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Author Topic: What Are Your Greatest Fears As a Bitcoin Holder?  (Read 2240 times)
yamortsac
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November 11, 2017, 12:33:12 AM
 #161

For me as a bitcoin holder my greatest fear is to lose its value and cannot be accepted in the market. But i think this is impossible to happen because bitcoin will continue to rise and will be legalized to all countries. For now the little fear to happen is the wallet to be hacked by some people with bad intention so better secure our wallet.

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November 11, 2017, 12:33:58 AM
 #162

"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 risk is enormous because there is no institution or legal force that can to safeguard and secure our account from hackers and internet crimes are very harmful to protect it I do the change of password every week

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dexter42
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November 11, 2017, 12:44:57 AM
 #163

That quantum computing might take over bitcoin blockchain one day, and kill blockchain entirely Sad
Cotton Candy
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November 11, 2017, 12:57:28 AM
 #164

"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 the fact that bitcoins can be worthless anytime, and my money, I mean all my holdings will going to be worthless because all my patience and hard work to hold that for a long time will just gping to vanished without even anything. And I also feared that one day our government might ban it in our country just pile what happened in china. Bitcoin is being a great help for me so I do not want it to be taken away from me.

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November 11, 2017, 01:01:32 AM
 #165

The fear of the discontinuation of Bitcoin for any reason that could possibly happen. As bitcoin holder that would mean burnt investment.
Hacking is also a concern, now that Bitcoin is at it's highest value. Hackers are all over the community.

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seanskie18
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November 11, 2017, 01:04:26 AM
 #166

As a bitcoin holder, my greatest fears are first, I can't cash out the payment from the work I've done. Second, I'm on the scam campaign and third, they will try to hack my account. Hope they will not try to do bad things such that.

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November 11, 2017, 01:05:01 AM
 #167

My biggest fear about bitcoin is the hacker whom can hack our wallet.and one more is if the bitcoin will be worthless anytime.if bitcoin will be no longer value.to lose bitcoin price.but hopefully thia will not happen now or never.

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November 11, 2017, 01:06:12 AM
 #168

My greatest fear is same as what you are fear of, I fear to get hack and scam at the same time while saving my bitcoin the value of the bitcoin will fall to its lowest, I do not know what should I gonna do if that will happen.

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November 11, 2017, 01:15:21 AM
 #169

My greatest Fear as a Bitcoin holder is the same to other bitcoin investor, it is market crashed and price correction all of us can see that since bitcoin started it's always going up even it has some bumps along the way it always goes up no matter what, so what if it's value suddenly crashed or goes down it is my greatest fear as a bitcoin holder and it is possible to happen i'm just preparing my self right now if this happen and planning my counter measure against it.

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November 11, 2017, 01:18:38 AM
 #170

"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 greatest fears of bitcoin holders is to loose their bitcoin how ever they sell it at the low price or they lost there acount password and they did not remember there private keys
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November 11, 2017, 01:24:08 AM
 #171

I am terribly scared of Segwit2X comeback. Although I know it won't happen, I am scared of it very hard! I hope there won't be any hard forks again in the nearest future

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November 11, 2017, 01:30:30 AM
 #172

My biggest fear about bitcoin is the hacker whom can hack our wallet.and one more is if the bitcoin will be worthless anytime.if bitcoin will be no longer value.to lose bitcoin price.but hopefully thia will not happen now or never.
Price fall won't happen in a short, everything happening with bitcoin and other digital currencies is all about changes with regards to time which provides the complication. No one knows about the growth or fall next minute. Everything is happening depending upon trust. Hacking too is a big issue, which can cause a great loss due to the lack of security.



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November 11, 2017, 01:37:30 AM
 #173

The fearbof hackers able to access your account this woulf be a huge lost for us imagine all of your getting stealed away that easily. Also the government permanently banning the use of cryptocurrency in your country, imagine no way of cashing out your money man and having bitcoin not accepted as any kinds of payment that will definitely  make it useless.

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November 11, 2017, 01:51:13 AM
 #174

"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 topest fear as bitcoin holder is when bitcoin become zero value in price. So not possible anymore to withdraw to cash.
When it be zero, i think all bitcoiners will just cry.
I think thats my greatest fear.

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November 11, 2017, 02:03:13 AM
 #175

I fear bitcoin cash the most, it has the most damage to do to bitcoin. I hope bitcoin wins.
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November 11, 2017, 02:03:25 AM
 #176

When my country forbids Bitcoin, it will be difficult to convert btc into local currency and the absence of online stores or online shopping centers that accept Bitcoin. certainly will not run well, even turn off Bitcoin.

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November 11, 2017, 02:28:21 AM
 #177

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.
You do not need to worry about this. People do not accept bitcoin payments, you can sell bitcoin. My biggest fear is that the price of bitcoin drops and bitcoin is banned by the government.

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November 11, 2017, 02:34:19 AM
 #178

i am always affraid bitcoin price may drop to the bottom of its price, and no more investors trust bitcoin to invest in, becuase i think bitcoin is very unstable but acceptable so many people still want to invest in bitcoin, but if this down trend keep going, bitcoin will die.

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November 11, 2017, 02:35:07 AM
 #179

My greatest fear as a bitcoin holder is to see that the price of bitcoin will reach below the price of 1,000 USD because that is like the end of the world for me because i bought bitcoin from the price of 5,000 USD and still hold it though so i don't want to see bitcoin to go down more than that because it is a complete loss for me and i will quit crypto if it will happen.

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November 11, 2017, 02:36:23 AM
 #180

My greatest fear is having a btc and loosing its worth as time passes by. It so hard to believe that you'll work hard for something that wouldn't have any value for an instance

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