What if US Dollar Crashes?

[socks435]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

I also think same. I guess the dollar have the biggest and largest  market Cap  than bitcoin and so it is so impossible to happen so.
Bitcoin can beat US Dollar so easily.

For me it is impossible bitcoin is just alternative currency and they can not beat usd since it is a main currency wordwide..  bitcoin is just like other currency and you can only use bitcoin currency online if there is no internet we can not use it..

[MMA]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

I also think same. I guess the dollar have the biggest and largest  market Cap  than bitcoin and so it is so impossible to happen so.
Bitcoin can beat US Dollar so easily.

i think bitcoin is not going to beat USD, bitcoin is mostly for online purpose, and still the use of bitcoin is not too much, as majority of people are not using bitcoin they even do not know anything about bitcoin, and those people who are using bitcoin they are also using it as secondary option and mostly they also use thier fiat currency.

[Ossidalm]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

I also think same. I guess the dollar have the biggest and largest  market Cap  than bitcoin and so it is so impossible to happen so.
Bitcoin can beat US Dollar so easily.

i think bitcoin is not going to beat USD, bitcoin is mostly for online purpose, and still the use of bitcoin is not too much, as majority of people are not using bitcoin they even do not know anything about bitcoin, and those people who are using bitcoin they are also using it as secondary option and mostly they also use thier fiat currency.

In the futuere, 99% of the transactions will be online. So the bitcoin will be used more than the fiat.

[Rostadom]

In the futuere, 99% of the transactions will be online. So the bitcoin will be used more than the fiat.

Transactions going online doesn't guarantee anything about bitcoin. Online transactions might be enforced by the government in the far future but the government doesn't care about bitcoins. However, at that point, most people would surely know what bitcoins is and a huge percentage of the population would start using it. But most would still use fiat even when the transaction is online since bitcoin still has transaction time issues.

[ethereumhunter]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

its true and many country has used dollars for their guide in the economic of the country. if dollar is really crashes then we can see all of the economic country will be chaos and the government don't want this to be happen so they will prevent from many ways.

[neochiny]

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?

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

If U.S dollar crashes surely the world economy will feel the effect of it.
but when that happens people will just use the next most popular currency
while the government will try to regain the fallen currency or just create
a new one.

[STT]

A disorderly market is what they always refer to avoiding.   The whole point of the federal reserve to begin with was to avoid the extremes of panic sales, if they cannot at least do that much then the whole idea is a failure and they are facing a scrapping of a privately run central bank such as they are (private in name like the fannie mae mortage scheme was and now isnt)

The domino effect you are talking about will cause stock markets to crash before all. Bitcoin is nowhere in this causal chain of events. If only the US dollar crashes or gets heavily but relatively gradually devalued (which is a better option overall), Bitcoin will actually profit from such a fall in the value of the dollar. People will frantically search for a safe haven, and while gold is often claimed to be that, I don't think that many ordinary people will be able to buy it, unlike Bitcoin...

Essentially the same thing happened when the Central bank of China started to slowly and gently devalue the Chinese Yuan some two years ago

I think gold is more familar to people worldwide then bitcoin so that may gain a premium.   The price of bitcoin will rise anyway as the value of dollar falls, thats just because the supply of dollars will rise and so every price rises.    With so many bonds issued, all are payable in dollar notes ultimately so there is alot of inflation locked away not seen just like the arctic ice contains so much water it could flood out many countries and their coast lines if ever released.   The problem is already there and everybody knows there is too much debt but right this moment its not liquid and circulated and so inflation is not apparent and prices are not rising (massively).
   A crash would only be a realisation of the problem in immediate terms, long term its mostly a certainty unless they discover giant amounts of utility to raise GDP like free nuclear power or something extreme.   Last news is low gdp growth and the dollar will fail vs bitcoin vs gold or any other reasonably secure standard of value and transaction

[markyminer]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

its true and many country has used dollars for their guide in the economic of the country. if dollar is really crashes then we can see all of the economic country will be chaos and the government don't want this to be happen so they will prevent from many ways.

in fact USD is one of the most strongest fiat currency of the world, and the reason is the economic conditions of those countries who are using it, therefore i think in present time we even cannot think about the USD crash, instead it is going more stronger and stronger from time to time.

[ZlaiaZaia]

Of course you can and worry about the future of the dollar, but I think that we should not overestimate the danger. Dollar no one ever will win. All sorts of trouble can be expected, but the dollar all survive.

[one-day0]

"The dollar will collapse" - that in recent years we hear from all sides. The US economy is bloated. The falling dollar makes it possible to predict that in the US a huge budget deficit. But I understand that the information is exaggerated.

[PanZerrr]

"The dollar will collapse" - that in recent years we hear from all sides. The US economy is bloated. The falling dollar makes it possible to predict that in the US a huge budget deficit. But I understand that the information is exaggerated.

