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

[philipma1957]

https://globalnews.ca/news/10275463/cannabis-anxiety-ontario-study/

 Cannabis use linked to anxiety diagnoses, worsened anxiety disorders: Ontario study
By Camille Bains  The Canadian Press

 "Cannabis use may increase the risk of developing a new anxiety disorder or worsen existing anxiety, a large Ontario study suggests.

The study looked at health data of 12 million people between January 2008 and March 2019 and found that 27.5 per cent of people who visited an emergency room for cannabis use developed an anxiety disorder for the first time within three years.

Lead author Dr. Daniel Myran, an adjunct scientist at the research institute ICES, said that in comparison, 5.6 per cent of the general population sought help for anxiety in an ER or outpatient setting over three years.
..."

Sounds like too much THC and not enough CBD. Cannabidiol acts as an antipsychotic.

When high-THC low-CBD strains first started appearing in the 1970s, I found them extremely unpleasant. I called them poison weed because they made me paranoid. I preferred legacy strains with a balanced cannabinoid profile.

People who simply wanted to get blasted loved the new strains. They loved the disorientation they produced. Some of us preferred strains that were more transcendental and less crazy.

Did these studies take the cannabinoid makeup of their samples into consideration? Many people used to think that "the active ingredient in cannabis is THC" and ignored all the other constituents.

Yes, THC can produce anxiety. But there's more to it than that.

Sounds like too much tobacco!
I never had anxiety problems, even from THC-heavy (+10%) weed as long as i vaped it (and that are quite some years now).
However, when i was smoking it with tobacco in my younger years, i experienced lots of anxiety.

Occasionally, there are some studies that oerate on basis of pure substance use, and some are cross-comparable to surveys, where most participants are smoking the weed, where you can directly calculate the much lower addiction potential and much safer side-effect profile of "purified" cannabis usage. I did this in the past, my personal experience also confirms the result and numbers ususally don't lie.

Pot could get me extremely anxious, so much so that I quit smoking it a very long time ago.

[Toxic2040]

when ever i feel anxious i like to think about reindeer

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

when ever i feel anxious i like to think about reindeer

Hello BitcoinBunny, I wish I were Santa to have my sleigh pulled around by a six pack of such reind...
...oops not you, Bunny? I see, it's our resident analyst cat. Sorry 

[vapourminer]

We need a new vote me thinks.

typical WO stuff.. basically things get done (or not done) whenever someone feels like it. you know cuz like thats how we roll.

so anyway wassup man?

[BitcoinBunny]

Michael Saylor buys another 850 BTC and no one gives a damn - we've come that far already
https://twitter.com/saylor/status/1754976122607980726

I guess, 850 BTC is not that newsworthy. some forum members here might even have more.
However it seems price reacted to it nonetheless ...like it always does when Saylor announces an acquisition.

Once people realise that the current daily BTC virtual mining amount equates to about 10,000 kilos of gold (that is physically mined per day on average) I think they will realise "Holy fuck that is an astonishing amount of BTC!".

And from April 850 BTC takes about two days to mine by all the BTC mining factories around the world.

Just one guy buying it all.

Good luck getting just 1 BTC.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Everyone thinking inflation will magically disappear and interest rates will be cut right back down to zero needs to think again.

Just one piss poor council in the UK here, is already raising taxes by 10% this year to fund non existent shitty services and overpaid CEOs.

Ten fucking percent in one year.

Birmingham given go-ahead to raise council tax by up to 10%
https://uk.yahoo.com/news/birmingham-given-ahead-raise-council-190309956.html

 The Mayor of TO was threatening to increase property taxes by 16.5% if they couldn't get increased funding from the federal gov't (aka also our tax dollars) and it was big news.  Then it was 10.5% and I believe she ended up putting forth a 9.5% proposal which will be put to a vote on Valentines' Day - how sweet - and I guess we're supposed to feel relieved because it wasn't "double digits" but we're just being manipulated.  Last year it was a 5.5% increase.  Maybe it's time to eat crow and call Roger for some of those sweet passports-for-investment deals he's hocking. 

 Especially when we have idiots like this with a soapbox on gov't funded media claiming to be a fiscal conservative.

https://www.tvo.org/article/im-a-lifelong-fiscal-conservative-and-i-support-raising-torontos-property-taxes

 TL;DR - I'm actually a socialist with communist leanings writing propaganda for the state-run media (while probably living in state-assisted housing) and you should mortgage the increased value on your property in order to pay your damn taxes, you leech!

---------

 Again, this is probably too much personal info but this is the first year that my property taxes alone (and I just have one property) account for more than one month of my after-provincially-and-federally-taxed income while my gross income is ~8% higher than last year.  This is because income taxes have increased and the value of our property (assessed every 4 years but stalled for the last 3 years allegedly due to covid) has increased.  So not only am I paying a property and income tax increase year after year but an accelerated property tax increase on an increasing "assessed" home value.  I think the idea is to force us all into multi-family dwellings/apartments by taxation and allowing a ludicrous number of immigrants into the country with no place to put them.  It makes my head hurt thinking about it.  I'm sure I'm preaching to the choir for the most part.

 Anyone have Roger's contact info handy?

[BitcoinBunny]

O/T

Michael Obama apparently is running for US presidency.

The bookmakers had him at 20-1 odds a few weeks ago, now 14-1.

[BitcoinBunny]

Everyone thinking inflation will magically disappear and interest rates will be cut right back down to zero needs to think again.

