Bitcoin Forum

As the title says, what would be the effects on bitcoin if the US economy crashed?

Would there be a sharp rise, as lots of people would want to move their money out of the dollar and into something else, or would the price drop, as a large fraction of the bitcoin community is American?

if the us economy cripples , sure there will be a increase interest in bitcoin for sure ,it wont affect bitcoin in a negative way ,its a good thing for bitcoin, it will blow the charts off for sure. people will be looking for a way to invest either in gold silver and bitcoin .

i agree,people will turn to a new currency to store their money in and everyone buying bitcoin will result in an increase of value.

It will affect BTC-USD exchange rate, but 1BTC is still 1BTC...

There would most likely be a very sharp rise in the value of Bitcoin, Precious Metals, and other currencies. At the point where the USD is crashing, everyone is using any means to save their wealth. This means, if they can figure out how to use Bitcoin, they will most certainly be plowing through the exchanges trying to transfer their wealth.

As for the current Bitcoin users, I doubt they would dumb their BTC unless life required it. They would at most use it for life expenses, however aside from that they would most likely intend on holding their Bitcoin as it is one of the few ways for them to preserve their wealth.

Prices would skyrocket for sure because a large fraction of the bitcoin community is American (and that fraction would only be getting larger in this scenario).
For sure it is. And I see everyone repeating this everywhere. "1 BTC will always be worth 1 BTC". But right now, most people's savings are in fiat. Which means that the point where you buy your 1 BTC matters. 1 BTC is 1 BTC but 10000 BTC are not 1 PIZZA anymore. Please.

it would affect the euro first and other strong fiat currency, and maybe bitcoin in some positive way

bitcoin then will be tied to euro or the new strong fiat currency

It will surely increase the value of Bitcoin and demand for Bitcoin will be much more because more people will try to invest in it but I don't think it's gonna happen anytime sooner because if a situation like arise I think US government will come up with some new currency to cope up with the challenge

If it happens then we would certainly see an spike in Bitcoin value due to the new demand that would benefit Bitcoin and will certainly help into showing or rather introducing it as a new variant into the world monetary transfer as oppose to the tradition way of US Dollars.

If us dollar crashes (totally impossible according to me) then the first thing that Federal Reserve will (must) do is to create another national legal currency, a new one which will have all the needed corrections which make the us dollar crashes. This is for sure. Then what could happen with bitcoin is (as it is always with bitcoin) a big question market. Because will be measured with the new USA national currency. Supposed better than the us dollar. So from one hand will have the people disappointed from the national currency (the ex one) and this factor can bring most of them versus bitcoin. Move that will increase its price. On the other hand will have a much better new currency associated with all the possible propaganda of the State of Usa. This can slow the flux of the people who will want bitcoin. The result. Everyone make its choice.

This is more likely to happen. If the USD collapse due to the enormously debt it has, then it will affect USD only.

If and when the dollar crashes I think bitcoin will raise in value. I don't think this will happen any time soon.
But I'm sure that when this happens there will be a lot more demand for bitcoin.

I´d say it would rise significantly in such a scenario and very likely way beyond the ATH of november 2013. If only 0,1% of the US population would put at least part of their savings into BTC, it would be enough to drive the value well into the four digits ... !

I think it will have a negative impact on Bitcoin. If the United States Dollar loses it value, then the people will offload risky investments such as equities, bitcoin, mutual funds.etc and will try to amass safe investments such as bullion bars and real estate. Bitcoin will lose its worth, of such as scenario happens in the real life.

If usd took a massive plucge in price i would think a large portion of usd users would jump aboard the btcexpress but it would have to be a pretty major crash, the likes of which has never been seen before. At least if it did happen then btc is waiting to cushion your fall.

i dont get it, how can they simple create another currency just  like that. and what made you think that its impossible for the dollar to crash, first off US dollar is highly overvalued and the bubble might burst ..lets see.

I doubt that this will happen, dollars are unlimited if they make it to be. It can go either way really. Right now everyone is depending on the dollar or whatever fiat their country runs. Without fiat, you wouldn't know what 1 bitcoin would be worth right now.

As we all know the global nature of world market - particularly how oil is traded in USD, it's likely that every economy will be significantly impacted.
Then a shift to a next best currency would likely occur quite quickly - but I doubt that it will anything crypto related. Also we will see significant rise of price of precious metals  (gold, silver).
Countries are also likely to ditch the USD and enter into direct trade deals with each other using their own national currencies instead of USD. Then at later date after the crisis bitcoin might rise to power...

