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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25526554 times)
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d_eddie
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April 11, 2018, 02:37:48 PM



What the hell? Wall observation in this thread?!

On topic is the new off topic, didn't you know?
Just don't tell the moderator ;-)
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April 11, 2018, 02:42:59 PM

some interesting new FUD ... from a bank 'analyst' research division no less. If you are a self-convicted permabull you may want to innoculate yourself before reading Barclay's special FUD mind worm piece below ...

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12030678

Quote
Analysts at investment bank Barclays developed a pricing model for the cryptocurrency based on epidemiology — the study of the spread of disease through populations — which divides the pool of potential investors into three groups, "susceptible", "infected" and "immune".

"However, once full adoption is approached, the price decline is sustained and rapid.

"Eventually, this leads to a plateauing of prices, and progressively, as random shocks to the larger supply population push up the ratio of sellers to buyers, prices begin to fall. That induces speculative selling pressure as price declines are projected forward exponentially.

"This occurs with infectious diseases when the immunity threshold is reached, [that is], the point at which a sufficient portion of the population becomes immune such that there are no more secondary infections."

In Barclays' model, the original "infected" were the 0.1 per cent of the population who first bought cryptocurrencies with an unknown long-term fundamental value, while the "susceptible" were the 25 per cent drawn in by fear of missing out.

... funnily enough after all the FUD they cover their asses at the end by saying we will 'almost' revisit ATH. All I read from the whole bullshit propaganda hit piece was that Barclay's is accumulating.

In fact, chart looks a lot like everyone and their dogs are accumulating ... it's a classic accumulation phase.
I like how they pulled parameters out of their asses and didn't provide different case studies. I would be quite surprised if there wasn't a set of parameters that resulted in Bitcorns not falling off in price, as there are almost always two to three distinct cases with different behaviour (up, down, oscillating).
infofront
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April 11, 2018, 02:53:37 PM

P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

I'd imagine there's a significant overlap between people open minded enough to use psychedelics and people crazy enough to get into bitcorn.

In my younger and more vulnerable years I tried many psychedelic substances.
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April 11, 2018, 03:02:23 PM

As horrible as the experience might be, it can actually, in select cases, be good for the person as it forces them to confront their problems.
...
However, I could imagine that the tea that shamans brew in their filthy pots in the jungles with all the resulting vomitting and diarrhea could have a very different impact on the person though. Which is also why I'm not particularly interested, although I've had an experience with throwing up on the come up before, which while fucking hilarious, wasn't something I'd need to repeat in that form.

I can't speak to the diarrhea, but I've heard vomiting is often a side-effect of the experience.

I've been fascinated with the idea of taking DMT to experience ego death, but, unfortunately, would very likely suffer from serotonin shock, and die, due to drug interactions with my daily regimen.

I've learned to make peace that I need certain prescribed pharmaceutical products in my system to balance me out. Not sure if I really want to try getting off 'em at my age ("ain't broke, don't fix etc.. right now")

So yeah, random aside I guess. An experience I will not be crossing off my bucket list, in this lifetime.

That, and I have a horrible, HORRIBLE aversion to vomiting.
The only time I vomitted was on psilocybin mushrooms, but I was slightly sick when taking them and ate quite a lot (of food) before that as well. So I was basically asking for it. Other than that I've never had any problems. Although the only time I've taken DMT was vaporized and not in the form of a tea either. I'm not interested in ayahuasca precisely because of the vomitting and the supposedly disgusting taste. At least with dried mushrooms they taste like nuts, and all the other substances can either be jammed into gelatine capsules or just have no taste to begin with.

Without trying to pry too hard, have you done this constructive analyzing/talking about whatever the fuck happened in your life kind of stuff? I haven't really heard of any depression cases where there wasn't something going on at some point in their life (e.g. just a naturally occurring chemical imbalance).
I got over my crap by spending way too much time with my thoughts alone and eventually things just clicked into place and now even with brief depressive episodes it's all just whatever (in a good way). Now those times feel more like spice in what we call life than some obstacle and I've actually grown quite fond of them, as they usually force me to set myself back on track whenever I go full retard for too long.


P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

I'd imagine there's a significant overlap between people open minded enough to use psychedelics and people crazy enough to get into bitcorn.

