Bitcoin Forum

Economy => Economics => Topic started by: Cepat Kaya on July 24, 2018, 11:42:20 PM



Title: The dollar affects Bitcoin?
Post by: Cepat Kaya on July 24, 2018, 11:42:20 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?


Title: Re: The dollar affects Bitcoin?
Post by: webdevmastery on July 25, 2018, 12:13:22 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it can actually make the price of bitcoins increase if the dollar price decreases and people will earn more profit in that way.


Title: Re: The dollar affects Bitcoin?
Post by: RockBar0 on July 25, 2018, 02:31:15 AM
I do not think it will be a part. However BTC with USD is two different types of assets. USD is the cash property that can be traded directly, and BTC is the electronic currency that deals with numbers.
This shows that BTC is more convenient than USD, so it is difficult to influence each other.
Only if the market is high, the dollar will be used more, the future is the opposite.


Title: Re: The dollar affects Bitcoin?
Post by: Vanhoang2000 on July 25, 2018, 03:32:36 AM
All currencies or digital money affect each other. If the dollar falls, the bitcoin will also be affected because the investor uses dollars to buy bitcoin, which in turn causes the bitcoin price to fall affect


Title: Re: The dollar affects Bitcoin?
Post by: Lakai01 on July 25, 2018, 03:46:59 AM
Due to the fact that both are rising I dont think there is a coincident. If one currency depends on the other typically one falls if the other rises. You can see this looking at altcoins at the moment. Most of them bleed due to bitcoins price explosion.


Title: Re: The dollar affects Bitcoin?
Post by: davis196 on July 25, 2018, 05:32:28 AM
The US dollar value is rising very slowly compared to the bitcoin price increase.
Perhaps the USD price movement has some little impact over bitcoin,but I would say it`s under 20%.
There are other factors,that are pushing the btc price up.We have to determine them.


Title: Re: The dollar affects Bitcoin?
Post by: developer101dev on July 25, 2018, 06:23:07 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

In my own opinion, it does not matter even the price of dollars will drop down because people will always invest to bitcoins which will make for the demand to increase and the price to pump as well.


Title: Re: The dollar affects Bitcoin?
Post by: Ikay on July 25, 2018, 06:27:39 AM
I actually observe that thing that fiat affects the crypto's value so my observation was correct because as you see that the dollar goes and also bitcoin but it is also coincidence because last year the value of dollar are low and the value of bitcoin goes up so definitely the prices of two currencies are being different.


Title: Re: The dollar affects Bitcoin?
Post by: stasiulman on July 25, 2018, 06:36:06 AM
The US is the strongest economy in the world, but it is completely dependent on external borrowing. The national debt already exceeds $ 20 trillion and grows every year. And this suggests that this US public debt will never be repaid and the entire world financial system is completely dependent on the American economy. And US dollar still affects on whole world and cryptocurrency including bitcoin depend from it.
Because of Bitcoin's anonymity, countries will be able to abandon the monopoly of the dollar without informing the public about it. Firstly BTC starts its journey in the oil products market. It is important that no one knows the owner of Bitcoin transaction, and therefore it will not be known who exactly becomes a monopolist. It's rather foreseeable future that dollar, or another fiat, will depend from btc.


Title: Re: The dollar affects Bitcoin?
Post by: Jaycee99 on July 25, 2018, 06:37:32 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
A big Coincidence for me.

I would say no, why? because the value of a dollar is rising but it has nothing to do with bitcoin value in other terms when dollar moves no effect on bitcoin.

For the reason bitcoin is just related to dollar it shows you the equivalent price in USD.

Here the cryptocurrency only affects other cryptocoins there are only connected stipl some altcoins or bitcoin are independent which means one can move up without the main (bitcoin) movoing up.




Title: Re: The dollar affects Bitcoin?
Post by: Idrisu on July 25, 2018, 07:00:15 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It is a coincidence and you should know that bitcoin is trading against dollars,  therefore in reality when bitcoin is increasing bitcoin should be falling.  However many positive news are hitting both dollars market and bitcoin market and that is why it seemed moving along the same ways.


Title: Re: The dollar affects Bitcoin?
Post by: sheenshane on July 25, 2018, 07:02:17 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
Yes, is just a coincidence. Then my answer is a big no there's no related happen between these two currencies. Dollar value is having regulations by the country while bitcoin nothing behind on this Digital currency and the Dollar currency valuations are determined by the flows of currency in and out of a country. A high demand for a particular currency usually means that the value of that currency will increase.
So, therefore I don't think so if they are related to each other IMO.


Title: Re: The dollar affects Bitcoin?
Post by: Hui8 on July 25, 2018, 07:04:17 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?


Now this is something new I am reading here. I dont understand why this question might come up in someone's mind. I mean fiat or lets say dollar in your case, why would it affect the prices of bitcoin at all? Both of them are in different sphere of economy and have no effect on each other as long as one gets converted or invested in another one. Just take an example of Silver, Gold or diamonds or assets like those, are they rising in the value when USD rises? I dont think so, thats not the way it works mate. Im not sure what others are thinking here, but for me they have got no such effect on one another.


Title: Re: The dollar affects Bitcoin?
Post by: erikjoy on July 25, 2018, 07:06:42 AM
The US is the strongest economy in the world, but it is completely dependent on external borrowing. The national debt already exceeds $ 20 trillion and grows every year. And this suggests that this US public debt will never be repaid and the entire world financial system is completely dependent on the American economy. And US dollar still affects on whole world and cryptocurrency including bitcoin depend from it.
Because of Bitcoin's anonymity, countries will be able to abandon the monopoly of the dollar without informing the public about it. Firstly BTC starts its journey in the oil products market. It is important that no one knows the owner of Bitcoin transaction, and therefore it will not be known who exactly becomes a monopolist. It's rather foreseeable future that dollar, or another fiat, will depend from btc.

Well said. Once countries start exchanging oil for BTC then we'll really see some momentum. The problem is, the US very violently opposes any who attempt this (Libya tried to establish a gold backed currency to trade oil with) and will either shut it down or smokescreen it.

Of course, the dollar has an impact on the value of BTC but it's minor. Compare a BTC/USD and BTC/EUR chart and you won't see a huge amount of difference, just larger movements for whichever currency is weaker at that time. BTC has more weight, so it dominates the price action.


Title: Re: The dollar affects Bitcoin?
Post by: Sony.UK on July 25, 2018, 07:33:00 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It is just a coincidence both are depends on demand and market stock. The current scenario USD is global currency so all the market is linked in dollar. Many peoples are continuously buying the Bitcoin it will gradually raise in the market. May be some peoples are wrongly understand the relationship of USD and Bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Indrawan77 on July 25, 2018, 07:38:53 AM
I think its coincidence, bitcoin and dollar usually dont related at all, the dollar is fully controlled so it cannot follow the bitcoin movement, and the market for both of the currencies is different, and previously when bitcoin fall down very deep I dont see dollar also falling down, so I think both of them are not related


Title: Re: The dollar affects Bitcoin?
Post by: zakariajaki on July 25, 2018, 07:39:18 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
related to the topic of whether the dollar price rise is affected or not, my opinion related to that price of the dollar has increased the price of many factors and it occurs when the practice of buying and selling stocks and stocks, and the increase is very falling with the real conditions of what is now the world, bitcoin when it is converted to the dollar form it will affect but the bitcoin users from all over the world and they configure the price according to the currency of each country, the dollar is not the determinant of the bitcoin price increase due to market difference and will be the main determinant when buying bitcoin should converted to one currency only, may be useful and successful for all of us


Title: Re: The dollar affects Bitcoin?
Post by: deus030518 on July 25, 2018, 08:39:40 AM
USD does not affect the price of BTC directly as its prices is dictated by how many people invested into it while the price of USD is dictated by the transactions of USD globally. The only way to it indirectly affects BTC is if people exchanges it into fiat or vice versa but it is not solely dependent into it.


Title: Re: The dollar affects Bitcoin?
Post by: ucingucingan on July 25, 2018, 08:54:11 AM
the strength of the dollar I think will also be followed by the strengthening of bitcoin prices because as far as I know there are many markets that sell bitcoin with USD, I think it is one of the things that affect the price of bitcoin from USD, CMIIW


Title: Re: The dollar affects Bitcoin?
Post by: googs84 on July 25, 2018, 09:23:21 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

That is funny. I dont think there is any sort of effect over the bitcoin from USD side. The crypto currencies are in different sphere and dollar is at different. The dollar can affect the other national currencies but not the bitcoin I believe. Other currencies are paired with the USD market directly while bitcoin is indirectly. Dollar value rise as such wont affect it, what might affect is its influx in the bitcoin market. This applies to other national currencies as well. Its surely just a coincidence and can be proven with the fact that only BTC is rising and not all the altcoins.


Title: Re: The dollar affects Bitcoin?
Post by: Twentyonepaylots on July 25, 2018, 09:36:36 AM
the strength of the dollar I think will also be followed by the strengthening of bitcoin prices because as far as I know there are many markets that sell bitcoin with USD, I think it is one of the things that affect the price of bitcoin from USD, CMIIW

 We have different opinion on the above topic, Market is Volatile, anything can happen in the market at any given time, Any rise on the price value of Dollar in the market, may contribute to either drops or rise of others stocks, share, in both the Stock Market or on the Crypto currency Market. Yet we don't have a concrete proof on the this Theory. What we know market react to either good news or bad news on the market.


Title: Re: The dollar affects Bitcoin?
Post by: Ava Duvall on July 25, 2018, 10:05:27 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it can actually make the price of bitcoins increase if the dollar price decreases and people will earn more profit in that way.
I didn't know that. its interesting to know that how the price of the dollar fluctuates it impacts bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: CHENIEN on July 25, 2018, 10:23:21 AM
Dollars and bitcoin are all highly needed by community people, although there was a slight system that affects the status that both of them has a opposite value of market price, but still they are useful by people not only in united states of america but also in some other countries, because bitcoin and u.s dollars are both useful globally. So I thinks there is no worst bad effects between bitcoin and dollars, even bitcoin is decentralized system and dollar is legally used and endorsed by government because they are both helpful to economic growth and also to the community people.


Title: Re: The dollar affects Bitcoin?
Post by: nguli on July 25, 2018, 10:36:12 AM
in my opinion the dollar does not really affect the bitcoin price, the dollar is very different from bitcoin, bitcoin is a digital currency that is only in the movement by buyers and sellers only.


Title: Re: The dollar affects Bitcoin?
Post by: yohaneshs on July 25, 2018, 10:38:19 AM
No related between bitcoin with dollar but maybe it's has an impact on exchange between fiat and crypto/bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Assab101 on July 25, 2018, 10:48:42 AM
Dollars and bitcoin are all highly needed by community people, although there was a slight system that affects the status that both of them has a opposite value of market price, but still they are useful by people not only in united states of america but also in some other countries, because bitcoin and u.s dollars are both useful globally. So I thinks there is no worst bad effects between bitcoin and dollars, even bitcoin is decentralized system and dollar is legally used and endorsed by government because they are both helpful to economic growth and also to the community people.

From what I understand, fiat and cryptocurrencies have different uses although they have common but I don't think fiat affects the crypto. See, Btc value keeps on increasing but still the value of dollars stays the same. So, there is no indication that fiat money influence Bitcoin price after all.


Title: Re: The dollar affects Bitcoin?
Post by: AnonBitCoiner on July 25, 2018, 10:55:39 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

It's one of the reason for the raise in the price of bitcoin.As we know bitcoin in U.S is a legal one,if the people from U.S increase their investment in bitcoin.The price of bitcoin will increase based on the price of dollars.The dominant currency in this world is dollars, surely the raise in dollars value increase the price of bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: ethancer on July 25, 2018, 10:58:30 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

It's one of the reason for the raise in the price of bitcoin.As we know bitcoin in U.S is a legal one,if the people from U.S increase their investment in bitcoin.The price of bitcoin will increase based on the price of dollars.

Every form of currency is influences by other currency, in one way or another. Sometimes it's hard to see it, but i think if $ would crash massively, we would see big changes in btc


Title: Re: The dollar affects Bitcoin?
Post by: dams87 on July 25, 2018, 11:02:40 AM
it seems to be related and mutually influential between bitcoin and dollar, because the dollar is a popular currency and a lot of economic transactions that use the dollar so bitcoin prices become influenced by the movement of dollar prices in the global market.


Title: Re: The dollar affects Bitcoin?
Post by: painting_money on July 25, 2018, 11:09:07 AM
This is the market for investment. And people invest in this market almost in USD so it will affect this market if the dollar goes down or up.


Title: Re: The dollar affects Bitcoin?
Post by: Fantastic33 on July 25, 2018, 11:18:43 AM
Dollar and bitcoin are two different things. Dollar is a fiat issued by the government, while bitcoin is a digital currency which is not operated or under the government's control. Yes, bitcoin has an equivalent  price to dollar, but it doesn't mean that bitcoin affects dollar or vice versa, rather btc is affected mainly by its changing supply and demand which has a direct effect on its price.


Title: Re: The dollar affects Bitcoin?
Post by: babarian on July 25, 2018, 11:26:59 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
this seems to be just a coincidence, because the dollar exchange rate is on the rise and bitcoin prices are also predicted to increase after July. so this is just a coincidence


Title: Re: The dollar affects Bitcoin?
Post by: ahiaba.john@yahoo.com on July 25, 2018, 12:02:39 PM
I think the conversion of bitcoin to US dollars is one of thing that make crypto currency and bitcoin a reality. People invested into bitcoin because it can be exchange to Dollars and so on. So I so much believed that the rise of dollars will increase demand for bitcoin and therefore the rate of bitcoin rises.


Title: Re: The dollar affects Bitcoin?
Post by: BabyBoss on July 25, 2018, 12:06:50 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I believe it’s coincidence since that two currencies has their own market and there are big differences between the both. The thing is we only can convert it into dollars which is more helpful since the price of USD and BTC are rising. I believe btc has its own way on how to rise the price.


Title: Re: The dollar affects Bitcoin?
Post by: embargo on July 25, 2018, 12:08:12 PM
In the modern financial system - the dollar is the standard, the world currency number 1. And everything is expressed in it (the equivalent). And the cost of bitcoin is also estimated in the amount of dollars per unit cue ball. Direct such dependence of the bitcoin price / dollar price is not. But it all depends on the decisions of the FED, the world economy, its state, the trade war and other force majeure situations.


Title: Re: The dollar affects Bitcoin?
Post by: peter_coin on July 25, 2018, 12:26:37 PM
Cryptocurrency and Fiat are two totally different entities and the value of one doesn't affect the other. If the dollar is rising and cryptocurrency is rising it is just a merry coincidence nothing more. BTC is moving up due to news and trades peculiar to the cryptocurrency world and dollar is moving up due to news peculiar to the USA and her stock exchange. They have nothing in common.


Title: Re: The dollar affects Bitcoin?
Post by: Voidcrafter on July 25, 2018, 12:57:01 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

No, it's just a coincidence and nothing else. The dollar is growing against the Chinese national currency, the Russian ruble and other currencies. And it has nothing to do with bitcoin, it is a coincidence.


Title: Re: The dollar affects Bitcoin?
Post by: denisaardelean on July 25, 2018, 03:53:12 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think that if you constantly observe and follow you can see that the exchange rate between bitcoin and the dollar is always the opposite, the dollar is rising, the bitcoin price down to bitcoin, the dollar fell. The market is volatile and unpredictable, so I believe that at this point you should only invest in bitcoin and the crypto market, we are prepared to face the economic crisis. and can not know what can happen.


Title: Re: The dollar affects Bitcoin?
Post by: queenstella on July 25, 2018, 04:38:42 PM
Bitcoin is capable of volatility in the form of 10x changes in price versus the U.S. dollar, in a relatively short period of time
One reason why Bitcoin may fluctuate against fiat currencies is the perceived store of value versus the fiat currency.  Bitcoin has properties that make it similar to gold.
Bitcoin volatility is also to an extent driven by holders of large proportions of the total outstanding float of the currency.





Title: Re: The dollar affects Bitcoin?
Post by: kive2k on July 25, 2018, 04:56:34 PM
To some extent, I think the dollar influences the price of bitcoin, but this is not the main reason. I do not think that if the dollar collapses, then it is bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Ridwan Fauzi on July 25, 2018, 05:00:18 PM
Although I'm not sure about the news I've read the dollar price is determined by the BTC price movement, I'm sorry for not putting some clear references. But if you see the relationship between Dollar and BTC it is very close, because all this time the price of bitcoin is always juxtaposed with the dollar, you can correct it if I'm wrong.

But if we rely on the logic of dollar and BTC relationships very far, the dollar with a centralized system and BTC with decentralization system, because two systems are very contradictory. Bitcoin prices are always changed by supply and demand while the dollar is changed by the state of a country's economy.


Title: Re: The dollar affects Bitcoin?
Post by: nguyenthanhvien on July 25, 2018, 05:02:15 PM
usd is a strong currency that affects all countries in the world. Bitcoin as well as other currencies so it will greatly depend on the value of usd in the world.


Title: Re: The dollar affects Bitcoin?
Post by: nagobinga on July 25, 2018, 05:21:29 PM
The dollar is now starting to rise in price and can be an idol for sellers and cannot be matched by the Cripto currency which has now begun to decline.


