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Topic: TRUMP - DOLLAR (Read 2368 times)

hero member
Activity: 882
Merit: 507
February 02, 2017, 07:51:37 AM
#45
With Bitcoin and Dollar, I can say apart, if it makes me hard to keep both of them in the same position. Trump and the dollar are not the same bureaucracy, and if we look at it already, we have a rising dollar, in short it was higher before Trump. That's why I can say that Trump has no effect.

With Trump coming, we can say that the dollar has risen one more level. I do not think bitcoin will have much effect on this increase.


sr. member
Activity: 490
Merit: 250
February 02, 2017, 06:42:21 AM
#44
If Donald Trump had fought the Chinese economy, the Nikkei 225 2 would give very big losses to the launch, would it affect the bitcoin?
legendary
Activity: 2646
Merit: 1106
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January 31, 2017, 02:39:31 AM
#43
Okay, to the post above have there been fundamental relationship of BTC and $ , because as it happened last month, as dollar go higher, btc is going up too .?

In my opinion its gonna be a bully game, another down (-20usd) on btc perhaps then up +25usd.

Bitcoin doesn't depend from dollar. So in the case when dollar go down or high - bitcoin make it's own moves. As I saw dollar doesn't loose too much in it's price, it's just stopped to constantly grow to other currencies. And I'm sure that many countries where dollar costs a lot now will say - Thanks God!
Bitcoin never gets dependence on dollar price movement. With dollar the volatility will be low compared to the bitcoin. Now bitcoin too has got lower volatility than the past days. Price dependence can be experienced only when bitcoin will be converted to the fiat.
sr. member
Activity: 294
Merit: 250
January 30, 2017, 03:48:43 PM
#42
Okay, to the post above have there been fundamental relationship of BTC and $ , because as it happened last month, as dollar go higher, btc is going up too .?

In my opinion its gonna be a bully game, another down (-20usd) on btc perhaps then up +25usd.

Bitcoin doesn't depend from dollar. So in the case when dollar go down or high - bitcoin make it's own moves. As I saw dollar doesn't loose too much in it's price, it's just stopped to constantly grow to other currencies. And I'm sure that many countries where dollar costs a lot now will say - Thanks God!
legendary
Activity: 1652
Merit: 1088
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January 30, 2017, 09:11:54 AM
#41
The correlation between oil and USD is close to 0%.


What % of total US debt are the Saudis holding?



And what is forcing USA to ever repay their debt?

In 2014 the Saudis had reserves of about $750bn, and it is safe to say much of that was held in US bonds. However, since the oil price collapsed from $130 to about $40, the Saudis have been selling their bonds. It is estimated that it dropped to $555bn by August 2016

It has probably dropped further since then. But their sales arn't having any effect on the dollar which has strengthened since 2014. It goes to prove that the big Wall Street bond funds are more important than overseas sovereign funds.
member
Activity: 78
Merit: 10
January 30, 2017, 02:20:12 AM
#40
The correlation between oil and USD is close to 0%.


What % of total US debt are the Saudis holding?



And what is forcing USA to ever repay their debt?
full member
Activity: 138
Merit: 100
January 29, 2017, 03:27:10 PM
#39
The correlation between oil and USD is close to 0%.


What % of total US debt are the Saudis holding?

legendary
Activity: 1652
Merit: 1088
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January 29, 2017, 03:17:43 PM
#38
The answer is: It is too soon to tell.

First we need to see what a Trump budget has to tell us. If it is expansionary, then the Fed may raise rates faster than they were going to.

If interest rates rise in the US but not elsewhere, then the dollar will strengthen. People like holding their money in currencies where you can get interest.

So it all hinges on Trump's first budget, but he hasn't even got his Commerce secretaruy confirmed yet, so we have a while to wait.
member
Activity: 78
Merit: 10
January 29, 2017, 01:48:07 PM
#37

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

Explain how anti-Muslim policies will drive the USD down? The majority sees them as a good thing.

Lol,
you know who owns oil?  Grin
That's right, not the Christians

The correlation between oil and USD is close to 0%.
hero member
Activity: 826
Merit: 500
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January 29, 2017, 07:06:31 AM
#36

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

Explain how anti-Muslim policies will drive the USD down? The majority sees them as a good thing.

