Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Farmer Bill]

The application of this for Bitcoin could be to code your wallet seed phrase in this way by choosing a book and finding those seed words in the book and converting them to 5 digit numbers.

Without knowing from which book and the exact print edition (your key), your seed phrase is reasonably safe.

The cryptographers here will be able to punch holes in this but for good enough protection for regular folk it could work quite well.

Yes, they will.  So don’t do it.

No, it is not “good enough protection for regular folk”.  Not when in the real world—not in theory, but in practice—there are blackhats doing a batch offline attacks using any text corpus you can think of.

In a roundabout way, you have reïnvented your own version of the brainwallet.  I snipped the part that you said about number stations, because it’s irrelevant:  You are introduced your scheme by discussing some spy stuff that often relied on secure randomness, then discarded secure randomness.  Don’t do this.

Decoding could be by the use of a one-time pad or simply a book.

One-time pad = secure randomness, by definition.  (And if it doesn’t use secure randomness, it is not a one-time pad!  Also, by the way, in modern cryptography, “one-time pad” is often a red flag for snakeoil; a one-time pad is itself secure, but the term is so abused by ignorant fools that it has become a mostly reliable marker for a high probability of bad crypto.  A one-time pad and its information-theoretic security proof are altogether totally irrelevant to Bitcoin wallets, so I will further ignore this.)

“Simply a book” may have been adequately secure for some uses 50 or 60 years ago.  Not today, when a computer can easily grind through trillions of phrases guessed from a text corpus.

Please do realize that cryptography has changed.  In the WWII era, and for most of the Cold War era, the very best ciphers would be laughably insecure by today’s standards.  Accordingly, cryptanalysis was different.  In real-world use by militaries, the use of cryptography was quite often only to slow down the cryptanalysts for long enough that a message would be irrelevant:  A general doesn’t care if his “ATTACK AT DAWN” message is cracked after the dawn attack has already occurred.

To give you a quick gut-shot feeling for how much cryptography has changed, without getting too technical:  Cryptanalysis departments used to employ teams of experts in (human) languages, to assist with estimation of word frequencies and letter frequencies in the plaintext.  They don’t do that anymore—not the same way as they used to; not nearly—because modern ciphers output ciphertext that is indistinguishable from randomness for a computationally bounded attacker.  If the type of probabilistic cryptanalysis used decades ago could shave even 1 bit off the security margin of a cipher like AES or Chacha20, then the cipher would be declared to be badly broken!  Alan Turing could drawn up his “Eines List”, way back when—nowadays, that type of analysis is generally unhelpful.

Anyway, I hope you get my point:  There was a time when for certain uses, if you understood the threat model very well, then maybe you could use some phrase from a printed book as a secret key.  That is completely inapplicable to Bitcoin wallets.  Using a phrase from a book as a Bitcoin brainwallet is a most excellent way to run a high risk of getting your money stolen; and advising others to do so is a way to make them risk getting their money stolen.  Don’t do that!

P.S., if you still believe in your scheme, then please suggest it in the technical forum where you will be promptly roasted to a crisp.  I don’t have so much time to pick apart insecure brainwallet schemes anymore; I wasted too much time on that, for years.

Thank you for your lengthy post and excellent input Nullius on the complexity of what on the surface to ordinary people seems a fairly simple task.
Matching seed phrase to random single words from random pages of a random book just seemed a good idea coupled with putting the 5 digit numbers on a 2 of 3 paper backup in different geographical locations also seemed a good idea.
Till now.

Most interesting post and I shall be upping the security of my phrase which I do have a copy in my brain.

I certainly do not want you dead of apoplexy and more selfishly to lose any Bitcoin.

And to others do not follow my advice on storing your seed phrase.

Happy to see mid 50k after Sunday's coordinated dump.

[El duderino_]

https://twitter.com/sallymayweather/status/1386881393146408960?s=21

[nullius]

Increasing base-layer capacity to, what, maybe 30–40 tps tops would be a sick joke at a cost that would surprise people.  It would not solve any problems, and it would create many.  We need technologies supporting tens of thousands of TPS or more; a doubling (or whatever) of the current blocksize is insufficient by orders of magnitude, too much and not enough all at once.

Do we though? I keep seeing people, big blockers and some OG's alike, banging on this proverbial drum, year after year after year, as if it such a dire, imminent need.

