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Topic: USD will crash before BTC (Read 815 times)

hero member
Activity: 1064
Merit: 500
January 18, 2019, 05:18:44 AM
#73
Let's see, BTC has crash but recovers, I don't know if USD will recover, so much non transparency with USD.
I hope by that time it will lead to people putting their money in crypto, so we will have a new generation of money that is more transparent and decentralized.

I am not sure that the USA dollar will crash before Bitcoin. It is still the most desired currency in many countries. Billions trust it and buy it. I also believe that BTC will have the greatest future.
full member
Activity: 924
Merit: 220
January 16, 2019, 11:50:25 PM
#72
Let's see, BTC has crash but recovers, I don't know if USD will recover, so much non transparency with USD.
I hope by that time it will lead to people putting their money in crypto, so we will have a new generation of money that is more transparent and decentralized.
I do not think USD will going to collapse because the currency is one of the strongest currency in the whole world. I doubt that great leaders will allow this to happen in a country where he/she belong. If I were to chose which currency is stronger between bitcoin and USD then I prefer USD. As we all know that BTC is not really that helpful compared to USD when it comes to exchange. BTC is just and alternative but that is also consider important.
member
Activity: 446
Merit: 12
BitbondSTO.com | Germany’s First STO
January 16, 2019, 07:50:06 PM
#71
the money that continues to grow is due to interest, this is what causes the debt debt to be so large. So 90% is interest, then 10% is the original debt. One thing I want to ask about this debt is. To whom do they pay the debt?
legendary
Activity: 1834
Merit: 1003
January 16, 2019, 06:34:20 PM
#70
After 2008 financial crisis economists started to ask questioning sustainability of USA $. Btc is still not used as storing of value like safe assets(gold,silver). $ inflation rate increases every single day and dominance by USA protects it against any alternative currency. Honestly i can't find good alternative to the strongest currency of world and count table of USA debt already passed trillions.. It looks like  World war 3 is not far away..
member
Activity: 434
Merit: 10
January 16, 2019, 06:06:17 PM
#69
A USD has always been popular in the dollar even in any country you know it's really and globally. until now even if it's any currency in it still stands USD no change it goes down or its rate value rises. and when bitcoin arrives better cryptocurrency across the country, it is now well supplied profits and good benefits to all and provides a good rated value compared to the dollar and its still poppular worldwide as a bitcoin a cryptocurrency known as digital and virtual. so sometimes we can not stop thinking bad about people who are not familiar with a bitcoin, but they do not know that after all the bitcoin is one of the best currency in the world.
copper member
Activity: 70
Merit: 2
January 15, 2019, 07:50:06 PM
#68
With the USD as the global base currency i'd ask you this one question. Which currency will take it place? Can one truly say it's BTC?
hero member
Activity: 3010
Merit: 604
January 15, 2019, 07:21:01 PM
#67
Everything about what they write in these articles seems to be true, and that is why we should focus all our efforts on having our own cryptocurrencies as much as possible, because this is exactly what can bring us very significant profits in the near future, , and in particular Bitcoin - this is what will be the basis of the future digital economy.
For me,usd will not just crash as easy as we expect.It has already build a strong foundation and is supported by most of the citizens.But for us in this crypto community,it would be more great and profitable if we can see bitcoin will survive along the way.I know it will bound to happen if we start promoting bitcoin now and be accepted in all countries of the world.
hero member
Activity: 1082
Merit: 502
January 15, 2019, 03:33:15 AM
#66
Everything about what they write in these articles seems to be true, and that is why we should focus all our efforts on having our own cryptocurrencies as much as possible, because this is exactly what can bring us very significant profits in the near future, , and in particular Bitcoin - this is what will be the basis of the future digital economy.
hero member
Activity: 2772
Merit: 634
January 15, 2019, 02:32:26 AM
#65
Let's see, BTC has crash but recovers, I don't know if USD will recover, so much non transparency with USD.
If you go for studying the past incidents then you will easily find out how easily US government went for bailing out their own currency hence USD may get recovery than anything else. I guess all government will try for that with their all available resources. Here, transparency is not at all a criteria.

