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Author Topic: Crypto vs stocks  (Read 244 times)
bitcoinbrokeragegroup1
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March 05, 2018, 09:24:26 PM
Merited by Hydrogen (2), haroldtee (1)
 #1

After spending many years as a financial advisor, I find the ravings of many "experts" today as banal. There are those that speak of coins as a "Ponzi" scheme and denounce the validity of the new form of economy. There are also some that want this world to go back to the 50s, and with it all the junk that we have been working to rid ourselves of.
Looking at the new order, I can see many similarities to the monetary base that we are used to. Our economic base is not tied to any metals or valuables, but believed to be of value and tradeable as though it were tangible treasure. We have not backed our currency for many years (since 1971) but our currency has been the standard of the world.
Why then are these "old-timers" so afraid of crypto? Because they are afraid of change. The same reason that we still have racism in this country and others, the same reason that we still have wars. The world has changed, and not everyone is comfortable with that. But to not change with it is socialogical death.
Yes, it is prone to swings in value. Anything that has potential is. But we need to have a universally accepted basis so that sane commerce can prevail. It is the future, and there will always be something that is new. But by understanding it and working within it, one can determine whether it is something to stick with or ignore. I choose to stick.

The Future is Bitcoin.
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March 05, 2018, 09:32:28 PM
 #2

I think the stock market is in a downtrend so it takes time to recover and in the next few years it's time for cryptocurrency to grow and become a big financial market. world. Many traditional investors have turned to investing in cryptocurrency and that is a good sign for the whole market.

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March 05, 2018, 09:50:13 PM
 #3

for most its  still dauting to buy into cryptos and blockchain some are old people used to stocks and someone to manage it, others dont understand the use or concepts of use of a coin in a vertical, it is hard to explain to the average guy i mean my friends ask about it i talk about it for years but i really always found this a hobbie something you have for kicks... i do find a lot of value on some projects in this world like in all new things not all ideas will be feasible or a hit but im sure crypto can adress a lot of waste and a corruption and it is in a sense a much more civilized capitalism style with a true open market... my 2 cents on it.
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March 05, 2018, 11:02:47 PM
 #4

After spending many years as a financial advisor, I find the ravings of many "experts" today as banal. There are those that speak of coins as a "Ponzi" scheme and denounce the validity of the new form of economy. There are also some that want this world to go back to the 50s, and with it all the junk that we have been working to rid ourselves of.
Looking at the new order, I can see many similarities to the monetary base that we are used to. Our economic base is not tied to any metals or valuables, but believed to be of value and tradeable as though it were tangible treasure. We have not backed our currency for many years (since 1971) but our currency has been the standard of the world.
Why then are these "old-timers" so afraid of crypto? Because they are afraid of change. The same reason that we still have racism in this country and others, the same reason that we still have wars. The world has changed, and not everyone is comfortable with that. But to not change with it is socialogical death.
Yes, it is prone to swings in value. Anything that has potential is. But we need to have a universally accepted basis so that sane commerce can prevail. It is the future, and there will always be something that is new. But by understanding it and working within it, one can determine whether it is something to stick with or ignore. I choose to stick.

Millennial's (or generation Y, depending on the country, people from 30-40 years) are not afraid to crypto. There are many studies in the press showing that they prefer crypto to stocks.

These "old-timers" you are talking about are mostly those that still resist to internet. People that find to hard to read messages on whatsapp and take pictures using a smartphone. That see with disregard applications like booking.com and airbnb

There is not wrong with this "old-timers" generation. They are resisting to change because most of them didn't take internet and technology serious enough, and don't get it.

The thing is that own the money, they own the system.
But soon they will understand. Crypto is getting bigger and bigger.


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March 05, 2018, 11:07:59 PM
 #5

They are afraid of new, unknown, unexplored. Resistant to change, as bitmover says.
But there's nothing what can stop the blockchain and cryptocurrency revolution.

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March 05, 2018, 11:21:35 PM
 #6

Well said OP your depiction of how some members of society refuse to change and adapt remind me of a phenomena, which is that our viewing of this world squarely hinges on our age but more specifically particular ranges (it will of course be generalizing but you'll get the point).

0-18:This is the way the world has always been
19-55:Embrace all and every change, whatever makes the world better Ex
55+:Keep the status quo, why change a good thing?

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March 05, 2018, 11:34:54 PM
 #7

Stocks are on real estate while cryptoa are also assets virtually as well as a currency. Crypto has a more active market value than stocks which makes it more profitable as an investment. Given that it is also a currency, users will be able to use it to pay bills especially if it us legal to a certain country. That's the biggest advantage of cryptos compared to stocks.

