Dollar vs Euro affect on Bitcoin price

fewcoins

full member

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Quote from: rogerdonkey on December 08, 2014, 11:35:42 PM

Quote from: Dunkelheit667 on December 08, 2014, 09:01:38 PM

What will happen with the €/USD? It's just a curency 'war', we'll see who's printing money faster than the other and how ratings will influence the whole 'war'. My guess would be the € will bounce back at 1.20 for some reason as he always did.

Will this have an effect on the BTC-price? Nope. The fiat 'price' (or better ratio) is always the same, USD, €, CNY etc. - it does not matter. Guess there are some arbitrage-bots running. Cheesy

so what make effect on the price btc down??

Nothing else but bitcoin and the community...

rogerdonkey

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Quote from: Dunkelheit667 on December 08, 2014, 09:01:38 PM

What will happen with the €/USD? It's just a curency 'war', we'll see who's printing money faster than the other and how ratings will influence the whole 'war'. My guess would be the € will bounce back at 1.20 for some reason as he always did.

Will this have an effect on the BTC-price? Nope. The fiat 'price' (or better ratio) is always the same, USD, €, CNY etc. - it does not matter. Guess there are some arbitrage-bots running. Cheesy

so what make effect on the price btc down??

Dunkelheit667

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no degradation

What will happen with the €/USD? It's just a curency 'war', we'll see who's printing money faster than the other and how ratings will influence the whole 'war'. My guess would be the € will bounce back at 1.20 for some reason as he always did.

Will this have an effect on the BTC-price? Nope. The fiat 'price' (or better ratio) is always the same, USD, €, CNY etc. - it does not matter. Guess there are some arbitrage-bots running. Cheesy

rexs

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Of course have effect for bitcoin price. If many people sell bitcoin that make bitcoin price down. Maybe because im still new on trading

Elwar

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Viva Ut Vivas

It looks like the Euro has taken quite the fall over the past week as part of a downward trend that has been going on for about 7 months (price was $1.25 per euro last week, now down to $1.22) In May it was $1.39.

The bitcoin price is reflecting the difference with the euro price being around 300 EUR/BTC and the dollar price around 368 USD/BTC.

What do you believe will happen with the Euro/Dollar and what affect do you believe that will have on the bitcoin price?

Topic: Dollar vs Euro affect on Bitcoin price (Read 887 times)