What if US Dollar Crashes? - page 23.

Altynbekova

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Quote from: gkv9 on October 08, 2016, 01:14:23 PM

Quote from: bitjoin on October 07, 2016, 06:23:22 AM

GBP still moving down, overnight we had a flash crash to £1.12 = $1 - pretty insane but i think we will go much lower. USD atm seems strong, cant be long now before it starts to move down though.

That's just because of the Brexit that took place, so GBP needs a lot of time to recover with their ongoing situations that they are currently facing...
Mark my words, the day Britain starts recovering hard, USD will remember the crash it will see against any currency just because of GBP...

I think brexit made it very hard for investors inside the EU to invest. Both the GBP and the EUR are taking a beating while other currencies like the dollar, yen but the swiss frank are profiting from this insecurity. The dollar have really gained in popularity.

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Quote from: bitjoin on October 07, 2016, 06:23:22 AM

GBP still moving down, overnight we had a flash crash to £1.12 = $1 - pretty insane but i think we will go much lower. USD atm seems strong, cant be long now before it starts to move down though.

That's just because of the Brexit that took place, so GBP needs a lot of time to recover with their ongoing situations that they are currently facing...
Mark my words, the day Britain starts recovering hard, USD will remember the crash it will see against any currency just because of GBP...

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Quote from: Vinz24 on October 08, 2016, 08:41:35 AM

Quote from: virusasog on October 07, 2016, 11:38:41 PM

Quote from: kollo99 on October 07, 2016, 03:10:18 PM

If the value of US Dollar crashed the economy of the entire world will also down as most of the countries depend on USD and their economy may also depend on bitcoin therefore if the USD crashed it will effect all most all the economies of the world.

Nope I do think so, because if we see the crises in US dollars it would affect the USA region only. I think other countries would be safe I'm their economic balance. I think USA government may adopt the bitcoin that time make as the national currency.

It happend before. Most countries are affected when the when the price of USD go down. On bitcoin side, i think the bitcoin will go up since more user will convert thier USD to bitcoin.

and still same is the situation as more and more countries economy is depending on USD, therefore if USD going to crash it means that the economy of the most of the countries will down, but as we can see that USD is the most strongest currency of the world in present time therefore it is not so easy that USD will crash.

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Quote from: virusasog on October 07, 2016, 11:38:41 PM

Quote from: kollo99 on October 07, 2016, 03:10:18 PM

If the value of US Dollar crashed the economy of the entire world will also down as most of the countries depend on USD and their economy may also depend on bitcoin therefore if the USD crashed it will effect all most all the economies of the world.

Nope I do think so, because if we see the crises in US dollars it would affect the USA region only. I think other countries would be safe I'm their economic balance. I think USA government may adopt the bitcoin that time make as the national currency.

It happend before. Most countries are affected when the when the price of USD go down. On bitcoin side, i think the bitcoin will go up since more user will convert thier USD to bitcoin.

virusasog

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Quote from: kollo99 on October 07, 2016, 03:10:18 PM

If the value of US Dollar crashed the economy of the entire world will also down as most of the countries depend on USD and their economy may also depend on bitcoin therefore if the USD crashed it will effect all most all the economies of the world.

Nope I do think so, because if we see the crises in US dollars it would affect the USA region only. I think other countries would be safe I'm their economic balance. I think USA government may adopt the bitcoin that time make as the national currency.

goldcoinminer

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Quote from: zimmah on October 07, 2016, 06:01:24 PM

not if, when.

the dollar will eventually crash t's just a question when.

and that would be good for crypto in general.

How can it be good in crypto in general when most of our investors here are from the US that is why we are using the US Dollar as our standard way to measure the value of bitcoins we are holding, I think the economy of bitcoin will also crash.

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not if, when.

the dollar will eventually crash t's just a question when.

and that would be good for crypto in general.

kollo99

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If the value of US Dollar crashed the economy of the entire world will also down as most of the countries depend on USD and their economy may also depend on bitcoin therefore if the USD crashed it will effect all most all the economies of the world.

