Is the US Dollar Too Volatile? - page 5.

CottonGuy

jr. member

Activity: 185

Merit: 5

Quote from: Hydrogen on March 23, 2018, 02:42:14 PM

Today, it seems everywhere you look there are negative things being said about bitcoin volatility.

To break up the monotony of borish media sources endlessly discussing btc volatility as if they have nothing better to do than beat dead horses 24/7/365, let's change the subject to a more neglected topic, that of: fiat volatility.

Behold exhibit A.

Image link: https://i.imgur.com/km3TFeR.jpg

This chart would appear to contradict what many say about the US dollar representing a stable value. The buying power of the US dollar appears to be declining significantly over time.

Example of the purchasing power of the US dollar declining: a 2 liter bottle of soda used to cost $1.00 in the united states, not long ago. Today it costs $2.00. If the paradigm shift from $1 to $2 occurs over a 10 year period, we might say that inflation is occurring @ a rate of 10% per year or the dollar is losing 10% of its value per year in contrast to purchasing food items like 2 liter bottles of soda. This precedent of diminishing fiat buying power could apply over our global economy.

So it is possible the purchasing power of the US dollar and other fiat currencies are diminishing significantly over time.

What are everyones thoughts on this? Huh

Inflation at its finest due to greed and selfishness of the people governing our country.

Boldcom

newbie

Activity: 149

Merit: 0

Quote from: Hydrogen on March 23, 2018, 02:42:14 PM

Today, it seems everywhere you look there are negative things being said about bitcoin volatility.

To break up the monotony of borish media sources endlessly discussing btc volatility as if they have nothing better to do than beat dead horses 24/7/365, let's change the subject to a more neglected topic, that of: fiat volatility.

Behold exhibit A.

Image link: https://i.imgur.com/km3TFeR.jpg

This chart would appear to contradict what many say about the US dollar representing a stable value. The buying power of the US dollar appears to be declining significantly over time.

Example of the purchasing power of the US dollar declining: a 2 liter bottle of soda used to cost $1.00 in the united states, not long ago. Today it costs $2.00. If the paradigm shift from $1 to $2 occurs over a 10 year period, we might say that inflation is occurring @ a rate of 10% per year or the dollar is losing 10% of its value per year in contrast to purchasing food items like 2 liter bottles of soda. This precedent of diminishing fiat buying power could apply over our global economy.

So it is possible the purchasing power of the US dollar and other fiat currencies are diminishing significantly over time.

What are everyones thoughts on this? Huh

i am not an expert in economics. i think dollar is just so consistent in it’s value. but dollar also has some ups and downs. money acquires value through its familiarity or its fluency.

Caelanpelley

sr. member

Activity: 602

Merit: 250

I think the dollar is not easily volatile. This is not easy to do. America is the world's most valuable currency to become the official currency of the United States. And is the economic value of some countries in the world. It is not easy to evaporate despite the new currency.

waywethe

newbie

Activity: 112

Merit: 0

True, the US dollar is slowly losing value. In my opinion, the dollar is no longer as high as before electronic money appeared. Maybe someday people will use electronic money rather than dollars

Bagaji

sr. member

Activity: 1330

Merit: 291

When one should talk about volatility in the market value of currency bitcoin volatile should not be in any way compared to Dollar volatile nature as dollar is more stable as compare to any other currency.

pat4cryptoreal

full member

Activity: 630

Merit: 102

I major reason most people tend to like bitcoin or cryptocurrency is the deep disappointment by our traditional fiat currency. I do not know about other countries, in my country our fiat currency looses value on daily basis. If you purchase something today with a certain amount when you want to buy the same thing in the next six month the price will double. So our fiat currency is also volatile if we want to look at it from that angle.

vidprab5

member

Activity: 222

Merit: 11

Create Your Decentralized Life

The U.S dollar is not volatile as you think it is. As for the declining, I think that’s normal with every currency. Just take a look at other currencies or maybe your own country’s currency it’s possible that it might have declined too and things also might have gotten costly. Just like in my country, thing are not like it used to be before and everything is now costly. Our currency is able to compete with the U.S dollar back then, but now it’s worst. So no matter what this chart shows, the U.S Dollar remains the number one currency.

Surge_Dev

member

Activity: 266

Merit: 10

I think everyone knows that the dollar US is a volatile currency because of the obvious reasons. It is volatile because it is used all over the world and every trader uses dollars as the main currency

supermine

hero member

Activity: 826

Merit: 518

Quote from: ttking on May 18, 2018, 08:17:03 AM

Yes, I agree that the dollar is really extremely volatile. No need to blame BTC that it is the most volatile currency because it is not true. I think that BTC will take the place of dollar in the future. It has all necessary features for this

when we compare the volatility rate of bitcoin with the US dollar then bitcoin will be the giant volatile but we need to have stable price if we want bitcoin to be used as a currency.This can be only achieved through mass adoption but the volatility of US dollar is due to inflation and deflation so the voltility of bitcoin is actually good and this volatility made the bitcoin very famous in short term.But in future hopefully the price of bitcoin will stable and better to use it for daily transactions.

ttking

member

Activity: 324

Merit: 10

Yes, I agree that the dollar is really extremely volatile. No need to blame BTC that it is the most volatile currency because it is not true. I think that BTC will take the place of dollar in the future. It has all necessary features for this

marsmyname

member

Activity: 332

Merit: 12

Quote from: kdrama on May 11, 2018, 04:24:19 AM

It is normal to go down the value of dollars because unlike bitcoin, All people around the world known dollars and everyday it has an exchanging of money and in the natural process of course it will decrease and sometimes increase. You will know about it if you have some research for sure.

