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Topic: WILL CRYPTO REPLACE THE STOCK MARKET? - page 2. (Read 763 times)

sr. member
Activity: 464
Merit: 250
October 24, 2017, 05:05:33 PM
#24
I don’t think it would be logical to say one will replace the other since they are really different ideologically. The reason crypto world grow so fast is the need of fast and better trading with high chance of high better profit. Crypto world is very attractive that’s true but still so many people will prefer to stick global markets because they are so called ‘legal’ .
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
October 24, 2017, 05:04:43 PM
#23
I think that cryptocurrency can enter the economy but I'm sure 100 percent that it will not crowd out the stock market
full member
Activity: 196
Merit: 102
October 24, 2017, 05:03:12 PM
#22
Cannot see that as a possibility. So many changes to society and business would have to happen. I think it is more likely that some crypto companies could actually issue stock also and be traded on the stock exchange depending on their technology. Another possibility is more exchange traded funds such as GBTC
full member
Activity: 227
Merit: 101
October 24, 2017, 05:01:39 PM
#21
It will not replace the stock market, but maybe take away some revenue from the Casino's Wink
full member
Activity: 185
Merit: 100
October 24, 2017, 04:51:34 PM
#20
The short answer is no.

The longer one is that blockchain is an integral part of cryptocurrencies, thought it can be adopted by stock market and used sufficiently, however, cryptocurrencies the way they are would be unable to replace the stock market as a whole for various reasons: starting from lack of regulation by central banks (or SEC) and finishing with the reluctance of some huge investors to go into cryptocurrencies...

Though I might be wrong
sr. member
Activity: 686
Merit: 250
October 24, 2017, 04:46:27 PM
#19
No how would this even be possible?
Should all companies convert their stocks into crypto or something?
full member
Activity: 308
Merit: 100
The Operating System for DAOs
October 24, 2017, 04:46:09 PM
#18
I believe that the crypto market has the right to life, but it is necessary to throw out many unnecessary fraudsters from it
legendary
Activity: 3164
Merit: 1187
October 24, 2017, 04:44:11 PM
#17
Absolute no! Bitcoin has nothing to do with stock market! However maybe some cryptos will choose that road in the next coming years but it's really hard to predict what will happen.
full member
Activity: 308
Merit: 101
October 24, 2017, 04:43:34 PM
#16
I don't understand what do you mean. Why will it replace stock market? There is no reason and 1-2 company worth total market cap of crypto already.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
October 24, 2017, 04:33:48 PM
#15
Cryptocurrency is the new new stock of this age, this is where every organization is trending towards,this migth take few years ,all that is require is for  few major global organization to release a a coin and ICO, others will follow suit.
full member
Activity: 168
Merit: 100
October 24, 2017, 04:19:00 PM
#14
These are completely different markets. There will be no taking over. As bitcoin is for transparency, while the stock market is very much the contrary. Lots of secret operations and suspicious actions, just to make as much profit as possible.
The stock market will adopt bitcoin, traders will use it like stocks. So bitcoin will not take over the stock market.
full member
Activity: 167
Merit: 100
October 24, 2017, 04:10:43 PM
#13
One day each company could have its own token/cryptocurrency which are in effect shares in the company and paying dividends. They can be freely traded instantly on the blockchain, rather than the mess that exists today with middlemen an clearing houses.
full member
Activity: 266
Merit: 101
October 24, 2017, 04:09:10 PM
#12
I don’t think people are going to be holds jcpenny and macys on their desktop wallets however I do believe that they will begin to work more and more together. Block chain on major stock websites.

Also a stock is just a record of your stake in the company, no reason that could not be turned into block chain at some point to keep honesty to the stock market.
full member
Activity: 168
Merit: 100
October 24, 2017, 03:54:50 PM
#11
No.

These are simply to different markets. Just like the real estate market can't replace the stock market or the precious metals market can't replace the stock market.
member
Activity: 106
Merit: 10
October 24, 2017, 03:51:21 PM
#10
Just curious as to your opinions?

If we can just represent every asset as an alt coin, why bother with the current market, make it all anonymous?

Is crypto the global financial market of the future?

Crypto Assets can be used as traditional stocks/shares and the ICO processes is like an IPO in many ways.
That being said,  it is highly unlikely that it will replace STOCK Markets, More like corporates will adopt blockchain to distribute their shares as smart contracts before a take over happens.
Ethereum  has proven as a good platform to facilitate ICOs however due to regulations and security concerns and to a degree tech limitations the idea has gained full speed yet but many governments are actively discussing about regulating ICOs  and its use case as a crowdfunding platform..

The possibilities and potential are immense and we're just barely learning to walk..
sr. member
Activity: 503
Merit: 286
October 24, 2017, 03:41:43 PM
#9
I agree with the OP. I do not see why crypto would not replace the stock market. In fact, Buterin wrote about similar ideas a couple years ago.

Think about all the benefits it would have. Everyone who owned a share and the entire public would know the owners (using addresses) of all shares at all times. It would be inexpensive and rapid to exchange/trade shares, in any currency. It would be easy to validate that dividends were appropriately paid out by looking at the blockchain. There is so much money to be saved that eventually it would happen. Probably we are looking at changes occurring over the next several decades, and replacement at some point after that, gradually.
legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
October 24, 2017, 03:39:41 PM
#8
Stock market and crypto is completely different thing, stock market deals with real product (it is supposed to be real one) while crypto market only deals with virtual currency which never exist in the physical form.

I don't think crypto market can replace stock market anytime soon.
member
Activity: 106
Merit: 10
October 24, 2017, 03:34:09 PM
#7
Almost certainly they won't replace each other, in future we may see some sort of integration of the two, there is no reason they cannot coexist.
full member
Activity: 383
Merit: 100
Valorem Foundation
October 24, 2017, 03:30:43 PM
#6
Wallstreet is already in... but i don't think it can replace stock market.. because STOCKs are backed up by big corporations with working/well known products. First blockchain projects need to come to operating phase, not only ICOs.. and this is only the first step. Second one is government support, which will be the hardest one. Now its just hype on idea, and profits on fools.. So its long way for crpyto..
The most amazing this will be when a blockchain ICO develops the product, grows really well and then wants to do an IPO! That will change everything as it will provide an exit for developers and even more mainstream acceptance.
newbie
Activity: 107
Merit: 0
October 24, 2017, 03:28:00 PM
#5
Wallstreet is already in... but i don't think it can replace stock market.. because STOCKs are backed up by big corporations with working/well known products. First blockchain projects need to come to operating phase, not only ICOs.. and this is only the first step. Second one is government support, which will be the hardest one. Now its just hype on idea, and profits on fools.. So its long way for crpyto..
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