Quote from: Proton2233 on November 02, 2017, 10:03:20 PM

Quote from: batang_bitcoin on November 02, 2017, 09:38:31 PM

Quote from: CryptoKranthi on October 31, 2017, 05:36:28 PM

Hello Everyone
I always want to know the situation of cryptocurrency and stocks relatively. Current marketcap of stocks is 70 trillion and cryptocurrency market cap is 178 billion.Speculators says that cryptocurrency market reaches 1 trillion marketcap in 2019. What do you think, will it takes few years for crypto market to reach stock market cap or is impossible? or can it overtake stocks?

No one knows on what will be the total market cap of cryptocurrencies on 2019, you are 2 years ahead why not think of 2018 first? I don't want to compare stocks market to crypto market, it's totally different. Government is fully supporting the stock market and allowing companies to sell their stocks while in crypto's we don't know if these coins that does real and legit companies and is volatile to the market. But if you want some more profit, movement with crypto's are even faster than stock market.

Governments support the stock market because they are investments in the real sector of the economy. This means additional jobs and tax revenue. Cryptocurrency extort money from the economy and do not bring any income to the Treasury. The cryptocurrency market is a serious competitor to the stock market and I think that the government will be on the side of the stock market. Bitcoin is gradually becoming a target for everyone who is already part of the Fiat economy.

Crypto doesn't bring to any income to the treasury because it's still new and there's law about taxing bitcoin and other coins. And if time will come that bitcoin will be legal and other crypto's too then expect that it will bring a lot of money to the treasury. I don't think that crypto market is a threat or competitor to the stock market, they are both sector and it's really far from each other if we will compare them.