I think the price of bitcoin will rise once a global currency crashes. Crypto price will rice along with a crash, but I also doubt it would be used by governments. Nobody knows if the crash is this decade or the next.

This is already occurring. Most of the Russia - China trade is already conducted in either the Russian Ruble, or the Chinese Renminbi. Currency swaps are gaining traction. Most of the nations which are using the United States Dollar are very concerned about the ballooning American federal debt, which can affect the value of the USD in the near future.

If the US Dollar were to fail, then whatever took it's place would need to be a reliable unit of account. The global economy would probably fall back on gold the US Dollar is not going to crash and become worthless overnight. If it does, the price of bitcoin will be the furthest thing from our mind

That case BTC price will reach hypermoon

Bitcoin won't go anywhere but up. People would soon start to transfer assets and value, and switching to another fiat currency won't do much. Gold might save the people, but bitcoins is pretty much what's everyone would be eyeing for in case an economic crash occurs.

that is good question,
however if dollar fall, the world economic gonna be bad.
if its fall now, when bitcoin is not universally accepted yet. Bitcoin would also crash, people would sell their bitcoin for gold.

i dont think it would affect bitcoin much, its a completely different currency and the transactions that happen with dollars arent correlated with bitcoin.

There would be a sharp rise, yes.

A crash in U.S.dollar would be a reason to worry for many of the bitcoin users because the currency is a widely accepted  medium of exchange in numerous dealings done on bitcoin. But actual happening would be people would start dis-investing from USD and bitcoin is likely to rise.

Probably yes in some way, because BTC value is directly influenced by dollar value. You calculate how much dollars you get from 0.57 BTC and so on.

That would definitely affect the "value" of bitcoins if everyone here is valuating their coins with USD...
The inflation/deflation affects the price of Bitcoins, based on what exchange rate you will be getting in other currencies too...

Yes I think there would be an affect.
I guess it would be the same as with gold when the currencies go down.
Bitcoin would go up in value!Pretty simple. And when USD should lose it's status as world reserve currency, we wouldn't value Bitcoin in USD anymore.

If the US dollar collapses, it will affect all the world economy as all international trades are done with dollars.
It will impact the bitcoin price of course as some new users will start using it

I think it would have an effect on bitcoin. I believe the price of bitcoin will go up as soon as the dollar crashes.
Which is good for all the bitcoin owners out there. We would be able to get some good profits out of the dollar crashing.

Well that is difficult to say, when it will crashed they are still people using fiat money I doubt that bitcoin will just rise like that.
The Euro country or England and other country will just help America to go up again. I doubt we will see a crash with fiat money.

Sure, the price will explode. Please are trying to get alternative payment like Gold and Silver. Because those goods could be easily controlled and limited by the government, Bitcoin or cryptocurrencies in common, will be the perfect way to keep value of one's wealth.

I really think it would have 0 negative effect.  If anything, more people could possibly begin to invest in BTC.  Kind of a tough question though.

I think if you are on almost any metal and ofcourse Bitcoin, you would become an instant millionaire, as if the dollar crashes, ALL other fiats would become worthless as well.

I think that the price of Bitcoin will rise a lot as the demand for it would sky rocket. But no one would sell their Bitcoin as the USD would be worth barely anything.

Yes, if the dollar would crash, I think that it would have a positive effect on bitcoin.
Meaning the price/value of bitcoin will rise.

I think bitcoin will shoot up to the sky in value, there will be more demand for bitcoin therefore, more demand means the value will rise.
The value will rise because there is a limit as to how many bitcoins are available in the world.

Any negative thing that happens to the dollar will be a good thing for bitcoin because I think that the bitcoin will rise in value as the value of the dollar will go down.
I don't think this will ever happen though, the governments are creating more and more debts but at the same time they are able to keep their heads above water.

It depends on what you meant by "If the US dollar crashed". If you meant that it no longer exist, we're all rich. If you meant that the value of the US dollar crashes, we're also rich, but not as much as scenario one. I think there would have a sharp rise because the panic that would happen will so extreme that the whole world would become crazy and would try to find something safe to put their money on.

The US market affects mainly all big currencies, including my own countries currency and I don't think it will ever crash. If it does, then it would affect all the real currencies but not bitcoins as the bitcoin price would be calculated according to other currencies which would rise, most probably. So it will be a positive sign if dollar doesn't exist anymore.

If US currency crashed, bitcoin would be the new USD.

