Bitcoin Forum

what would be your top 6 safety concerns you have in the crypto space?

whether it be like scammers? wallet protection? exchange protection ? integrity of content creators?

lets hear it . and why you think its a concern

I only have one concern about crypto,

Cryptocurrency such as Bitcoin should not have a huge transaction fee. Because in order for Bitcoin to become the world's leading cryptocurrency, it needs to be utilized by many people around the world. And if they can see the transaction fee is quite high, they might end up choosing other cryptocurrencies

I don't have much problems with scammers. You know one when you find one. Wallet protection is a concern but only concerning my hot wallets and exchange wallets. That is related to my concern that hackers will successfully break the security protection of my wallet and exchange. I am not concerned about the developers with no integrity. They are like scammers. They will not succeed. I am more concerned of the people who are not thinking enough and fall to these scammers.

I honestly have no definite fears apart from bitcoin not holding value for too long. That's not a major concern though it has posed to be one especially to us invested heavily into crypto. Security wise into the code and into the protocol, I don't think there's something particularly scary nor alarming. Quantum computing may have been birthed, though its implications would not be seen perhaps in a couple more centuries to come, especially with CPU manufacturers having a problem into continuing with Moore's law, with the latest chips in commercial production still at 7nm.

My main concern is about security of my crypto wallet and also the security of the exchange account, for exchange security aside from the user (myself) it also depends on the exchange, that's why I hope someday DEX can replace CEX.
When open my exchange account I try to make sure many things, like the url, the browsers i use etc.

In my opinion, for the time being, the problem of scammers is more and more and almost mastering fake projects that make investors experience a lot of losses. Many projects are not able to develop due to scammers, so investors no longer want to invest and choose to have their share of the exchange. even so, that doesn't mean other security isn't important. Exchange security and wallet protection also need to be noticed and increasingly enhanced. Many hackers do by hackers to take all the assets in their personal exchange wallet.

1.) Decentralization - I'll get a lot of flak for this but the reason you do not have mainstream adoption is that when everything hits the fan, there is no government to bail out the currency. You do not see commodities like gold, oil, ect. being used for day to day transactions. They're used as investments. For that reason Bitcoin doesn't have a place as replacing fiat currency and therein lies the safety issue. There is no back up. If  Bitcoin is thrown through a loop or manipulating, everyone suffers.

2.) Exchange sites. Most exchange sites rob you through use of fees or take in an absurd amount of personal data which could be data mined or breached for malice. Ordinary users are not ever going to look into these exchanges to swap out fiat for Bitcoin which slows down the adoption process. This isn't even getting into account breaches and network hacks like we saw in Mt. Gox

3.) Unpredictability. Mentioned earlier, you destabilize the currency and there is no central authority to save it. This effects poor people more tan anything. People living in poverty or near the poverty line cannot settle with losing 10-20 percent of their income within a moment's notice. They need stability in their paycheck and there is no guarantee of stability with crypto's. The fluidity of Bitcoin's price does not make it attractive.

4.) Irreversible reactions. Way too attractive to scammers and other actors engaging in nefarious or illegal activities.


Those are some. There's plenty more but those are four main security concerns. To be clear, I'm not saying I would agree with all four but those are the most common arguments against crypto's.

one of the security problems that I often encounter in cryptocurrency is about hacker attacks,
they like always have a new way to steal or break into other people's assets.
as long as security can still be attacked by hackers, then nothing is safe for cryptocurrency,
but maybe except for one, an offline wallet, like Trezor and Ledger Nano.

I fear only in the part when accessing my wallet, at times like that I always try to be careful, a little mistake could have the funds in my wallet lost. for other things I can still handle it, because I continue to make progress on myself, especially when facing a new project

Currently the most feared and have made too much worry is the scammers covering all crypto transactions. true colleague said above that many fake projects that also make fraud and make us careless and looking for loopholes to cheat. security improvements have been made but there are still many who look for loopholes in the behavior of individuals who are easily enticed by certain prizes so that they are careless.

Scamer and Hacker is a problem for me.
Scamer continues to exist even until a new project is started with a scamer I don't know how this is how to overcome it. Clearly, scamer makes investors angry to see it often they invest ends up scam.
Hackers are the most feared because they often break into assets even though the situation is safe, many exchanges are broken by hackers so I am still afraid of this hacker's situation.