Title: Re: The dollar affects Bitcoin?
Post by: r32godzilla on July 25, 2018, 06:04:49 PM
No the dollar price increase has nothing to do with bitcoin's price rise.Bitcoin's price gets affected by many factors like market FUD,decrease in demand but not in relation to dollar.


Title: Re: The dollar affects Bitcoin?
Post by: darkangel11 on July 25, 2018, 09:03:05 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I don't believe they are influencing one another in any way. It'a a coincidence that they are both rising at the same time. Fiat currencies are more stable and their waves take much more time to unfold. At the same time BTC can go full circle in just 1 year, meaning that it can moon, crash, go into depression and recover in less than a year! A typical fiat currency will usually need at least 3 years to do the same, but usually it takes 5-10 years.


Title: Re: The dollar affects Bitcoin?
Post by: Reid on July 25, 2018, 09:13:16 PM
Yes it does affect the price of bitcoin since they are in the same bracket.

But when you get deeper this is what shouldve happened.
USD value increase. Bitcoin exchange with USD should have went down.
Why are we seeing an increase of price in bitcoin?

They affect each other but still having their own market that makes them more valuable in this economy.


Title: Re: The dollar affects Bitcoin?
Post by: Ranly123 on July 25, 2018, 09:26:13 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I don't think it has any effect. Dollar and Bitcoin are two different assets in two different world, so how can this two be synchronized in relation to their usage? The dollar price is rising slow, yet Bitcoin price rise twice or even many times faster than of the dollar that's why I have concluded that dollar does not affect Bitcoin at all.


Title: Re: The dollar affects Bitcoin?
Post by: darkangel11 on July 25, 2018, 09:30:43 PM
Yes it does affect the price of bitcoin since they are in the same bracket.

But when you get deeper this is what shouldve happened.
USD value increase. Bitcoin exchange with USD should have went down.
Why are we seeing an increase of price in bitcoin?

They affect each other but still having their own market that makes them more valuable in this economy.

OK how? Please explain to me how the value of USD that you're exchanging your coins for can influence the value of BTC.
They both are reacting to world news and they both depend on world economies, but they don't depend on one another. IF USD would suddenly crash, BTC would crash too because it would create a shockwave throughout the world markets. For some people it looks easy: BTC wants to become the new world currency, so if world currencies die, BTC will go up, but it's not that simple. There were even some articles about this corelations like: https://cointelegraph.com/news/heres-how-world-fiat-money-affects-bitcoin-price

Conclusion
So far there is no indication that fiat money influence Bitcoin price after all. Bitcoin has been developing on its own, disregarding international news and major currencies movement.


Title: Re: The dollar affects Bitcoin?
Post by: jaysabi on July 25, 2018, 09:45:59 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Coincidence. There's no direct measurable impact, especially considering how quickly the price of Bitcoin moves and how slowly the price of the dollar moves. Two weeks ago they were moving in opposite directions, and in two weeks from now they may be again. There's no rhyme or reason or coordination, merely coincidences that aren't attributable to anything. Any actual impact is going to be completely drown out by the magnitude of the BTC price swings and wouldn't be measurable except perhaps on a timescale of decades.


Title: Re: The dollar affects Bitcoin?
Post by: goaldigger on July 25, 2018, 10:05:44 PM
They are separate entity so i guess not. Besides dollar doesnt drop that much when the value of the bitcoin become doomed. Bitcoin doesnt have any local currencies as basis because it is considered as international currency and people all over the world can use it.


Title: Re: The dollar affects Bitcoin?
Post by: Kayla on July 26, 2018, 07:43:47 PM
I think it's a coincidence that the bitcoin increase is usually influenced by how much demand and supply of bitcoin. Probably what is meant here is if bitcoin is converted into dollar value higher because currently dollar price is rising. As far as I know the dollar price has a big effect on the world's currency, not bitcoin. Perhaps a rise in the dollar could have an effect on bitcoin, but the scale is very small.


Title: Re: The dollar affects Bitcoin?
Post by: Yarsk on July 26, 2018, 07:48:57 PM
When the dollars rise the price of bitcoin will definitely be affected positively and that is what we are witnessing right now, the recent rise in the price of bitcoin is as a result of the rise in the price of dollars and at the same time the increase in the demands of commodities in the exchange market.


Title: Re: The dollar affects Bitcoin?
Post by: Chaki_ on July 26, 2018, 08:27:40 PM
ICO that are accepting Fiat only consider and prefer dollar than any other currency so I think there are factors that may effect in crypto if dollar price is decreasing


Title: Re: The dollar affects Bitcoin?
Post by: Adreman23 on July 27, 2018, 12:24:09 AM
Dollar and bitcoin has different variation of price movement. Dollar is more stable price volatility compare to bitcoin. Suppose dollar rise  the value there is a also possiblity  that bitcoin will fall. In my own opinion i think this is only a coincidence.


Title: Re: The dollar affects Bitcoin?
Post by: gowobonyok on July 27, 2018, 12:31:34 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it can actually make the price of bitcoins increase if the dollar price decreases and people will earn more profit in that way.
I dont think so. dollar, or any stock does not affect bitcoin. bitcoin determines its own nilianya, and whatever happens in the economy, does not have an effect on bitcoin. at least until now.


Title: Re: The dollar affects Bitcoin?
Post by: Intensity13.6 on July 27, 2018, 01:13:27 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Dollar and bitcoin has a different value and uses. Dollar is stable than bitcoin and it was a our national currency while bitcoin is just a digital currency which is best for investment. I think dollar is just a conversion rate of bitcoin just to see the value of  bitcoin because it is digital.


Title: Re: The dollar affects Bitcoin?
Post by: SaraMartin1212 on July 27, 2018, 03:58:56 AM
I think co-coin and dollars increase at the same time with no coincidence. USD has no major influence on Bitcoin because Bitcoin has no managers, no servers. In contrast to the US dollar is controlled by the United States, China, and other developed economies.


Title: Re: The dollar affects Bitcoin?
Post by: Raufjoze on July 27, 2018, 04:12:41 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

in my opinion it's just a coincidence, obviously different between dollar and bitcoin, and that can bolster the bitcoin value is a positive or negative issue that develops in bitcoin holders or new players


Title: Re: The dollar affects Bitcoin?
Post by: player514 on July 27, 2018, 06:00:36 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

They may both transmit information or value, but that’s where the comparisons should end. Today, merely out of desperation, Bitcoin value is constantly compared to the United States Dollar. We compare Bitcoin value to the dollar’s because they’re both seen as currencies, but Bitcoin value is much more than that. Currency is just Bitcoin’s first “app.” You can send 1000 bits of information within a Bitcoin. You can send millionths of a Bitcoin to someone as payment. The amount of Bitcoins produced is market capped. The distribution of Bitcoin is fully decentralized and is not bound by any primitive territories.


Title: Re: The dollar affects Bitcoin?
Post by: worldsuccess01 on July 27, 2018, 07:19:36 AM
This is not true dollars can affect bitcoin because bitcoin only is almost decreasing prices day and day while dollars are always rise due to some big businessman and powerful people in europe connected to all currency in the market.


Title: Re: The dollar affects Bitcoin?
Post by: IanKaramazov on July 27, 2018, 07:33:34 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I dont think they have anything connection.
Bitcoin went up because of the ETF thing. Now it went back down because that was just rejected. This is probaly the major reason for bitcoin price right now.


Title: Re: The dollar affects Bitcoin?
Post by: catubayjhon on July 27, 2018, 07:48:38 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think yes because the price of any crypto depends on what dollars price even if the token is rely on ethereum the price of is still based on dollars so i guess its really affect the crypto world.


Title: Re: The dollar affects Bitcoin?
Post by: Emigham7 on July 27, 2018, 08:04:36 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
There is a Co-relationship  between the raise in dollar and the raise in bitcoin. I don't think it to be a  coincidence. The increase will actually bring much return on investment to bitcoin investors


Title: Re: The dollar affects Bitcoin?
Post by: leesoorany08 on July 27, 2018, 08:05:47 AM
I agree with you. The dollar is rising, and the price of bitcoin also changes.


Title: Re: The dollar affects Bitcoin?
Post by: Andrew S on July 27, 2018, 08:12:37 AM
I think it's just a coincidence, well, or with the growth of the dollar people start buying bitcoin, while the price is low.


Title: Re: The dollar affects Bitcoin?
Post by: darklus123 on July 27, 2018, 08:21:32 AM
Sad to say but yes the price of bitcoin somewhat relates or varies in Us dollars. That also actually affects the other currencies.

I am seeing this type of pattern
Dollar affects the price of bitcoin
then suddenly the price of bitcoin affects the price of alt coins.
Dollar also affects the price of bitcoin on other currencies


Title: Re: The dollar affects Bitcoin?
Post by: Maricel2017 on July 27, 2018, 08:31:49 AM
I agree with you. The dollar is rising, and the price of bitcoin also changes.
I do not think it will affects the value of bitcoin because the dollar value is based on the growt of the economy of america it is not related in the crypto currency, the value of bitcoin will increase its because the demand was started to increase since many people take the advantage of high value of dollar or there are some whale wanting to manipulate the quite stable value of bitcoin in the past month.


Title: Re: The dollar affects Bitcoin?
Post by: Cacao2017 on July 27, 2018, 08:42:52 AM
If USD and EUR decrease due to inflation, the price of Bitcoin will increase. Therefore, fiat inflation will increase the price of Bitcoin in the long run. That affects the price of bitcoin


Title: Re: The dollar affects Bitcoin?
Post by: gosha18 on July 27, 2018, 09:25:21 AM
In some way affects bitcoin, as with the growth of the dollar, the price for bitcoin also increases.


Title: Re: The dollar affects Bitcoin?
Post by: Chrisjay29 on July 27, 2018, 09:42:17 AM
For me i think bitcoin will not effect if the dollar go down or up. Because they are both have different market. But its only my opinion and as i notice.


Title: Re: The dollar affects Bitcoin?
Post by: MiukoOk on July 27, 2018, 09:46:16 AM
No, the dollar is not related to BTC, BTC is a coin independent of the world economy, perhaps BTC is affected by many factors and there is no major factor to decide the BTC value. .


Title: Re: The dollar affects Bitcoin?
Post by: Noelnada on July 27, 2018, 09:53:47 AM
If USD and EUR decrease due to inflation, the price of Bitcoin will increase. Therefore, fiat inflation will increase the price of Bitcoin in the long run. That affects the price of bitcoin

Yes it is obvious that the price of Bitcoin in fiat currencies is affected by their relative purchase power. I think the OP question is a bit too vague but as the dollar is the world reserve currency it has a large effect on the global economy which has also an effect on the supply and demand of Bitcoin.

The connection between is thus direct and indirect but they both have their own complex dynamics, so as much as it's interesting it's a pretty difficult topic  :D


Title: Re: The dollar affects Bitcoin?
Post by: fianaindriati on July 27, 2018, 11:07:04 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think the bitcoin with the dollar bill is not interconnected. it's just that dollar and bitcoin money is currently rising but the bitcoin rise is not related to the dollar's rise. because the dollar with bitcoin is quite different.


Title: Re: The dollar affects Bitcoin?
Post by: BitGunner on July 27, 2018, 11:40:38 AM
I think that btc is the best and soon it will replace the dollar as well. to my mind, this will happen soon and we need to be prepared for new innovations and changes in the market which are inevitable


Title: Re: The dollar affects Bitcoin?
Post by: giarised on July 28, 2018, 06:35:25 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
The price of Bitcoin is being calculated with dollar, and I believe that there are lots of things that are being put into consideration to determine the price of BTC. So if the value of dollar begins to fall, I believe that BTC will get more costly and they will still try to balance it in a way, though I can’t explain exactly how they are going to do that but my point is that dollar does not really affect the price of Bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: mr777 on July 28, 2018, 06:42:11 AM
I agree with you. The dollar is rising, and the price of bitcoin also changes.

In my opinion, USD does not have enough exposure to BTC, because no one can manage Bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: RosieBoyd29 on July 28, 2018, 07:37:22 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think it's just a coincidence, or just one dollar is threatening Bitcoin.

It has been suggested that countries around the world would like to use Bitcoin to replace USD to limit US currency risk and avoid US sanctions - This can not happen because the dependency of payment is natural, if not dependent on USD, it may be other currencies. If Bitcoin can replace the dollar in international transactions, then countries are ultimately dependent on Bitcoin or another virtual currency, which is a vicious circle. Another point that makes Bitcoin difficult to replace the US dollar is its limited currency, only about 21 million Bitcoin in the world to exploit. Therefore, it can not meet the needs of international transactions thousands of times.

In my opinion, Bitcoin may affect the role of the dollar as a currency accepted by countries around the world but can not threaten the dollar. As mentioned above, Bitcoin does not have a national force behind it, as the United States has an economy with annual GDP of trillions of dollars, and Bitcoin is not protected by any state. Meanwhile, the value of Bitcoin is being converted into USD, so it is not possible to Bitcoin threaten the dollar.


Title: Re: The dollar affects Bitcoin?
Post by: fredo123 on July 28, 2018, 07:47:38 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
The dollar is in jeopardy of plummeting, and with nothing to back it up, There is no telling how far down the plunge could be. So while early investors are giddy about the potential from and impact of bitcoin there is a victim here as more and more investors move towards Bitcoin, the U. S. dollar become worthless. The good news, Thanks to bitcoin youll no longer have to rely on the ever tanking U.S dollar.


Title: Re: The dollar affects Bitcoin?
Post by: basyang on July 28, 2018, 08:45:15 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

The way I see things is, I think all of cryptocurrency and native currency are connected to each other. Personally, I think Dollars affect the bitcoin price based on what I observed lately. Maybe the value of dollars really affect the value of bitcoin price because when the dollars are rising bitcoin begin to high again and vice versa. And it also affect the investment that is why these two currency once increasing.


Title: Re: The dollar affects Bitcoin?
Post by: nickwen on July 28, 2018, 08:48:38 AM
I think the dollar affects Bitcoin a lot. If the dollar's price increases, people will sell Bitcoins and convert to dollars. If the dollar drops, many will use dollars to buy Bitcoin. That is my opinion


Title: Re: The dollar affects Bitcoin?
Post by: sublime5447 on July 28, 2018, 01:27:41 PM
The increase of dollar value doesn’t give a significant effect on the price movement of Bitcoin or even it just follow the inflation course because Bitcoin still depends on the value of FIAT, especially the difference in price stability between these two. There are other factors that affect Bitcoin more, like statements issued by the government (in each market this gives a very big influence) or the big players participate.


Title: Re: The dollar affects Bitcoin?
Post by: Btcjoglyn on July 28, 2018, 01:48:17 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Bitcoin and dollar are related to each other. They are alk currency. If dollar increases the bitcoin also increases.


Title: Re: The dollar affects Bitcoin?
Post by: Siminarota on July 28, 2018, 01:51:45 PM
In my opinion, no dollar will affect the BTC price, the BTC price depends on the demand and supply. That is the main reason for the price increase over time


Title: Re: The dollar affects Bitcoin?
Post by: cheann20 on July 28, 2018, 01:52:56 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think no affect in bitcoin,  becuase bitcoin not depending in dollors,  and i think dollor not depending on bitcoin.  So they dont affect each other..


Title: Re: The dollar affects Bitcoin?
Post by: Rockernewf on July 28, 2018, 01:53:04 PM
dollar doesn't affect bitcoin price noticeably


Title: Re: The dollar affects Bitcoin?
Post by: BitcoinLoan on July 28, 2018, 02:31:11 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think no affect in bitcoin,  becuase bitcoin not depending in dollors,  and i think dollor not depending on bitcoin.  So they dont affect each other..
So far there is no indication that fiat money influence Bitcoin price after all. Bitcoin has been developing on its own, disregarding international news and major currencies movement.


Title: Re: The dollar affects Bitcoin?
Post by: Ilegendph on July 28, 2018, 04:36:13 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Every answer to your question is a mere speculation. There is no direct interaction between dollar and bitcoin as bitcoin is backed by nothing other than the technology itself. Well, I guest, its more probable that more investor are coming in the trading industry since both have the same scenario.


Title: Re: The dollar affects Bitcoin?
Post by: glorybtc on July 28, 2018, 05:00:25 PM
it's just coincidence, dollars can not affect bitcoin. the bitcoin price movement is only influenced by the market, between the seller and the buyer


Title: Re: The dollar affects Bitcoin?
Post by: indog on July 28, 2018, 05:11:21 PM
I think bitcoins and dollars are a different matter. Bitcoin isnt affected by dollar and dollar isnt affected by bitcoin. Bitcoins and dollars running according to their respective functions. We cant make them each other, or choose one of them


Title: Re: The dollar affects Bitcoin?
Post by: gilad215 on July 28, 2018, 05:16:06 PM
I don't think that fiat has any correlation with cryptos at this particular time when overall marketcap is near $300 Billion. Market is only dependent upon the internal news related to cryptos itself. But if there is a time of severe economic condition and fiat is losing value because of failed economy, people might pit their money in other assets which are not affected much by such economic conditions and what is best than cryptos in such cases.


Title: Re: The dollar affects Bitcoin?
Post by: Kertmu on July 28, 2018, 05:18:23 PM
The value of the dollar can not be reflected in the cost of Bitcoin either, because basically the cost of Bitcoin is expressed in the same dollar.

