Bitcoin Forum

Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?

Interesting analysis. You see, when people speak of coins relative to other coins they forget that most of the fiat in the world at this moment is producing shitty interests while inflation is strong. Everything is weak compared to reality.

Yes it does, it has ever been growing since last year and in our country our own fiat is getting down vs dollar and it is making a goods, expensive.

Same here in our country the US dollar currency has gone strong and the inflation rate here is high. Usually the US dollar currency has stabilized and play its conversion from the last few years but if it will compared to present value definitely there is a clear huge gap. However, I do not think that it could affect the value of crypto unless if crypto is being sold to fiat money.

I just wonder if I will buy crypto now and buy out dollars then convert to out fiat. I think it is profitable?

A strong dollar will impact positively on cryptocurrencies. It is the most outstanding fiat the all exchanges have to exchange against cryptos. Therefore it will inspire confidence in the market.

I think if the dollar rises, of course it will have a negative impact on the economy in some countries.
For those who understand the crypto world, of course that will have a positive impact.
For those who do not understand the world of crypto will be a problem, because all their needs will increase due to rising dollars.

yes you are very right, if the dollar goes up it will have a negative impact on countries involved in economic problems. but as you say, it will have a positive impact on those who know about crypto. this is where investors seek additional to fulfill their lives. they are very smart if they use crypto as a side job to get additional benefits. surely the need will be fulfilled.

I have the song believe that this evolution of the american dollar will be reflected in the crypto market, as i am expecting at the end of the year the movement in the market will be massive and the value of the cryptocurrency with be sky rocket high.

Dollor index is increasing from last few months but this month NFP shows increase in unemployment and that will effect on USD.

Unfortunately I could not understand your idea it seemed to me like just a simple speculation which the outcome would depend on the difference between the prices of buying and selling.



Currently just crude oil and the US stock market are growing despite of the strong dollar.

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Dollar is gaining just because the period of easy money is over. FED is hardening the monetary policy by increasing the interest rate and squeezing liquidity but ECB and BOJ are not doing the same and holding their interest rates near zero.

according to wing the strength of the dollar will not affect bitcoin and the crypto currency market, because bitcoin / crypto currency and the dollar cannot be linked together because they have their own price reference if the dollar refers more to the economic policies of the United States and the world, in contrast to bitcoin and crypto currencies are only affected by supply and demand coupled with news or issues that hit bitcoin and other crypto currencies

U.S dollor is very strong currency this will lead to all aspects of global business for the entire world this is also one of reason why the inflation of a small country directly affect to people is because of sometimes high demand because of the price value of dollar but for the situation of bitcoin deceased value is not because of the dollor. its only because of the traders and the volume of investor that discharge from involvement of daily 24/7 operation of bitcoin.

I noticed this recently as well when I wanted to exchange some AUD to USD, rates have certainly spiked and USD has been pretty strong for the past few months for sure.

I honestly think that this is only going to affect the traditional economy in terms of exports, imports, and tourism. I don't think that USD going strong is going to have much to do with bitcoin prices, even though theoretically prices for BTC would drop as well.

The main reason is that bitcoin's primarily traded against USD itself which makes the rates at which USD is traded against other currencies less relevant. However, if in the future we see more equal distribution of trading volumes of BTC against other fiats, this could change.

Yeah and i've been thinking what makes this huge inflation in USD when the crypto market was not really working out yet, i mean, look at the crypto market it is not making a huge move yet like a sudden pump.
Buying crypto might give you a profit but buying dollars then convert it to your fiat seems like not a good idea because of their high rates for converting money it might take your profit to go to their pocket.

Where did some of you guys come up with the idea that dollar gaining strength will have an effect on Bitcoin? I don’t really see any connection that Bitcoin has with fiat, and from all research I have made none has said that dollar can have effect on Bitcoin. Ever since Bitcoin was introduced, it has been growing on its own, disregarding all these.

Euro has been regaining for the last three days and has easily defended the crucial level 1,1500. It seems for me that the weaker dollar is much better for the crypto market in prospective.


ECB minutes highlight fears for growth from trade war
https://www.investing.com/news/economic-indicators/ecb-minutes-highlight-fears-for-growth-from-trade-war-1640351 (https://www.investing.com/news/economic-indicators/ecb-minutes-highlight-fears-for-growth-from-trade-war-1640351)

Account of the monetary policy meeting
https://www.ecb.europa.eu/press/accounts/2018/html/ecb.mg181011.en.html (https://www.ecb.europa.eu/press/accounts/2018/html/ecb.mg181011.en.html)




Just because it is a currency cross (a pair).
Suppose,
1 BTC = 6000 USD
Let us suppose USD is got stronger against the all foreign currencies in the world, generally it is logically that 1 BTC will cost a bit less USDs because BTC is quoted against the USD. In the supposition I do not take into account that at the same time the BTC value may be changed


Oh, I got it. Speculating with currency is not the simplest way to gain because there are a lot of troubles. Which ones? Here are some for operations with cash
1 big spread
2 it takes much time (months or even years)
3 taxes
4 currencies are difficult for predictions
5 usually small movements in %

In most cases it is a bit profitable and less risky to buy bonds or good equities with nice dividends.

If you are sure about Bitcoin it would better to buy Bitcoin. Bitcoin can double its price or even more but, for instance, it is impossible that the pair EUR/USD will be dropped or grown in two times so when speculating with major currency pairs your potential revenue is capped.
Anyway  any speculations are dangerous! =)

Yes.Same with my thoughts too.I know that dollar is really gaining its strength even a year ago and up to the present time it has terribly reached a very high amount.But considering bitcoin,it will not be affected by a fiat currency because its function is not to compete with dollar or any other currency.But somehow it aims to be a global currency,or maybe another option for payment system.

Today the dollar has lost the quite sufficient part of its previous gain.

Here's Why Stock Sell-Off Hurt USD Alone

https://www.investing.com/analysis/heres-why-stock-selloff-hurt-usd-alone-200348078 (https://www.investing.com/analysis/heres-why-stock-selloff-hurt-usd-alone-200348078)

I can see the trade war really benefiting the USD a whole lot and that is a terrible thing already for some of the smaller countries, because the inflation is going to kick in seriously and most especially for countries with very low economy and countries that depend typically a lot on importation of goods and have not much of industrialization going on within the country. The stock market is actually showing signs of getting beaten from this since a lot of them have been overbought and overpriced anyway, so I won't be surprised to start seeing investors moving back into USD.

Yeah, it would most definitely affect the smaller economy a lot looking at what some already are saying in their various countries, the inflation going on and how their own currency is crashing against the dollar since they typically rely on it anyway for importation somehow. It is crazy to see something like this going on and I do not even know whether to call this a good thing or a bad thing, but the strengthening of the USD, probably would affect a lot of countries who are dependent on it somehow. Seems the trade war declared by trump is really making some good impact for the US economy.

The US dollar is undermined long term by trade and fiscal deficit.    The strength of the dollar relates to rising rates right now but long term its easily observable at the top end of its range

https://i.imgur.com/OGKSApP.png

The reason I do not expect strong dollar long term is that so much of the US treasury debt is financed short term not long term.   This means raising rates increases the government debt costs on every rise short term.   There is no surplus currently which would be required to undo this effect, I believe it would cause significant upset to reduce budget spending at this point.   The most likely outcome is a dollar weakened by excess supply to service that long term debt.

This in turn raises the prices for many assets and likely means BTC does not face the apparent headwind its had for much of 2017

I agree with you that the strengthening of the US dollar has a positive impact on cryptocurrency. But not for the economy in some countries, the value of the rupiah in my country against the United States dollar (USD) weakened, not only in my country all countries also experienced a weakening of the exchange rate against the United States dollar. One of them is the Chinese currency, the Yuan weakened against the US dollar by 6.7%.

I don't believe that it'll have a noticeable affect on the crypto market at all.

Prices might drop a bit across the board because some of the trading volume is indeed with other currencies which are weak in relation to the dollar right now, but I don't think that is going to be a huge factor with pricing within the market.

The most pain felt is going to be in the imports of other countries, but they will benefits on the exports.

It's also interesting that silver and gold actually went up in USD terms, but that may have been as a result of the stock market crash leading to people scrambling to a safe haven.

America economic condition right now on good perform. They only have 3.7% unemployement, its lowest rate of unemployement in a decade. Beside that, The Fed plan to rise their interest rate affecting on dollar price

I'll agree to this USD rates have shot up and especially when you wish to exchange other currencies for USD you end up paying more. In my personal opinion I don't feel it'll have any impact on bitcoins, as inflation is yet high, people need a proven tool against inflation. Theoretically bitcoins should have fallen as it's normally valued against it, but since other currencies are down we won't see any effect.

For now earning a dollar is much better due to high value in the market, like what said of one member our own fiat is now falling down vs the value of dollar but more people are enjoying of what is happening due to they are earning with dollar.

mickey mouse money - Who cares if it goes up or down, is so manipulated, corrupted and inflated.
 
Dirty dirty. Dirty World.

Since Quantitative Easing artificially pump the stock price (https://www.investopedia.com/ask/answers/021015/how-does-quantitative-easing-us-affect-stock-market.asp), now I'm pretty sure this is the end of QE. With increasing interest rate, there only one way, stronger US Dollar. The latest drop on the stock market (and transportation index) (https://www.freightwaves.com/news/dow-industrials-plummet-500-points) also really scary. I just hope the market crash won't be so severe to become a financial crisis or even like the great depression.

This does seem like a power move pulled by the economy of USA, in reality there are still true problems of taxes being cut for the rich, poor becoming poorer, foreign relations getting worse and china selling of the american debt notes it is holding to other countries for pennies on the dollar. All of these will have a big impact on american economy which will of course effect the value of dollar insanely.

Unfortunately it may take sometime before we see that because usa still holds a lot of power in the economy world and they can hold that off as long as they want, maybe tomorrow maybe couple years down the line but cracks are there.

Dollar valuation is gaining strength base on the the demand globally, as there are several trade war going on between america and several develop countries out to take over the world power through there  technological power and  goods manufactured globally, also cryptocurrency has indirectly give strength to Dollar as it is a mode of exchange to fiat.

