Dreams affecting investment decisions.

[T.Stuart]

A good test is to criticize her about something, if she goes into a rage then she is definitely a narc.

Looks like we got a lot of problems on this forum also then... 

[MatTheCat]

I had a dream that a certain altcoin would fall to $10 which I took as a sign to buy in. Lo and behold a few weeks later it happened but for an instant and I missed out on doubling my money in a matter of 24 hrs.

While thinking logically back in Oct. I thought that BTC would fall or stay at around the $200 after the customers on gox bought coins to get out of the exchange for their refusal to give up fiat currenct. Lo and behold BTC went all the way up to $1200! Seeing as how low prices were all summer it was really unexpected. I never expected it to go beyond $300.

I still haven't figured out what makes people go bullish or bearish yet; its something beyond what the mind can comprehend.

And this is exactly what I am getting at. The idea that we base all our decisions on rational thinking and reasoned analysis is a flawed one. This is just what we like to tell ourselves.

From what I can see in here, most people are behind Bitcoins out of emotional reasons and will bend their rationalising in order to gratify their emotional desires. In a rare twist of universal law, it is actually the most fanatical Bitcoin fundamentalists who will have best benefited from the meteoric rise of Bitcoin. These are the people who think that Bitcoin is going to either save humanity from the NWO, or more pertinently in recent times, believed that Bitcoin is going to $100000K (Bitcoin enthuse has shifted from anarchistic monetary idealism to outright avarice). These are the nutters who have held their Bitcoin through thick and thin and who have realised previoulsy unimaginable (for them) riches for doing nothing but having an emotionally charged fundamentalist belief in crypto-currencies. How much further will the universe continue to reward such blind and rigid faith?

There is another sub group on here of the sour-grapes Bitcoiner, those who have approached Bitcoin with an investors mentality, but called it all wrong and have deprived themselves of a vast gains. These are the Revans and Edward50s of the forum.

I myself can count myself as amongst those who basically had every opportunity to be a millionaire, but cos I never had enough belief to invest (or in actual fact was just too damn lazy), I totally missed out. Since I have come into Bitcoin with an investors hat on (as opposed to with a Silk Road customers hat on), I have seen just as much down side as up side and this perhaps facilitates my emotional coldness towards Bitcoin. I don't care about Bitcoin. I only care about winning, and especially not losing. Therefore I will jump ships like a rat, depending on which seems to be sinking in which is staying afloat, and I will be ready to completely revise my whole outlook on Bitcoin without giving a damn about the integrity of things I said just two minutes previously.

As I stated, in recent times, all the way down from $1000, I have been bearish on Bitcoin and rightfully so. I remained a bear from the most recent crash and bounce, but with the market seemingly stabilising, and with the plentiful quality bullish rational analysis on Bitcoin around, my rodent instincts are alerting me that perhaps the tide has changed, yet each time I have re-entered the Bitcoin market in a meaningful way, I am having lucid dreams either showing sharks swimming beneath those calm waters, or Bitcoin hitting sub $100 on Bitstamp. Such recurring subconscious signals I simply cannot ignore and given the ultra low Bitcoin volume, despite all the positive TA and glittering fundamentals underlying Bitcoin, perhaps there is a similar subconcscious reticence affecting Bitcoin investors worldwide? A bit like the very interesting and proven statistic, that a person is 3* more likely to a miss a flight that is destined for some kind of unpleasant fate.

[adamstgBit]

I wonder to what extent Bitcoin dream content affects a person's Bitcoin investment decisions?

I may also say to what extent instinct or 'intuition' affects Bitcoin investments, but I would imagine that many people mistake 'fear' or 'wish fulfilment' for intuitive thinking, which it aint.

I say this because every time since the last crash that I make a sizeable venture into Bitcoin, I am waking from my sleep on the back of dodgy Bitcoin dreams (dodgy if you have money invested). I perhaps spend too much time on this forum and whilst I like to think the messages of the Bitcoin Nutters' wash over me like water off a duck's back, there have been some good balanced posts from bullish members such as T.Stuart or dg2010, that kind of sway me into thinking that the waters of Bitcoin are now calm and settled, and thus safe. Last night however, I dreamt that these waters were infested with sharks. I woke up, went through to my PC and checked the charts....everything stable, went back to bed.

