What if US Dollar Crashes? - page 24.

vero

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Quote from: serjent05 on October 05, 2016, 01:56:02 PM

Quote from: bhadz on October 05, 2016, 12:24:52 AM

Quote from: ekoice on October 04, 2016, 02:21:13 PM

It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

It will affect the price of bitcoin because it is basing the value of it to dollars. And most of the currencies all around the world are basing to the economy of US, so when there is a crash to US. Most of the economy for each country will also fall. I don't know why US is this too much superior when it comes to financial things.

Not quit true that if US economy fall all the economy outside US will fall, same way the price value of bitcoin wont be affected by crash of USD insted the price value of bitcoin in USD will only be affected, because outside USD bitcoin price have relation to other currency. IF USD fall the price value of bitcoin is still the same in relation to other currency but USD.

in recent years the American economy plays an important role in the economy outside so what she said was true if the American economy collapses then the economies of other countries will decline as all investors are certainly pulling out their money.

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Quote from: kryptqnick on October 05, 2016, 02:14:50 PM

I think that Bitcoin has no direct connection to dollar. This means that we will just get used to say how much is Bitcoin in Euro or something like this. Even if it makes some influence I think this will be an indirect positive influence, because people may start to believe in new money, seeing that the old one is dying.

Many people didn't know new money to use and this is all impossible to happen. bitcoin is good only in tradiing purposes and payment online..
Dollar will never creashes.

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I think that Bitcoin has no direct connection to dollar. This means that we will just get used to say how much is Bitcoin in Euro or something like this. Even if it makes some influence I think this will be an indirect positive influence, because people may start to believe in new money, seeing that the old one is dying.

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Quote from: bhadz on October 05, 2016, 12:24:52 AM

Quote from: ekoice on October 04, 2016, 02:21:13 PM

It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

It will affect the price of bitcoin because it is basing the value of it to dollars. And most of the currencies all around the world are basing to the economy of US, so when there is a crash to US. Most of the economy for each country will also fall. I don't know why US is this too much superior when it comes to financial things.

Not quit true that if US economy fall all the economy outside US will fall, same way the price value of bitcoin wont be affected by crash of USD insted the price value of bitcoin in USD will only be affected, because outside USD bitcoin price have relation to other currency. IF USD fall the price value of bitcoin is still the same in relation to other currency but USD.

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Quote from: zPanda on October 05, 2016, 04:55:10 AM

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

Will be fine? That strong country would not be fine with that and the people in it. It will be a huge problem for them thinking the economy is going bad. Imagine your country losing the value of your own currency.

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Quote from: randy8777 on October 05, 2016, 10:15:48 AM

Quote from: zPanda on October 05, 2016, 04:55:10 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.

All hinges primarily on how much the US dollar is going to plummet provided it is going to plummet at all. If it continues to get devalued at current rates of a few percentages per year, I don't think many people will get averted from it. On the other hand, if it starts losing its purchasing power in the two-digits range as it did in the 1970s, then both Bitcoin and gold price will definitely surge. And we should not forget that the American dollar is not the only pebble on the beach...

The dramatic devaluation (collapse) of the Chinese Yuan as well as Euro might also have no less dramatic consequences

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Quote from: zPanda on October 05, 2016, 04:55:10 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.

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Quote from: FuckIdolPlus on March 28, 2015, 12:00:49 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?

US dollar will not be crash why ? because US dollar is one of the most power full money in the world we maybe we cant use this into another country but we could chance it with the big exchange dollar can helps also our economics and maybe if the us dollar will crash it will affect some business

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

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Quote from: FuckIdolPlus on March 28, 2015, 12:00:49 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?

US dollar is strong currency and it is used as a payment method all over the world so if USD crash then other currencies will go high and their price also increase. And I personally think if it will happen then may be bitcoin will used as a direct payment method worldwide because bitcoin has an ability to reach no 01 position in the market and it has a great imapct on bitcoin.

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Not sure on what is going to happen right then but it will sure be on the news and everyone is going to notice it so I think that the US would never let it go that far.
they are prepared for the worst and for sue know how to deal with it.

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Quote from: FuckIdolPlus on March 28, 2015, 12:00:49 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?

nothing will strange happened because with the fall of rate of dollars you will find price of btc for with usd doller .

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Quote from: bhadz on October 05, 2016, 12:24:52 AM

Quote from: ekoice on October 04, 2016, 02:21:13 PM

It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

It will affect the price of bitcoin because it is basing the value of it to dollars. And most of the currencies all around the world are basing to the economy of US, so when there is a crash to US. Most of the economy for each country will also fall. I don't know why US is this too much superior when it comes to financial things.

US dollar is superior when it comes to financial things is simply because the economy is superior,prior to the world war the British pound was far superior and was the worlds reserve currency,after the world war the US dollar took over that and there are many other reasons why it is reign supreme,if the dollar crashes it would make a deep hole in the world economics for sure.

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Quote from: bhadz on October 05, 2016, 12:24:52 AM

Quote from: ekoice on October 04, 2016, 02:21:13 PM

It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

It will affect the price of bitcoin because it is basing the value of it to dollars. And most of the currencies all around the world are basing to the economy of US, so when there is a crash to US. Most of the economy for each country will also fall. I don't know why US is this too much superior when it comes to financial things.

And I think that Bitcoin does not depend on the dollar and its stability. He has his own system

MingLee

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Quote from: bhadz on October 05, 2016, 12:24:52 AM

Quote from: ekoice on October 04, 2016, 02:21:13 PM

It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

It will affect the price of bitcoin because it is basing the value of it to dollars. And most of the currencies all around the world are basing to the economy of US, so when there is a crash to US. Most of the economy for each country will also fall. I don't know why US is this too much superior when it comes to financial things.

The countries that will crash the hardest are the countries that hold the most US debt, and in this case, China would be hit hard. However, there is an interesting sort of paradox with this, because even though China holds the most US debt they also have the world's largest gold reserve for a country right now (if I remember correctly), which means that their currency might end up with a net 0 change, or a very slight change if anything.

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Quote from: ekoice on October 04, 2016, 02:21:13 PM

It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

It will affect the price of bitcoin because it is basing the value of it to dollars. And most of the currencies all around the world are basing to the economy of US, so when there is a crash to US. Most of the economy for each country will also fall. I don't know why US is this too much superior when it comes to financial things.

satdas

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i think the majority of the world economy is depending on US Dollar therefore it is not such an easy job, i think if Dollar Crash its mean that the world economy will also be crash, and there will arise so many financial crises in the world.

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It willnot affect bitcoin value in anyway. If US Dollar crashes, then bitcoin value would be calculated based on Euro or some other currency.

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Quote from: icecube45 on October 04, 2016, 10:17:10 AM

I think the US dollar is very difficult for crashes, because the US dollar is very strong. But if the US dollar crashes many currencies such as IDR experiencing progress and development. The influence of the US dollar which crashes against bitcoin might be favorable for bitcoin. Because surely the price of bitcoin will become bigger and higher.

As of now never heard that usd are crash but here in my country our usd price are increase because our fiat was decreases.. because our investors from outside country are leaving. i think this is just like in trading that the price is relaying in investors.

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I think the US dollar is very difficult for crashes, because the US dollar is very strong. But if the US dollar crashes many currencies such as IDR experiencing progress and development. The influence of the US dollar which crashes against bitcoin might be favorable for bitcoin. Because surely the price of bitcoin will become bigger and higher.

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