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Author Topic: What are your biggest concerns regarding Cryptocurrencies?  (Read 1175 times)
realknow
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December 22, 2017, 09:37:45 AM
 #41

kolo my greatest concern is what if we are tired of collecting coins with difficulty, but when we want to exchange our coins with the rupiah coin that we collect can not be rupiahkan that's the thing I'm most concerned, aka zonk

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December 22, 2017, 09:39:42 AM
 #42

Days like today are my biggest concerns, I work blockfolio like a crazy man until it spits out a number I feel hope in  Sad
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December 22, 2017, 10:02:08 AM
 #43

Decentralization and just like you im concerned if the government takes over or get involved in the crypto market.
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December 22, 2017, 10:13:59 AM
 #44

I want to write an article about this and I've been asking around.

So far, I've found:

* Fraud and scammers
* Government taking over
* Scalability and governance

How about you guys?


- 1st is lack of accountability by some (not all) ICO promoters. They just play with the investors money in ways that would get them to jail in any other situation.
- 2nd is cybersecurity. Everyday we wake up to know that an exchange or a service has been hacked.
- 3rd one is market manipulation. Pump and dumps and organised manipulation.
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December 22, 2017, 10:43:48 AM
 #45

My biggest concern right now is Bitfinex, you are probably why ? because Bitfinex is behind the Tether coin, and they keep printing it like it's nothing. As you know Bitfinex got hacked a long time ago, so I will not trust them on tether, I dont think they have 1.2 Billion of real USD dollars to back them up

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December 22, 2017, 12:06:05 PM
 #46

I want to write an article about this and I've been asking around.

So far, I've found:

* Fraud and scammers
* Government taking over
* Scalability and governance

How about you guys?

a very good plan man. I really support you to make an article about it because it will be very helpful for investors and also the bounty hunter. spirit and I wait for your article.

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December 22, 2017, 12:39:11 PM
 #47

I am interested in the appearance of new coins as well as the coins that have disappeared recently in the crypto market. Because this will help me to grasp the rules of coin development, it is very beneficial for me to evaluate the pennies later. The past few days have marked the great volatility of the entire crypto market.

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December 22, 2017, 01:35:22 PM
Last edit: January 17, 2018, 01:18:50 PM by WasTriffin
 #48

I want to write an article about this and I've been asking around.

So far, I've found:

* Fraud and scammers
* Government taking over
* Scalability and governance

How about you guys?


* Not nearly enough competent "dev teams" to support +1450 ( and growing ) coin networks
* Projects that have no self funding mechanism nor development "road map"  
* Poor security features on exchanges and especially in "wallets"

WasTriffin

lolchina
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December 22, 2017, 03:35:41 PM
 #49

Large scale hacks or exchanges that turns out to dont have money coverage,like bitfinex and tether and all of the crypto market turns out to be a large ponzie scheme.Dont really think that goverment can put the end to it as there is already a lot of money in it and most goverments are fine with it as long as they are taking their cut
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January 09, 2018, 03:42:30 AM
 #50

Decentralization and just like you im concerned if the government takes over or get involved in the crypto market.
Governments are going to get involved with crypto, that is inevitable but at the same time they cannot take over bitcoin directly, what they are going to try is to deceive people into thinking their own versions of cryptocurrencies are even better than bitcoin, many people are going to fall for that, but there are many which will choose bitcoin and when the financial system collapse we are going to benefit tremendously while those that invested in government backed coins are going to lose everything.
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January 09, 2018, 01:20:14 PM
 #51

I think the below article will give you better understanding about the concerns


https://www.businessinsider.in/Bitcoin-retains-its-crown-as-crypto-king-but-issues-still-hang-over-the-cryptocurrency/articleshow/61631871.cms

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January 09, 2018, 01:59:54 PM
 #52

My biggest concern is loosing my coins. Because there are so many people in cryptoworld that lose their coin. And i don't want to experience that so i always take good care of my coins.

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droptableguy2
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January 09, 2018, 02:24:47 PM
 #53

My biggest concern is loosing my coins. Because there are so many people in cryptoworld that lose their coin. And i don't want to experience that so i always take good care of my coins.
To avoid losing the most important thing is to keep your coin carefully, always keep your private key in the safest place possible. For keeping the coin on the trading floor, you should open the 2FA security mode to protect your account best. In business the first thing you need to do is keep your capital stable.

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January 17, 2018, 03:06:33 AM
 #54

My biggest concern is loosing my coins. Because there are so many people in cryptoworld that lose their coin. And i don't want to experience that so i always take good care of my coins.
That is a real concern as bitcoin becomes more valuable you can be sure that more and more hackers will do everything to find vulnerabilities in online services like online wallets and exchanges in fact not too long ago the hacking of exchanges happened quite frequently, but even if that has diminished that does not mean that hackers are not going to target specific users that have a good amount of bitcoin.
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January 21, 2018, 01:51:17 AM
 #55

That it is impossible to know what will happen once regulations kick in. The government can fuck it up instantly. Also all the problems regarding exchanges and people not being able to get any kind of support from them , it gives a bad name to crypto.
Darklinkz
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January 21, 2018, 02:39:24 AM
 #56

My biggest concern is when the team behind the coin is very enthusiastic at the start and then a year has passed, they have abandoned it. It's always hype and proving their worth until the very end has a very slight chance.
EvaGC (OP)
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January 21, 2018, 12:46:01 PM
 #57

My biggest concern is when the team behind the coin is very enthusiastic at the start and then a year has passed, they have abandoned it. It's always hype and proving their worth until the very end has a very slight chance.


Interesting. Do you have an example where you saw this happening?
jomz312
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January 26, 2018, 08:13:44 AM
 #58

Will i guest that this is not the first time that cryptocurrencies are responding in such a manner especially after some resistive measures by governments.
This time around the popular narratives is that this market behavior is a result of the most recent regulatory pressure from China and south Korea.
Interestingly, the cryptocurrency market seems to rise and fall of prices on the exchanges.
A little fuzzy but there are several factors to play,because most exchanges use bitcoin as a universal trading currency.
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January 26, 2018, 08:33:54 AM
 #59

I want to write an article about this and I've been asking around.

So far, I've found:

* Fraud and scammers
* Government taking over
* Scalability and governance

How about you guys?


Those you have mentioned are the Major concerns for the majority. What concerned me most nowadays are the people behind who's trying to take crypocurrencies down. Government, Hackers, Banks, and Big Time Businessmen they are all against the success of Bitcoin in the market. Also these pump and dump situations, because I think only those who are already rich becomes richer while the others (including me) are working very hard to become rich, I mean they can easily manipulate the prices in the market by putting huge amount of money into a specific coin and suddenly pull it all out when it turns to be very profitable. Isnt very unfair for us, this is clearly taking advantage, our loss is their gain.

R


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evermotz
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January 26, 2018, 08:40:22 AM
 #60

Large scale hacks or exchanges that turns out to dont have money coverage,like bitfinex and tether and all of the crypto market turns out to be a large ponzie scheme.Dont really think that goverment can put the end to it as there is already a lot of money in it and most goverments are fine with it as long as they are taking their cut

Large scale hacks... it remids me on etherdelta DNS hack before.. I was really scared that my coins are taken away from me...
SO yeah, my concern is the security of crypto wallet and trading platform..

I also concerned of what will happened to my wallet if I died before I share the address and priv.key with someone on the family..

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