I also feel the same way, we can't easily avoid them particularly these days because they are using different techniques and strategies to deceive us like making us believe with their sweet lies. It is one of the reason why some of us are falling into some sort of scam, we are just keep on believing without even reassuring that our funds and assets are safe. Just like any of you, I have also experienced it and I have lose a lot of money by investing into scam projects. I ended up feeling remorse about it but it makes me realized of my mistakes and I have learned something from it, if you are in doubt about investing but you wanted to try it then you should have some research first to make sure or you can ask other people's opinion and thoughts about it so you can assure yourself that you are not going to experience it again. It becomes a major problem for me because I know that as the day passes by, a lot of us are getting scammed or hacked and maybe because some of you don't have enough understanding about the possible challenges or problems that you might encounter here. Investing is speculative and if you don't have enough knowledge about it then expect that there will be some people who will take advantage of your situation.

Especially if you are exposed to messaging platforms such as telegram, you need to increase your security in terms of keeping up with people you know and if not and you really need to talk to others, make sure to filter messages. Any message that involves an investment platform where you need to pay or invest amounts of money should already alarm us for the safety of our funds. I was once chat an unknown person he just sends a message concerning investment through bitcoin mining. At that first what I need is ask him about the concept of mining and I figured out he's a scammer because of the lack of knowledge he has in mining. But we should still be cautious because even a knowledgeable person might scam us.

Mainstream adoption - it's pretty obvious the strongest 2 countries (China, America) don't really like a lot of crypto-currencies, even ones like stablecoins that can be controlled by an entity, and we'll reach a spot where we can't move up if these countries put up walls.

Security, when it comes to exchanges is going to be a pretty big issue, I'd like to see how governments and countries implement policies and try to deal with it in the future, it's definitely going to be interesting.

do we really need to explain why those are concerning us?example those mentioned by you is all the most concerns of each cryptonians you know why?

Simply because this involves our Money,our hard earned so tell me why we dont need to pay much concerns?

My safety concerns right now was those people who are very easy to trust on those new exchangers because nowadays there is so many exchangers that are scam in which if you put your money in the exchangers and at first you can get your money but if you put a large amount of money, the exchanger platform will shutdown and thr system will be down, there is so many exchangers that are like that who are scam exchangers. Another concern I want to share to the people for them to be aware was those people are those scam projects in which if the projects become failed then the investors and the supporters of the said project will be already scam by those developers of the project.

1. Exchanges - how the governments and the companies operate in the upcoming years is going to have a big impact on the future, and we are definitely going to see the future shaped by how they work, the constant hacking and user breaches need to stop, it just can't happen.

2. Decentralization/adoption. Will we ever see bitcoin reach good usability, even when the coin is quite unstable?

3. Business use-cases, how are companies going to work with bitcoin, are they going to use it as a payment method, etc, etc?

I guess being scammed shouldn't be our fear since we can prevent it by avoiding too good to be true deals. If something guarantee you a 100% ROI then it could be scam. What I'm really bother me is what if one day, my wallet gets hack even I take every precautionary measure that I can, this thing is unavoidably circumstances and bu far a nightmare for every traders.

And the feels like you mistakenly copy paste your address, then everything mess up.

Well my focus would be on the use of safety cryptocurrency wallets, exchange platforms to ensure that crypto enthusiasts have their funds saved in places where hackers can't have access to their funds. Also, if we can have some monitoring systems in the industry that can help flag scammers and their schemes to lure crypto starters of their hard earned funds.

To be real there is only one fear that I have in the bitcoin industry. It is security, specially on exchange sites where we use to trade. Wallet security is not that of a problem since there are tons of hardware wallets out there. The main concern is exchange securities, yes you can store thousands upon thousands of bitcoins in hardware wallet but what can you do to make it grow? trade it. And by doing it so you're risking your bitcoin both on trading and exchangers power to secure your funds.

Phising site become most terrible problem by investing with bitcoin and altcoin, I not worry when price of my assets down but most scare when I access with phising site and make lost all our assets, I will be careful which one site I want to open. Always give bookmark to most important with etherwallet site and exchange market website, I think can keep our assets on exchange safety.

