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Topic: what will happen with the BTC, if the dollar falls - page 9. (Read 3421 times)

member
Activity: 280
Merit: 10
If the dollar will fall bitcoin will remain at his power since dollar has no control over bitcoin. And if the dollar will fall maybe that would help a lot for bitcoin gaining more control to all altcoins since dollar became less in value anymore.
legendary
Activity: 1288
Merit: 1036
Probably nothing and even if that happens, big bitcoin investors would probably dump all of their btc and sell it for EUR or whatever they like the most and that said currency will gain power, yes? just as dollar isn't the only currency out there, bitcoin isn't the only coin.
The question should be what is even causing the dollar to fall. Dollar can fall anytime based on the market strength at that moment and that has nothing to do with BTC at all.

Bitcoin just like you said is not the only currency and moreover USD is traded against other currencies out there. Except in the case where everyone is busy dumping their currencies including USD for bitcoin, then maybe something could end up wrong, but I really do not see the possibilities of that yet.
full member
Activity: 1204
Merit: 104
If the dollar falls the bitcoin is going to gain from that nothing going to stop bitcoin as the usage of bitcoin is day by day increasing so anything can be happen so it is time to make strategy to hold the bitcoin and expecting the better result from it.
Unambiguously no dependence of the dollar and Bitcoin on each other. But if the world economy falls, and all currencies fail, in this case the interest to the crypto currency will grow very much and perhaps it will be a Star hour for Bitcoin.
hero member
Activity: 1820
Merit: 515
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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?
Well I think if the value of dollars fall down,
Then the value of BTC will also crash down.
Since bitcoin is just for online transaction only and has no physical appearance,
Means its still depend on dollars.
And the dollars are the universal money currency so far.
So it has a big effect in the value of bitcoin the rate of the dollars.

No bro,the price of bitcoin is not based on dollar so it doen't make any effect if the dollar price falls and the bitcoin price will increase when we buy using dollar.You should know that bitcoin price is based on satoshi so the bitcoin price only falls if the satoshi price falls.
And why you saying dollar is universal currency,if it an universal currency why I can't use dollar in my country?
Dollar is not universal currency it is just only the currency of USA.
full member
Activity: 168
Merit: 120
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
Well I think if the value of dollars fall down,
Then the value of BTC will also crash down.
Since bitcoin is just for online transaction only and has no physical appearance,
Means its still depend on dollars.
And the dollars are the universal money currency so far.
So it has a big effect in the value of bitcoin the rate of the dollars.
full member
Activity: 210
Merit: 100
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If the dollar falls the bitcoin is going to gain from that nothing going to stop bitcoin as the usage of bitcoin is day by day increasing so anything can be happen so it is time to make strategy to hold the bitcoin and expecting the better result from it.
full member
Activity: 218
Merit: 101
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I dont think dollar will fail. But if it does, more people would switch to cryptocurrencies. So I think, bitcoin price would raise.
legendary
Activity: 2422
Merit: 1451
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It would be very much likely that there would be a rush to buy Bitcoin just as there used to be with Gold. However, this could only serve a certain part of the population as it would not be very convenient for corporations to try and secure assets through Bitcoin. Only those with a high risk tolerances would prefer Bitcoin, the number of those interested eiumd depend on how much the dollar could fall.
member
Activity: 72
Merit: 10
Yuan won't replace the us dollar anytime soon. Americans & Europeans have no interest buying and selling in yuan, lots of currency controls in place on yuan, china manipulates their currency even more than the usa does. Doesn't make sense for yuan to be a worldwide currency
member
Activity: 60
Merit: 10
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Theirs a possibility for yuan to be in the place of dollar in worlds currency however i don't think it will affect bitcoin ot any cryptocurrecys price at all.
jr. member
Activity: 546
Merit: 1
Maybe the btc will down..
full member
Activity: 308
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?
fiat to btc,i think that's not good because of volatile price of bitcoin and there's a lot more problems.Think if we replace fiat with the volatile price of bitcoin that's not good because think if you deposit in some bank and after a few years bitcoin drop by half so it's not good.I think we always need to risk some money here in bitcoin if you want to stay here
legendary
Activity: 2702
Merit: 4002
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

Nothings bitcoin is an independent coin.

most of us make [Bitcoin & other cryptography] exchange to USD and reference for the dollar price.

you can exchange your [Bitcoin & other cryptography] for any coins. 

generally, if YUAN replace the dollar price of bitcoin will increase because most of [Bitcoin & other cryptography] came from China.
member
Activity: 238
Merit: 10
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 so bitcoin will tak its time to run even higher more than highest high.
Yuan will have no power to change dollar in this case. Dollar will always as international known currency.
member
Activity: 112
Merit: 10
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

From my personal point of view, the appreciation of other currencies such as the US dollar, YUAN, or not, will not have much impact on Bitcoin as the nature of the BTC does not depend on any currency. With the YUAN coin I think it will never be able to replace the US dollar, only the BTC will have enough influence to replace the USD in the next 10 years. In the current situation of reducing BTC, the purchase of USD then invest in Bitcoin is wise, can make a big profit. Since USD price is always stable and BTC is up and down eratically  Tongue
newbie
Activity: 43
Merit: 0
If USD falls then many crypto currencies value going to moon not only BTC...
full member
Activity: 456
Merit: 100
If the dollar falls the value of BTC increases because of its demand. The value of BTC doesnt depend on the value of dollar.
hero member
Activity: 2744
Merit: 541
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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?

Nothing special, people start using crypto currencies. I don't think Yuan will take over. Instead of pegging it against dollar people will value it against 'real' goods like an egg for a Satoshi and so on.
yeah right,and do the Op think what would be the americas
move if they push that matter?to think that uts impossible to happen
its more impossible that so many to choose why Yuan,its Yen first before
 yuan does
full member
Activity: 294
Merit: 102
I really think it is impossible that dollar will fall, but if it happen well i guess its either bitcoin value will gonna crashed too or it will open a lot of new opportunities for cryptocurrency to recognized by the government.
member
Activity: 286
Merit: 31
If the dollar falls I think there will be only one thing can happen with BTC is Bitcoin price will go to the moon Smiley). But I think this case will never happening cause dollar will never being replaced by Yuan Smiley

Yes it is true. Usd is never changed by Yuan. Yuan is not really accepted in most country.
But if USD fall then the time for cryptocurrency to grow more and more.
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