Domain: buttcoin.org
Stories and comments across the archive that link to buttcoin.org.
Comments · 7
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Re:Bitcoin is vulernable to government manipulatio
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Introducing THE SLASHDOLLA!
I have instituted a new ponz^H^H^H^cryptocurrency. I will be naming it Slashdolla.
Current valuation is $1,000,000,000 to one Slashdolla.
If you too want to get in on the goodness, while the gettin's good, head over here, download the client and get crackin'!
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Re:California Gold Rush
Sure, if they found somebody buying at "market value".
Spoiler alert: the months-long wait to get real money from your bitcoins at MtG:OX is because they can't actually afford to pay out to everyone who wants to cash out now. They (and other "exchanges") are pushing the price increases to keep the Ponzi scheme going. The exchanges are frauds.
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Re:A certain bubble...
It's still a bad idea then.
In their trend of being surprisingly useful, here's some entertaining stories of trying to cash out Bitcoin courtesy of SA goons: http://buttcoin.org/easy
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Re:It's like "collectible" comic books all over ag
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Re:A limited number of Bitcoins
It depends. Will someone have the $1mil to buy them all? If they start selling in smaller lots, the value will go down with each transaction.
No they won't; the exchanges that take a percentage commission, have an interest in keeping the price high.
Buys while the prices is going up proceed at full speed. As the prices start going down latency will gear up, via the artificial braking that prevents a sudden price drop --- the volume of successfully completed trades is forced down, by artificially added processing delays
If the price goes down too much, the exchanges will halt trading and blame it on DDoS
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Re:Firefox