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Author Topic: What Are Your top Concerns in Bitcoin and Crypto?  (Read 694 times)
xbossJ
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August 28, 2018, 04:23:55 AM
 #81

My major concerns with bitcoin and cryptocurrencies! Is the number of scams attempting to take away the glamour! These come in different ways, manipulative markets, by coin creators and exchanges(exchanges connive with teams or creators of coins/ ICOs to manipulate the market for their own selfish reasons. I know a case that is currently ingoing), the supply of tokens lately(cryptocurrencies are suppose to be commodity money, and obey the law of demand and supply meaning when there is high demand prices go up and vice versa, imagine a worthless gabbage of a shitcoin having a supply of 1trn) the basic economics not considered when rolling out a supply(teams particularly ICOs, mint outrageous supply of tokens, only to now use them as dump tools after ICOs leaving investors helpless with worthless shitcoins), the major set back is manipulative marketing, it will scare investors away.

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August 28, 2018, 05:10:45 AM
 #82

My number one concern is KYC and all of our names being attached to our public address. This would create the perfect tax farm for the elite.  A perfect 1984 like situation. 

Please keep your identity private and avoid project wishing to obtain your personal data. 

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August 28, 2018, 09:48:29 AM
 #83

My top concerns in bitcoin and crypto is the price, I hope that the price will increase because when the price fall the users are worried and afraid they overthink to what happen next to them and they afraid because they didn't get the price that suitable to them. So I hope sooner the price back to the old that high.
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August 28, 2018, 11:32:10 AM
 #84

For me it is its very volatile price. Bitcoin and cryptos prices can rise or drop quickly. Which makes it very risky to just get into bitcoin and put your money to it. Whales can manipulate them and those small holders mostly panic to sell their holdings. Only those big whales can get the most out of it.

Also only few stores know and acknowledge bitcoin as currency and that makes it difficult for bitcoin to spend directly in real world. You must first cash out it on your bank account or some way accepted in your country.

 
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August 28, 2018, 11:54:40 AM
 #85

My concern on cryptocurrency is adoption. Right now many startup launching ICOs and have different bussiness purpose but many government ban cryptocurrency. Adoption in any bussiness and for our purpose will more faster if government regulate cryptocurrency.

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August 31, 2018, 06:38:58 PM
 #86

What would be your top 5 to 10 concerns or questions you have for bitcoin and rest of cryptocurrency?

questions on future?

What is going on?
current state of affairs?
political?
social?
technology?
adaptation?
economical?

what are your concerns or questions you have that don't have answers to them at this time?

What I think always about Bitcoin and other main cryptocurrencies like Ethereum and Neo is that what kind of political decision the world will take because it is very important to there success or downfall and no matter how capable they are as digital currencies government impact is very important to there future because our investments will loose in moments if something bad decision is taken politically
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September 05, 2018, 02:10:07 AM
 #87

My top concerns are government policies that are not sufficiently accommodative to innovation such as blockchain and mining or node centralization. Legislation that is overly harsh or draconian will prevent wealth from being shared in the coming decades. We also have to always be mindful of the dangers with centralization, and remember the very reason why decentralization is needed.
I really do not think that we should expect any kind of policies that encourage the adoption of cryptocurrencies, if some countries just happen to do exactly that then I'll be tremendously happy, but it's not something that I'm expecting because I understand very clearly that just the mere existence of something like bitcoin and cryptocurrencies is a direct threat to governments.
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September 11, 2018, 07:51:29 AM
 #88

My main concern is related to technological advancement in the Bitcoin field because still I feel as a digital asset it's speed is not enough to do frequent transactions when comparing to Ethereum and other virtual currencies we see in the crypto world so I hope if there are any way to fix this problem in the near future for Bitcoin to gain its speed because it will be better for the future of Bitcoin and its users 

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hahay
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September 11, 2018, 07:56:36 AM
 #89

I personally did not feel worried even though I was a little worried when the market fell. I'm not worried about issues, politics etc. about bitcoin, because I already believe that bitcoin can survive for a long time, that's why I don't feel worried, because there are many crypto communities that will make crypto survive for a long time and become strong when lots of resistance or rules for crypto.

