Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 5. (Read 7367 times)
I'm afraid of hackers who can hack my crypto wallets. But I keep my private key in secreet and hope they are protected. Besides, I have fears about banning of cryptocurrency.
"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 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.
Cybercrime and government regulations that prohibit bitcoin and cryptocurrency.
I think both are top risk for bitcoin holders.
I think both are top risk for bitcoin holders.
I think there are quite a lot of fears with investing and holding bitcoins, to start it up the ever decreasing of prices is a
matter of concern since dips are more larger and steeper than price spikes. They tend to happen more and more in the
past few months, that causes fear and panic. I'm also afraid of losing bitcoins, hacking is one of the most threatening
aspects of such incidents. Every individual is prone and susceptible to hacking and it's a great matter of security.
The internet is a hackers playground, draw interest and reason and surely you will be on a tight and ugly spot. I also
fear bitcoin's fall if such a thing were to happen, it's given so much to me and I rely on it. It's a sad thought really.
matter of concern since dips are more larger and steeper than price spikes. They tend to happen more and more in the
past few months, that causes fear and panic. I'm also afraid of losing bitcoins, hacking is one of the most threatening
aspects of such incidents. Every individual is prone and susceptible to hacking and it's a great matter of security.
The internet is a hackers playground, draw interest and reason and surely you will be on a tight and ugly spot. I also
fear bitcoin's fall if such a thing were to happen, it's given so much to me and I rely on it. It's a sad thought really.
My fear is same to you mate. Though I trust bitcoin but actually I also have a fear. Bitcoin is a totally volatile currency. While i was thinking that bitcoin is reaching to 20K USD But sudden drop! It was huge drop! Bitcoin was 19+K USD about 3 months ago and now it's 8K. My fear is, if bitcoin suddenly drop highly down and if vanish! I extremely hope that Bitcoin will be stable day by day. Hope for the best
The greatest fears as a bitcoin holder is being trust to someone that you dont know if they really true.Just like in investing you dont know who are the person you are trusting.Trusting is the big responsiblity to everyone.And also the value in bitcoin. 
My fear is same to you mate. Though I trust bitcoin but actually I also have a fear. Bitcoin is a totally volatile currency. While i was thinking that bitcoin is reaching to 20K USD But sudden drop! It was huge drop! Bitcoin was 19+K USD about 3 months ago and now it's 8K. My fear is, if bitcoin suddenly drop highly down and if vanish! I extremely hope that Bitcoin will be stable day by day. Hope for the best
My biggest fear of holding that bitocoin is the bitcoin value that is dropping as well as hacking. When the market and investors are worried about the price of bitcoin, whether it will decrease or increase, hackers will always look at our electronic wallets.
My greatest fears as a bitcoin holder are when the price of the bitcoin is going down when my wallet is hacked by the hackers and when my bitcoin is scam.
i wont's say anything original, the two most fear is the price for bitcoin - when the price become really low like 500%
and second - full ban of bitcoin by governments, so you will not be able to exchange it to fiat
and third - hackers and thief
and second - full ban of bitcoin by governments, so you will not be able to exchange it to fiat
and third - hackers and thief
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.
My fear is that people will sell because they are to weak minded to understand how awesome BTC really is.
The greatest fear of bitcoin holder is your bitcoin wallet hacked by someone.
my greatest fear about bitcoin is bitcoin gonna got banned in my country.
If that happens, time to sell my bitcoin then.
but i think the government in my country won't do that.
If that happens, time to sell my bitcoin then.
but i think the government in my country won't do that.
I think hackers and scammers are the most immediate concern for most people but as a future concern regulation by governments will be an ever growing issue.
Not only Bitcoin, but other virtual currencies also have bursts of bubbles. I think this will inevitably happen. Regulatory exchanges cannot trade for OTC transactions. My only concern is the impact of regulation.
I have only two situations in my mind that I'm really scared to happen. One is getting hacked and losing all those btc that I saved for years and two is losing it's value like it's useless because it is banned or illegal.
The greatest fear of the bitcoin holders is the fact that the hackers is very rampant and may steal their hard earned bitcoin in their wallet and the fact that their is no insurance to absorb the loss since there is no middle man or central authority that control the bitcoin.
Ketakutan terbesar sebagai pemegang bitcoin yaitu adanya peretasan wallet dan altcoin pada akun pribadi.Sehingga para hacker dapat dengan mudah membobol setiap akun.
For me, the greatest fears of a bitcoin holders are the scammers and non legitimate acticities that involves bitcoin because some times we cannot see any other idea and information about those works and activities that are held and as you in everyday there are people that were scammed.
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