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Topic: The US dollar is gaining strength - page 5. (Read 1389 times)

legendary
Activity: 1232
Merit: 1029
October 23, 2018, 11:02:56 AM
#59
Donald Trump's trade wars are boosting local businesses and this is strengthening the US Dollar, but I think this is a little bit to late for them, because the US Dollar has lost most of it's value over time and they are faced with huge debt problems.

I see a typical scenario where China will claim US land and resources to pay back their debt in the future, like China are doing with some third world countries that are owning them money now.  Roll Eyes

The trade wars also make certain imports, more expensive.  Tongue  Crypto currency investments will increase, when people try to circumvent these trade wars.  Huh
That last part is actually something I see in the space in the long run which I believe the trade war would bring about for the growth of this space. Definitely, with the trade war on, this would most definitely affect a whole lot of countries as the USD is gaining strength and this is where we would see more countries falling down in their economy and trying to even see how they can survive through it, and in such cases, investors are always going to be looking for where they can store value so as not to get scooped up in the inflation and in that case, cryptocurrency may actually be a good target.
hero member
Activity: 798
Merit: 527
October 23, 2018, 05:16:31 AM
#58
A strong dollar will impact positively on cryptocurrencies. It is the most outstanding fiat the all exchanges have to exchange against cryptos. Therefore it will inspire confidence in the market.

That probably has an impact. We can say that if the dollar has a huge valie then so as the cryptocurrency because it is he fiat that is the means in measuring the said market. But then having powerful fiat may not be also good to the market, or the crypto currency market.
I really do not see how dollar value has anything to do with cryptocurrency, either positively or negatively. These are totally two different spaces which I believe somehow that it would be all about the more money that comes into this space, which is actually something I am looking forward with the Trump's trade war that would likely be affecting some countries.

Gold is somehow picking the line to the upper side now and in some way, we may likely start seeing assets growing in such cases, and with that, this might even be touching the cryptocurrency space in a positive way but like I said, it is all about the investor's mindset at the end anyway.
member
Activity: 868
Merit: 63
October 22, 2018, 01:24:08 AM
#57
A strong dollar will impact positively on cryptocurrencies. It is the most outstanding fiat the all exchanges have to exchange against cryptos. Therefore it will inspire confidence in the market.

That probably has an impact. We can say that if the dollar has a huge valie then so as the cryptocurrency because it is he fiat that is the means in measuring the said market. But then having powerful fiat may not be also good to the market, or the crypto currency market.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
October 22, 2018, 01:17:32 AM
#56
Donald Trump's trade wars are boosting local businesses and this is strengthening the US Dollar, but I think this is a little bit to late for them, because the US Dollar has lost most of it's value over time and they are faced with huge debt problems.

I see a typical scenario where China will claim US land and resources to pay back their debt in the future, like China are doing with some third world countries that are owning them money now.  Roll Eyes

The trade wars also make certain imports, more expensive.  Tongue  Crypto currency investments will increase, when people try to circumvent these trade wars.  Huh
newbie
Activity: 56
Merit: 0
October 22, 2018, 01:05:00 AM
#55
Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?

Expect the US dollar will always be strong as always that even if there is a world crisis but still the US dollar will survive because it is the center of all fiat transactions all over the world and i don't see any threat against Crypto if the US dollar will become more stronger than before because for me Crypto is also an investment so that we could earn more US dollar too.
It would be hard for poor people to live. But it can be positive impact on bitcoin price while selling them even the bitcoin price fall you would not lose.
legendary
Activity: 966
Merit: 1000
October 20, 2018, 02:24:46 PM
#54
In my opinion crypto has nothing to do with the USD value, it won’t affect the value of the crypto currency. Crypto is influenced by the amount demand and available amount of supply. So USD won't affect the crypto value.
jr. member
Activity: 140
Merit: 1
October 20, 2018, 09:54:12 AM
#53
Yes, I admit that, in my country the dollar is very beneficial for us crypto, bitcoin players or other online businesses that use the dollar. But for some other people this news is a little not good, the dollar strengthens has an impact on rising food prices etc.
sr. member
Activity: 714
Merit: 261
October 20, 2018, 02:22:49 AM
#52
I guess there is no relationship between the crypto currencies and USD value at all. See that market is completely different from what we see and how we react to it when it comes to investing in the crypto currencies.
The USD market doesnt affect crypto market because there is no real linkages between the two and thus that very air gap keeps both of them separated from each other. With the USD rise it could affect the actual market like stocks, and any commodities that are getting traded over it. With the up rising of USD, BTC will remain untouched as BTC is just BTC and all its value comes from the demand supply relation within the crypto sphere. 
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
October 20, 2018, 02:20:17 AM
#51
Strong dollar will have not an effect for cryptocurrency even currently dollar was strong but the price of crypto even not really good and in my view strong dollar will have effect for economic from the particular countries that in my countries there was high inflation because dollar is too strong even if this situations continue and my currency crash then possibly will happened economy of crisis although i do not want it but unemployment will increase because this effect
I know what is inflation, 25 years ago annual inflation rate was more than 1.5 billion percent. The highest denomination was 500,000,000,000 dinars, can you imagine a banknote with that number on it. Today you can buy bread and milk with your salary, tomorrow you can`t buy newspaper with the same money. Looks like US is leading the way and ruining other countries with their economy model, their wars and interfering in other countries businesses.
That`s why I love cryptocurrencies, I hope we can all use them one day not this damaged dollars, euros and rest of them. We definitely need a new economy model on global level.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
October 20, 2018, 02:01:39 AM
#50
Strong dollar will have not an effect for cryptocurrency even currently dollar was strong but the price of crypto even not really good and in my view strong dollar will have effect for economic from the particular countries that in my countries there was high inflation because dollar is too strong even if this situations continue and my currency crash then possibly will happened economy of crisis although i do not want it but unemployment will increase because this effect
newbie
Activity: 97
Merit: 0
October 20, 2018, 12:46:51 AM
#49
Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?

