Why are psychics bearish on bitcoin?

[YipYip]

Tera: I'm confused. You say you believe in the psychics' abilities, but your position is still long. You've made a decision to go against their opinion. How does that square?

I don't believe in the credibility and accuracy of individual self proclaimed professional psychics to actually harness psychic abilities and be powerful enough to make accurate predictions. I for one have been practicing psionics for 15 years and my abilities are still shit, so it is hard for me to trust anyone else. I also don't believe that the future is neccessarily set in stone. In addition, I believe that psychics could have their energies and predictions interfered with by other forces and other psychics. For example, if there are bulls who want to accumulate as many bitcoins as possible and they are also powerful psions, they could be engaging in psychic combat with the mainstream psychics by projecting out bad energies and visions of crashes.

tl;dr I stick to my guns and use technical analysis for my trading.

Are you for real ??

var ans = (TERA RESPONSE);

If (ans)
{

   Console.WriteLne("I am Sorry For your loss of Sanity);
   this.Move(Slowly.BacksOutOfTheRoom);

}
else
    Console.Writeln("Lolz you had me going there ");

[TERA]

Code:

javascript:el=document.querySelectorAll('a[title$=YipYip]');for(var i=0;i<el.length;i++){el[i].parentNode.parentNode.parentNode.remove()}

[raskul]

hahahaha, quality. 

[cr1776]

Because there are no such things as "psychics", just frauds?

Everywhere I hear a psychic give a prediction on bitcoin, it seems to be unanimously bearish and apocalyptic.

"52 Bitcoin OK just think the crash of 1929, and the South Sea Bubble. Multiply those two events by ten then you'll be close to what is going to happen to this ponzi scheme."
-Christian Dion "the seer"

"Prediction #14: The alternative digital currency, Bitcoin, will crash due to a well placed virus that affects the algorithm. . …"
-LaMont Hamilton

I had a personal reading myself with a renowned psychic in march/april and was told:
-someone would steal all my money
-exchanges would start stealing customer money (I described what happened with gox and was told other exchanges were going to start doing the same thing)
-whatever happened in December was going to happen again, and cause a crash
-There would be a recovery into the 500s.
-There would be a little bit of action this year, but nothing extravagant. No huge rallies. Probably just 500s.
-Afterwards, prices would steadily decline again into an even further crash
-Something would happen in Japan
-The costs of using Bitcoin would rise (due to regulation)
-I was not going to continue to exponentially increase my money into millions and I was more likely to lose it all instead.

So what's up with these psychics. Why are they so bearish?

Disclaimer: I am currently long since my stop was blown out at $460 and I moved all of my coins into cold storage. I don't plan on changing this at the moment.

[zimmah]

Tera: I'm confused. You say you believe in the psychics' abilities, but your position is still long. You've made a decision to go against their opinion. How does that square?

I don't believe in the credibility and accuracy of individual self proclaimed professional psychics to actually harness psychic abilities and be powerful enough to make accurate predictions. I for one have been practicing psionics for 15 years and my abilities are still shit, so it is hard for me to trust anyone else. I also don't believe that the future is neccessarily set in stone. In addition, I believe that psychics could have their energies and predictions interfered with by other forces and other psychics. For example, if there are bulls who want to accumulate as many bitcoins as possible and they are also powerful psions, they could be engaging in psychic combat with the mainstream psychics by projecting out bad energies and visions of crashes.

tl;dr I stick to my guns and use technical analysis for my trading.

Are you for real ??

var ans = (TERA RESPONSE);

If (ans)
{

   Console.WriteLne("I am Sorry For your loss of Sanity);
   this.Move(Slowly.BacksOutOfTheRoom);

}
else
    Console.Writeln("Lolz you had me going there ");

That's a great answer either way. I should formulate all my answers like this to avoid making a fool of myself. You can never go wrong with conditional answers.

Anyway, I wouldn't trust psychics too much, most of them are frauds, and the ones that really have a connection with the spirit world can not really see into the future reliably either. Spirits can do a lot, but accurately predicting the future is not within their realm of possibilities. Also, spirits hate humans in general (at least the ones that actively seek contact). Benevolent spirits don't directly seek contact (they do outnumber the bad ones though).

