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For anyone else enjoying the crypto meltdown, might I suggest the subreddit /r/buttcoin? It's quite enjoyable. https://old.reddit.com/r/Buttcoin/ https://old.r

For anyone else enjoying the crypto meltdown, might I suggest the subreddit /r/buttcoin? It's quite enjoyable. https://old.reddit.com/r/Buttcoin/ https://old.reddit.com/r/Buttcoin/

jklinger410 4y ago
Celebrating another person's failure is for small minds.
- bilbo0s 4y ago
  We all do it pretty much all the time. Whether we're talking about hostile governments we don't like. Companies we don't like. Groups of people we don't like. We make jokes about them all the time. It's just crypto's turn.
- AlexandrB 4y ago
  What would you call "have fun staying poor"?
niclo 4y ago
> It's quite enjoyable. Not really, it's full of people hating and insulting and pretty much comparable to the average crypto bro subreddit.
- sweezyjeezy 4y ago
  Even if it is trolling - that's orders of magnitude less harmful to society than a subreddit that offers dangerous financial advice.
  - SV_BubbleTime 4y ago
    Also less harmful than promoting the latest single waste of energy the world has ever seen… yet.
    - mazlix 4y ago
      where are they promoting war?
- xwolfi 4y ago
  Except we have nothing to sell you.
rvz 4y ago
After looking at it for a moment, it's equally delusional as /r/cryptocurrency. I'm enjoying the meltdown because it flushed out those who believed in nonsense like 'This isn't even close to what will be the all time high' [0] 'Doge to $1 by September 2021' [1], etc. Where are they now? I won't be surprised to see Bitcoin go lower than $10K. This is before regulations and the Tether scam collapsing. [0] https://news.ycombinator.com/item?id=26840923 https://news.ycombinator.com/item?id=26840923 [1] https://news.ycombinator.com/item?id=27046019 https://news.ycombinator.com/item?id=27046019
- deleted 4y ago
  [deleted]
- randomhodler84 4y ago
  I don’t think tether is going to collapse. The money is there and the demand is high. Nobody is trading suitcases of fiat bills behind closed doors anymore, it’s all in USDT.
  - mertd 4y ago
    Can you point to a source for "the money is there"? Nothing surrounding Tether passes the smell test.
- paulgb 4y ago
  > After looking at it for a moment, it's equally delusional as /r/cryptocurrency. There can be some serious discussion there but it's first and foremost a joke subreddit. Without knowing what you're labeling delusional, there's a good chance it's meant to be taken with a sense of irony.
  - SilasX 4y ago
    A joke sub wouldn't have a detailed guide for how to productively disagree with its followers: https://www.reddit.com/r/Buttcoin/comments/p8uv0h/helpful_guide_for_butters_visiting_rbuttcoin_why/ https://www.reddit.com/r/Buttcoin/comments/p8uv0h/helpful_gu... Be careful not to get snared by Poe's Law.
rafale 4y ago
Why would u enjoy people losing their life savings? Just because they told you to have fun staying poor on the way up?
- duxup 4y ago
  I think people can be interested in how something plays out without “ enjoy people losing their life savings”. I don’t mind seeing some of the pyramid schemes and such revealed for what they are. I like to think everything plays out and for a while more people don’t risk and loses their money and maybe some bad guys go to jail even.
- arcticbull 4y ago
  If they banked their future on libertarian magic beans fueled by wasting a mid-sized country worth of power e-waste, and each time you mentioned the obvious flaws in their half-baked schemes they made fun of you, implying that you're 'not going to make it' and telling you to have 'fun staying poor' -- yep, a little. In the abstract of course.
- jpambrun 4y ago
  People with crypto coins needs other people to be willing to buy them at higher price just slightly later. They keep exploiting fomo for their own gain. I don't think this is moral and a bit of karma is always welcomed.
  - ejanus 4y ago
    Same with most company shares
    - jpambrun 4y ago
      And I would feel the same if a massive amount of people were pushing for it, were deceptive and exploitative about it.
      - paywallasinbeer 4y ago
antiverse 4y ago
Off topic, but that subreddit logo is patrician.
ntoskrnl 4y ago
It gets old quick. I remember joining when bitcoin was around $100 and it looks exactly the same now as it did back then.
ricochet11 4y ago
theyve been telling us crypto has been melting down and bursting and dying for a many years, its still here. my bet is that itll still be here in ten years and theyll still be posting on buttcoin. seems much more interesting to explore, hack, risk, and learn by playing with crypto, id much rather to that than post "bitcoin ded" for a decade. prices go up and down, culture persists.
codehalo 4y ago
No need to go there when 99% of HN comments provides the same material. And I wouldn't call it enjoyable. The comments are the same as when Bitcoin was $100. Frankly, I'd call it ignorant.

