El Il-mythos
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January 18, 2018, 02:20:38 PM |
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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?
I Nothing will going to change with bitcoin if the dollar will fall. It will not go up or down the value as we all know that bitcoin is not under the law of the government neither bitcoin has string attach with it. Considering that the dollar will fall, still, there are national money out there which is/are second to dollar that will replace it just to be the standard value of bitcoin.
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Blockshipping ICO starts 14 May 2018 ⋙ ⟫ https://www.blockshipping.io/ ⟪ ⋘
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YinShuiSiYuan
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January 18, 2018, 04:14:30 PM |
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In my opinion, the usd will not fall. It is still the most popular currency in the world. The influence of usd on the global economy is very large. and it will not change in the near future.
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Warren Buffert
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January 18, 2018, 04:37:14 PM |
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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?
I Nothing will going to change with bitcoin if the dollar will fall. It will not go up or down the value as we all know that bitcoin is not under the law of the government neither bitcoin has string attach with it. Considering that the dollar will fall, still, there are national money out there which is/are second to dollar that will replace it just to be the standard value of bitcoin. It has to go up of course... as 10.000 dollar would theoretically be worthless.. so why would people take 10k for 1 bitcoin at that point?
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buternasek
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January 21, 2018, 01:13:28 PM |
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Until now I think no one can make the dollar fall, because we know the economic development of the united states is very stable and is a pillar of economic stability worldwide But if that happens then it seems like bitcoin will be more expensive in dollars
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DanWagner
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January 21, 2018, 01:54:59 PM |
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It has to fall one day but i don't hope so. But i can see the value of the dollar crumble in the next coming years , and then people will start looking at crypto as a safe haven.
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jaaeeeyyyy
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January 21, 2018, 01:58:05 PM |
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I think USD is the universal fiat currency though there is no official announcement for that but i did notice that on every currency there is a signicant equal value computed into US dollar. Here in the Philippines it is always updated from Philippine Peso to US Dollar and some 1st country currency like China and Great Britain. It will only fall if levelling of country will diminished.
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ask
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January 21, 2018, 02:01:24 PM |
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if usd falls then btc rise this is wha i expect in 2018. usd is losing weight and will continue for years. btc to 400k soon
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orarider
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January 21, 2018, 02:21:16 PM |
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Usd is the most widely used currency in the world. If the US is down then the market value will decrease. The world economy will be degraded. The world stock market is shaken. Many businesses, economic groups will collapse.
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snipetr
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January 21, 2018, 02:30:32 PM |
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All currency prices directly or indirectly affects each other`s prices. USD is the most powerfully currency of the world. USD get accepted all over the world, many international trades get settled by using usd, If USD falls it affects the world economy. If USD falls sharply by any reason, not only bitcoin but all the currencies will get affectly. Bitcoin a popular will definitely get affected; USD currency investors may divert their investments to bitcoin currency.
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GREATLOVE
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January 21, 2018, 02:36:22 PM |
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All currency prices directly or indirectly affects each other`s prices. USD is the most powerfully currency of the world. USD get accepted all over the world, many international trades get settled by using usd, If USD falls it affects the world economy. If USD falls sharply by any reason, not only bitcoin but all the currencies will get affectly. Bitcoin a popular will definitely get affected; USD currency investors may divert their investments to bitcoin currency.
As I know btc is a decentralized coin and I dont think that this coin is depends on USD since it has own market where the price is not depends but it is like equal on what the current price.
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inooll00
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January 21, 2018, 02:38:47 PM |
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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?
no influence from and to the BTC price, USD is only used for comparison like the banks in general. And every country has the right not to recognize the existence of BTC because no country on behalf of bitcoin belongs to certain country.
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Nhor1011
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January 21, 2018, 02:44:20 PM |
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I think the value of bitcoin will remain or increase more even if US dollar falls. Because the price of bitcoin is just put on dollar as an international currency but you can convert also bitcoin into other currency. And the value of bitcoin is not base on fiat currency,it is depend on the demand and supply in the market.
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Pab
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January 21, 2018, 02:50:26 PM |
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If usd will fail than after will recover,central banks can manipulate forex,gold trading etc as thay want But to watch will be Switzerland referendum to ban commercial banks from money creation,in short to kill debt to be money.Limit commercial banks to be only financial services.Referendum will be frauded i think,but there is more and more voices in Europe what support that idea.That debt space is not unlimited and may turn to unseen crizis what will result in next war
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STT
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January 21, 2018, 04:57:49 PM |
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In my opinion, the usd will not fall. It is still the most popular currency in the world. The influence of usd on the global economy is very large. and it will not change in the near future.
Dollars rose as the reserve currency post second world war as they represented such a large proportion of world trade and export. This is no longer true so its not just likely to occur but would be a negative for the world if it did not occur. Capitalism requires that failure is replaced by growth, even while certain parties may be less well off by that overall society benefits
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P3
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March 10, 2018, 06:30:19 AM |
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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. In the event that the rate of USD fall than bitcoin cost will tumble down in light of the fact that bitcoin cost is tallying in USD so when the cost of USD down the naturally the cost of bitcoin will fall yet recollect that the cost of USD in not falling effectively.
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1battermainsheet3
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March 18, 2018, 03:45:41 AM |
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Cant relate it with btcs really ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I am so dumb and idiot newbie :")
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Pendularin
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March 18, 2018, 04:01:07 AM |
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Cant relate it with btcs really ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I am so dumb and idiot newbie :") I think if USD will fall immediately bitcoin will not affected because bitcoin not depends on USD they depends on the demand and supply in the market place as what they discuss bitcoin is different on fiat money because it is all about transactions site and not based on the bank .Bitcoin is decentralized it has a good futuristic of currency to Change the USD as a payment fees.
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STT
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March 18, 2018, 04:29:13 AM |
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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.
Usd is the most widely used currency in the world. If the US is down then the market value will decrease. The world economy will be degraded. The world stock market is shaken. Many businesses, economic groups will collapse.
Dont view the world through a gold fish bowl. Im sure USA does alot of things great but its not the world and its even possible we see benefits going in different directions. USD falling does not have to send the world into turmoil, have a little more confidence. 400m people vs 7 billion overall and alot of capable people and systems lie outside the borders of US states. Even within the USA you will find value not currently utilised that will come forward when Dollar is no long dominant. People fear change for this reason, its too much for them to comprehend just the missing positives they are used to. Bitcoin will be important in any transition if only because it is such a fast settlement system and independent of current centralised banks. ITs actually an important kind of hedge or alternate in case of the worst happening I think. Most of the world central banks are linked, we saw elements of that in 2008. I think Jim Rickards discusses this factor quite often
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bagsladderg
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March 18, 2018, 04:40:28 AM |
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I think it will effect btc market indirectly means the value will be same but the real unit value will decrease...
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turagsoy123456
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March 18, 2018, 05:30:20 AM |
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Cant relate it with btcs really ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I am so dumb and idiot newbie :") I think if USD will fall immediately bitcoin will not affected because bitcoin not depends on USD they depends on the demand and supply in the market place as what they discuss bitcoin is different on fiat money because it is all about transactions site and not based on the bank .Bitcoin is decentralized it has a good futuristic of currency to Change the USD as a payment fees. 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. It can not affect the value of bitcoin, if the value of USD is falling to the ground. Because bitcoin is different from USD, bitcoin is independent currencies and its digital which is decentralized. Unlike the other currencies the physical money is depending on USD. So bitcoin can stand alone in the market.
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