If USD falls it may impact BTC also because we have most of the investors from US.
but i do not think that it will have any impact on bitcoin, because bitcoin has a very separate system and do not have any concern with USD, Bitcoin is a universal crypto currency, while USD s fiat and decentralize currency. 
Topic: If USD falls - page 24. (Read 12303 times)
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?
The value of dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately
I do not live in the US, but in my country the dollar is very popular. Many people convert their national currency into a dollar to avoid inflation. For them, the dollar is the standard of stability. That's why I'm sure that the dollar is not threatened with falling
If USD falls it may impact BTC also because we have most of the investors from US.
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?
There is a difference between fall and fail, the dollar is losing ground every single year, other countries no longer consider the Us dollar as the best currency to have their reserves on, and now they are storing other currencies as a reserve currency, the problem is those other currencies are not solid either, the euro is going to disappear at some point, and any other currencies are not really a better option.That is not true.
Actually the weight of the $ as a reserve currency has increased slightly since 2009.
And far too many people are singing the swan song for the euro.
There are thousands of predictions the euro and the euro would die in 2009 2010 2011 and it's 2017 and the economic growth in the EU is still strong and defies all the prophets.
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?
The value of dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately
I do not live in the US, but in my country the dollar is very popular. Many people convert their national currency into a dollar to avoid inflation. For them, the dollar is the standard of stability. That's why I'm sure that the dollar is not threatened with falling
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?
The value of dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately
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?
If USD falls bitcoin will increase it value that the effect. But in third world country the value of bitcoin become scrubby if USD fall. The bad thing of USD falling is the economy have an effect in different country trading USD.
There's generally two ways to look at the relationship between USD and btc. The first is that bitcoin has intrinsic value indpendent of USD, so if the USD falls, btc (while indpendently stable) will "appreciate" in value relative to the USD. An offshoot of this is that the failing dollar would send people piling into btc, which would push the price up. The opposite of this view is that it's excessive wealth created by the stable value of the USD that creates the wealth necessary to allow people to speculate on bitcoin, and if the world's most stable currency failed, people would flee the riskiest assets in a massive flight to safety, which would tank the bitcoin price.
Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.
Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.
However owners of Bitcoins include non traditional "investors". For example the mass of Chinese people owning Bitcoins don't really have the option to go back to anything safer.
USD falling won't have affect on bitcoin because the working of both are really different. Bitcoin is decentralised which means price is controlled by the people. While for usd is totally controlled by the government and falling of the currency wouldn't affect the government at all but only the people as things will get more expensive.
That is right there is not legit connection between bitcoin and dollar and we should not be afraid if USD falls because there is nothing that can do with bitcoin and the only thing that can happen in bitcoin is to make its price go up and that is why a lot of people now are keep buying bitcoin and holding until the price already reaches their satisfaction. 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?
There is a difference between fall and fail, the dollar is losing ground every single year, other countries no longer consider the Us dollar as the best currency to have their reserves on, and now they are storing other currencies as a reserve currency, the problem is those other currencies are not solid either, the euro is going to disappear at some point, and any other currencies are not really a better option.
USD falling won't have affect on bitcoin because the working of both are really different. Bitcoin is decentralised which means price is controlled by the people. While for usd is totally controlled by the government and falling of the currency wouldn't affect the government at all but only the people as things will get more expensive.
If USD will fall for sure btc's price will be affected too. We witnessed the total market collapse from the past week and every crypto is affected, that made the whole market on a bloody phase. USD plays a big role to the market so I'm pretty sure if it will do something wrong it will give a domino effect for bitcoin and others.
At first I would like to say that, there is 0.5% chance to fall of USD severely, if USD is going to fall then it should be considered that the world economy will also go to down, Because most of the international business or trade doing through by USD measurement. So it will last long...
There is no possibility for the USD to fall. Nearly every currency in the world uses the USD as it's exchange reserve, which means everyone is holding an immense amount of USD, therefore buyers/holders will always outnumber sellers. If no one sells USD it's price won't fall aside from the usual volatility thus making it invincible 
https://en.wikipedia.org/wiki/Reserve_currency
https://en.wikipedia.org/wiki/Reserve_currency
There's generally two ways to look at the relationship between USD and btc. The first is that bitcoin has intrinsic value indpendent of USD, so if the USD falls, btc (while indpendently stable) will "appreciate" in value relative to the USD. An offshoot of this is that the failing dollar would send people piling into btc, which would push the price up. The opposite of this view is that it's excessive wealth created by the stable value of the USD that creates the wealth necessary to allow people to speculate on bitcoin, and if the world's most stable currency failed, people would flee the riskiest assets in a massive flight to safety, which would tank the bitcoin price.
Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.
Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.
You forget a few important things in your speech
More specifically, that Bitcoin is not valued just in the US dollars. It could indeed be priced mostly in dollars but the dollar just happens to be there, happens to be a universal yardstick. But if people start, for example, weighing gold in grams instead of ounces, gold won't lose value just because of that. That basically means that people which buy and sell bitcoins don't care much if Bitcoin price is denominated in dollars. They have their own currencies which are more important to them (including those you enumerated), and the dollar as such is pretty insignificant to these folks. So if there are more people involved in Bitcoin which are using these other currencies for their everyday activities, the failure of the dollar would mean nothing to them, nothing negative. To them, Bitcoin will be a separate currency in no way linked to the US dollar or the US economy unlike the stocks of the American companies. This is where you make a mistake by implicitly linking Bitcoin to Murika
In short, Bitcoin is not some overpriced American stock
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?
The value of dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately
affect bitcoin value in our local fiat as we needed to exchange it using the value of usd but time will come and surely bitcoin
will have its own identity in the main stream currency world.
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?
The value of dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately
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?
Already,USD is in its final stage as global reserve currency.More people are interested to hold bitcoins instead of USD.In such a situation,if USD falls,certainly it will make bitcoin price rise higher.More investors would start buying bitcoins.It would have a direct positive impact on bitcoin price. Pulling numbers out of your you know what?
Let's count the deposits in usd as a foreign currency in some countries.
Just in mine (and we use the euro here) we have more than 17% of the entire btc market cap in bank deposits in usd.
And god have mercy on our souls, cats and porn magazines if the dollar will take a sudden plunge.
Forget about bitcoins, what we have experienced in 2007 would be a massage compared to this.
There's generally two ways to look at the relationship between USD and btc. The first is that bitcoin has intrinsic value indpendent of USD, so if the USD falls, btc (while indpendently stable) will "appreciate" in value relative to the USD. An offshoot of this is that the failing dollar would send people piling into btc, which would push the price up. The opposite of this view is that it's excessive wealth created by the stable value of the USD that creates the wealth necessary to allow people to speculate on bitcoin, and if the world's most stable currency failed, people would flee the riskiest assets in a massive flight to safety, which would tank the bitcoin price.
Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.
Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.
The question is whether Bitcoin is seen as a truly speculative asset or is it seen as an alternative to gold. If people feel that it could become an alternative to gold, then those fleeing USD in search of safety might be tempted to buy bitcoins.
Guys, as if I did not want to talk about the greatness of Bitcoin, I can still admit that the dollar is closer to me. Of course thanks to Bitcoin I earn a dollar And at the expense of this I live. Crypto currency, this is the only income for me, but in everyday life, I need dollars.
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