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Author Topic: Crypto currency may not disrupt the Trillion Dollar Global Market  (Read 557 times)
RockBar0
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August 23, 2018, 07:39:31 PM
 #21

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.
Read up to trillions of dollars. Listen eager too! Electronic money has its own set of processes that do not affect much of the other disciplines. Its stability and permanence have not changed.
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August 23, 2018, 11:10:04 PM
 #22

IMO, there are only certain aspects to which crypto could disrupt the markets. Well in fact it already did, by making the companies pursue the wonders of the blockchain tech, together with the governments wanting automation and security on their processes and services. For the first time in many years, companies have actually felt the 'need' to do something about their obsolete systems, and that IMO is already a disruption of the markets, perhaps not directly related to stocks and whatnot but disruption notwithstanding.

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pitiflin
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August 23, 2018, 11:32:14 PM
 #23

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?
What exactly does the global market comprise of? Investments, assets? Like stock, gold, and other old-school fuckshits?

Yeah, it doesn't really matter if crypto influences or disrupts the markets. And it shouldn't, for all of those are currencies, even though most of them have the wrong sense of what crypto is. The moment crypto(especially bitcoin) starts disrupting things, the entire point of it , is in vain. Bitcoin was just supposed to be intended for a peer to peer currency usage, without involving the oldschool fuckall bullshit and drama. I don't really care about this, unless crypto is helping people out, which it is. So don't really see anything amusing here.


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August 24, 2018, 01:07:00 AM
 #24

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?

My question is why need the cryptocurrency market will need to disrupt the global market trillion value?when theres no need for competition instead this two may work together for the betterment of the world economy?you people only making issues when theres really none

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

Crypto market almost reached trillion cap last December 2017 and i believe that it wasn't impossible for this to be attained,all we need is acceptance from the whole world and adaption as a currency and not a illegal materials that has been used by criminal elements
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August 24, 2018, 05:10:22 AM
 #25

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?

My question is why need the cryptocurrency market will need to disrupt the global market trillion value?when theres no need for competition instead this two may work together for the betterment of the world economy?you people only making issues when theres really none

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

Crypto market almost reached trillion cap last December 2017 and i believe that it wasn't impossible for this to be attained,all we need is acceptance from the whole world and adaption as a currency and not a illegal materials that has been used by criminal elements

Most of the people are expecting for the price of bitcoins to reach $50k dollars before the year ends and that is the reason why you should be holding your coins today or invest even more.
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August 24, 2018, 11:57:35 PM
 #26

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?

Even if bitcoin does not necessarily influence anything in the macro level, which it is right now with many companies and investment firms deciding to get into the field of bitcoin investments and commerce, it has the potential to help individuals around the world on a microeconomic scale.

Whether it's helping citizens from third world countries connect with employment opportunities worldwide, or people in economically unstable countries using bitcoin as a safe haven to store their wealth, especially with the unbanked population. All of these things are benefits that bitcoin brings, not just limited by borders either, but worldwide.

It really comes down to what you define the term "disrupt". Yeah, bitcoin's not going to replace the traditional, fiat economic system altogether, but it's still something that can make an impact globally.
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October 18, 2018, 08:58:48 PM
 #27

I agree with the importance of fiat currencies in the global economy. It is important to understand who supports the various currencies and the victory will be for the strongest side. I still do not see the prerequisites that cryptocurrency will be able to take part of the global money market.
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October 18, 2018, 09:19:04 PM
 #28

I do not think the cryptocurrency market will break the global financial markets because the main purpose of creating the coin is to serve life more conveniently. So I think that the cryptocurrency market will go along and grow with the global financial market and there is no obstruction.

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October 18, 2018, 11:57:30 PM
 #29

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?

Its too early to say if crypto will have a impact on global market. First, we're still at its infancy, we barely a decade and we all know for example Stock markets has been here for many years now that's why they'd established.

Let's wait till crypto gets to exist for at least 20 years and really see if there's a significant dent on the global markets. Besides, there are news that majority of Wall Streets and Gold holders are inching and wanted to get a piece of the pie. So sooner or later we might see funds being channeled to crypto in the next decade and just maybe we get to see marketcap touching in the Trillions.
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October 21, 2018, 10:05:57 AM
 #30

I do not think the cryptocurrency market will break the global financial markets because the main purpose of creating the coin is to serve life more conveniently. So I think that the cryptocurrency market will go along and grow with the global financial market and there is no obstruction.
Serving life conveniently will actually make more people to come into the space but not everyone and that is why I believe it would not disrupt the trillion dollar global market. We cannot say much for now though, knowing that we obviously cannot tell what the future holds in a way, but one thing for sure is that it would still end up being a part of the whole global market on its own, and for the fact that we are still in the early phase and we have been able to get to this level, I would not be so certain of what could happen in the future.

I agree with the importance of fiat currencies in the global economy. It is important to understand who supports the various currencies and the victory will be for the strongest side. I still do not see the prerequisites that cryptocurrency will be able to take part of the global money market.
Cryptocurrency is already a part of the global money market, but of course it is just going to be a piece of the global market and I really do not see it disrupting any other market. I said that judging from the way things are going already now and how countries and banks are looking to benefit from the space and it would make the space be more of an alternative form of investment as well as spending. The global money market is huge and I do not see how cryptocurrency will just easily get that disrupted.
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November 07, 2018, 07:22:08 AM
 #31

I'd have to agree but i think, given time crypto currency could. Be big. The potential for growth in the crypto currency market is huge especially once it stablizes and aee adoption in stores. When that happens, left and right stores will be accepting crypto currency and because of it's transparency, governments will use it too.

