Nankai University who may or may not be the true inventor of Bitcoin…GUEST STAR. PLEASE SUBMIT ALL ASIAN ETHNICITIES
[TOM] 30 to 42, a severe, serious, suited man, he’s a federal agent from the U.S. Treasury Department who’s been following Dylan and trying to shake him down for information on the inventor of Bitcoin…GUEST STAR. SUBMIT ALL ETHNICITIES
[ALEX] 28 to 35, a nervous, small-time hotel manager, he testifies to the existence of a promotion at his business that accepted frequent flyer miles and Bitcoin as currency…ONE-DAY GUEST STAR
Sounds thrilling, I’m sure.
Someone decided that the only thing Bitcoin needs to revive it’s slow and torturous death is a little publicity! What better way to advertise then radio tv a cheaply made flyer to plaster around your neighborhood. Fortunately, not many people took him seriously and instead our friends BitcoinPorn decided to do Buttcoin a little honor in making this poster for me.
What do you think? Let me know in the comments below.
