mirror001 (OP)
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June 12, 2018, 10:22:35 PM |
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I have been wondering that if the crypto currency did not come in the world then what would be the future of world's market then?
I know it affects the market both in positive and negative ways but what if this wasn't present in the world and no crypto currency present then what would be the conditions now?
Your thoughts and answers?
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Rozita
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June 12, 2018, 10:32:18 PM |
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Cryptocurrencies have not affected financial markets that much. So I don't think the condition would be different than how it is today.
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Intrepid-Ventures
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June 13, 2018, 01:53:25 AM |
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This is a good question and almost impossible to answer.
You have to factor in the talent that has left the financial market (this is very recent and shouldn't have too much of an effect yet), and also the time spent by every financial institution and researching crypto where they might have been focused elsewhere had bitcoin not come along.
Without crypto would we be closer to or further away from a major market crash? We're due one. It's hard to say.
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trupero_uno
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June 13, 2018, 04:23:03 AM |
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As long as I know, crypto currencies are removing intermediaries and middle man to increase the advantages into the service provider and consumer directly. By this situation, there will be lot of current parties will get disadvantages especially who are doing as middle man and intermediaries. So I guess the crypto currencies are affecting the market.
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Cofee.BLUE
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June 13, 2018, 04:39:04 AM |
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I have been wondering that if the crypto currency did not come in the world then what would be the future of world's market then?
I know it affects the market both in positive and negative ways but what if this wasn't present in the world and no crypto currency present then what would be the conditions now?
Your thoughts and answers?
There are a lot of years and decades that passed without cryptocurrency and in that period of time I could say that there are just a normal market which is has no very risky market and stable. People just go in the flows in the market because it's always in the normal flow. But now, when crypto came in the market, I can say that the market are very hard to have a stable and fix movements because based in what we are experienced the market has a lot of movements and this movements is unpredictable so probably there is no assurance and definitely unstable market.
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davis196
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June 13, 2018, 04:57:17 AM |
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The global cryptocurrency market cap is only 300 billion USD.I don`t have data about the global stock,currency and forex markets,but their trading volume is probably around 20 trillion USD. We are still too small and the world doesn`t care about us. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Nerman
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June 13, 2018, 04:59:16 AM |
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To be honest if crypto currency is not invented, sooner or later there will be another type of currency that will be invested compete with FIAT. With the amount of technology we have in our hands it is inevitable.
For the effects since crypto currency is not yet that mainstream I think it will just be the same.
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btc_angela
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June 13, 2018, 05:12:59 AM |
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I have been wondering that if the crypto currency did not come in the world then what would be the future of world's market then?
I know it affects the market both in positive and negative ways but what if this wasn't present in the world and no crypto currency present then what would be the conditions now?
Your thoughts and answers?
Obviously it will be different today. We see how it affected the lives of many people and making them a lot of money, so without the beloved crypto specially bitcoin maybe most of them or us are still struggling to meet ends. As far as the global economic landscape though, I don't think that it will have a huge impact. Will still be the same in my opinion and the poor country will remain poor. In short, nothing will change or the world economy will still be worst.
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budismile
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June 13, 2018, 05:47:30 AM |
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The news that I heard, the presence of bitcoin is to cope with the world economy that happens every 10 years. every 10 years there will be an economic crisis, in 1998 a massive economic crisis that caused damage everywhere. maybe if bitcoin is not present, something similar will happen again
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peter0425
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June 13, 2018, 06:39:54 AM |
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The news that I heard, the presence of bitcoin is to cope with the world economy that happens every 10 years. every 10 years there will be an economic crisis, in 1998 a massive economic crisis that caused damage everywhere. maybe if bitcoin is not present, something similar will happen again
I don't know if you are aware that Satoshi created bitcoin because of the global financial crisis in 2008. So its true that he had envision it to help alleviate the problem because we can go and transact without any third party involved. But as of now crypto has still minimal effect to the world economic as somewhat pointed out our market cap is around $300 millions, which are too thin as compare to the trillions of dollars going in and out of the financial world, we are still in its infancy so the effect is still minimal in my opinion.
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batang_bitcoin
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June 13, 2018, 06:47:43 AM |
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I have been wondering that if the crypto currency did not come in the world then what would be the future of world's market then?
It will still remain dependent to the world's economy and we are now into an independent market where everyone has been happy and glad of having it. I know it affects the market both in positive and negative ways but what if this wasn't present in the world and no crypto currency present then what would be the conditions now?
