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[myself]

del

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[ElectricMucus]

idk, it's very hard to tell if we go up or down from here.

[John (John K.)]

Wait till I break out my fish entrails.

[DeathAndTaxes]

where is the option for neither.

[fcmatt]

idk, it's very hard to tell if we go up or down from here.

What is this we stuff? The market is controlled by large players who make it dance the
way they wish. There is not even close to being enough small frys to make a lick of a difference
right now. It takes a few individuals to toss around 20-40K of BTC or lots of cash to make anything
happen around here. People selling or buying 10-25 BTC just is not happening enough to make
a difference lately.

So lets say 1,000 new people get interested in Bitcoin this week. They all want to buy, lets say,
10 BTC. That is only 10K in new purchases. Wow. Raised the price by 4-5 cents. Which will quickly
be offset by miners who sell on a daily basis.

Lets say 10,000 new people get interested in Bitcoin this week. They all want to buy 10 BTC.
That is 100,000 BTC getting bought. Now that would be a heck of a rally! But highly unlikely.

Large players, just a handful, buy/sell 10K-100K of BTC at a whim.

So in summary.. nothing will happen until they decide it will  happen. Last May though July is not
going to happen again.

[ElectricMucus]

Large players, just a handful, buy/sell 10K-100K of BTC at a whim.

So in summary.. nothing will happen until they decide it will  happen. Last May though July is not
going to happen again.

To some extend it was possible to predict what the would be doing, not just now.
There are 2 kinds of big players out there: Early adopters & Moneybags.

The former wants to keep the price up but has to sell parts in order to keep at it.
The latter wants to keep the price down but has to buy at some point.

oh well.. do I make any sense here? 

[waspoza]

I smell sell off. Cannot justify that tho, its only gut feeling.

[notme]

I smell some movement, not sure which direction though.  Down looks good, but maybe too good, which brings in the up possibility.  I'm guessing we'll find out around 4 - 4:30 EST.

[adamstgBit]

today's the 5th and its not like 12 or 18

its more like 2010 ... not stable at all, but once we have a the big boom up and over 100$  the months of trading at  6$ - 4$ will look like a flat line.

[ElectricMucus]

today's the 5th and its not like 12 or 18

its more like 2010 ... not stable at all, but once we have a the big boom up and over 100$  the months of trading at  6$ - 4$ will look like a flat line.