What Will Happen to Bitcoin? 12uc

[marybluesky]

Bitcoin price has been falling since some days, experiencing a surprising low level no analyst predicted. The price continues to drop.
I asked What Will Happen to Bitcoin, and got 12uc: "Great goes, small comes". OK, I think I have my answer

I've bought some Bitcoin in order to invest my little money. I asked what to do with it now? 62.1> 55
"Bird in flight means pitfall."- or as Bradford says: "A flying bird on the way to misfortune "

The loss is inevitable.

 

[poeticwalking]

On a side note it looks like 1. BTC is no longer an independent investment, it seems to be tracking with tech stocks 2. looks like the low this cycle might be around 20k, which some analysts have called for (and next halving cycle up to 100k/beyond). I guess the multiplier keeps getting diminished from ratio of high to low.

Inspired me to ask my own question: "What is the likely outcome of my bitcoin investments?"

I got 30.5 changing to 13. It feels pretty positive to me? Also very descriptive with the change to 13. BTC only works if we all agree there is value in it, there needs to be trust in the social network around it. I like the idea of good fortune coming through suffering in line 5, I guess that also supports it going down. Buy the dip if ya believe? BTC always seems to crash and then rise again, sorrow before fortune.

But also it's about understanding the concepts which I believe in- idea of BTC in general (decentralized; agreed-upon store of value; all the security stuff), also BTC is the 1st thing I finally was disciplined about dollar cost averaging about- a great financial skill to learn. Maybe also too realizing along the way of BTC that I want a lot of my investments to be in more secure/less volatile things (they are, but could be more so).

 

[marybluesky]

@poeticwalking , do you have any idea on how to read my casts?

 

[moss elk]

Inspired me to ask my own question: "What is the likely outcome of my bitcoin investments?"

I got 30.5 changing to 13.

Guess whose tears it will be?
Guess why?

 

[rosada]

62.1 The bird meets with misfortune through flying.

Maybe hang on to it longer?

 

[marybluesky]

@rosada that was my first impression, too. Then I checked Bradford's translation.
I'm not going to sell it. To the point the damage is done, do let it be.

 

[Viru10]

12uc made me think literally "blocked", maybe something akin to China's ban on bitcoin which could be implemented globally.

 

[rosada]

I'm seeing two totally different ways to interpret these hexagrams:

12.1 Misfortune through flying/55. Abundance...so don't fly away too soon, we're headed for Abundance.
OR
12.1 Misfortune through flying/55. The sun at midday.... so misfortune if one continues to hang on, it's already reached it's peak.

So what's the proper way to interpret???

 

[Olga Super Star]

Isnt 12 also the non-people?

I never learned about bitcoin, I just heard the name and thought it was one of those machinery-ethereal inventions of the modern world.
A non people thing.

I hope you won’t lose a lot of money. But believe me, money is not happiness.

 

[moss elk]

Isnt 12 also the non-people?

No no no.

Fei Ren means bad people or literally : 'inhuman'
'Malformed' of character/mind
And what we call evil.
And looking back at all of the considerably evil people I have known, Malformed or Twisted hits the mark in describing them.

It is Not 'non people or systems'

Later Chinese words like kidnapper & robber have the same Fei in it.

Huge difference in English between the loaded with meaning 'Inhuman'
and the generic/sterile 'non-human'

Edit: of course not every person or thing referenced by a 12 reading is Evil,
It often just means to seperate.


It's also a mistake to think of 55 as 'Abundance' which has a positive meaning like a cornucopia or prosperity.
(Because That image is in 42 by the way...)
A better word for 55 is a Plethora or simply 'a whole lot of' without the value judgement or desirability to it.

 

[marybluesky]

Isnt 12 also the non-people?

I never learned about bitcoin, I just heard the name and thought it was one of those machinery-ethereal inventions of the modern world.
A non people thing.

Makes sense; sometimes the I Ching talks literally....
And... it made me consider it another way: Bitcoin has a Blockchain structure, no?? 12uc could be simply describing it: Bitcoin remains what it is.

 

[Olga Super Star]

Fei Ren means bad people or literally : 'inhuman'
'Malformed' of character/mind
And what we call evil.

Interesting.
I remember I got that for the Important Director, who literally robbed me of my time and mental health.
I also got it when asking about cutting down 70 year old trees in my garden: inhuman sounds perfect

 

[kestrelw1ngs]

Makes sense; sometimes the I Ching talks literally....
And... it made me consider it another way: Bitcoin has a Blockchain structure, no?? 12uc could be simply describing it: Bitcoin remains what it is.

I like this. Yi is punny sometimes.

55 in my experience usually describes a situation that's almost volatile, or just has a lot going on that is confusing...too much energy to tell what's going to happen.

The reference to the eclipse in the lines has me wondering....when did you cast? There was a pretty heavy lunar eclipse two days ago. Could just be Yi saying its not a time to take action.

 

[moss elk]

I like your description of 55's qualities
I find the same.


Referencing the word 'blocked':

I like this. Yi is punny sometimes.

One shouldn't like this.


否 is the name of hexagram 12.
It literally means 'No' or 'Deny"

It refers to people/things you should
say 'no' to, or deny.
It's about you denying them & their gifts.

It doesn't mean blocked,
(unless it's you blocking them)

 

[marybluesky]

There was a pretty heavy lunar eclipse two days ago. Could just be Yi saying its not a time to take action.

As far as I remember I posted the thread the day I did the cast- May 11th. Of course it was between a solar and a lunar eclipse.

 

[marybluesky]

I guess the way of bitcoin was "blocked" by financial institutions at the time due to several reasons like limiting its anti-inflation power and personal interest of big investors.

That's over.