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Topic: Crypto currency may not disrupt the Trillion Dollar Global Market - page 2. (Read 557 times)

jr. member
Activity: 252
Merit: 1
it should able to reach a trillion dollar within 10 years time.
hero member
Activity: 966
Merit: 517
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.
Well, everything is always under probability, so the use of word 'MAY' kind of suffice. However, there is always a possibility to everything considering the rate at which blockchain technology on its own will have the ability to disrupt the trillion dollar global market and we are already seeing that happen.

Cryptocurrency on its own is just an application of the blockchain technology in different spheres and sectors, so the chances of it becoming a trillion global market is most definitely there, but it is not actually cryptocurrency itself that will end up disrupting the global market, that will have a whole lot to do with blockchain technology.
hero member
Activity: 1022
Merit: 538
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.
jr. member
Activity: 420
Merit: 1
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.
full member
Activity: 476
Merit: 100
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.
legendary
Activity: 1386
Merit: 1058
I do not think the cryptocurrency market will break the global financial markets because the main purpose of creating the coin is to serve life more conveniently. So I think that the cryptocurrency market will go along and grow with the global financial market and there is no obstruction.
Serving life conveniently will actually make more people to come into the space but not everyone and that is why I believe it would not disrupt the trillion dollar global market. We cannot say much for now though, knowing that we obviously cannot tell what the future holds in a way, but one thing for sure is that it would still end up being a part of the whole global market on its own, and for the fact that we are still in the early phase and we have been able to get to this level, I would not be so certain of what could happen in the future.

I agree with the importance of fiat currencies in the global economy. It is important to understand who supports the various currencies and the victory will be for the strongest side. I still do not see the prerequisites that cryptocurrency will be able to take part of the global money market.
Cryptocurrency is already a part of the global money market, but of course it is just going to be a piece of the global market and I really do not see it disrupting any other market. I said that judging from the way things are going already now and how countries and banks are looking to benefit from the space and it would make the space be more of an alternative form of investment as well as spending. The global money market is huge and I do not see how cryptocurrency will just easily get that disrupted.
hero member
Activity: 2842
Merit: 772
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?

Its too early to say if crypto will have a impact on global market. First, we're still at its infancy, we barely a decade and we all know for example Stock markets has been here for many years now that's why they'd established.

Let's wait till crypto gets to exist for at least 20 years and really see if there's a significant dent on the global markets. Besides, there are news that majority of Wall Streets and Gold holders are inching and wanted to get a piece of the pie. So sooner or later we might see funds being channeled to crypto in the next decade and just maybe we get to see marketcap touching in the Trillions.
full member
Activity: 239
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I do not think the cryptocurrency market will break the global financial markets because the main purpose of creating the coin is to serve life more conveniently. So I think that the cryptocurrency market will go along and grow with the global financial market and there is no obstruction.
member
Activity: 252
Merit: 10
I agree with the importance of fiat currencies in the global economy. It is important to understand who supports the various currencies and the victory will be for the strongest side. I still do not see the prerequisites that cryptocurrency will be able to take part of the global money market.
hero member
Activity: 1666
Merit: 753
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?

Even if bitcoin does not necessarily influence anything in the macro level, which it is right now with many companies and investment firms deciding to get into the field of bitcoin investments and commerce, it has the potential to help individuals around the world on a microeconomic scale.

Whether it's helping citizens from third world countries connect with employment opportunities worldwide, or people in economically unstable countries using bitcoin as a safe haven to store their wealth, especially with the unbanked population. All of these things are benefits that bitcoin brings, not just limited by borders either, but worldwide.

It really comes down to what you define the term "disrupt". Yeah, bitcoin's not going to replace the traditional, fiat economic system altogether, but it's still something that can make an impact globally.
full member
Activity: 378
Merit: 100
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?

