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Topic: So, everyone knows about Bitcoin now... why isn't the price going up? - page 4. (Read 4960 times)

legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
It is nearly impossible to buy.
Mining is really the only way.   I wanted to buy 50k worth, you cannot.   The exchanges act like they are brokers also and none seem worthy of any trust whatsoever.   Most do not accept wire transfers (WTF???) and many suggest you go buy a money order?Huh?   What kind of legitimate business does that?
Basically, I would rather send $50k to that Nigerian General's wife that keeps emailing me.
legendary
Activity: 1078
Merit: 1003
5) Talking heads spreading FUD
legendary
Activity: 1400
Merit: 1005
It was fully my expectation that when "mainstream" news got out about Bitcoin that we'd see a lot more people buying in.  I see more and more people and companies wanting to use it, so why aren't we seeing a price increase?

I figure it's due to one of four reasons:
1) Lag time between hearing about it and actually buying some.
2) Difficulty in buying Bitcoins.
3) It was previously overvalued.
4) Many people have heard of it for the first time, and do not yet believe in it; they are waiting to "see what happens" before they dive in to the world of Bitcoin.

Thoughts?
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