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Quote from: agustina2 on October 07, 2016, 11:50:05 AM

Quote from: Zadicar on October 07, 2016, 05:35:16 AM

Back to topic if US dollar would crash for sure their would be an economic crises and many would be affected and include to that is bitcoin.

There will really a economic crisis since USD is a universal currency. Also remittances will be affected especially here in our country where there are great numbers of workers outside the country which their salary are based on the value of USD.

In bitcoin, there will be no reason now to dream of high price in USD when converted.

Yup, I've had this conversation with people in a dozen or so countries, from PhDs to dropouts, from mega-rich to mega-poor, and everyone agrees: the only way forward is for the US dollar to crash. This would universally help all people in all walks of life.

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Quote from: Zadicar on October 07, 2016, 05:35:16 AM

Back to topic if US dollar would crash for sure their would be an economic crises and many would be affected and include to that is bitcoin.

There will really a economic crisis since USD is a universal currency. Also remittances will be affected especially here in our country where there are great numbers of workers outside the country which their salary are based on the value of USD.

In bitcoin, there will be no reason now to dream of high price in USD when converted.

bitjoin

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GBP still moving down, overnight we had a flash crash to £1.12 = $1 - pretty insane but i think we will go much lower. USD atm seems strong, cant be long now before it starts to move down though.

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Quote from: crairezx20 on October 06, 2016, 09:53:37 AM

Quote from: Noctis Connor on October 06, 2016, 07:38:13 AM

Quote from: randy8777 on October 05, 2016, 09:15:48 AM

Quote from: zPanda on October 05, 2016, 03:55:10 AM

People would be fine with that. I guess that would be a time for STRONG BUY.

it depends. don't forget that the most wealthy people will always prefer gold over anything as some sort of safe haven. maybe that bitcoin will gain some extra incoming money from people trying to escape the usd, but will it be enough to cause the price to at least double? i have my doubts.

Nope not all wealthy people are going to choice gold as there investment some of investors are prefer to use bitcoin with there business and bitcoin will bee a free of charge when they playing on th e gambling website too theey can escape the fees and they can hold there money whenever they want in gambling and exchange website

Your right but we are just few users of bitcoin and few investors in bitcoin unlike in gold that many people are investing in gold.. even me i have some gold here in my house just like ring and necklace..
It is good to have gold too because in case of emergency you can sell them easily here.. its just like the same as bitcoin..

You are somehow correct because their are lots of people do have gold on their possesion which is really good investment on long terms and you could able to use it on emergency purposes. Yes they are the same with bitcoin. Back to topic if US dollar would crash for sure their would be an economic crises and many would be affected and include to that is bitcoin.

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Quote from: crairezx20 on October 06, 2016, 09:53:37 AM

Quote from: Noctis Connor on October 06, 2016, 07:38:13 AM

Quote from: randy8777 on October 05, 2016, 09:15:48 AM

Quote from: zPanda on October 05, 2016, 03:55:10 AM

People would be fine with that. I guess that would be a time for STRONG BUY.

it depends. don't forget that the most wealthy people will always prefer gold over anything as some sort of safe haven. maybe that bitcoin will gain some extra incoming money from people trying to escape the usd, but will it be enough to cause the price to at least double? i have my doubts.

Nope not all wealthy people are going to choice gold as there investment some of investors are prefer to use bitcoin with there business and bitcoin will bee a free of charge when they playing on th e gambling website too theey can escape the fees and they can hold there money whenever they want in gambling and exchange website

Your right but we are just few users of bitcoin and few investors in bitcoin unlike in gold that many people are investing in gold.. even me i have some gold here in my house just like ring and necklace..
It is good to have gold too because in case of emergency you can sell them easily here.. its just like the same as bitcoin..

Well yeah gold and other precious jewels and stones are going to be a good alternative when the US dollar crashes. Because for sure it may affect the local exchange.

So when that happened you can just simply relay on your gold and other jewels and just sell them out but their value will remain and going to be even higher.

