What if US Dollar Crashes?

[Bitcoinsummoner]

People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.

That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.

Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

US dollar is real money and bitcoin is just alternative currency we can replace us dollar and it can not crash the usd because of bitcoin..
Bitcoin is a good alternative only that we can use for now but few merchants and sites are accepting and expecting more in the future that more adoption and more stores will accept bitcoin..

[ekoice]

Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.

[BitSat]

Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.

You are right its never been depended on any currency but my question is is this possible that Dollar crashes because I am not sure its going to happen in near future because its going to handle many things

[goldcoinminer]

Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.

You are right its never been depended on any currency but my question is is this possible that Dollar crashes because I am not sure its going to happen in near future because its going to handle many things

Never believe that dollar will crash unless you can see a proof that would convince you to make it happen, in our world here in crypto, we are compose of different countries meeting with one interest, so probably we will also be affected and the price of bitcoin might crash if dollars crash.

[MMA]

People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.

That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.

Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.

it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.

[SHAWN-MIDWAYS]

This would affect the money market negatively world over  as most currencies would gain value including bitcoins

[freedomgo]

This would affect the money market negatively world over  as most currencies would gain value including bitcoins

That would definitely happen as USA is a big country and they have a lot of investment all over the world, so probably the crypto world will also be affected. I hope it will not happen since when a big country collapse more will be affected.

[tee-rex]

People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.

That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.

Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.

it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.

Could you specify which most countries depend on the US dollar and how exactly?

I'm familiar with only few ways in which a nation can depend on another nation's currency. In the majority of cases this happens when this country is trading exclusively with the other country or through another such country. That seems to be the reason why a few small Latin-American countries such as Honduras and Panama adopted the US dollar as their national currency, specifically, due to their exports going primarily to the US markets.

[hurain]

People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.

That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.

Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.

it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.

agree with you that USD is very stable and it is difficult to crash, but suppose it crash the it will really effect bitcoin also. as we are using USD for converting bitcoin into or for buying bitcoin, therefore to me bitcoin will also be effected a lot if USD crash.

[deisik]

People should accept the reality that trump would be the next president, I do not think dollar will crash that is not what trump had promise in the campaign, according to him he will make america great again.

So I am expecting dollar to be more stronger.

That's also what I think. Dollar will not crash because it is strong besides, america is a big and powerful country. In addition Dollar is one of the most popular currency in the world so I doubt it would crash. Trump asked the support of the people who don't vote for him.

Indeed. Dollar will not crash even if they have a new president. If dollar will crash definitely most of us will be affected especially here in bitcoin community. I also think that dollar will still remain stronger.

Yeah dollar will not crash even if the face big economic fall, because they have a planned backing for future. Another important thing is that if dollar gets crashed our bitcoin too gets crashed because till now we were not independent.

it is a fact that it is not so easy that USD can crash, as USD is one of the most stable currency of the world and  most of the countries are also depending on USD, but  i think there is no concern of bitcoin with USD, if USD crash down it will not effect bitcoin at all.

agree with you that USD is very stable and it is difficult to crash, but suppose it crash the it will really effect bitcoin also. as we are using USD for converting bitcoin into or for buying bitcoin, therefore to me bitcoin will also be effected a lot if USD crash.

This is only an illusion that Bitcoin depends on the US dollar. Just because we see it everywhere denominated in dollars, it doesn't in the least mean that its price is determined only by the American dollar. On the other hand, the US dollar cannot crash in vacuum, technically speaking. When it drops or rises, it drops or rises against a basket of other major currencies. In this way, the effect that a crashing dollar might have on the Bitcoin price would ultimately depend on two main factors. The first factor consists in which currencies the dollar drops against, while the second one consists in how much and to what degree these other currencies (for example, the Chinese Yuan) determine the Bitcoin price themselves...

Obviously, if the dollar crashes against all major currencies, then Bitcoin price should surge (provided all other things are kept the same)

[Rinder]

Bitcoin its a decentralized currencie, neither dollar or euro does really affect bitcoin, even if the price changes it isnt directly with bitcoin, even with the main currency traded against bitcoin its currently dollar.

