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Author Topic: What Are Your Greatest Fears As a Bitcoin Holder?  (Read 2219 times)
TechDirectory
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November 02, 2017, 12:06:03 AM
 #1

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

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November 02, 2017, 12:33:16 AM
 #2

The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.



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November 02, 2017, 12:40:29 AM
 #3

My greatest fears in bitcoin is when the time comes that bitcoin will be at lowest value. If this happen, we all of us will suffer from dumping in it. But for now that was impossible to come because as we see.  Bitcoin is unstoppable from increasing its value

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November 02, 2017, 12:41:20 AM
 #4

1 If the bitcoin becomes a bubble and burst. This will be linked to the flash crash but this time that looks impossible.
2 If the exchange site will be banned in the various country because of the exchange site as a centra key in the bitcoin or crypto.
3 Too many hackers, scammers in the crypto.

A lot of the things that makes me fear about the bitcoin itself. But the politic and regulatory seems to be a serious thing rather than other.

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November 02, 2017, 12:43:23 AM
 #5

When my country ban bitcoin and when bitcoin is impossible to be purchased for being too expensive sometimes i scare about how if my assets got hacked by hacker.

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November 02, 2017, 12:44:03 AM
 #6

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

The only fears that as bitcoin holder is the possible hacking into my onlinr wallet. I believe that if the hacker is clever and good in doing such evil activity ,he can able to steal any bitcoin online wallet. Thats is very discouraging if that happend.

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November 02, 2017, 12:57:37 AM
 #7

My biggest fear as a bitcoin holder is for it to become nuisance and it to be considered as a invaluable in the real market for conversion.

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November 02, 2017, 01:00:30 AM
 #8

My biggest fear as a bitcoin holder is for it to become nuisance and it to be considered as a invaluable in the real market for conversion.

This kind of fear is for altcoins only and not applicable on bitcoin holders. There so many merchants that already accepting bitcoin as payment especially on Asian and EU country that widely supports bitcoin, So there is no need to fear that someday Bitcoin will be worthless because the price now is too high and far from being no value.

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November 02, 2017, 01:02:22 AM
 #9

My fear in holding bitcoins is that, when I am hodling in my wallet. I feel that the bitcoins I am hodling will be missing because the wallet I am having has many bad reviews. But it is the reliable wallet here.



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November 02, 2017, 01:04:09 AM
 #10

At first i tell that every step in bitcoin pump. Now you see the current rate of bitcoin is 6817 usd. Its so much happy news for any bitcoin holder. And price can be up more.

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November 02, 2017, 01:09:01 AM
 #11

Hacking.this is the only fear i feel.i have put a lot of my efforts to earn those.so if they got steal i dnt knw what im gonna do

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November 02, 2017, 01:18:12 AM
 #12

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

It is true that everyone fears hacking and deceit, but there are many more problems in terms of choosing altcoins that lead to big losses in choosing to play trading, and setting up fees or entering wallet addresses is even more frequent. only the hasty man who finally made it happen. and carelessness for those who hold the bitcoin itself ..

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November 02, 2017, 01:24:32 AM
 #13

My greatest fear as a bitcoin holder is when the price drops down dip, we should not be carried away with  increasing price because there is going to be price pullback or price correction which may prompt holders dumping it invariably crash the price, I am not pessimistic about it.
More so bitcoin is prone to hackers and this is also a  disadvantage of holding bitcoin.

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November 02, 2017, 01:26:53 AM
 #14

People losing faith in the coin which will cause a price drop that can reach 0 at some point.

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November 02, 2017, 01:37:31 AM
 #15

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

I am thinking of two major reasons:

1. Satoshi holds 1 million Bitcoins, if Satoshi unloaded or sold all of his bitcoin, the price will go down. Even the normal users are afraid when this happens.
2. If a genius hacker found a backdoor to the blockchain and try to do double spending which will again, make the bitcoin price plummet down, happened in the past but it is resolved, after that bitcoin has no backdoors but no one knows, it might happen  again.



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November 02, 2017, 01:45:38 AM
 #16

Hacking.this is the only fear i feel.i have put a lot of my efforts to earn those.so if they got steal i dnt knw what im gonna do

everyone will be just like you, if you hold a lot of Bitcoin in your wallet, especially if you have a business using Bitcoin, maybe many will be encouraging you to know the weakness of your wallet, but if you strengthen the email by adding 2-step verification in email you i'm sure all will be fine.

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AriannaSantosUU
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November 02, 2017, 01:49:15 AM
 #17

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

The only fear that I have is that other people will give in to their fears and cash out their bitcoins when terrible news comes out. Government bans and top financial heads bashing bitcoin are the main culprit. Even the unbiased(?) opinions of top websites can bring bitcoin to a low.

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November 02, 2017, 01:50:59 AM
 #18

My biggest fear is losing my private key..
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November 02, 2017, 01:52:06 AM
 #19

My fear is missing out.

I missed out on the beginning.  When I got involved Bitcoin was roughly around 700 dollars a coin.  I worked hard and got up to a few Bitcoin.  Then I made the biggest mistake of my life, I bet all my Bitcoins that Hilary would win the election over Trump.  I bet 3 Bitcoins in order to try and gain about 2 more(so 5 total).  If I bet all 3 of my Bitcoins on Trump, I would have won around 12 Bitcoins.  Then Bitcoin decided to take off....Still bitter about it all!

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November 02, 2017, 01:57:40 AM
 #20

For now, my biggest fear is that my country will eventually ban on bitcoin and its involvement. There will be nothing to cash-out my bitcoins then, I have been starting to look for alternatives on how to solve this problem when it happens. Hacking may happen, but you can still earn bitcoin, but if there is no place to cash out, my bitcoin will mean nothing.

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November 02, 2017, 02:08:19 AM
 #21

The biggest fear for me of course when my country ban bitcoin.. if bitcoin ban by my country, I can't to earn bitcoin again, I can't access bitcointalk again, and I lost my online job.. I can't get Extra income.. so sad to imagine
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November 02, 2017, 02:18:49 AM
 #22

Of course the fear of others who invest in bitcoin are losing its price, as well as in the real market investors their are always on track to keep their investments monitored.

