If USD falls

[kevinn669]

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 dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately

USD is still too much strong and i do not think that it is going to fail, still USD is one of the most popular currency of the world, and it will continue as number one currency for a long time because still majority of the states are depending on USD for their economics.

I do not live in the US, but in my country the dollar is very popular. Many people convert their national currency into a dollar to avoid inflation. For them, the dollar is the standard of stability. That's why I'm sure that the dollar is not threatened with falling

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[stompix]

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?

There is a difference between fall and fail, the dollar is losing ground every single year, other countries no longer consider the Us dollar as the best currency to have their reserves on, and now they are storing other currencies as a reserve currency, the problem is those other currencies are not solid either, the euro is going to disappear at some point, and any other currencies are not really a better option.

That is not true.
Actually the weight of the $ as a reserve currency has increased slightly since 2009.

And far too many people are singing the swan song for the euro.
There are thousands of predictions the euro and the euro would die in 2009 2010 2011 and it's 2017 and the economic growth in the EU is still strong and defies all the prophets. 

[xLittlegirly]

If USD falls it may impact BTC also because we have most of the investors from US.

[MMA]

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 dollar is decreasing year after year and it can't fail too much, it fails slowly but it won't much noticeable.
We should be sure that bitcoin is valued in fiat so if something in fiat world happens it affects the value of bitcoin immediately

USD is still too much strong and i do not think that it is going to fail, still USD is one of the most popular currency of the world, and it will continue as number one currency for a long time because still majority of the states are depending on USD for their economics.

I do not live in the US, but in my country the dollar is very popular. Many people convert their national currency into a dollar to avoid inflation. For them, the dollar is the standard of stability. That's why I'm sure that the dollar is not threatened with falling

actually USD is one of the most popular fiat currency of the world. not only in your country but in every country USD is more popular and consider as one of the most reliable and trusted currency of the world. most of the people are using USD as for investment in my country because we can even see some fluctuation in the price of bitcoin some time it also give us a good profit, in my count 1 USD is equal to 108 PKR. and with the passage of time its price is increasing.

[hurain]

If USD falls it may impact BTC also because we have most of the investors from US.

but i do not think that it will have any impact on bitcoin, because bitcoin has a very separate system and do not have any concern with USD, Bitcoin is a universal crypto currency, while USD s fiat and decentralize currency.

[omonuyak]

Definitely, if united states of American dollars [ USD] fall is going to affect bitcoin and others crytocurrency because we easily know the value of bitcoin through USD. USD as world major currency has a great impact on any others money be it fiat or crytocurrencies.

[tabas]

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?

USD will take a lot of effect from it's subordinate and one of it is bitcoin. And USD is very independent that's why other currencies are basing their economy to them. USD has fallen for sometime and it made a lot of countries suffer also a financial crisis. So they have big part for each countries economy including crypto.

[ocid]

As we know as long as this usd is the main currency, Although every country has a different currency but everything follows the value movement from usd.
So also on bitcoin if usd its fall value can affect bitcoin value even in my opinion with fall of usd value it will effect on bitcoin so its value can increase.

[bestluck]

I am also of the opinion that the price of bitcoin will increase more higher because many people have their money invested in dollar and some have saved their money in dollar but when the price of dollar will fall then people will search for other good currency which will be easily used for international use then they will find bitcoin for that purpose.

First tell me how it will fail.it is not computer code which will be affected by something.price of usd may fall with respect to some other currencies but will never fail. Do not misunderstand usd and bitcoin , bitcoin has become a new investment asset but it cant take place of usd as it is not stable

Currencies are certainly not computer code

But that doesn't mean that they can't fail. Even whole countries can fail, they are called "failed states". For example, Somali is considered a failed state, while Zimbabwean dollar a failed currency. A failed currency means that no one gives a fuck about it, i.e. no one is going to exchange even shit for it. If you think that the US dollar is somehow conceptually different from its Zimbabwean cousin, you may have to reconsider your point

^This.

