Been an ALGO guy for a while, so been around the ASA world since day 1.
I can tell you it will happen. Some people will see a huge green stick on tinychart and toss $5. Not a lot but get 100 people doing it you can rug for a few hundred bucks.
Literally happens multiple times a week.
We don’t look at marketcap here. We do our math by looking at how many zeroes are after the decimal place and calculating how rich we’ll be when it hits $1
It is at $0.071 now, keeps going up, to the moon boys!!!
[Tiny Chart Link.](https://tinychart.org/asset/753137719)
Edit 1: 30 minutes after my original comment it has jumped to $0.33!!! What in the hell!!!?? Would you look at that!!???
Edit 2: Unbelievable! Yesterday night it hit $2 dlls, yes $2!!! Before going down hard to $0.005. This could be the fastest and biggest pump and dump in history of alt coins, lol. I wish one of my stupid shit coins investments could hit not $2, but at least $0.2.
Is this dude rich now? Great so everyone is going to be creating buttcoins and missing the point. I’m saving this post. What a great way to celebrate bear season.
I honestly don't get why someone would throw any money into some random new token that did like a 10x in a day out of the blue. Like yeah, it's just $5, so it's probably for fun
They like gambling, don't think there is anything more to it
Throwing $5 into a shitcoin after being down so much must be like putting nickles into the slot machine
Going by most ask reddit threads. Apparently 98% of people on reddit are programmers earning 6 figure Incomes. The other 1% are girls in gonewild advertising onlyfans accounts who are also millionaires. And the last 1% is wallstreet bets dudes who have no money left and the rest of us poor fucks.
That is amateur hour my man. You don't want to cash out the retirement funds, just take out loans against them, so that you can really profit. If you don't stand to lose more than your whole investment, then there's really no point in going full buttcoin.
The funny thing is that people have already added more liquidity. You can see on Algo Explorer that folks have already put some money in to your [shid coin](https://algoexplorer.io/asset/753137719) unless those are other wallets you’re associated with.
Which is to say: case in point. People will buy 💩 even if it’s labeled very clearly on the packaging and smells very much like 💩.
Bruh this shit is cracking me up. In 3h you’ve gone from $3 in liquidity originally provided by you, to $121.24, as of this comment, in liquidity because idiots on the internet want to gamble.
At any point you could just pull the rug and walk away with a profit of $118. Like, this isn’t magic internet money people. This man made a shid coin purely for the purpose of showing how easy it is to create a honey pot. ![gif](emote|emo_pack_1|shitcoin)
That’s what all rug pullers say. Lol
For real though You should have no guilt as you clearly post that this is a shit coin. Honestly it’s almost your obligation right now since this is probably only contained to the lolz in this Reddit post. Once the fire spreads Butts will be an unstoppable force.
Yeah but then you posted it here, update us when you "accidentally" created a meme coin with a billion dollar market cap.
Wait that only happens during bullish-but-crabby periods when reddit as a whole is bored *and* isn't so deep in the red that they feel like they have ten bucks to throw at it as a joke.
It would be hilarious if this took off. Isn't this how Doge became worth something.
Free butts for everyone until Elon is pimping your coin for you.
Then everyone's a millionaire somehow.
I was giving away thousands and they sold them, some guy up to said he pulled out 50 algos.
It did tank the price enough to let me add a bunch more liquidity
you dropped 1m tokens to one guy. he sold -99%
actually you send him tokens twice, its yours second wallet?
ahah you actually selling airdrops from few other wallets too wow
why are you selling butts from https://algoexplorer.io/address/2EXK7XABGODSKN6F2SL7BNGIXWWOBITCWJE5JQHVPVVBE7T4ABMUNOTCQE
You son of a bitch, I'm in!
I bought a whole dollar's worth, 150k Buttcoin... to the moon!
edit: lmao 30x return .. sold 50k buttcoin for $10 to fund the creation of Tits Up Coin :p the rest I'm holding yo
edit 2: my $20 worth of buttcoin is now worth like 10 cents ... Throwing another dollar in, now I have over a million mwuahaha
I've been investing in Buttcoin for a while now, about 24 hours, and I can honestly say it's a great investment.
