Top 5 Concerns About Bitcoin ?

[TravelMug]

What would be your main concerns and thoughts about cryptocurrency?

People who think that this market is for them, specially those who enter for getting rich quick, sadly they're disappointed and exited and never come back.

People who blatantly throw their money in scam ICO and then bitch around when those projects pull a exit scam.

People who really don't understand how everything works, but just because their friends encourages them to join, invest on crypto but doesn't know how to protect their assets.

[Eugenar]

The possibility of being hacked of course I do not know how hackers are doing it but I have read some news that they actually are doing 

I always see some news that some people get hacked by hackers and it stole all their funds and cryptocurrency. Even some exchange get hacked and I also do not how can do that things because all we know all exchange has strong security.

[No Pain No blood]

Just like to ask everyone out there. What are your top 5 Concerns regarding more less Cryptocurrency? not just Bitcoin in General. But more in the whole area of Cryptocurrency?

This could from regulation? Adoption? uses?

What would be your main concerns and thoughts about cryptocurrency?

My biggest concern has happened last year, namely about the fall of the market and the decline in the level of investor confidence in cryptocurrency. and too much speculation and rumor made the crypto more feared.
Crypto should focus on mass adoption

[Onuohakk]

Am not impatient with cryptocurrency in general and I honestly feel it can still develop but the current major concern I have with it right now is
*the high rate of scam
*price fluctuation

[awawo]

My main concern about the entire crypto space is what if we never get the Kevel of adoption needed to make it a global currency, and also what if the entire crypto get hacked some day and all our life investment get stolen. What if the government of all the countries in the world sees bitcoin as a threat and do everything possible to bring it down. This and many more are my worries.

[serjent05]

Right now most concern people are into with bitcoin is the price. It is a long term bearish season till now and along with bitcoin price other cryptocurrencies are also down. other than this is transaction time, uses and its volatility, its vulnerability to hackers is also one concern but it all depends on the holders and not on bitcoin itself.

[Danslip]

My biggest concern is the safety of coins in the online world. It is dangerous to hold private keys on the personal computer, one single mistake can destroy all my hard work and crypto. That's the reason I afforded 90$ to buy a new hardware wallet for the safety of funds.

[xvids]

I think my concerns in Bitcoin would be the value ,
And the adoptation of people for it,
We have seen so many huge companies adopting cryptocurrency,
And I think it is a good thing but the problem is,
Most of the new comers are just here for the profit and thinks of crypto as an easy way to be rich.

[Gaggy185]

i think bitcoin is a weakness at the customer support and the sensitive with the phishing website, so the user need to care about the phishing website and i think you should checking twice before sending the bitcoin

LOL, Bitcoin is the currency, not the service, so that customer support is superabundant. I think you should read the FAQ of Bitcoin carefully before making transactions with Bitcoin. And the bitcointalk forum is the ideal place to aks the problem about Bitcoin.

[matthewio]

My concern is having a large pile of bitcoins in the hands of a few. There are wallets hold several hundred of thousands of bitcoins, imagine what will happen if bitcoins becomes a million dollar asset, we will have a new class of persons richer than nations.We such power in the hands of few, we will be back to the system we were trying to avoid in the first case- the banks owning everything. I fear wall street taking over bitcoins

[mapanlah]

The concern that we usually feel is that the country we live in does not recognize bitcoin as a currency and our potential concern is that bitcoin can be categorized as illegal goods, our fear is that our digital assets are blocked by the state and we can lose our money and worry feel it. does the same thing happen in a different place ??

[Carrelmae10]

..as of now, my main concern is the safeties of newbies and those who are just starting in crypto..I am afraid that they will be deceive and be scam by somebody..we all know and are aware that scammers spread everywhere,,i am afraid that they will become one of their victims..second to that,,i want Bitcoin to become legal to most of the countries that threated bitcoin as illegal..third is the adoptation of all people with regards to the use of Bitcoin.

[muhtesem]

I think there are too many concerns.  but five can be: Bitcoin wallet hacked, or fear of this. sudden price drop, manipulate the Bitcoin price Laws and rules, regulations on Turkey. And the Problems with time and mining. And also, ICO scams

[maxreish]

Total adoptation of bitcoin concerns me the most. People are not yet ready to fully accept such cryptocurrency like bitcoin. Also, the reputation of btc for some people aren't that good. There are news about it but it is hard for some to really understand how it works.

[steveabrahams]

Price is the obvious one, then regulation and adoption. I think price is the most reason why people use bitcoin and it's a big concern there. Many new people learn and use bitcoin nowdays because of price back then on 2017 but when the price dropped till now, some people give up on bitcoin and move on.

[odeskpawan]

The first and foremost concern would be the volatile and fluctuating market. The price of bitcoin is constantly changing, so there is no telling if you’ll get the ROI. Cybertheft is also a significant concern that the cyber world is facing. As it is technology-based, it leaves it open to cyber attacks. Also, there is no way you can retrieve your stolen or lost bitcoins. The owners are more vulnerable to online fraud as well.

Moreover, not all companies are using cryptocurrencies and recognize it as a legitimate exchange. The cryptocurrency is still a young technology and is constantly changing. So, no one knows how the crypto market will evolve.

[amonymous]

Just like to ask everyone out there. What are your top 5 Concerns regarding more less Cryptocurrency? not just Bitcoin in General. But more in the whole area of Cryptocurrency?

This could from regulation? Adoption? uses?

What would be your main concerns and thoughts about cryptocurrency?

Everyone expects a big profit from Bitcoin and they want Bitcoin value to be more than one-dimensional.in fact they are always want how to makes profits more and more.maybe this the real reputation to use bitcoin.

[sunsilk]

It seems that everyone's concern is about the price and volatility. It shouldn't be your concern because bitcoin is moving to its own and instead of thinking of it as a concern, it's one of the best asset that bitcoin has.

Due to the volatility and having no stable value, this makes everyone feel not comfortable of investing their money on it. But if you are a risk taker and you sees opportunity on it, you're going to make good money with it.

[tunapa]

One of my major concerns is about loss of coins that are sent to a wrong address. I think there should a solution to this that will make people recover their coins after doing one or two things and also about hacking there should be a lasting solution to it.

[killat]

Just like to ask everyone out there. What are your top 5 Concerns regarding more less Cryptocurrency? not just Bitcoin in General. But more in the whole area of Cryptocurrency?

This could from regulation? Adoption? uses?

What would be your main concerns and thoughts about cryptocurrency?

The main concern in crypto should be security. All others (adoptio  rate, regulations etc) are less important as if you lost all your funds it doesn't matter that much if they were regulated or not 😊

Investing in a hardware wallet is the best option to keep your crypto safe.