Barrett Edwards
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May 13, 2018, 08:59:44 AM |
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People might move to other areas to make money then. Cryptos is better alternative
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josephpogi
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May 13, 2018, 01:25:39 PM |
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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?
in the current world USD is using to measure many things such as oil, gas, gold and many precious things. if USD will fall then businesses sector will face many difficulties. basically, the USA will be fall in crisis. but for the time being everything will be in haphazard but after sometimes it will regain or replaced by any other currency.
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Pemburu dollar
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May 13, 2018, 02:09:14 PM |
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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.
I think bitcoin not look like the people want if not really bound on anything. if the United States dollars lost its value then I am pretty sure that people will start using different currency (gold). since gold there for a while I am pretty sure that the people in the IMF want to classify gold with something that they can get up also so that they will not feel so powerless when they make gold as payment options.
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trako
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May 13, 2018, 02:29:13 PM |
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People will buy more bitcoins if the dollar falls. because bitcoin drops in cost and bitcoin becomes valuable. this is already the fear of many states in the world. BitCoin is valuable.
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buternasek
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May 13, 2018, 02:37:46 PM |
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If USD would fall then not only bitcoin would be affected but most worldwide currencies which do have strong ties or relation on USD.For sure economic activity would really be mainly affected if that scenario do happen but knowing usd it wont easily crash and yes it being considered most or one of the powerful currencies of the world and it hard to believe that it would crash so easily.
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sepeda karat
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May 17, 2018, 03:21:37 PM |
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The contours of the US dollar reaction will likely depend on other countries' reaction to tariff policy. A stronger power could be the pull of capital flows into the US, "
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Aristus
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May 18, 2018, 11:52:04 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?
Bitcoin is decentralized, so whatever happen to USD it will not be affected. Have you ever heard the news that the value of bitcoin is decreasing? Nothing, right? We only experienced the dip moment everytime that there is FUD news reheating bitcoin and crypto currencies. Centralized and decentralized are not the same, both are in different world and it is impossible that the different world can affect the value of another world.
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queenlaurel
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May 22, 2018, 08:48:31 PM |
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I agree with you on this that if the USD falls the price of Bitcoin will increase which will make it a good investment and business for us all. We'll be having enough people investing in Bitcoin so as not to loose entirely.
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HatDen
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May 22, 2018, 08:55:01 PM |
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Institutional traders are already here, so we all depend on each other. Correct me if not so.
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usmanov123
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Chikuntv
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May 22, 2018, 08:58:04 PM |
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Some plp are still saying that BTC is a scam. I've been studying economy for a couple of years and $USD is quite shady coin tho
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Stephen1989
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May 22, 2018, 09:13:05 PM |
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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.
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Kambala07
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June 08, 2018, 04:54:58 PM |
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After the USD depreciates, the bitcoin price will increase. people are looking for things that will save their money to prevent their investment from depreciation. -I think the bitcoin did not fall. If nobody gets bitcoin as an alternative when the dollar falls then its value can go down. -If Usd price falls .. I will buy as much money as i have and i will save usd money in time till usd price increase, then i just redeem the usd money after the price of usd currency goes up high.
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tranduc2101
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June 08, 2018, 05:15:25 PM |
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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 the value of the dollar falls, the value of electronic money will increase because people will think that electronic cash is worth more than the dollar. The high demand will make bitcoin and the electronic money market go up
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cryptojaani
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June 08, 2018, 05:26:50 PM |
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USD has impact in many world currencies, if it's down fails other currencies will got affect of it. But i don't see it would affect in Bitcoin value as bitcoin was traded because volatile of supply and demand, so if conditions when USD falls and many people selling their fiat to buy BTC
Yeah usd is a global currency but I think 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.
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Howard1102
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June 08, 2018, 05:36:44 PM |
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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 do not think that the fall of USD price could increase the bitcoin price. Because there are many other currencies in the world such as the Euro and GBP, these currencies can completely replace the USD
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Greed Dev
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June 08, 2018, 05:52:08 PM |
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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 falls, then I think nothing will happen. Other currencies will replace the USD. Bitcoin is a good coin but is only used on the internet. People will want to use more cash
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yuukireit
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June 08, 2018, 05:57:01 PM |
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the matter is, what is the causes of the fall of USD, if the fall because of the world economic then btc can stand along itself independently without usd matter, but all the economic currency are falling down so btc are going to falling down too
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King money
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June 08, 2018, 06:20:26 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
I think in the future but now, USD strong and stable so that it is impossible to USD crashed. if USD fall then it would be nice to bitcoin due to the value of USD will low and it will be the entry point good for people who have USD to buy more bitcoin in their investment and it will help bitcoin to get high prices.
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bowals
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June 10, 2018, 11:39:27 PM |
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In simple terms, if usd fails, we are going into recession! Everything crashes. Then like the Phoenix, etc would rise from the ashes, stronger!
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demonz666
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June 11, 2018, 02:26:48 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 never imagined the USD currency would fall. USD is very strong and has become an international currency. and now the US gold reserves are also very much and the American economy is also very advanced and stable so I think the USD will not fall.
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