Buttercoin shutting down due to "low interest in Bitcoin among investors"

[readysalted89]

So nobody treated Buttercoin seriously because of the name
But people sent millions $ and BTC to MagicalTux  and his Magic: The Gathering Online .

When I first heard of Mt Gox I didn't know how it got its name, it was merely an unusual name to me. It took months before I heard it stood for Magic The Gathering Online Exchange. Conversely, I immediately thought Buttercoin sounded like a stupid name as soon as I heard it.

Mt Gox had a chance to gain business partly because it was only after people got used to trading on it that they realized Mt Gox was an acronym for a stupid name.

[Anotherthing]

...
Mt Gox had a chance to gain business partly because it was only after people got used to trading on it that they realized Mt Gox was an acronym for a stupid name.

Another Bitcoin business made possible by Bitcoiners' ignorance

[indiemax]

Buttercoin,well no surprise to anyone it failed

without going into the business,the name, is wrong on so many levels

[thezerg]

So nobody treated Buttercoin seriously because of the name
But people sent millions $ and BTC to MagicalTux  and his Magic: The Gathering Online .

When I first heard of Mt Gox I didn't know how it got its name, it was merely an unusual name to me. It took months before I heard it stood for Magic The Gathering Online Exchange. Conversely, I immediately thought Buttercoin sounded like a stupid name as soon as I heard it.

Mt Gox had a chance to gain business partly because it was only after people got used to trading on it that they realized Mt Gox was an acronym for a stupid name.

Well, let's be clear here.  Mt Gox was a GREAT name for the original company business model: trading playing cards... and the software would have probably handled all 5 trades per hour just fine too! 

[ensurance982]

Ummm I still don't get what they actually did that was supposed to add value to rather buy Bitcoin somewhere else. Apart from a silly name I don't think limiting your customer base in such a way doesn't make sense in my opinion.