Top 5 Concerns About Bitcoin ? - page 4.

amonymous

full member

Activity: 1177

Merit: 102

Quote from: worldtraveller321 on November 23, 2018, 10:27:17 PM

Just like to ask everyone out there. What are your top 5 Concerns regarding more less Cryptocurrency? not just Bitcoin in General. But more in the whole area of Cryptocurrency?

This could from regulation? Adoption? uses?

What would be your main concerns and thoughts about cryptocurrency?

Everyone expects a big profit from Bitcoin and they want Bitcoin value to be more than one-dimensional.in fact they are always want how to makes profits more and more.maybe this the real reputation to use bitcoin.

odeskpawan

newbie

Activity: 43

Merit: 0

The first and foremost concern would be the volatile and fluctuating market. The price of bitcoin is constantly changing, so there is no telling if you’ll get the ROI. Cybertheft is also a significant concern that the cyber world is facing. As it is technology-based, it leaves it open to cyber attacks. Also, there is no way you can retrieve your stolen or lost bitcoins. The owners are more vulnerable to online fraud as well.

Moreover, not all companies are using cryptocurrencies and recognize it as a legitimate exchange. The cryptocurrency is still a young technology and is constantly changing. So, no one knows how the crypto market will evolve.

steveabrahams

sr. member

Activity: 1050

Merit: 254

Price is the obvious one, then regulation and adoption. I think price is the most reason why people use bitcoin and it's a big concern there. Many new people learn and use bitcoin nowdays because of price back then on 2017 but when the price dropped till now, some people give up on bitcoin and move on.

maxreish

sr. member

Activity: 1358

Merit: 326

Total adoptation of bitcoin concerns me the most. People are not yet ready to fully accept such cryptocurrency like bitcoin. Also, the reputation of btc for some people aren't that good. There are news about it but it is hard for some to really understand how it works.

muhtesem

jr. member

Activity: 73

Merit: 1

I think there are too many concerns. but five can be: Bitcoin wallet hacked, or fear of this. sudden price drop, manipulate the Bitcoin price Laws and rules, regulations on Turkey. And the Problems with time and mining. And also, ICO scams

Carrelmae10

member

Activity: 588

Merit: 10

..as of now, my main concern is the safeties of newbies and those who are just starting in crypto..I am afraid that they will be deceive and be scam by somebody..we all know and are aware that scammers spread everywhere,,i am afraid that they will become one of their victims..second to that,,i want Bitcoin to become legal to most of the countries that threated bitcoin as illegal..third is the adoptation of all people with regards to the use of Bitcoin.

mapanlah

member

Activity: 228

Merit: 10

The concern that we usually feel is that the country we live in does not recognize bitcoin as a currency and our potential concern is that bitcoin can be categorized as illegal goods, our fear is that our digital assets are blocked by the state and we can lose our money and worry feel it. does the same thing happen in a different place ??

matthewio

jr. member

Activity: 164

Merit: 1

bitcoin is great

My concern is having a large pile of bitcoins in the hands of a few. There are wallets hold several hundred of thousands of bitcoins, imagine what will happen if bitcoins becomes a million dollar asset, we will have a new class of persons richer than nations.We such power in the hands of few, we will be back to the system we were trying to avoid in the first case- the banks owning everything. I fear wall street taking over bitcoins

Gaggy185

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Adoption Blockchain e-Commerce to World

Quote from: gesdan on November 30, 2018, 08:10:32 AM

i think bitcoin is a weakness at the customer support and the sensitive with the phishing website, so the user need to care about the phishing website and i think you should checking twice before sending the bitcoin

LOL, Bitcoin is the currency, not the service, so that customer support is superabundant. I think you should read the FAQ of Bitcoin carefully before making transactions with Bitcoin. And the bitcointalk forum is the ideal place to aks the problem about Bitcoin.

xvids

sr. member

Activity: 1176

Merit: 301

I think my concerns in Bitcoin would be the value ,
And the adoptation of people for it,
We have seen so many huge companies adopting cryptocurrency,
And I think it is a good thing but the problem is,
Most of the new comers are just here for the profit and thinks of crypto as an easy way to be rich.

Danslip

hero member

Activity: 2058

Merit: 538

Leading Crypto Sports Betting & Casino Platform

My biggest concern is the safety of coins in the online world. It is dangerous to hold private keys on the personal computer, one single mistake can destroy all my hard work and crypto. That's the reason I afforded 90$ to buy a new hardware wallet for the safety of funds.

serjent05

legendary

Activity: 3052

Merit: 1281

Get $2100 deposit bonuses & 60 FS

Right now most concern people are into with bitcoin is the price. It is a long term bearish season till now and along with bitcoin price other cryptocurrencies are also down. other than this is transaction time, uses and its volatility, its vulnerability to hackers is also one concern but it all depends on the holders and not on bitcoin itself.

Malamok101

full member

Activity: 868

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Proof-of-Stake Blockchain Network

At the moment All Crypto investors and Traders always concern with the price of bitcoin until now They keep boughting bitcoin even the price start decreasing at This days.

awawo

member

Activity: 406

Merit: 13

My main concern about the entire crypto space is what if we never get the Kevel of adoption needed to make it a global currency, and also what if the entire crypto get hacked some day and all our life investment get stolen. What if the government of all the countries in the world sees bitcoin as a threat and do everything possible to bring it down. This and many more are my worries.

Phantomberry

full member

Activity: 588

Merit: 103

Just everyone afraid to lose there bitcoins or stolen from the hackers but majority of it is they scared to involve bitcoin due to many of illegal activity such as payment method in deepweb or darknet they use bitcoin to buy drugs,weapons and others illegal things that bitcoin could do.

Onuohakk

member

Activity: 672

Merit: 29

Am not impatient with cryptocurrency in general and I honestly feel it can still develop but the current major concern I have with it right now is
*the high rate of scam
*price fluctuation

Syakbrown

jr. member

Activity: 354

Merit: 1

Most people in the world are still afraid of Bitcoin. They don't think Bitcoin is a safe and reliable payment medium, because they are not sure about this

No Pain No blood

member

Activity: 658

Merit: 13

Quote from: worldtraveller321 on November 23, 2018, 10:27:17 PM

Just like to ask everyone out there. What are your top 5 Concerns regarding more less Cryptocurrency? not just Bitcoin in General. But more in the whole area of Cryptocurrency?

This could from regulation? Adoption? uses?

What would be your main concerns and thoughts about cryptocurrency?

My biggest concern has happened last year, namely about the fall of the market and the decline in the level of investor confidence in cryptocurrency. and too much speculation and rumor made the crypto more feared.
Crypto should focus on mass adoption

Eugenar

sr. member

Activity: 1274

Merit: 278

Quote from: glenntalbot on November 24, 2018, 01:10:52 AM

The possibility of being hacked of course I do not know how hackers are doing it but I have read some news that they actually are doing Huh

I always see some news that some people get hacked by hackers and it stole all their funds and cryptocurrency. Even some exchange get hacked and I also do not how can do that things because all we know all exchange has strong security.

Malam90

full member

Activity: 1099

Merit: 116

Protecting hacking is my first priority and secondly, pulling this bearish market from the bottom line. Of course, maximum people want to see that Bitcoin price will increase huge as they want profits from it.

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