Yes.  It is.

But if most bitcoiners see Bitcoin as 99% SOV and and 1% or less as a transaction medium, then no, it's not. And we don't. The current TPS limit will continue to serve just fine.

Forget bigblockers.  To stick one’s head n the sand with that type of thinking is to cede the field to altcoins, in the manner of philipma1957’s signature:

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.

In the long term, that devolves to an altcoin replacing Bitcoin altogether:  Why use one currency as a store of value, and another as a medium of exchange?  It’s better to use the medium of exchange as the store of value, too.  The money that can be used for both will be the most valuable money.  Whence does Bitcoin derive its value, after all?

And Gresham's Law will continue to prove that out.

Exactly:  If Bitcoin does is not useful as money, then...

I put it in such terms because candor is good and necessary for Bitcoin.  “Rah rah, we’re the best!” is a losing argument at market; and telling people just to “HODL” their money, rather than using it for economic activity, is a foot-shooting way inadvertently to advocate for altcoins.  Whenever I see altcoiners say that “Bitcoin is only a ‘store of value’, not good for transactions”, I call that out as untrue; and when they couch that as a Bitcoiner argument, I call it out as a strawman.  But from you, it is not a strawman; it is your argument for Bitcoin!

Objectively, altcoins don’t have so much of an advantage as it may seem to the naïve newbie who just wants to buy a cup of coffee.  Altcoins only seem to offer inexpensive transactions, because:

• Many them simply aren’t used much.  Bitcoin also had negligible fees, when its blocks were empty.  Low demand = low fees.
• Many of them have low security against 51% attacks (or similar attacks in POS-land).  They may be adequate for toy money, but not for your life savings—and not for a trillion dollars (and growing) in total value on the network.
• The few altcoins that can actually support high TPS with some sort of adequate security make trade-offs to achieve that.  The price of reasonably secure high TPS on-chain is that to run a node, you will pretty much need at least an octocore Xeon with 32 GiB of RAM, 100 Mbps dedicated bandwidth, and terabytes of fast SSDs.  Accordingly, the coins must become more centralized, less private, and less censorship-resistant.  Bitcoin still runs just fine on a Raspberry Pi, on the type of home Internet connection which is commonly available in most developed countries.  Because of this, Bitcoin is the money that nobody can control—thus, it is still the most secure cryptocurrency, after all.

As I said before:

Never forget that the blockchain with the Nakamoto Consensus is the world’s most inefficient database.  That is the cost of decentralization.

It is a problem that cannot be magicked away with hype and handwaving.

Better idea:  Transact off-chain, and use the blockchain as a global, public synchronization layer for what are effectually private local ledgers.  Why does every cup-of-coffee tx need to be permanently archived in the world’s most inefficient database!?

There is a reason why the acronym "HODL" is so identified with Bitcoin, but certainly not with fiat.

Well, for my part, I thought that the reason for that is that Bitcoin is a good investment even through downturns—and moreover, it’s good for savings.  Inflationary money is detrimental to savers.  HODLing $/€ that slowly loses value is not smart!

IMO, ideal money would retain exactly the same value in perpetuity.  You could set it on a shelf for a thousand years, then find that one unit of it still buys exactly the same amount of (say) milk and eggs.  Bitcoin is definitely not ideal by this standard; but given the choice between inflationary versus deflationary money, I prefer the deflationary money, thank you very much.  (People who never save, and especially those who live a lifestyle of perpetual indebtedness, may actually prefer the inflationary money; now, there is a depressing thought.)

[JayJuanGee]

I bought in the first dip between 53,9 and 54,4
The last dip I got a bunch more between 47,9 and 48,1

I’m back to about even on my first drippings now and up on the 2nd..

Figure I’ll be pretty happy with all of it once we are back over 60..
That money was kinda supposed to be for something else, like responsible adulting, but I couldn’t resist..

Yes... kind of risky to be screwing around with your cashflows like that (hopefully it was not "kind of" for rent, food, a car payment that might cause you to lose your car or something else that has high costs if your cashflow ends up NOT resolving itself), and hopefully (such gamble) ends up working out for you.