My question is why need the cryptocurrency market will need to disrupt the global market trillion value?when theres no need for competition instead this two may work together for the betterment of the world economy?you people only making issues when theres really none

cryptocurrencies in friendly mode in gaining the market value in expanding the market to all major country we can see positive development once cryptocurrencies reach trillion dollars market cap

Crypto market almost reached trillion cap last December 2017 and i believe that it wasn't impossible for this to be attained,all we need is acceptance from the whole world and adaption as a currency and not a illegal materials that has been used by criminal elements

Most of the people are expecting for the price of bitcoins to reach $50k dollars before the year ends and that is the reason why you should be holding your coins today or invest even more.
sr. member
Activity: 714
Merit: 260
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?

My question is why need the cryptocurrency market will need to disrupt the global market trillion value?when theres no need for competition instead this two may work together for the betterment of the world economy?you people only making issues when theres really none

cryptocurrencies in friendly mode in gaining the market value in expanding the market to all major country we can see positive development once cryptocurrencies reach trillion dollars market cap

Crypto market almost reached trillion cap last December 2017 and i believe that it wasn't impossible for this to be attained,all we need is acceptance from the whole world and adaption as a currency and not a illegal materials that has been used by criminal elements
hero member
Activity: 980
Merit: 507
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?
What exactly does the global market comprise of? Investments, assets? Like stock, gold, and other old-school fuckshits?

Yeah, it doesn't really matter if crypto influences or disrupts the markets. And it shouldn't, for all of those are currencies, even though most of them have the wrong sense of what crypto is. The moment crypto(especially bitcoin) starts disrupting things, the entire point of it , is in vain. Bitcoin was just supposed to be intended for a peer to peer currency usage, without involving the oldschool fuckall bullshit and drama. I don't really care about this, unless crypto is helping people out, which it is. So don't really see anything amusing here.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
IMO, there are only certain aspects to which crypto could disrupt the markets. Well in fact it already did, by making the companies pursue the wonders of the blockchain tech, together with the governments wanting automation and security on their processes and services. For the first time in many years, companies have actually felt the 'need' to do something about their obsolete systems, and that IMO is already a disruption of the markets, perhaps not directly related to stocks and whatnot but disruption notwithstanding.
member
Activity: 350
Merit: 10
This is truth and I think we should not also be scared to take over the global market! Cryptocurrencies market is till very new and to me it has performed very well and in 15 to 20 years to come we maybe see cryptocurrencies marketcap in multi-trillion.
Read up to trillions of dollars. Listen eager too! Electronic money has its own set of processes that do not affect much of the other disciplines. Its stability and permanence have not changed.
member
Activity: 280
Merit: 11
cryptocurrencies in friendly mode in gaining the market value in expanding the market to all major country we can see positive development once cryptocurrencies reach trillion dollars market cap
sr. member
Activity: 798
Merit: 255
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 believe that in order for it to be more popular you need to wait, yes it’s just a matter of time. Market industries is not about looking it at first then it’s already popular ofcourse crypto need to take time to build its own strong foundation.
member
Activity: 420
Merit: 18
cryptocurrency entered the trillion dollar market very soon and it will create subsequent amount of market share also in the coming days it is only matter of time for global economy disruption
legendary
Activity: 2954
Merit: 2145
Probably the best case scenario on how crypto can disrupt the global economy is Venezuela. They have their own Petro for the purpose of evading trading sanctions for the US. If crypto can lessen the influence or the role of US dollar on a wide scale then I assume that it can greatly affect global market, as US dollar is the de-facto Central Bank.

Or as @cellard, has pointed out, if crypto can challenge the gold marketcap, or at least hurt the demand for gold. China And Russia purchased more golds than any other country. If we could just get a piece of that slice from them, maybe we can see the balance tip on our side and will "probably" put a significant dent of the world market.

Bad example, Venezuela won't avoid any sanctions because no one will accept their shitcoin, not even their allies. But even if someone accepted it, it would never be the countries that sanctioned Venezuela, so again it doesn't matter in terms of reducing the US influence. BRICS are working on their own alternative to SWIFT, so the infrastructure for payments is not a problem, the problem is that their economies suck.
jr. member
Activity: 420
Merit: 1
We are members of this community believe in and develop the crypto industry. I'm sure that the total capitalization of the crypto market will reach a trillion USD 2019 or 2020, for this already there are many factors that attract new investments.
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