There aren't a specific list of concerns I have when it comes to crypto currencies. But right now, when I choose a platform to exchange, I am always concerned about their security, their reputation and their support. All these three have a major impact on a users trading experience. When I choose a platform to gamble, I am concerned if they are legit or not, how long they have been on the market and how easy it is to deposit and withdraw. Different activities related to crypto currencies have different concerns. None of them can be compared with the other.

Even not in crypto related, there are lots of phishing attempts out there, yeah in crypto it is everywhere, that's why I don't trust any links, even here in crypto there are attempts with that too, my friend had lost his account in Bitcointalk for this too and some of my friends had hacked their Eth wallet for joining airdrops which turned out to be phishing link, so I never joined airdrop anymore too.

1. developer centralisation
many people pretend that bitcoin should not innovate onchain because 'people dont want onchain innovation because they havnt chosen it''. the problem is that developer centralisation where there is now just one decision making codebase, this means that the developers refuse to release open/not mandated choices thus the community dont even get a choice.
they just become pawns/sheep to developer decisions

2. services/businesses/other networks that are not blockchain themselves
services/networks/businesses that involve getting people to lock funds up into private keys that are not 100% in a persons control means that the service/network that then gives the user some other token to play around with as a peg, giving the false belief and false security that they still have their coin.
when infact the service/offchain network has power over the coin.
the whole point of blockchain was because custodial 'banking' failed the world in 2007-2008
there has been a saying for years 'if you dont own the private key, you dont own bitcoins'

Why 6 concerns exactly? And what are yours? My #1 concern is scalability. As Bitcoin grows in popularity, it must meet the expectations and be able to handle all those transactions which are yet to come. We've seen what happens nowadays when the price increases fast and a lot of movement is happening. The solution to this problem must be found or it will forever limit the community growth. I know we have the LN, but it does not seem to be helping much since even though it can happen with transaction costs, some don't use it for other reasons. I am fine with reputable exchanges, a bit worried about the safety of my money and rather not worried about scammers since they usually get people to give them their money, and I try to keep up with the new schemes so that I don't fall for a scam.

Fraudsters really don't give us the chance to let our guard down in the slightest. If we let our guard down, it will be an opportunity for them to take ours. Damn, I really hate that. We must be very careful in every "click", or the safest is to make a bookmark on an important website, minimize risk.
My wallet has been hacked, it hurts because the funds in the wallet that I have painstakingly obtained will be used to pay rent, even though I have provided double security. This is a risk, I have to accept it, and after that, I become more careful and immediately move funds to a safer place.

I can't put a list on what could be the 6 safety concerns but as long as you know the drill for your own safety, it's enough already. Just stay away with the things that looks too real to be true that in reality is impossible to happen because it is probably a scam. And never ever put your Bitcoin in any exchanges because it might be stolen any moment and it's too late to regret on that before you notice.

Suddently becoming centralized (which is impossible) is one of my biggest concerns.

Someone acknowledging how to hack / get access to every single wallet thus security would be unexisting.

Losing bitcoin value all sudden due to some big shark owners selling as an overall team or group.

Bitcoin becoming the second biggest coin rather than current 1st.

Crypto network stops working suddently and every transaction freezes.

Miners stop producing satoshis -> no transactions -> price fluctuation -> everything dies.

My biggest concern about Bitcoin and other cryptocurrencies is security. We are facing bigger and more and more sophisticated challenges regarding safety and security startnig with exchanges, scam.and phishing, hackers attacks and similar. And the protection still isn't on satisfying level and with time it seems these issues are becoming more and more present in crypto world.

One reason why it would be less secure is if there will be centralize exchanges and centralize projects. Bitcoin right now is very decentralized but with the exchange being centralize, its still less secure for everyone who does trade on them. Crypto is meant to be P2P and not just backed by blockchain. P2p makes it secure and decentralize where even of the team members are all dead, the project will survive because its peer to peer.

Hodling crypto is actually very stressful to do in a perfect manner. Most people, especially new to the space end up losing it to scammers or some type of virus or investing in some alt-coin, or losing it trading.

You can't really keep your crypto on Windows 10, even if you have a password. There are 0-day exploits and you might get some worm that will steal your BTC. Best way is to get a hardware wallet or use something like Electrum on Cold Storage. Or even just print an old fashioned paper wallet if you are planning on keep it long term.

