rpietila Wall Observer--Financial Advice From The Mentally Ill

[NotLambchop]

TL;DR:
This d00d here after an involantary committment to a mental hospital, keeps a self-moderated thread where he doles out financial advice grooms and exploits vulnerable, economically naive victims¹ and convinces them to hold the BTC which he himself accnowledges cashing out from.
Since the thread is self-moderated and I was asked not to post in it, I'm starting this one--without self-moderation, where I might reply.

1. An evangelising Christian woman currently experiencing family tensions due to re-buying BTC that her husband has sold.
BitChick now:

Bitcoiners want to get billionaires quick with their little scheme, call noobs that are trying to get out of the mess late "greedy".

It is no secret that I sold some at $675 in 2013. The next exit zone starts earliest at $3,000, probably higher.

It is no greed to sell at a bottom, it is just stupid. Stuff is as valuable as a year ago (or more, due to more adoption, etc.), yet 75% cheaper. This is a game and you are offered 4 times better odds than last time when you took them. Instead of taking them now, or holding, you decide to fold.

If anyone becomes a billionaire with bitcoin, he deserves it. So many chances of folding were offered but he held on.

There is voice of reason in the midst of so much babbling nonsense.  Thanks Risto.    

I am having to argue a bit with BitchicksHusband a little about not folding right now though.   I guess it is hard not to get emotional.  We did have to sell some of our holdings in December but bought back a little last week.  I think the hardest thing to wrap my brain around is the fact that BTC should be so much more valuable with all of the infrastructure that has been put into place during 2014.  Why hasn't some of the money used to build this infrastructure been used to boost the price up a bit?  Aren't these companies at all concerned about BTC users getting disillusioned and leaving BTC completely?  

The extent of batshit craziness:

Simply pointing out that you are taking financial advice from a man recently released from a mental institution

Yes, and guess what? There is no law that compels me to mention it. I do it voluntarily, for my reasons. After going through this, and many other experiences, I know some things about how the world operates. People are able to learn it from my writings, but you can never learn very much if it is not verified by experience.

My dealings with the government started in 2005, by my reading of some conspiracist literature, which seemed to be alarmingly truthful when I compared it to the things I saw happening in the world. Already in 2008 I was so dangerous that an armed team of 8 guys was sent to my home at daybreak. Then came seizures and many court cases. Many perceive that Finland is a lawful country, with lawbreakers punished and law also granting rights to people. Well, miles of laws we have here, but if they are not expedient for the situation at hand, they can be broken by judges. I lost the recognition towards the judicial system after they too many times mistreated me, even against their own laws.

If I believed in my rights, I could have the hospitalization order re-examined, since the law requires me to be "dangerous to myself or others" for such procedure to take effect. Everyone knows that I have never hit another person, nor had a thought or word of hurting myself for over a decade. The only thing I am dangerous against, is the banking cartel. But I already know from experience that the judicial system is capable of straight-faced delivery of any verdict. So raising these matters in court does not help. Raising them here makes fools cry out: "look the guy's just come out from a nuthouse", but it's not the fools for whom I write, it is the wise - the people who understand things, and are here for learning, and contributing themselves.

If something in the above disqualifies me from being read, there's the "Ignore" button for that. Thank you.

In turn, I feel it a chore that your messages need to be "open"ed first before deletion, so please don't post. Thank you.

[twiifm]

Every day, there is more freedom from oppressive governments because of Bitcoin. You don't see it because your government is your all-inclusive udder. But look at the people from whom the money to feed you is coming. They need it.

All this libertarian claptrap is a red herring used to pump the price.  Early adopters have major baggage that need greater fools to dump on.

The only thing anyone should look at when investing REAL money is the price action.  Bitcoin is a bubble that is deflating.  Anyone taking your advice would have been losing money.  

He thread banned me cause I called him out on being wrong about the price action and trying to divert the topic to "freedoms".  Yet people here still following this nut case because he got lucky ONCE

[Warren Buffert]

Don't forget he's also a September 11 troother. There was another thread a few months ago where he shared some of his batshit crazy theories.

So to anyone who follows risto.. ask yourselves... "Should I be taking financial advise from a 9/11 troother was was admitted to a mental institution against his own will? If I told my spouse or friends about this, would they approve?" I'm guessing the answer is... NO.

[derpinheimer]

Don't forget he's also a September 11 "troother". There was another thread a few months ago where he shared some of his batshit crazy theories.