A couple of hours later, I dreamt that my buy-ins (I have some at low $700s for trading purposes) were triggered, but the price kept falling and falling, hitting $100 range. I woke up, for the second time and went through and checked the charts. Again, everything stable just as before but in order to get a decent sleep, I cancelled my $700 range buy in tranches. My heavy $100 - $250 buy-ins remain. I slept soundly after that.

Since the crash, the volume of Bitcoin trade has been very low. If China has indeed been priced out the market and Bitcoin does behave true to past form, then all rational analysis should point towards right now being a great buy-in point for Bitcoin investors, but nobody is buying in. I wonder to what extent investors subconscious instincts are preventing them from investing in Bitcoin.

I am putting my hands up and admitting that I am throwing all rational argument out of the window regarding Bitcoin. The reason for this is that I recognise that the human rational mind is a very limited faculty, whereas the irrational or subconscious mind, although it's messages can be vague and cryptic, is an infinitely more powerful processor of information.

Indeed George Soros once stated that he believed that the key to being a successful investors was more instinct than anything else.

listen to your dream
I had a dream i would be selling a large amount of bitcoin and then watch it go up up up, this is exactly what happened   

all rational analysis should point towards right now being a great buy-in point for Bitcoin investors, but nobody is buying in. I wonder to what extent investors subconscious instincts are preventing them from investing in Bitcoin.

ALOT of poeple bought into bitcoin not as an investor but a short term speculator, this is why Post bubble buy in is less then Pre bubble buy in.

[Miz4r]

I don't care about Bitcoin. I only care about winning, and especially not losing.

This explains all your thoughts and dreams. You can not win without fully accepting and embracing the possibility you can also lose. If you can't then your dreams will continue to haunt you because you care more about not losing than you do about winning. Personally I find it a more profitable and also more personally rewarding philosophy to just care about bitcoin, and forget about winning or losing. If bitcoin wins, we all win. I kind of resent this hyper-individualistic sense of greed so many people are obsessed with, it explains a lot of what's wrong with our society imo. I really don't care about becoming a millionaire, but I would like to see financial freedom and a better world for us all. Now bitcoin is not the sole answer to that, but it could be a small step towards it. Perhaps now it's me that's just dreaming here, but that's one dream my entire intuitive self tells me to listen to.

[T.Stuart]

I myself can count myself as amongst those who basically had every opportunity to be a millionaire, but cos I never had enough belief to invest (or in actual fact was just too damn lazy), I totally missed out....

I am having lucid dreams either showing sharks swimming beneath those calm waters...

As I said, you are having strong fears, regrets, hopes, emotions of all kinds.

They will not go away.

That doesn't mean you can't make a rational decision while being haunted by them.

Just keep moving your mind towards the situation outside of yourself. I hope you don't mind me saying but some effort into it dammit! Ultimately you will be unfulfilled if you win or lose simply on a dream or a whim. Forget government conspiracy theories - the fact is that the world is far too out of control generally for groups of invisible power-people to control every detail from behind the scenes and 99% of these conspiracy theories are bullshit - and get knowledgeable about Bitcoin, the Internet, viruses, money, whatever.

It's ironic saying it here, but leave the speculation behind and get scientific about it!

[MatTheCat]

This explains all your thoughts and dreams. You can not win without fully accepting and embracing the possibility you can also lose. If you can't then your dreams will continue to haunt you because you care more about not losing than you do about winning.

Perhaps you are right, this is why I dismissed these dreams first time around.....but if they keep on occurring in such a lucid manner?

Only time will tell. I work offshore and as of 7 days for now, I will be sitting on a boat off the coast of Namibia where I might remain for as much as 7 weeks. Possibly, internet communications will not be so fantastic out there and therefore any 'bets' I place on Bitstamp will remain in place, activated or not, until March 2014. Unless things drastically change, my buy-ins are between $100 - $250.

