Topic: Hey guys! Guess what! Feb 2014... (Read 5259 times)

The reason it gets no funding is that for every lunatic who believes in $100 it would be much more "profitable" (in case they turn out to be right ) to sell or short now and buy at $100, instead of tying btc in the bet So this was kinda intended as a trap for lunatics who can't count to two. But shhh.

I don't like gambling.

I only like winning and absolutely hate losing.

What happens in Bitcoin in near future depends entirely on stance of Chinese government. I am not willing to bet either way on that. I have bearish buy-ins lined up on Bitstamp, and I will continue to look/wait for trading opportunities in meantime.

Set up a bet over on bitbet. The 1000-before-100 one isn't getting any funding on the no side, we need something slightly less bearish.

gave me chills, sir

It is as strongly possible as 300- Q1. Infact, both are strongly possible.

I sold everything before I went to bed cos with lack of ability to set a stop loss, there is no way am I being asleep with thousands riding in this Bitcoin market..... risks of heavy losses far outweigh possibility for gains.

....I have woke up (no dreams I am afraid), and the price is the exact same as when I went to bed, but the charts are now looking a whole lot more bearish than when I went to bed. The indicators are also all pointing to a sell. Lower prices ahead and who fkn knows wtf will happen with China. Not a great time for Bitcoin investment.


Then you are in bad need of a sense of humour transplant.

'HODL', He said HODL', BWA HAHAHA  HAHAHA HAHAHAHAHAHA HOOOHOHOOOHHHOOOHEEEHOOOHEEEHAAHOO

 

 

This made me laugh. Joke of 2013 = HODL.

if not inevitable

You must be new here,

for the short time we have to have a correction, but if we are talking Q1 2014, 1000+ is still strongly possible.

eh?

Up n away it went....it coming back down now, following China's lead as usual, with Stochastic indicators strongly suggesting that we may see a lower low than the 718 from earlier this evening.

Whatever turns out, your comment was poorly timed.

And up up and away it goes! BTC

Okay guys, time for a little longer of a post explaining everything.
I haven't had time to write because of all the holiday madness!

This year I did all my Christmas shopping with bitcoin, I research into the code a lot and have been intrigued by the idea of this new currency that I have deemed able to throw over establishments.
I know that next year, Q1 we are talking big game investors coming in, overstock.com is in, derivatives are still arriving, amazon.com and Starbucks might just jump on board.
(I mean you know how those hipsters are they have to have everything before it's cool, why NOT bitcoin?) 

Point is, after everyone has time after the holidays the price is going to be 1000+ Jan 1st.
It's already been bullish these past two days and I don't think it's gonna stop.

Yet this is all just based on a dream I had, I just reported these for fun never expecting it to happen, Yet your mind is one amazing thing, the power of knowledge and consciousness is just immense.
If this does come true and some people jumbled a BTC or two on my words and won, great! I just don't wanna be responsible if something happens, I'm confident in my word that I am all in right now.
Everything that's not essential money for me is in BTC. This is going to be one hell of a year with things to happen.
Earthquakes, Debt Ceiling, Zombie Attack,Government Collapse? Who knows.

I just know that in my hand, my BTC is going to be worth one hell of a lot at the end of 2014. All the way through it's gonna be one hell of a ride.

So my friends,

HHHHHHHHHHHHHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOODDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD DDDLLLLLLLLLLLLLLLL!

-SuuKool

I dreamt of an impending Bitcoin bubble at 160, then again at 210 after the 230 top, on Oct 30th. Then, I dreamt of 500s during the bull trap to 1068 on the 9th of December. I know the dates because I actually told someone about it and just searched through the log.

This has happened in the past as well. I do think there is something to it. When we are awake, we let our biases and wishes influence us, although my dreams weren't always contrary to my position. Still, we pick up lots of things that we don't dwell about that can manifest in such an emotional response and serve to help break through a possible cognitive dissonance.

