Topic: If the US dollar crashed, would it affect bitcoin in any way? (Read 6712 times)
I can tell you one thing that is really but really important and that is the us dollar cant crash anytime because everyone is using dollars in the world bitcoins can crash dollars cant.
September 05, 2016, 08:25:38 AM
You can have partial answer for Op's question. Yuan was recently evaluated and this as a result caused BTC price to instantly reach $600.
We know that planned davaluaton is not exactly a crash but you can see what is happening when currency is losing its value - bitcoin is gaining.
We know that planned davaluaton is not exactly a crash but you can see what is happening when currency is losing its value - bitcoin is gaining.
September 05, 2016, 07:14:25 AM
Never say never 
And with Bitcoin - there is not a single person to kill
And with Bitcoin - there is not a single person to kill 
September 05, 2016, 04:31:07 AM
Of course it would have an effect on Bitcoin.
But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
It would effect Bitcoin somehow because many people sell there Bitcoin for US Dollar, but also know that it is not going to happen. But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
The US Dollar is never going to crash because they will always have a solution.
Of course it would have an effect on Bitcoin.
But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
And then there's that, it's not going to happen. But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
Of course it would have an effect on Bitcoin.
But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.
I don't believe that myself. There would be a small hard core of believers who'd carry on buying. Everyone else would examine their beliefs, panic like fuck and pour into gold or just sit there and be eaten by devaluation.
Bitcoin's a generation or two away from being a genuine safe haven, if that ever happens at all. For most people this is an extreme bet and it would be the first thing they'd abandon if the shit truly hit the fan.
If the dollar collapses the last thing anyone will give a fuck about is bitcoin. It will be food, ammo and fuel - prepare to protect what you have, take from others, or die. Ffs let's end this ridiculous notion that bitcoin value will moon in the face of US economy collapse.
The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.
I don't believe that myself. There would be a small hard core of believers who'd carry on buying. Everyone else would examine their beliefs, panic like fuck and pour into gold or just sit there and be eaten by devaluation.
Bitcoin's a generation or two away from being a genuine safe haven, if that ever happens at all. For most people this is an extreme bet and it would be the first thing they'd abandon if the shit truly hit the fan.
If ever there was a time for the dollar to crash it was between 2007-2009, and it didn't even come close.
Most likely Bitcoin's value would increase compared to the Dollar, GBP, EURO and other fiat currencies. It would be seen as being more stable and the value increase would entice others to get some. I doubt it'll fall as it is not fully reliant on the US economy to keep it going.
The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.
I think so. That is the reason why I have bought the bitcoin in the last few years and keep them for the long term.
Most likely Bitcoin's value would increase compared to the Dollar, GBP, EURO and other fiat currencies. It would be seen as being more stable and the value increase would entice others to get some. I doubt it'll fall as it is not fully reliant on the US economy to keep it going.
The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.
Most likely Bitcoin's value would increase compared to the Dollar, GBP, EURO and other fiat currencies. It would be seen as being more stable and the value increase would entice others to get some. I doubt it'll fall as it is not fully reliant on the US economy to keep it going.
If the USD crashes I would expect 10k BTC in no time. Now a lot of people is aware of Bitcoin and they would too see the potential. Once everyone starts dropping money on BTC the price will skyrocket due the tiny marketcap.
It could probably be higher than $10k USD to be honest, I wouldn't be surprised if we hit something more along the lines of $20k or higher, depending on how many people look to Bitcoin as a safe haven for their assets.Most of the buy orders that could be filled would be filled nearly immediately after the USD goes down 5 cents v. every other currency, and then people would just start dumping whatever USD thy could into Bitcoin (if they opt to do so) and fill basically every sell order, until the sell orders start to dry up and the buy orders skyrocket.
If the USD crashes I would expect 10k BTC in no time. Now a lot of people is aware of Bitcoin and they would too see the potential. Once everyone starts dropping money on BTC the price will skyrocket due the tiny marketcap.
If the US dollar clapses, the bitcoin will replace it as the world reserve currency. So the price will rise a lot.
The price will bitcoin will rise exponentially when the US dollar crashes. It will replace many fiats in the world.
That is right. But it seems that we need to worry about the short term bitcoin now. One exchange was hacked.
The bitcoin price has already recovered from $450 to $550. So the market confidence has recovered as well.
If the US dollar clapses, the bitcoin will replace it as the world reserve currency. So the price will rise a lot.
The price will bitcoin will rise exponentially when the US dollar crashes. It will replace many fiats in the world.
That is right. But it seems that we need to worry about the short term bitcoin now. One exchange was hacked.
If the US dollar clapses, the bitcoin will replace it as the world reserve currency. So the price will rise a lot.
The price will bitcoin will rise exponentially when the US dollar crashes. It will replace many fiats in the world.
I think bitcoin will rise in value, I can't say this for sure because I'm not an expert in economics.
I can only guess at this point, I think the value will increase because the dollar would be worth less if the dollar would crash.
I do think that it will effect Bitcoin somehow because I know that most people sell their Bitcoin for the US Dollar. I can only guess at this point, I think the value will increase because the dollar would be worth less if the dollar would crash.
If the Dollar crashes then there has to come a replacement for it but i do not know which currency would be best.
If the US dollar clapses, the bitcoin will replace it as the world reserve currency. So the price will rise a lot.
Yeah it would have some effect on Bitcoin because most people sell there coins for the US Dollar so I am sure that because of that it is going to effect Bitcoin somehow.
Now people will have to find a other currency to trade in there coins for.
Yeah I agree just like you sad many people trade in their Bitcoin for the US Dollar so you can say that it is pretty important for Bitcoin. Now people will have to find a other currency to trade in there coins for.
It is somehow going to effect Bitcoin but how it will effect it is what I do not know.
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