Fiats are currently safe to hold your wealth in because people perceive as it being safe. As soon as people panic due to some sort of negative news, then fiat will collapse. The financial crisis in 2008 came close to disrupting the whole debt cycle, but they decided to bail out the banks by printing more and more fiat.

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 the bitcoin currency is a crypto currency and is not dependent on any economy so in the even that the US currency does fall, it will just make the bitcoins currency rise up against the US Dollar and that will be it.

I am also of the opinion that the price of bitcoin will increase more higher because many people have their money invested in dollar and some have saved their money in dollar but when the price of dollar will fall then people will search for other good currency which will be easily used for international use then they will find bitcoin for that purpose.

First tell me how it will fail.it is not computer code which will be affected by something.price of usd may fall with respect to some other currencies but will never fail. Do not misunderstand usd and bitcoin , bitcoin has become a new investment asset but it cant take place of usd as it is not stable.

Bitcoin and USD is very different and you are right because if USD price falls then it is just temporary and it is not that a big deal because you can still use your money to buy things with almost the same value while in bitcoin it is a very big deal if the price falls because you can't buy the things that has the same price in bitcoin. If USD falls then it will be a small problem but if you want to be safe in inflation then just store your money in bitcoin.

I would argue exactly the opposite. Bitcoin price drops are only temporary, whilst if you see a fiat collapse, it usually will collapse alongside the country itself. Because the fiat is attached to its country a collapsed fiat currency rarely gets revived, unless it gets revalued.

Bitcoin is increasing and its gonna raise its price till last and will never lose it ever. Is according to your point if the USD falls then it will fall alone and other currencies will not join it Falling In price because it is completely exclusive of the cryptocurrencies and cannot effect on the price quality of the Bitcoin. the USD is bounded by the US government Bitcoin is standing by the demands of rising price and the supplied by  cryptocurrency Union.

[gabmen]

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?

USD will take a lot of effect from it's subordinate and one of it is bitcoin. And USD is very independent that's why other currencies are basing their economy to them. USD has fallen for sometime and it made a lot of countries suffer also a financial crisis. So they have big part for each countries economy including crypto.

I agree. It's unlike other country's currencies that may fall without having any dent in the world economy. If the dollar fails, it drags a lotnof economies with it. Though history has been on the side of the dollar as if we look back, it's been quite resilient and has remained the main currency for the lomgest time we know. So i think the usd will still be in full control for quite a time

[carlisle1]

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?

USD will take a lot of effect from it's subordinate and one of it is bitcoin. And USD is very independent that's why other currencies are basing their economy to them. USD has fallen for sometime and it made a lot of countries suffer also a financial crisis. So they have big part for each countries economy including crypto.

I agree. It's unlike other country's currencies that may fall without having any dent in the world economy. If the dollar fails, it drags a lotnof economies with it. Though history has been on the side of the dollar as if we look back, it's been quite resilient and has remained the main currency for the lomgest time we know. So i think the usd will still be in full control for quite a time

US will make sure that they will in control no matter what will happen USD will remain as a main basis of currency exchange, we really can't avoid some nation to try but i think in the end USD will keep their statue and will not allow to step down, we can't predict what will future bring us but in the meantime we do have a lots of time to research and study the movement.

[Casdinyard]

USD falling won't have affect on bitcoin because the working of both are really different. Bitcoin is decentralised which means price is controlled by the people. While for usd is totally controlled by the government and falling of the currency wouldn't affect the government at all but only the people as things will get more expensive.

Yes you're right brother. Its far different from digital to real currency.
But on the contrary on that,

If USD falls bitcoin will increase it value that the effect. But in third world country the value of bitcoin become scrubby if USD fall. The bad thing of USD falling is the economy have an effect in different country trading USD.

This is somehow correct, maybe there will no effect in the first world country, but in the third world country there is. Like what if usd falls the exchange rate of btc (in local currency)will also falls, so there will be an effect to bitcoin enthusiasts. Hope i get myself clear.

[BunnyShibe]

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?

