Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 7. (Read 7365 times)
What really scares me in the future is when all of my fellow bitcoin holders will withdraw their bitcoins, we all know that the price is very dependant to the demand and supply. The price will go down and i might lose my investment capital or even my money. Hackers don't really a big thing when you keep your bitcoin's wallet safe and secured, it is less to lose bitcoin on hackers.
As a holder I guess my greatest fears would be that my bitcoin contains a zero value as its worth. Clearly, that would be the day when BTc would be dead, banned from the country or even the world, A new currency or coin have been implemented or the fact that BAnks and the government has done their own bidding. Well, other things to consider are the Scams, but its the investors that should be careful.
I think my greatest fear as a bitcoin holder will be:
When the price of bitcoin goes down and you just currently invested in bitcoin. And the other is, when the price of bitcoin pumps up and you haven't invested in bitcoin, that would be the greatest fear for me.
When the price of bitcoin goes down and you just currently invested in bitcoin. And the other is, when the price of bitcoin pumps up and you haven't invested in bitcoin, that would be the greatest fear for me.
My attention to bitcoin is when the price drops drastically and does not even sell. And if there is cheating on bitcoin, one of them hacking. They are like pests to us bitcoin users, they hackers deserve to be annihilated.
My greatest fear about bitcoin is when the time comes that the internwt will shutdown and the bitcoin will not use and open the account.
So do not be afraid someday Bitcoin will be worthless because the price is now too high and far from worthless at all,
There are so many merchants who already accept bitcoin as a payment especially in Asian and EU countries that support bitcoin a lot.
This fear is only for altcoin and does not apply to bitcoin holders
the fear of holding bitcoin now is the value decreasing this week and also scammers and hackers that will steal all of your money's. all of your hard work will go down to drain like nothing happened at all
but the new people on bitcoin can bought bitcoin at lowest value and after some time again if the bitcoin is getting a increasing value they will become a rich people someday
I'm afraid also on the hackers because you didn't know what they are up to, and who's gonna be their next victim so even I make sure that my account is well secured I couldn't avoid to worry of this hackers. Also I'm afraid to trade if I had already hold my coin for a quite long and it so happen that I trade it and the price dumped, it really sucks. but the new people on bitcoin can bought bitcoin at lowest value and after some time again if the bitcoin is getting a increasing value they will become a rich people someday
My greatest fear on bitcoin is when people dont trust on bitcoin and more believe on negative news. Negative news will bring bitcoin price drop and make people do not want to hear about bitcoin. Its fear me on this cryptomarket
Negative news do not bring the price drop but only those people start to sell their bitcoin who do not have much knowledge about bitcoin. In this way the price of bitcoin start to drop and with that some people sell off waiting for the dip. I will say that it is the thing which will not give us benefit at a high level but will give only a smaller profit while if we will not sell then we will see the price at strong level and more and more people will come to trust on it and so a huge price increase will occur in it.I fear that the price of Bitcoin will fall. I also fear that the government will prohibit Bitcoin and that Bitcoin will be attacked by hackers.
my greatest fear as a bitcoin holder is to be useless in our country and its value drops especially if all of my investments are in bitcoin.
Im my own opinion. The greatest fears of those bitcoin holders is.
Totally banning of bitcoin
And dropping of bitcoin price.
Totally banning of bitcoin
And dropping of bitcoin price.
"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 scared to some hackers and some scammed sight.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 have a fear if all goverments banned this Bitcoin.
Also the value of Bitcoin will go back to zero and I hope that it wont happen anymore because Bitcoin is very profitable coin.
My biggest fear is what is currently happening which is the rapidly declining price of bitcoin and just seeing my money slowly decrease. However, I am very hopeful for the future of bitcoin and will continue to hold.
I'm most afraid of being in our country which is banned bitcoin by the government. I fear my country in our country in the scam in our country. hope it all does not happen.
which I feared btc, when the price keeps falling And it can not be converted into real currency, but I am optimistic it will not happen in the near future because I am very dreaming btc Will be the only crypto currency that can survive under any circumstances
For bitcoin to be extinct (and for to the other cryptos that i am holding. Nowadays, i feel not secure anymore, thinking that someday, this might happen. I know that i am not supposed to give mu full trust in any cryptos neither to bitcoin, but if not how come i will earn? One thing also is about the hacking of my tokens. I just remember what happened to Mt gox, maybe it happened 2-3 years ago and theres a possible this is a good calling for a tough security but hackers will also find a much effective way to do it. Because of this hacking, the value of the cryptos is declining and it is not.
My greatest fears of bitcoin there is If bitcoin will be regulated i think this is a serious thing because previously the bitcoin is never set by any regulation, in fact we do not know what will happen if it will be done.
"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?
For me, my greatest fear as a bitcoin holder is when the currency will never rise again and also i have been hacked because all you have spend time to earn on it, it will gone just like a one click. Hoping that it is never been happen to me.
My biggest fear of holding bitcoins is malware. Sometimes hackers use combination of phishing and malware techniques to hack into our device. For instance, hackers often create malicious websites that appear as trustworthy, and when users click to access them, malware is installed on our device. Once this malware is on our device, it is programmed to steal our digital assets from, say, our online cryptocurrency wallet. The thing is once we lost our bitcoin, we will never get them back.
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.
Specifically that cashing out funds will be banned by the government. Their way of controlling cyrptocurrencies.
I am scared that someday bitcoin will be very expencive and i will not be able to sell because of some reasons. It's would be very sad for me.
My greatest fear is when bitcoin will fall down and it will never rise again. But im hoping that it won't happen. Bitcoin for me helpful.
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