Why did the dreamcast fail?

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Tispower said:

Jonbob0008 said:
I'd like to point out a factor that hasn't been pointed out. Another reason the Dreamcast failed was because the library of games for both the Playstation and N64 were so strong. People playing on these systems were still having a great time despite the outdated hardware. They were perfectly willing to wait for either the PS2 and Gamecube (less so) to come out before investing in a new system.

Yeah, suprised no one metioned this before, especially as many people have basically said "why did it die with so many good games", but that doesn't mean there were equally good games on the other consoles. Plus, I'm sure the EA support for other consoles helped, because they do make some good games =P

Although that is true and have had effect, but i think no one mentioned that because Saturn and PSX were that time old enough fo generation change. Dreamcast sold well at the start, but then stopped selling. Besides, by that logic, no one would ever buy switch to next generation. Who would be so stupid to buy Wii, 360 or PS3, since PS2, Xbox and Gamecube has so big library of good games.