By the way, since we are making confessions (disclosures) here regarding our BTC buys, I will say that in the past 5 days, I had buy orders fill every $1k between about mid-$52ks and mid-$47ks, but that was the more recent series and the earlier series of buy orders filling every $1k were getting filled started from April 17 from mid-$58ks down to mid-$51ks.   And, of course there is a wee bit of cheating going on with me too because my buys are not generally coming from new fiat,. but are still structured in a way that they are striving to stack sats rather than stack dollars.

I mentioned before that based on an upcoming business arrangement that I have that will likely be in the near future, I may well have to shave off a bit extra in BTC on the way up.. but so far, I am tentatively planning sticking to my original system without any extra shavings - and with the passage of time, I will likely be able to confirm whether I might need to shave off some extra BTC.. because of short falls in cash from other sources..

So, yeah none of us are completely immuned from a certain level of gambling with our stash (including yours truly) when we are contemplating spending of value deals that go quite a bit beyond our regular cashflows and any kind of cash that we might have in reserve or any kind of assets that we might want to liquidate or put up as collateral before spending from our bitcoin stash.  I personally do not really mind using my regular BTC shavings, but I will end up either having to move my lowest buy orders up from $10k to perhaps even above $30k.. which surely becomes a greater gamble, and surely there can be a bit of comfort that comes in the event that we were to seem as if we were coincidentally reaching a kind of blow off top (or even a seemingly local top), but not always clear if such blow off or local top is present, and surely, as I type this post, we do not seem to be close to either a local top or a blow off top.

[Torque]

Objectively, altcoins don’t have so much of an advantage as it may seem to the naïve newbie who just wants to buy a cup of coffee.  Altcoins only seem to offer inexpensive transactions, because:

No one is buying and using shitcoins to buy a cup of coffee. Just as no one is buying Bitcoin to buy a cup of coffee.

They're using fiat to buy a cup of coffee. Which just further reinforces my point. Theory and reality are two entirely different things.

Also, are you trying to beat out JJG for the 2021 Wordie Man award or what? 

[JayJuanGee]

Good day 

So i see BTC at $55k, out of shallow waters, where the bears satisfy their thirst.
I'd like to see the price a lil higher today, above $55.5k, just to make sure we left the dump behind.
Expecting fights at well known levels like $58, $60k and $62k, so $70k by may (which rhymes beautifully) may become very real.
#hodltight

Good day

This time our TA worked out very well. If Bitcoin break resistance at 57K goes higher then we might see new ATH.

Trader quotes at it again 

Exactly...

1) if bitcoin goes higher then it is closer to going even more higher.

2) surely bitcoin must get past $57k in order to get up and beyond $64,895

 

Good morning Bitcoinland.

Back up over $55k... currently $55037USD/$68270CAD (Bitcoinaverage).

We still have a couple of days to turn April's candle green.

Go Bitcoin go.

Just so everyone realizes, the target price to turn this month's candle green is $58,789.96 and it would have to happen before midnight UTC.. which is about 3 days and 6 hours from the time of this post, so it would NOT be an impossible to achieve, but surely is far from a given, in my humble bumble opinion, for whatever that's worth.

[El duderino_]

And still the "dump BTC for ETH or XRP" pump trade continues.  

Gosh do they want people in anything *but* Bitcoin so badly...  

I wonder why? Smells like 2017 all over again...

Pity for the n00bs and more pity for those who already been in the situation and made gaines, though those people before (also some of my friends) "made gaines" but also choked themselves in the altcoin-koolaid and never took the BTC profits always thinking it will go higher it will sustain etc... So the profit they should have taken turned around in what altcoins true meaning is designed for "Not for making BTC, but its to take away peoples BTC" Few understand this. But also friends of me right now... have rallied MAXIMUM profits with like ADA for example, it rallies so good that they now think its a good coin while its a shitcoin which is becoming more and more a bigger shitcoin over time and just rallies on the hype etc ... Some have to burn themselves more as one time I guess ...

[El duderino_]

Objectively, altcoins don’t have so much of an advantage as it may seem to the naïve newbie who just wants to buy a cup of coffee.  Altcoins only seem to offer inexpensive transactions, because:

Also, are you trying to beat out JJG for the 2021 Wordie Man award or what? 

I think so, a separate thread for them long long posts could serve 

Though JJG is mixing some shorter posts in the mix as well

[nullius]

https://twitter.com/sallymayweather/status/1386881393146408960?s=21

People who make these arguments have clearly never heard of Northern Europe

I can shortcut that whole argument by pointing out that countries in Northern Europe have not recently had an executive-branch election stolen with massive ballot fraud.  When you are living in a banana republic run by a socialist who stuffed the ballot, “socialism” versus “not socialism” may turn out to be the least of your problems.