In my younger and more vulnerable years I tried many psychedelic substances.
Fair enough. I guess both are just some form of risk taking behaviour.
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April 11, 2018, 03:04:58 PM

P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

I'd imagine there's a significant overlap between people open minded enough to use psychedelics and people crazy enough to get into bitcorn.

In my younger and more vulnerable years I tried many psychedelic substances.

I for one would never, ever touch anything of that nature. I've known quite a few people who set off on a trip and never really came back.

It's one thing to blow your tits off with amphetamines, it's quite another to start meddling with your infinitely delicate brain chemistry.
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April 11, 2018, 03:09:08 PM

Psychedelics in general just amplify what is already going on inside you.
Hence if you're having a hard time with life, then that will be amplified to extreme and potentially life-like levels with all your insecurities and problems taking "real" shapes depending on the dosage that you've ingested.

As horrible as the experience might be, it can actually, in select cases, be good for the person as it forces them to confront their problems.

So far I didn't have anything anywhere near as extreme as the horror stories that I've read on the internet though, and I can't imagine myself ever having any of those experiences either.
But I've also made it a point to remember what I did prior to the experience, which takes off the edge. I'm also quite curious as to what is going to happen during the moment of death, since it's quite obviously just a fairly tale that humans tell themselves for the lulz. And then, with a high enough dosage you lose control anyways and at that point it doesn't really matter what happens since you just fully dissolve in what is happening (if anything at all).

P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

It's almost impossible to predict where people's demon's might take them. I watched a guy leap through a (closed) window, and then proceed to gnaw a guy's thumb off who was trying to help him. Dude was an experienced psychonaut too, but ayahuasca delves deeper than most.

At the same time, my spinal column lit like a rocket and propelled me straight into god's eye. A few millennia and hundreds of death/rebirth cycles later, I woke up. Like WOKE woke.

Bitcorn was a no-brainer "risk" after that! What's the worst that can happen?  Grin

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April 11, 2018, 03:18:44 PM

Just watched Gold break out of $1360 on high vol, big green candle.  Shocked
BTCMILLIONAIRE
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April 11, 2018, 03:21:24 PM

P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

I'd imagine there's a significant overlap between people open minded enough to use psychedelics and people crazy enough to get into bitcorn.

In my younger and more vulnerable years I tried many psychedelic substances.

I for one would never, ever touch anything of that nature. I've known quite a few people who set off on a trip and never really came back.

It's one thing to blow your tits off with amphetamines, it's quite another to start meddling with your infinitely delicate brain chemistry.
Did they have any prior conditions? Did they mix the substances with something else? What exactly did they take?

Generally, LSD, Psilocybin, DMT and Mescaline are among the most safe substances that you could ever ingest, even when compared to alcohol and tobacco.

However, there are substances that are being sold off as LSD and whatnot that are quite something else. They have similar effects, but can actually be lethal or otherwise problematic. In the 60s a substance called DOM was sold off as LSD. However, it took far longer for its onset, so people took more thinking it was a dud. It also lasted much longer than LSD and didn't really have an "upper ceiling" (LSD stops within 12ish to 24 hours regardless of dosage), DOM on the other hand lasts longer the more you take. 10mg lasts for upwards of 30 hours nonstop, and people took 20 to 40mg of it (because idiots put 20mg on a blotter while 5mg was already a pretty heavy dose) and then got hospitalized.

Then there's other stuff that can literally kill you if you take just a little bit too much, which also gets sold off as LSD.

But when it comes to "classic" psychedelics, they're as safe as it gets.

If you wanted to overdose on mushroom (lethal dose) you'd have to ingest about 5 kilograms of fungal matter. And you would die way before the substance could kill you just by the sheer amount of matter that you'd be ingesting to get anywhere close. Heck, you'd be tripping so hard that you wouldn't even be capable of eating any more to get to a point where you could die, be it from the substance itself or the amount of "food".

So other than taking the wrong substance without realizing it and overdosing, the only potential issues are mixing substances with problematic interactions, or already being mentally unstable and then tripping in a bad environment at a bad time.

