neonshium
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December 02, 2017, 10:42:48 AM |
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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. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . This case will lead to Bitcoin price go to the moon ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ). But it's just a theory and I think it'll never happening. Dude, like seriously, your answer adds up to nothing. Who gave you the idea (and hope) that if dollar fails that people will prefer to use Bitcoin? Funny, nobody would get into Bitcoin just because dollar failed or whatever it is you may think. And to let you know, if dollar fails and another currency takes over, Bitcoin will be affected in some ways, because calculations are mainly being carried out in dollars. If dollar fails, another currency will probably take over.
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justdimin
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December 02, 2017, 02:27:55 PM |
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Please explain us how the Yuan will replace the dollar? Will China militarily intervene in the US and force the citizens to use Yuan instead? Crypto currencies will continue to boom and this totally independent of whether one crap currency will replace another government issued currency!
If the value of the dollar falls and it continuously falls, then the price for bitcoin in US dollar will increase as it already happened during the past years.
I really wonder. Dollar falling in value does not mean China will just impose Yuan on every country globally to start making use of Yuan as a global currency. Worst that can ever happen is that the value of USD will drop against other currencies which would also include bitcoin and then a lot of investors anyway would just find a better means to store their currency and get a better value for it.
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yamortsac
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December 02, 2017, 03:48:00 PM |
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If dollar falls, I don't think it will affect the bitcoin because bitcoin has its own value and I don't think dollar will fall then Yuan will replace it because economy of america is stable eversince. It is just my opinion.
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ModaFuka1994
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December 02, 2017, 04:21:41 PM |
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I think when the dollar fall, Bitcoin price will increase very quickly and go to the moon soon. Beside Bitcoin will be able to replace dollar as a global currecy then it'll be legalized worldwide and we can use it directly worldwide ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . But it's just "if", I think this case is really hard to be happened cause dollar stable all the time for a really long time so it's almost no chance for dollar fall.
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Lanatsa
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December 02, 2017, 04:44:30 PM |
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There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
I wont see any major problem.If Dollar currency would really be replaced or fall then Bitcoin can just simply jump into another currency which its value would really depend.I dont see any news regarding on this matter that Yuan would able to replace dollar soon since i do see this thing is an impossible thing to happen. We do see on all the pairs or currencies which bitcoin is being traded it is not actually dependent into USD alone but there are still some options like EUR and any currency we do normally see on trading exchanges.
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Sasuke102001
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December 02, 2017, 04:50:58 PM |
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Please explain us how the Yuan will replace the dollar? Will China militarily intervene in the US and force the citizens to use Yuan instead? Crypto currencies will continue to boom and this totally independent of whether one crap currency will replace another government issued currency!
If the value of the dollar falls and it continuously falls, then the price for bitcoin in US dollar will increase as it already happened during the past years.
Lol man China won't be even able to touch the coastal borders of the US, US is still the superpower. And now to the question, I would say no effect because (1)citizens of different countries check the value of bitcoin in their respective national currency.(2) But maybe it dollar going down would increase the price of bitcoin maybe not sure. But most probably if such a thing occurs the 1st is to happen.
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suzanne5223
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December 02, 2017, 05:12:32 PM |
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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. As it impossible to be no sunshine or rain so it impossible for Yuan to replace USD because the Yuan government can't even control/maintain their national currency and USD is the most currency spend across the globe. However, nothing will happen to bitcoin if USD fall.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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beerlover
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December 03, 2017, 01:05:19 PM |
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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. Even if dollar falls, we can count bitcoins with respect to any other national currency like INR, GPU, EURO etc. I don't think, bitcoin will fall if dollar falls. Dollar goes in the field of stock market. Stock markets will face a huge dump if dollar falls but bitcoins will not get affected as it has nothing to do with dollar except exchanging it to dollars. Dollars and bitcoins does not have much relation as dollars are completely centralized and are owned by a particular country whereas bitcoins are completely opposite. Bitcoins are completely decentralized and also are not owned by any individual country.
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Vanshenz
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December 03, 2017, 01:57:00 PM |
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I think nothing will happen, because falling dollar prices will not affect the bitcoin price. The bitcoin price drops if no one buys bitcoin or many people who sell bitcoin.
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syaripudin
Sr. Member
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December 03, 2017, 02:33:57 PM |
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Bitcoin is only for storage or an investment in assets that are stored for a long time like any other type of investment and now bitcoin has become the choice of investors who want to invest in bitcoin. but in my opinion the development of virtual currency bitcoin will not be able to affect the existence of USD for now because I think virtual bitcoin currency is just a form of investment or trade that if one day already get the results that they think is enough of course they will return exchange for USD or from various currencies that exist in this world. so I think till whenever the dollar will still exist as the most popular fiat in the world.
