Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 28. (Read 7368 times)
My greatest fear of being a bitcoin holder is the future and a lot of whay ifs. As obvious as it may sound, nobody can predict the future nor even guess it accurately. With that said, I fear as a bitcoin holder that one day, bitcoins crashes with me being prepared for it and losing everything I have.
First, my fear is that when I have bought a lot of bitcoin but the longer the bitcoin price is decreasing until it has no value anymore but I still have to be able to anticipate one day when such circumstances happen.
Second, I'm afraid someday bitcoin can no longer be circulated / revoked, not given permission to use by the government in my area of residence
Second, I'm afraid someday bitcoin can no longer be circulated / revoked, not given permission to use by the government in my area of residence
"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 is that the value of bitcoin falls down. Because when the price fall down it is directly proportional to my holdings which is bitcoin and other crypto tokens that im holding because when i sell it even if the sell value is high when it converted to bitcoin nothing matters. 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 fear that governments will not recognize bitcoin, and all governments will join together to sanction bitcoin, which is a terrible thing to do. I can't imagine.
I fearly Lose my bitcoin in a blink of eye that bitcoin will shutdown. But i dont want this happen. And i think this is impossible for now because of million people supporting bitcoin and altcoin also to lose on trading.
The only fear I have of using any online wallet is hacking. You never know who will hack your account and steal your money
to wake up one day and see a fat politician talking shit on tv and giving reasons why did they ban btc and why its price has gone into 200$. And why no one will accept btc anymore
People losing faith in the coin which will cause a price drop that can reach 0 at some point.
My greatest fear in bitcoin when the price going down. What happen to me I think , I think I will be crazy if the bitcoin value goes to zero value.Me too, i also have that fear it is my greatest fear if bitcoin price down forever. May be i will die, because i have invested my all saving in bitcoin and in this time i have no money on my hand except bitcoin. Then it is my greatest reason of fear if bitcoin value goes to zero value but on the same time, i have rely on bitcoin that bitcoin never and ever come at zero value.
traders should have many fears, I have had times where large amounts of coins have gone missing for days with no help from exchange support. That's when it gets pretty nerve racking but if I were just holding I wouldn't have to many fears with it as long as my security was setup right and stored in safe wallet.
Security is not that threat for bitcoin holders. Private key is nearly impossible to hack. The biggest fear for bitcoin holders is if bitcoin is really just a bubble. Yes, its value is really high but if it just a bubble, then holders and investors are in deep trouble.
My greatest fear as a bitcoin holder is when the bitcoin values decrease very low, and people doesn't use bitcoin anymore.
That will be a great loss for me and the other bitcoin holders too.
That will be a great loss for me and the other bitcoin holders too.
For me if im a holder of bitcoin my geatest fears is bitcoin will be decreasing the value.all holders of bitcoin will be suffer of that setuation so i think other people also be scared if that time will come and also if the bitcoin will gone its very big loss of holders people if the bitcoin will gone or ban because all botcoiners will know the bitcoin is very helpful for us theres have many people become a rich because of bitcoin so its very big fears of people if the bitcoin will gone.
If the countries input protective limitations on btc and due to this the demand falls resulting in the fall of prices in dip. This would be my greatest fear as bitcoin holder.
"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 someone who holds bitcoin is to wake up someday and find that bitcoin has crashed and all the cryptocurrencies has failed. Or looking into your wallet one day and discovering yhat everything you worked for is gone in an instant
My greatest fear would have to be a drastic drop in price. The price has been rising throughout the years but if the rice suddenly dropped because of whatever reason, i think i would panic.
I think that we all have the same fear when it comes to hold.. the problem is that we are so afraid of being scammed or just stolen in our exchanges. That is why i never left my money in there, i prefer to be safe instead of losing some money because of them.
My greatest fear as a bitcoin holder is when the bitcoin values decrease very low, and people doesn't use bitcoin anymore.
That will be a great loss for me and the other bitcoin holders too.
That will be a great loss for me and the other bitcoin holders too.
"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?
As a bitcoin holder, my greatest fear is that if it will reach to the point that it will go back to its value a few years back. Since the bitcoin's value skyrocketed to almost $20k this year, i am afraid that it would go back to its value 1-2 years ago. If thats the case, there would be many policy holder which only just started this end of year would lose a big amount.
People losing faith in the coin which will cause a price drop that can reach 0 at some point.
My greatest fear in bitcoin when the price going down. What happen to me I think , I think I will be crazy if the bitcoin value goes to zero value.
My greatest fear in Bitcoins is to wake up and I can't accept my wallet which contains my bitcoins as a result of hacking into my online exchange wallet. Exchanges going out of business is also my fears but I have budgeted that by choosing a reliable exchange. Government intervention of forcing my country to stop dealing in Bitcoins or crypto currencies is also my other fears.
Hacking would probably be the greatest fear that a bitcoin holder will have. People all over the world will try to make money through hacking as this would be quick and big if they are successful. Just a recent news, a country hacked the Bitcoin of another country for the purpose of financing it's project.
Also the volatility of the price of bitcoin should also be a fear to a bitcoin holder. You never know that your investment will be gone due to price drop of bitcoin.
Also the volatility of the price of bitcoin should also be a fear to a bitcoin holder. You never know that your investment will be gone due to price drop of bitcoin.
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