Yes, Forex traders would seek somethine more stable and bitcoin is stable in the way it won't crash but also a currency which can grow more then other currencies.

Not that I want it, but it won't  harm my bitcoins ;)

If the USD crashed, we would have a lot bigger issues than the price of bitcoin.

Logically, however, it should increase the price of bitcoin for anyone who uses USD. Similar to other currency exchanges, USD has less buying power so it will take more of them to purchase a bitcoin

The price of bitcoin would sky rocket as people with USD and other currencies sought to purchase bitcoin and other currencies.  Of note, not only the price of bitcoin would increase.  Also, gold, litecoin and other cryptocurrencies would see there values rise sharply. 

It isn't the government that creates dollars, it's the banks. A banking crisis could cause people to switch away from bank deposits to actual cash, and of course Bitcoin. They  could also switch to Renminbi, after all, there are a lot of Chinese in the US, and oil is being quoted in Renmimbi on some exchanges.

If the US dollar crash  it will affect all world together with bitcoin,we can compare that to explosion of some
mega huge nuclear bomb
But tell me what is US dollar crash for you

If the US dollar will crash it will have positive affect on bitcoin price i think it will reach more than $10k in very short time of period after this but how the US dollar will crash?

The US dollar leading the whole world economy i don't think there any chance for crash there but if in any case that kind of incident will happen than we will have positive rise into bitcoin price it will significantly will get more higher and stable than our imagination.   

If USD somehow would crash that would bring down most of the world economy with itself. In a crippled economy during the time of uncertainty many people will go for the traditional stores of value like gold, instead of something new and not very well known like bitcoin. In addition USD and bitcoin economy goes hand in hand in this early stage so bitcoin would suffer too.

Surely it will an added advantage to Bitcoin if the US dollar crash but it's not so easy because government will do their best to stop dollars from going down and to make it stable they might introduce some new currency in worst case scenario even if dollar crashes

That would never happen but if it did, it would not matter. We would just transfer our bitcoins to other currencies.

This would be very extreme don't think something like this would happen.

If it would happen the price of bitcoin would just jumped somewhere near $ 1500. Maybe even more, but this would be random
speculation.

If the US dollar crashed, bitcoin is just a small thing, in terms how this would affect the world.
Many countries will have problems by losing value on their currency.

Sure it is good for bitcoin, but very bad for the world.

Its very difficult that USDollar is going to crash because they are doing many things around world just for this but if any case its crash then its going to be very good for Bitcoin because this is going in more demand and rise in price

I see the dollar crash somewhere in the future. But not right now.
The US governement find a way to avoid it every time.

But there will ome a time there is nothing more that can be done to undo their lunatic spending.

The only way that we can see the American government actually have to look at their spending is if another country funds a way to remove the USD as the world reserve currency. As long as they have the USD as their backbone, they can print and spend as much as they want. All that happens to the USD is that it will lose some value, but to be honest the gov't wouldn't care much about that, since they can continue to print more to compensate.

This isn't necessarily exactly what is happening, but it is certainly an issue.

I think bitcoin will rise in value, I can't say this for sure because I'm not an expert in economics.
I can only guess at this point, I think the value will increase because the dollar would be worth less if the dollar would crash.

Sorry for the late answer (very late to tell the truth). But I visit rarely the thread when I post even I am noticed that are new posts. Making my post think to not have more to tell. But forget that must be comments to my thoughts which want answer. So sorry again and here my answer.

Why don't get you? The create of the other currency? Is the most easy thing to do. All the national legal money within a country are centralized ones and owned by the state itself. So the state can do what want with its money: devaluate it, over valuate it, create another new which can be used like the old one or eliminate at all the old one and use only the new one. Accept as legal money other currencies of other countries, regulate or classify in various ways and grades those. Like was did with bitcoin in various countries of the world. There are not two countries which treat it in the same way. Every country treat find convenient for its economic situation primarily but even other factors. All those are realized through an Authority created especially with aim. To manage and take care for the national money. Named normally Central Bank. But even otherwise. At USA for example is named Federal Reserve. And its power is such that can change everything has to do with this money. Even to substitute it if necessary.

