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r3wt
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April 11, 2015, 04:21:31 AM
 #21
Quote from: Blazedout419 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.

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.
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April 11, 2015, 10:19:10 AM
 #22
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.
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