Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 49. (Read 7368 times)
Bitcoin coin holder not need to scare.bitcoin has strong security and safe transactions.we have to be protect from scam and hackers.
If the rate dumping or maybe crash, because I'm not trader, so I will not think twice to sell it. If I'm lost it in gambling site and can't hold my self no to deposit. If someone tricked on me and steal it and I am not able to get it back, because my country not legalize bitcoin so no guarantees.
I believed that the biggest fear of a bitcoin holder like me is to lose its value. I believed most of us has the same fear. Bitcoin is risky. We all knew that. We will never know when its price get high or when it lose. We are just trying our luck because we know and we believe tgat by investing in bitcoin we can have a better future.
My biggest fear is hacking my accounts!
And my second biggest fear is if my country bans cryptocurrencies!
Not afraid of btc price to go down!It won't
And my second biggest fear is if my country bans cryptocurrencies!
Not afraid of btc price to go down!It won't
"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?
Yes, that was right. Many people afraid of that circumstances. Because they are saying many hackers in this cruel world and at same time scammers. They are the smart people when we are talking about the technology. All you need to do is do not put all your bitcoin into your wallet because you don't know how secured is that. You can't monitor your bitcoin 24/7 that's why you need to be aware of that consequences.
My biggest fear right now is not being able to hold the old bitcoin in my hands, I am always interested to sell it because the price is always interesting, whereas if I hold strong Bitcoin longer I can become richer.
Its when my country bans crypto currency. It would be my greatest fear of all. Like what china have done, lucky for us that's not our country. It would be hard for us holder to cash out money. Cause in our local country there's a company that make us easy to cash out and cash in to our bitcoin wallet.
My biggest fear at the moment is if quantum computing becomes mainstream and hacking the network becomes ordinary.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.
Yeah this is the most people's problem who using bitcoins because we have that fear of our bitcoin will be hacked.Bitcoins have no customer service which is need to be done by the bitcoin team soon.Bitcoin offers no such protection: transactions are irreversible, so the buyer must trust the seller to deliver. Many Bitcoin users say that this is a feature, not a weakness, and simply requires the buyer to do their due diligence before sending a seller their money. Plus, irreversible transactions protect sellers from fraudulent chargebacks.
Any fork which somebody announces is my biggest fear that people maybe will lose their faith to bitcoin
"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 don't worry much about scams, government, or banks. i'm only worried about hacking bitcoin wallets. 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?
As we all know there is no online service that's 100% safe from online hacking whether sabotage or external hackers.
Most of the hacking happens because of the human mistakes not the computers/servers or anything like that, it happens because of the human factor.
There are a lot of good firewalls and security parameters to stop the hackers from outside, but what about internal staffs - greediness might some time be the cause.
My biggest fear at the moment is if quantum computing becomes mainstream and hacking the network becomes ordinary.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.
1. That it will reach 10k and above and I still be waiting for a good time to buy some
2. That it will hit bottom after I buy some
2. That it will hit bottom after I buy some
Guys, if you are afraid that your bitcoins will be useless after your death, read about smart contracts. It's a perfect solution.
My greatest fear as a bitcoin holder is inability to cash out my bitcoins.
"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 top 3: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?
#1 That someone might steal my bitcoins through use of a remote access tool or such.
#2 That bitcoin will die (much more unlikely.)
#3 That my local coffee shop will stop taking bitcoin as a payment option. (Doesn't really matter, but it's nice to be able to pay with btc.)
"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 and greatest fear that I have with bitcoin is the fact that it may completely fluctuate. When it does all the bitcoin that I have will completely become worthless as well. So, hopefully it will become more successful.
I don't know what other have fears , but my biggest fear as a bitcoin holder is its price as it is continuously fluctuating and i am always worried about my lose if the price goes down, But for now i am very happy because the price is increasing.
For now bitcoin holders would be very happy with the rapid growth in price due to the coming event but a certain price dump or fluctuation would definitely happen after that. People will be left having a dilemma on holding or sell it already and buy once again when the price is low. But since no-one know what will after that event then they will not know when to sell and left being surprise of a certain dump or something. For me, the greatest fear of every bitcoin holders is they're feelings.
"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 think that the greatest fear that I have thought is when I lost my bitcoin because of the hacker or scammer who stole it, also if the bitcoin price will drop down. Most of the people or users may feel the same way if their bitcoin will be hacked by someone else and they will never be recovered it anymore if that happens we must remain calm and not to panicked because if that will happen the situation will go worst. 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 my biggest fear is that there is always the possibility that somebody may steal my BTC no matter how much taking care of security.Hackers have new methods each day and we must always be a step ahead of them.
There is also fear that that something very bad will happen and that price fall very low,but that's always a risk with BTC.One day you wake up and see price of 7000$,next day it may be 10000$ or 1000$.I think the greatest danger comes from the governments,they will try in every possible way to control BTC,and I think they have mechanisms to create great problems for us if they wish.
mostly indeed people would fear their investment went wrong into a huge loss instead get a lot of profit , buy 1 bitcoin at $7,200 sell it at $6,900 , buy again at $7,000 sell it at $6,500 and so on until your whole bankroll gone. but don't worry when that moment happened , you just need to be more patient . keep in mind you should put the money in bitcoin that you can really afford it considering bitcoin have a high risk. There is also fear that that something very bad will happen and that price fall very low,but that's always a risk with BTC.One day you wake up and see price of 7000$,next day it may be 10000$ or 1000$.I think the greatest danger comes from the governments,they will try in every possible way to control BTC,and I think they have mechanisms to create great problems for us if they wish.
I don't know what other have fears , but my biggest fear as a bitcoin holder is its price as it is continuously fluctuating and i am always worried about my lose if the price goes down, But for now i am very happy because the price is increasing.
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