What if US Dollar Crashes?

[kidoseagle0312]

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?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon
And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

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[delliaerd]

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?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon
And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

Yes, the Probality is big. but Bitcoin still have a competitor, gold was being currency since long time ago. bitcoin and gold, one will be a replacement for the dollar if its crashes. so the price will go up like a rocket. the dollar is very strong and not easily crashes, maybe if the world war came again, the dollar is likely crashes. anything can be happen in the war.
Although USA is strong country but if God have another plan, no one can prevent God will. Also bitcoin still have chance to replace dollar.

[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?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon
And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

Yes, the Probality is big. but Bitcoin still have a competitor, gold was being currency since long time ago. bitcoin and gold, one will be a replacement for the dollar if its crashes. so the price will go up like a rocket. the dollar is very strong and not easily crashes, maybe if the world war came again, the dollar is likely crashes. anything can be happen in the war.
Although USA is strong country but if God have another plan, no one can prevent God will. Also bitcoin still have chance to replace dollar

Personally, I don't doubt that gold (as a means of settling international accounts) will take the place of the US dollar

But it still doesn't mean that gold will be directly competing with Bitcoin. In fact, both of these assets will profit tremendously from the dollar demise, should it occur for real. It is unlikely that Bitcoin will be used as payment in international trade (though I've read here about guys from the US using bitcoins in their trade with Chinese folks), but there is no doubt that many people will run from the dollar into Bitcoin as well if things start turning grim for the former

[Ossidalm]

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?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon
And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

Yes, the Probality is big. but Bitcoin still have a competitor, gold was being currency since long time ago. bitcoin and gold, one will be a replacement for the dollar if its crashes. so the price will go up like a rocket. the dollar is very strong and not easily crashes, maybe if the world war came again, the dollar is likely crashes. anything can be happen in the war.
Although USA is strong country but if God have another plan, no one can prevent God will. Also bitcoin still have chance to replace dollar

Personally, I don't doubt that gold (as a means of settling international accounts) will take the place of the US dollar

But it still doesn't mean that gold will be directly competing with Bitcoin. In fact, both of these assets will profit tremendously from the dollar demise, should it occur for real. It is unlikely that Bitcoin will be used as payment in international trade (though I've read here about guys from the US using bitcoins in their trade with Chinese folks), but there is no doubt that many people will run from the dollar into Bitcoin as well if things start turning grim for the former

The dollar will demise slowly. but in the short term, it is the major currency.

[Xester]

If Us dollar crashes that would bring a large devastation of the entire economic growth of the country not just america but those country that uses dollar currency. Bitcoin digital currency will be affected also because if we exchanged our btc to fiat and the dollar rate falls, the price is really affected.

Well, if the dollar crashes, isn't it amazing for the bitcoin price? and if it crashes, euro and other currencies are still there. Probably crashing dollar would just affect the specific country that holds it and where it is widely used. But for those other country who has their own currency, it is in their favor. Their currencies will rise too when dollar crashes. 

If the US dollar crashes there will be other fiat currency that will be the universal standard bearer for all currency. Though we imagine bitcoin will become the one to replace US dollars but it is impossible due to shortage of the bitcoin amount in the circulation. Another thing is that if fiat currency will be replaced by bitcoin poverty will spread like wild fire its because not everyone has bitcoins. For it to occur bitcoin must have enough number in circulation and every country must have its official altcoins with bitcoin as the common currency.

[senyorito123]

If Us dollar crashes that would bring a large devastation of the entire economic growth of the country not just america but those country that uses dollar currency. Bitcoin digital currency will be affected also because if we exchanged our btc to fiat and the dollar rate falls, the price is really affected.

Well, if the dollar crashes, isn't it amazing for the bitcoin price? and if it crashes, euro and other currencies are still there. Probably crashing dollar would just affect the specific country that holds it and where it is widely used. But for those other country who has their own currency, it is in their favor. Their currencies will rise too when dollar crashes.  

