Post
Topic
Board Economics
Re: Market cap of crypto 1% of worldwide stock market cap
by
Bobby park
on 15/01/2018, 22:42:21 UTC
What is everybody thinking about the fact that the total market cap of crypto is about 1% of the worldwide stock market cap. I would argue that viewing it that way, it’s hard to avoid talking about a bubble. I would suspect a huge correction at some point. Do you guys share that view or do you think I am missing something?
Imagine, it is worldwide stock! Eventhough it is just a 1% of stock globally but it is huge enough. We cannot say that the bubble thing may come true and it is worst time for the investors of cryptocurrency. In fact, many investors as of now are neglecting to join in cryptocurrency, in avoidance of bankruptcy.