When you don't get good rest, then something is probably wrong with your position. If I sleep well, it's indicative that things are going fine.

Going from my own experience, I really don't know about that.

True, spend too much time with your head in Bitcoin and you will dream a complete pile of Bitcoin mince.

But some of my best investment insight ever, has come from dreams. Sometimes it is hard to distinguish the mince from the substantial however, especially since we will always tend to bend any kind of intuition that enters our head to fit our paradigms and personal biases.

Annoyingly, I often only get a strong investment intuition if I have already made a move.

I invested heavily into silver back in $30 days when it seemed it could only go up. However, despite all the positive visualisation and positive bias reinforcement that I would do by reading the sort of bullshit that Max Keiser or Mike Maloney are endlessly putting out, I then had a dream about it being an absolute nightmare investment. Being a bit of a 'Crash JP Morgan, Buy Silver' sucker, it  took a while to admit to myself that the market was going to be grim, especially since it did go up a bit in short term (I ended up taking a small loss). Thus far, I took a 3% loss and saved myself a near 40% loss.

I sold 15 BTC that I bought at $100 for $350 after deciding that the market was going down. The same night, I dreamt of Bitcoin taking out $600 on Gox (that was where I checked Bitcoin price as recently as early Nov 2013). I knew immediately that I had to get heavily into Bitcoin and quick...unfortunately it took 11 days to get clearance on Bitstamp and get GBP sent and converted to USD, I still got in, and I still made thousands.

Most recently, I had a dream where Bitcoin went to $110 and this is influencing my market outlook without a shadow of a doubt....and almost every night, I am getting dreams of Bitcoin being smashed down unbelievably low, but these dreams don't really hit me as carrying weight like the other ones I described, so I am unsure if they are a kind of subconscious self-gratification of my conscious 'bearish' outlook or just faint echoes of what my subconscious mind already knows is going to happen. If I were to put 20K into Bitcoin tonight, I am sure that I would get some kind of dream that would strongly reflect the rightness or wrongness of such a move.....but since there are no guarantees that I will...I aint gonna.

and away from investment issues, I have experienced insight from dreams into things happening around me far too many times to dismiss dreaming as 100% minced up thoughts.

I'm kinda stunned that a bunch of people who spend a large amount of their time staring at information about something are amazed at the fact they then dream about that thing.

You dream about pretty much any significant data you input into your consciousness: when I learned AS2 I dreamt in code (which is strange), when I practise my Spanish I dream in Castillano, watch enough Star Trek etc etc. 

Dreaming about BTC isn't going to provide you with any market prescience outside of the coincidental, it just means perhaps you are not spreading your cognitive load evenly aka "need to get a life".

I dream about bitcoins. Who else dreams about bitcoin?

and it's true too. Anyone who based their trades on suukools previous dreams would have made profit.

Suukool will be crowned as Bitcointalk's official Shaman Oracle Prophet Dreamer after this (if) successful prediction.

Jungian collective unconscious

That just came true on my 9-3!!  Wish you had mentioned earlier!

No it just failed it.

Bitcoin already surpassed gold-ounce parity briefly this month.

Anyway, nice dream. Could come true, could not, just be patient and perhaps you won't have to.

First of all, debt is deflationary.  Principle plus interest must be repaid, so every new debt sucks money out of the future economy.  This is what keeps inflation in check.

Second, the interest is around $0.07 of every dollar the government spends, so we are far from "can't even pay the interest".  Bullshit hyperbole like this is how they divide and conquer us.

That said, the Federal Reserve system is a fucking fraud that devalues the labor of the common man for the benefit of the owners of a private corporation.  It's just that, unfortunately, the system is better thought out and less fragile than you hope.  Only a revolution can free us at this point.  Hopefully Bitcoin helps to make a peaceful one possible, but I very much doubt those who currently hold power will give it up without trying violence first.