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November 07, 2018, 08:15:20 AM
 #32

The crypto market is still too young and very small to influence the global economy. But, I think it will take 10-15 years, and the cryptocurrency will have a significant impact, because every year interest in cryptography is growing.
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November 09, 2018, 07:52:28 AM
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 #33

The crypto market is still too young and very small to influence the global economy. But, I think it will take 10-15 years, and the cryptocurrency will have a significant impact, because every year interest in cryptography is growing.
There is no doubt this is still a very young market and we cannot actually begin to imagine the possibilities of what the future holds. However, if we really are to consider the rate at which the market is growing globally, and the fact that as you said, the market is still young and currently the market cap is in billions.

So in a way, I have the belief that there is no way the impact will not be there when it comes to putting it together with the global market. We all know how times are changing very fast, and the rate at which blockchain technology keeps penetrating all imaginable sectors, so one way or the other, with blockchain, I am sure disruption is just around the corner.
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November 09, 2018, 09:04:55 AM
 #34

I'd have to agree but i think, given time crypto currency could. Be big. The potential for growth in the crypto currency market is huge especially once it stablizes and aee adoption in stores. When that happens, left and right stores will be accepting crypto currency and because of it's transparency, governments will use it too.
Well, everything is always under probability, so the use of word 'MAY' kind of suffice. However, there is always a possibility to everything considering the rate at which blockchain technology on its own will have the ability to disrupt the trillion dollar global market and we are already seeing that happen.

Cryptocurrency on its own is just an application of the blockchain technology in different spheres and sectors, so the chances of it becoming a trillion global market is most definitely there, but it is not actually cryptocurrency itself that will end up disrupting the global market, that will have a whole lot to do with blockchain technology.
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November 09, 2018, 11:33:37 AM
 #35

it should able to reach a trillion dollar within 10 years time.
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November 09, 2018, 11:45:59 AM
 #36

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?

Suggestions and opinions geared towards the position that crypto currency might disrupt the financial system is nothing but a mere wishful thinking which would like not see the light of the day. I found it appalling that despite the glaring reasons steering in the face of people, they still decide to look the other way round and providing argument on the contrary.

A single company in one of the business advert of CNN has above a trillion dollars that its managing in which the entire market capitalization of the entire crypto market industry would only be a fraction of that which does not pose any threat. This is not in support of the motive that there is no potential for crypto currency but its to limit the extent of wishful thinking and over-expectation.
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November 10, 2018, 08:18:03 AM
 #37

The crypto market is still too young and very small to influence the global economy. But, I think it will take 10-15 years, and the cryptocurrency will have a significant impact, because every year interest in cryptography is growing.
There is no doubt this is still a very young market and we cannot actually begin to imagine the possibilities of what the future holds. However, if we really are to consider the rate at which the market is growing globally, and the fact that as you said, the market is still young and currently the market cap is in billions.

So in a way, I have the belief that there is no way the impact will not be there when it comes to putting it together with the global market. We all know how times are changing very fast, and the rate at which blockchain technology keeps penetrating all imaginable sectors, so one way or the other, with blockchain, I am sure disruption is just around the corner.

I too find it hard to believe at this moment that crypto currency will disrupt the
global financial markets. From a simple point of view I cannot see crypto being
able to offer the same amount of services and products as FIAT banks offer.

As an example Mortgages, are we in the future going to be able to purchase one
with Bitcoin? I cannot see that happening.

I think in order for crypto to make this disruption it is going to take a massive
increase in adoption and usage on a daily basis for it to create the effect.

R


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Cryptotourist
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November 10, 2018, 08:50:27 AM
 #38

Unless a coin comes out that will make things very very simple for the average Joe, the crypto market will not - and cannot - disrupt the global market in any way in my opinion. We need something adopted by the masses. The masses don't need to understand all the technical stuff (compared to knowing how the VISA network works for example), but it needs to be something simple, stable (more or less) with ease of use & safety in mind, otherwise trust issues occur.

Now statistically speaking, it is bound to happen at one point in the future.
Nothing lasts for ever, not even FIAT money.
I do believe in crypto evolution/revolution, it is only a matter of time.

Finally, people need to realize that their banks are holding the personal "private keys" to  their accounts, and the impact this has. When the average Joe gets this, we will then have the revolution - and it comes down to educating the public and raising awareness. Thankfully the banks are doing their best towards that direction, inspired by pure greed of course. On the other hand, scammers also give the crypto community a bad reputation at the same time. All this will take considerable time to get sorted out, we are not there yet, and I can't see this taking place in the near future.

I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
yitzjoe
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November 10, 2018, 09:00:54 AM
 #39

Cumulatively the volume of crypto trade has not been able to shake up the global trade market, which is difficult to imagine or reach for crypto now, but if crypto can provide benefits to the entire world population, the next crypto development will be rapid and will begin to fill the global volume of trade
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November 10, 2018, 10:01:00 AM
Last edit: November 10, 2018, 10:24:13 AM by yugyug
 #40

Bitcoin and other cryptocurrencies are still in infancy stage for mass adoption but for 10 years in existence bitcoin and crypto had reach a remarkable value for more than a quarter trillion dollar in that span of time compare to other industries in the market . It is still have a lot more rooms for improvement to sustain in the market which includes the securities, regulations and more awareness to the public. Maybe ten years or more we can disrupt the trillion dollar global market.
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