aoihs00 (OP)
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August 21, 2018, 05:30:36 AM |
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As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,
The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.
This is why crypto may not have any impact over the global Economy whatsoever.
Any thought reading this?
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ivannalog814
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August 21, 2018, 07:19:03 AM |
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It's just a matter of time. The market is still young and it will manifest itself in the near future, I think there.
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hase0278
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August 21, 2018, 07:20:36 AM |
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I also think that cryptocurrency will not be able to disrupt the Trillion Dollar Global Market at the moment because IMO, it is too early for it to do so but given that there are events in the future that will help in its improvements, crypto might be able to disrupt it at least a little. Nevertheless, I still believe that no matter what happens, crypto will have a huge impact on the global economy especially now that a country is attempting to use cryptocurrency as national currency( I am talking about Venezuela here with its crypto Petro).
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jseverson
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August 21, 2018, 08:29:55 AM |
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Here are my thoughts: so what if crypto doesn't dirsupt it?
Crypto is just money at the end of the day. It doesn't need to disrupt or topple anything. For as long as people can use it for its strengths, it will have fulfilled its purpose. Disruption of the market should be a consequence, not a precursor for mass adoption. It's certainly not a barrier for crypto's success so why bother worrying over it?
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pempek19
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August 21, 2018, 09:14:55 AM |
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That's right, I agree with the argument you gave. Crypto is not a big thing in global trade. This is because the use is not evenly distributed, and it is not fully supported by all countries. Only a limited number of countries legalize crypto, which makes crypto not something special.
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hanxinvwang
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August 21, 2018, 10:11:52 AM |
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I do not agree with this point of view. I think this is only a matter of time. In the future, cryptocurrencies will subvert the perception of money by all mankind, including the US dollar. The dollar will depreciate in the next decade. This is an unequal development.
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Tory-Tory
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August 21, 2018, 10:36:26 AM |
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As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,
The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.
This is why crypto may not have any impact over the global Economy whatsoever.
Any thought reading this?
I fully agree, it is too early to talk about global influence. She still lacks capitalization, trading volume, and also wants more coverage of the audience. For now, we only see potential.
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btc78
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Eloncoin.org - Mars, here we come!
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August 21, 2018, 11:31:24 AM |
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As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,
The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.
This is why crypto may not have any impact over the global Economy whatsoever.
Any thought reading this?
Nope better you say that won't disrupt the trillion for now,but in future it will for sure,if you don't remember that in december 2017 cryptocurrency assets almost reached this margin so what more in the following years,and if yoi don't trust thos community then why staying here?
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Idrisu
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August 21, 2018, 11:51:20 AM |
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This is truth and I think we should not also be scared to take over the global market! Cryptocurrencies market is till very new and to me it has performed very well and in 15 to 20 years to come we maybe see cryptocurrencies marketcap in multi-trillion.
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carlisle1
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August 21, 2018, 12:03:36 PM |
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Cryptp only needs time to reach this volume as we almost hit that trillion last quarter of 2017 so theres no impossible for another attempt of hitting .
The problem is the specific time because thats hard tp predict since were on dip market now but i am sure near future will tell what will happen to the community,let us all trust and support our investments here
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eko23
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August 21, 2018, 03:16:31 PM |
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I think the crypto world will give an effect for future in global market when we looks thats easy an simple when transaction with a crypto
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hugeblack
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August 21, 2018, 04:25:15 PM |
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Maybe this is due to the lack of use of Bitcoin? I do not know how much the ratio is worldwide, but I do not think it's more than 10%.
The other reason is the existence of alternatives as the current financial system is not bad for a large part of the world's population, so there is no need to use Bitcoin. Also, few options when using it reduce its use, currently the best reason to buy bitcoin is to speculate which seems to be a risky investment.
In the future, this concept may turn out to be Trillion Dollar "less than ten years have passed since the first trading of the Bitcoin."
