jomarthegreat89
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December 26, 2017, 10:59:05 PM |
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Now i see that the dollar only shows how much Bitcoin is worth and its exchange rate or value does not affect Bitcoin in any way. Hope I got that right.
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pheonyx
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December 27, 2017, 02:55:11 AM |
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Nothing I think. Because if the dollar will fall BTC still can be exchangeable on other fiat money.just my own understanding.
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cryptobengal
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December 27, 2017, 03:34:48 AM |
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i think one of the reasons for the rise in the price of bitcoin now, is the fact we are seeing the start of the fall of the dollar , hyper inflation , and its going to get worse
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Scor1937
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December 27, 2017, 04:34:22 AM |
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I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
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Batmain
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December 27, 2017, 05:18:42 AM |
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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?
Cryptocurrecies and fiat are two different world, though they ar einteracting in exchanges BTC wont give a damn on dollars price because the price discovery of BTC is based on its supply and its users even if the dollar value will deflate up to 10 times its value now if bitcoins user and its demand wiwill continue to grow it wont affect its value and its exchange to dollar will be more because BTC price is up and dollar is down, on the other hand what can really affect the value of BTC is its users and the market cap.(DEMAND)
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romero121
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December 27, 2017, 05:26:02 AM |
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Bitcoin has dependence oven dollar value, because till date each Satoshi has got some value in terms of USD. With USD one could feel the value of $10, but the same with bitcoin is also required to be felt through USD. When this change based on adoption around the world the impact of usd over bitcoin will decrease.
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Zuilhsa
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December 28, 2017, 02:16:10 AM |
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I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
Dollar and bitcoin are highly interconnected because bitcoin is valued by dollar. Dollar is the global currency and the US government won't allow it to replace with any other currencies. If dollar falls we can see more dips in bitcoin as well as in other altcoins.
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goaldigger
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December 28, 2017, 06:10:01 AM |
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I dont think dollar will not affect bitcoin because it is just a convertion to a national currency. The amount of investors affect the value of the bitcoin. If Yuan will be the next dollar, well i think thats ok. Its just a basis tho.
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senyorito123
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December 28, 2017, 02:00:00 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?
If dollar falls it cannot affects bitcoin because bitcoin is a independent digital currency and it's price is depend on the demand of the supply in the market,and dollar is a international currency that's why Yuan cannot replace it because if dollar is fall down all fiat currency will down and U.S. government will not allowed to replace dollar.
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hopepears
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December 28, 2017, 03:03:49 PM |
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At this rate, bitcoin is far from replacing any type of currency, it would require more people using btc to be able to fully take over the current currencies.
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erichall
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December 28, 2017, 10:48:24 PM |
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BTC will go up if/when the dollar fails. No doubt about it. Crypto is the opposite of fiat
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rhamzter
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December 28, 2017, 11:44:40 PM |
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BTC will go up if/when the dollar fails. No doubt about it. Crypto is the opposite of fiat
I was not convinced with with that speculation, in my sight when dollars fails I guess bitcoin value fails too. Because in reality bitcoin price was depending only in dollars. So I think bitcoin have no capacity to stand on their own feet due to this coin have depends only on physical currency.
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arrmia11
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December 29, 2017, 12:58:55 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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin.
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pisston
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December 29, 2017, 04:53:29 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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin. Guys, crypto currency has nothing to do with real money and therefore one should not think that Bitcoin can replace a dollar, or any other crypto currency. First of all, the dollar is the equivalent of the product and gold. But What can a currency offer that is an air bubble?
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wxxyrqa
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December 29, 2017, 06:52:29 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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin. Guys, crypto currency has nothing to do with real money and therefore one should not think that Bitcoin can replace a dollar, or any other crypto currency. First of all, the dollar is the equivalent of the product and gold. But What can a currency offer that is an air bubble? I see that you are not very good reviews on кpиптoвaлютe, but still working in society and earn thus money. I think that your words have a rational grain, but only for some but no, that practice is not a singular values. but then as for the bitcoin or эфиpиyм, to date, their price speaks for itself.
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davinchi
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December 30, 2017, 11:50:51 AM |
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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 so that YUAN will replace dollar, if I'm not mistaken that's a chinese currency and American citizens would not agree with that. If just in case it will be replaced then bitcoin has nothing to do with it because of it's independent currency. No country owns bitcoin. It’s not quite possible, I know China has one of the largest markets in the world, but U.S has got some big backup and money flooding in from every angle. Every big company (not really all, but most of them) has got their headquarters in U.S, those that doesn’t have their headquarter their, has a branch office. It’s a strong nation.
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wikiboi
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December 30, 2017, 12:15:42 PM |
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Nope Dollar wont fall , its impossible you know .
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Tungsten-1
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December 30, 2017, 06:06:20 PM |
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I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
Dollar and bitcoin are highly interconnected because bitcoin is valued by dollar. Dollar is the global currency and the US government won't allow it to replace with any other currencies. If dollar falls we can see more dips in bitcoin as well as in other altcoins. The only affect which this world will notice at the time when the market value of dollar will fall down is none other than that of increase in the market value of bitcoin. Like you said, there is no other connection of bitcoin and that of dollar other than this that dollar is used as an international standard to value the market price of bitcoin. This will work in favor of the ones who are having bitcoins in their wallets.
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mrcash02
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December 30, 2017, 07:13:22 PM |
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I don't think it can happen soon as Dollar is much famous now and also it is now the backbone of the international trade market. If dollar falls down or is replaced then not only bitcoins, but each currency will fall. I don't think the american government can allow it to happen but in case it happens, we can see some dips in the graph of bitcoins.
Dollar and bitcoin are highly interconnected because bitcoin is valued by dollar. Dollar is the global currency and the US government won't allow it to replace with any other currencies. If dollar falls we can see more dips in bitcoin as well as in other altcoins. The only affect which this world will notice at the time when the market value of dollar will fall down is none other than that of increase in the market value of bitcoin. Like you said, there is no other connection of bitcoin and that of dollar other than this that dollar is used as an international standard to value the market price of bitcoin. This will work in favor of the ones who are having bitcoins in their wallets. This would surely favour Crypto-Currency, but consequently disfavor our countries economies. Many countries have some reserve in dollars as it's one of the most stable and safe currencies in the world, with its depreciation we all would suffer the consequences. BTC investors would see their money increasing its value, but I don't know if it would worth anyway, as all the products would have their prices increased as well.
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droptableguy2
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December 30, 2017, 10:45:17 PM |
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I think if the dollar is down then the bitcoin will increase because the bitcoin is calculated by the value of USD. If USD falls, the bitcoin-USD conversion value will be different and bitcoin will increase to balance this. I think perhaps the great economists also can not recognize that there is a virtual currency worth 20,000 times the US dollars.
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