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Topic: What if US Dollar Crashes? - page 37. (Read 57115 times)

sr. member
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April 13, 2016, 07:30:51 PM
I assume that if the dollar crashes, bitcoin will increase in value along with precious metals, and other currencies like the euro (and other cryptocurrencies).  However, I don't really think it would be good for economies around the world.
sr. member
Activity: 588
Merit: 250
April 13, 2016, 07:00:37 PM
I think if US dollar crashes ,bitcoin will have an effect specialy in terms of bitcoins value , we all know that bitcoin varies on what value of dollars is ,just my own opinion .

My guess is that bitcoin value might go down as well if this happens. However it is most unlikely that this will happen anytime soon.
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If dollar crashes bitcoins value will increase i think cause bitcoin depending on fiat but when dollar will be low mining will be harder so here we go with high bitcoin value.
full member
Activity: 210
Merit: 100
April 13, 2016, 06:40:25 PM
I think if US dollar crashes ,bitcoin will have an effect specialy in terms of bitcoins value , we all know that bitcoin varies on what value of dollars is ,just my own opinion .

My guess is that bitcoin value might go down as well if this happens. However it is most unlikely that this will happen anytime soon.
hero member
Activity: 658
Merit: 500
April 13, 2016, 06:34:40 PM
I think if US dollar crashes ,bitcoin will have an effect specialy in terms of bitcoins value , we all know that bitcoin varies on what value of dollars is ,just my own opinion .
sr. member
Activity: 476
Merit: 250
April 13, 2016, 01:00:01 PM
No we have the value of 1 bitcoin in dollar or euro,being the dollars currency the most used ,if dollar down that dont affect bitcoin at all,bitcoin is mooved by passion and news around bitcoin not dollar.
hero member
Activity: 798
Merit: 527
April 12, 2016, 10:56:54 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?
If the US Dollar crashes the US it self would go with it. Their would be chaos in the US and it could lead to world war three. But it would not effect the currency of Bitcoin.

Even with the World War Three, there will still be internet. So we can still use the bitcoin without problem.
legendary
Activity: 3234
Merit: 1214
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April 13, 2016, 10:44:25 AM
i dont think that will affect bitcoin, because bitcoin is decentralized, eventhough we will see a raise pricing due to the inflation of dollars, but actually the value of bitcoin will be the same

Though the bitcoin Value is the same, also the bitcoin now is represented in terms of dollars surely it will have a small impact when dollar goes down.
jr. member
Activity: 120
Merit: 6
April 13, 2016, 09:05:46 AM
If U.S dollar crashes surely it will make problems for many small countries as well as it will show its impact on world stock exchange markets but only for few days,after that time world economy will become stable again and China will cover that market. Euro price is also too much high so dollar crash impact will be of week or two after that every thing will become normal again.
legendary
Activity: 1666
Merit: 1001
April 13, 2016, 06:12:46 AM
i dont think that will affect bitcoin, because bitcoin is decentralized, eventhough we will see a raise pricing due to the inflation of dollars, but actually the value of bitcoin will be the same
sr. member
Activity: 350
Merit: 250
April 13, 2016, 04:44:01 AM
It will not crash around this time, that is not possible because you already can see now that it is a strong currency and many people are still using it so it wont be possible.
Bitcoin is indeed getting now more popular and that is good for the people who already use Bitcoin because they make it also more acceptable and that is nice.
newbie
Activity: 32
Merit: 0
April 13, 2016, 03:01:19 AM
If the Dollar crashes we have the change for a Bitcoin-Revolution. In addition I expect the precious metals will rise as well as Gold, Silber and Platinum. I also expect the other paper money currencies will collapse at one point in time. So Euro or Yen is not better.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
April 13, 2016, 12:50:16 AM
A total chaos of course! Riots, coup d' etat, more criminals, and bad guys will show up. Also some countries will be affected too, we're talking about economy here and america is one of the powerful nation in the world.

No, I  don't think so...Countries have their own currencies too, they might try currency to currency and might not base it to dollar anymore but with other stronger currency like euro..It won't create chaos, governments are open to that worst case scenario and might have a contingency plan to battle it out..
full member
Activity: 210
Merit: 100
April 12, 2016, 12:41:09 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?
If the US Dollar crashes the US it self would go with it. Their would be chaos in the US and it could lead to world war three. But it would not effect the currency of Bitcoin.

It does effect bitcoin.

Since the only metric we go based on bitcoin is fiat, and its worth of value. So if theres no other supporting metric we can use then its in a reverse until something else is used.

But it might also get it's own value if we started using it for payment in services and things just like what we are doing right now, but it's just micro works. So if we started using it for businesses then it will get it's own value.
legendary
Activity: 1456
Merit: 1002
April 12, 2016, 11:45:54 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?
If the US Dollar crashes the US it self would go with it. Their would be chaos in the US and it could lead to world war three. But it would not effect the currency of Bitcoin.

It does effect bitcoin.

Since the only metric we go based on bitcoin is fiat, and its worth of value. So if theres no other supporting metric we can use then its in a reverse until something else is used.
sr. member
Activity: 406
Merit: 250
April 12, 2016, 11:35:46 AM
If US Dollar Crashes, it will affect around the world. It can be a global crisis and also affect the price of bitcoins. And we don't know is it make bitcoin's price increase or decrease.
sr. member
Activity: 896
Merit: 303
April 12, 2016, 11:00:14 AM
A total chaos of course! Riots, coup d' etat, more criminals, and bad guys will show up. Also some countries will be affected too, we're talking about economy here and america is one of the powerful nation in the world.
hero member
Activity: 798
Merit: 527
February 14, 2016, 05:08:30 AM
I think that is anyway not going to happen so quickly. Firstly, it is a big country and a lot of people.
And second, they do have a contingency plan. The dollar can not just disappear or they'll see it coming.

As long as dollar is still accepted by other countries as a payment, it will not disappear. It is supported by the US army.
sr. member
Activity: 350
Merit: 250
April 12, 2016, 09:36:21 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?
If the US Dollar crashes the US it self would go with it. Their would be chaos in the US and it could lead to world war three. But it would not effect the currency of Bitcoin.
member
Activity: 112
Merit: 10
April 11, 2016, 09:39:23 PM
In case of dollar crashing.. btc will rise Smiley

But if dollar will crashing other currency will crash too and it will be like chain reaction that makes big crash like in 2008. I really don't wont to live this days againe.


If that scenario happens again then the crypto currency will rule the world and many will be disappointed with fiat and will go to bitcoin.
hero member
Activity: 798
Merit: 527
February 01, 2016, 05:40:50 AM
Trump claims the United States is no longer a rich country, because rich countries don’t borrow money. In the interview, Trump claimed that the US is becoming a third world nation forced to borrow money and issue debt. Trump also suggested an answer to the question “When will the us dollar collapse?”, saying when US debt hits the $21 to $22 trillion mark, things will get much, much worse.

Does his company borrow money to grow further? If the US debt is 21 trillion and denominated in bitcoin, then 1 bitcoin is worth $1m.
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