rpietila Wall Observer - the Quality TA Thread ;)

[rpietila]

Rpietila do you not have a humidor? i could recommend one which i use myself - until i started storing my cigars this way i thought they were not worth using - but the difference smoking one at optimum moisture levels enhances the flavours considerably.

Finnish winter's relative humidity is quite low inside the house. I probably overloaded the humidor with water which means that some of it had dripped from the moisturising part to the cigar in question. The wrapper was actually damp. I thought that "nice, at last the humidity is high enough", but seems that I overdone it. Thank you and the ones with PM answers.

[vokain]

I like the name change
oh the places we'll go

[KFR]

So I see the cult of the cryptogoat continues to grow. 

[User705]

Rpietilla, any luck with your Gox withdrawals?

4 days here - no bitcoins, no words from Gox.

They sent me new year's greeting of BTC1 but are still withholding 15 transactions totalling BTC500+.

An unrelated note - I lost half of a 7"-54 cigar (Cohiba Piramides) because it was burning too cold. Is this because of too high or too low humidity (or sth else)? Only the second half worked.

Major announcement: There is a new private bitcoin forum online. If you belong to the top contributors here, please PM and I will send you an invitation. Finally a place to take the discussion to a new level! 

What defines a "top contributor"?

[rpietila]

What defines a "top contributor"?

Bitcointalk has 200,000+ users. The new forum is aiming to get members from the 1,000 most prominent, knowledgeable, understanding, eloquent, smart, etc. among them. The most important criterion is deep interest in Bitcoin.

No trolls. No lurkers. Later on some part of the forum will be made public so that the lurkers can also benefit from our work.

[chessnut]

What defines a "top contributor"?

Bitcointalk has 200,000+ users. The new forum is aiming to get members from the 1,000 most prominent, knowledgeable, understanding, eloquent, smart, etc. among them. The most important criterion is deep interest in Bitcoin.

No trolls. No lurkers. Later on some part of the forum will be made public so that the lurkers can also benefit from our work.

Im sorry that I trolled your post earlier mr. Rpietila. I wont do it again.

Can you please tell me what a lurker is?

[smoothie]

What defines a "top contributor"?

Bitcointalk has 200,000+ users. The new forum is aiming to get members from the 1,000 most prominent, knowledgeable, understanding, eloquent, smart, etc. among them. The most important criterion is deep interest in Bitcoin.

No trolls. No lurkers. Later on some part of the forum will be made public so that the lurkers can also benefit from our work.

Yes this sounds sort of illuminati-ish. Secret society type stuff.

To each his own.

[bambou]

What defines a "top contributor"?

Bitcointalk has 200,000+ users. The new forum is aiming to get members from the 1,000 most prominent, knowledgeable, understanding, eloquent, smart, etc. among them. The most important criterion is deep interest in Bitcoin.

No trolls. No lurkers. Later on some part of the forum will be made public so that the lurkers can also benefit from our work.

Yes this sounds sort of illuminati-ish. Secret society type stuff.

To each his own.

its the new Bilderberg secret society for crypto bankers ^^

[Dalmar]

Yes this sounds sort of illuminati-ish. Secret society type stuff.

To each his own.

No surprise. The whole crypto market is heavily manipulated by secret whale consortiums. Quite antithetical to bitcoin's so-called ideals.

[chessnut]

What defines a "top contributor"?

Bitcointalk has 200,000+ users. The new forum is aiming to get members from the 1,000 most prominent, knowledgeable, understanding, eloquent, smart, etc. among them. The most important criterion is deep interest in Bitcoin.

No trolls. No lurkers. Later on some part of the forum will be made public so that the lurkers can also benefit from our work.

that sounds so pretentious. and all this for a P2P network...  

can you blame him?
there are far too many people round here that have no philosophical grounding.
then there are people like proudhon... bless his soul.
the top dogs dont want all that.

[User705]

Yes this sounds sort of illuminati-ish. Secret society type stuff.

To each his own.

No surprise. The whole crypto market is heavily manipulated by secret whale consortiums. Quite antithetical to bitcoin's so-called ideals.

Good ideas/ideals don't magically change economic market realities.  Big holders will exist in everything.  The benefit of crypto over regular financial shenanigans is that the rules can't be changed on fly by those same big holders to their benefit.   

[billyjoeallen]

Yes this sounds sort of illuminati-ish. Secret society type stuff.

To each his own.

No surprise. The whole crypto market is heavily manipulated by secret whale consortiums. Quite antithetical to bitcoin's so-called ideals.

Good ideas/ideals don't magically change economic market realities.  Big holders will exist in everything.  The benefit of crypto over regular financial shenanigans is that the rules can't be changed on fly by those same big holders to their benefit.   

+1 well said.

[MatTheCat]

can you blame him?
there are far too many people round here that have no philosophical grounding.
then there are people like proudhon... bless his soul.
the top dogs dont want all that.

Philosophical Grounding....?

......What a load of old bollocks.

Bitcoin is driven by avarice and I suspect a creeping sense of power and control felt by those who make these markets. For this reason and this reason alone, the nominal valuation of Bitcoin has shot through the roof (limited supply), yet its' actual real world applications remain very limited, and perhaps an argument can be made that Bitcoin's overvaluation is now inhibiting it's uptake in the wider economy, despite the best attempts of certain whale entities to hold Bitcoin in a certain price range. Everyone with a bit of sense knows this, and who is going to place any of their eggs on a battered beaten up wagon that is being held together against all the laws of physics by the will of the wagon driver(s) to not allow it to break? The very same wagon drivers who were perhaps responsible for ripping the arse out of the whole thing to begin with?

