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Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs
My name is borderpatrol. I'm the founder of Buttcoin.org and have been making fun of bitcoiners since 2011. Buttcoin is one of the oldest Bitcoin sites on the internet and just last month celebrated it's 1 millionth visitor. And about 7 months ago I (accidently) became a paid shill for Butterly Labs. In December of 2013, Bitcoin losing steam and after 2 1/2 years of running the site I was getting tired. I had started up school again and work was getting steady so I wasn't updating as much. I was in the middle of a redesign to keep myself busy but I went weeks between updates. But I liked the site so I kept it around. A few months prior killhamster had helped me find new comedy gold to mine and was posting constantly on the twitter. I was approached by someone named Jeff. He emailed me from a domain at a local bar in Chicago. He had asked about buying the site. This wasn't the first offer I had gotten. I have been asked to comment on articles in PC World and speak at John Hopkins University about Bitcoins and the site was somewhat popular, but no one ever put in any serious offers. The site got steady traffic but everyone who knows about bitcoins, knows about computers. And everyone who knows about computers runs AdBlock. So the site made no money but was a fun little hobby of mine. Jeff presented himself as a regular reader of the site who owned bitcoins and had presumably cashed out. He said he liked the writing style, liked the site, and wanted to know if I was interested in a sale. I asked what he was offering. He said he wanted to offer me $XX,XXX dollars (not as high as the $30,000 someone is quoting however). I thought his was a joke. The site had no revenue and was virtually impossible to monetize. The only people willing to advertise on bitcoins sites are BFL, Mt. Gox, BitPay, and they would never advertise on Buttcoin. I asked him a few more questions to gauge his sincerity; what he planned on doing with the site, how the transition would be handled, would he allow me to continue to write for the site. He explained that he wanted to keep the site like "The Onion of Bitcoin", wanted me to keep writing for a minimum of 6 months. He also wanted everything to be in his daughters name because she was just graduating out of journalism school and he wanted her to learn online publishing. The guy was going to buy my site and then let me still have control. I have bought and sold a few domains and sites before and could tell he was serious, so I said fuck yeah and took his money. Signed a contract, completed escrow and We did the site transfer and closed escrow. The day after the transfer occurred my admin account was locked out even though I had an agreement to stay there for 6 months. Since I was already fighting with little site issues because of the transfer I didn't think much of it, I emailed Jeff but got no response. Killhamster still had publishing rights. The next day we noticed that our most popular article on the entire site, the "The $22,484.00 Butterfly Labs Mini Rig bitcoin miner is a huge, broken, unstable piece of shit." had been edited and now read The Butterfly Labs Mini Rig is a sexy Bitcoin mining machine. At this point killhamster emailed Jeff and asked what was up. He stated that there were "going to be some changes to attract new advertisers". He explained that he liked the humor but picking on specific brands was no good. He said that BFL pays $1000/month for every ad on BitcoinTalk and that there's no reason we can't get the same kind of deal. Since my account was now locked out and I was the original author, killhamster could not change the article. At this point I was pretty bummed that what was told to me was no true but whatever, not much I could do about that now. Killhamster was still running the twitter and planning to do some funny stuff with future articles. I wanted to see what was up with this guy though. I checked and see what was edited. The only thing edited was That BFL article and 2 more, one about them faking CE certification and one where Wired tested it and was unimpressed. But there was some much worse stuff on there that wasn't touched. If he was trying to clean up the site for advertisers, why just those BFL articles. Then I remembered that my Google Search Rankings for certain Butterfly Labs related terms were high. Very High. Buttcoin was ranking between 3-4 for the search term "Butterfly Labs" and "Butterfly Labs Review" and was usually #1 for "Butterfly Labs Scam" and "Is Butterfly Labs ligit". It was obvious to me that the purpose of purchasing the site was to simply remove the negative articles that were destroying their search traffic and making them look bad. So I Google "Jeff Butterfly Labs" http://www.butterflylabs.com/management-view/jeff-ownby-2/ Jeff Ownby is the VP of marketing for BFL. I never got his last name and all contracts where under his "daughter's name". So I looked a bit deeper and see Jeff from BFL graduated from Elmhurst College in Illinois and the Jeff that bought Buttcoin emailed me from was a Chicago-area bar domain. I still couldn't get this guy's last name but I finally found an old Facebook post from a press release by the bar the guy owns and it said his name was Jeff Ownby. Could be another guy with the same name but I'm sure now that BFL bought the site simply to remove three negative articles. So that's the whole story. I was tricked into selling Buttcoin.org to BFL and no longer have access to the site so I've set up camp on the subreddit instead so I can shitpost about bitcoins still. Killhamster still can write articles once in a while and does wonderful things on the twitter. And in way, even though I never owned any, I still cashed out because of Bitcoin.