Not a matter of "letting" anymore. The debt is so high that they can't even pay the interest on the loans. It will continue to increase endlessly until hyperinflation or default.

Sorry, yes that's the word I was looking for. Hyperinflation, this is very probable. The USD can't collapse, not without our military claiming some bull on some terrorist activity to feed our economy. We wouldn't let the USD collapse, but man is it looking ugly.

Depends what do you mean by collapse. If it is hyperinflation then you are wrong. Everyone would run from USD to everything not fiat including bitcoin. The only reason why bitcoin would crash with economy would be when governments would take all savings from banks, then nobody would afford to buy bitcoin which in turn could mean its crash (but even this is not 100% sure)

Quantative easing seems to have helped the US shift some of their manufacturing industries back to them. Don't think it can be sustainably eased any further at the moment, though.

LOL.

No.

If the USD goes down, then all currencies go down, including novel 21st century crypto-currencies. In a global currency collapse scenario, only real physical assets would matter.

So despite what many Bitcoiners may believe, they definitely do not want the dollar to crash and burn, which it won't, cos the US establishment isn't going to allow that to happen and why would they?

The only dreams I have are of my old SAAB having mechanical issues, or the clutch pedal goes to the floor. 

I'd say the price per Euro might become the new benchmark.

This is just epic !!

i had a dream liek this last year

worked out perfectly.

in my dream i sold when i should've hodl

dreams really do come true...

I had a dream that it tanked once, saw the btccharts red candle. Then later that day they closed SR. What I didn't see in my dream, was the hardcore bounce that occured afterwards, and then the rush up to 1k and beyond.

Thanks mate, I'm buying everything...

Seems legit.

A few bitcoins as a hedge against a US default would be a little tipple for financial institutions and a rocketship for bitcoin. Choo choo!

The value of bitcoin is what you can get for them, not how many dollars (or yen or baht or...) it can be converted to. Which means we should look at reasons for people to move their wealth from one medium to another. The debt ceiling is good for getting people in a minor panic and may be one such event, but ultimately means nothing so far as the dollar goes until a default or hyperinflation.

Holy dips, I didn't even think of that. Hey you guys, what would happen if the USD collapsed? What would happen to BTC? Would it be worth alot more dollars since they would be worthless?

February 2014 is the debt ceiling deadline

Haha, you're welcome to choke me, if we crash and burn, pretty sure I'll wanna be dead! But I'm fairly certain that's HIGHLY unlikely!

I mean even if I think about it logically, it makes a lot of sense. The china issue going on right now is not that big of a deal, plus after Christmas the market will be very bullish, as with any other market. We almost surpassed gold with china, if we can do it without it would be a HUGE statement for bitcoin. I'm hopeful, lets start off the new year with one heck of a punch to those bears!

Too late for that, already did that before your dream. I just hope your dream comes true. Otherwise if I crash and burn I gotta choke somebody

suukool's dreams have been uncannily accurate. Most of the time. I'm buying more coins now.

Woah there. I'm not saying to invest in my word. I don't think I will be wrong, but I don't advise putting your life saving of bitcoin on my word. Even if you could make alot of money! haha

If you are wrong about this I will personally strangle you myself.

What's funny is this guy is right.

What's funny is bitcoiners don't sleep.

What's funny is that every "I had a dream" thread that I've read so far turned out to be correct.

Oh shit... Thanks for the heads up! 

If you guys know, I've had a few dreams that have come pretty close in predicting bitcoin, which we all know is unpredictable.

I had another dream that Bitcoin is going to skyrocket after this new year. Right around January it should get up to 1000+ following in those next days it will come to parity to gold which once surpassed it will be HUGE news. Major corporations will be on board and the news coverage is going to influx a huge amount of buyers, sending BTC to extreme. EXTREME. New ATH's

So buy now while it's cheap it's already on it's way back up. You should of bought at 550 or better yet 60$.

Happy Holidays!