Sure you can keep on an exchange however there are issues. The exchange can get hacked, your account can get hacked, you might be tempted to buy some alt-coin which loses 99% of its value, you might be tempted to trade on margin and get liquidated and loss all your crypto.

Another issue is you shouldn't tell anyone you own crypto. You might become a target. Don't wear a BTC t-shirt, don't put BTC bumper stickers on your car, don't show people your BTC balance, etc. Try and stay safe and smart.

in terms of security I believe that the blockchain system can have good security, I focus more on the security of the data wallet. the security of the data wallet is more focused on the people who hold it and as long as they put it professionally the data will be safe but otherwise data will be easily hacked

Since it's impossible you have nothing to be concerned about. :D


Impossible if you understand how the network works. You can't decode every single private key without enough time and computing power. It would take years to get even one.


He would first have to buy.

There are whales but they know that dumping it all and crashing the price is unprofitable because of low liquidity on exchanges.
They would be able to do it but it would cost them money.


But who is the competitor? ETH? BCH? They aren't as good and as popular. Also less stable.


Impossible due to decentralized nodes in every part of the world. The only way to make it stop is to cut the Internet but without Internet banks won't work too.


But how are you going to make all miners stop mining when some of them are in the US others in China, some in Iceland and Russia. Bomb the world?
All your concerns are irrelevant.

Well, I do not have much safety in this crypto space. My only concern is exchange hacking and losing important things in a fire incident. I don't want to experience my funds stolen on an exchange the moment my funds are there.

I don't get worried about crypto because I'm convinced that it is here to stay, I'm talking about the real projects.
But then the integrity of the creator of a new project is wear I'm a bit skeptical. Some developers are not sincere .

Scammers and hackers. It includes all kind of scams and hacks. Although I'm trying to avoid them and I am very skeptic here dealing in crypto, scammers and hackers are now more knowledgeable technically. I also have one concern, and that is the future. The future of bitcoin is still vague to predict until when it is going to dominate. Or as a whole, how will the government make actions towards crypto. Without assurance, I cannot say, the future of crypto is safe.

Maybe the answer is in a different cryptography. In keyless cryptography, in a system from which it is not possible to steal keys or passwords. I know that such developments are now in progress. Yes, they are probably very closely related to passwordless authentication. With one that never uses biometric data. The question remains what such authentication uses. And there is an answer - a variable numeric identifier. The beauty of this idea is that if you have a password or a key, your identifiers are numeric but seemingly permanent. The new technology proposes to make variable identifiers. So much variable that it is impossible for an outside observer to catch or predict the next identifier. And its changes are so rapid that stealing the current one is also useless. Here is the real way to a new cryptography and to a new level of security for the user. Probably, the keyless and passwordless system, is an only possible answer for the ordinary user today, in the world of quantum computers and quantum calculations.

It is not yet possible to realize decentralization in such structures as exchanges. This is a fairly global problem, as one cannot be sure of third parties. There are a lot of problems, it is impossible to list everything, but there are definitely more than 6 of them

of course the main concern is the scammers because they can take everything that i invest,the hardship and dedication and the money will gone and this will tear me apart.

exchange protection?not really because i never let my Currency stays longer in exchangers instead i take it right away after trading.

but one thing that i always make sure to keep safe?is the hackers that circling around the forum and looking for potential victims.

Your concern is my concern also. Though in the moment there are implementations in the blockchain of Bitcoin where the transaction fee is quiet lower compared in the past especially in the time where the blockchain had been flooded by many transactions which a lot of people suspect that there was a group spamming the blockchain which later on been overwhelmed and the transactions would get through for days leading people to use higher transaction fee. I hope that it would not happen again in the future as more people would be inclined to use Bitcoin as mode of payment.

Should it really be 6 on the list?  ;D

Scammers is what I am concerned by now.
When you go to telegram they are non stop.
They post different links in different groups and there are chances that they will PM you directly if they see you posting newbie questions in one crypto group.
All of a sudden you will have three or more guys pretending to be administrators.

Is that really difficult to make money nowadays? Or are they just really lazy to do the job?  ;D

Scammer is existing on many different platforms, Even on real-life scammers are just scammers taking advantage of others.

