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Topic: What if US Dollar Crashes? - page 13. (Read 57086 times)

sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 04, 2016, 03:12:18 AM
If the dollar crashes btc will be king and we'll all be wealthy beyond our wildest dreams.
I don't if that will exactly what will happen, but I am positive that the adopters of bitcoin will increase since people will move their money with bitcoin that would result to possible increase of it's value.
member
Activity: 100
Merit: 10
leaking all info
December 03, 2016, 05:30:57 PM
If the dollar crashes btc will be king and we'll all be wealthy beyond our wildest dreams.
sr. member
Activity: 1400
Merit: 283
December 03, 2016, 05:09:23 PM
If US Dollar Crashes that does not mean that they are going to switch to using bitcoin , they can change their money into other currency like euros or pound, because as far as i know government can't control bitcoin so they won't allow it, if anything happens and they have to change to using crypto currency they would invent a new one rather than switching to bitcoin.
hero member
Activity: 3080
Merit: 603
December 03, 2016, 05:07:19 PM
Experts do not undertake to predict, but are doing tests on the basis of economic data and taking into account the global crisis trends. Why not a stable dollar. The crisis in the economy has not only in one country, but all over the world. This is due to the fall in oil prices, and many other factors.

And US is biggest contributor for the crisis, so if their dollar crashes most of us will be affected even we are in the bitcoin sector. Because majority of the countries are depending to the economy of US. That's also because their debt now with China is becoming larger, that's why they want to start war to whomever. Because it can make their economy boost again.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
December 03, 2016, 11:17:00 AM
If the US dollar crashes, the world would be in total chaos.
Countries would be fighting to see whose currency replaced the dollar,
stock markets would lose a ton of value overnight,
people would be scrambling to buy gold, silver and other precious metal

The US dollar will crash only when the US itself collapses or loses almost all of its influence. This is not likely to happen any time soon unless Trump does something really stupid, and the States start declaring independence for real, i.e. not what we see now, though what we see today may be only a prelude to more dramatic events lying ahead. Apart from the US imploding on its own, there are also external events like an armed conflict between, say, China and the US somewhere in Maritime Southeast Asia or over Taiwan that could eventually undermine the monopoly of the US dollar...

But such events may not actually help Bitcoin since people will search safety in hard assets like precious metals

The price of Bitcoin might skyrocket as people looked for a place to put their US currency before it lost all value.
But the world's financial system would need to do a total re-adjustment, so there is no telling what the outcome would be.

That's almost a certainty unless we experience a collapse after which ammo will be used as a means of payment
hero member
Activity: 560
Merit: 500
December 03, 2016, 09:07:41 AM
Before we would even consider dollar in deep mess the more fragile currencies would have to fail. Like China, Japan, Germany etc etc. So if a dollar will be falling it will not matter anything anymore, as a whole world will already be in huge problems.
full member
Activity: 149
Merit: 100
December 03, 2016, 06:48:47 AM
Experts do not undertake to predict, but are doing tests on the basis of economic data and taking into account the global crisis trends. Why not a stable dollar. The crisis in the economy has not only in one country, but all over the world. This is due to the fall in oil prices, and many other factors.
sr. member
Activity: 284
Merit: 250
December 03, 2016, 05:57:34 AM
If the US dollar crashes, the world would be in total chaos.
Countries would be fighting to see whose currency replaced the dollar,
stock markets would lose a ton of value overnight,
people would be scrambling to buy gold, silver and other precious metal.

The price of Bitcoin might skyrocket as people looked for a place to put their US currency before it lost all value.
But the world's financial system would need to do a total re-adjustment, so there is no telling what the outcome would be.
It is time for Washington to make clear that restrain the appetites would not hurt. And just know that to live long, not caring about what more he became or less. How many times the world has witnessed how the money ended up in the US treasury? Countless. And every time the debt ceiling, which can live happily ever after, raised to new heights. Now it has more than 18 trillion. Still not enough.
sr. member
Activity: 263
Merit: 250
December 03, 2016, 05:24:47 AM
if US Dollar crushes, which I don't think is going to happen, and yeah I know that US Debt is pretty high, but still, USD is backed by a lot of money.

