Post
Topic
Board Speculation
Re: How low will bitcoin be before 2013 ends
by
goose20
on 07/12/2013, 10:15:15 UTC
 


I disagree.

Just because people hear of it, doesn't mean they'll jump right in and buy into it.

I've been telling people about bit coin for the last 9 months - dozens and dozens of people - not a single person bought into it.

I think the majority if people are like this. And will be so for a long time yet.

About half of the people I've had repeated conversations with, and have done some research of their own, have gotten involved. And this is only in the last 3 months.  I'm not suggesting it's mainstream, far from it, but reasonable people will give it a look.



Yeah that was my expectation also. Amongst others, the people I spoke to were lawyers, accountants and business owners. But most people are risk averse, they look at the possible downside before considering the upside. And when they hear it was 1c or $1 or $10 and so on, they immediately fear it will go back to those levels and see it as just a speculative instrument. So trying to get them to understand bitcoins huge potential to change how the world operates....well no luck for me in that regard..yet.

I believe in btc and hope btc succeeds. I just wish the speculators didn't get onboard so quick.