Bitcoin Forum

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.

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.

Yuan replacing dollar? Do you mean Chinese' currency? No, where did you got that news that Yuan will be replacing dollar. It can be use and good for being a local currency but there's no way something that owns by other country to be used and replace their own currency. Nothing will happen if this unexpected thing will happen to bitcoin there's no need to worry.

Nothing really significant. There may be an increase in the price of BTC against the dollar (people looking for secure stores of value/wealth) but if you’re not contrasting it to anything then there won’t be any specific change. In other words, the USD purchasing parity in terms of BTC would be less than that of other currencies like the GBP/EUR/YEN etc. 

If the dollar falls I think there will be only one thing can happen with BTC is Bitcoin price will go to the moon :)). But I think this case will never happening cause dollar will never being replaced by Yuan :)

I don't think if the Yuan have a capacity to replace dollar in the future, maybe bitcoin because their price in the market was totally raised up that's why they surpass dollar. Moreover, bitcoin now is more valuable than the past weeks or months so I think they have a capacity to steal the position of dollar in the market. All we need of bitcoin is to become legalize into different countries.

Because if this bitcoin can't legalize by any government I think it's nonsense to surpass dollar or any other currency in the world.

The yuan has replaced the "petrodollar" in both russia and china. Oil buying/selling in those countries was once denominated in us dollars, this is no longer the case, the yuan has taken over there. Also china proposed a program to allow the yuan to be exchanged for gold. Depending on implementation details this could make the yuan a more gold backed currency than the US dollar, which could carry less support for gold exchange, and perhaps increase the yuan's perceived reliability.

China does appear to be taking steps to strengthen the yuan. This would benefit the people of china. Their consumer buying power would increase which could translate to elevated average standards of living. On the flipside, a stronger yuan could be bad for chinese exports as the private sector relies on units sold to make their profits.

Directly effects are zero. People from China watch BTC quotation in Yuan for local purposes as it's their currency, people from each country watch BTC quotation in local currency. What happens with Dollar is that everyone always look BTC quotation as Dollar being the reference before looking their own local currencies. If Yuan takes control like you say, what would happen with Bitcoin is that instead of Dollar be the reference, it would be Yuan.  :D

Nope, i think dollar still good and yuan also good too but i'm not sure Yuan will replace the dollar. If something like this happened, i think the bitcoin price will not affected by it. The bitcoin will stay remain or even increase because of that happens.

I think the price of bitcoin will increase and it will be difficult for us to buy bitcoin to lower the bitcoin price because bitcoin is now expensive.

Dollars is a global currency. That is the reason why it is the basis of bitcoin. As a global currency it is not possible to easily replace it by other currencies. Even dollars is not used due to state currency diffences, it only means that still most of the population uses it.
Answering the question of what will happen to bitcoin, that only means that the amount value of dollars will increase that will represent the exact value in bitcoin.

If usd falls that is good for cryptocurrency and if yuan will replace it,, the effect of this event to bitcoin is minimal.. Then it will only boost the usage of Yuan worldwide,, so in short it only be a one sided benefits more on Yuan than to cryptocurrency.. I’m not a fan of this fiat currency but I’d rather have this than usd that is overrated for so long even we all know that America is economically down having trillions of debts to China is as telling as it is..

If yuan will replace usd it will be not falling but an organic process in a global ecomonics. If they will decide to keep Bitcoin live so that's how it will be.

Yes,china and russia had discussed for years to avoid USD while buying oil.Now,they have succeeded and their next step is to replace USD from the position of global reserve currency since USD is already in its last phase as it has already crossed seventy years.Either yuan or euro may replace USD and then,bitcoin would be valued globally in any one of those currencies.

China is banned the bitcoin and now giving shit products through out the global countries. You have to avoid the USD as well as YUAN which is the country represent to control the world countries. Even country should work idependently none of the need here to control the world.
I hope bitcoin is only currency which can give back fire all the countries which will be allow to have the transaction is been taken part in sender and receiver end alone. No need the help of merchant side.

in fact we do not need to care about fiat currency
because we all already know that crypto currency is not influenced by anything.
crypto currency can not be controlled,
this goes according to the block it launches and how much we consume it (adopt)
therefore it is very difficult to know the movement of crypto currency

In the event of a fall in one of the world's currencies, this will have simultaneous effects. Dollar and other currencies are very important to maintain the balance of the economy, if you can imagine then Bitcoin seems to be going down and that includes all other Altcoin. The dollar price decline is very bad for Bitcoin, so we all certainly want a safe and reliable economic condition because it will make real currencies and digital currencies stronger. Do not ever do stupid actions like panic sell, because it can lower the price of Bitcoin very drastically and after that we will all be experiencing an increasingly widespread impact.

I thinks there's no relevant  or something happen to the world of digital currency because fiat currency and bitcoin is have a different division.while about saying of some specialist that yuan is replace the dollar ,this is not true and only there speculation ,because as long  great countries still there like USA,you cannot deminished dollar as fiat currency as there no 1.exchange  because its useful everyday as a money exchange in the whole world.cryptography is still there ,always working and nothing will be affected because there's no connection if dollar will fall.

yuan can't replace dollar as Chinese economy is depended on export. If yuan goes up in future, their economy would not able to survive because of low margin. So just believe in crypto currency, it is the future currency for coming generation.

If dollar falls, i think there will be no change in bitcoin. Bitcoin will continue to grow and grow. You are saying that yuan will replace dollar, in my own opinion its not and it will never be. Yuan is a type currency that china using and dollar is a currency that US use so its hard to think that yuan will replace dollar, maybe it can surpass the price but replacing it as a currency will never be happen.

Dollar, Peso,  rupee, all are Different currency (FIAT) . if dollar falls then some currency will rise, In My country, There are two Currency that is great in conversion of amount, Dollar and Euro, so if dollar falls Euro will arise since bitcoin is not known into any respective place in my country. and if this happen A good idea is  to consult the United Nation Leaders if they agree. Bitcoin will always be volatile and strong if this happen.

Country might be stated as the most powerful country but their are alot of countries richer than them. We can have euro or even pounds as one of the main currency for tracking how much bitcoin has increased if ever dollar alone would fall.

There is no connection between the bitcoin price and dollar price normally we calculate the bitcoin price in dollars.So if the dollar falls there will be no change in bitcoin price.
But there is no chance for dollar price to fall because America is controlling the world's economy so they never let their country's currency value to fall.

i think it can't be that China yuan replace the united states dollar for right now, and maybe cryptocurrenceies specially bitcoin would not receive the big impact about that issues and the price will stable because bitcoin is working separately with USD or another currencies

Historically when fiat currencies such as the dollar or euro fail, people buy gold (precious metals) to maintain the value of their wealth in the face of devaluing hyperinflation. If gold or precious metals are unavailable, recently there has been a trend where people have bought big screen TV's and other electronic devices (goods) in an effort to avoid having their fiat denominated wealth be devalued.

