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?
A friend of mine invested in the stocks exchange early this year since he was thinking about his retirement ahead of time. But he is now focused in cryptocurrencies because of the faster returns. As for the market cap, the stock market has been around for so long that it has established its grounds. Cryptocurrencies has only been around for about 8 years now but the growth is very rapid. Just don't know if it can overtake the stock exchange. But almost anything is possible right?