Despite fairly steady growth over the past decade, Bitcoin is still a market facing a risky future. Bitcoin will have to continue to struggle to develop step by step and claim a more promising position in the future. The biggest threat to Bitcoin's future:
- Miners lost confidence: after the price of Bitcoin went down, thousands of Miners fell into trouble with consecutive losses, even many factories selling mining machines went bankrupt.
- As users become more conscious, Bitcoin may be shunned in favor of anonymous coins and altcoin may even become insecure.
- Attacks of hackers listening to this very fertile cryptocurrency market. this even had a negative impact on the BTC price, causing many investors to give up.
- Many factors outside the crypto community still have a great influence on Bitcoin or BTC investment.
This is somewhat discouraging for the people who are not techy enough in terms of how to secure their wallets online. We're prone to this thing and so many people had claimed that they were hacked and that is probably because they are also careless leading with their keys and gadget.
And aside from getting prone to hacking, one thing we are also worried about is the price. Any time it can be in the dump, people might lose their minds and sell them. And this could affect the trust of people especially for the newcomers and those who have a plan to invest, they become doubtful.