Bitcoin's performance over the past year and its supply being algorithmically limited could recommend it as a more desirable option to gold or precious metals. The problem with gold is, it has no point and click electronic utility. It must be physically carried and spent which greatly limits its buying power and application. Precious metals are not supported as a legitimate means of buying/selling in most economies. Without venturing too far into the gold versus bitcoin debate suffice it to say that bitcoin could dethrone gold as the de facto standard in terms of what people buy in times when fiat is in distress.

If dollar falls, I believe another currency will pick up and become the best currency as dollar is now. So I don’t think that will in anyway affect Bitcoin, whether dollar fails or not. Something tells me that dollar won’t fail, cause lots of things has been established there. Every big company in the world are kicking it off in U.S.

Yes, United States is the world power, and dollar is the reigning currency, but if dollar happens to fail (which probably means U.S is out of being the world power) I believe another currency will be in control. This is a long story, I better cut it short and say– whether dollar will fall or not it will have nothing to do with Bitcoin I believe.

I see this changing in the long run. We cannot expect bitcoin to just step in now and everyone accept it immediately. I remember when the whole idea of email started, it took so many years before it could turn to a global widespread thing and people started adopting the use of email and then we keep having improvements gradually. The same thing will end up happening to bitcoin.

I really do not see that happening anyway and maybe that is what China has been hoping for which has been making them attacking bitcoin from every angle. I really do not see how the downfall of dollar will affect bitcoin negatively; people will just go ahead with their normal daily activities and then make use of bitcoin to do their transactions which would even keep strengthening bitcoin.

The dollar will not fall, a depression maybe but said dollar fall was not possible because it was the main currency in the world, back up by a giant of economic and military, America.

If the dollar will fall I think people will prefer use Bitcoin to dollar and Bitcoin will become more popular than before and it'll be legalized in almost countries all over the world.:D. This case will lead to Bitcoin price go to the moon :)). But it's just a theory and I think it'll never happening.

I think BTC won't be affected if ever the value of dollar falls.  We all know that Bitcoin value is independent from the the fluctuation of dollar.  The only effect is that Bitcoin have more value in Bitcoin to dollar exchange and when Yuan become stronger then the only effect is that the Yuan dollar exchange will be affected and this also means that Bitcoin will still have the same value. 

Bitcoin is valued in terms of dollar, so a drop in dollar value will surely get termed to be a drop to the value of bitcoin. However high the price might be, this is the true fact.

I doubt something would happen, it would be a surprise to see dollars being replaced by another currencie, but since people would adapt those and using it the same way we do with dollar, some use for store of value, sure in the begining it would make a huge impact over the price, but well there is euro as well  that is more easy to trade. Most people would adapt to the changes, even with those meaning another player taking the main role into bitcoin transactions.

Btc more pump,but now USD is stable.

I don't think Yuan could replace dollar more likely euro could be the one, but not close, usd are spread over Latin America and Africa.

Bitcoin price will of course soar higher as we will end up seeing investors trying to quickly put their funds where at least find a better value. However, in a case that something like this end up happening, I guess global currency power won't just shift from USD to Yuan just because of that and I really do not know how something like that would even play out.

One thing is that other currencies will just end up stronger, but I do not really think that can cause another currency like Yuan being used as a global currency.

bitcoin prices are not affected by dollar prices, even if the dollar price falls, bitcoin prices will stay that way, will not change.

The dollar will never fall. the government will not allow this to happen

If dollars fall its value difinitely BTC will also fall because the value of BTC is measured in dollars BTC has no value because it is only the perception that this currency that we  cannot touch has a value.the true assits is the thing that we can see like real properties and gold which  never devaluate.

Actually, it is impossible to happened since the economy on the united states is stable and bitcoin's performance is good and breaking its previous records. Well, if we try to assume that it will happened, USD is not the only currency that can affects on bitcoin which there are many currencies throughout the world as a reference currency. Bitcoin doesn't rely on USD currency but all currencies which can be converted to bitcoin. Also, bitcoin has its own value as an independent currency in the cyberworld.

Dude, like seriously, your answer adds up to nothing. Who gave you the idea (and hope) that if dollar fails that people will prefer to use Bitcoin? Funny, nobody would get into Bitcoin just because dollar failed or whatever it is you may think. And to let you know, if dollar fails and another currency takes over, Bitcoin will be affected in some ways, because calculations are mainly being carried out in dollars. If dollar fails, another currency will probably take over.

I really wonder. Dollar falling in value does not mean China will just impose Yuan on every country globally to start making use of Yuan as a global currency. Worst that can ever happen is that the value of USD will drop against other currencies which would also include bitcoin and then a lot of investors anyway would just find a better means to store their currency and get a better value for it.

If dollar falls, I don't think it will affect the bitcoin because bitcoin has its own value and I don't think dollar will fall then Yuan will replace it because economy of america is stable eversince. It is just my opinion.

I think when the dollar fall, Bitcoin price will increase very quickly and go to the moon soon. Beside Bitcoin will be able to replace dollar as a global currecy then it'll be legalized worldwide and we can use it directly worldwide :D. But it's just "if", I think this case is really hard to be happened cause dollar stable all the time for a really long time so it's almost no chance for dollar fall.

I wont see any major problem.If Dollar currency would really be replaced or fall then Bitcoin can just simply jump into another currency which its value would really depend.I dont see any news regarding on this matter that Yuan would able to replace dollar soon since i do see this thing is an impossible thing to happen. We do see on all the pairs or currencies which bitcoin is being traded it is not actually dependent into USD alone but there are still some options like EUR and any currency we do normally see on trading exchanges.

Lol man China won't be even able to touch the coastal borders of the US, US is still the superpower. And now to the question, I would say no effect because (1)citizens of different countries check the value of bitcoin in their respective national currency.(2) But maybe it dollar going down would increase the price of bitcoin maybe not sure. But most probably if such a thing occurs the 1st is to happen.

As it impossible to be no sunshine or rain so it impossible for Yuan to replace USD because the Yuan government can't even control/maintain their national currency and USD is the most currency spend across the globe. However, nothing will happen to bitcoin if USD fall.