You asked what if it crushes, then it is going to make a panic attack over the world, which will probably make people to switch to other unusual currencies, maybe people are going to trade with gold and silver, and of course , bitcoin's price is going to go a lot higher, as a lot of people are going to search for alternatives, if it happens, it is maybe going to best chance of bitcoin to grow up massively.

To date, the dollar on all trading markets do not fall, and wait what will fall in the near future is coming from. Therefore, I am sure that everything will be stable. While Bitcoin is not dependent on the dollar.
To support the yuan, Beijing "reset" US securities. The dollar then do not say that much weakened, just more holding. But oil has gone up. Hence, the "green" should be very soon on yourself feel it.
full member
Activity: 223
Merit: 250
December 03, 2016, 04:56:55 AM
if US Dollar crushes, which I don't think is going to happen, and yeah I know that US Debt is pretty high, but still, USD is backed by a lot of money.

You asked what if it crushes, then it is going to make a panic attack over the world, which will probably make people to switch to other unusual currencies, maybe people are going to trade with gold and silver, and of course , bitcoin's price is going to go a lot higher, as a lot of people are going to search for alternatives, if it happens, it is maybe going to best chance of bitcoin to grow up massively.

To date, the dollar on all trading markets do not fall, and wait what will fall in the near future is coming from. Therefore, I am sure that everything will be stable. While Bitcoin is not dependent on the dollar.
full member
Activity: 238
Merit: 100
December 03, 2016, 04:33:10 AM
if US Dollar crushes, which I don't think is going to happen, and yeah I know that US Debt is pretty high, but still, USD is backed by a lot of money.

You asked what if it crushes, then it is going to make a panic attack over the world, which will probably make people to switch to other unusual currencies, maybe people are going to trade with gold and silver, and of course , bitcoin's price is going to go a lot higher, as a lot of people are going to search for alternatives, if it happens, it is maybe going to best chance of bitcoin to grow up massively.
sr. member
Activity: 434
Merit: 250
December 03, 2016, 04:30:53 AM
If the US dollar crashes, the world would be in total chaos.
Countries would be fighting to see whose currency replaced the dollar,
stock markets would lose a ton of value overnight,
people would be scrambling to buy gold, silver and other precious metal.

The price of Bitcoin might skyrocket as people looked for a place to put their US currency before it lost all value.
But the world's financial system would need to do a total re-adjustment, so there is no telling what the outcome would be.
full member
Activity: 185
Merit: 100
December 03, 2016, 04:23:43 AM
If the dollar crashes would certainly have an impact on other currencies, obvious it will make the price of other currencies will increase. But I do not know whether the impact will affect the bitcoin overall Huh Huh
A little bit I do not understand the motives of talk about complete replacement of money for Bitcoin. The dollar is the currency of the world, and Bitcoin only 2% of the world's population.
sr. member
Activity: 714
Merit: 250
November 26, 2016, 08:05:29 AM
If the dollar crashes would certainly have an impact on other currencies, obvious it will make the price of other currencies will increase. But I do not know whether the impact will affect the bitcoin overall Huh Huh
hero member
Activity: 3038
Merit: 634
November 26, 2016, 05:55:26 AM
If the dollar drops in value, people will be looking for an alternative place to store their money. This could be good for Bitcoin if people move their money into it. The price should rise in this situation.
And that is simply with bitcoin, people believe in bitcoin at least those who adopted. So instead of putting their money in the bank, they will pull that out and put in bitcoin.

I don't think that this is going to be a good thing for bitcoin if dollar crashes. Because the value of bitcoin depends on dollar.

So this will have a domino effect and all the currencies that are all depending with US dollar will also be affected so bitcoin will be affected too.

