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Topic: what is the biggest risk that bitcoin is facing at present? (Read 547 times)

member
Activity: 242
Merit: 10
I think the uncertain transaction is a major threat to Bitcoin stability. This is one of the main threats currently, because investors have begun to lose trust on Bitcoin due to long delays in the transaction process. In addition to paying high fees and transactions very slow speed is very complete.
newbie
Activity: 126
Merit: 0
The biggest risk of bitcoin if many people gives up do btc business it make  slow down of circulation btc
full member
Activity: 406
Merit: 100
From my point of view. The biggest risk that bitcoin is facing now are the people who want to put bitcoin down. They are now making a move slowly. They want to destroy bitcoin to change it with another one.
full member
Activity: 868
Merit: 116
From a technical point of view.
Honestly, the biggest risk that bitcoin disappear when we holding the big value of it. In fact, the current fees are very high and that's the big problem because there are many transactions in small period and always there is a development of this transactions (unconfirmed and confirmed too).
sr. member
Activity: 560
Merit: 260
All it means is that there will be a boom in other currencies.   Not BCH or Ripple though, just my opinion. 

Been using ETH as much as BTC in the past few weeks.   
jr. member
Activity: 85
Merit: 1
The risk of people getting tired of the slow transactions and high fees. This think is pretty dangerous for Bitcoin's reputation at the moment.
sr. member
Activity: 840
Merit: 268
I don't know but one thing is for sure that people are the ones facing the fear. They are fearing that what if they invest all their money, but bitcoin will fail? Or it will just be gone in a single snap.
hero member
Activity: 854
Merit: 522
From a technical point of view。
The biggest risk of bitcoin is the bitcoin's price will be more down because the problem on the bitcoin's transaction, today the cost of bitcoin to sending for other wallet is very expensive and slow confirmation, it can makes the user's bitcoin goes to the another alternative coins for ignore the fees transactions, but i am sure in the future this problem will be fixed by the developers team, let's wait and see about the activation of lightning network on bitcoin's blockchain, we hope it is the best solution for bitcoin.
member
Activity: 112
Merit: 10
The biggest risk is competition of other cryptocurrencies people will start switching for things that are more stable
member
Activity: 924
Merit: 12
Bitcoin need more trust because not all the world believ in bitcoin...if people stop beliving in crypto the bitcoin will fall
sr. member
Activity: 420
Merit: 252
This year the perspective about bitcoin has dramatically changed . The initial idea to be a currency used in daily activities seems increasingly far.
Besides that, all these forks taking place in very short period certainly has introduced new questions and uncertaines about Bitcoin.
member
Activity: 364
Merit: 10
From a technical point of view。


the risk of bitcoin when bitcoin is not received in the market and can not be a legitimate means of payment will make the bitcoin price down and the investors stuck at a very expensive price.
member
Activity: 93
Merit: 10
For me, the greatest risk is about the new currencies made. If there are a lot of currencies made, some investors may move to whoever has the highest value. In the meantime maybe bitcoin will lose investors that may cause it's value to drop.
hero member
Activity: 644
Merit: 500
i love my family
From a technical point of view。
for me the biggest risk facing at the moment is the huge transaction on blockchain, too many unconfirm, high fees, bitcoin prize dropping so quickly, and not only facing for bitcoins even other crypto has the same issue..
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
The risk is that way too many people are now using bitcoin and the transactions they generate are clogging the network, making fees and confirmation times skyrocket. The result is that people might move on to another BTC contender like bitcoin cash, which is rising currently. This will greatly devaluate btc.

it is not a risk, at least not a long term risk.
because even if they do switch to another alternative cryptocurrency such as bitcoin cash, in the end they all will end up in the same place as bitcoin. it may take a longer time before bitcoin cash reaches the same amount of usage that bitcoin has and has full blocks but it eventually will get there and when it does the same congestion and high fees will be the result of it. and the dump the said altocin will experience will be so much harder because it is an altcoin.
member
Activity: 299
Merit: 11
The risk is that way too many people are now using bitcoin and the transactions they generate are clogging the network, making fees and confirmation times skyrocket. The result is that people might move on to another BTC contender like bitcoin cash, which is rising currently. This will greatly devaluate btc.
member
Activity: 518
Merit: 11
I think the biggest risk facing bitcoin today is the system. a system that I think bitcoin needs to correct and upgrade the system for the better and faster.
newbie
Activity: 60
Merit: 0
Risk of being obsolete due to a scaling solution being too long to arrive. Alts are doing it alot better to be honest.
full member
Activity: 448
Merit: 102
The biggest risk facing bitcoin these days is the uncomfortable system and the many sales that the bitcoin owner does. and become down. but, I think this is only temporary.
I am sure that bitcoin will go back up and pull back trust.
full member
Activity: 168
Merit: 120
Literally the transaction is too expensive I mean miners fee are killing the users right now even though we don't have a tax here but man talk about a huge amount of transaction fee just to send your bitcoin to other people. Its like your money is being tax with much higher cost no offense sirs but these transaction fees are killing the users right now.
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