Even if dollar falls, we can count bitcoins with respect to any other national currency like INR, GPU, EURO etc.
I don't think, bitcoin will fall if dollar falls. Dollar goes in the field of stock market. Stock markets will face a huge dump if dollar falls but bitcoins will not get affected as it has nothing to do with dollar except exchanging it to dollars.

Dollars and bitcoins does not have much relation as dollars are completely centralized and are owned by a particular country whereas bitcoins are completely opposite. Bitcoins are completely decentralized and also are not owned by any individual country.

I think nothing will happen, because falling dollar prices will not affect the bitcoin price. The bitcoin price drops if no one buys bitcoin or many people who sell bitcoin.

Bitcoin is only for storage or an investment in assets that are stored for a long time like any other type of investment and now bitcoin has become the choice of investors who want to invest in bitcoin. but in my opinion the development of virtual currency bitcoin will not be able to affect the existence of USD for now because I think virtual bitcoin currency is just a form of investment or trade that if one day already get the results that they think is enough of course they will return exchange for USD or from various currencies that exist in this world. so I think till whenever the dollar will still exist as the most popular fiat in the world.

Maybe it seems to me if the dollar fell in currency will all be running around to the world, because that's where the bitcoin bitcoin provide all the conveniences to change currencies the dollar falling. because it had a value of bitcoin is very high

Don’t get me wrong,, my opinion only counted “if usd falls”,, it doesn’t mean it will happen but just assumptions of this will happen in the future.. I know that there still more currency can be used and only those country uses $usd can be affected by its fall.. I’m from those other country that doesn’t used $usd dollars in my life,, so I will never be part of its downfall.. Cryptocurrency is decentralized as a whole and I agree with that and I hope it will stay like this for a lifetime..

Dollar is one of the strongest currency of the world, therefore i think very little possibilities are there that Dollar will fall. i think majority of the world economy in current time is depending on Dollar, therefore it Dollar will fall it will really bring a tsunami in the economical condition of the most of the countries of the world. Although it is expected that bitcoin will reduce the use of Dollar after a long time when bitcoin will become more common, but i think it is really too much difficult to make Dollar disappear.  

This is really to understand, and hard to explain too. But I believe that if dollar fails, Bitcoin fails only when compared to the currency that takes over. For example, let’s say that Singapore dollar surpass dollar and dollar fails, and before the fall, Bitcoin was sold for $1000, Bitcoin will still remain that $1000, nothing changes. I don’t really know to explain, maybe I should just end it here.

 base on my own speculations. i think nothing will happen on btc whenever dollar will fall. i do believe when dollar fall the price of bitcoin will totally go to the moon and start to price high. but this is just my own speculation.

You make me laugh buddy, when dollar value fall down the bitcoin price will fallen down too. If you think bitcoin value was always depending on the dollar value. Therefore if you notice we always expecting high price of bitcoin in the market but when they we base in dollar right?

So don't be hypocrite saying that when dollar going down bitcoin raising up into the moon.

nothing because bitcoin is not a physical money you know. it is a digital money that we can actually used in the internet , using internet dollar will not change for sure yuan is not that good money for me.

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.

It's impossible that dollars or fiat will fall this system is in here for almost a century i think it's not gonna fall now i mean there is no such thing that can make dollar fall, and you'll not gonna worried about bitcoin if dollar falls it's not 1st thing that will come in your mind i'm sure of it.

Dollar and bitcoin have direct dependence, because bitcoin is calibrated in terms of dollar. When the dollar value falls, automatically the value of the single bitcoin too decreases. In one way or other everything is interconnected, so there will be corrective factors that make the change in the value system.

If that thing happen ,only slight dump in price you will see but it will recovered so there is nothing to worry.bitcoin has become one of greatest investment asset ,it may see pump and dumps ,thats the natural of investment asset.there are huge trader generated everyday who are looking for profit in coin,so btc is not going anywhere.

From what I understand, the BTC is independent of the dollar. Of course if it falls several countries are in the profit, for example in my currency the real dollar is worth 3x more than it is, to buy 1 btc I have to pay 3x more than an American or any other person who uses dollars.

So I believe that the only people who will lose profit or decrease earnings are those who work with the dollar because the rest of the people who use their own fiduciary currency of their country will not be affected.

How do you think USD will fall when they have it backed by so much military power?

In case the market price of dollar falls, then it will result in the market price of bitcoin to rise by more significant value. The worth of dollar will decrease then and it will result in the increase of the market price of bitcoin. Other than this, downfall in the value of dollar can hardly add on anything bad for bitcoin. Bitcoin has nothing to with dollar as it itself is an independent currency and is running at its own.

Simply nothing, it doesn't matter which next paper currency is going to rule the world the only thing does matter is the variation of KING (bitcoin) in the cryptocurrency market. It is also possible that after the downfall of USD, bitcoin will gain more popularity because of a major shift from the USD to other currencies, and may be people would prefer bitcoin at that moment.

It is meant in global point of view. You can use dollars in Eastern Europe, Africa, South America, Mexico. And I am sure that people will start using other FIAT. Yes, BTC will fly to the moon, but there will be still people who will use classicall money.

Bitcoin would be more popular and can be a substitute for a dollar. Bitcoin can convert to any currency but it depends to the country you are belong to if it is accepting a bitcoin. Bitcoin is the most popular digital currency now a days that's why many people are using it for different transactions like making a payment using it.

If the dollar falls, I think there will be only one case can be happened that Bitcoin price will go to the moon right after that and maybe people will use Bitcoin to prelace dollar as global currency.

The yuan is not going to replace the dollar, it is just a currency used locally while the dollar is used all over the world besides things like that do not happen from one day to the other and it is a very violent process, in fact I bet that if that happened bitcoin will gain a lot of ground with the average person.

I think there are no chance for YUAN to be able to replace dollar. Dollar has survived for hundreds years and it'll keep surviving for hundreds years more and the only thing can replace dollar is Bitcoin, I think so. If dollar falls of course Bitcoin price will increase very quickly and become the main currency all for all over the world I think so :D

It is known that the exchange of bitcoin to Yuan is increasing, according to a report given by the IFCERT, reflects that they have detected the movement of more than 680 million yuan (more than $ 100 million) in 3 platforms of changes, in only two weeks carried out by OTC exchanges. So a significant percentage of the bitcoin market is managed through the YUAN but I would not dare to say that it will replace the dollar.

Perhaps the government can introduce any new currency in exchange of dollar so possibly anything can happen with centralized currencies as they are completely controlled and managed by the government.

