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Author Topic: what will happen with the BTC, if the dollar falls  (Read 3355 times)
coinplus
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December 08, 2017, 05:06:14 PM
 #81

bitcoin prices are not affected by dollar prices, even if the dollar price falls, bitcoin prices will stay that way, will not change.
Yes, if dollars are shutting down, peoples will try to find some or the other profitable currency and nothing is better than bitcoin for investment. more and more peoples will try to invest in bitcoins at that situation and the prices for bitcoins will go much more above. Also dollars are spread over huge places like United States of America, Africa, North America, Etc. Also the global market depends a lot of dollars.
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December 08, 2017, 05:18:16 PM
 #82

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

As we know America has about 20 trillion $ foreign debt,despite this fact YUAN can't reaplace it,because the dept is in US dollars and the amount  is not bigger than what America produces in a whole year.In my opinion,It won't happen,USD dollar is too strong and this Country has a good economy.In another situation,Of course, devaluation will have an effect on Bitcoin and olso on Euros/Canadian dollars and i think this effect will be bad but its not excluded that people  may start buying bitcoins as a  safe-haven currency as in Russians situation.
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December 08, 2017, 07:35:56 PM
 #83

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.
What are you even saying? In one way or the other, everything is interconnected but not in the way you are even saying it. Bitcoin is a currency, USD is a currency. The difference here is that one is decentralized while the other is not. If dollar should lose its strength, it can fall but that does not have anything to do with Bitcoin's value.

In worst case scenario where people even end up not trusting the USD and decide to dump it for bitcoin, that even strengthens Bitcoin the more, while Dollar ends up losing its strength except for the fact that it is controlled anyway.

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December 09, 2017, 12:42:43 AM
 #84

If the dollar falls then every currency will fall, it does not matter if it's a paper or crypto one.

Everything will fall exactly because btc connects with only one currency thats dollar, and I'm pretty sure dollar will never fall thats until forever.
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December 09, 2017, 01:10:54 AM
 #85

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

Yes it is true. Usd is never changed by Yuan. Yuan is not really accepted in most country.
But if USD fall then the time for cryptocurrency to grow more and more.
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December 09, 2017, 03:29:23 AM
 #86

I really think it is impossible that dollar will fall, but if it happen well i guess its either bitcoin value will gonna crashed too or it will open a lot of new opportunities for cryptocurrency to recognized by the government.

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December 09, 2017, 04:09:26 AM
 #87

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

Nothing special, people start using crypto currencies. I don't think Yuan will take over. Instead of pegging it against dollar people will value it against 'real' goods like an egg for a Satoshi and so on.
yeah right,and do the Op think what would be the americas
move if they push that matter?to think that uts impossible to happen
its more impossible that so many to choose why Yuan,its Yen first before
 yuan does
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December 09, 2017, 08:17:42 AM
 #88

If the dollar falls the value of BTC increases because of its demand. The value of BTC doesnt depend on the value of dollar.
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December 09, 2017, 05:06:02 PM
 #89

If USD falls then many crypto currencies value going to moon not only BTC...
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December 10, 2017, 09:09:53 AM
 #90

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

From my personal point of view, the appreciation of other currencies such as the US dollar, YUAN, or not, will not have much impact on Bitcoin as the nature of the BTC does not depend on any currency. With the YUAN coin I think it will never be able to replace the US dollar, only the BTC will have enough influence to replace the USD in the next 10 years. In the current situation of reducing BTC, the purchase of USD then invest in Bitcoin is wise, can make a big profit. Since USD price is always stable and BTC is up and down eratically  Tongue
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December 10, 2017, 09:16:17 AM
 #91

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

If dollar falls so bitcoin will tak its time to run even higher more than highest high.
Yuan will have no power to change dollar in this case. Dollar will always as international known currency.
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December 10, 2017, 10:23:08 AM
 #92

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

Nothings bitcoin is an independent coin.

most of us make [Bitcoin & other cryptography] exchange to USD and reference for the dollar price.

you can exchange your [Bitcoin & other cryptography] for any coins. 

generally, if YUAN replace the dollar price of bitcoin will increase because most of [Bitcoin & other cryptography] came from China.

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December 10, 2017, 10:35:48 AM
Last edit: December 13, 2017, 07:58:58 AM by felipe04
 #93

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
fiat to btc,i think that's not good because of volatile price of bitcoin and there's a lot more problems.Think if we replace fiat with the volatile price of bitcoin that's not good because think if you deposit in some bank and after a few years bitcoin drop by half so it's not good.I think we always need to risk some money here in bitcoin if you want to stay here
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December 10, 2017, 10:44:03 AM
 #94

Maybe the btc will down..
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December 10, 2017, 04:54:11 PM
 #95

Theirs a possibility for yuan to be in the place of dollar in worlds currency however i don't think it will affect bitcoin ot any cryptocurrecys price at all.
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December 10, 2017, 05:05:39 PM
 #96

Yuan won't replace the us dollar anytime soon. Americans & Europeans have no interest buying and selling in yuan, lots of currency controls in place on yuan, china manipulates their currency even more than the usa does. Doesn't make sense for yuan to be a worldwide currency
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December 10, 2017, 05:15:53 PM
 #97

It would be very much likely that there would be a rush to buy Bitcoin just as there used to be with Gold. However, this could only serve a certain part of the population as it would not be very convenient for corporations to try and secure assets through Bitcoin. Only those with a high risk tolerances would prefer Bitcoin, the number of those interested eiumd depend on how much the dollar could fall.

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December 10, 2017, 05:34:51 PM
 #98

I dont think dollar will fail. But if it does, more people would switch to cryptocurrencies. So I think, bitcoin price would raise.

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December 10, 2017, 06:30:54 PM
 #99

If the dollar falls the bitcoin is going to gain from that nothing going to stop bitcoin as the usage of bitcoin is day by day increasing so anything can be happen so it is time to make strategy to hold the bitcoin and expecting the better result from it.

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December 11, 2017, 01:23:32 AM
 #100

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
Well I think if the value of dollars fall down,
Then the value of BTC will also crash down.
Since bitcoin is just for online transaction only and has no physical appearance,
Means its still depend on dollars.
And the dollars are the universal money currency so far.
So it has a big effect in the value of bitcoin the rate of the dollars.
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