Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 20. (Read 7368 times)
I'm afraid that our government starts banning bitcoin in our country. I'm a newbie and still want to learn more about cryptos. I am also afraid about the hackers that might possibly hack our wallets.
"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?
the onlu thing that scares me the most is the fact that when I wake up the next day or I just browsed some other tabs while checking my wallet and then everything gets stolen. ALL the hardwork the struggle the fear and everything gone in an i stantbecause a hacker who have chosen you in this very moment to lick off your wallet and give you something to remember and mope about 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?
"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?
As a bitcoin holder, my number one fear is to get my account hacked and all of my hard earned bitcoin will be lost. Plus the factor that government discover about my accounts and question me where i get those amount of money. 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?
I guess losing its value but I doubt that will happen. It is one of those fears like getting struck by lightning is also a fear I have. Probably won't happen but still. Just a dip right now nothing bitcoin can't handle.
No fear. If you invested an amount you can afford to lose then you'll be fine whatsoever. You need to be disciplined, settle for a stop loss in case, and stick to it whatever happens.
Those who sold their house to buy bitcoin are not reasonable, of course I'll fear the situation if I was them but that's not something I would do myself.
Those who sold their house to buy bitcoin are not reasonable, of course I'll fear the situation if I was them but that's not something I would do myself.
I think most of us feared Bitcoin and other cryptocurrencies price crashing down just like what happened the last 2 - 3 days athough now it's price starting to normalized from a low of 10k +$ yesterdays and closing at 11k +$,a big sigh of relief for most of cryptos coin holders.Bitcoin collapsing is probably our worst fear although a remote possibilty but could not be discounted,with all the negative news and development happening in China, South Korea and some other countries we should really be concerned and worried.
I think we all fear hackers.
I spread the risk over many exchanges, wallets, alt coins etc.
I also use clean computers, not just one.
I spread the risk over many exchanges, wallets, alt coins etc.
I also use clean computers, not just one.
I would we be worried most of government regulations and people losing faith in BTC as the top coin. This is happening already with governments and there is so much bad news related to BTC fees and transaction time
My fear as a bitcoin holder is when the price will fall to zero. And also if my wallet is hacked somebody. That's what I'm always worried about.
Bitcoin crash is one the the major fears of everyone in bitcoin industry, no one knows when will bitcoin collapse and lose its value. Another thing is by hacking its system and even wallets, these things are the ones people never want to happen because when one of this situation happens then that will be the start of bitcoin downfall and many people will be affected by that. So lets enjoy what is bitcoin doing right now and don't be too greedy so that the success will be next to you.
1. drop the current exchange rate difference to more than 10 times.
2. Ban bitcoin in the whole world.
3. The increase in fees for the transaction.
4. losing your key
2. Ban bitcoin in the whole world.
3. The increase in fees for the transaction.
4. losing your key
For me, the biggest fear in holding bitcoin is if my bitcoin is hacked. Now hackers have sprung up and taken action in every way, not a difficult thing for hackers to take our bitcoin account.
"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?
i think the greatest fear as a bitcoiner is the plenty of hacker that will enter the bitcoin world which many investors and users are affected and may damage their business. Also the countries which banning the bitcoin that reduces the users which result the decreasing number or the value of bitcoin. I am afraid also in banning it in our country, Bitcoin has a big part in my life which really help me in many ways if it was lost then I don't know how to start a new life. 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 greatest fear is that bitcoin will go down or the value of it decrease instantly and shutting down. But i think shutting down is impossible because there were many bitcoin supporters. So many would try bitcoin it will be viral all over the globe
I don't think so that bitcoin will collapse though. The fact that there are many big investors that are coming in and investing to bitcoins are good signs that bitcoin will go even farther from its current market price value.
I as a holder of Bitcoin and Altcoin certainly feel threatened by the existence of a lot of wallet hacking. Because my friend had experienced it, part of Altcoin that he had stolen from his wallet. And now I became anxious every time accessing my wallet. And I think to use nano ledger.
There should be no need to have fear that may be someday Bitcoin will become worthless, because Bitcoin price now is so overwhelming and too high. The only fear one should have is hackers. So one should be careful during transactions because hackers don't care they can take all your assets.
I lost my fears in 2017 and is very hopeful of a successful bitcoin future, nothing really scares me about bitcoin now because no matter how it tumbles in value it always rises back to beat its previous benchmark as recent history has demonstrated.
I will have two fears if I were a bitcoin holder. First is if bitcoin is really a bubble. Your investment will be turn into dust if bitcoin is a bubble and second is if bitcoin will be banned in our country.
bitcoin is digital money, the price of bitcoin is always changing. Those who invest in bitcoin are always afraid that it's price will fall sharply. Not so, bitcoin is stored on the internet, so investors are also afraid of hackers stealing their bitcoin.
As a hodler, I fear nothing about bitcoin's price even if it drop so deep. What i am fearing of is when bitcoin will be banned in all countries around the world and giving people a reason not to invest on it anymore.
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