rpietila Wall Observer - the Quality TA Thread ;)

[rpietila]

Cool story, bro. I thought that YLE 2 didn't show commercials as an national television channel, but things can get really weird when the Finnish elite is after you, right?

Take your accusations to a separate thread. From now on, you are not welcome to this thread, like that troll kkaspar before you was banned from the whole forum. All your posts will be deleted and reported, have a good day!

[rpietila]

What's the most you ever WON on a coin toss?

Gambling is so regulated that the answer is zero. Oh sorry 1BTC for wagering that it goes to $1000 before summer 2014 (when we bet it was 400). And I will win another 1BTC if it does not hit 5000 before next summer. I don't remember betting anything else despite talking about it much

[rpietila]

The bottom is in when everybody (I'm pointing to oyvinds, who is a reasonable guy) just makes up reasons why the price would fall further, to justify that they are selling out of rational grounds, and not out of FEAR, meanwhile happily ignoring the actual driver behind bitcoin price, which is bitcoin adoption. To keep it as simple as possible, I present only the following figures:

Block 270,000 (2013-11-16) 0.93 million non-dust addresses
Block 290,000 (2014-3-11) 1.34 million non-dust addresses

How can the price go down as bitcoins are being diverted to more and more hands, and the average dollar amount the new hands invest stays constant? Sure it can go on for 1-2 more months (2 months is my guess) or even longer, but the resulting upside will be that much more spectacular.

Wake up to some math now dudes! 

[podyx]

The bottom is in when everybody (I'm pointing to oyvinds, who is a reasonable guy) just makes up reasons why the price would fall further, to justify that they are selling out of rational grounds, and not out of FEAR, meanwhile happily ignoring the actual driver behind bitcoin price, which is bitcoin adoption. To keep it as simple as possible, I present only the following figures:

Block 270,000 (2013-11-16) 0.93 million non-dust addresses
Block 290,000 (2014-3-11) 1.34 million non-dust addresses

How can the price go down as bitcoins are being diverted to more and more hands, and the average dollar amount the new hands invest stays constant? Sure it can go on for 1-2 more months (2 months is my guess) or even longer, but the resulting upside will be that much more spectacular.

Wake up to some math now dudes! 

 

[rpietila]

Cool story, bro. I thought that YLE 2 didn't show commercials as an national television channel, but things can get really weird when the Finnish elite is after you, right?

Take your accusations to a separate thread. From now on, you are not welcome to this thread, like that troll kkaspar before you was banned from the whole forum. All your posts will be deleted and reported, have a good day!

Oh no! Not the ban! You sure are showing the evil Finnish elite their place by telling on them, so they would get banned! But you aren't exactly what could be called as technology wise, aren't you. You aren't exactly informed about using new registered names and even VPNs. But, maybe it all works out this time. Now, go, run you sniveling little weasel, go cry to the administrators some more, that the boys are making fun of you.

In all seriousness to my astute readers - do you know even one other person in the whole forum who is attacked as systematically using fake identities etc.? Why is my speaking so dangerous; even I don't get it  

I strongly recommend to ignore this troll, but in case you want to read what he has to say, you can also quickly ascertain that everything is pure bullshit, by checking my previous posts where there is nothing about "Finnish elite", "Risto's unsavory businesses" (I closed all my business some time ago) or any of the other strawmen. Admitting the use of multiple accounts and VPN's just to harass me is just sad. How can you win if you declare that you are either a douche or a snitch

[cosmofly]

I have no doubt in my mind that the finish elite can be after rpietila, i have lived in Finland for 6 months on work and the politics are brutal with lot of corruption believe it or not.

[Dotto]

Zapffe added to the ignore list. Please go on with the analisys, Rpietila

[hdbuck]

I have no doubt in my mind that the finish elite can be after rpietila, i have lived in Finland for 6 months on work and the politics are brutal with lot of corruption believe it or not.

sooo rpietila is being hunted by a bunch of professional ice hockey players?

