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Author Topic: Us dollar crashing = bitcoin will start rally to 2,700 $ + ?  (Read 1113 times)
tigerwood0432
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July 07, 2017, 01:05:47 PM
 #1

What do you think ? Does usd crash will impact btc price ?


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July 07, 2017, 01:17:13 PM
 #2

USD seems to be a separate market and the value fall of USD won't have bigger impact upon bitcoin. Even though the price increase with bitcoin happens the value when converted remain the same, because bitcoin is calibrated in terms of USD.

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July 07, 2017, 01:24:52 PM
 #3

What do you think ? Does usd crash will impact btc price ?

It might be the same compared to USD but lose value compared to gold and other currencies. To be honest I don't believe that this will have some huge impact on the bitcoin itself simply because BTC traded value is still low compared to the most of the fiat currencies and because of its low usage. Bitcoin is still new if you would want it to switch USD in terms of currency, it is new and a lot of people are still sceptical and some don't like the idea of them keeping the coins safe, they rather tend to trust the 3rd parties more with their money.

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July 07, 2017, 01:52:14 PM
 #4

The Bitcoin value versus the Dollar is of little significance, and may be totally irrelevant both now, and in the future. We compare Bitcoin value to the dollar’s because they’re both seen as currencies, but Bitcoin value is much more than that.
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July 07, 2017, 02:12:59 PM
 #5

USD seeing to be felling since the GDP report this week against others currencies, cryptocurrency inclusive.  I am predicting price to get to $3000 before the first August 2017. $2,700 is now in view! Hope the market take another upward movement from this level. Many people who buy deep last month can now take profit after the next move. Thank.

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July 07, 2017, 02:33:10 PM
 #6

What do you think ? Does usd crash will impact btc price ?
Not, I checked three time US Dollar crashing from Forex market, but not see the price of Bitcoin and Crypto market have fluctuations much. Still normal, only by the price of Bitcoin can make the price other altcoin falldown or rising up
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July 08, 2017, 09:10:36 AM
 #7

What do you think ? Does usd crash will impact btc price ?
Theres a possibility impact of btc price when US dollar crash.When dollar is crash btc will rise up this will be the oportunity of btc to be famous to all the world because btc will get to a higher price and its possiblle that people will panic buying on btc because this might produce a big amount of price in the future.

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July 08, 2017, 11:13:48 PM
 #8

What do you think ? Does usd crash will impact btc price ?
Theres a possibility impact of btc price when US dollar crash.When dollar is crash btc will rise up this will be the oportunity of btc to be famous to all the world because btc will get to a higher price and its possiblle that people will panic buying on btc because this might produce a big amount of price in the future.

It could be, but I don't think there is a correlation between the two. USD is a has its own space separate to bitcoin market. So for me, NO, it has no effect at all. I also see pattern that bitcoin goes up together with USD so it really shows that there is no relation regarding the price.

The price of bitcoin is currently at 2550$ and up by 2% and I guess 2700$ is possible. Maybe just a matter of weeks before we can touch it again.

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July 08, 2017, 11:33:18 PM
 #9

i have to agree how much of the world wealth is tied up in USD? 2nd largest economy and most of the world's oil is traded in dollars to my knowledge. It's all so complicated though it's hard to broad stroke anything.

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July 09, 2017, 05:47:23 AM
 #10

What do you think ? Does usd crash will impact btc price ?

Not likely.
It seems the fiat and BTC are independent.

BTC seems stronger and having unique value,
BTC and crypto group have chance for the world.
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July 09, 2017, 06:09:53 AM
 #11

generally i believe any kind of economical crash in the world or even the fear of the economical crash will lead to people seeking other investments. and as it happens lately bitcoin has been getting the headlines as being the best investment with the biggest return.

so i believe it is safe to assume bitcoin will see an increasing demand because of USD crash and that can lead to its price rising.

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July 09, 2017, 06:23:50 AM
 #12

If usd is crash down, it will seems like the Bitcoin price is going up, but the one that happened is the usd that lost its value, but actually usd is only act as converter currency, and you will see the trading price in usd is raising up, but the Bitcoin value is not really going up


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July 09, 2017, 06:46:33 AM
 #13

If usd is crash down, it will seems like the Bitcoin price is going up, but the one that happened is the usd that lost its value, but actually usd is only act as converter currency, and you will see the trading price in usd is raising up, but the Bitcoin value is not really going up
Yeah, if you are using USD, the prices in your country still remain the same, so normal citizens would still use USD, but maybe for Bitcoin users, they may buy, but I am not so sure to what extent this impacts the price of Bitcoin. Only a huge drop would lead to such rally, I suppose.

Furthermore, trading/buying from USD to BTC costs fees which is otherwise not worth if the change in price is small.

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July 09, 2017, 07:09:49 AM
 #14

What do you think ? Does usd crash will impact btc price ?
Theres no relation among these two things and thinking off that bitcoin is mainly dependent on USD price and if it would crashes then bitcoin price would be still even the price or value decreases. They do have different market and we cant compare a digital asset into a strong international currency.


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July 09, 2017, 07:10:10 AM
 #15

USD crashing  Huh Are you talking about inflation?

All fiats have inflation that's why bitcoin is in high demand because supply of bitcoin is fixed and nothing can increase that supply of 21 million in total.
High inflation in fiat will definitely help bitcoin price, people are exchanging their fiats to bitcoin to remain in safe side from possible financial crisis.

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July 09, 2017, 07:54:08 AM
 #16

The impact is actually opposite, it's Bitcoin that is crashing the value of USD, just give it time a few more years and you'll see how Bitcoin will dominate international economies, this wanting price to hit $2700 is just a day trader short term scope, some body who wants to buy at $2500 and then less than a week later dumps them for $2700 so what does he do, he goes round around praying for $2700 as fast as possible. he doesn't actually care if something like Bitcoin could change the lives of billions in the next 100 years.

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July 09, 2017, 08:07:27 AM
 #17

What do you think ? Does usd crash will impact btc price ?
Certainly will impact. When money will be moving out of one instrument, those inversely proportional to that investments will get benefits. Gold and bitcoin /cryptocurrencies are inversely proportional to dollars. It means when dollar finds appreciation, these trading instruments will find downfall.

But in recent times, I did hear Trump's recent dramatic policies are supporting strong dollars in coming months. Hence, even dollars find downfall, it may not last for long term to give significant impacts so we cannot expect any big rally for bitcoins just due to this reason.
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July 10, 2017, 01:15:52 AM
 #18

Folks please be realistic and stop dreamin that USD crashing. It never crashes. What crashes is that the governments and usd looks like an output but it's not. It keep dominating the world. Even this reality, bitcoin still has the potential to rise in short-middle-long term.
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July 10, 2017, 03:35:52 AM
 #19

i hope bitcoin price incraese reach to 3000 dollar again, not only 2700 dollar


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July 10, 2017, 03:45:11 AM
 #20

Bitcoin will certainly continue to grow in perspective with corrections, but the overall trend will be directed upwards. But I believe in the dollar, because it is the main currency for international payments. Therefore, the dollar can not fall, as a crypto currency several times.
In one day we will see the cost of bitcoin in 50 000 dollars, but this will not mean that the dollar has fallen in price.
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