The most intriguing thing is that adoption is taking off like wildfire, but the price doesn't move.
$100k on the first day on Overstock, then nothing. My guess would be that no news means very low volume. Also, that kind of adaptation wound kind of push the price of bitcoin down.
Maybe BTC wasn't really worth 1200 when it hit 1200.
My guess would be that Silkroad was working just fine when the price of Bitcoin was $2.
But every day that goes by, $850 is less and less speculation, and more and more actual adoption.
It's all speculation.
When will the price start to rise again?
Why do you think it would rise?