bitterguy28
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2128
Merit: 182
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 17, 2020, 08:38:02 PM |
|
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
Although bitcoin is currently the most valuable coin and everyone wants to own it, that does not indicate the true value of bitcoin in the outside society. Well indeed, there's still differences from how people see whether as investment or a payment process. The constant volatility and easily manipulated values have made it unacceptable in many countries around the world, besides that it also makes it easy for mafia to launder money.
That's the thing, volatility also a good way for illegal doers to manipulates and hide transactions from public. The crypto market can only grow to a certain extent and will not be able to grow strongly because the crypto market has no laws.
For the time being, but who knows after this pandemic government see this system and start adopting. then only the small fish will fight against whales specializing in manipulating the value of bitcoin, in addition, bitcoin is no longer worth anything more.
Correct, the more small investment the better to grow this market, it will push the whales to pumped it up in such ways.
|
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 17, 2020, 08:49:20 PM |
|
Can decentralization lead the next phase of the economy?
Decentralised means more expensive, because anything decentralised cost more then centralised. Money can afford to be expensive. It is worth the cost the decentralisation brings. Not everything can bare that cost.
|
|
|
|
Latviand
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 05:21:40 AM |
|
As long as all of the government is not accept bitcoin, we won't see bitcoin will change the world economy, and all of the global markets will be like what we see now. It needs interfering with the government to improve the economy or the market, and the decentralized system can not run without centralized, which will control the process. Maybe that is what will happen. But if the government doesn't have a choice to survive, I think the government will accept crypto and use crypto as what they usually use. I am sure there will be regulations from the government which can control the cryptocurrency and the market.
That should be the first step, support and promotion should be our focus that could help us to achieve global adoption of bitcoin. If governments will treat bitcoin as a non-efficient currency, the we will not achieve the success of bitcoin. It is not easy at first but if we tell the world how advantageous this cryptocurrency is, maybe this will really help us to the next phase of economy. Maybe we will see the result if the government have a hard time to handle their economy, the only thing that we want is the proper regulation of cryptocurrency in the market and giving importance to it. World economy can be changed by this potentially decentralized coin in the future.
|
|
|
|
jrrsparkles
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 06:07:36 AM |
|
The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. considering where Bitcoin started, the whole ecosystem have come a long way since the past decade.
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
Decentralization is the future but it still a long way to go for sure, maybe the next generation people will choose decentralized assets over the traditional stocks and that time governments also may know how to regulate the crypto currencies.No one exected bitcoin to have some real value but today it is the most expensive currency in the world, expect the unexpected in future. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Hydrogen
Legendary
Offline
Activity: 2562
Merit: 1441
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 07:48:14 AM Last edit: July 18, 2020, 08:03:51 AM by Hydrogen |
|
The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. On the flip side, it may be fair to say global stock markets are in some ways, toddlers in comparison to crypto. Brokers in the united states used to charge upwards of $7+ per trades on the purchase and selling of stocks. Buying and selling stocks often costed more than $15 total in commission fees alone. Crypto exchanges pioneered low commission costs on trades which have become the industry wide standard for stock brokers today. Today we see many banks and financial networks adopting blockchains. Shifting towards a paradigm more closely resembling the trust-less design bitcoin is known for popularizing around the world. You're 100% correct about crypto representing a tiny proportion of global market cap. It may be acknowledged that virtually all of the revolutionary and progressive ideas and technology currently advancing finance, merchant and banking industries were developed within the crypto sphere however. Food for thought~
|
|
|
|
abeecrypto
Copper Member
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 242
Merit: 18
Proof-of-Stake Blockchain Network
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 09:45:16 AM |
|
I think the regulation will have to come. And that regulation will come as a result of the government putting more interest in the crypto market. If the crypto is regulated, there would be more inflow of people into the crypto market. There will more trust. The crypto market can grow into a multi-trillion market only if a larger percentage of people in world (especially the Warren Buffets, Bill Gates, and the likes) are ready to trust the market. That trust will have to come with regulation.
|
|
|
|
Nhor1011
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 994
Merit: 11
Daxetoken.net
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 09:56:55 AM |
|
I think the regulation will have to come. And that regulation will come as a result of the government putting more interest in the crypto market. If the crypto is regulated, there would be more inflow of people into the crypto market. There will more trust. The crypto market can grow into a multi-trillion market only if a larger percentage of people in world (especially the Warren Buffets, Bill Gates, and the likes) are ready to trust the market. That trust will have to come with regulation.