Unlike local currency it may fall because of crash.

crairezx20

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Quote from: Noctis Connor on October 06, 2016, 07:38:13 AM

Quote from: randy8777 on October 05, 2016, 09:15:48 AM

Quote from: zPanda on October 05, 2016, 03:55:10 AM

People would be fine with that. I guess that would be a time for STRONG BUY.

it depends. don't forget that the most wealthy people will always prefer gold over anything as some sort of safe haven. maybe that bitcoin will gain some extra incoming money from people trying to escape the usd, but will it be enough to cause the price to at least double? i have my doubts.

Nope not all wealthy people are going to choice gold as there investment some of investors are prefer to use bitcoin with there business and bitcoin will bee a free of charge when they playing on th e gambling website too theey can escape the fees and they can hold there money whenever they want in gambling and exchange website

Your right but we are just few users of bitcoin and few investors in bitcoin unlike in gold that many people are investing in gold.. even me i have some gold here in my house just like ring and necklace..
It is good to have gold too because in case of emergency you can sell them easily here.. its just like the same as bitcoin..

allthingsluxury

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If the US dollar collapses, there will undoubtedly be MASS volatility in every asset class. Alternative savings, such as gold and silver will go parabolic and through the roof. BTC will benefit in the long run, although I believe it will take a while to settle out.

gkv9

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Quote from: btvGainer on October 06, 2016, 07:30:47 AM

Btc is not dependent on dollars price.Its value is measured in bitcoin but it has nothing to do with bitcoin price.Although usd crash will create a lot of havoc in overall world's economy and many countries may see huge economic crisis.This economic depression will surly effect bitcoin negatively

You should go and do some research, if BTC has nothing to do with $$$, you might not be here...
It used to be few hundredth of a cent, but no one ever showed any interest in this thing, but when it went up like stocks and reached $30 from $5, don't you think it made a lot of difference to its own value??? If you are trading and you are saying this, then I think you don't know anything about this asset...

Noctis Connor

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Quote from: randy8777 on October 05, 2016, 09:15:48 AM

Quote from: zPanda on October 05, 2016, 03:55:10 AM

People would be fine with that. I guess that would be a time for STRONG BUY.

it depends. don't forget that the most wealthy people will always prefer gold over anything as some sort of safe haven. maybe that bitcoin will gain some extra incoming money from people trying to escape the usd, but will it be enough to cause the price to at least double? i have my doubts.

Nope not all wealthy people are going to choice gold as there investment some of investors are prefer to use bitcoin with there business and bitcoin will bee a free of charge when they playing on th e gambling website too theey can escape the fees and they can hold there money whenever they want in gambling and exchange website

btvGainer

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Quote from: FuckIdolPlus on March 28, 2015, 11:00:49 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?

Btc is not dependent on dollars price.Its value is measured in bitcoin but it has nothing to do with bitcoin price.Although usd crash will create a lot of havoc in overall world's economy and many countries may see huge economic crisis.This economic depression will surly effect bitcoin negatively

bitjoin

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Im watching the GBP go down right now this is great for me. I do hold GBP since im in UK but i can unload it all pretty quick if needed. There is speculation the USD might follow. Just hold your bitcoin guys this is perfect

HilbillyFred

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Quote from: Jmild1 on June 16, 2016, 01:27:25 AM

Quote from: MWesterweele on June 07, 2016, 11:21:20 PM

American dollar is the central of all currencies and the basis on money exchange around the world.So i dont think that usd will crash someday even if it will be re owned by other people.But if that thin would really happen,it may be the end of happy days of bitcoins industry because tho bitcoins price is too big now bitcoin is still depending on amerian dollar currency

I disagree that the bitcoin will fall once USD fall down, they are not related to each other, bitcoin only estimate its value to usd. But when usd fall down bitcoin can be independent and have its own value. I think it can stand on its own.

I am not sure on what would happen if the US Dollar would cash but i do not think that it is going to happen because we are talking about the US right here.
They would not let something like that happen and show to the world because it will be a weakness.

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