Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
It is not accepted in all country, some of the country is declared it as illegal. It is the main factor.
It has no government support is the next factor.
And also there is a chance for sudden declining in the price level of bitcoin is the another factor.
These all are the factors which scare others from investing into bitcoin.