So to anyone who follows risto.. ask yourselves... "Should I be taking financial advise from a 9/11 troother was was admitted to a mental institution against his own will? If I told my spouse or friends about this, would they approve?" I'm guessing the answer is... NO.

Wow, those things are so related! Pro ad hominem!

[NotLambchop]

What's funny is I can't make up a story any more ludicrous than his reality.
Imagine getting dragged off to a mental hospital after belligerently accusing the owners and staff of a luxury hotel of theft?  You know what the theft was?  An unsecured MacBook left by him in a sauna where he was entertaining his friends, the other "Supernodes."  Batshit crazy.  Paranoia, delusions of persecution, delusions of grandeur, full-blown mania--it's in there.
And people LISTEN TO HIM.

That poor BitChick woman is probably going to get divorced from [or worse, beaten by] her husband if she doesn't stop.  Crazyness.

[NotLambchop]

Don't forget he's also a September 11 "troother". There was another thread a few months ago where he shared some of his batshit crazy theories.

So to anyone who follows risto.. ask yourselves... "Should I be taking financial advise from a 9/11 troother was was admitted to a mental institution against his own will? If I told my spouse or friends about this, would they approve?" I'm guessing the answer is... NO.

Wow, those things are so related! Pro ad hominem!

This guy is a textbook paranoiac, that's why it's related.  He thinks the world is conspiring to block his shine, claiming that "Already in 2008 I was so dangerous that an armed team of 8 guys was sent to my home at daybreak."

 It's not his character but the sorry state of what once was his mind that's being discussed.  And why people like him *are* a danger to others.

[Warren Buffert]

Don't forget he's also a September 11 "troother". There was another thread a few months ago where he shared some of his batshit crazy theories.

So to anyone who follows risto.. ask yourselves... "Should I be taking financial advise from a 9/11 troother was was admitted to a mental institution against his own will? If I told my spouse or friends about this, would they approve?" I'm guessing the answer is... NO.

Wow, those things are so related! Pro ad hominem!

You can call it ad hom if you want, but personally I avoid taking financial advice from guys who have been committed against their will and believe in deranged theories about 9/11. And you know...? So far it has served me quite well!

[Its About Sharing]

Don't forget he's also a September 11 "troother". There was another thread a few months ago where he shared some of his batshit crazy theories.

So to anyone who follows risto.. ask yourselves... "Should I be taking financial advise from a 9/11 troother was was admitted to a mental institution against his own will? If I told my spouse or friends about this, would they approve?" I'm guessing the answer is... NO.

You trying to see how many logical Fallacies you can put into a few sentences? 

Guilt by Association & Red Herring--Introducing a topic not related to the subject at hand.
911 Truther? You mean questioning the government makes one a Truther? LOL. Heck, all of us should be so. Come to think of it, there are hundreds of architects and engineers questioning the government as well. http://www.ae911truth.org/about.html  If you even vaguely investigate what the government said happened that day AND you believe it, I've got a bridge to sell ya.


Poisoning the Well (--Presenting negative information about a person before he/she speaks so as to discredit the person's argument.)
Risto having been in a mental institution, when you look at the number (or should I say large %) of Americans on anti depressants, is not exactly a "case closed" argument regarding your opinion of him.

Regarding worrying what your spouse of friends think.
Appeal to the Popular--Urging the hearer to accept a position because a majority of people hold to it.
 
Lets just look at his research, much of which is quite interesting (and some true), instead of Ad Hominem'ing Risto.

Its about sharing, not attacking 

p.s. - learn http://carm.org/logical-fallacies-or-fallacies-argumentation

[btcbeliever]

Don't forget he's also a September 11 troother. There was another thread a few months ago where he shared some of his batshit crazy theories.

So to anyone who follows risto.. ask yourselves... "Should I be taking financial advise from a 9/11 troother was was admitted to a mental institution against his own will? If I told my spouse or friends about this, would they approve?" I'm guessing the answer is... NO.

If rpietila IS a Septemter 11 troother than he (and I) are in alot of good company!
http://topinfopost.com/2014/02/26/75-top-professors-and-leading-scientists-claim-911-was-inside-job

[riiiiising]

He made one good call in 2012 when he first invested, and since then, he's basically always wrong.