I believe that we can't get rid of the scammer because it exists everywhere, It's just they find using blockchain technology is easier to use on scamming comparing to other platforms.

I think educating ourselves and controlling every activity is the key to avoiding these scammers.

1.-use always different passwords for different services.
2.-Avoid fraudulent sites.
3.-Always generate the addys ofline
4.-Never go first on a trade
5.-Never panic sell
6.-Try to not give my real data for a service (We could trust the service but when a site get hacked our data gets exposed)

Try to use a easy to remember address in exchange and your transaction for much faster and secured crypto wallet. Having short and easy to memorize address will help you to prevent wrong sending of money for you to be able to avoid loss. Always check your browser and as soon as possible use other browser with private security and safe to use.

Scammers is one of my top priority when guarding myself.
They have been lurking around in shadows and just waiting for the right opportunity to abuse your weakness.

Specially with ICO threads here.
You will be shocked with a lot of messages that will be sent to you offering some deals which came out of the blue.
You don't even know a thing about their project and yet, they will offer something in return or other excuses just so it could look more inviting or you look like the winner in the deal.

Personally, the only safety concerns I have ever thought of as to do with wallet protection and exchange platform account protection. These are the only media people can actually lose their Bitcoins and other cryptocurrencies.  For scammers and integrity of content creators, you can easily avoid them compared to your wallet or exchange account getting hacked.

When it comes to exchange, the most important thing is that you shouldn't store your cryptocurrencies on an exchange. From what I have seen these exchanges are not to be trusted with your coins because they can get hacked at anytime. The only exchange that has proven to have strong security is Coinbase, but I will still advise you to be careful with all of them, anything can happen. If you can store your coins yourself then you should that and make use of paper wallet or your hard drive, or hardware wallets. If you don't trust your safe in handling these, you can make use of Xapo's cold storage to store your coins.

As for scammers, you shouldn't trust anyone or any project easily. You should do proper research about any project before investing your money in it. One important thing to check is the team, you should get to know who they are and if they are active on LinkedIn or any other social media and have been active for a very long time and the people they have as connection, all these matters a lot and some people still don't check them.

I think my only concern is the security of the hardware wallets.
Just imagine if those hardware wallets get penetrated then there is no such thing as a safe place for our crypto currency.
But other than that I think most of the problem is up to us to avoid just like scam it is our choice if we want to avoid it or be scammed most of us are too greedy that they would get scammed easily.

This shouldn't be a concern for you anymore because you have grown well in cryptocurrencies and I think you're using a hardware wallet which is more effective for people that want stronger security.

And as for exchange accounts, there is 2FA that you can activate for the 2nd layer security of your balance. That's why whenever someone gains access to your account, they will hardly take your balance because you have activated the 2FA feature.

Agree when you use hard ware wallet for saving your altcoin assets, how ever is the best place very safety keep hold and save your altcoin assets although with long term holding, my friend have use hard ware wallet and their assets keep safety after for long term but for online wallet it safe but when you use wrong link you will lost your assets later.

For me, the security of common exchanges and wallets. How many times they have been attacked by the hackers? Even though they are claiming to have a highest security they can offer, but still there security isn't that 100% secured at all. I experienced the hacking account issues before that gave me a lesson to always set 2fa.

On the other hand, I always have a concern with the reputation of cryptocurrencies especially with bitcoin. In most cases, it was used as a back up for illegal purposes that may drag the bitcoin's name down. This concerns me for the reason that it may have an impact for fully adoption of it in various areas.

For me, security is the highest concern issue in this platform, When a hacker focus on your account, then how could you escape from this type of stage? I don't know what to do? so in this sense, if you can check for your security purpose then you may have not any concern here, but the scammer is not a problem at all, just you need to be cautious about every step and make every decision after a proper analysis on this regard, basically, those people who are not aware of the scammers those are really affected to this platform, so need to be patience, make a slow and steady way to get a anything.

