Hacking your wallet can wipe out all of your efforts. It is so hard to earn bitcoin these days. Holding bitcoins is a long term investment.I might be in the minority, but I'm honestly not too concerned with hacks and scams. I feel like I am adequately protected with the resources at my disposal. I am also paranoid in nature so I'd like to think I'm slightly more resistant to scams in general.If that happens all of our labor and time spent working to earn bitcoin and altcoins will be put to waste, for me that would be the saddest day for all crypto users.
Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 15. (Read 7368 times)
My greatest fair as a bitcoin holder if the bitcoin system hacked and the holders account also hacked in this case my investment are totally banish and how can recover our investment and how can we do trading if the bicoin system hacked? I am not with the government because I knew and I believe our government will be legalized bitcoin soon. But the greatest fear for me is the attack of the hackers.
In my opinion, one of the greatest fears as a Bitcoin holder is when our country officially ban Bitcoins and imposed strict regulations about it.
That would entirely put crypto enthusiasts lives at stake. And this would only lead to the manipulation of banks and government to the people's money and investments.
Let it be there strict regulations but hopefully countries won't ban such great currency which have created lives more colorful.
That would entirely put crypto enthusiasts lives at stake. And this would only lead to the manipulation of banks and government to the people's money and investments.
Let it be there strict regulations but hopefully countries won't ban such great currency which have created lives more colorful.
Exactly the same was haunting me since I started to hold them and sort of cryptocurrency as well. The fear of banning did made me always be tensed, but recently our government welcomed and showed positive approach towards Blockchain, but strictly mentioned they will doing anything to stop illegitimate activities, so we will be introduced with strict policies soon, but atleast its not illegal. So got a kind of relief from my No. 1 fear. Another one is just basic, the fear of bubble burst, which usually nowadays everyone have it in there mind.
I did also have some terrible dreams that everytime I checked btc's price day by day, it just continues to plummet. It only happened when it dropped $9k. It's funny because when bitcoin is soaring in $20k, I'm worrying that I have only a short time to make money out of it but now it's the opposite.
In my opinion, one of the greatest fears as a Bitcoin holder is when our country officially ban Bitcoins and imposed strict regulations about it.
That would entirely put crypto enthusiasts lives at stake. And this would only lead to the manipulation of banks and government to the people's money and investments.
Let it be there strict regulations but hopefully countries won't ban such great currency which have created lives more colorful.
That would entirely put crypto enthusiasts lives at stake. And this would only lead to the manipulation of banks and government to the people's money and investments.
Let it be there strict regulations but hopefully countries won't ban such great currency which have created lives more colorful.
Exactly the same was haunting me since I started to hold them and sort of cryptocurrency as well. The fear of banning did made me always be tensed, but recently our government welcomed and showed positive approach towards Blockchain, but strictly mentioned they will doing anything to stop illegitimate activities, so we will be introduced with strict policies soon, but atleast its not illegal. So got a kind of relief from my No. 1 fear. Another one is just basic, the fear of bubble burst, which usually nowadays everyone have it in there mind.
In my opinion, one of the greatest fears as a Bitcoin holder is when our country officially ban Bitcoins and imposed strict regulations about it.
That would entirely put crypto enthusiasts lives at stake. And this would only lead to the manipulation of banks and government to the people's money and investments.
Let it be there strict regulations but hopefully countries won't ban such great currency which have created lives more colorful.
That would entirely put crypto enthusiasts lives at stake. And this would only lead to the manipulation of banks and government to the people's money and investments.
Let it be there strict regulations but hopefully countries won't ban such great currency which have created lives more colorful.
My biggest BTC holder related fear is to awake one morning and to find out that the value of Bitcoin has vanished. Zero. Nada. Nothing. That would be really unpleasant.
