We Should See Some Big Movement Tonight - page 2.

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: bittenbob on January 20, 2012, 11:54:33 PM

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.

bittenbob

hero member

Activity: 560

Merit: 500

Quote from: Explodicle on January 21, 2012, 12:31:10 AM

Quote from: bittenbob on January 20, 2012, 11:54:33 PM

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).

Explodicle

hero member

Activity: 950

Merit: 1001

Quote from: bittenbob on January 20, 2012, 11:54:33 PM

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?

teflone

hero member

Activity: 770

Merit: 500

You're fat, because you dont have any pics on FB

calling it now..

I saw the sign again...

gewure

sr. member

Activity: 364

Merit: 250

[#][#][#]

chart looks silent - and bearish

bittenbob

hero member

Activity: 560

Merit: 500

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).

Topic: We Should See Some Big Movement Tonight - page 2. (Read 2988 times)