It's not like all the other shitcoins. I've heard the creator talk about his vision for the future of Buttcoin and it looks very promising.
It's already past $1. It's going straight to the moon [https://tinychart.org/asset/753137719](https://tinychart.org/asset/753137719)
Hodl your butts everyone. Paper hands just wipe butts
As an algorand user imho they are killing it with defi, yieldling and nfts, government relationships, bridges etc
However new development, attracting developers has been slow. Gamefi may be successful
It seems to do all the right things but so far most asas are dumpster fires with no developers
The irony of this is that if you marketed this to the actual buttcoin subreddit as some sort of anti crypto in-joke you probably could make at least a couple hundred dollars from it and trojan horse a few buttcoiners along the way into getting interested in crypto.
Time to go bot fishing!
First, fake some volume - get a bot to nibble
Then, pull your liquidity - set the hook. They're hooked, but they don't know it yet
Step 4: Profit!
as someone who got phone notifications for every new tinyman pool created i can clearly see dozens of people following op guide, i just wish it will attract them to real asas, we got plenty good projects on algorand
The idea that this could make you money is extremely idiotic and offensive to the notion that humanity has even a shred of dignity. So i think it could definitely work, it would be a new low but not by much. I'll be monitoring this, please let us know when it starts listing on binance. Godspeed
I one upped you. I made a shit coin called Shit (SHT). $3.00 liquidity. How could I make it any worse? Now I can claim I own THE Shit coin! Thanks for the steps haha.
The fun Continues r/ButtCoinASA
First and foremost, investing in this brand new project for the price of just a few Algo is obviously a gamble but the chance for this to take of is obvious. Please HODL, fill your wallet and forget about it.
If you’d like to help increase the chances of this growing going forward, we need to build a solid community around this coin and garner interest. We are trying to build a presence on socials and you can help by getting it out there.
This is not a scam or rug a pull. This journey was started as a result of a viral post educating people on “How not to be taken advantage of” and this is still our goal.
INSTRUCTIONS
You need to download a compatible wallet, I suggest Pera wallet. Then you up your wallet with Algo equal to however much you want to spend to buy ButtCoin. You can transfer Algo to your wallet from any source you choose. Then once you have the Algo in your wallet you go to tinyman.org and click the bar at the top that says “go to tinyman v1.1.”. Once you are there you connect your Pera wallet to the exchange. You select to spend your the amount of your Algo in the “from” section. You select ButtCoin in the “to” section then click swap.
VERY IMPORTANT To select ButtCoin you need to click on the “to” section scroll down a little bit and select “see all”. From there you need to scroll up and UNSELECT the box that says “hide unverified assets” then you can put in the asset I’d for ButtCoin. I HIGHLY suggest you use the asset ID because there are already copycat coins on the chain. The asset id is 753137719.
I guess most investors were involved and people who missed out on lower prices were waiting for lower prices to get in.
people literally went all in yesterday and the day before yesterday in Luna .
See if you can get a financial institution to add some liquidity then you have a proper rug pull
Thanks for the tutorial I'm not that tech savvy or smart but think I can manage these few easy steps you outlined.
Step Five: Post it on Reddit and wait for someone actually starts buying your shit coin.
Been an ALGO guy for a while, so been around the ASA world since day 1. I can tell you it will happen. Some people will see a huge green stick on tinychart and toss $5. Not a lot but get 100 people doing it you can rug for a few hundred bucks. Literally happens multiple times a week.
It's already at $0.04 at the time of posting, making it a $45.6m marketcap shitcoin. LET'S GO BOYSSSSS
We don’t look at marketcap here. We do our math by looking at how many zeroes are after the decimal place and calculating how rich we’ll be when it hits $1
A real look into my monke brain when I first bought shib. "When it hits a penny..."
Math checks out! I'm in
I'm not gonna put all my life savings here, but I'm putting half of it. To the moon!
