{"id":6973,"date":"2022-09-09T05:40:32","date_gmt":"2022-09-09T03:40:32","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/09\/09\/when-bitcoin-plunges-buttcoin-cheers-the-online-community-praying-for-cryptos-death\/"},"modified":"2022-09-09T05:40:32","modified_gmt":"2022-09-09T03:40:32","slug":"when-bitcoin-plunges-buttcoin-cheers-the-online-community-praying-for-cryptos-death","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/09\/09\/when-bitcoin-plunges-buttcoin-cheers-the-online-community-praying-for-cryptos-death\/","title":{"rendered":"When bitcoin plunges, Buttcoin cheers: the online community praying for crypto\u2019s death"},"content":{"rendered":"<p>A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency<\/p>\n<p>As bitcoin plunged below $20,000 in mid-June, many cryptocurrency users were distraught over massive losses \u2013 with some reporting they had lost their life savings. But one corner of the internet was cheering: Buttcoin, a Reddit subforum launched in 2011 to poke fun at cryptocurrency.<\/p>\n<p>\u201cI\u2019m addicted, I need help,\u201d read one popular post. \u201cI just love watching line go down too much. I always tell myself \u2018after it breaks through this next support line, you\u2019ll be satisfied\u2019 but there\u2019s ALWAYS another lower level after that.\u201d \u201cI\u2019m actually hoping it levels off at 20K for tonight,\u201d said another user. \u201cI\u2019m kinda tired and need more time to think of new lower priced memes.\u201d<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/sep\/09\/bitcoin-buttcoin-online-community-praying-for-cryptos-death\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/99851280856d77238a9821994ddf0e3e55667603\/0_201_4256_2554\/master\/4256.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=cdb82f32e99590a25380384acfb1fb93\" title=\"When bitcoin plunges, Buttcoin cheers: the online community praying for crypto\u2019s death\" \/>A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency<br \/>\nAs bitcoin plunged below $20,000 in mid-June, many cryptocurrency users were distraught over massive losses \u2013 with some reporting they had lost their life savings. But one corner of the internet was cheering: Buttcoin, a Reddit subforum launched in 2011 to poke fun at cryptocurrency.<br \/>\n\u201cI\u2019m addicted, I need help,\u201d read one popular post. \u201cI just love watching line go down too much. I always tell myself \u2018after it breaks through this next support line, you\u2019ll be satisfied\u2019 but there\u2019s ALWAYS another lower level after that.\u201d \u201cI\u2019m actually hoping it levels off at 20K for tonight,\u201d said another user. \u201cI\u2019m kinda tired and need more time to think of new lower priced memes.\u201d Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency As bitcoin plunged below $20,000 in mid-June, many cryptocurrency users were distraught over massive losses \u2013 with some reporting they had lost their life savings. But one corner of the internet was cheering: Buttcoin, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/09\/09\/when-bitcoin-plunges-buttcoin-cheers-the-online-community-praying-for-cryptos-death\/\"> <span class=\"screen-reader-text\">When bitcoin plunges, Buttcoin cheers: the online community praying for crypto\u2019s death<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6973"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6973"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6974"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6973"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}