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November 02, 2017, 02:27:47 AM
 #23

Hacking is the one that I fear the most. Hacking your wallet can wipe out all of your efforts. It is so hard to earn bitcoin these days. Holding bitcoins is a long term investment. Besides hacking, there are still barriers that may affect the holding of bitcoin like bitcoin may lose its price on the way of holding bitcoin and bitcoin may be banned.

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November 02, 2017, 02:36:40 AM
 #24

I might be in the minority, but I'm honestly not too concerned with hacks and scams. I feel like I am adequately protected with the resources at my disposal. I am also paranoid in nature so I'd like to think I'm slightly more resistant to scams in general.

I fear factors I cannot control much more. These include countries banning crypto, technical vulnerabilities, etc. These, I cannot protect myself against, and are therefore, much more of a threat.

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November 02, 2017, 02:37:54 AM
 #25

my biggest fears as a bitcoin holder is if the price if every bitcoin falls down..and maybe the phillipines will ban the bitcoin because for me it's a great help to the future of a family. so it's frightening to think but the scary I will confuse In a scam there is still a lot of bad guys.thats why if i have a bitcoin i hold and cash out and use the money

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November 02, 2017, 02:40:48 AM
 #26

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

My greatest fear as a bitcoin holder is if the whole cryptocurrency will be considered as scam and it will be of no value. If that happens all of our labor and time spent working to earn bitcoin and altcoins will be put to waste, for me that would be the saddest day for all crypto users.

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November 02, 2017, 02:44:46 AM
 #27

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
As you say hacking and scam are the most worrying things we have to fear, when we are careless we can lose all our bitcoins.

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November 02, 2017, 02:52:33 AM
 #28

What I'm afraid of is hacking my account. We know that the internet is not safe and we may be robbed so we should be especially careful with downloading applications in our computers. Because others have a virus that can know all of our information. So I'm taking care of everything I do and how much I can not download the applications I do not know.

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November 02, 2017, 02:53:37 AM
 #29

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

Greatest fear would be, when all nations declared bitcoin trading as illegal.
When this happens we can't do anything about it. Bitcoin and the blockchain technology
will just be part of technology history and might just be a basis of future project, but will
not worth anything.

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November 02, 2017, 02:58:19 AM
 #30

Greatest Fear for Bitcoin Holders

losing private keys and malware and hacking attempt and more important sudden drop in price
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November 02, 2017, 03:01:02 AM
 #31

my biggest fears as a bitcoin holder is if the price if every bitcoin falls down..and maybe the phillipines will ban the bitcoin because for me it's a great help to the future of a family. so it's frightening to think but the scary I will confuse In a scam there is still a lot of bad guys.thats why if i have a bitcoin i hold and cash out and use the money

Well, I do have a fear also of banning bitcoin in the Philippines. If in case it will happen (i hope it won't) then a lot of Filipinos will find it hard to accept the situation since bitcoin is part of our daily lives. Most of bitcoin users only rely their income through bitcoin even if they have stable job.

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November 02, 2017, 03:04:27 AM
 #32

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
As the bitcoin holders my greatest fears is the bitcoin will might be destroyed or disappear. Altough is impossible for now maybe next year maybe next next year? We dont know what will happen next what if there's an problem that really serious and make thay bitcoin crisis and make people panic. So as an bitcoin holder if that happens all my investments and my holsings will be done for nothing all my bitcoin that hold for many years will become useless

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November 02, 2017, 03:07:13 AM
 #33

The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
Do not worry about this, I believe the bitcoin will last long enough we are to die, so believe in it in the future.

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November 02, 2017, 03:09:01 AM
 #34

Well my greatest fear as bitcoin holder is that loosing the wallet address due to system crash and missing the pass key along with all the saved bitcoins in the same wallet and realising that our bitcoins is worth millions and we cant help it due to loss of the key password and missing wallet id we have.There are even hackers who steal bitcoins from online wallet and take the bitcoin so is one of the reason in which online wallets are not safe.Another fear is that what if some day its value crash and everyone stop taking btc but i don't think such thing will happen as bitcoins are running smoothly and such things will never happen.

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November 02, 2017, 03:20:25 AM
 #35

1 If the bitcoin becomes a bubble and burst. This will be linked to the flash crash but this time that looks impossible.
2 If the exchange site will be banned in the various country because of the exchange site as a centra key in the bitcoin or crypto.
3 Too many hackers, scammers in the crypto.

A lot of the things that makes me fear about the bitcoin itself. But the politic and regulatory seems to be a serious thing rather than other.
Yup. The hackers and scammers presence, and fear of exchange sites shout down either by exchange authority or by the govt in the country and at time long internet break fall. I am sure, everything has its plan B. Lets always focus on it which will not stop us from being with bitcoins.

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November 02, 2017, 03:23:44 AM
 #36

My biggest fear as a Bitcoin holder is 1,000,000 Bitcoin, which is said to be owned by Satoshi, the creator of Bitcoin. It is the most frightful situation for me to put it all on the market and   collapse the price. I am not afraid of anything else but when I think about it    Shocked   Grin

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November 02, 2017, 03:31:12 AM
 #37

What I fear is that most countries in the world unite to suppress bitcoin, and if that happens, bitcoin will be destroyed. But I do not believe that one country will truly unite other countries. But the influence of hackers on bitcoin is far too small for national power.

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November 02, 2017, 03:34:03 AM
 #38

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
I'm not a bitcoin holder because i'm still earning and i know someday that i'll become bitcoin holder for me my biggest fears if the internet on bitcoin is shutdown because maybe the value of bitcoin goes again in 0 and it's a big disaster.

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November 02, 2017, 04:15:37 AM
 #39

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
When you invest in anything including btc, the biggest fear is definitely the price drop. However, for btc, it is also alarming that the government issued a btc ban. Perhaps, we all do not want this to happen, but in fact some countries have done so.

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November 02, 2017, 04:47:09 AM
 #40

My top two fears as bitcoin holder is first my country is starting prohibit all activity in bitcoin such trading, investment etc.
It will be no 1 of my fear.
The second is bitcoin price is going dump dump and dump till no value.