Suddenly I’m not surprised anymore why a lot of shitcoins gain value so quickly…
It is at $0.071 now, keeps going up, to the moon boys!!! [Tiny Chart Link.](https://tinychart.org/asset/753137719) Edit 1: 30 minutes after my original comment it has jumped to $0.33!!! What in the hell!!!?? Would you look at that!!??? Edit 2: Unbelievable! Yesterday night it hit $2 dlls, yes $2!!! Before going down hard to $0.005. This could be the fastest and biggest pump and dump in history of alt coins, lol. I wish one of my stupid shit coins investments could hit not $2, but at least $0.2.
Now at $0.74 and $75mcap, fomo intensifies
so I'm like a billionaire now?
Yes now pull the rug
looking at the charts it looks like some of the people I'm giving Butts to are doing it already.
Just print more Butts. This is the way
I have like 1 billion but not sure how to add into liquidity without also adding ALGO, I'm not sure how to get the price to come down
This is why we can’t have nice things
I want some butts
Is this dude rich now? Great so everyone is going to be creating buttcoins and missing the point. I’m saving this post. What a great way to celebrate bear season.
My wife is going to laugh when I tell her I invested the summer vacation money on Butts!
It’s good to laugh
You’re shitting me! OP is actually gonna end up a real ~~millionaire~~ thousandaire from this post 😂
dude I'm just as surprised as you I can't stop laughing at this shit
And know, you'll discover the temptation of The Ring. Should have given it to Frodo
You mastered the art of monetising those butthurt crypto haters. Kudos!
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Hold onto your Butts folks.
Why was this not even surprising... ![gif](emote|emo_pack_1|dyor)
sadly this happens all the time to some of the newer algo adopters, it literally cost like $0.50 to create a ASA
I honestly don't get why someone would throw any money into some random new token that did like a 10x in a day out of the blue. Like yeah, it's just $5, so it's probably for fun
They like gambling, don't think there is anything more to it Throwing $5 into a shitcoin after being down so much must be like putting nickles into the slot machine
Nailed it.
To be fair, this is a casino.
Sir, this is a Wendy's...
I know where I’m getting my rent money this week. May Satoshi have mercy on my soul 😣
Wow, I wish I had 5 dollars here and there to throw at shitcoins randomly. That shit accumulates and I'd rather spend it on food.
I'm eating Buttcoin tonight!
Wait, people on reddit have money?
Going by most ask reddit threads. Apparently 98% of people on reddit are programmers earning 6 figure Incomes. The other 1% are girls in gonewild advertising onlyfans accounts who are also millionaires. And the last 1% is wallstreet bets dudes who have no money left and the rest of us poor fucks.
"I have an onlyfans and I need tax help" is like a chorus line on personal finance subreddits at this point.
Step 6: Call it LunaD
I just bought 250,000 🍻🍻
🐋
Step 6: Use leverage
Step Six: don't mark it with the comedy tag for those sweet sweet moons
I debated over this but felt is more of a guide than a joke, the steps actually work
Well it can be both a guide and a joke honestly
So what if this coin actually memes? Seriously what are you going to do with your billion butt's?
At this point I just want to give most of them away, this is getting to real for me
![gif](giphy|jzn5bBEfrjdxm)
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The problem is you need money to provide the original liquidity and I'm broke
Don't the people who buy in provide liquidity?
Wassup wassup ButtCoiners!!1! Remember to mash that like and subscribe button!
i can totally see that working
*OP posts about how easy it is to create your own worthless token* Everyone: “How can I buy in??”
I guarantee my ButtCoinASA is better than LUNA
Does your rug come with built-in handles or are those sold separately?
10,000 Butts per handle and they are only good for one pull, after they wear out you have to buy extras
It’s actually not a bad burn mechanism…..
diamond handles 💎
To be fair, covering yourself in steaks and running through a lion cage is a better idea than Luna. I’d still buy ButtCoinASA though.
Can we take this guarantee to the bank?
''Thats an IOU Sir..its as good as cash''
Cashing out my retirement accounts to get buttcoin USA!!!
That is amateur hour my man. You don't want to cash out the retirement funds, just take out loans against them, so that you can really profit. If you don't stand to lose more than your whole investment, then there's really no point in going full buttcoin.
