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Author Topic: What Are Your Greatest Fears As a Bitcoin Holder?  (Read 7296 times)
weblouartisan
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December 24, 2017, 04:07:12 AM
 #441

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.

Yes i am also scared about that too, There are times where traffic in blockchain is occuring because there are a lot of people who transfer their coins to another wallet or withdraw, It usually happen's where there is a huge change on the market or when the price of coins is decreasing.

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December 24, 2017, 04:49:14 AM
 #442

I think my greatest fear as a bitcoin from now is the time that i spent in btc will go to waste just because of the other factors such as getting hacked and scammed.Also the possibility of btc getting banned in our country and the government implementing a law which will affect the operation of btc in our country

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December 24, 2017, 04:54:57 AM
 #443

"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 for all bitcoin holders is when bitcoin is banned in the country and bitcoin value becomes zero and bitcoin circulation disappears as virtual currency and internet connection no longer exists
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December 24, 2017, 04:56:46 AM
 #444

For me the the greatest fear is being HACKED! If the price fall, one could just hold and wait until the price could go back to normal or high. But if you are hacked, I think there are no such thing that I've read that the people recover their bitcoins from hacking. Some said that a hacker just need a maximum of 15 minuets to empty you wallet. Thus I always turn on the two factor authentication and other sort of security measures.  
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December 24, 2017, 05:01:29 AM
 #445

"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 bitcoin is not getting the trust of investors, maybe that's the fear of bitcoin holders including me, and the value or bitcoin price is gone from the circulation of global virtual currency
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December 24, 2017, 05:02:50 AM
 #446

My greatest fear as a bitcoin holder is for bitcoin becoming worthless or priceless,
And also my bitcoin wallet being hack or losing all of my money.

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December 24, 2017, 07:10:39 AM
 #447

my biggest fear in holding bitcoin is when bitcoin can not be changed to fiat, and it can happen because the bank has been set by the government to not be able to withdraw bitcoin in any form, and forbid banks to cooperate with any bitcoin institution, so bitcoin will stuck in the wallet forever

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December 24, 2017, 07:33:52 AM
 #448

My greatest fear in bitcoin is when it become bubble.The value drop down and goes away completely.I'm afraid to happen because bitcoin is one of my expectations that will help my life be changed.And also to hacked my account because there are alot of scammer and hacker right now and I hope that I wont be a victim of that.

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December 24, 2017, 07:36:24 AM
 #449

The greatest fear of any Bitcoin holder will be a steep crash in the exchange rates of Bitcoin. The current rates ($14,000 - 15,000 per coin) are OK with me, but if it goes any further down, then I may be in trouble. Because I was planning to sell some of my coins next week. If the rate goes down, then I may need to sell more coins and that may disrupt my plans.

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December 24, 2017, 07:42:27 AM
 #450

I have only fear of hackers and I am trying to save my Bitcoins.
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December 24, 2017, 07:43:44 AM
 #451

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
My biggest fear as a bitcoin holder is when the price of bitcoin will dropped to $0 and it will become banned in all country. On the other hand, the most fear that they do not want to happen is when it would become bubbles. Lastly, I hope all my fear would not happen.
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December 24, 2017, 07:45:23 AM
 #452

my biggest fear is when I buy bitcoin at a high price and when I want to sell it suddenly the price drops
And also my bitcoin wallet being hack or losing all of my money.
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December 24, 2017, 07:47:41 AM
 #453

Recently, the bitcoin fall.
No one knows if this is going to go back to the 18k or 19k price or will be staying or fall more.
I know there have been a lot of panic with holders but as of now I would love to hold more in case it goes back.
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December 24, 2017, 07:50:51 AM
 #454

My greatest fear as a bitcoin holder is for bitcoin becoming worthless or priceless,
And also my bitcoin wallet being hack or losing all of my money.

I think the most popular fear as a bitcoin holder is the one that makes it more popular, it's volatility. Most of the people here invested or bought bitcoin for one purpose, to earn profit, but the thing is, it is not always going up, it sometimes go down and vice versa. When the price goes down, like what is happening today, most of the people panic and think of the worst.
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December 24, 2017, 08:10:42 AM
 #455

My biggest fear in investing in bitcoin is maybe the downfall of the bitcoin and bitcoin will not have any value in the future. also, maybe in the future IT expert or hacker learn to hack the bitcoin and they discover how to hack it. But for beginner, always check the site you visit to secure your bitcoin wont be hack from you.  Grin Grin Grin
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December 24, 2017, 08:16:15 AM
 #456

First of all, nothing beats the fear of the fall of bitcoin's price. And it happened these past few days. I hqve been thinking if I should sell my bitcoins or wait for it to rise again. Since based on my experience, this is the time when bitcoin rises much greater than its fall. I also fear being scammed, especially I am not a computer guy at all.
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December 24, 2017, 08:18:53 AM
 #457

Waking up one day and everything is in the worst moment that ever could happen where bitcoin's value plummeted to 3 digits which is less than a $1000. Another one is US  going to plan or implement a total ban on crypto.
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December 24, 2017, 08:21:02 AM
 #458

The greatest fears when everything have to pay with bitcoin and i dont have one
Thats nightmare bro

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December 24, 2017, 08:25:11 AM
 #459

"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?

What I'm afraid of when Bitcoin suffered a greatly reduced price. Surely will suffer a considerable loss.

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December 26, 2017, 06:39:45 AM
 #460

The only thing that scares me is got hacked. In past i read some articles that many wallets got hacked and more than 70$ millions  are stolen. Nice Hash wallets are one of them and not on the block chain they're internal. The second fears is its price which can drop any time without giving any notification or warning.
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