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Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 42. (Read 7368 times)

newbie
Activity: 4
Merit: 0
1 If the bitcoin becomes a bubble and burst. This will be linked to the flash crash but this time that looks impossible.
2 If the exchange site will be banned in the various country because of the exchange site as a centra key in the bitcoin or crypto.
3 Too many hackers, scammers in the crypto.

A lot of the things that makes me fear about the bitcoin itself. But the politic and regulatory seems to be a serious thing rather than other.
legendary
Activity: 1078
Merit: 1011
I believe the biggest fear for most people is a big crash that never recovers. This could be due to several governments simultaneously clamping down on bitcoin or for other reasons.
newbie
Activity: 15
Merit: 0
My biggest fear as a bitcoin holder is that the value of bitcoin will go down really hard and never going up again. Because if that happens i will lose all my money. That is why i think that it is better for you to not invest all you money into it.
full member
Activity: 476
Merit: 102
As a bitcoiner, I fear about many things...
1.If my account is hack oneday,at that time there is nothing I can do
2.If no one is not accept bitcoin as a currency or my country banned bitcoin

But as far as my concern,it will never happen because my account is trusted & my country will accept it because Bitcoin is hope...so forget your fear
full member
Activity: 308
Merit: 101
"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 fear is that mining becomes centralized, after all, decentralization is what makes Bitcoin stronger than any other currency.
I think users have to become engaged in mining, so that we have a more distributed system.
Bitcoin volatility is one of the fear a bitcoin holder have, bitcoin prices changes as drop quickly. Most countries banned bitcoin so if bitcoin is banned in my country then there is no value of bitcoin I have. Bitcoin hacker and spam are also the risk for me as bitcoin holder. Also Bitcoin’s future is bright and this is confirmed that it will be soon applicable as payment and people will use it for invest and as currency.
full member
Activity: 350
Merit: 100
My greatest fear as a bitcoin holder is that, when the world will banned the used of cryptocurrency, The second is when my account was hacked or get scammed, the third when bitcoin loss its value just like a tulip effect:)
full member
Activity: 266
Merit: 100
My greatest fear in holding bitcoins is to put bitcoinon the bitcoin wallwt because i dont fully trust wallets because other wallets are scams
full member
Activity: 182
Merit: 147
Aside from getting hacked, I think one of my biggest fear as a Bitcoin holder is if the time comes that the value of Bitcoin is so low that it can be considered as something worthless after investing so much of your money and holding on to it for a long time (probably years and years of keeping it safe and unused in your wallet). This may be far from happening since Bitcoin is gaining its momentum as of the moment, but its unpredictability, volatility, and the establishment of various new innovative technological platforms can truly overcome the value Bitcoin has gained throughout the years. It would be devastating to lose something that you have took care of and kept safe for a long time.
full member
Activity: 420
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 fears if all goverments banned this because bitcoin is very important and very profitable for all people likw me so i hope that it wont happen now because im still earning bitcoin i want to help my family to our poverty.
newbie
Activity: 119
Merit: 0
My biggest anxiety in bitcoin is when the time comes, bitcoin will be at a very falling value. If this happens, we will have dumping problems in it. But for now it's impossible to come because as we know it. Bitcoin has no effect on the increase in its value.
full member
Activity: 202
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?


I personally more on fear of loss. that's all the rest I do not care.
I think every bitcoin holder always has anxiety though not too much. I think that's normal
It is normal for people to worry about their money and fear it could be stolen. But if you are careful not to use and join  web non-anonymous sites then you do not have to worry about anything.
full member
Activity: 406
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?


I personally more on fear of loss. that's all the rest I do not care.
I think every bitcoin holder always has anxiety though not too much. I think that's normal
newbie
Activity: 25
Merit: 0
My greatest fear is if  most countries place a ban on it due to the fact that the transactions are not traceable and it will scare people from buying hence pushing its price down
hero member
Activity: 854
Merit: 501

My fear as a Bitcoin holder is:

1. My fear of hackers who can access my account will be lost because it can be successfully stolen easily by hackers.

2. My biggest fear as a Bitcoin holder is to see the price of Bitcoin will reach below the price of 2,000 USD, because this is a big loss to me.
Don’t get your fears control your mind. Ups and downs are part of trading and when you see prices coming down then you must not lose your heart. Rather keep yourself determined and stiff because after every little downfall there is a huge jump of it. And as far as hackers are concerned, you must use some auntenthic and secured wallet so that this fear can be minimized.
sr. member
Activity: 1050
Merit: 254
What are the top risks for Bitcoin holders?

When something really bad happen like a big exchange scam, a country banned bitcoin or a big bad news about bitcoin, because when it happened the price of bitcoin will falling so hard for sure. As a bitcoin holder, it's really make me afraid. Everything that makes bitcoin price fall is a big risk.
newbie
Activity: 52
Merit: 0
 Already some banks starts war against BTC.I think if it continued BTC may disappear .This is my greatest fear as a bitcoin owner right now.
member
Activity: 86
Merit: 10
I think my biggest fear is bitcoin dumping to nothingness.. I don't believe that will ever happen though.
full member
Activity: 938
Merit: 137
If the crypto currency will continue to integrate into the economy of most countries and crypto-currency payments will become commonplace, then we will become very dependent on the availability of appropriate technologies. This means that any global technogenic catastrophe can completely paralyze financial calculations in case of disappearance even for a short time of the Internet. In a narrow sense, this will be a constant fear for some reason to lose access to its crypto-currency purses.
sr. member
Activity: 714
Merit: 250
Hacking and scams over transaction and the sudden problems that effects crypto market directly or indirectly.These are the main  problems that effects effects the bitcoin as a fall in demand and it's price , these are my greatest fears as a bitcoin holder.
Cybercrime is the most terrifying thing for bitcoin users, I am very grateful to this forum. We can avoid cybercrime  by only access bitcoin-related website through link in the ann thread in this forum. This forum is very important for bitcoin users.
full member
Activity: 364
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 fear as a bitcoin holder is that, one day, bitcoins price would just go from $8000 to $1, that is the worst thing that I could ever imagine that would happen to bitcoin, I think many bitcoin investors also thinks of this as the worst thing that could happen to bitcoin, that it might lose its value.
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