But, I don't think it can truly happen so because dollars are now much more ahead than some other currencies and also the economy of the country USA depends on Dollars. So, I don't think the government can easily replace any other currency with dollars.

well technically bitcoin will be the most powerful currency, but I think this is not going to happen because the us government itself will not allow it to happen, as bitcoin as the father of crypto, usd is like the father of among fiat.

You do realize that one of Trumps goal is to devalue us dollar right?

For me both are inseparable things right now. The fall of one of them will make an impact on the other. When the price of Bitcoin decreases then the Dollar price will change and when the Dollar price changes then there will be a perceived impact on the Bitcoin price. Indeed, if seen will probably not many people who think it. But now the price of Bitcoin is greatly increased by its crazy, so any changes that occur between the two could cause a panic as Bitcoin has now begun to be reckoned and started to become one of the most valuable commodities. Oh yes there is one more, when the price of Bitcoin changes then usually will affect Altcoin price, this has often happened and proved to be a thing to be noticed.

Dollar is the internationally recognized regular currency. In addition to this, it is also the most widely used paper money and is the most demanding currency as well. There is no other currency in this world which can actually replace dollar. In case there comes a time, when the market price of dollar falls down, it will eventually effect the market value of bitcoin and all other crypto currencies as well.

I think USD won't fall so much because USA plays very important role in global economy and they aren't in list of countries which can lost their role. It will be likevthat while there isn't real war. But can say the same about Euro and GBP. Even if usd falls, we already see how it's possible for bitcoin to rise seriously in some hours.

I think Bitcoin is the future and its value will be even greater i can tell.. Just like internet use to be in the very beginning, it was hard to manipulate then rich people started to invest on enterprises that was gonna make it easier such as google, youtube.... The same protocol is happening out here, there are several enterprises that are working in making it easy and people such like Bill gates, Sir Branson are investing on it. If the dollar falls the bitcoin will carry on  ;)

If dollar fall i dont know what happen the bitcoin because they are connected in every way .Dollar has a big part in bitcoin industry  and because of dollar price more investors will join and invest.

If the dollar falls then every currency will fall, it does not matter if it's a paper or crypto one.

Yes, if dollars are shutting down, peoples will try to find some or the other profitable currency and nothing is better than bitcoin for investment. more and more peoples will try to invest in bitcoins at that situation and the prices for bitcoins will go much more above. Also dollars are spread over huge places like United States of America, Africa, North America, Etc. Also the global market depends a lot of dollars.

As we know America has about 20 trillion $ foreign debt,despite this fact YUAN can't reaplace it,because the dept is in US dollars and the amount  is not bigger than what America produces in a whole year.In my opinion,It won't happen,USD dollar is too strong and this Country has a good economy.In another situation,Of course, devaluation will have an effect on Bitcoin and olso on Euros/Canadian dollars and i think this effect will be bad but its not excluded that people  may start buying bitcoins as a  safe-haven currency as in Russians situation.

What are you even saying? In one way or the other, everything is interconnected but not in the way you are even saying it. Bitcoin is a currency, USD is a currency. The difference here is that one is decentralized while the other is not. If dollar should lose its strength, it can fall but that does not have anything to do with Bitcoin's value.

In worst case scenario where people even end up not trusting the USD and decide to dump it for bitcoin, that even strengthens Bitcoin the more, while Dollar ends up losing its strength except for the fact that it is controlled anyway.

Everything will fall exactly because btc connects with only one currency thats dollar, and I'm pretty sure dollar will never fall thats until forever.

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.

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.

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

If the dollar falls the value of BTC increases because of its demand. The value of BTC doesnt depend on the value of dollar.

If USD falls then many crypto currencies value going to moon not only BTC...

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  :P

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.

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.

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

Maybe the btc will down..

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.

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

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.

I dont think dollar will fail. But if it does, more people would switch to cryptocurrencies. So I think, bitcoin price would raise.

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.

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.

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.

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.

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.

Oh well I think if the their was case come that the US dollars fall down. And hit the lowest price that it could be possible. Then it will bring a big effect to the bitcoin price. Why ? Because if the dollar falls down it means that if we sell our bitcoin, we could just have a lowest exchange from it since the value of dollar are not competetive in the marketm

Your right mate, but as I can see bitcoin price was depending to the universal currency. So if the dollars value fall down there's a possibility that bitcoin value decreasing too, but since dollar value are still growing up the exchange to bitcoin value is also increasing. Hoping that value of both are continuously raising up.

Dollar is indeed a different market entirely even though it is still somehow intertwined in the crypto world being a currency and since bitcoin's value is being tested against the dollar. However, with people saying that crash in USD will affect Bitcoin simply shows how ignorant they are.

In the worst case scenario that dollar is even losing its value in the market, just like you said, attention just like we are seeing right now will be focused on bitcoin and people will find solace instead and that of course will even make the value of bitcoin to keep rising. However, a fall is normal and for those trading the Forex market, understands that better.

Yuan will never replace  the Dollar currency. It is merely impossible to happen.and about bitcoin to a dollar, I think it doesn't effect the value of bitcoin if the value of Dollar falls down and as far as I know the value of Bitcoin is not even related to the dollar. Therefore, if the dollar falls down it will never take effect to the value of Bitcoin. These two currencies  is different in many forms.

I think there is no relation at all. Or should I say, the drop of US Dollar is not directly proportional to the price of Bitcoin. Remember we only do cloud conversion of Bitcoin to US Dollar for us to have a gauge how much 1 Bitcoin is, similar to that of stock markets whereby almost all currencies have US Dollar conversions. Hence, Yuan replacing Dollar in the future has nothing to do with the cryptography. 

I think in this case bitcoin is simply recalculated in equivalent to any other currency. But in the foreseeable future, it is unlikely that something will replace the popularity of the dollar.

I stand firm with my belief that it will not have any effect at all. The popularity of Bitcoin has nothing to do with the popularity of US Dollar. Neither does the popularity of US Dollar has something to do with Bitcoin. These two are independent of each other yet they necessarily exist. They are just given its equivalent or conversion rate for investors to know how good both are doing in the market. Perhaps, it is just like a benchmark to see how the economy is doing at present. 

I think it's not related or affect the value of bitcoin. Bitcoin is not based on dollar or any currency in specific country, that's why it will continue to sustain and hold the value of Bitcoin. Bitcoin is base on how many users , mining and many more. Correct if I'm wrong, thanks in advance.

China is second economy at the moment after America and many specialists were guessed China will soon pass America to become the largest economy in the world but my opinion the YUAN is difficult to replace Dollar at least in next 50 years. Reasons:
Although China is second economy in the world but Per capita income is low compare America and Japan, moreover technology of china was almost steal from others countries. So i dont believe china can become leader of the world and YUAN can't replace dollar

I thing is not possibly. Dollar will be fall bitcoin not fall. So it deiffer with the bitcoin. But bitcoin will be accept USA bitcoin will be down. So it connect the any way for the use to future growth. Bitcoin is will be useful to for the future growth. Bitcoin is good to for future people. But it will know the bitcoin process befor people will be use.

