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Thread: 5 Reasons More People Aren’t Buying Bitcoin

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  1. #1
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    Default 5 Reasons More People Aren’t Buying Bitcoin

    In my honeste opinion , more people aren’t buying Bitcoin for a few simple & stupid reasons:

    Not understanding what it is.
    Fear.
    They think they’re too late (they’re not).
    Beleiving everything they read in mainstream media.
    Thinking that it’s a bubble.

    This one personalment annoys me. Everything is a bubble, it’s just cyclical. What happens when the housing market crashes? It creeps back up, and then crashes again. People always compare Bitcoin to the Dot Com bubble but websites (and high valued websites) haven’t gone anywhere since that bubble burst. There’s inherent risk in everything: from crossing the street to making an investment.

    I’m not saying everyone should buy into BTC, I don’t suggest it at all actualmente. I think the average person will go into BTC, probably see it rise and invest at the end of an uptrend- then watch it crash.

    They’ll pull out their money at a huge loss and swear off BTC, while telling everyone who will listen that it’s a scam.

    The vast majority aren’t buying into Bitcoin for the same reason more people don’t buy stocks, or put money into an IRA. Who the hellt has times for those risk and long-term dangers? We are all going to die before that stuff can "come to fruition" like the sellers and devils of sellers want us to beleive.

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Many bitcoin buyers aren’t in it primarily for the hot babes and Lamborghinis, it’s about giving the finger to the federal reserve

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    r u in it for those hot babe?

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    No just Ferrari’s they are cheaper

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    It is volatile and that scares some people off. It is currently on the rise again, but personally I am not interested in high risk outlets. I really don't even care about being rich. All I really crave in life is a little security and certainty. I am not particularly greedy. I look at huge businessmen here arrested for corruption and just think 'Why are you doing that? You have more than you need and beyond'. I am materialistic in that I don't want to be homeless, but not so much that I crave opulence or anything excessive. I always considered Bitcoin and it would do not harm to invest a bit, but it would be for sport more than anything else. Just another egg in another basket.
    https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRWNc_AZewu7AAERwCfLfupUZIJSbzqC MgjXFbc0u9YrZkuInoB

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Non materialistic for not being homeless, is normal to not want!

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Quote Originally Posted by Fatboxingfan View Post
    Non materialistic for not being homeless, is normal to not want!
    I think when you have been without a home, you understand the ramifications of homelessness and don't want to repeat that. Never repeat the sins of thy parents. However, one can sometimes take that a little too far.

    Bitcoin...no issues with it, but would prefer it to be more stable and usable first.
    https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRWNc_AZewu7AAERwCfLfupUZIJSbzqC MgjXFbc0u9YrZkuInoB

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    You cool calm and collected, not foam on the mouth, for once a calm person here, like me. I no fight with no one.

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Quote Originally Posted by Fatboxingfan View Post
    You cool calm and collected, not foam on the mouth, for once a calm person here, like me. I no fight with no one.
    Everyone has their shadow, but when one shows respect to another person you find it comes back at you in spades. Most here are pretty cool people and I apologize for overrating Baltimore. I do like their property prices though. Actual homes with gardens. Quite a novelty to me.
    https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRWNc_AZewu7AAERwCfLfupUZIJSbzqC MgjXFbc0u9YrZkuInoB

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Quote Originally Posted by Gandalf View Post
    Quote Originally Posted by Fatboxingfan View Post
    You cool calm and collected, not foam on the mouth, for once a calm person here, like me. I no fight with no one.
    Everyone has their shadow, but when one shows respect to another person you find it comes back at you in spades. Most here are pretty cool people and I apologize for overrating Baltimore. I do like their property prices though. Actual homes with gardens. Quite a novelty to me.
    Not need to apologise. I'm sure that are rich area in Baltimore, treeline and safe patches where rich are living.... maybe

    Check out on Columbus Ohio, is even more cheaper.

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    I never recommend anyone one get into bitcoin, so much risk. I got in years back so it doesn’t really bother me, I’m used to the volatility. I have to say it is very fun to watch, it can lose 4K in a matter of hours or gain10k in a few days. It is subject to manipulation by the whales who hold the majority of it.

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Five alternatives to Bitcoin
    Litecoin.
    Ripple.
    Primecoin.
    Namecoin.
    Dogecoin.

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Quote Originally Posted by Fatboxingfan View Post
    Five alternatives to Bitcoin
    Litecoin.
    Ripple.
    Primecoin.
    Namecoin.
    Dogecoin.
    Don’t forget etherium. I hold btc, eth, and ltc they are the big three.

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    I'd stay away from anything with the word Crypto in it.
    They live, We sleep

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    Default Re: 5 Reasons More People Aren’t Buying Bitcoin

    Quote Originally Posted by Fatboxingfan View Post
    You cool calm and collected, not foam on the mouth, for once a calm person here, like me. I no fight with no one.
    Love you Brock. In your OP, it’s in perfect English (apart from a couple of French words thrown in for effect!)
    And now you’ve turned into Tonto from the Lone Ranger!
    Keep up the good work Kemosabe!
    Former Undisputed 4 belt Prediction champion. Still P4P and People’s Champion.

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