In addition, in the near future, the decline in dollar will be negated, this is the forecast of strategists Morgan Stanley.


Title: Re: The dollar affects Bitcoin?
Post by: erikjoy on July 29, 2018, 07:01:54 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think it's just a coincidence, or just one dollar is threatening Bitcoin.

It has been suggested that countries around the world would like to use Bitcoin to replace USD to limit US currency risk and avoid US sanctions - This can not happen because the dependency of payment is natural, if not dependent on USD, it may be other currencies. If Bitcoin can replace the dollar in international transactions, then countries are ultimately dependent on Bitcoin or another virtual currency, which is a vicious circle. Another point that makes Bitcoin difficult to replace the US dollar is its limited currency, only about 21 million Bitcoin in the world to exploit. Therefore, it can not meet the needs of international transactions thousands of times.

In my opinion, Bitcoin may affect the role of the dollar as a currency accepted by countries around the world but can not threaten the dollar. As mentioned above, Bitcoin does not have a national force behind it, as the United States has an economy with annual GDP of trillions of dollars, and Bitcoin is not protected by any state. Meanwhile, the value of Bitcoin is being converted into USD, so it is not possible to Bitcoin threaten the dollar.

Yeah that's a good point. It would have a hard time replacing the currency because of how the current payment systems are established. Think about international banking networks, like the SWIFT system or visa and mastercard. They've got the whole world dependent on their systems that it's not easy for bitcoin to just step in and take over. And, so many companies have such strict compliance policies that they would never dream of sending a payment in any other form than an electronic wire transfer.

Bitcoin is denominated in USD, so it will always be measured in value against it. That's about as far as it will go though, from what I can see.


Title: Re: The dollar affects Bitcoin?
Post by: kosaymoive333 on July 30, 2018, 11:15:49 AM
Bitcoin prices are mainly measured in fiat currencies such as USD, EUR, JPY, KRW, when the dollar price increases, of course the value of Bitcoin also increases, but the volatility of the dollar depends on many different weaknesses, copper Dollar affects bitcoin is inevitable.


Title: Re: The dollar affects Bitcoin?
Post by: uchechiboy on July 30, 2018, 11:30:59 AM
Thanks for this wonderful topic.for me the price of the bitcoin is being calculated with dollars,and we also know that there is a lots  of things that is been put  into consideration before determining the price of the BTC. That is my own contribution.


Title: Re: The dollar affects Bitcoin?
Post by: freo01 on July 30, 2018, 11:37:02 AM
There's a significant relationship between Bitcoin and dollars. Bitcoin's price is base on dollars which as you can see in the a lot of websites. Dollars does affect Bitcoin some way either be it negative or positive. But I do not think that once Dollar's price increase, Bitcoin also would because they have their own market.


Title: Re: The dollar affects Bitcoin?
Post by: katerinaliisa on July 30, 2018, 12:18:14 PM
Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.


Title: Re: The dollar affects Bitcoin?
Post by: Slavyanskiy on July 30, 2018, 12:39:09 PM
I believe that the dollar does not affect Bitcoin. A parallel price increase, most likely just a coincidence.


Title: Re: The dollar affects Bitcoin?
Post by: ClackKendi on July 30, 2018, 01:31:03 PM
Dollar affects bitcon because the market economy is interplaying, and if inflation occurs then the bitcoin will be appreciated or even the euro will have an impact on the price. of bitcoin


Title: Re: The dollar affects Bitcoin?
Post by: leeheidrick on July 30, 2018, 01:49:29 PM
probably because people are still storing bitcoin and not selling and making bitcoin prices steady or even rising, and if the dollar price goes up and a lot of people sell bitcoin then bitcoin prices will go down


Title: Re: The dollar affects Bitcoin?
Post by: pluMmet on July 30, 2018, 01:57:53 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
bitcoin prices are affected by volatility, and most importantly, it can also be derived from legality and government regulations on the policy of a bitcoin, and that will reduce its users so that bitcoin prices will rise and fall, out there will not interfere with bitcoin prices let alone dollars, but in some campaigns depending on the policy of a manager who arranges payment will follow the dollar or bitcoin price.


Title: Re: The dollar affects Bitcoin?
Post by: darthmaul on July 30, 2018, 02:13:37 PM
The only thing that affects the bitcoin is FUD news, FOMO investments and whales manipulating the whole market for their own benefits.  ;)
I dont think dollar has got to do anything with the crypto currencies or bitcoin specifically. Dollar is just form of the currency, no matter what whether it is other countries currency as well. Because dollar is rising in the sphere of reality and on the other hand there is big barrier of virtual reality in between bitcoin and the fiat. So there is no way that they will get affected by it. Its not crypto to crypto relationship but alone currency which depends on fundamentals rather than technical relations.


Title: Re: The dollar affects Bitcoin?
Post by: metenjean on July 30, 2018, 02:23:40 PM
US dollar affects not only bitcoin but the whole economic system, dollar is used as payment method and tangible asset which used in everyday transactions while bitcoin mainly used only for investment nowadays. If we compare bitcoin transaction / day with government or banking institution combined then surely it affects much. As people need more cash money they will sell bitcoin and going for dollar.


Title: Re: The dollar affects Bitcoin?
Post by: runway on July 30, 2018, 02:47:50 PM
US dollar affects not only bitcoin but the whole economic system, dollar is used as payment method and tangible asset which used in everyday transactions while bitcoin mainly used only for investment nowadays. If we compare bitcoin transaction / day with government or banking institution combined then surely it affects much. As people need more cash money they will sell bitcoin and going for dollar.
What you say is true in a certain sense. The dollar is now regarded as the world's common currency. So when the price of the dollar goes down, it will certainly affect the market.


Title: Re: The dollar affects Bitcoin?
Post by: Mhd-Bobbi on July 30, 2018, 03:15:25 PM
All currencies or digital money affect each other. If the dollar falls, the bitcoin will also be affected because the investor uses dollars to buy bitcoin, which in turn causes the bitcoin price to fall affect
Yes, you are right. Everything is very influential. Currently the dollar is rising. And the bitcoin movement begins to rise little by little. Because today many people are starting to believe that bitcoin will increase.


Title: Re: The dollar affects Bitcoin?
Post by: Naida_BR on July 30, 2018, 03:26:40 PM
I can only see a positive correlation right here. If the value of the Dollar increases then investors can buy a bigger amount of Cryptos. Given that, the price of BTC (for example) will increase because of the rise in the demand on the contrast of the "stable" supply.


Title: Re: The dollar affects Bitcoin?
Post by: dajibale on July 30, 2018, 03:46:19 PM
I still think this is just a coincidence.BTC and dollar are completely different asset,dollar is a currency recognized by governments around the world,on the contrary,few of countries are confirm for BTC,even Bitcoin is illegal in some countries.


Title: Re: The dollar affects Bitcoin?
Post by: Vinalians on July 30, 2018, 04:03:54 PM
There is no coincidence when it comes in the currency they are all calculated and all accurate when the value of bitcoin increases the dollar will slightly fall because many people are buying cryptocurrency and also when the dollar increases meaning it would be bad for bitcoin because people pulled out some money in their wallets.


Title: Re: The dollar affects Bitcoin?
Post by: Onecrypto18 on July 30, 2018, 04:21:42 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
In my opinion, I would rather say it is a mere coincidence. The dollar increase couldn't have been the reason why BTC has recorded gain in value in the passed few days. What if there was a serious negative issue with BTC at this same time, definitely the prices would have dropped despite the dollar rise.


Title: Re: The dollar affects Bitcoin?
Post by: Jimitieu on July 30, 2018, 04:38:12 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think it will have a small effect on the price of bitcoin, because when converted to dollars, the higher the dollar price, the higher the value of the bitcoin you have multiplied. So it will affect and you will get some extra money from this. As if the price of gold or oil prices rise, everything is going up


Title: Re: The dollar affects Bitcoin?
Post by: qwerty12 on July 30, 2018, 05:04:06 PM
I'm not sure of that, I think the increased value in bitcoin has nothing to do with the increasing of a fiat currency like dollars or even other fiat money. maybe this is just a coincidence.


Title: Re: The dollar affects Bitcoin?
Post by: richmcrich on July 31, 2018, 08:10:02 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it can actually make the price of bitcoins increase if the dollar price decreases and people will earn more profit in that way.
I didn't know that. its interesting to know that how the price of the dollar fluctuates it impacts bitcoin.
I don’t think so that there is any such influence of any of the crypto currency over dollar or vice versa. There is nothing in common in between both the forms of the currency and that the ones who are using dollar are very much satisfied with it. However, if crypto currencies get legalized, then it will be a great trouble for the dollar to maintain the similar reputation which it has for now.


Title: Re: The dollar affects Bitcoin?
Post by: virasog on July 31, 2018, 09:28:00 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
bitcoin prices are affected by volatility, and most importantly, it can also be derived from legality and government regulations on the policy of a bitcoin, and that will reduce its users so that bitcoin prices will rise and fall, out there will not interfere with bitcoin prices let alone dollars, but in some campaigns depending on the policy of a manager who arranges payment will follow the dollar or bitcoin price.

Bitcoin price is 80% dependent on the News and the USD has a very little part to play here. The good thing is that bitcoin cannot be controlled or manipulated by the governments unlike USD which is controlled by a central authority.


Title: Re: The dollar affects Bitcoin?
Post by: Jimmi Andersen on July 31, 2018, 12:05:35 PM
I believe that the us dollar does not affect the exchange rate of bitcoin and other altcoins. The dollar is paired with other national currencies, such as the Euro, the Russian ruble, The Chinese yuan, etc.
Bitcoin depends on news factors, on rumors that are just a catalyst for growth or fall


Title: Re: The dollar affects Bitcoin?
Post by: Mhd-Bobbi on July 31, 2018, 01:07:40 PM
I'm not sure of that, I think the increased value in bitcoin has nothing to do with the increasing of a fiat currency like dollars or even other fiat money. maybe this is just a coincidence.
Why do you say nothing to do? Of course there are related. They will not sell bitcoin if the price goes down. They will sell when bitcoin prices go up.


Title: Re: The dollar affects Bitcoin?
Post by: BTCeminjas on July 31, 2018, 02:10:41 PM
The Bitcoin price is expressed as an exchange rate in relation to another currency. The decelerating rate of increase of the coinbase, the supply of bitcoin can, for practical purposes, be assumed to be constant. Whrn the price of the dollar is increase so more people earned big profit so can possibility affects dollar.


Title: Re: The dollar affects Bitcoin?
Post by: Duzter on July 31, 2018, 02:22:17 PM
As there is direct dependence of bitcoin with the fiat around the globe. So when there is a fall in the market of usd, the value of bitcoin falls. This causes a drastic fall in the entire capital market of cryptocurrency, and that seems to be the impact of USD upon bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: samsung001sss on July 31, 2018, 02:22:50 PM
I believe that bitcoin is not in any way connected with the price of bitcoin. You would also say that bitcoin is closely related to oil production. There is absolutely no direct connection of bitcoin and other national currencies. The whole reason is that many exchanges and major players on the exchange manipulate the price of bitcoin. Those who own a large number of coins has an impact on the development and price of bitcoin. That's what affects the price of the market today.


Title: Re: The dollar affects Bitcoin?
Post by: ReiMomo on July 31, 2018, 02:30:50 PM
I don't think so but I may be wrong. Crypto currency price is determined by the supply and demand of it and no other thing is intermediate or linked to that as per my knowledge. Dollar value can be rising or decreasing and that doesn't affect Bitcoin price but may be affect the price in minor in rare cases where one needs to buy Bitcoin when dollar is in high price.


Title: Re: The dollar affects Bitcoin?
Post by: virendarnagpal on July 31, 2018, 03:20:31 PM
I am unable understand the relation between dollar and bitcoin.  Why the value rise in dollar can hike the price of bitcoin?  These are two separate entities.  Both are just opposite to each other.
Dollar is fiat currency of USA while bitcoin is international virtual currency.  Price of the dollar is affected for different reasons those may be political; international; war etc .  We have experienced Bitcoin price fluctuating in a wide range; and such a fluctuation is impossible in case of dollar because it is guaranteed by the Government of America.

Price of bitcoin may rise when the value of dollar is decreasing due to inflation etc.  Just like gold and stock markets under those circumstances the value of bitcoin may increase. 


Title: Re: The dollar affects Bitcoin?
Post by: FlightyPouch on July 31, 2018, 03:34:00 PM
US dollar affects not only bitcoin but the whole economic system, dollar is used as payment method and tangible asset which used in everyday transactions while bitcoin mainly used only for investment nowadays. If we compare bitcoin transaction / day with government or banking institution combined then surely it affects much. As people need more cash money they will sell bitcoin and going for dollar.
What you say is true in a certain sense. The dollar is now regarded as the world's common currency. So when the price of the dollar goes down, it will certainly affect the market.

But even if the dollar make a change the price of Bitcoin will not change because the only thing that can make a change on the crypto currency price are us users. Dollar is just the given value of Bitcoin since it is the most traded currency in the world, even if the price of dollar goes down, I don't see it affecting the market especially the crypto currency market.


Title: Re: The dollar affects Bitcoin?
Post by: parlament9 on July 31, 2018, 07:12:38 PM
It is rather difficult economic problem. Since it is the new market - I think that it can be the truth, it is no secret that all markets are closely interconnected among themselves. Just as history with TETHER. I think that many heard and even saw what occurs


Title: Re: The dollar affects Bitcoin?
Post by: Clemcout on August 02, 2018, 09:27:20 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I dont think they have anything connection.
Bitcoin went up because of the ETF thing. Now it went back down because that was just rejected. This is probaly the major reason for bitcoin price right now.
I don’t think so that there is any such way to measure dollar with that of the bitcoin as both these currencies are entirely different currencies and that they don’t have anything in common. The only purpose for which dollar is being used is the conversion unit to help us in knowing the worth of the bitcoin and other crypto coins in terms on the regular currency. Other than that, dollar have no such impact on bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Kingsingle on August 02, 2018, 09:34:59 AM
I find these two coins separate, without affecting each other, at present the price of coins depends on supply and demand, so is converted to the dollar but the interaction between the two coins is not there.


Title: Re: The dollar affects Bitcoin?
Post by: AliciaHenry12 on August 02, 2018, 10:02:00 AM
In my opinion, at present USD does not affect much bitcoin. Bitcoin prices are mainly measured with fiat currencies such as USD, EUR, JPY, KRW, (formerly CNY before China banned RMB trading with Bitcoin in September 2017). In English-speaking countries, the US dollar and the euro (EUR) are the two major currencies. Both are experiencing continuous inflation due to increased money supply from the central bank's money printing


Title: Re: The dollar affects Bitcoin?
Post by: ricardobs on August 02, 2018, 10:24:25 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I don’t see how the price of Bitcoin is being affected by dollar. So you’re tying to say that assuming the price of Bitcoin is $10 and dollar happens to start rising that the price of Bitcoin will also follow it and maybe go up to $20? That’s a lie, most of you are wrong that’s not true.

The value of Bitcoin has nothing to do with the rate of dollar rising or falling, it all depends on what we invest, what we are ready to buy and sell.


Title: Re: The dollar affects Bitcoin?
Post by: netil on August 02, 2018, 10:50:09 AM
I would say that this lobby of the dollar influences bitcoin. Very many are not interested in the development of crypto because it will have a negative effect on traditional currencies, which means that their assets will be reduced.


Title: Re: The dollar affects Bitcoin?
Post by: lungu113 on August 02, 2018, 11:23:23 AM
I would say that this lobby of the dollar influences bitcoin. Very many are not interested in the development of crypto because it will have a negative effect on traditional currencies, which means that their assets will be reduced.

Well still dollar won't be affected if bitcoin will become popular. In the first place we used money as the main source of our finance which in market industry money still more valiable.


Title: Re: The dollar affects Bitcoin?
Post by: robbietobby on August 02, 2018, 12:07:40 PM
Same thing as the condition of other monetary values. If one increases and so the other. All currencies are connected and intertwined with each other. The loss of one economy could be a great impact to the world's economy. And so coins are just connected and thats the way it used to be.


Title: Re: The dollar affects Bitcoin?
Post by: nmgfsdnfgwjio on August 02, 2018, 12:21:21 PM
I just thought it was the coincidence. But that is good. The United States can grow at the same time as bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Athanasios Motok on August 02, 2018, 12:36:03 PM
I believe that the dollar does not affect the price of bitcoin. Bitcoin depends on other factors and conditions in the market. Bitcoin is very subject to rumors and news, as in principle, any asset or stock on the exchange. Bitcoin depends on large holders who can bring down a coin at any time or Vice versa to make a pump coin.


Title: Re: The dollar affects Bitcoin?
Post by: Rockernewf on August 02, 2018, 12:40:51 PM
Maybe a regular dollar not that much but I've seen some good analisys of a correlation between extreme amounts of printed Tether and Bitcoin price increase.


Title: Re: The dollar affects Bitcoin?
Post by: maculeth on August 02, 2018, 12:48:51 PM
no. so far bitcoin determines its own value. ups and downs of dollars do not affect bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: ace1105 on August 02, 2018, 12:56:42 PM
I believe that the dollar does not affect the price of bitcoin. Bitcoin depends on other factors and conditions in the market. Bitcoin is very subject to rumors and news, as in principle, any asset or stock on the exchange. Bitcoin depends on large holders who can bring down a coin at any time or Vice versa to make a pump coin.

Yes, you explained it very well. I think the value of dollar doesn't affect the price of bitcoin. Even if dollar is most fiat currency use by all investors, you are right that those factors mentioned above affects bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: ajoygb on August 02, 2018, 01:19:41 PM
Still it can affect the bitcoin, it can be said that a devaluation of the dollar, or a recession could be a good catalyst for cryptocurrencies in general. So in terms of bitcoins valued against dollar, the value of bitcoin will also decrease. I feel if such a scenario arises then there would a huge bitcoin sell-off due to negetive market sentiments.


Title: Re: The dollar affects Bitcoin?
Post by: CarnagexD on August 02, 2018, 01:35:40 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

That is funny. I dont think there is any sort of effect over the bitcoin from USD side. The crypto currencies are in different sphere and dollar is at different. The dollar can affect the other national currencies but not the bitcoin I believe. Other currencies are paired with the USD market directly while bitcoin is indirectly. Dollar value rise as such wont affect it, what might affect is its influx in the bitcoin market. This applies to other national currencies as well. Its surely just a coincidence and can be proven with the fact that only BTC is rising and not all the altcoins.

 Hello duds, please try to redirect your question? Bitcoin is Decentralized digital crypto currency transaction, with its own security features, advance technology (Blockchain). There is no direct correlation on the amount or price value of US $ to Bitcoin. US stock market deals with solid investment, transact on solid product like gold,silver etc.etc. while Bitcoin investment is on Digital currency into the crypto market.


Title: Re: The dollar affects Bitcoin?
Post by: hardtargetbtc002018 on August 02, 2018, 01:57:08 PM
Still it can affect the bitcoin, it can be said that a devaluation of the dollar, or a recession could be a good catalyst for cryptocurrencies in general. So in terms of bitcoins valued against dollar, the value of bitcoin will also decrease. I feel if such a scenario arises then there would a huge bitcoin sell-off due to negetive market sentiments.

For me i think it really affects the market because most of the time we are using dollar to buy bitcoins and also during exchanges of coins into cash so its really big advantages for bitcoin if the dollar will rise.


Title: Re: The dollar affects Bitcoin?
Post by: zeger on August 02, 2018, 02:07:54 PM
The price of Bitcoin isn't the exact same as its value. Conversely, towards the end of the year, it has historically rallied. Recently, it surpassed US$1,000 for the first time since the first few days of January. Therefore, if you would like to set the price of Bitcoin in the future you merely spend the price today and say that's the price later on.


Title: Re: The dollar affects Bitcoin?
Post by: ChaChaiTL on August 02, 2018, 02:57:30 PM
f the dollar is going to be inflated, the bitcoin price will go up because the value of the dollar has fallen, so buying a bit of it needs more dollars, dollars Strong move to bitcoin


Title: Re: The dollar affects Bitcoin?
Post by: beej on August 02, 2018, 03:22:13 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think US dollar prices have situational significant effects on Bitcoins. When it reached $20k that was
a massive deal for bitcoins. A combine increase in dollar and bitcoin prices will surely make the market
engaging and a lot of people elated from prices alone.


Title: Re: The dollar affects Bitcoin?
Post by: yunzau on August 02, 2018, 03:42:01 PM
yes it is influential because of its value as a popular fiat currency and its rise also affects bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Girlsbit on August 02, 2018, 04:20:08 PM
If you think about it, then there is little influence, since bitcoin is still traded in dollars, an increase in the latter will increase the growth rate.


Title: Re: The dollar affects Bitcoin?
Post by: giarised on August 03, 2018, 05:20:03 AM
Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.
That is the point. If it is the case, then how bitcoin has flourished in different countries. Like now in Zimbabwe, dollars is equal to some billions of local currency. Here, how can you say bitcoin is going down and its bear run? This really needs to be understood that bitcoin is independent of any currency. Only this situation makes the difference and keep bitcoin amazing.


Title: Re: The dollar affects Bitcoin?
Post by: hatsoff2btc on August 07, 2018, 05:35:27 AM
I would say that this lobby of the dollar influences bitcoin. Very many are not interested in the development of crypto because it will have a negative effect on traditional currencies, which means that their assets will be reduced.
For the countries where dollar is main currency and the whole economic system is whirling around this one pillar, there is a deep connection of dollar and everything related to it. But like Ireland and other countries where dollar is just another currency, I don’t think so there would be big effect form this change. The drastic drop down or increase is independent to bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: squog on August 07, 2018, 05:47:45 AM
I don't think the dollar could affect crypto currency and even if it did, it would affect very less. I mean crypto currency is different from fiat currency in the way it operates. I now that when Fiat falls we can always go to crypto currency, much like what happened to Venezuela, although i don't know if it was a successful.


Title: Re: The dollar affects Bitcoin?
Post by: shawn995 on August 07, 2018, 06:01:25 AM
I think its occurrence, bitcoin and dollar as a rule don't related by any stretch of the imagination, the dollar is completely controlled so it can't take after the bitcoin development, and the market for both of the monetary standards is extraordinary, and beforehand when bitcoin tumble down profound I don't see dollar additionally tumbling down, so I consider both them are not related.


Title: Re: The dollar affects Bitcoin?
Post by: Kang Bahar on August 07, 2018, 07:36:36 AM
Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.
Agree. I don't think USD will affect Bitcoin price. AFAIK, the influence of Bitcoin prices is determined by supply and demand, instead of USD. I think we all know that.


Title: Re: The dollar affects Bitcoin?
Post by: TranTrongit on August 07, 2018, 09:55:35 AM
Probably a coincidence. bitcoin and USD are not related. The increase and decrease of bitcoin is due to the demand between supply and demand in the crypto market. The dollar or the currency of nations is governed by the economy of that country at some point in time


Title: Re: The dollar affects Bitcoin?
Post by: chrisculanag on August 07, 2018, 10:17:16 AM
Probably a coincidence. bitcoin and USD are not related. The increase and decrease of bitcoin is due to the demand between supply and demand in the crypto market. The dollar or the currency of nations is governed by the economy of that country at some point in time


Yes you are right about that but if you buy bitcoin using dollar currency , if the dollar increasing also you increase your profit too. I think usd slightly related  to bitcoin because thats my know about the bitcoin pricing , demand and supply is a big effect in bitcoin pricing and i agree with you that .


Title: Re: The dollar affects Bitcoin?
Post by: andika2018 on August 07, 2018, 10:41:57 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think its just coincidence. Mostly when dollar drop the value, bitcoin price will rising againts dollar but in this case, dollar rising and bitcoin rising at same time. But mostly bitcoin price always affected by news in market. When negatives news on market spread wider, peoples will panic and price fall and when positive news coming to market, most bitcoin and altcoin price increasing


Title: Re: The dollar affects Bitcoin?
Post by: Getcoinsite on August 07, 2018, 11:13:14 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
The dollar affects all the economic rights of the world because this is the main currency that has been use by the whole world and this is the sad part

We cant do anything from this.thats why i believe that cryptocurrency is the best way to save the world from this situation.i am looking forward the day that crypto specially bitcoin are being used as major currency used worldwide


Title: Re: The dollar affects Bitcoin?
Post by: giletto on August 07, 2018, 11:43:43 AM
The dollar is the most popular currency in the world. The price of dollar affects all economies of the world, once dollars are devalued. All things economy falls and vice versa. And crypto will certainly be affected too.


Title: Re: The dollar affects Bitcoin?
Post by: manismanja on August 07, 2018, 01:27:53 PM
in my opinion that won't happen because the dollar will never be directly connected with bitcoin and the dollar also has a difference from bitcoin so bitcoin will still be different.


Title: Re: The dollar affects Bitcoin?
Post by: Zurbuchen on August 07, 2018, 01:58:29 PM
In my opinion, I dont think that the price of dollar could affect the value of bitcoin. Since bitcoin as time goes by has increases it value to the market.


Title: Re: The dollar affects Bitcoin?
Post by: Baggong on August 07, 2018, 02:23:43 PM
The dollar is the world's strongest currency and becomes global money, everyone can accept the dollar, when the dollar price rises it automatically makes inflation and everyone gets excited to buy dollars, this is what makes bitcoin drop because the user switches to the dollar.


Title: Re: The dollar affects Bitcoin?
Post by: wqiwi212jsjs@jj on August 07, 2018, 02:33:17 PM
Probably a coincidence, the dollar is used by many countries in the fast-changing world. Bitcoin is the same, I think there is a similarity.


Title: Re: The dollar affects Bitcoin?
Post by: petrobit on August 07, 2018, 02:58:39 PM
the dollar unfortunately affects the entire world economy. for a long time the whole world has recognized the dollar as a universal currency and hence the influence on it extends to the entire world economy.


Title: Re: The dollar affects Bitcoin?
Post by: olalaMaty on August 07, 2018, 03:34:21 PM
In dollar terms, bitcoin has a significant impact on the bitcoin. If bitcoin reduces inflation, it will have the opposite effect on bitcoins, if the price of the dollar increases or decreases, which directly affects the bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Shiro21 on August 07, 2018, 03:47:34 PM
As far as I know, the bitcoin market has little influence on the condition of the dollar, because the bitcoin system is free from third parties. Considering the movement of bitcoin prices ahead of the announcement of US dollar interest by the Fed is somewhat "mediocre" compared to days without important issues, perhaps the ideals of the inventors of bitcoin began to materialize.


Title: Re: The dollar affects Bitcoin?
Post by: lanalang on August 07, 2018, 06:12:34 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It is saying that even in my small and non-significant Country dollar is still growing, I think that my people are not even familiar about what is the Ethereum, but we are affected as well as every developing country in the world.


Title: Re: The dollar affects Bitcoin?
Post by: Malabarka on August 12, 2018, 05:50:46 AM
This, of course, is due to the growth of the dollar, but very slightly. If the dollar had such an impact on the price of cryptocurrency, all altcoins would become more expensive.. But we see only a slight increase in Bitcoin. The altcoins are at the bottom..


Title: Re: The dollar affects Bitcoin?
Post by: microwave on August 12, 2018, 07:32:08 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Price increased kf dollar is because of manipulation of oil and merchandise but this not in connection of price inflation of bitcoin. Trader and investor of bitcoin is responsible to the movable movement of bitcoin price. So dollar and bitcoin is continuously moving not to be compete with both parties.



Title: Re: The dollar affects Bitcoin?
Post by: cahbagus555 on August 12, 2018, 09:21:02 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Beside dollar rising, bitcoin have negative news and thats make bitcoin value looks weak on dollar. But I am optimistic on bitcoin price when ETF approved on september, it will bring big investor to crypto market


Title: Re: The dollar affects Bitcoin?
Post by: awik p on August 12, 2018, 09:34:30 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Beside dollar rising, bitcoin have negative news and thats make bitcoin value looks weak on dollar. But I am optimistic on bitcoin price when ETF approved on september, it will bring big investor to crypto market
right. the role of government is really needed to support development of cryptocurrency. with policy in favor of btc it will increase that price against dollar, because of increasing demand for BTC


Title: Re: The dollar affects Bitcoin?
Post by: Mikado_ on August 12, 2018, 04:58:24 PM
The dollar is very strong at the moment, despite a trillion dollar budget deficit.

This is not sustainable.

Within a few months, quantitative easing will be necessary, and the dollar will be weaker.

This may be bullish for bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: s.mahmood on August 12, 2018, 05:30:05 PM
seam to me dollar doesn't make any influence in bitcoin market.But when we sell bitcoin and cash out money then of course we depend on dollar rate.If dollar's rate is high we get more money and if dollar rate is low we get  small amount.


Title: Re: The dollar affects Bitcoin?
Post by: Visteryy on August 12, 2018, 05:41:32 PM
The dollar is the most popular currency in the world. The price of dollar affects all economies of the world, once dollars are devalued. All things economy falls and vice versa. And crypto will certainly be affected too.
The dollar is a trading currency around the world. It has its own values in every country. High or low value compared to those countries, it has many important characteristics in the market. In order to be able to trade for everything, especially in the field of electronic money, it has a great influence. All its actions are decisive for the financial market economy.


Title: Re: The dollar affects Bitcoin?
Post by: tdtduy on August 14, 2018, 01:02:58 PM
The US dollar directly affects the value of Bitcoin. Because the value of Bitcoin is usually converted to US dollars. It is also due to the psychology of investors in Bitcoin change if the US dollar value changes. This means that if US dollars are rising in the global market, Bitcoin will decline, if the US dollar falls, then Bitcoin will add value. This is a factor that affects Bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: FreeEarnsActivist on August 14, 2018, 01:30:34 PM
Well obviously as the best way to measure BTC price is to look at the dollar parity...


Title: Re: The dollar affects Bitcoin?
Post by: ValerieBTC on August 15, 2018, 06:37:18 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Beside dollar rising, bitcoin have negative news and thats make bitcoin value looks weak on dollar. But I am optimistic on bitcoin price when ETF approved on september, it will bring big investor to crypto market
Well after reading so many comments and different views, I think we should take it in other way too. dollar is a currency that is being used internationally. But this wouldn’t be affecting so strongly as prices of bitcoin is either increasing or decreasing or vice versa. Either dollar go up or down, bitcoin would be affected just in aspect that people must buy it in different prices.


Title: Re: The dollar affects Bitcoin?
Post by: Ailmand on August 15, 2018, 07:18:49 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think it has an effect since the dollar is one of the most powerful currencies around, and also, many dealings in the cryptocurrency market end up being traded or exchanged into dollars all over the world. Therefore, the movement and rates of dollars have a major effect on how the cryptocurrencies themselves move and trend in the market. Also, I say that because cryptocurrencies are such a different breed of currency that it can be affected by non-usual or traditional factors that affect the currencies we use today.


Title: Re: The dollar affects Bitcoin?
Post by: Cacao2017 on August 15, 2018, 07:30:11 AM
Well, I think the dollar has a certain impact on the bitcoin price because we usually use dollars to buy bitcoin which makes the price of bitcoin impacted by the neu dollar as well as the dollar being sold. Influence to btc value


Title: Re: The dollar affects Bitcoin?
Post by: randyhuges on August 15, 2018, 08:55:14 AM
Yes, it can make bitcoin prices go up and down. Everyone can make a profit from it.


Title: Re: The dollar affects Bitcoin?
Post by: Neved1975 on August 15, 2018, 09:11:50 AM
I nevertheless suppose that is just a twist of fate.BTC and dollar are absolutely specific asset,greenback is a forex recognized by way of governments round the arena,on the opposite,few of countries are verify for BTC,even Bitcoin is unlawful in some international locations.


Title: Re: The dollar affects Bitcoin?
Post by: crazymelons12 on August 15, 2018, 09:38:59 AM
I think yes. We know for a fact that cryptocurrency in general doesn't have any value at all. Except for an instance where it is bought. The price it stands for will then be the value you paid for say for it, for example in dollar. So the higher the value, maybe the lesser will buy due to its high price. Should there be any crisis I think the lesser will buy as well. So i think it does have any connection to the cryptocurreny wether it would be ethereum, bitcoin or all other coins.


Title: Re: The dollar affects Bitcoin?
Post by: katrimans on August 17, 2018, 06:35:09 AM
I nevertheless suppose that is just a twist of fate.BTC and dollar are absolutely specific asset,greenback is a forex recognized by way of governments round the arena,on the opposite,few of countries are verify for BTC,even Bitcoin is unlawful in some international locations.

I think that the value of Bitcoin is not determined by the value of the dollar in the international market alone but also by the demand for the coin. If the demand for Bitcoin is high, the price of Bitcoin will also be high except some exceptional cases. Now if the price of dollar falls, there will also be a fall in the value of Bitcoin in terms of dollar but the as soon as the fall in the value of dollar is recovered, the value of Bitcoin will also recover. This is a general market trend.


Title: Re: The dollar affects Bitcoin?
Post by: crocus on August 17, 2018, 07:11:53 AM
I don't think that dollars affects bitcoin price cause bitcoin is volatile and the reason why bitcoin price had a quick changes of price is it because of supply and demand on the market and increasing of dollars has nothing to do with.


Title: Re: The dollar affects Bitcoin?
Post by: PrinceFury on August 17, 2018, 07:58:27 AM
When all is said in done a rising tide raises all boats, anyway its in every case genuine. At this moment numerous financial specialists are clutching blockchains and not putting resources into ICOs as the fundamental blockchain rates are rising, they expect more noteworthy development from the blockchain than ICOs. At the point when the huge young men drop, there is all the more spending towards ICOs and alt-coins as financial specialists would prefer not to lose esteem.


Title: Re: The dollar affects Bitcoin?
Post by: kiatitami on August 17, 2018, 08:23:30 AM
We convert from dollars to altcoin and vice versa. These two currencies are tight-fitting, but the purpose is only to dollar, so altcoin is only auxiliary currency and not as valuable as dollars.