I hope by that time it will lead to people putting their money in crypto, so we will have a new generation of money that is more transparent and decentralized.
Obviously most investors will rush for alternate investments and in this modern time, bitcoin will be their first choice unlike traditional investor was doing with gold. Please understand transparency and benefits of decentralization concepts are only for long term adopter but definitely not for institutional investors. They will just look into how much returns they may get and then they go for some other opportunities.
hero member
Activity: 2898
Merit: 612
January 14, 2019, 11:59:29 PM
#64
Let's see, BTC has crash but recovers, I don't know if USD will recover, so much non transparency with USD.
I hope by that time it will lead to people putting their money in crypto, so we will have a new generation of money that is more transparent and decentralized.
member
Activity: 756
Merit: 12
January 14, 2019, 09:17:19 PM
#63
I am agree that stocks market is pumped by The Fed. We know when economic crisis happen in 2008, stocks market fall and The Fed make intervention in market by flooding money and its make stocks price rising and reach new high index price.
Bitcoin still good alternative compare USD because bitcoin having limited supply and i am believe the price will reach new high in near future
hero member
Activity: 2870
Merit: 642
January 14, 2019, 11:11:44 AM
#62
I have read some of your replies in different pages and I think it is for the good which you are tackling here.

One of it is when bitcoin is used like a normal money. But there is one problem there. How could it happen if people who uses bitcoin are still under the spell of USD.

"Hey can I pay you with bitcoin?"
"Yes you can. Wait, I will convert it to USD."

That is one problem which cannot be solved up until now.

Back to USD crashing. The World Bank as you say. Who really owns it? Yes USD might crash but it will stay. Next time when it falls, we will be converting bitcoin into EURO. No changes at all. I am not really a pessimistic guy but it will take long before we could use it without even converting to other fiat.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 14, 2019, 08:34:58 AM
#61
For some time I have thought the same but what if people are so dumb they never wake up and the FED can in fact keep printing money forever? I know it does not seem likely because in theory there needs to be some limit to the amount of manipulation they can exercise, but if people do not wake up to that fact despite the huge amount of money the FED is printing then I do not know what they will need to wake up.

Well dude, that's likely going to be the case. Fiat has such strong foundation and goverment support that it'll take a really major happening for it to even start declining. At this point, the likelihood of btc crashing is far higher than usd.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 10, 2019, 04:48:53 PM
#60
For some time I have thought the same but what if people are so dumb they never wake up and the FED can in fact keep printing money forever? I know it does not seem likely because in theory there needs to be some limit to the amount of manipulation they can exercise, but if people do not wake up to that fact despite the huge amount of money the FED is printing then I do not know what they will need to wake up.
full member
Activity: 756
Merit: 102
January 10, 2019, 07:30:42 AM
#59
Why BTC will not crash together with USD?

Imagine USD crashes and is worth next to nothing. Why would you swap your BTC back for USD?
But, you could swap it for carrots at local farm to feed your family.

(I'm not saying in this post that USD will crash or not)

Quote
Imagine USD crashes and is worth next to nothing. Why would you swap your BTC back for USD?

every country has its own currency and they can still swap back thier btc to a local currency aside from usd  .

Quote
you could swap it for carrots at local farm to feed your family.

btc ?  not all can recognized it especially if you will trade it on a farmer .


Quote
USD will crash before BTC

usd is already stable but it can decline a little percent and that cant be considered a crash because based on what i understand a crash is a major dump in the price  . 
copper member
Activity: 182
Merit: 18
Crypto.BI
January 10, 2019, 06:57:30 AM
#58
When I was New into crpto I used to get all worked up and restless each time I read this type of article and then start packing up .
I believe so many people are still like me now.
According to the article it says that use would crash before bitcoin.
The thing is I hardly believe 100% the prediction again because the volatility nature of Cryptocurrency has a way of making mess of the hard work of analysts.

