there are a lot of things for me to have fear...if my account will be hacked....if the price will be dropped....and if the government banned bitcoin because bitcoin is a big help in my family...i have been holding my rewards since the beggining of my campaign for my son's education( he is in his last year as a senior high school student and planning to pursue his college education) that is why i am so thankful bitcoin was introduced to me.
Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 12. (Read 7367 times)
I think all of us has the same fear as a bitcoin holder that is the bitcoin will end or will be non valuable thing because all of us will be affected because we invest not only money. But we invest time, effort and hope for all the dreams that we want to do. And one of fear that I have is when time comes that bitcoin will be ban to our country and there will be a law that prohibits all the bitcoiners to earn and use bitcoin. And in terms of security I am afraid of being hacked because in high technology nowadays nothing will imposible even you are very careful in securing your bitcoin account.
i agree. that is also my fear as i bitcoin hodler but i think its ok to take that risk because if theres no risk we cant posibly earn at all. you know risk does always plays a major role in our life not just in cryptocurrency yet im still hoping that bitcoin could last a little longer even of the last bitcoin will be mined because im only depending on it so far and all of my savings have been all put it bitcoin as a part of my investments.
My biggest fear is of hacking and security in general. Being in physical control my money is allot harder than I was expecting. To do it safely that is.
1 If the bitcoin becomes a bubble and burst. This will be linked to the flash crash but this time that looks impossible.
2 If the exchange site will be banned in the various country because of the exchange site as a centra key in the bitcoin or crypto.
3 Too many hackers, scammers in the crypto.
A lot of the things that makes me fear about the bitcoin itself. But the politic and regulatory seems to be a serious thing rather than other.
We are of the same opinion.But for me personally, the greatest fears are :2 If the exchange site will be banned in the various country because of the exchange site as a centra key in the bitcoin or crypto.
3 Too many hackers, scammers in the crypto.
A lot of the things that makes me fear about the bitcoin itself. But the politic and regulatory seems to be a serious thing rather than other.
1. There is no exhange sites anymore because have been banned and controlled strictly by the government.So bitcoin can not be cashed or converted to local currency.
2. Government regulation that officially banned totally the existence of bitcoin operating in the country.
We all as bitcoin lovers expect together that these dont't happen and let bitcoin grows based on market mechanisn. Probably government only issues regulation to monitor the negative sides / impacts of bitcoin .
Greatest fear?
-ban bitcoin in our country
-hackers and scammers, fraud
-low price of bitcoin
-fall bitcoin
-ban bitcoin in our country
-hackers and scammers, fraud
-low price of bitcoin
-fall bitcoin
I think all of us has the same fear as a bitcoin holder that is the bitcoin will end or will be non valuable thing because all of us will be affected because we invest not only money. But we invest time, effort and hope for all the dreams that we want to do. And one of fear that I have is when time comes that bitcoin will be ban to our country and there will be a law that prohibits all the bitcoiners to earn and use bitcoin. And in terms of security I am afraid of being hacked because in high technology nowadays nothing will imposible even you are very careful in securing your bitcoin account.
What I'm most scared of is the market bubble, which is the most exciting and the most scary when it falls sharply.
My greatest fear is waking up one day to realize that BTC is valueless,the time, cash and energy iv put into BTC is way too much to lose overnight. just not sure what my reactions would be in such an unlikely case scenario. but ill probably go into coma
My greatest fear is waking up one day to realize that BTC is valueless,the time, cash and energy iv put into BTC is way too much to lose overnight. just not sure what my reactions would be in such an unlikely case scenario. but ill probably go into coma
"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
theres a lot of thing I feared of,and most of them are mentioned by you,but my greatest fear is what if one day,along with all my funds on crypto is this community collapse and just crashed from nowhere and we will be remained thinking and figuring what had happened,this things always clinging in my ears for some reason.but im fighting it out and telling my self that this is not gonna happen coz i trust this crypto Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
Good app question!
I think my biggest fear is that bitcoin will not really change the world and help many people in need of a better financial system that gives the same opportunity to partecipate in the world economy!
I hope bitcoin will succeed even more than the Internet!
I think my biggest fear is that bitcoin will not really change the world and help many people in need of a better financial system that gives the same opportunity to partecipate in the world economy!
I hope bitcoin will succeed even more than the Internet!
the most fearsome thing that can happen to you as bitcoin holder is when any of your wallet or coin should get hacked or private key been stolen now thats the worse.but there are other minor thing that can happen to you as a bitcoin holder, like when ans ICO that has almost the longest week suddenly stops wit you participating in it.or you participate and don't and dont get stakes?thats not fear but anger...
The greatest fear of a bitcoin holder is when the Btc wallet will be hacked. Eventhough for now the security of btc is very secure still we should be wise enough.Think first the safetyness of your wallet. Other thing to be fear of is when the price of bitcoin will go down. That means many investor get their investment.
My greatest fears in bitcoin is when the time comes that bitcoin will be at lowest value. If this happen, we all of us will suffer from dumping in it. But for now that was impossible to come because as we see. Bitcoin is unstoppable from increasing its value
And my greatest and the most terrific fear is that Bitcoin does not grow. It does not show more volatility anymore and remains stable. In this situation, it is absolutely impossible to trade and get the profit.
To me, my biggest fear of owning a bitcoin is hacker tricks that they can infiltrate into any of your websites to steal your wallet. This is probably the worry of many bitcoin owners. The best way is to choose high security wallet and avoid revealing your wallet password
The main fear is that they will break the exchange and steal or freeze money! Therefore, the bit holder must take care that their bitcoins lie in a safe place!))
My fears about bitcoin is fraud, scams and speculation. I think the biggest fear right now is crash on prices and the result of it the investors of bitcoin going out the ecosystem by liquidationg their bitcoins to USD what we seen several years ago.
the most fearsome thing that can happen to you as bitcoin holder is when any of your wallet or coin should get hacked or private key been stolen now thats the worse.but there are other minor thing that can happen to you as a bitcoin holder, like when ans ICO that has almost the longest week suddenly stops wit you participating in it.or you participate and don't and dont get stakes?thats not fear but anger...
As a bitcoin holders my greatest fear it would be if the day comes that bitcoin will gone & die, As in no more bitcoin that is my greatest fear because as of now bitcoin give good life in our family because it gives us financial. I have biggest regret before that I didn't invest more in bitcoin when its price is too low, unlike now.
my biggest fear as bitcoin holders is, if bitcoin prices continue to fall and the government issued a statement to ban bitcoin
This will affect my investment because I already bought with high price. Also I fear that I lose access to my wallet despite I get the most needed steps of security.Unlike being scammed or hacked, you just need to accept it that your money is gone.
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