[MatTheCat]

I wish I could go back. But until I see any proof of this while in my normal state of consciousness, I'm gonna assume that it was a hallucination brought on by the DMT, and a result of my brain manifesting facets of my mind, as described above. Still absolutely amazing though, I was in tears of joy when I came back to reality. I don't pretend to understand this shit, but it's totally illogical to think of it as proof of anything paranormal.

You are viewing these experiences the wrong way. You are trying to understand them through the lens of the day to day objectivity of the rational physical world, as your mind interprets it be. The only time the humans brain chemistry is flooded with DMT is said to be flooded with DMT, is upon the point of death. At this point, perhaps 'DMT land' becomes your reality? Think you only have a split second to enjoy the trip before 'nothingness'? Ever had the sensation whilst on hallucinogenics of time being elastic? 5 minutes seeming like 5 hours perhaps? Could a split second therefore theoretically seem like all of eternity? After all, time as we experience it is an illusion of the mind, albeit a persistent one (I think Einstein said that). If that intense split second DMT trip, were to be all you ever knew for the whole of eternity, if it were to be your infinite reality, would it really matter that some 20th century scientist proclaimed it to be simple 'illusion' triggered by a massive release of DMT out your pineal gland? At the end of the day, our objective reality is only how it is due to a combination of brain-structure and the bio-chemical balance of reactions within it. All very 'fluid' or impermanent stuff when you think about it.

Also DMT is a very different kind of trip to things like mushrooms. It is extremely intense, and entirely inwards. I have never experienced entities as such. But from the accounts I have heard from friends who have, their 'elves' certainly seemed to reflect archetypal issues within their own psychology:

My mate 'Bob' who has paranoia issues thinking everyone is trying to take the piss out of him (cos he is a bit slow: His elves were laughing at him behind his back.
My mate 'Jim', grumpy bastard, who can have difficulty in having time or enthusiasm for anything outwith his own little secluded world of distractions and indulgences: His elves told him to 'fuck off, go stand over there, we are busy just now'
My mate 'Heinz', who is a bit hyper and excitable: His elf was leaping around trying to show him things but without focusing on one thing for longer than 2 seconds.

Of course, that isn't to say that there isn't something more tangible and 'independent' to these elf or alien DMT entities that exist on a very different plane of reality from what we do, and the only time we can experience them is when our brain chemistry is flooded with this molecule, but due to lacking any kind of pretext by which we can understand them, our subconscious mind projects images of itself onto them, and they 'show us around', 'laugh at us', or perhaps even 'show us the one true light', etc?

The maddest thing that happened to me on DMT was that I believed that I was actually Alien myself. That part of my consciousness was Alien. Sounds mad now but at the time it seemed crystal clear and very real. A voice then triggered in my head "Hoi, you are not supposed to know that!", Before I was shot through a library of forbidden knowledge at 1000mph, too fast for my mind to make anything much of any of it. In the end the only conclusion that I could come to as I failed time and time again to get a grip on these wild revelations being flashed in front of my eyes, none of which I can even remember, was; "Does it really matter!?"

I've also had the classic "telepathy" experience on LSD

I have had telepathy experiences whilst tripping with friends, many many many times. Perhaps not quite feeling as though boundaries are dissolving, but certainly knowing what the other was thinking and what conversation was about to come up, and then the topic of conversation did come up. Many times. Infact, I can often do it without tripping. Nobody needs hallucinogenics to be able to tap into energy fields being emitting from some person or people within a room. We are doing this all the time and subconsciously processing the information that we receive. Mushrooms and such simply helps our rational minds notice or be more aware of these processes. Granted, something else that mushrooms, and especially LSD does, is sends our rational minds on delusional roller-coasters. We can get ourselves stuck in mad off the track paradigms which once upon a time, formed part of the fun of tripping but I jsut kind of find this side of it to be annoying these days.

Mat , is there a small or huge difference between fly agaric mushrooms and average magic mushrooms, meskalin, LSD.
I tried almost everything, but never considered fly agaric as very interesting. I am also aware of your described paranormal phenomenons.
Do i need to try them? Have you ever tried to trade on psychedelics, you will get a horrible performance only trading on dissociativa is worse.
Amphetamin and Opiate however increase my day trading skills massive.
In all of my high dose psychedelic, ketamin whatever dreams, i see nothing else but a horrible crash for Bitcoin even if the trip is generally of a positive nature.