Before you worry about the economy being flushed down the toilet with tax-and-spend policies, you may want to worry about how El Presidente is turning Dubya’s “War on Terror” machinery of global terrorism inwards.  E.g., via Glenn Greenwald:

The Targets of Biden's War on "Domestic Extremists" May Not Be Who You Think
Illustrating the dangers of the federal government's war on "domestic extremists," animal rights activists are being prosecuted under a capacious definition of "terrorism."

Leighton Akira Woodhouse
[26 April 2021]

[...]

The following year, the animal agriculture industry successfully lobbied the Iowa state legislature to make what Pachaud had done a crime. The law was one of many so-called “Ag Gag” laws in agricultural states across the country, which make undercover investigations on factory farms by animal rights groups unlawful (an estimated 99 percent of animals raised for meat are factory farmed; the very few small family farms that are left are being systematically driven out of business by the industrialization and economic consolidation of the industry). As Ag gag laws effectively criminalize speech, some of the more sloppily written among them have been subject to successful constitutional challenges; Iowa’s 2012 law was among them. In 2019, a federal judge struck down Iowa’s 2012 law.

[...]

As should surprise nobody who lived through the political aftermath of 9/11, these laws were passed under the pretext of combatting “terrorism.” Radical animal rights and environmental activists have, in fact, long been among the FBI’s top “domestic terrorism” targets, as well as targets of draconian new legislation. In 2006, at the behest of the pharmaceutical and animal agriculture industries, Congress passed a law specifically defining animal rights activism aimed at “damaging or interfering with the operations of an animal enterprise” — whether or not violence was involved — as “terrorism.”

[...]

Currently, a bill with 196 Democratic co-sponsors (and 3 Republicans) is before Congress, which would begin to build the legal and bureaucratic architecture for an interagency domestic terrorism response unit within the Department of Justice, the FBI, and the Department of Homeland Security. The legislation is explicitly a response to the Capitol Riot and is pointed particularly at “White supremacist” and “neo-Nazi” groups — a particularly unsympathetic and uncontroversial cast of culprits.

But the PATRIOT Act was also purported to target only the most hateful, murderous people in the world — Islamic terrorists — before it metastasized into a massive surveillance state infrastructure that spied on literally every single American with an internet connection. Are we to expect that a domestic analogue to the PATRIOT Act will draw the line at violent sociopathic racists? The intelligence community demonstrably does not: a recently declassified report lists animal rights and environmental activists, abortion activists on both the pro-life and the pro-choice sides, anarchists, and anti-capitalists as potential domestic terrorist threats.

Whoops!

[JayJuanGee]

Do you want for nullius to die of apoplexy? 

Don't tempt us (royal, for sure).

And still the "dump BTC for ETH or XRP" pump trade continues.  

Gosh do they want people in anything *but* Bitcoin so badly...  

I wonder why? Smells like 2017 all over again...

Who's they?

Yes, "they" take advantage of people's dumb whenever possible.. but still, seems like an overall market phenomena - and surely one that is more present in the "crypto" space when normies can enter and exit very easily, as compared with traditional assets - even though Robinhood and services like that are starting to make more trading possibilities more available to normies.

[rolling]

https://twitter.com/sallymayweather/status/1386881393146408960?s=21

People who make these arguments have clearly never heard of Northern Europe

Those countries are not socialist.

This lie was started by Bernie Sanders and just won't die among the left extremists in the United States.

Socialism is a dirty cuss word and nobody should be promoting it, least of all our own senators.

https://www.nbcnews.com/think/opinion/bernie-sanders-wrong-democratic-socialism-sweden-everywhere-else-ncna1158636

Contrary to the prevailing narrative, the success of Nordic countries like Sweden — as measured by relatively high living standards accompanied by low poverty, with government-funded education through university, universal health coverage, generous parental-leave policies and long life spans — precedes the contemporary welfare state.

[Biodom]

And still the "dump BTC for ETH or XRP" pump trade continues.  

Gosh do they want people in anything *but* Bitcoin so badly...  

I wonder why? Smells like 2017 all over again...

