If USD falls

[layoutph]

If USD price falls , then Bitcoin price goes up. Just like if USD down, EUR, GBP, NZD, AUD, JPN  and other forex fairs goes up. Many believe this would happened on 2018. Many people will go crypto to hedge down the value of their money.

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.

[deisik]

If USD price falls , then Bitcoin price goes up. Just like if USD down, EUR, GBP, NZD, AUD, JPN  and other forex fairs goes up. Many believe this would happened on 2018. Many people will go crypto to hedge down the value of their money.

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.

This doesn't work very much in real life

Because you simply can't compare volatility of Bitcoin with the volatility of major currencies like the ones you mentioned above. In other words, the daily Bitcoin volatility by far surpasses the major currencies' volatility in both directions. In this way, Bitcoin price in USD could easily go down along with the US going down against these currencies. In case the dollar should crash massively, it is certainly possible that Bitcoin will crash together with it. You can't really draw any such conclusions in respect to virtual currencies

[Derrick]

If USD price falls , then Bitcoin price goes up. Just like if USD down, EUR, GBP, NZD, AUD, JPN  and other forex fairs goes up. Many believe this would happened on 2018. Many people will go crypto to hedge down the value of their money.

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.

On the off chance that the rate of USD fall than bitcoin cost will tumble down on the grounds that bitcoin cost is checking in USD so when the cost of USD down the naturally the cost of bitcoin will fall yet recall that the cost of USD in not falling effortlessly.

[FeArZ]

If USD price falls , then Bitcoin price goes up. Just like if USD down, EUR, GBP, NZD, AUD, JPN  and other forex fairs goes up. Many believe this would happened on 2018. Many people will go crypto to hedge down the value of their money.

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.

If the rate of USD fall than bitcoin price will fall down because bitcoin price is counting in USD so when the price of USD down the automatically the price of bitcoin will fall but remember that the price of USD in not falling easily.

[etron]

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?

If the USD falls: I think it can survive or go down, because I know this bitcoin movement moves according to the USD price I think, even though everyone says if the USD goes down, bitcoin prices will go up.

[grandbrad02]

It's impossible for Bitcoin to fall , USD is presented to the economy of United State- which is the best economy in the world. So if USD is fallen , i think it's not gonna be a good result to US too.

[atjiat]

It's impossible for Bitcoin to fall , USD is presented to the economy of United State- which is the best economy in the world. So if USD is fallen , i think it's not gonna be a good result to US too.

You should understand that almost the entire economy of the world holds the dollars, and if the dollar falls, then only America will suffer. You need to approach this issue more broadly, and not because of what you have to do with this country.

[EinaiOraCoinDev]

The best economy on the world; AKKA; a country that prints more than 150 million dollars a day, what a great ECONOMY and what a great COUNTRY! Of course! Far as i know they are the greatest economy, of course..

It's impossible for Bitcoin to fall , USD is presented to the economy of United State- which is the best economy in the world. So if USD is fallen , i think it's not gonna be a good result to US too.

[STT]

USA the country itself is fine, lots of assets amazing companies, commodities and people but the government the paper printing you mention is the failure of centralised government and politics.   Unfortunately it runs the economy poorly with a constant deficit in place for decades now, the legacy of Richard Nixon is that every president that has followed him has copied his actions by being unable to balance the budget of US Treasury debt and taxes.    The democratic representatives always opt to overspend and print the difference, the rest of the world colludes to allow this so long as political favour is returned.   Such as Japan with 1 trillion in US debt and even communist China support the system of USA dollars as world currency.

If all of this fails, I can only be bullish on a better alternative.   I dont see why bitcoin should be entwined to the fate of dollar, it allows transfers between any nation but at present its failing to support the free flow of all currency so if bitcoin falls its from its own fault not any upset by dollar.    Every pillar must stand by its own support, if BTC is flawed and leaning on a failed dollar deficit system then yes that would suggest failure follows

[Emem29]

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?

That is bad for bitcoin and for america if DOLLOR value will go down. Its have big effect in a country, but for my country if dollor's go down its value, our money will go high, but i think it is better if the value of dollor will go high.

[uelque]

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.

So much agree on this statement. Because we people are always looking for things that might save us from falling, but one thing we're still not sure of, when USD falls, let's hope bitcoin is already accepted on stores, merchants, etc. And if bitcoin is still not accepted as a currency, by some other countries, no one would still buy bitcoin at the end.

[karnwillbit]

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?

That is bad for bitcoin and for america if DOLLOR value will go down. Its have big effect in a country, but for my country if dollor's go down its value, our money will go high, but i think it is better if the value of dollor will go high.

I don’t really think there is any kind of thing which can go against bitcoin in case the market value of dollar falls down. Dollar and bitcoin has nothing to do directly as dollar is only used as a conversion unit and nothing more than that. The decrease in the value of dollar will work out in favor of bitcoin as the market value of dollar will then increase more in that case. This will help bitcoin in gaining more repute.

