Dollar Collapse - What does it mean for Bitcoin ?

[zimmah]

exact dates are unreliable, remember when the world ended in 2000, 2006 2012, etc.?

i have heard so many predictions that never came true.

The truth is, the dollar will collapse eventually, and actually quite soon, as it is clear the dollar (and fiat in general) is nearing the end.

and this means the era of cryptocurrency will start.

It's unlikely people will use gold and silver because it's just not convenient. And crypto is then the only option if they don't want to stay with the fiat system.

Of course gold and silver will get more valuable as well, but still not as much as bitcoin.

[countryfree]

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 ?

I haven't seen any of those videos. I haven't read any of those articles. Don't you have any link if here are so many of them? I always check an info...

[JeffBrad12]

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 ?

Bitcoin will stand in another currency like the value of one bitcoin in the dollar at this time is $590 but in another currency like euro with 516 and then the dollar is collapse and we will cross out the dollar and stand in euro for the value and that is not the ending of bitcoin.

[DU30]

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 ?

I am excited to see what will happen with this.  The issue is that Bitcoin is not primarily used in the USA, so the dollar collapse will have an effect on it, but I am not really sure how much of a difference it will make.  Bitcoin is not based currency off of some gold standard, so I am not sure how exactly the impact will make it work, but I am thinking of transferring  few hundred into bitcoin to see if I can make some one off this!!
P.S.  I do not think the dollar will collapse, I just like to think of the possibilities if something like that should ever happen.

[Slark]

1. People are speculating about collapse of US monetary system long bfore any of us was born. That doesn't mean anything.
2. The longer the bubble the longer it takes to pop. USD is number 1 leading world currency for over 100 years. It might be here even after we will be dead.

But also:

1. Collapse of USD is meant to happen at some point. We will be fools to believe that crisis can be averted. The question is only when and how.
2. It will cause the biggest global economic crisis in the modern history.

[Senor.Bla]

1. Collapse of USD is meant to happen at some point. We will be fools to believe that crisis can be averted. The question is only when and how.
2. It will cause the biggest global economic crisis in the modern history.

the question for me is how hard will the crisis hit us. and i do not talk about a specific crisis. maybe it is the dollar, maybe it is something different in the financial word. my point is, that the media coverage these days is so sensational that it might seem like there is no tomorrow. so even if it is not the biggest crisis the media will make it appear so and people like always will eat it up.

[pooya87]

i hear this almost once every year and it never happens in the scales they are predicting and dolor continues being as it is.
but in case it happens i am sure bitcoin will rise up but again not as big as you may like it to rise, because there are many other things that will go up instead of dollar in case of its collapse.

[digaran2]

The dollar has been saide will collapse around 40 years. It's still doing fine and will continue to do fine.

[mkc]

Dollar has been so strong lately, why collapse? I mean you have to trust what you see, not theory.
In theory, everybody is devalue their currency, probably Euro will collapse because EU may break up, but it is  long shot.

[rubberbandloser]

If the dollar were to collapse even partially.   I believe all assets would go up when compared to the dollar, including gold, silver, stocks, bonds and bitcoin.   Just because when people panic they start moving money around.   

[TraderETH]

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 ?

Dollar will collapse, it is still prediction from another people even if it is come from experts of economic. And if it happen i think bitcoin will more famous and there are many people who use it because bitcoin does not has regulator.

[CrimBit]

i think chinese yuan will be the next power for replace dollar system, then chinese adoption bitcoin system for online transaction, use his own legal cryptocurrency, because chinese now focus at blockchain system for handle each online transaction
refference : https://www.cryptocoinsnews.com/chinas-plans-launch-currency-might-affect-bitcoin/

[Denker]

The dollar has been saide will collapse around 40 years. It's still doing fine and will continue to do fine.

Yes it's doing "fine" due to massive manipulation by the elite.
However, it doesn't need the dollar to collapse for Bitcoin becoming successful.
Bitcoin can and will coexist with the fiat currencies.And over time the pieces of the pie Bitcoin can get will be bigger and bigger.
That's totally fine to me.

[pearnapple]

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 ?

I haven't seen any of those videos. I haven't read any of those articles. Don't you have any link if here are so many of them? I always check an info...

just google it, there are a lot of stuff written about the dollar and that it is going to collapse soon, maybe not that fast but soon

edit: here it is https://www.youtube.com/watch?v=9Z5py1098RA though i doubt he can predict the date 100 per cent

[Sir Alpha_goy]

Bitcoin owes it's very existence to fiat currencies.

Without them Bitcoin is worth zero dollars in the eyes of the community.

Until Bitcoin is given worth otherwise I can believe nothing else.

[pinkflower]

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 ?

Please provide a better argument and analysis for the collapse of the dollar and then we can discuss what it would mean for Bitcoin. We have already seen this and heard of this before. But up until now the US Dollar is still the reserve currency. As long as America remains a super power the Dollar will remain as the reserve currency. George Soros and his Illuminati friends will see to that.

[electronicash]

don't it mean like bitcoin shall also collapse?
I would consider betting on binary option if that happen.  if lets say BTC/USD is going down, it should mean that EUR/USD can have a bull trend right?

[pooya87]

Bitcoin owes it's very existence to fiat currencies.
Without them Bitcoin is worth zero dollars in the eyes of the community.
Until Bitcoin is given worth otherwise I can believe nothing else.

with that logic, gold, stocks and oil are also owing their existence to fiat currencies and without them they would go to zero something that we all know is not right and is the exact opposite. meaning they would go higher when dollar collapses.

[arwin100]

Bitcoin owes it's very existence to fiat currencies.
Without them Bitcoin is worth zero dollars in the eyes of the community.
Until Bitcoin is given worth otherwise I can believe nothing else.

with that logic, gold, stocks and oil are also owing their existence to fiat currencies and without them they would go to zero something that we all know is not right and is the exact opposite. meaning they would go higher when dollar collapses.

And how could they take the advantage for dollars collapsing?  Do you see what happen on global financial crisis all nations are affected to that and maybe a crisis again will be happen if usd will crash. , and another maybe if dollars will crash a  big possibilities that bitcoin or any goods will be collapsed also because we all know that bitcoins are at dollars based price we cannot tell what worse will be happen to it when that bad scenario will be really happen in the near future.

[davis196]

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 ?

US dollar won`t colapse.USA is still the biggest economy in the world and the largest buyer.

All the other big countries like China and Germany export goods to USA and they need a strong USD.

More than a half of the world is using US dollars.There is no way USD to colapse.