I am sure that this exaggeration and lies. Dollar steady as ever and there are no prerequisites to ensure that it will collapse. In the near future it is certainly not going to happen

[elena-tur]

"The dollar will collapse" - that in recent years we hear from all sides. The US economy is bloated. The falling dollar makes it possible to predict that in the US a huge budget deficit. But I understand that the information is exaggerated.

I am sure that this exaggeration and lies. Dollar steady as ever and there are no prerequisites to ensure that it will collapse. In the near future it is certainly not going to happen

The population and the big players prefer to keep their capital in dollars and in euros. Perhaps when the time comes bitcoin, then there will be three stable currency.

[eminem90]

In the futuere, 99% of the transactions will be online. So the bitcoin will be used more than the fiat.

Transactions going online doesn't guarantee anything about bitcoin. Online transactions might be enforced by the government in the far future but the government doesn't care about bitcoins. However, at that point, most people would surely know what bitcoins is and a huge percentage of the population would start using it. But most would still use fiat even when the transaction is online since bitcoin still has transaction time issues.

The dollar exchange rate depends on American investment in foreign economies. On the dollar will also affect the balance of exports / imports of the United States, the country's external debt, which is huge and is growing. Internal and external debt, as well as a huge budget deficit - is undermining the credibility of the dollar.

[maister77777]

"The dollar will collapse" - that in recent years we hear from all sides. The US economy is bloated. The falling dollar makes it possible to predict that in the US a huge budget deficit. But I understand that the information is exaggerated.

I am sure that this exaggeration and lies. Dollar steady as ever and there are no prerequisites to ensure that it will collapse. In the near future it is certainly not going to happen

The population and the big players prefer to keep their capital in dollars and in euros. Perhaps when the time comes bitcoin, then there will be three stable currency.

In Europe, there are serious problems which are not present in the United States. In some countries of the Europe, internal instability, the financial crisis, a large external debt (as in the US.)  The dollar depreciated last ten years at least 40% or 50% .And yet global economic crisis significantly supported the dollar.

[Babayega31]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

If ever usd crashes many investors will be affected and specially bitcoin will also affected with its domino effect because worldwide relies on dollar rate as with the currency exchange rates. But it was just expeculations it would never happen that dollar will crash because its the one nutralizing the worlds currency without it exchange rates will not move as well as bitcoin economy there is no economic movement if dollar will crash.

[Positid]

I think bitcoin will replace if us dollars crash if ever it happens the one who have bitcoin will earn more profit but i think its very impossible because dollar is the main currency of U.S and it will affect their economy

It will never be, US dollar is strong. Let's imagine your scenario if US dollar crashes, it is not only the US country itself would get affected but also the entire world. US is one of the country with a great economy and we know that all.

Yes, dollar will never be ever crashed since there are many supports around it, and on depending on its economy. Dollar has been there for many decades

If ever usd crashes many investors will be affected and specially bitcoin will also affected with its domino effect because worldwide relies on dollar rate as with the currency exchange rates. But it was just expeculations it would never happen that dollar will crash because its the one nutralizing the worlds currency without it exchange rates will not move as well as bitcoin economy there is no economic movement if dollar will crash.

It's a currency of a big country, so probably the effect is also huge. There are countries that relies on foreign investment, and they should be affected to much with what will happen, and bitcoin as well of course.

[justdimin]

"The dollar will collapse" - that in recent years we hear from all sides. The US economy is bloated. The falling dollar makes it possible to predict that in the US a huge budget deficit. But I understand that the information is exaggerated.

I am sure that this exaggeration and lies. Dollar steady as ever and there are no prerequisites to ensure that it will collapse. In the near future it is certainly not going to happen

The population and the big players prefer to keep their capital in dollars and in euros. Perhaps when the time comes bitcoin, then there will be three stable currency.

In Europe, there are serious problems which are not present in the United States. In some countries of the Europe, internal instability, the financial crisis, a large external debt (as in the US.)  The dollar depreciated last ten years at least 40% or 50% .And yet global economic crisis significantly supported the dollar.

For many year now the dollar has been the international currency and even if it has been decreasing in terms of price against the euro, it is still used as so , but I think with the upcoming trump policy the dollar might go down significantly, and that will have an impact on the global economy and it will lead to tough times.

[deisik]

The domino effect you are talking about will cause stock markets to crash before all. Bitcoin is nowhere in this causal chain of events. If only the US dollar crashes or gets heavily but relatively gradually devalued (which is a better option overall), Bitcoin will actually profit from such a fall in the value of the dollar. People will frantically search for a safe haven, and while gold is often claimed to be that, I don't think that many ordinary people will be able to buy it, unlike Bitcoin...

