Me as a bitcoin holder, one of the greatest fear that I am worrying about is the threat of hacking. Since we were technologically advanced and all things deals with technology;
we are aware that our accounts can be hack and get all of our moneys which we invested for long time.
Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 25. (Read 7368 times)
That someday transaction fees will be more than my balance
The non-acceptance of this revolution called cryptocurrency by governments who have lost out in joining early can be a major hindrance to the use of it by a holder. Another great risk is loss of integrity or a compromised state of the sites holding the coins for the owners. and lastly another challenge is the devaluation of bitcoins in the event of a war or inability to cash out during a major crisis because of a huge transaction or the inability to be able to use he internet.
"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?
Me personally i fear that any moment our government can banned the bitcoin here in our country and if that happens all of my holdings will remains as holdings and i can never convert them into cash. Because here in our country a lot of bitcoins scammers that are spreading across the country and that is kinda alarming because a lot of people are saying that bitcoins are just a scam which they are not. And so as a results the government noticed that and warning all the people to avoid inveating in this kind of thing which is not.
The biggest risk would be fast advancement of technology. If someone invents a new digital currency based on something better than cryptography, bitcoin will be replaced and it won't be missed.
I may not be a bitcoin holder but I do fear that the bitcoin I would hold may get the value reached the value lower than the time I hold it. Well, that is all goes, in addition they may fear of it getting hacked by an unknown people because of too much exposure to a wallet and not being used or circulated, probably because of holding they may lack in monitoring it so that it can be hacked in a unexpected times. Well, this is only a few things I fear but as not as a bitcoin holder but putting my self on their shoe. Probably there are lot of thing they fear more than my perceptions.
My greatest fear as a bitcoin holder is that it will disappear. There are a lot of reasons for bitcoin to disappear, but what I fear most is that it will be banned in our country. Even it is accepted here in our country still some of the people here are against with this and I think they are doing their best to turn down bitcoin. With this they might hire or connived with hackers to totally destroy bitcoin. We all know that bitcoin is in the web and if hackers will attack this, surely it will bring a big impact with the process of bitcoin.
Greatest fears is exchange my bitcoin into cash when i need it with out paying for that.
if you have 100 bitcoin and price up to 50,000$ you need to wait long time to get your cash
if you have 100 bitcoin and price up to 50,000$ you need to wait long time to get your cash
"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 biggest fear is that when bitcoin falls to the lowest price and then vanishes, my money will certainly disappear along with bitcoin.
"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 biggest fear is that when bitcoin falls to the lowest price and then vanishes, my money will certainly disappear along with bitcoin.
1. Statements against bitcoin from big influential politician and investor in a time intervals which reduce the confidence on bitcoin.
2. No one sure it is a bubble or not.
3. Still some countries in process, they should ban crypto currency trading or not.
4. Complex process to get bitcoin like high mining and exchange commissions.
2. No one sure it is a bubble or not.
3. Still some countries in process, they should ban crypto currency trading or not.
4. Complex process to get bitcoin like high mining and exchange commissions.
I think one of their fear is their account had been hack by someone and all their bitcoin was transfer to another account and had been cash out. In addition, large whales can greatly affect the course.
It could be more than fear already and is now frustrations if all of the hacking of their coins have already been consummated by these hackers. I think the fear could only be happening for future bad events which could happen.
I think one of their fear is their account had been hack by someone and all their bitcoin was transfer to another account and had been cash out. In addition, large whales can greatly affect the course.
My greatest fear would be if I won't be able to access my wallet. We actually have an app here in our country where we use it to access our wallet. Its kinds risky because we might not able to access it anytime if the developer of this app will decide to steal our bitcoin. Hoping it wont happen anytime soon.
My greatest fear as a bitcoin holder is when im having a vacation, and the place wasn't have a signal,.to internet.
My greatest fear about bitcoin is when the time comes that the internwt will shutdown and the bitcoin will not use and open the account.
This is not a fear now because bitcoin has invested a lot of wallets and online offline wallets and giving each seconds information and it is not easy for them to scam. For me I am not having any kind of fear related to bitcoin because I know bitcoin is doing everything for betterment of people and it is not very hard for us to take bitcoin advantage and benefits for this we will have to ne wise and strong minded.
My greatest fears is when they ban bitcoin not to trade with US dollar and also when hacker hack my 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?
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?
Nothing beats the paranoria of being hacked in my opinion. Try to think that what if one day you woke up just to find that someone had managed to emptied your account. But we shouldn't overthink ourself and trust this investment since you're already in here. Also, don't be so carefree also. Be sure yoy have a good security in your PC so lessen the risk of hacking anything.
Greatest fear is with exchangers if exchangers disappear we lose big amount
I think we might see a bearish period, or a sideways period for Bitcoin if other cryptocurrencies with other utilities become more utilized.
That is one of my fears, short term... And the reason most of my assets are in good altcoins with real utility.
Though I do not fear longterm for Bitcoin. May the longest chain win.
When lightning network is up and running 100% in 2018 or 2020, I think Bitcoin still will be king.
Especially not Ripple. Lol!
That is one of my fears, short term... And the reason most of my assets are in good altcoins with real utility.
Though I do not fear longterm for Bitcoin. May the longest chain win.
When lightning network is up and running 100% in 2018 or 2020, I think Bitcoin still will be king.
Especially not Ripple. Lol!
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