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Author Topic: What scares you the most?  (Read 1955 times)
Chris Barth
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November 01, 2019, 04:34:16 AM
 #61

Nothing scares me like losing my mnemonic phrase required to open my wallet. This makes me troubled sometimes. However, I've backed it up in about 3 different places.

Get a wallet and move some BTCs, here's mine: [12GZz7hegu8VCkJYHSuP3WTXg7LGXgL1vT]
Apes
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November 01, 2019, 04:34:28 AM
 #62

that scares me a lot, losing private key is scary as well losing the smartphone that contains Google Authenticator 2FA,
both of which have never been backed up before. make so hard to recover it.
because cryptocurrency is self responsibility, loss of private key, 2FA code and wrong wallet address receiver when do a transaction
becomes a nightmare of its users.
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November 01, 2019, 05:42:45 AM
 #63

I'd say, after finished buying my bitcoin from the store and dropping it down a sewage drain.
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November 01, 2019, 06:05:55 AM
 #64

What scares me? Well aside from losing my private keys or when my email hacked and my PC is broken, I scare most is  when Bitcoin collapse or will be gone forever. Because although my email is hacked I still have the chance to earn knowing that Bitcoin still there, but if BTC is gone it will be end of our journey .

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November 01, 2019, 07:18:20 AM
 #65

Only one word: hacker.
That's what I fear the most. No matter how good I apply security, my wallet can be hacked. Be careful, they always find loopholes in weakness. Losing because of being stolen is more painful than losing due to misses analysis. Hopefully, this bad experience does not happen again and does not happen to you all.

Well, the topic that suits Halloween very well. Many scary "fears" haunt.
Indeed, its one of the most painful thing that had happened to some of us losing our funds and assets because of hackers and scammers. Like all of your hard work, time and effort are wasted for nothing. If that happens to me, I don't know what will happen next because I usually panic over things that is why I tend to do some research before engaging with different people because you can't easily tell their true intentions. If you have experienced it then let it be the reason why you should be careful next time, turn it into a lesson so you can avoid doing the same mistake.

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November 01, 2019, 07:29:48 AM
 #66

what scared me the most was when the coin I selected was dumped and couldn't pump anymore. I lost quite a lot earlier this year because I chose the wrong coin. from this experience now I prefer to choose the top 20 coins because it is guaranteed safe and impossible to crash because it has long survived in the crypto market and has a large trading volume.
sometimes I am also afraid of losing a private key like you but then feel calmer when copying on a piece of paper and keep it in a safe place. so if one day my computer has a problem I can rely on the paper.

 
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November 01, 2019, 07:36:59 AM
 #67

I think that the fear of malware and hackers is maybe the worse... I had fear about the exchanges, but now I just don't keep anything there, since cryptobridge scam...
Loosing access to wallets is also a scary thing...
are you planning a crypto horror movie and gathering ideas?

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November 01, 2019, 07:52:30 AM
 #68

Biggest fear on crypto and any online stuff we do is hacking. Hacking is preventable but may still happen even though you protect and care for your stuffs online. The internet is vulnerable to this kind of things so maybe thats my number one fear. Second is the risk of bitcoin network collapsing, a big catasthrope that lets say somewhat possible to happen in no time.

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November 01, 2019, 09:07:18 AM
 #69

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
In my own personal opinion, my biggest fear in cryptocurrency is when bitcoin and other altcoins that i hold will lose it's value because all of my hardwork and money will disappear in an instant. Honestly, hacking could easily be prevented by everyone, as long you stay invisible or hidden to everyone that you avoid things that can lead you to hacking, that is why i don't fear hacking.
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November 01, 2019, 10:55:08 AM
 #70

As a person who has lost a private key before (for a wallet that had a considerable) amount of Bitcoin in it, the only fear I have left right now is being involved in a pump & dump action. It's something really annoying and tough to get out of. I would not like to see anything like what happened to EOS and Bitcoin Cash back in the days.

Lesson learned bro. Just save your private key always in online because at least it won't be gone unless there's a hacker who want to get your private key.



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November 01, 2019, 11:10:32 AM
 #71

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
I fear losing all my private keys, passphrase and other private info with regards in crypto. I am afraid that maybe someone could hack my account and stole all my hard-earned money as well. So basically, I am afraid of losing my savings because this is all I had, this is where my income came from, I have no job and I'm just relying in crypto. That is why I keep my private keys in safe place and I am the only one who have access on it.