Calling the bottom at $500:

https://bitcointalk.org/index.php?topic=740394.0

And the monthly trend line that he no longer updates. Hmm, wonder why...?

https://bitcointalk.org/index.php?topic=322058.0

He now operates as a confidence man, and suckers in the economically illiterates into believing they're making a wise decisions to buy his bitcoin bags from him. Right down to the way that he uses a picture of himself as his avatar, in a suit and tie. And of course, like all con men, he can't respond to any criticism because he knows he's wrong, so instead he bans people from this threads and deletes any posts which don't look favorable to him. Unfortunately for him, some of us have a memory of more than +/- two days and can call him out on his bullshit.

[Warren Buffert]

Why am I not surprised that most bitcoin bulltards are also 9/11 troothers? It's apparent that an aversion to reality is required to be a believer in bitcoin at this point.

[twiifm]

Why am I not surprised that most bitcoin bulltards are also 9/11 troothers? It's apparent that an aversion to reality is required to be a believer in bitcoin at this point.

That's how they pull in the greater fools.  Create paranoia about how banksters and .gov is out to get them and presenting bitcoin as a safe haven

[NotLambchop]

[snip]

Can we stick to the topic instead of going off on irrelevant tangents?  Suffice it to say that your Pied Piper was institutionalized for stark raving lunacy.
I don't want to start a 9/11 discussion here, those are over a decade old.  There are other places on the web to chat about that.
This thread is about a dangerous lunatic pretending to be a financial advisor & getting rubes to buy the coins he himself sells.
ty.

[NotLambchop]

...
He now operates as a confidence man, and suckers in the economically illiterates into believing they're making a wise decisions to buy his bitcoin bags from him. Right down to the way that he uses a picture of himself as his avatar, in a suit and tie. And of course, like all con men, he can't respond to any criticism because he knows he's wrong, so instead he bans people from this threads and deletes any posts which don't look favorable to him. Unfortunately for him, some of us have a memory of more than +/- two days and can call him out on his bullshit.

That.

[Torque]

Mods, please ban NotLambchop.  He has taken to deeply personal and uncalled for attacks now, and on this board it should not be tolerated.

I would also advise updating the sub forum rules about this.

[Newbie1022]

Mods, please ban NotLambchop.  He has taken to deeply personal attacks now, and on this board it should not be tolerated.

I would also advise updating the sub forum rules about this.

Oh blow me. Risto has been running a scam on this page for years now with not only BTC, but several alts (particularly Ripple). Lamby points this out and warns people to be careful who they are taking advice from and you want to pull this personal attack nonsense. Seriously. F--- off.

Lamby is being rude, but this guy has ruined people's lives. So, I don't see the big deal in him knocking on Risto a bit.

[NotLambchop]

Mods, please ban NotLambchop.  He has taken to deeply personal and uncalled for attacks now, and on this board it should not be tolerated.

I would also advise updating the sub forum rules about this.

Be kind enough to GTFO of my thread if you have nothing topical to contribute.
ty.

[Torque]

So, I don't see the big deal in him knocking on Risto a bit.

But yet apparently no one can knock on NotFuckchop, who merely comes in here daily posting stupid memes and My Little Pony crap, and constantly just constantly bashing bitcoin INTO THE GROUND ad nauseam, sometimes posting on 5-6 threads at a time with literally like 30 secs to a min between each post.  Actually I get is see him (Ignored of course) on every fucking thread in this sub about 10-20 times a day, with absolutely NOTHING FUCKING POSITIVE TO ADD AT ALL PERIOD.

But yeah, let's defend NotFuckchop.  Sure.

[Warren Buffert]

So, I don't see the big deal in him knocking on Risto a bit.

But yet apparently no one can knock on NotFuckchop, who merely comes in here daily posting stupid memes and My Little Pony crap, and constantly just constantly bashing bitcoin INTO THE GROUND ad nauseam, sometimes posting on 5-6 threads at a time with literally like 30 secs to a min between each post.  Actually I get is see him (Ignored of course) on every fucking thread in this sub about 10-20 times a day, with absolutely NOTHING FUCKING POSITIVE TO ADD AT ALL PERIOD.

But yeah, let's defend NotFuckchop.  Sure.

Why so angry? Did you invest more than you can afford to loose..?

[NotLambchop]

.@Torque:
NotLambchop doesn't ask that those who disagree with him are banned, so there's that.
Now plz stay on topic or simply stop posting if you have nothing relevant to contribute.
ty.