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
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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, 2015
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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, I’m fucked.
Paypal me some bitcoin.
by Crypto Keeper June 07, 2019
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Bitcoiner

Joe W: "Bitcoin is a joke!, It's a ponzi scheme! It's like baseball cards and tulip mania all over again".

Bitcoiner: "Bitcoin will reach $100,000 and then we'll see if it's a joke!"
by Dovetail November 12, 2013
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Bitcoining

The act of farting in such large quantities that it eventually renders the air around you unbreathable, similar to the carbon emissions caused by excessive Bitcoin mining.
My wife pulled the sheets over my head and started bitcoining me. It was absolutely foul.
by BatteryMaster October 12, 2021
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Bitcoin

Bitcoin is virtual currency created in 2008 by an anonymous person or persons known as Satoshi Nakamoto and is slated to replace the Dollar as the global reserve currency due to its decentralized nature, and limited supply.

No bank can freeze your Bitcoin. No government can seize your Bitcoin. No thief can steal your Bitcoin. You control your private keys, and no one can take your Bitcoin away from you.

Billionaires like Elon Musk have invested in Bitcoin as a store of value that will preserve their wealth. The motto in Bitcoin is HODL, invest, and "hold on for dear life". Never sell, ever.

There will never be more than 21 million Bitcoins circulating in the world, by design. The Federal Reserve (neither federal, nor a reserve) prints money endlessly, then loans it out for interest making them and all of their big banker friends rich in the process. Bitcoin slowly decreases in supply until all 21 million bitcoins have been minted.

Bitcoin sticks it to the man.

Bitcoin is the Internet of money.

Bitcoin is Gold 2.0.

Bitcoin started at $0 per Bitcoin in 2008. Bitcoin hit an all time high on November 8, 2021 when one Bitcoin was worth $67,567.

Bitcoin value is estimated (by some) to reach $1 million dollars per Bitcoin, one day.

Bitcoin has created a new generation of millionaires and billionaires.

Bitcoin is like the invention of the wheel, or the Internet.

Bitcoin can make you rich, or not.

Acquire at least 1 Bitcoin, and your great great grandkids will thank you.
Yo, you heard about that new money, Bitcoin? I be hearin' rappers drop that shit on they tracks, so you know it's legit.

I bought Bitcoin back in 2017, and in 2022 I cashed some in to buy my house, paid in full, in Bitcoin. #thanksbitcoin
by Lou Skywalker September 20, 2022
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Bitcoin

Bitcoin is a virtual foreign money which operates freed from any vital manipulate or the oversight of banks or governments.
This is the last ledger of Bitcoin.
by Online Crypto Methods January 16, 2022
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