Topic: What are your biggest concerns regarding Cryptocurrencies? (Read 1204 times)

of course governmen taking over!!!! if government get involve with the crypto world there will be completely mess !!!

Governments taking over!  I have been having this fear because of the way things are going. If we look at the mode of regulations that governments are bring on the table we would find out that majority want to take over bitcoin and others cryptocurrency. The beauty of the cryptocurrency is becouse it is decentralized therefore if this is taking out of the place it means governments has taken over.

My biggest concern is projects with no real usage. I think that more than half of all coins, or even ~80% are doomed to die when they won't be able to find investors for further development or/and real partners to implement their technologies to mass market.

Looking at the news again, the bitfinex and tether incident has again caused a dip of BTC below 10k. If one of the bigger exchanges will be closed due to political regulations, we might see a huge dip of the whole cryptomarket again. Hopefully this will not happen in the near future.

i will also talk about unrealistic and overpromising projects. The fact that anyone can generate an idea doesn't mean all should be channelled to crypto. So in the end very few people get interest in that and then it becomes a waste coin.

Scamming is widely happen on the ICO investments buddy. So if we are good at checking the perfect ICO you will not be get scammed by anyone. Hacking is the worst thing happening in the bitcoin and other cryptos. Recently some trading site, nice hash server and indidual hack on the online wallets increased more.
Due to this people whoever wanna invest on the crpto currency will be fear about that. Hopefully encryption level may increase and it would avoid hackers to target the online wallets and trading sites.

My biggest concern regarding Cryptocurrencies would have to be these scammers and hackers because you really can't tell when they'll hit you as their target. And with the internet that's so open, even if you have the safest wallet there are still times they could hack your account information and get your money out of nowhere. Some are even taking advantage of the untraceable blockchain technology we have and steal from people which are one of its disadvantages.

My personal safety. I can deal with scammers and hackers most of the times as nothing is 100% sure.
But the possibility for someone to rob me by pointing a gun to my head is what concerning me the most.

One of my concerns in the world of cryptocurrency is about the wallet used in saving our earnings here in cryptocurrency. I thought of a more secure key on how to protect our wallet, now that innovations to technology has increased and one of their moves is through hacking system and have access to manipulate our records and maybe our finances.

The future of cryptocurrency is very bright in the future. Because many peoples are accepting this worldwide. These coins are nothing but like a public share of a company. But as the Private companies are involved with this only so there are no Govt. nod or regulations are here. But they are working great with their own created norms. So, don't fear about the cryptocurrency.

Good day! There's a lot of fake airdrops going around lately. Others even using legit ICOs and others just don't know it that they are sending donations to scammers. A keen eye would know the difference.

MY biggest concern is hackers and scammers.  It's too easy for new people in crypto to lose everything they have.  This is what is turning new users off in the world of crypto.  They are scared of losing everything in the blink of an eye.  We need to teach security to new users and help to report scam projects and ICOS.

Yeah, crypto is issue dependent,, for every country that bring negative issue about crypto, the market will fall..
I don't want that thing to happen in my life.. I don't want all my investment turn into dust because of government banning cryptocurrency

my biggest concern is that governments try to take over and that it is hard to foresee rate waves sometimes 

I think given a free run, we will solve most to all of the serious issues and have a great system in the end, tons better than anything else.
We have to watch the commy governments and the big banks, a democratic country should let this go, but we all know who pulls the strings in a democracy.

My gut tells me we're fine for awhile, why? top finance people think well a head, right now they either think this is an easy market full of noobs and won't amount to anything, in this case they will treat it like any other market and be happy of it's existence, the other option is they know it will succeed and in this case they probably want it to.
If you look at some of the massive companies who are adopting crypto, for example microsoft and talks of amazon, go check out their biggest investors and you'll see they are finance guys.. you'll also see how large their stakes are, they could seriously impact said companies.

Now if I owned a multi billion dollar company and my main share holders threatened to pull out of crypto, I probably would hold back on adopting it, yet all we see if when a company brings on blockchain it's shares go through the roof.

remember while crypto is decentralised, any entity can buy and control majority of it, crypto offers many benefits to current money from a banking stand point like complete history of every transaction and the where abouts of said currency, from a control point, if you hold majority it's a system which gives you more power than the current money system, if the whole world uses 1 reserve and you own majority of that, it's far more powerful than spreading your money in to multiple currencies.

I can see certain countries like China wanting to put a stop to this, but the big old USA would be all for it.

If it wasn't meant to be, it would probably be banned already, they have enough fuel between the drug dealings, shady exchanges and 0 regulation along with money laundering and the likes.

For me it is clearly the government. They control everything. If they start to put their hands in crypto, their won't be any "moons" anymore and a lot will be regulated. So far only a few countries have spoken out regulations and people could easily move into other countries to for example start their ICO (China to Singapore). I really hope that we stay where we are now.

My worries are the same , that the government will ban all cryptocurrency trades and that's the biggest problem the market value is definitely tough and will drop drastically until it's worthless, ,but my worries are definitely not coming because the people are everything to a country

My biggest concern is there are many countries that are banning cryptocurrency. What if cryptocurrency will be ban also here in our country. And what if this cryptos will lose their value.

My biggest concern for crypto is this market become a bubble and there are so many scam ico. We need to regulate the ico also there are so many ponzi scheme ico especially in my country. Ponzi makes crypto bad and the last concern is if exchanger manipulated the price like almost all korean exchanger. If we want to gain trust from whole world then we need to concern about it.

My biggest concerns about the cryptocurrency are everything should be comforted in order to be more secure platform because this can happen when governments come forward. Like South Korea government should come forward and support their development through this blockchain tech in the real-life environment.