Why aren't more people buying bitcoins? - page 5.

Piper67

legendary

Activity: 1106

Merit: 1001

Quote

My question is why are all the trolls coming in saying sell sell sell! instead of buy buy buy!!! we have the wrong kind of trolls.

I consider myself a noobie, but after the second "THE END IS HERE" Or "SELL SELL SELL!" thread its so obvious they are trolling. That got me thinking why havent we had any "buy!" trolls ?

Heh, in a weird way, it's a vote of confidence in Bitcoin. The trolls yell SELL SELL SELL, because they want more BTC. If they wanted more dollars, they'd be yelling BUY BUY BUY.

Piper67

legendary

Activity: 1106

Merit: 1001

Actually, people aren't buying bitcoins because they're not particularly easy to buy. If you're a regular Joe who just heard about Bitcoin and thinks it's an idea with some merit, think of what you have to do in order to just get your hands on 100 BTC.

That's one of the reasons I am so keen on the idea of a Bitcoin ATM. Now, if someone could just come up with one... Wink

N12

donator

Activity: 1610

Merit: 1010

Because the price is going down.

Herodes

hero member

Activity: 868

Merit: 1000

Well, there's been many failures related to bitcoin over the last months.

- mtGox hacking
- MyBitCoin scandal
- Bitomat.pl failure (although mtGox generously bought them and reinstated the lost funds)
- Bruce Wagner revealed as a conman (now, recently).

This coupled with lack of major press (?), and a bit of a hard time to get started with bitcoins,
the forum turning into a trollplace, it's not that easy for a newbe to get into bitcoins. And now,
with a declining price, it may not look like the best investment to be buying at the moment.

Who knows where we would have been if everything went smooth, and there was no failures?

airdata

hero member

Activity: 1148

Merit: 501

When I got into bitcoin prices were where they are now, and difficulty level was 1,500,000 less than it is now. So at that time, mining made sense.

Right now, mining and investing in mining hardware really doesnt make much sense. Buying bitcoins right now is a much better investment, IMO.

Topic: Why aren't more people buying bitcoins? - page 5. (Read 6709 times)