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Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 40. (Read 7368 times)

newbie
Activity: 38
Merit: 0
My greatest fears as bitcoin holder is the possible hacking into my online wallet. I believe that if the hacker is clever and good in doing such evil activity ,he can able to steal any bitcoin online wallet. Thats is very discouraging if that happend.
sr. member
Activity: 574
Merit: 250
I don't fear in hackers and scammers because they can't hack your coins if you put it in hardware wallet or if you don't go into phishing sites. Maybe my greatest fear is the volatility of bitcoin that can affect the price of it. I'm afraid that one time when I wake up the price of bitcoin decreased by almost 3k or below (hope it will not happen). Cheesy

If bitcoin will decrease in $3,000 below, i guess it's a great a news from the buyers like me because that is the time to have a better profits to get, because i believe in bitcoin  whenever  how many times bitcoin price drops it will always rise and rise again because  that's  the characteristics  of bitcoin. All you have to do is wait for the timing, when that speculation to be happened again that bitcoin will fall back into $3,000 below.
legendary
Activity: 1147
Merit: 1007
since I started in the field my greatest fear as a investor and also a holder of bitcoin are some site are using phsing ( they will steal your information and also the balance of your account ) I think this issue will never be erase here in crypto world .. Especially today the bitcoin is never stop increasing many hackers will do anything to earn money even though its illegal .. the best way to resolve this is issue is very easy by limiting visit of other sites .

Scammers that can cause crashes, that's why I don't hold too much, I mean when the price rise I make it to a point to sell some or to convert it , there's no need to hord too much sometimes its enough that we already earn more, it can cause us being too greedy when we docus on making it more too much. Find sometime to enjoys it.
sr. member
Activity: 308
Merit: 250
since I started in the field my greatest fear as a investor and also a holder of bitcoin are some site are using phsing ( they will steal your information and also the balance of your account ) I think this issue will never be erase here in crypto world .. Especially today the bitcoin is never stop increasing many hackers will do anything to earn money even though its illegal .. the best way to resolve this is issue is very easy by limiting visit of other sites .
legendary
Activity: 2576
Merit: 1043
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I don't fear in hackers and scammers because they can't hack your coins if you put it in hardware wallet or if you don't go into phishing sites. Maybe my greatest fear is the volatility of bitcoin that can affect the price of it. I'm afraid that one time when I wake up the price of bitcoin decreased by almost 3k or below (hope it will not happen). Cheesy
sr. member
Activity: 438
Merit: 250
The main fear is that they will break the exchange and steal or freeze money! Therefore, the bit holder must take care that their bitcoins lie in a safe place!))
member
Activity: 168
Merit: 10
Put it all on the line and go for broke
As a coin holder these maybe are my greatest fears:

1. Government overtaking and imposing regulations and completely banning the cryptocurrency.
2. Those whales who are controlling well enough to extremely bring a coin at its highest to its deepest position.
3. Hackers and Scammers are the nightmare of all coin believers.Too sad its their way of filling their bags up.

Well, we all know this is risky and we all decided to take it. So, brace yourself and let us see how far this may take us.
I fully agree with the answer and I would like to add that fears like those of the bitcoin owner are much more than written here

Yes, I agree. Once the coins are owned by the corporations and the governments, the coins will seize to be what they were supposed to be: an unregulated currency. Its the idea behind bitcoin that makes it what it is. It is not utility, fashion nor a measure of wealth. You can't show off your bitcoins...yet but I'm sure they will think of something that will announce to the world how much bitcoin one has. The centralization and the regulation of bitcoin will make them tulips for the price will go too high to be of use. Everyone is fighting right now to make the price higher and higher, but what is the point? Will the beliefs of the creator carry on to all those that trade and hodl the coin? I think not.

I fear the coins are becoming centralized and they will be regulated. I fear they will represent all that they were supposed to oppose.

