Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[molecular]

wtf are you people wait for? Xmas!?, fuck this I'm emptying my bank account tonight.

I almost did this back in 2011 when I was drunk. Why, oh why, didn't I.

For highly analytical people like me, we make some of the best decisions when drunk.

Do you have an explanation for this?

Yeah, it stops second-guessing, lets you go with your gut, keeps you from getting bogged down in the details and missing the forest for the trees. It's a corrective for over-analysis, so it only works if you're actually prone to over-analysis. (The right amount of alcohol. Too much is eventually worse, of course.)

I noticed this too.

+1111111111 couldn't agree more.

Also....bid depth looking healthy!

So, now we know why bitcoin rates move all over the place: you're all drunk when trading!

It sounds like someone that says you should be a little drunk when you drive so your driving is more relaxed.

The decision to get drunk can be made whilst sober.....as with any drug. If you are aware of the benefits of the drug, then you are a very clever manipulator of your own consciousness.

+1

Seems a lot of people like to over-analyze why they like to get drunk...luckily I come from a country where we don't need a reason, just an occasion 

I think society would be better off legalizing the other drugs, too. Alcohol is one of the most harmful drugs to society in general and there's a widespread dependence problems due to social acceptance / norms. There's nothing to say against responsible use (as with any other drug), but once things escalate, alcohol can produce quite ugly situations.

Sorry to go off on a tangent... volume is picking up a little as Europe wakes up and starts populating the trading stations.

[molecular]

just buy, sell later if you think price is to damn high 

Yeah, it seems bears should get some ammunition so they can actually put their money where their yaws are. It seems it's only roaring nowadays.

[spooderman]

wtf are you people wait for? Xmas!?, fuck this I'm emptying my bank account tonight.

I almost did this back in 2011 when I was drunk. Why, oh why, didn't I.

For highly analytical people like me, we make some of the best decisions when drunk.

Do you have an explanation for this?

Yeah, it stops second-guessing, lets you go with your gut, keeps you from getting bogged down in the details and missing the forest for the trees. It's a corrective for over-analysis, so it only works if you're actually prone to over-analysis. (The right amount of alcohol. Too much is eventually worse, of course.)

I noticed this too.

+1111111111 couldn't agree more.

Also....bid depth looking healthy!

So, now we know why bitcoin rates move all over the place: you're all drunk when trading!

It sounds like someone that says you should be a little drunk when you drive so your driving is more relaxed.

The decision to get drunk can be made whilst sober.....as with any drug. If you are aware of the benefits of the drug, then you are a very clever manipulator of your own consciousness.

+1

Seems a lot of people like to over-analyze why they like to get drunk...luckily I come from a country where we don't need a reason, just an occasion 

I think society would be better off legalizing the other drugs, too. Alcohol is one of the most harmful drugs to society in general and there's a widespread dependence problems due to social acceptance / norms. There's nothing to say against responsible use (as with any other drug), but once things escalate, alcohol can produce quite ugly situations.

Sorry to go off on a tangent... volume is picking up a little as Europe wakes up and starts populating the trading stations.

I'm only here because pyramid.

there are more requtoes of the 'deepness' than there are buys/sells on gox

[ChartBuddy]

[ChartBuddy]

[ChartBuddy]

[ErisDiscordia]

I think society would be better off legalizing the other drugs, too. Alcohol is one of the most harmful drugs to society in general and there's a widespread dependence problems due to social acceptance / norms. There's nothing to say against responsible use (as with any other drug), but once things escalate, alcohol can produce quite ugly situations.

Sorry to go off on a tangent... volume is picking up a little as Europe wakes up and starts populating the trading stations.

I approve of this tangent. I am pretty much convinced that the choice of a society about which drugs to ban and which drugs to openly endorse gives away its intentions very well. Also the drugs the society uses are directly correlated to the value-systems of said society. Not sure if as a cause, or an effect, though.

Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).

A pretty good book about human history in terms of which culture has been using which drugs and what it meant for that culture is "Food of the Gods" by Terence McKenna. Recommended!

[ChartBuddy]

[gandhibt]

I think society would be better off legalizing the other drugs, too. Alcohol is one of the most harmful drugs to society in general and there's a widespread dependence problems due to social acceptance / norms. There's nothing to say against responsible use (as with any other drug), but once things escalate, alcohol can produce quite ugly situations.

Sorry to go off on a tangent... volume is picking up a little as Europe wakes up and starts populating the trading stations.

I approve of this tangent. I am pretty much convinced that the choice of a society about which drugs to ban and which drugs to openly endorse gives away its intentions very well. Also the drugs the society uses are directly correlated to the value-systems of said society. Not sure if as a cause, or an effect, though.

Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).

A pretty good book about human history in terms of which culture has been using which drugs and what it meant for that culture is "Food of the Gods" by Terence McKenna. Recommended!

"when in doubt, double the dose" -Terence McKenna =D But seriously there's some truth in this.

[molecular]

Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).

Hey man, this is a pretty good wrapup!

[ChartBuddy]

[ErisDiscordia]

Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).

Hey man, this is a pretty good wrapup!

As said, just parroting St. Terence McKenna. Still worth repeating though, as this point of view gets overlooked too commonly.

[vokain]

Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).

Hey man, this is a pretty good wrapup!

As said, just parroting St. Terence McKenna. Still worth repeating though, as this point of view gets overlooked too commonly.

I love how McKenna keeps popping up in this thread.

[molecular]

Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).

Hey man, this is a pretty good wrapup!

As said, just parroting St. Terence McKenna. Still worth repeating though, as this point of view gets overlooked too commonly.

too bad, can only find a PDF which will look crappy on my kindle. Anyone got a mobi or other ebook format?

[ChartBuddy]

[DougTanner]

We might finally challenge $210 today?

[Roger_Murdock]

My two favorite Terence McKenna quotes:

"Psychedelics are illegal not because a loving government is concerned that you may jump out of a third story window. Psychedelics are illegal because they dissolve opinion structures and culturally laid down models of behaviour and information processing. They open you up to the possibility that everything you know is wrong."

"If life, liberty, and the pursuit of happiness does not include the right to experiment with your own consciousness then the declaration of independence is not worth the hemp it was written on."

[NewLiberty]

As said, just parroting St. Terence McKenna. Still worth repeating though, as this point of view gets overlooked too commonly.

Spent a delightful private afternoon with Terrence over tea in his woodland home in California, and rubbed shoulders at a handful of conferences.  He is deeply informed by plant inspired wisdoms and a profound cultural engineer.  He will be missed.

[ChartBuddy]

[DougTanner]

Yummy 1000 BTC wall just waiting to be munched. nom nom nom.