TRUMP - DOLLAR

[MWesterweele]

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.

[Shady]

Just lik with precious metals reducing or climbing based on currency standard, it's acceptable to assume both and the latter will shoot up with the same circumstances.

It's unlikely to predict that it'll always be this way, just be sure to stick with the long term and adopt new technologies as they come in.

[bamboylee]

Currency value is not the single factor that determines if the state of the country is strong or not. US Dollar going down or up is not the single factor that can cause bitcoin value to go up or down.

[Sundark]

Currency value is not the single factor that determines if the state of the country is strong or not. US Dollar going down or up is not the single factor that can cause bitcoin value to go up or down.

The only factor I deem worthy of being indicator of strength of currency is its purchasing power.
Many small countries with weak economy adopted US dollar as their currency, for instance Cyprus is using GBP and Ecuador, El Salvador or Palau use USD.

[aesma]

Cyprus is an Euro country.

If Trump's budget is expansionary, they'll raise rates even faster. Other countries arn't raising rates, so the dollar will strengthen. It is as simple as parking your money where the interest rates are high but also secure.

If Trump spends like there is no tomorrow, I wouldn't call US bonds secure. High inflation means bonds are worth less.

[aardvark15]

Since Bitcoin is  not tied to any country, it's hard to tell if the US dollar will have a direct affect on the price of Bitcoin. I think the US economy in general may have an affect since it influences economies around the world.

[morantis]

bitcoin is affected by the power of the trades behind and the stupidity of those traders.  look at yobit and the trump coin.  they are still trying to pull that one out of their ass after being directly told that the private exchanges not only full dumped the coin, they denied its future inclusion in trade sessions, and, as the price falls, they are still trying to maintain a price above white-trash coin.

[Qunenin]

Since Bitcoin is  not tied to any country, it's hard to tell if the US dollar will have a direct affect on the price of Bitcoin. I think the US economy in general may have an affect since it influences economies around the world.

But we always compare bitcoin price with dollars. Like 1 bitcoin is that much dollars. So if dollar value decreases, bitcoin will be worth more dollars and will be more stronger. It is however indirectly related.

[rjclarke2000]

88 bloody 8

[Immakillya]

I really dont know whats the relation of dollar to bitcoin. How can bitcoin will surge its price when dollar drops its value? Bitcoin can turn into different currency. Not on dollars only. We can switch to other currency if we want to. Maybe if massive adoption of bitcoin occurs. Demand of fiat will weaken. Is that what you think?

[jtipt]

Dollar is going down again..

Is this positive for bitcoin price?

MOON ?

The dollar drop is just temporary and very less so I don't think it would have an affect on the bitcoin price, but if it does most likely it would make bitcoin drop a bit but nothing much because majority of bitcoin trades are in China.

[marcoman22]

We all know US Dollars is in its final stage as a Global Reserve Currency. Whatever trump does, he cannot change this situation.China and Russia are eagerly waiting to see the dollar collapse. As we see throughout the history, when there is a economic crisis, people rush to move their holdings into a much secured asset or commodity.Now, there are two chances for them, either gold or Bitcoin.Though gold has been there for centuries, it has also faced huge decline in price value in dollars.It cant be easily transformed from one place to other like currency.There remains the other option Bitcoin.Bitcoin will be their choice because of its finite supply and ability to increase its own value within its own technological advances.Many thousands of jobs and businesses will be made directly and indirectly based on Bitcoin technology over the next several years worldwide.Surely, Bitcoin will win by a very technical knockout.Definitely, its a great positive effect for Bitcoin.

[Mr.grin]

we do not know to this day, because the price of bitcoin is not currently show a definite rise. the price of the dollar is also not known whether it will last, or if it's just temporary. but, if such it was, I think bitcoin prices will rise in a few days.

[MFahad]

We all know US Dollars is in its final stage as a Global Reserve Currency. Whatever trump does, he cannot change this situation.China and Russia are eagerly waiting to see the dollar collapse. As we see throughout the history, when there is a economic crisis, people rush to move their holdings into a much secured asset or commodity.Now, there are two chances for them, either gold or Bitcoin.Though gold has been there for centuries, it has also faced huge decline in price value in dollars.It cant be easily transformed from one place to other like currency.There remains the other option Bitcoin.Bitcoin will be their choice because of its finite supply and ability to increase its own value within its own technological advances.Many thousands of jobs and businesses will be made directly and indirectly based on Bitcoin technology over the next several years worldwide.Surely, Bitcoin will win by a very technical knockout.Definitely, its a great positive effect for Bitcoin.

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

[JakaE]

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

Explain how anti-Muslim policies will drive the USD down? The majority sees them as a good thing.

[valta4065]

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

Explain how anti-Muslim policies will drive the USD down? The majority sees them as a good thing.

Lol,
you know who owns oil? 
That's right, not the Christians

[JakaE]

Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency.

Explain how anti-Muslim policies will drive the USD down? The majority sees them as a good thing.

Lol,
you know who owns oil?  
That's right, not the Christians

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

[alyssa85]

The answer is: It is too soon to tell.

First we need to see what a Trump budget has to tell us. If it is expansionary, then the Fed may raise rates faster than they were going to.

If interest rates rise in the US but not elsewhere, then the dollar will strengthen. People like holding their money in currencies where you can get interest.

So it all hinges on Trump's first budget, but he hasn't even got his Commerce secretaruy confirmed yet, so we have a while to wait.

[MatDerKater]

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

What % of total US debt are the Saudis holding?

[JakaE]

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?