Title: Re: The dollar affects Bitcoin?
Post by: Haoque89 on August 17, 2018, 08:43:15 AM
Inflation is measured by the consumer price index (CPI), which measures the cost of a basket of consumer goods, such as food and gas. If inflation is measured, the price of bitcoin will rise because of the price. The $ 8,000 dollar will buy a bitcoin, but if it does, $ 8500 will buy a bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Popov_popov on August 17, 2018, 09:08:20 AM
To some extent, the dollar affects the price of bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Antonina on August 17, 2018, 05:10:40 PM
I think that the whole economy in this world is interconnected, and the growth of the dollar directly depends on bitcoin


Title: Re: The dollar affects Bitcoin?
Post by: tazmannia on August 17, 2018, 05:27:14 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It's a coincidence, I don't think there's a connection between the dollar and bitcoin. You would have said that the sanctions have any influence on bitcoin. No, I Think it's a coincidence of parallel growth.


Title: Re: The dollar affects Bitcoin?
Post by: hawkins on August 17, 2018, 05:42:12 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It's a coincidence, I don't think there's a connection between the dollar and bitcoin. You would have said that the sanctions have any influence on bitcoin. No, I Think it's a coincidence of parallel growth.
you are right. maybe it depends on the condition. but it could be related, because when many people invest in bitcoin using dollars, of course it will make the price of bitcoin rise to greater. but, it returned to its condition.


Title: Re: The dollar affects Bitcoin?
Post by: cdoyle14 on August 17, 2018, 05:55:16 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It is certainly good that Dollar is growing but I'm thinking that it would never have an ability to grow as large as bitcoin though sometimes for example $1,500 in one night, few days ago as it was.


Title: Re: The dollar affects Bitcoin?
Post by: Wall_Streeet on August 18, 2018, 09:20:47 AM
the dollar can affect bitcoin, and bitcoin will not be able to the dollar, because there is still no such volume to shift the dollar at least by


Title: Re: The dollar affects Bitcoin?
Post by: newbie-hero on August 18, 2018, 01:55:02 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Beside dollar rising, bitcoin have negative news and thats make bitcoin value looks weak on dollar. But I am optimistic on bitcoin price when ETF approved on september, it will bring big investor to crypto market

Yes, I suppose it can affect the price of Bitcoin. Now Trump said that dollar has become stronger, and as I see, the crypto market started to recover. I know that the crypto will never replace USD but they are connected.


Title: Re: The dollar affects Bitcoin?
Post by: Rumayanhi on August 18, 2018, 02:06:29 PM
This is just a coincidence in my opinion, and you also have to know that bitcoin is trading against the dollar, therefore in reality when bitcoin increases, bitcoin must fall. But a lot of positive news hit the dollar market and the bitcoin market and that is why it seems to move in the same way.


Title: Re: The dollar affects Bitcoin?
Post by: strideynet on August 21, 2018, 07:19:32 AM
the volume of cryptocurrencies is still so small to influence the growth of the dollar. I think it's just a coincidence.


Title: Re: The dollar affects Bitcoin?
Post by: hualy2 on August 21, 2018, 07:43:34 AM
Yes, the dollar will not only affect Bitcoin, but also the currencies of all countries. But it will all end. In the next 10 years, the dollar economy will collapse and the world needs a more balanced economic development.


Title: Re: The dollar affects Bitcoin?
Post by: Kertmu on August 21, 2018, 11:20:56 AM
Now the dollar is not growing, the USD index is in the range of 95, so we can say now stability, everything will depend on the decision in relation to China's sanctions and relations with the EU.


Title: Re: The dollar affects Bitcoin?
Post by: yusupjatigumilar on August 21, 2018, 11:37:02 AM
strengthening dollar prices certainly makes the price of bitcoin corrected because the owner of the (American) dollar has a very strong influence in the movement of bitcoin prices, and the country has a lot of news that bitcoin is not well received by the government there


Title: Re: The dollar affects Bitcoin?
Post by: gunhell16 on August 21, 2018, 11:42:39 AM
the price of bitcoin is equal to some USD,
the rise of bitcoin is due to the demand of the people in the community.
it is not depending on the dollar pump.


Title: Re: The dollar affects Bitcoin?
Post by: BTC_BTC on August 21, 2018, 01:06:38 PM
no, dollars and bitcoin are not bound at all.
both are in place and have their respective uses, the dollar does not affect bitcoin and vice versa.


Title: Re: The dollar affects Bitcoin?
Post by: vachellie on August 21, 2018, 01:31:42 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

It's just coincidence, the two currencies are not connected at all. Like we all know bitcoin prices is fluctuation not like dollar or other fiat currency who have more stable than bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: cryptoalfs76 on August 21, 2018, 02:21:19 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Actualy there was a certain point thats once a dollar is increase the value of bitcoin woulds also been affected and rise,therefore in my own thought this is not a coincidence,because there is a certain relevant in terms of price  value of bitcoin to dollar money,if you look up the currency market,there is a equivalent value of dollar into bitcoin figures.


Title: Re: The dollar affects Bitcoin?
Post by: sultanGol on August 21, 2018, 02:31:28 PM
I would say it is probably just a coincidence. The dollar is far not as volatile as Bitcoin, and so a small change in dollar's price would not effect Bitcoin directly, IMO.


Title: Re: The dollar affects Bitcoin?
Post by: kenlyresuello08 on August 21, 2018, 03:06:59 PM
Better use fiat not dollar.


Title: Re: The dollar affects Bitcoin?
Post by: Fitrilalala on August 21, 2018, 05:44:19 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
i believe there is a broad things and not only dollar price that affect the value of cryptocurrency. I believe how the community and investors take the problem that affect the value of bitcoin. If they doing okay i believe bitcoin will rise up and if they think its bad problem so the bitcoin will going down. Its really wide to understand what affect the market. All economic things and politics also could affect the value of bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: rancidgash on August 21, 2018, 06:40:54 PM
I would say it is probably just a coincidence. The dollar is far not as volatile as Bitcoin, and so a small change in dollar's price would not effect Bitcoin directly, IMO.
For me is the same, bitcoin price moves its own ways and dollar has nothing to say about that, it was so many times that dollar went down/ up and bitcoin done nothing.


Title: Re: The dollar affects Bitcoin?
Post by: recklessMe on August 31, 2018, 10:29:13 AM
Given that people who are not from USA buy dollars in order to exchange it for Bitcoin, the rate grows. International use of dollar makes it very influentional on the crypto market.


Title: Re: The dollar affects Bitcoin?
Post by: Janation on August 31, 2018, 10:37:43 AM
To some extent, the dollar affects the price of bitcoin.

The price of Bitcoin is not affected by the price of the USD. Yes, Bitcoin's value or price is usually on USD but that doesn't mean that it all relies on the USD since when USD changes, BTC will move.

But I think when the USD price moves, the price of BTC moves depending on the change of USD but still the value of it is still the same. So I don't think that it affects BTC's price.


Title: Re: The dollar affects Bitcoin?
Post by: maminelly on August 31, 2018, 10:51:05 AM
US dollar value is rising very slowly compared to the bitcoin price increase.the USD price movement has some little impact over bitcoin,but would say are other factors,that are pushing the btc price up and have to determine them....


Title: Re: The dollar affects Bitcoin?
Post by: taliwang on August 31, 2018, 12:13:03 PM
I think the dollar will not be able to make a definite influence on the condition of cryptocurrency prices like bitcoin because this bitcoin has a pure movement from the demand and the effect of a very limited total supply.


Title: Re: The dollar affects Bitcoin?
Post by: laracastvue on August 31, 2018, 01:12:41 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

In my own opinion yes it will affect the price of dollars because if bitcoins has more demand then the value of dollars will be surpassed by bitcoins in the future just like other countries fiat.


Title: Re: The dollar affects Bitcoin?
Post by: Caelanpelley on August 31, 2018, 01:53:11 PM
Of course, the dollar affects the price of bitcoin. Because bitcoin exchanges are paid in dollars. So if the dollar price increases then the bitcoin price also increases. This is a very good sign. I hope good signal from bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: BTC_BTC on August 31, 2018, 02:11:39 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think it's just a coincidence, because cryptocurrency is not bound to fiat currency at all. whether it's a euro dollar or something.


Title: Re: The dollar affects Bitcoin?
Post by: lendahawkins on August 31, 2018, 02:18:54 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
Yes for sure charlie lee do say it does affecting bitcoin price. I do think the biggest market of cryptocurrency is on US. So i believe it does have a big effect on crypto.


Title: Re: The dollar affects Bitcoin?
Post by: junglist.massive on August 31, 2018, 02:40:41 PM
More price increases to Dollar inflation, not to the demand for Bitcoin. It’s Bitcoin that can affect the price of other currencies, digital currencies. Maybe that increase is just a coincidence that happens from many possibilities and there’s probably a news that just lift up both currencies together.


Title: Re: The dollar affects Bitcoin?
Post by: CPetersson on August 31, 2018, 07:35:04 PM
I think there is a connection between fiat and cryptocurrency, and dollar affects on bitcoin. On the other hand bitcoin has many other factors and we can't foresee what and how affects on bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Sled on September 01, 2018, 02:55:13 AM
If the inflation rate on dollar will go to a higher rate then it will affect bitcoin and it will cause a huge jump on the price of bitcoin. The price of bitcoin depends on the rate of the dollar and the performance of the other economy because that is where the money of the investor are coming from so if the economy is doing good then the performance of bitcoin will also become good.


Title: Re: The dollar affects Bitcoin?
Post by: Friskaadew on September 01, 2018, 06:12:42 AM
i think their will be impact if dolar rising to bit coinsbecause investor buy coin with a dollar so if dolar rising then the purchasing power of investors will increase :)


Title: Re: The dollar affects Bitcoin?
Post by: cherryfer on September 01, 2018, 08:53:29 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?



Bitcoin in the  beginning is the price volatile there is inflation and deflation we all know that in besides all of this circumstances is reflected by the  in and out investor so dollar is not responsible the price of bitcoin bubble.


Title: Re: The dollar affects Bitcoin?
Post by: Renampun on September 01, 2018, 08:59:39 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
actually, the dollar has nothing to do with Bitcoin, and Bitcoin is a decentralized cryptocurrency that increases and decreases prices depending on purchases and sales, but it could be that Bitcoin is bought by many traders who profit from the rise and fall of the dollar thus making the price of Bitcoin go up.


Title: Re: The dollar affects Bitcoin?
Post by: KorakPawon on September 01, 2018, 09:03:28 AM
It's not a coincidence I guess. As we all know that dollar is always affect everything and anywhere, especially people's need, so it's not a surprise if dollar value rising, the price of bitcoin will follow as well.


Title: Re: The dollar affects Bitcoin?
Post by: Tigorss on September 01, 2018, 09:56:44 AM
Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.
That is the point. If it is the case, then how bitcoin has flourished in different countries. Like now in Zimbabwe, dollars is equal to some billions of local currency. Here, how can you say bitcoin is going down and its bear run? This really needs to be understood that bitcoin is independent of any currency. Only this situation makes the difference and keep bitcoin amazing.
indeed many think that the dollar affects the price of bitcoin, but in fact it is not at all, if the increase in the dollar price can be said to be an influence on the increase in the price of bitcoin is actually just a coincidence, because indeed in a forum a payment campaign will refer to the dollar but up and down the price is not affected by the dollar.


Title: Re: The dollar affects Bitcoin?
Post by: EddyGameta on September 01, 2018, 02:03:56 PM
Bitcoin and the dollar are moving in the same direction at the same time, a coincidence that happens only a few times, it’s very clear to see the both price chart the currency didn’t go to the same direction because it has a different market or scope. This coincidence happened because both currencies are responding to the same issue with a positive response.


Title: Re: The dollar affects Bitcoin?
Post by: devinks on September 01, 2018, 02:19:05 PM
Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.
That is the point. If it is the case, then how bitcoin has flourished in different countries. Like now in Zimbabwe, dollars is equal to some billions of local currency. Here, how can you say bitcoin is going down and its bear run? This really needs to be understood that bitcoin is independent of any currency. Only this situation makes the difference and keep bitcoin amazing.
indeed many think that the dollar affects the price of bitcoin, but in fact it is not at all, if the increase in the dollar price can be said to be an influence on the increase in the price of bitcoin is actually just a coincidence, because indeed in a forum a payment campaign will refer to the dollar but up and down the price is not affected by the dollar.
Bitcoin and dollars are the two currencies that occupy the highest prices. if bitcoin is in the digital world, the dollar is in the real world. surely the dollar affects bitcoin because of the price of bitcoin if it's worth it, the benchmark is the dollar.


Title: Re: The dollar affects Bitcoin?
Post by: lapongetiasuu on September 01, 2018, 02:23:47 PM
I think the dollar will not be able to give a very sharp influence from the price of bitcoin, because the price movement of bitcoin is purely from the very high demand.


Title: Re: The dollar affects Bitcoin?
Post by: Jhonthor on September 01, 2018, 02:48:02 PM
I think that's impossible. because dillar prices are relatively stable compared to bitcoin prices


Title: Re: The dollar affects Bitcoin?
Post by: South Park on September 01, 2018, 03:59:29 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
The dollar can affect bitcoin, however you need to think clearly about this, if the dollar gets stronger then all the currencies compared to the dollar must go down if compared to the dollar, but if bitcoin goes up when the dollar is up and the growth of bitcoin is higher as we have seen on the last decade then that means that bitcoin is getting stronger and gaining value against all other currencies.


Title: Re: The dollar affects Bitcoin?
Post by: thevlox on September 01, 2018, 04:06:56 PM
We know now that almost all transactions are done using dollar. Many advanced countries are used at dollars. dollar is discribed bitcoins price


Title: Re: The dollar affects Bitcoin?
Post by: best ever on September 03, 2018, 05:26:53 PM
Of course, the dollar affects the price of bitcoin. Because bitcoin exchanges are paid in dollars. So if the dollar price increases then the bitcoin price also increases. This is a very good sign. I hope good signal from bitcoin.

Bitcoin is one of the best decisions - if you invest in it and wait for many years, the returns will be really great. However, you can buy Ethereum, NEO, and Cardano as well.


Title: Re: The dollar affects Bitcoin?
Post by: best ever on September 03, 2018, 05:41:33 PM
Of course, the dollar affects the price of bitcoin. Because bitcoin exchanges are paid in dollars. So if the dollar price increases then the bitcoin price also increases. This is a very good sign. I hope good signal from bitcoin.

This is the proof that the cryptocurrency and fiat will be always connected. I see that BTC and the USD depend on each other - the higher the rate of the dollar, the more expensive the Bitcoin is.


Title: Re: The dollar affects Bitcoin?
Post by: tulezua on September 03, 2018, 06:17:32 PM
Assuming Bitcoin's value is unchanged, a bad assumption as it is extremely volatile, if USD and EUR depreciate due to inflation, the price of Bitcoin will increase. Therefore, fiat inflation will increase the price of Bitcoin in the long run.


Title: Re: The dollar affects Bitcoin?
Post by: Betwrong on September 03, 2018, 06:37:59 PM
Given that people who are not from USA buy dollars in order to exchange it for Bitcoin, the rate grows. International use of dollar makes it very influentional on the crypto market.

Why do you think that non-US citizens have to buy US dollars in order to exchange them for Bitcoin? Maybe it was like that in the very beginning but nowadays you can buy BTC with your local currency almost everywhere.

USD doesn't affect BTC in any way imo. The only correlation I can imagine would be rising of Bitcoin in relation to US dollar if USD was losing its purchasing power. But USD is not unique in that regard, it could happen to any other currency too.


Title: Re: The dollar affects Bitcoin?
Post by: westril688 on September 04, 2018, 12:33:00 PM
I think that's impossible. because dillar prices are relatively stable compared to bitcoin prices
Bitcoin can't be affected by other currencies, even though it's US Dollar, due to the rise and fall of bitcoin prices pure by supply and demand. If the US Dollar rises the price of bitcoin also rises, it's just a coincidence. Sometimes bitcoin prices rise, the US Dollar actually decreases. So there is no correlation. Bitcoin independent currency, there is no intervention.


Title: Re: The dollar affects Bitcoin?
Post by: Gadhoh on September 04, 2018, 12:39:49 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It's a coincidence, I don't think there's a connection between the dollar and bitcoin. You would have said that the sanctions have any influence on bitcoin. No, I Think it's a coincidence of parallel growth.
how can the dollar not be able to influence the price of bitcoin, we all know the dollar is a reference to how the fiat currency of a country has a value or not, and indeed they are almost bitcoin users refer to the dollar price so the dollar is very influential on prices.


Title: Re: The dollar affects Bitcoin?
Post by: rainezerr401 on September 04, 2018, 12:51:54 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Bitcoins has a price based on dollars so it will obviously affect the value of any cryptocurrency that has been placed in the market and developers are creating a marketing strategy in order to make their own tokens increase its price.


Title: Re: The dollar affects Bitcoin?
Post by: sinkfish on September 06, 2018, 08:15:02 AM
USD is use to reflect Bitcoin value. how USD move wont affect Bitcoin much. but failing of dollar will make people move their money to bitcoin, thats where bitcoin value increase.


Title: Re: The dollar affects Bitcoin?
Post by: Ridersss on September 06, 2018, 09:41:25 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

there is a possibility that the dollar will affect bitcoin temperature, and vice versa bitcoin affects the dollar. I don't know for sure why this happened, but the government certainly wants to maintain the stability of currency values.


Title: Re: The dollar affects Bitcoin?
Post by: liseff3 on September 06, 2018, 10:28:31 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes, it is true that the dollar price has risen now, but the 'thing' has nothing to do with the rise in BTC, now you can see for yourself the BTC price has dropped again, does the dollar go down too, doesn't come down right?


