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

[Torque]

Just watched Gold break out of $1360 on high vol, big green candle. 

[BTCMILLIONAIRE]

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.

[BTCMILLIONAIRE]

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?  

A second round after the fact?

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).

[gentlemand]

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.

[BTCMILLIONAIRE]

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.

[RejectedBanana]

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:

[DonQuijote]

Maybe pump will be soon, alts are waking up

[Hueristic]

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

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.

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.

[jojo69]

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".

[bitcoinPsycho]

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

[Hueristic]

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.

[Toxic2040]

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

[LFC_Bitcoin]

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.

[Ivor Biggun]

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?

[Last of the V8s]

tonite's entertainment provided by:

Robot-boy and the Lizards
Skinny Russian Kid
jojo69
Thermos and the Censors
Big Deal in China
Acid Wall Observers feat. infofront
DJ BobLawBlaw
Lizzie Stark feat. Lightning Labs

and many many more

[kaicrypzen]

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.

What if you like it so much that you would wanna keep on trying it for the rest of your life even if it may have a high chance of fucking it up?

[Gab0]

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

That's a good list, thank you.

Here is another pretty bullish news in my opinion:

The European Blockchain Partnership Signed, €300 Million Allocated to Blockchain Projects
https://www.trustnodes.com/2018/04/11/european-blockchain-partnership-signed-e300-million-allocated-blockchain-projects

[Karartma1]

I am ready for you to kill my new WO Mascot but remember: the only way is ...


It's not been that hard to read the last 9 pages. Lots of ignored guests

[bitcoinPsycho]

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.

What if you like it so much that you would wanna keep on trying it for the rest of your life even if it may have a high chance of fucking it up?

then avoid it if you have no self control

[ssmc2]

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.

What if you like it so much that you would wanna keep on trying it for the rest of your life even if it may have a high chance of fucking it up?

That's just a matter of personal fortitude and self restraint.