Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 43. (Read 7368 times)
My greatest fear is a bitcoin holder that someday theres some groups of hackers will come to destroy and stole our earnings and give a bad reputation in bitcoin industries but i wish and i hope that day will not come and never comes. For now this all i have to earn some money to make my living besides to my side line jobs or oncall jobs.
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.
The greatest fear of any bitcoin holder has to be that BTC will be worth $0 tomorrow. I dont care who you are but that has to be your #1 fear. Now albiet it is an irrational fear and you can essentially disregard it moving forward.
A rational fear to have however is that of getting robbed and scammed this can happen to anybody on any given day and that is why I go to great lengths to protect my coins.
A rational fear to have however is that of getting robbed and scammed this can happen to anybody on any given day and that is why I go to great lengths to protect my coins.
Of course when the price drop so much loss, now bitcoin and altcoin is second income after work, but in terms of quantity sometimes bitcoin is bigger because of price increase that happened.
"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?
Phishing sites. It is so hard to browse internet when you know there are so much phishing sites in the web. Having hackers access your wallet is mostly what I fear because there are far too many of them and far too many cases and issues regarding them. For now, bitcoin issues doesn't really bother me as long as I get the benefits of it.
for me my greatest fear as a bitcoin holder is to lose all may bitcoin on trading or hacked by people
because you put alot of your time to have bitcoin so why you want to lose it
because you put alot of your time to have bitcoin so why you want to lose it
"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.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 think users have to become engaged in mining, so that we have a more distributed system.
as a bitcoiner, i always affraid bitcoin price will drop quickly and never rising back again due to bitcoin will die in the future, or may be bitcoin will be banned in my countries, that makes me harder to use bitcoin in my daily life, so i hope these reasons wont happen soon but in a very long future.
My greatest fear as a bitcoin holder is when it becomes impossible to cash out and no one accepts bitcoin as payment. That bitcoin will be at lowest value. And also to be hacked and scam. Hopefully it will not happen us.
"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?
That bitcoins and the internet cease to exist in a few years. Well we all know the internet will be intact but the main concern is with bitcoins. I will cash out some to protect myself against losing everything but I ideally would
like to remain in bitcoin until I can retire early from hell on earth. My biggest fear is not making it there
"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?
What I fear as Bitcoin holders is if various countries agree to limit or banned bitcoin transaction. Of course I'm starting to trouble in buying or selling stock bitcoins that I have. If this happens, when the world's banks with the government make regulations to limit the bitcoins will result in many exchanges difficulties in serving bitcoins holders to make trades and transactions.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 bitcoin holder is the fact that technology nowadays is so advanced that somebody might hacked my account even though I have secured it with strong password. As digital world evolves and cryptocurrency became popular, we cannot deny the fact that people with good IT skills & are dirty minded that wants easy money are now on the process of figuring out as to how to access the users wallets.
"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?
What I fear as Bitcoin holders is if various countries agree to limit or banned bitcoin transaction. Of course I'm starting to trouble in buying or selling stock bitcoins that I have. If this happens, when the world's banks with the government make regulations to limit the bitcoins will result in many exchanges difficulties in serving bitcoins holders to make trades and transactions.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?
"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?
What I fear as Bitcoin holders is if various countries agree to limit or banned bitcoin transaction. Of course I'm starting to trouble in buying or selling stock bitcoins that I have. If this happens, when the world's banks with the government make regulations to limit the bitcoins will result in many exchanges difficulties in serving bitcoins holders to make trades and transactions. 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?
Cashing out too late before everything goes downhill. If bitcoin collapses due to e.g. a security flaw, then it will be a race to the floor.
The biggest fear now is regulation. It is impossible to ban bitcoin per se but legislators can close the exchanges to convert BTC in FIAT (like china did recently)
I still think China is an isolated case (lot of successful firms are banned like google and facebook) and it will regulate the exchanges in the future but it is by far the biggest threat to bitcoin/cryptocurrencies adoption...
I still think China is an isolated case (lot of successful firms are banned like google and facebook) and it will regulate the exchanges in the future but it is by far the biggest threat to bitcoin/cryptocurrencies adoption...
My greatest fear of bitcoin. If the bitcoin disappear down the value of it. Mostly the hacker of the wallet. If you rate me the security of the wallet, I think will 50-50. the biggest fear is your self you know why.
I also think this way and am afraid that thr price of bitcoin will goes up. That we will no longer need a pyramid or bitcoin. We do no know him much and what we so how much is it. Bitcoin can turn into a good investment and not.
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.
Mine would be the threat of hackers and malwares, even though we are aware of the threat and take safety precautions there are still chance all though the bitcoins systems gives me confidence that my wallets is almost impossible to be brute forced hacked I still worry about my daily internet activities and some click bait that even the most careful person sometimes makes mistakes.
My greatest fear of bitcoin. If the bitcoin disappear down the value of it. Mostly the hacker of the wallet. If you rate me the security of the wallet, I think will 50-50. the biggest fear is your self you know why.
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?
1. Governments will always rise up to protect against what they have little or no control over. Governments are a great threat to cryptocurrencies. There are 3 options for them. 1. Ban it 2. Regulate it. 3. Float a competing cryptocurrency which provides more flexibility than the current slew of cryptos we have.
2. The unforseen. Cryptos rely on technology, that itself may pose a danger. Unforseen issues may lead to unforeseen problems.
3. Disruption: Some technologies which was disruptive have themselves become obsolete.
4. There are governments who if they want to have the wherewithal to crash some cryptos network.
5. Users sentiments: users of cryptos may become disenchanted with the entire technology as more newer and better technology emerges, especially ones that are dependent on mobile phones, which remains a pervasive network.
On the whole, I believe the world will move towards the adoption of one singular crypto-currency, if in doubt read your bible, it's all there in Revelation. So cryptos will not die it will only become stronger and gain a worldwide adoption.
My greatest fear is when the government announces that they will totally ban buying and using Bitcoin. When that happens, everything that I've done, everything that I bought with my hard-earned money will be gone with just like that. And I do not want that to happen. That is why I don't want to think about it.
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