The dollar at the moment is the alpha currency in fiat money, and for the time being it remains as bitcoin in a cryptomere.
If, due to the strengthening of the dollar, there will be a crash in the stock market - my opinion is that this will only benefit the crypto market.
P.S. But as often happens on stock exchanges - after strengthening the price may fall. ;)

Really U.S dollor is very strong currency this will lead to all aspects of global business for the entire world this is also one of reason why the inflation of a small country directly affect to people is because of sometimes high demand because of the price value of dollar but for the situation of bitcoin deceased value is not because of the dollor. its only because of the traders and the volume of investor that discharge from involvement of daily 24/7 operation of bitcoin.

I think this is obvious, the market is fractal. and I think that soon everything will fall into place!
In addition, I believe that the dollar is really one of the most stable currencies. The dollar is accepted by all countries and all people.

But the dollar has one drawback - bitcolin will replace it soon :)

I think we can make more money by increasing the rate of dollars. Bitcoin and dollars can helps to make some profit. Dollars are pretty high in my country recently i heard that the US Dollars will be increase more and the  inflation rate will be high.

Same thing that is happening where I live. People who are earning dollars never complain when the value of dollars is getting higher than our country’s currency. But to me that’s stupidity. Although I earn in dollars I still wouldn’t be happy when I see my country’s currency falling.

Whether you’re earning in dollars or not, it will affect you as long as you’re living in that country. As the currency continues to fall, it doesn’t make things cheaper, rather things will start getting cost as crazy.

Yeah and it is happening throughout the world. My local currency has also devalued compare to dollar in the last couple of weeks. It is because dollar has taken over the world currency market for many years and now it is the only acceptable currency all over the world. No other currency can be compared with dollar. It is the king of all the currencies in the world.

in my opinion, the dollar has an effect on the crypto market where, if the strengthening occurs, it will also affect one's purchasing power against cryptocurrency, for example. if the dollar has increased, it will make it difficult for other countries' currencies to export goods from outside and cause the price of exported goods to rise, and indirectly it will also reduce people's purchasing power because their basic needs have not been met. therefore, in my opinion, the strengthening of the dollar will have an impact on the cryptocurrency market which causes the purchasing power of the people to be low

Can it be possibly caused by the decrease in taxes? Because I don't see any other reasonable explenation.

And i think your analysis came to being sometime ago, I mean some few days ago. The stock market experienced a little crash which even transferred into the cryptomarket. I think should thisnbe the case the it's going to be a good aign for us in the cryptospace as it'll help bring people in. I mean, when the stocks come down, investors will look for other options and yeah, crypto will be a choice.

Expect the US dollar will always be strong as always that even if there is a world crisis but still the US dollar will survive because it is the center of all fiat transactions all over the world and i don't see any threat against Crypto if the US dollar will become more stronger than before because for me Crypto is also an investment so that we could earn more US dollar too.

It is true that US dollar is more using than any other currency so it is gaining strength and the world big businesses and projects are making transactions and it is gaining strength for a good reason, If we use crypto then it's demand will rise and ultimately the bitcoin will become more valuable and strong currency in the world.

Since Trump's presidency, the US economy has improved tremendously and has made China very miserable in finding jobs and unemployment. I think it will not affect too much on the price of the cryptos, it only affects the forex market.

it seems to me that the dollar and cryptocurrency can develop in parallel and not interfere with each other

Cryptocurrency is not linked to dollar and is completely on its own. So whatever value of USD is doesn’t have anything to do with what’s going to be the value of cryptocurrencies.

Cryptocurrencies devs has a way determining what’s going to be the price and that’s by knowing the rate of demand and how much is available or supply. So count the USD out of this, whether it gains strength or weakens has nothing to do with this.

What?

Don't you see the truth behind the scenes?

The dollar is going nowhere, just inflation.

What can be developed is our conscience.

And definitely, they are interferences.

Manipulation - obligations - conformism- capitalism - use like no tomorrow -
Things what seems to be normal - arent normal!!!
Mad world!
https://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

It seems to me the dollar was not weak, but the fact that it continues to strengthen is not surprising, looking at the policy of the USA.

I feel this is something that will only be effectual in the short term and we will get to see things going back eventually to the way they were. However, the declaration of trade war have actually shown how the strength of the US dollar lies and for what it is worth, at least in the short term it has really been helping the US economy.

However, when comparing to cryptocurrencies, I do not see how this would have any serious major effect on cryptocurrency at all, and it is just an entity on its own that is not easily controlled by any government policies directly.

The problem is this when the US dollars strengthen other currencies lose its value in the market and the people of a country face more financial problems in shape of inflation, expenses and taxes. The purchasing power of the people become reduces and they kick back to miserable financial conditions. That’s why we are waiting for bitcoin to take over the currency market.

That is what I believe would mostly happen in the long run. The market is growing every day as well as adoption, and we are getting to see improvements over and over again.

Dollar may actually be growing strong against other fiat markets at the moment, but like we have said, they are fiat market and I do not see how they would have any serious and major effect at all on the cryptocurrency market. For sure, one thing at moments like this is to see other countries trying to rush into assets to be able to hedge their funds as against the inflation going on with their currency and at this point, i actually see cryptocurrency probably being a target.

I am bit scared since increasing the price of dollars can do a lots of negative thing. There economy can be in big trouble everything become expensive.

