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Author Topic: What do you think are the biggest threats to Bitcoin prices in next 12 months  (Read 782 times)
vroom
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September 01, 2017, 07:13:01 AM
 #21

The biggest external threat is from governments and various attacks on the infrastructure, such as spam transactions, forks, poor reporting.

As an internal risk, I see high transaction fees and duration.

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September 01, 2017, 07:20:44 AM
 #22

The biggest problem I see is the segwit2x situation.
When I look at the current numbers, there seems to be a support for segwit2x of over 90% of the miners at the moment. And big parts of the bitcoin industry too.
In case it really comes to a fork, what would be left of bitcoin?
And what coin would be called bitcoin?

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September 01, 2017, 07:23:36 AM
 #23

Governments making laws that forbid Bitcoin. Also if the community ends up so divided that no good decisions are made. Bitcoin needs to grow and if people in the development can't decide on what to do there will be chaos. If Bitcoin hits mainstream before Bitcoin is ready then people's faith in it could fall apart.

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September 01, 2017, 07:34:23 AM
 #24

As we can see bitcoin is growing and growing up, in the last time
More people are interested to bitcoin and digital currencies
I think that the price of bitcoin and alternative coins, can only grow up in next 12 months and in the future time
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September 01, 2017, 07:36:18 AM
 #25

The biggest threats from my perspective:

a.) Quantum computing

b.) Governmental decisions

c.) World War

All the best

B.D.
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September 01, 2017, 07:52:24 AM
 #26

if the threat to bitcoin may be from increased altcoin prices and bitcoin prices getting worse and nobody wants to invest with bitcoin, but anyway bitcoin will not be rivaled with other altcoins.

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September 01, 2017, 08:00:36 AM
 #27

I would say none, not at least in the next 12 months. Nobody is noble enough to kill their own profit for the longer journey at least for now. No FUD, Segwitx2 or alternate coins is going to be a threat to BTC in the next 12 months but anything beyond that is very hard to say.

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September 01, 2017, 08:24:27 AM
 #28

The biggest threat will be the hardfork, as we can see last August we witnessed the born of BitcoinCash and because of that problem the Bitcoin price is falling down, luckily there were still a lot of Bitcoin supporters so Bitcoin can recover, but this kind of problem had made investors afraid to put their money and traders also hesitate to made a move

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September 01, 2017, 08:31:20 AM
 #29

And more importantly when?

I subscribe  to another financial site concerning house prices and the economy, a few of them have got cold feel over bitcoin, not me I might add Smiley


I don't see any threats to bitcoin, because bitcoin faces several circumstances before and last was BCC/BCH but look what happen, instead the value will get down which most of the community felt fear about what will happen on August 1, 2017 but bitcoin goes up at that moment at the first week of August. Just stay and calm then still have Faith in bitcoin as well too.

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September 01, 2017, 08:34:18 AM
 #30

And more importantly when?

I subscribe  to another financial site concerning house prices and the economy, a few of them have got cold feel over bitcoin, not me I might add Smiley


Some people are crying that bitcoin cash is a threat, but I really don't feel it is, I feel it shall disappear soon, then there is a threat of government that's always been there and will always be there, many countries are yet to accept some yet consider it illegal and way for terrorists, other than that the usual if any more forks take place, or suddenly miners go berserk and increase fees, however considering recent trends and prices I don't see any issue, if you have coins I would say keep them locked away for huge profits.

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September 01, 2017, 08:37:25 AM
 #31

The biggest threats from my perspective:

a.) Quantum computing

b.) Governmental decisions

c.) World War

All the best

B.D.
It's kind of weird that I used to think that this would be pretty much the key things that would cause Bitcoin to go lower in price yet I think that it would all help Bitcoin.