If the US dollar crashes there will be other fiat currency that will be the universal standard bearer for all currency. Though we imagine bitcoin will become the one to replace US dollars but it is impossible due to shortage of the bitcoin amount in the circulation. Another thing is that if fiat currency will be replaced by bitcoin poverty will spread like wild fire its because not everyone has bitcoins. For it to occur bitcoin must have enough number in circulation and every country must have its official altcoins with bitcoin as the common currency.

Yeah I agree, there will be a standard bearer of all currency but it doesn't replace the dollar because there is really a shortage of bitcoin amount in the economic circulation. Thats true if ever bitcoin replaces the dollar currency due to crashing, exactly poverty will actually be spreading like not just like wild fire but a super typhoon due to less previledge individuals were not familiar with bitcoin thats the reason why they don't have it and learn earning bitcoins. If that happens it's a very worst economic devastation worldwide because more countries actually depends on dollar.

[Reid]

If Us dollar crashes that would bring a large devastation of the entire economic growth of the country not just america but those country that uses dollar currency. Bitcoin digital currency will be affected also because if we exchanged our btc to fiat and the dollar rate falls, the price is really affected.

Well, if the dollar crashes, isn't it amazing for the bitcoin price? and if it crashes, euro and other currencies are still there. Probably crashing dollar would just affect the specific country that holds it and where it is widely used. But for those other country who has their own currency, it is in their favor. Their currencies will rise too when dollar crashes.  

If the US dollar crashes there will be other fiat currency that will be the universal standard bearer for all currency. Though we imagine bitcoin will become the one to replace US dollars but it is impossible due to shortage of the bitcoin amount in the circulation. Another thing is that if fiat currency will be replaced by bitcoin poverty will spread like wild fire its because not everyone has bitcoins. For it to occur bitcoin must have enough number in circulation and every country must have its official altcoins with bitcoin as the common currency.

Yeah I agree, there will be a standard bearer of all currency but it doesn't replace the dollar because there is really a shortage of bitcoin amount in the economic circulation. Thats true if ever bitcoin replaces the dollar currency due to crashing, exactly poverty will actually be spreading like not just like wild fire but a super typhoon due to less previledge individuals were not familiar with bitcoin thats the reason why they don't have it and learn earning bitcoins. If that happens it's a very worst economic devastation worldwide because more countries actually depends on dollar.

Wait, aint it Euro who will be next if ever they replaced dollar? Just saying.
Problem is the belief of people. They only believe into something that they see and can be hold.
So that is unlikely to happen. A high percentage of people will not agree to this kind of thing specially this days where scams and illegal things are happening at the circle of bitcoin currency.

[X-ray]

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?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon
And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

Yes, the Probality is big. but Bitcoin still have a competitor, gold was being currency since long time ago. bitcoin and gold, one will be a replacement for the dollar if its crashes. so the price will go up like a rocket. the dollar is very strong and not easily crashes, maybe if the world war came again, the dollar is likely crashes. anything can be happen in the war.
Although USA is strong country but if God have another plan, no one can prevent God will. Also bitcoin still have chance to replace dollar

Personally, I don't doubt that gold (as a means of settling international accounts) will take the place of the US dollar

But it still doesn't mean that gold will be directly competing with Bitcoin. In fact, both of these assets will profit tremendously from the dollar demise, should it occur for real. It is unlikely that Bitcoin will be used as payment in international trade (though I've read here about guys from the US using bitcoins in their trade with Chinese folks), but there is no doubt that many people will run from the dollar into Bitcoin as well if things start turning grim for the former

The dollar will demise slowly. but in the short term, it is the major currency.

Nope, if the US can stand on the strong legs and the dollar will very difficult to demise. although there are the other currencies more stronger rather than dollar and can make more domination around the world.
But in the previous centry the world has dominated by euro.