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November 02, 2017, 04:51:21 AM
 #41

As a bitcoin holder  my greatest fears are :
a. When my bitcoin wallet will be hacked or my password being stolen, this is my greatest fear because opportunist are everywhere and they are very smart in doing this because of there self interest.

b.When the government will ban bitcoin in my country.

c. When bitcoin is not acceptable in any exchanges and have nowhere to cash it out.

d. When the value of bitcoin falls and never increase its value.

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November 02, 2017, 05:31:53 AM
 #42

My greatest fear as a bitcoin holder are the scams that are frequently happening right now. More and more of them are emerging just to get bitcoin from us, they do all sorts of things to make you believe that they are legit and will deliver positive results from your investments. Only to know that at some point in time they will suddenly disappear and you will be left with nothing and can't really do anything to make them pay for what they did.

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November 02, 2017, 06:03:17 AM
 #43

Fear can only harm you, if you do not manage it correctly. If you for example invested $10 000 and you traded by buying low and selling high and you kept the profits from these trades until you re-cooped your $10 000, then you have no risk at all. If anything happens, you reached your ROI and whatever happens after that is pure profits with zero risk.

Work hard to cover your initial investment and be risk free. ^smile^

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November 02, 2017, 06:18:21 AM
 #44

I fear that bitcoin will just disappear out of nowhere. Like bitcoin will be banned and our savings will only be removed just like that because it's just a digital cryptocurrency.
Although, I know that its impossible to happen with this generation. But still, we may never know how long digital currency will last.

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November 02, 2017, 06:24:11 AM
 #45

My greatest fear would be none--for I know that bitcoin will continue to thrive for it is just starting if ever it will shy away from the limelight surely there will be a new coin that it will take its reign. I can clearly see the future and it is bright due to bitcoin, we just need to believe and trust the system, but not to the point of staking your future to it, all we need is balance. Early adopters are happy, so must take an example to their success.

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November 02, 2017, 06:28:32 AM
 #46

I don't fear that the value of bitcoin may drop so low because I am sure if that happen it will pump again after few days or weeks, what I am worried about holding my bitcoin in a long run is that developers of bitcoin wallet may tempt to hacked the account of most holder if the value of bitcoin increases very high and also I am afraid that if not the developer another people were able to get our account and also our bitcoin.

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November 02, 2017, 06:28:59 AM
 #47

Of course if bitcoin loose its value because we all know that there is a big possibility to disappear bitcoin and that is my greatest fear and i do not like to happen in the future because bitcoin is my best source of income nowadays.
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November 02, 2017, 06:31:41 AM
 #48

Hahahaha - all four are baseless heeheheehee thank you for tickling my funny bone.
All four addressed: Governments powerless to control bitcoin, bitcoin for almost a decade always had exchange value globally, bitcoins scarcity and resilience against THOUSANDS of other cryptos underlines the point you will not see a perpetuous fall of Bitcoin, and wallets are designed pretty safely but must always beware of operator error.

Things to be more feaful about is fiat-debt-slavery system:
Central banks control and have a MONOPOLY on credit/currency issuance in each country.

Additionally Central banks control the media in every region. Thus will TRY to influence opinion on things like bitcoin.

They will not allow competition and they've even banned bitcoin worldwide since 2013 training tellers to block/stop transactions if "bitcoin" is mentioned.

Four full years and the powerful central banks have been rendered POWERLESS TO BITCOIN'S decentralized strength.
Bitcoin keeps growing and growing in every country.

The people around the world are becoming too smart in seeing through the fiat currency schemes.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so. They can never have such domination on Bitcoin.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0



WHO WILL PROTECT ME FROM THESE HORRIBLE FIAT CURRENCY BUBBLES??
CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

Recommend reading post: "Hacks Puppets and Forks - How to destroy Bitcoin"
https://bitcointalk.org/index.php?topic=1834310.20

Bitcoin has the highest value because of the totality of what it is - if it lacked the features of what it is, then there would be no value.

If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin has all these together to make the most value and increasing more than any other financial-asset option coming from the fiat central-banking debt-system.

Though it is still very early adoption not even 1% adopted yet (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.


Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates. Central banks will never have such domination on Bitcoin.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Be wary of things outside of bitcoin especially when other things start throwing around the word 'blockchain'.
A non-decentralized "Blockchain" is a private database....Private databases has virtually no value!

BLOCKCHAIN without bitcoin = SCAMCHAINS, useless unsecure private databases
BLOCKCHAINS without bitcoin ARE SIMPLY PRIVATE DATABASES that every small business has even a coffee shop = NO VALUE, its like fiat currency, small minimal value!

BITCOIN BLOCKHAIN = SECURE IMMUTABLE VALUABLE OPEN-SOURCE DECENTRALIZED FAIR (scarce bitcoin supply). Globally people poured over $80Billion (USD) equivelent value into bitcoin and this will increase with time.




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November 02, 2017, 08:53:10 AM
 #49

My fears us a bitcoin holders is the value,
               when the time comes bitcoin losing value or going to deep dump.

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Nawaytes
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November 02, 2017, 09:09:03 AM
 #50

Actually, what you wrote above has answered your question.

But okay, I'm one of those who traded bitcoin, and the thing I'm most afraid is a disaster that will turn off all the electricity, that means no internet! and it can happen anytime. Another scary thing is the richest man who buys all the bitcoins and never sells them! Looks like he locked Bitcoin in Davy Jones's locker.

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November 02, 2017, 09:10:43 AM
 #51

Despite of hackers and spammers the another fear of holfing bitcoins is the price drop. Even the price drop will not affect a lot in the price of bitcoins but still it remains a fear in our mind about bitcoins. Bitcoins will grow some or the other day and we can relia on bitcoins but.

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November 02, 2017, 09:11:16 AM
 #52


What are the top risks for Bitcoin holders?

I used to fear Big Blockers, but now there is BCH and they have mostly stopped trying to interfere with Bitcoin.