Title: Re: The dollar affects Bitcoin?
Post by: tepakpak on September 06, 2018, 10:47:50 AM
USD is use to reflect Bitcoin value. how USD move wont affect Bitcoin much. but failing of dollar will make people move their money to bitcoin, thats where bitcoin value increase.
Yes, really friend. I agree with you, if the value of the dollar goes down, of course people who buy bitcoin will increase. Because the value of the dollar plays an active role in the value of bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: ucingucingan on September 06, 2018, 11:09:49 AM
the increase in the dollar exchange rate on money mara some countries is very influential on the price of bitcoin, why is that? because many bitcoin holders from some countries who panic then sell the bitcoin they have with the aim that they will not suffer more losses, of course this makes supply and demand unbalanced and makes bitcoin prices fall


Title: Re: The dollar affects Bitcoin?
Post by: Nick Abimanyu on September 06, 2018, 11:19:47 AM
USD is use to reflect Bitcoin value. how USD move wont affect Bitcoin much. but failing of dollar will make people move their money to bitcoin, thats where bitcoin value increase.

Like other opinions the growth of the dollar has nothing to do with the growth of the value of BTC unless the government of the owner of the dollar legalizes bitcoin in its country.
Like the opinions of others, the growth of the dollar has nothing to do with the growth of the value of BTC unless the government of the owner of the dollar legalizes bitcoin in its country.


Title: Re: The dollar affects Bitcoin?
Post by: Phophobobooo on September 07, 2018, 04:27:29 AM
I don't think the price of dollars will affect bitcoin cause we have seen major changes in the price of bitcoin but only few or little change in the price of USD. Its just as if bitcoin is independent on it own,  which it is in a way.


Title: Re: The dollar affects Bitcoin?
Post by: SunJAB on September 07, 2018, 08:09:20 AM


Yes, it is true that the dollar price has risen now, but the 'thing' has nothing to do with the rise in BTC, now you can see for yourself the BTC price has dropped again, does the dollar go down too, doesn't come down right?
The dollar does not seem to have much impact on the market. Because the difference is low there is nothing to worry about. Bitcoin is a matter of concern. Because it raises or drops very fast. Wanting to increase profits, it is mainly concerned with the bitcoin is important factor.


Title: Re: The dollar affects Bitcoin?
Post by: inding on September 07, 2018, 08:19:35 AM
Have to say that there is a certain impact. The US dollar is currently the most powerful monetary system in the world. Trump is currently really raising the leverage of the dollar, which I think is very dangerous. The world will soon erupt into a global economic crisis.


Title: Re: The dollar affects Bitcoin?
Post by: Evacarter on September 07, 2018, 10:26:37 AM
BTC trades against all major world currencies, and there is a large arbitrage market that keeps prices mostly in line with each other across all currencies. That means if the USD goes down, then BTC prices against the USD go up.


Title: Re: The dollar affects Bitcoin?
Post by: Friskaadew on September 07, 2018, 10:51:41 AM
yes of course because if dollar price is high the purchasing power of people will be going down the people will save their money then buy BTC i think


Title: Re: The dollar affects Bitcoin?
Post by: newbie-hero on September 08, 2018, 07:51:24 PM
I think that's impossible. because dillar prices are relatively stable compared to bitcoin prices
Bitcoin can't be affected by other currencies, even though it's US Dollar, due to the rise and fall of bitcoin prices pure by supply and demand. If the US Dollar rises the price of bitcoin also rises, it's just a coincidence. Sometimes bitcoin prices rise, the US Dollar actually decreases. So there is no correlation. Bitcoin independent currency, there is no intervention.

In a way, fiat and cryptocurrencies are connected. If the dollar falls, the price of Bitcoin can be reduced as well, and vice versa. As I see, it is happening now.


Title: Re: The dollar affects Bitcoin?
Post by: lubah on September 08, 2018, 08:55:35 PM
There is no direct dependence of the cryptocurrency and the dollar, but when you want to withdraw money in Fiat dollars, naturally the price of the dollar affects. You either get less Fiat money or more, depending on your country.


Title: Re: The dollar affects Bitcoin?
Post by: fianaindriati on September 08, 2018, 09:51:59 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

indeed there is a connection between the dollar and bitcoin. because the dollar is enough to influence a bitcoin price to date. so if the dollar price drops and rises then bitcoin will also be affected by all of that.


Title: Re: The dollar affects Bitcoin?
Post by: arrmia11 on September 08, 2018, 10:24:34 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think it's not coincidence because as you can see when the investors or traders wanted to have Bitcoin, they will purchase it using the dollar, so which means if the dollar increases, bitcoin will also increase. For some reason, even they do have similarities in terms of advantages but they still have different features.


Title: Re: The dollar affects Bitcoin?
Post by: blockdragon on September 08, 2018, 10:46:26 PM
I don`t believe in coincidences and if the trend of rising dollar affected btc one or more times than I think they have a correlation and with a simple analysis by looking in their charts during those trends would give us an answer.


Title: Re: The dollar affects Bitcoin?
Post by: voztata on September 10, 2018, 01:30:42 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
That was just a coincidence, it’s not how it works, Bitcoin is not linked to any currency or whatever and it does not rise just because dollar is rising. Bitcoin is on its own and what moves the price is the rate at which we invest in it.

When there is a high demand for it then you will see the price increase and when there is a lesser demand the price will go down. Anyone saying that Bitcoin rises because dollar is doing so is wrong and don’t even know what they are saying 


Title: Re: The dollar affects Bitcoin?
Post by: ronics on September 10, 2018, 02:32:43 PM
Basically I only observe the full fiat and it affects the value of the crypto so that my tracking is accurate because you know that the dollar is also being followed in a bitcoin but this is also the reason why last year was most important to The dollar is low and about the amount of bitcoin goes to the fact that the prices of the two currencies are different.


Title: Re: The dollar affects Bitcoin?
Post by: raventnc on September 10, 2018, 03:32:44 PM
Yes, it do affect the price of bitcoin because based on what I've understand about the price of bitcoin is it depends on the value of dollar. But when it comes on rising of the value of the dollar, I don't think that the price of bitcoin necessarily get high too.


Title: Re: The dollar affects Bitcoin?
Post by: Joshapat on September 10, 2018, 03:54:32 PM
yes of course because if dollar price is high the purchasing power of people will be going down the people will save their money then buy BTC i think

It must be admitted that the main factor that makes bitcoin and market cryptocurrencies a lot of negative news, I believe that the dollar strengthening has no effect in crypto but a negative campaign that makes investors switch is the main factor.


Title: Re: The dollar affects Bitcoin?
Post by: swaggerkeme on September 10, 2018, 04:14:00 PM
The dollar can affect the price of bitcoin. Looking closely at the crypto market the USD usually affect how bitcoin performs depending on the demand and supply of bitcoin. I believe when many people trade their hard earned bitcoin cheaply for the dollar, it  can adversely affect the price of bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: Impulseboy on September 10, 2018, 05:09:33 PM
I wonder the same thing as well. Fiat currency and foreign exchange rates are unpredictable and it makes me wonder if bitcoin prices has anything to do with it. Do you think that because of this, cryptocurrency will never replace fiat?


Title: Re: The dollar affects Bitcoin?
Post by: Nissuncutubi on September 12, 2018, 09:07:42 AM
It comes in the currency they are all calculated and all accurate when the value of bitcoin increases the dollar will slightly fall because many people are buying cryptocurrency and also when the dollar increases meaning it would be bad for bitcoin because people pulled out some money in their wallets.


Title: Re: The dollar affects Bitcoin?
Post by: wozzek23 on September 14, 2018, 07:09:11 AM
I don`t believe in coincidences and if the trend of rising dollar affected btc one or more times than I think they have a correlation and with a simple analysis by looking in their charts during those trends would give us an answer.
Dollar and Bitcoin are two great investment sources but these two are not affected by one another as we know that the major factor which affects price of a source is its demand. Similarly Bitcoin and dollar are mostly affected by demand as its is clear that increase in demand increases the price of it. If number of investors leave Bitcoin for dollar then Bitcoin value will fall and this is just analysis as we know that Bitcoin has value higher than dollar.


Title: Re: The dollar affects Bitcoin?
Post by: doolittle on September 14, 2018, 09:58:48 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think there is no direct connection between the dollar and bitcoin. Perhaps when buying or selling bitcoins for dollars there is some dependence.
But what is happening with the dollar in many countries does not depend on bitcoin. Just like bitcoin has nothing to do with it.


Title: Re: The dollar affects Bitcoin?
Post by: quoctien1997 on September 14, 2018, 10:14:27 AM
The a increment the increment the money will be increase the Bitcoin value to a section. Weight to the Bitcoin will be up to the new pixel value to the user used.


Title: Re: The dollar affects Bitcoin?
Post by: julikyt on January 31, 2019, 12:16:35 PM
I actually observe that thing that fiat affects the crypto's value so my observation was correct because as you see that the dollar goes and also bitcoin but it is also coincidence because last year the value of dollar are low and the value of bitcoin goes up so definitely the prices of two currencies are being different.


Title: Re: The dollar affects Bitcoin?
Post by: romero121 on January 31, 2019, 02:09:37 PM
As of now the value of bitcoin is calculated in terms of USD. This shows that bitcoin has got the direct relation with USD. So if the market for USD declines, automatically bitcoin value will surely fluctuate. This will change when the direct usage of bitcoin will grow beyond certain limits.


Title: Re: The dollar affects Bitcoin?
Post by: St4yInTh3D4rk on January 31, 2019, 03:16:54 PM
As of now the value of bitcoin is calculated in terms of USD. This shows that bitcoin has got the direct relation with USD. So if the market for USD declines, automatically bitcoin value will surely fluctuate. This will change when the direct usage of bitcoin will grow beyond certain limits.
But the value of dollar is not much declining now a days but still the prices of bitcoins were decreasing this is just only happening because of people seeing bitcoin as a trading material and calculate them interms of fiat only.So it means yes the USD affects bitcoin directly as well as indirectly.


Title: Re: The dollar affects Bitcoin?
Post by: Guryon_master on January 31, 2019, 03:46:02 PM
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.


Title: Re: The dollar affects Bitcoin?
Post by: Nensidru on January 31, 2019, 06:18:28 PM
As for me, this is just a coincidence. The price of bitcoin depends on the investments of people, well, or on how much they sell bitcoin. Well, the dollar is the dollar, I do not see the connection.


Title: Re: The dollar affects Bitcoin?
Post by: Sergei80 on January 31, 2019, 07:02:42 PM
As for me, this is just a coincidence. The price of bitcoin depends on the investments of people, well, or on how much they sell bitcoin. Well, the dollar is the dollar, I do not see the connection.
es you are right. But it is worth considering another aspect. If the dollar grows, then you can buy more Bitcoin for it. Conclusion if the dollar is growing, then bitcoin may be falling.


Title: Re: The dollar affects Bitcoin?
Post by: DisturbedRTX on January 31, 2019, 08:54:18 PM
Where did you find the relationship of the dollar and bitcoins? The only connection is the cryptocurrency rate itself. The course is affected only by Bitcoin capitalization.


Title: Re: The dollar affects Bitcoin?
Post by: yohananaomi on January 31, 2019, 09:27:58 PM
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
The direct relationship doesn't seem to be between bitcoin and dollars, because it's obviously different in its use, so I really agree with you, maybe it was just a coincidence at that time. bitcoin is very specific and it can go up or down not because of the dollar, but one of the causes can only be due to the sentiment of information from the media and from investors. bitcoin can soar very high later.


Title: Re: The dollar affects Bitcoin?
Post by: trader34 on January 31, 2019, 09:47:42 PM
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
The direct relationship doesn't seem to be between bitcoin and dollars, because it's obviously different in its use, so I really agree with you, maybe it was just a coincidence at that time. bitcoin is very specific and it can go up or down not because of the dollar, but one of the causes can only be due to the sentiment of information from the media and from investors. bitcoin can soar very high later.

I agree with this idea. I do not think Bitcoin and the dollar are related to each other. Bitcoin is still a nascent currency and a market at the beginning, so high volatility is normal, such as the strong rise in prices and the following collapses.

Probably when the crypto market will be more mature, it will be subject to lower volatility.


Title: Re: The dollar affects Bitcoin?
Post by: shesheboy on January 31, 2019, 11:10:39 PM
Where did you find the relationship of the dollar and bitcoins? The only connection is the cryptocurrency rate itself. The course is affected only by Bitcoin capitalization.

Thats right  . btc is generally measured in usd , thats why they have a relation .  if usd drops , btc also drops because people loose some cash .  

Lets not forget that btc can be also measured in other local currency depending on what wallets you are using but then again  , every local currency are always tied tup to usd because usd is still the general money  .

Usd isnt highly volatile like cryptos  .  it can only decrease or increase a verry small increments  .   its not life  threatening at all when usd drops  .


Title: Re: The dollar affects Bitcoin?
Post by: sijonru on February 08, 2019, 03:14:31 PM
This is just coincidence as bitcoin is decentralized and the dollars future has nothing to do with bitcoin but bitcoin will always affect the situation of dollar every time bitcoin will rise. Since bitcoin is always jumping beyond the dollar's wall.
In my opinion the development of rising or falling dollar prices, especially the USD has an influence on the price of bitcoin but is not significant. Independent bitcoin prices, meaning up or down because of the influence of the bitcoin market itself, which depends on supply and demand.


Title: Re: The dollar affects Bitcoin?
Post by: wendiar19 on February 08, 2019, 05:32:15 PM
some time ago bitcoin and the dollar had no connection at all but at the moment it looks like the usdt has started to be created and the price of usd will always be equalized by the price of bitcoin, and now they are interrelated and not like before before usdt was created.


Title: Re: The dollar affects Bitcoin?
Post by: hxtop on February 08, 2019, 08:40:16 PM
The dollar has an active role in determining the price of many investment instruments and fiat currencies. It would not be wrong to say that there is a linear correlation between the dollar and bitcoin prices.


Title: Re: The dollar affects Bitcoin?
Post by: Kolua20 on February 08, 2019, 08:56:14 PM
Well, if you judge, you can understand that Bitcoin depends on:
1) demand / supply in the market
2) USD prices
So the dollar affects Bitcoin, but I would say that it is an indirect influence.


Title: Re: The dollar affects Bitcoin?
Post by: cryptjh on February 08, 2019, 09:10:46 PM
The more money the central banks print, the higher the value of Bitcoins can be, the FIAT money printing in 2017 was extreme and the Bitcoin price went bullish. As long as people think they can store wealth in Bitcoins the price of bitcoins will continue to be high.


Title: Re: The dollar affects Bitcoin?
Post by: horrifiedx1 on February 09, 2019, 07:52:55 AM
The more money the central banks print, the higher the value of Bitcoins can be, the FIAT money printing in 2017 was extreme and the Bitcoin price went bullish. As long as people think they can store wealth in Bitcoins the price of bitcoins will continue to be high.
maybe it can make a reference that many people save funds in bitcoin in anticipation of inflation due to the increase in fiat money printing. so by investing their funds in bitcoin they will be profitable multiplied, without being affected by inflation. we can see that after 2017 there are many interesting funds from bitcoin, until now


Title: Re: The dollar affects Bitcoin?
Post by: awawo on February 09, 2019, 09:26:33 AM
It call redistributive return once the price of dollar increase it will also reflect on the price of bitcoin because the two currencies work hand in hand. Once the dollar grows we all gain profits with our bitcoin, that is the inflation and deflation of bitcoin and it depends on other currencies on the exchange.


Title: Re: The dollar affects Bitcoin?
Post by: bounceback on February 09, 2019, 07:57:24 PM
It call redistributive return once the price of dollar increase it will also reflect on the price of bitcoin because the two currencies work hand in hand. Once the dollar grows we all gain profits with our bitcoin, that is the inflation and deflation of bitcoin and it depends on other currencies on the exchange.
it only affects the profit for the holder, but does not really affect the important momentum that determines the increase in the price of bitcoin.

especially now that Tether coins have appeared using usd prices. for the future it will not have an impact on the price of bitcoin in determining momentum, usd will only play a role in conversion.


Title: Re: The dollar affects Bitcoin?
Post by: septi.JR on February 10, 2019, 02:58:44 PM
my mind is very different, both currencies are on different paths, USD is real money and also traded, but BTC is a digital currency and BTC is also traded, I have never met, if the dollar price is high, BTC prices are also high, maybe threads You are just a coincidence, when the USD price is high, BTC also has a high price, I take the example when the price of BTC is high in 2018, but at that time the dollar price tends to be stable and the dollar price does not affect the cryptocurrency price


Title: Re: The dollar affects Bitcoin?
Post by: daarul50 on February 10, 2019, 04:21:40 PM
I think this is a coincidence because when viewed from the graph the movement of bitcoin in the market is saturated so there is a small jump that occurs in the price of all crypto. But, we can also consider this as a sign of a trend reversal because we have experienced a long downtrend.


Title: Re: The dollar affects Bitcoin?
Post by: beckspace on February 10, 2019, 11:05:03 PM
The dollar affects all financial markets in the world. In my opinion, it isn't true to say that this would not affects the Bitcoin market. The movements in the dollar affects the investors, thus have an indirect effects on Bitcoin investments.