Most of the time, we want to have the maximum security over bitcoin transaction. But we aren't really happy if our information and transactions will be monitored. we often ask ourselves, who will be responsible about it? For me, it is not always that bitcoin should be responsible. Take note, we are the one who are making transaction and have the total control over our bitcoins in the market. So, whenever a breached or some faults happen, we should also consider blaming ourselves not keeping our funds in the safest place possible.

when using cryptocurrency honestly I personally am very worried about scammers because apart from that problem of course we already know how to avoid those problems, unlike scammers who are very difficult for us to predict because they are certainly very good at making projects or platforms that are attractive to many people to try to invest in their projects, and now it's not surprising that some people suffer losses due to the actions of scammers.

don't know about 6 safety concerns , but the ones I'm concerned about are hackers and scammers
I'm not an easy target for something fishy , I can sniff when they plan to deprive me of my well earned coins from a mile :)
but nevertheless you never say never and some attempts I experienced were very creative , people fall for it easily
hackers take the matters out of your hands an if you are targeted by a pro , you are in trouble
the good news , most of the hackers are not interested in the targets like me , they shoot for bigger fish
but it is unsettling to send money to exchanges with all of the news of lost funds and whatnot
every time you want to sell or by it is like fueling paranoia , checking if the money is still there in the account, haha

The management of the transaction fee can be impressing base on the medium of transfer. the higher the price of bitcoin the lower the value of bitcoin as transaction fee. Except for ignorance anyone should avoid exchanges and wallet with high transaction fee, I believe the low turn out for such platform with high tx fee should compel them to reduce it. There are extortioners every where and we should punish such. 

Security is top importanct as we cant control scammers now, at least there should be some security measures crypto should implement in selecting or accepting projects. May it be in exchanges or in some ICO platforms. The rest that I consider too is projects product, legalities, application they have ,platform they use and adoption. There are still many flows that are need to be solved in bitcoin or crypto space.

That's the issue we always in counter. so many of us here priority that kind of concerns because its always happen to newbies and to those even have secured their accounts. with this kind of concerns we warn every each of beginners to avoid putting too much funds in any wallet or exchange platform they own. let's be sure that our concerns is fulfilled before we take any kind of action to put too much risk in our funds.

----------------------------------------------------------------------
Spiritual Factor Authentication (2fa) may not always enhance your security. To date, this may be a weakening of your security. It is very successfully bypassed because there are attacks on SIM cards. The news. Twitter allows you to disable two-factor authentication via SMS. 07:54 / 22 November 2019
"Twitter is two-factor authentication."
The ability to disable two-factor SMS authentication was added to protect against SIM swap attacks.

“In order to access all your emails, you only need one SMS message,” the experts emphasize. Billions of Android device users are at risk of cyberattacks, Check Point experts warn. Using just one phishing SMS message, an attacker can trick a user into changing the critical network settings of a device and stealing his data. According to Check Point experts, some manufacturers of mobile devices, including Samsung, Huawei, LG, and Sony, use OMA CP with insufficient authentication, which can be used by cybercriminals. A remote attacker is able to trick a user into updating the settings of his device using a malicious proxy. Thus, he will be able to intercept a network connection, including browsers and built-in email clients. 
https://research.checkpoint.com/2019/advanced-sms-phishing-attacks-against-modern-android-based-smartphones/

Today, to all the security problems of cryptocurrency as such, the problem of cryptography is added, and this is the basis of cryptocurrency.
And after that, the value of this information will be clear:
Quantum Supremacy Using a Programmable Superconducting Processor
Wednesday, October 23, 2019
Posted by John Martinis, Chief Scientist Quantum Hardware and Sergio Boixo, Chief Scientist Quantum Computing Theory, Google AI Quantum
https://ai.googleblog.com/2019/10/quantum-supremacy-using-programmable.html
------------------
Cryptography after the Aliens Land, Bruce Schneier, IEEE Security & Privacy, September/October 2018.
Read at least the beginning of the article, it was written by all recognized genius in cryptography! I had the honor of being in correspondence with this person; he allowed me to use his quotes. This is a formality, but a fact. The fact that modern cryptography has a lot of problems is not my thoughts. Think carefully about what is written in this article.
https://www.schneier.com/essays/archives/2018/09/cryptography_after_t.html

Today, even a poorly trained user can do a phishing attack. There are ready-made programs for this. Everyone needs to know about this.

