We Should See Some Big Movement Tonight

[bittenbob]

We haven't seen any big moves in price in a couple days and it is a Friday night so I think we will see something big happen at some point in the next 12 hours. It might not be of the magnitude we saw the other day but I suspect we will see some liquidations on bitcoinica, moving the price one way or another. For the most part I think it will be a sharp move downwards followed by a large rally, possibly to $7 and beyond. Of course this could go the other way but I think things have been a little too quiet for whoever is causing these large price movements.

Whichever way we move it should be the opposite of what we see the majority of the posts on this forum being (bear/bull).

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[gewure]

chart looks silent - and bearish

[teflone]

calling it now..

I saw the sign again...

[Explodicle]

Whichever way we move it should be the opposite of what we see the majority of the posts on this forum being (bear/bull).

Nice try! I'll just do the opposite of YOUR post and follow what the majority says! Who's with me?

[bittenbob]

Whichever way we move it should be the opposite of what we see the majority of the posts on this forum being (bear/bull).

Nice try! I'll just do the opposite of YOUR post and follow what the majority says! Who's with me?

That only works of the majority of posters hold the majority of the coins and they are not lying about their position to try to get you into the opposite. If you have been here long enough you would know it almost always goes the opposite way as everyone says. It is the big players who decide where the market goes and not one of them would be dumb enough to give away their position (the one who did is now thread of the year).

[StewartJ]

We haven't seen any big moves in price in a couple days and it is a Friday night so I think we will see something big happen at some point in the next 12 hours. It might not be of the magnitude we saw the other day but I suspect we will see some liquidations on bitcoinica, moving the price one way or another. For the most part I think it will be a sharp move downwards followed by a large rally, possibly to $7 and beyond. Of course this could go the other way but I think things have been a little too quiet for whoever is causing these large price movements.

Whichever way we move it should be the opposite of what we see the majority of the posts on this forum being (bear/bull).

i wonder why.  Hmmmmm...

Edit: I see continued low volume, with a possible chance of low volume.

[ineededausername]

Cleared for takeoff

[bb113]

Whered you get that? I can't find it on bitcoinx.

[Serge]

it's not moving anywhere)  orderbook haven't changed much throughout the day and i won't be surprised to see whole weekend just the same.

and we had very minimal speculation today on the forum

[Serge]

Whichever way we move it should be the opposite of what we see the majority of the posts on this forum being (bear/bull).

market adopts to us, we adopt to market. vicious circle

watch, no one is going to say anything or opposite of what they want to say
will be fun times

[StewartJ]

it's not moving anywhere)  orderbook haven't changed much throughout the day and i won't be surprised to see whole weekend just the same.

and we had very minimal speculation today on the forum

Barring an appearance from Mr. Smack-Down (he' just about overdue). more of the same, me thinks.

[bittenbob]

Whichever way we move it should be the opposite of what we see the majority of the posts on this forum being (bear/bull).

market adopts to us, we adopt to market. vicious circle

watch, no one is going to say anything or opposite of what they want to say
will be fun times

adopts or adapts?

We just had a little movement there with that 600BTC volume. Could be a sign of things to come.

[Serge]

Barring an appearance from Mr. Smack-Down (he' just about overdue). more of the same, me thinks.

the whale must be very careful now, he may get trapped himself by another invisible whale =)

[teflone]

This is what I see happening.

Notice the bitcoin ATM they are walking by...

[Kluge]

BTC set to hit $8 by end of day. Not only do I feel the spiritual energy of bull, but I saw an ant climb UP a wall. I did not see any grasshoppers, so there should be little bear resistance.

Also, look at this graph.

[teflone]

BTC set to hit $8 by end of day. Not only do I feel the spiritual energy of bull, but I saw an ant climb UP a wall. I did not see any grasshoppers, so there should be little bear resistance.

Also, look at this graph.

Excellent trend lines, I agree... 

[bittenbob]

BTC set to hit $8 by end of day. Not only do I feel the spiritual energy of bull, but I saw an ant climb UP a wall. I did not see any grasshoppers, so there should be little bear resistance.

Also, look at this graph.

Sorry I only accept readings from magic beans.

[Otoh]

I wonder if we'll have another New Year's rally or strong price movements for the lunar year of the dragon kicking off on Monday

[bb113]

I killed two baby SILVERfish in my bathroom earlier if it means anything.

[notme]

I killed two baby SILVERfish in my bathroom earlier if it means anything.

Shit.  Going down.