I do not know which perspectives are you talking from but generally speaking the volatility of the US dollar depends on the value of your own currency. If there is devaluation in your country’s currency, the dollar will rise of course. If you are talking about the volatility of USD in terms of the price of Bitcoin, so it is not the volatility of USD but that of Bitcoin due to fluctuation in the market prices due to fluctuation in the demand for the coin.

SolomonSollarsNSense

full member

Activity: 462

Merit: 100

Quote from: BillCoin on May 11, 2018, 04:07:59 AM

Voltalite level is not being determined by a one trading pair, because you can not really determine what a coin is making the pair to be so volatility.
In order to determine what coin causes the pair to be volatility, you need to compare both coins with other coins, for an example, if we are talking here about the USD/BTC pair you should be comparing the USD to GBP and EURO, and also the BTC to those pairs, you would find out that BTC is much more volatility.

Everyone outside USA will compare US dollar with his local currency and not with cryptocurrency, because when a person calculate his deficit or earnings he will multiply dollar with his local currency. It means that volatility will be in his local currency and not in US dollar. I think that US dollar is constant and there is no volatility in the price.

wozzek23

sr. member

Activity: 1568

Merit: 283

Quote from: Barcode_ on May 11, 2018, 03:44:47 AM

I do not think that the US Dollar is volatile if you compare it with crypto-currencies, the forex trading market is still relatively much more stable as compared to the crypto-currencies trading market, and investors should beware of the huge volatility in crypto-currencies trading market if they plan to invest huge amount of money into it.

US dollar is no volatile. It is constant and other thing is that we have nothing to do with the price of US dollar. I know that US dollar is used worldwide but it is not the currency of the world. If we compare US dollar to cryptocurrency we will find that cryptocurrency is more volatile and mostly small country take affect from the price of US dollar. Big economies do not take any influence from US dollar like china, Europe etc.

futuret

hero member

Activity: 728

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Quote from: _noname_ on May 10, 2018, 02:36:57 AM

I am not a specialist of financial matters, but rather even I can see that Dollar has lost its esteem fundamentally. I don't know why, but rather every once in a while we see financial emergency and dollar engaged with it, perhaps on the grounds that Dollar is one of universes most utilized monetary standards. America is one of monetarily most grounded nation, yet I don't know whether its monetary quality is genuine. I have heard that US is under water a considerable measure, that they owe China and Russia a ton of cash. On the off chance that they proceed on that street of obligation, Dollar would be demolished. With everything that US is included with, its no big surprise that Dollar is so unstable.

America is facing too many troubles these days or you can say that Donald didn’t prove to be lucky for his country. It appears to me you have just seen the positive side that this state portrays but have no idea about what negativities it holds. First of all, you should look at the debts that it has borrowed from China. You should also give a look at the support it is receiving from all over the world. Days of dollars are gone.

MIZANUR5033

member

Activity: 364

Merit: 10

I hope not though I don’t know actually. But there has the strong possibility of Volatile because China is increasing his economy day by day. now China is participation in every sector of the world market. They are strong enough in the technology. They invented so many new technology day by day. In printing patented technology, chin got massive success. They also participated in the gaming CD’c/ DVD. Even they produce may luxuries thinks with low cost and marketing them in the world market. In recent economy, China got massive success. So if the China money will be number one currency, it will not the surprising thing in future.

Ranly123

full member

Activity: 952

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★777Coin.com★ Fun BTC Casino!

Quote from: Hydrogen on March 23, 2018, 02:42:14 PM

Today, it seems everywhere you look there are negative things being said about bitcoin volatility.

To break up the monotony of borish media sources endlessly discussing btc volatility as if they have nothing better to do than beat dead horses 24/7/365, let's change the subject to a more neglected topic, that of: fiat volatility.

Behold exhibit A.

Image link: https://i.imgur.com/km3TFeR.jpg

This chart would appear to contradict what many say about the US dollar representing a stable value. The buying power of the US dollar appears to be declining significantly over time.

Example of the purchasing power of the US dollar declining: a 2 liter bottle of soda used to cost $1.00 in the united states, not long ago. Today it costs $2.00. If the paradigm shift from $1 to $2 occurs over a 10 year period, we might say that inflation is occurring @ a rate of 10% per year or the dollar is losing 10% of its value per year in contrast to purchasing food items like 2 liter bottles of soda. This precedent of diminishing fiat buying power could apply over our global economy.

So it is possible the purchasing power of the US dollar and other fiat currencies are diminishing significantly over time.

What are everyones thoughts on this? Huh

Nope, dollars volatility is low. Only that the economy of a country is growing that is why dollar value will decrease in that country. We can never tell that dollar is a volatile currency just because it has decreased in value, it is still applied to the law of supply and demand.

Surge_Dev

member

Activity: 266

Merit: 10

i don't think that dollar is going to be too volatile because the USA controls it. As for me, this is not the great problem. However, I don't know how this will influence the trading and crypto currency. Hope that nothing bad will happen to the financial system

dev9t9ok

newbie

Activity: 154

Merit: 0

It is an inflation and it would be nice to add a picture with the American debt to compare them together. Meanwhile dollar is the most strong currency so you just can imagine value of a currency of developing countries comparing with dollar they are trash.

kdrama

full member

Activity: 176

Merit: 100

It is normal to go down the value of dollars because unlike bitcoin, All people around the world known dollars and everyday it has an exchanging of money and in the natural process of course it will decrease and sometimes increase. You will know about it if you have some research for sure.

BillCoin

sr. member

Activity: 476

Merit: 259

Voltalite level is not being determined by a one trading pair, because you can not really determine what a coin is making the pair to be so volatility.
In order to determine what coin causes the pair to be volatility, you need to compare both coins with other coins, for an example, if we are talking here about the USD/BTC pair you should be comparing the USD to GBP and EURO, and also the BTC to those pairs, you would find out that BTC is much more volatility.

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