As for my conviction of the impossibility of the crash of us dollar this is a conviction that come from the strong and very well structured economy of USA. This economy which lead all the world has immense potential and first of all is leader in the new high technologies which brings amounts without end of money. Has those big new technologies which change all the world in every direction. And USA is the undisputed leader in such field. This make that all that debt that make fear to you or even to many other posters here in bitcointalk be "eliminated" in value by the above mentioned or the new ones which came in life every day more. The Government of USA is one the most open mind Governments in the world. Not by chance all most developed country of the world follow the USA in every new step they do forward. Such economy cannot leave never that its money have such kind of problems mentioned by you. Are one thing the theoretical figures and a totally other thing the reality. It is the second who rule. And the second in USA is extremely strong. Even if can prove crisis from time to time.

I can tell even more but I think that this can be enough for the moment. The other words will be only new examples which will reinforce the abiove and the esence is given above.

The value of bitcoin will rise because it is useful. We can use it as currency to buy things. We can also invest in it to preserve value.

i think that if us dollar crashes, bitcoin will hit a new max value, I think it is impossible otherwise

I do not think it will happen so fast.
Otherwise they do have a emergency plan for US dollars.

This is correct. Also comparing USD to bitcoin is like comparing ocean to a glass of water.
USD has tremendous backing force behind it and bitcoin has... well, not much beside constantly divided against itself community and miners obsessed with fast profits.

It would affect of course a bit but not completelty crashing the bitcoin too, it will affect also other currencies that GBP china yuan etc.

Yes it would. Most probably the price would go up a bit since investors would look for other currencies to invest. Or...
The price would collapse since a lot of insecurity would run the markets..

I really doubt that the US dollar will crash anytime soon. If it does though, the price of Bitcoin will rise.

If USD crashed then all paper currencies would as they are all tied to the USD in some form or other (free float or peg). It would normally die a death through hyper-inflation (Zimbabwe, Weimar or something like modern day Venezuela is going through right now, 750% a year!) so the price in fiat terms would explode, to da moon etc. But why would you want to swap BTC for hyper inflated fiat? You would use the BTC as a store of wealth like PM's, then when the new US currency is resurrected you could then trade some BTC for the new USD fiat currency if you wish.

I don't think that will happen, a country with grown economy always has an alternate solution for crisis. So eventually if something goes wrong they will make it stable and don't allow dollar to get crashed

I feel like if anything we will different scenarios attacking the us dollar.

Heres my version:

1. We cripple ourself which is known by the huge deficit in the trillions like we most know

2. Another battle between countries racing to replace the dollars world currency as their own country - like china, buying precious metal, positioning themself to be branded as one. It doesnt have to be china, but I chose china due to bigger economy then the u.s.

I don't think that the crash of dollar will make way for the growth of bitcoin. Even now we are calibrating the price of bitcoin in accordance to dollar. So, even if the dollar rate gets reduced it impacts the bitcoin price. How it takes place is due to overgrowth in technology or sudden variation in market stats

If the US dollar collapses then guys it's only time for one thing and one thing only: war. So please let's not have this scenario in mind. US will never tolerate a single failure, they are like small children, they don't like to lose.

If the US dollar crashes, a new successor has to be found.
Given the current state of fiat, Bitcoin will be a top contender.

Anyway I think so, because people step than to go to Bitcoin and companies are increasingly accepting bitcoin.
But I do not think the US dollar is going to crash so fast.

I do not think frankly. because the US dollar is so big that it almost can not disappear and when that happens, they have something else for it.

The US dollar will not disappear easily. You have to destroy the US army before you can destroy the US dollar.

I think that's definitely going to happen. If it is really bad with your US Dollar, then I'm sure people are going to go to Bitcoin.
I'm really sure, but you never know what can happen. It could also be that Bitcoin is very bad.

Sooner or later this will happen , nothing is endless

Investors would probably go and find another trustworthy asset.
And yes bitcoin is a trustworthy currency then. But a crash could lead to a real big crisis.

if usd crashed, people with usd on bitcoin exchanges would start buying bitcoin.. then btc would rise.
A USD crash could bump up the value of bitcoin temporarily.

I think if it will happen there's no effect in bitcoin they are not the same and i think the bitcoin will be popular if it will happen.
But its impossible that the us dollar will be crashed this year or even in the future because us dollar is our main money world wide. so its impossible..

it is very possible. because the benchmark price of bitcoin is USD dollar. and when the dollar weakens against other currencies we are using currencies other than the dollar could feel a huge profit.

I don't think it will affect bitcoins in any major way because bitcoin is like gold and the price might increase when a crash happens.

it will crash alongside it. they go hand in hand.

