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Topic: If USD falls (Read 12303 times)

newbie
Activity: 25
Merit: 0
September 21, 2018, 02:41:42 AM
If the dollar continues to depreciate, commodity prices will continue to rise, as crude oil is priced in dollars and investors will pour money into commodities to ward off inflation losses. These dynamics can make the dollar free fall. In this case, the US economy will be stuck in the trap of recession and inflation. could cause a catastrophe in the US financial system, then spread into a global financial shock.

I am agree with your opinion. If dollar fall the value, most investor will looking on Gold or others commodities. Bitcoin right now like commodities and i am believe it give big effect to bitcoin price.
I think people can leave bitcoin and chose other other investing things like stock, Gold or silver.Also decreasing the USD can effect worlds currencies too. More the price decrease more the profit we lose.
newbie
Activity: 66
Merit: 0
September 20, 2018, 05:53:29 AM
i think if USD fall, it will make price of bitcoin increase. but Bitcoin does not seem like the thing that people will want. maybe at that moment, Many people will buy gold, silver, jewels. that's what i think it will happen if USD fall.
Falling the USD and increase the bitcoin price and its value even it bitcoin's demand decrease but falling the USD can manage its price.We should expect decreasing of USD which can help us to earn more profit.
hero member
Activity: 1204
Merit: 500
September 20, 2018, 04:18:45 AM
I think it only has a very small effect because fiat and cryptocurrencies have different sides on all things, so both have their own fluctuations
well, sometimes crypto is measured by dollars if it's based on fiat. there is a high probability that it only has an effect when you exchange dollars for fiat currency for your country. well, you can say the effect is not so big.
member
Activity: 636
Merit: 11
September 20, 2018, 04:02:55 AM
If USD falls (the global currency today) i think the market will fall faster than anything. Maybe the british pound or euro will take it's place as a global currency but ultimately the American economy will fall. With this crypto currency, that is very prolific today, will take it's place like in Venezuela and will keep on making BTC stronger and more stable.
no i dont think so about it.i have different opinion about this condition.maybe money from forex market or stock market will moved to cryptocurrency market that provide good opportunity.moreover this price now cheap enough.
jr. member
Activity: 94
Merit: 2
September 20, 2018, 03:54:02 AM
If the dollar continues to depreciate, commodity prices will continue to rise, as crude oil is priced in dollars and investors will pour money into commodities to ward off inflation losses. These dynamics can make the dollar free fall. In this case, the US economy will be stuck in the trap of recession and inflation. could cause a catastrophe in the US financial system, then spread into a global financial shock.

I am agree with your opinion. If dollar fall the value, most investor will looking on Gold or others commodities. Bitcoin right now like commodities and i am believe it give big effect to bitcoin price.
It can effect the bitcoin price which can decrease its price even the bitcoin has more demand than other but still the price of bitcoin will decrease with USD.
full member
Activity: 280
Merit: 100
September 20, 2018, 03:33:38 AM
I think it only has a very small effect because fiat and cryptocurrencies have different sides on all things, so both have their own fluctuations
newbie
Activity: 82
Merit: 0
September 20, 2018, 03:12:57 AM
We were already seeing many investors selling their USDs and buying bitcoins.In such a situation,if USD price falls,then it would only make more investors to buy bitcoins and it would inturn increase bitcoin price.
Decreasing is the nature of fiat and currencies even bitcoin goes down to and there value.In my country the price of USD is increase and all the stuff are now expensive.But if the USD fall down it will impact on bitcoin price and economy too.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
September 18, 2018, 07:45:53 PM
If USD falls (the global currency today) i think the market will fall faster than anything. Maybe the british pound or euro will take it's place as a global currency but ultimately the American economy will fall. With this crypto currency, that is very prolific today, will take it's place like in Venezuela and will keep on making BTC stronger and more stable.
jr. member
Activity: 87
Merit: 1
September 18, 2018, 04:59:38 PM
Yes, it would cause panic if USD falls and I would say bitcoin will take its own way as an alternative. It is extremely important that the average citizen understand our present system of debt-based currency issuance, which most people, unfortunately, do NOT understand, although it amounts to nothing more than a simple extortion racket clothed in a lot of financial concerns.
member
Activity: 196
Merit: 10
September 18, 2018, 03:21:42 PM
A weaker dollar buys less in foreign goods. This increases the price of imports, contributing to inflation.
copper member
Activity: 648
Merit: 159
September 18, 2018, 03:06:14 PM
I think if USD fall have no effect for crypto world. It just effected on comodities and forex markets. Gold is safe haven for investor if USD fall, many big investor moving to gold.
full member
Activity: 756
Merit: 100
September 18, 2018, 11:47:37 AM
If the dollar continues to depreciate, commodity prices will continue to rise, as crude oil is priced in dollars and investors will pour money into commodities to ward off inflation losses. These dynamics can make the dollar free fall. In this case, the US economy will be stuck in the trap of recession and inflation. could cause a catastrophe in the US financial system, then spread into a global financial shock.

I am agree with your opinion. If dollar fall the value, most investor will looking on Gold or others commodities. Bitcoin right now like commodities and i am believe it give big effect to bitcoin price.

If the dollar falls, the largest investors will show their keen interest in the blockchain technologies. Bitcoin will be in the great demand but it will not change a LOT in price.
newbie
Activity: 73
Merit: 0
September 17, 2018, 08:26:41 AM
If a currency like USD fails then there would be an opening for another currency to come in and fill in the gap that was left by USD failing and I couldn't think of a better currency to take that position than bitcoin.

it will not be that easy, there will be many other fiat who will offer themselves to be the successor of the USD, crypto regulations that are difficult to do will only make it an alternative currency, but cannot bind and be adapted in its entirety. there are two different businesses and in this case they will continue to prioritize fiat.
newbie
Activity: 24
Merit: 0
September 17, 2018, 08:05:40 AM
 If the US dollar were to collapse the repercussions would be felt around the world for quite a while. It’s all a closed system.
legendary
Activity: 1066
Merit: 1050
Khazad ai-menu!
September 17, 2018, 08:02:39 AM
Dollar falling will wreck everyone and would devastate crypto. Don't wish for it.


No, the dollar NOT falling wrecks everyone and devastates the environment and society.  The sooner privately issued shitcoins fall out of use the better for EVERYONE. 
member
Activity: 392
Merit: 10
September 17, 2018, 07:54:50 AM
The possibility of depreciation in any legal currency!
The depreciation and appreciation of legal tenders have limited impact on cryptocurrencies.
The cryptocurrency and fiat currency are two different concepts, and people invest in cryptocurrencies through legal tenders!
newbie
Activity: 24
Merit: 0
September 17, 2018, 07:44:18 AM
Dollar falling will wreck everyone and would devastate crypto. Don't wish for it.
newbie
Activity: 14
Merit: 0
September 17, 2018, 07:29:31 AM
If a currency like USD fails then there would be an opening for another currency to come in and fill in the gap that was left by USD failing and I couldn't think of a better currency to take that position than bitcoin.
newbie
Activity: 22
Merit: 1
September 17, 2018, 07:07:51 AM
The Dollar falling benefits everyone, except the US. Its impact on crypto would be marginal at best, unless it outright collapses or enters hyperinflation, in which case people may jump to crypto, but not in mass-adoption style as it's just not mainstream enough yet.
newbie
Activity: 26
Merit: 0
September 17, 2018, 06:39:59 AM
With regard to Crypto, if the dollar falls it means US citizens will get less crypto for their money, so they may decide to keep what they have, knowing it is worth more today than it was yesterday, or they try to keep all of their transactions off-dollar as much as possible. The same would apply internationally, the rest of the world can see that they can get more dollars for their money today than they could yesterday, so US export trade would increase while the value of the dollar lowers.
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