Bitcoin Forum

I am personally concerned that it will jump through the roof and I will not have enough purchased so that I can ride it up.  I think that this time when Bitcoin jumps in price, it will make a few millionaires.  I want to be one of those people, I just do not have enough at this time to make a dent in my goal if it jumps right now.

That is also my concern I really like to hoard as many bitcoin as I can as this is a very promising year for bitcoin I would like to have at least 5 bitcoins when it happen right now I am doing signature campaign,faucets and investing on cloud mining but I Guess the best way to get more bitcoins is to but while it is low at this point of time

Of course the price is the biggest concern right now as we want that the price of bitcoin should go higher and should be more stable as compared to the past, if there is price stability then people will have more faith in bitcoins, as the price fluctuation distracts people from using bitcoins.

anyone concerned with the price are just fiat lovers looking for a quick buck to run back to their banks and live in fiat heaven..

shame on you :D

my concern is the many methods to perform malle attacks and how some of the proposed solutions can themselves actually be abused. i think that is a proper bitcoin ecosystem concern.

My biggest concern with bitcoin from now is just to collect as much as i can from any sources that i can get like from faucet, games that rewardes free bitcoin, signature campaign,  buying litle by litle and i will collect it from now to the time that i don't know how will i stop to collect bitcoin

Seems like you're only in it to make a bunch of profits. Which is not a bad thing but bitcoin would need to grow more. Bitcoin need to be more adapted for it to succeed to it's full potential.
I think you'd have to be a bit more patient to get where you want to be with bitcoin. Just keep working hard and eventually you will make it.
The price/value of bitcoin will always be a concern since bitcoin keeps on going up and down.

centralization, but it is a long way to go and there are a bunch of solutions available to attack that problem too.

seems alot of the profiteers are the ones with $15 to their name (at most maybe 1btc if their lucky) and they are hoping to become millionaires in 6 months
seems alot of people are missing the point of bitcoin and dont have a clue how to get proper jobs to earn atleast 1btc a week.
seems alot of people will never become millionaires even if the price doubles. because $15 will only become $30.

where as people with proper bitcoin jobs hand put 10% their weekly wage aside and know it will equal a weeks wage value or more when they retire(several halvings and several deflationary speculations later)

dang it i thought i taught you,,, "limited distribution leading to collusion" :D

With all of the current positive speculation from all of the traders and bitcoin community, i am also willing to collect as much bitcoin as i can.
I think some of the chinese who have bought in the early november when price was 230 around will be millionaire in this year.  ;D

if they bought 10,000btc @ $230, then year when it hits $1k again they will be millionaires.. but if they had $230,000 to spare.. i dont think being a millionaire is a future goal but something they already obtained to of had 230,000 to just throw around on a whim

Centralization
Address reuse, white/black lists, fungibility
Block size issues
Legal issues











Way down here:  price

my biggest concern for right now,is bitcoin price, as many predict bitcoin price will touch the figure of $ 600 for this year, but earlier this month is still not showing signs of going up rapidly.

My biggest concern is that some catastrophe (massive banning, big fork, security hole etc.) make it fail or go very low in price permanently, and ceases to be an additional income stream for me. Although I am not concerned that much, I am pretty calm about Bitcoin future and think it is more bright than dark.

another fiat loving penny grabbing sig campaiger lol

you do realise its only the second day of the month..

....

i facepalming all these sigcampaigners who want price rises in the matter of just a few days..

my concern would the exact opposite of yours lol. im worried that the prices might plummet to a number below 100 or something and i would ened up losing thousands of dollars that i invested in bitcoin.

So u re worried if you have missed the train? Well, it all comes to the question of balls. If you are over 18 and employed, I m sure you can to your favorite bank tomorrow, take a loan of lets say 100k USD, buy 250 BTC and with some BTC you hopefully have by now, you should be set for the next big pump.

So, all in all, BIG balls always beat big questions. :)

We attract too many thieves/scammers and not enough good people. Hopefully that will change as Bitcoin gets more popular.

Right now, my concern is what will happen after the halving. Will the price raise, how will the fees be?

