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Posted by killhamster -
February 20, 2014 at 1:37 pm
Buttcoin, Captains of Industry Tags:
bitcoin, buttcoin, funny
easy there on the crack pipe
Buttcoin is below $100 on mtgox now. What happened to all those bets it would hit $10,000 before it dropped below $100? No wait this is a buying opportunity. All is well carry on!
Mt Gox is done. https://www.bitcoinbuilder.com/
People are paying 36 cents on the dollar for a bitcoin on Mt Gox. That tells me Mt Gox has a better than even chance of cutting and running.
Good lucky trying to collect on that bet now.
Everyone who has Bitcoin on Mt Gox is now exchanging for USD at one quarter what they would have got at another exchange because they correctly believe that they are more likely to get their USD from Gox should it be insolvent. This is because….wait for folks…MORE REGULATION OF USD.
” Byrne’s interest in Bitcoin extends well past an extra payment method for Overstock. The CEO liquidated several million dollars worth of his holdings in gold and converted it to Bitcoin.”
This moron has literally lost millions in the last week.
I’m ashamed I didn’t know about the “hopkin green frog” meme before.
king of FUD! Great stuff lov it