Probably now the danger comes from people who want to increase the 21M limit or make transactions more traceable for the authorities.
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November 02, 2017, 09:18:49 AM
 #53

Biggest fear is that they becomes 1 million each and I sold my coin to early
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November 02, 2017, 09:25:48 AM
 #54

I think my biggest fear is that there is always the possibility that somebody may steal my BTC no matter how much taking care of security.Hackers have new methods each day and we must always be a step ahead of them.

There is also fear that that something very bad will happen and that price fall very low,but that's always a risk with BTC.One day you wake up and see price of 7000$,next day it may be 10000$ or 1000$.I think the greatest danger comes from the governments,they will try in every possible way to control BTC,and I think they have mechanisms to create great problems for us if they wish.

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November 02, 2017, 09:28:31 AM
 #55

The only thing that I fear is to get hacked or if bitcoin will end too soon. I hope that bitcoin can last for a long time, so that I can gain more profit and store more bitcoin on my wallet. I'm still learning about bitcoin, so I hope that it can last long or forever.

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November 02, 2017, 09:31:14 AM
 #56

That bitcoin will go down very much and i will have a lot of loss instead of profit or that bitcoin will be banned everywhere that means that i lose everything and i do not have any more profit or loss but i still lost everything including time.
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November 02, 2017, 09:38:00 AM
 #57

My biggest fears in order
1. Exchanges my coins currently in are will get hacked/scam me
2. The alts I hold will go to zero and be worthless
3. BTC will go to zero and be worthless (getting killed by a asteroid has a bigger chance than this I think )

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November 02, 2017, 09:38:35 AM
 #58

Hackers can easily be avoided by using a paper wallet especially if you are just holding. I'm concerned about my country making the currency illegal or taxing it very high though
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November 02, 2017, 09:43:21 AM
 #59

My greatest fear is waking up one day to realise that what we have come to believe concerning bitcoin is a myth and not anything close to reality and giving victory to the people waiting for the failure of bitcoin over the years. It will be a very difficult experience in which I must admit, when I wake up every morning and want to check whats going on in the cypto world, the fear just keep repeating itself.
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November 02, 2017, 09:45:27 AM
 #60

I think everyone's greatest fear is that or you get hacked and lose all your bitcoins. Or that the bitcoin will be worthless and you will lose all your money. Because bitcoin is a unstable currency so it is possible to go down very hard 1 day.
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November 02, 2017, 09:54:55 AM
 #61

Yes, holding a large amount of bitcoin can cause fear. Of course all of the bitcoin holders are scared of getting their bitcoin stolen. But their identity is more important. Identity thefts are a large threat ro bitcoin users. They can get their belongings or important details in life get stolen. They can get their bank accounts and wallet addresses which is really scary. The price fluctuation is not a thing to be scared about because the price of bitcoin will still rise and that is a good sign for bitcoin holders.

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November 02, 2017, 10:03:36 AM
 #62

My greatest fear would be for bitcoin to become worthless. All of us are holding it because of its high value and the possibility of it to be higher in the future but then maybe a fortuitous event would make its value lesser and eventually be worthless. A sudden block of our country to the crypto sites is my fear as well and the banning of cryptocurrency in general because this would also mean that my coin would be worthless if I can't access it or even cash it out. I am still pretty confident right now that it is unlikely to happen in our country because our government has a positive view of bitcoin and just issued a warning to the people to be vigilant but they did not state directly that we aren't allowed to transact it.



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November 02, 2017, 10:17:25 AM
 #63

My greatest fear is shutting down bitcoin exchanges in my country or making illegal to use bitcoin in my country because recently my country has banned some of the Currency which people using in one day without any information. Even small news about bitcoin regulation in my country making me to tense.

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November 02, 2017, 10:21:21 AM
 #64

My greatest fear is when bitcoin will turned into dust, no value. And all our investments will turn into nothing, There is still a very low possibility that it might happen in the near future. I just hope this will never happen.

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November 02, 2017, 10:25:39 AM
 #65

My greatest fear is when someone hack my bitcoin or maybe my country will ban bitcoin thats is my biggest fear

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November 02, 2017, 10:29:45 AM
 #66

My fear is in two ways 1. America Government to be against bitcoin and Hackers that are moving to-and-flow sicking wallets to break into and show their stealing talent. As for the price of bitcoin to fall bellow $3000/BTC is sees it as impossible, because bitcoin awareness is getting viral and more people are investing which will keep the price to keep go up.

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November 02, 2017, 10:58:11 AM
 #67

My fear is in two ways 1. America Government to be against bitcoin and Hackers that are moving to-and-flow sicking wallets to break into and show their stealing talent. As for the price of bitcoin to fall bellow $3000/BTC is sees it as impossible, because bitcoin awareness is getting viral and more people are investing which will keep the price to keep go up.
well as a bitcoin holder the greatest fear in when the bitcoin lose its value or maybe the price  will going to 0 and the bitcoin will shutdown and cant recover.because that was really a verry terefying moment .i believe if the bitcoin has its price  even a small amount in can rise high that is why theres nothing to be fair .but its price  will going to shutdown that was really fear.

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November 02, 2017, 11:21:46 AM
 #68

My greatest fear about holding bitcoins is that when time comes that its value will become so much expensive and that I cannot cash out my earnings and developers of online wallets hacked my account. I'm afraid that because of high appreciation of bitcoin people will do everything even illegal things just to earn bitcoin and the market of bitcoin will crashed and devastated.

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November 02, 2017, 11:43:00 AM
 #69

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

The dropping of the price is quite risky also but just minimal since dropping price signifies high supply vs. the demand. So it gives a chance to buy more bitcoin in that case.
Another is the possible government regulations thay may hamper the processes or bitcoin usage.
As stated above the hacking of accounts. We know that cryptocurrencies are manipulated by humans then its possible that they may also hack accounts.
And lastly, I guess the volume of people using it is unstoppable. Just wondering if in the future the number of millionaires or billionaires will arise. The world better prepare.

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November 02, 2017, 11:43:58 AM
 #70

I worry about security, security is my main concern when I store bitcoin. There are many cases of bitcoin lost due to the security problems. The second thing is that I am affraid that bitcoin holders will be put in jail by government. Bitcoin holders are treated as criminals. That is what' am affraid. if the government shut exchangers, I am still able to seek other ways to turn bitcoin into cash but when govt treats bitcoin holders as criminals, that's the biggest problem.