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Zianingbu
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December 03, 2017, 09:56:54 PM |
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Maybe it seems to me if the dollar fell in currency will all be running around to the world, because that's where the bitcoin bitcoin provide all the conveniences to change currencies the dollar falling. because it had a value of bitcoin is very high
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Kingofbitcoin12345
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December 03, 2017, 11:13:59 PM |
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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. Even if dollar falls, we can count bitcoins with respect to any other national currency like INR, GPU, EURO etc. I don't think, bitcoin will fall if dollar falls. Dollar goes in the field of stock market. Stock markets will face a huge dump if dollar falls but bitcoins will not get affected as it has nothing to do with dollar except exchanging it to dollars. Dollars and bitcoins does not have much relation as dollars are completely centralized and are owned by a particular country whereas bitcoins are completely opposite. Bitcoins are completely decentralized and also are not owned by any individual country. Don’t get me wrong,, my opinion only counted “if usd falls”,, it doesn’t mean it will happen but just assumptions of this will happen in the future.. I know that there still more currency can be used and only those country uses $usd can be affected by its fall.. I’m from those other country that doesn’t used $usd dollars in my life,, so I will never be part of its downfall.. Cryptocurrency is decentralized as a whole and I agree with that and I hope it will stay like this for a lifetime..
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bitllionaire
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December 03, 2017, 11:40:04 PM |
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I think nothing will happen, because falling dollar prices will not affect the bitcoin price. The bitcoin price drops if no one buys bitcoin or many people who sell bitcoin.
Dollar is one of the strongest currency of the world, therefore i think very little possibilities are there that Dollar will fall. i think majority of the world economy in current time is depending on Dollar, therefore it Dollar will fall it will really bring a tsunami in the economical condition of the most of the countries of the world. Although it is expected that bitcoin will reduce the use of Dollar after a long time when bitcoin will become more common, but i think it is really too much difficult to make Dollar disappear.
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davinchi
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December 04, 2017, 07:52:24 AM |
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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.
This is really to understand, and hard to explain too. But I believe that if dollar fails, Bitcoin fails only when compared to the currency that takes over. For example, let’s say that Singapore dollar surpass dollar and dollar fails, and before the fall, Bitcoin was sold for $1000, Bitcoin will still remain that $1000, nothing changes. I don’t really know to explain, maybe I should just end it here.
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eloymjb
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December 04, 2017, 09:38:24 AM |
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base on my own speculations. i think nothing will happen on btc whenever dollar will fall. i do believe when dollar fall the price of bitcoin will totally go to the moon and start to price high. but this is just my own speculation.
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mharz
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December 04, 2017, 01:18:38 PM |
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base on my own speculations. i think nothing will happen on btc whenever dollar will fall. i do believe when dollar fall the price of bitcoin will totally go to the moon and start to price high. but this is just my own speculation.
You make me laugh buddy, when dollar value fall down the bitcoin price will fallen down too. If you think bitcoin value was always depending on the dollar value. Therefore if you notice we always expecting high price of bitcoin in the market but when they we base in dollar right? So don't be hypocrite saying that when dollar going down bitcoin raising up into the moon.
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kdrama
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December 04, 2017, 02:19:59 PM |
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There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
nothing because bitcoin is not a physical money you know. it is a digital money that we can actually used in the internet , using internet dollar will not change for sure yuan is not that good money for me.
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Tyrantt
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December 04, 2017, 09:58:41 PM |
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Probably nothing and even if that happens, big bitcoin investors would probably dump all of their btc and sell it for EUR or whatever they like the most and that said currency will gain power, yes? just as dollar isn't the only currency out there, bitcoin isn't the only coin.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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lvincent
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December 05, 2017, 01:46:06 AM |
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It's impossible that dollars or fiat will fall this system is in here for almost a century i think it's not gonna fall now i mean there is no such thing that can make dollar fall, and you'll not gonna worried about bitcoin if dollar falls it's not 1st thing that will come in your mind i'm sure of it.
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ASHLIUSZ
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December 05, 2017, 04:13:11 AM |
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Dollar and bitcoin have direct dependence, because bitcoin is calibrated in terms of dollar. When the dollar value falls, automatically the value of the single bitcoin too decreases. In one way or other everything is interconnected, so there will be corrective factors that make the change in the value system.
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