These substances aren't toys and it's important to be mentally at ease before, during and for a day or two after the event. They're also quite powerful tools though, and there's quite a body of successful research going on into treating depression, PTSD, addictions (tobacco, opiates, alcohol), anxiety and the like right now. The only reason this research isn't further than it is right now is because of the classification as Schedule I thanks to Murrica's political games a few decades ago.
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April 11, 2018, 03:22:25 PM

Psychedelics in general just amplify what is already going on inside you.
Hence if you're having a hard time with life, then that will be amplified to extreme and potentially life-like levels with all your insecurities and problems taking "real" shapes depending on the dosage that you've ingested.

As horrible as the experience might be, it can actually, in select cases, be good for the person as it forces them to confront their problems.

So far I didn't have anything anywhere near as extreme as the horror stories that I've read on the internet though, and I can't imagine myself ever having any of those experiences either.
But I've also made it a point to remember what I did prior to the experience, which takes off the edge. I'm also quite curious as to what is going to happen during the moment of death, since it's quite obviously just a fairly tale that humans tell themselves for the lulz. And then, with a high enough dosage you lose control anyways and at that point it doesn't really matter what happens since you just fully dissolve in what is happening (if anything at all).

P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

It's almost impossible to predict where people's demon's might take them. I watched a guy leap through a (closed) window, and then proceed to gnaw a guy's thumb off who was trying to help him. Dude was an experienced psychonaut too, but ayahuasca delves deeper than most.

At the same time, my spinal column lit like a rocket and propelled me straight into god's eye. A few millennia and hundreds of death/rebirth cycles later, I woke up. Like WOKE woke.

Bitcorn was a no-brainer "risk" after that! What's the worst that can happen?  Grin


A second round after the fact? Tongue

I smoked DMT while peaking on LSD once and I'm not sure I would've even been capable of moving to jump out of a window if I wanted to. And on "physically functional" dosages I've always been very capable of thinking my actions through prior to taking them out. I'm really curious as to how people lose control or if it's more of a denial kind of thing. I've experimented dozens of times and never got anywhere close. The dumbest thing I ever did was shake a tree while on a cliff, slipping up would've been bad. But that's not precisely substance related and something that kids would do regardless. I mean, if you could literally shake a gigantic tree, you just would, period (it's easy to shake them at the top).
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April 11, 2018, 03:29:38 PM

Did they have any prior conditions? Did they mix the substances with something else? What exactly did they take?

I'm not talking death of course, they just wound up as vacant shadows. I dunno if there was something underlying in each case, but the eagerness people have to upend their brains is a little befuddling to me. You have no idea what effect they'll have on you yourself until you're too far gone to do anything about it. I don't believe it's something to be trifled with myself.
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April 11, 2018, 03:35:12 PM

Did they have any prior conditions? Did they mix the substances with something else? What exactly did they take?

I'm not talking death of course, they just wound up as vacant shadows. I dunno if there was something underlying in each case, but the eagerness people have to upend their brains is a little befuddling to me. You have no idea what effect they'll have on you yourself until you're too far gone to do anything about it.
The way I see it is, I supposedly only get one life and want to experience as much of it as possible. Of course that demands caution as well, but I've spent roughly a decade researching all sides of the story for every substance that I've ever tried and ultimately concluded that the risk/reward ratio for (some) psychedelics was in the favour of taking them, at least for me. I've made sure that I knew what to expect to the best I could and started small with no obligations for the coming days. At the end of the day, it was like Cannabis turned up to 11.
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April 11, 2018, 03:48:26 PM
Merited by ssmc2 (2), JimboToronto (1), JayJuanGee (1), infofront (1), Karartma1 (1), bitebits (1), El duderino_ (1), kaicrypzen (1)



Analysts, institutions, and developers remain incredibly bullish.

Noob speculators, butt-hurt weak hands, and overextended taxpayers who dove head first into the kiddie pool are hemorrhaging bearishness.

OG HODLers won't sell but won't buy either.

Who will make the first move?