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omfg.xekcep
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August 21, 2018, 05:11:57 PM |
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I am wondering why are you so surprised about the total capitalization of crypto market? This kind of market is very young comparing, for example, with stock one so it is a normal situation that while the capitalization of crypto market is relatively small. I agree with you that the market capitalization is the crucial parameter because it indicates relations of investors to crypto market. I mean that the market capitalization reflects cash flows which are incredibly important because namely positive or negative cash flows effects on market substantially. I should acknowledge that only institutional investors are able to pump crypto market because they have and manage huge capitals. Even if we appeal to retail investors asking them to invest more actively in crypto market they are not able to change something significantly on crypto market because their capital is relatively small to effect on crypto market sufficiently. So, we have to wait until institutional investors will begin invest in crypto market again increasing the total market capitalization
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cellard
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August 21, 2018, 05:20:53 PM |
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You are counting a lot of value that isn't really value, but government phantom derivative wall street scam sort of Maddof ponzi schemes everywhere out there. All that bulk if money isn't really in hard assets, so a big chunk is just inflated bullshit.
To measure how much BTC is disrupting the market just look at allocation of hard assets such as gold into Bitcoin. The more BTC grows to challenge the 7 trillion dollar gold marketcap the more disruptive it is becoming since it's displacing gold as hard money. You can't compare fiat with Bitcoin because fiat is easy money.
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Kemarit
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August 22, 2018, 07:54:40 PM |
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Probably the best case scenario on how crypto can disrupt the global economy is Venezuela. They have their own Petro for the purpose of evading trading sanctions for the US. If crypto can lessen the influence or the role of US dollar on a wide scale then I assume that it can greatly affect global market, as US dollar is the de-facto Central Bank.
Or as @cellard, has pointed out, if crypto can challenge the gold marketcap, or at least hurt the demand for gold. China And Russia purchased more golds than any other country. If we could just get a piece of that slice from them, maybe we can see the balance tip on our side and will "probably" put a significant dent of the world market.
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Dimon8
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August 22, 2018, 11:20:12 PM |
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We are members of this community believe in and develop the crypto industry. I'm sure that the total capitalization of the crypto market will reach a trillion USD 2019 or 2020, for this already there are many factors that attract new investments.
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hatshepsut93
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August 23, 2018, 12:00:55 AM |
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Probably the best case scenario on how crypto can disrupt the global economy is Venezuela. They have their own Petro for the purpose of evading trading sanctions for the US. If crypto can lessen the influence or the role of US dollar on a wide scale then I assume that it can greatly affect global market, as US dollar is the de-facto Central Bank.
Or as @cellard, has pointed out, if crypto can challenge the gold marketcap, or at least hurt the demand for gold. China And Russia purchased more golds than any other country. If we could just get a piece of that slice from them, maybe we can see the balance tip on our side and will "probably" put a significant dent of the world market.
Bad example, Venezuela won't avoid any sanctions because no one will accept their shitcoin, not even their allies. But even if someone accepted it, it would never be the countries that sanctioned Venezuela, so again it doesn't matter in terms of reducing the US influence. BRICS are working on their own alternative to SWIFT, so the infrastructure for payments is not a problem, the problem is that their economies suck.
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automaticmoney
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August 23, 2018, 12:36:17 PM |
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cryptocurrency entered the trillion dollar market very soon and it will create subsequent amount of market share also in the coming days it is only matter of time for global economy disruption
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Dontme
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August 23, 2018, 12:40:40 PM |
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As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,
The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.
This is why crypto may not have any impact over the global Economy whatsoever.
Any thought reading this?
I believe that in order for it to be more popular you need to wait, yes it’s just a matter of time. Market industries is not about looking it at first then it’s already popular ofcourse crypto need to take time to build its own strong foundation.
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cryptocurrencyguru
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August 23, 2018, 02:13:02 PM |
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cryptocurrencies in friendly mode in gaining the market value in expanding the market to all major country we can see positive development once cryptocurrencies reach trillion dollars market cap
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