Here's a nasty fresh example of how they might attack us:

Large online services use two-factor authentication (2FA) to protect accounts. Usually its implementation comes down to the fact that in addition to the login and password, you must enter a one-time code sent in SMS or push-notification to the mobile number specified during registration. Until recently, 2FA was considered a relatively reliable anti-theft system, but now there are already ready-made tools that make it easy to overcome it.
One of them is Evilginx 2, which we will talk about. This is a reverse proxy server and a ready-made framework for performing a MITM attack to bypass two-factor authentication. Everything that is possible is automated in it.
Evilginx 2 has the super ability to create a signed certificate for a fake site using the client’s free and fully automated Let’s Encrypt Certification Authority. This helps the attacker to use HTTPS and decorate the phishing site with a green lock in the address bar. As a result, the fake is visually indistinguishable from the original. Plus, Evilginx 2 independently detects and intercepts valid cookies, and this is the main component of a successful hack.

We are used to the fact that all hacker tools are written for Linux, however Evilginx 2 is available both on Windows and as a Docker container.

6 safety concerns are too much because the most important is security and knowledge .

scammers and hackers are both covered by Securities and knowledge because if you knew how to secure your currencies and you have a knowledge about the strategy of scammers and hackers then you can prevent them from entering your way.

also exchange is not worth letting for your assets to stay longer because they are steps away from being victim of hacking so keep safer.

The number of bitcoins lost due to the loss of keys or the death of the key keeper is huge and is growing every year. The theft of our confidential information, passwords - is growing. I get new confirmations of my position that new passwordless and keyless systems will be in demand. Here is a fresh example.
Positive Technologies experts summed up the results of the third quarter of 2019. Every fifth attack was directed against individuals, with almost half (47%) of all data stolen from them - these are credentials in various systems (logins and passwords). For example, the Clipsa Trojan is able to covertly “mine” cryptocurrency, steal passwords, change the addresses of crypto-wallets, and also launch brute force attacks against WordPress-based sites.

Security is lacking in mobile applications.I don't really trust them.In the play market(android) can add anyone who wants.As a result, only the end user can suffer.

Concerns? Maybe we should consider the high rate of exchange in bitcoin and also the account should be more secure. Maybe security questions will do to make our wallet more secure and less in worries with hackers. About scammers I think, there are no scammers if there is no victim so let's are careful enough to join some bounties or some campaigns that are not legit so that no one will scam here.

These are not just fears, nothing is more serious than threats of cyber fraud. The facts speak for themselves:
"According to CipherTrace, this year's total losses from theft of cryptocurrencies and other types of fraud amounted to 4.4 billion U.S. dollars."

the biggest loss is also seen in many frauds in the name of crypto, for security I am sure that the system has been designed properly although there is still hacking that occurs. while fraud, can be secured by yourself and also some regulations that are formed.

In such a system, the private key must be stored only on paper. Exclusively. All modern digital storages - only seem reliable. And this illusion only works until the time that professionals are interested in you.

I don't have 6 concerns I only have 1 and this is the widespread of scam ICO and IEO, hacking incidents and many more affecting crypto from being accepted, and becoming mainstream. These are the reasons I fear because the government of my country may also ban the use of bitcoin and consider this illegal and detain any person who is arrested and proven to have bitcoin hold.

---------------------------------
And how can the government (or someone else) establish the ownership of bitcoin? Is your personal data recorded on the blockchain? What tools can be used against you?

I've known crypto for over 2 years now so somehow I could easily spot a scam so I think I am safe in that part. My only concern is the security of my crypto wallet. I'm using an app on my phone and since everything was processed online, I got no hold if that app company goes "poof" in an instant taking all my money. I'm can't think of any solution on how I could feel secure when it comes to my e wallet.

Are you sure that you already knew the scams or not?Or you are saying this bcause you don’t really invest in any form that’s why there is no chance that you will be a victim?lol

But about the wallet issue?better have other option and don’t just rely on your local wallet .

The biggest concern I have is that Bitcoin does not have a rational economic model. There needs to be a way to attenuate the supply and distribution of who gets the currency if the economics of a situation require it.

These words are somewhat contradicting.lol He said that he knows and easily spot scams but talking on the basic safety of your assets when it comes to storage he do much prefer on an app to his phone?

When it comes to safety concerns then i would prefer on having those all sorts of things coming from your own personal wallet and then thru exchangers.