You cannot take away a big part of the market valuation and expect it not to crash at least for a short term, there would be no chance of an increase until China was fearful that they was next and put all there money in btc. The most likely event would be the real gold would rocket with the smart money being invested. Lets hope the dollar stays around for awhile longer which ihave no doubt it will.

The dollar crashing would create chaos in a global scale.
Don't bother about bitcoin when it happends. bother about your life, because it would impact your life big time.

Really there will be a big crash for bitcoin too if the dollar crashes. Such incident won't take place that easy. US dollar has a great connection with the world economy, so when world market gets disturbed surely we can see impacts on bitcoin

If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.

In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.

unlikely to happen, those are strong fiat currency, at best you can hope for weak fiat currency to collapse and be overpowered by bitcoin

also bitcoin can be used more without the need of strong fiat to collapse

atleast some of us get the difference between a stronger fiat currency lol.

I wont live around to see the US dollar fail if the dollar has been going failing since forever, so its safe to say ill be using my bitcoin before I die then hoping to beat us dollars lol.

I think the bitcoin will rise a lot in dollar terms.

Yes surely the crashing of dollar will make some impact on the bitcoin price as well growth. The price impacts will affect only the users who use bitcoin by exchanged fiat.

The price of bitcoin is in inverse relationship with the fiat or th eUS dollar. So when the dollar crashes, the bitcoin price will rise.

I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.

In longer term, the value of US dollar will decrease due to the increase of monetary supply faster than the GDP.

Take in effect that the debt ceiling is also making the us dollar look weak. Printing money etc. is a direct enemy of the us monetary system.
In a few years it will collapse like many guru's have predicted.

This gives other currencies like bitcoin a perfect chance to be in the spotlight.

In case of a dollar crash, it is undoubted that people would look for another option to protect their capital, and some commodities and metals would become the first option to be taken into account for most desperate persons, but only smart investors would turn to altcoins and their interest perhaps could be enough to increase the value of bitcoin.

Most investors would dive towards gold and silver, driving their value up, but there are some people who might look towards Bitcoin as a haven for their assets, simply because they're value won't rise as rapidly as precious metals and they could buy more for a cheaper value (at least initially). It would be good for everyone to diversify their investments, but if necessary people will dump their money into whatever they see others find value in.

I think economic distress, especially when associated with a lack of confidence in government fiscal or monetary policy, has a tendency to benefit Bitcoin.

Now if the dollar itself crashes in exchange value, which is different from an economic collapse, then of course Bitcoin is likely to rise relative to the dollar all other things unchanged.

If the US dollar is crashed, it means the fiat system in the world is in big trouble as US dollar is the reserve currency. So it is good for bitcoin.

When the dollar crashes, the assets value against dollar will rise. The bitcoin price will also rise. It depends on the value of the dollar.

Yeah.

If USD goes down, bitcoin will go up. But it has its limits.

If USD really fails, I mean really, like; if the President gets headshotted, then yes Everything will be fcked but Gold.

If the bitcoin can buy 100 breads, and after the US dollar crash, the bitcoin can still buy 100 breads. So there is no difference.

I think not how is the US Dollar able to effect the Bitcoin. I do not know how the effecting currencies works but I am sure that Bitcoin would be fine and we could just do what we always be doing.

If the bitcoin is priced in US dollar, when the price of dollar drops, the bitocin price in dollar will rise.

In the long term, the dollar value drops all the time. So the bitcoin value in term of dollar will increase.

If and when the dollar crashes I think bitcoin will raise in value. I don't think this will happen any time soon.  But I'm sure that when this happens there will be a lot more demand for bitcoin.

If the US dollar crashed, than would it affect bitcoin of course but the chance is really low that the US dollar is going to crash and that is because it is still many used.
And it is also important for the most people with Bitcoin so that have to change and some people wants also now to make profit with Bitcoin which that is not possible for them.

It would effect Bitcoin in some way because many people are selling there Bitcoins for the US Dollar and if that crashes then people have to find other currencies to sell there Bitcoins for.

I think only the miners will have to sell their bitcoin to pay for the mining cost. Other people can use bitcoin to buy things directly.

off course it will affect the bitcoin in all ways and that is because the bitcoin is worth allot of dollar so as you can see if the dollar crash the bitcoin has no value..

When the dollar crashes, the bitcoin price in dollar will increase. For the last 7 years, the dollar crashed against bitcoin.

That is right. The value of the dollar crashed against the bitcoin at least 10 thousand times. It will crash again and again.

