If USD falls

[Yuhee]

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.

I think if $ fall does not affect the bitcoin price.

Bitcoin will increase if the bitcoin enthusiasts increase and some altcoin prices fall

 yap and it will just be converted to other unit of currency. It is just that dollar is the most currecny that is traded around the world but when USD failsmost in the stock market and economically the prices would go imbalance therefor affecting other currencies then by that time it come to worst it could also affect btc so. Yea btc will be affected not instantly but in a way but not very heavy off course.

[Sled]

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.

I think if $ fall does not affect the bitcoin price.

Bitcoin will increase if the bitcoin enthusiasts increase and some altcoin prices fall

 yap and it will just be converted to other unit of currency. It is just that dollar is the most currecny that is traded around the world but when USD failsmost in the stock market and economically the prices would go imbalance therefor affecting other currencies then by that time it come to worst it could also affect btc so. Yea btc will be affected not instantly but in a way but not very heavy off course.

Bitcoin will not get affected because of the fall of USD because they have opposite kind, bitcoin is decentralized and USD is centralized. If USD falls then there is nothing we can do while if Bitcoin falls then it is not about the economic fall of a currency it is because of the demand and it is not that bad for bitcoin to fall because it will just give opportunity to other people to buy more bitcoin which is blessing in disguise.

[Teraboy]

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 dollar begins to lose value in the eyes of the public then bitcoin is going to gain value not only because the dollar will be weaker but because it will win in market share since more people will being to use it instead of the dollar and when that happens bitcoin price will probably skyrocket.

In my thought if you will never win in the market share. I think you are forgeting if the price of bitcoin pegged with dollar as the main reason to be determine the excat decimal for bitcoin itself at the end of the calculation. Remember dollar still has domination in the real currency.

[Gumpfire]

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?

In my opinion there's a small chance that US dollar will fall because it is mostly used than any other currencies in the world so what are the main reasons that people will make US dollar disappear. What if usd will really gonna fall ? Maybe this is the chance of bitcoin will become legalize and declare it as a real money in the future.

[Malsetid]

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?

In my opinion there's a small chance that US dollar will fall because it is mostly used than any other currencies in the world so what are the main reasons that people will make US dollar disappear. What if usd will really gonna fall ? Maybe this is the chance of bitcoin will become legalize and declare it as a real money in the future.

The chances right now are slim that the dollar will fall more so that it will be replaced by a cryptocurrency. The dollar's overcome a lot of hard challenges in the past and would probably do so again a lot more times in the future. And if in the scenario that the dollar crashes, i'm not sure btc or any other crypto can move to the plate as another fiat currency is more likely to take the dollar's place

[Giardina]

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?

In my opinion there's a small chance that US dollar will fall because it is mostly used than any other currencies in the world so what are the main reasons that people will make US dollar disappear. What if usd will really gonna fall ? Maybe this is the chance of bitcoin will become legalize and declare it as a real money in the future.

The chances right now are slim that the dollar will fall more so that it will be replaced by a cryptocurrency. The dollar's overcome a lot of hard challenges in the past and would probably do so again a lot more times in the future. And if in the scenario that the dollar crashes, i'm not sure btc or any other crypto can move to the plate as another fiat currency is more likely to take the dollar's place

the dollar economy will be hard to overcome, the same bitcoin in the first place compared with the dollar. you will need to break a lot of stereotypes...

[Harlot]

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 dollar begins to lose value in the eyes of the public then bitcoin is going to gain value not only because the dollar will be weaker but because it will win in market share since more people will being to use it instead of the dollar and when that happens bitcoin price will probably skyrocket.

In my thought if you will never win in the market share. I think you are forgeting if the price of bitcoin pegged with dollar as the main reason to be determine the excat decimal for bitcoin itself at the end of the calculation. Remember dollar still has domination in the real currency.

Not at all if Bitcoin price will increase because the US Dollar falls it would be useless that Bitcoin's price is greater it may be have a lesser value because of a lower exchange rate in dollar if you know what I mean. Meaning there are 2 possibilities Bitcoin's value to dollar will be the same or it will be lower when you convert it to Fiat Currency. In any way Every Major currency can affect other assets when you look at it in the market a strong market going down can influence other markets also.

[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?

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 dollar begins to lose value in the eyes of the public then bitcoin is going to gain value not only because the dollar will be weaker but because it will win in market share since more people will being to use it instead of the dollar and when that happens bitcoin price will probably skyrocket.

In my thought if you will never win in the market share. I think you are forgeting if the price of bitcoin pegged with dollar as the main reason to be determine the excat decimal for bitcoin itself at the end of the calculation. Remember dollar still has domination in the real currency.

Not at all if Bitcoin price will increase because the US Dollar falls it would be useless that Bitcoin's price is greater it may be have a lesser value because of a lower exchange rate in dollar if you know what I mean. Meaning there are 2 possibilities Bitcoin's value to dollar will be the same or it will be lower when you convert it to Fiat Currency. In any way Every Major currency can affect other assets when you look at it in the market a strong market going down can influence other markets also.

There are actually 3 possibilities.
The value might be higher , lower and in some case maybe just equal.

It all depends how much will the price of bitcoin increase and how low will the usd go.
But my opinion if that the usd really fails like never before we're going to get screwed bitcoin or not.

[Omega Weapon]

What would be the reasons for the USD to fail? The only one I could think of is that the Union would disintegrate, Balkanizing the country, but why would that happen? You know the Euro since it's beginnings was given only a year before it would collapse and since then every year someone says this is the year the Euro fails and yet it's still working.

