If USD falls

[Idrisu]

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 USD fall then expect bitcoin to pump to $100,000 bitcoin American will lose it dominant on world economy and one of those countries that adopt bitcoin early will become a dominant countries. By then bitcoin will take it position as the world currencies which cannot be control by one country, group and person.

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[gabmen]

It will have no effect because the two are totally independent of each other and whiles Bitcoin is normally exchanged for the US dollar and vice versa it is not controlled by a central agency like the US dollar and therefore its prices are basically regulated by the demand and supply of the coins I. The system.

I agree. though if it it does, it will have very little effect that would be negligable. btc is not like any other world currencies that heavily rely on the dollar. that's why I also don't believe in these talks that btc may one day replace it or any other regular currency.

[megynacuna]

If the USD falls, it falls alone because it's completely exclusive of Bitcoin and cannot have any effect on the fortunes of Bitcoin because just as USD is regulated by the USgovernment Bitcoin is regulated by the demand and supply created by enthusiasts in the cryptocurrency world.

[Mpamaegbu]

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 dollar crashes to ground zero, it will further push the price of Bitcoin higher and occasion the a rise in demand level for the coin. And I don't see such affecting Bitcoin in a negative way. Rather it will bring about an unnecessary hype in its value. Mind you, dollar isn't the only internationally accepted currency of the world. It isn't even the highest currency too.

[roadbits]

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 dollar crashes to ground zero, it will further push the price of Bitcoin higher and occasion the a rise in demand level for the coin. And I don't see such affecting Bitcoin in a negative way. Rather it will bring about an unnecessary hype in its value. Mind you, dollar isn't the only internationally accepted currency of the world. It isn't even the highest currency too.

Yes dollar is just universal currency, and all countries accept this dollar, but apart from this, we have many valuable currencies in this world. And the value of those currencies is higher than this dollar. So if the dollar price goes down, then BTC value will be calculated by other reputed currency. So the value of the BTC will not effect.

[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?

If USD fall then expect bitcoin to pump to $100,000 bitcoin American will lose it dominant on world economy and one of those countries that adopt bitcoin early will become a dominant countries. By then bitcoin will take it position as the world currencies which cannot be control by one country, group and person.

If the us dollars falls to 0 expect bitcoin to drop to 0 also.
And not only bitcoin but 99% of the economy.

When the us economy made a wrong step 10 years ago the whole world entered crisis and chaos.
Just imagine it x100.

I'm tired of people waiting for a catastrophe to see btc reaching new heights.
There is no need for that and god forbids it will happen.

[shadelockme]

I think it will makes price of bitcoin increase if the USD falls because it will takes impact on price of bitcoin, 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

[avikz]

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 is the most widely used currency for international trade, that's why it can't be devalued so easily like many other currencies of the world. The demand for USD is always high and I don't see that decreasing anytime soon. Till the time demand remains solid, there is no reason to worry.

But if, USD price falls to ground, crypto users will have a reason to worry because bitcoin is mostly compared against USD worldwide. So it will have some adverse effect on bitcoin overall value as well.

[Aztek]

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?

actually the cryptocurrency is nothing to do with the real world currency because the bitcoin is like a product there's a limitation so basically the price depends on the people supporting it so the bitcoin will not be affected as long as the people behind it is still supporting bitcoin.

[Przemax]

If usd falls, my currency and probably the euro currency will be the fallen currency already. I do not think that usd will lose the currency war. It has a too dominant position.

People are spreading such an informations to gather a better possition in the currency wars against the dollar. If the rumour of someones weakness will strike true, it makes that entity force weaker because of self fulfuling prophecy. The enemy of that entity is stronger using the same mechanism of self fulfiling prophecies, by boosting their self confidence.

I think its just a rumours about the dollar collapse, that are spread by such a countries like Germany and China. Their currency in my opinion are in a worse shape than dollar.

What does it means for btc? With each and every such a rumour, its users numbers will rise.

[HTracer]

Like it or not but dollar is still a backbone of trade worldwide. If USD collapses sharply, outcomes would be disasterous. I do hope it's gonna be long transition and relatively slow declining dollar. I think it would be better for   bitcoin too.

[shamzblueworld]

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.

Thanks for your comment, now I understand how can this impact the bitcoin value, as you said people might start to buy bitcoin with their USD which will increase its value, so from this we can presume that this will happen with every major currency from the world?
Imagine if people from Kuwait start to hold their wealth in bitcoin... it will shoot to another galaxy then.

[Karmakid]

Bitcoin will adopt in the usd change rates and will not totally affect bitcoins i think,one thing may happen is bitcoins convertion into usd will be alot higher depending on how much the usd will fall

[ladydark]

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?

Already bitcoin is gaining attention all over the world and is considered that it would replace US dollars in the future.If USD falls,then definitely,investors would shift to bitcoins which would increase demand for bitcoins and it would result in increase in bitcoin price.Also,bitcoin would be valued against any other currencies like Euro,Yuan,etc.

[Kizaki]

There are alot of possibilities that may happen if usdollar fails in the market or losses its value,as a base currency of all the  country in the world it will really affect alot in the market negatively and possitively.It may  cause rising up of other currency and may cause a fall down too

[cellard]

The USD will simply not fail, and you can't call it a scam. It's a legal currency, accepted everywhere. I don't see how trust would be destroyed to the point you can consider the USD failed. I've heard boom and gloomers predicting the fall of the dollar for a long time, they have made a professional career out of it. Guys like Berwick or Alex Jones. Well call me when the dollar fails because if it actually happens I would guess my BTC would be worth a ton. Right now I dont have enough BTC to even care. I will just let them sit there and forget about it and see what happens.

[warrior333]

The greenback cannot fall too low. The us Federal reserve can always adjust the course. The economy in USA is one of the strongest in the world so I'm sure that with the dollar, nothing will happen.

[webtricks]

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?

Ok, first of all we need to understand Bitcoin has no independent value. We all measure its value in USD and other fiat money depending upon demand in that particular region or country.
So if USD gonna crash too much, bitcoin gonna worth much more dollars but in reality its value going to be same as and when compared to other fiats.

[douglock]

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 USD fall then expect bitcoin to pump to $100,000 bitcoin American will lose it dominant on world economy and one of those countries that adopt bitcoin early will become a dominant countries. By then bitcoin will take it position as the world currencies which cannot be control by one country, group and person.

LOL. I do not think so. There are many countries relying on USD and if the USD falls, they will also fall and create a crisis in the whole world economy. Although no one here likes the USD but I do not think that it is a good idea to hope that the USD will fall

[HaXX0R1337]

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 there is a crisis with the American dollar then we will have Euro and pound,one thing is certain that the price of bitcoin will rise as people will be investing their money into bitcoin,what does the price of bitcoin has to do with the fall of Indian currency,i could not see any link in google that says about the fall of Indian rupees,from where you got these information.