what will happen with the BTC, if the dollar falls

[AMHURSICKUS]

If dollar falls, i think there will be no change in bitcoin. Bitcoin will continue to grow and grow. You are saying that yuan will replace dollar, in my own opinion its not and it will never be. Yuan is a type currency that china using and dollar is a currency that US use so its hard to think that yuan will replace dollar, maybe it can surpass the price but replacing it as a currency will never be happen.

[1714845846]

1714845846

[1714845846]

1714845846

[1714845846]

1714845846

[1714845846]

1714845846

[1714845846]

1714845846

[1714845846]

1714845846

[yojodojo21]

Dollar, Peso,  rupee, all are Different currency (FIAT) . if dollar falls then some currency will rise, In My country, There are two Currency that is great in conversion of amount, Dollar and Euro, so if dollar falls Euro will arise since bitcoin is not known into any respective place in my country. and if this happen A good idea is  to consult the United Nation Leaders if they agree. Bitcoin will always be volatile and strong if this happen.

[Laland]

Dollar, Peso,  rupee, all are Different currency (FIAT) . if dollar falls then some currency will rise, In My country, There are two Currency that is great in conversion of amount, Dollar and Euro, so if dollar falls Euro will arise since bitcoin is not known into any respective place in my country. and if this happen A good idea is  to consult the United Nation Leaders if they agree. Bitcoin will always be volatile and strong if this happen.

Country might be stated as the most powerful country but their are alot of countries richer than them. We can have euro or even pounds as one of the main currency for tracking how much bitcoin has increased if ever dollar alone would fall.

[zhekinsp]

There is no connection between the bitcoin price and dollar price normally we calculate the bitcoin price in dollars.So if the dollar falls there will be no change in bitcoin price.
But there is no chance for dollar price to fall because America is controlling the world's economy so they never let their country's currency value to fall.

[kucritt]

i think it can't be that China yuan replace the united states dollar for right now, and maybe cryptocurrenceies specially bitcoin would not receive the big impact about that issues and the price will stable because bitcoin is working separately with USD or another currencies

[Hydrogen]

Re: what will happen with the BTC, if the dollar falls

Historically when fiat currencies such as the dollar or euro fail, people buy gold (precious metals) to maintain the value of their wealth in the face of devaluing hyperinflation. If gold or precious metals are unavailable, recently there has been a trend where people have bought big screen TV's and other electronic devices (goods) in an effort to avoid having their fiat denominated wealth be devalued.

Bitcoin's performance over the past year and its supply being algorithmically limited could recommend it as a more desirable option to gold or precious metals. The problem with gold is, it has no point and click electronic utility. It must be physically carried and spent which greatly limits its buying power and application. Precious metals are not supported as a legitimate means of buying/selling in most economies. Without venturing too far into the gold versus bitcoin debate suffice it to say that bitcoin could dethrone gold as the de facto standard in terms of what people buy in times when fiat is in distress.

[richmcrich]

I think the price of bitcoin will increase and it will be difficult for us to buy bitcoin to lower the bitcoin price because bitcoin is now expensive.

If dollar falls, I believe another currency will pick up and become the best currency as dollar is now. So I don’t think that will in anyway affect Bitcoin, whether dollar fails or not. Something tells me that dollar won’t fail, cause lots of things has been established there. Every big company in the world are kicking it off in U.S.

Dollars is a global currency. That is the reason why it is the basis of bitcoin. As a global currency it is not possible to easily replace it by other currencies. Even dollars is not used due to state currency diffences, it only means that still most of the population uses it.
Answering the question of what will happen to bitcoin, that only means that the amount value of dollars will increase that will represent the exact value in bitcoin.

Yes, United States is the world power, and dollar is the reigning currency, but if dollar happens to fail (which probably means U.S is out of being the world power) I believe another currency will be in control. This is a long story, I better cut it short and say– whether dollar will fall or not it will have nothing to do with Bitcoin I believe.

[el kaka22]

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

Still there are very lesser number of people only using the bitcoin, we see that bitcoin is still not used bigger ratio around every place.
yuan will not replace the usd or any country.
We need the large number of adoption on bitcoin like by corporates or whales who have been invested on bitcoin. In future we will find the more altcoins and each will be added as a national currency for different alts.

I see this changing in the long run. We cannot expect bitcoin to just step in now and everyone accept it immediately. I remember when the whole idea of email started, it took so many years before it could turn to a global widespread thing and people started adopting the use of email and then we keep having improvements gradually. The same thing will end up happening to bitcoin.