A big difference. One of the biggest being that Fly Agaric is a bazillion times more toxic to the human body than pscilocybin mushrooms. Whenever I have taken 'enough', I have puked them right back out. The experience I described above, was from a time in my early 20's, when I nibbled on some Fly Agaric caps, to the point where I was so nauseous, that I knew I could take another nibble without puking. I got through 1.5 caps. Not enough! But I did nontheless get a mild kind of buzz from it. The Laplanders I believe, feed them to reindeer and then drink the reindeers piss in order to get the actual hallucinogenic compounds in a form that hasn't got other things that are gonna make them puke. Phuck that!

I dunno about Ampetamine, but I certainly find that my judgement is badly affected by caffeine (everything is positive, everything must be done at 10 times the speed), and worse still is alcohol where due diligence goes right out the window in favour of due negligence; "Hmm, BURP, maybe sgbett was right?, HICCUP, maybe Bitcoin at $820 is a steal!?"

I haven't actually done any hallucinogens (except DMT) since I started trading Bitcoin (only since Nov 2013). I imagine that a mushroom trip might give me a good few insights about it since I spend so much of my time and energy with my head stuck in Bitcoin charts.

[TERA]

I guess in this community practicing psi removes credibility but using drugs adds credibility.

[romneymoney]

All I was saying is that posting something that is sure to bring ridicule shows a level of openness/honesty.

[edwardspitz]

Personally I don't believe in anything paranormal. Ok, maybe a god (he doen't have a name), but that is it. Many years ago I worked in a Café and we had customer that had setup his horoscope business at one of our tables outside the café. When my manager told me to go outside and tell him to leave I got talking to him. I asked him directly if he really believed any of that nonsense, and he just replied that "I believe in the possibility". I thought that answer was pretty interesting, and it got me thinking about what he meant by that. I believe that what he meant was that it isn't really that important if horoscopes are valid/real or not. The only thing that matters is the how his "story" or prediction is perceived by the listener. We humans are very imaginative, and it is easy for us to apply an abstract story to a problem/question. I'm sure everyone has tried this with dreams also. Using creativity as part of a strategy to solve a problem that normally requires analytical skills can be a good idea in my experience.

[Ibian]

Of course, a god (or gods) is infinitely less probable than the existence of things like telekinesis or telepathy. If nothing else because a god would likely be capable of such things.

[protokol]

I wish I could go back. But until I see any proof of this while in my normal state of consciousness, I'm gonna assume that it was a hallucination brought on by the DMT, and a result of my brain manifesting facets of my mind, as described above. Still absolutely amazing though, I was in tears of joy when I came back to reality. I don't pretend to understand this shit, but it's totally illogical to think of it as proof of anything paranormal.

You are viewing these experiences the wrong way. You are trying to understand them through the lens of the day to day objectivity of the rational physical world, as your mind interprets it be. The only time the humans brain chemistry is flooded with DMT is said to be flooded with DMT, is upon the point of death. At this point, perhaps 'DMT land' becomes your reality? Think you only have a split second to enjoy the trip before 'nothingness'? Ever had the sensation whilst on hallucinogenics of time being elastic? 5 minutes seeming like 5 hours perhaps? Could a split second therefore theoretically seem like all of eternity? After all, time as we experience it is an illusion of the mind, albeit a persistent one (I think Einstein said that). If that intense split second DMT trip, were to be all you ever knew for the whole of eternity, if it were to be your infinite reality, would it really matter that some 20th century scientist proclaimed it to be simple 'illusion' triggered by a massive release of DMT out your pineal gland? At the end of the day, our objective reality is only how it is due to a combination of brain-structure and the bio-chemical balance of reactions within it. All very 'fluid' or impermanent stuff when you think about it.

I do get what you're saying about time dilation (yeah experienced that shit many a time  ), and the idea that that final second could be some sort of eternal state of being, but I think believing in it without any form of evidence whatsoever is illogical and counterproductive.

