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Topic: What if US Dollar Crashes? - page 15. (Read 57116 times)

hero member
Activity: 1316
Merit: 561
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November 14, 2016, 01:23:28 PM
Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.
No. If there is a big crash on USD, I believe that it will apparently affect Bitcoin in a positive way. When dollar crashes, many people will decide to hold Bitcoin instead of FIAT because once dollar goes down, the other FIAT currencies will likely drop down with it. And Bitcoin - the cryptocurrency - will rise and become a strong currency in the world which can easily replace the world. However, I doubt that USD can crash. In fact, America is the most powerful country so i think they will have a plan to regulate their economy as soon as posible
sr. member
Activity: 270
Merit: 250
November 14, 2016, 12:14:51 PM
I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?
The dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.

Dollar is only a currency, it is not wealth in and of itself (unlike gold). If it should disappear without trace one day, the world won't stop moving. The void may cause some unexpected setbacks in the international trade, but very soon some other currency will take its place, for example, Euro or the Chinese Yuan (and no, Bitcoin doesn't cut it yet). In fact, a few big countries have already given up using the US dollar as the currency for settling accounts between them. Russia and China, for example, trade between themselves using the Chinese Yuan, if I'm not mistaken...

In short, the throne is never empty
So better to make coins in ancient times, gold and silver, and then it will not only exchange items, but also wealth.
legendary
Activity: 3514
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November 14, 2016, 02:24:05 AM
I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?
The dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.

Dollar is only a currency, it is not wealth in and of itself (unlike gold). If it should disappear without trace one day, the world won't stop moving. The void may cause some unexpected setbacks in the international trade, but very soon some other currency will take its place, for example, Euro or the Chinese Yuan (and no, Bitcoin doesn't cut it yet). In fact, a few big countries have already given up using the US dollar as the currency for settling accounts between them. Russia and China, for example, trade between themselves using the Chinese Yuan, if I'm not mistaken...

In short, the throne is never empty
full member
Activity: 138
Merit: 100
November 14, 2016, 01:36:02 AM
I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?
The dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.
hero member
Activity: 854
Merit: 500
November 13, 2016, 03:21:27 AM
well before it comes im pretty sure our primary currency is bitcoin where we can digitally buy our needs in life through cryptocurrency and one more thing bitcoin currency graph is not stable it may be raise or it may be down . much better if you invest your money in bitcoin so that we can have to make a future together with bitcoin. i really like btc because it has no tax in our country and we can connect to each other without any traffic because btc is a crypto currency where we are anonymously can send and receive money to each other
full member
Activity: 126
Merit: 100
November 12, 2016, 05:22:03 PM
If it crashes short JPY pairs and BUY gold, bitcoin too
hero member
Activity: 868
Merit: 500
November 12, 2016, 11:50:33 AM
Bitcoin its a decentralized currencie, neither dollar or euro does really affect bitcoin, even if the price changes it isnt directly with bitcoin, even with the main currency traded against bitcoin its currently dollar.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 12, 2016, 11:15:35 AM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.
it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.
agree with you that USD is very stable and it is difficult to crash, but suppose it crash the it will really effect bitcoin also. as we are using USD for converting bitcoin into or for buying bitcoin, therefore to me bitcoin will also be effected a lot if USD crash.

This is only an illusion that Bitcoin depends on the US dollar. Just because we see it everywhere denominated in dollars, it doesn't in the least mean that its price is determined only by the American dollar. On the other hand, the US dollar cannot crash in vacuum, technically speaking. When it drops or rises, it drops or rises against a basket of other major currencies. In this way, the effect that a crashing dollar might have on the Bitcoin price would ultimately depend on two main factors. The first factor consists in which currencies the dollar drops against, while the second one consists in how much and to what degree these other currencies (for example, the Chinese Yuan) determine the Bitcoin price themselves...

Obviously, if the dollar crashes against all major currencies, then Bitcoin price should surge (provided all other things are kept the same)
sr. member
Activity: 462
Merit: 250
November 12, 2016, 10:52:17 AM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.


Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.
it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.
agree with you that USD is very stable and it is difficult to crash, but suppose it crash the it will really effect bitcoin also. as we are using USD for converting bitcoin into or for buying bitcoin, therefore to me bitcoin will also be effected a lot if USD crash.
hero member
Activity: 742
Merit: 526
November 12, 2016, 05:26:51 AM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.


Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.
it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.

Could you specify which most countries depend on the US dollar and how exactly?

I'm familiar with only few ways in which a nation can depend on another nation's currency. In the majority of cases this happens when this country is trading exclusively with the other country or through another such country. That seems to be the reason why a few small Latin-American countries such as Honduras and Panama adopted the US dollar as their national currency, specifically, due to their exports going primarily to the US markets.
legendary
Activity: 3248
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November 12, 2016, 01:11:45 AM
This would affect the money market negatively world over  as most currencies would gain value including bitcoins Huh
That would definitely happen as USA is a big country and they have a lot of investment all over the world, so probably the crypto world will also be affected. I hope it will not happen since when a big country collapse more will be affected.
hero member
Activity: 686
Merit: 521
November 12, 2016, 12:27:02 AM
This would affect the money market negatively world over  as most currencies would gain value including bitcoins Huh
MMA
legendary
Activity: 1134
Merit: 1000
November 12, 2016, 12:21:16 AM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.


Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.
it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.
hero member
Activity: 952
Merit: 500
November 11, 2016, 10:55:35 PM
Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.
You are right its never been depended on any currency but my question is is this possible that Dollar crashes because I am not sure its going to happen in near future because its going to handle many things
Never believe that dollar will crash unless you can see a proof that would convince you to make it happen, in our world here in crypto, we are compose of different countries meeting with one interest, so probably we will also be affected and the price of bitcoin might crash if dollars crash.
sr. member
Activity: 700
Merit: 251
November 11, 2016, 02:31:50 PM
Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.
You are right its never been depended on any currency but my question is is this possible that Dollar crashes because I am not sure its going to happen in near future because its going to handle many things
hero member
Activity: 742
Merit: 500
November 11, 2016, 02:26:05 PM
Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
November 11, 2016, 01:44:25 PM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

US dollar is real money and bitcoin is just alternative currency we can replace us dollar and it can not crash the usd because of bitcoin..
Bitcoin is a good alternative only that we can use for now but few merchants and sites are accepting and expecting more in the future that more adoption and more stores will accept bitcoin..
legendary
Activity: 2646
Merit: 1106
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November 11, 2016, 11:29:30 AM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.


Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.
hero member
Activity: 644
Merit: 500
November 11, 2016, 10:59:15 AM
People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.
That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.
Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.
legendary
Activity: 1232
Merit: 1000
November 11, 2016, 10:56:00 AM
Everything will be digital currency within our lifetime.  its a natural progression.

The future may be digital, but it may be digital fiat as well.
If the dollar crashes, it won't matter if it is held electronically or in the paper form.
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