If USD falls

[Vixmore]

Well, its a bit obvious that the price of bitcoin will only increase if USD falls. We have seen that with many other currencies so far in the world.
Since USD is considered to be the main currency of world wide trading and if it were to collapse,  people would be looking for a currency that can replace the USD and become a 'worldwide' currency. The only available currency for this would have to be bitcoin, as EURO is a bit too unstable and the future will definitely be in cryptocurrencies, and not in paper money.

However, there are no clear signs that the dollar will be crashing any time soon, which means that we should not be really asking this question at this stage.

[Murasakibara]

A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own U.S. Treasurys. It also affects foreign exchange futures traders. Last but not least are individual investors.

When the crash occurs, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them.This will drive the value of the dollar down to near zero. It makes hyperinflation look like a day in the park.

[dunfida]

A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own U.S. Treasurys. It also affects foreign exchange futures traders. Last but not least are individual investors.

When the crash occurs, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them.This will drive the value of the dollar down to near zero. It makes hyperinflation look like a day in the park.

Correct, on this way dollar would really lose its value since those holders would definitely dump it which they either decide on jumping  on other currency but its hard to believe that this thing will happen to USD knowing that this is the most powerful currencies globally which we would really presume that it wont easily fails or dies.

[Gaff]

A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own U.S. Treasurys. It also affects foreign exchange futures traders. Last but not least are individual investors.

When the crash occurs, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them.This will drive the value of the dollar down to near zero. It makes hyperinflation look like a day in the park.

Correct, on this way dollar would really lose its value since those holders would definitely dump it which they either decide on jumping  on other currency but its hard to believe that this thing will happen to USD knowing that this is the most powerful currencies globally which we would really presume that it wont easily fails or dies.

If USD falls then maybe bitcoin can solve it. I mean why not give bitcoin a chance to help as a starter like USD before as a matter of experimentation. If ever it clicks to the industry then it's the time to boom the market. I guess it will be a great opportunity for everybody's sake especially those micro businesses in our society. Definitely, they would love the idea and they can help other people who are badly in need of extra income which has difficulty also in budgeting so this will be the chance for them to change for the betterment. Therefore, there's nothing to worry if USD falls.

[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?

We could see that many USD holders have sold it and have bought bitcoins as its price is steadily increasing.In such a scenario,if USD falls,then definitely more people would start buying bitcoins which would create an increase in demand resulting in increase in bitcoin price.

[SugoiSenpai]

Bitcoin value may increase if USD falls down. Bitcoin can be the replacement of USD and become the worldwide currency, but the only problem is it is a cryptocurrency which doesn't count as a real life money. But who knows maybe people will start to accept cryptocurrencies and use them more often than of the current currency, it is more convenient.

[Basmic]

Bitcoin will never replace the dollar because the currency of the state and it cannot exist without state regulation, and is contrary to the principles of cryptocurrency. I think the Americans will try to create a digital dollar and compete with bitcoin.

[harjas2517]

I noticed usd is falling from last 3-4 months It certainly impact Btc as well I noticed when FOMC or cash rate meeting for USD happens it impacts bitcon too most of the time I noticed When usd dropping Bitcoin rising. I do forex too so I noticed these things lets see when Usd will again bullish. How bitcoin moves that time but there are some other factors too that affects bitcoin movement.

[iram1011]

I fail to see any relation between the movement of bitcoin and dollars. Most of the time we see Bitcoin rises in both the cases whether dollar rises or falls. Bitcoin as a currency or investment has its own driving factors and being an international currency leaves dollar to little significance. Thus, dollar rate hardly matters.

[bluefirecorp]

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?

We could see that many USD holders have sold it and have bought bitcoins as its price is steadily increasing.In such a scenario,if USD falls,then definitely more people would start buying bitcoins which would create an increase in demand resulting in increase in bitcoin price.

The price fall of the USD will not have any negative impact on the bitcoin and no doubt the USD holders will divert their funds to bitcoin instead of USD or maybe to any other tangible currency which will take place of the USD. The USD fall could be a reason for the increased demand of bitcoin but can’t have any sort of negative effect on the bitcoin.

