TRUMP - DOLLAR - page 2. | Bitcointalksearch.org

aesma

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Cyprus is an Euro country.

Quote from: alyssa85 on January 23, 2017, 09:15:55 AM

If Trump's budget is expansionary, they'll raise rates even faster. Other countries arn't raising rates, so the dollar will strengthen. It is as simple as parking your money where the interest rates are high but also secure.

If Trump spends like there is no tomorrow, I wouldn't call US bonds secure. High inflation means bonds are worth less.

Sundark

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Quote from: bamboylee on January 24, 2017, 12:40:56 PM

Currency value is not the single factor that determines if the state of the country is strong or not. US Dollar going down or up is not the single factor that can cause bitcoin value to go up or down.

The only factor I deem worthy of being indicator of strength of currency is its purchasing power.
Many small countries with weak economy adopted US dollar as their currency, for instance Cyprus is using GBP and Ecuador, El Salvador or Palau use USD.

bamboylee

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Currency value is not the single factor that determines if the state of the country is strong or not. US Dollar going down or up is not the single factor that can cause bitcoin value to go up or down.

Shady

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Life is a game, you either play it or get played.

Just lik with precious metals reducing or climbing based on currency standard, it's acceptable to assume both and the latter will shoot up with the same circumstances.

It's unlikely to predict that it'll always be this way, just be sure to stick with the long term and adopt new technologies as they come in.

MWesterweele

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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.

bittraffic

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Quote from: davis196 on January 23, 2017, 07:46:34 AM

Quote from: alichang on January 23, 2017, 06:22:11 AM

Dollar is going down again..

Is this positive for bitcoin price?

MOON ?

Maybe this has something to do with all the Anti-Trump protests in the USA. Grin

I think that the US dollar has less influence over the bitcoin price,compared with the past few years.

Maybe so. They probably make it like Trump is going to make US economy worse just so he will look stupid to the people. He kinda look he is though Grin

Too early to say he'd not make it. The guy is old enough in the business so he must have mastered economics already.

justdimin

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Quote from: alichang on January 23, 2017, 06:22:11 AM

Dollar is going down again..

How you will be sure about American dollars are going to down ?
The new president will never let his own currency going down. Even there would be some strict formulation for better economy, but surely not long term basis. Dllars may get strong in long term.

Quote from: alichang on January 23, 2017, 06:22:11 AM

Is this positive for bitcoin price?

As per fundamental relationship : if dollars goes down, bitcoin will find its up surge.

Pab

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Trade war between USA and China,bitcoin up,taxing companys what are manufacturing out of USA,for example usa automakers suppliers are not in usa,so price will rise in USA,inflation,so fed will need rise rates,dollar up,on other hand it may cause problems on derivatives market,big.chaos
By my opinion dollar price is not importent for btc,last time we had high on dollar and rising btc price
More importent are regulatins of btc trading in China.It is positive becouse that way Cinise regulators are accepting bitcoins.If will longer stabilisation on 900$ i think we can see 1800$-2200$ .It will be crazy year for world

Danimore

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I believe USD will be stronger in this year because Trump wants the US to be great to overcome china so Bitcoin will be effected on the rising way.
No need to worry about this.

JariKriting

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after trump win in US president election
one month later US dollar is strong and incraese value, and bitcoin go the moon too
after trump inauguration US dollw is down price value, but bitcoin still incraese not down in follow dollar trend

Tanic

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Quote from: davis196 on January 23, 2017, 07:46:34 AM

Quote from: alichang on January 23, 2017, 06:22:11 AM

Dollar is going down again..

Is this positive for bitcoin price?

MOON ?

Maybe this has something to do with all the Anti-Trump protests in the USA. Grin

I think that the US dollar has less influence over the bitcoin price,compared with the past few years.

I'm sure that dollar fell exactly cause of anti-Trump protests, but the fall is basically not so much. Dollar just get used to it's price is growing non stop and it's kinda rule the world. Maybe that's the time came to some other currency change Dallas in it's world's position? Bitcoin, for example Roll Eyes

Raimonn

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I don't expect that dollar will go down I think that dollar will be an strong currency on next year, but with Trump all can change with a few tweets. If he don't stop using twitter like now, dollar can have an high volatibility against Rmb.
For now, I think that Rmb going down afects more the bitcoin price, than dollar.

NUFCrichard

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Quote from: alichang on January 23, 2017, 06:22:11 AM

Dollar is going down again..

Is this positive for bitcoin price?

MOON ?

The dollar has been at record highs whilst Bitcoin has been rising.
That is the reason given for the Chinese moving their money into bitcoin, so that they don't lose out by the Yuan falling (as well as avoiding capital controls)

If the dollar weakens, as it looks like it may, then I can't see that as price positive.

n0ne

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Dollar falling down doesn't mean that bitcoin is gaining positive energy towards higher growth level. When bitcoin price increases along with the growth of dollar then we can say that bitcoin is gaining potential towards a new level. This happens when bitcoin gets a relative growth against world market than the Chinese economy.

darkangel11

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Quote from: Seansky on January 23, 2017, 06:53:44 AM

Dollar's price falling down in my opinion cannot cause bitcoin's price to rise high, but it will surely cause some pumps in it since the dollars price will fall therefore there's a possibility that the conversion of bitcoin to dollars will go up a little bit since the change in dollars price also is a little bit less than what it's value in the past weeks. Let's just wait and see what effects it might bring to bitcoin's price but all it will bring IMO is good.

It can if the falling prices actually mean something is wrong with the state of the country. If falling prices are caused by uncertainty then what you're saying is true, but think of an extreme example like war or a banking crisis (think Cyprus). People will run to a safer currencies and bitcoin will be viewed as one.

maker88

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Quote from: Shiroslullaby on January 23, 2017, 06:33:40 AM

I think the main thing to watch will be US dollar in relation to Chinese Yuan Renminbi, and any trade policies announce by Donald Trump in relation to China and Mexico.
US stock markets closed up on Friday and have been doing well the last few months, but there are probably some BIG changes coming in policy.
Energy and manufacturing companies are expecting relaxed environmental regulations under the new administration, and Trump has promised to tax companies who make products outside the US.

Not sure what all this means for the price of the dollar because I'm no financial expert, but things are definitely going to change.
Hopefully the new staff can continue the slight recovery the economy has made over the last nine years from the 2008 financial crash.

How much the US economy and the price of the dollar influences the price of Bitcoin is definitely an interesting discussion.

Whether he will actually tax other countries goods remains to be seen. He is a pathological liar. He already said that he would help working class people but his first act as president was to increase the cost of mortgage insurance, a move that will benefit only insurance Companies and be abother burden to the working class. All his own products are made in other countries, he's not going to tax himself out of profits, ever. He's in this to make himself money and that is all.

BingoDog

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I wouldn't say that dollar is closley connected to bitcoin and that this will influence the bitcoin price. Also I don't beleive that Trump and his policy has something to do with bitcoin and that will affect it in positive or negative way. If bitcoin will pump or dump this will not depend on Trump.

manselr

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Quote from: alichang on January 23, 2017, 06:22:11 AM

Dollar is going down again..

Is this positive for bitcoin price?

MOON ?

It's clear that the Trump hype is quickly starting to face. Trump is going to be a DISASTER. He is a master conman and has tricked all those people into getting him ellected. And before some Trump supporter calls me a Hillary supporter or something... no, Hillary was trash too.

Trump is a great businessman but he is not fit for politics, he is too impulsive, he is going to fuck up badly during the next 4 years and this is good news for bitcoin and gold holders so it's not like im going to complain about it.

MatDerKater

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Quote from: Shiroslullaby on January 23, 2017, 06:33:40 AM

I think the main thing to watch will be US dollar in relation to Chinese Yuan Renminbi, and any trade policies announce by Donald Trump in relation to China and Mexico.
US stock markets closed up on Friday and have been doing well the last few months, but there are probably some BIG changes coming in policy.
Energy and manufacturing companies are expecting relaxed environmental regulations under the new administration, and Trump has promised to tax companies who make products outside the US.

Not sure what all this means for the price of the dollar because I'm no financial expert, but things are definitely going to change.
Hopefully the new staff can continue the slight recovery the economy has made over the last nine years from the 2008 financial crash.

How much the US economy and the price of the dollar influences the price of Bitcoin is definitely an interesting discussion.

I suspect Trump's presidency heralds the end of the 'strong dollar' (in comparison to all other currencies). Cheap Money is good for US exports, and good for Trump's personal wealth which is of course property market heavy. Last thing he wants is strong dollar and rising interest rates.

Trump is gonna be the president of BIG inflation, and therefore, an economic boom.....at least in terms of asset prices. BIG inflation means that Trumps debt gets wiped out in real terms (i.e. he gets loads loads of property for free) and it also wipes out America's foreign creditors holding long term US debt. Trump is also going to harm Chinese exports, and China are sitting on the precipice as it is.

Big big changes are coming.

Edit: Current Fed policy is to slowly raise rates and Yellen has two more years b4 Trump can rid of her and put his own man in....likely a roller coaster path ahead.

alyssa85

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Quote from: n2004al on January 23, 2017, 06:39:12 AM

Quote from: alichang on January 23, 2017, 06:22:11 AM

Dollar is going down again..

Is this positive for bitcoin price?

MOON ?

I think is a temporary movement. The plans of FED for this year about dollar are its increase of value and its equalization with euro. Then I think that the value of bitcoin is independent from the value of the fiat money. Have to do mainly with the spread of it or the desire of its community to have more. Maybe is affected a little but not to make possible the "moon" for bitcoin.

+1

The Fed has spotted inflation and is intent on raising interest rates three times this year. If Trump's budget is expansionary, they'll raise rates even faster. Other countries arn't raising rates, so the dollar will strengthen. It is as simple as parking your money where the interest rates are high but also secure.

Topic: TRUMP - DOLLAR - page 2. (Read 2368 times)