Let's hope it's not true. Historically, every time there has been a global economic "collapse" there has been a major war that killed a bunch of young people.
Wait a minute, I'm older now and can't be drafted so I don't really care. I hope there's a dollar collapse. lol
Bitcoin relies on a solid global infrastructure. Providing the crash does not harm the infrastructure Bitcoin uses (consistent electricity, Internet service, bandwidth, etc.) then Bitcoin could do quite well. Unfortunately, infrastructure survival in a major crisis is anybody's guess.
Topic: Dollar Collapse - What does it mean for Bitcoin ? - page 3. (Read 2980 times)
There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
September is really near and there is no any sign of dollar collapsing soon but i have also heard that one day market will not remain USD dominated so may be we will see BTC dominated market. 
but question is will dollar collapse?
alot said same for the GBP that it will crash because of brexit but it picked up in value again
alot said same for the GBP that it will crash because of brexit but it picked up in value again
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'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 ?
wow, they should have big confidence to say that date. but it's still not 100% proof until 27 September.
if it will happen, bitcoin will worth more, the price will increase, and this is what we all are waiting.
there is always the possibility of solar flares disrupting the powergrid. im praying this happens later than sooner but its good to be prepared with food and water just in case
I do believe that the dollar wont collapse for now. But if its happen bitcoin will go up. Like what happen in China, when their economy collapse the bitcoin fly to the moon.
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'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 ?
these have been mostly youtube videos like this https://www.youtube.com/watch?v=9Z5py1098RA and honestly i don't find it as a proof of anything collapsing, maybe some drop hype but not a collapse and all these news looks more like a hoax go me, but it is just my opinion.
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i don't trust these speculations to be honest as it really uncertain and can't be proven but i guess when dollar getting collapsed those dollar holders will moving their wealth to bitcoin and will result increase in demand so definitely a price rising
beside all of it,the speculation is not really bothering me because it's unreasonable so don't care too much to this news i guess
beside all of it,the speculation is not really bothering me because it's unreasonable so don't care too much to this news i guess
Seems more like a big conspiracy theory than a real event.
I also think in the similar fashion.[...]
If that is a conspiracy there, than this maybe a good time to buy.
Conspiracy does not mean "something that's not true"
Ergo, even if real the consequences are hard to predict.
Besides traces of conspiracy will be hidden for long time after, so we cant say anything for sure.
I'm still not convinced you know what "conspiracy" means. You've changed from "things that aren't true" to "things that may or may not be true".
Genuine conspiracies are both proven and disproven, every week (maybe even every day) in legal courts all over the world. The definition of the word has nothing to do with any certainty in provenance. It's an adverb (not the adjective as you keep using it) that describes a form of planning.
Really? 27? Who' Said that?
No one can predict what will happen on the market especially predict the date.
And for your question, bitcoin price is based on dollar rate.
I think bitcoin will get in high position, because of demand will increase from peoples with another fiat.
They change their money for dollar, and then buy bitcoin.
No one can predict what will happen on the market especially predict the date.
And for your question, bitcoin price is based on dollar rate.
I think bitcoin will get in high position, because of demand will increase from peoples with another fiat.
They change their money for dollar, and then buy bitcoin.
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
Bitcoin will not be impacted much by a dollar collapse maybe just a little. What I want to answer is why nothing will happen on 27 September 2016 and that this is just a conspiracy theory very common in our time. The reason nothing will happen is simple and that is dollar depends on US economic data and the interest rate of Federal Reserve. Both these are positive for dollar nowadays and I don't think this will change for just 1 month. USA is on the most perfect economic times with the unemployment rate in the minimum possible 4.9% to 5.1% during the Obama mandates. Interest rate is positive so everything is looking perfect for the moment. I wonder how can people possibly vote for Trump and against Obama.
Seems more like a big conspiracy theory than a real event.
I also think in the similar fashion.[...]
If that is a conspiracy there, than this maybe a good time to buy.
Conspiracy does not mean "something that's not true"
Ergo, even if real the consequences are hard to predict.
Besides traces of conspiracy will be hidden for long time after, so we cant say anything for sure.
btvGainer sums it up nicely. We have to wait a little and see.
I'm sure next bubble is on the way, rather small and stable.
First off , I don't think dollar will collapse because it is backed by petro-dollar which is its real strength. As long as petrol will be traded in dollar forget about its collapsing. There is no alternative of dollar right now neither Bitcoin can do much. I think this is also a type of hype to attach bitcoin or other assets with these types of imaginary events. I really don't believe in these so-called web based financial experts they have said many things over the last years and nothing happened yet.
there is no direct impact on bitcoin if dollar collapse. It's that bitcoin will get higher in terms of dollar since dollar is devaluating but the actual value still the same unless people will try to exit and convert their fiat to bitcoin, that way it will greatly affect bitcoin by creating a bubble, an increase in price than is followed by a steep decline.
We have to wait to watch what happens.If bitcoin and dollars both depreciate,which is the case at present,than nothing is going to happen.If bitcoin goes up and dollar falls down,people will start buying bitcoin giving it further push
The dollar has been one week away from collapse for somewhere around 40 years. It's still doing fine and will continue to do fine.
This assessment is no better than the scare stories. The dollar will not continue to do fine, nearly every economic trend is stacked against it.
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'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 ?
this is a very interesting prediction for sure but I have been hearing this before too, and I am not such an expert to give any opinion on this matter but I have got a feeling that it is not gonna fall as they predict it.
as for bitcoin, although it is tempting to think people are going to look for an alternative but I don't think it will be that great an effect on bitcoin in case of a collapse.
I think dollar won't collapse anytime soon, but even it happened, there won't be any major effect for bitcoin at all.
People would think ways to save their asset or how to keep their business running instead buying lots of bitcoin.
I agree that it will not collapse soon, but I disagree with regard to the low effect on bitcoin, if that happen. People will look for other alternatives and bitcoin is the best right now.People would think ways to save their asset or how to keep their business running instead buying lots of bitcoin.
Yes, people will look for alternatives. But people will buy what they already know. And - compared to the general population, Bitcoin is only known by few people. So there will be some capital inflow into Bitcoin, but the main share will go into precious metals, land/real estate and stocks. I know for a Bitcoiner it's tempting to assume that people become easily aware of the unique properties and advantages of Bitcoin. However in practice, most people don't think a lot about the properties of money, other than that they want to own as much as possible...
So only few might realize that Bitcoin is a viable solution to currency devaluation.On the other hand even a moderate capital inflow into Bitcoin might have a considerable effect on Bitcoin valuation, since the market capitalization and liquidity at exchanges is still quite small. But if you measure Bitcoin valuation in fiat money, a devaluation of fiat money will logically result in a numerical increase in Bitcoin valuation while its buying power might not have changed at all. So it might make sense to determine Bitcoin's worth using a different benchmark (like precious metals).
ya.ya.yo!
The dollar has been one week away from collapse for somewhere around 40 years. It's still doing fine and will continue to do fine.
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