Pity for the n00bs and more pity for those who already been in the situation and made gaines, though those people before (also some of my friends) "made gaines" but also choked themselves in the altcoin-koolaid and never took the BTC profits always thinking it will go higher it will sustain etc... So the profit they should have taken turned around in what altcoins true meaning is designed for "Not for making BTC, but its to take away peoples BTC" Few understand this. But also friends of me right now... have rallied MAXIMUM profits with like ADA for example, it rallies so good that they now think its a good coin while its a shitcoin which is becoming more and more a bigger shitcoin over time and just rallies on the hype etc ... Some have to burn themselves more as one time I guess ...

The sign of the times is that people get excited by the new shiny things..in 2017 it was eth and xerp, now a-coin, d-coin, u-coin, l-coin.
For some, the gains are spectacular (currently). However, we know how it all ends-in a vast under-performance vs btc when the bear market ensues.
All in all, they are oscillators (have been so far). A-coin that you mentioned was the biggest oscillator of them all-lost 98-99% in 2018-2019.
IMHO, it will lose 90% at some point again, the question is-from where?
I never sell btc for any alt, but dabble using fiat. Not buying now.
The difficult art to master is when to sell.
It's easier with bitcoin-I never sell any more, just buy+accumulate otherwise.

[TheJuice]

it's been a while since ive ben in this thread. How are we today? 58k at EOM?

[JayJuanGee]

[edited out]

Also, are you trying to beat out JJG for the 2021 Wordie Man award or what?  

Huh?

You did not get the memo, Torque?

nullius beat me a long time ago.  I am Mr. Shortie (and sparse), relatively speaking.

Objectively, altcoins don’t have so much of an advantage as it may seem to the naïve newbie who just wants to buy a cup of coffee.  Altcoins only seem to offer inexpensive transactions, because:

Also, are you trying to beat out JJG for the 2021 Wordie Man award or what?  

I think so, a separate thread for them long long posts could serve  

Though JJG is mixing some shorter posts in the mix as well

Maybe there should be a thread with just Nullius and me?  But we would not want to interact with each other that much.

Alternatively, theymos could build-in an automatic diversion of all posts from Nullius and me to one thread (only showing a reference in whatever thread we had posted), even though neither of us would want such seclusion from the peeps and normies, we end up falling into such predicament and hoisted by our own petard(s)..

sucks to have a wordy "issue", sometimes.  You guys should be feeling sorry for us.

 

[shitcoin talkenings...... ]
The difficult art to master is when to sell.  

That seems to be the crux of the matter including the dilemma that normies get into, including that some normies start to actually believe that their shitcoin has actual value, which is dumb as fuck, but surely a real phenomena.. as mentioned by the dude.

it's been a while since ive ben in this thread. How are we today? 58k at EOM?

Royal we?  You should be able to answer that question ur lil selfie, no?

Welcome TheJuice... no homo.. NOW, get out there and post something a wee bit more substantive!!!!!!!   

[nullius]

Objectively, altcoins don’t have so much of an advantage as it may seem to the naïve newbie who just wants to buy a cup of coffee.  Altcoins only seem to offer inexpensive transactions, because:

No one is buying and using shitcoins to buy a cup of coffee.

Yes, they are.

Just as no one is buying Bitcoin to buy a cup of coffee.

Because they can’t (unless with Lightning).

They're using fiat to buy a cup of coffee.

See above:  Shitcoins.  (And those aren’t the only ones; there are some much better altcoins getting point-of-sale traction for brick and mortar purchases nowadays.  If you don’t know that, it is your problem.)

Which just further reinforces my point. Theory and reality are two entirely different things.

Bitcoin is supposed to be money.  That is the theory.  If it’s not useful money in reality, then I don’t want it.  Thank goodness for those L2 things that you want to ignore; why do they even exist?

blockchain : wire transfer :: offchain : Visa

Also, are you trying to beat out JJG for the 2021 Wordie Man award or what? 

No.

[El duderino_]

And still the "dump BTC for ETH or XRP" pump trade continues.  

Gosh do they want people in anything *but* Bitcoin so badly...  

I wonder why? Smells like 2017 all over again...

