Had another Bitcoin dream, but with a fairly muddled message.
To cut to the chase, there was shock n horror as I viewed that Bitcoin had hit around $190, considerably lower than even I would bargain for, my response was mild disbelief but I could accept this market action. But the next minute I looked, Bitcoin was trading right back up at $700 and I had missed the boat. I looked at the chart and viewed the rather sharp and large jump up in price Bitcoin took. My response at this point was..."can't be, I don't believe it. Naw, just not possible". I did not accept this market action.
Interpretations?
I shouldn't ever think that 'I know' because when it comes down to it, I don't?
Bitcoin can and will shock everyone both to upside and downside, but perhaps my own bias is a bit more willing to accept the downside potential more so than the upside and this bias will harm me?
I work (when I work) offshore for weeks at a time. If this happens when I am on a boat, then I am not going to be in a position to take a position and thus will have missed the Bitcoin boat?
Or perhaps all of the above interpretations ring true, but sticking with the purely predictive aspect of the dream. Perhaps Bitcoin does have a bit more downside to come, but it has considerably more upside on the otherside of that?
Thanks for sharing....and bumping my thread
I am not going to act like I can interpret your dream (because its subjective to the person having it, but let me see).
It appears you believe a short dip is coming (then back up). I think the missing the boat probably comes for your past when I read (your previous comments) about you missing a few dips. Maybe regret.
Your own bias is more willing to accept the downside potential more than the upside one. Well, I believe you have been through many swings in bitcoin. You are probably seeing up swings. Vs. me, I am a noob and have yet to see an upswing (compared to the ATH which is when I first saw it (@1100).) So I am more likely to be bullish (more like hoping etc). You are more realistic....what comes up must come down and recent news and other things I am not seeing.
As far as btc dropping, bitcoin surprised me ever since this gox bs (when it dropped from 700-800 for months and months). Even in may, I am wondering why its still sub 500. Maybe more dips are to come, but it looks to me like we might be going up slowly.
I remembered that vivid dream I had on 3/30/14. I expected an upturn in 4/30/14 - 5/13/14 (1-1.5 months "to come true" from previous experience). And honestly, it looks like I either might be right (lets see, still 4 days left
) or wrong (maybe a few weeks or months later for uptrend).
Matt, from your posts, you seem to be regretful for small things like dips. I just want to say, you are not the only one (and honestly if I was into btc in 2010 etc I would be very happy.)
I definitely regret every day for not googling virtual coins. This is because in 2009-2010 I was on facebook zynga poker all day. I spent 20 dollars on I think 1.5-5 million zynga coins (At the time I was looking at buying facebook money - facebucks or w.e). Looking back, I am questioning why I never searched a virtual currency or something.
I brought it up to my bud (me purchasing 20 dollars zynga chips). He taunted me saying, "You spent money on virtual coins." I felt embarrassed at the time. Now I am like, wow that was a sign to google that @virtual coin (I know maybe it probably wasn't meant to be and all this jargin - mainly because I never once thought of searching a decentralized currency etc).
The only reason I heard of btc was because some guy lost 7,500 btc in a hard drive (newstory I saw late nov 2013).