The effect of cryptocurrency on FX ?

Discussion in 'Forex' started by objectOriented, Oct 2, 2017.

  1. What is the likely impact of expanding cryptocurrencies on FX. Could these cryptocurrencies end the need for currency exchanging and for all intents and purposes end the FX speculative market? or, do they offer an alternative?
     
  2. sprstpd

    sprstpd

    I'll bet that the FX speculative market will be alive and well 100 years in the future. Whether or not the FX market absorbs any ideas from cryptocurrencies is another matter.
     
  3. doggyfx

    doggyfx

    Unless governments won't impose ban on them they'll thrive and their market cap will grow. But compared to trillions poured in forex market cryptos will long enjoy status of market of exotic currencies.