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November 02, 2017, 12:13:05 PM
 #71

I don't know what other have fears , but my biggest fear as a bitcoin holder is its price as it is continuously fluctuating and i am always worried about my lose if the price goes down, But for now i am very happy because the price is increasing.

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November 02, 2017, 12:14:08 PM
 #72

I think my biggest fear is that there is always the possibility that somebody may steal my BTC no matter how much taking care of security.Hackers have new methods each day and we must always be a step ahead of them.

There is also fear that that something very bad will happen and that price fall very low,but that's always a risk with BTC.One day you wake up and see price of 7000$,next day it may be 10000$ or 1000$.I think the greatest danger comes from the governments,they will try in every possible way to control BTC,and I think they have mechanisms to create great problems for us if they wish.
mostly indeed people would fear their investment went wrong into a huge loss instead get a lot of profit , buy 1 bitcoin at $7,200 sell it at $6,900 , buy again at $7,000 sell it at $6,500 and so on until your whole bankroll gone. but don't worry when that moment happened , you just need to be more patient . keep in mind you should put the money in bitcoin that you can really afford it considering bitcoin have a high risk.

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November 02, 2017, 12:21:18 PM
 #73

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
I think that the greatest fear that I have thought is when I lost my bitcoin because of the hacker or scammer who stole it, also if the bitcoin price will drop down. Most of the people or users may feel the same way if their bitcoin will be hacked by someone else and they will never be recovered it anymore if that happens we must remain calm and not to panicked because if that will happen the situation will go worst.

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November 02, 2017, 12:21:37 PM
 #74

I don't know what other have fears , but my biggest fear as a bitcoin holder is its price as it is continuously fluctuating and i am always worried about my lose if the price goes down, But for now i am very happy because the price is increasing.
For now bitcoin holders would be very happy with the rapid growth in price due to the coming event but a certain price dump or fluctuation would definitely happen after that. People will be left having a dilemma on holding or sell it already and buy once again when the price is low. But since no-one know what will after that event then they will not know when to sell and left being surprise of a certain dump or something.
For me, the greatest fear of every bitcoin holders is they're feelings.

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November 02, 2017, 12:33:23 PM
 #75

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

The only and greatest fear that I have with bitcoin is the fact that it may completely fluctuate. When it does all the bitcoin that I have will completely become worthless as well. So, hopefully it will become more successful.

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November 02, 2017, 12:35:27 PM
 #76

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
My top 3:
#1 That someone might steal my bitcoins through use of a remote access tool or such.
#2 That bitcoin will die (much more unlikely.)
#3 That my local coffee shop will stop taking bitcoin as a payment option.  (Doesn't really matter,  but it's nice to be able to pay with btc.)
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November 02, 2017, 12:56:50 PM
 #77

My greatest fear as a bitcoin holder is inability to cash out my bitcoins.
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November 02, 2017, 12:57:53 PM
 #78

Guys, if you are afraid that your bitcoins will be useless after your death, read about smart contracts. It's a perfect solution.


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mobilazy
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November 02, 2017, 02:02:05 PM
 #79

1. That it will reach 10k and above and I still be waiting for a good time to buy some
2. That it will hit bottom after I buy some  Grin
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November 02, 2017, 03:08:04 PM
 #80

My biggest fear at the moment is if quantum computing becomes mainstream and hacking the network becomes ordinary.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.

Be good, do good, make better.
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November 02, 2017, 03:09:06 PM
 #81

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
I don't worry much about scams, government, or banks. i'm only worried about hacking bitcoin wallets.
As we all know there is no online service that's 100% safe from online hacking whether sabotage or external hackers.
Most of the hacking happens because of the human mistakes not the computers/servers or anything like that, it happens because of the human factor.
There are a lot of good firewalls and security parameters to stop the hackers from outside, but what about internal staffs - greediness might some time be the cause.  

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November 02, 2017, 03:10:46 PM
 #82

Any fork which somebody announces is my biggest fear that people maybe will lose their faith to bitcoin
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November 02, 2017, 03:16:24 PM
 #83

My biggest fear at the moment is if quantum computing becomes mainstream and hacking the network becomes ordinary.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.

Yeah this is the most people's problem who using bitcoins because we have that fear of our bitcoin will be hacked.Bitcoins have no customer service which is need to be done by the bitcoin team soon.Bitcoin offers no such protection: transactions are irreversible, so the buyer must trust the seller to deliver. Many Bitcoin users say that this is a feature, not a weakness, and simply requires the buyer to do their due diligence before sending a seller their money. Plus, irreversible transactions protect sellers from fraudulent chargebacks.
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November 02, 2017, 03:18:19 PM
 #84

Its when my country bans crypto currency. It would be my greatest fear of all. Like what china have done, lucky for us that's not our country. It would be hard for us holder to cash out money. Cause in our local country there's a company that make us easy to cash out and cash in to our bitcoin wallet.
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November 02, 2017, 03:18:41 PM
 #85

My biggest fear right now is not being able to hold the old bitcoin in my hands, I am always interested to sell it because the price is always interesting, whereas if I hold strong Bitcoin longer I can become richer.

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November 02, 2017, 03:20:47 PM
 #86

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

Yes, that was right. Many people afraid of that circumstances. Because they are saying many hackers in this cruel world and at same time scammers. They are the smart people when we are talking about the technology. All you need to do is do not put all your bitcoin into your wallet because you don't know how secured is that. You can't monitor your bitcoin 24/7 that's why you need to be aware of that consequences.

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November 02, 2017, 03:42:39 PM
 #87

My biggest fear is hacking my accounts!
And my second biggest fear is if my country bans cryptocurrencies!
Not afraid of btc price to go down!It won't Cool
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November 02, 2017, 03:49:54 PM
 #88

I believed that the biggest fear of a bitcoin holder like me is to lose its value. I believed most of us has the same fear. Bitcoin is risky. We all knew that. We will never know when its price get high or when it lose. We are just trying our luck because we know and we believe tgat by investing in bitcoin we can have a better future.

