Topic: Crypto currency may not disrupt the Trillion Dollar Global Market (Read 557 times)
December 15, 2018, 04:27:44 AM
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.
December 11, 2018, 04:03:30 AM
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.
December 11, 2018, 02:59:22 AM
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.This is why crypto may not have any impact over the global Economy whatsoever.
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.
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.
December 09, 2018, 08:12:55 PM
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?
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
December 09, 2018, 11:22:31 AM
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. 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?
December 09, 2018, 06:47:12 AM
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.This is why crypto may not have any impact over the global Economy whatsoever.
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.
December 08, 2018, 09:04:43 PM
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
December 08, 2018, 07:38:10 AM
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. December 08, 2018, 02:35:25 AM
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.
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.
December 08, 2018, 02:04:50 AM
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
December 07, 2018, 07:08:10 PM
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. 
December 07, 2018, 10:13:54 AM
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.
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.
December 07, 2018, 10:04:28 AM
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.
December 07, 2018, 09:54:11 AM
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?
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.
December 07, 2018, 08:43:35 AM
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. 
November 10, 2018, 06:01:00 AM
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.
November 10, 2018, 05:00:54 AM
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
November 10, 2018, 04:50:27 AM
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.
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.
November 10, 2018, 04:18:03 AM
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.
November 09, 2018, 07:45:59 AM
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?
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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