Personally I find it a more profitable and also more personally rewarding philosophy to just care about bitcoin, and forget about winning or losing. If bitcoin wins, we all win. I kind of resent this hyper-individualistic sense of greed so many people are obsessed with, it explains a lot of what's wrong with our society imo. I really don't care about becoming a millionaire, but I would like to see financial freedom and a better world for us all. Now bitcoin is not the sole answer to that, but it could be a small step towards it. Perhaps now it's me that's just dreaming here, but that's one dream my entire intuitive self tells me to listen to.

Then you are deluding yourself.

I once thought the same way about Bitcoin but recent events have proven beyond any reasonable doubt that Bitcoin is totally at the mercy of The Man. If The Man doesn't like Bitcoin or see any potential for it, then he will kill it. Bitcoin soared to $1200, The Man from China said "No!". Bitcoin plummeted and the story has not yet fully played out. If Bitcoin is to succeed, then it will be because the existing establishment tacitly permit, permit, or outright embrace it. For me, this wouldn't spell financial freedom for humanity, but rather more a step on the path towards a compulsory NWO style digital global currency.

That is not to say that Bitcoin will go on to grow massively from here, perhaps it's fate is already sealed? But if Bitcoin does go 'platinum', it will not be because 'freedom' has won the day, but because The Man has chosen not to slay it.

[piramida]

Bitcoin soared to $1200, The Man from China said "No!"

...and exactly nothing has happened besides some extremely short-term price correction. In fact, that's how the story would progress further - the man from china said "No", bitcoin responded with "umm.. whatever", the man from india asked "please no, stop", bitcoin said "fuck off", the man from america pleaded "ok I give up", bitcoin said "too late".

Too much respect for the authorities, they can not block facebook ffs, stopping crypto is way beyond what they can hope to achieve. Their power is non-existent, they can impact your life only by your own obedience, because you are taught to live scared of "The Man". Step outside the box and you will see they are just a bunch of senile power-hungry underperforming executives who have no idea what they are doing.

[chesthing]

Says the man holding a bunch of coins bought cheap.

[MatTheCat]

Says the man holding a bunch of coins bought cheap.

Yeah.

He tried to tell me when I was selling BTC at $1000, that I would be crying when I was buying back in at $1300. No attention should be paid to anything this muppet says.

Too much respect for the authorities, they can not block facebook ffs, stopping crypto is way beyond what they can hope to achieve. Their power is non-existent, they can impact your life only by your own obedience, because you are taught to live scared of "The Man". Step outside the box and you will see they are just a bunch of senile power-hungry underperforming executives who have no idea what they are doing.

Incase you hadn't noticed, The Man has just indebted your entire nation (wherever you are from) to the tune of 10's of trillions of USD, in order that The Man and his mates get paid back on billions worth of toxic worthless paper wealth that imploded in their faces a few years back. The Man could coerce practically all governments of the world to essential betray the people they are meant to serve because The Man has the power, the people do not.

When it really matters, The Man can do what the fk he wants. And you will sit in your attic bitching n whinging about liberty and freedom but ultimately doing fuck all but living the life that circumstances have set for you.

The US goverment can turn around tomorrow and say that Bitcoin is the currency of criminals and terrorists, and its finished....sure, it may persist as black market underground unit of exchange, but in such a scenario it would be trading at pennies, not hundreds or even thousands of dollars and your new found wealth would be up in smoke.

[cbeast]

Says the man holding a bunch of coins bought cheap.

Yeah.

He tried to tell me when I was selling BTC at $1000, that I would be crying when I was buying back in at $1300. No attention should be paid to anything this muppet says.

Too much respect for the authorities, they can not block facebook ffs, stopping crypto is way beyond what they can hope to achieve. Their power is non-existent, they can impact your life only by your own obedience, because you are taught to live scared of "The Man". Step outside the box and you will see they are just a bunch of senile power-hungry underperforming executives who have no idea what they are doing.