Regarding the idea of DMT being released from the pineal gland, it's a myth. It's possible, but no scientific evidence exists (there is only evidence of trace amounts of endogenous DMT existing in the human body). I believed this myth until about 6 months ago, it seems to originate from the author of "The Spirit Molecule" who speculated about it in the book. here's some links:

http://www.erowid.org/chemicals/dmt/dmt_article2.shtml

https://www.dmt-nexus.me/forum/default.aspx?g=posts&t=18834

The problem I have with these sort of beliefs, is that once you start saying things like "I know for a fact that psychedelics open up my consciousness to other dimensions/forces", there's literally no end to what you can claim. You basically enter the realm of invisible dragons and intergalactic teapots, where you can say anything you want and ridicule people who don't believe you.

I'm not saying that your beliefs are definitely wrong (they could be true), but I think it is wrong (and quite arrogant) for you to say with certainty that you're right and I'm wrong, because you subjectively experienced an altered state of consciousness, leading you to your conclusions.

I know a few people with have similar ideas to you (after using psychedelics, DMT in particular), and have really got into the whole "new age" thing. Me personally, when I discovered the wonders of psychedelics I started to really get into organic chemistry, drug pharmacology, that kind of thing. Of course I contemplate all that new age stuff, and love talking about it, but I think to understand the world around us it helps to stand on the shoulders of the great scientists that laid the foundations for the modern world that we live in. So instead of believing that drugs open up metaphysical dimensions/energies, let's see if there's a more plausible explanation first (i.e. brain receptors malfunctioning due to oddly shaped molecules getting stuck deep into those synapses).

An analogy would be if you said "Trees and plants grow by making sugars deep in their cells, in a chemical reaction involving the Sun's energy"

And I said "No you're wrong, trees vibrate at a very specific frequency that enables them to access an energy field invisible to us humans. This field is powered by the ghost of Princess Diana by pedaling a subatomic exercise bike in the 5th dimension. And I'm definitely right, because I saw it with my own eyes while on shrooms the other day! If you don't believe me then you're stupid and close-minded!"

Extreme example, but you see the problem with that way of thinking?

[Arghhh]

TERA's psychic abilities demonstrated:

My new view of the market:



I wouldn't be suprised to see flat for an entire year.

Need I say more?

[nostdal.org]

dafuk? why are you spending your money on these scammers, OP?

[aminorex]

Intelligent people generally do not believe in things that can not be reliably reproduced in a lab.

Trivially false.

[aminorex]

Code:

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Thanks.  That will be very useful.

[aminorex]

Psychics are great at predicting the future.

Psychics regularly win lotteries around the world.  In fact, they're so good they're banned from playing due to unfair competition for mere mortals.

Psychics are also forbidden from entering any casino as they know if the next card will be an ace, or when the ball will land on black.

 

I think you misspelled "statisticians".

[aminorex]

Searching for electric monkey on the web, having just read this thread, I thought this might amuse some (and aggravate others, who deserve it):

White Rhythmic Wizard, Kin 214: Sunday 1 June – After yesterdays expansion today we find balance through stillness, anchoring into a deep receptive and timeless space… The wizard is the energy of shamanic presence and today is a day where we can become deeply still, with meditation in the body bringing balance to our expansion… Deeply grounded and receptively open to resources coming… A divine feminine way of receiving all that flows our way, ‘Being’ a portal of reception…

Blue Resonant Eagle, Kin 215: Monday 2 June – Inspiration flies into our lives as we attune to the flow of accomplishing all we have seen in our visions… Here our creative mind sees what must be done and moves forward, flowing towards that visual outcome, inspired and tuned in…

Yelow[sic] Galactic Warrior, Kin 216: Tuesday 3 June – Today the enlightened mind questions any resistance to the flow, as  now the energy is building beyond any limitation… This solar intelligence questions beyond any confining conditioning , as in-tuition supports its quest for the most fluid route to integrating brilliance into this life…

[Undone]

My psychic is not a trader and knew nothing at all about bitcoin before the reading.  ( I don't know about those other psychics I posted about though)

TERA, your posts of late have been epic slow trolls.

It's like guerrilla Proudhon tactics. Well done.