Scaling, mining centralization and the dispute about that in the community.
I hope we will be able to fix all 3! But it will take several years if we wanna do it properly, so there won't be fully harmony and dancing around hand in hand for years.

in the short term it is definetly scaling of Bitcoin when i comes to mainstream. long term there a thread of quantum computers in my opinion.

my concern is that adoption may take a long time, so long that something better might replace it, or government might find a way to fool average joe into something akin to bitcoin but that is centralized

basically i'm worried that bitcoin will remain only a niche thing...

My first concern about bitcoin right now is that I have not never enough money (as I want to have) to buy bitcoin as much as I want. Then the second one the lack of velocity in its spread. Even the transactions with bitcoin were doubled the year just leaved compared to the previous one yet me seems that the are few who "play" with it or at least not as much as needed in order that we can see that all we want to see. Its value and price at higher levels, more stability of the lasts values and massive use of it everywhere.

Security and the probability of scamming. One has to be pretty tech-savvy and certainly not letting his or her guard down in order to avoid getting scammed or losing coins (I assume accidents like this can be minimalized but never banned completely). I haven't been on this forum much the last week, but I notice there's a serious incident going on right now regarding security and scamming. Infrastructure of BTC has to mature much more and made somewhat fool-proof before crypto really can take off and gain a strong foothold in the financial world. Now, I'm not experienced regarding crypto so I might be talking complete BS here.

Haha i came here wondering what this was about and I actually have the exact same concern. I wish I could make some more before the halving. I'm hoping to make some spending money to suprise my fiance with and not planning to hold bitcoin for the long term but plan to continue to invest in bitcoin but not planning to hold it. Just hope it's able to keep up with its increasing popularity.

Having so many scammers makes me worried.

Why would people buy bitcoin if they know so many people are willing to scam them.

Even worse if so many people use it for illegal things...

My friends always laugh at me because bitcoins is a criminals paradise.
Since i am a very sensitive and silent guy they tell me there is no place for me in bitcoin or using bitcoin.

Do you seriously worry about this?  I worry about this just about as much as I worry about being struck by lightning - twice in the same day.

Quantum computers do not exist.
Quantum computers with enough power to actually do something interesting will not exist for a long time.
Even if they existed, with enough power, Bitcoin is basically immune to quantum computers.
Even if they existed, with enough power, and new algorithms were designed to make them a threat:  all users could simply stop reusing addresses making it impossible for anyone with a quantum computer to make a profit from the blockchain.

Even after all that the Bitcoin protocol could be changed as needed to avert any possible quantum computer attack.

I worry about the US dollar and all other currencies because:

People use all sorts of things for illegal activities it doesn't make those things bad. People make things bad. With that said people run all sorts of scams every day. Look at used car salesmen. As more and more people are introduced to bitcoin the more secure they will become

My concern today is not even that the bitcoin is not growing. It is very true that the bitcoin trading is growing on a daily process. However the concern I have today is the governing body behind he bitcoins. Just like any currency, when bitcoin is not regulated, it will be misused and people will mine as much as they can. At the end of the day, it will result to s situation where bitcoin is never valued as it were before.

You do not know how mining works, do you?

The more people mining the harder it gets so, on average, the number of Bitcoins mined is very well controlled no matter how much effort is put into mining.

Currently 25 Bitcoins are mined about every 10 minutes - that cannot be changed and does not change, no matter what the people do.

My biggest concern with bitcoin right now is the scams associated with it. It was difficult to trade with bitcoins on-line without a trusted mediator but even that is out of the question now because no one can be trusted. So if one wants to work on-line or do any sort of trades they have to take the risk of either getting scammed by the person they're dealing with or the mediator.

I can see now why some people stay away from using bitcoins. Anonymity has its advantages and disadvantages.

This is a lot of peoples concern. Just try and buy, and earn, as many Bitcoins as you can before halving comes. When halving comes, that is when the price will go through the roof. There is still around half a year before that, so there is really nothing to be worried about. All the millionaires that invested huge amounts into Bitcoin will be billionaires after halving.

Mine concern is rise of bitcoin blockchain forensic and analytic companies that can analyse bitcoins movement in the network, due to bitcoin being pseudo-anonymous and not fully fungible.  I'm scared one day when I will want to use my bitcoins, I will get a message that some mine bitcoins are tainted or were used for something illegal, and will have no or lesser value.

I'm scored more issues like this one for example:
https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejecting

I was afraid that if people are getting bored with bitcoin and make price drops