Pity for the n00bs and more pity for those who already been in the situation and made gaines, though those people before (also some of my friends) "made gaines" but also choked themselves in the altcoin-koolaid and never took the BTC profits always thinking it will go higher it will sustain etc... So the profit they should have taken turned around in what altcoins true meaning is designed for "Not for making BTC, but its to take away peoples BTC" Few understand this. But also friends of me right now... have rallied MAXIMUM profits with like ADA for example, it rallies so good that they now think its a good coin while its a shitcoin which is becoming more and more a bigger shitcoin over time and just rallies on the hype etc ... Some have to burn themselves more as one time I guess ...

The sign of the times is that people get excited by the new shiny things..in 2017 it was eth and xerp, now a-coin, d-coin, u-coin, l-coin.
For some, the gains are spectacular (currently). However, we know how it all ends-in a vast under-performance vs btc when the bear market ensues.
All in all, they are oscillators (have been so far). A-coin that you mentioned was the biggest oscillator of them all-lost 98-99% in 2018-2019.
IMHO, it will lose 90% at some point again, the question is-from where?
I never sell btc for any alt, but dabble using fiat. Not buying now.
The difficult art to master is when to sell.
It's easier with bitcoin-I never sell any more, just buy+accumulate otherwise.

Worst I have been hearing lately was when some friends still holding XRP, sold there shitcoin when the lawsuit was there, I said to surely sell, lot of them did .... Later on they told me why did we sell we said it was gonna pump etc LoL, they still like the XRP performance while its still half in FIAT terms from ATH and I don't know how ad against BTC, ofcourse they only watch against USD but really LoL.... They really think its performing good and they just wanna believe its a good coin cause its cheap in FIAT terms, only around a buck ... pfff n00bs, n00bs everywhere

[El duderino_]

it's been a while since ive ben in this thread. How are we today? 58k at EOM?

Maybe, but could be EO-this hour as well...

Or at EO-Chelsea-Real game...

[OutOfMemory]

And still the "dump BTC for ETH or XRP" pump trade continues.  

Gosh do they want people in anything *but* Bitcoin so badly...  

I wonder why? Smells like 2017 all over again...

Pity for the n00bs and more pity for those who already been in the situation and made gaines, though those people before (also some of my friends) "made gaines" but also choked themselves in the altcoin-koolaid and never took the BTC profits always thinking it will go higher it will sustain etc... So the profit they should have taken turned around in what altcoins true meaning is designed for "Not for making BTC, but its to take away peoples BTC" Few understand this. But also friends of me right now... have rallied MAXIMUM profits with like ADA for example, it rallies so good that they now think its a good coin while its a shitcoin which is becoming more and more a bigger shitcoin over time and just rallies on the hype etc ... Some have to burn themselves more as one time I guess ...

The sign of the times is that people get excited by the new shiny things..in 2017 it was eth and xerp, now a-coin, d-coin, u-coin, l-coin.
For some, the gains are spectacular (currently). However, we know how it all ends-in a vast under-performance vs btc when the bear market ensues.
All in all, they are oscillators (have been so far). A-coin that you mentioned was the biggest oscillator of them all-lost 98-99% in 2018-2019.
IMHO, it will lose 90% at some point again, the question is-from where?
I never sell btc for any alt, but dabble using fiat. Not buying now.
The difficult art to master is when to sell.
It's easier with bitcoin-I never sell any more, just buy+accumulate otherwise.

Worst I have been hearing lately was when some friends still holding XRP, sold there shitcoin when the lawsuit was there, I said to surely sell, lot of them did .... Later on they told me why did we sell we said it was gonna pump etc LoL, they still like the XRP performance while its still half in FIAT terms from ATH and I don't know how ad against BTC, ofcourse they only watch against USD but really LoL.... They really think its performing good and they just wanna believe its a good coin cause its cheap in FIAT terms, only around a buck ... pfff n00bs, n00bs everywhere

See? That's why i always use $SHIT-$BTC charts to evaluate how a shitcoin is performing.

EDIT
Spoiler: All of them suck in the long term -> no importance for investment.

[Torque]

https://twitter.com/NorthmanTrader/status/1386984957399257088?ref_src=twsrc%5Etfw

[OutOfMemory]

^ The modern kind of criminalization. Tweak the legal framework to favor big farms and farming companies, so that the little farmers can't keep up with agricultural laws and standards. This is how the EU works, for example. Either grow bigger and bigger to earn the money to compete in the standards and rules race, or die as a full-time farmer. All for the best of the customer, of course  

Off for watching a movie with the missus. Have a good time!