Strong dollar will have not an effect for cryptocurrency even currently dollar was strong but the price of crypto even not really good and in my view strong dollar will have effect for economic from the particular countries that in my countries there was high inflation because dollar is too strong even if this situations continue and my currency crash then possibly will happened economy of crisis although i do not want it but unemployment will increase because this effect

I know what is inflation, 25 years ago annual inflation rate was more than 1.5 billion percent. The highest denomination was 500,000,000,000 dinars, can you imagine a banknote with that number on it. Today you can buy bread and milk with your salary, tomorrow you can`t buy newspaper with the same money. Looks like US is leading the way and ruining other countries with their economy model, their wars and interfering in other countries businesses.
That`s why I love cryptocurrencies, I hope we can all use them one day not this damaged dollars, euros and rest of them. We definitely need a new economy model on global level.

I guess there is no relationship between the crypto currencies and USD value at all. See that market is completely different from what we see and how we react to it when it comes to investing in the crypto currencies.
The USD market doesnt affect crypto market because there is no real linkages between the two and thus that very air gap keeps both of them separated from each other. With the USD rise it could affect the actual market like stocks, and any commodities that are getting traded over it. With the up rising of USD, BTC will remain untouched as BTC is just BTC and all its value comes from the demand supply relation within the crypto sphere. 

Yes, I admit that, in my country the dollar is very beneficial for us crypto, bitcoin players or other online businesses that use the dollar. But for some other people this news is a little not good, the dollar strengthens has an impact on rising food prices etc.

In my opinion crypto has nothing to do with the USD value, it won’t affect the value of the crypto currency. Crypto is influenced by the amount demand and available amount of supply. So USD won't affect the cry (http://yubster.com)pto value.

It would be hard for poor people to live. But it can be positive impact on bitcoin price while selling them even the bitcoin price fall you would not lose.

Donald Trump's trade wars are boosting local businesses and this is strengthening the US Dollar, but I think this is a little bit to late for them, because the US Dollar has lost most of it's value over time and they are faced with huge debt problems.

I see a typical scenario where China will claim US land and resources to pay back their debt in the future, like China are doing with some third world countries that are owning them money now.  ::)

The trade wars also make certain imports, more expensive.  :P  Crypto currency investments will increase, when people try to circumvent these trade wars.  ???

That probably has an impact. We can say that if the dollar has a huge valie then so as the cryptocurrency because it is he fiat that is the means in measuring the said market. But then having powerful fiat may not be also good to the market, or the crypto currency market.

I really do not see how dollar value has anything to do with cryptocurrency, either positively or negatively. These are totally two different spaces which I believe somehow that it would be all about the more money that comes into this space, which is actually something I am looking forward with the Trump's trade war that would likely be affecting some countries.

Gold is somehow picking the line to the upper side now and in some way, we may likely start seeing assets growing in such cases, and with that, this might even be touching the cryptocurrency space in a positive way but like I said, it is all about the investor's mindset at the end anyway.

That last part is actually something I see in the space in the long run which I believe the trade war would bring about for the growth of this space. Definitely, with the trade war on, this would most definitely affect a whole lot of countries as the USD is gaining strength and this is where we would see more countries falling down in their economy and trying to even see how they can survive through it, and in such cases, investors are always going to be looking for where they can store value so as not to get scooped up in the inflation and in that case, cryptocurrency may actually be a good target.

One of the factors that made the US dollar strengthened came from a number of geopolitics that occurred, one of which was uncertainty caused by the trade war between the US and China. This is why not only the sub-US is rising, the dollar is strong, but also the global risk premium is increasing. Strengthening the US dollar had a good effect on cryptocurrency prices (cryptocurrency prices rose).

Right, dollar is gaining strength and our fiat currencies are going down and if you look on the other hand crypto currencies are also down and have taken a long time to recover. We will see uptrends and downtrends like we are noticing in the price of dollar as we know that demand matters a lot. The current value of Bitcoin is still stable above 6k dollar that is 6386 US dollar so there is no effect on price of Bitcoin after increase in the value of dollar.

this condition is only brief, the US Dollar which is too strong is also not good for the country because the level of international imports of the US will decrease due to soaring prices. for holders of USD, it would be very encouraging because of big profits, but for the world of trade applies the opposite.

US dollar is gaining strength for that reason most of the coins are fallings so now is the time we can see most of the Asian countries get adopted to cryptocurrencies for future

Yes, Trump, who was born by a businessman, gave the United States a short-term strong shot. This may last for a few years, but when the dollar loses its support, there will be a big collapse. In the 21st century, the dollar will fall. Investors need to be cautious.

I hope that cryptocurrency will adopt in all country and it is no need to wait until ten years or so. And if US dollar still increases, then I think there will be a country that will get inflation in their economy, but I still believe that most of the country can survive. The economy of the world will change in the next years, and I think US dollar will not increase too higher and will get normal like before so the other country will not get trouble in their economy.

Dollar belongs the country which is far more powerful than any other country out there and they also have least population with high tax profiles around the country. I guess there is no wonder why their country is developing so fast and how there businesses are expanding to all new levels all the time. The US dollar is always getting hikes because their country is the one who is trying to establish powerful relations with the rest of the world and attract more businesses within their country. This is making the country more and more powerful day by day. Off course we all know they are also advance by technology, infrastructure and education which gains more sustainable future for them.

