what will happen with the BTC, if the dollar falls

slyfox

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Quote from: Rinsend on January 09, 2018, 12:06:22 PM

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Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

I don't think YUAN will going to replace the dollar, dollar is still superious on some country though. If something bad happened to dollar, i think it will affect the bitcoin too, especially the price but it's not that big. Maybe a medium move on the bitcoin price.

Or if the economy of America will fall down and make them 3rd world country which is very impossible as of now because their government of course will do everything no matter what to make them stay in power.

you are very right, the state with a very strong superpower today is certainly not willing to release its power to other parties especially in the field of currency. but I think YUAN has its own power that can replace the dollar at a time.

I hope the dollar will be ruined.
because I do not want to continue to be led by the dollar.
it would be better if the yuan would advance and destroy the dollar price.
and this will have no effect on the crypto currency even if the dollar is destroyed

The yuan is no better than the dollar the Chinese manipulate their currency even more than the Americans, they do so in order to boost their exports around the world so they are engaging in unfair tactics for the rest of the world so the next time you wonder why it is so difficult to get a job in your county part of the reason is the manipulation the Chinese government does to their currency.

shaheer001

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Bitcoin will never effected by dollars as Bitcoin is big currency not dollar and at the moment Bitcoin is not only traded in Dollars but it is also trading in EURO,Yuon, and all top alts currencies.

Trangngu

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What do you think the BTC as well as the altcoin would be if the dollar fell? In my opinion the prices of coin will rise very high when the dollar falls. There are many things that I believe in. First, history is the most obvious proof. The past has been a time for US banks to close. As a result, Bitcoin's price has grown by 950%. Then fall down and go into stability. This time high possibility it will repeat again. Moreover, when the dollar falls, countries will be worried about speculation, so the demand for a currency is higher. They will want to own Bitcoin and demand will increase as the price of it will increase. What is the price of Bitcoin?

tricker01

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Quote from: AngelSky on November 26, 2017, 01:32:36 PM

Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

Still there are very lesser number of people only using the bitcoin, we see that bitcoin is still not used bigger ratio around every place.
yuan will not replace the usd or any country.
We need the large number of adoption on bitcoin like by corporates or whales who have been invested on bitcoin. In future we will find the more altcoins and each will be added as a national currency for different alts.

Well maybe if the hundred percent of the population in the world are using BTC and then suddenly the dollar fall down. It will really effect the economy of bitcoin world wide. Because it is not easy to exchange currency in that easy, it takes time and undergo process before it happen. But one thing for sure if the dollar fall down bitcoin will also be loss.

GoodLuck2

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Quote from: uptown04 on January 28, 2018, 07:45:23 PM

if that happen the cryptography would be traded with yuan instead of dollar so just the name of the asset would be changed.

We all know this thing that dollar is the most powerful currency in the entire world and it is being used as the mode of payment at number of places. I don’t really thing so that there will come certain situation when the market value of dollar will fall down but if it ever happens, then it will result in little favor of bitcoin and that will be the market value of bitcoin will get little more and nothing else than this.

fiomcorka

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Quote from: whyrqa on January 28, 2018, 08:51:33 AM

Quote from: tententen on January 27, 2018, 01:10:42 AM

Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

If the dollar fails BTC and Crypto will be in a good position to take the throne. Yuan will probably be up there but crypto may make a surge.

Does this topic make sense, because I do not see any dependence of the dollar on Bitcoin or vice versa of Bitcoin on the goods. These are two different currencies that float in their waters and practically do not overlap.

Dollar is just like a measuring unit for bitcoin that is only being used to help us know the worth of not only bitcoin but all other crypto currencies too as compared to that of all other regular currencies.

The thing is if dollar falls, this will eventually result in favor of bitcoin and other crypto coins as their market value will increase and will get even higher. This will bring better name to bitcoin and will help the investors in having more money.

uptown04

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if that happen the cryptography would be traded with yuan instead of dollar so just the name of the asset would be changed.

MMA

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will go down as well cause it's related to it

Although Dollar is the strongest currency of the world in current time and therefore there may be very little chances that bitcoin will fall. but i think that even if bitcoin will fall it will have a very small effect on bitcoin, because bitcoin is something different from other currencies and i do not think that it will effect the price of bitcoin too much. Bitcoin is online currency and currently most use of online purposes. Therefore we do not think that it will have such a big effect on bitcoin price.

Tungsten-1

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Quote from: tententen on January 27, 2018, 01:10:42 AM

Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

If the dollar fails BTC and Crypto will be in a good position to take the throne. Yuan will probably be up there but crypto may make a surge.

