Topic: The dollar affects Bitcoin? - page 5. (Read 1976 times)
I think this is a coincidence because when viewed from the graph the movement of bitcoin in the market is saturated so there is a small jump that occurs in the price of all crypto. But, we can also consider this as a sign of a trend reversal because we have experienced a long downtrend.
my mind is very different, both currencies are on different paths, USD is real money and also traded, but BTC is a digital currency and BTC is also traded, I have never met, if the dollar price is high, BTC prices are also high, maybe threads You are just a coincidence, when the USD price is high, BTC also has a high price, I take the example when the price of BTC is high in 2018, but at that time the dollar price tends to be stable and the dollar price does not affect the cryptocurrency price
It call redistributive return once the price of dollar increase it will also reflect on the price of bitcoin because the two currencies work hand in hand. Once the dollar grows we all gain profits with our bitcoin, that is the inflation and deflation of bitcoin and it depends on other currencies on the exchange.
it only affects the profit for the holder, but does not really affect the important momentum that determines the increase in the price of bitcoin. especially now that Tether coins have appeared using usd prices. for the future it will not have an impact on the price of bitcoin in determining momentum, usd will only play a role in conversion.
It call redistributive return once the price of dollar increase it will also reflect on the price of bitcoin because the two currencies work hand in hand. Once the dollar grows we all gain profits with our bitcoin, that is the inflation and deflation of bitcoin and it depends on other currencies on the exchange.
The more money the central banks print, the higher the value of Bitcoins can be, the FIAT money printing in 2017 was extreme and the Bitcoin price went bullish. As long as people think they can store wealth in Bitcoins the price of bitcoins will continue to be high.
maybe it can make a reference that many people save funds in bitcoin in anticipation of inflation due to the increase in fiat money printing. so by investing their funds in bitcoin they will be profitable multiplied, without being affected by inflation. we can see that after 2017 there are many interesting funds from bitcoin, until now 
The more money the central banks print, the higher the value of Bitcoins can be, the FIAT money printing in 2017 was extreme and the Bitcoin price went bullish. As long as people think they can store wealth in Bitcoins the price of bitcoins will continue to be high.
Well, if you judge, you can understand that Bitcoin depends on:
1) demand / supply in the market
2) USD prices
So the dollar affects Bitcoin, but I would say that it is an indirect influence.
1) demand / supply in the market
2) USD prices
So the dollar affects Bitcoin, but I would say that it is an indirect influence.
The dollar has an active role in determining the price of many investment instruments and fiat currencies. It would not be wrong to say that there is a linear correlation between the dollar and bitcoin prices.
some time ago bitcoin and the dollar had no connection at all but at the moment it looks like the usdt has started to be created and the price of usd will always be equalized by the price of bitcoin, and now they are interrelated and not like before before usdt was created.
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
In my opinion the development of rising or falling dollar prices, especially the USD has an influence on the price of bitcoin but is not significant. Independent bitcoin prices, meaning up or down because of the influence of the bitcoin market itself, which depends on supply and demand. Where did you find the relationship of the dollar and bitcoins? The only connection is the cryptocurrency rate itself. The course is affected only by Bitcoin capitalization.
Thats right . btc is generally measured in usd , thats why they have a relation . if usd drops , btc also drops because people loose some cash .
Lets not forget that btc can be also measured in other local currency depending on what wallets you are using but then again , every local currency are always tied tup to usd because usd is still the general money .
Usd isnt highly volatile like cryptos . it can only decrease or increase a verry small increments . its not life threatening at all when usd drops .
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
The direct relationship doesn't seem to be between bitcoin and dollars, because it's obviously different in its use, so I really agree with you, maybe it was just a coincidence at that time. bitcoin is very specific and it can go up or down not because of the dollar, but one of the causes can only be due to the sentiment of information from the media and from investors. bitcoin can soar very high later.I agree with this idea. I do not think Bitcoin and the dollar are related to each other. Bitcoin is still a nascent currency and a market at the beginning, so high volatility is normal, such as the strong rise in prices and the following collapses.
Probably when the crypto market will be more mature, it will be subject to lower volatility.
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
The direct relationship doesn't seem to be between bitcoin and dollars, because it's obviously different in its use, so I really agree with you, maybe it was just a coincidence at that time. bitcoin is very specific and it can go up or down not because of the dollar, but one of the causes can only be due to the sentiment of information from the media and from investors. bitcoin can soar very high later.
Where did you find the relationship of the dollar and bitcoins? The only connection is the cryptocurrency rate itself. The course is affected only by Bitcoin capitalization.
As for me, this is just a coincidence. The price of bitcoin depends on the investments of people, well, or on how much they sell bitcoin. Well, the dollar is the dollar, I do not see the connection.
es you are right. But it is worth considering another aspect. If the dollar grows, then you can buy more Bitcoin for it. Conclusion if the dollar is growing, then bitcoin may be falling.
As for me, this is just a coincidence. The price of bitcoin depends on the investments of people, well, or on how much they sell bitcoin. Well, the dollar is the dollar, I do not see the connection.
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
As of now the value of bitcoin is calculated in terms of USD. This shows that bitcoin has got the direct relation with USD. So if the market for USD declines, automatically bitcoin value will surely fluctuate. This will change when the direct usage of bitcoin will grow beyond certain limits.
But the value of dollar is not much declining now a days but still the prices of bitcoins were decreasing this is just only happening because of people seeing bitcoin as a trading material and calculate them interms of fiat only.So it means yes the USD affects bitcoin directly as well as indirectly. 
As of now the value of bitcoin is calculated in terms of USD. This shows that bitcoin has got the direct relation with USD. So if the market for USD declines, automatically bitcoin value will surely fluctuate. This will change when the direct usage of bitcoin will grow beyond certain limits.
I actually observe that thing that fiat affects the crypto's value so my observation was correct because as you see that the dollar goes and also bitcoin but it is also coincidence because last year the value of dollar are low and the value of bitcoin goes up so definitely the prices of two currencies are being different.
Jump to: