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Topic: If USD falls - page 10. (Read 12303 times)

member
Activity: 336
Merit: 12
May 13, 2018, 10:37:46 AM
If USD would fall then not only bitcoin would be affected but most worldwide currencies which do have strong ties or relation on USD.For sure economic activity would really be mainly affected if that scenario do happen but knowing usd it wont easily crash and yes it being considered most or one of the powerful currencies of the world and it hard to believe that it would crash so easily.
hero member
Activity: 756
Merit: 505
May 13, 2018, 10:29:13 AM
People will buy more bitcoins if the dollar falls. because bitcoin drops in cost and bitcoin becomes valuable. this is already the fear of many states in the world. BitCoin is valuable.
jr. member
Activity: 154
Merit: 1
May 13, 2018, 10:09:14 AM
A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own U.S. Treasurys. It also affects foreign exchange futures traders. Last but not least are individual investors.

When the crash occurs, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them.This will drive the value of the dollar down to near zero. It makes hyperinflation look like a day in the park.





I think bitcoin not look like the people want if not really bound on anything. if the United States dollars lost its value then I am pretty sure that people will start using different currency (gold). since gold there for a while I am pretty sure that the people in the IMF want to classify gold with something that they can get up also so that they will not feel so powerless when they make gold as payment options.
full member
Activity: 434
Merit: 168
May 13, 2018, 09:25:39 AM
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
in the current world USD is using to measure many things such as oil, gas, gold and many precious things. if USD will fall then businesses sector will face many difficulties. basically, the USA will be fall in crisis. but for the time being everything will be in haphazard but after sometimes it will regain or replaced by any other currency.
jr. member
Activity: 36
Merit: 1
May 13, 2018, 04:59:44 AM
People might move to other areas to make money then. Cryptos is better alternative
newbie
Activity: 182
Merit: 0
May 13, 2018, 04:41:49 AM
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
I think if USD fall, then other currencies will be affected. Since this currency is used universally. Otherwise the people will use the crypto currency or other currency aside from the US Dollar.
sr. member
Activity: 798
Merit: 251
April 21, 2018, 12:43:22 PM
If USD falls, it will mean that something new will become mainstream..I mean crypto, anyway only people with big bags of USD will cry, cuz if something is mainstream, it means a lot of people are using it, so I think blockchain will change the world and YES- USD will fall  Lips sealed
sr. member
Activity: 476
Merit: 250
April 21, 2018, 09:46:01 AM
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Why will yhe us dollar will fall they are a more stable price and they cannot fall. But they can losses value in some country like for example that country will rise theur economy maybe they surpass the value of the us dollars luke the pounds for example thy are much more expensive than us dollars but the us dollars are much more expensive than the pesos but i do mot think that the bitcoins will be affected if that happen because that is the countries problem mot the bitcoins problem it doesn't affect the demands of the bitcoins with that thing.
full member
Activity: 265
Merit: 100
April 21, 2018, 09:33:36 AM
USD has impact in many world currencies, if it's down fails other currencies will got affect of it. But i don't see it would affect in Bitcoin value as bitcoin was traded because volatile of supply and demand, so if conditions when USD falls and many people selling their fiat to buy BTC
newbie
Activity: 224
Merit: 0
April 19, 2018, 04:09:05 PM
People will look for investment methods as a necessity to save their money. and in my opinion bitcoin is the best way to do this and then change the whole economy.
newbie
Activity: 58
Merit: 0
April 19, 2018, 03:29:13 PM
Dont know about it not have a far vision anyway LOL
full member
Activity: 1050
Merit: 100
April 18, 2018, 12:32:23 PM
usd doesn't even need to go to 0 , if a big bank collapses it could cause a domino effect. if that happens then the price of crypto will surely go up.
The thing is when, I would not hope for that to happen because that would give negative effect to the economy.
I would like to see people are adopting in crypto because they believe in it and they sees the usefulness in their daily lives, not the other way around.


I don't believe on that thing making the United State Of America will collapse there economic stability which is impossible to happen in the history. Otherwise i be more happy of what are the benefits it gives by the cryptocurrency into people's lives.

if usd down indeed cryptocurrency price will rise. and this will definitely make other countries' currencies go up, so usd will give a domino effect on all life in the world. and if it goes down too deep I think usd can not be used as the basis of other currencies
full member
Activity: 798
Merit: 104
April 18, 2018, 09:28:57 AM
usd doesn't even need to go to 0 , if a big bank collapses it could cause a domino effect. if that happens then the price of crypto will surely go up.
The thing is when, I would not hope for that to happen because that would give negative effect to the economy.
I would like to see people are adopting in crypto because they believe in it and they sees the usefulness in their daily lives, not the other way around.


I don't believe on that thing making the United State Of America will collapse there economic stability which is impossible to happen in the history. Otherwise i be more happy of what are the benefits it gives by the cryptocurrency into people's lives.
full member
Activity: 258
Merit: 100
April 18, 2018, 09:05:30 AM
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?


Bitcoin is like the father of cryptocurrencies. As every fiat currency is priced with the base of Dollar, any change in dollar would surely affect the price of fiat currency. Similarly, all cryptocurrencies are first priced on the bases of Bitcoins.
newbie
Activity: 50
Merit: 0
April 18, 2018, 08:55:57 AM
Btc minig require huge raw cash and environmental costs which may hinder smooth mining with the fall of USD
newbie
Activity: 40
Merit: 0
April 18, 2018, 07:19:53 AM
Dont know about it not have a far vision anyway LOL
newbie
Activity: 70
Merit: 0
April 12, 2018, 08:47:10 AM
Btcs are calculated in the value of dollars only. There falling may impair the economic balance thereby causing btc draining
hero member
Activity: 1820
Merit: 537
April 10, 2018, 09:19:55 AM
usd doesn't even need to go to 0 , if a big bank collapses it could cause a domino effect. if that happens then the price of crypto will surely go up.
The thing is when, I would not hope for that to happen because that would give negative effect to the economy.
I would like to see people are adopting in crypto because they believe in it and they sees the usefulness in their daily lives, not the other way around.
Well it will be more than difficult for other to adapt bitcoins as of now and whatever happens to the economy we have nothing to do with that. The good thing is if it will crash the usd the people will migrate into cryptocurrency or bitcoins. Although there so much negative effects but they will have no other choice if that happens its better for them to be prepared.
If dollars fall of course amican economy is also  down and no doubt crypto currency will also down because
most of the investors will  be  affected, in this case there is an domino effects because American economy cover world wide.
I can't agree with you. Because the effect of usd fall down is only in the countries that use dollars bitcoin will not be so much affected with as as it is not following the dollars it has its own value that is more than a dollar. Although there will be a massive effect in most of american peoples they will urged to find another currency and what i am worried is the peoples who did not know bitcoins.
China, europe, russia and other near nations on it will stand on its own currency.
member
Activity: 588
Merit: 11
April 10, 2018, 07:57:07 AM
The basis of bitcoin value is in dollar. I think if dollar will fall what will be the value of bitcoin? In that case it seems it couldn't be tell for dollar is the powerful money in the world. Almost all the people in the universe have an idea about this money. Incase it will crash then I think bitcoin value wouldn't change if bitcoin is not in the condition of crash too. Whatsoever the value of bitcoin it is base to dollar.
sr. member
Activity: 1428
Merit: 251
April 10, 2018, 07:51:07 AM
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Sometimes when dollars falls on forex market not have correlation with cryptomarket. Maybe it happen because forex market have more than 6 trillion dollars per day and crypto market cap still around 250 billion dollars
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