Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 24. (Read 7368 times)
My greatest fear about holding bitcoin is if the price wont rise again,bitcoin dies and lastly getting hacked.
The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
My greatest fear as bitcoin holder is that when bitcoin is no longer as valuable as it is,and can no longer convert it into fiat.
Maybe when I wake up one day and bitcoin has no value at all. We hold because we believe in its potential to grow and have high value. If that day comes, then all the holding we did will be all in vain.
as a bitcoin holder, of course I'm afraid of scammers specially in payday, but technically bitcoin wallets are decentralized and its imposible for them to hack it, private keys are made for security, and only the owner know it, i mean have it, because private keys are hard to memorize, so you really need to copy and paste it in a safe note or any where you safely paste it
I think my biggest fear would be if bitcoin will be gone forever without any warning but other than that, I don’t think I have any other fear as a bitcoin holder though.
"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?
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 as a bitcoin holder is that when the price of bitcoin will be goes down and not going to rise again because how can I earn more money if the price of it are low. When I will not able to cash out my bitcoin is also my greatest fear because I can get nothing on my work.
Well for me, and i guess for all bitcoiner, the greatest fear that us the bitcoin holder have is if we lost the bitcoin. Whether if we lose the value of bitcoin, or we lose the amount of the bitcoin because of some phising or hacking activity by some people.
Decreasing in value is not an absolute fear in my opinion, because if it can rise again, then it doesnt matter. But if it crash ( no people use it, banned everywhere, no vendor accept it), then we should be worried very much.
That is a real fear but at the same time, things are not so simple bitcoin is not going to disappear overnight, so if something were to happen to bitcoin you will know and since we are in the most popular bitcoin forum then chances are we are going to be one of the first people to find out about such a thing, however the chances that happens are slim at best.Decreasing in value is not an absolute fear in my opinion, because if it can rise again, then it doesnt matter. But if it crash ( no people use it, banned everywhere, no vendor accept it), then we should be worried very much.
The greatest fear of all bitcoiners when there money will disappear one day,because many scammers and hackers in the surroundings that's why all bitcoiners need to be careful because if hackers will attack that is a very big impact in bitcoin,and the worst fear also if the government will ban bitcoin in the country and bitcoin will have no value in the market and if they will cut internet connection so that they cannot use bitcoin,but it will not happen because bitcoin has a high demand and popularity in the market and bitcoin price continue it's increase and government cannot control bitcoin because it is decentralized with blockchain technology.
If government ban on anything related to the trading of Cryptocurrencies that is my fear as a bitcoin holder. As cryptos are not a legal tender, many governments have an aversion of it.
My greatest fear as a bitcoin holder is that I will not able to cash out my bitcoins. Its hard if you already have your money in an online wallet but you cannot use it in your daily living. It is worst than being scammed or hacked because all you can do is stare at your money. Unlike being scammed or hacked, you just need to accept it that your money is gone. But I know that it will not happen, that is now my greatest fear but I fear also being scammed or hacked because now a days anyone can steal your data in a matter of seconds so be careful.
Too many hackers, scammers in the crypto is my greatest fear,
My greatest fear as a Bitcoin holder is if Bitcoin for some reasons lose its value or that its price drop down badly. 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.
My first fear is about hacking / hacking from hackers
the second is about bitcoin prices, currently the bitcoin rises out of control and I'm worried if the price suddenly plummeted and back to 0, and that would be a nightmare for all bitcoin holders, I hope it never happened
the second is about bitcoin prices, currently the bitcoin rises out of control and I'm worried if the price suddenly plummeted and back to 0, and that would be a nightmare for all bitcoin holders, I hope it never happened
"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 greatest fear are first, if I forgot the password of my account. It is sounds funny but it usually happen to me. And the secone one is if bitcoin goes down although it is normal, if I need a money and it falls down, it is not a good thing. 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?
For me it's human error. I try reading up as much as I can but the transactions of huge amounts of money by pasting a wallet address scares me.
I believe that the main risks of bitcoins are security, now there are a lot of phishing sites on the blockbuster and other purses where the coin is stored, it is better to store most of the coins on cold wallets. 
The greatest fears are to lose everything in a single night and when you wake up in the morning to see that the price of btc has become zero and no one can cash out 
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.
I agree with that you mention.
I also fear that when bitcoin rate become lower and getting stock for a period of time that would be scariest.
As a bitcoin holder we are scared about hackers that can steal our hard earned money, time and effort.
exactly, a lot of things makes us fear about bitcoin but i know it will now be popular until without if they have low security.
My greatest fear in to log in to my account and can not find my coins. My account be hacked and coins stolen
bankruptcies but depending to you own how you holding it
Well for me, and i guess for all bitcoiner, the greatest fear that us the bitcoin holder have is if we lost the bitcoin. Whether if we lose the value of bitcoin, or we lose the amount of the bitcoin because of some phising or hacking activity by some people.
Decreasing in value is not an absolute fear in my opinion, because if it can rise again, then it doesnt matter. But if it crash ( no people use it, banned everywhere, no vendor accept it), then we should be worried very much.
That is a real fear but at the same time, things are not so simple bitcoin is not going to disappear overnight, so if something were to happen to bitcoin you will know and since we are in the most popular bitcoin forum then chances are we are going to be one of the first people to find out about such a thing, however the chances that happens are slim at best. Decreasing in value is not an absolute fear in my opinion, because if it can rise again, then it doesnt matter. But if it crash ( no people use it, banned everywhere, no vendor accept it), then we should be worried very much.
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