Oh man, it's a shame that you don't know the reasons why we're using bitcoin and yet you're still on this forum.

The exact reasons of using bitcoin in to hedge against such a devastating event, such as in case the USD fails. This could be brought about by any sort of bubble that is in the US economy, for example the 2008 housing bubble came real close to wrecking the whole financial system. After all, the government is in charge of the economy, and they are going to do wrong things.

e.g. after 2008 the government was in a pretty desperate situation to make the economy function correctly again. They decided to inflate the currency base, thus reducing the value of the dollar you hold in your wallet in the long run. It mightn ot reflect immediately due to sticky wages but it will reflect eventually.

Boy what can I tell you, you hold a belief and then anyone who doesn't agree is wrong, I see more reasons for Bitcoin to fail than for the USD, you know like the internet being wiped out, or a worm comes along and decimates all wallets, or simply people stop accepting Bitcoins as an exchange medium, because what backs Bitcoin? Only faith which is the same as for fiat currency but at least fiat has governments behind it . But I guess everybody has a right to his ideas so I will accept your ideas even though I don't agree with them.

Fiat currencies are backed by governments and their credit worth but when that disappear, and it is going to disappear then fiat will go towards a high amount of inflation, bitcoin even if it is not backed by anything has scarcity at its core, there are never going to be more than 21 million coins, so not only inflation in bitcoin keeps getting lower as the reward of the block gets lower, bitcoin is in fact a deflationary currency.

[Nicol3]

I think if USD will fall to the ground, I'm pretty sure a lot will be affected especially the crytocurriencies and bitcoin too. But I don't think that's happening anytime soon, I mean that's a huge impact to a lot investments and big industries all over the world.

[gabmen]

I think if USD will fall to the ground, I'm pretty sure a lot will be affected especially the crytocurriencies and bitcoin too. But I don't think that's happening anytime soon, I mean that's a huge impact to a lot investments and big industries all over the world.

Well if you talk about the dollar, it's probably about sacurity and stability since it currently is the top currency in the world today. It's overcome a lot of challenges before that may have toppled other currencies and has a very strong foundation so it's probably gonna stay where it's at for a long time

[Shutup]

If US dollar fall all areas of america will be affected and also all countries.But if bitcoin will be the current maybe the economy of all countries will rise up,becuase this will become powerful cause of BTC price increase.

[just a man]

If US dollar fall all areas of america will be affected and also all countries.But if bitcoin will be the current maybe the economy of all countries will rise up,becuase this will become powerful cause of BTC price increase.

If the USD goes down then Bitcoin will have a lower price as well. Bitcoin is only being used by a small group of people and if it's compared to regular currencies then Bitcoin has a very little chance of surviving because people will want to spend money on something that will hold its value while not being able to drop down in value within 10 minutes.

[posternat]

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 agree here  because bitcoin do not and never rely on USD's value since it has its own. I think also that it will never happen because usd is the strongest currency that most of the people use in traveling around the world and it is supported by most of the countries. Right now no one can think of USD to fall for bitcoins.

[Lieldoryn]

If US dollar fall all areas of america will be affected and also all countries.But if bitcoin will be the current maybe the economy of all countries will rise up,becuase this will become powerful cause of BTC price increase.

If the USD goes down then Bitcoin will have a lower price as well. Bitcoin is only being used by a small group of people and if it's compared to regular currencies then Bitcoin has a very little chance of surviving because people will want to spend money on something that will hold its value while not being able to drop down in value within 10 minutes.

I don't think so. If the dollar goes down then a lot of people can pass on the savings in bitcoins. This may cause the demand for the cryptocurrency market and the price of BTC will go up. If to be attached to the BTC that we now see how the price of the dollar goes down.

[kuishen]

If the dollar falls, it is estimated that it will spread to the world, the financial aspects of each country will be affected, but btc should rise, after all, it can make our money preservation, and not affected by the exchange rate.

[jovs]

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.

The price of Bitcoin and us dollars is correlated to each other. The two variable also have their own characteristic and system on thearket. When the price of the fiat drops it may either make bitcoin price high or also drop depending on the situation of the drop of price of the us dollar. Because the possibility of price is can be determine through monitoring and when the price of Bitcoin hits the price on the market it will need the same amount on fiat or the value of fiat so the development may happened on bitcoin through its price and choice on transaction.

[bombard1]

Many who predict that bitcoin will not fall the next year

[KingdomHearts]

I think if USD will fall to the ground, I'm pretty sure a lot will be affected especially the crytocurriencies and bitcoin too. But I don't think that's happening anytime soon, I mean that's a huge impact to a lot investments and big industries all over the world.

Well if you talk about the dollar, it's probably about sacurity and stability since it currently is the top currency in the world today. It's overcome a lot of challenges before that may have toppled other currencies and has a very strong foundation so it's probably gonna stay where it's at for a long time

Yes I would prefer to say that you are right somehow. Dollar is the top currency in the world. But now a day’s time has been changed by bitcoin. As bitcoin step up against USD. People are looking forward to bitcoin and investing in bitcoin. So, one day you will hear that bitcoin is the top currency in the world which is using everywhere.

[hisuka]

Many who predict that bitcoin will not fall the next year

I can say that bitcoin price affect if usd falls. They are connected to each other, if usd falls many are really affected to it. I think bitcoin price will increase thoroughly as many people are investing nowadays in bitcoin.