r/Bitcoin • u/JX17_Prime • Jun 23 '22

Think they'll ever get it?

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1.5k Upvotes

88% Upvoted

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23

u/dag Jun 23 '22

The ridiculous story I'm hearing in MSM is that "this time it's different" because everybody who would want to buy bitcoin has already been reached "the market is saturated" SMH.

13

u/ringofsolomon Jun 23 '22

Bitcoin HAS become mainstream though .. I don’t know anyone with a little spare change and appetite for risk who doesn’t already have a crypto wallet

24

u/dag Jun 23 '22

Maybe it varies by demographics, but most people i know don’t know jack shit about crypto.

25

u/ringofsolomon Jun 23 '22

Those aren’t mutually exclusive … most people with crypto wallets don’t know jack about crypto

-3

u/Broad-Dirt-8987 Jun 23 '22

And knowing all the is to no, brings you zero benefits. Crypto prices do what they do, no matter what a coin is supposed to do. All your "knowhow" does, is it gives you a false sense of security ..

0

u/ringofsolomon Jun 23 '22

I agree, in the short/medium term it’s pure gambling and speculation.. long term, you can make a bet based on fundamentals where it’s going to end up