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Author Topic: If USD falls  (Read 10712 times)
YinShuiSiYuan
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August 01, 2018, 02:05:44 PM
 #501

high possibility that USD will fall  to the ground in the following five years and the bitcoin will also go through a hard time in the future.

What is your reason to believe that the USD will fall in the next 5 years? The influence of USD on the world economy is too large to just fall to the ground. There would have to be some powerful economic disaster or another that would happen. Such a situation could have positive consequences for bitcoin by increasing people's confidence in the cryptocurrency.

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August 01, 2018, 02:18:43 PM
 #502

if we would experience such a fall in Dollar than the liquidity in market in my opinion would be very low as the prices would struggle to rise and the downtrend would be excessive

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August 01, 2018, 02:49:48 PM
 #503

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 believe that bitcoin does not depend on the price of the dollar. In other words, the dollar cannot affect bitcoin. We certainly trade in this currency pair and understand that everyone is guided by the dollar as an international asset. However, this is only an indirect understanding of this dependence.

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August 01, 2018, 03:28:55 PM
 #504

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 believe that bitcoin does not depend on the price of the dollar. In other words, the dollar cannot affect bitcoin. We certainly trade in this currency pair and understand that everyone is guided by the dollar as an international asset. However, this is only an indirect understanding of this dependence.
Price of Bitcoin was affected by demand-supply in the market, when people getting buy more BTC in the market price going rising, so i agree with you even if USD or Euro or GBP price maybe may fall, but it will not impact much for BTC supply / demand anyways.
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August 02, 2018, 04:09:22 AM
 #505

Actually it will not affect bitcoin, but it seems bitcoin becomes more expensive than dollar, we only use dollar as forex rate, if we change to other currency it will also not affect bitcoin.
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August 02, 2018, 04:20:43 AM
 #506

it looks like this will affect bitcoin because the average bitcoin is exchanged with dollars, so if the price of the dollar goes down and what will happen is the bitcoin price falls slightly if it is exchanged with local money
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August 02, 2018, 04:21:43 AM
 #507

If the price of the dollar falls to the price of the bitcoin, the price of the bitcoin will also fall in the dollar. If the dollar drops, I think investors will prefer to buy bitcoin and buy. bitcoin will be increased
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August 02, 2018, 04:26:26 AM
 #508

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 last failed currency would be Germany and Japan after WWII .

I won’t count South Vietnam  or a few other smaller countries.
So if USD fails it would be most like due to a terrible event.  War or comet strike.

 I don’t see a fail in the currency but if it does happen a new major fiat would be needed maybe btc would whale

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August 02, 2018, 06:18:12 AM
 #509

Because of the dollar as a common currency. It's like the English language, so if USD falls, then another copper will replace it. But if the dollar collapses, it is a big influence for the BTC, because USD is a measure of value for the BTC
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August 02, 2018, 06:34:33 AM
 #510

If the United States Dollar loses its value then I am pretty sure that people will begin to use a different Currency. Abstract Bitcoin as not a unique selection.
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August 03, 2018, 11:28:33 AM
 #511

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?
So now USD is the leading currency in the world right? Good. So what if it fails, what do you think will happen exactly, do you think that the whole of other currencies are going to fall along side of it? Nope you’re wrong if that’s what you think, and same thing applies to BTC, the price of USD in market does not affect BTC. When USD falls, other currencies don’t fall with it, it’s left for the Bitcoin devs to decide BTC is worth.

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August 03, 2018, 11:30:45 AM
 #512

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 will make bitcoin's value impossible to measure. because you would need to find another nation where the working population is gambling with their money like americans and their banksters do i showed that in a visualisation called the 6 columns of bitcoin

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August 03, 2018, 12:34:30 PM
 #513

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 several years of observation of bitcoin and other cryptocurrencies, I can say that I have not noticed a direct dependence on other currencies, including the us dollar. I can say with confidence that bitcoin directly depends on the news that are narrated in the media.

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August 03, 2018, 01:03:30 PM
 #514

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 several years of observation of bitcoin and other cryptocurrencies, I can say that I have not noticed a direct dependence on other currencies, including the us dollar. I can say with confidence that bitcoin directly depends on the news that are narrated in the media.

Yea it's true, we always hoping that many news telling bitcoin on positive perspective.
If USD price become weakened then IMO it wont affect to the bitcoin price except when you're talking about other currency such like KRW/BTC pairs, so it will affect to KRW/BTC pairs and make KRW value increasing.


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August 03, 2018, 01:04:47 PM
 #515

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 several years of observation of bitcoin and other cryptocurrencies, I can say that I have not noticed a direct dependence on other currencies, including the us dollar. I can say with confidence that bitcoin directly depends on the news that are narrated in the media.

Agree bro. Bitcoin is not dependent on US dollars movement but it is dependent on the news scattered online through social media and also to the country that started adapting bitcoin as their direct option currency in the future. Great falls of US dollars doesn't mean bitcoin great losses.

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August 03, 2018, 01:08:19 PM
 #516

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 several years of observation of bitcoin and other cryptocurrencies, I can say that I have not noticed a direct dependence on other currencies, including the us dollar. I can say with confidence that bitcoin directly depends on the news that are narrated in the media.

Agree bro. Bitcoin is not dependent on US dollars movement but it is dependent on the news scattered online through social media and also to the country that started adapting bitcoin as their direct option currency in the future. Great falls of US dollars doesn't mean bitcoin great losses.

Depends how you look at it, maybe not dependent but if the dollar would fall that would heavily influence bitcoin and it's price.

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August 03, 2018, 01:26:59 PM
 #517

If the USD falls, bitcoin will increase because the bitcoin value is bought in dollars, when the dollar is low, the bitcoil will rise, the dollar will directly affect many other currencies. USD important with economy
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August 04, 2018, 07:23:34 AM
 #518

I think bitcoin is independent of all currencies in the world. Even if the dollar goes down, bitcoins are rising or falling independently. The price of bitcoin was only marginally affected but not significantly when the euro and the dollar fell
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August 04, 2018, 07:55:33 AM
 #519

I think USD and bitcoin have a relationship. So if the USD has a problem then the bitcoin will also show signs of change

I agree with you. USD and BTC have a relationship
Lolzzz dude do you even know what you’re saying? What bind exactly? Is it because in the Blockchain every thing is being stated down in dollars? Funny. BTC has no bond with USD, if it does that means all this while we have been investing in USD.

But unfortunately you’re wrong, it’s BTC itself that we are taking about and when USD falls BTC is not falling with it. Any currency that happens to be in power as of then takes over everything and USD will be removed.
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August 04, 2018, 08:24:43 AM
 #520

I think it is not going to happen because the economy it is the world currency, if it happens in future then the bitcoin price will be increased more. Because the demand will increase and the number of users as people will choose the alternatives and hope so the best alternative will be bitcoin at that time.
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