I can't answer this, so much cryptocurrency keeps coming and maybe you have your own answer to that ICO ICO and ICO some are fraudulent and some benefit greatly
Topic: Top 5 Concerns About Bitcoin ? - page 8. (Read 19261 times)
My top concern of bitcoin is the price value, then the global adoption level,
Who controls the prices,
Government interference, and then what the future holds
Who controls the prices,
Government interference, and then what the future holds
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?
This could from regulation? Adoption? uses?
What would be your main concerns and thoughts about cryptocurrency?
Everybody is just expecting a huge price for Bitcoin because they really want to get a lot of money from it and doesn't expect any other rather than gaining a lot of profit from it.
I think that btc is unpredictable and you'll never know what will happen next. In most cases especially for the people who happen to be investing with btc for years or the early investors probably had been able to understand how btc works as compared to the new investors where they are easily affected with the big down trend of btc. People tend to panic selling which had contributed to the fast decline due to additional more supply of btc than to it's demand. My concern is the stability of btc in which the range in the decline is so abrupt where I find it difficult to recover immediately and will take a longer time to be back to it's normal state.
In this time of global warming, they are all a massive waste of electricity.
My biggest concern is that Bitcoin has encountered 5 bottlenecks：
1. Most people in the world are still skeptical about Bitcoin. They don’t think Bitcoin is a safe and reliable payment medium.
2. The basic technology of Bitcoin still has no breakthrough progress, the transaction speed is slow, and the high fee is still widespread.
3. Some merchants who are willing to accept bitcoin payments can only accept this way limited because of the instability of Bitcoin.
4. The law is very imperfect, there are many scams in crypto's business practices that exploit the loopholes in the law.
5. In addition to its limited use in the payment field, Bitcoin is difficult to penetrate into deeper commercial activities.
1. Most people in the world are still skeptical about Bitcoin. They don’t think Bitcoin is a safe and reliable payment medium.
2. The basic technology of Bitcoin still has no breakthrough progress, the transaction speed is slow, and the high fee is still widespread.
3. Some merchants who are willing to accept bitcoin payments can only accept this way limited because of the instability of Bitcoin.
4. The law is very imperfect, there are many scams in crypto's business practices that exploit the loopholes in the law.
5. In addition to its limited use in the payment field, Bitcoin is difficult to penetrate into deeper commercial activities.
People are profit oriented, and the number one issue faced by most is market volatility and drop in price. And when the market falls tbis leads to panic among holders. And also holders of alternative currencies.
Possible centralization is also a potential problem.
With all the FUD flying around there's no reason highlighting problems of bitcoin.
We should be thinking positive.
Possible centralization is also a potential problem.
With all the FUD flying around there's no reason highlighting problems of bitcoin.
We should be thinking positive.
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?
there is no need for anyone to worry about cryptocurrency and bitcoin, after this there is still a lot of hope towards a better future, indeed this is the saddest bitcoin history of the year before, but all must have passedSlow but sure
What would be your main concerns and thoughts about cryptocurrency?
All cryptocurrencies are unique, and I can group them into, bitcoin, altcoins and ICOs. These three groups face different problems, ranging, from adoption limitation, acceptance, fund raising, competition.
-Bitcoin is the top digital asset, but I feel it is limited by the obvious loop sided distribution, where very few hands hold a very large percentage of the entire supply. And the larger percentage becomes the minority.
This derails the decentralization of bitcoin.
I also fear a hijack of the currency by the inner core team or the government.
-Altcoins have the general problem of having to follow bitcoins pattern, this is good for both altcoins and ICOs in a bull market but not so during a bearish season. There's also stiff competition with developers coming up with same use cases and better ways to improve it.
-ICOs have lots of problems, limited funds, no publicity, regulations. And scam ICOs which have become prevalent.
-Bitcoin is the top digital asset, but I feel it is limited by the obvious loop sided distribution, where very few hands hold a very large percentage of the entire supply. And the larger percentage becomes the minority.
This derails the decentralization of bitcoin.
I also fear a hijack of the currency by the inner core team or the government.
-Altcoins have the general problem of having to follow bitcoins pattern, this is good for both altcoins and ICOs in a bull market but not so during a bearish season. There's also stiff competition with developers coming up with same use cases and better ways to improve it.
-ICOs have lots of problems, limited funds, no publicity, regulations. And scam ICOs which have become prevalent.
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 
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?
This could from regulation? Adoption? uses?
What would be your main concerns and thoughts about cryptocurrency?
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