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Author Topic: If the US dollar crashed, would it affect bitcoin in any way?  (Read 6703 times)
leowonderful
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February 07, 2016, 01:52:24 AM
 #81

if usd crashed, people with usd on bitcoin exchanges would start buying bitcoin.. then btc would rise.
A USD crash could bump up the value of bitcoin temporarily.
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February 07, 2016, 02:17:43 AM
 #82

I think if it will happen there's no effect in bitcoin they are not the same and i think the bitcoin will be popular if it will happen.
But its impossible that the us dollar will be crashed this year or even in the future because us dollar is our main money world wide. so its impossible..

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BlackPanda
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February 07, 2016, 03:04:03 AM
 #83

it is very possible. because the benchmark price of bitcoin is USD dollar. and when the dollar weakens against other currencies we are using currencies other than the dollar could feel a huge profit.
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February 07, 2016, 06:06:47 AM
 #84

I don't think it will affect bitcoins in any major way because bitcoin is like gold and the price might increase when a crash happens.
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February 07, 2016, 06:41:56 AM
 #85

it will crash alongside it. they go hand in hand.
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February 07, 2016, 06:47:18 AM
 #86

I don't think it will affect bitcoins in any major way because bitcoin is like gold and the price might increase when a crash happens.

You cannot take away a big part of the market valuation and expect it not to crash at least for a short term, there would be no chance of an increase until China was fearful that they was next and put all there money in btc. The most likely event would be the real gold would rocket with the smart money being invested. Lets hope the dollar stays around for awhile longer which ihave no doubt it will.


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February 07, 2016, 01:51:19 PM
 #87

The dollar crashing would create chaos in a global scale.
Don't bother about bitcoin when it happends. bother about your life, because it would impact your life big time.

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February 07, 2016, 01:58:30 PM
 #88

Really there will be a big crash for bitcoin too if the dollar crashes. Such incident won't take place that easy. US dollar has a great connection with the world economy, so when world market gets disturbed surely we can see impacts on bitcoin

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February 26, 2016, 10:29:44 AM
 #89

If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.
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February 29, 2016, 07:51:13 PM
 #90

If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.

In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.
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February 29, 2016, 08:16:23 PM
 #91

If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.

In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.

unlikely to happen, those are strong fiat currency, at best you can hope for weak fiat currency to collapse and be overpowered by bitcoin

also bitcoin can be used more without the need of strong fiat to collapse
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February 29, 2016, 08:35:40 PM
 #92

If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.

In the future, when the US dollar or Euro or Chinese Yuan crashes, people will buy bitcoin. It is much safer.

unlikely to happen, those are strong fiat currency, at best you can hope for weak fiat currency to collapse and be overpowered by bitcoin

also bitcoin can be used more without the need of strong fiat to collapse

atleast some of us get the difference between a stronger fiat currency lol.

I wont live around to see the US dollar fail if the dollar has been going failing since forever, so its safe to say ill be using my bitcoin before I die then hoping to beat us dollars lol.
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March 15, 2016, 02:46:44 PM
 #93

I think the bitcoin will rise a lot in dollar terms.
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March 15, 2016, 04:19:46 PM
 #94

Yes surely the crashing of dollar will make some impact on the bitcoin price as well growth. The price impacts will affect only the users who use bitcoin by exchanged fiat.

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April 02, 2016, 06:50:16 PM
 #95

The price of bitcoin is in inverse relationship with the fiat or th eUS dollar. So when the dollar crashes, the bitcoin price will rise.
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April 02, 2016, 08:05:35 PM
 #96

I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.
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April 24, 2016, 08:38:31 PM
 #97

I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.

In longer term, the value of US dollar will decrease due to the increase of monetary supply faster than the GDP.
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April 24, 2016, 09:12:40 PM
 #98

I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.

In longer term, the value of US dollar will decrease due to the increase of monetary supply faster than the GDP.

Take in effect that the debt ceiling is also making the us dollar look weak. Printing money etc. is a direct enemy of the us monetary system.
In a few years it will collapse like many guru's have predicted.

This gives other currencies like bitcoin a perfect chance to be in the spotlight.

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April 24, 2016, 09:32:29 PM
 #99

In case of a dollar crash, it is undoubted that people would look for another option to protect their capital, and some commodities and metals would become the first option to be taken into account for most desperate persons, but only smart investors would turn to altcoins and their interest perhaps could be enough to increase the value of bitcoin.
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April 24, 2016, 09:35:00 PM
 #100

In case of a dollar crash, it is undoubted that people would look for another option to protect their capital, and some commodities and metals would become the first option to be taken into account for most desperate persons, but only smart investors would turn to altcoins and their interest perhaps could be enough to increase the value of bitcoin.
Most investors would dive towards gold and silver, driving their value up, but there are some people who might look towards Bitcoin as a haven for their assets, simply because they're value won't rise as rapidly as precious metals and they could buy more for a cheaper value (at least initially). It would be good for everyone to diversify their investments, but if necessary people will dump their money into whatever they see others find value in.
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