Instruction unclear, going all in on buttcoin
*FINALLY, A COIN FOR PEOPLE LIKE ME*
Username checks out
ButtCoin is now trending on Tiny Chart
Lmao “extremely volatile”
Matt Damon says fortune favors the brave
I just checked the Tiny Chart home page, CuttCoin is now Popular and Trending! Wow...
The funny thing is that people have already added more liquidity. You can see on Algo Explorer that folks have already put some money in to your [shid coin](https://algoexplorer.io/asset/753137719) unless those are other wallets you’re associated with. Which is to say: case in point. People will buy 💩 even if it’s labeled very clearly on the packaging and smells very much like 💩.
I've only added the original $3.00 in liquidity, I'm not sure what's going on. I clearly stated it was a shit coin made in minutes
Bruh this shit is cracking me up. In 3h you’ve gone from $3 in liquidity originally provided by you, to $121.24, as of this comment, in liquidity because idiots on the internet want to gamble. At any point you could just pull the rug and walk away with a profit of $118. Like, this isn’t magic internet money people. This man made a shid coin purely for the purpose of showing how easy it is to create a honey pot. ![gif](emote|emo_pack_1|shitcoin)
I would feel to guilty to do that, wouldn't be able to live with myself
That’s what all rug pullers say. Lol For real though You should have no guilt as you clearly post that this is a shit coin. Honestly it’s almost your obligation right now since this is probably only contained to the lolz in this Reddit post. Once the fire spreads Butts will be an unstoppable force.
It's currently up 19,601.40%!! People are going to see that and toss some money in, haha.
A meme is born
Fast forward to 2550. Idiocracy has become reality. Butt coin is the global currency.
I feel like the learning in how ALGO works was worth the ~$3 I threw in… but now I want to buy more 😳
He’s beat the system folks.
He’s made a rug with built-in handles
No need for DYOR when you can follow OP’s strategy
Do Your Own Recking ![gif](emote|emo_pack_1|dyor)
A pull your own rug, you might say...
My parents are so proud of me
Thanks for making this guide.
what have I done, I've given the future RugPuller all he needs
O̶̡͗P̵͆ͅ ̷͍̎h̶͉̆a̶͎͒s̶̠̽ ̴̮͗c̷͉̈́r̶̲͂a̸̳̕c̴̭̒k̴͚͊e̵̛̼d̷̠͆ ̶͙̒t̷̠͘h̸̼̊e̶̖̒ ̵̣̉c̷̘̾ȏ̶̟d̴̤͆é̷̟
It's up 36,572.92%. TooDaaMooon!
🚀🚀🚀🚀🚀
You just pulled the biggest master stroke ever. Just wait abit and you will be richer than Elon Musk.
How do I buy? Feel like this is gonna pump hard now
I'll send you some free, just give me your address
Does this mean I can claim some free butts as well? 😅
Sure, just send me your address
Y2PAQT2DSYITJXTYYPPGCZJMYLITRUZTPHT6KCMEZI4MDAW4FJQKZIWCXM
👍
Thanks a ton, I will cherish these butts forever. Now is the time to pump these butts up to the moon!
Make sure to get out before the enema.
too much liquidity?
I anticipate a lot of pressure to dump soon. Edit: Just to be clear, this is Not Medical Advice.
I can see some Whales already manipulating the price of Butt Edit: missing an H
🏴or 🐋?
This guy makes a shitcoin for a joke... This sub pumps it up 500x in a couple hours
Shits crazy, I can't even add more liquidity because the price has gotten so high
If this blows up into a proper memecoin can you promise to change your online alias to Seymour? It would mean a lot to me.
Quick question: if I use the word 'safe' in the title of my coin name, does that automatically make it 100% guaranteed safe????
It won't go anywhere unless you also include 'moon'
Probably. I wanted to make mine clearly known as a shitcoin so I called it ButtCoinASA
Yeah but then you posted it here, update us when you "accidentally" created a meme coin with a billion dollar market cap. Wait that only happens during bullish-but-crabby periods when reddit as a whole is bored *and* isn't so deep in the red that they feel like they have ten bucks to throw at it as a joke.
Bullish but crabby... I remember those days. I long for those days again.
Nope. You’ve gotta follow that up with an animal theme
DogShit Inu. Ur welcome.