BFL lied to customers, I may as well share how they flat out lied to us as well
might as well post these emails since shit's hitting the fan
Hi [killhamster], Thanks for your patience. It looks like the site issues are mostly fixed. My name is Jeff Scott and I bought Buttcoin.org because I believe there is space for an Onion type parody site in the Bitcoin world. But let me be clear - I like Bitcoin. I believe in it. I also know many of the companies who operate in Bitcoin. Some of the owners of these companies are friends of mine. And thankfully, many of them have a sense of humor and understand parody. In order for Buttcoin.org to survive, it needs to generate revenue. In order to generate revenue, you need to attract advertising from the people who are making money in Bitcoin. My job is to sell this "parody" business model to them and convince them that we can do our parody in a way that will make fun of them and Bitcoin but won't hurt their businesses. If we can walk that fine line, we can generate revenue and still remain cutting edge and humorous. While I don't necessarily agree with whitewashing bad news, I think stories can be told in a way to take digs at companies and products without harming their reputation too much. The article about Butterfly Labs at the top of your popular stories is a good example. Do you know how much money Butterfly Labs has made in this industry? It's quite a bit. And they advertise a lot. That customer alone would pay for our expense (and more) per month. But they would never advertise with us in the current state. The bottom line is this - Buttcoin.org will not be forum troll bait any more. Bitcoin is bigger than Bitcointalk and Reddit. We're in new territory. If we want to capture revenue, we need to build this site into something new. We have to change the way we write stories. One of the first things we need to do is clean up some of these older articles. The Butterfly Labs article is an example because it's a top story. I took a stab at making the post positive for now until we can figure out our "new voice." I need to start attracting advertisers. I would like you to rewrite the Butterfly Labs stories so they are not forum troll slams, but parody. Here's an example of a headline that would take a dig at the company and Bitcoin but maybe give them a little boost. Current headline: The Butterfly Labs Mini-rig is a huge broken unstable piece of shit. (it has been proven that while you might not get rich with one, the product is not that bad) Possible new headline: Butterfly Labs Mini-rigs Mine Detroit Out Of Bankruptcy. "The Detriot city council finally took delivery of 2 Mini-rigs from Butterfly Labs..." This is just an example I thought off the top of my head. It takes a dig at Bitcoin, the fact that the Mini-rig will not make anyone rich, but at the same time doesn't offend a possible advertiser. So, this is the direction I want to go. There is a place and budget for a writer who can help make this happen. If you think it's you, please let me know and we can work on moving forward. If you cannot accept this new direction, we will have to part ways right now. Thanks
A second, clarifying email
I don't necessarily want to tone down the site. I just want advertisers. I understand your feelings about Butterfly Labs. I know the industry quite well. Avalon had issues, KnC had boards explode in the wild and I don't see any articles nailing them for shipping less than perfect products. Every single hardware manufacturer has missed their target dates for delivery. It's not just BFL. BFL did just ship out 45,000 bitcoin miners which is a pretty big task for a company that started 2 years ago and I know they are replacing units that are not functioning. But this is not the point. They pay another site (I know the owner) $1000 a month to run banners. I can make a deal with them overnight. This doesn't mean I am tying myself to them. It means I am taking their money. I'm not sure how much [FCKGW] was paying you to write, but I think he mentioned a % of revenue and adsense couldn't be making that much. Let's make fun of Bitcoin and Bitcoin Mining, but try to stay brand neutral. Let me know if you're interested.
after we caught them saying the BFL minirig is a big sexy mining machine
The BFL stuff is temporary. I want to rewrite them later. If you want to change the author on them for now that's fine. I'll do that. I'm working on a deal for ad space with them. It's an olive branch. Sorry slammed today. Will answer the rest soon. Thanks
after these it was mostly me saying "hey the site is down check it out" and him saying "OK"
NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies. 最新留言. otel Energy Saver:12月04日的推文整理 (03/26) generic cialis cost:10月22日的推文整理 (03/26) BobbyChies:04月16日的推文整理 (03/26) killhamster bitcoin, buttcoin, fail, mining, wallet 1 Comment July 8, 2015 In case you haven’t noticed, Bitcoin is going through some pretty intense tribulation right now, with tens of thousands of unconfirmed transactions, thanks to a “stress test” and, on top of that, forking issues due to invalid blocks being mined and propagated by The performance when you are mining Bitcoin is measured in MH/s, meaning millions of hash operations executed per second by your PC. In 2009, a normal PC with a common CPU was able to produce hundreds of Bitcoins per day, basically because the network had low computing power and there were almost no transactions (A geek hobby). Damn, if it only costs 2k to produce 1 BTC then bitcoin mining electricity consumption is likely go up by a factor of 7 or 8 before levelling off (at the break even point). Not sure why the price should be related to how much money it cost to produce though.
Introduction to Buttcoin - Hot Topics, 15 Sep 2011
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