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Author Topic: What are the biggestest threats to Bitcoin?  (Read 6569 times)
ThomasCrowne
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June 27, 2014, 01:12:03 AM
 #141

1.) Unscrupulous bitcoiners.  Thieves basically.
2.) Mining centralization
3.) Net Neutrality being compromised.

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thew3apon
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June 27, 2014, 01:19:45 AM
 #142

The biggest threat is surely running out of Bitcoin addresses. Tongue

I dont think bitcoin can run out of address. Can they?


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LostDutchman
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June 27, 2014, 01:20:32 AM
 #143

1.) Unscrupulous bitcoiners.  Thieves basically.
2.) Mining centralization
3.) Net Neutrality being compromised.

True enough but there is little we can do about the thieves so we need to just go on and do the best we can.

As in any other industry.

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June 27, 2014, 01:24:34 AM
 #144

The biggest threat is surely running out of Bitcoin addresses. Tongue

I dont think bitcoin can run out of address. Can they?

Yes, in the year 9999 we'll run out.

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June 27, 2014, 01:32:52 AM
 #145

51% attack is the only big problem that Satoshi didnt think of

LostDutchman
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June 27, 2014, 01:48:40 AM
 #146

51% attack is the only big problem that Satoshi didnt think of

Yeah but wouldn't you like to be the person who could execute that one?

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June 27, 2014, 01:51:50 AM
 #147

51% attack is the only big problem that Satoshi didnt think of
Actually, he did think about it. Read the white paper.

ShakyhandsBTCer
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June 27, 2014, 02:11:34 AM
 #148

The biggest threat is surely running out of Bitcoin addresses. Tongue

I dont think bitcoin can run out of address. Can they?

Yes, in the year 9999 we'll run out.
There are actually more possible addresses then there are possible bitcoin (21 million bitcoin broken up into satoshis)
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June 27, 2014, 03:06:59 AM
 #149

Idiots are the biggest threat to Bitcoin.

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nwfella
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June 27, 2014, 03:44:17 AM
 #150

Idiots are the biggest threat to Bitcoin.
number 1 on my list


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LostDutchman
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June 27, 2014, 03:56:47 AM
 #151

Biggest threat is probably government regulations and banks. They can make it very frustrating to deal with Bitcoin, if they wanted to- which would probably prevent Bitcoin from going fully mainstream.

Screw'em!

Go around them!

This is the internet, after all!

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SpontaneousDream
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June 27, 2014, 01:10:34 PM
 #152

Biggest threat is probably government regulations and banks. They can make it very frustrating to deal with Bitcoin, if they wanted to- which would probably prevent Bitcoin from going fully mainstream.

Screw'em!

Go around them!

This is the internet, after all!

LOL tell that to the mass sheeple
LostDutchman
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June 27, 2014, 03:41:55 PM
 #153

Biggest threat is probably government regulations and banks. They can make it very frustrating to deal with Bitcoin, if they wanted to- which would probably prevent Bitcoin from going fully mainstream.

Screw'em!

Go around them!

This is the internet, after all!

LOL tell that to the mass sheeple

No shit!

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martinnew
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June 29, 2014, 06:26:55 PM
 #154

- the scammers/hackers
- limit of its use and legality issues cause the more it becomes popular, the more it becomes hot to the authorities. Tongue
ShakyhandsBTCer
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June 29, 2014, 06:57:14 PM
 #155

Idiots are the biggest threat to Bitcoin.
This is actually a true threat to Bitcoin as more people use bitcoin, a lot of people who are not security conscious/tech savvy will use it and ultimately somehow lose their coins, either by theft or looking their keys. This could give bitcoin a bad rep
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June 29, 2014, 09:07:50 PM
 #156

It's people's ambitions. This is very true. Sometimes people get blind with ambition and it's never a bad idea to have different views collaborating
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July 08, 2014, 09:06:44 AM
 #157

It's people's ambitions. This is very true. Sometimes people get blind with ambition and it's never a bad idea to have different views collaborating

Right, those who have ambition to get all the BTC they could get no matter what is a threat.
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July 08, 2014, 03:07:51 PM
 #158

It's people's ambitions. This is very true. Sometimes people get blind with ambition and it's never a bad idea to have different views collaborating

Right, those who have ambition to get all the BTC they could get no matter what is a threat.

Well, now I don't know about that.

Could you elaborate a bit?

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martinnew
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July 13, 2014, 05:00:14 PM
 #159

It's people's ambitions. This is very true. Sometimes people get blind with ambition and it's never a bad idea to have different views collaborating

Right, those who have ambition to get all the BTC they could get no matter what is a threat.

Well, now I don't know about that.

Could you elaborate a bit?

I mean those who will scam/steal or willing to do anything just to get BTC.
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July 13, 2014, 05:02:51 PM
 #160

Butterfly Labs.

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