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Author Topic: If USD falls  (Read 12277 times)
domarakooth
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September 20, 2018, 07:54:02 AM
 #581

If the dollar continues to depreciate, commodity prices will continue to rise, as crude oil is priced in dollars and investors will pour money into commodities to ward off inflation losses. These dynamics can make the dollar free fall. In this case, the US economy will be stuck in the trap of recession and inflation. could cause a catastrophe in the US financial system, then spread into a global financial shock.

I am agree with your opinion. If dollar fall the value, most investor will looking on Gold or others commodities. Bitcoin right now like commodities and i am believe it give big effect to bitcoin price.
It can effect the bitcoin price which can decrease its price even the bitcoin has more demand than other but still the price of bitcoin will decrease with USD.
Tervelatuk
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September 20, 2018, 08:02:55 AM
 #582

If USD falls (the global currency today) i think the market will fall faster than anything. Maybe the british pound or euro will take it's place as a global currency but ultimately the American economy will fall. With this crypto currency, that is very prolific today, will take it's place like in Venezuela and will keep on making BTC stronger and more stable.
no i dont think so about it.i have different opinion about this condition.maybe money from forex market or stock market will moved to cryptocurrency market that provide good opportunity.moreover this price now cheap enough.
hawkins
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September 20, 2018, 08:18:45 AM
 #583

I think it only has a very small effect because fiat and cryptocurrencies have different sides on all things, so both have their own fluctuations
well, sometimes crypto is measured by dollars if it's based on fiat. there is a high probability that it only has an effect when you exchange dollars for fiat currency for your country. well, you can say the effect is not so big.
Rejevunator
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September 20, 2018, 09:53:29 AM
 #584

i think if USD fall, it will make price of bitcoin increase. but Bitcoin does not seem like the thing that people will want. maybe at that moment, Many people will buy gold, silver, jewels. that's what i think it will happen if USD fall.
Falling the USD and increase the bitcoin price and its value even it bitcoin's demand decrease but falling the USD can manage its price.We should expect decreasing of USD which can help us to earn more profit.
Howits
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September 21, 2018, 06:41:42 AM
 #585

If the dollar continues to depreciate, commodity prices will continue to rise, as crude oil is priced in dollars and investors will pour money into commodities to ward off inflation losses. These dynamics can make the dollar free fall. In this case, the US economy will be stuck in the trap of recession and inflation. could cause a catastrophe in the US financial system, then spread into a global financial shock.

I am agree with your opinion. If dollar fall the value, most investor will looking on Gold or others commodities. Bitcoin right now like commodities and i am believe it give big effect to bitcoin price.
I think people can leave bitcoin and chose other other investing things like stock, Gold or silver.Also decreasing the USD can effect worlds currencies too. More the price decrease more the profit we lose.
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