Bitcoin Capitulation, an Astrological Perspective (What would Vettius Valens have said?)

in bitcoin •  6 months ago

The cursory senses often tell us that whim overrides predictability, but closer examination reveals that the universe is highly mathematical. This, I believe, is the real reason for why astrology is useful. It's not necessary that the stars have any level of efficient control, but that their intricate patterns are useful for mapping the probabilities and sets of significations to time. The world is not random, but fractal, and set theoretical.

I could take a chart, rotate it 180 degrees, put in different symbols, and as long as I'm consistent, it will be very similar to technical analysis of financial markets. The chart that I have is highly theoretical but it seems to follow a pattern just the same, not because it is "the chart" but because any logical mapping is better than none in a non-random universe. However, I don't believe that this is the cause.

Screen Shot 2018-02-05 at 5.37.44 PM.png
(screen shot of Delphic Oracle displaying a proposed chart for bitcoin)

The most important point for this chart is the lot of fortune (though because Satoshi's position is unknown at the time of the mining of the genesis block, it could be anywhere), it is fitting that such falls in the 10th house in the sign of the bull (for non astrologers this is the high noon position at the top of the chart). It has mythology associated with money and wall street. Therefore, this chart could be telling (chrematistikos - χρισμάτισκος) in regard to financial matters.

To the right of the chart is a pair of lists displaying a time lord technique that I first programmed in 1997 known as zodiacal aphesis (aka zodiacal releasing). The word aphesis (ἄφεσις in Greek) means "releasing" in this context. The idea is that a planet was said to be in bondage to a certain god when it was found in a given sign, but after the circular period of that planet, it is released from bondage into the next sign. This technique comes from Vettius Valens who was active writing between 140 - 160 CE. These texts were translated by numerous authors, but the ones I follow most are the ones done by Robert Schmidt.

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This is a metaphor for counting time. While a given planet such as Mercury might have 20 years as its circular period (which is a form of recurrence cycle beyond the scope of this article), it also has sub periods that are 12ths of the general time in succession, so 20 years becomes 20 months, then 20 months becomes 7 weeks, and 7 weeks becomes 4 days, etc... Each sub division helps to mark out more precisely where the trends in the larger cycle map to.

The idea here is to look for repetition, when were the last major mania phases and bull traps? When is the market generally flat? Theoretically, if you take the position of spirit (which would represent the natives reputation), it falls in Libra which represents the 8 years from 2009 until the end of 2016.

Screen Shot 2018-02-05 at 6.41.16 PM.png

We notice that there was a major spike in bitcoin price in November 2013 that peaked at the end of that month. This is towards the end of the Capricorn period on L2 under Libra. Both of those periods are cadent, but the run up started under Scorpio L3. Therefore we have a probable expectation of a future run up in price when Scorpio periods are active. Valens would say if this was a person, that such a person would be peaking in reputation because it is angular relative to the lot of fortune.

Schmidt said that the reason for this is that the 4 angles (analogous to the four cardinal directions of north, south, east and west) are the most centered in this world and therefore the most "telling" (chrematistikos again) or active. By contrast, the cadent places which are the 3rd, 6th, 9th, and 12th houses (the 1, 4, 7, and 10 o'clock positions of the chart) are the opposite because they were called "metacosmios" (μετακοσμιός - Greek) which literally means "between the worlds".

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Bitcoin really started taking off in 2017 which is close to the beginning of the new Scorpio major period. This period lasts 15 years so the expectation is that crypto will operate at a much higher level of activity for this period in general compared to the previous period. However, of the 15 years, Scorpio next hands over 12 months to Sagittarius. It's the reason that I predicted early on in this blog that bitcoin would suffer at least a year of bearish conditions.

The reason for this is that the Sagittarius period in relation to fortune is known as the "8th place" which is an indication of inactivity and death (the latter more so in fortune releasing). Astrologers would then look to the condition of the lord of the place for further indication of the nature of the times. Jupiter is the ruler and under the beams in the sign of its detriment. This is saying "bitcoin is dead". But not really. It just looks that way right now just as we are starting to enter this 12 month sub period.

