Topic: The dollar affects Bitcoin? - page 3. (Read 1963 times)
I think it cannot affect the value of Bitcoin even it falls down because as I noticed in past year of 2017 even the value of dollar doesn't increase the value of Bitcoin totally in the highest value in the history of the market. And I think it is just a coincidence that they both increase their value in the same time.
nope i guess , bitcoin and dollar are on different aspect like bitcoin and gold , so it wont affect each other IMO
Dollar value has risen and fallen already in the year 2018 but the value of bitcoin continued to decline, so it is just a simple and clear indication that the 2, bitcoin and dollar has nothing to do with each other aside from they are converted one to another based on the decided price for each of them.
world transactions experienced a surge so that the international dollar currency experienced an increase in prices for all world economy trade covering the digital sector,
Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.
Dollar is not an international currency,but it have high affect on the orice of bitcoins because normally the price of bitcoin denoted in the dollar.But bitcoin is actually created to overcome centralised currency like dollar so training it against USD will keep the botcoin as volatile coin. Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
No, there is no direct relationship between the price of bitcoin and the dollar. They do not depend on the price of each other. Indirectly, it matters, because everything in this world should have a price ratio with each other. Therefore, if bitcoin grows in price, then more dollars are needed to buy it, and therefore it seems to be falling compared to bitcoin. However, this is at first glance, because the value of Bitcoin is simply taken into account.There isn`t direct link between currencies, any kind, but one currency can affect others.
This is one site where you can see some correlation between currencies:
-https://www.mataf.net/en/forex/tools/correlation
Ozero you have a point. Correlation between crypto-currencies and fiat-currencies exist,
and it`s very complex. Eventually crypto-currencies will overtake fiat-currencies, it`s my
vision of future.
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
No, there is no direct relationship between the price of bitcoin and the dollar. They do not depend on the price of each other. Indirectly, it matters, because everything in this world should have a price ratio with each other. Therefore, if bitcoin grows in price, then more dollars are needed to buy it, and therefore it seems to be falling compared to bitcoin. However, this is at first glance, because the value of Bitcoin is simply taken into account. Very influential. because the dollar at the moment is a lot of bitcoin exchanges and of course if the dollar experiences the problem of bitcoin itself will also get an effect. many economic sectors that will be affected are not just bitcoin
at least the correlation between the two is related. we know that between dollars and bitcoin is a pioneer currency, so both have their respective roles, when the dollar goes down, it will certainly affect the economy of the whole world, so that the downturn in the crypto market will occur
world transactions experienced a surge so that the international dollar currency experienced an increase in prices for all world economy trade covering the digital sector,
Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.
Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.
Very influential. because the dollar at the moment is a lot of bitcoin exchanges and of course if the dollar experiences the problem of bitcoin itself will also get an effect. many economic sectors that will be affected are not just bitcoin
Due to the fact that both are rising I dont think there is a coincident. If one currency depends on the other typically one falls if the other rises. You can see this looking at altcoins at the moment. Most of them bleed due to bitcoins price explosion.
The value of a Bitcoin currency is not affected by any currency. which can affect the price of bitcoin is the market player, if market demand rises then the price will automatically rise, but conversely if the market demand decreases, the price will also decrease. so the price of bitcoin is not the same as the currency of a country that can be influenced by the country's policy. as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It's very easy to understand that it's just a coincidence. The price of bitcoin is controlled by demand while the dollar's value is based on the inflation and economic growth. Even US does have a lot of money, it's not enough and main adoption is still what we need.
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
price changes and price fluctuations due to trade movements using crypto and fiat currencies do not affect the bad price and crypto currencies will experience a fairly good development going forward.or negative one. Crypto is more volatile that's why day traders are loving it, and also those who wants to hold can position themselves this early.
The future is good for crypto, at least that's what we believe and we will also have our faith on it.
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.Direct relation, i dont think dollar give effect to bitcoin price. When The Fed rising interest rate, bitcoin price not affected. Crypto market affected on fundamental or psychology market. I think its about network security and regulation. Both factor give big effect to crypto price
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.It is clear that bitcoin has a close relationship with the dollar, so the dollar can be said to affect the price of bitcoin. Cryptocurrency and fiat are basically fluctuating when on the market, but the level of cryptocurrency fluctuations is certainly higher than fiat. The dollar is the main standard for exchanging cryptocurrency. Therefore, if the dollar has a problem it will certainly have a good effect on the price of bitcoin.
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
Yes it affects bitcoin because the dollar is still a reference to how high the value is if it is exchanged into fiat currency.
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
price changes and price fluctuations due to trade movements using crypto and fiat currencies do not affect the bad price and crypto currencies will experience a fairly good development going forward. 
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
if the price of Bitcoin was being continuously increasing or decreasing still not definitely affects the price of anything but when the people in the country preferred cryptocurrency is more than their country currency it will definitely affects the usage of normal paper money at that time the economic development will be definitely going to downfall. 
I don't think so, because USD is not the only type of FIAT currency that can be exchanged for bitcoin, therefore I think this doesn't have much effect on bitcoin when the USD value increases.
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.Jump to: