Anyone else notice the amount of bitcoin news items is still high?

DigitalHermit

full member

Activity: 150

Merit: 100

Thank you! Thank you! ...

Quote from: the_sunship on January 06, 2014, 11:35:40 PM

This is where the finance world can really cash in on this idea. Make it easy for Joe on the street to invest a little without worrying about encryption, paper wallets, 2FA, QR codes, etc.

And cash in they will, and they definitely won't be encouraging people to invest in bitcoins directly...
http://www.youtube.com/watch?v=wcL-fFEeXWo

Relevant section:
http://www.youtube.com/watch?v=wcL-fFEeXWo#t=31m20s
"What that means is you shouldn't bet the farm on Bitcoin because you don't need to!"

In subsequent videos I believe they propose selling you materials that will teach you "How to Trade Bitcoin!". Who makes more profit in that scenario? ;-)

keithers

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This is the land of wolves now & you're not a wolf

I agree, but I feel like governments are taking a sneaky approach and trying to smear bitcoin with a bunch of negative economic articles (in the United States at least). This seems like an attempt to prevent new potential investors from entering the market by scaring people into thinking they are going to lose all their invested money.

Dafar

legendary

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Merit: 1000

dafar consulting

People are taking interest because of how fast the value of bitcoin increased.

You have those who are interested in getting rich and those who feel like they missed out. Some of them in between or more from the latter write their analysis about why bitcoin is unsustainable without doing much research. Most journalists still have a hard time understanding what bitcoin is capable of

the_sunship

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i'm not sure many people know enough about them, and certainly people don't really get how to buy them.

Just today on an article in yahoo someone asked "how do you get one of these bitcoins?". The explanations were far from clear by the techies who answered. Some said Mining (really? at this point?). Someone directed him to faucets, and some were telling the guy to Mt. Gox.

This is where the finance world can really cash in on this idea. Make it easy for Joe on the street to invest a little without worrying about encryption, paper wallets, 2FA, QR codes, etc.

Jesus, many people still don't really understand how to do Bcc on their emails.

notig

sr. member

Activity: 294

Merit: 250

It seems all over the world there are news articles appearing in each country. The price went from 13-266 earlier in the year and after all that news coverage it spiked to our current levels later. Now I think the recent news of bitcoin has reached many more people.... orders of magnitude more than before. I wonder if that will impact the price.

Topic: Anyone else notice the amount of bitcoin news items is still high? (Read 586 times)