For me, the greatest fear of the bitcoin holder is the value of it! Bitcoin is very successful because it has a big value and it keeps increasing. People fears that if bitcoin price value drops to its lowest price.
In some country they already banned it, and it is also a fear of the people that their country will do it. And the scariest is the hacker that might steal your bitcoin.
Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 6. (Read 7365 times)
As a bitcoin holder some of my greatest fears are as follows:
1. The btc value decreases and having a difficulty to rise again
2. I am afraid that my btc account will be hacked or i might be scammed
3. I am afraid that oneday bitcoin will crash and its value will be worthless.
1. The btc value decreases and having a difficulty to rise again
2. I am afraid that my btc account will be hacked or i might be scammed
3. I am afraid that oneday bitcoin will crash and its value will be worthless.
my biggest fear is if one day I can no longer make money with bitcoin, because for now I just focus on making money through bitcoin. Hopefully the future bitcoin continues to grow and the price is increasing soaring.
For me my greatest fear dealing with bitcoin is being scammed and hacked. I just imagine myself being in that situation. Imagine all your hard earned bitcoin just vanished. All your hard work just to earn all those precious bitcoin wasted. That is why I try so hard to be responsible, cautious and not easily fall for scammers. I also keep myself updated to the latest news about people being scammed and hacked to know how to avoid or react to these situations if ever it happens to me.
I think my biggest concern is that Bitcoin should be stolen. Regarding the future of Bitcoin, I think we worry that it is useless. How is its future? We can only hope that it will become more and more successful because only if it succeeds, can we obtain greater wealth from it.
My greatest fear would be losing my bitcoin because of carelessness. It might be sending to a wrong address or being hacked. I always triple check the address when sending and always uses 2FA in all of my accounts because we know that in bitcoin there is no turning back because once it is done or confirmed then there is no remedy to it. All we need is to always be careful and secure our accounts and refrain from exposing our holdings to people because there are many cases wherein people stalk some social media accounts because they knew that someone has that much holdings. It will make you become a target to a hack or even physical attack if they knew where your house is.
My greatest fear as a bitcoin holder is when the time comes that nobody will value the bitcoin anymore and the value will crash and it will become worthless. When not any one merchants will accept bitcoin as a payment and it will just become a cool collection and a part of history in the technology now.
I think as a holder of bitcoin, my greatest fear besides being scammed is that my investment might not fully be successful because as we all know bitcoin is very dynamic and fluctuate every now and then, but due to this circumstances it might go down the road i have most feared, and bitcoin might crash and make my investment worthless.
"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?
My greatest fear as bitcoin holder is the scanmmers and hackers. I am receiving reports that bitcoins are decreasing it's value and maybe this is the cause of people that will not invest un bitcoin.
My greatest fear as a bitcoiners is hacking and scmming,becuase you dont know when they arrive anytime they can hack ur system.They are the silent killer in the society.I hope that all our transactions in btc are secured and no one can touch our crpytocurrencies.
One of the biggest fear is that my country may completely ban crypto. They have not yet announced this and plan to frame all rules regarding this by December 2018.
As long as the internet exists, there's no reason to fear even if your country will impose its will for a total ban of cryptocurrencies. So once there is still an internet connection, you can still find many ways to earn 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?
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?
You said it right! but for me my greatest fear is when bitcoin doesnt have any value, because we cannot use our stored bitcoin, and its for the future of my family. We hope that all cryptos will stay forever so that our investments would not be lose.
you're just afraid to invest somebody else on bitcoin because they do not know it and what good it does to people so do not panic if bitcoin's price drops a bit, it just goes down so do not panic the bitcoin holders
No way BTC ever sees over $10k again. Ever. Give me ANY good reason why the price will ever go up that much when it has continually fallen for the past 4 months. This isn't a correction from the ATH in December. This is the sIow, painful death of this coin and this market. Is this going to magically gain traction and surpass the ATH again? Hell no. Even a stiff cock bounces a few times when dropped from a skyscraper before it eventually lies dead in the street. 
you're just afraid to invest somebody else on bitcoin because they do not know it and what good it does to people so do not panic if bitcoin's price drops a bit, it just goes down so do not panic the bitcoin holders
My greatest fear as a crypto trader is the shutting down and getting hacked by the exchanger I used because almost all of my tokens are in my exchanges account. And the fear of losing it all in just a single misclicks and being subjected by a phishing sites is so terrifying.
My greatest fears in bitcoin are hacking and scam my account because many people can do shutdown or stolen our password because of our new technology. They can also hack our wallet address.
i guess my greatest fear is hacking))Because it's really problem nowadays( My friend has lost all his investment(
my fear when I hold bitcoin, when bitcoin is no longer worth it, there I feel the fear until now, if that really happened That's very disappointing for myself
The instant crash of the market and the dumping of its value because all of my investment will be burned and turn to nothing. Getting hacked or subjected into a scam ICO investment and phishing sites.
One of the biggest fear is that my country may completely ban crypto. They have not yet announced this and plan to frame all rules regarding this by December 2018.
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