Biggest threat to the future of Bitcoin?

[freebutcaged]

There are none, think about it whatever happens the longest chain will stay the Bitcoin, what ever happens the majority will agree on a fix

And then deploy the fix, the only threat that I could think of is the governments buying as many Bitcoins as possible to limit our usage and

If someone has for example 18M BTC then people will have no other choice other than either buying at whatever the seller is offering or just

Use another coin instead then that coin will have a bigger total supply than Bitcoin and governments would have to start buying that as well

Then people will move to another coin and so on and on, governments will always have to buy the coins off the market while we just laugh

At them and earn our profits.

[dihari]

The biggest threat for bitcoin in the future is bitcoin it self. Honestly signs of it is actually visible. High fees, pending confirmation. You can't make something to be your current payment if it needs almost a week to sent. You can't use it if it need more than 2 dollars fee to send only 200 dollars.
It's not solve, and I think it can't.
A new crypto payment will born and replace bitcoin price. Not now but I believe it will very soon.

[Windpower]

Bitcoin still has an extremely long future ahead of it, over a hundred and twenty years more until more Bitcoins stop being created. We definitely won't be here to see what happens then, but we sure as hell can make predictions now. I think that the biggest threats to Bitcoin, at the moment, are the high fees and lack of users. In relation to the lack of users, Bitcoin currently doesn't have that many users when compared to other investments such as gold and silver. However, the number of users is rising rapidly and soon, a lot more people will be using it. The bigger problem is the high fees. If the fees stay at this high amount or even go up higher, not many people are going to be investing in Bitcoin and the price is just going to drop. Hopefully the transaction fees are lowered soon.

[BlackPanda]

The biggest threat for bitcoin in the future is bitcoin it self. Honestly signs of it is actually visible. High fees, pending confirmation. You can't make something to be your current payment if it needs almost a week to sent. You can't use it if it need more than 2 dollars fee to send only 200 dollars.
It's not solve, and I think it can't.
A new crypto payment will born and replace bitcoin price. Not now but I believe it will very soon.

Bitcoin is threatened to lose a lot of users when transaction fees get bigger. Many people increase transaction fees to speed up the bitcoin sent. I am one of the active users of bitcoin, and currently I feel disappointed because bitcoin is getting more expensive in transaction fees. If this can not be handled maybe another altcoin will be able to replace bitcoin in the future.

[freebutcaged]

The biggest threat for bitcoin in the future is bitcoin it self. Honestly signs of it is actually visible. High fees, pending confirmation. You can't make something to be your current payment if it needs almost a week to sent. You can't use it if it need more than 2 dollars fee to send only 200 dollars.
It's not solve, and I think it can't.
A new crypto payment will born and replace bitcoin price. Not now but I believe it will very soon.

That is for sure mate, assuming that 21M Bitcoins is the total supply, what happens if some one(government) buys every coins from the market and

Refuses to sell to anyone? there you have your way of removing Bitcoin from the equation, what governments have so much of it is money.

And when price increases too much that mining would be only possible by starting a minimum of 50K equivalent of current S9 miners just to

Mine a single coin in 10 days, people will definitely move to another coin. so you could also consider the difficulty increasing way too much as

A potential threat for people to abandon Bitcoin in next 25 years.

[HasHe]

Obviously there a lot of ways to answer this question but I want some smart views on what could legitimately hurt the future of Bitcoin or cryptos in general.

Technology:
-I am not a computer coder but could someone explain to me yes or no, is it possibly for a future technology like an advanced AI to crack the code for private keys in the future?
-Couldn't there also be a new form of crypto maybe ether, or maybe something more advanced to overtake Bitcoin at the top spot? It seems like there is still room for the decentralization of everything coin or something similar to be developed with characteristics that outshine everything on the market today. 
-Or could something be developed outside of the crypto universe that makes this technology obsolete?

Government regulation:
-I am not as concerned about this topic due to the inability for governments to actually control the currency, basically a situation where sanctions could be imposed but they can't actually stop the overall process of transferring coins. Is this assumption wrong?

Governance within the block-chain:
-Ok so I am not going to pretend to know a lot about this subject but I believe we have a fork in August coming up which has a lot of people up in arms it seems. Why is this such a big deal?
-Miner Fees are pretty straight forward but doesn't seem devastating as a whole, is this wrong as well?

Well I guess I have more questions than insight, but I guess that is better than "Is Bitcoin going to $1000 tomorrow?" threads.

Jeezy

it is said that the security of bitcoin would be compromised when quantum computing would be introduced in future.But it may take hardly twenty more years for it to be introduced.But we could hope that the core team would take necessary precautions to avoid such disaster.

