Bitcoin Forum

Economy => Service Discussion => Topic started by: magic ice on April 08, 2015, 02:11:29 PM



Title: Bye Bye Buttercoin
Post by: magic ice on April 08, 2015, 02:11:29 PM
Buttercoin is signing off, how do you feel about it?

https://buttercoin.com/#/goodbye



Title: Re: Bye Bye Buttercoin
Post by: rememberme on April 08, 2015, 02:13:50 PM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P


Title: Re: Bye Bye Buttercoin
Post by: SirChiko on April 08, 2015, 02:31:52 PM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P
First of all i never heard about this coin.
2nd is that it's REALLY stupid name  for a coin and 3rd one that you're mentioning is bullshit told by them to us...atleast in my eyes.


Title: Re: Bye Bye Buttercoin
Post by: rememberme on April 08, 2015, 02:36:23 PM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P
First of all i never heard about this coin.
2nd is that it's REALLY stupid name  for a coin and 3rd one that you're mentioning is bullshit told by them to us...atleast in my eyes.

THANK YOU for proving my POINT ahhahahahahahah. You ready? Are you sure? IT IS NOT A COIN, BUT AN EXCHANGE. So how stupid can they be idk.


Title: Re: Bye Bye Buttercoin
Post by: Amph on April 08, 2015, 02:39:54 PM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P
First of all i never heard about this coin.
2nd is that it's REALLY stupid name  for a coin and 3rd one that you're mentioning is bullshit told by them to us...atleast in my eyes.

isn't buttercoin a service and not a name of a coin? they seems to be a trading platform, they are not related with altcoin...


Title: Re: Bye Bye Buttercoin
Post by: LiteCoinGuy on April 08, 2015, 02:40:18 PM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P
First of all i never heard about this coin.
2nd is that it's REALLY stupid name  for a coin and 3rd one that you're mentioning is bullshit told by them to us...atleast in my eyes.

THANK YOU for proving my POINT ahhahahahahahah. You ready? Are you sure? IT IS NOT A COIN, BUT AN EXCHANGE. So how stupid can they be idk.

well, when you read nothing and just post you get that result  :P


Title: Re: Bye Bye Buttercoin
Post by: rememberme on April 08, 2015, 02:57:53 PM
What is even more amazing is that they raised 1.4million. Who threw money out the window?


Title: Re: Bye Bye Buttercoin
Post by: Alty on April 08, 2015, 03:01:23 PM
Shame to see fails and wasted money like this but btc space is just like any other economy... if the fundamentals aren't right then it's not going to magically work.

Butter luck next time.


Title: Re: Bye Bye Buttercoin
Post by: rememberme on April 08, 2015, 03:03:04 PM
hahahahhahaha :P Butter luck next time


Title: Re: Bye Bye Buttercoin
Post by: SpanishSoldier on April 08, 2015, 03:03:15 PM
Buttercoin is signing off, how do you feel about it?

https://buttercoin.com/#/goodbye



The exit is getting more coverage than the entrance. Someone is happy ?


Title: Re: Bye Bye Buttercoin
Post by: Btcvilla on April 08, 2015, 03:03:22 PM
I never even heard of it so it doesn't surpise me its closing down/


Title: Re: Bye Bye Buttercoin
Post by: 0mniscient on April 08, 2015, 03:07:27 PM
they probably lost alot of money when they had the recruitment "drive", if you referred someone you and him both got 20$.  Im sad that they are gone, I could easily store usd in my account without paying fees (wire etc) and keep them without having to buy them.  People say use coinbase, but they don't support my state and coinbase thinks their program knows my town better than me even though Ive lived here for 18 years.  Sure the name was funky but who cares they did what they offered well (for me at least).   


Title: Re: Bye Bye Buttercoin
Post by: SirChiko on April 08, 2015, 03:10:44 PM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P
First of all i never heard about this coin.
2nd is that it's REALLY stupid name  for a coin and 3rd one that you're mentioning is bullshit told by them to us...atleast in my eyes.

THANK YOU for proving my POINT ahhahahahahahah. You ready? Are you sure? IT IS NOT A COIN, BUT AN EXCHANGE. So how stupid can they be idk.

well, when you read nothing and just post you get that result  :P
I'm on my smartphone so i only assumed and i anyway never heard about such exchange and i'm not alone here so..


Title: Re: Bye Bye Buttercoin
Post by: Nowi on April 08, 2015, 04:05:21 PM
I never heard about it and I was ok. That was probably one of the low copyes of BTC. People please if you are going to do new crypto, make something litlle more original.


Title: Re: Bye Bye Buttercoin
Post by: ebliever on April 08, 2015, 04:20:04 PM
We know they picked a ridiculous name and that no one apparently even heard of them until they declared bankruptcy. Did they do anything right? Anyone investing in them should learn to ask better questions about a business plan next time.


Title: Re: Bye Bye Buttercoin
Post by: allthingsluxury on April 08, 2015, 04:24:06 PM
I've never even heard of this coin, but yes, I have to agree. Horrible name.


Title: Re: Bye Bye Buttercoin
Post by: Alty on April 08, 2015, 04:26:04 PM
I've never even heard of this coin, but yes, I have to agree. Horrible name.

(giggle)

point made, terrible name for an exchange.


Title: Re: Bye Bye Buttercoin
Post by: HI-TEC99 on April 08, 2015, 04:52:28 PM
We know they picked a ridiculous name and that no one apparently even heard of them until they declared bankruptcy. Did they do anything right? Anyone investing in them should learn to ask better questions about a business plan next time.

Of course they did something right, they raised at least $1.3m from investors including Reddit co-founder Alexis Ohanian, Y Combinator, Centralway Ventures, Google Ventures and Wedbush Securities. That must have given them some big fat pay packets during the short period Buttercoin was open.


Title: Re: Bye Bye Buttercoin
Post by: magic ice on April 11, 2015, 03:41:40 AM
Next time they should pick a butter name.

+ who the fuck spends 1.4million in 4 months, of course, if they didnt spend it at all  :P
First of all i never heard about this coin.
2nd is that it's REALLY stupid name  for a coin and 3rd one that you're mentioning is bullshit told by them to us...atleast in my eyes.

That is not a coin, Buttercoin is a bitcoin exchange

Read more:
http://bitforum.info/t/buttercoin-bitcoin-exchange-will-be-signing-off/772

They were given 1.4 million worth of financing but still they closed down.
No one knows where the 1.4 million is right now.  ??? ???


Title: Re: Bye Bye Buttercoin
Post by: Blazed on April 11, 2015, 03:56:31 AM
100% it was the name...no way I would use something called buttercoin for any service. Amazing they are good enough to get over 1 mill in funding, but let a stupid name like that be used.


Title: Re: Bye Bye Buttercoin
Post by: r3wt on April 11, 2015, 04:21:31 AM
100% it was the name...no way I would use something called buttercoin for any service. Amazing they are good enough to get over 1 mill in funding, but let a stupid name like that be used.

I always thought the same, i just didn't want to slam them unfairly. With a good name, who knows what they could have achieved.


Title: Re: Bye Bye Buttercoin
Post by: ashour on April 11, 2015, 10:19:10 AM
The name was just awful. They got outcompete by other exchanges like coinbase,bitstamp,circle etc. They didn't invest enough in marketing and didn't interact enough with the bitcoin community. Their overall strategy was really bad implemented and that's why they had to shut down. In my opinion it wasn't a surprise at all that they shut down.