yourboss
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October 10, 2017, 09:27:32 PM |
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First of all such changes never happen at once. It is a long period of instability and other factors that will indicate that usd will plummet. Moreover, even today it's impossible that btc can substitute fiat easily. This should also be preceded by at least legalization of cruptocurency and support (or at least authorization) on the part of the government
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wildflower18
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October 10, 2017, 09:51:45 PM |
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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.
This is what I think though when usd falls down the value bitcoin price will up. Adoption will increase but the thing here is the legalization could take long because there are many factors to consider. However, it proves nowadays that bitcoin is cannot easily replace the fiat currency.
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rhodelmabanal
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October 10, 2017, 10:52:45 PM |
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This is possibly the dawn of crypto currency ages. Bitcoin determines how much a USD price will rise, people depends on USD besides America. In Asian countries they use USD for monetary funds, but for now they use bitcoins for easier transact and easier withdrawals. Many machines now accept bitcoins and its cards are distributed worldwide, but for USD people are much surprise because it is not stable, and I dont know what the future holds on USD.
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Milo_Kidd
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October 11, 2017, 12:42:25 AM |
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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.
This is what I think though when usd falls down the value bitcoin price will up. Adoption will increase but the thing here is the legalization could take long because there are many factors to consider. However, it proves nowadays that bitcoin is cannot easily replace the fiat currency. If USD will fall and bitcoin will raise, it will be the break earners to excel. Their income will raise and those who have stored their bitcoin in the big amount they are happy if bitcoin will raise.
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susuberuang
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October 11, 2017, 12:54:33 AM |
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if USD down I think bitcoin will be more expensive, because all the switch to bitcoin who want to have it because every year its price has increased very much.
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Theb
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October 11, 2017, 01:33:30 AM |
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If U.S.D. falls people will try to convert their assets into it. The U.S. Dollar falling is one of our chances to ride it at a cheaper price, like what Warren Buffet has said be greedy when other people are in fear. Buying $ at a lower price can be a big investment because the United States have move on this phase many times. So if many people tried to sell all their shares the price of Bitcoin will fall afterwards because of a selling pressure.
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pendekar cinta
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October 11, 2017, 01:46:53 AM |
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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 think if the USD exchange rate falls will never affect the bitcoin price at all but the chances of making the gold value also go down. But it will not last long and we must be patient to wait for it to rise again.
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Malaya
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October 11, 2017, 03:13:33 AM |
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There could be a lot of possibilities could happened if USD falls. And in the world of digital currency, Bitcoin could also be affected in a good way. However, USD and other means of spending or investing can never easily go down as that. The current currency we have now has made a strong impact in every people's use.
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Ziskinberg
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October 11, 2017, 04:22:50 AM |
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There could be a lot of possibilities could happened if USD falls. And in the world of digital currency, Bitcoin could also be affected in a good way. However, USD and other means of spending or investing can never easily go down as that. The current currency we have now has made a strong impact in every people's use.
Bitcoin is internationally used, we have seen bad news after bad news that could have a major effect on bitcoin but that was a temporary effect, it was a FUD actually but in the end people realizes they need to buy bitcoin to store their money hoping to increase it's value. This is quit new to us and there are a lot of experts out their who believe that bitcoin will do better overtime and we are going to surpass every trials along the way.
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Lumada
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October 11, 2017, 05:06:37 AM |
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There could be a lot of possibilities could happened if USD falls. And in the world of digital currency, Bitcoin could also be affected in a good way. However, USD and other means of spending or investing can never easily go down as that. The current currency we have now has made a strong impact in every people's use.
Bitcoin is internationally used, we have seen bad news after bad news that could have a major effect on bitcoin but that was a temporary effect, it was a FUD actually but in the end people realizes they need to buy bitcoin to store their money hoping to increase it's value. This is quit new to us and there are a lot of experts out their who believe that bitcoin will do better overtime and we are going to surpass every trials along the way. When we have a vivid idea on what we really want to do we can guarantee the earning especiallyi if we want to hold btc,but it doesn't mean that having more btc can cause usd to fall since there are still physical activities that we needs to use it.