For anyone else enjoying the crypto meltdown, might I suggest the subreddit /r/buttcoin? It's quite enjoyable. https://old.reddit.com/r/Buttcoin/ https://old.reddit.com/r/Buttcoin/

jklinger410 4y ago

Celebrating another person's failure is for small minds.

bilbo0s 4y ago
We all do it pretty much all the time. Whether we're talking about hostile governments we don't like. Companies we don't like. Groups of people we don't like. We make jokes about them all the time. It's just crypto's turn.
AlexandrB 4y ago
What would you call "have fun staying poor"?

niclo 4y ago

> It's quite enjoyable. Not really, it's full of people hating and insulting and pretty much comparable to the average crypto bro subreddit.

sweezyjeezy 4y ago
Even if it is trolling - that's orders of magnitude less harmful to society than a subreddit that offers dangerous financial advice.
- SV_BubbleTime 4y ago
  Also less harmful than promoting the latest single waste of energy the world has ever seen… yet.
  - mazlix 4y ago
    where are they promoting war?
xwolfi 4y ago
Except we have nothing to sell you.

rvz 4y ago

After looking at it for a moment, it's equally delusional as /r/cryptocurrency. I'm enjoying the meltdown because it flushed out those who believed in nonsense like 'This isn't even close to what will be the all time high' [0] 'Doge to $1 by September 2021' [1], etc. Where are they now? I won't be surprised to see Bitcoin go lower than $10K. This is before regulations and the Tether scam collapsing. [0] https://news.ycombinator.com/item?id=26840923 https://news.ycombinator.com/item?id=26840923 [1] https://news.ycombinator.com/item?id=27046019 https://news.ycombinator.com/item?id=27046019

deleted 4y ago
[deleted]
randomhodler84 4y ago
I don’t think tether is going to collapse. The money is there and the demand is high. Nobody is trading suitcases of fiat bills behind closed doors anymore, it’s all in USDT.
- mertd 4y ago
  Can you point to a source for "the money is there"? Nothing surrounding Tether passes the smell test.
paulgb 4y ago
> After looking at it for a moment, it's equally delusional as /r/cryptocurrency. There can be some serious discussion there but it's first and foremost a joke subreddit. Without knowing what you're labeling delusional, there's a good chance it's meant to be taken with a sense of irony.
- SilasX 4y ago
  A joke sub wouldn't have a detailed guide for how to productively disagree with its followers: https://www.reddit.com/r/Buttcoin/comments/p8uv0h/helpful_guide_for_butters_visiting_rbuttcoin_why/ https://www.reddit.com/r/Buttcoin/comments/p8uv0h/helpful_gu... Be careful not to get snared by Poe's Law.

rafale 4y ago

Why would u enjoy people losing their life savings? Just because they told you to have fun staying poor on the way up?

duxup 4y ago
I think people can be interested in how something plays out without “ enjoy people losing their life savings”. I don’t mind seeing some of the pyramid schemes and such revealed for what they are. I like to think everything plays out and for a while more people don’t risk and loses their money and maybe some bad guys go to jail even.
arcticbull 4y ago
If they banked their future on libertarian magic beans fueled by wasting a mid-sized country worth of power e-waste, and each time you mentioned the obvious flaws in their half-baked schemes they made fun of you, implying that you're 'not going to make it' and telling you to have 'fun staying poor' -- yep, a little. In the abstract of course.
jpambrun 4y ago
People with crypto coins needs other people to be willing to buy them at higher price just slightly later. They keep exploiting fomo for their own gain. I don't think this is moral and a bit of karma is always welcomed.
- ejanus 4y ago
  Same with most company shares
  - jpambrun 4y ago
    And I would feel the same if a massive amount of people were pushing for it, were deceptive and exploitative about it.
    - paywallasinbeer 4y ago

antiverse 4y ago

Off topic, but that subreddit logo is patrician.

ntoskrnl 4y ago

It gets old quick. I remember joining when bitcoin was around $100 and it looks exactly the same now as it did back then.

ricochet11 4y ago

theyve been telling us crypto has been melting down and bursting and dying for a many years, its still here. my bet is that itll still be here in ten years and theyll still be posting on buttcoin. seems much more interesting to explore, hack, risk, and learn by playing with crypto, id much rather to that than post "bitcoin ded" for a decade. prices go up and down, culture persists.

codehalo 4y ago

No need to go there when 99% of HN comments provides the same material. And I wouldn't call it enjoyable. The comments are the same as when Bitcoin was $100. Frankly, I'd call it ignorant.