Yeah,bitcoin value is not based on the value of dollar and also not based on the mining.The value of bitcoin is based on satoshi if satoshi price falls the bitcoin price will fall too.So the price of bitcoin will increase in terms dollars if the dollar price falls.

I think nothing will happen

Nothing will happen with the BTC if something happens to the Dollar falls. They are different in currency, so they have different course of action in terms of trading and how people use it. Bitcoin amount will rise up more that time then may double the price per bitcoin. I think that's the case.

Everything you have said does not even fall into play and I am sure you really do not even understand what makes bitcoin tick. Firstly, the value of USD does not have any single thing to do with USD. Bitcoin is decentralized and the only set of people controlling bitcoin's value is you and I, except for some few whales which even now things are not really the way it used to be for them.

Crypto world is a totally different world and the craziest that could even happen is people dropping their USD for BTC, what do you think that would cause? A huge increase in the price of BTC.

I still continue searching information about this how the bitcoin go on top or whatever. I'm still a newbie and lack of experience and idea. Can someone please give me some link and facts about how bitcoin got his value. Thanks in advance.

Yeah, people think they have seen the rush so far, but this is little compared to what is incoming.
A lot of people are beginning to consider cryptocurrency as the best spot to shift to right now for future spending and considering the fact that adoption is going to get huge, it would be easy to start exchanging cryptos which would make it even more appealing. So, in the issue of dollar falling, we should consider a massive rush to crypto.

Bitcoin and dollar both are entirely different currencies. There is nothing in common in both other than this that bitcoin’s market value is calculated in dollar.

In case the market price of dollar falls, it will hardly have any kind of negative effect on bitcoin. In fact, the market price of dollar in that case will rise even higher as the worth of dollar will be low at that time. This will help the investors and owners of bitcoin in significant manner.

BTC is not relevant. If the dollar falls. I think btc will be higher and higher. Because it is calculated according to the STS

Forget the whole manipulations and control going on bro, USD can fall and it is going to reach that crazy stage one day. The Feds may still be doing a pretty good job now, but I really wonder how long it is going to last.

Anyway, once we start seeing fiats and not just dollar, crashing and people are getting to find a better way to store their money not just in BTC but cryptocurrency, and then we should see a huge fall in for bitcoin and likes which would lead to massive increase in value. Main essence of it anyway.

I would say it would surely make an effect into bitcoin since we do know that this is the first local fiat currency which tied up with bitcoin on where it do get its value.For now you can able to purchase bitcoin on other local fiats which incase dollar would crash down then it can simply switch into other local fiat to get its value its just like that but knowing dollar it wont be an easy thing to happen.

I don't think there will be any effect of dollar on the value of bitcoin as the total value of bitcoin is just dependent on the demand of the coin and by looking at the today situation the coin will continue to more and more demand and its price will keep on increasing daily. Crypto currency has no direct relationship with other real world currency like dollar. But still i don't think any currency will replace dollar so easily.

There would really be a huge gain. People are beginning to understand the idea behind why bitcoin was created and that is making things to get even more interesting.

In the case of USD falling, we can start seeing some people trying to step in to the crypto world most especially when it is already well established. I can imagine what the turnout is going to be like. But I guess for that turnout, we need to wait for more time like years for bitcoin to gain more strength.

bitcoin not have direct link into Dollar but surely price  will increasing more than now.

many link bitcoin in local paper money more than dollar like china 

Bitcoin is never affect the doller. Bitcoin different one. So
no one can't control the bitcoin. It will connect the people. If bitcoin will be accept the USA. It will both of affect it. So
now bitcoin is accept USA so it will not affect the doller. Bitcoin is help to the country improvement. 

I think nothing will happen cause Bitcoin price don't depend too much on the valu of dollar so when the dollar value falls I think nothing special will happen to Bitcoin but maybe it'll make Bitcoin price increase a little bit cause people will more focus on Bitcoin than before when the value of dollar still high :)

Nothing will happen to bitcoin if the dollar falls or for that matter if any currency of the world falls, it will not affect the bitcoin. Bitcoin is a different concept of the currency which works on specific hash algorithm and it is a decentralized currency. Where as all the regular currencies centralized and their respective state banks own those currencies. So Bitcoin should not be mistaken with rise or fall of any other currency.

No, the market of Bitcoin will keep rising in value only if people decide to start pushing their USD into bitcoin at least with some other system which they can trust better.

We have to understand that USD is not the only currency in the world and in forex, it is always trying to stay relevant and the fact that it is controlled is the reason why we do not see all the falls going on. We should see it as the market being pumped and that is why they have decided to monopolize the whole system.

That’s true, the market is what can lead to the fall of Dollar but I don’t think that is really easy to happen. The Dollar market is very strong, and is even stronger than most currency market in the world. Then coming to whether it will affect Bitcoin or not, in my own opinion, I believe it will be affecting Bitcoin. Why I said so is because Bitcoin price rate is being calculated by dollar, so if dollar falls, Bitcoin will be affected.

Exactly, there will be hardly any sort of effect on the market of the bitcoin in case the market price of dollar falls. There is no direct relation in between dollar and bitcoin. Both are entirely different currencies and both have nothing to do with each other. The only thing which will happen is that this will result in increase in the market value of bitcoin when compared with that of dollar.

I think nothing will happen with bitcoin. It is independent of the currencies, oil and other things. This is its advantage.

Why would someone even think about it like that. Dont think we will see any fail in next few years for any fiat think that last one was GBP with them leaving EU.
It will make some major event similar to what happen with GB and with brexit. This was major for them and for fiat currency they have GBP it was recorded i believe that it had lowest value almost in entire history.

Even if the dollar falls,it would not affect bitcoin's price.Bitcoin would be valued in other currencies.Already,bitcoin's value is shown in all currencies and a price fall in one currency would not affect the value of bitcoin in the other currency.If US dollar totally crashes,then universally bitcoin would get valued in euros or yuan whatever replces dollar.I think that it may happen soon since USD is in its last stage as global reserve currency.

There is that what we called as a substitute and replacement for all things. If USD will fall as years pass by other currencies will rise. That is always the case for everything, and if that happens BTC has a chance to be recognized as a worldwide accepted currency replacing dollars. BTC value will then rise when that time came.

It could be down tge btc i think because btc is equivalent usually to a dollar..maybe when tge dollar down there are posibility the btc down also..

I also think the same way that fluctuation in dollar wont effect the bitcoin and the reason is that the dollar is backed by the united states government, and the concept of bitcoin is decentralized. So these are two totally different things in opposite direction and falling of one will not harm or give advantage to the other.

No I don’t think so because bitcoin and dollar both are different things and they are not same so bitcoin is down it will not affect bitcoin price and the position of bitcoin will remain same and it will not be changed till now bitcoin as gain a lot of potential and strong future so just be with bitcoin and hold it till it changes for better and safe investment. Dollar is increasing or decreasing it will not affect but dollar in my country is now gained more value and price.

What are you talking about the economic system fell at least three times in the last century, and the economic system is going to keep falling as long as it not based on sound economic principles and it keeps being based on debt and the rich stealing from the poor. 

Dollar is an internationally recognized currency and it is being used almost all over the world. There is less chance of this thing to happen. In case this thing ever happens, then it will be really a very good chance for bitcoin to take lead over the world’s most commonly used currency and replace it. The market value of bitcoin will then rise even higher as dollar will have low market value then.

I don’t really think so that it will be possible for the bitcoin to lead this world in case the market value of dollar falls down, this can never happen till the time the bitcoin will not be declared as legal. The only thing which we’ll be able to see at that time will be the market value of bitcoin getting more at that time as dollar is just like a conversion unit for bitcoin. There is no direct relation in between both of them.

If the dollar falls the price of bitcoin will rise more because in this day the price is more than 20000 dollars while one dollar is equal to 107 in my local currency and when the dollar falls the bitcoin price will go up because then we will have to pay more dollars to buy bitcoins.

In these days while all the countries are using their local currencies for buying and payments the markets will be effect more than bitcoin, because bitcoin is a digital currency and it will remain in its passion.

I don't thing that Dollar will be replaced by Yuan it is not going to make any impact in the value of Dollar not whole world will not accept Yuan immediately at least for next 25 years. So Dollar will not fall and nothing will impact on Bitcoin also.

Nothing and maybe the circulation of BTC will still the same even without the dollar or any fiat.

What will happen with your head, if your brain falls?

if dollar falls all will try to find other investment way both of gold and Cryptocurrency will increase.

bitcoin will have more demand and more price.

Ecли дoллap yпaдёт, тo бyдeм cчитaть в pyбляx, ecли вы из Poccии бyдeт дaжe yдoбнee

Bitcoin, like the US Dollar or any other fiat currency, has a nonzero value mostly because it possesses certain traits that make it a better payment system in select circumstances than any competing payment system. Those traits include fungibility, divisibility, durability, transferability, and convenience. (There are a few more traits that some people would add, but that’s a discussion I don’t want to get into here.) The point is that if person A needs to make a payment to person B, they may decide to use bitcoin for the transfer, not because they have any particular affinity for or belief in bitcoin, but because it is of some UTILITY to do so.

Their decision to use bitcoin does not necessarily require them to understand bitcoin, or believe in the future of bitcoin, or want to store their wealth in bitcoin, or endorse any political or economic theory that is popular among many early bitcoin adopters. If they fear that bitcoin is going to lose value over time, then person A can buy bitcoin immediately before sending it to person B, who can immediately sell it. Of course, there is a risk that bitcoin could lose value during the short time it takes to make the transfer, but payment processors like Coinbase insure against this risk (in exchange for the commission they make when you buy or sell bitcoin on their platform). (Think of this the next time you see that 15 minute timer when you purchase something online with bitcoin.)

Despite the associated costs, including not only the above mentioned insurance against risk of fluctuating value but also the much more costly (albeit one time only) inconvenience of learning a new system, there are circumstances in which it is either the cheapest option, and/or the fastest option, and/or in some cases, the only option. It is not necessary for bitcoin to be the best option in all circumstances, only in some circumstances. As long as this is true, there will be upward pressure on the price. This is the crux of understanding why bitcoin’s value is not zero, and will never be zero, as long as the set of circumstances in which bitcoin is the payment system of choice is not empty.

Some people are tormented by the thought that this is circular reasoning: It has nonzero value because it is useful as a payment system, but one of the prerequisites of being useful as a payment system is that it has nonzero value. But it’s really not the logical trap that it might appear at first glance. It’s just not. Unless you enjoy being intellectually tormented, in which case, have fun with that.

(If you’re having trouble getting out of the trap, consider this: bitcoin has nonzero value as long as at least one person in the entire world is willing to buy it, for whatever reason, whether that reason makes any sense at all to you or not. Once that one crazy person gets it up in the air, the above-mentioned upward pressure takes over, like the wings of an airplane. If it needed a crazy person to get it kickstarted, so be it. But I don’t think it did; so I would consider this to be a trivial explanation. A perfectly sane person might buy it initially, betting on the fact that it will eventually take off.)

Some will point out that bitcoin has value as a way to store wealth, but that would not be true if it were not for the fact that it independently has nonzero value as a payment system. Once its value as a payment system is understood, only then can we understand why it also has value as a store of wealth. Most of the price today is due to investors who use it to store value because they believe it will be much more widely used in the future than it is today. (And on top of that, speculators who presumably have some understanding of the psychology of the markets.)

Some people respond to the statement that the US Dollar holds value because it is “backed by the full faith and credit of the US government” by arguing that bitcoin has value because bitcoin is “backed by math.” Neither of those explanations are satisfying. Both are hand wavey and are designed to appeal to the emotion rather than to the intellect. I spent many years wondering why fiat currency had any value at all. I find it ironic that it was bitcoin that taught me the answer to that question! Bitcoin and fiat currency have nonzero, nontrivial value for exactly the same reason: they are each integral components of the best (or the only) payment system available (each being the best in their own particular set of circumstances).

Today, the set of circumstances in which bitcoin is the payment system of choice is small. But as it gets easier to use, that set grows larger. It will be exciting to watch.

if dollar falls bank will be weak and bitcoin will be more stronger than old time.

bitcoin will take dollar place

If dollar falls the price of bitcoin will effect and may raise more because in this day the price is more than 18000 dollars while one dollar is equal to 110 in my local currency and when the dollar falls the bitcoin price will go up because then we will have to pay more dollars to buy bitcoins.

In these days while all the countries are using their local currencies for buying and payments, the markets will be effect more than bitcoin, because bitcoin is a digital currency and it will remain the same.