My greatest fear is that my country will ban bitcoins and ill lose a lot of money.. also scared about scammers and hackers but trying not to make myself a target.
hello guys, Actually i am not fear as a bitcoin holder because bitcoin is instrument of investment for me, i know about the risk losing because of investment in the bitcoin and cryptos currencies and i am ready to losing all of my money in the bitcoin. But as human i have feel worry the bitcoin in the future will be losing the values and there are no people who invest their money in bitcoin and i am worry if bitcoin be banned by my government, it will makes me come back to traditional investment to stocks markets and i don't like it because i can take full control of my investment...You have summarized all actually
Bitcoin bubble is also something very scary that I can think of, how if bitcoin is a long term scam coin? Just like any other scam shit token out there
What if satoshi has millions of bitcoins and dump it all in the market? Will it be the end of bitcoin? I dont know, just something I cant think of Grin...BTCBTC
Bitcoin bubble is also something very scary that I can think of, how if bitcoin is a long term scam coin? Just like any other scam shit token out there
What if satoshi has millions of bitcoins and dump it all in the market? Will it be the end of bitcoin? I dont know, just something I cant think of Grin...BTCBTC
Fear of holding bitcoin is when the government or the state itself bans bitcoin and makes punishment for people who use bitcoin in the country itself. If it is government or a state that forbid, forced the people must obey it all.
my biggest regret as a bitcoin holder is when prices go down and down, which is likely to decline or price correction that may make the dumping holders always decrease in price, I am not pessimistic about it.
yeah i also feel fear when price of bitcoin goes down but i think its a part of trading. but my greatest fear as a bitcoin holder is when it hacked by other people because if people get hacked my efforts will be wasted but I will not let my account get hack so I will surely secure my account that no people will know some information about my bitcoin account. I fear also that the bitcoin will be banned because if bitcoin get banned, I will lose a job or source of income.
As of now I am not a bitcoin holder because I just joined recently. But once I will be a bitcoin holder, my biggest fear would be losing money in investing in the wrong platform. My other fear that bitcoin might be banned and so that would be a big problem for bitcoin holders.
There are lots of things that we should be afraid of. World is full of dangerous people. But there are also circumstances that may take our breath away. I guess, my greatest fears as a bitcoin holder is that whatever I have now, whatever I worked hard for, may lose its value. My country may ban here, therefore, I can't use this anymore. Being scammed. No matter how long you use this, there are still people who will try and scam you. Also, when bitcoin will fall down and stop working and never find a way up again.
Life is full of risk, either these are in real life or in virtual world. For example if you have money at your home and other expensive things for your daily life and some one steel these things from your home. Same can be the case in online world. There always chances that some one will take your money from your online wallet, that can even happen in exchanges as we have some examples from previous time when exchanges hacked and people lost their money. We need to be cautious both in day life as well as online affairs.
my fear is if there is no internet, because if there is no internet then can not access bitcoin and whatever it is, and the loss of coin bitcoin and ethereum from wallet wallet is taken by hacker.
Undoubtedly there are endless threats that prevent a holder from enjoying the tranquility that implies a future of economic prosperity, because all the time the bitcoin seems to be suspended on a thread of uncertainty. In my case I have seen my investments plunge 50% due to the high volatility, I have suffered several hacks, bad exchange services and the threat of the government to freeze my investments, which does not allow me to live in peace.
My greatest fears as a bitcoin holder is when the government set an order to declare bitcoin as illegal activities then this matter will bring bitcoin trouble.
"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?
If everyone now holding bitcoin they afraid that what if bitcoin will not go higher the price and it became nothing. That my thought about others holding bitcoin now. 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?
my biggest regret as a bitcoin holder is when prices go down and down, which is likely to decline or price correction that may make the dumping holders always decrease in price, I am not pessimistic about it.
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.
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.
All of fears that you mention is same like the most fear is loss money.
I wil not explain more because people know why people not join in bitcoin and why many people still convinve their friwnd and family to not join here in bitcoin. All because the most fear is lossing money.
true , all fears that are being mentioned by bitcoin holders is the loss of money. the bottomline is , people are trying to risk their money inorder to get a profit from bitcoin. we are afarid to be hacked, scammed. we don't want to be the victim of internet fraud. we are afraid as well for the price to fall down. everythig that will end up losing our money or investment.
Greatest fear for as a bitcoin holder is when they hack my bitcoin account and when the bitcoin price go down in the market..
storing digital assets such as bitcoin and other cryptocurrencies certainly has a risk, but for me, the main risk to bitcoin is a scam exchange. therefore, we have to choose more exchange for deposit and invest
I am very much scared about my bitcoins being stolen by some hacker whiles i am sleeping, It is indeed the worst fears of most of the bitcoin holders. Jump to: