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Topic: If USD falls - page 20. (Read 12303 times)

full member
Activity: 308
Merit: 100
July 06, 2017, 03:51:27 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?

yes USD falls bitcoin.because we are depend USD. So falls USD and another falls Bitcoin price.
hero member
Activity: 952
Merit: 500
July 05, 2017, 09:38:34 PM
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?
It would create only positive effect on bitcoin price.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.
full member
Activity: 406
Merit: 100
July 04, 2017, 10:30:58 PM
If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...
the dollar has already ceased to be the only currency and many may not see how it will disappear, it is easy cryptocurrencies will eventually replace.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
July 04, 2017, 02:18:04 PM
If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...
I think otherwise. The dollar is the reserve currency and almost all governments of the world have a strategic stock of cash dollars and shares in American companies and banks. If the dollar falls there will be inflation. The economies of all countries will lose their reserves.

When the and if crash occures anyone who holds dollar-denominated assets will sell them at any cost, 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. What is anything other then dollar? That can be bitcoin, or other fiat or crypto currencies.
Dollars are reserve currency, by that I think that China have most reserves in dollars, and then other countries, they will lose if dollar collapse. But I doubt that we will see dollar collapsing in near future.
sr. member
Activity: 434
Merit: 255
July 04, 2017, 01:50:30 PM
If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...
I think otherwise. The dollar is the reserve currency and almost all governments of the world have a strategic stock of cash dollars and shares in American companies and banks. If the dollar falls there will be inflation. The economies of all countries will lose their reserves.
hero member
Activity: 826
Merit: 529
July 04, 2017, 12:23:47 PM
If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...
sr. member
Activity: 1204
Merit: 288
July 04, 2017, 07:47:46 AM
It's funny that the world often says that the dollar will fall. But he does not fall. While other currencies are falling. Although if I choose between the dollar and bitcoin, I will choose the second.
member
Activity: 87
Merit: 10
July 04, 2017, 02:27:47 AM
I know your mean, but currently, BTC is most of denominated in USD, if USD devalue, no reference for BTC, so the BTC price will not be affected. 
sr. member
Activity: 812
Merit: 251
July 04, 2017, 01:52:16 AM
USD/EUR has dropped suddenly and BTC has dropped as much in euros, so that confirms the link between BTC and USD.
That's not reflected the price of bitcoin with dollar, as far as i know that the price of bitcoin is not depend in dollar. but the volatility will give the result about the final price of bitcoin itself to the dollar and not bitcoin to pegged with the dollar. You may be wrong.

Yes Bitcoin is independent of the US dollar but if hypothetically the US dollar is to fall then it means little satoshis of bitcoins will be worth more US dollars.

sr. member
Activity: 630
Merit: 250
July 04, 2017, 12:43:29 AM
The bigger the bubble the longer it takes to collapse, US Dollar bubble is over 100 years old, there is no saying how many years it will take for the dollar to collapse.
One is certain, it will happen in the future, this, or some kind of global war and inception of whole new currency which will emerge from the crisis.
Anyway, let me assure you - the worse standard economy based on fiat is doing the happier bitcoin holders will be.
When you say that the dollar is a huge bubble, I agree with you, but why are you not concerned about the fate of all crypto currency? They, too, can be soap bubbles. I think of such pyramids no one is immune.

No, the new bitcoin is a huge bubble, the dollar is a real coin, it is extremely powerful, so it is considered to be the world's common currency....
hero member
Activity: 2282
Merit: 505
July 03, 2017, 11:39:38 PM
USD/EUR has dropped suddenly and BTC has dropped as much in euros, so that confirms the link between BTC and USD.
That's not reflected the price of bitcoin with dollar, as far as i know that the price of bitcoin is not depend in dollar. but the volatility will give the result about the final price of bitcoin itself to the dollar and not bitcoin to pegged with the dollar. You may be wrong.
hero member
Activity: 1092
Merit: 501
July 03, 2017, 10:15:17 PM
Many who predict that bitcoin will not fall the next year
I can say that bitcoin price affect if usd falls. They are connected to each other, if usd falls many are really affected to it. I think bitcoin price will increase thoroughly as many people are investing nowadays in bitcoin.
They are connected in the same way everything is connected, but the truth of the matter is that when the economy is doing badly we can expect bitcoin to do better for the simple reason many are going to begin to adopt bitcoin in order to escape the sinking ship that fiat is, we have seen this already in a minor scale in counties like Argentina and Venezuela.
newbie
Activity: 4
Merit: 0
July 03, 2017, 08:38:54 PM
I see this complicated, even if dollar falls i don't think BTC would have a great impact, i see gold or others like a temporal currency.
MMA
legendary
Activity: 1134
Merit: 1000
July 03, 2017, 07:59:24 PM
I think if USD will fall to the ground, I'm pretty sure a lot will be affected especially the crytocurriencies and bitcoin too. But I don't think that's happening anytime soon, I mean that's a huge impact to a lot investments and big industries all over the world.

