TRUMP - DOLLAR

[alyssa85]

The correlation between oil and USD is close to 0%.

What % of total US debt are the Saudis holding?

And what is forcing USA to ever repay their debt?

In 2014 the Saudis had reserves of about $750bn, and it is safe to say much of that was held in US bonds. However, since the oil price collapsed from $130 to about $40, the Saudis have been selling their bonds. It is estimated that it dropped to $555bn by August 2016

It has probably dropped further since then. But their sales arn't having any effect on the dollar which has strengthened since 2014. It goes to prove that the big Wall Street bond funds are more important than overseas sovereign funds.

[1714195894]

1714195894

[Tanic]

Okay, to the post above have there been fundamental relationship of BTC and $ , because as it happened last month, as dollar go higher, btc is going up too .?

In my opinion its gonna be a bully game, another down (-20usd) on btc perhaps then up +25usd.

Bitcoin doesn't depend from dollar. So in the case when dollar go down or high - bitcoin make it's own moves. As I saw dollar doesn't loose too much in it's price, it's just stopped to constantly grow to other currencies. And I'm sure that many countries where dollar costs a lot now will say - Thanks God!

[Vaskiy]

Okay, to the post above have there been fundamental relationship of BTC and $ , because as it happened last month, as dollar go higher, btc is going up too .?

In my opinion its gonna be a bully game, another down (-20usd) on btc perhaps then up +25usd.

Bitcoin doesn't depend from dollar. So in the case when dollar go down or high - bitcoin make it's own moves. As I saw dollar doesn't loose too much in it's price, it's just stopped to constantly grow to other currencies. And I'm sure that many countries where dollar costs a lot now will say - Thanks God!

Bitcoin never gets dependence on dollar price movement. With dollar the volatility will be low compared to the bitcoin. Now bitcoin too has got lower volatility than the past days. Price dependence can be experienced only when bitcoin will be converted to the fiat.

[CyberCombat]

If Donald Trump had fought the Chinese economy, the Nikkei 225 2 would give very big losses to the launch, would it affect the bitcoin?

[Dammitt]

With Bitcoin and Dollar, I can say apart, if it makes me hard to keep both of them in the same position. Trump and the dollar are not the same bureaucracy, and if we look at it already, we have a rising dollar, in short it was higher before Trump. That's why I can say that Trump has no effect.

With Trump coming, we can say that the dollar has risen one more level. I do not think bitcoin will have much effect on this increase.