As you said in your post I am most afraid of hacking the system. Until now Bitcoin is bullet proof but we don't know what future will bring and how fast quantum computers will be available. From what I know this will be the end of Bitcoin if there will be no solution for that.
Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 4. (Read 7365 times)
My biggest worry about bitcoin is its value. Its value is still falling. Bitcoin is going against many people's expectations. Bitcoin is facing many negative aspects from many directions. I'm afraid the value will continue to decrease.
Unfortunately, if you do not follow simple rules, you can stay without pants. from this no one is insured. I advise you to exercise caution. There is always a risk. But it is possible to minimize it, following the standard safety rules. There is always a human factor.
what rules are you talking about? There is no rules in bitcoin because we can always do what we want. however there is a rules in bitcointalk forum and on joining a campaign , that rules should have been followed if you dont want to get in a serious trouble.
now back to the original topic of the op. my greatest fear as a bitcoin hodler is none. Yes none because im not a bitcoin hodler in the first place but rather i am just a trader (specifically short time trader ) i trade my bitcoins into cash or fiat money whenever i have it or obtain something on my wallet.
The biggest fear is losing your coins. Theft. And if they depreciate in value, it will also be a blow for me. Some of my friends were the victims of the theft.
The overnight fall of Bitcoin and bleeding market conditions which makes value of Bitcoin very tearful for its holders. We believe that market will rise again but still it is very fearful to see your portfolio falling down every hour but this is a disadvantage of volatility and one should get adapted to such conditions.
True, anyone fears the total drop in bitcoin price, especially permanent drop. Many of us had invested many years ago and though they have earned a good profit already, they still fear a sudden downfall in price of bitcoin. No one will know if such thing will happen and no one knows when if ever it will happen. This past months, we always predict what the price of bitcoin will be which get us disappointed in the end. The market is on red and even if we hate to worry, we get worried about our invesments going down and going down fast.
yes every bitcoin holder fears of the bitcoin price to drop, they always wish to keep the price higher than expected so everyone will benefit from it.
I am the one who uses bitcoin for investment, I keep bitcoin in a few months and maybe more than 2 years, I feel a tremendous advantage, I can buy a house, albeit small and simple, but enough for myself, for 2 year keep bitcoin I never lost or hacked in one wallet or exchanger, I am very careful in storing bitcoin. but of course I have a sense of worry if in the future bitcoin prices will become uncontrolled and become very cheap, although I'm sure the longer the bitcoin price will be higher
The main fear, which, in my opinion, is the main one for all bitcoin owners, is the fall in prices.
Despite the crisis that we've been since the start of January, i still believe that this is just a part of bitcoin's mission to moon again. I don't even have an ounce of feeling that bitcoin will come to an end even today's crisis because bitcoin is already a mainstream. So the ups and downs is just normal and nothing to fear about.
My fear of holding my BTC is that there are false rumors in the media or the information that deliberately creates FUDs to consumers and investors to take advantage of the psychological problem. to achieve his purpose. The crypto market is always sensitive to such information. And that is an opportunity for many to exploit for the benefit of them. Being aware of the business problem on the market is the best way to stay mentally.
As long as the global government does not define virtual currency as illegal, I think that is enough. What I am most worried about is this issue. If it is defined as illegal, then Bitcoin will die.
As a bitcoin holders one of my fear and i know everybody also if the bitcoin price price or value will always down and not going up its scare we all lost our profit we invest
My greatest fears as a bitcoin holder are the ff. Scam and hacking account,
SCAM one of my greatest fear and can't be avoided during the process, be vigelant
And
HACKING ACCOUNTS hopefully i'm not one of the victims, as a bitcoin holder you have the right to enjoy your earnings, every one who is bitcoin holder have a fears same as mind.
Are you not afraid of the situation that Bitcoin will lose it's valuation ?SCAM one of my greatest fear and can't be avoided during the process, be vigelant
And
HACKING ACCOUNTS hopefully i'm not one of the victims, as a bitcoin holder you have the right to enjoy your earnings, every one who is bitcoin holder have a fears same as mind.
I think that's the most fear of everyone in this market. That's really terryfing and which could turn us into poor immediately.
You shouldn't be scared of hacking because if you're doing well on your protection than actually they can't do anything with you.
My greatest fears as a bitcoin holder are the ff. Scam and hacking account,
SCAM one of my greatest fear and can't be avoided during the process, be vigelant
And
HACKING ACCOUNTS hopefully i'm not one of the victims, as a bitcoin holder you have the right to enjoy your earnings, every one who is bitcoin holder have a fears same as mind.
SCAM one of my greatest fear and can't be avoided during the process, be vigelant
And
HACKING ACCOUNTS hopefully i'm not one of the victims, as a bitcoin holder you have the right to enjoy your earnings, every one who is bitcoin holder have a fears same as mind.
My greatest fears as a Bitcoin holder, is if one day I can no longer make money and being scammed and hacked. I just imagine myself being in that situation. All your hard work just to earn all those precious bitcoin wasted. But hackers don't really a big thing when you keep your bitcoin's wallet safe and secured. All we need is to always be careful and secure our accounts and refrain from exposing our holdings to people because there are many cases wherein people stalk some social media accounts.
"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?
There are a lot of fears as a Bitcoin holder like me like when bitcoin has a big dip and i failed to trade and miss that opportunity, and also if wallets, gadgets becomes hacked and all altcoins in your bag will go bye bye, This is a actually a great opportunity for everyone if dips are happened but the cons are no one knows when it would go down, because we know there is no one who controls the market, the fluctuation is caused by FUD'ers and Fake people who spread FUD to gain more profit. Right now bitcoin are slowly climbing again. Good luck and God bless for us HOLDER's 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 is that we are not making the proper use of the opportunity that we have to improve our financial situation trough bitcoins, i fear we will continue to waste time and not make use of the opportunity now and wait until bitcoin becomes an elitist item wherein we can no longer make a significant financial benefit to ourselves or our community.we have lost the opportunity to have acquired bitcoins for under $10 dollars at the beginning only to see it over 9000 dollars now . This is the final opportunity for us to be able to acquire some coins at a "low enough price"because the next rise in its price will see it fluctuating at no lower that $15000.
You can make a bitcoin investment and become a bitcoin merchant.
I work with a cloud mining company in China that mines bitcoins and sells them at the lowest prices.
Stock price varies between $6900- $7195 per coin you can buy some and resell them at a market value all without stress.
you can mail me if you need more information as regards this
[email protected]
I work with a cloud mining company in China that mines bitcoins and sells them at the lowest prices.
Stock price varies between $6900- $7195 per coin you can buy some and resell them at a market value all without stress.
you can mail me if you need more information as regards this
[email protected]
The rapid change in bitcoins' value is what worries me the most. This simply means that the change in bitcoin uprises the trend of other cryptocurrencies. With the diversification bitcoin has, we can choose where to invest and we don't know who will survive and become sustainable in the long run. This what bothers me.
I am scared that someday bitcoin will rich $50K or even more and will die completly and i will waste an opportunity to sell my coins at this time.
The main fear, which, in my opinion, is the main one for all bitcoin owners, is the fall in prices.
I'm most afraid it's a pyramid in the market that will collapse in one day
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