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Author Topic: What if US Dollar Crashes?  (Read 57122 times)
Superways
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May 25, 2016, 10:32:18 PM
 #301

If the US Dollar Crashes then it is going to effect Bitcoin somehow because there are allot of people that sell there Bitcoins for US Dollar. If the Dollar is going to crash then people have now to find a other currency to sell for.

No the crash of US dollar will not affect the BIT as people from all over the world do not love to sell their coins to dollar but they sell to it only because they find it easy currency, and when US dollar crashed then there will be anoter currency which will replace dollar and so after that people will sell their coins to that currency.
techgeek
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May 25, 2016, 11:08:33 PM
 #302

Then World will also crash.

USD is the reserve currency for almost every country in the world at the moment, trust me, nobody would want USD to crash. (actually Americans really want that) Everybody dumping their own shitty currency to buy more and more dollars since the petro-dollar agreement. Because of that US made stuff is getting more expensive year after year.

The world wouldnt really crash.

But it would more like hit a strong pause similar how you see 2008 where things were super slowed down. And constant layoffs youd see by companies and less spending overall.

The world really never crashes, because of the international lending thats between each bigger bank.

Ch3wbacca
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May 25, 2016, 11:14:11 PM
 #303

If the US Dollar started crashing, then the indexes would rise in value, as the value of stocks and indexes is the opposite of fiat since fiat is used for protection.

Bitcoin is relatively small, so any positive or negative movement is independent on its own because of MM.

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MingLee
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May 25, 2016, 11:43:47 PM
 #304

If the USD crashes, there would be a fair amount of chaos on the global scale as more and different currencies vie to be the next reserve currency. Most likely this would end up something like the Yuan from China, and is currently the most likely candidate in such an event.

The value of the physical things within the US would also drop along with the value of the currency, at least in terms of purchasing power, and it might be possible to buy a lot of cheap goods using outside currencies.

As for Bitcoin, the value would probably go up.
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June 07, 2016, 08:50:22 PM
 #305

If dollar collapse, panic will be spreaded greatly, so be sure only gold will be safest investment. Bitcoin don't have yet strength for such task - for taking the lead .We must stop daydreaming this can be dangerous.

If dollar collapse we could see many unrests all over the world, maybe even wars before this happen.. Undecided

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angaper
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June 07, 2016, 09:25:25 PM
 #306

Unfortunately the American dollar is still the most important currency of the world and there are multiple interests attached to it. It seems difficult that the current economic system could overcome such catastrophic scenario, but I don't expect to see a sudden collapse, but a gradual one; and in this case the world economy will be better prepared to overcome the negative effects.
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June 08, 2016, 12:10:49 AM
 #307

If this will happen the bitcoin will also crash without any doubts, I think the bitcoin will than go down for sure with some big numbers.
Right now the bitcoin is still really depending on the dollar.
MWesterweele
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June 08, 2016, 04:21:20 AM
 #308

American dollar is the central of all currencies and the basis on money exchange around the world.So i dont think that usd will crash someday even if it will be re owned by other people.But if that thin would really happen,it may be the end of happy days of bitcoins industry because tho bitcoins price is too big now bitcoin is still depending on amerian dollar currency

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Bitcoinbee
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June 08, 2016, 04:47:50 AM
 #309

The US Dollar will never crash as long as it controls the crude oil industry the biggest and most demand natural resource these days, almost all technologies invented and used today depends on crude oil and if your country will try to trade oil in different currency then that one is gonna crash.

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hermanhs09
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June 08, 2016, 06:46:40 AM
 #310

American dollar is the central of all currencies and the basis on money exchange around the world.So i dont think that usd will crash someday even if it will be re owned by other people.But if that thin would really happen,it may be the end of happy days of bitcoins industry because tho bitcoins price is too big now bitcoin is still depending on amerian dollar currency

A collapse in the currency of the US is inevitable and bound to happen somehow sometime in the future. There is no way avoiding it, you just gotta be prepared for that event when it happens.

While bitcoin prices will not tumble at all. It'll in fact go up instead, since bitcoin is a separate system to fiat currency.
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June 08, 2016, 08:18:51 AM
 #311

American dollar is the central of all currencies and the basis on money exchange around the world.So i dont think that usd will crash someday even if it will be re owned by other people.But if that thin would really happen,it may be the end of happy days of bitcoins industry because tho bitcoins price is too big now bitcoin is still depending on amerian dollar currency

A collapse in the currency of the US is inevitable and bound to happen somehow sometime in the future. There is no way avoiding it, you just gotta be prepared for that event when it happens.

While bitcoin prices will not tumble at all. It'll in fact go up instead, since bitcoin is a separate system to fiat currency.

I dont think I will see that in my years living here in this world. That will take a long time to happen. There are other countries which their currencies are still alive even if their economy is low. So why US?
ning_chang
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June 08, 2016, 08:32:32 AM
 #312

Yes, Bitcoin price will barely affected.Bitcoin depends on the price of usd. If thay happened there would be a lot of people that will panic selling
crairezx20
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June 08, 2016, 08:40:19 AM
 #313

Yes, Bitcoin price will barely affected.Bitcoin depends on the price of usd. If thay happened there would be a lot of people that will panic selling
Lol even you are selling your bitcoin it will never change the price of usd.. and i think all currency will be affected if usd will crash the price..
If this is happen i think bitcoin still here and working because many store are accepting bitcoin as payment..
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June 08, 2016, 08:43:33 AM
 #314

We are living in the world where US Dollar is the basis for everything. If it crashes the money we all lose in the case will be one of the least things we should be worried about.

 
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lienfaye
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June 08, 2016, 08:46:10 AM
 #315

If the dollar crash it would spell trouble for the world economic system but i guess it will not happen or if it does happen it will be completely unpredicted.
davis196
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June 09, 2016, 05:35:26 AM
 #316

I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?

The USD will crash only if all the people around the world stop using US dollars.That`s not going to happend.

The bitcoin price might hit the roof if  USD crashes,but all the other currencies will become more expensive.

If USD crashes,the world economy might crash  Sad

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June 10, 2016, 01:16:51 AM
 #317

Usd as the most leading fiat currency and almost basis of all country i think will never ever crash.If usd will crash someday it will be the end of bitcoins too,because although bitcoin is fully developed now it is still depending on usd and supply and demand.Bitcoin will be much affected if usd will crash

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June 10, 2016, 02:14:55 AM
 #318

Well maybe it will affect bitcoin, and maybe not because btc and usd are two different currencies.
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June 15, 2016, 03:22:16 PM
 #319

The US dollar is never going to crash if you ask me, the US is just do big and powerfull of a country to let there currency be destroyed.
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June 15, 2016, 04:09:53 PM
 #320

The US dollar is never going to crash if you ask me, the US is just do big and powerfull of a country to let there currency be destroyed.

You can't be too sure ever. Their are people behind the scene whom try to avoid that but their debt is very large and it is building up every day.
They can't do that forever, but for some reason they think they can, which will be their downfall in the end.
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