If USD falls - page 7. | Bitcointalksearch.org

normanderecho

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Quote from: galinskiydmitriy on June 29, 2018, 06:31:55 PM

If the dollar falls or something happens to it, it will certainly affect the value of bitcoin and other cryptocurrencies, as people will look for an alternative asset for investment, including cryptocurrency.

I think bitcoin will not effected if the value of USD will falls because bitcoin is a independent currency and if the USD will falls the value of bitcoin will remain in that value but bitcoin will sell on USD i think that time is so low to get money because on exchange bitcoin is depending the price of USD.

galinskiydmitriy

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If the dollar falls or something happens to it, it will certainly affect the value of bitcoin and other cryptocurrencies, as people will look for an alternative asset for investment, including cryptocurrency.

wozzek23

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Quote from: hugoworld on June 13, 2018, 01:09:49 PM

If USD falls , bitcoin will fall naturally. Because bitcoin is really dependent on USD. On the other hand, USD is affecting all cryptocurrencies on earth. For that reason, USD is the key factor to make profit in cryptos.

This is quite obvious. We know that bitcoin is now considered and dealt in dollars as the dollar is international currency because of being super power, US’s currency is marked over globe and everyone is dealing in them internationally. So is the case where bitcoin is dealt in dollar. And surely when dollar gets down, it would become a bad tenure for bitcoin as well. So let’s see.

Ilia5225

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Quote from: shamzblueworld on May 20, 2017, 08:37:17 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?

People start using BTC sooner or later. And price will rising. Keep calm and buy bitcoin

lastnumber

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Quote from: xiaozamao on June 13, 2018, 11:40:54 AM

I am also not sure if my point of view is correct. but I know. The decline in the dollar will definitely make Bitcoin go up. This is inevitable. Now global funds have been sucked away by the United States. But this is just a flash in the pan. I think the dollar will collapse next year.

I agree with you. The dollar goes down as Bitcoin goes up. At present, the world has too many problems, especially riots and war. With its role, the US is present in many hot spots in the world. This will affect the dollar. And if you notice, when the dollar drops, the Cryptocurrency market will be green. Monitoring the price of USD is also an information channel that Bitcoin investors should note.

lastnumber

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If USD falls, it will have more influence on the world economy. But this is also an opportunity for investors in the Cryptocurrency market. Profits from Bitcoin will quickly attract big investors. And this is a chance for Bitcoin to grow again. Obviously this is a great opportunity for those who invest in Bitcoin to make a profit.

rasp

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Quote from: shamzblueworld on May 20, 2017, 08:37:17 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 depends on supply and demand solely and nothing else.
USD has nothing to do with bitcoin, as neither do all other fiat currencies, prices for electricity, the cost of oil/gas, etc.
For example, mining in Japan is several times more expensive than mining in, say, Switzerland - so that mean that "Japanese bitcoins" should be more expensive that "Swedish bitcoins"?
No! So that's the same correlation (that is, no correlation at all) of cryptocurrencies with the objects of the real world.

hugoworld

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If USD falls , bitcoin will fall naturally. Because bitcoin is really dependent on USD. On the other hand, USD is affecting all cryptocurrencies on earth. For that reason, USD is the key factor to make profit in cryptos.

sandisunny

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If USD falls it sure will affect bitcoin. Bitcoin is largely dependent on USD because most country transacts with the USD. But on a second note it might just be a chance for other currency to emerge, but on till then bitcoin will definitely drop if the USD falls.

STT

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Quote from: tdtduy on June 13, 2018, 10:55:43 AM

If USD falls, gold and Japanese yen will be safe haven for investors. However, gold is not a highly profitable investment channel.

Japanese YEN is horribly flawed at present. Their fiscal debt is 235% of the countrys GDP, without a harsh change or default its not possible to resolve this debt without upset. Even worse then USA I think this currency is.

Demographically Japan has a falling population which also means a fall in working population and people paying taxes. They are no doubt an innovative economy but lacking major resources they do need to import which means currency weakness is a problem for them.