-Quantum Computing will help with the mining of Bitcoin

-Governmental decisions will increase the price of Bitcoin

-World War will help increase the price of Bitcoin because there will be much less people to spend Bitcoin

I think the largest threat that Bitcoin has right now is a large group of people making Altcoins tied to a hard fork that allows Bitcoin airdrops to happen so people can dump that altcoin on Bitcoin holders so they can get more BTC.

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September 01, 2017, 08:45:04 AM
 #32

The biggest threat will be the hardfork, as we can see last August we witnessed the born of BitcoinCash and because of that problem the Bitcoin price is falling down, luckily there were still a lot of Bitcoin supporters so Bitcoin can recover, but this kind of problem had made investors afraid to put their money and traders also hesitate to made a move

If there's anything that the hard fork did to bitcoin, it was giving the masses enough confidence to continue on investing since it overcame the potential crash due to the split. I myself expected that after the fork, we would be seeing a big fat crash on the side of bitcoin but it didn't.

The biggest threats from my perspective:

a.) Quantum computing

We are far from perfecting quantum computing, let alone taking it to perform complex computations to the sole purpose of cracking bitcoin.

b.) Governmental decisions

Another Chinese drama? We've had enough of it in 2014-2015 and seriously, it hasn't affected the price in any way.

c.) World War

Possible, but from my perspective this is yet another Cold War happening right now to just show who has the biggest dick of 'em all.

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September 01, 2017, 08:57:32 AM
 #33

Governments making laws that forbid Bitcoin. Also if the community ends up so divided that no good decisions are made. Bitcoin needs to grow and if people in the development can't decide on what to do there will be chaos. If Bitcoin hits mainstream before Bitcoin is ready then people's faith in it could fall apart.
i don't think that government laws or any thing will be more effected to it like any one else. i think the main threat is other crypto and its transection time and transaction fees. there are a lot of people who are worring about its transAction fee.
which is not suitable for them and if any currency will be able make no transAction fee rule like "IOTA" and start developing than definatetly it will effect its price and users.

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September 01, 2017, 09:15:39 AM
 #34

the biggest threat to bitcoin is always going to be its users in my opinion.

bitcoin is decentralized and the burden of supporting it and keeping it strong and alive will always be on the shoulders of every single user that is involved with bitcoin. some more than others. for example the miners and those with a full node have a bigger influence than someone with an SPV wallet and a small sum of bitcoin.

if people educate themselves and stay aware of everything that is going on with bitcoin, there is nothing in the whole world that can threaten bitcoin.














 

 

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September 01, 2017, 10:48:50 AM
 #35

The price of bitcoin has been speculating almost on daily basis and with the look, its biggest threat will be from the government. Immediately the government takes over bitcoin, it will affect the miners and traders which might lead to a down fall of bitcoin in future.

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September 01, 2017, 10:58:58 AM
 #36

Transaction Time is BTC biggest threat, not fast enough for micro payments

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September 01, 2017, 11:54:55 PM
 #37

There are a lot of things that can hinder bitcoin adoption, or potentially cause serious harm. There is already a proposed 2x hardfork potentially going to happen soon (in my personal opinion is an attack), the 51% attack, exchange manipulation, exchange regulations, AML/KYC overreaching, FUD, countries banning bitcoin, bitcoin cash, hackers... There are always so many forces acting on bitcoin it is amazing it is still standing strong, I love it.

Yes, I agrees with you on that things mate, even there's so many attempted to turn down bitcoin, but still up to now bitcoin stand still and became more stronger. And what good about it the demand of the bitcoin users and whale investor was also supported bitcoin in times like this of bitcoin faces circumstances.
No one can take down the mother of crypto currencies. Let them put as many hurdle as haters can in the way of bitcoins and let them learn a lesson for lifetime when BTC will crush all these freaky little jerks beneath its feet. Never ever underestimate Bitcoins and its community!
Sorry! Got a little bit overemotional

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September 06, 2017, 06:21:05 AM
 #38

There are a lot of things that can hinder bitcoin adoption, or potentially cause serious harm. There is already a proposed 2x hardfork potentially going to happen soon (in my personal opinion is an attack), the 51% attack, exchange manipulation, exchange regulations, AML/KYC overreaching, FUD, countries banning bitcoin, bitcoin cash, hackers... There are always so many forces acting on bitcoin it is amazing it is still standing strong, I love it.