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March 05, 2018, 11:38:47 PM
 #8

They are afraid of new, unknown, unexplored. Resistant to change, as bitmover says.
But there's nothing what can stop the blockchain and cryptocurrency revolution.
They do really resist since they can able to preview out regarding with its effects if people find out on the advantages of crypto towards stocks. Blockchain technology cant really be stop which sooner or later it would really be recognized and to be adopted even more but when it comes to securities then I will still stick to stocks than on crypto and for sure most people are aware on that stuff but when it comes making money opportunities then crypto would have the edge.


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March 06, 2018, 02:02:41 AM
 #9

After spending many years as a financial advisor, I find the ravings of many "experts" today as banal. There are those that speak of coins as a "Ponzi" scheme and denounce the validity of the new form of economy. There are also some that want this world to go back to the 50s, and with it all the junk that we have been working to rid ourselves of.
Looking at the new order, I can see many similarities to the monetary base that we are used to. Our economic base is not tied to any metals or valuables, but believed to be of value and tradeable as though it were tangible treasure. We have not backed our currency for many years (since 1971) but our currency has been the standard of the world.
Why then are these "old-timers" so afraid of crypto? Because they are afraid of change. The same reason that we still have racism in this country and others, the same reason that we still have wars. The world has changed, and not everyone is comfortable with that. But to not change with it is socialogical death.
Yes, it is prone to swings in value. Anything that has potential is. But we need to have a universally accepted basis so that sane commerce can prevail. It is the future, and there will always be something that is new. But by understanding it and working within it, one can determine whether it is something to stick with or ignore. I choose to stick.
They are afraid of crypto but at the same time they cannot stop thinking that it would be marvelous to get control of the technology, imagine what they could do with a currency where they can track everything you do, the only missing link will be that the blockchain was private and only the banks could see what was going on while the rest of the public was unable to do that.
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March 06, 2018, 09:12:46 AM
 #10

I don't think any of these "experts" actually believe Bitcoin is a ponzi. I'd like to believe they're actually smart enough to know how a ponzi works. You'd have to stretch its definition pretty far for it to fit the Bitcoin is a ponzi narrative. They're simply using their status to spread FUD. They don't fear change itself; they fear that change will ruin their vested interests.

That being said, there are some valid concerns. It's true that the market is speculative, and each coin is only worth what the next person will pay for it. I believe in Bitcoin's value which is why this isn't a concern for me, but I can see how some people would have a problem with it.

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March 06, 2018, 09:29:59 AM
 #11

I think the stock market is in a downtrend so it takes time to recover and in the next few years it's time for cryptocurrency to grow and become a big financial market. world. Many traditional investors have turned to investing in cryptocurrency and that is a good sign for the whole market.
Yes, you are right. this is a good sign, some traditional investors are switching to cryptocurrency. in my opinion this will bring a good impact on the price of coins in the crypto market.

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March 06, 2018, 09:44:23 AM
 #12

I don't think any of these "experts" actually believe Bitcoin is a ponzi. I'd like to believe they're actually smart enough to know how a ponzi works. You'd have to stretch its definition pretty far for it to fit the Bitcoin is a ponzi narrative. They're simply using their status to spread FUD. They don't fear change itself; they fear that change will ruin their vested interests.

That being said, there are some valid concerns. It's true that the market is speculative, and each coin is only worth what the next person will pay for it. I believe in Bitcoin's value which is why this isn't a concern for me, but I can see how some people would have a problem with it.
Besides that, they only want to buy more at lower prices and they want to cause more price swings on bitcoin. Experts most of the time only cares for their financial status, and they would do anything in their power just to improve it and one of the ways is spreading FUD's using their status. Those valid concerns aren't that important to mention since something with potential would eventually grow in value.

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March 06, 2018, 10:06:29 AM
 #13

After spending many years as a financial advisor, I find the ravings of many "experts" today as banal. There are those that speak of coins as a "Ponzi" scheme and denounce the validity of the new form of economy. There are also some that want this world to go back to the 50s, and with it all the junk that we have been working to rid ourselves of.
Looking at the new order, I can see many similarities to the monetary base that we are used to. Our economic base is not tied to any metals or valuables, but believed to be of value and tradeable as though it were tangible treasure. We have not backed our currency for many years (since 1971) but our currency has been the standard of the world.
Why then are these "old-timers" so afraid of crypto? Because they are afraid of change. The same reason that we still have racism in this country and others, the same reason that we still have wars. The world has changed, and not everyone is comfortable with that. But to not change with it is socialogical death.
Yes, it is prone to swings in value. Anything that has potential is. But we need to have a universally accepted basis so that sane commerce can prevail. It is the future, and there will always be something that is new. But by understanding it and working within it, one can determine whether it is something to stick with or ignore. I choose to stick.

