Topic: If USD falls - page 5. (Read 12303 times)
Because of the dollar as a common currency. It's like the English language, so if USD falls, then another copper will replace it. But if the dollar collapses, it is a big influence for the BTC, because USD is a measure of value for the BTC
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?
Well last failed currency would be Germany and Japan after WWII .
I won’t count South Vietnam or a few other smaller countries.
So if USD fails it would be most like due to a terrible event. War or comet strike.
I don’t see a fail in the currency but if it does happen a new major fiat would be needed maybe btc would whale
If the price of the dollar falls to the price of the bitcoin, the price of the bitcoin will also fall in the dollar. If the dollar drops, I think investors will prefer to buy bitcoin and buy. bitcoin will be increased
it looks like this will affect bitcoin because the average bitcoin is exchanged with dollars, so if the price of the dollar goes down and what will happen is the bitcoin price falls slightly if it is exchanged with local money
Actually it will not affect bitcoin, but it seems bitcoin becomes more expensive than dollar, we only use dollar as forex rate, if we change to other currency it will also not affect bitcoin.
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 believe that bitcoin does not depend on the price of the dollar. In other words, the dollar cannot affect bitcoin. We certainly trade in this currency pair and understand that everyone is guided by the dollar as an international asset. However, this is only an indirect understanding of this dependence.
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 believe that bitcoin does not depend on the price of the dollar. In other words, the dollar cannot affect bitcoin. We certainly trade in this currency pair and understand that everyone is guided by the dollar as an international asset. However, this is only an indirect understanding of this dependence.
if we would experience such a fall in Dollar than the liquidity in market in my opinion would be very low as the prices would struggle to rise and the downtrend would be excessive
high possibility that USD will fall to the ground in the following five years and the bitcoin will also go through a hard time in the future.
What is your reason to believe that the USD will fall in the next 5 years? The influence of USD on the world economy is too large to just fall to the ground. There would have to be some powerful economic disaster or another that would happen. Such a situation could have positive consequences for bitcoin by increasing people's confidence in the cryptocurrency.
I think USD and bitcoin have a relationship. So if the USD has a problem then the bitcoin will also show signs of change
I agree with you. USD and BTC have a relationship
I think USD and bitcoin have a relationship. So if the USD has a problem then the bitcoin will also show signs of change
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.
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.
Just like what has happened in Russia time and time again as their currency gets crushed by economic wars. When people see the value in their hands slipping away like sand, they run to turn it into something more solid. And a lot of people don't see bitcoin as solid right now, unfortunately.
However, it is being used more often as a protection against devaluation, like mentioned above in India, China, and other Asian countries. I'm not sure how the world would look at it if the USD loses value and reputation as a safe alternative to spiraling local currencies. They'll probably take it when the local shops run out of gold.
USD and bitcoin are very much related, as we already know the value of the current bitcoin is primarily measured in dollars and other major currencies. If the dollar devaluation Bitcoin will be greatly affected
high possibility that USD will fall to the ground in the following five years and the bitcoin will also go through a hard time in the future.
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 Bitcoin will not change if USD falls to the ground. It is like right now. 1 Bitcoin is worth 2000 USD, but worth 2700 AUD. Bitcoin will just be worth more USD when USD falls.
I think if the dollar falls, it will affect so much of every currency in the world. Therefore, it is very difficult to fall and its value is extremely stable. In addition, it represents one of the most advanced and powerful countries in the world, so it is supported and a solid foundation.
I agree with your point of view. Usd is a popular currency for the whole world. Certainly it is very stable in all areas. And it is very popular in advanced countries and other countries as well. Therefore, usd will be stable and unchanged, anyway.It sometimes become volatile. This kind of scenario can be changed. After a long period of time, there will be possibilities that USD will certainly go down. We know how this country control their economic growth, but still, economic inflation affects it own country
I think if the dollar falls, it will affect so much of every currency in the world. Therefore, it is very difficult to fall and its value is extremely stable. In addition, it represents one of the most advanced and powerful countries in the world, so it is supported and a solid foundation.
I agree with your point of view. Usd is a popular currency for the whole world. Certainly it is very stable in all areas. And it is very popular in advanced countries and other countries as well. Therefore, usd will be stable and unchanged, anyway. 
Even if bitcoin becomes a world currency, even if all people in the world will use it and even if the price of bitcoin will be above $100,000 - bitcoin still will never be able to drop the dollar, because for a very long time the dollar is the most powerful currency in the world of the most powerful country in the World - America, I simply can not imagine that the dollar will fall due to bitcoin.
Good point of view. They are like two gig ants in the world. Bitcoin in the crypt world and dollar in real life. USD will never fall as a Bitcoin. It has very good repute.
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 my own opinion, if dollar falls then the price of bitcoins will only keep on increasing, but it will not affect the growth of cryptocurrency because people can still invest even a small amount what matters is the demand in the market.
Well if usd falls then i can only think bad effect to many currency all over the world. Since USD is international currency and used for a lot of things, it may effect to an unstability in the economy.
I'm not really sure about what it will impact to crypto currency especially bitcoin, but it may effect positively actually. Like when usd falls, it's not really valuable right? Then people will tend to exchange their usd to something else more valuable, they might choose to buy bitcoin, and make the demand higher and bitcoin price increase. Just assumption though, not really know if the same thing will happen.
I'm not really sure about what it will impact to crypto currency especially bitcoin, but it may effect positively actually. Like when usd falls, it's not really valuable right? Then people will tend to exchange their usd to something else more valuable, they might choose to buy bitcoin, and make the demand higher and bitcoin price increase. Just assumption though, not really know if the same thing will happen.
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