Did it ever dawn on anyone that not all ppl trading in BTC are nerds? Since April 2013 a lot of ppl started to buy BTC, and most ppl are not as familiar with forums and such.. I have friends that think MtGox is the only place to trade. It could be they live in a bubble.. The news talk about MtGox as the BTC site, and since loads of greedy ppl wanted to get rich quick, they all went trading over at MtGox. The easy to understand, the pro look of the site, it all ticks the boxes with the average Joe. The FUD here is never read, only news. The watch MtGox own charts, not even knowing there is any other site.. This could be why the trades keep going like they do. PPL believing in the Gox propaganda or goxaganda as I would call it. I have mixed feelings about Gox, never had any problems, but I do see their lack of information and just plain stupidity hurts BTC. You guys have to remember that even if we are in 2014, shit loads of ppl still are computer illiterate... They have to get help to even check their online bank........ BTC-e is going to look like hell for them.. same with other l33t sites ( in their eyes.. not mine
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I am probably wrong, but it might be worth taking in as a variable in the big picture..