[Theforextrader]

If it crashes short JPY pairs and BUY gold, bitcoin too

[TheGodFather]

well before it comes im pretty sure our primary currency is bitcoin where we can digitally buy our needs in life through cryptocurrency and one more thing bitcoin currency graph is not stable it may be raise or it may be down . much better if you invest your money in bitcoin so that we can have to make a future together with bitcoin. i really like btc because it has no tax in our country and we can connect to each other without any traffic because btc is a crypto currency where we are anonymously can send and receive money to each other

[kwuccduck]

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 dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.

[deisik]

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 dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.

Dollar is only a currency, it is not wealth in and of itself (unlike gold). If it should disappear without trace one day, the world won't stop moving. The void may cause some unexpected setbacks in the international trade, but very soon some other currency will take its place, for example, Euro or the Chinese Yuan (and no, Bitcoin doesn't cut it yet). In fact, a few big countries have already given up using the US dollar as the currency for settling accounts between them. Russia and China, for example, trade between themselves using the Chinese Yuan, if I'm not mistaken...

In short, the throne is never empty

[kreskko]

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 dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.

Dollar is only a currency, it is not wealth in and of itself (unlike gold). If it should disappear without trace one day, the world won't stop moving. The void may cause some unexpected setbacks in the international trade, but very soon some other currency will take its place, for example, Euro or the Chinese Yuan (and no, Bitcoin doesn't cut it yet). In fact, a few big countries have already given up using the US dollar as the currency for settling accounts between them. Russia and China, for example, trade between themselves using the Chinese Yuan, if I'm not mistaken...

In short, the throne is never empty

So better to make coins in ancient times, gold and silver, and then it will not only exchange items, but also wealth.

[Blitzboy]

Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.

No. If there is a big crash on USD, I believe that it will apparently affect Bitcoin in a positive way. When dollar crashes, many people will decide to hold Bitcoin instead of FIAT because once dollar goes down, the other FIAT currencies will likely drop down with it. And Bitcoin - the cryptocurrency - will rise and become a strong currency in the world which can easily replace the world. However, I doubt that USD can crash. In fact, America is the most powerful country so i think they will have a plan to regulate their economy as soon as posible

[Jonar21]

Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.

No. If there is a big crash on USD, I believe that it will apparently affect Bitcoin in a positive way. When dollar crashes, many people will decide to hold Bitcoin instead of FIAT because once dollar goes down, the other FIAT currencies will likely drop down with it. And Bitcoin - the cryptocurrency - will rise and become a strong currency in the world which can easily replace the world. However, I doubt that USD can crash. In fact, America is the most powerful country so i think they will have a plan to regulate their economy as soon as posible

From the dollar is not only the US economy but also in many other countries. And the dollar will keep all that would not fall, not just the United States.

[bikbik2]

As we already know, each currency of any country or even the value of the currency meet a certain number of gold reserves of any country, whose money it is played. So for every dollar worth its weight in gold. But in contrast to the dollar, bitcoin is not such a measure or weight. What this will mean in the future.

[deisik]

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 dollar is an international currency, and if the dollar collapses, then the world will fall on him. I'm sure that will not allow this. For the sake of salvation, the world's banks and governments will donate anything. Even people.

Dollar is only a currency, it is not wealth in and of itself (unlike gold). If it should disappear without trace one day, the world won't stop moving. The void may cause some unexpected setbacks in the international trade, but very soon some other currency will take its place, for example, Euro or the Chinese Yuan (and no, Bitcoin doesn't cut it yet). In fact, a few big countries have already given up using the US dollar as the currency for settling accounts between them. Russia and China, for example, trade between themselves using the Chinese Yuan, if I'm not mistaken...

In short, the throne is never empty

So better to make coins in ancient times, gold and silver, and then it will not only exchange items, but also wealth.

It is better to keep your wealth and buy even more with fiat, which is almost totally worthless itself. The primary difference between rich people and poor people seems to consist in their understanding (or misunderstanding, for that matter) what real wealth is. Rich people tend to exchange less valuable things for more valuable ones and gain more wealth over time, while poor people are more inclined to act in the opposite way, i.e. to exchange more value for less value and thus accumulate more losses than wealth in the end...

For example, compulsive smokers and drinkers are essentially exchanging their health for weed and alcohol