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Author Topic: How long till we start seeing alt coins take the place of traditional stocks?  (Read 127 times)
yat97 (OP)
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March 24, 2021, 03:25:19 PM
 #1

I'm still new ish but I see stuff like VeChain as like a stock that pays dividends. It's something that is going to be useful for the real world. It's like a tech stock.

Maybe some others. Cardano, Atom, they offer dividends but not really sure what they do in the real world. VeChain seems like it's an actual company.

Maybe one could start up a company. Make a crypto currency and get it listed and people buying it would be a way of investing in the company. Anyone think that might be the future as the crypto space grows? I like that idea, anyone can get into it. You dont need to open a brokerage account. In a way, you're skipping a middle man.
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March 24, 2021, 06:15:31 PM
 #2

Starting a company is not so difficult, but doing a real business so that it brings profit for future dividends is the key to success and this is where the whole difficulty lies.
Create your own cryptocurrency and hope that people will not buy, so that it can be an investment in a company. However, here you need to show the novelty and advantages of your project, you need to convince investors that there is a team of professionals capable of making your plans a reality. Otherwise, no one will buy this cryptocurrency. It's not 2017 anymore. Investors already have some experience and they will not invest their money in mediocre projects.

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March 24, 2021, 06:41:34 PM
 #3

Maybe one could start up a company. Make a crypto currency and get it listed and people buying it would be a way of investing in the company.
Why would one should start up a company?

There are thousands of altcoins already in the market and check how many of them failed. Many of them are good yet, there's more that failed due to many circumstances.

Starting a company is not so difficult
It is.

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March 24, 2021, 08:25:20 PM
 #4

Cryptocoins can't replace stocks. Just because they are both investments, doesn't mean that one should replace the other. It's like asking when will planes replace trains.

Maybe some day companies will release their stock on decentralized blockchain platforms like Ethereum, though this has been theorized for years and still never happened. Traditional system of managing stocks is good enough for most investors, why change it?

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March 24, 2021, 08:48:57 PM
 #5

Stocks are actually representations of real businesses. Altcoins are just virtual money. I think virtual money can't replace real businesses, right?
There might be a stock class including crypto currency investment soon, but it will be just a part of the stocks market, it's not going to replace the traditional ones.

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jrrsparkles
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March 24, 2021, 08:54:40 PM
 #6

I'm still new ish but I see stuff like VeChain as like a stock that pays dividends. It's something that is going to be useful for the real world. It's like a tech stock.

Maybe some others. Cardano, Atom, they offer dividends but not really sure what they do in the real world. VeChain seems like it's an actual company.

Maybe one could start up a company. Make a crypto currency and get it listed and people buying it would be a way of investing in the company. Anyone think that might be the future as the crypto space grows? I like that idea, anyone can get into it. You dont need to open a brokerage account. In a way, you're skipping a middle man.
Crypto currencies are not created to work like companies, they just here to be not under control of anyone but if you are going to invest on a centralized project then you are risking and stop comparing cryptos with stocks anymore.

You can assume the growth of a company then can start buying the shares and also you will get dividends but in cryptos everything is unpredictable.









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yat97 (OP)
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March 24, 2021, 08:57:45 PM
 #7

Cryptocoins can't replace stocks. Just because they are both investments, doesn't mean that one should replace the other. It's like asking when will planes replace trains.

Maybe some day companies will release their stock on decentralized blockchain platforms like Ethereum, though this has been theorized for years and still never happened. Traditional system of managing stocks is good enough for most investors, why change it?

Good anology and point.

Maybe a better question to ask would be when will crypto rival stocks?

yat97 (OP)
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March 24, 2021, 08:59:51 PM
 #8


Crypto currencies are not created to work like companies, they just here to be not under control of anyone but if you are going to invest on a centralized project then you are risking and stop comparing cryptos with stocks anymore.

You can assume the growth of a company then can start buying the shares and also you will get dividends but in cryptos everything is unpredictable.

Individual start up stocks can be incredibly volitle, unpredictable and thus risky. My idea is like create a crypto currency for some upcoming program or thing you want to do. People buying the tokens helps fund your idea. If your idea is succesful then everyone who invested in your idea walks away with profits. If not, just like a failing stock, people lose.
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March 25, 2021, 03:02:11 AM
 #9

Putting up a business isnt that easy. Especially cryptocurrency related company. Its just better to become investor to a certain project or company than making your own crypto coin that has unsure of the successful results.

Vechain and other coins have their own case use that makes the project to continue to grow but the success of a particular coin tested in a long run.
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March 25, 2021, 03:22:29 AM
 #10

It cannot easily do that because altcoins, I mean almost all of them, are not securities. So they cannot replace the role of traditional stocks. Almost all altcoins are still speculative assets because their prices are still rising and falling purely because of the speculations of traders or buyers and sellers. Unlike altcoins, traditional stocks are representing the business performance and potential growth of a certain company. Many altcoins are based on nothing else but demand.
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March 25, 2021, 03:25:49 AM
 #11

I'm still new ish but I see stuff like VeChain as like a stock that pays dividends. It's something that is going to be useful for the real world. It's like a tech stock.

Maybe some others. Cardano, Atom, they offer dividends but not really sure what they do in the real world. VeChain seems like it's an actual company.

Maybe one could start up a company. Make a crypto currency and get it listed and people buying it would be a way of investing in the company. Anyone think that might be the future as the crypto space grows? I like that idea, anyone can get into it. You dont need to open a brokerage account. In a way, you're skipping a middle man.
But this is necessary for this market, you probably only see part of the benefit from it.
Personally, i think this is a completely separate market and the existing products will integrate many other existing areas.

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March 25, 2021, 08:49:02 AM
 #12


Crypto currencies are not created to work like companies, they just here to be not under control of anyone but if you are going to invest on a centralized project then you are risking and stop comparing cryptos with stocks anymore.

You can assume the growth of a company then can start buying the shares and also you will get dividends but in cryptos everything is unpredictable.

Individual start up stocks can be incredibly volitle, unpredictable and thus risky. My idea is like create a crypto currency for some upcoming program or thing you want to do. People buying the tokens helps fund your idea. If your idea is succesful then everyone who invested in your idea walks away with profits. If not, just like a failing stock, people lose.

Already thousands of projects did the same and run away with the money after the initial sale, because cryptocurrency market is decentralized and anonymous so anyone can create a start up and there is no regulations involved so these stocks and crypto will mever be same.









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March 25, 2021, 08:56:07 AM
 #13

I think Greyp Bikes' offering is the closest you can get to what you're looking for. I don't think they'll replace traditional stocks tho.
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March 25, 2021, 08:58:10 AM
 #14

I'm still new ish but I see stuff like VeChain as like a stock that pays dividends. It's something that is going to be useful for the real world. It's like a tech stock.

Maybe some others. Cardano, Atom, they offer dividends but not really sure what they do in the real world. VeChain seems like it's an actual company.

Maybe one could start up a company. Make a crypto currency and get it listed and people buying it would be a way of investing in the company. Anyone think that might be the future as the crypto space grows? I like that idea, anyone can get into it. You dont need to open a brokerage account. In a way, you're skipping a middle man.
Then it will not be crypto isn't it? That's separates us from the traditional stock market, if some crypto will act like stock then why not shift to stock only? I don't think this will gain support from crypto community though, because it will sit well will crypto's volatility which everyone love. Staking is already good, but paying dividends will make it worst.

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