Crypto volatility is due to low adoption.

When coffee, taxi, hotels, rent, groceries begin to be paid in Bitcoin it'll acquire a more stable value.

Someone at some point decided a coffee was worth a dollar. This wasn't magical, it was a natural market thing. Someone said gimme that dollar, here have your coffee. The same will happen for BTC soon.

Its Difficult not too agree with you!! but the financial world is just a puzzle always going to have its down time, just dont be cut on the wrong side

Or maybe this is just one warning we all need to heed. The world economy is a big thing you know.

Only a few people will say this and nobody will believe and then one day it will all turn out to be true.

Before 2008 several people warned that deregulation of subprime loans would lead to a crash. Clinton deregulated during his last days in office and during the Bush years this deregulation became a snowball. The rest is History.

How did they "solve" the banking heist? WE paid banks for their theft. We paid.

How did they get the economy to "grow" again? By printing money. Tens of trillions of money.

That's the new problem now, it's a ponzi scheme again. WE are paying again. Everyone's working ten times more than 30 years ago just to keep the same living standards.

10 to 20 years from now people will work 24x7 just to keep the ponzi scheme afloat. While the FED and friends continue to print money for the world's 15 richest families who control the other 7 billion people's money.

Why BTC will not crash together with USD?

Imagine USD crashes and is worth next to nothing. Why would you swap your BTC back for USD?
But, you could swap it for carrots at local farm to feed your family.
Can you imagine real BTC value if it's only thing (except Gold and Silver) that you can swap for food? It would be TREMENDOUS (in terms of purchasing power, not USD value).

(I'm not saying in this post that USD will crash or not)

The U$ value of BTC will surely become a mess during the crash but eventually people will begin to pay for daily stuff in BTC. Hey can I pay this month's rent in BTC? Sure! Can I pay for a week of groceries using BTC? Sure! That's when BTC becomes widespread and the USD slowly fades into the past.

Anything that is rare and which can be transferred easily can be used as currency. Gold is rare. Diamonds are rare. Bitcoin is rare.

FED-printed money is not rare. The FED prints as much of it as the bankers want.
copper member
Activity: 308
Merit: 1
Veil
January 10, 2019, 04:29:35 AM
#57
When I was New into crpto I used to get all worked up and restless each time I read this type of article and then start packing up .
I believe so many people are still like me now.
According to the article it says that use would crash before bitcoin.
The thing is I hardly believe 100% the prediction again because the volatility nature of Cryptocurrency has a way of making mess of the hard work of analysts.
full member
Activity: 1050
Merit: 100
January 10, 2019, 02:37:08 AM
#56
Anything can happen in the future, not all people know about this possibility but it's important not to trust banks alone with your money.
Crypto is here to help us, here things are transparent and when they add to the supply we will know, banks does not tell things like that to us as they simply manipulated us.
right, indeed nobody knows for all that. but what is clear is that Bitcoin is welcomed with pros and cons, so there are still many who maintain a conventional system, because they do not want to be disturbed by their comfort
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
January 10, 2019, 01:06:35 AM
#55
Anything can happen in the future, not all people know about this possibility but it's important not to trust banks alone with your money.
Crypto is here to help us, here things are transparent and when they add to the supply we will know, banks does not tell things like that to us as they simply manipulated us.
newbie
Activity: 4
Merit: 0
January 09, 2019, 09:28:02 PM
#54
Why BTC will not crash together with USD?

Imagine USD crashes and is worth next to nothing. Why would you swap your BTC back for USD?
But, you could swap it for carrots at local farm to feed your family.
Can you imagine real BTC value if it's only thing (except Gold and Silver) that you can swap for food? It would be TREMENDOUS (in terms of purchasing power, not USD value).

(I'm not saying in this post that USD will crash or not)
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