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Author Topic: What if all the money in the world entered the cryptocurrency market?  (Read 515 times)
odolvlobo
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November 08, 2021, 08:10:23 PM
 #61

Both fiat money and cryptocurrency are equally important. Each one has its individual function,
It is not possible to give precedence over one to another. In many cases, we must have to use Fiat Money, cause there is no alternative. For example, you know that in the case of cryptocurrency, chargeback is not possible, once the payment is broadcasted, there is no way to get it back. We need chargeback for banking transactions and our daily transactions. So in this case you must have to use Fiat Money.

There is nothing that fiat money can do that cryptocurrency cannot. There is no reason why you cannot have chargebacks with a cryptocurrency. The process may not be integral to the cryptocurrency itself (just as it is not with fiat money), but it can be implemented in a payment system built on top of the cryptocurrency. For example, there is no reason why the Lightning Network could not include a chargeback system (though I doubt it ever will).

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rizqoAD
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November 09, 2021, 03:59:36 AM
 #62

I don't think that will happen because paper money will be centralized and always controlled by the bankers. While cryptocurrencies are decentralized by nature making them very difficult for a country to adopt, each country has their own currency which is protected by law and keeps foreign currencies like cryptocurrencies from taking over from fiat money. We always see the fantastic price of Bitcoin so it is possible if the price of Bitcoin becomes very expensive.

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November 09, 2021, 04:08:27 AM
 #63

This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink

You say what man ?

It is the foundation of the new economic system? No it’s not. It’s not even close because it’s infrastructure is too poor to handle the whole worlds transaction. I mean MasterCard and VISA, look at the infra and the work force needed to run the whole dam thing. Now that’s what you call as economic system. Crafted and upgraded with classic touch.

No one is going to put all of their money into crypto. For example, I would always put only 10-20% of my salary into bitcoin that is also after I have fulfilled my household things.
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November 09, 2021, 04:19:20 AM
 #64

This is very likely to happen in the future, if the bitcoin price goes up to these fancy numbers then most of the altcoins will surely follow suit as always, yes i have thought about this before and decided to buy small amounts of several well rank altcoins in the market It can rise to fantastic numbers one day and I will leave it to the distant future and be like a fortune that I pass on to my children when they grow up.
I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future.

One day this will happen when the fiat money will be completely replaced by the digital currency. The way crypto is being adopted , i think we are not far away to see this time.

Although banks and governments oppose this change but eventually this change will happen.

If this type of people are opposed to it, I believe it will be difficult, but we can't rule out the possibility that they will begin to accept it in the future, similar to other countries that have made bitcoin legal, which has had a positive impact on their country. However, for the time being, my opinion is that digital currency will be a long way from completely replacing fiat currency. The other hand, if all money is in cryptocurrency, I believe the price will stabilize like other currencies as a result of supply and demand just like other fiat money that we are using.
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November 09, 2021, 06:00:33 AM
 #65

This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
They will get into bitcoin and not necessarily into altcoins, but when the market is dependent and expansive.  All will resonate with a larger, more diverse spectrum.  Imagine and believe the SEC could approve a bitcoin ETF with Spot this weekend, that continues to be a big explosion for trust with trust levels.  I think bitcoin will be 100k in november and future there it will be 1M$ Roll Eyes

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November 09, 2021, 09:18:36 AM
 #66

This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink

This scenario will never gonna happen so there's no point in thinking about it. Given that not all people are into crypto. It's really impossible for "all the money in the world" to enter the crypto market. It won't happen in stock market, neither in our community. You're basically waiting for a fish to walk on land. It's futile to ever think about it because it's not going to occur anytime now or in the future. You can't encourage everyone to trust how the crypto market works, the same way you can't control their decision-making, or their tolerance of risk because we don't have the same viewpoint in life.

You do what you want to do and let other people manage their lives and assets. Invest if you can, and let them handle their own finances in life. After all, the world does not only revolve in crypto. There are many other ways to sustain the economic growth and to be financial independent. You just have to have determination an perseverance.
habebe
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November 09, 2021, 09:55:17 AM
 #67

if that happens, it will be nice but the government is the only one who handles Cryptocurrencies to everyone and besides the network needs to provide Internet how much more I think everyone is using Cryptocurrencies in all countries I'm not sure the network can handle its  my opinion is that even all crypto, has been conquered by the world, so how come the ignorant - even all money has become crypto currency that there is still ignorance in life, so it's better for those who have crypto assets because they already know  and they first realized ,, will in thing very good to hear that all are crypto currencies that the money with all countries
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November 09, 2021, 09:38:02 PM
 #68