-> http://en.wikipedia.org/wiki/Liiga

[Peter R]

The bottom is in when everybody (I'm pointing to oyvinds, who is a reasonable guy) just makes up reasons why the price would fall further, to justify that they are selling out of rational grounds, and not out of FEAR, meanwhile happily ignoring the actual driver behind bitcoin price, which is bitcoin adoption. To keep it as simple as possible, I present only the following figures:

Block 270,000 (2013-11-16) 0.93 million non-dust addresses
Block 290,000 (2014-3-11) 1.34 million non-dust addresses

How can the price go down as bitcoins are being diverted to more and more hands, and the average dollar amount the new hands invest stays constant? Sure it can go on for 1-2 more months (2 months is my guess) or even longer, but the resulting upside will be that much more spectacular.

Wake up to some math now dudes!  

Like Risto says, the value of the bitcoin network grows with adoption.  If you want to increase the price, then you want to work towards increasing adoption.  

The graph below shows that bitcoin's market cap seems to obey Metcalfe's Law in terms of adoption: V ~ N² .

[rpietila]

Like Risto says, the value of the bitcoin network grows with adoption.  If you want to increase the price, then you want to work towards increasing adoption.  

Thanks. I have seen this in other threads but was too busy to give the credit to where it is due!

[AnonyMint]

P.S. I stand by my expectation of a revisit to $400 and probably a bottom under $300. The chart resembles silver's fall. Why? Because pigs get slaughtered in permabull markets (of tinfoil hat white males) where everyone wants to buy always.

All the things I've been warning about have come true.

http://www.theregister.co.uk/2014/03/28/bitcoin_china_pboc_ban/

China’s central bank has ruled that all banks and payment service providers in the country must cease dealing in Bitcoin.

The ruling, effective from April 15th, basically shutters all Bitcoin trading sites in the Middle Kingdom and means cash purchases will soon be the only way to buy into the virtual currency.

The People’s Bank of China (PBoC) has not officially announced the ruling, although Chinese business site Caixin claims to have seen an internal document stating that any banks failing to comply would be punished.

Said document apparently lists 15 trading sites which are set to be closed.

Take that news together with the analysis that the IRS has just placed an April 15 deadline margin call on all USA Bitcoin miners by ruling they must report and pay income taxes on newly mined coins, and doesn't it seem a little bit too coincidental that both try to force a massive selloff before April 15?

Then we have the main stream media bringing out other news about the threat of Nemo dat quod non habet confiscation or regulation of Bitcoin as follows.

http://www.telegraph.co.uk/technology/news/10728809/One-in-twenty-have-bought-illegal-drugs-with-Bitcoin.html

One in twenty have bought illegal drugs with Bitcoin

New research reveals that five per cent of those aware of Bitcoin have used it to buy drugs, while a third of Britons believe it to be the "currency of the future"

New research reveals that 18 per cent of those who know about the digital currency have used Bitcoin to buy goods or services online, and five per cent admit to having used it to buy illegal drugs.

So it appears that my demographic analysis has been correct (don't forget my upthread refutation of the erroneous BS "1 in 3 Kenyans use BTC"). In the seminal whitepaper Satoshi clearly targeted high tech goldbugs by saying Bitcoin is similar to gold but better than gold in some ways. And it is clear that Bitcoin is useless for the masses due to the list of problems I had provided (e.g. 10 min transactions, no refunds nor chargebacks nor consumer protection, too easy to be defrauded, etc), but the white male demographic is fanatic about Bitcoin because they want to break free from being the slaves to the collective system they are now.

So the feature they need most is the one Bitcoin doesn't have, which is strong anonymity, but they are so fanatic that they can't even put their delusion on pause to think rationally about this. They are just too excited about "finally being not a slave any more" combined with the intoxicating "I can become rich while helping the world to be free".

The problem is that it won't work. Because Bitcoin doesn't have anonymity thus all the white males using it can be targeted by the tax authorities, financial regulation authorities (FinCEN), and law enforcement in general. And it won't be adopted by the masses unless it becomes an offchain system wherein those needs I enumerated can be fulfilled for the masses. But once it is offchain, then the supply will no longer be limited to the 21 million coins and instead be controlled by reserve requirements dictated by regulators, i.e. we will be back to fiat again.