[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?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon
And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

Yes, the Probality is big. but Bitcoin still have a competitor, gold was being currency since long time ago. bitcoin and gold, one will be a replacement for the dollar if its crashes. so the price will go up like a rocket. the dollar is very strong and not easily crashes, maybe if the world war came again, the dollar is likely crashes. anything can be happen in the war.
Although USA is strong country but if God have another plan, no one can prevent God will. Also bitcoin still have chance to replace dollar

Personally, I don't doubt that gold (as a means of settling international accounts) will take the place of the US dollar

But it still doesn't mean that gold will be directly competing with Bitcoin. In fact, both of these assets will profit tremendously from the dollar demise, should it occur for real. It is unlikely that Bitcoin will be used as payment in international trade (though I've read here about guys from the US using bitcoins in their trade with Chinese folks), but there is no doubt that many people will run from the dollar into Bitcoin as well if things start turning grim for the former

The dollar will demise slowly. but in the short term, it is the major currency.

"The reports of my demise have been greatly exaggerated"

Really, the strength of a currency is in direct correlation (and likely this is a causal relationship) with the strength of an economy. So while the US economy remains strong I don't think the dollar is going to die any time soon, slowly or quickly. It may continue to devalue as it has been, but let's not forget that in the late 1970s the dollar inflation was in two digits. Right now, we see competitive devaluations across countries and the dollar is underperfoming in this respect (i.e. it devalues slower than other major currencies such as euro or British pound)

[kingstarblack]

If usd crashes then euro will sky rocket and USA will be in a economic depression

Yup, that indeed economic and trade laws in the world. So if indeed USD Crashes then indirectly competing currencies like the Euro will skyrocket and it will drop the USA into the abyss that makes bankruptcy. But if this is about USD Crash and how the continuation of the bitcoin, then I think the bitcoin will remain stable. because the price of the bitcoin does not follow the USD but entering the mainstream, so it might be much more bitcoin skyrocket when USD Crash

[Pettuh4]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

[HarryKPeters]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nah, the US governement will just put more money in it. And from an trading point of view a devaluation of a currency is good tor export.
So eventually the rate will go up again.

[soul-impact]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

NO, This can not happen because I do not think that the government will easily accept BItcoin due to a crash.The USA have survived over many crashes and they will know how to maintain the people and manage the economy to overcome this event. However, investors, in my opinion, will put more money into Bitcoin in order to save their property since the Dollar is no valuable during the crash

[alyssa85]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nope. What they'll do is raise interest rates. Interest rate rises squeeze inflation out of the system, and also make a currency more attractive to investors, causing them to buy dollars to get the interest.

The Fed raised rates in december, and will likely raise again in either March or April. Given that other countries are not raising rates, the likelihood of the dollar crashing is slim to none.

[Bitcoinsummoner]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nope. What they'll do is raise interest rates. Interest rate rises squeeze inflation out of the system, and also make a currency more attractive to investors, causing them to buy dollars to get the interest.

The Fed raised rates in december, and will likely raise again in either March or April. Given that other countries are not raising rates, the likelihood of the dollar crashing is slim to none.

And also there is no possibility that usd will be down and replace by bitcoin..
Bitcoin is just a alternative payment method online like other VCC and online reloadable cards that you can use for online shopping.. many disadvantage about bitcoin that needs more develop in order to accept and use by many people.. for now for those who are getting benefits for bitcoin are still staying in bitcoin..

[cjmoles]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nope. What they'll do is raise interest rates. Interest rate rises squeeze inflation out of the system, and also make a currency more attractive to investors, causing them to buy dollars to get the interest.

The Fed raised rates in december, and will likely raise again in either March or April. Given that other countries are not raising rates, the likelihood of the dollar crashing is slim to none.

Well, there may be a bubble in the stock exchanges.  They are looking heavy!  A lot of that confidence is based on speculation into Trump's ability to stimulate the economy...If Trump don't produce, things may get interesting.  I don't think he will be able to produce those low skill, high wage jobs he promised his supporters....Skepticism may be needed here.