Gold is an inert metal, its value is relatively unchanging but the price in dollar or Yen can change vastly as those two currencies suffer the afore mentioned depreciation. So gold is not profit exactly but it will be useful in isolating losses. A mining firm should do well with this as an asset secured vs dollar costs

xiaozamao

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I am also not sure if my point of view is correct. but I know. The decline in the dollar will definitely make Bitcoin go up. This is inevitable. Now global funds have been sucked away by the United States. But this is just a flash in the pan. I think the dollar will collapse next year.

DMCR lah

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If the USD will fall then it will work for Bitcoin, Bitcoin needs more space to show its strength. In the current era, the USD dominates the money market so that if it loses its value or acceptance, Bitcoin will become a substitute.

tdtduy

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If USD falls, gold and Japanese yen will be safe haven for investors. However, gold is not a highly profitable investment channel. Therefore, investing in the Crypto market is another factor to consider. We may have noticed, when there is a US military problem, the dollar will fall, and Bitcoin will rise. Do not know if this is crazy but this has happened many times. I believe so.

lol1yatme

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Quote from: shamzblueworld on May 20, 2017, 08:37:17 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?

If dollar happens to fall, then the price of bitcoin goes with it. But let’s assume that Euros was used to replace dollar then, the devs and those in control will still find a way to make everything balanced and make bitcoin to be at its true value .but that shouldn’t be a topic for us to discuss, there are more other important things than this.

STT

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Quote from: mezzaluna on June 11, 2018, 09:41:06 AM

I guess if US dollar falls is that Bitcoin would still stay the same. We still do not know why the value of multiple Cryptocurrency fluctuates and we do not know if it is connected to US Dollars but one thing is for sure because if US Dollar falls then the value of Bitcoin might also fall or maybe its price will increase but that is just a speculation about whether what can happen in the future.

Dollar is already a fallen currency is the main point, its already why Bitcoin rose. Its part of what shocked the world in BTC rising so strongly. What has not yet been realised consciously is that dollar printing such vast reserves has devalued and brought it lower already, the effects of that fall has not yet hit the street prices as inflation. The fall in value for dollar is evident in its monetary base, most of the large amount of new dollars is contained in slow moving and very large transactions of government bonds. The amounts exchanged are 100k units so this movement does not yet effect obvious prices such as bread, eventually it will

Bitcoin as a global reflection of dollar trade worldwide does however does to some extent reflect that dollar is falling and has already lost some of its long term standing. This decline is not likely recoverable without defaulting on some part of the 20tn debt accumulated, the other scenario is a fiscal surplus on an annual basis for many years in the future. This also is unlikely

Chyzy101

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Quote from: densuj on May 20, 2017, 08:44:15 AM

Quote from: shamzblueworld on May 20, 2017, 08:37:17 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?

Well I think it will makes price of bitcoin increase if the USD falls because it will takes impact on price of bitcoin,
we could saw the falls of Rupee on India because it, price of bitcoin becomed $1000
we can imagine if the USD falls price of bitcoin will increase more than today, many people do save values of whealty in bitcoin.

well i think if that will happen domino effect will occur. we all know that if dollar falls other currencies will start to increase there value. i know that US is really a huge country but how many percent of them are investing to bitcoin? what about the other countries? what will be there reactions during those times

bitllionaire

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Quote from: zeingrind777 on June 11, 2018, 12:21:12 PM

Quote from: shamzblueworld on May 20, 2017, 08:37:17 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?

increase or decrease in price on USD has no effect on bitcoin and another crypto. which affects the price of bitcoin and crypto is how much market demand. if market demand is high then bitcoin prices will rise and vice versa. if the market demand a little bit the price will go down

I also think that there may not be any bad effect on bitcoin if the USD price is increasing or decreasing, There is no relation of bitcoin with USD or any other fiat currency. Bitcoin in an online currency having no physical status, while USD is a physical currency. I personally do not think that there will any effect on bitcoin price if the USD price is increasing or decreasing.

kisscoin

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The dollar is a relic of the past. How much can you measure everything in our life with this currency? It's time for bitcoin and cryptocurrencies in General to take a leading position and change the economy in our world! Tongue

BigDig

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If the dollar really falls below the ground and loses the confidence of the world community, then the world of course will need to have an altarnative as a universal currency for exchange. It is quite natural if bitcoin will claim this role.

cpkozak

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I think like you. But in the electronic money market is different. I have been watching the market for quite some time and it seems to me that USDT is inversely proportional to the market.

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