Yes, I agrees with you on that things mate, even there's so many attempted to turn down bitcoin, but still up to now bitcoin stand still and became more stronger. And what good about it the demand of the bitcoin users and whale investor was also supported bitcoin in times like this of bitcoin faces circumstances.
No one can take down the mother of crypto currencies. Let them put as many hurdle as haters can in the way of bitcoins and let them learn a lesson for lifetime when BTC will crush all these freaky little jerks beneath its feet. Never ever underestimate Bitcoins and its community!
Sorry! Got a little bit overemotional


LOL. Well, my friend I appreciate your honesty and commitment to Bitcoin, but you should never say never. It is possible a new coin could overtake Bitcoin, just like Facebook did to MySpace!


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September 06, 2017, 11:59:59 AM
 #39

There are a lot of things that can hinder bitcoin adoption, or potentially cause serious harm. There is already a proposed 2x hardfork potentially going to happen soon (in my personal opinion is an attack), the 51% attack, exchange manipulation, exchange regulations, AML/KYC overreaching, FUD, countries banning bitcoin, bitcoin cash, hackers... There are always so many forces acting on bitcoin it is amazing it is still standing strong, I love it.

Yes, I agrees with you on that things mate, even there's so many attempted to turn down bitcoin, but still up to now bitcoin stand still and became more stronger. And what good about it the demand of the bitcoin users and whale investor was also supported bitcoin in times like this of bitcoin faces circumstances.
No one can take down the mother of crypto currencies. Let them put as many hurdle as haters can in the way of bitcoins and let them learn a lesson for lifetime when BTC will crush all these freaky little jerks beneath its feet. Never ever underestimate Bitcoins and its community!
Sorry! Got a little bit overemotional


LOL. Well, my friend I appreciate your honesty and commitment to Bitcoin, but you should never say never. It is possible a new coin could overtake Bitcoin, just like Facebook did to MySpace!
Overtaking bitcoin is very possible but as long as the development of bitcoin is still good and there is still a lot of people who are using bitcoin then there is no reason for bitcoin to be taken over. Bitcoin is the best cryptocurrency as of now and i believe that after 12 months there is still a chance for bitcoin to stay at the highest rank.

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September 07, 2017, 12:32:16 PM
 #40

There are a lot of things that can hinder bitcoin adoption, or potentially cause serious harm. There is already a proposed 2x hardfork potentially going to happen soon (in my personal opinion is an attack), the 51% attack, exchange manipulation, exchange regulations, AML/KYC overreaching, FUD, countries banning bitcoin, bitcoin cash, hackers... There are always so many forces acting on bitcoin it is amazing it is still standing strong, I love it.

Yes, I agrees with you on that things mate, even there's so many attempted to turn down bitcoin, but still up to now bitcoin stand still and became more stronger. And what good about it the demand of the bitcoin users and whale investor was also supported bitcoin in times like this of bitcoin faces circumstances.
No one can take down the mother of crypto currencies. Let them put as many hurdle as haters can in the way of bitcoins and let them learn a lesson for lifetime when BTC will crush all these freaky little jerks beneath its feet. Never ever underestimate Bitcoins and its community!
Sorry! Got a little bit overemotional
I think there are not exactly any serious threats to bitcoin prices. Not only in the coming year but for all the future, because bitcoin is going very fast. Why it is growing, just because the people have faith in it and they trust bitcoin. That’s shy hundreds of thousands people have mined bitcoin and are holding it. They have invested a huge amount. So if they felt that there is any threat, they will alreadysold their bitcoin.














 

 

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