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November 02, 2017, 04:01:44 PM
 #89

If the rate dumping or maybe crash, because I'm not trader, so I will not think twice to sell it. If I'm lost it in gambling site and can't hold my self no to deposit. If someone tricked on me and steal it and I am not able to get it back, because my country not legalize bitcoin so no guarantees.

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November 02, 2017, 05:19:59 PM
 #90

Bitcoin coin holder not need to scare.bitcoin has strong security and safe transactions.we have to be protect from scam and hackers.
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November 02, 2017, 05:33:18 PM
 #91

As a Bitcoin holder, my fear is that I wont be able to cash it out to my local currency. The options in my country is very limited and those available now are taking advantage of that with absurd fees. Second would be hackers. Because it is digital, it is very prone to that. Lastly, I am most afraid of the thought that one day it won't have any value. Similar to what happend to the Tulip Mania.

In any investment, we all have our fears. But we take risks because that's what investing is all about. It's up to you on how much risk you can take and how you manage it.  Cool Cool Cool

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November 02, 2017, 05:37:54 PM
 #92

The security of my coins is spot on so I guess my biggest fear is sitting here, watching the price go up, up, up & thinking it’ll continue to only go up. I guess I’m basically scared of waiting for a magic number where I’m happy to sell but for a massive dump to come & bitcoin to end up being a bubble where I lose a huge amount of money.

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November 02, 2017, 05:59:50 PM
 #93

My greatest fear is that the not to dump too much price of btc.the second fear is that the not hacked my wallet beacause nowdays the hacker hacked  many wallets.And the third one fear is the banned on btc in my country.beacause if it happens then i couldn't cash out btc in my local currency.And lost my all btc.but i wish that any of this three things never happen with me and anyone. Cheesy
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November 02, 2017, 06:14:28 PM
 #94

I believe the greatest fear for a bitcoin holder are:-
  • the government banning BTC it their country:- this could actually cost them all of their bitcoins and the time they spent collecting it.
  • the value of BTC :- one of the biggest fear of BTC holders is that the value is very high and it should not just burst like a balloon.
  • hackers:- people are  obviously scared to lose their earnings to hackers
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November 02, 2017, 06:23:42 PM
 #95

My fear our administration can't acknowledge bitcoin second things pishing links since I hold my 90% coin in my wallet and 10% in exchanger site for general trade yet I trust our administration consider bitcoin very soon

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November 02, 2017, 06:25:23 PM
 #96

My biggest fear at the moment is if quantum computing becomes mainstream and hacking the network becomes ordinary.
Am sure then, bitcoin can become worthless as investors shall fear bitcoin.

You can abandon those fears. It will take many years before quantum computers become widely available. By that time bitcoin will be either long gone or upgraded to withstand quantum decryption. If we are to become rich thanks to it we will before quantum computing becomes a real thing. Don't forget that BTC is a software and as that it's upgradable.

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November 02, 2017, 06:45:28 PM
 #97

I think as a bitcoin holder and for sure all of us here when we have a bitcoin our greatest fear is only when the value of it got low or decreased much the value because when we convert it into fiat it is a big loss and the only prayer is to increase its valu.

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November 02, 2017, 06:52:14 PM
 #98

Yes, I have a fear of hacking bitcoin, the widespread loss of the Internet or the sudden drop in bitcoin due to some incredible event or an accident, but it's hard to believe in the possibility of this. I prefer not to think about it, but just watch the growth of the bitcoin price.
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November 02, 2017, 06:56:23 PM
 #99

My greatest fear would be for bitcoin to become worthless. All of us are holding it because of its high value and the possibility of it to be higher in the future but then maybe a fortuitous event would make its value lesser and eventually be worthless.

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November 02, 2017, 06:56:35 PM
 #100

I have only two fears in holding bitcoin which is when its value suddenly drop significantly (i know this is not gonna happen but it is still possible though) and if when i cant cash out my bitcoin aside from those 2 im pretty confident on holding a big amount of money for bitcoin Smiley

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November 02, 2017, 06:57:09 PM
 #101

My greatest fear as a bitcoin holder is all of my bitcoins were gone and stolen by a mere hacker i know some of you got hacked by ten or sometimes a 100 bitcoins that you bitcoin for a thousand dollars although we always secure our bitcoin wallets but sometimes we neglected those nest is although this is not my greatest fear as a holder is btc2x hard fork why? because unlike bitcoin cash this one is different they don't have replay protection so, both chains will vulnerable to replay attacks which could result to loss of funds as a holder i wouldn't let my money lost no one does that.

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November 02, 2017, 06:57:15 PM
 #102

My greatest fear as a Bitcoin holder is that the price go down and stuck for some long time in low price. This will force us to wait more and will create more panic about Bitcoin itself. But its hard to happen nowadays because BTC price is rising highly nowadays.


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November 02, 2017, 06:59:47 PM
 #103

I think my greatest fear will be hacking of my BTC account.
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November 02, 2017, 07:01:13 PM
 #104

When the price drop into 1$ just kidding when my bitcoin wallet got hacked ofcourse this is the greatest fears i know wthat sacred me too much and also when i send my bitcoin and will send it to another bitcoin adddress lmao

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November 02, 2017, 07:03:31 PM
 #105

My greatest fear is what happened in China and people are banned from using Bitcoin, happens in my country and I am not able to trade Bitcoin with fiat.

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November 02, 2017, 07:13:42 PM
 #106

I have two fears as a bitcoin holder but i fear security is the most.

1. Government Regulations: I am worried how regulations can change the continued exponential growth of bitcoin. I worry govt's see it as cannibalizing their central bank influence which can result in regulatory challenges.
2. Security: The current landscape is growing so quickly that security is becoming a challenge. With more options available to transact BTC and examples of hacks make me concerned.

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November 02, 2017, 07:35:29 PM
 #107

My greatest fear as a bitcoin holder are 2.  (1) The hacker situation which stole people off their bitcoin investment. (2) The government,I fear sometime about the government stand and concern when it come to bitcoin because they maybe do something hurt we bitcoiners, you know the politician and their selfish act.