[jaysabi]

As the saying goes, don't throw out the baby with the bathwater

But in this case this saying sort of works in reverse, i.e. instead of separating the baby from the water, you pour even more water unto it. Basically, you are equaling the world economic meltdown with the crash of the US dollar. While these two events are certainly intertwined (to a degree), I still wouldn't equal them. In other words, if the dollar slowly loses its grip on the world finances (just as it rose to prominence in the first place), it can ultimately disappear from the world economic arena altogether, and that would pass almost unnoticed. Obviously, no bitcoin will get hurt in the process

That's a fair distinction. If the dollar loses prominence over an extended period of time, it can disappear without much consequence at the end of the downward spiral. However, this would be a trend that plays out over decades. Any sudden fall would be too disruptive for bitcoin to survive. There has to be ample time for orderly transition in order for it not to be chaotic and disrupt the status quo.

Any sudden fall would be disruptive for the whole world

If we are to remain realists, there are not a lot of reasons why the dollar would crash all of a sudden, and most of these cases mean the meltdown of the American economy in the first place and the dollar going belly up due to that. Obviously, the collapse of the US economy will affect many countries, particularly those highly integrated with the US economy such as China and Japan. In short, Bitcoin's fate will be of no special interest to anyone if things start to develop this way

Well that's been my whole point the whole time. And there's no one reason why the dollar would crash suddenly, but there are a lot of reasons why it could given the right circumstances, which are always unexpected, otherwise they could be planned for. There are plenty of powerful nations that have failed unexpectedly throughout history, that despite their enormous wealth and power, couldn't foresee or avoid their own decline. I don't see why America would be any different. The debt is a known issue, and it appears for now the most likely failure point. Default on the debt would tank the dollar, and despite this, nothing is done to address it

And how do you imagine that?

How can the American government default on a debt which is denominated in the currency it happens to print? There is only one possible way, namely, via a deliberate act of sabotage. If we discard for a moment Bitcoin's internal issues that it currently faces and assume that it is pretty stable and consistent, then, as to me, in this very case specifically (i.e. intentional default) Bitcoin is set to rise monumentally against the dollar since people will massively dump the latter in favor of anything even remotely valuable (Bitcoin included)

I'd start by correcting the misconception that the American government prints the dollar. It doesn't. The Federal Reserve prints the dollar, and it's a quasi-governmental entity, yet outside of the control of the government for good reason. The Fed's mandate is stability, and necessarily attempts to remain apolitical. The government only has the revenue from taxes and debt auctions by the Treasury, it doesn't print dollars to pay old debts. It rolls over old debts constantly, literally on a weekly basis, if not a daily basis. Old debt expires continually and the Treasury holds new auctions to issue new debt instruments to fund the government. The value of the dollar comes from the (illogical) assumption that the US government cannot default on its debt. That's why US Treasury bills are (again illogically) considered "zero risk" investments. To this end, the government depends on buyers of the debt to function. The Fed acted as a buyer of last resort during the financial crisis, but if that action would have shot confidence in the value of the dollar, it may not have been a technical default but the outcome would have been the same.

[Alalex]

If Usd price falls .. I will buy as much money as I have and I will save the money usd in time till the usd price increases, then I just redeem the usd money after the price of usd currency rose high ..

And so is the price of the eye the digital money that I now save a lot of my bitcoin money will trade with usd currency if the USD price goes down, and I see the price in the digital currency market to grow my business.

I need a lot of money and I have to know how to get money easily and quickly, without any risk I will get. I am going to start trading in digital currencies starting from. now.

[douhancan58]

If the dollar falls, bitcoin will surely be affected, and many exchanges will rely on the dollar as their legal currency. But for the moment, the dollar has any reason to see a massive fall in the dollar. If the dollar falls on a large scale, I believe bitcoin will follow suit. That's my personal opinion!

[Trading Eye]

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.

So much agree on this statement. Because we people are always looking for things that might save us from falling, but one thing we're still not sure of, when USD falls, let's hope bitcoin is already accepted on stores, merchants, etc. And if bitcoin is still not accepted as a currency, by some other countries, no one would still buy bitcoin at the end.

but some people take advantage from it ? i think arbitrage to korean exchange its had promising potential more profit from it .
that time alt coin will raise

[agorkems]

If USD falls, then having cryptocurrency will help our overall financial level and that is why I believe people are throwing a part of their own currencies into cryptocurrencies to defend their worth. Surely we've seen fiat crashed to being worthless before.

[DesmondHayes]

When every currency is falling down in the value Bitcoin is establishing the new value points and it is getting even more powerful then it was before. I cannot imagine the scenario in which the USD would fall down but if that would happen Bitcoin would for sure established the number 1 position on the charts. The price of the Bitcoin would go drastically up because of the fearful people which would invest their money into something that would bring them back their profit that they lost with the fall of the USD. America is being known as the leader of the currencies and USD is highly appreciated in all over the world. This scenario of the falling won't happen anytime soon but with or without the break of the central centralized currency Bitcoin will grow further in the price.

[Urbanbypas]

I think that the dollar will not fall. But if it suddenly happens, then the global economy is waiting for such turmoil that the bitcoin rate will be of no interest to anyone.

[btcmayumana]

USD has impact in many world currencies, if it's down fails other currencies will got affect of it. But i don't see it would affect in Bitcoin value as bitcoin was traded because volatile of supply and demand, so if conditions when USD falls and many people selling their fiat to buy BTC, this could makes price BTC going high.