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Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 21. (Read 7368 times)

member
Activity: 451
Merit: 15
Investor
There are many things i hate about bitcoin such as a hacking and scams, it can easily grabs the attention of the computer hackers specially it contain codes so they can get into it.What i fear about it is when the time comes that it will be worthless anymore.
full member
Activity: 560
Merit: 112
One of the greatest fears is when Bitcoin starts losing it's value and crashes hard (I don't really believe that this will happen, because I trust in the Blockchain technology).
The other fear is the fear of being hacked and lose all the precious Bitcoins that you're holding. (Here is where Hardware wallets come to the fore).
full member
Activity: 168
Merit: 100
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 also think so but I can understand the people who worries about it. Because I cannot help myself sometimes too. Probably all of us have the same fear eventually, like one day you wake up and see that market is crashed. this fear is not specific to cryptos, stock traders also has the same.
full member
Activity: 266
Merit: 101
The Experience Layer of the Decentralized Internet
Bitcoins getting vanished from bitcoin wallet is the biggest fear every bitcoin holder has. Sometimes lack of security measures by bitcoin wallet users leads to losing bitcoins from his wallet. Hackers are always searching such loopholes. Ban on bitcoin by many countries may destroy bitcoin currency forever, is the second worst fear of bitcoin investor. Bitcoin is popular as asset or investment, but as a currency its progress is restricted. In case merchants refuse to accept bitcoin currency, or buyers refuse to accept bitcoins.

Definitely yes, wallet hack is the most terrifying thing I could imagine. Imagine all your hardwork poof, just like that. That is why recently I purchase a Ledger Nano, a few hundred bucks for a security of thousands or ten of thousands even millions of dollars is nothing.

Other than that, many people says crypto is too big to fail, but still I worry, many of us do Grin
sr. member
Activity: 756
Merit: 294
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.
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
As a bitcoin holder, I am most afraid of hearing regulatory information about countries, since regulation is a huge blow to bitcoin.
member
Activity: 190
Merit: 11
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
sr. member
Activity: 574
Merit: 251
Bitcoins getting vanished from bitcoin wallet is the biggest fear every bitcoin holder has. Sometimes lack of security measures by bitcoin wallet users leads to losing bitcoins from his wallet. Hackers are always searching such loopholes. Ban on bitcoin by many countries may destroy bitcoin currency forever, is the second worst fear of bitcoin investor. Bitcoin is popular as asset or investment, but as a currency its progress is restricted. In case merchants refuse to accept bitcoin currency, or buyers refuse to accept bitcoins.
sr. member
Activity: 532
Merit: 257
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
I hold only millions of satoshi but for an average life I have those already a big value of fiat money which I treat as my savings and an investment as well. I don't consider myself a big hodler but a worker that depend my future ease of living to bitcoin so a big dump of bitcoin is what I fear because it would also mean a big loss in my part and loss part of my savings.
newbie
Activity: 84
Merit: 0
For me, as a bitcoiner, hacking of bitcoin will be my greatest fear. Hackers may hack some accounts but I believed that there is an high security for bitcoin so that hackers will be unable to hack bitcoin
full member
Activity: 224
Merit: 121
My biggest fear as a bitcoin holder is when the price goes down or crashed ,I cannot control my emotions to depressed when it goes down.And I also have a fear to hackers and scammers who wants to get my money from wallet without even knowing.But I am hoping that it will never happen I know that bitcoin has a security to those hackers.
newbie
Activity: 84
Merit: 0
My greatest fear that I encountered since I started to hold bitcoin is the low rate or the negative fluctuation of bitcoin value because in this past months of 2017 I encountered the shocking dropped of its value, when China banned bitcoin in there country I taught in that time that I will loss my money because of that event, but later on bitcoin stay again to fluctuate normally, and it give me hope again to hold my bitcoin longer until it reach my satisfaction price which is 30,000 USD. Bitcoin is one of the most stronger in this time and I think many banks will try to destroy it, there are many scenario that it might happen on bitcoin and I'm very excited to find it out.
hero member
Activity: 2002
Merit: 516
The biggest fear for me is probably the loss of value and people's confidence in bitcoins. Then will need to do everything from the beginning and it takes a very long time. Recovering people's trust is very difficult.
newbie
Activity: 38
Merit: 0
My greatest fear is for bitcoin to dump lower that 5000$ or worst case scenario lose value I've been working for bitcoin quite a long time already and all profits and earning I get are stored in my btc wallet. My husband knows about my investment and somteimes telling me to withdraw those funds because it might dump hard everytime but I always insist that bitcoin will pump more as time goes. I guessed he will bother me everytime doing wrong decision if I lose so much due to btc where my money stored.
member
Activity: 168
Merit: 11
Greatest fears about holding bitcoin are getting hacked. I don't really worry that much about this because I know how to make my wallet secure but you are still going to live by the fact that you might still be hacked at some point for some reasons. You are never safe.
member
Activity: 239
Merit: 15
Price Dips to hell and not recovered
Wallet Hacks, wallet destroyed
Transaction confirmation waiting forever
Bitcoin banned in my locations, government bans
Users abandonment

these are the main fears that I have in mind.
jr. member
Activity: 173
Merit: 1
the only one that scares me about bitcoin is
that's a ban from the government, I'm afraid that the bitcoin will be banned from my country, how much more do I have to make money, if my hacker problem does not think about it at all, we just need to save the private key correctly and do not click a link that does not clear source
member
Activity: 434
Merit: 10
My biggest fear is losing my private key..
My greatest fear as a bitcoin holder is that, If my private key will be hacked and stolen and leave behind my wallet empty.
And also if bitcoin will crashed and all its data will be corrupted. But I am confident that it will never gonna happen.
newbie
Activity: 14
Merit: 0
me don't have many fears in bitcoin for i belive in this coin very much. government can't ban bitcoin because too many money already spent in bitcoin and in crypto market.
newbie
Activity: 7
Merit: 0
Crypto crushing is the biggest fear
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