Expect the US dollar will always be strong as always that even if there is a world crisis but still the US dollar will survive because it is the center of all fiat transactions all over the world and i don't see any threat against Crypto if the US dollar will become more stronger than before because for me Crypto is also an investment so that we could earn more US dollar too.
I am bit scared since increasing the price of dollars can do a lots of negative thing. There economy can be in big trouble everything become expensive.
hero member
Activity: 1148
Merit: 527
October 17, 2018, 06:13:04 AM
#48
it seems to me that the dollar and cryptocurrency can develop in parallel and not interfere with each other
That is what I believe would mostly happen in the long run. The market is growing every day as well as adoption, and we are getting to see improvements over and over again.

Dollar may actually be growing strong against other fiat markets at the moment, but like we have said, they are fiat market and I do not see how they would have any serious and major effect at all on the cryptocurrency market. For sure, one thing at moments like this is to see other countries trying to rush into assets to be able to hedge their funds as against the inflation going on with their currency and at this point, i actually see cryptocurrency probably being a target.
jr. member
Activity: 85
Merit: 2
October 17, 2018, 04:31:05 AM
#47
Same here in our country the US dollar currency has gone strong and the inflation rate here is high. Usually the US dollar currency has stabilized and play its conversion from the last few years but if it will compared to present value definitely there is a clear huge gap. However, I do not think that it could affect the value of crypto unless if crypto is being sold to fiat money.

I just wonder if I will buy crypto now and buy out dollars then convert to out fiat. I think it is profitable?
Yeah and i've been thinking what makes this huge inflation in USD when the crypto market was not really working out yet, i mean, look at the crypto market it is not making a huge move yet like a sudden pump.
Buying crypto might give you a profit but buying dollars then convert it to your fiat seems like not a good idea because of their high rates for converting money it might take your profit to go to their pocket.
The problem is this when the US dollars strengthen other currencies lose its value in the market and the people of a country face more financial problems in shape of inflation, expenses and taxes. The purchasing power of the people become reduces and they kick back to miserable financial conditions. That’s why we are waiting for bitcoin to take over the currency market.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
October 17, 2018, 02:40:07 AM
#46
Since Trump's presidency, the US economy has improved tremendously and has made China very miserable in finding jobs and unemployment. I think it will not affect too much on the price of the cryptos, it only affects the forex market.
I feel this is something that will only be effectual in the short term and we will get to see things going back eventually to the way they were. However, the declaration of trade war have actually shown how the strength of the US dollar lies and for what it is worth, at least in the short term it has really been helping the US economy.

However, when comparing to cryptocurrencies, I do not see how this would have any serious major effect on cryptocurrency at all, and it is just an entity on its own that is not easily controlled by any government policies directly.
jr. member
Activity: 350
Merit: 1
October 16, 2018, 04:56:35 AM
#45
It seems to me the dollar was not weak, but the fact that it continues to strengthen is not surprising, looking at the policy of the USA.
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
October 16, 2018, 02:42:41 AM
#44
Since Trump's presidency, the US economy has improved tremendously and has made China very miserable in finding jobs and unemployment. I think it will not affect too much on the price of the cryptos, it only affects the forex market.


it seems to me that the dollar and cryptocurrency can develop in parallel and not interfere with each other

What?

Don't you see the truth behind the scenes?

The dollar is going nowhere, just inflation.

What can be developed is our conscience.

And definitely, they are interferences.

Manipulation - obligations - conformism- capitalism - use like no tomorrow -
Things what seems to be normal - arent normal!!!
Mad world!
https://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

hero member
Activity: 1036
Merit: 500
October 16, 2018, 02:38:44 AM
#43
Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?
Cryptocurrency is not linked to dollar and is completely on its own. So whatever value of USD is doesn’t have anything to do with what’s going to be the value of cryptocurrencies.

Cryptocurrencies devs has a way determining what’s going to be the price and that’s by knowing the rate of demand and how much is available or supply. So count the USD out of this, whether it gains strength or weakens has nothing to do with this.
jr. member
Activity: 210
Merit: 1
October 16, 2018, 01:50:39 AM
#42
it seems to me that the dollar and cryptocurrency can develop in parallel and not interfere with each other
member
Activity: 784
Merit: 10
https://streamies.io/
October 15, 2018, 11:04:02 PM
#41
Since Trump's presidency, the US economy has improved tremendously and has made China very miserable in finding jobs and unemployment. I think it will not affect too much on the price of the cryptos, it only affects the forex market.
full member
Activity: 364
Merit: 100
October 15, 2018, 10:47:11 PM
#40
It is true that US dollar is more using than any other currency so it is gaining strength and the world big businesses and projects are making transactions and it is gaining strength for a good reason, If we use crypto then it's demand will rise and ultimately the bitcoin will become more valuable and strong currency in the world.
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