Post
Topic
Board Bitcoin Discussion
Re: My mother is 70 ...
by
ladydark
on 01/11/2017, 05:53:04 UTC
We talked about bitcoin today on the phone.  She asked me if she gave me 30 dollars if I could invest it for her.  I explained the volility of the coin that we could go from 100 to zero just like that.  She still wants to put in 30.

That tells me while we may not be mainstream yet, we are getting there.
Most people today are just like your mom.They don't know about bitcoin and they don't even want to know about bitcoin.Just they need to invest their money in bitcoin thinking that overnight success would be possible and bitcoin is a quick rich scheme.It has been already eight years gone for bitcoin to reach this stage.

People having this attitude would in no way contribute for the progress of bitcoin.They would invest quickly,get panic quickly and would sell their bitcoins quickly making bitcoin price more unstable.