The only things that will be accomplished are:

• White males against fiat will be identified and destroyed by the honey pot called Bitcoin.
• The regulation of the offchain result must be global cooperation, thus we move to a NWO world government.

The elite could never beat us if we were united with the correct design and technology. The way the elite beats us is by getting us to chase non-solutions and fight those who offer real solutions. That is why the beta-males here on this forum resist me, because they are by definition slaves and will always be. Even as much as I try to help them, they will resist because their minds are under control of the honey pot traps that the elite lay out for them.

Adoption of Bitcoin will continue because the white males are fanatic about it.

But remember this reasonably affluent white male demographic (which funded by global $223 trillion debt socialism has spare time for masturbation hobbies and cargo cult movements) will eventually become saturated (just in time for the confiscations after all the intended prey have entered the trap) thus $1 million per BTC will not happen.

They will believe that they can profit off of this but they will be fully identified to the authorities and later come the confiscations.

This was the way to fool this otherwise astute group of men who resist the NWO.

These white men will become very boastful during this time (before the confiscations), as BTC goes to $10,000+.

Due to their greed and their erroneous thinking that they are strong united (when in fact they are weak in the designed trap), they will boastfully ridicule and resist all alternative lifeboats rendered unto them.

They will be lead by false prophets who will repeat the same trapdoor slogans, "the adoption is increasing" (ignoring that they are isolated from the masses).

They will ignore the facts that one pool controls more than 50% of the mining. They will ignore the facts of how regulation has destroyed any chance for Bitcoin to become a currency (except for those irrational white males who will force themselves to use it to try to justify their honey trap delusion).

The white men will bow to these false prophets to confirm they are good slaves.

Scenario analysis forward is there is a possibility that offchain services will increase mass adoption of Bitcoin. They might lobby the government for say an exclusion to capital gains for up to say $600 per year of gains due to transactions or say up to $100 per transaction. In return, they would offer the government regulators control over the offchain solvency. This could come in stages as Bitcoin transitions from an ideal of non-fiat, on chain currency to an offchain, fiat currency.

The early adopters will not gain from this (see quote below). The institutional players will. These white beta-males will be slaughtered once again by the collective system. The institutional players know how the game is played to manipulate the masses to the desired outcome so that control remains in the elite hierarchy.

http://armstrongeconomics.com/2014/03/27/obama-lagarde-destroying-the-world-economy-a-lethal-combination/

Obama is of the same mindset and views anyone who even tries to hide money as a criminal. Sources have been warning all along that Obama would like to see the tax rate restored to where it was before Reagan – 70%. With the new technology to track money and with Lagarde, the two have been pushing to try to shut down every possible avenue to store wealth they cannot get their hands on.

Lagarde and Obama are actually pushing the rest of the G20 into destroying the world economy.

http://armstrongeconomics.com/2014/03/24/the-real-conspiracy-the-imf-tax-agenda/

Obama is on board fully with the IMF agenda to raise taxes substantially French style. The IMF has been behind the scenes going to every former tax shelter and threatening them to turn over data. They have hit the Caribbean islands right down to Panama.

The point I am making is that when you are isolated from the masses and identified doing some financial transactions, you are the first ones Hitler goes after because the masses will not complain, especially given that you are doing drug trading!

Just see that image of Risto upthread that makes him look bad. Whether you are bad is irrelevant. You can be associated with the drugs by implication and the mass politics will says "yes going after those cheats and evil do-ers".

You see the elite can turn you into the bad guys in the eyes of the masses, you white male unconformists. Then the elite can say, "those Bitcoiners who are not evil will prove it by registering and holding balances in the regulated offchain services".

You see there is no chance in hell of winning against the elite for as long as they can identify who you are.

The only way the rebels ever win is by guerrilla warfare wherein they can't be targeted.

There is probably more that I could say to make this more convincing, but let me close by saying...

I am not a slave. Join with me if you want to win.

I won't be holding your hand advising you when and what to do. You won't even hear from me. But I will silently be making sure the technology is correct.

I would love to see us take the internet back. I believe "we" will win, where the "we" are those who adopt the very high tech solutions.

I doubt any more talk will be effective. I am confident that soon others will be talking on my behalf. Those who want to win will hopefully hear. Good luck to everyone, including my detractors (peace).