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November 01, 2019, 11:12:00 AM
 #72

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

do you want to know what's scarier? In my case, the scariest thing would be for my country's central bank to follow in the footsteps of India and China, and the government and parliament do not object. Unfortunately, many of these politicians are people who lived their childhood at a time when there was no breakthrough in technology and they do not accept to adapt to the new times. In my country, for example, politicians have serious perception problems when it comes to technology. , it makes me afraid

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November 01, 2019, 11:28:33 AM
 #73

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

Waking up that the whole market went down to nothing is likely not going to happen at this point in time, but on losing your private keys that could possibly happen if you are not taking care of it, three things will scare me the most getting my email hacked and my account here in Bitcointalk hacked and of of course all my wallet private keys have gone, any one of this will cause anxiety to me.

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November 01, 2019, 12:18:24 PM
 #74

As for me, I am worried when the time that manipulation from the world government will come, no one can tell what will happen to its price.
There may be a positive and negative side to it, but who knows what will really happen.

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
I fear losing all my private keys, passphrase and other private info with regards in crypto. I am afraid that maybe someone could hack my account and stole all my hard-earned money as well. So basically, I am afraid of losing my savings because this is all I had, this is where my income came from, I have no job and I'm just relying in crypto. That is why I keep my private keys in safe place and I am the only one who have access on it.
Well, that's an individual fault or mistake.
Being responsible will avoid you from losing your private keys. Storing it to a hardware wallet will give you assurance and saving private keys to your google drive or one drive might help you to lose it.


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Genemind
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November 01, 2019, 01:30:35 PM
 #75

Just like some of you, I'm afraid that Bitcoin could lose its value because I have invested my earnings in BTC. I have been holding it for a long time hoping that it could have a good value in the future but I always have my faith in cryptocurrency. Bitcoin is growing and there are adoptions each day so that's too impossible to happen. Happy Halloween, mate!
DabsPoorVersion
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November 01, 2019, 01:49:11 PM
 #76

What I scare the most is when the government will start to regulate and even implement to have a tax on bitcoin, it may be impossible for us to have the true purpose of bitcoin when it happens.

Just like some of you, I'm afraid that Bitcoin could lose its value because I have invested my earnings in BTC. I have been holding it for a long time hoping that it could have a good value in the future but I always have my faith in cryptocurrency. Bitcoin is growing and there are adoptions each day so that's too impossible to happen. Happy Halloween, mate!
An individual fear is always inside of every one of us. Bitcoin is a currency that cannot lose its value any time, it is valuable to every users and investor. It will only lose its value once it is completely forgotten which is impossible.


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CarnagexD
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November 01, 2019, 01:58:36 PM
 #77

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
Same with you OP I am also scared of losing private key and password that's why I always save it in a file then I will put in a folder. I am also scared about the price of different cryptocurrencies simply because some of them might lose value on the market or some of them might take time to recover. Lastly, I am also scared of hackers because they might steal all your cryptocurrencies and we all know there many incidents of hacking that's why we need to protect all our funds and even our password and private key.

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airdnasxela
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November 01, 2019, 02:08:23 PM
 #78

Aside from losing my private key and getting hacked since all of us probably are afraid of it, what's also scary is my local government prohibiting cryptocurrency in my country. Although right now it seems impossible since I could see that the government have no plan of banning bitcoin. But this problem just cross my mind, what if this actually happens? How am I supposed to deal with it?
Kambal2000
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November 01, 2019, 02:21:22 PM
 #79

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

Waking up that the whole market went down to nothing is likely not going to happen at this point in time, but on losing your private keys that could possibly happen if you are not taking care of it, three things will scare me the most getting my email hacked and my account here in Bitcointalk hacked and of of course all my wallet private keys have gone, any one of this will cause anxiety to me.

That's a nightmare for me too if the whole market went down, hope that won't happen as it will be the biggest fear of every trader. But so far that is impossible to happen, as we all know that cryptocurrency is day by day adopting by most countries and it is widely using now too.
lumeire
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November 01, 2019, 02:30:37 PM
 #80

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
The biggest fear for me in Crypto is also loosing my private keys and getting hacked. I have already suffered from this kind of incidence once when I forgot the keys of one of my wallets and accidentally deleted that wallet and after a few days I got my bounty payment in that wallet but was horrified after realizing that I deleted that wallet.

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