Crypto currency may not disrupt the Trillion Dollar Global Market

[Santoshi_my_God_]

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.

Young yet already doing what is most needed to disturb the global market. I do read many employees are demanding for salary in bitcoin payments and bitcoin is growing like a new mode of alternate investment opportunity after stocks and government bonds.  I guess OP is not aware of how bitcoin is already competing against global markets.

[1715013730]

1715013730

[alex_gr_cc]

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?

Fully agree with this opinion. The cryptocurrency market will weigh in the global economy if its capitalization is at least 10 trillion USD. The market needs large capital inflows and public confidence.

[Indamuck]

Mark my words, crypto will eventually have a marketcap in the trillions.  Crypto acts as a currency and a store of value.  This means crypto will compete with the gold markets and with the global currency markets.  We are still in the early adoption phase and have a lot of room to grow still.  Financial institutions are trying hard to supress the price so they can accumulate bitcoin for cheap prices.

[TIDOVEE]

Hmmm, to me, it has the two side.
It can have effect on the global economy with the fact that bitcoin is convertible to fiat, and it token reward is a benefit in any part of the world.if it has not been under string monitor and control it might lead to inflation, which could concern the global economy.
And why I still think it should not be effective is simply because it still has some percentage of control by the global bank.

[chenille]

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,

I'm sure crypto will affect the global market, it's only a question when. Somewhen there will be a point of time, when crypto can't be ignored anymore and I tend to say it's already today, at least partially. Many companies are already considering implemention of blockchain and no company wants to miss it. If a company misses it, the whole company can fail. It important in international business to stay competitive. A multi trillion dollar industry will need some time, but it's likely possible. We are still at the beginning.

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.

Yet, it is true that marketcap of crypto isn't that huge compared to big players like Amazon, Google or Apple. But don't you think it will be still the same in 5 years? Imagine 5 years before. 

[TheClownSong]

Cryptocurrency market value in 2017 almost reach 1 trillion dollar value. But right now the market cap at $110billions. Cryptomarket is new market and if crypto regulated by government, investor will come and bring a lot money. It will increase market cap value and i am believe in next several years, cryptomarket will reach trillion dollar market cap

[Kakmakr]

Why should Bitcoin replace or disrupt the whole market? It can offer people an alternative option, if they do not want to be a part of that system. The global payment scene consists of many options and each of these options have a percentage of the global market and Bitcoin just wants to be a part of that.

There are still room for Banks and PayPal and all of those options, but there are people who does not want to be a part of that and Bitcoin offers them an alternative option. 

[Zapitmyname]

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.

Yes, it could and in some sense, it has already started to shake the global market by attracting investors by pushing them leaving where they have invested for decades. For example, gold is not showing any big movements in last 5 years whereas bitcoin had attracted in the same time span.

[andika2018]

Right now many project that touching our daily life, for example music. Music is trillion dollar industry, and if music project success, i am believe it will disrupting trillion dollar industry. Blockchain offering cheaper technology with more security and i think cryptocurrency can disrupt trillion dollar industry

[el kaka22]

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.

If we are going to go with the word disturb, it already has. There are already banks and investment firms who are trying to adapt to the new system, there are companies who charge 3% for any transaction you might want to do and people will select those less and less in the near future, there are banks who can transfer your money from one country to another easily without charging that much, even from one bank to another bank.

Hence, bitcoin managed to disturb the money transfer systems, there are blockchain companies now who are disturbing the way data is stored and they are using blockchains p2p system to keep those information and data in there forever no matter what happens to the location they are based, and also making it reachable anywhere they want.

Basically bitcoin and crypto managed to disturb a lot but just not as much as we really hoped.

[PG13]

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?

For the time being it is not possible to become a trillion dollar industry as we know the situation but in the coming years if given a chance to offer the best in cryptocurrency this will surprise us all. We don't need to hype it all but let the market speak it with the demands as crypto is unpredictable.

[setialovers]

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 think cryptocurrency can disrupt trillion dollar bussiness industry. We know that many project created in crypto, like shipping or others bussiness and if this project success, i am believe many industry will join in blockchain. Crypto can make bussiness more eficient and i think crypto can disrupt trillion bussiness

[coinplus]

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.

If we are going to go with the word disturb, it already has. There are already banks and investment firms who are trying to adapt to the new system, there are companies who charge 3% for any transaction you might want to do and people will select those less and less in the near future, there are banks who can transfer your money from one country to another easily without charging that much, even from one bank to another bank.

Hence, bitcoin managed to disturb the money transfer systems, there are blockchain companies now who are disturbing the way data is stored and they are using blockchains p2p system to keep those information and data in there forever no matter what happens to the location they are based, and also making it reachable anywhere they want.

Basically bitcoin and crypto managed to disturb a lot but just not as much as we really hoped.

What all of us missing out when calculating what the global market is and what crypto market worths and all that is the fact that crypto is not shaping up just "buying and selling".

I understand that finance world is HUGE and it is hard to break into that but the fact that crypto and blockchain chan move onto many other things shows that crypto doesn't have to break some sort of financial record in order to disrupt the world. Blockchain is used to make games, blockchain is used to keep records, crypto is used to make ICO's and make more crypto, bitcoin can be sent for just couple dollars even if the amount is over a million dollars (which many companies charge thousands of dollars). Basically there are so many places crypto can touch that finance is just one part of it.

[malading]

At present, the cryptocurrency is too small, and it is almost impossible to influence the dollar market. Unless the Fed supports Bitcoin, this is almost impossible. When the price of Bitcoin rises to $300,000, it may surpass the global influence of the dollar.

[clololck]

Nothing can affect the global market for the dollar, and cryptocurrencies cannot do it. The global market that may affect the dollar is just the government. A large number of protectionism will lead to the collapse of the global dollar market. This has become a reality, and politicians will only worry that the current way of not paying attention to the future will make the dollar lose its global market in the future.