[bryant.coleman]

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?

We could see that many USD holders have sold it and have bought bitcoins as its price is steadily increasing.In such a scenario,if USD falls,then definitely more people would start buying bitcoins which would create an increase in demand resulting in increase in bitcoin price.

The price fall of the USD will not have any negative impact on the bitcoin and no doubt the USD holders will divert their funds to bitcoin instead of USD or maybe to any other tangible currency which will take place of the USD. The USD fall could be a reason for the increased demand of bitcoin but can’t have any sort of negative effect on the bitcoin.

No. You are mistaken. The Bitcoin exchange rates have some connection with the USD value. If the value of the USD goes down versus EUR or JPY, the momentum will cause a decline in the exchange rates of BTC against these currencies. This may be due to the fact that most of the BTC trade volumes come from BTC vs USD trade.

[bitcointarget]

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?

We could see that many USD holders have sold it and have bought bitcoins as its price is steadily increasing.In such a scenario,if USD falls,then definitely more people would start buying bitcoins which would create an increase in demand resulting in increase in bitcoin price.

The price fall of the USD will not have any negative impact on the bitcoin and no doubt the USD holders will divert their funds to bitcoin instead of USD or maybe to any other tangible currency which will take place of the USD. The USD fall could be a reason for the increased demand of bitcoin but can’t have any sort of negative effect on the bitcoin.

No. You are mistaken. The Bitcoin exchange rates have some connection with the USD value. If the value of the USD goes down versus EUR or JPY, the momentum will cause a decline in the exchange rates of BTC against these currencies. This may be due to the fact that most of the BTC trade volumes come from BTC vs USD trade.

Yup, the majority of the btc trading volüme directly linked to BTC/USD transactions and that's why. It's actually more complicated but to be simple, we can know that, as you addressed correctly, usd's position against other currencies like eur or jpy has an effect on btc too.

[sonawer]

Simply there will be a transition period, and eventually people will switch to another unit of evaluation. If it's money, then for example the euro or the yen, or by the time the cost of bitcoin is already tied to the cost of services and goods more extensively, so he will not have such volatility. And he actually will not need a dollar to assess its value

[BobBct]

If USD falls BTC will replace it and the company will get more profit.

[FlightyPouch]

If USD falls BTC will replace it and the company will get more profit.

I don't know what you are talking about but USD and other fiats will never go down that easily.

Fiats or the "real currency" is the most popular of all currencies we ever known. It is used since the president of the United states used the paper money ( because currency talk as a whole as the paper money). You think digital currency will go down just like that? No, but bitcoin will be just a shadow to the fiats.

[micher143]

If USD falls BTC will replace it and the company will get more profit.

I don't know what you are talking about but USD and other fiats will never go down that easily.

Fiats or the "real currency" is the most popular of all currencies we ever known. It is used since the president of the United states used the paper money ( because currency talk as a whole as the paper money). You think digital currency will go down just like that? No, but bitcoin will be just a shadow to the fiats.

And as far as I know the fiat production is adjusted depends on the demand of the people so that the equilibrium will be precise to it's value so that the value of any other fiat's are just so stable and if you are wondering it's value it just all the same because the value of the goods are adjusting to it's price. 

[Jolyquinzel]

If the dollar falls - the world in general will not be up to bitcoins.

[AleSergio]

If the dollar falls - the world in general will not be up to bitcoins.

Why not? There are other currencies, which can replace USD very simple. At the moment US controls global market, but in few years other country can control it, because US is losing hardly their positions on global arena. In this case i think it wouldn`t affect bitcoin so hard, USD would be replaced by other currency and instead of buying BTC for USD, we will be buying it for another currency for the same price, simple

[kingvirtus09]

If USD falls its unlikely bitcoin will go up.. Big investors and more countries will adopt bitcoin.. the whole world will be happy because bitcoin will go up and up.

[ripti]

The value of the currency is determined in the proportion of the amount of gold, diamonds or other valuables kept in contrast to any item. Now if the value of the USD decreases, the government does not increase the quantity of the reserve. I think in that situation I think Americans will try to create a digital dollar and compete with Bitcoin.