I wonder what is making the US dollar, trading with other countries or printing more debt? I wonder what effect this will have on Crypto and if peeps will be cashing in their crypto ready for their Xmas shopping etc? Everyone talks of a bull run coming before Xmas, they have been talking about the bull run coming since January lol, so I think it could be the other way around, the whales cashing out stacks of Bitcoin for the Xmas gigs and new year shopping sales. I don't even look at CMC as often as I used to lol because this year it has been flat for Bitcoin since the bear market started.

The increase in the dollar is not good for cryptocurrency, but I don't think the dollar can continue to increase. Maybe the dollar will depreciate sharply in 2019. This way is correct.

I see the dollars rate which is increasing now days. In my country dollars reach to much high as compare to last year's rate. BY increase the rates of dollars bitcoin gives profits too.

The strength of the US dollar is not conducive to the US export trade. Although many domestic citizens do not feel it, the export trade enterprises have become less competitive in price than the past because of the strength of the US dollar.

Because dollars rules the world now days and every people deals in dollars the buyer gain some profit but it would be bad effect or country's economy.

Ups and down is always there in USD, which is also affecting the bitcoin price. I hope that in near future we are going to see a good increase in bitcoin price, especially at the end of 2018. I think that we should try to invest money in bitcoin in current time and should not waste anymore time.

there must be a positive and negative impact, lucky for those who have a coin if it is calculated in dollars maybe if we exchange it into our country's currency the profits can multiply the first of the second crypto profit from the exchange rate itself, the negative may be if the dollar strengthens the value of cripto coins also will strengthen so that it will prevent the intention of new investors to buy cripto coins, because there must be extra capital for this investment

The only logical reason why US dollar is still have any value is the global usage of it. I mean the USA has not very much with it, of course it still tied to it a lot but the main focus shifted in the past 20-30 years into dollar being a global currency and not "Americas money".

Right now, from tourism to oil sector to anything you can think of even gold is calculated globally on "how much dollar one is" and that created the dollar into a big currency. Now if the world starts to accept Chinese yuan or European euro and so forth in the global trade stuff than the dollar would definitely lose value increasingly which would create a huge financial crisis in the USA and that could have a waving affect towards all their investments in other countries but it would probably be temporary.

It is the opposite a strong dollar means that people have a strong confidence in the economic system and bitcoin is a new way to understand the economy so it is obvious it is going to be negatively affected by this but I do not think this is going to last, the economy of the world is in terrible shape and the only thing needed to go down is another bubble bursting.

That is nice explanation however China has also reduced the use of dollar for international trade and for the transaction it would make before. Right now, there is a slow shift from using dollars ad a medium of exchange in international trade to using Chinese Yuan which is going to hurt dollar in future because it will reduce the demand for dollar and China is one of the top country using US dollars in bulk.

Besides, the dollar growth is temporary and momentary which is also called artificial growth. This just happened after imposing tariffs on the Chinese exports to US which cannot stay for long.

The strengthening of the US dollar is only temporary. The US stock market has experienced a big bull market for 10 years, which makes the United States become rich again. But in fact the world is changing the rules. American hegemonism will turn itself into the world's second and third, which is unstoppable.

It is a very interesting question. I am sure that US dollar will be strong for some period of time but not so long. I agree with most of you guys but I hope everything will be ok. (https://www.essayhave.com/essay-writing-service.html)

Its because I dont think that it has connection in btc. Well usd has its own market that are not connected in btc. I think if America invest in btc thats is the best thing we can tell about it.

I think that in current time, the US Dollar is really putting impact on bitcoin price but I think that when bitcoin will become too much popular and when the bitcoin users will increase too much then USD will never put any effect on bitcoin price, bitcoin will be an independence from all kind of influence of fiat currencies.

I am hoping as well that dollar will recover because as of this time many countries that have dollar as their secondary currency are affected. Bitcoin values are as well affected and the possibility of affecting cryptocurrency in general is very high. It should be noted that since bitcoin is connected to prices of dollar and bitcoin is somewhat a reference to other currencies as well, everything will work like a chain that affects everything connected to it.

From what I can see, Bitcoin has held steady against the USD, unlike most of the fiat currencies. Actually this is good for the future of Bitcoin. Bitcoin will be attractive for more and more people living outside the United States.

The growth of USD is by far a major reason why we are currently seeing a drawback in the number of investors for crypto markets because it's a currency - something that's physical and could give small, but stable returns. I've been watching this USD since 3 years and this time, it has really picked up too much incredible strength that's powering it to kill almost all currencies (why is by far not so good for forex dealers of partner countries). Due to the fact that the value of USD is strengthening in terms of different currencies (fiat), so are investors mostly investing in USD itself thinking of it to be the ^safe haven^ and when we know that all the alts (including Bitcoin as major one) are seen in USD to calculate their market cap, it is a must for all the alts to stabilize and get to their real values before a new bull run starts.

The value of USD is rising only in a perceived or exchange based price.   The value of USD to purchase real items is falling as it has done almost every year since it defaulted on a promise to pay gold in exchange for dollars by order of Nixon.