[mitkos1]

Soooo, what is the alternative? DE? Or is there any other thread you are working on?

Regarding below 500 btc sale: easter sale is coming. Maybe we can get a bunny with each coin 

[rpietila]

You are right that the depopulationists are utterly evil and are scheming evil things, and try to keep their grip on the armies and institutions of the so-called free world (in reality the least free part of world) so that they can enforce calamities to every thinking person on earth (lead by the same demographic that owns bitcoins). But I think it is a fantasy that bitcoins could be twisted to be net-negative to the freedom of the people, proven as follows:

- If the depopulationists ("TPTB") have enough power to finish off the intelligentsia, they don't need bitcoin to do it. Every totalitarian regime has found a way to quickly sanitize the population, fully without bitcoins, facebooks or anything. Just set quotas for the local psycho-sociopathic sheriff and go.
- If they do not have the power for draconian activities, then targeting bitcoin owners does not give them much, but is a very great thing for the freedom people who get to tighten their ranks and perhaps wake up more and more people down the road.

No matter how I think about it, it looks like that the depopulationists have lost. I will have to write more about it for you to understand it, but currently we should resist them (which unfortunately overtly means resisting the government in many places, because they have usurped the government and lawlessly rule) but not attack openly. It is most important to keep the sustenance for human life - clean water, organic food, basic skills for building shelter, right to bear arms, raise animals, cultivate land, heat your house, etc. The depopulationists try to make it as difficult as possible for people to take care of themselves.

[hdbuck]

and i give a +1 to Mr Anonymint.
cant fight NWO indeed.
we're all fools.
but happy fools living the bitcoin dream.

[MahaRamana]

That is why the beta-males here on this forum resist me, because they are by definition slaves and will always be.

Everyone is a slave of something. You are the slave of what you give your attention to.
I am not resisting your thoughts. And I am interested to hear about the right technology that would "break us free".
I think it is true that thinking that bitcoin will save the world is most likely deluded thinking. I certainly see bitcoin as just another way to trap and enslave. But is there reasons to hope for an adoption of a technology that frees the masses ? The masses will manifest / adopt the technology that is fit for their level of understanding / consciousness - not more. If it is low, then there will always be some form of malicious power that will exploit it. It is simply resonant with low consciousness of the masses and no effort of trying to educate people will change that. What are the smart warnings about the technology going to do ? And what do you advise the "white males" to do in regards to the development of bitcoin ? Just observe rather than adopt ? Not participating in the rise ? At least to a certain level ? Isn't FIAT possession as much of a trap and potential for easy confiscation as bitcoin participation ?

About anonymity, is it not anonymous to transact only through localbitcoins ?

I think it's good to drop the sweet dreams about "helping the world" or freedom from government and power abuse. I think it's good to be aware that this is all some form of trap or another, like more or less everything in this material life. But does it mean we should just drop it ?

[explorer]

  It is most important to keep the sustenance for human life - clean water, organic food, basic skills for building shelter, right to bear arms, raise animals, cultivate land, heat your house, etc. The depopulationists try to make it as difficult as possible for people to take care of themselves.

Straying from topic, but you started it

   Self-sufficiency is very important. It is also important for those of us with the resources and vision to also prepare on the behalf of those worthy contributors to society that lack either vision or resources. People with practical skills and minds have significant value to society (survival, prosperity of all) even if they lack the foresight or resources to prepare for what is likely coming. Some can be woken with no more than a nudge and an internet link, but even those unwilling to look may be solid contributors in future. Sure, there are plenty of parasites out there, with little to contribute in any way, but a good number of the sheep are still required. Make sure to include a few in your preparations!

[AnonyMint]

Agreed we shouldn't drop it. We must push on and continue to improve our technological options. And Bitcoin serves an important function even if there were other options, e.g. it drives market awareness and provides a liquid unit-of-exchange for investors in the ecosystem including altcoins. This is a dynamic system. I am arguing to be open to the dynamism in spite of the lack of serious altcoins to date. There isn't only one scenario (false prophets lead you to that wrong conclusion). And it doesn't mean no one will retain some gains from the mess. As they say, "don't put all your eggs in one basket".

