What if US Dollar Crashes? - page 6.

icecube45

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Quote from: nkc007 on February 16, 2017, 02:29:56 AM

It can not happen as usd has become global dependency currency and grp of different countries depend on its exchange and price change.

Well if you know the news about dollars crash from the past years. Many investors pulled out their investments on US so they did made the dollars to crash. Dollars is still vulnerable in crashing and if it happens Bitcoin will be affected too.

True dollar had several crash because unfavorable economic conditions, but can bounce back. If the dollar crash will affect other currencies, the price of other currencies will increase. But foreign exporters such as China and Japan does not want to dollar crash because the United States is too important customers. If the dollar crash will impact to bitcoin but not too big, as there are many people who moved to use bitcoin.

gandame

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If USD crashes, I don’t think that BTC price would rise because some in exchange market dollar mostly is dominating and most businesses were relying on it. All fiat currency will be affected if that happens with USD, however digital currency will not directly be affected but, could you think the effect of btc demand will rise high? I think , it will not because we are talking here generally on currencies worldwide. If others think that btc price will rise in value, well that’s their own insight but totally in exchange of btc to fiat currency money matters most if ever fiat exchange rate drops then it also affects the digital crypto currency price rate.

grandy

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Quote from: manyuta on January 27, 2017, 01:08:36 PM

Quote from: hurain on January 24, 2017, 01:43:41 AM

Quote from: tabas on January 23, 2017, 06:25:56 PM

Quote from: xSplit on January 17, 2017, 09:04:16 AM

It will not happen any time soon, the EUR might fall tho

It can happen anytime on how Trump is going to make his leadership effective and love by the people. Actually all of the currencies has the possible to crash. And if you can remember, when the bitcoin is reaching its all time high, together the Chinese yuan that cause the Chinese holders and investors to sell their holdings and showed an impact to make the price of bitcoin fall.

1 Trump is facing a lot of challenges internal and external. i don't thing that he will continue for a long time. and
2 It is a fact that every currency has the possibilities to crash no doubt about that but we have to analyse the current situation, currently the
   USD is one of the most popular and strongest currency of the world.
3 At that time the users of bitcoin were few in number that is way it was easy to manipulate and influence the price of bitcoin, but now it is not such
   an easy job, because the users of bitcoin are now too more as compare to previous time when bitcoin was crashed. but this time we are not
   expecting such kind of issues.

Perhaps I have never doubted the dollar. This is the currency to which the entire economy is even larger and stronger countries. The World Bank wants all to be stable.

yes no doubt about this but if the interest of the people will decrease to use bitcoin then it will remain no worth. the popularity of the an item increase if the the people interest is there. so people are now interested in bitcoin and therefore bitcoin is now becoming more and more popular.

nkc007

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It can not happen as usd has become global dependency currency and grp of different countries depend on its exchange and price change.

STT

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The middle east use Euro in some places, especially countries quite opposed to USA control of world commerce . Quite alot of Russian business came via Cyprus for example before that was shut down, the euro is very viable in size and liquidity for any size transaction.

Theres tons of alternates to dollar, whats quite unique in history now is every country has purposely syncronised to USA political policy. All major countries now use QE and have large debt amounts. Germany could survive if it left the Euro and disavowed all Euro debt and that is quite feasible should events enter extreme terrority. Japan is already finished as a currency, again it does export and has positives in many ways. Even USA has underlying growth and some positive fundamentals like its agriculture however we are looking at a FIAT currency reset scenario. No conspiracy theory is required this is reality afaik even by the FED's own book, but they will never state it explicitly until after

asriloni

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Quote from: jonnybravo0411 on February 15, 2017, 03:39:44 PM

In my country the price of the dollar on a number of indicators are lower than the euro. But in everyday life why the dollar is more preferable than the euro. I can not understand why. But the euro zone is much weaker than the dollar area.

I wanna know where are you from? because most of the countries around the world are using dollar be their indicator.

splitups

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generally if USD crashes then BTC should rise in value, considering it's mostly valued by it -and all other global currencies are related to it, and should rise mostly as well-, you might be familiar with how currencies intertwined if you follow forex trading and how the impact of some news on a currency impact all others in a way.

Harry Callahan

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Quote from: anasis on January 26, 2017, 04:32:47 PM

It is clear that the dollar today a lot of bad-wishers. Therefore, it is all that is said is not essential. I know that the dollar to fall will never allow. Because the world will end.

What are you talking about .The valuation of dollar will move up and down and if you remember correctly the dollar price went down few years back after the recession and i did not see a world ending during those period. If the dollar crashes then trade happens with Euro as it is a strong currency.

jonnybravo0411

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In my country the price of the dollar on a number of indicators are lower than the euro. But in everyday life why the dollar is more preferable than the euro. I can not understand why. But the euro zone is much weaker than the dollar area.

00hash01

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Quote from: Bitcoinsummoner on January 27, 2017, 01:37:30 PM

Quote from: Gilf on January 27, 2017, 01:22:11 PM

After Trump will rise to 20% tax on products from Mexico and build a big wall on the border, then the dollar may even change the policy and to him will be even stricter.

I did not heard that in the news.. here in my country honestly many people are hating that president trump that starting to strike trump because of many reason that honestly i don't care..
For me i think that us dollar will still remain the same and it will never crash this is what i think till now from before..

The news show that all the sundry. One day they say one thing and the other quite the opposite. I have all of the assets in US dollars and would be a shame if all will fail because of the fool.