After the Cryptopocalyse, we'll see who the true believers are.
full member
Activity: 406
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
My greatest fear? I am afraid of hackers that will hack my wallet and the volatility of bitcoin price is unpredictable. No one knows what's the bitcoin price will go
sr. member
Activity: 1666
Merit: 426
"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?
Well as a bitcoin holder my greatest fear upon it are:
first, hack or to be scam by other crypto people I am afraid to be stole my earning because it is for my future.
Next, is that when I saw the bitcoin fall and never come back.
Last, is to be control by government because if it is being corrupt by government then there will be a tax for us to pay or worst if they ban it.
As of now these are th things I am afraid of.
full member
Activity: 266
Merit: 100
"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?
my greatest fesr in bitcoin is to get bitcoin stolen from my wallet because some wallets are scam or fake so be careful to store your bitcoins if you have one
sr. member
Activity: 504
Merit: 250
As a coin holder these maybe are my greatest fears:

1. Government overtaking and imposing regulations and completely banning the cryptocurrency.
2. Those whales who are controlling well enough to extremely bring a coin at its highest to its deepest position.
3. Hackers and Scammers are the nightmare of all coin believers.Too sad its their way of filling their bags up.

Well, we all know this is risky and we all decided to take it. So, brace yourself and let us see how far this may take us.
I fully agree with the answer and I would like to add that fears like those of the bitcoin owner are much more than written here
member
Activity: 322
Merit: 10
As a coin holder these maybe are my greatest fears:

1. Government overtaking and imposing regulations and completely banning the cryptocurrency.
2. Those whales who are controlling well enough to extremely bring a coin at its highest to its deepest position.
3. Hackers and Scammers are the nightmare of all coin believers.Too sad its their way of filling their bags up.

Well, we all know this is risky and we all decided to take it. So, brace yourself and let us see how far this may take us.
sr. member
Activity: 434
Merit: 250
At the moment, most of the money that  have are all invested into bitcoins so my biggest fear is that when and if in case the value comes crashing down, I am going to lose a lot of money, Even though i am making money with bitcoins, I am kinda scared about the way and manner that it's value has been rising recently.
member
Activity: 168
Merit: 10
"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?
Of course being hacked and scammed by someone might be my biggest fear of all but we know that all the holders fears that someday bitcoin will fail and go back to zero even that we know that it won't happen at all but now it is my biggest fear right now.

You can get rid of the hacking fear by being a little coutious. I mean, who has 1.000.000$ and just doesn't give a shit about it's security? Keep an extra computer just for  buying coins or something. And use anti-virus.
sr. member
Activity: 672
Merit: 250
"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?
That is the main thing that bitcoin users could be afraid for if they are currently holding bitcoin. It is a big fact that bitcoin experience so much development and growth in regards to its price and value on the market, yet this is not enough for the high security it needed for it to be secure enough for many transaction users could have. I think the development of bitcoin also depends on us because if we will continue to be a part of bitcoin and support t until it reaches its  security development and changes on transaction wise , it could also be a part of our daily means of transaction for a better form of investments and tradings.
full member
Activity: 248
Merit: 100
WWW.BLOCKCHAIN021.COM
"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?
Of course being hacked and scammed by someone might be my biggest fear of all but we know that all the holders fears that someday bitcoin will fail and go back to zero even that we know that it won't happen at all but now it is my biggest fear right now.
legendary
Activity: 2646
Merit: 1106
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My greatest fear as a bitcoin holder is if they shutdown the bitcoin. Maybe government could or other people that professional when it comes in digital cryptocurrency. Aside from that I'm afraid to be hacked and scammed by somebody that's why I am very careful to each decision I will make to my bitcoins.
I doesn't have the fear that they shut down, because this has got importance to go mainstream news on several new portals. When it comes to security, it has got good features but hackers even overcome through several techniques and scams with the name of bitcoin keeps on increasing. We're supposed to segregate and invest on the right one.
sr. member
Activity: 364
Merit: 256
My greatest fear as a bitcoin holder is if they shutdown the bitcoin. Maybe government could or other people that professional when it comes in digital cryptocurrency. Aside from that I'm afraid to be hacked and scammed by somebody that's why I am very careful to each decision I will make to my bitcoins.
member
Activity: 110
Merit: 10
All bitcoin holders fears is someone will hack theyre wallet and a scammers who fooling people. Some are fears is one day bitcoin's value will dump in a very low price. We have different fears as a bitcoin holders especially to those who invest in it.
member
Activity: 158
Merit: 10
what I think about bitcoin is when the time comes, bitcoin will be at a very low value If this happens, we will suffer about the price issue in it. But for now it is impossible to come.
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