To win, we need the antithesis of top-down thinking, e.g. stop this monotonic thinking that we need one unit-of-exchange to get global economies-of-scale. The goal should be more akin to the bimetallic standard, a bifurcation (or perhaps multifurcation) is much more dynamic and dynamism is our strong hand against top-down control (read at my signature why top-down control can't anneal). Whether it happened by chance or was planned, Litecoin is a weak silver to Bitcoin's gold, i.e. it doesn't offer the common man some compelling strengths.

Peace.

[windjc]

Did someone on this thread actually use the term "beat-males" and "resist me" in the same sentence?

Ha. That's funny.

[AnonyMint]

- If the depopulationists ("TPTB") have enough power to finish off the intelligentsia, they don't need bitcoin to do it. Every totalitarian regime has found a way to quickly sanitize the population, fully without bitcoins, facebooks or anything. Just set quotas for the local psycho-sociopathic sheriff and go.

This wakes up the masses. They operate by more subtle means of deception, e.g. Bitcoin. The trick is to have people enslave themselves without knowing it. This is how the elite avoid losing their heads and retain control. Chaotic uprisings are very risky for them. They prefer nationalistic pride wars, where the foolish masses believe they are fighting for something justified (e.g. see the posters from WW2 in the USA, "let's go finish off them japs" and of course it was a false-flag honey pot trap called Pearl Harbor that caused the Americans to think this way).



The foolish white males think they are fighting for something justified with Bitcoin, while they've been deceived and are doing the elite's desired outcome.

The new memes include fighting for feminism, fighting for the environment, etc.. You see how offended this makes you feel when I say this? Because you are a slave who stopped applying the scientific method (for if you did you would understand certain natural facts) and replaced it with top-down controlled emotional propaganda.

- If they do not have the power for draconian activities, then targeting bitcoin owners does not give them much, but is a very great thing for the freedom people who get to tighten their ranks and perhaps wake up more and more people down the road.

No matter how I think about it, it looks like that the depopulationists have lost. I will have to write more about it for you to understand it,

No need to write more. You don't understand.

[windjc]

- If the depopulationists ("TPTB") have enough power to finish off the intelligentsia, they don't need bitcoin to do it. Every totalitarian regime has found a way to quickly sanitize the population, fully without bitcoins, facebooks or anything. Just set quotas for the local psycho-sociopathic sheriff and go.

This wakes up the masses. They operate by more subtle means of deception, e.g. Bitcoin. The trick is to have people enslave themselves without knowing it. This is how the elite avoid losing their heads and retain control. Chaotic uprisings are very risky for them. They prefer nationalistic pride wars, where the foolish masses believe they are fighting for something justified.

- If they do not have the power for draconian activities, then targeting bitcoin owners does not give them much, but is a very great thing for the freedom people who get to tighten their ranks and perhaps wake up more and more people down the road.

No matter how I think about it, it looks like that the depopulationists have lost. I will have to write more about it for you to understand it,

No need to write more. You don't understand.

The problem with people like you are that almost all your theories assume one blatant falsehood - that there are super intelligent, cunning, strategic, and complex humans that pull the strings on society in some elaborate and complex ways.

When, in fact, people in "power" are mere mortals, individuals who are really more obsessed with daily issues in front of their faces, than sitting in some secret boardroom trying to devise the next sinister plot to control the world.

People with extreme wealth are not particulary intelligent. They are not particularly great at innovation, including the kind that would lead to complex social manipulation of masses.

People in power - elected officials or in communist states - inherited officials - or in military states - military officials - all 3 categories are unique and have unique skill sets that allow them to hold "power." Of the three, only military officials have any real skill at social manipulation, that being brute force. It is more of a tactical power than a strategic one, which is why military leaders are often the shortest lived regimes.

There are, instead, simply systems that have been created over the years as humans have fought for more "security" (another basic need) that now enable certain classes to have advantages over others. This is kind of a economic darwinian evolution of sorts. But the players who take advantage of these systems today act much more out of tactics than strategy.

And you give them WAY TOO MUCH CREDIT.