Bitcoin might be the first of a kind, the harbinger of a technological era credit transfer process, but when we get down to its bare bones, its just the same old market cornering shite that has always went hand in hand with finance throughout history and right now there is a lot of shaking down to be done and nobody will be shaking down any of my pennies, pounds, or dollars.

Sorry, but anyone who wants to profess a 'philosophical grounding' in Bitcoin right now is a bit of a clown as far as I am concerned..unless of course they took their stake in the game nice and early, in which case they can afford such mental self-indulgences.

[BTCtrader71]

Bitcoin might be the first of a kind, the harbinger of a technological era credit transfer process, but when we get down to its bare bones, its just the same old market cornering shite that has always went hand in hand with finance throughout history

The philosophical attraction of bitcoin is that it hopefully allows the creation of a system of money and banking that removes the element of coercion that has all too frequently gone hand in hand with finance throughout history. Removing the element of coercion does not immediately fix all problems. It does, however, make it an entirely new ball game -- not the same old shite by a longshot.

[vokain]

Everyday people are also starting to understand that Bitcoin is as revolutionary as email was with communication, as well as the idea you can directly buy a piece of the pie which allows you to have the following in varying degrees

The philosophical attraction of bitcoin is that it hopefully allows the creation of a system of money and banking that removes the element of coercion that has all too frequently gone hand in hand with finance throughout history. Removing the element of coercion does not immediately fix all problems. It does, however, make it an entirely new ball game -- not the same old shite by a longshot.

[chessnut]

can you blame him?
there are far too many people round here that have no philosophical grounding.
then there are people like proudhon... bless his soul.
the top dogs dont want all that.

Philosophical Grounding....?

......What a load of old bollocks.

Bitcoin is driven by avarice and I suspect a creeping sense of power and control felt by those who make these markets. For this reason and this reason alone, the nominal valuation of Bitcoin has shot through the roof (limited supply), yet its' actual real world applications remain very limited, and perhaps an argument can be made that Bitcoin's overvaluation is now inhibiting it's uptake in the wider economy, despite the best attempts of certain whale entities to hold Bitcoin in a certain price range. Everyone with a bit of sense knows this, and who is going to place any of their eggs on a battered beaten up wagon that is being held together against all the laws of physics by the will of the wagon driver(s) to not allow it to break? The very same wagon drivers who were perhaps responsible for ripping the arse out of the whole thing to begin with?

Bitcoin might be the first of a kind, the harbinger of a technological era credit transfer process, but when we get down to its bare bones, its just the same old market cornering shite that has always went hand in hand with finance throughout history and right now there is a lot of shaking down to be done and nobody will be shaking down any of my pennies, pounds, or dollars.

Sorry, but anyone who wants to profess a 'philosophical grounding' in Bitcoin right now is a bit of a clown as far as I am concerned..unless of course they took their stake in the game nice and early, in which case they can afford such mental self-indulgences.

do you know what philosophy is mat? it's the study of validity, consistency, entailment, plausibility. do these ring a bell? no? you have just presented me with a red herring fallacy. you are continually guilty of ad hominem and strawman fallacies. Really I try with you mat but your arguments just dont equate to anything.  

[rpietila]

Yes this sounds sort of illuminati-ish. Secret society type stuff.

To each his own.

No surprise. The whole crypto market is heavily manipulated by secret whale consortiums. Quite antithetical to bitcoin's so-called ideals.

Yes, it is definitely the time to have a network which actually cares about Bitcoin and its members' liberties.

The "bitcoin foundation" has shown its skin in the longish time it has existed. Other secret societies also have not benefited the public.

It is time for all this to change. Long Live Goat the Great!

[rpietila]

yeah well, i am quite skeptical bout all that.. it may start upon good intentions but i tend to never underestimate human greed and urge for power...

Finally there is a liberty-minded Bitcoin forum then!

If the others find it good, I will change my economics research threads there. If they don't, I may do it anyway because of liberty

[Cablez]

What defines a "top contributor"?

Bitcointalk has 200,000+ users. The new forum is aiming to get members from the 1,000 most prominent, knowledgeable, understanding, eloquent, smart, etc. among them. The most important criterion is deep interest in Bitcoin.

No trolls. No lurkers. Later on some part of the forum will be made public so that the lurkers can also benefit from our work.

Correct me if I am mistaken but I thought there was already a private VIP section of these forums already.  Why redo what is already done?

[MatTheCat]

do you know what philosophy is mat? it's the study of validity, consistency, entailment, plausibility. do these ring a bell? no? you have just presented me with a red herring fallacy. you are continually guilty of ad hominem and strawman fallacies. Really I try with you mat but your arguments just dont equate to anything.  

Try and sound as smartie pants as you like, I have read enough from you to understand that you are another Bitcoin ideologist. And what you really mean by people who lack philosophical grounding, is people who don't share your own rosy Bitcoin ideology. People who just want to make a quick buck or ten, perhaps (like all the early adopters have done).

Do I lack a philosophical grounding, for example?

The philosophical attraction of bitcoin is that it hopefully allows the creation of a system of money and banking that removes the element of coercion that has all too frequently gone hand in hand with finance throughout history. Removing the element of coercion does not immediately fix all problems. It does, however, make it an entirely new ball game -- not the same old shite by a longshot.

If Bitcoin were one day to take a place in the centre of global finance, how it would it operate in principle any differently from the gold standard, when those who held the most gold, held everyone else to ransom? Bitcoin is even billed as 'digital' gold. Bitcoin is already far too cornered a market, and that is just with 50% of the total coins mined. Who is gonna get their hands on the remaining 50%? Joe Blow and his homemade multi GPU mining rig or those with a huge amount of capital behind them?