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r/buttcoin: the lore, decoded

“Mining Comedy Gold”: r/buttcoin watches prices drop and asks for upvotes.

Expect price-drop celebrations and arguments over whether Bitcoin is “a currency” or “a ponzi scheme.” Tether leads the supplied lore rankings, with a 2019 headline reporting that Bitfinex used its reserves to mask $850 million missing. Later vocabulary includes NFTs, FTX, and “few understand.” The record spans July 2011 through October 2026, with “Mining Comedy Gold” giving the price-watching its own name.

Signature lore of r/buttcoin

• FTX and the SBF Persona
• Saylor's Borrow-to-Buy Crusade
• The Mt. Gox Aftermath
• Remembering SnapshillBot
• Few Understand
• Mining Comedy Gold
• Have Fun Staying Poor
• It's Still Early
• Be Your Own Bank
• The Future of Finance
• The Terra/LUNA Losses

Key moments

• Most of you guys...are losers.
• The Bitcoin Bubble may cause problems for all of us.
• I'm having an orgasm watching the prices dropping - upvote if you're a sick a degenerate like me
• Bitfinex Used Tether Reserves to Mask Missing $850 Million, Probe Finds
• Showerthought: It is now the year 2020 and precisely zero people have asked me if I'd like to pay by bitcoin
• Tesla buys $1.5 billion worth of Bitcoin.
• $19500 It's happening. It's happening. EVERYBODY STAY CALM!!
• SBF guilty on all counts.