I don't believe that old timers don't like crypto currencies or they don't like the change or the new trend simply because there are lot of famous old timers business tycoon who invest in Bitcoin like Bill Gates, Richard Branson and many more who believed in Bitcoin therefore everyone will going to adopt the change because the most important thing is the profit to be gain of every invested capital. If the people especially the old timer will see that there is no gaining in joining Bitcoin then for sure no one will invest in Crypto.

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March 06, 2018, 10:55:00 AM
 #14

The listing of the stock is the ipo requirement is very strict!

And ico is relatively simple, which is why many people choose digital currency!

The autonomy of the ico market and the market subject is getting higher and higher.
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March 06, 2018, 11:01:16 AM
 #15

Stocks is the current currency market and a traditional one, Crypto is the future and digital market which is going to rule the world. Stocks market and crypto market are alike in getting shares from preople and the only difference is that the digital vs manual I think.

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March 06, 2018, 11:09:16 AM
 #16

I think time will come stocks are no longer interesting because of the idea of crypto trading. Maybe in due time those stocks will convert into cryptos to adopt the digital market.
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March 06, 2018, 12:13:17 PM
 #17

I prefer crypto when compared to stock, I like crypto because it often experience fluctuations (volatility) that can provide benefits on each occasion both the occurrence of decreases and increases.
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March 06, 2018, 12:22:57 PM
 #18

After spending many years as a financial advisor, I find the ravings of many "experts" today as banal. There are those that speak of coins as a "Ponzi" scheme and denounce the validity of the new form of economy. There are also some that want this world to go back to the 50s, and with it all the junk that we have been working to rid ourselves of.
Looking at the new order, I can see many similarities to the monetary base that we are used to. Our economic base is not tied to any metals or valuables, but believed to be of value and tradeable as though it were tangible treasure. We have not backed our currency for many years (since 1971) but our currency has been the standard of the world.
Why then are these "old-timers" so afraid of crypto? Because they are afraid of change. The same reason that we still have racism in this country and others, the same reason that we still have wars. The world has changed, and not everyone is comfortable with that. But to not change with it is socialogical death.
Yes, it is prone to swings in value. Anything that has potential is. But we need to have a universally accepted basis so that sane commerce can prevail. It is the future, and there will always be something that is new. But by understanding it and working within it, one can determine whether it is something to stick with or ignore. I choose to stick.
I prefer to invest in bloackchain than in stocks because it is too profitable in crypto unlike stocks where profits takes too long to come or maybe too slow. Crypto is the new trand and people who has been in stocks are now entering the crypto industry. I never tried investing into stock and I will never ever invest on it because I know it is unstable here in my country I mean stocks aren't working great so much better to stick into crypto like Bitcoin.

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March 06, 2018, 01:41:57 PM
 #19

I think time will come stocks are no longer interesting because of the idea of crypto trading. Maybe in due time those stocks will convert into cryptos to adopt the digital market.

I don't think so since they deal with different things. Stocks deal with real assets and is backed by existing companies and institutions. Therefore, it's safe to say that between the two, stocks would make you feel safer. Though you're right. If you know your way around, crypto is way more profitable in a smaller amount of time

Wonder_woman
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March 06, 2018, 01:45:58 PM
 #20

After spending many years as a financial advisor, I find the ravings of many "experts" today as banal. There are those that speak of coins as a "Ponzi" scheme and denounce the validity of the new form of economy. There are also some that want this world to go back to the 50s, and with it all the junk that we have been working to rid ourselves of.
Looking at the new order, I can see many similarities to the monetary base that we are used to. Our economic base is not tied to any metals or valuables, but believed to be of value and tradeable as though it were tangible treasure. We have not backed our currency for many years (since 1971) but our currency has been the standard of the world.
Why then are these "old-timers" so afraid of crypto? Because they are afraid of change. The same reason that we still have racism in this country and others, the same reason that we still have wars. The world has changed, and not everyone is comfortable with that. But to not change with it is socialogical death.
Yes, it is prone to swings in value. Anything that has potential is. But we need to have a universally accepted basis so that sane commerce can prevail. It is the future, and there will always be something that is new. But by understanding it and working within it, one can determine whether it is something to stick with or ignore. I choose to stick.
Well in my own view of opinion we can tell that crypto currency market is more higher now I think than the stock market where we can see that there is more years to spend with than spend in the market of crypto.

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