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November 03, 2017, 07:22:11 PM
 #108

I think my greatest fear will be hacking of my BTC account.
Your newbie account? Really? If you want to bullshit us put some effort into it. Tongue

My greatest fear is what happened in China and people are banned from using Bitcoin, happens in my country and I am not able to trade Bitcoin with fiat.

That's not scary at all! Since foreign currency exchanges are still a thing and you can wire BTC all around  the world without problems you are by no means bound to be using local exchanges or local fiat currency to exchange directly. I have accounts on many foreign crypto exchanges and I don't care about my government's actions.

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November 03, 2017, 07:32:47 PM
 #109

Fear are the methods of governments and banks to control the people and sell them security for a high price called taxes. As bitcoin and other crypto currencies become more and more famous, we will surely see turbulent times, but I as a bitcoin holder and believer fear nothing as it can only become better!

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November 03, 2017, 07:35:47 PM
 #110

I guess the great fears is that quantum computing suddenly comes and that the current cryptography can be easily cracked by it which leads to either a loss of fund or complete panic in the market

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November 04, 2017, 10:43:12 AM
 #111

I believed that the biggest fear of a bitcoin holder like me is to lose its value. I believed most of us has the same fear. Bitcoin is risky. We all knew that. We will never know when its price get high or when it lose. We are just trying our luck because we know and we believe tgat by investing in bitcoin we can have a better future.
Yes you are right as a bitcoin holder I myself have this fear of losing value. Bitcoins in today's market are the most highly valued cryptocurrency. But there are equal possibilities of it losing the market price in the upcoming few years due to various reasons such as involvement of government. 

Hence it could be declared as a risky thing and it is synonymous to trying our luck with the positive Vibes to get the best results possible.


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November 04, 2017, 11:55:51 AM
 #112

Bitcoin is virtual currency, operating on the internet. So all the bitcoin bosses are afraid of hackers, scams and at times the value of bitcoin is down.

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November 06, 2017, 11:15:07 AM
 #113

my greatest fear about bitcoin is when someone is trying to hack and scam my account all of us are suffering from that kind of modus online and also there are government and central banks from various countries are started to banned and eliminate for using of cryptocurrrencies or digital money.
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November 06, 2017, 11:19:48 AM
 #114

As an bitcoin holder I fear of the uncertainty nature. If someone asks what you have for living all that I can say is bitcoin. Because, I have started to have all my savings in the form of bitcoin. If something happens out of prediction surely I'll be facing a great collapse in my living.

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November 06, 2017, 11:31:02 AM
 #115

My greatest fear is security breaches. Also if it delves off expectation towards the negative then that would be even much greater.
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November 06, 2017, 11:39:20 AM
 #116

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
There's many run in my mind that might happen in my bitcoin and it is true that im scared to happen it. first if my all bitcoin was get hacked by others users or got scammed,but the most is when the bitcoin gone .if the bitcoin disappear all my invest and my money turn out to bitcoin its like my dream fall. because if that happens i dont know where to start again .but i hope its not happen.

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November 06, 2017, 11:41:22 AM
 #117

I'm worried Bitcoin will collapse, and then I will have nothing, but in the short term should not because Bitcoin is now recognized by many people, the price is not very high.

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November 06, 2017, 11:49:53 AM
 #118

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

My biggest fear on bitcoins is when it totally losses its value, because all of my hard works will end up into nothing as in zero if that happen. Imagine all those tears that I've work to gain bitcoins, I trade I do signature and bounty campaign and twitter campaigns also just to gain a lot of bitcoins because it is a great source of money. And if that will become worthless I will start from scratch because all of my money are in there. And also when bitcoins will be banned in oir country what I dont know how will I handle that kind of stuffs because this keeps me financially stable.

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November 06, 2017, 12:23:37 PM
 #119

My fear is that it will be destroyed from within by the very people who are controlling it, ie the fork drama. With so many millennials involved, there are bound to be problems, as they have been conditioned to inject Facebook-like drama into every aspect of their lives. I was listening to a podcast about the upcoming fork, and two 30 yr olds were arguing, sounded like an episode of the Kardashians.... “ok, sooooo, I know right!!!!”. I thought, bitcoin is doomed.
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November 06, 2017, 01:39:53 PM
 #120

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

 Using bitcoin comes with a fear when you think whether to trust this investment or not . The biggest fear of any bitcoin holder will be , what if the wait was not worth it and the price of bitcoin drastically falls . Many other reasons are also there which scares the holders . If their country bans bitcoin then tat would be a big problem for any bitcoin holder . Moreover while trading , there is always a fear to get indulged with scammers .


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November 06, 2017, 06:42:48 PM
 #121

One of my fears is that I wake up one day and I find out that Bitcoin is back down to 100 USD.
It will be really a disaster in the crypto economy but everything is possible. According to some studies which says that crypto is temporary and will not last like real currencies.
Also my second fear is that I find out that I am hacked and lost all the amount that I have.

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November 06, 2017, 06:51:48 PM
 #122

Got hacked or deceived are the two main fears that I have as a bitcoin holder. I can't use bitcoin directly to buy stuffs and things, I have to convert it into fiat which mean I have to send my bitcoin to exchanger. I don't know what will happen if one day the exchanger will run away with my money.

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November 06, 2017, 06:58:44 PM
 #123

what am I afraid of? none at all. I'm very optimistic about the future of bitcoin, let's remember how the internet was first discovered. yes, no one thinks it. but look now, that's what will happen to bitcoin later.

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November 06, 2017, 08:08:36 PM
 #124

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?


The only thing I an afraid of is being hacked and losses my account. Like seriously. That's why I am very careful in using bitcoin nowadays and I never look up any url that were sent to me by the people I don't trust because who knows what will happen to my computer if I ever click those links.

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November 06, 2017, 08:20:48 PM
 #125

i have no fears about holding bitcoin long term. I guess my biggest concern would be selling too early. Like selling too much at $100k and then it goes to $500k
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November 08, 2017, 11:26:14 AM
 #126

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?

