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Topic: What if US Dollar Crashes? - page 28. (Read 57115 times)

hero member
Activity: 1638
Merit: 505
August 19, 2016, 08:04:36 PM
of course, when the dollar declined and destroyed the world economy will have an impact. including bitcoin. will be a lot of speculators that could happen. usually other currencies will rise very high.
sr. member
Activity: 406
Merit: 250
August 19, 2016, 07:31:17 PM
If US Dollar crashes i think it will affect the price of bitcoin, because the price of bitcoin always compared by us dollar and what i'm sure is it can make the price of bitcoin decreasa and increase.
legendary
Activity: 1386
Merit: 1020
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August 19, 2016, 06:22:57 PM
The American dollar never will fall, because the whole economy depends on the financial stability of the strongest country of the world. Yes, it is true that it could eventually lose some of its acquisitive value because of gradual devaluation, but it will remain as the almighty currency for at least one century more.

I second the motion,  dollar would never fail if you see the  the economic and currency state as of now. Dollar has been used  majorly and many currencies depend  on it, Its impossible  to happen that it would crash because it already gain its stability and  been existed for long time ago. I cant even think what thing could possibly crash dollar into the bottom.
sr. member
Activity: 588
Merit: 250
August 19, 2016, 06:20:04 PM
I am never thinking about it, cause american dollar is very stable and strong right now, better to think about other stuff, like earning this dollars Grin
hero member
Activity: 966
Merit: 507
August 19, 2016, 02:24:55 PM
The American dollar never will fall, because the whole economy depends on the financial stability of the strongest country of the world. Yes, it is true that it could eventually lose some of its acquisitive value because of gradual devaluation, but it will remain as the almighty currency for at least one century more.
hero member
Activity: 700
Merit: 500
August 19, 2016, 01:40:44 PM
I also think it is impossible US Dollar will get crashed because there is no reason this could happen in near future, no doubt bitcoin is most strongest currency ever and growing very fast than before, from my opinion bitcoin is related with US Dollars, but if this would happen than bitcoin will get more stronger and would get more higher price.
sr. member
Activity: 322
Merit: 250
August 19, 2016, 01:40:37 PM
i won't say that it will be good i think it will face the reverse effect and bitcoin price will also gets decreased with dollars and there will be one point where bitcoin will fall more than usd because thats one of the rule.of economics
hero member
Activity: 518
Merit: 500
August 19, 2016, 01:33:03 PM
If the Dollar crushes, we'll probably have to fully rely on bitcoin or other coins, but it is pretty strong at the moment so it nothing bad should happen.
not something bad but actually be good for bitcoin because if the dollar will crash, the demand of bitcoin would increase it will followed by the price rise too.
hero member
Activity: 1456
Merit: 624
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August 19, 2016, 01:14:12 PM
Its impossible that usd will be crashes but if it will happen maybe other currency like yen dinar or euro depends of the decision of the court all over the world if what cuurency will replace usd..
legendary
Activity: 2058
Merit: 1030
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August 19, 2016, 01:01:36 PM
Dollar may be the main currencie, used to almost if not all transactions it if crashes another currencie like eur would take the place, bitcoin isnt a option as all know bitcoin is not legalized yet.
I think even usd will crash it will not replace any currency.. because is already our use as main.. euro is already high value even its high value than usd its still not a main money..
The Euro is a piece of junk being propped up by massive countries maintaining the economies of poor countries, and honestly with Britain leaving the EU it might signal the beginning of the dissolution of the EU. Which would be great, because it takes power away from Brussels while also restoring individuality to each of the countries in the EU. If the USD was to go bottoms-up then there would definitely be another currency to become the reserve currency, and it would most likely be the Yuan.
I think usd still remain because usa is the one big part of the map and usd  is in there name united states dollar many people are already use usd in some country even its not a us place.. so i think usd will remain the same even the price is drop..
hero member
Activity: 490
Merit: 520
August 19, 2016, 12:40:49 PM
Dollar may be the main currencie, used to almost if not all transactions it if crashes another currencie like eur would take the place, bitcoin isnt a option as all know bitcoin is not legalized yet.
I think even usd will crash it will not replace any currency.. because is already our use as main.. euro is already high value even its high value than usd its still not a main money..
The Euro is a piece of junk being propped up by massive countries maintaining the economies of poor countries, and honestly with Britain leaving the EU it might signal the beginning of the dissolution of the EU. Which would be great, because it takes power away from Brussels while also restoring individuality to each of the countries in the EU. If the USD was to go bottoms-up then there would definitely be another currency to become the reserve currency, and it would most likely be the Yuan.
legendary
Activity: 1638
Merit: 1046
August 19, 2016, 12:26:52 PM
Dollar may be the main currencie, used to almost if not all transactions it if crashes another currencie like eur would take the place, bitcoin isnt a option as all know bitcoin is not legalized yet.
I think even usd will crash it will not replace any currency.. because is already our use as main.. euro is already high value even its high value than usd its still not a main money..
hero member
Activity: 756
Merit: 501
August 19, 2016, 12:15:35 PM
Dollar may be the main currencie, used to almost if not all transactions it if crashes another currencie like eur would take the place, bitcoin isnt a option as all know bitcoin is not legalized yet.
legendary
Activity: 2436
Merit: 1008
August 19, 2016, 11:53:37 AM
If the Dollar crushes, we'll probably have to fully rely on bitcoin or other coins, but it is pretty strong at the moment so it nothing bad should happen.
or on other fiat like euros and pounds, it wouldnt be too big of a problem for the world except for usa