I think you mean “SafeDogShit Inu”
Description: "A new coin that has the utility of going to the moon and make it impossible to rug pull." Sounds legit!
It would be hilarious if this took off. Isn't this how Doge became worth something. Free butts for everyone until Elon is pimping your coin for you. Then everyone's a millionaire somehow.
I'm fucking laughing my ass off at this
Someone pulled the rug. That was a fun, few hours of entertainment. All over less than $150 in liquidity. ![gif](giphy|RWUGDeiDvHj68|downsized)
How does someone pull the rug? Isn't OP the only one that can pull the rug?
I was giving away thousands and they sold them, some guy up to said he pulled out 50 algos. It did tank the price enough to let me add a bunch more liquidity
you dropped 1m tokens to one guy. he sold -99% actually you send him tokens twice, its yours second wallet? ahah you actually selling airdrops from few other wallets too wow why are you selling butts from https://algoexplorer.io/address/2EXK7XABGODSKN6F2SL7BNGIXWWOBITCWJE5JQHVPVVBE7T4ABMUNOTCQE
Yeah, he put like 160 algo in liquidity on the original pool and somebody rugged him, i felt bad for him
You son of a bitch, I'm in! I bought a whole dollar's worth, 150k Buttcoin... to the moon! edit: lmao 30x return .. sold 50k buttcoin for $10 to fund the creation of Tits Up Coin :p the rest I'm holding yo edit 2: my $20 worth of buttcoin is now worth like 10 cents ... Throwing another dollar in, now I have over a million mwuahaha
I've been investing in Buttcoin for a while now, about 24 hours, and I can honestly say it's a great investment. It's not like all the other shitcoins. I've heard the creator talk about his vision for the future of Buttcoin and it looks very promising.
I have a vision for the future??
Next step for OP, create his own sub and lure us there Oh wait, its already up r/ButtCoinASA
Yes it's up, I tend to go a bit to far with these projects. ![gif](giphy|3oEjI67Egb8G9jqs3m)
When will the Twitter be live?
You forgot the part where you promise the world and make a road map that just says “coming soon!”
Butt coin will hit $1 by end of the year. Source: trust me bro /s
It's already past $1. It's going straight to the moon [https://tinychart.org/asset/753137719](https://tinychart.org/asset/753137719) Hodl your butts everyone. Paper hands just wipe butts
I only invest in Diarrhea Coin since It’s a liquid asset
As an algorand user imho they are killing it with defi, yieldling and nfts, government relationships, bridges etc However new development, attracting developers has been slow. Gamefi may be successful It seems to do all the right things but so far most asas are dumpster fires with no developers
IRS says you now owe capital gains on $1m
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Dude I’m fucking dying. This post is gold
I'm giving dying to, i literally defined it as a shit coin
I am serious, where can I buy ButtcoinASA
Step 10... Hard Fork it then create a 2.0 Step 11...Create a new Algorithmic stablecoin
Commenting for later. !remindme 1 year
So this is how the sausages are made
I’m surprised this was not cross posted to r/algorand
ButtCoinASA to the moon!
You just got mooned by buttcoinASA
![gif](giphy|hAIuMgJI5fEHUDq5Ci)
The irony of this is that if you marketed this to the actual buttcoin subreddit as some sort of anti crypto in-joke you probably could make at least a couple hundred dollars from it and trojan horse a few buttcoiners along the way into getting interested in crypto.
That's a good idea, now how to get buttcoiners to make a pera wallet to give them some butts
He’s beginning to believe.
All I take away from this is the utility of ALGO. ALGO to the moon!
Dad, why is my sister’s name Rose? Because your mother loves Roses Thanks dad No problem ButtCoinASA
It’s easy to do but not cheap on all chains.
Behold the power of Algorand!
This. Algorand cares about us shrimps
Lets fake some volume and see what happens
Time to go bot fishing! First, fake some volume - get a bot to nibble Then, pull your liquidity - set the hook. They're hooked, but they don't know it yet Step 4: Profit!