[Denker]

The biggest threat imo is social engineering, psyops, spreading missinformation, divide and conquer tactics!
We already see this happening from time to time.
As Bitcoin can't hardly be beaten technology wise, this are the methods which will be used.
And the more Bitcoin will be worth, the bigger the influx of new uninformed noobs, who come here for the quick buck and don't understand the reason why Bitcoin was created in first place, the more likely it is for the attackers to be successful with this methods!
So it's to us to explain the newbies what Bitcoin really is about! Financial sovereignty for what a as much decentralized as possible base layer is a must!

[phr0stbyt3]

Only the miner fee thing seemed really important for the future , as far as government is concerned it isn't going to affect much. Take the case of china itself unofficially it is illegal to trade bitcoin what i mean by this most of them are aware bitcoin is not allowed and government can do some ban or something anytime but at end of the day the most trade volume occurs on chinese exchanges

[Indrawan77]

The biggest threat for bitcoin is unable to handle the transaction fee problem, with only this simple reason there will be another coin that able to replace bitcoin position and because of this reason there has been a rumor of forking, this kind of things can weakened the bitcoin and with the less interest from the users, bitcoin will die

[Rahar02]

in addition to all that, the only other thing that can hurt bitcoin the most is its users in my opinion.
mostly the users who don't understand bitcoin at all. they see it as a plaything to make money only and make it fast. they have weird expectations from bitcoin and when they are not met they start thinking it is dead.
and one more thing is many who have started calling bitcoin just as an store of value. and this will haunt us in the long term if more people stop wanting bitcoin as it should be (a currency) and want it only as an store of value.

Because the way to use bitcoin as a currency still far away ahead, long time confirmation and high fees become the major problems right now. After that problems resolved, we have to convince many people that manage business, merchants, groceries, stores and others to accept bitcoin payment. It will be different in every country of course as first world countries already have many places which accepted bitcoin payment. So, people treating bitcoin as store of value right now because its price increase significantly every year, one of bitcoin advantages.

[ASHLIUSZ]

The biggest threat for bitcoin is unable to handle the transaction fee problem, with only this simple reason there will be another coin that able to replace bitcoin position and because of this reason there has been a rumor of forking, this kind of things can weakened the bitcoin and with the less interest from the users, bitcoin will die

There is no big threat to the bitcoin because of the altcoins that are getting more potential. Now this transaction fee issue to has got an solution with segwit2x activation by few mining pools. Forking or other splitting will never gonna cause defect in the growth as it is completely not supported.

[Oceat]

Obviously there a lot of ways to answer this question but I want some smart views on what could legitimately hurt the future of Bitcoin or cryptos in general.

Technology:
-I am not a computer coder but could someone explain to me yes or no, is it possibly for a future technology like an advanced AI to crack the code for private keys in the future?
-Couldn't there also be a new form of crypto maybe ether, or maybe something more advanced to overtake Bitcoin at the top spot? It seems like there is still room for the decentralization of everything coin or something similar to be developed with characteristics that outshine everything on the market today. 
-Or could something be developed outside of the crypto universe that makes this technology obsolete?

Government regulation:
-I am not as concerned about this topic due to the inability for governments to actually control the currency, basically a situation where sanctions could be imposed but they can't actually stop the overall process of transferring coins. Is this assumption wrong?

Governance within the block-chain:
-Ok so I am not going to pretend to know a lot about this subject but I believe we have a fork in August coming up which has a lot of people up in arms it seems. Why is this such a big deal?
-Miner Fees are pretty straight forward but doesn't seem devastating as a whole, is this wrong as well?

Well I guess I have more questions than insight, but I guess that is better than "Is Bitcoin going to $1000 tomorrow?" threads.

Jeezy

I think one of the biggest threats is Government regulation, because without government support the bitcoin will continue to run in place. Bitcoin will be difficult to develop and may be left behind its users. But when the government supports bitcoin I'm sure bitcoin will be a calculated commodity, bitcoin can be one of the financial elements in the world. And everything can change for the better than it is today.

I wonder if the anonymity of bitcoin will still remains if the government takes in-charge of it. Some banks doesn't recognize the bitcoins yet, others accept it. I think the government is the threat of bitcoins and other digital currency in the future because if will imposed some kind of regulation, i think some of the bitcoin users will begin to down concerning about their anonymity. This is just my own speculation if ever that happens in the future.

[crairezx20]

The biggest threat for bitcoin is unable to handle the transaction fee problem, with only this simple reason there will be another coin that able to replace bitcoin position and because of this reason there has been a rumor of forking, this kind of things can weakened the bitcoin and with the less interest from the users, bitcoin will die

For now we are halving this issue but after activating segwit we will see what will be the cause.
Bitcoin will be still awesome choice to invest than the other altcoin since bitcoin are still acceptable by many site not only here in forum and gambling casinos..
Its impossible that bitcoin will be die in the future.. the developer are still doing their jobs but they are just need the opinion of miners what will be happen in bitcoin if they activate segwit through BIP148 or forking .. developer will be still choose what will be the best and if they don't test they don't see the effect or a best result..
Maybe will be the big threat in the future if there are someone can crack the private keys or bruteforce using more advanced super pc.. I hope it won't be happen in the future..

