Topic: If the US dollar crashed, would it affect bitcoin in any way? - page 3. (Read 6712 times)
When the dollar crashes, the assets value against dollar will rise. The bitcoin price will also rise. It depends on the value of the dollar.
If the US dollar is crashed, it means the fiat system in the world is in big trouble as US dollar is the reserve currency. So it is good for bitcoin.
I think economic distress, especially when associated with a lack of confidence in government fiscal or monetary policy, has a tendency to benefit Bitcoin.
Now if the dollar itself crashes in exchange value, which is different from an economic collapse, then of course Bitcoin is likely to rise relative to the dollar all other things unchanged.
Now if the dollar itself crashes in exchange value, which is different from an economic collapse, then of course Bitcoin is likely to rise relative to the dollar all other things unchanged.
In case of a dollar crash, it is undoubted that people would look for another option to protect their capital, and some commodities and metals would become the first option to be taken into account for most desperate persons, but only smart investors would turn to altcoins and their interest perhaps could be enough to increase the value of bitcoin.
Most investors would dive towards gold and silver, driving their value up, but there are some people who might look towards Bitcoin as a haven for their assets, simply because they're value won't rise as rapidly as precious metals and they could buy more for a cheaper value (at least initially). It would be good for everyone to diversify their investments, but if necessary people will dump their money into whatever they see others find value in. 
In case of a dollar crash, it is undoubted that people would look for another option to protect their capital, and some commodities and metals would become the first option to be taken into account for most desperate persons, but only smart investors would turn to altcoins and their interest perhaps could be enough to increase the value of bitcoin.
I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.
In longer term, the value of US dollar will decrease due to the increase of monetary supply faster than the GDP.
Take in effect that the debt ceiling is also making the us dollar look weak. Printing money etc. is a direct enemy of the us monetary system.
In a few years it will collapse like many guru's have predicted.
This gives other currencies like bitcoin a perfect chance to be in the spotlight.
I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.
In longer term, the value of US dollar will decrease due to the increase of monetary supply faster than the GDP.
I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.
The price of bitcoin is in inverse relationship with the fiat or th eUS dollar. So when the dollar crashes, the bitcoin price will rise.
Yes surely the crashing of dollar will make some impact on the bitcoin price as well growth. The price impacts will affect only the users who use bitcoin by exchanged fiat.
I think the bitcoin will rise a lot in dollar terms.
February 29, 2016, 03:35:40 PM
If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.
In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.
unlikely to happen, those are strong fiat currency, at best you can hope for weak fiat currency to collapse and be overpowered by bitcoin
also bitcoin can be used more without the need of strong fiat to collapse
atleast some of us get the difference between a stronger fiat currency lol.
I wont live around to see the US dollar fail if the dollar has been going failing since forever, so its safe to say ill be using my bitcoin before I die then hoping to beat us dollars lol.
February 29, 2016, 03:16:23 PM
If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.
In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.
unlikely to happen, those are strong fiat currency, at best you can hope for weak fiat currency to collapse and be overpowered by bitcoin
also bitcoin can be used more without the need of strong fiat to collapse
February 29, 2016, 02:51:13 PM
If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.
In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.
February 26, 2016, 05:29:44 AM
If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.
February 07, 2016, 08:58:30 AM
Really there will be a big crash for bitcoin too if the dollar crashes. Such incident won't take place that easy. US dollar has a great connection with the world economy, so when world market gets disturbed surely we can see impacts on bitcoin
February 07, 2016, 08:51:19 AM
The dollar crashing would create chaos in a global scale.
Don't bother about bitcoin when it happends. bother about your life, because it would impact your life big time.
Don't bother about bitcoin when it happends. bother about your life, because it would impact your life big time.
February 07, 2016, 01:47:18 AM
I don't think it will affect bitcoins in any major way because bitcoin is like gold and the price might increase when a crash happens.
You cannot take away a big part of the market valuation and expect it not to crash at least for a short term, there would be no chance of an increase until China was fearful that they was next and put all there money in btc. The most likely event would be the real gold would rocket with the smart money being invested. Lets hope the dollar stays around for awhile longer which ihave no doubt it will.
February 07, 2016, 01:41:56 AM
it will crash alongside it. they go hand in hand.
February 07, 2016, 01:06:47 AM
I don't think it will affect bitcoins in any major way because bitcoin is like gold and the price might increase when a crash happens.
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