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Author Topic: What Are Your Greatest Fears As a Bitcoin Holder?  (Read 7301 times)
mkcube
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March 26, 2018, 03:07:40 AM
 #941

My greatest fear as a bitcoiners is hacking and scmming,becuase you dont know when they arrive anytime they can hack ur system.They are the silent killer in the society.I hope that all our transactions in btc are secured and no one can touch our crpytocurrencies.
btcrut2017
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March 26, 2018, 03:34:45 AM
 #942

"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 bitcoin holder is the scanmmers and hackers. I am receiving reports that bitcoins are decreasing it's value and maybe this is the cause of people that will not invest un bitcoin.
Twentyonepaylots
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March 26, 2018, 03:39:52 AM
 #943

I think as a holder of bitcoin, my greatest fear besides being scammed is that my investment might not fully be successful because as we all know bitcoin is very dynamic and fluctuate every now and then, but due to this circumstances it might go down the road i have most feared, and bitcoin might crash and make my investment worthless.
Pier7
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March 26, 2018, 03:53:47 AM
 #944

My greatest fear as a bitcoin holder is when the time comes that nobody will value the bitcoin anymore and the value will crash and it will become worthless.  When not any one merchants  will accept bitcoin as a payment and it will just become a cool collection and a part of history in the technology now.
jamids
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March 26, 2018, 04:12:48 AM
 #945

My greatest fear would be losing my bitcoin because of carelessness. It might be sending to a wrong address or being hacked. I always triple check the address when sending and always uses 2FA in all of my accounts because we know that in bitcoin there is no turning back because once it is done or confirmed then there is no remedy to it. All we need is to always be careful and secure our accounts and refrain from exposing our holdings to people because there are many cases wherein people stalk some social media accounts because they knew that someone has that much holdings. It will make you become a target to a hack or even physical attack if they knew where your house is.

hsnjtdj
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March 26, 2018, 04:32:00 AM
 #946

I think my biggest concern is that Bitcoin should be stolen. Regarding the future of Bitcoin, I think we worry that it is useless. How is its future? We can only hope that it will become more and more successful because only if it succeeds, can we obtain greater wealth from it.
dangwapo311
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March 26, 2018, 04:32:43 AM
 #947

For me my greatest fear dealing with bitcoin is being scammed and hacked. I just imagine myself being in that situation. Imagine all your hard earned bitcoin just vanished. All your hard work just to earn all those precious bitcoin wasted.  That is why I try so hard to be responsible, cautious and not easily fall for scammers. I also keep myself updated to the latest news about people being scammed and hacked to know how to avoid or react to these situations if ever it happens to me.
washing.machine
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March 26, 2018, 04:39:14 AM
 #948

my biggest fear is if one day I can no longer make money with bitcoin, because for now I just focus on making money through bitcoin. Hopefully the future bitcoin continues to grow and the price is increasing soaring.
Samj16
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March 26, 2018, 05:01:55 AM
 #949

As a bitcoin holder some of my greatest fears are as follows:
1. The btc value decreases and having a difficulty to rise again  
2. I am afraid that my btc account will be hacked or i might be scammed
3. I am afraid that oneday bitcoin will crash and its value will be worthless.

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Nyeyzel
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March 26, 2018, 05:28:03 AM
 #950

For me, the greatest fear of the bitcoin holder is the value of it! Bitcoin is very successful because it has a big value and it keeps increasing. People fears that if bitcoin price value drops to its lowest price.
 In some country they already banned it, and it is also a fear of the people that their country will do it. And the scariest is the hacker that might steal your bitcoin.
bitcoinskyrocket09
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March 26, 2018, 05:31:06 AM
 #951

For me,  the greatest fears of a bitcoin holders are the scammers and non legitimate acticities that involves bitcoin because some times we cannot see any other idea and information about those works and activities that are held and as you in everyday there are people that were scammed.
roronoa zoro
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March 26, 2018, 05:38:54 AM
 #952

Ketakutan terbesar sebagai pemegang bitcoin yaitu adanya peretasan wallet dan altcoin pada akun pribadi.Sehingga para hacker dapat dengan mudah membobol setiap akun.
Piggymonster
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March 26, 2018, 05:50:52 AM
 #953

The greatest fear of the bitcoin holders is the fact that the hackers is very rampant and may steal their hard earned bitcoin in their wallet and the fact that their is no insurance to absorb the loss since there is no middle man or central authority that control the bitcoin.
MidKnight
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March 26, 2018, 05:53:21 AM
 #954

I have only two situations in my mind that I'm really scared to happen. One is getting hacked and losing all those btc that I saved for years and two is losing it's value like it's useless because it is banned or illegal.
dkkoi5
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March 26, 2018, 05:55:36 AM
 #955

Not only Bitcoin, but other virtual currencies also have bursts of bubbles. I think this will inevitably happen. Regulatory exchanges cannot trade for OTC transactions. My only concern is the impact of regulation.
nelsmining
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March 26, 2018, 06:04:45 AM
 #956

I think hackers and scammers are the most immediate concern for most people but as a future concern regulation by governments will be an ever growing issue.
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March 26, 2018, 06:37:26 AM
 #957

my greatest fear about bitcoin is bitcoin gonna got banned in my country.
If that happens, time to sell my bitcoin then.
but i think the government in my country won't do that.

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Monette2k17
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March 26, 2018, 06:54:16 AM
 #958

The greatest fear of bitcoin holder is your bitcoin wallet hacked by someone.

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M0N3YMAGNET
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March 26, 2018, 06:56:37 AM
 #959

My fear is that people will sell because they are to weak minded to understand how awesome BTC really is.
bambazamba
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March 26, 2018, 06:59:09 AM
 #960

The overnight fall of Bitcoin and bleeding market conditions which makes value of Bitcoin very tearful for its holders. We believe that market will rise again but still it is very fearful to see your portfolio falling down every hour but this is a disadvantage of volatility and one should get adapted to such conditions.
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