I'm really careful if we're talking about making deals and avoiding scams, and about wallet protection, I'm using usually blockchain wallet and I think it's really good, but I'm still thinking if I split my funds into more wallets or no. I'm just thinking to at least if somebody hack my wallet, I don't lose all my money, so it's kind be better to split it.

Well, you are right in the wrong way. Web wallet does not support private key and you did not have full control of your privacy. Remember this always that, if you dont have a private key then your stored cryptocurrency does not belong to you. Crypto enthusiasts are always looking for a good and safety wallet and also the feature of the high label security. Electrum and hardware wallet is the best choice like ledger and trezor, as of now, I may conceder these wallets are good.

Website wallet like myetherwallet I think support using private key and not more safety than using offline wallet like nano ledger, but for beginner can use website wallet without have purchase first and after getting many coin reward from bounty campaign and airdrop project move to their nano ledger wallet to keep safety for long term holding their coin assets.

If i say in one word it is full and final security of my wealth. As its connected to money transaction so that if i invest a large amount of my savings who will give me security. In normal system local bank report to central bank and if local bank lose their money central bank refund but crypto?

i think no ans here.

I am not a day trader nor I invest through centralized crypto exchanges. I m a long term hodler. My biggest and only fear is security of my wallent. I fear one day I see security of my wallet is compromised  and all my coins are transferred to another address and I cant do anything for that :(

Many new people who jumped into the crypto world are negligent and only aim to get profit. But they are not aware of many scammers who lurk them. The need for education about cryptocurrency is very necessary to avoid scammer projects. do not be interested in big discounts given by scammers.

So we must not be greedy and only affected by hype and fomo. We have to really understand what we are going to do, moreover more and more fraudsters are targeting newbies to be easily deceived by investing a few dollars and will get profit many times over. Remember, there are no instant benefits, everything needs a process.

I have some own concerns in the crypto space. Wallet protection is a big factor because scammers always try to find out your weak point to attack for stolen your assets. Investment in crypto currency that is my second concern because you have to know how you can be control your money safely in this space.

My top concern is shitty coin that keeps coming to scam people of their bitcoin after then they dump their bad coin on investors while they go and enjoy the bitcoin. This has made investors to be fearful and new comers viewing cryptocurrency as a paradise for scammers which is not true.

We can't blame them either cause that is what we could see right now. Definitely, we can't get assurance in crypto investment especially when you are investing new projects. But if you know already this kind of drama you know what would you do in order to keep safe.

And with that, I will raise some concerns that I think and most of us experiencing this one;
* Exchanges exit scam
*Sprouting of new projects( shit/scam)


Fees can be manageable (depending on the exchanges we used)
Wallet safety assurance- will also matter because it is prone to hacking but we can avoid it if we handle our keys carefully.

--------------------------------------------
Keys must be handled very carefully. This tactic will save smart, neat and careful. But not everyone can stand it! And statistics show that the outdated key technology every year, step by step, steadily, is losing ground. It must be changed to keyless, post-quantum technologies. If everything was as good as it seemed to the crypto owners who had lost nothing, then there would not be a search for new solutions, and of course, we are watching the NIST contest on this topic.

Maybe I have lots of them, but first I don't like that the fees for transactions increases when the price is in Bitcoin. Just like during the last bull run the fees for transaction was really high, and I even paid up $8 plus for a transaction of around $300. So, I was wondering - a lot of people have said that the price of Bitcoin will increase to a million or something close to that, so will the fees also increase? Because, if I had to pay up to that amount of fees for a transaction when the price for Bitcoin is at $20,000 I might as well have to pay up to ten times or more when the price gets to what they have been predicting.

There should be lots of safety concern, we must take care for a safer stay with cryptos. It is very much similar to how we are doing in our real life because taking safety measurements for  cryptos is not having big differences from life's other things.

My only concern is that china has taken steps to create their own crypto currency and banned it from exchangers and in crypto currency.
Because if this is going to be successful then other countries can follow it too and this is what I hope never happens.

What does content creators have to do with it? I think this point can simply be deleted.

My major concern amongst the three points you have raised, is exchange protection. Crypto exchanges are critical to the growth and future mass adoption of bitcoin and other cryptocurrencies. If the integrity of these exchanges are not intact, adoption and growth of cryptocurrencies will be hindered as people will find it difficult to exchange their crypto to fiat and vice versa.