The swings in price are exciting, but they are not for the faint of heart. Until the price can stabilize I don't see a large portion of the population getting involved. I have heard this from people I have encouraged, they are just not interested in seeing an investment lose 40% over a couple of days even if it comes back and goes up the same amount. The most common investor likes stability or perceived stability.
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It might scare some off but also its a pretty awesome return when you think about it bitcoin is still up some 300% + this year so far. That would take you about 70 years in the stock market if you where lucky
Only for those who cant take risk. and I dont see any risk in investing in bitcoin. I wish i had invested in bitcoin last year June. If you are thinking where to keep your retirement fund crypto currency is the right place.
Yeah, the risk obviously doesn't bother me either, I would like to add, that if this theory of mine about risk tolerance is true, then all this talk of a bubble is definitely wrong, bubbles will take everyone in, not just those inclined to endure risk.
I just wonder how many times free money can be printed out of thin air before people finally start to see Bitcoin as a big joke?
I mean, it is kind of silly... isn't it?