Price rising may be helping perception of dollar for now and its ability to carry debt but its clear to see the underlying fundamentals for Dollar are poor with the largest trade and fiscal deficits its ever had to suffer.   The effects ongoing are a depreciation in value of the dollar and debt is unlikely to be repaid in full value.

I do agree dollar index rising puts pressure on Bitcoin and crypto in general because the contrast is that crypto is seen to be weaker however long term crypto must stand on its own utility outside of any one country or currency.   Dollar will fall again because of its ongoing debt situation entering a spiral of failure to repay value, a soft default but crypto needs to keep improving protocols not to be caught in that vortex and prove of worth in a predictable chaos that will ensue

Actually, government always try to increase the strengthen of U.S dollar as much as possible ,stimulation from government is a big competitive -advantage that  can make them stronger than anything else

Cryptocurrencies have connection with USD market more than anything else, because cryptocurrencies are here to replace current fiat currencies.

I believe so.While the US dollar is gaining strength in its price,bitcoin is also seen to make a steady price.I think it somehow affects bitcoin price but the current price of bitcoin right now will attract more investors to buy now.I still believe that btc price will still go to the moon one of these days so let's keep buying today to make huge profits in the future.

I don't know. Your analysis is too optimistic. Much like how people said that the besr market is starting last july on the basis of two solid weeks of greens instead of reds. I think yeah the dollar is gaining momentum but I don't think it will sustain it up to the emd of the year. It will dip by the new year and gain momentum from there again.

yes, the dollar has strengthened and weakened almost all currencies in the world. the strengthening of the dollar may be due to a trade war between China and the United States. and the increase in world oil prices and also the FED also raised interest rates, making the dollar stronger. the strengthening of the dollar will have an impact on the world economy. many countries that will experience inflation may have many negative impacts that arise. but it will have a good impact on cryptocurrency because the dollar is fiat money which is a medium of exchange in crypto.

Good thing that the USD is gaining ground. As far as I can see, everything depends on how well the US economy is doing. It affects the economy of almost all the countries in the world. In lieu of cryptocurrency and dollar, in my perception, an increase  in the value of dollar results to  an increase in the stability of cryptocurrency simply because crypto users are freely trading their crypto assets to dollar fiats and vice versa, the trading is alive and in continuous motion. this cycle is very viable and healthy to crypto economy and world economy.

The continued strength of the dollar is not friendly to the world. The strength of the world’s largest economy will make it difficult for weak countries to survive. This is not in line with human development. This may increase war and riots. And I predict that the dollar will be hit hard in 10 years, and it will soon lose the world's number one throne.

This is the case all around the world. There has been a rise in the value of dollar and but it is still an ambiguity whether the growth is in the dollar or the decline is in your currency that you measure in terms of dollar. Expecting decline in the value of dollar is obvious because US has been in cold war with some countries and has been targeting their economies that might stop using USD in return to harm the US. A decline in USD demand will bring down its value as well.

This is actually happening as a result of the cold war going on between US and China and US and Turkey. The US China thing has given rise to this surge and it looks like the dollar is gaining value but it is temporary value. The imposition of high tariffs on the import of steel by US on China has actually made it cheaper for the usd to but the per unit steel from China. This gave rise to the rise in the USD. Same had been the case with the Turkey as a result of which USD gaining value and Turkey’s steel industry suffered.

There is some truth to this, after the 2008 crash the markets have become confident once again that they are untouchable as if they did not learned anything from the previous crash, this probably means that when the next crash happens they are going to be more unprepared than before and it is unlikely they could do the same they did with the last crisis, and if the US is unable to resolve the crisis in a satisfactory manner they could lose their privileged spot.

Indeed, it may affect crypto market most likely negatively as USD exchange to Bitcoin could make the Bitcoin's price decrease as the value of USD increase
 Most would have a tough time gaining huge USD hence couldn't buy right amount of BTC therefore lowering its price and volume in market. More would rather hold their USDs.

Strengthening of USD negatively influences the economy of other countries. But dollar can’t impact crypto because they have different price references. The price of cryptocurrencies depends on demand and supply, and also can be influenced by news. Those countries that legalize and use cryptocurrency will have positive results, but those that reject or ban it will be vulnerable to the rise of dollar.

 
  Yes, Dollar gain the dominance of the market,my opinion on the effect to crypto market, is the shift of investment or either trading more Dollar instead of crypto currency into the market, we can look at the market preview as the Dollar gain control of the market, these contribute to the weak crypto trading, crypto market investment, and drops on the price value of the crypto as posted in the market.

This because of their growing economic after a huge infrastructures that are being constructed. It seems like the USA has done already some advancement and that is why their fiat currency has gone strong. Hopefully that with the strong dollars over other currency would benefit the OFW who are workin in the their country and would bag dollar for their respective country.

Right.The US dollar is obviously gaining its strength up to the present but i think this will not happen all the time.Maybe by next year we can see a dropdown of price just like any other currency.And it will happen when a bull run for crypto market has just started i think.

I agree crypto is likely to do better while dollar is not rising, they are both globally used currencies.