[bluefirecorp]

The biggest threat for bitcoin in the future is bitcoin it self. Honestly signs of it is actually visible. High fees, pending confirmation. You can't make something to be your current payment if it needs almost a week to sent. You can't use it if it need more than 2 dollars fee to send only 200 dollars.
It's not solve, and I think it can't.
A new crypto payment will born and replace bitcoin price. Not now but I believe it will very soon.

If your points are perfectly right then those threats are easily solvable as those are just part of every system and solutions are always leading to enhancements.

I big threat I am suspecting is Government/central banks interventions because they only may lead to big negative impacts. But I am sure those impact might give only short term effects like for one or two months as basically bitcoin does not need any support from Government/central banks.

[bitllionaire]

Obviously there a lot of ways to answer this question but I want some smart views on what could legitimately hurt the future of Bitcoin or cryptos in general.

Technology:
-I am not a computer coder but could someone explain to me yes or no, is it possibly for a future technology like an advanced AI to crack the code for private keys in the future?
-Couldn't there also be a new form of crypto maybe ether, or maybe something more advanced to overtake Bitcoin at the top spot? It seems like there is still room for the decentralization of everything coin or something similar to be developed with characteristics that outshine everything on the market today. 
-Or could something be developed outside of the crypto universe that makes this technology obsolete?

Government regulation:
-I am not as concerned about this topic due to the inability for governments to actually control the currency, basically a situation where sanctions could be imposed but they can't actually stop the overall process of transferring coins. Is this assumption wrong?

Governance within the block-chain:
-Ok so I am not going to pretend to know a lot about this subject but I believe we have a fork in August coming up which has a lot of people up in arms it seems. Why is this such a big deal?
-Miner Fees are pretty straight forward but doesn't seem devastating as a whole, is this wrong as well?

Well I guess I have more questions than insight, but I guess that is better than "Is Bitcoin going to $1000 tomorrow?" threads.

Jeezy

it is said that the security of bitcoin would be compromised when quantum computing would be introduced in future.But it may take hardly twenty more years for it to be introduced.But we could hope that the core team would take necessary precautions to avoid such disaster.

i do not think so i am sure that at that time bitcoin will be more secure, because with the passage of time bitcoin also need amendment, and hope that we are not gong to face any such kind of situation in bitcoin life.

[Weatherby]

And then deploy the fix, the only threat that I could think of is the governments buying as many Bitcoins as possible to limit our usage and

Do you think that a government could literally use the public fund and start investing in bitcoin,it is a good day for me as i am having a good laugh most of the time here as people will be commenting about things they really does not have a clue.The major threat is the lack of network upgrades and the delay it takes.

[Heartilly]

Currently I can't think of a threat for the future of bitcoin.

About the current fees, there are already proposed plan about it and this was being discussed for long time so I think even a bit, we can expect that fees and slow confirmation time will be no problem in the future. What else? Support from people? If bitcoin will be much better then I see no reason why people will not continue to use and support bitcoin.

But like I said, it's just for now that I can't see any threat. Maybe for the upcoming depends on the situation.

[BitcoinPC]

Mostly, like any other good business object, the problems are the people. They abuse the system, have unrealistic expectations and then get mad when those are not met and they generally jack the system up. But, it will survive and we will survive and we are all the better from day one because Bitcoin came around.

[virasog]

The biggest thing that will slow adoption is the need for confirmations.  There is also the fast changes in the price values and the fact that too many people dive into the game without fully understanding the facts.  There are many people that get a handful of knowledge and have just enough to make a mess of their affairs and then that is magically the information that makes it to the public news. 

[Supercrypt]

The biggest thing that will slow adoption is the need for confirmations.  There is also the fast changes in the price values and the fact that too many people dive into the game without fully understanding the facts.  There are many people that get a handful of knowledge and have just enough to make a mess of their affairs and then that is magically the information that makes it to the public news.  

I believe the problem of slow confirmations and highly fluctuating market prices are will be tolerated by highly knowledgeable adapter. Only those people who are getting into bitcoin ecosystem without gaining enough knowledge on different aspects of bitcoin ecosystem might be facing these as big problems. When people are having sufficient knowledge to understand how a new system will be working, I believe there will not be any stopping for the progress.

In my view, those ransomware hackers are highly vulnerable for damaging the reputation of bitcoin among common people and to politicians of big countries. We should not create any bad image for bitcoin that might lead to bad consequences. This alone seems as a big threat to the bight future of bitcoins.