What if all the money in the world entered the cryptocurrency market?

KaliLinux

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Quote from: Ozero on February 16, 2022, 04:12:02 AM

Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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.

Ozero

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Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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.

ice18

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Quote from: kawetsriyanto on November 09, 2021, 06:35:22 PM

Quote from: Flexystar on November 08, 2021, 11:08:27 PM

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.

kawetsriyanto

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Quote from: Flexystar on November 08, 2021, 11:08:27 PM

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.

Mahanton

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Quote from: TinaK on November 09, 2021, 04:38:02 PM

Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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.

TinaK

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Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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.

habebe

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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

AicecreaME

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Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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.

DOH!

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Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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

xSkylarx

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Quote from: JohnBitCo on November 08, 2021, 02:21:55 PM

Quote from: stadus on October 11, 2021, 11:35:19 AM

Quote from: yhiaali3 on October 10, 2021, 08:17:53 PM

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.

Flexystar

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Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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.

rizqoAD

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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.

odolvlobo

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Quote from: Maidak on November 08, 2021, 12:40:31 PM

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).

JohnBitCo

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Quote from: stadus on October 11, 2021, 11:35:19 AM

Quote from: yhiaali3 on October 10, 2021, 08:17:53 PM

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.

Maidak

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Quote from: qwertyup23 on November 08, 2021, 11:40:49 AM

Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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

I doubt that this would happen even in the future. Remember that transacting through fiat has been recognized around the world due to its convenience and point of reference among countries. Since all adhere to such standard of payment, it is obvious that its price derives depending on the economics and financials of the country.

If all countries dedicate their whole money and entered into the cryptocurrency market, then that would just be chaos impending. The value of cryptocurrencies is too volatile and that would cause every value of fiat to decrease on the market rendering it obsolete.

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.

kanayaTabitha

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Quote from: seoincorporation on November 08, 2021, 09:54:24 AM

if that happens then money and cryptos will lose their value. i will be clear with the title 'All the money, so, imagine a world without money because all of them is in the cryptos market. So, if no one can buy cryptos because no one has money then any kind of money will lose sense.

I feel like it's a tricky question mate... There is approximately US$ 40 trillion in circulation, and it's the fuel for humanity to evolve, without the money being spent the humanity would get stuck.

I think when these things really happen, the world is no longer need fiat money instead of stable cryptocurrency like USDT.
So people no longer buy things with fiat and people's income or salary is directly transfer to stable cryptocurrency into their addresses.
I think this decentralized of money will happen somewhen in the future could be more than 50 years, because to realize this we need the world with all the human knows the technology like the human know the money in current era.

blatchcorn

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Quote from: xSkylarx on October 11, 2021, 10:05:37 PM

Quote from: blatchcorn on October 11, 2021, 12:29:00 PM

Crypto is popular among its community member and right now its in every country. The no of people that are using it or fully understand it are still very less in number. To me crypto is far from becoming a fundamental technology or may be never, primary reason you have already mentioned.

There are lot of people now a days that know bitcoin and what it is but they didn't put their money to since they know that is is very risky . Since the pandemic came the netizen get curious of bitcoin thats why they research and get know bitcoin . But it is really innovation into currency system now a days and also it is great for the future . I think if all money entered the crypto is the price will stabilize i think since there are balance supply and demand which i think not that good for the investors.

If you see government regulations regarding decentralized crypto then they are very much same even in pandemic. I don't foresee that government will soften its stance on decentralized crypto in near future. Its the community that is driving the crypto market for past 10 years and will be major factor in coming years also. Nonetheless it will be good if all money in the world enters crypto i.e. fiat is replace by crypto. But thats something not happening now.

qwertyup23

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Quote from: Sebastian Michaelis on October 08, 2021, 04:03:54 PM

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

I doubt that this would happen even in the future. Remember that transacting through fiat has been recognized around the world due to its convenience and point of reference among countries. Since all adhere to such standard of payment, it is obvious that its price derives depending on the economics and financials of the country.

If all countries dedicate their whole money and entered into the cryptocurrency market, then that would just be chaos impending. The value of cryptocurrencies is too volatile and that would cause every value of fiat to decrease on the market rendering it obsolete.

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Quote

There is approximately US$ 40 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts.
Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.3 quadrillion.

Quote

The value of all cryptocurrencies in circulation (over $2 trillion) and investment in commercial real estate ($30 trillion) also represent a small portion of the total money in the world. Bitcoin, for example, accounts for less than 1% of the world’s money.

How Much Money Is There In The World? | 2021 Edition

So I think we could say if all the money in the world was invested in crypto currency, and more specifically in bitcoin, we could say the price would grow x100, reaching to 6,600,000$ dollars. That is just my basic understanding though, taking in consideration bitcoin represents less than 1% of the world's money.

7788bitcoin

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Quote from: sgenuine on November 08, 2021, 09:44:04 AM

I don't think that authorities will let crypto replace traditional financial system. They may start banning withdrawing crypto, centralised exchanges, everything that they can close as they don't want to lose control over finances. Anyway, I am sure that crypto will become more and more expensive within time so earlier we start invest, the more will get in the long-term.

It is a thought process that majority of the cryptocurrency investors would like to see, more investors in the market so that they could make millions of dollars and that is where this idea stems when there will be major adoption. The fact is you cannot expect everyone to invest in the market, there are many that will burn their balance once the bear market starts looming over us and it is a natural progression Cheesy

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