Lyric discussion by androidmeg 

Cover art for Black Bullet lyrics by Kidney Thieves, The

1) Awesome song. 2) I think she's referring to how dangerous she is, regardless her intentions, the situation, etc.

"when i'm walking on the line, i am, when i think that i could kill, i am, when i think that i am love, i am, i am a black bullet"

I feel like she's saying that even when she's trying to conform/be normal/straighten herself out ("walking on the line"), or when she's furious ("think that I can kill"), or when she thinks she's in love and tries to "behave", so to speak, she ends up ruining everything, or possibly even hurting someone.

As for what she's referring to by "hallucination"... perhaps she means that she puts on a front for everyone, pretending to be "tame" until her true nature rears its head.

Or, to take it further, maybe she's implying that the dangerous side of her she's referring to throughout the song is the "hallucination", and what's she's really hinting at is how vulnerable she really is, and that her destructive tendencies stem from a need to protect herself.

"Can you deal with the hallucination/can you steal the hallucination" -- either way, she's daring [us/them] to see beneath her facade, though what that facade is I'm not entirely sure. In my opinion, though, it's either of the two I mentioned above.