People will just have to stick with stock markets and other types of investment, I don't know what type of condition you are looking for.
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Rent this sig space so that BTC goes to $100k.
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baconlike
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The Premier Digital Asset Management Ecosystem
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June 13, 2018, 06:58:12 AM |
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We realize that what the cryptocurrency has given us and its contribution to the economic crisis is not small, if while the economy is down, the mobilization of capital by the crypto is in vain means
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ClaytonLWils
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June 13, 2018, 07:08:56 AM |
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I look at the crypto market from two point of view.
1. A great platform for investment considering the digital asset from where people are able to make a handsome amount of profit. 2. A medium of exchange which is growing now. It reduces the hassles of carrying fiat.
So if the cryptos were not launched on that time, I think, it would not affect the market a lot. But we would not get this great platform for investment.
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talkbitcoin
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June 13, 2018, 07:43:00 AM |
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we will have a lot of good days ahead of us if we could find a way to eliminate all these useless shitcoins. there are about 1500 of them currently available in the market and they are making the whole cryptocurrency scene look bad specially when some of them are too huge that gain the top ranks on websites such as coinmarketcap and stay up there like a sore eye.
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fiulpro
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June 13, 2018, 07:56:11 AM |
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I think there is nothing that cryptocurrencies can do in the market except for increasing or decreasing the Investments of the people in here in turn affecting overall economy of the country through it, it's pretty straight forward effect other than that it haven't yet integrated in the society so that's a whole different thing. Market will be the same as it was 10 years back , there can both be positive and negative impacts . Positive eg:- It can give people n countries more freedom People own their money for real and they are not controlled by banks and other big authorities entirely.!! Global business made easy with cheap overseas transactions.
Etc...
Negative eg:-
The frauds coins and ICO's could really cause problems for both the government and the people
Unregulated thus anyone can use it for anything. Etc . .
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zhekinsp
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June 13, 2018, 08:08:07 AM |
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The news that I heard, the presence of bitcoin is to cope with the world economy that happens every 10 years. every 10 years there will be an economic crisis, in 1998 a massive economic crisis that caused damage everywhere. maybe if bitcoin is not present, something similar will happen again
I don't know if you are aware that Satoshi created bitcoin because of the global financial crisis in 2008. So its true that he had envision it to help alleviate the problem because we can go and transact without any third party involved. But as of now crypto has still minimal effect to the world economic as somewhat pointed out our market cap is around $300 millions, which are too thin as compare to the trillions of dollars going in and out of the financial world, we are still in its infancy so the effect is still minimal in my opinion. Yes the crypto currrencies don't have that much effect in the world's economy but it helped to increase the standard of livig for many persons so if we never had the crypto currencies those rich people were not born we are still investing on the stocks and gold to make profits.
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voron84-05
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June 13, 2018, 11:52:39 AM |
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This is a question from a series of questions about the parallel reality. What would happen if electricity were not invented? - yes, nothing, it was invented and there are no other ways of development. Technology blockchain appeared when it was supposed to appear and other options are not given here, it's just the development of mankind, most likely all of our development is already predetermined!
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Palmerson
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June 13, 2018, 11:58:20 AM |
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I have been wondering that if the crypto currency did not come in the world then what would be the future of world's market then?
I know it affects the market both in positive and negative ways but what if this wasn't present in the world and no crypto currency present then what would be the conditions now?
Your thoughts and answers?
Cryptocurrency must have appeared. This was a request long ago. The global financial crisis was pushing for this. Now it seems to me that those who destroyed the financial system also wants to destroy cryptocurrencies. The lack of regulators in the cryptocurrency market makes this task easier.
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dothebeats
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June 13, 2018, 12:06:29 PM |
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Cryptocurrencies haven't affected the global economy yet, and if there's any effect, it would be too little to make event a ripple on the global economy's ocean of finances, corporations, governments etc. They are being noticed by magnates and giant corporations and some have even get themselves involved, but that's pretty much it. If a huge percentage of institutional investors laid their hands on cryptos, only then will it make a huge difference especially with the looming global financial crisis. People will have to transfer their money somewhere else where they can still make some profit amidst the crisis, and without cryptos, their only options are precious metals which can pretty much hold value over time and nothing more.
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creeps
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June 13, 2018, 12:36:46 PM |
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So far cryptocurrency doesn’t affect much the economy of one country but I really think that a lot of people are become successful and I really think this is the real purpose of cryptocurrency to make our life great in the future and later on one country will grow if they adopt this technology.
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