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Topic: Dollar Collapse - What does it mean for Bitcoin ? - page 2. (Read 2980 times)

newbie
Activity: 20
Merit: 0
If the dollar were to collapse even partially.   I believe all assets would go up when compared to the dollar, including gold, silver, stocks, bonds and bitcoin.   Just because when people panic they start moving money around.   
mkc
hero member
Activity: 517
Merit: 501
Dollar has been so strong lately, why collapse? I mean you have to trust what you see, not theory.
In theory, everybody is devalue their currency, probably Euro will collapse because EU may break up, but it is  long shot.
sr. member
Activity: 478
Merit: 250
The dollar has been saide will collapse around 40 years. It's still doing fine and will continue to do fine.
legendary
Activity: 3444
Merit: 10558
i hear this almost once every year and it never happens in the scales they are predicting and dolor continues being as it is.
but in case it happens i am sure bitcoin will rise up but again not as big as you may like it to rise, because there are many other things that will go up instead of dollar in case of its collapse.
sr. member
Activity: 280
Merit: 253
1. Collapse of USD is meant to happen at some point. We will be fools to believe that crisis can be averted. The question is only when and how.
2. It will cause the biggest global economic crisis in the modern history.

the question for me is how hard will the crisis hit us. and i do not talk about a specific crisis. maybe it is the dollar, maybe it is something different in the financial word. my point is, that the media coverage these days is so sensational that it might seem like there is no tomorrow. so even if it is not the biggest crisis the media will make it appear so and people like always will eat it up.
legendary
Activity: 1862
Merit: 1004
1. People are speculating about collapse of US monetary system long bfore any of us was born. That doesn't mean anything.
2. The longer the bubble the longer it takes to pop. USD is number 1 leading world currency for over 100 years. It might be here even after we will be dead.

But also:

1. Collapse of USD is meant to happen at some point. We will be fools to believe that crisis can be averted. The question is only when and how.
2. It will cause the biggest global economic crisis in the modern history.
sr. member
Activity: 294
Merit: 250
I trade and Gemini and you should too.
There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
I'm not sure how exactly they got this date, even If it's not the real date, It seems like a lot of experts keep saying that a collapse is coming soon.

Assuming that the Dollar collapse indeed , what does it mean for Bitcoin exactly ?
I am excited to see what will happen with this.  The issue is that Bitcoin is not primarily used in the USA, so the dollar collapse will have an effect on it, but I am not really sure how much of a difference it will make.  Bitcoin is not based currency off of some gold standard, so I am not sure how exactly the impact will make it work, but I am thinking of transferring  few hundred into bitcoin to see if I can make some one off this!!
P.S.  I do not think the dollar will collapse, I just like to think of the possibilities if something like that should ever happen.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
I'm not sure how exactly they got this date, even If it's not the real date, It seems like a lot of experts keep saying that a collapse is coming soon.

Assuming that the Dollar collapse indeed , what does it mean for Bitcoin exactly ?
Bitcoin will stand in another currency like the value of one bitcoin in the dollar at this time is $590 but in another currency like euro with 516 and then the dollar is collapse and we will cross out the dollar and stand in euro for the value and that is not the ending of bitcoin.
legendary
Activity: 3038
Merit: 1047
Your country may be your worst enemy
There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
I'm not sure how exactly they got this date, even If it's not the real date, It seems like a lot of experts keep saying that a collapse is coming soon.

Assuming that the Dollar collapse indeed , what does it mean for Bitcoin exactly ?

I haven't seen any of those videos. I haven't read any of those articles. Don't you have any link if here are so many of them? I always check an info...
legendary
Activity: 1106
Merit: 1005
exact dates are unreliable, remember when the world ended in 2000, 2006 2012, etc.?

i have heard so many predictions that never came true.

The truth is, the dollar will collapse eventually, and actually quite soon, as it is clear the dollar (and fiat in general) is nearing the end.

and this means the era of cryptocurrency will start.

It's unlikely people will use gold and silver because it's just not convenient. And crypto is then the only option if they don't want to stay with the fiat system.

Of course gold and silver will get more valuable as well, but still not as much as bitcoin.
legendary
Activity: 1204
Merit: 1028
Sounds like another date that will come and go, the internet is full of doomsday predictors  Shocked
Those are the guys making the most money out of the dollar collapse other than the oligarcs and big investors like soros and the smart people in hedge funds: the doomsday type of guys like alex jones.

Im not saying the dollar will not collapse but common, its going to take a while.
legendary
Activity: 3332
Merit: 6809
Cashback 15%
OSS, there have been videos predicting the demise of everything since the beginning of videos,  and they sound nice but they're mostly made by prepper whackos who want the value of precious metals to rise.  If the dollar collapses, metals would definitely rise, but I'm not so sure about bitcoin.  In either case I'm definitely not looking forward to the collapse if/when it happens.   That's bad news for all of us.
newbie
Activity: 42
Merit: 0
I don't think it will affect bitcoin at all....
hero member
Activity: 1092
Merit: 520
Sounds like another date that will come and go, the internet is full of doomsday predictors  Shocked
sr. member
Activity: 406
Merit: 250
I dont think it will give any effect or impact to bitcoin, bitcoin doesnt rely on dollar or any currency, bitcoin is the depend on the user and how the user spend the coin, so there wont be any chaos or panic if the dollar crash, but if the dollar crash, i will have more dollars if i sell the coin and if i wait for the right timing to trade it, then maybe I can earn some profit
well i think it would grow a little bit more if dollar goes down because more people would jump into bitcoins then
legendary
Activity: 3556
Merit: 9709
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I'm not sure, there are too many variables but the USD is at its lowest value in a long time. I'm 100% pro bitcoin & a HODLER but if Trump gets in the dollar will do very well. It can't do any worse can it?
sr. member
Activity: 280
Merit: 253
People will simply look for other options to land on as being a safe haven. Gold will most likely receive the major part of the attention and the money coming in, but I'm sure Bitcoin will lift up as well. Especially because of the fact that they can set the government off side via this way.
it did nor happen yet, but every time such a thing happens, people look for alternatives. so some of them will check bitcoin. let us hope the will educate them self properly and pray for the community to behave decent.
legendary
Activity: 1946
Merit: 1137
People will simply look for other options to land on as being a safe haven. Gold will most likely receive the major part of the attention and the money coming in, but I'm sure Bitcoin will lift up as well. Especially because of the fact that they can set the government off side via this way.

this is what i am also thinking. in case what op says comes true people will go to other familiar things like Gold, or other currencies like Euro they will not suddenly start thinking bitcoin is a good investment and lets do it. although bitcoin may feel the effects too and go higher.
legendary
Activity: 1232
Merit: 1091
People will simply look for other options to land on as being a safe haven. Gold will most likely receive the major part of the attention and the money coming in, but I'm sure Bitcoin will lift up as well. Especially because of the fact that they can set the government off side via this way.
sr. member
Activity: 280
Merit: 253
a precise prediction like that is almost certainly bullshit. unless something big is going to happen and you know it already, which i doubt since you would not talk about it or i would be possible to prevent it. but if the dollar crashes then the USD/BTC price will rise, but any other currency XXX/BTC should be more or less stable.   
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