USD will take a lot of effect from it's subordinate and one of it is bitcoin. And USD is very independent that's why other currencies are basing their economy to them. USD has fallen for sometime and it made a lot of countries suffer also a financial crisis. So they have big part for each countries economy including crypto.

to me currently USD is the most popular, powerful and most usable currency of the world. the most of the countries are using USD for trading and for so many other purposes, therefore we can say that not only USA but so many other countries are giving support to USD and therefore to me i think it cannot be so easy that bitcoin will fall. and if unfortunately it happen it will defiantly effect the whole economy of the world. but still it is not so easy to happen.

[AjithBtc]

If USD falls it may impact BTC also because we have most of the investors from US.

but i do not think that it will have any impact on bitcoin, because bitcoin has a very separate system and do not have any concern with USD, Bitcoin is a universal crypto currency, while USD s fiat and decentralize currency.

That's not true. Surely an impact will be there as the majority of bitcoin holders are from US. Also what you have mentioned is wrong that USD is a centralized functioning currency and our bitcoin is decentralized. Another thing is that bitcoin function as an separate system, but this has never been independent of USD or fiat. Till date the value of bitcoin is calculated in terms of USD.

[GreenBits]

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?

For one, the USD will never devalue. The world will prop up the dollar because the dollar simply cannot fail; too much of the global market depends on the dollar, and all would suffer if the dollar significantly devalued.  Entertaining your hypothetical however, you would see precious metals and cryptocutrencies spike to the fucking moon as people used them as safe haven assets. That wouldn't be that great though, because the global calamity that a dollar crash would cause would outstrip the warm fuzzy feeling from making 30x profit. Stock markets would crash globally, inflation would go rampant on USD pegged fiats, and we would no longer be able to repay our debt, which would eventually kill our credit rating. This would have a tremendous effect on our bond markets, not a good one.

[AleSergio]

There will be impact on bitcoin, but in another way a lot of people will start investing their dollars in bitcoin. On the otherside if USD falls another world currency will come up, from another country, i don`t think that in this case bitcoin will change somehow. Who cares about USD?

[Himanshu111]

I don't think that usd will ever fall simply because it's a world currency and everyone everywhere accept usd. But if usd falls more and more people will invest in Bitcoin until a the world comes up with a new global currency.

[Noctis Connor]

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?

USD will never fall to ground usd is the most powerful currency that runs the whole world based on my knowledge and it will never conquer bitcoin and it will never replace usd into bitcoin, Bitcoin is just currency that can be use to internet as investment or anything you wanna do it will not affect bitcoin price bitcoin has it owns value.

[deisik]

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?

For one, the USD will never devalue. The world will prop up the dollar because the dollar simply cannot fail; too much of the global market depends on the dollar, and all would suffer if the dollar significantly devalued.  Entertaining your hypothetical however, you would see precious metals and cryptocutrencies spike to the fucking moon as people used them as safe haven assets. That wouldn't be that great though, because the global calamity that a dollar crash would cause would outstrip the warm fuzzy feeling from making 30x profit. Stock markets would crash globally, inflation would go rampant on USD pegged fiats, and we would no longer be able to repay our debt, which would eventually kill our credit rating. This would have a tremendous effect on our bond markets, not a good one

It is certainly only for you

For the rest of the world it may be very different. As was the case with previous global currencies in the past (say, the British pound), the US dollar may start to spiral down when the power of the US itself begins to vanish. And it could be interpreted in the reverse as well, i.e. as long as Uncle Sam retains his world dominance, the American dollar will remain strong. The US basically exports dollars (as government bonds, aka Treasuries), so it is vitally interested in preserving its might and power (just like any other government out there). But it may encounter strong opposition (China, Russia), so the question is essentially open

[Zicadis]

Like many powerful currencies in the past, USD may fall to ground too,

Simple price fluctuations are acceptable but falling to the ground won't be possible that is why central banks are there to see to it this doesn't happen

my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Technically a weak or falling dollar(USD) will affect bitcoins in a way that you get more forex(dollar) for each bitcoin sold, making btc more valuable in this instance.