Infrastructure must be paid for and give a yield to really be justified, the Hoover dam took decades to return value and its building required government approval giving politics a lead.   The problem is the debt raised in the name of that infrastructure spending, China has a similar idea but again some of the results have given no benefit to the economy and certainly not enough to repay the debt.   This adds upto currency weakness, without a rise in tax revenue from greater business done the spending and borrowing in dollar is not justified.    The only thing that happened recently is greater amounts of debt, due to a rising deficit in fiscal budgets.  

The reason dollar index rose is that is measured against similar FIAT currency in some cases also being printed in greater numbers.    The market favour and mostly in speculation that Dollar is the safest long term currency.    Its true till it isnt and its already the case that USA does not export enough to repay this debt to the world.   That could change but also likely to be at the same time dollar value is lower.

  The only alternative to this scenario is a greatly reduced government expenditure, higher rates, a surplus in the budget and debt being repaid.  All those effects add upto and justify the view of a strong dollar, otherwise many currencies are devaluing but in parallel which helps maintain the status quo shown in the dollar index value ; this is not strength anymore then a coat of paint is a repair

USA dollars is really getting strength and other coins are loosing again it.  Bitcoin is the most hit this days as dollar has suppress it. The strength of the dollar is a sign that bitcoin is losing and USA economic is gaining in the international market.  For those that are smart they now coverting they holding to USA. I have decided to adopt the approach of wait and see this time for the first time.

I believe all is being possibly done to make the US dollar gain more value against the bitcoin at most. This is also part of the reason why we have the US tether to help gain price rule over the bitcoin. I believe work is continually going on to ensure the US dollar makes a grand come back.

the stronger the value of the dollar, the more countries in the world will experience inflation,   this is very dangerous if there is one country in the world can control the economy of all countries because all currencies in the world have value standards with dollars. maybe if all countries use bitcoin in every trade between countries,   things like this can be minimized, because entrepreneurs don't need more dollars and inflation in each country can be prevented.

if the dollar gets stronger, it can adversely affect entrepreneurs in various countries, because there are many entrepreneurs who have debt in dollars, so if they have to pay, they will pay more than their respective currencies, this can create inflation and this can kill entrepreneurs in various countries, the best solution is to replace the dollar with crypto currency, maybe this could prevent the currency playing from superpowers that often destroy countries with weak economies.

What's more, the president of the United States is an economist, so he knows what steps to take to improve the country's economy. until now the dollar still dominates the currencies of all countries

What's more, the president of the United States is an economist
[/quote]

U lost me.

The strengthening USD won’t have any effect on crypto, where the crypto selling price is not based on the USD. It’s true that gold and silver selling prices will be affected by the (http://rumahmu.com) USD. But crypto is different from gold and silver.

US Dollar stong in several months and i think thats one factor why most coin in cryptomarket drop the price. I think USD Dollar stronger because The Fed plan to increasing interest rate and its affecting investor.

The US dollar is always gonna be the most strongest currency that exists, but for how long has it been like this? Probably a few centuries, nothing more than that.

So why are so many people extremely sure that this is gonna be the forever-currency? (It wont change  soon, so, do not think about that)

But yes, in a few 100's of years, maybe this can change.

I think the strength of dollar affecting on cryptocurrency price. Crypto already recognized as digital asset or commodities and with USD gaining strength, cryptocurrency price affected. But cryptocurrency price already drop for several months and I hope crypto price recover again soon

One thing, u don't think FEDs alone made the dollar stronger. Nextly, I don't think a strong dollar would trigger a strong correction in the market and lastly, I don't think the dollar is gaining strength at all. I think that it is gettin even weaker. I do think that the price of the dollar will affect crypro currency since Crypto currency is often used as investments.

I am not agree USD is going to down day by day, seriously getting scared for this what will do now??

The Sino-US trade war is a truce for 90 days! It is a win-win result for both parties!
For the United States, effective measures will be taken to substantially reduce the US trade deficit with China.
China will increase its purchase of goods and services from the United States. This also contributes to US economic growth and employment.

Stop voting on idiot presidents  ;D

Probably it has a point. But not all fiat users are believer of bitcoin. We cannot really expect some pump because of it. It might be a domino but then the effect varies. We can hope for it to happen, but people are trying to clash about the importance pf the two. But then who knows.

USA dollars will loose its value as the time passes on. Among the many reasons, the one the major reason will be transition to digital currency and that will start the downfall of fiat currency and the most effected because of it will be the US Dollar.

I don't think so because if the current oil politics against iran made some of the countries to trade the oild with their native currency instead of the USD so it makes the value falls little bit down but many countries still following US rules,if that changes the prices will fall too low.

I think the reason why the US dollar is gaining strength is because their economy is gradually rising. Also there's effect for the fiat currency when the economy of the country is rising, so since the USA country is having right now a growing economy surely their currency will rise. And possible many opportunities will be given especially to their worker and those people who have not yet job.

There is no correlation on the rising dollar prices because of Irans oil, cause Iran is now accepting country's local currency over dollars. I believe the real reason behind the growth is the increase in the employment sector, and it's overall economy it's growing stronger. Also it's pertinent to note with the 90 day truce period between Usa and China which shall benefit both, and shall further increase dollars prices.

