stronghands4lyfe
Full Member
 Offline
Activity: 280
Merit: 102
The revolutionary trading ecosystem
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November 14, 2017, 06:40:29 PM |
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"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?
That bitcoins and the internet cease to exist in a few years. Well we all know the internet will be intact but the main concern is with bitcoins. I will cash out some to protect myself against losing everything but I ideally would like to remain in bitcoin until I can retire early from hell on earth. My biggest fear is not making it there |
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malourdesesmores07
Member
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Activity: 72
Merit: 10
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November 16, 2017, 04:26:27 PM |
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My greatest fear as a bitcoin holder is when it becomes impossible to cash out and no one accepts bitcoin as payment. That bitcoin will be at lowest value. And also to be hacked and scam. Hopefully it will not happen us.
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rickyleatham
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Activity: 126
Merit: 10
Get your share of the future
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November 16, 2017, 04:52:54 PM |
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as a bitcoiner, i always affraid bitcoin price will drop quickly and never rising back again due to bitcoin will die in the future, or may be bitcoin will be banned in my countries, that makes me harder to use bitcoin in my daily life, so i hope these reasons wont happen soon but in a very long future.
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andyblocks
Newbie
Offline
Activity: 39
Merit: 0
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November 16, 2017, 04:55:51 PM |
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"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 fear is that mining becomes centralized, after all, decentralization is what makes Bitcoin stronger than any other currency. I think users have to become engaged in mining, so that we have a more distributed system. |
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loof99
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November 16, 2017, 04:57:02 PM |
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for me my greatest fear as a bitcoin holder is to lose all may bitcoin on trading or hacked by people
because you put alot of your time to have bitcoin so why you want to lose it
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bitfornewbs
Member
Offline
Activity: 168
Merit: 10
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November 16, 2017, 05:29:16 PM |
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"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?
Phishing sites. It is so hard to browse internet when you know there are so much phishing sites in the web. Having hackers access your wallet is mostly what I fear because there are far too many of them and far too many cases and issues regarding them. For now, bitcoin issues doesn't really bother me as long as I get the benefits of it. |
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Pujangga
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Activity: 1078
Merit: 12
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November 16, 2017, 05:49:24 PM |
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Of course when the price drop so much loss, now bitcoin and altcoin is second income after work, but in terms of quantity sometimes bitcoin is bigger because of price increase that happened.
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vibingpositively
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November 16, 2017, 05:59:29 PM |
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The greatest fear of any bitcoin holder has to be that BTC will be worth $0 tomorrow. I dont care who you are but that has to be your #1 fear. Now albiet it is an irrational fear and you can essentially disregard it moving forward.
A rational fear to have however is that of getting robbed and scammed this can happen to anybody on any given day and that is why I go to great lengths to protect my coins.
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roshanface123
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November 18, 2017, 07:23:55 AM |
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Hacking and scams over transaction and the sudden problems that effects crypto market directly or indirectly.These are the main problems that effects effects the bitcoin as a fall in demand and it's price , these are my greatest fears as a bitcoin holder.
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SilverChromia
Member
Offline
Activity: 357
Merit: 10
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November 18, 2017, 08:19:51 AM |
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My greatest fear is a bitcoin holder that someday theres some groups of hackers will come to destroy and stole our earnings and give a bad reputation in bitcoin industries but i wish and i hope that day will not come and never comes. For now this all i have to earn some money to make my living besides to my side line jobs or oncall jobs.
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UchihaRukawa
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November 18, 2017, 08:36:22 AM |
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"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 that, one day, bitcoins price would just go from $8000 to $1, that is the worst thing that I could ever imagine that would happen to bitcoin, I think many bitcoin investors also thinks of this as the worst thing that could happen to bitcoin, that it might lose its value. |
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millgates
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November 18, 2017, 08:44:03 AM |
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Hacking and scams over transaction and the sudden problems that effects crypto market directly or indirectly.These are the main problems that effects effects the bitcoin as a fall in demand and it's price , these are my greatest fears as a bitcoin holder.
Cybercrime is the most terrifying thing for bitcoin users, I am very grateful to this forum. We can avoid cybercrime by only access bitcoin-related website through link in the ann thread in this forum. This forum is very important for bitcoin users. |
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senin
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November 18, 2017, 08:50:59 AM |
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If the crypto currency will continue to integrate into the economy of most countries and crypto-currency payments will become commonplace, then we will become very dependent on the availability of appropriate technologies. This means that any global technogenic catastrophe can completely paralyze financial calculations in case of disappearance even for a short time of the Internet. In a narrow sense, this will be a constant fear for some reason to lose access to its crypto-currency purses.
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BitcoinNosi
Member
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Activity: 86
Merit: 10
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November 18, 2017, 08:51:15 AM |
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I think my biggest fear is bitcoin dumping to nothingness.. I don't believe that will ever happen though.
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nithin@123
Newbie
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Activity: 52
Merit: 0
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November 18, 2017, 08:55:59 AM |
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Already some banks starts war against BTC.I think if it continued BTC may disappear .This is my greatest fear as a bitcoin owner right now.
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steveabrahams
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November 18, 2017, 08:59:00 AM |
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What are the top risks for Bitcoin holders?
When something really bad happen like a big exchange scam, a country banned bitcoin or a big bad news about bitcoin, because when it happened the price of bitcoin will falling so hard for sure. As a bitcoin holder, it's really make me afraid. Everything that makes bitcoin price fall is a big risk. |
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jonatuzc
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November 22, 2017, 05:59:44 AM |
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My fear as a Bitcoin holder is:
1. My fear of hackers who can access my account will be lost because it can be successfully stolen easily by hackers.
2. My biggest fear as a Bitcoin holder is to see the price of Bitcoin will reach below the price of 2,000 USD, because this is a big loss to me.
Don’t get your fears control your mind. Ups and downs are part of trading and when you see prices coming down then you must not lose your heart. Rather keep yourself determined and stiff because after every little downfall there is a huge jump of it. And as far as hackers are concerned, you must use some auntenthic and secured wallet so that this fear can be minimized. |
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Zinacrypto
Newbie
Offline
Activity: 25
Merit: 0
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November 22, 2017, 06:05:47 AM |
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My greatest fear is if most countries place a ban on it due to the fact that the transactions are not traceable and it will scare people from buying hence pushing its price down
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gajebo
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November 22, 2017, 06:18:25 AM |
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"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 personally more on fear of loss. that's all the rest I do not care. I think every bitcoin holder always has anxiety though not too much. I think that's normal |
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chip211
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November 22, 2017, 06:21:46 AM |
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"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 personally more on fear of loss. that's all the rest I do not care. I think every bitcoin holder always has anxiety though not too much. I think that's normal It is normal for people to worry about their money and fear it could be stolen. But if you are careful not to use and join web non-anonymous sites then you do not have to worry about anything. |
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