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frowsiter
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October 11, 2017, 08:22:36 AM |
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I think USD fall will barely affect the prices of bitcoin. They are not interdependent because whatever we people put into bitcoin market is what defines the bitcoin legacy. I mean if the price of USD is xyz then we will get the bitcoin rate depending on much xyz we really put into bitcoin. That's really different calculation and moreover fall of USD might motivate people to invest their fiat into bitcoin in the want that there fiat will get more price valuation or at least they will get good returns on it. This is how it can get better for bitcoin in worst conditions like USD falling down. That's just example of scenario that might really happen.
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deisik
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October 11, 2017, 08:17:51 PM |
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I think USD fall will barely affect the prices of bitcoin. They are not interdependent because whatever we people put into bitcoin market is what defines the bitcoin legacy. I mean if the price of USD is xyz then we will get the bitcoin rate depending on much xyz we really put into bitcoin. That's really different calculation and moreover fall of USD might motivate people to invest their fiat into bitcoin in the want that there fiat will get more price valuation or at least they will get good returns on it. This is how it can get better for bitcoin in worst conditions like USD falling down. That's just example of scenario that might really happen
That remains to be seen And would largely depend on how hard the US dollar is going to fall and for what reasons exactly. If the dollar just gets devalued due to some disastrous monetary policy of the Fed (which is an unlikely event anyway), people will run for cover into other currencies, Bitcoin included. But if the economy of the US crashes and causes severe repercussions throughout the world (which is not less unlikely), I don't think that Bitcoin will profit from this since people will become poorer overall, and there will be less demand for Bitcoin as well as other speculative assets. Most certainly, people will try to buy metal gold and get rid of paper, digital paper as well (where Bitcoin belongs)
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wahb
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October 11, 2017, 10:48:36 PM |
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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.
If USD falls then the whole market will crashed in this day because all the dealing and trading internationally is in US dollars. On the other hand I think that bitcoin is more popular than USD, because in many countries bitcoin is used in their local markets but the dollar has not the same capacity like bitcoin. But all this will happen in the future. In this day the hold over the market is of dollar.
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layoutph
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October 11, 2017, 11:07:07 PM |
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If USD price drops then the price of BTC/USD ETH/USD would surely rise. Even in Forex EUR/USD GBP/USD and other pairs would rise too. Yes it will affect BTC as people from USA would simply sell all their USD to save the value in BTC or other currency. 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'm think the same way as you do. 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. On the other hand rupee of India being limited to Indian country it shown effect on bitcoin price. So we can really imagine it would drastically change the bitcoin price.
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automail
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November 22, 2017, 05:20:27 AM |
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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?
If USD currency falls, it will affect the other currencies as well. So let's pray that it won't happen again. After the 9/11 bombing, USD falls and other currencies went up. It happened in our country. While it is an advantage to the most of the people from our country, the overseas workers are suffering because USD exchange rate is low. For BTC, it will affect the price since USD is one of the barometer on every currency exchange. Conversion to money will be lower anyway so its not actually a good thing to happen.
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nagatraju
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November 22, 2017, 01:55:01 PM |
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I don't think that it's profitable for someone to make the dollar fall...it's almost the most stable currency and no one will be happy if its rating goes down
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ask
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November 22, 2017, 02:32:41 PM |
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If USD falls then Gold will rise and also Eur will rise. Then this means Btc/Usd pair will rise too. Its for sure in mid term we will see that USD start to fall and all pairs against USD will rise.
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Rajatruck
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November 22, 2017, 02:34:45 PM |
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I do not think the banks will drop the SUD immediately, the population is not ready for such a big change
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trako
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November 22, 2017, 02:38:10 PM |
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After the USD depreciates, the price of bitcoin will increase. people are looking for things that will keep their money in order to prevent their investments from depreciating. I think that bitcoin does not fall. If nobody gets the bitcoin as an alternative when the dollar falls then the value may fall.
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explosion
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November 22, 2017, 02:39:41 PM |
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I guess it will cause people invest in bitcoin... but naturally they ("from above") will not let this happen, they will rather cause demand in USD to make the price higher
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