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bitcoin

noun. 1) a digital currency. 2) a pump and dump scheme perpetrated by semi-literate hackers and wishful idiots with dubious notions of wealth. 3) a token (of luck, good faith, hypocrisy or fraud). 4) a game of luck. 5) financial ruin.

verb. To render a tasteless joke to a scathing insult of ethics.

adjective. An oscillation (said of light, color, volume, exchange rate, etc) which is manipulable by unsophisticated and feckless dimwits.

I use Bitcoin for all sorts of things. To have a neighbor's dogs killed, to buy drugs, donate to wikileaks, pay for kiddie porn, etc. Sorry, I misspoke. I usually don't buy drugs with Bitcoin anymore. Too much a hassle.

I was totally up in her junk at her place and her idiot friend bugs in and the two of them start ragging about #metoo and Harvey Weinstein and then she pulls a Bitcoin on me and says she feels undervalued in our relationship. I'm like, Bitch you trumpin'.

by @RealityWinner February 21, 2018

3314๐Ÿ‘ 4218๐Ÿ‘Ž


bitcoin

An internet-enforced currency used to launder money, purchase illegal drugs, child porn, and other criminal activities, all under the pretended idea that everyone is anonymous when using it.

China has become the primary miner location and investor group in Bitcoin to escape Yuan controls by their government. Any other exchange, miner group, or investor class is wholly dependent on what Chinese bitcoiners happen to decide to do that day, and the exchange rate from actual money to Bitcoin in any other currency than the Chinese Yuan is essentially random and disconnected from what is occurring in Chinese exchanges.

Most purchases using Bitcoin are for illegal drugs, child pornography, and money laundering, all of which can engage the purchaser into a long, involved, and expensive legal fight when they are caught.

Without the Internet and people donating their computers and bandwidth, Bitcoin is totally useless. Mining requires constant connectivity to ensure that only one chain of transactions is the real chain that matters, and without miners, no transactions between Bitcoin users are processed. Transactions between users line up in a queue until some miner accidentally gets the right number and some transactions are processed.

In the current state, Internet-required coins have been nothing but pump-and-dump schemes. Bitcoin has been successful due to its acceptance by drug and child porn sellers, and other criminal organizations.

I had a million US Dollars, so I converted them all to Bitcoin, and now I have 100,000 US dollars. Who will buy these stupid Bitcoins from me at an inflated price so I can possibly make back a percentage of what I lost?

How many grams of meth can I get for 10 Bitcoins? Promise you aren't a cop?

by GPFspeakingTruth December 31, 2016

3351๐Ÿ‘ 4374๐Ÿ‘Ž


bitcoining

To nag someone repeatedly

โ€œQuit bitcoining me!โ€

by Robbie001 March 4, 2018

69๐Ÿ‘ 86๐Ÿ‘Ž


bitcoin

The first widely used digital currency that Owen Benjamin will not touch with a 5 foot 1 toe.

Bitcoin is not real.
Bitcoin is a scam.
I invested all of my money in bitcoin and the price dropped to the floor. Now, Iโ€™m fucked.
Paypal me some bitcoin.

by Crypto Keeper June 7, 2019

1057๐Ÿ‘ 2873๐Ÿ‘Ž


bitcoining

to nag someone repeatedly or relentlessly

Do you want to go out tonight? Do you like me?

Quit bitcoining me!

by Robbie001 March 4, 2018

5๐Ÿ‘ 6๐Ÿ‘Ž


bitcoin boomer

a bitcoin "enthusiast" that is easily triggered by the mention (or mere existence) of any alternative crypto coins, because they see these as competition and a threat to bitcoin. They are unwilling to accept the fact that other coins can exist, and perceive their existence as an insult because bitcoin was the first (and what they consider the only) cryptocurrency and that all others are copycats, "scams" or otherwise "shit". They claim bitcoin was the best financial instrument invented in the last 1000 years, while also claiming that nothing better could ever possibly come along in the future.

They are called "boomers" not because of their age, but instead because of their holier-than-thou attitude towards others, and their belief that they've been part of the crypto currency scene long enough to declare themselves an authority on all things finance (even if a latecomer to bitcoin). They are also sometimes referred to as a Bitcoin Maximalist and/or Bitcoin Cultist.

Pete: "There's bitcoin, and then there's shitcoin."
Jane: "OK, bitcoin boomer."

by AL Katraz July 17, 2021

840๐Ÿ‘ 5๐Ÿ‘Ž


Bitcoin Pusher

someone that aggressively promotes Bitcoin and other unregulated digital financial instruments on Twitter and other social media platforms. Bitcoin Pushers usually start promoting the financial instrument once it has gain popularity due to its value being pumped, rather than early on based on the actual legitimacy, sustainability or usefulness of said financial instruments. While anyone can be considered a 'Bitcoin Pusher', it is usually used to refer to internet celebrities that are not primarily associated with finance.

All the Bitcoin Pushers really came out of the woodwork once its value got pumped up!

Elon Musk is a real Bitcoin Pusher!

by JuliusCesarus June 27, 2021

801๐Ÿ‘ 6๐Ÿ‘Ž