Title: Re: The dollar affects Bitcoin?
Post by: Botnake on February 11, 2019, 01:27:51 AM
The dollar affects all financial markets in the world. In my opinion, it isn't true to say that this would not affects the Bitcoin market. The movements in the dollar affects the investors, thus have an indirect effects on Bitcoin investments.
Well no question it could since dollar is one of the most powerful currency in the world.
Bitcoin and crypto is just a small currency compared to dollar, it's adoption is all over the world while we haven't get a decent number of adoption
yet, those who have BTC also has dollar and not all dollar earners are BTC investors, let's just put it that way.


Title: Re: The dollar affects Bitcoin?
Post by: Menawi12 on February 11, 2019, 01:28:54 AM
my mind is very different, both currencies are on different paths, USD is real money and also traded, but BTC is a digital currency and BTC is also traded, I have never met, if the dollar price is high, BTC prices are also high, maybe threads You are just a coincidence, when the USD price is high, BTC also has a high price, I take the example when the price of BTC is high in 2018, but at that time the dollar price tends to be stable and the dollar price does not affect the cryptocurrency price

I am agree, US Dollar traded in by every banks in the world and i dont see the direct relation with bitcoin market. Bitcoin price increasing perhaps because many positive sentiment in market and could be a sign of recovery


Title: Re: The dollar affects Bitcoin?
Post by: dongyi17 on February 11, 2019, 03:54:23 AM
Is it true?!.. It's like domino effect, when one is up then the other goes up too!~..well.. I guess t really has an effect because they're both currency, if the dollar is for the world market bitcoin then is for crypto market, both has similarity and differences but both affect each currency, and the profit of each investor.


Title: Re: The dollar affects Bitcoin?
Post by: TelolettOm on February 11, 2019, 05:21:06 AM
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well


Title: Re: The dollar affects Bitcoin?
Post by: whirlcoin on February 11, 2019, 11:34:23 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
will Bitcoin will not affect the price of USD kill the people using both them equally because when the peoples are came to the use of bitcoin the value will definitely effect and that country currency so it can be here changeable one.


Title: Re: The dollar affects Bitcoin?
Post by: Sadlife on February 11, 2019, 11:58:48 AM
The price depends on supply and demand on the people who is willing to buy a lot of it and that cause for the price to dramatically increase. Of course if the price goes up those people who bought at a cheaper price will sell their bitcoin or altcoins for cash like usd or any other fiat. So its really not surprising if the btc and usd goes higher.


Title: Re: The dollar affects Bitcoin?
Post by: $anounimus$ on February 11, 2019, 12:24:37 PM
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.


Title: Re: The dollar affects Bitcoin?
Post by: 0t3p0t on February 11, 2019, 12:54:39 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think this is just a coinsidence because  they have different technology usage. We all know that they are the same in terms of purpose like payment system but Bitcoin is only affected by  technical issues such as security breach, FUD and manipulation not by fiat money. I think fiat money is the one that can be affected by Bitcoin as some investors prefer to invest in Bitcoin rather than having funds in banks.


Title: Re: The dollar affects Bitcoin?
Post by: sfr2017 on February 11, 2019, 01:22:37 PM
Major international currencies are quoted to the US dollar, thus making them quite dependable not only cryptocurrency and the  United State Dollar has been the global reserve currency for decades now, so for as long as it is showing strength and bitcoin is perceived to be in a bear market.


Title: Re: The dollar affects Bitcoin?
Post by: amonymous on February 11, 2019, 02:16:55 PM
With the price rise USD dollars will nothing affects to increasing bitcoin price i think so.Because USD and Bitcoin two different think.USD will needed when we convert BTC to USD.Bitcoin will take some things with the price rise.Investing will increase,trading will grow,New people will be interested in it,the government of different countries will accept it.Then it will be seen that its value will increase definitely.


Title: Re: The dollar affects Bitcoin?
Post by: Nhor1011 on February 11, 2019, 03:31:18 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
Dollar doesn't affect in bitcoin because this two are different asset with different value. Dollar is just an international convertion rate for bitcoin and other cryptocurrencies. For my own knowledge....If the dollar increase it won't give assurance that the value of bitcoin also increase. They are different.


Title: Re: The dollar affects Bitcoin?
Post by: Alexlax on February 11, 2019, 09:19:18 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
Dollar doesn't affect in bitcoin because this two are different asset with different value. Dollar is just an international convertion rate for bitcoin and other cryptocurrencies. For my own knowledge....If the dollar increase it won't give assurance that the value of bitcoin also increase. They are different.
Just the same dollar has an impact on Bitcoin, albeit indirect. If the dollar grows, you will get more in bitcoins. Well, in general, these are different "assets", I do not see a direct connection between them.


Title: Re: The dollar affects Bitcoin?
Post by: fullhdpixel on February 12, 2019, 08:47:11 PM
I believe in some ways it does, but I can’t really explain how this can happen. Everyone finds it difficult to explain what really triggers the price of Bitcoin to go either up or down, but the popular explanation they use is that the supply of Bitcoin and the market demand for it is what makes the price to go either up or down. Yes that is true, but there is still more to what makes the price to be that way.


Title: Re: The dollar affects Bitcoin?
Post by: PlusOne88 on February 14, 2019, 08:14:47 AM
The possible connection of dollar to bitcoin is the number of users that buys the cryptocurrency using it. The more users using dollar to buy and trade bitcoin, the more effect it may have to its value. To make the analysis simple, consider only the US as the main user of bitcoin. When the dollar value goes up against bitcoin the next possible effect would be that the more users will buy the bitcoin because it is lower in price and they could buy more than what they could have bought previously. When sales goes up, the demands surely goes up as well and eventually will make the price of bitcoin go high.


Title: Re: The dollar affects Bitcoin?
Post by: shoreno on February 14, 2019, 08:38:36 AM
Due to the fact that both are rising I dont think there is a coincident. If one currency depends on the other typically one falls if the other rises. You can see this looking at altcoins at the moment. Most of them bleed due to bitcoins price explosion.

Only 1 out of 100 types of coins will increase with today's decline in Bitcoin prices. I see there are no types of coins that experience good benefits with the current decline in Bitcoin prices.

Your right  and i also notice it that when bitcoin decline ,  many other crypto follows but there will always be few coins that will increase .

 idk also know why it is possible when we all know that other crypto is connected to the price of btc .

They maybe being manipulated by whales or they are just only built for pump and dump use  and their devs are responsible for thier explosion  .


Title: Re: The dollar affects Bitcoin?
Post by: BennyK on February 14, 2019, 09:58:35 AM
Take it this way, the final conversion of most cryptocurrency is to fiat, thus when users withdraw their profits and spend them. If the dollar increases, it means converting Bitcoin to dollar will also give a higher value. 


Title: Re: The dollar affects Bitcoin?
Post by: Dudeperfect on February 14, 2019, 10:14:17 AM
As far as value is concerned, it depends on the law of demand and supply, irrespective of other scenario taking place in the market. When the price of Dollar fluctuates in the forex market, it triggers the fluctuation in demand and hence the price reflects in the overall crypto industry. However, crypto is a different market altogether and not every time external incidents affect it hence we can safely say that it is an indirect correlation between these two currencies.


Title: Re: The dollar affects Bitcoin?
Post by: munareal on February 14, 2019, 10:44:36 AM
The dollar and Bitcoin are interrelated in a way. Investors invest their funds to make a profit . If for any reason funds are moved form fiar to cryptocurrency marketplace. This will affect the dollar likewise if Bitcoin is moved to the fiat currency because of hype. That will also affect the market situation of bitcoin. This will not be the case when there is a full adaptation of bitcoin and cryptocurrency but for now, the two affect each other.


Title: Re: The dollar affects Bitcoin?
Post by: normanderecho on February 14, 2019, 11:21:13 AM
Its just a coincidence mate, because they are different in functions. All I know in bitcoin is no longer central authority due to its decentralized unlike other currencies, particularly in USD which are backed by the government.


Title: Re: The dollar affects Bitcoin?
Post by: avarnet on February 14, 2019, 12:26:31 PM
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.
it is true that bitcoin and dollars are very different but from the dollar we can get bitcoin, so the influence of the dollar must be there but not too big if I think


Title: Re: The dollar affects Bitcoin?
Post by: ginobitcoiner on February 14, 2019, 12:48:47 PM
I don't think so, because USD is not the only type of FIAT currency that can be exchanged for bitcoin, therefore I think this doesn't have much effect on bitcoin when the USD value increases.


Title: Re: The dollar affects Bitcoin?
Post by: akram143 on February 14, 2019, 02:45:43 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
if the price of Bitcoin was being continuously increasing or decreasing still not definitely affects the price of anything but when the people in the country preferred cryptocurrency is more than their country currency it will definitely affects the usage of normal paper money at that time the economic development will be definitely going to downfall.


Title: Re: The dollar affects Bitcoin?
Post by: Dimas99 on February 14, 2019, 03:36:05 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
price changes and price fluctuations due to trade movements using crypto and fiat currencies do not affect the bad price and crypto currencies will experience a fairly good development going forward.


Title: Re: The dollar affects Bitcoin?
Post by: yunzau on February 14, 2019, 04:37:18 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it affects bitcoin because the dollar is still a reference to how high the value is if it is exchanged into fiat currency.


Title: Re: The dollar affects Bitcoin?
Post by: andrei56 on February 14, 2019, 11:15:19 PM
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.
It is obvious the dollar has an effect on bitcoin, after all a popular currency to exchange bitcoin for fiat is the dollar but I see them as adversaries, if the dollar is doing well then the are is not a reason to use bitcoin for most people since they can use the dollar for whatever they want but if the dollar is in some trouble then there is a chance for the price of bitcoin to go up since people will be looking for alternatives.


Title: Re: The dollar affects Bitcoin?
Post by: jakagintiri on February 14, 2019, 11:46:07 PM
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.
It is obvious the dollar has an effect on bitcoin, after all a popular currency to exchange bitcoin for fiat is the dollar but I see them as adversaries, if the dollar is doing well then the are is not a reason to use bitcoin for most people since they can use the dollar for whatever they want but if the dollar is in some trouble then there is a chance for the price of bitcoin to go up since people will be looking for alternatives.

It is clear that bitcoin has a close relationship with the dollar, so the dollar can be said to affect the price of bitcoin. Cryptocurrency and fiat are basically fluctuating when on the market, but the level of cryptocurrency fluctuations is certainly higher than fiat. The dollar is the main standard for exchanging cryptocurrency. Therefore, if the dollar has a problem it will certainly have a good effect on the price of bitcoin.


Title: Re: The dollar affects Bitcoin?
Post by: jcarlo on February 15, 2019, 12:49:48 AM
The dollar still affects the price of bitcoin. because basically the current value of bitcoin is also based on the dollar and if there is a negative sentiment towards the bitcoin dollar it will get a decline as well
currencies such as dollars should not be able to influence the movement of bitcoin prices because the dollar with bitcoin has a very clear difference, and what can influence the price of bitcoin is only the influence of the interaction between buyers and sellers in the exchange.
It is obvious the dollar has an effect on bitcoin, after all a popular currency to exchange bitcoin for fiat is the dollar but I see them as adversaries, if the dollar is doing well then the are is not a reason to use bitcoin for most people since they can use the dollar for whatever they want but if the dollar is in some trouble then there is a chance for the price of bitcoin to go up since people will be looking for alternatives.

Direct relation, i dont think dollar give effect to bitcoin price. When The Fed rising interest rate, bitcoin price not affected. Crypto market affected on fundamental or psychology market. I think its about network security and regulation. Both factor give big effect to crypto price


Title: Re: The dollar affects Bitcoin?
Post by: Botnake on February 15, 2019, 01:03:18 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
price changes and price fluctuations due to trade movements using crypto and fiat currencies do not affect the bad price and crypto currencies will experience a fairly good development going forward.
It could affect but there is not permanent effect, it changes from time to time so that depends on the type of changes whether it's a positive
or negative one. Crypto is more volatile that's why day traders are loving it, and also those who wants to hold can position themselves this early.

The future is good for crypto, at least that's what we believe and we will also have our faith on it.


Title: Re: The dollar affects Bitcoin?
Post by: XFlowZion on February 15, 2019, 01:10:57 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?


It's very easy to understand that it's just a coincidence. The price of bitcoin is controlled by demand while the dollar's value is based on the  inflation and economic growth. Even US does have a lot of money, it's not enough and main adoption is still what we need.


Title: Re: The dollar affects Bitcoin?
Post by: karloscimot on February 15, 2019, 01:19:51 AM
Due to the fact that both are rising I dont think there is a coincident. If one currency depends on the other typically one falls if the other rises. You can see this looking at altcoins at the moment. Most of them bleed due to bitcoins price explosion.
The value of a Bitcoin currency is not affected by any currency. which can affect the price of bitcoin is the market player, if market demand rises then the price will automatically rise, but conversely if the market demand decreases, the price will also decrease. so the price of bitcoin is not the same as the currency of a country that can be influenced by the country's policy.


Title: Re: The dollar affects Bitcoin?
Post by: mbluxs on February 15, 2019, 11:54:19 AM
Very influential. because the dollar at the moment is a lot of bitcoin exchanges and of course if the dollar experiences the problem of bitcoin itself will also get an effect. many economic sectors that will be affected are not just bitcoin


Title: Re: The dollar affects Bitcoin?
Post by: Douglasyukanov on February 15, 2019, 01:07:55 PM
world transactions experienced a surge so that the international dollar currency experienced an increase in prices for all world economy trade covering the digital sector,
Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.


Title: Re: The dollar affects Bitcoin?
Post by: horrifiedx1 on February 15, 2019, 01:39:29 PM
Very influential. because the dollar at the moment is a lot of bitcoin exchanges and of course if the dollar experiences the problem of bitcoin itself will also get an effect. many economic sectors that will be affected are not just bitcoin
at least the correlation between the two is related. we know that between dollars and bitcoin is a pioneer currency, so both have their respective roles, when the dollar goes down, it will certainly affect the economy of the whole world, so that the downturn in the crypto market will occur


Title: Re: The dollar affects Bitcoin?
Post by: Ozero on February 15, 2019, 07:20:18 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
No, there is no direct relationship between the price of bitcoin and the dollar. They do not depend on the price of each other. Indirectly, it matters, because everything in this world should have a price ratio with each other. Therefore, if bitcoin grows in price, then more dollars are needed to buy it, and therefore it seems to be falling compared to bitcoin. However, this is at first glance, because the value of Bitcoin is simply taken into account.


Title: Re: The dollar affects Bitcoin?
Post by: Bezobraznike on February 15, 2019, 07:47:15 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
No, there is no direct relationship between the price of bitcoin and the dollar. They do not depend on the price of each other. Indirectly, it matters, because everything in this world should have a price ratio with each other. Therefore, if bitcoin grows in price, then more dollars are needed to buy it, and therefore it seems to be falling compared to bitcoin. However, this is at first glance, because the value of Bitcoin is simply taken into account.

    There isn`t direct link between currencies, any kind, but one currency can affect others.
This is one site where you can see some correlation between currencies:
-https://www.mataf.net/en/forex/tools/correlation (https://www.mataf.net/en/forex/tools/correlation)
   Ozero you have a point. Correlation between crypto-currencies and fiat-currencies exist,
and it`s very complex. Eventually crypto-currencies will overtake fiat-currencies, it`s my
vision of future.


Title: Re: The dollar affects Bitcoin?
Post by: Thanasis on February 15, 2019, 09:00:54 PM
world transactions experienced a surge so that the international dollar currency experienced an increase in prices for all world economy trade covering the digital sector,
Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.
Dollar is not an international currency,but it have high affect on the orice of bitcoins because normally the price of bitcoin denoted in the dollar.But bitcoin is actually created to overcome centralised currency like dollar so training it against USD will keep the botcoin as volatile coin.


Title: Re: The dollar affects Bitcoin?
Post by: Glorious04 on February 15, 2019, 09:36:29 PM
Dollar value has risen and fallen already in the year 2018 but the value of bitcoin continued to decline, so it is just a simple and clear indication that the 2, bitcoin and dollar has nothing to do with each other aside from they are converted one to another based on the decided price for each of them.


Title: Re: The dollar affects Bitcoin?
Post by: satriagedhe on February 15, 2019, 11:24:56 PM
nope i guess , bitcoin and dollar are on different aspect like bitcoin and gold , so it wont affect each other IMO


Title: Re: The dollar affects Bitcoin?
Post by: randyg29 on February 16, 2019, 05:33:35 AM
I think it cannot affect the value of Bitcoin even it falls down because as I noticed in past year of 2017 even the value of dollar doesn't increase the value of Bitcoin totally in the highest value in the history of the market. And I think it is just a coincidence that they both increase their value in the same time.


Title: Re: The dollar affects Bitcoin?
Post by: jcarlo on February 16, 2019, 07:48:39 AM
world transactions experienced a surge so that the international dollar currency experienced an increase in prices for all world economy trade covering the digital sector,
Bitcoin can experience price increases following the dollar with the level of influence on investors who buy and sell for the dollar against other Bitcoin and crypto.
Dollar is not an international currency,but it have high affect on the orice of bitcoins because normally the price of bitcoin denoted in the dollar.But bitcoin is actually created to overcome centralised currency like dollar so training it against USD will keep the botcoin as volatile coin.