What you are saying is correct, even if the dollar price is down it wont affect much as each user converting bitcoin to their country fiat currency so on their fiat currency conversion they get profit.

dollar is make USA great and if dollar falls all will end. bitcoin,gold, oil and every things.

bitcoin will have some effect but less than others

I'm opening a shop and I'm willing to sell anything legal. I don't care what you want to buy, I care about being able to provide you with exemplary customer service and quality products.

With that being said, what do you want to buy??

This is incorrect, if the value of the dollar falls and the value of bitcoin remains the same then the amount of dollars needed to buy a bitcoin will go up, remember do not make the mistake of thinking that value and price are the same thing because they are not.

The downfall in the market value of bitcoin will have a little impact on bitcoin. Dollar is only treated as a tool to tell us the worth of bitcoin as compared to that of normal regular currency. If the market value of dollar falls, then because of it the market value of bitcoin will increase as at that time, bitcoin will be having more worth than at the very present time. Other than this, nothing will happen.

There is no direct connection in between bitcoin and any other paper currency may it be dollar or any other currency. Dollar is only used as a conversion unit and it has nothing to do with bitcoin directly. In case the market value of dollar falls, there are chances that the market value of bitcoin will increase as at that time, the worth of bitcoin in comparison with that of dollar will be more.

If the dollar crashes, I think there would be a short term btc sell off as well.
Btc will bounce back stronger than ever though, I’m pretty sure the dollar will be on its way to the retirement home by then ;)

It is just a speculation that Yuan is going to reply USD, as we all know, USD is a  global currency that everybody uses to trade that is why Bitcoin is based on that money. Moreover, if it was to happen, i don't think it will affect the Bitcoin which is the revolution

Now i see that the dollar only shows how much Bitcoin is worth and its exchange rate or value does not affect Bitcoin in any way. Hope I got that right.

Nothing I think. Because if the dollar will fall BTC still can be exchangeable on other fiat money.just my own understanding.

i think one of the reasons for the rise in the price of bitcoin now, is the fact we are seeing the start of the fall of the dollar , hyper inflation , and its going to get worse

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.

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)

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.

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.

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.

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.

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.

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.

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.

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.

Nope Dollar wont fall , its impossible you know .

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.

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.

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 ..

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.

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.

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.

I think that BTC / USD will go up relatively if only the price of the dollar falls

I dont understand this shit.
Yuan to replace the dollar?? Come on bro

In the world, all currencies have to hold precious metal (mostly gold) in their stocks in the face of money. A single currency is exempt from this rule, the currency is dollar. For this reason, the dollar is not comparable to other fiat currencies.

bitcoin is virtual money and dollar is paper money, it is away to make any different.
it is hard to say YUAN is going to replace the dollar or euro  is going to replace YUAN but we can say bitcoin is going to replace banking system.
bitcoin uncentralize  and not like dollar effect with dollar or gold.
Bitcoin is amazing to support the world data and investing

USD and BTC are totally a different currency as both of them don’t have nay value relation or dependency between them. And I don’t think that any other currency will replace USD so easily as it is a currency of very stable economy and also in the same was bitcoins cannot be replaced by any other currency or crypto currency as it’s the most famous and highest valued crypto currency in the world.

it wont be surprise for us
bcz of us btc will go high and if it will falls dollars so we will like it too :P

In my own opinion, It is ok for dollar to be replaced of yuan because the price will just be the same as before we will still get all the desired value of our fiat. The value of bitcoins that we are going to earn will be always depending on people if there will be so many interest on it so that the demand and value will increase further

Paraventure if the dollar  fall definately the Price of bitcoin will also fall and its going to affect those that are buy it higher price.

Much like Zimbabwe, BTC will rise, but for how long who knows?

If the dollar fails, crypto will become even bigger.

A lot of people see crypto as a hedge against the dollar

If in the case of the dollar fall, I do not think it will affect Bitcoin too much because the Bitcoin nature does not depend on any market or currency. If the dollar price drops, people will convert Bitcoin into another currency. If the YUAN can replace the Dollar, then I think the current can not because the economy of the United States is developing, it is difficult to replace the currency of that country.

This is an interesting question and it depends on how big is the fall, if the value of the dollar goes down then you need more dollars to buy bitcoin but if the dollar value goes to zero and it disappears then it will be interesting to know what happens to bitcoin at that point in that scenario.

bitcoin can be a save heaven digital money if dollar falls
people can trust again in dollar and goverment and start to invest in crypto's

That could be a possibility. Since if the dollar falls then likely people would want to hold something that does not have a government backing up the currency. Decentralized money will likely be the future of currency, this also is good for trade as there is no more barrier to exchanging currencies around the world as you only need to deal with one. I do question though why are we still trusting government backed currencies. Can we all refresh ourselves about the previous financial crisis?

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.

If the dollar would fall, logically it would be that the bitcoin price would rise to recover the loss that occurred after the dollar dropped.
I still think the dollar is just a way of seeing the purchasing power of the btc.

Nothing will happen with the BTC if something happens to the Dollar falls. They are different in currency, so they have different course of action in terms of trading and how people use it. If dollar falls bank will be weak and bitcoin will be more stronger than old time.

There is really no direct referral of the possible changed of the currency dollar to the value of bitcoin and to the system of transactions. Thou, we all aware on the exchange rate of bitcoin where it actually depends its price on dollar or simply bitcoin is more dollar base compare to any other currency. Just how ethereum and any other currency has an exchange to bitcoin. So it could possibly have the same effect where bitcoin price could fall as soon as dollar price falls.

I think nothing, since it is not directly proportional to dollars, I think if dollar falls, maybe the price of a bitcoin doubles since the value of dollar halves.

Anda perlu mengingat bahwa tidak ada standar harga global Bitcoin tertentu. Bitcoin tidak terikat dengan mata uang, negara, atau bursa apapun.
Makanya itu BTC tidak mengikuti kurs mata uang manapun,.

I find that there is not too much of a connection between bitcoin and USD. The dollar is a very stable currency and less volatile due to the US economy leading, if the USD is down or vice versa, it will not affect bitcoin, maybe bitcoin will increase because of the line Money has invested in more bitcoin.

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.

Yeah, you’re right, there is no too much connection between them… Although I know that Bitcoin is being calculated in dollars, but that’s still a normal thing in the market. So if dollar happens to fall and another currency takes over, and it also happens to be that the U.S is still in power, then I will assume that the price of bitcoin will probably go up.

I do not think it will be a big influence, because dollar and YUAN are fiat currencies so maybe just a change from BTC / USD to BTC / YUAN.

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.

The reason that dollar is even used in the first place as the first point of contact to exchange bitcoin to fiat (firstly dollar maybe before conversation to other fiat) is that dollar is accepted global as a trading or exchanging currency otherwise, dollar wouldn't have been used to convert bitcoin.

