Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 31. (Read 7368 times)
I have only fear of hackers and I am trying to save my Bitcoins.
The greatest fear of any Bitcoin holder will be a steep crash in the exchange rates of Bitcoin. The current rates ($14,000 - 15,000 per coin) are OK with me, but if it goes any further down, then I may be in trouble. Because I was planning to sell some of my coins next week. If the rate goes down, then I may need to sell more coins and that may disrupt my plans.
My greatest fear in bitcoin is when it become bubble.The value drop down and goes away completely.I'm afraid to happen because bitcoin is one of my expectations that will help my life be changed.And also to hacked my account because there are alot of scammer and hacker right now and I hope that I wont be a victim of that.
my biggest fear in holding bitcoin is when bitcoin can not be changed to fiat, and it can happen because the bank has been set by the government to not be able to withdraw bitcoin in any form, and forbid banks to cooperate with any bitcoin institution, so bitcoin will stuck in the wallet forever
My greatest fear as a bitcoin holder is for bitcoin becoming worthless or priceless,
And also my bitcoin wallet being hack or losing all of my money.
And also my bitcoin wallet being hack or losing all of my money.
"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?
when bitcoin is not getting the trust of investors, maybe that's the fear of bitcoin holders including me, and the value or bitcoin price is gone from the circulation of global virtual currency
For me the the greatest fear is being HACKED! If the price fall, one could just hold and wait until the price could go back to normal or high. But if you are hacked, I think there are no such thing that I've read that the people recover their bitcoins from hacking. Some said that a hacker just need a maximum of 15 minuets to empty you wallet. Thus I always turn on the two factor authentication and other sort of security measures.
"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?
the fear for all bitcoin holders is when bitcoin is banned in the country and bitcoin value becomes zero and bitcoin circulation disappears as virtual currency and internet connection no longer exists
I think my greatest fear as a bitcoin from now is the time that i spent in btc will go to waste just because of the other factors such as getting hacked and scammed.Also the possibility of btc getting banned in our country and the government implementing a law which will affect the operation of btc in our country
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.
Yes i am also scared about that too, There are times where traffic in blockchain is occuring because there are a lot of people who transfer their coins to another wallet or withdraw, It usually happen's where there is a huge change on the market or when the price of coins is decreasing.
Greatest Fears is crashing like what happens now. i’m worry to keep my bitcoin or sell them bitcoin lost 30% fast.
it is only my Greatest Fear
it is only my Greatest Fear
As BTC is now at the peak of fame and every investor want to invest into BTC, so it is very natural phenomenon that if anyone or anything is becoming that much profitable then someone wants to pull it down and the same is for BTC. My biggest fear as a bitcoiner that in the coming future it might not be banned by the government and as far as the current financial situation of BTC suggest that government could not imply tax on BTC and most probably this is the very reason that some countries has banned cryptocurrency
All things has its own circle. That is one of my greatest fear, i think bitcoin has it end to, you will find hard at withdrawing bitcoin and earning bitcoin. And also some country may ban it.
My Greatest fears as a bitcoin holder is that when my account will be hacked or I get scam.I am really scared because there are alot of scammer and hacker right now and I hope that I wont be a victim of that because I am planning to resign in my work and do bitcoin fulltime.Also I am hoping that my country which is the philippines will not banned bitcoin because this is very helpful to me and also it really helps alot of people.I am working hard right now to rank up more in order for me to be able to earn big because I am so scared if it will be banned in my country be because I will have no more source of income.
Fears are widely spread through this community. I think that most of us have similar fears. Noone is safe in the crypto world. Safety must be accomplished and secured. My greatest fear is forgetting about my private key. I always think about silly things. The example is what would be if the car hits me and I lose my memory? I wouldn't remember I am Bitcoin holder. I couldn't even remember what Bitcoin is and the main problem would be I would have forgotten my private key. There are a lot of the treats that are making Bitcoin holders afraid... Scammers are the one reason and Bitcoin fail and doom would be the other.
My biggest fear is to miss out on other, potentially faster growing opportunities, for instance iCO's or less established cryptos.
"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?
I’m bit worried about my bitcoins when it becomes impossible for the liquidity in few countries if price touches 50000$. At this moment everyone selling @ appreciated price.
"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?
The only risk that im fearing is when Bitcoin suprised me to crash and it will get decreased of its price and i tend and forced to convert my BTC in to PHP. Well, Nowadays, Bitcoin is so high on its price but if you will noticed, Bitcoin is so volatile. It cannot stick on its price, And this is one of the suprising moments as a Bitcoin holder. Im putting my trust in Bitcoin that it will increase and increase its price and rate and if this price crashed and decrease a lot, i will stop holding and i will convert all of my Bitcoins in to PHP and cash it out.
Here are some of my major concerns:
1. Losing access to the 2FA of my Bitcoin wallet
2. Getting a notice from the income tax department of my country
3. Some hacker stealing my coins
4. Bitcoin getting replaced by some other coin or token
5. Bitcoin becoming worthless.
Become worthless should be in everyone's top list, you just can't imagine your investment worth thousands or even millions dollar become nothing. As bitcoin has the capability to do that in short time. But for now we can say it's safe from something like that due the ecosystem has been built very well. Hard to break it. 1. Losing access to the 2FA of my Bitcoin wallet
2. Getting a notice from the income tax department of my country
3. Some hacker stealing my coins
4. Bitcoin getting replaced by some other coin or token
5. Bitcoin becoming worthless.
Hello. Get my money stolen and scammed. Also forgetting or losing my private key and if the prices skyrocket watch all the money you could have got. Actually this would be terrible
Cheers
Cheers
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