And I don't think people will be able to put there money in bitcoin instead they will not going to use their money but store it to their vaults.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
November 25, 2016, 11:20:13 PM
If the dollar drops in value, people will be looking for an alternative place to store their money. This could be good for Bitcoin if people move their money into it. The price should rise in this situation.
And that is simply with bitcoin, people believe in bitcoin at least those who adopted. So instead of putting their money in the bank, they will pull that out and put in bitcoin.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
November 25, 2016, 07:59:26 PM
If the dollar drops in value, people will be looking for an alternative place to store their money. This could be good for Bitcoin if people move their money into it. The price should rise in this situation.
sr. member
Activity: 462
Merit: 250
November 25, 2016, 07:56:12 PM
Currently there is no currency that can fight agaisnt bitcoin, there isnt a fiat with such power as bitcoin soo others will affect only if you do wanna to invest into something into another currencie. Dollars is reacting well to the Trump, something people were a bit ceptic to know what would happen if he wins, i do believe dollar will get more powerful over the next years.

I also think like you, now dollar and bitcoin both have no comparison with other currencies and also with each other, It is right now many other currencies are here, but they never want comparison with dollar, and still dollar is a power currency and all over the world it is use easily, and also in the coming years, i will see dollar will be more than stronger currency.    
people are just giving wrong argument about currencies as bitcoin is not to be compare with other crypto or fiat currency, we even cannot compare it with USD, as USD is a stable currency and it can mantain its position for year.s
hero member
Activity: 742
Merit: 526
November 25, 2016, 05:03:47 PM
It has been months, but this crash has not yet happened... If this happens, people will look for other alternatives, and Bitcoin is certainly the right way.
Even so Bitcoin is having good results in the market, it probably means that Bitcoin does not depend on a dollar crash to succeed, and I think the btc upward trend, for this year, is not over yet.
More for a month, and for the currency market is long enough, so really you can expect positive growth. But the dollar is stable to stand still. This is the currency that has the leverage.

And upon Trump's won, the dollars market now is been increasing which is probably good to all of us who are in bitcoin economy.

Because its value has been dependent with dollars value, this is because of the investors from different countries went back to US as Trump promised.

That he will empower the economy and give priority to his constituents. So this crash is unlikely going to happen with Trump's administration.

Wow....I couldn't disagree more.  Reducing taxes for the very rich, abolishing freetrade agreements, and deficit spending to fund infrastructure projects may create some jobs in the short term....but in the long run, it will only hurt the economy.  Trickle down economics has proven to be destructive to the economy time and time again, and Trump's version is even worse!  The rich are for the rich, so if you're not one of the 540 US billionaires, then you're pretty much going to be wishing you voted for somebody else....Mark my words here.

The Fed had obviously been expecting Hillary to win, and they are said to have been planning to buy stocks for dollars that they also happen to be printing. Therefore, she most certainly would be pouring even more aeroplane money into economy than what Trump might ever dream of. On the flipside though, health insurance and social benefits are for pussies and Europeans, dying destitute in the streets or under the bridge is the American way of life.
legendary
Activity: 1176
Merit: 1017
November 25, 2016, 03:21:15 PM
It has been months, but this crash has not yet happened... If this happens, people will look for other alternatives, and Bitcoin is certainly the right way.
Even so Bitcoin is having good results in the market, it probably means that Bitcoin does not depend on a dollar crash to succeed, and I think the btc upward trend, for this year, is not over yet.
More for a month, and for the currency market is long enough, so really you can expect positive growth. But the dollar is stable to stand still. This is the currency that has the leverage.

And upon Trump's won, the dollars market now is been increasing which is probably good to all of us who are in bitcoin economy.

Because its value has been dependent with dollars value, this is because of the investors from different countries went back to US as Trump promised.

That he will empower the economy and give priority to his constituents. So this crash is unlikely going to happen with Trump's administration.

Wow....I couldn't disagree more.  Reducing taxes for the very rich, abolishing freetrade agreements, and deficit spending to fund infrastructure projects may create some jobs in the short term....but in the long run, it will only hurt the economy.  Trickle down economics has proven to be destructive to the economy time and time again, and Trump's version is even worse!  The rich are for the rich, so if you're not one of the 540 US billionaires, then you're pretty much going to be wishing you voted for somebody else....Mark my words here.
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