As far as I know, there is no direct connection in between bitcoin and dollar. Dollar is being used as a conversion unit to value the worth of bitcoin in term of real money. I don’t really think so that the market value of dollar will fall down but if it happens, then this thing will work in the favor of bitcoin as it will give more boost to the worth of bitcoin and it will go even higher at that time.

whyrqa

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Quote from: tententen on January 27, 2018, 01:10:42 AM

Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

If the dollar fails BTC and Crypto will be in a good position to take the throne. Yuan will probably be up there but crypto may make a surge.

Does this topic make sense, because I do not see any dependence of the dollar on Bitcoin or vice versa of Bitcoin on the goods. These are two different currencies that float in their waters and practically do not overlap.

btc.xbt.btc

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I guess if the YUAN is going to replace the US dollar crypto will probably only benefit from it.

tententen

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Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

If the dollar fails BTC and Crypto will be in a good position to take the throne. Yuan will probably be up there but crypto may make a surge.

FARid211

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i think if the rate of dollar falls a little then nothing will happen but the rate is high then it creat much effect on btc..

jdeanne92

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I think Bitcoin will have an increase in value when the dollar collapses.
Bitcoin supporters tend to view such an event as a devastating blow to society, but a potential opportunity for Bitcoin to prove its salt.

atjiat

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Quote from: Duzter on January 25, 2018, 07:38:36 PM

Quote from: portotoi on January 25, 2018, 07:16:58 AM

Quote from: zachwgtv on January 11, 2018, 12:03:56 PM

either yuan or dollar, they are bound to gone because they are obsolete. Crypto will definitely take over

I don't think that dollar will be replaced by other currencies, but we cannot predict what will really happen next and if ever this dollar will be lost, bitcoin will not be affected.

We're very low in number compared to the dollar usage. This shows that bitcoin is dependent on dollar, because at present we haven't got access to make use of bitcoin directly same as that we use dollars. In this regard bitcoin always need the support of dollar, so when dollar value falls, automatically the impact can be experienced on bitcoin as well.

great degrees of many users and wishful thinking and I can not understand why they want to replace the dollar with Bitcoin. The fact is that the product meets all the needs of every stratum of the world's population. If we take for example Bitcoin, then more than half of the members of society will not be able to use crypto currency because of the lack of knowledge and appropriate technologies.

Duzter

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Quote from: portotoi on January 25, 2018, 07:16:58 AM

Quote from: zachwgtv on January 11, 2018, 12:03:56 PM

either yuan or dollar, they are bound to gone because they are obsolete. Crypto will definitely take over

I don't think that dollar will be replaced by other currencies, but we cannot predict what will really happen next and if ever this dollar will be lost, bitcoin will not be affected.

We're very low in number compared to the dollar usage. This shows that bitcoin is dependent on dollar, because at present we haven't got access to make use of bitcoin directly same as that we use dollars. In this regard bitcoin always need the support of dollar, so when dollar value falls, automatically the impact can be experienced on bitcoin as well.

shalnark

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Quote from: 1BTC EQUALS 1CAR on January 22, 2018, 11:21:52 PM

If the dollar falls, bitcoin's value will be more expensive. I think people really don't care about the dollar because for bitcoin supporters, it's just a temporary and secondary choice for now before mass adoption is fully effective.

Well some will happen to the economy of the world when dollar falls. In my opinion I think does not affect Bitcoin in anyway. I have already made sure that Bitcoin is an independent currency and does not depend on other real currencies. Although those people who deal with Bitcoin and introduce their own funds into it, today maybe in the risky situatipn because bitcoin has become quit fall down as of this moment

CopMom

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Quote from: valen1309 on November 26, 2017, 09:35:53 AM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

The fall of the dollar will not affect much of Bitcoin because the crypto does not depend on any currency. The most significant impact on Bitcoin as well as cryptocurrencies is the negative news. Therefore, the exchange rate of dollar reduced, we will exchange rate BTC with other currencies more valuable. YUAN is also a good choice when Dollar falls.

portotoi

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Quote from: zachwgtv on January 11, 2018, 12:03:56 PM

either yuan or dollar, they are bound to gone because they are obsolete. Crypto will definitely take over

I don't think that dollar will be replaced by other currencies, but we cannot predict what will really happen next and if ever this dollar will be lost, bitcoin will not be affected.

1BTC EQUALS 1CAR

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If the dollar falls, bitcoin's value will be more expensive. I think people really don't care about the dollar because for bitcoin supporters, it's just a temporary and secondary choice for now before mass adoption is fully effective.

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