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Topic: what will happen with the BTC, if the dollar falls - page 5. (Read 3421 times)

member
Activity: 162
Merit: 10
I doubt that the dollar will fall unless, America will fall as well or a war will occurred. Although nothing is impossible but the dollar will not meet its fall down sooner or later. National currency cannot be change so easily. If the dollars fall BTC value will fall as well.
full member
Activity: 222
Merit: 250
Bitcoin ATOM FORK 1 BTC = 1 BCA
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

wow .. very interesting yuan replaced dollar. I am not the strength of the dollar is still very dominant, EURO just already affiliated European countries at this time is still hard to match the dollar. let alone Yuan .. no offense please. have an effect on bitcoin? I do not think his dollar decline will not be so influential on the bitcoin community itself. maybe people will even glance at bitcoin. With good security and transaction system and great support from the community will instead turn bitcoin on. this condition that will make bitcoin will get stronger I think. but who will know even if it happens try to be seen how is in the future.
sr. member
Activity: 588
Merit: 256
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
Dollar currency is believed to be the parent of the world currency exchange, it is very unlikely if YUAN able to replace the dollar. although YUAN has a good value compared to the dollar but until whenever will not shift the position of the dollar. Bitcoin digital currency users will definitely feel the impact of a dollar shift if YUAN can indeed replace the dollar, and most likely bitcoin prices will drop dramatically.
member
Activity: 266
Merit: 10
Bitcoin prices are unchanged if the dollar price falls, as the rise and fall in bitcoin prices are unaffected by dollar prices. So if the dollar price falls then the bitcoin price will not go down ..
member
Activity: 434
Merit: 10
I think if the dollar is down then the bitcoin will increase because the bitcoin is calculated by the value of USD. If USD falls, the bitcoin-USD conversion value will be different and bitcoin will increase to balance this. I think perhaps the great economists also can not recognize that there is a virtual currency worth 20,000 times the US dollars.
hero member
Activity: 1190
Merit: 525
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I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
Dollar and bitcoin are highly interconnected because bitcoin is valued by dollar. Dollar is the global currency and the US government won't allow it to replace with any other currencies. If dollar falls we can see more dips in bitcoin as well as in other altcoins.
The only affect which this world will notice at the time when the market value of dollar will fall down is none other than that of increase in the market value of bitcoin. Like you said, there is no other connection of bitcoin and that of dollar other than this that dollar is used as an international standard to value the market price of bitcoin. This will work in favor of the ones who are having bitcoins in their wallets.

This would surely favour Crypto-Currency, but consequently disfavor our countries economies. Many countries have some reserve in dollars as it's one of the most stable and safe currencies in the world, with its depreciation we all would suffer the consequences. BTC investors would see their money increasing its value, but I don't know if it would worth anyway, as all the products would have their prices increased as well.
sr. member
Activity: 994
Merit: 256
I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
Dollar and bitcoin are highly interconnected because bitcoin is valued by dollar. Dollar is the global currency and the US government won't allow it to replace with any other currencies. If dollar falls we can see more dips in bitcoin as well as in other altcoins.
The only affect which this world will notice at the time when the market value of dollar will fall down is none other than that of increase in the market value of bitcoin. Like you said, there is no other connection of bitcoin and that of dollar other than this that dollar is used as an international standard to value the market price of bitcoin. This will work in favor of the ones who are having bitcoins in their wallets.
newbie
Activity: 32
Merit: 0
Nope Dollar wont fall , its impossible you know .
legendary
Activity: 2100
Merit: 1058
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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin.
It’s not quite possible, I know China has one of the largest markets in the world, but U.S has got some big backup and money flooding in from every angle. Every big company (not really all, but most of them) has got their headquarters in U.S, those that doesn’t have their headquarter their, has a branch office. It’s a strong nation.
full member
Activity: 1372
Merit: 133
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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin.
Guys, crypto currency has nothing to do with real money and therefore one should not think that Bitcoin can replace a dollar, or any other crypto currency. First of all, the dollar is the equivalent of the product and gold. But What can a currency offer that is an air bubble?
I see that you are not very good reviews on кpиптoвaлютe, but still working in society and earn thus money. I think that your words have a rational grain, but only for some but no, that practice is not a singular values. but then as for the bitcoin or эфиpиyм, to date, their price speaks for itself.
sr. member
Activity: 630
Merit: 250
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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin.
Guys, crypto currency has nothing to do with real money and therefore one should not think that Bitcoin can replace a dollar, or any other crypto currency. First of all, the dollar is the equivalent of the product and gold. But What can a currency offer that is an air bubble?
member
Activity: 406
Merit: 13
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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin.
sr. member
Activity: 420
Merit: 282
BTC will go up if/when the dollar fails. No doubt about it. Crypto is the opposite of fiat
I was not convinced with with that speculation, in my sight when dollars fails I guess bitcoin value fails too. Because in reality bitcoin price was depending only in dollars.
So I think bitcoin have no capacity to stand on their own feet due to this coin have depends only on physical currency.
full member
Activity: 350
Merit: 107
BTC will go up if/when the dollar fails. No doubt about it. Crypto is the opposite of fiat
newbie
Activity: 10
Merit: 0
At this rate, bitcoin is far from replacing any type of currency, it would require more people using btc to be able to fully take over the current currencies.
hero member
Activity: 1764
Merit: 505
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There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
If dollar falls it cannot affects bitcoin because bitcoin is a independent digital currency and it's price is depend on the demand of the supply in the market,and dollar is a international currency that's why Yuan cannot replace it because if dollar is fall down all fiat currency will down and U.S. government will not allowed to replace dollar.
sr. member
Activity: 2422
Merit: 357
I dont think dollar will not affect bitcoin because it is just a convertion to a national currency. The amount of investors affect the value of the bitcoin. If Yuan will be the next dollar, well i think thats ok. Its just a basis tho.
full member
Activity: 296
Merit: 100
I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
Dollar and bitcoin are highly interconnected because bitcoin is valued by dollar. Dollar is the global currency and the US government won't allow it to replace with any other currencies. If dollar falls we can see more dips in bitcoin as well as in other altcoins.
legendary
Activity: 3234
Merit: 1214
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Bitcoin has dependence oven dollar value, because till date each Satoshi has got some value in terms of USD. With USD one could feel the value of $10, but the same with bitcoin is also required to be felt through USD.  When this change based on adoption around the world the impact of usd over bitcoin will decrease.
full member
Activity: 151
Merit: 100
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

Cryptocurrecies and fiat are two different world, though they ar einteracting in exchanges BTC wont give a damn on dollars price because the price discovery of BTC is based on its supply and its users even if the dollar value will deflate up to 10 times its value now if bitcoins user and its demand wiwill continue to grow it wont affect its value and its exchange to dollar will be more because BTC price is up and dollar is down, on the other hand what can really affect the value of BTC is its users and the market cap.(DEMAND)
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