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

I really do not see that happening anyway and maybe that is what China has been hoping for which has been making them attacking bitcoin from every angle. I really do not see how the downfall of dollar will affect bitcoin negatively; people will just go ahead with their normal daily activities and then make use of bitcoin to do their transactions which would even keep strengthening bitcoin.

[popeye95]

The dollar will not fall, a depression maybe but said dollar fall was not possible because it was the main currency in the world, back up by a giant of economic and military, America.

[OuterTech]

If the dollar will fall I think people will prefer use Bitcoin to dollar and Bitcoin will become more popular than before and it'll be legalized in almost countries all over the world.. This case will lead to Bitcoin price go to the moon ). But it's just a theory and I think it'll never happening.

[serjent05]

I think BTC won't be affected if ever the value of dollar falls.  We all know that Bitcoin value is independent from the the fluctuation of dollar.  The only effect is that Bitcoin have more value in Bitcoin to dollar exchange and when Yuan become stronger then the only effect is that the Yuan dollar exchange will be affected and this also means that Bitcoin will still have the same value. 

[Blockfolioz]

Bitcoin is valued in terms of dollar, so a drop in dollar value will surely get termed to be a drop to the value of bitcoin. However high the price might be, this is the true fact.

[krisnt80]

I doubt something would happen, it would be a surprise to see dollars being replaced by another currencie, but since people would adapt those and using it the same way we do with dollar, some use for store of value, sure in the begining it would make a huge impact over the price, but well there is euro as well  that is more easy to trade. Most people would adapt to the changes, even with those meaning another player taking the main role into bitcoin transactions.

[sxafir]

Btc more pump,but now USD is stable.

[BitcoinIsTheAnswer]

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

I don't think Yuan could replace dollar more likely euro could be the one, but not close, usd are spread over Latin America and Africa.

[beerlover]

If the dollar falls I think there will be only one thing can happen with BTC is Bitcoin price will go to the moon ). But I think this case will never happening cause dollar will never being replaced by Yuan

Bitcoin price will of course soar higher as we will end up seeing investors trying to quickly put their funds where at least find a better value. However, in a case that something like this end up happening, I guess global currency power won't just shift from USD to Yuan just because of that and I really do not know how something like that would even play out.

One thing is that other currencies will just end up stronger, but I do not really think that can cause another currency like Yuan being used as a global currency.

[arief89]

bitcoin prices are not affected by dollar prices, even if the dollar price falls, bitcoin prices will stay that way, will not change.

[cryptostream]

The dollar will never fall. the government will not allow this to happen

[cryptojac17]

Re: what will happen with the BTC, if the dollar falls

Historically when fiat currencies such as the dollar or euro fail, people buy gold (precious metals) to maintain the value of their wealth in the face of devaluing hyperinflation. If gold or precious metals are unavailable, recently there has been a trend where people have bought big screen TV's and other electronic devices (goods) in an effort to avoid having their fiat denominated wealth be devalued.

Bitcoin's performance over the past year and its supply being algorithmically limited could recommend it as a more desirable option to gold or precious metals. The problem with gold is, it has no point and click electronic utility. It must be physically carried and spent which greatly limits its buying power and application. Precious metals are not supported as a legitimate means of buying/selling in most economies. Without venturing too far into the gold versus bitcoin debate suffice it to say that bitcoin could dethrone gold as the de facto standard in terms of what people buy in times when fiat is in distress.

If dollars fall its value difinitely BTC will also fall because the value of BTC is measured in dollars BTC has no value because it is only the perception that this currency that we  cannot touch has a value.the true assits is the thing that we can see like real properties and gold which  never devaluate.

[Jedzkie050617]

If usd falls that is good for cryptocurrency and if yuan will replace it,, the effect of this event to bitcoin is minimal.. Then it will only boost the usage of Yuan worldwide,, so in short it only be a one sided benefits more on Yuan than to cryptocurrency.. I’m not a fan of this fiat currency but I’d rather have this than usd that is overrated for so long even we all know that America is economically down having trillions of debts to China is as telling as it is..

Actually, it is impossible to happened since the economy on the united states is stable and bitcoin's performance is good and breaking its previous records. Well, if we try to assume that it will happened, USD is not the only currency that can affects on bitcoin which there are many currencies throughout the world as a reference currency. Bitcoin doesn't rely on USD currency but all currencies which can be converted to bitcoin. Also, bitcoin has its own value as an independent currency in the cyberworld.