There are other strong fiat currencies aside from USD. It's just that common exchange in terms of fiat exchange is currency-USD exchange as it is universal.

Also if fiat currency will crash no way the digital one will be the one who will take in place. It's still fiat currency who will take the stage if USD will become impotent.
hero member
Activity: 658
Merit: 500
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August 19, 2016, 11:16:29 AM
If the Dollar crushes, we'll probably have to fully rely on bitcoin or other coins, but it is pretty strong at the moment so it nothing bad should happen.
or on other fiat like euros and pounds, it wouldnt be too big of a problem for the world except for usa
newbie
Activity: 28
Merit: 0
August 19, 2016, 04:46:17 AM
If the Dollar crushes, we'll probably have to fully rely on bitcoin or other coins, but it is pretty strong at the moment so it nothing bad should happen.
legendary
Activity: 3514
Merit: 1280
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August 19, 2016, 03:54:15 AM
to me US Dollar is a very very strong currency in present time and it not going to crash, and perhaps it happen and bitcoin crash down it will also fell down the who economy of the world, because most of the countries are depending of Dollar for their economy,
Yes very strong, you can buy like almost 2 millibitcoins with it.  Up so high from five years ago.  And retained so much value over time, just think what food or clothes or rent cost a single dollar ten years ago now only costs 2 or a little more!
 
Most of countries are depending of dollar??  Where to even begin with this nonsense.  People in countries depend on food, clothing, shelter, energy, transportation, sure.. but a foreign currency issued in private by gangsters?  What are you thinking seriously?

You can't really blame people for seeing the USD as very important as nearly everything in the world is tied to it, in order to give that "thing" (could be oil, gold, diamons, sugar, etc) value. They see it as a strong and solid currency. What they don't see, or perhaps don't want to see, is that the country behind it is theoretically bankrupt

The key word here is theoretically. Even if you could somehow deprive the US government (I mean the authorities as whole, including the Fed) of its power to print the same money in which the debt it owes is denominated, you would still have to deal with the US military...

To make them pay their debts in real things, not paper or digital shit
full member
Activity: 144
Merit: 100
August 19, 2016, 01:48:12 AM
if dollar would crash,  people would buy lots of euros, pounds, and probably bitcoins too, as it would be easy to buy them and easy to use, while they couldn't use euros in america
legendary
Activity: 3122
Merit: 1140
August 19, 2016, 01:08:13 AM
I doubt that dollar will crush. As all American dollar has the best promotion, that's why it is so popular in the world and well known. Dollar rules the world nowadays. So I'm sure it will not crush in nearly feature, in far future - who knows?!

Everything can happen. It may be the strongest currency today, but it can be replaced in the future. if a strong country becomes very powerful or if bitcoin becomes stronger and overtake the dollar. Or a very weak person becomes the president and squandered the countries wealth, then it will crash the dollar.

Those are good points. But it might take long even if their president became corrupt, still this currency will fight its way up for many are investing in this and countries also have debts with this country.

You have a point, even how corrupt the new president it would take a long time since dollars is the most powerful currency and  the most influenced because almost  currency worldwide is pairing with dollars almost. It exist for a long time and been adopt in any parts of the world. Therefore its very hard  to dollars would crash
hero member
Activity: 952
Merit: 500
August 19, 2016, 12:58:40 AM
I doubt that dollar will crush. As all American dollar has the best promotion, that's why it is so popular in the world and well known. Dollar rules the world nowadays. So I'm sure it will not crush in nearly feature, in far future - who knows?!

Everything can happen. It may be the strongest currency today, but it can be replaced in the future. if a strong country becomes very powerful or if bitcoin becomes stronger and overtake the dollar. Or a very weak person becomes the president and squandered the countries wealth, then it will crash the dollar.

Those are good points. But it might take long even if their president became corrupt, still this currency will fight its way up for many are investing in this and countries also have debts with this country.
US currency will still dominate the world in the future as they are the most advance in terms of innovation, I believe all the government are corrupt as they are still after of the money, human are greedy but they were able to maintain its progressive economy.
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