If USD falls

[shamzblueworld]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

[densuj]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Well I think it will makes price of bitcoin increase if the USD falls because it will takes impact on price of bitcoin,
we could saw the falls of Rupee on India because it, price of bitcoin becomed $1000
we can imagine if the USD falls price of bitcoin will increase more than today, many people do save values of whealty in bitcoin.

[wantjokull]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Well I think it will makes price of bitcoin increase if the USD falls because it will takes impact on price of bitcoin,
we could saw the falls of Rupee on India because it, price of bitcoin becomed $1000
we can imagine if the USD falls price of bitcoin will increase more than today, many people do save values of whealty in bitcoin.

I'm think the same way as you do. USD being major currency will impact the price of bitcoin as compared to any other currency.  Also note that most of the bitcoin users are from the background where try use USD as primary currency. On the other hand rupee of India being limited to Indian country it shown effect on bitcoin price. So we can really imagine it would drastically change the bitcoin price.

[Hydrogen]

If (when) usd falls.

People will look for things to invest their money in to prevent their wealth from losing value as the dollar falls.

Many will buy gold, silver, jewels. Some will buy color tv's, electronics since they're not bad at holding value.

Others will buy bitcoin. It could increase demand for crypto which in turn would case the value and price of bitcoin to increase.

[btcjoin14]

If the United States Dollar loses its value then I am pretty sure that people will begin to use a different Currency (Gold). Since Gold been around for a while I am pretty sure that the people in the IMF want to group Gold with something that they can build as well so they won’t feel so powerless when they make Gold as a payment option.

Bitcoin does not seem like the thing that people will want if it’s not really tied to anything.

[angaper]

I don't see a potential scenario where the US dollar falls so much because the American economy is still very important and strong, and I think it is more likely to see a great failure in the altcoin economy rather than in the American hegemony, at least for the next 30 years.

[mrcash02]

I don't see a potential scenario where the US dollar falls so much because the American economy is still very important and strong, and I think it is more likely to see a great failure in the altcoin economy rather than in the American hegemony, at least for the next 30 years.

I agree with you, there is not reason at this moment to see the Dollar falling. It's too hard to think about it now because makes no sense. Another currency would become powerful like Dollar is now, maybe Bitcoin, but only if it's used as currency and not asset as we use it now.

[Sled]

If USD falls then it will be a good one for bitcoin because the USD rate will be low and it will be a good entry point for the people who have USD to afford more bitcoin in their investment and it will help the bitcoin to get high price in the future but as of now, USD is strong and stable so it is not possible yet for USD to fall.

[pitham1]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Bitcoin is independent. We just have to look at the purchasing power of Bitcoin, not its value in USD terms.
More than anything, if the USD falls there will be a vacuum at the world level. If Bitcoin's adoption is high enough, Bitcoin may fill that vacuum.

[reuschman]

If USD would fall then that will be fruitful for Bitcoin, Bitcoin needs more space to show its power. In this current era, USD is dominating money market so if it loses its value or acceptability then Bitcoin will be the replacement of it.
But, regarding this matter, Bitcoin have to follow some strict rules and regulations.

[Farcoin12]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

The value of Bitcoin will not change if USD falls to the ground. It is like right now. 1 Bitcoin is worth 2000 USD, but worth 2700 AUD. Bitcoin will just be worth more USD when USD falls.

[MingLee]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Bitcoin is unique in the fact that it only fails when the community fails with it, in essence. As such, Bitcoin might just end up being extremely adaptable to whatever happens in the world, simply changing the currency it is pegged to from one to another, never really stuck to anything. Flavor of the century, if you may.
Savy investors may get involved with Bitcoin to protect their assets in case the USD starts to fail, and that would make the value rise, and then Bitcoin would end up pegged against something else. Basically a constant circle that never effectively resolves itself.

[Yuhee]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Bitcoin is unique in the fact that it only fails when the community fails with it, in essence. As such, Bitcoin might just end up being extremely adaptable to whatever happens in the world, simply changing the currency it is pegged to from one to another, never really stuck to anything. Flavor of the century, if you may.
Savy investors may get involved with Bitcoin to protect their assets in case the USD starts to fail, and that would make the value rise, and then Bitcoin would end up pegged against something else. Basically a constant circle that never effectively resolves itself.

Yeah and there are other currencies that can be used to convert btc. USD is just the most popular currency so we think it is just based on dollars. It might affect the entire market but btc is universal and it may fail in one region but there are other regions where it can be of use and i think its downfall would be tackled when the whole internet would crash or if just like the enigma that if a certain person can come up with a counter to notice the pattern of it's algorithm then that is it's downfall. Which i doubt it would happen.

[ekoice]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Definitely,it will effect the bitcoin value.More people would start shifting to bitcoins as a result of distrust on US dollars.Bitcoin adoption would get more,especially in america.Due to more transactions,transaction fee would also rise high.

[freedomno1]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Independent it is valued relative to other currencies so if the USD collapses it would rise relative to other currencies. It might impact the purchase decisions of individuals though depending on where they convert their currencies, example US investors would have less purchase power so the price could drop on decreasing demand unless that is offset somewhere else etc.

[ultrloa]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

It is proven that If USD will fall all ecomic aspects on all the world will falldown also and we experience that before when global ecomic crisis are occuring. And How come it has been link to bitcoins will bitcoin is standing alone as crypto currency and maybe if USD will fall then bitcoin would be one of the greater choice of those techno geek people to used for their E-transaction maybe it can give a good boost and not those bad thing that we think.

[HabBear]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

How do you define "fall to ground"?

In any event, if there's a decline in the value or global use of the US Dollar it could only affect bitcoin for the positive. People with USD holdings may choose to shift more of those holdings to Bitcoin (if not another currency).

Which fiat currency do you have the greatest exposure to?

It is proven that If USD will fall all ecomic aspects on all the world will falldown also

Where has that been proven? Please provide links or evidence....education for us. Thank you.

[AjithBtc]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Definitely,it will effect the bitcoin value.More people would start shifting to bitcoins as a result of distrust on US dollars.Bitcoin adoption would get more,especially in america.Due to more transactions,transaction fee would also rise high.

Bitcoin directly or indirectly has some dependence on USD. So always the fall of USD will make an impact on the bitcoin price. Hopefully more adoption will take place, as well a big impact will be experienced on the entire world economy if USD value continues to crash causing the value increase of the developing countries.

[pearlmen]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Let's clear that the USD will never crash to the point where other currencies you are making reference to have fallen and even of that happens I don't see any relationship it will affect bitcoin because bitcoin is independent and its just being expressed as a fiat for easy understanding and if dollars should fall, all I need to do is to change the currency of translation but also when that happens the effect will also be on other currencies as well.

[Amph]

the value of bitcoin would be higher in fiat, but since one 1 usd will be worth less the value against other currency like euro will be lower, i guess we will see more trading between bitcoin and euro or cny or other fiat currency, nothing major will change in the end