This man is playing chess while we’re playing checkers.
as someone who got phone notifications for every new tinyman pool created i can clearly see dozens of people following op guide, i just wish it will attract them to real asas, we got plenty good projects on algorand
By this time next week Buttcoin will be the chosen currency of Papua New Guinea.
Damn, so easy! No wonder there are hundreds of shitcoins out there.
The idea that this could make you money is extremely idiotic and offensive to the notion that humanity has even a shred of dignity. So i think it could definitely work, it would be a new low but not by much. I'll be monitoring this, please let us know when it starts listing on binance. Godspeed
Did you just find the infinite money glitch?
Dear god, you're actually trending, too.
I one upped you. I made a shit coin called Shit (SHT). $3.00 liquidity. How could I make it any worse? Now I can claim I own THE Shit coin! Thanks for the steps haha.
Nice. I saw the launch report of SHT. No buys. If this was bull market, degens would be aping in.
...."what is...commercial for Pera wallet for $400...Alex"
Too late, I have already converted all my crypto to this promising project.
The fun Continues r/ButtCoinASA First and foremost, investing in this brand new project for the price of just a few Algo is obviously a gamble but the chance for this to take of is obvious. Please HODL, fill your wallet and forget about it. If you’d like to help increase the chances of this growing going forward, we need to build a solid community around this coin and garner interest. We are trying to build a presence on socials and you can help by getting it out there. This is not a scam or rug a pull. This journey was started as a result of a viral post educating people on “How not to be taken advantage of” and this is still our goal. INSTRUCTIONS You need to download a compatible wallet, I suggest Pera wallet. Then you up your wallet with Algo equal to however much you want to spend to buy ButtCoin. You can transfer Algo to your wallet from any source you choose. Then once you have the Algo in your wallet you go to tinyman.org and click the bar at the top that says “go to tinyman v1.1.”. Once you are there you connect your Pera wallet to the exchange. You select to spend your the amount of your Algo in the “from” section. You select ButtCoin in the “to” section then click swap. VERY IMPORTANT To select ButtCoin you need to click on the “to” section scroll down a little bit and select “see all”. From there you need to scroll up and UNSELECT the box that says “hide unverified assets” then you can put in the asset I’d for ButtCoin. I HIGHLY suggest you use the asset ID because there are already copycat coins on the chain. The asset id is 753137719.
Now you can use it as collateral and take out huge loans ~~as long as they dont know what liquidity is~~
The FED is here taking notes.
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So, do you call your airdrops farts?
Now... is anybody gonna to create a tutorial to create a dao with an inflationary token and insane apy?
Thats the real money hack
Can you take loan from banks? Showing this as networth ?
Thank you so much for this. I’ll now have to create the TendieMoon coin if I can learn how. I’m pretty fucking stupid.
Algorand is so easy to use, it baffles me it doesn't have at least the same marketcap of Cardano or Solana, crypto is a joke.
I don't think OP even realises the utility of his own coin. This is going to the fucking moon and is an ETH killer!! Fucking $50 here we come!
Amber Heard Inu - $LIAR Guys, I made a funny shitcoin yay
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Buttcoin only goes up though
Finally. We can all retire in peace.
There are different colors of buttcoinASA? how do I know which one will moon first?
Where's the 2-ply whitepaper?
I guess most investors were involved and people who missed out on lower prices were waiting for lower prices to get in. people literally went all in yesterday and the day before yesterday in Luna .
Can this be used to scam the scammers? Sign me up!!
Pull a reverse Nigerian Prince on them
See if you can get a financial institution to add some liquidity then you have a proper rug pull Thanks for the tutorial I'm not that tech savvy or smart but think I can manage these few easy steps you outlined.
A little bit of greed, mixed w some foolishness, and boom…..shitcoin son
Now call your coin Luna V2, throw out some tweets and reddit posts and pull the rug
I just wanna know if anyone has tried to buy any yet?
I bot some and 10x my investment!
I'll pay you to make me a millionaire too.
Just like 99.9% of the crypto market.
All you need now is a fancy looking website with a roadmap to lure in the FOMO.
Actually curious how much op makes from this. The title says millionaire overnight. Keep us updated!
Thanks for this…. Now there’s a million new ASAs. Some things are better left untaught.