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September 11, 2018, 08:01:46 AM
 #90

My main concern is related to technological advancement in the Bitcoin field because still I feel as a digital asset it's speed is not enough to do frequent transactions when comparing to Ethereum and other virtual currencies we see in the crypto world so I hope if there are any way to fix this problem in the near future for Bitcoin to gain its speed because it will be better for the future of Bitcoin and its users 
The bitcoin transactions were lot faster and cheaper when we compare the past years so it keeps developing on its own and in future it will become suitable for daily life when the lightning network gets implemented on the mainnet.My concern is not about the bitcoin or the other crypto currecny it is about the bitcoin users who uses bitcoin only for trading which make the bitcoin unusable as currency.
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September 11, 2018, 11:32:52 AM
 #91

My main concern is the price of Bitcoin in the future because I have planned to invest in Bitcoin but like many I am not a wealthy person so if I am investing that means I have to take a huge risk and a burden on my shoulder so I always think how will be the Bitcoins price will be in the future whether it will increase or it will again go down to 3000$ because even some can take such losses for me that kind of loss is too much considering my situation but I really want to do an investment because doing nothing wont make any change in my life
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September 11, 2018, 12:54:09 PM
 #92

Investing in an cryptocurrency basket along with other investors is the same form as a mutual fund. Some baskets may also act as index funds with the electronic money community. Thanks to diversified asset services, this will reduce the volatility of the electronic money market and encourage more investment.
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September 11, 2018, 01:04:01 PM
 #93

Bitcoin and Cryptocurrency are advanced technologies in Payments. but in fact, even though Bitcoin has been around for around 10 years, there are still many countries that doubt this technology, even there are countries that have blatantly banned Bitcoin in their countries. maybe this is my concern for Bitcoin, namely legal issues and legality. if the longer the fate of bitcoin is hanging like this, I'm afraid public trust will disappear and Bitcoin has no value anymore.
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September 11, 2018, 01:10:44 PM
 #94

What would be your top 5 to 10 concerns or questions you have for bitcoin and rest of cryptocurrency?

questions on future?

What is going on?
current state of affairs?
political?
social?
technology?
adaptation?
economical?

what are your concerns or questions you have that don't have answers to them at this time?
I observe that crypto currency today is becoming popular. But I see there are lots of unsuccessful ICOs and also scams. The price since I started is more on the bottom, it sometimes goes up but not too high. I just hope this coming months, crypto currency will recover.

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September 11, 2018, 01:14:47 PM
 #95

What is certain is the biggest concern is the decline in the market, but as long as I can be patient, it is not a problem for me, the market decline is normal and it is very unlikely the market will fall forever, I am sure the market will recover.

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September 11, 2018, 01:17:39 PM
 #96

My concern about bitcoin is that will bitcoin still survive in the future and will i profit on spending or investing in bitcoin, others is will it be easy to do and understand so that many people will be interested in bitcoin more.
CodyAlfaridzi
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September 11, 2018, 01:19:24 PM
 #97

What would be your top 5 to 10 concerns or questions you have for bitcoin and rest of cryptocurrency?

questions on future?

What is going on?
current state of affairs?
political?
social?
technology?
adaptation?
economical?

what are your concerns or questions you have that don't have answers to them at this time?
I would say security and volatility. By security, I mean mostly on the user side.  As most people already aware that most hacking and scamming are caused by 3rd party and human error like not using 2FA, deceived by phishing link, exchange security bugs, etc instead of the flaw in the coin itself. Well, there are some cases where the coin/token itself is faulty but it's not much as 3rd party fault.

Cryptocurrency user needs to raise their awareness on security stuff. People from third world country are usually the one who fall for that kind of hacking.
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September 11, 2018, 01:38:22 PM
 #98

So when i entered bitcoin my top concerns were that does bitcoin will really change my life and help me a lot with my expenses. That if i invest in bitcoin is it 100% sure that i will become successful because that time i am really afraid to lose all my money. bitcoin was my last chance to survive daily and thank god it helped me a lot.

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September 11, 2018, 01:48:27 PM
 #99

All Bitcoin investors and traders certainly want the price of Bitcoin to rise high, because then they will get a big profit. And also I as a new player in bitcoin, hoping that the value of Bitcoin will continue to rise. And I don't want, because of the bad news about Bitcoin, people will sell their coins, which causes supply to accumulate and the price of Bitcoin becomes low.
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September 11, 2018, 01:56:18 PM
 #100

I am afraid bitcoin is losing its value, there could be manipulation in the market which causes the price of bitcoin to deteriorate, I am afraid it will affect the confidence of investors, especially beginners like me, it will have a negative impact, I still want to join here longer, bitcoin is very interesting to me even though sometimes it's like an adventure that pumps my heart
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