in fact anything can be possible, USD can fell to the ground, but we need talk about the reality, USD is one of the most popular, strongest and stable currency of the world that most of the countries are depending on USD for their entire business and economy. i do not think that it is so easy that bitcoin will fell down. because it has the support of so much strong countries, they will never let USD fell down, but if it happen it will not only effect the economic condition of USD but will also great effect to so many other countries economy and their business.
sr. member
Activity: 406
Merit: 255
July 03, 2017, 12:08:56 PM
The bigger the bubble the longer it takes to collapse, US Dollar bubble is over 100 years old, there is no saying how many years it will take for the dollar to collapse.
One is certain, it will happen in the future, this, or some kind of global war and inception of whole new currency which will emerge from the crisis.
Anyway, let me assure you - the worse standard economy based on fiat is doing the happier bitcoin holders will be.
When you say that the dollar is a huge bubble, I agree with you, but why are you not concerned about the fate of all crypto currency? They, too, can be soap bubbles. I think of such pyramids no one is immune.
LOL, I not think can say Dollar (one of currency important and have most user on the world's) is a huge bubble. If the currency we using everyday is bubble, will only gold is best choice can hold? I waiting you answer this question
Maybe the price of USD can fall down and EUR or GBP replace after that. Bitcoin and crypto just digital cash and help make payment online fasting, can't become to currency as USD!
Why do you think so? The world has thousands, maybe millions of miners. All their power doing the calculations. It's a job, and the equipment has a huge market capitalization. Each bitcoin has a bigger market capitalization than a dollar, and this means it can replace it someday.
full member
Activity: 406
Merit: 100
July 03, 2017, 10:49:34 AM
The bigger the bubble the longer it takes to collapse, US Dollar bubble is over 100 years old, there is no saying how many years it will take for the dollar to collapse.
One is certain, it will happen in the future, this, or some kind of global war and inception of whole new currency which will emerge from the crisis.
Anyway, let me assure you - the worse standard economy based on fiat is doing the happier bitcoin holders will be.
When you say that the dollar is a huge bubble, I agree with you, but why are you not concerned about the fate of all crypto currency? They, too, can be soap bubbles. I think of such pyramids no one is immune.
LOL, I not think can say Dollar (one of currency important and have most user on the world's) is a huge bubble. If the currency we using everyday is bubble, will only gold is best choice can hold? I waiting you answer this question
Maybe the price of USD can fall down and EUR or GBP replace after that. Bitcoin and crypto just digital cash and help make payment online fasting, can't become to currency as USD!
legendary
Activity: 3486
Merit: 1280
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July 03, 2017, 10:38:04 AM
The bigger the bubble the longer it takes to collapse, US Dollar bubble is over 100 years old, there is no saying how many years it will take for the dollar to collapse.
One is certain, it will happen in the future, this, or some kind of global war and inception of whole new currency which will emerge from the crisis.
Anyway, let me assure you - the worse standard economy based on fiat is doing the happier bitcoin holders will be.

I doubt that money can be in a bubble

Basically, that would mean that today's prices don't match (or rather severely mismatch) the amount of money in circulation. Technically, this is only possible when the government, all of a sudden, prints an insane amount of money overnight and dumps all of it into the economy. That could be loosely construed as an instant currency bubble (but it will be very short-lived, anyway). Personally, though, I don't know about such events (this doesn't mean that they are completely impossible, of course). Other than that, if prices closely follow the monetary supply (which is certainly the case with the US dollar as well as other major currencies), there cannot be a currency bubble
hero member
Activity: 2898
Merit: 639
July 02, 2017, 04:44:39 PM
If US dollar fall all areas of america will be affected and also all countries.But if bitcoin will be the current maybe the economy of all countries will rise up,becuase this will become powerful cause of BTC price increase.
It will not cause all the countries. Neither will it just cause US. Now a days many countries against USD to fall. But USD mentioned the stability of its currency very valuable. Hence we can say that if Bitcoin came to the world as a legal it will not cause another currencies it will boost other currencies in the market.
newbie
Activity: 70
Merit: 0
July 02, 2017, 02:07:51 PM
If (when) usd falls.

People will look for things to invest their money in to prevent their wealth from losing value as the dollar falls.

Many will buy gold, silver, jewels. Some will buy color tv's, electronics since they're not bad at holding value.

Others will buy bitcoin. It could increase demand for crypto which in turn would case the value and price of bitcoin to increase.

That is a very good run-down of projected events. Logical, factual and by and large true.

It holds true for the Rupee as well, but in the case of the Rupee it wouldn't mean nearly as much
legendary
Activity: 2912
Merit: 1068
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July 02, 2017, 02:04:06 PM
Currently the US dollar is droping down and Euro is rising up but personaly I don't think dollar will experience final collapse. This is all matter of politics and politics  just wouldn't allow this to happen. Similar like US will never have to pay back their debts, some rules are just not applying the same way on all countries.
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