I reckon the value of US dollar will crash 50% against bitcoin in the next 10 to 20 year. It could be more if people lose confidence.

Offcourse will it affect the bitcoin price and that is only because the bitcoin exist about the dollar or another valuta. So i dont know why you people
Keep thinking that is wont affect the price of a bitcoin...

First at all the Dollar cant crash off course only if there is a nuke dropped on whole america and other countrys that use the dollar but even than the dollar wont disappear.
And not replaced by the bitcoin becasue the bitcoin will be death at the end of 2020.

Yeah it would effect Bitcoin somehow because many of the Bitcoin users sell there Bitcoins against the US Dollar, so know they will have to fgind a other currency to sell for.
I think that it would not do much but it would be somewhat a problem at first.

I also think that it would effect the Bitcoin somehow because many people are selling there coins for the US Dollar so now the users have to search for a other currency and maybe that is going to be harder.
So I am not sure how it would go unless it is going to happen.

When the US dollar crashes, the bitcoin will be the major currency. It can rises a lot in terms of US dollar.

The US dollar will not crash suddenly. It will just drop slowly due to the inflation. The bitcoin will also rise slowly.

Yeah it would have some effect on Bitcoin because most people sell there coins for the US Dollar so I am sure that because of that it is going to effect Bitcoin somehow.
Now people will have to find a other currency to trade in there coins for.

Yeah I agree just like you sad many people trade in their Bitcoin for the US Dollar so you can say that it is pretty important for Bitcoin.
It is somehow going to effect Bitcoin but how it will effect it is what I do not know.

If the US dollar clapses, the bitcoin will replace it as the world reserve currency. So the price will rise a lot.

I do think that it will effect Bitcoin somehow because I know that most people sell their Bitcoin for the US Dollar.
If the Dollar crashes then there has to come a replacement for it but i do not know which currency would be best.

The price will bitcoin will rise exponentially when the US dollar crashes. It will replace many fiats in the world.

That is right. But it seems that we need to worry about the short term bitcoin now. One exchange was hacked.

The bitcoin price has already recovered from $450 to $550. So the market confidence has recovered as well.

If the USD crashes I would expect 10k BTC in no time. Now a lot of people is aware of Bitcoin and they would too see the potential. Once everyone starts dropping money on BTC the price will skyrocket due the tiny marketcap.

It could probably be higher than $10k USD to be honest, I wouldn't be surprised if we hit something more along the lines of $20k or higher, depending on how many people look to Bitcoin as a safe haven for their assets.

Most of the buy orders that could be filled would be filled nearly immediately after the USD goes down 5 cents v. every other currency, and then people would just start dumping whatever USD thy could into Bitcoin (if they opt to do so) and fill basically every sell order, until the sell orders start to dry up and the buy orders skyrocket.

Most likely Bitcoin's value would increase compared to the Dollar, GBP, EURO and other fiat currencies. It would be seen as being more stable and the value increase would entice others to get some. I doubt it'll fall as it is not fully reliant on the US economy to keep it going.

The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.

I think so. That is the reason why I have bought the bitcoin in the last few years and keep them for the long term.

If ever there was a time for the dollar to crash it was between 2007-2009, and it didn't even come close.

I don't believe that myself. There would be a small hard core of believers who'd carry on buying. Everyone else would examine their beliefs, panic like fuck and pour into gold or just sit there and be eaten by devaluation.

Bitcoin's a generation or two away from being a genuine safe haven, if that ever happens at all. For most people this is an extreme bet and it would be the first thing they'd abandon if the shit truly hit the fan.

If the dollar collapses the last thing anyone will give a fuck about is bitcoin. It will be food, ammo and fuel - prepare to protect what you have, take from others, or die. Ffs let's end this ridiculous notion that bitcoin value will moon in the face of US economy collapse.

Of course it would have an effect on Bitcoin.
But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU

And then there's that, it's not going to happen.

It would effect Bitcoin somehow because many people sell there Bitcoin for US Dollar, but also know that it is not going to happen.
The US Dollar is never going to crash because they will always have a solution.

Never say never ;) And with Bitcoin - there is not a single person to kill ;)

You can have partial answer for Op's question. Yuan was recently evaluated and this as a result caused BTC price to instantly reach $600.
We know that planned davaluaton is not exactly a crash but you can see what is happening when currency is losing its value - bitcoin is gaining.

I can tell  you one thing that is really but really important and that is the us dollar cant crash anytime because everyone is using dollars in the world bitcoins can crash dollars cant.