Ronxawala

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Quote from: ChineTownMan on January 27, 2017, 02:26:51 PM

Quote from: Bitcoinsummoner on January 27, 2017, 01:37:30 PM

Quote from: Gilf on January 27, 2017, 01:22:11 PM

After Trump will rise to 20% tax on products from Mexico and build a big wall on the border, then the dollar may even change the policy and to him will be even stricter.

I did not heard that in the news.. here in my country honestly many people are hating that president trump that starting to strike trump because of many reason that honestly i don't care..
For me i think that us dollar will still remain the same and it will never crash this is what i think till now from before..

I think that we should not worry about the dollar. Trump is a very good businessman and financier, and he would not allow the decline of the economy and the dollar. I do not expect a sharp increase in the economy, but does not become worse for sure

America has, together with the World Bank, the huge dollar assets and a confirmation of its capacity. Each country is interested in the stability of the dollar, and if things go bad, then the global economy will collapse.

Seccerius

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In general, the dollar has a very large margin of safety and it is good that not only the President of the United States has an impact on the whole process, but the Senate too. I mean, I hope that bad policy will not affect the stability of the dollar.

ChineTownMan

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Quote from: Bitcoinsummoner on January 27, 2017, 01:37:30 PM

Quote from: Gilf on January 27, 2017, 01:22:11 PM

After Trump will rise to 20% tax on products from Mexico and build a big wall on the border, then the dollar may even change the policy and to him will be even stricter.

I did not heard that in the news.. here in my country honestly many people are hating that president trump that starting to strike trump because of many reason that honestly i don't care..
For me i think that us dollar will still remain the same and it will never crash this is what i think till now from before..

I think that we should not worry about the dollar. Trump is a very good businessman and financier, and he would not allow the decline of the economy and the dollar. I do not expect a sharp increase in the economy, but does not become worse for sure

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

Quote from: Gilf on January 27, 2017, 01:22:11 PM

After Trump will rise to 20% tax on products from Mexico and build a big wall on the border, then the dollar may even change the policy and to him will be even stricter.

I did not heard that in the news.. here in my country honestly many people are hating that president trump that starting to strike trump because of many reason that honestly i don't care..
For me i think that us dollar will still remain the same and it will never crash this is what i think till now from before..

pyata4ok

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It clearly says that all the credits in world affairs are calculated in US dollars between the states. Therefore, if such amounts are swirling in the currency it means that the dollar consolidated for many years with a guarantee of a dignified existence.

Gilf

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After Trump will rise to 20% tax on products from Mexico and build a big wall on the border, then the dollar may even change the policy and to him will be even stricter.

manyuta

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Quote from: hurain on January 24, 2017, 01:43:41 AM

Quote from: tabas on January 23, 2017, 06:25:56 PM

Quote from: xSplit on January 17, 2017, 09:04:16 AM

It will not happen any time soon, the EUR might fall tho

It can happen anytime on how Trump is going to make his leadership effective and love by the people. Actually all of the currencies has the possible to crash. And if you can remember, when the bitcoin is reaching its all time high, together the Chinese yuan that cause the Chinese holders and investors to sell their holdings and showed an impact to make the price of bitcoin fall.

1 Trump is facing a lot of challenges internal and external. i don't thing that he will continue for a long time. and
2 It is a fact that every currency has the possibilities to crash no doubt about that but we have to analyse the current situation, currently the
USD is one of the most popular and strongest currency of the world.
3 At that time the users of bitcoin were few in number that is way it was easy to manipulate and influence the price of bitcoin, but now it is not such
an easy job, because the users of bitcoin are now too more as compare to previous time when bitcoin was crashed. but this time we are not
expecting such kind of issues.

Perhaps I have never doubted the dollar. This is the currency to which the entire economy is even larger and stronger countries. The World Bank wants all to be stable.

ivan.daineko23

sr. member

Activity: 258

Merit: 250

Quote from: STT on January 24, 2017, 03:35:51 AM

Theres a good point in there, the major currencies are all in some way supporting each other. To have a really large crash requires that an alternative becomes apparent, a major country to break ranks with the rest and go for a strong national currency stance with proper rates about inflation paid.

That prospect is apparently quite unlikely, Japan is extremely negative on its currency worth so much so they risk a failure or breakdown of worth but apparently there is not enough force to make that happen in the markets. Its cliche to say its all fixed but somehow it doesnt seem to resemble open competition, gold is no strong alternative either despite being the backing for currency over centuries.

So a member of this system needs to break ranks, China or Russia are the largest most obvious candidates but again I see no imminent threat. I think setup an alternative to the IMF, perhaps thats a development towards a new system where fiat holds value better

Despite the fact that there are problems with the US budget, the deficit is very large, it is sure to affect the dollar. But I believe that the dollar will never fall.

anasis

full member

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It is clear that the dollar today a lot of bad-wishers. Therefore, it is all that is said is not essential. I know that the dollar to fall will never allow. Because the world will end.

STT

legendary

Activity: 4102

Merit: 1454

Theres a good point in there, the major currencies are all in some way supporting each other. To have a really large crash requires that an alternative becomes apparent, a major country to break ranks with the rest and go for a strong national currency stance with proper rates about inflation paid.

That prospect is apparently quite unlikely, Japan is extremely negative on its currency worth so much so they risk a failure or breakdown of worth but apparently there is not enough force to make that happen in the markets. Its cliche to say its all fixed but somehow it doesnt seem to resemble open competition, gold is no strong alternative either despite being the backing for currency over centuries.

So a member of this system needs to break ranks, China or Russia are the largest most obvious candidates but again I see no imminent threat. I think setup an alternative to the IMF, perhaps thats a development towards a new system where fiat holds value better

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