This week, politicians in Armenia continue to watch for status updates containing words like “revolution” among the 123,000 Facebook users in that country. This Thursday marks the two year anniversary of a historical political standoff that followed rigged presidential elections.

Facebook users in the nation all support the Armenian National Congress, which will hold a rally February 18 to commemorate the two-year anniversary of a political standoff that ensued from rigged presidential elections. This Thursday’s event has gained significance from the recent uprising in Egypt and Tunisia.

The Armenian Observer Blog pointed out that Facebook status updates containing words like “rally” increased the a day after a local newspaper ran a story saying that government officials were watching for references to revolution posted by people in Armenia.

Armenia ranks 124th among the 213 countries that have users on Facebook, and the number of Armenians on the social network roughly doubled over the past six months, although currently only about four percent of the country’s population uses the site.

Do the postings on Facebook hint of a possible revolution occurring later this week in Armenia, or does the social network need to have greater penetration in the country in order to effectively coordinate a revolt?