Quote from: uki on February 25, 2015, 07:10:07 PM

Quote from: jcoin200 on February 25, 2015, 02:03:30 PM

Quote from: ndnhc on February 25, 2015, 12:10:38 PM

I have a small buy order at $200.

Even that isn't getting filled after waiting weeks. There is no way bitcoin will reach $50.

Beyond impossible. Wink

No, I'd say its becoming more and more possible every day. I just saw some major japanese retailer saying they are considering accepting btc, and historically that makes the price drop cause they instantly convert to fiat. I think double digits are entirely possible, although that price may only last briefly...

I think we are still in the horizontal trend within the range $200-240 and we won't see much lower than the lower band of that channel. 1-handle yes for some short time again is possible, but I don't think price will drop to double digit territory.

This horizontal trend will continue for some time. A major bull market run could break out close to the block reward halving in 2016.