Therefore, any fiat currency that would replace dollar would be that which is generally accepted globally for trade, exchange and otherwise, including the YUAN.

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

Competing to USD it's hard to make it fall and if it falls then the entire economy will be affect but bitcoin will not be affected to it. Its on a deflationary state that even USD will be on crisis and it's going to shake the entire world's economy it will not be moved.

I completely agree with you on what will happen to the economy of the world when Bitcoin falls. But this does not affect Bitcoin in any way. 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 may be in the risk zone, as Bitcoin has become quite hesitant and may fall down.

It is very difficult to say what will happen to bitcoin.

I think Bitcoin will not be affected by any money. So if the dollar falls, Bitcoin will be converted to another currency, namely YUAN. I hope that the YUAN future will replace the dollar as the world's most valuable currency as well as be considered the international currency. At that time, Bitcoin would be much more popular.

There is big changes happen in world market if the dollar value will fall because of bitcoin and people in confusion which is the best currencies .

I agree too, the dollar is difficult to replace. I think there are still many options that I think is good :)

It's dollars that we are talking about if that falls not bitcoin. There's nothing to affect bitcoin and we don't have to worry about it. Affection to bitcoin mostly comes from those news that aren't verified and just intentionally made to make the people panic sell.

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

Hmmm.thinking good...Nothing and maybe the circulation of BTC will still the same even without the dollar or any fiat.

I think the fall in the dollar, the currency impact is not very big, now the currency for the world, not only in the United States, so I fall in the dollar will not have great influence on the currency

The decrease in the market value of dollar will have no negative impact on the market value of bitcoin or anything like that. In fact, this will help bitcoin in having some more fame as dollar is only used as a conversion currency and that it only helps you in having a fair idea regarding the worth of bitcoin in term of paper money. At that time, the worth of bitcoin will increase and this will eventually help people to make more money.

Nothing will happened with bitcoin, Now dollar is still up and not fall, so why we think negatively just live in real world, and about bitcoin so now bitcoin is popular becasue of its name and fame. But just for an example, if dollar price down then bitcoin price down, nothing strange thing will be happened.

But i think that there will be some impact on the market. I want just a short thing in a few lines that if dollar falls we will have to pay less to buy bitcoin in our local currency because we calculate our currency with dollar and I think that dollar price has nothing to influence bitcoin price of the day. It is good for the new investors if the dollars falls and they want to invest in bitcoin the same time.

May be you are right. Bitcoin price is in dollars and when dollar falls the price of bitcoin in dollars will increase more but I think the value will remain the same because if the price increases in dollars the people will have to pay less in their local currency. Therefor I think that for the investors there will be no influence on their pockets. They will remain the same and will pay as much as before the fall of dollar.

even though dollar prices fall will not affect bitcoin prices, since bitcoin prices are not influenced by the rise and fall in dollar prices, bitcoin prices rise and fall because of the bitcoin holders themselves.

The dollar depreciated against all currencies and is still continuing. It seems to me that the dollar is at $ 14,000 against Bitcoin.

The relationship between dollar and bitcoin; energy sources are connected to the dollar. If the energy is expensive, the value of Bitcoin and Dollar increases. So to evaluate this relationship from another angle.

During 2017 there were signs of dependence. While the USD was rising against EURO and other currencies because of positive news, it was rising a bit against bitcoin too.

It's much better. Less deduction on taxes.

I think if dollar falls, then the bitcoin will never be affected on this. For bitcoin is a decentralized currency. I hope if ever I am wrong about this, then i will pray that the loss of dollar will not be happen.

There is no big thing will happen if the dollar falls down , bitcoin will remain in the same value because bitcoin is not linked with any other currencies and it has it's unique features that's why bitcoin will stay in the markable place .

First of all usd is going nowhere,and dollar will fail in which sense,loose its value? With respect to which fiat?yuan absolutely nope ,euro is great  competitor to it.if we take this scenario then btc will show a great spike in price.

I think the price of Bitcoin will rise more and more if the price of Dollar will go down. I think the value or importance of Bitcoin will increase when the price of Dollar will become low. already Bitcoin has made a positive impact on the monetary market and people are getting engaged in this platform day by day.

A couple of countries have started taking the position with Bitcoin and they are collecting Bitcoin for the future safety. So that the price value of Dollar doesn't make any impression regarding Bitcoin platform.

Nothing will happen if the price of Dollar will go down. Basically, Bitcoin is not dependent on the price of other currency so that it will nothing to happen at the Bitcoin price. I think Bitcoin is going to the main rival currency in the future.
so it will become a large platform for competing with Dollar and other major currency. that's why the price of Dollar and other currency is not an important issue for Bitcoin price,

There will not be too much impact on bitcoin because bitcoin is not priced in dollars, bitcoin will still grow normally regardless of whether the dollar is going up or down because of the value it is made by the investment community. Not an organization or government. The bitcoin value is falling deeply for sellers, if you want to buy bitcoin then this is your chance.

Nothing big thing happen with the fall of dollars for bitcoin some little changes will happen based on that situation otherwise all are remaining same because there is no big connection for bitcoin and dollars that's why I think this .

No changes are happen directly but some little thing will affect bitcoin with the fall down of dollars for bitcoin nothing big changes will not happen directly to bitcoin some economic changes also be change in the bitcoin .

No problem because Crypto is not dependent on the dollar. Because in every country has a market that connects state money with crypto.

The impact on BTC of any legal tender is limited because BTC is decentralized!

There will be no problem exchangers can overcome that if the bank is not willing to deal with BTC,from the first we do not deal with any bank from person to person and without government intervention.BTC in create indeed for freedom between parties 1 and 2 no party to 3 such as brokers like to take illegal levies.

I think there is nothing going to happen.  In future we are expecting from the people that they will totally depend on bitcoin therefore we do not care for dollar or any other fiat currency.

Dollar is only used to relate the market value of a digital currency like that of bitcoin in terms of regular currency. In case the market value of dollar falls down, then this will help bitcoin to gain more fame and the ones who had invested their money into bitcoin will then be able to make more profit out of their investments as the market value of bitcoin will then increase and will become even greater.

the YUAN does not even get close to the British sterling in terms of popularity this is just a bluff!

But the euro could be good replace considering its already being used by lots of countries..

Bitcoin is already more powerful than the dollar, any USD dip makes BTC more powerful

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.

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.

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.

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

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.

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.

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..

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.

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

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.

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.

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.

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

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.

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.

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.

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?

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.

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.