this post was submitted on 14 Dec 2023
22 points (100.0% liked)

Buttcoin

399 readers
3 users here now

Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 11 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 15 points 11 months ago (2 children)

At least $600,000 has been drained from multiple users so far.

As far as crypto heists go that isn't much.

[–] [email protected] 9 points 11 months ago

But the laughter it brings us?

Priceless.

[–] [email protected] 7 points 11 months ago (1 children)

I’ve been watching the last few and the numbers stay low. Not much money left in the casino, it would seem

[–] [email protected] 4 points 11 months ago (1 children)

I think the thefts are priced in the value of the stolen coins so this says nothing about the liquidity. No idea how to properly look that up (and last time I tried it was oddly hard to find data on it, and the changes of it over time)

[–] [email protected] 6 points 11 months ago (1 children)

illiquid shitcoins are the order of the day. putting a spurious $ value on them is part of the scam. comes back to completely fuck them when it's prosecution time tho, cos the $ values immediately push the crime into the highest sentencing bracket. here's to mark-to-market!

[–] [email protected] 2 points 11 months ago

In .nl the higher the crime bracket the more resources the police/persecution can also use to go after that crime (that is at least it was a while ago) why all dutch computer crime had pretty high prison times, as else they simply couldn't be policed. Wonder if they also get themselves in trouble like that.