Essentially the same thing happened when the Central bank of China started to slowly and gently devalue the Chinese Yuan some two years ago

I think gold is more familar to people worldwide then bitcoin so that may gain a premium.   The price of bitcoin will rise anyway as the value of dollar falls, thats just because the supply of dollars will rise and so every price rises.    With so many bonds issued, all are payable in dollar notes ultimately so there is alot of inflation locked away not seen just like the arctic ice contains so much water it could flood out many countries and their coast lines if ever released.   The problem is already there and everybody knows there is too much debt but right this moment its not liquid and circulated and so inflation is not apparent and prices are not rising (massively)

There is demand, and there is solvent demand

The first is ultimately irrelevant while it is the second that actually matters. Basically, the same with gold and Bitcoin. People certainly know a lot more about gold than Bitcoin en masse, but let's be honest, how many of them are actually going to buy physical gold when the shit finally hits the fan? I don't think that many. While buying Bitcoin is a trivial thing in itself, which you can do in a whole variety of ways (exchanges, web wallets, localbitcoins), and all of them end up with you holding the same bitcoins. Consequently, gold is not for the masses, whereas Bitcoin cuts it perfectly in this department (as people's choice for a store of value)

[mrbigmugs]

The domino effect you are talking about will cause stock markets to crash before all. Bitcoin is nowhere in this causal chain of events. If only the US dollar crashes or gets heavily but relatively gradually devalued (which is a better option overall), Bitcoin will actually profit from such a fall in the value of the dollar. People will frantically search for a safe haven, and while gold is often claimed to be that, I don't think that many ordinary people will be able to buy it, unlike Bitcoin...

Essentially the same thing happened when the Central bank of China started to slowly and gently devalue the Chinese Yuan some two years ago

I think gold is more familar to people worldwide then bitcoin so that may gain a premium.   The price of bitcoin will rise anyway as the value of dollar falls, thats just because the supply of dollars will rise and so every price rises.    With so many bonds issued, all are payable in dollar notes ultimately so there is alot of inflation locked away not seen just like the arctic ice contains so much water it could flood out many countries and their coast lines if ever released.   The problem is already there and everybody knows there is too much debt but right this moment its not liquid and circulated and so inflation is not apparent and prices are not rising (massively)

There is demand, and there is solvent demand

The first is ultimately irrelevant while it is the second that actually matters. Basically, the same with gold and Bitcoin. People certainly know a lot more about gold than Bitcoin en masse, but let's be honest, how many of them are actually going to buy physical gold when the shit finally hits the fan? I don't think that many. While buying Bitcoin is a trivial thing in itself, which you can do in a whole variety of ways (exchanges, web wallets, localbitcoins), and all of them end up with you holding the same bitcoins. Consequently, gold is not for the masses, whereas Bitcoin cuts it perfectly in this department (as people's choice for a store of value)

yes that is right but i think bitcoin is now introducing in all over the world and people are really appreciating bitcoin and welling investing thier money here in bitcoin.

[abel1337]

The domino effect you are talking about will cause stock markets to crash before all. Bitcoin is nowhere in this causal chain of events. If only the US dollar crashes or gets heavily but relatively gradually devalued (which is a better option overall), Bitcoin will actually profit from such a fall in the value of the dollar. People will frantically search for a safe haven, and while gold is often claimed to be that, I don't think that many ordinary people will be able to buy it, unlike Bitcoin...

Essentially the same thing happened when the Central bank of China started to slowly and gently devalue the Chinese Yuan some two years ago

I think gold is more familar to people worldwide then bitcoin so that may gain a premium.   The price of bitcoin will rise anyway as the value of dollar falls, thats just because the supply of dollars will rise and so every price rises.    With so many bonds issued, all are payable in dollar notes ultimately so there is alot of inflation locked away not seen just like the arctic ice contains so much water it could flood out many countries and their coast lines if ever released.   The problem is already there and everybody knows there is too much debt but right this moment its not liquid and circulated and so inflation is not apparent and prices are not rising (massively)

There is demand, and there is solvent demand

The first is ultimately irrelevant while it is the second that actually matters. Basically, the same with gold and Bitcoin. People certainly know a lot more about gold than Bitcoin en masse, but let's be honest, how many of them are actually going to buy physical gold when the shit finally hits the fan? I don't think that many. While buying Bitcoin is a trivial thing in itself, which you can do in a whole variety of ways (exchanges, web wallets, localbitcoins), and all of them end up with you holding the same bitcoins. Consequently, gold is not for the masses, whereas Bitcoin cuts it perfectly in this department (as people's choice for a store of value)

yes that is right but i think bitcoin is now introducing in all over the world and people are really appreciating bitcoin and welling investing thier money here in bitcoin.

Many newbie bitcoiners has attracted with the bitcoin price and some newbies are investing a large quantity of money for bitcoin. The demand now is so high thats why the price is too high now. Price bubble takes action.