If the government regulate cryptocurrency ,the decentralization will become centralize and that was the government wants to happen because as long as cryptocurrency is decentralize government doesn't have any control on it. Also banks will become useless if ever decentralization leads in the phase of economy which impossible to happen. I think Government will find a way on how to control cryptocurrency if ever they legalize it in every country.
|
|
|
|
MCobian
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 10:12:33 AM |
|
Without proper regulations, it will be difficult for cryptocurrency to lead the next phase of the economy, because the government will never accept cryptocurrency if it cannot be controlled. Then for the government and banks consider decentralization as a threat, the reality is indeed very difficult make cryptocurrency a global currency. But do not despair with the future of cryptocurrency, though it is unlikely in my opinion there is still a chance crypto leads the next phase of the economy. By increasing the demand and crypto users, if crypto users in the whole world can reach 50% of the total population in the world. I am sure the government will change their mind.
|
|
|
|
Bezobraznike
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2020, 07:19:11 PM |
|
Without proper regulations, it will be difficult for cryptocurrency to lead the next phase of the economy, because the government will never accept cryptocurrency if it cannot be controlled. Then for the government and banks consider decentralization as a threat, the reality is indeed very difficult make cryptocurrency a global currency. But do not despair with the future of cryptocurrency, though it is unlikely in my opinion there is still a chance crypto leads the next phase of the economy. By increasing the demand and crypto users, if crypto users in the whole world can reach 50% of the total population in the world. I am sure the government will change their mind.
Crypto-currencies are regulated. About the government I think they will need us, more than we need them! They did nothing in the past years, and if they did it's for their own benefit. And from there I took a question do we really need politicians and governments? I think that decentralization can and will lead us to the next phase, not just in economy, in other segments as well. And sooner that happens it's better, I think what's enough it's enough, these politicians must go.
|
|
|
|
Heart18
Jr. Member
Offline
Activity: 210
Merit: 2
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2020, 12:10:29 AM |
|
Maybe yes, if all the countries in the world accepts Bitcoin and other digital currencies legally. For me, its really useful especially this time of crisis and we do not know yet, when all this strange things be over. But, it can't give us a wider range of service because not all the people lives in a civilized places and have an access to internet and modern technology. Wish everyone would know about it and learn as well for an easiest way of living.
|
|
|
|
audaciousbeing
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2020, 09:48:44 PM |
|
The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. considering where Bitcoin started, the whole ecosystem have come a long way since the past decade.
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
You raised a valid point because no platform becomes a worldwide name by just one person running the show at some point a whole other participants needs to get their own share of the market. But when it comes to crypto, the marker didn't start from a country to go worldwide, it started from the worldwide before thinking of going local which makes it kind of difficult for bitcoin to be dislodged from that top platform. On the regulation, except crypto would continue to operate in the shadow with the option of going mainstream, there is no way around it because with the various atrocities committed in the crypto world, it's either regulation or eventual natural death.
|
|
|
|
hatshepsut93
Legendary
Offline
Activity: 3038
Merit: 2155
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2020, 10:14:10 PM |
|
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
There was a moment in the past when Bitcoin's market share was 37.8% and Ethereum's share was 31.1%. Now Bitcoin stabilized at 60-65% dominance, major altcoins struggle to keep up with its price gains and lesser shitcoins are disappearing. With this trend, alts have no chance to dethrone Bitcoin. Some major fundamental breakthrough would be needed, but how can you be sure that Bitcoin won't be the coin to have it? As for traditional market players, they are into crypto purely speculatively. Even if we are getting more insitutional investors, we are not getting any payment method adoption from larger companies.
|
|
|
|
hulla
|
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
There was a moment in the past when Bitcoin's market share was 37.8% and Ethereum's share was 31.1%. Now Bitcoin stabilized at 60-65% dominance, major altcoins struggle to keep up with its price gains and lesser shitcoins are disappearing. With this trend, alts have no chance to dethrone Bitcoin. Some major fundamental breakthrough would be needed, but how can you be sure that Bitcoin won't be the coin to have it? As for traditional market players, they are into crypto purely speculatively. Even if we are getting more insitutional investors, we are not getting any payment method adoption from larger companies. I also agreed that crypto need a lot of attention for the market to grow large but not by altcoins dethrone Bitcoin which every crypto enthusiast knew it wont happen though and BTC dominant increase after bitcoin was unable to take down by the government, it literally gains additional attention by investors and it experienced an increase from 37.8% to 62.0%. However, BTC dominant or decentralization level wasnt hinder the market positive change but it the government attitude towards crypto that hindered adoption from large companies and if the government attitude changes now, in a single hour crypto market cap will reach a trillion USD.
|
| . .Duelbits. | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀ ▀▄ ▄▀▀ Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█ █ █ █ █ █ █ █ Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █ █ ▀▄▀ █ ▀▀ █ Blackjack | | . ▄▄▀█████▀▄▄ ▄▀▀ █████ ▄▄▀▀▄ ███▄ ▄█████▄▀▀▄███ ██████▀▀ ▀▀██████ █ ▀▀██▀ ▀▄ ▄▀ ▀██▀▀ █ █ █ ███ █ █ █ ▄▄██▄ ▄▀ ▀▄ ▄██▄▄ █ ██████▄▄ ▄▄██████ Roulette | | . █▀▀▀▄ ▄▀▀▀█ █ ▀▄ ▀▄ ▄▀ ▄▀ █ ▀▄ ▀▄ ▀▄ ▄▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄ ▀▄ ▀▄ ▀▄ ▄ █ ▀▄ ▀▄ ▀ ▄▀ █ ▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄ Dice Duels |
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2020, 04:51:56 PM |
|
The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. considering where Bitcoin started, the whole ecosystem have come a long way since the past decade.