Lol,
you know who owns oil?  Grin
That's right, not the Christians
member
Activity: 78
Merit: 10
January 29, 2017, 03:43:11 AM
#35

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

Explain how anti-Muslim policies will drive the USD down? The majority sees them as a good thing.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
January 29, 2017, 02:44:16 AM
#34
We all know US Dollars is in its final stage as a Global Reserve Currency. Whatever trump does, he cannot change this situation.China and Russia are eagerly waiting to see the dollar collapse. As we see throughout the history, when there is a economic crisis, people rush to move their holdings into a much secured asset or commodity.Now, there are two chances for them, either gold or Bitcoin.Though gold has been there for centuries, it has also faced huge decline in price value in dollars.It cant be easily transformed from one place to other like currency.There remains the other option Bitcoin.Bitcoin will be their choice because of its finite supply and ability to increase its own value within its own technological advances.Many thousands of jobs and businesses will be made directly and indirectly based on Bitcoin technology over the next several years worldwide.Surely, Bitcoin will win by a very technical knockout.Definitely, its a great positive effect for Bitcoin.

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.
legendary
Activity: 1218
Merit: 1000
January 28, 2017, 12:46:25 AM
#33
we do not know to this day, because the price of bitcoin is not currently show a definite rise. the price of the dollar is also not known whether it will last, or if it's just temporary. but, if such it was, I think bitcoin prices will rise in a few days.
sr. member
Activity: 350
Merit: 250
January 28, 2017, 12:22:26 AM
#32
We all know US Dollars is in its final stage as a Global Reserve Currency. Whatever trump does, he cannot change this situation.China and Russia are eagerly waiting to see the dollar collapse. As we see throughout the history, when there is a economic crisis, people rush to move their holdings into a much secured asset or commodity.Now, there are two chances for them, either gold or Bitcoin.Though gold has been there for centuries, it has also faced huge decline in price value in dollars.It cant be easily transformed from one place to other like currency.There remains the other option Bitcoin.Bitcoin will be their choice because of its finite supply and ability to increase its own value within its own technological advances.Many thousands of jobs and businesses will be made directly and indirectly based on Bitcoin technology over the next several years worldwide.Surely, Bitcoin will win by a very technical knockout.Definitely, its a great positive effect for Bitcoin.
hero member
Activity: 1050
Merit: 529
January 26, 2017, 07:35:17 AM
#31
Dollar is going down again..

Is this positive for bitcoin price?

MOON ?
The dollar drop is just temporary and very less so I don't think it would have an affect on the bitcoin price, but if it does most likely it would make bitcoin drop a bit but nothing much because majority of bitcoin trades are in China.
sr. member
Activity: 560
Merit: 269
January 26, 2017, 02:45:23 AM
#30
I really dont know whats the relation of dollar to bitcoin. How can bitcoin will surge its price when dollar drops its value? Bitcoin can turn into different currency. Not on dollars only. We can switch to other currency if we want to. Maybe if massive adoption of bitcoin occurs. Demand of fiat will weaken. Is that what you think?
legendary
Activity: 1358
Merit: 1016
January 25, 2017, 09:05:29 AM
#29
88 bloody 8
hero member
Activity: 966
Merit: 506
January 25, 2017, 09:01:24 AM
#28
Since Bitcoin is  not tied to any country, it's hard to tell if the US dollar will have a direct affect on the price of Bitcoin. I think the US economy in general may have an affect since it influences economies around the world.

But we always compare bitcoin price with dollars. Like 1 bitcoin is that much dollars. So if dollar value decreases, bitcoin will be worth more dollars and will be more stronger. It is however indirectly related. Smiley
hero member
Activity: 868
Merit: 503
January 24, 2017, 07:41:09 PM
#27
bitcoin is affected by the power of the trades behind and the stupidity of those traders.  look at yobit and the trump coin.  they are still trying to pull that one out of their ass after being directly told that the private exchanges not only full dumped the coin, they denied its future inclusion in trade sessions, and, as the price falls, they are still trying to maintain a price above white-trash coin.
hero member
Activity: 1008
Merit: 510
January 24, 2017, 07:38:25 PM
#26
Since Bitcoin is  not tied to any country, it's hard to tell if the US dollar will have a direct affect on the price of Bitcoin. I think the US economy in general may have an affect since it influences economies around the world.
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