Soros: Bitcoin is a bubble, no wait...BTFD, yo:
George Soros Prepares to Trade Cryptocurrencies

Rockefellers extend middle finger to Soros:
First Soros, Now Rockefellers Move into Cryptocurrency

Futures markets hungry for MOAR:
Cboe urges U.S. regulators to move forward with bitcoin ETFs

Japanese Firm paying salaries in crypto (+10% bonus):
Are Bitcoin Salaries the Future? This Japanese Internet Company Thinks So

Established, Regulated Online Brokerage buys exchange:
Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Mobile Payment Firm buys exchange:
Circle CEO Allaire on Bitcoin, Blockchain & the Bank of the Future

Twitter CEO: Bitcoin will be the world's sole currency:
Lightning Labs just raised millions from Jack Dorsey and others to supercharge blockchain transactions

Elizabeth Stark: It's about Bitcoin, Stupid:
Lightning Labs CEO: We are back to a 'bitcoin, not blockchain' world

Fundstrat Analyst Tom Lee: BTFD:
The Bitcoin Misery Index, BMI, Is Flashing A Buy Signal

Analyst Ronnie Moas 2018 Target: $28,000
Ronnie Moas Thinks $300,000 Is a Realistic Bitcoin Price Target

Analyst Trace Mayer 2018 Target: $115,000
TRACE MAYER: BITCOIN MAY HIT ‘SIGNIFICANTLY OVERVALUED’ $115K IN 2018

Analyst Max Keiser: Bitcoin to $100,000:
'Bitcoin is a gift from God to help humanity sort out mess it has made with its money'

Web Bot Founder: New apps and fresh adopters to propel Bitcoin to $60,000 in 2018:
Clif High and John McAfee drop Bitcoin Price Predictions that may shock you

John McAfee: BTFD or I'll eat a dick!:
$1mn by 2020: John McAfee will still ‘eat his own d*ck’ if he’s wrong about Bitcoin

Meanwhile, on Bitcointalk Speculation Forums:
fud Fud FUD Fud fud
DOOM doom doom doom DOOM DOOM DOOM


Bitcoin Price Action:

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April 11, 2018, 03:57:01 PM

Maybe pump will be soon, alts are waking up
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April 11, 2018, 04:05:54 PM



This literally is the only Image that was not showing up and it's the only one on topic! what are the odds. Smiley


P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?

I'd imagine there's a significant overlap between people open minded enough to use psychedelics and people crazy enough to get into bitcorn.

In my younger and more vulnerable years I tried many psychedelic substances.

I do so miss Mescaline, haven't seen it around sine the mid 90's. There's nothing like laughing for 9 hours straight to peak the spirit if not really hurt the jaw mustles. Cheesy

LSD on the other hand I can't do again last 2 times almost ended up in death, first time for someone else and the last time for myself.
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April 11, 2018, 04:07:46 PM

At one point it was as if my body had been sliced into thousands of infinitely thin slabs which were fanned out up the wall and across the ceiling.  I remember looking at them and thinking "those are delicate biological systems...I'm going to need those".
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April 11, 2018, 04:16:03 PM

all drugs are good mkay
sometimes in moderation and sometimes fun with no moderation. fuck it enjoy life
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April 11, 2018, 04:22:23 PM

all drugs are good mkay
sometimes in moderation and sometimes fun with no moderation. fuck it enjoy life

Try anything once, twice if you like it. Smiley
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April 11, 2018, 04:30:26 PM

Interesting read I thought. As most thing's that come out of this rag..extremely well written.

https://www.newyorker.com/magazine/2018/04/16/a-sidelined-wall-street-legend-bets-on-bitcoin

Lets go Bitcoin.

------
Daily look through the long lens. Two large structures readily apparent..the first from the ATH to what has been the yearly low. The second smaller oscillation from the "fishing hole" to now. These are showing resonance imho. I think a pretty decent leg up is in the making on a short to medium time frame.


A third attempt at this arbitrary resistance line. Each wave is a fractal of the previous one and the downward impulse is fading imho.

#dyor
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April 11, 2018, 04:37:39 PM

all drugs are good mkay
sometimes in moderation and sometimes fun with no moderation. fuck it enjoy life

I’m on the beak every weekend if you catch my drift.
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April 11, 2018, 04:48:26 PM

all drugs are good mkay
sometimes in moderation and sometimes fun with no moderation. fuck it enjoy life

I’m on the beak every weekend if you catch my drift.

So its hookers and blow for you every weekend, but without the hookers?
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