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
It is unlikely that if an important business releases their own coin that this coin is going to be decentralized, and even if those were their intentions it is unlikely the governments around the world would allow it, just take a look at the project of Facebook releasing their own coin and how that turned out, as such bitcoin cannot be threatened and the longer the time it passes before a challenger appears the more difficult it becomes to surpass it as anyone that wants to get in this market most likely buys bitcoin and not any other coin.
|
|
|
|
serjent05
Legendary
Offline
Activity: 2968
Merit: 1276
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2020, 02:20:10 PM |
|
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
Simple answer: No. To be accepted in the mainstream market, proper regulation should take place. Even if the cryptomarket is booming, if the government find it unregulated, they will do their best to halt the growth and implement the regulation in it before allowing it to grow further. Regulation is always a partner of government adoption and implementation to its citizen. So as much as we love the word decentralization, the government will never allow it.
|
|
|
|
ChiBitCTy
Legendary
Offline
Activity: 2380
Merit: 3149
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2020, 02:37:27 PM |
|
The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. considering where Bitcoin started, the whole ecosystem have come a long way since the past decade.
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
What are you basing this off of? What are you seeing that is showing that other cryptocurrencies are on their way to becoming as large or even better than bitcoin? I sure don't see it. One other thing you need to realize is bitcoins blockchain is the only chain that has been truly tested at such high levels. There is no proof or positivity that if another chain gets to a 20k type level, that it will be able to handle it. A lot of this feels like mostly conjecture here.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
iv4n
Legendary
Offline
Activity: 3262
Merit: 1180
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2020, 07:58:18 PM |
|
The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. considering where Bitcoin started, the whole ecosystem have come a long way since the past decade.
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
What are you basing this off of? What are you seeing that is showing that other cryptocurrencies are on their way to becoming as large or even better than bitcoin? I sure don't see it. One other thing you need to realize is bitcoins blockchain is the only chain that has been truly tested at such high levels. There is no proof or positivity that if another chain gets to a 20k type level, that it will be able to handle it. A lot of this feels like mostly conjecture here. Well I see where he is going with this. He is talking about decentralization and what bitcoin did until now, it sure opened a door for many others. Now it's a big question will we see some other coin getting close to btc and when will that happen, I see that as possibility, because as he said, the whole ecosystem have come a long way, and competition is getting harder every day! Now we can say that bitcoin will stay on top where it is for some time, but man nobody can't predict the future, and what can happen in certain situations, so at least we need to be opened for almost any possible scenario, even the one where some other coins are getting closer to btc market cap.
|
|
|
|
davinchi
Legendary
Offline
Activity: 2100
Merit: 1058
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2020, 02:25:21 PM |
|
Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time.
I am just seeing it is not necessary. Bitcoin ecosystem does not need any top players from traditional markets. Because, when centralized things are working with the decentralized things that will lead to diluting the basics of decentralization concepts. But, when bitcoin will be proving its potential, top players will be joining for their own reason but people will never need to depend on them for any of the product they are offering by incorporating bitcoin. It means we do not need any such product but bitcoin will grow like anything else without need of any top players' interruption. what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
You prefer or not, regulation by government will happen for sure. But, it will work in favor of making more people adopting bitcoin in long run but in short run, government will be enforcing people to do what they actually want. For example, a government goes against bitcoin by regulation but they will introduce a government backed their own crypto then that will get more popular among people at first but later on people will start realizing the benefits of having bitcoin due to its decentralization characteristics. So, bitcoin will boom regardless of anything such.
|
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 24, 2020, 03:17:21 PM |
|
Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.
There was a moment in the past when Bitcoin's market share was 37.8% and Ethereum's share was 31.1%. Now Bitcoin stabilized at 60-65% dominance, major altcoins struggle to keep up with its price gains and lesser shitcoins are disappearing. With this trend, alts have no chance to dethrone Bitcoin. Some major fundamental breakthrough would be needed, but how can you be sure that Bitcoin won't be the coin to have it? As for traditional market players, they are into crypto purely speculatively. Even if we are getting more insitutional investors, we are not getting any payment method adoption from larger companies. I remember those times, many people back then were talking about how ethereum and bitcoin will switch positions for good and ethereum will leave bitcoin behind and never look back, and we know what happened, no altcoin can threaten bitcoin at the moment simply because it does not make sense, most coins are copies of bitcoin with just a few cosmetic changes, they are still using the core technology of bitcoin for themselves and as long as an altcoin that is completely innovative does not come forward the chances of altcoins surpassing bitcoin are zero.
|
|
|
|
tbterryboy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 02, 2020, 08:09:14 PM |
|
The total market cap of the whole crypto market is nothing when compared to that of stock market or gold. It seems that people have started investing in gold after seeing the recession faced by the stock market. Therefore, the rate of gold is skyrocketing at this moment.
If traditional and institutional investors decide to pour money into the crypto market seeing that it is on the rise even during an ongoing global pandemic, it would give a boost to the market like something that has never happened in the history of the whole crypto market. I think that crypto market is indeed capable of growing into a multi trillion-dollar market seeing the future potential.
|
|
|
|
|