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Author Topic: Dollar Collapse - What does it mean for Bitcoin ?  (Read 2984 times)
dihari
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August 22, 2016, 11:21:48 AM
 #21

Really? 27? Who' Said that?
No one can predict what will happen on the market especially predict the date.

And for your question, bitcoin price is based on dollar rate.
I think bitcoin will get in high position, because of demand will increase from peoples with another fiat.
They change their money for dollar, and then buy bitcoin.

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August 22, 2016, 11:33:50 AM
 #22

Seems more like a big conspiracy theory than a real event.
I also think in the similar fashion.
[...]
If that is a conspiracy there, than this maybe a good time to buy.
Don't use big words if you don't know what they mean please, gentlemen.
Conspiracy does not mean "something that's not true"
Yes, you right but where did you get the impression that we dont know the meaning of this word? Conspiracy is or maybe real but from its fundamentals turns out that its unreliable and non constant. Some thing may go wrong and conspirators will forfeit their plan, human factor or any other may cause the plan to go sideways etc.
Ergo, even if real the consequences are hard to predict.
Besides traces of conspiracy will be hidden for long time after, so we cant say anything for sure.


I'm still not convinced you know what "conspiracy" means. You've changed from "things that aren't true" to "things that may or may not be true".

Genuine conspiracies are both proven and disproven, every week (maybe even every day) in legal courts all over the world. The definition of the word has nothing to do with any certainty in provenance. It's an adverb (not the adjective as you keep using it) that describes a form of planning.

Vires in numeris
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August 22, 2016, 11:40:00 AM
 #23

i don't trust these speculations to be honest as it really uncertain and can't be proven but i guess when dollar getting collapsed those dollar holders will moving their wealth to bitcoin and will result increase in demand so definitely a price rising
beside all of it,the speculation is not really bothering me because it's unreasonable so don't care too much to this news i guess

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August 22, 2016, 12:51:26 PM
 #24

There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
I'm not sure how exactly they got this date, even If it's not the real date, It seems like a lot of experts keep saying that a collapse is coming soon.

Assuming that the Dollar collapse indeed , what does it mean for Bitcoin exactly ?

these have been mostly youtube videos like this https://www.youtube.com/watch?v=9Z5py1098RA and honestly i don't find it as a proof of anything collapsing, maybe some drop hype but not a collapse and all these news looks more like a hoax go me, but it is just my opinion.

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August 22, 2016, 12:58:19 PM
 #25

I do believe that the dollar wont collapse for now. But if its happen bitcoin will go up. Like what happen in China, when their economy collapse the bitcoin fly to the moon.

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August 22, 2016, 12:59:00 PM
 #26

there is always the possibility of solar flares disrupting the powergrid. im praying this happens later than sooner but its good to be prepared with food and water just in case
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August 22, 2016, 03:27:59 PM
 #27

There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
I'm not sure how exactly they got this date, even If it's not the real date, It seems like a lot of experts keep saying that a collapse is coming soon.

Assuming that the Dollar collapse indeed , what does it mean for Bitcoin exactly ?

wow, they should have big confidence to say that date. but it's still not 100% proof until 27 September.

if it will happen, bitcoin will worth more, the price will increase, and this is what we all are waiting.

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August 22, 2016, 03:33:19 PM
 #28

but question is will dollar collapse?


alot said same for the GBP that it will crash because of brexit but it picked up in value again
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August 22, 2016, 04:08:52 PM
 #29

There is a lot of videos and articles around the web about how the dollar will collapse on 27 September 2016.
September is really near and there is no any sign of dollar collapsing soon but i have also heard that one day market will not remain USD dominated so may be we will see BTC dominated market.  Wink

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August 22, 2016, 04:20:53 PM
 #30

Let's hope it's not true. Historically, every time there has been a global economic "collapse" there has been a major war that killed a bunch of young people.

Wait a minute, I'm older now and can't be drafted so I don't really care. I hope there's a dollar collapse. lol

Bitcoin relies on a solid global infrastructure. Providing the crash does not harm the infrastructure Bitcoin uses (consistent electricity, Internet service, bandwidth, etc.) then Bitcoin could do quite well. Unfortunately, infrastructure survival in a major crisis is anybody's guess.

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August 22, 2016, 04:51:33 PM
 #31

a precise prediction like that is almost certainly bullshit. unless something big is going to happen and you know it already, which i doubt since you would not talk about it or i would be possible to prevent it. but if the dollar crashes then the USD/BTC price will rise, but any other currency XXX/BTC should be more or less stable.   

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August 22, 2016, 04:56:06 PM
 #32

People will simply look for other options to land on as being a safe haven. Gold will most likely receive the major part of the attention and the money coming in, but I'm sure Bitcoin will lift up as well. Especially because of the fact that they can set the government off side via this way.
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August 22, 2016, 05:03:27 PM
 #33

People will simply look for other options to land on as being a safe haven. Gold will most likely receive the major part of the attention and the money coming in, but I'm sure Bitcoin will lift up as well. Especially because of the fact that they can set the government off side via this way.

this is what i am also thinking. in case what op says comes true people will go to other familiar things like Gold, or other currencies like Euro they will not suddenly start thinking bitcoin is a good investment and lets do it. although bitcoin may feel the effects too and go higher.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 22, 2016, 05:06:59 PM
 #34

People will simply look for other options to land on as being a safe haven. Gold will most likely receive the major part of the attention and the money coming in, but I'm sure Bitcoin will lift up as well. Especially because of the fact that they can set the government off side via this way.
it did nor happen yet, but every time such a thing happens, people look for alternatives. so some of them will check bitcoin. let us hope the will educate them self properly and pray for the community to behave decent.

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August 22, 2016, 05:07:26 PM
 #35

I'm not sure, there are too many variables but the USD is at its lowest value in a long time. I'm 100% pro bitcoin & a HODLER but if Trump gets in the dollar will do very well. It can't do any worse can it?

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August 22, 2016, 06:32:46 PM
 #36

I dont think it will give any effect or impact to bitcoin, bitcoin doesnt rely on dollar or any currency, bitcoin is the depend on the user and how the user spend the coin, so there wont be any chaos or panic if the dollar crash, but if the dollar crash, i will have more dollars if i sell the coin and if i wait for the right timing to trade it, then maybe I can earn some profit
well i think it would grow a little bit more if dollar goes down because more people would jump into bitcoins then




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August 22, 2016, 08:19:53 PM
 #37

Sounds like another date that will come and go, the internet is full of doomsday predictors  Shocked
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August 22, 2016, 08:27:07 PM
 #38

I don't think it will affect bitcoin at all....
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August 22, 2016, 09:11:25 PM
 #39

OSS, there have been videos predicting the demise of everything since the beginning of videos,  and they sound nice but they're mostly made by prepper whackos who want the value of precious metals to rise.  If the dollar collapses, metals would definitely rise, but I'm not so sure about bitcoin.  In either case I'm definitely not looking forward to the collapse if/when it happens.   That's bad news for all of us.

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BillyBobZorton
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August 22, 2016, 09:42:07 PM
 #40

Sounds like another date that will come and go, the internet is full of doomsday predictors  Shocked
Those are the guys making the most money out of the dollar collapse other than the oligarcs and big investors like soros and the smart people in hedge funds: the doomsday type of guys like alex jones.

Im not saying the dollar will not collapse but common, its going to take a while.
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