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Author Topic: What Are Your Greatest Fears As a Bitcoin Holder?  (Read 7271 times)
lighpulsar07
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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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spinno
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November 02, 2017, 06:59:47 PM
 #103

I think my greatest fear will be hacking of my BTC account.
marcuslong
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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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