My biggest fear on bitcoins is when it totally losses its value, because all of my hard works will end up into nothing as in zero if that happen. Imagine all those tears that I've work to gain bitcoins, I trade I do signature and bounty campaign and twitter campaigns also just to gain a lot of bitcoins because it is a great source of money. And if that will become worthless I will start from scratch because all of my money are in there. And also when bitcoins will be banned in oir country what I dont know how will I handle that kind of stuffs because this keeps me financially stable.
Well it is hard to decide to answer which of your fear, all what needed is to be sure that bitcoin will not lose its price, don't get scared because people are favoring it due to the ease and comfort it is providing  to them, making them able to be rich in very short time, secondly if your country bans it don't be worried soon they will lift it because they know bitcoin is the only source for unemployed people to earn and meet their financial needs

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November 08, 2017, 11:29:13 AM
 #127

I agree with one of the previous comments, selling too early is the biggest fear, it’s the what could of been that will haunt you.
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November 08, 2017, 11:32:06 AM
 #128

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
Actually you have a point, but for me the biggest risk of a bitcoin holder is the price or value of the bitcoin because it is always changing sometimes it will go up and sometimes it go down.

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November 08, 2017, 11:35:58 AM
 #129

The only common fear as Bitcoin holder or investor is when Bitcoin will have no value at all. You're investing a lot of money from the start and ends up nothing. Bitcoin and other cryptocurrencies are intangible and stored into intangible wallets so the volatility is very high. If happens to be hackers can penetrate all ledgers in the world at once then Bitcoin will be doomed.

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November 08, 2017, 11:40:30 AM
 #130

I agree with one of the previous comments, selling too early is the biggest fear, it’s the what could of been that will haunt you.

Mr. Satoshi Nakamoto said to his white paper that Bitcoin will have a value of $100k as it's peak so when you sell it when the value is low the you'll be hurt because you're giving up the only thing that could make you rich in the future.
Bitcoin volatility is very high but people are still using it so there's no need to worry about Bitcoin price will drop continuously.

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November 10, 2017, 03:17:07 PM
 #131

My greatest fear is security breaches. Also if it delves off expectation towards the negative then that would be even much greater.
Well I would like to say that don’t be afraid of the lose and the bitcoin is now being very safe and the best currency I can see how fast the bitcoin is getting secure and the safe bitcoin. I can see the bitcoin has a lot of the wallets and this is the best thing to have the bitcoin at the same time. Bitcoin is the secret as much as we want and it is the money saving resource as well for a lot of the people.

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November 10, 2017, 03:21:38 PM
 #132

I agree with what you have pointed out earlier regarding hacking and scams. Indeed, these, to me, remain to be the top two greatest fears I have as a Bitcoin holder. Imagine ever waking up one day knowing that you can no longer access your account because it has been hacked by someone else? With that, you lose whatever Bitcoins you have because your Bitcoin wallet has been zeroed. Perhaps, as we all know, we invest at our own risks because there are no rules and regulations as regards our Bitcoins.

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November 10, 2017, 03:41:17 PM
 #133

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?


The only thing I an afraid of is being hacked and losses my account. Like seriously. That's why I am very careful in using bitcoin nowadays and I never look up any url that were sent to me by the people I don't trust because who knows what will happen to my computer if I ever click those links.

I'm also afraid of being hacked. some of my friends wallets have been hacked and it increased my fear.

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November 10, 2017, 03:44:20 PM
 #134

The fear of every bitcoin holder is that you wake up one day and see that bitcoin is not worth anything. This would give some people heart attacks because they have invested in btc a lot.

This is also one of my fear for bitcoin. It is unstable but yet profitable.
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November 10, 2017, 03:46:58 PM
 #135

"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
the fear when holding bitcoin is when bitcoin no longer has the selling price and bitcoin is not in the interest of everyone, that's what I fear when having bitcoin because it can make the price plummet to be very cheap and cause a lot of losses, I hope it is not will occur.

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November 10, 2017, 04:17:14 PM
 #136

I think, the main risk of holding bitcoins is getting your wallet compromised. Well it can be easily avoided, we just need to be careful every time. Other thing is when price is crashing, it's really a bad feeling when you watch your money's value decrease by a large amount.

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November 10, 2017, 04:26:54 PM
 #137

The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
If you are going to convert your Bitcoin into dollar for you to cash it out , one problem you may experience is finding a suitable exchanger and wallet for you to have a transactions for it. But it is easy if you are going to learn how to trade for you to know each steps of transaction for you to calculate at the same take your profit and earning every time you mange to deal with your target price and perspective value to transaction on.

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DU18
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November 10, 2017, 04:29:49 PM
 #138

I am a bitcoin holder and I got some negative comments often from some bitcoin haters.Firstly, bitcoin can be dead at any time.I don't know why people said this but it's not a good thing.Secondly, government has banned bitcoin so if I found using bitcoin then government can send me to jail and It's really the greatest fears of mine as a bitcoin holder.Thirdly,I have seen many people who's bitcoin wallet is hacked by anyhow and I really sacred about it.I stored about 3BTC by my hard work and I really can't afford to lose it.

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hiVe
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November 10, 2017, 04:37:16 PM
 #139

I am a bitcoin holder and I got some negative comments often from some bitcoin haters.Firstly, bitcoin can be dead at any time.I don't know why people said this but it's not a good thing.Secondly, government has banned bitcoin so if I found using bitcoin then government can send me to jail and It's really the greatest fears of mine as a bitcoin holder.Thirdly,I have seen many people who's bitcoin wallet is hacked by anyhow and I really sacred about it.I stored about 3BTC by my hard work and I really can't afford to lose it.

Yes, I agree with you. I don't afraid of bitcoin dead. It can't happen. But I'm scare of illegal. If Government quods Bitcoin holder, that's terrible for me.

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November 10, 2017, 05:16:24 PM
 #140

Interesting how people have all these fears when it comes to bitcoin but trust the monopoly money they use everyday. Smiley
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November 10, 2017, 05:24:05 PM
 #141

I am not afraid about government banning or anything. But only the scalability issues with Bitcoin. The transaction fees are very high and people might start looking for alternatives with way lesser fees and instant confirmation. I guess that was what Segwit2X was aiming for. If these problems are resolves than Bitcoin will go to the moon!

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November 10, 2017, 05:28:16 PM
 #142