USA pretends to be the strongest nation of of but they are not,still most of their citizen are living under poverty line and they still have religious issues over their country and the current issue is lot of leaders were opposing the Trump's decision with foreign countries which all the things can make their country bury at any time in the near future if they didn't change anything.

US Dollar strength because The Fed want to increasing interest rates and its hurt emerging country because their currency drop the value againts US Dollar. US Dollar needed and used in most country in the world and thats why when The Fed trying to increase the rate, its make investor prefer hold US Dollar because its more profitable for them

why the dollar is getting stronger, the main reason is that the dollar is the world currency because all countries that will make payments to other countries their currencies must be converted to dollars first, then exchanged for the currency of the destination country, and the need for dollars from year to year is always increasing, this is what the dollar cannot be weak.

so when the USD strengthens, the other currencies will decrease the selling price, including BTC and other altcoins that will get a little USD, instead of exchanging it for EUR or other currencies
in a moment like this, buying USD is not recommended if there is really no other choice or urgent interest,
but now it's normal again for the USD price, and for BTC and altcoin prices in my opinion it's still in a bad condition,

The strength of the dollar has become the last struggle. The strong appreciation of the dollar this year has made me see the possibility of a financial crisis. The appreciation of the dollar is not good for global trade. Many countries rely on American technology, so I think the US economy has already had problems.

When dollar become strong, many benefits you get, you can buy more and higher conversion of your transaction. Fiat is most important in the country, because they defend in money,, fiat can used to buy cryptocurrency and many more.

Dollar have always being one of the strongest fiat currency in the world, Let me try to answer your question, the strong of dollar do not have any positive effect on the cryptocurrency market though it may affect stock market or Forex.

Dollar is gaining strength compared to what actually? To previous year? Don't act like dollar has more value today than it did 10 years ago, it doesn't , certainly not compared to 20 years ago. In fact if you go back like that for each decade, all previous decades are better than next decade was.

Hence dollar is not gaining strength on the long term, it is short term spike that makes this and that causes markets to react to it by dropping in share value or similar however in the end it always ends up with the same old thing.

Dollar starts losing value again, hence things gets higher in price and when things get higher in price shares go up as well and that makes people happy about it and wages go up and we have inflation in our hands. Never trust any fiat currency, not dollar, not euro, not yuan. Don't trust any of them ever.

I think the real reason is that the stock exchange and the crypto market is a little down in this year and because of that many people withdrew their money and kept them in dollar because of which the demand of dollar increased and the price of it increased higher.

There is no guarantee that the very good dollar will have a good impact on the crypto world, so there is nothing like seeing the dollar price getting better nowadays.

due to the fact that the dollar is the world currency which is present in all countries, it oversees almost the entire market...including may affect the growth of the price of some coins and bitcoin in General)

Dollar is very dominating in Asia. because all Asian countries are based on USD currency. This is due to the number of American policies that increase bank interest rates and trade war activities with China. thus impacting on strengthening the value of the dollar against currencies in the Asian region.

I agree.It has been increasing its value a year ago.In my country,the high price of dollar does not make an effect on our own currency.The value is still the same.What has been affected are the prices of the basic commodities that are always increasing its price along with the value of dollar.

That's not the only and it's pretty common to know Mr. Obvious. There is various ways that US dollar is becoming stronger like good news or some intern factors that we would probably don't know. Many people use it, doesn't mean the currency would become stronger.

US Dollar was good in the start as well because if we look at it's use and demand so that is responsible for it's strengthening Us Dollar is international currency which is mostly using for international businesses and trade so demand for it is high every time and now crypto is very good for online payment but Dollar have changed and people left bitcoin so we are waiting for the spring in the crypto market.

yes you are right the dollar is getting stronger and making the currency in my country weak. in my opinion the dollar strengthened because of the trade war between the United States and China and also because of the increase in world oil prices. the increase in world oil prices will have an impact on countries that import oil. and for the crypto market the strengthening of the dollar I think is not too impactful.

Dollar itself isnt strong because its falling against the value of real goods.   Ideally OPEC would like oil barrel to sell at $100 because they view the dollar as having lower value after too much printing of new currency.

The reason for dollar index increasing is only in comparison to other similar FIAT currency that have QE programs.    Every large economy especially Japan is diluting the worth of their currency and USA is seen as the least risky, with tariffs threatened people assume ASIA weakness and hold dollar for risk reduction but its not strength so much as fear of the unknown I think

Only Russia, China of the major countries are building up reserves to back their currency, both export and can afford to do so.   THere are other countries also like Norway but size counts in this perception, long term growth will affect currency worth far more then now with debt accumulated over decades

Indeed the dollar in recent months 2018 continues to rise yet there is no sign of falling at the low level,
Cryptocurrency and Bitcoin continue to fall this is a very bad thing for crypto this year all hope crypto will improve in terms of price.

With the strengthening of the dollar in the last few days, hopefully it can bring a change in the crypto world, moreover the price of bitcoin which continues to decline hopefully can have a good impact on crypto prices

The strength of the dollar is related to the Fed. The Fed has the family support of the king of capitalists, but I think that such an economic model may be in crisis. Once the dollar loses its global market share, these big capitalists suffer losses, so this is almost a global coin. In the war, the dollar status is challenged so that it will appreciate, but in the future the dollar is very likely to fail.