US Dollar is international standart because most commodity price always in US Dollar. Most country in the world using US Dollar as reserve and thats make The Fed able to print money as they want. Bitcoin dont have direct relation with US Dollar because every economic data from US Government not give big effect to bitcoin price. Its true bitcoin price always fluctuating, maybe its because not regulated yet by most government in the world


Title: Re: The dollar affects Bitcoin?
Post by: Tramle091296 on February 16, 2019, 02:31:17 PM
Its only a coincidence bitcoin and USD has different use and we cant compare to both of them. USD is a cash that uses for our daily needs, expenses. And bitcoin is a digital currency its like the use the first one but it uses internet and more accesible to everyone. It wont affect each other because all of the people uses them in differents a lot of ways. And if bitcoin affects the dollars then the price of it will fall also but as we can see the dollar stay on its price.


Title: Re: The dollar affects Bitcoin?
Post by: A L I E N on February 16, 2019, 03:27:47 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it affects bitcoin because the dollar is still a reference to how high the value is if it is exchanged into fiat currency.

I guess the fall of USD can affect the price of Bitcoin and the altcoins. They can become cheaper. naturally, these are very few chances to see these events very soon, as many people still trust the dollar.


Title: Re: The dollar affects Bitcoin?
Post by: sirminesalot on March 06, 2019, 08:25:59 PM
All currencies or digital money affect each other. If the dollar falls, the bitcoin will also be affected because the investor uses dollars to buy bitcoin, which in turn causes the bitcoin price to fall affect
the price and value of the dollar can influence the bitcon currency and crypto currency can not influence the value and price of fiat or dollar currency therefore we as investors must have confidence in investing


Title: Re: The dollar affects Bitcoin?
Post by: PuertoLibre on March 06, 2019, 08:50:08 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

Yes it affects bitcoin because the dollar is still a reference to how high the value is if it is exchanged into fiat currency.

I guess the fall of USD can affect the price of Bitcoin and the altcoins. They can become cheaper. naturally, these are very few chances to see these events very soon, as many people still trust the dollar.
The cheap USD boosts the buying power of customers and this indirectly affects to price of cryptocurrencies. Honestly, there are no alternative options for the crypto community except buying the cryptos with fiat money in my opinion. 


Title: Re: The dollar affects Bitcoin?
Post by: mersal on March 06, 2019, 09:33:12 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
definitely it will be a coincidence and there is no other connection between the dollar increases and decreases of Bitcoin so my open anus there is something changes will happen is not related to Bitcoin and it will need to be cleared before taking any decision.


Title: Re: The dollar affects Bitcoin?
Post by: Robotbitcoin22 on March 07, 2019, 05:36:42 AM
Of course very influential price of cryptocurrency to the dollar. where the dollar has a big influence on the price of bitcoin because price changes that occur in each currency also occur


Title: Re: The dollar affects Bitcoin?
Post by: kakonhat on March 07, 2019, 06:16:45 AM
Bitcoin and dollar are the difference, just like Gold and Dollar, Silver and Dollar and so. When Bitcoin price rise then Dollar value will go down against Bitcoin. So, it's clear Bitcoin and Dollar can't be similar.


Title: Re: The dollar affects Bitcoin?
Post by: Irvinn on March 07, 2019, 06:17:01 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
No, I do not think that the dollar exchange rate directly affects the price of Bitcoin. If dependence is, then most likely, minimal and purely external. The dollar can only display the price of Bitcoin in a regular currency, but does not directly affect the price of cryptocurrency. Dollar exchange rate falls, because of this, cryptocurrency does not increase in price. Simply because of the different price values, the amount of cryptocurrency that can be bought also varies.


Title: Re: The dollar affects Bitcoin?
Post by: juperos on March 09, 2019, 11:17:17 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
You are right, USD and bitcoin are related. According to sources I read, Since the launch of Bitcoin, the US CPI has increased from 211 to 252, corresponding to an inflation rate of approximately 20%. Therefore, USD inflation will make Bitcoin price compare to USD by 2-3% per year.
In my opinion, the final conversion of cryptocurrency is fiat. If the USD increases, when converting from Bitcoin to USD, the value is also higher.


Title: Re: The dollar affects Bitcoin?
Post by: andika2018 on March 10, 2019, 02:44:31 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
You are right, USD and bitcoin are related. According to sources I read, Since the launch of Bitcoin, the US CPI has increased from 211 to 252, corresponding to an inflation rate of approximately 20%. Therefore, USD inflation will make Bitcoin price compare to USD by 2-3% per year.
In my opinion, the final conversion of cryptocurrency is fiat. If the USD increases, when converting from Bitcoin to USD, the value is also higher.

Its related on inflation. Inflation happen because central banks always flooding market with paper money. Bitcoin have limited supply and i think the price of bitcoin will increase so i think its not direct relation because many country consider bitcoin traded as commodity


Title: Re: The dollar affects Bitcoin?
Post by: Wellyan on March 10, 2019, 07:02:01 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
in my opinion the connection exists but not entirely if the dollar rises crypto currency will also rise may occur but the rise and fall of crypto currencies has no effect with the dollar


Title: Re: The dollar affects Bitcoin?
Post by: polar.bear824 on March 10, 2019, 08:26:29 AM
The correlation between the dollar and bitcoin is minimal. These are two different worlds. Two different principles built on different systems. I do not think that there is a strong dependence between them, rather the opposite


Title: Re: The dollar affects Bitcoin?
Post by: darefreads on March 10, 2019, 10:52:01 AM
As far as I know in the last biggest increase of Bitcoin's value it doesn't affect the price of Dollar that's why it still stay it's value in it's lowest price. And I think dollar can only affects those currencies that are not connected to Cryptocurrency like those government's currency that has a regular value in any country.


Title: Re: The dollar affects Bitcoin?
Post by: poldanmig on March 10, 2019, 02:27:49 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
the dollar can have a good effect on crypto currencies and in my opinion the dollar increase can affect the price of bitcoin but the increase in the price of bitcoin has no effect on the real currency


Title: Re: The dollar affects Bitcoin?
Post by: rika0223 on March 10, 2019, 11:06:14 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
dollar that has been recognized worldwide and in my opinion if the dollar rises it can also crypto currency will increase but if crypto decreases the dollar will not affect


Title: Re: The dollar affects Bitcoin?
Post by: kennen1113 on March 11, 2019, 01:26:05 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
dollar that has been recognized worldwide and in my opinion if the dollar rises it can also crypto currency will increase but if crypto decreases the dollar will not affect
I think everything is just a coincidence, dollars don't affect bitcoin because the value of the dollar depends on America's strategy and economy, while the price of bitcoin depends on the needs of the investor, the value of dollars increases or decreases, it only affects daily life, it cannot affect the price of bitcoin, don't let this coincidence make us think too much, sometimes these thoughts will make us panic and have the wrong analysis


Title: Re: The dollar affects Bitcoin?
Post by: icecube45 on March 11, 2019, 04:09:45 PM
I think that's just a coincidence, the dollar has no affects on bitcoin. Isn't bitcoin created in a decentralized manner which means it is free from the influence of any party including the central bank or certain currencies? So I don't think the price of bitcoin is rising because the price of the dollar has also risen, that's wrong in my opinion. Bitcoin prices are influenced by the behavior of traders. If the trader sells all the bitcoins, the price will move down (because supply / supply is now increasing). Likewise, if traders suddenly want to buy lots of bitcoins, they have contributed to the bitcoin demand, so prices will move up. So if the price of bitcoin rises or falls, it has no affects on the price of the dollar.


Title: Re: The dollar affects Bitcoin?
Post by: idham29 on March 12, 2019, 03:20:12 AM
As far as I know in the last biggest increase of Bitcoin's value it doesn't affect the price of Dollar that's why it still stay it's value in it's lowest price. And I think dollar can only affects those currencies that are not connected to Cryptocurrency like those government's currency that has a regular value in any country.
In my opinion, USD has nothing to do with bitcoin, because the price of bitcoin is affected by business transactions in the bitcoin market where demand and supply create prices.
While the USD is only a benchmark of the price of bitcoin, because the standardization of the USD applies throughout the world, and all countries recognize the USD currency.


Title: Re: The dollar affects Bitcoin?
Post by: Script on March 31, 2019, 09:54:30 PM
In the global economy, many things are interconnected. But this dependence is not always direct and obvious. In fact, fiat currency and cryptocurrency should not affect each other, as they are completely in different planes. However, the rise or fall of $ may, although not significantly, influence the course of Bitcoin, but it seems to me that inverse dependence is not possible.


Title: Re: The dollar affects Bitcoin?
Post by: Snaic on April 06, 2019, 02:38:43 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
The price of the dollar can not affect the price of cryptocurrency. However, since the cryptocurrency has an estimate in various currencies of states, including an assessment of its value in dollars, the dollar depreciation automatically seems to increase the price of cryptocurrency when it is converted into dollars. At the same time, the price of cryptocurrency in terms of other types of ordinary currencies will remain the same. This proves that the price of a dollar or other ordinary currency does not affect the price of a cryptocurrency.


Title: Re: The dollar affects Bitcoin?
Post by: Adriano2010 on April 06, 2019, 03:12:38 PM
The dollar price not affect bitcoin price, but people also need the price for bitcoin to be on USD or in another cash money, because when people cashout need money, this is the way, and also when they buy again need USD or another currency to buy bitcoin, but the price is affected by demand and supply.


Title: Re: The dollar affects Bitcoin?
Post by: playboy654 on April 06, 2019, 06:34:26 PM
Firstly Bitcoin will not been supported by anything it is depends on nothing only with the investor support so the other currencies like USD and the country currencies will not affected by the development of Bitcoin but the problem is people had the option to choose which will be best then only the problem is happening for the USD to develop.


Title: Re: The dollar affects Bitcoin?
Post by: Hanisiti on April 06, 2019, 06:39:31 PM
Menurut saya tentu saja mempengaruhi karena dolar dan bitcoin saling melibatkan,semakin menurun nya dolar semakin naik harga bitcoin,sebaliknya dolar naik sementara harga bitcoin akan turun


Title: Re: The dollar affects Bitcoin?
Post by: bce on April 06, 2019, 10:35:38 PM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

indeed the increase in the dollar certainly influences the development of the next bitcoin. because bitcoin is a digital currency that is fixed on the exchange of dollars. so it's only natural that the dollar grows, crypto will also grow


Title: Re: The dollar affects Bitcoin?
Post by: loopes on April 07, 2019, 08:25:21 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
That's the factors that cause bitcoin price rise, while usd price rise then people purshasing power increase then they can have more spare money to invest. But it is not the main factors, I think the biggest factor is rising demand for bitcoin by chinese and japanese, those people looking for safe havens.


Title: Re: The dollar affects Bitcoin?
Post by: Godday on April 07, 2019, 02:35:53 PM
The dollar price not affect bitcoin price, but people also need the price for bitcoin to be on USD or in another cash money, because when people cashout need money, this is the way, and also when they buy again need USD or another currency to buy bitcoin, but the price is affected by demand and supply.
for me the dollar affects the price of bitcoin too. because the price of bitcoin is definitely exchanged into dollars. so if the dollar is low. then bitcoin will also be of low value. so all of that certainly has enough influence on the development of crypto going forward.


Title: Re: The dollar affects Bitcoin?
Post by: Ucy on April 07, 2019, 05:13:19 PM
What do you mean by dollar is rising? or you mean it was inflating and  decreasing in value? Well, I remember this happened back then, around the time you wrote this.
Of course, some blamed it on Bitcoin. Bitcoin/cryptocurrency was probably the cause but it was an isolated case. The price of Bitcoin moved up too quickly which was probably from lots of people/wealthy few selling dollars for Bitcoin.
By the way, Bitcoin had been moving up and down in the past years without having major effects on fiat currencies.


Title: Re: The dollar affects Bitcoin?
Post by: jabrix on July 06, 2019, 02:30:39 AM
In the global economy, many things are interconnected. But this dependence is not always direct and obvious. In fact, fiat currency and cryptocurrency should not affect each other, as they are completely in different planes. However, the rise or fall of $ may, although not significantly, influence the course of Bitcoin, but it seems to me that inverse dependence is not possible.
In my opinion, the price of USD does not affect the price of Bitcoin, because the segmentation is different and the level of need is different. But American government policies on digital currencies including Bitcoin will definitely affect prices.
From this it can be concluded that there are more government policy factors that can influence the movement of Bitcoin prices compared to the rise or fall of the USD price.


Title: Re: The dollar affects Bitcoin?
Post by: reality18 on July 06, 2019, 02:43:07 AM
Although the pairing of Bitcoin to the dollar especially during withdrawals may affect the profit or loss margins, the rise in Bitcoin is not largely due to the rise in value of the dollar. This is quite clear by comparing the rate at which these two currencies are making their market surges - Bitcoin rises at a faster pace whereas the dollar is at a slower pace. If the dollar were to be affecting the Bitcoin, at least the pace of price movement should have been moving at a certain rate together.


Title: Re: The dollar affects Bitcoin?
Post by: Getmon on July 06, 2019, 03:08:48 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

No effect. For me, it was purely coincidence. There is no reason why the dollar will cause a pump in Bitcoin. There is no correlation between a bullish dollar and a bullish Bitcoin. Well, if there is any, it will be very minimal, which means insignificant. However, on the contrary, it is possible that a very bullish Bitcoin will cause the decrease of dollar value.


Title: Re: The dollar affects Bitcoin?
Post by: Leyss on July 06, 2019, 06:00:11 AM
I think there is no direct correlation between the price of the dollar and bitcoin. However, in a single financial system, it cannot be that financial assets do not fully influence each other. Minimum impact between the price of the dollar and bitcoin should still be. Let economists deal with specific calculations on this matter.


Title: Re: The dollar affects Bitcoin?
Post by: jonaire99 on July 06, 2019, 06:06:17 AM
The bitcoin is not tied to dollar or any kind of fiats so it will not affect the top coin on whatever issue. The leading cryptocurrency is not use by any government or central bank nor is part of a national economy where currency will be affected if something happen in a country. A decentralized cryptocurrency will only affected by its own supply and demand and events that related to cryptocurrencies.


Title: Re: The dollar affects Bitcoin?
Post by: Caladonian on July 06, 2019, 06:14:43 AM
The bitcoin is not tied to dollar or any kind of fiats so it will not affect the top coin on whatever issue. The leading cryptocurrency is not use by any government or central bank nor is part of a national economy where currency will be affected if something happen in a country. A decentralized cryptocurrency will only affected by its own supply and demand and events that related to cryptocurrencies.
This cryptocurrency is moving on its own, it's not being affected by any fiats or any government currency since it's moving inside its own market
and the industry is not relying to anything, even dollar will not affect it will continue to rely with it's own market, like what you've mentioned it will
be influence by its own supply and demands.


Title: Re: The dollar affects Bitcoin?
Post by: abeecrypto on July 06, 2019, 10:56:01 AM
I do not think there is any correlation between the movement of Dollars to that of Bitcoin. Even if there is any, it will be little. And I will call it coincidence.  Value is basically influenced by the forces of market demand and supply. The sphere in which bitcoin and dollars operate are different. And so is the demand and supply.


Title: Re: The dollar affects Bitcoin?
Post by: FlightyPouch on July 06, 2019, 11:53:03 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

indeed the increase in the dollar certainly influences the development of the next bitcoin. because bitcoin is a digital currency that is fixed on the exchange of dollars. so it's only natural that the dollar grows, crypto will also grow

That is right but when the dollars grows, it doesn't mean that bitcoin will grow too. That still depends on the demand of the market. The investors will tell how the price will go, with their every movements in the market, that can really affect the price. That is how volatile bitcoin is, we should really be cautious and aware of that especially to new investors.


Title: Re: The dollar affects Bitcoin?
Post by: Apes on July 06, 2019, 02:20:06 PM
in my opinion there might be a correlation. because most BTC markets exchange pairing BTC with USD, when the USD or BTC price grows the investors interest to invest in BTC because if it is converted to the local currency the value will gain more. but this only affects countries that do not use USD for daily use. IMO


Title: Re: The dollar affects Bitcoin?
Post by: arbifahrozy on July 06, 2019, 04:28:51 PM
in my opinion, the dollar effect can improve, but crypto affects the users themselves. such as state regulation will greatly affect crypto prices and also the issue of the market being hacked also includes affecting crypto.



Title: Re: The dollar affects Bitcoin?
Post by: Boh manok on July 06, 2019, 04:50:08 PM
In my opinion, there is no influence of bitcoin with dollars because bitcoin stands alone and moves on its own with no effect on others, maybe just coincidence both of them go together up but actually. There is no connection between them


Title: Re: The dollar affects Bitcoin?
Post by: Vaskiy on July 06, 2019, 05:15:33 PM
in my opinion there might be a correlation. because most BTC markets exchange pairing BTC with USD, when the USD or BTC price grows the investors interest to invest in BTC because if it is converted to the local currency the value will gain more. but this only affects countries that do not use USD for daily use. IMO
Agreed, bitcoin is comprised of Satoshi. Each Satoshi has got value in terms of dollar. Though we have got more direct usage of bitcoin the value of the product is calculated in terms of USD and the respective value is mentioned in terms of bitcoin.

This way I find direct dependence of bitcoin over dollar, when the value of dollar gets disturbed the value of bitcoin too falls which were experienced in the reciprocal manner where the dollar is secondary.