[alyssa85]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nope. What they'll do is raise interest rates. Interest rate rises squeeze inflation out of the system, and also make a currency more attractive to investors, causing them to buy dollars to get the interest.

The Fed raised rates in december, and will likely raise again in either March or April. Given that other countries are not raising rates, the likelihood of the dollar crashing is slim to none.

Well, there may be a bubble in the stock exchanges.  They are looking heavy!  A lot of that confidence is based on speculation into Trump's ability to stimulate the economy...If Trump don't produce, things may get interesting.  I don't think he will be able to produce those low skill, high wage jobs he promised his supporters....Skepticism may be needed here.

Interest rates don't just affect stock markets. They affect bond markets too. If interest rates rise, money market funds would be a nice place to place money risk-free and earn some interest. And the Americans are ahead of every where else in raising rates, so the likelihood of the dollar crashing is slim to none. In fact it might get too strong, hurting exports.

[xvids]

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?

Well I think maybe it will only affect our btc cause we have lot's of people who are using USD as their currency,
But for me it won't affect the price of BTC.

[deisik]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nope. What they'll do is raise interest rates. Interest rate rises squeeze inflation out of the system, and also make a currency more attractive to investors, causing them to buy dollars to get the interest.

The Fed raised rates in december, and will likely raise again in either March or April. Given that other countries are not raising rates, the likelihood of the dollar crashing is slim to none.

Well, there may be a bubble in the stock exchanges.  They are looking heavy!  A lot of that confidence is based on speculation into Trump's ability to stimulate the economy...If Trump don't produce, things may get interesting.  I don't think he will be able to produce those low skill, high wage jobs he promised his supporters....Skepticism may be needed here.

Interest rates don't just affect stock markets. They affect bond markets too. If interest rates rise, money market funds would be a nice place to place money risk-free and earn some interest. And the Americans are ahead of every where else in raising rates, so the likelihood of the dollar crashing is slim to none. In fact it might get too strong, hurting exports

Rising interest rates can be a cause and they can be an effect

In the late 1970s the inflation in the US was in two digits and so were the interest rates. In this manner, if interest rates are rising, it may actually serve as an indicator of accelerating inflation. But inflation cannot contribute in any meaningful way to the strength of a currency which suffers from inflation. In fact, it just shows how weak that currency is. Basically, hyperinflation is synonymous with currency collapse (see Zimbabwe). I don't think that it ever comes to that in respect to the US dollar, but in any case rising interest rates cannot be interpreted as strengthening of the dollar

[cjmoles]

If it happens, the US government will adopt Bitcoin or any other worthy cryptocurrency in place of the USD and the demand for the currency replacing the dollar will causevitvtobgain more value than the existing ones and will hence replace the dollar as the global currency.

Nope. What they'll do is raise interest rates. Interest rate rises squeeze inflation out of the system, and also make a currency more attractive to investors, causing them to buy dollars to get the interest.

The Fed raised rates in december, and will likely raise again in either March or April. Given that other countries are not raising rates, the likelihood of the dollar crashing is slim to none.

Well, there may be a bubble in the stock exchanges.  They are looking heavy!  A lot of that confidence is based on speculation into Trump's ability to stimulate the economy...If Trump don't produce, things may get interesting.  I don't think he will be able to produce those low skill, high wage jobs he promised his supporters....Skepticism may be needed here.

Interest rates don't just affect stock markets. They affect bond markets too. If interest rates rise, money market funds would be a nice place to place money risk-free and earn some interest. And the Americans are ahead of every where else in raising rates, so the likelihood of the dollar crashing is slim to none. In fact it might get too strong, hurting exports.

If we look to the most recent 2008 housing market correction as example of the dangers associated with over speculation and the effect it can have on the economy, we can get a better perspective.  A major market correction can have an extreme effect on the economy (1929-30...1973-74...2007-08).