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source

If the same plays out as last time, then the Capricorn period which starts early 2019 marks the end of this cycle, but remember that the beginning of Capricorn periods aren't typically periods of mania. It's after the loosing of the bond to Cancer that one of the last mania's happened. This fits astrologically as well because Cancer is ruled by the Moon and the Moon is most associated with manic impulses.

Screen Shot 2018-02-05 at 7.17.14 PM.png

The date of Nov 29th, 2013 was the approximate peak. The Cancer period has the remaining times according to Valens which started on Apr 30, 2013 and lasted until Feb 6th, 2014.

So what can we extrapolate here? The end of the next Capricorn period would mark the next mania phase which would be from summer 2020 to Feb 2021.

Screen Shot 2018-02-05 at 7.23.34 PM.png

This means that between July 2020 and Feb 2021 we can expect a similar run up to happen that has happened to bitcoin the latter half of 2017. Could it be that Lightning Network has gradually enabled many more merchants to be active with bitcoin adoption, or will it be some other crypto that has solved the scaling dilemma more elegantly?

The real reason why I'm long term bullish on crypto in general is because the world needs this technology to fight the financial exclusion of the banking system that relegates 5.5 billion of the worlds population to poverty. The need is there. A dollar cell phone with a Mycelium wallet can put Western Union out of the remittance business. That day isn't today. Andreas Antonopoulos said a little over a year ago that we are at about 1992 in blockchain development in relation to the development of the internet.

Decentralization is the future, but will take at least a generation to complete with the danger of a digital panopticon in between. The efficient cause is not the 8th from fortune Sag period, but the fundamentals of the marketplace. Time will tell and the blockchain will record this accurately.

This is not investment advice. Proceed at your own risk.


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Hello @zoidsoft,

Also notice that with the Dublin or London location for the Genesis Block, you have the 6th house being Capricorn. It also means this is a night chart, and therefore the Moon is the Sect Light. Valens preferred profections from the Sect Light. Starting in January at Bitcoin's birthday, the profection year it entered would be the 6th house Saturn ruled profection. Saturn being out of sect is arguably Bitcoin's most difficult planet. The 6th house is one of the worst houses according to Hellenistic astrologers. We also have Saturn transiting the 6th house beginning in late December. In fact, Saturn entering Capricorn might have timed the December top almost to the day.

There is a case that next year will be better as it's a 7th house year (an angular house), but Saturn is still the Time Lord by profections. I suspect 2020 in January, when Jupiter resumes its role as Time Lord, we can see the parabolic, blow-off gains that 2017 brought. This also coincides with the next havening in the mining block reward.

Also, another reason to use the Leo rising chart is that the message in the Genesis block was the title of the Times article about the UK Chancellor bailing on the banks for a second time. Plus the UTC time matches the time for London.

Anyhow, thanks for the nice write up. I enjoy using your Software, especially to time circumambulations through the bounds.

Will you be at UAC this year? I wonder how much Bitcoin talk will happen. I'm looking forward to what other astrologers might say.

·

I won't be at UAC. I'm in Ivan OnTech's (@ivanli) Blockchain Academy which is taking up most of my time these days.

Most excellent assessment!

I am in-joying these excellent buying times, and taking the longview here as well. (Mars in Capricorn)

Yes, it is better to have a mathematical model describing structures that stick out of the randomness. Astrology has evolved to predict events that happen on time-scales related to human life. It is not clear how good it is for new phenomena.

I think the best we can do currently is using a neural network that may pick up trends and is trained on similar data. It is a kind of modern number astrology. If I find some time I may train a network and post what it predicts for crypto 2018

a different evaluation. a good point of view. Thank you.

you always provide informative post. Thanks dear @zoidsoft

This post has received gratitude of 5.05 % from @appreciator thanks to: @zoidsoft.

You got a 5.26% upvote from @buildawhale courtesy of @zoidsoft!
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Nice to meet you. I first started to get into steemit. I'll follow you. Thank you for a good article.