Just one piss poor council in the UK here, is already raising taxes by 10% this year to fund non existent shitty services and overpaid CEOs.

Ten fucking percent in one year.

Birmingham given go-ahead to raise council tax by up to 10%
https://uk.yahoo.com/news/birmingham-given-ahead-raise-council-190309956.html

 The Mayor of TO was threatening to increase property taxes by 16.5% if they couldn't get increased funding from the federal gov't (aka also our tax dollars) and it was big news.  Then it was 10.5% and I believe she ended up putting forth a 9.5% proposal which will be put to a vote on Valentines' Day - how sweet - and I guess we're supposed to feel relieved because it wasn't "double digits" but we're just being manipulated.  Last year it was a 5.5% increase.  Maybe it's time to eat crow and call Roger for some of those sweet passports-for-investment deals he's hocking. 

 Especially when we have idiots like this with a soapbox on gov't funded media claiming to be a fiscal conservative.

https://www.tvo.org/article/im-a-lifelong-fiscal-conservative-and-i-support-raising-torontos-property-taxes

 TL;DR - I'm actually a socialist with communist leanings writing propaganda for the state-run media (while probably living in state-assisted housing) and you should mortgage the increased value on your property in order to pay your damn taxes, you leech!

---------

 Again, this is probably too much personal info but this is the first year that my property taxes alone (and I just have one property) account for more than one month of my after-provincially-and-federally-taxed income while my gross income is ~8% higher than last year.  This is because income taxes have increased and the value of our property (assessed every 4 years but stalled for the last 3 years allegedly due to covid) has increased.  So not only am I paying a property and income tax increase year after year but an accelerated property tax increase on an increasing "assessed" home value.  I think the idea is to force us all into multi-family dwellings/apartments by taxation and allowing a ludicrous number of immigrants into the country with no place to put them.  It makes my head hurt thinking about it.  I'm sure I'm preaching to the choir for the most part.

 Anyone have Roger's contact info handy?

It will be interesting to see what happens here in the UK.
Apparently Labour have the next election in the bag.

Yet that can only mean even less control over illegal immigration, even higher taxes, even more dumb throwing money at 15 minute cities / the environment, even more socialism, even less incentive to get your ass off the sofa to do something.

Perhaps a massive right turn in politics in the future?

No idea but both parties suck and both suck too much off the WEF ballsack in my opinion.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Sounds like too much tobacco!
I never had anxiety problems, even from THC-heavy (+10%) weed as long as i vaped it (and that are quite some years now).
However, when i was smoking it with tobacco in my younger years, i experienced lots of anxiety.

Occasionally, there are some studies that oerate on basis of pure substance use, and some are cross-comparable to surveys, where most participants are smoking the weed, where you can directly calculate the much lower addiction potential and much safer side-effect profile of "purified" cannabis usage. I did this in the past, my personal experience also confirms the result and numbers ususally don't lie.

Tobacco? What's that got to do with it?

There's no indication that tobacco was involved in any of the studies being discussed here. I was talking about the ratio of cannabidiol (a natural anti-psychotic) to THC in cannabis, nothing to do with tobacco.

Also 10% THC is not THC-heavy by today's standards. Many if not most high-THC strains are now over 20% THC. It's when the CBD levels are <5% that anxiety becomes a problem.

You didn't mention what the CBD levels were in your "THC-heavy (+10%) weed". A nice 10% CBD/10% THC balance shouldn't create any anxiety.

[xhomerx10]

when ever i feel anxious i like to think about reindeer

                                               [img size=#DD]https://talkimg.com/images/2024/02/06/vF9Ea.gif[/img]

edit: I seem to be having quote issues lately.   I hope it's simply because I just switched to a larger keyboard with mechanical keys.

[boumalo]

Bitcoin ETF approval, halving coming, interest rates probably going down in 2024 are good but the fact is miners are selling, ETFs inflows are good but not great, companies are being prudent and lay off workers.

The effects of higher interests are increasing everyday since loans are coming due for renewal everyday.

I see a new test under 40K$ before halving.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

Explanation
Chartbuddy thanks talkimg.com

Is that $45K calling?

[philipma1957]

Explanation
Chartbuddy thanks talkimg.com

Is that $45K calling?

no its 50k on the way😀

[WatChe]

Okay, I did my 100 sips - the first 50 were a cafe Americana which I made with a double shot of Guji, Ethiopian Gigesa heirloom from my espresso machine.  (If you like a strong tasting coffee, it isn't for you.  It's quiet subtle but nice for a change)  The second 50 sips was the daily medium Tim Hortons I have with my parents.  After that, I did a 5km brisk walk.  All this talk about fitness made me realize I haven't done much in the way of exercise since around Sept.  Thanks for shaming me into it, gentlemen.  What's the point of hodling if I wont be around to take advantage?

It's good that you have the realisation and next thing is to focus on your fitness. Just spare 30 mins for exercise 5 times a week and you will be good to go. If you do regular exercise then your body will be addicted to it and you will find comfort in it. Don't take exercise as fatigue rather enjoy it.
Take blood readings after 3 months of regular exercise and you will clearly the difference.

[bitcoinPsycho]

44K in one hour tbc

[OgNasty]

44K in one hour tbc

I don’t know about the next hour but it does feel like the market has decided to move back up. There isn’t much resistance left between here and $50K so a move up could go fast. There’s still a lot of BTC hanging over the market though so it’s back to all eyes on gox to see if there’s going to be demand to meet all that supply.