I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink
This was what I'm thinking a few days ago and now I'm starting to invest even a little amount that comes from my monthly salary. There's a good opportunity that waiting ahead upon investing in bitcoin and I know it's worth it when someday bitcoin will become very expensive in the market. Even, for now, I saw a lot of good news that happens around bitcoin, there are a lot of adoptions like making bitcoin as a salary and also legalizing it in some countries to become legal tender. So possible there are more good opportunities waiting ahead and while we have time we can now invest into it.
Mahanton
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November 09, 2021, 09:41:35 PM
 #69

I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink
This was what I'm thinking a few days ago and now I'm starting to invest even a little amount that comes from my monthly salary. There's a good opportunity that waiting ahead upon investing in bitcoin and I know it's worth it when someday bitcoin will become very expensive in the market. Even, for now, I saw a lot of good news that happens around bitcoin, there are a lot of adoptions like making bitcoin as a salary and also legalizing it in some countries to become legal tender. So possible there are more good opportunities waiting ahead and while we have time we can now invest into it.
Always be mindful about the risk because it doesnt mean that it is the main trend as of now which it could continue on years ahead which we should think that there would be
no guarantees when it comes to this manner.Always consider on investing on the amount that you can afford to lose and dont put up all of your life savings on it,
You wouldnt know on what would happen next which it is just right that you wouldnt really go all in. Thinking off on all money in the world entered crypto market?
 that will surely put up on high peak prices but the question, is that possible? No of course.

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November 09, 2021, 11:35:22 PM
 #70

No one is going to put all of their money into crypto. For example, I would always put only 10-20% of my salary into bitcoin that is also after I have fulfilled my household things.
Agree. How can everyone put all their money into crypto market? I don't think any possible way, it is simply impossible to happen. Not all people want to speculate their money into crypto coins, even it is Bitcoin. Some people prefer to have fiats because it is easier to use for payment purposes. Some people also aren't interested to invest in something unpredictable. According to these facts, surely there are many people who don't want to put their money in Bitcoin or altcoins.


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November 10, 2021, 03:55:57 AM
 #71

No one is going to put all of their money into crypto. For example, I would always put only 10-20% of my salary into bitcoin that is also after I have fulfilled my household things.
Agree. How can everyone put all their money into crypto market? I don't think any possible way, it is simply impossible to happen. Not all people want to speculate their money into crypto coins, even it is Bitcoin. Some people prefer to have fiats because it is easier to use for payment purposes. Some people also aren't interested to invest in something unpredictable. According to these facts, surely there are many people who don't want to put their money in Bitcoin or altcoins.

Not in  crypto but I think its very possible into digital form, Time will come all fiat money will become obsolete and transform into Digital like CBDC, and will become easy for every people who want to put their money into crypto. Most people today are hesitant to enter crypto for obvious reasons but when the time comes that all governments legalized crypto they will adopt and possibly most of them will transfer their wealth into it.   

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February 16, 2022, 09:12:02 AM
 #72

This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink
These are all almost childish fantasies that are not destined to come true. I don't think we'll ever see a $1 million bitcoin price. We don’t know if bitcoin could reach such a price even if it formed under ideal conditions for this. But bitcoin will always exist among states, and they are unlikely to be happy if very large capital is poured into the cryptocurrency, which they cannot fully control. I don’t want to predict what states can do in response to a significant increase in the influence of cryptocurrency in the financial sector, but such an influence of the state will definitely not be allowed.

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February 16, 2022, 09:41:23 AM
 #73

This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink
These are all almost childish fantasies that are not destined to come true. I don't think we'll ever see a $1 million bitcoin price. We don’t know if bitcoin could reach such a price even if it formed under ideal conditions for this. But bitcoin will always exist among states, and they are unlikely to be happy if very large capital is poured into the cryptocurrency, which they cannot fully control. I don’t want to predict what states can do in response to a significant increase in the influence of cryptocurrency in the financial sector, but such an influence of the state will definitely not be allowed.
Treu talk, it still surprises me when I see all these "IF" fantasy questions about Bitcoin, what if it was this and what if it was that. We all like to see that and we all or maybe not all understand how the Government and economic policies work. This ain't happening, that is, All the worlds money entering Bitcoin Grin I have asked this question before, which countries' Government will give up their fiat money for crypto or Bitcoin, I mean the ones that control the world economy?  Don't overthink it OP.
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