5 Reasons More People Aren’t Buying Bitcoin

[Fatboxingfan]

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.

[walrus]

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

[Fatboxingfan]

r u in it for those hot babe?

[walrus]

No just Ferrari’s they are cheaper

[Gandalf]

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.

[Fatboxingfan]

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