Incase you hadn't noticed, The Man has just indebted your entire nation (wherever you are from) to the tune of 10's of trillions of USD, in order that The Man and his mates get paid back on billions worth of toxic worthless paper wealth that imploded in their faces a few years back. The Man could coerce practically all governments of the world to essential betray the people they are meant to serve because The Man has the power, the people do not.

When it really matters, The Man can do what the fk he wants. And you will sit in your attic bitching n whinging about liberty and freedom but ultimately doing fuck all but living the life that circumstances have set for you.

The US goverment can turn around tomorrow and say that Bitcoin is the currency of criminals and terrorists, and its finished....sure, it may persist as black market underground unit of exchange, but in such a scenario it would be trading at pennies, not hundreds or even thousands of dollars and your new found wealth would be up in smoke.

Oh c'mon. Ebil empires always end up in the history books.

[T.Stuart]

The US goverment can turn around tomorrow and say that Bitcoin is the currency of criminals and terrorists, and its finished...

Why would they want to do that?

[MatTheCat]

Oh c'mon. Ebil empires always end up in the history books.

Just as the Roman Empire did (2000 years), The British Empire did (250 years), and the US empire eventually will (1944 - present).

The US goverment can turn around tomorrow and say that Bitcoin is the currency of criminals and terrorists, and its finished...

Why would they want to do that?

They wouldn't, cos Bitcoin is not the fist that is going to smash the global banking cartel like many delusionalists around here like to think it is. But if it was, then 'they' would.

[T.Stuart]

Oh c'mon. Ebil empires always end up in the history books.

Just as the Roman Empire did (2000 years), The British Empire did (250 years), and the US empire eventually will (1944 - present).

The US goverment can turn around tomorrow and say that Bitcoin is the currency of criminals and terrorists, and its finished...

Why would they want to do that?

They wouldn't, cos Bitcoin is not the fist that is going to smash the global banking cartel like many delusionalists around here like to think it is. But if it was, then 'they' would.

But then it's time to get back on topic - Bitcoin's future success or failure, and whether or not to invest in it right now.

[chesthing]

Three scenarios over the next 30 days, in order of likelihood:

1. Btc drops significantly in price and stabilizes $100+ under current price.
2. Btc moves slowly upward, with relative stability - a lot like the last several days.
3. Btc spikes hard upwards over a grand, stabilizing $100+ over current price.

I'll take my chances and bet #1. Why? because I'm not sitting on a bunch of $10 coins hoping fools keep buying them at $800.

[T.Stuart]

Three scenarios over the next 30 days, in order of likelihood:

1. Btc drops significantly in price and stabilizes $100+ under current price.
2. Btc moves slowly upward, with relative stability - a lot like the last several days.
3. Btc spikes hard upwards over a grand, stabilizing $100+ over current price.

I'll take my chances and bet #1. Why? because I'm not sitting on a bunch of $10 coins hoping fools keep buying them at $800.

I think they already sold.

[MatTheCat]

But then it's time to get back on topic - Bitcoin's future success or failure, and whether or not to invest in it right now.

I am through banging my drum.

I know what I am doing regardless of any reasoned argument. I go offshore for 6-7 weeks leaving buy-in tranches behind between $100 - $230. Either they are triggered or they aren't. If Bitcoin does indeed fall, but only as far as $240, then at least I spare myself a 200% haircut. If Bitcoin trends or spikes north from here, then back to the drawing board with the amateur dream analysis......or who knows, maybe my buy-ins get triggered but Bitcoin keeps going right to low double digits......?

Absolute worst case scenario for me would be to listen to the 'reasoned' argument and invest in Bitcoin regardless of the spooked out dreams, only to then get fkn slaughtered. This would be the absolute worst thing for me on all levels and therefore I shall ensure that it doesn't happen. If I miss out then so what......I got more than enough dough anyhow.

[Kaiji]

A good test is to criticize her about something, if she goes into a rage then she is definitely a narc.

Looks like we got a lot of problems on this forum also then... 

LOL Noticed also but didn't want to say anything.