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Author Topic: what will happen with the BTC, if the dollar falls  (Read 3415 times)
tricker01
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January 31, 2018, 10:15:30 AM
 #261

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.
Well maybe if the hundred percent of the population in the world are using BTC and then suddenly the dollar fall down. It will really effect the economy of bitcoin world wide. Because it is not easy to exchange currency in that easy, it takes time and undergo process before it happen. But one thing for sure if the dollar fall down bitcoin  will also be loss.
Trangngu
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January 31, 2018, 01:24:21 PM
 #262

What do you think the BTC as well as the altcoin would be if the dollar fell? In my opinion the prices of coin will rise very high when the dollar falls. There are many things that I believe in. First, history is the most obvious proof. The past has been a time for US banks to close. As a result, Bitcoin's price has grown by 950%. Then fall down and go into stability. This time high possibility it will repeat again. Moreover, when the dollar falls, countries will be worried about speculation, so the demand for a currency is higher. They will want to own Bitcoin and demand will increase as the price of it will increase. What is the price of Bitcoin?
shaheer001
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January 31, 2018, 01:27:27 PM
 #263

Bitcoin will never effected by dollars as Bitcoin is big currency not dollar and at the moment Bitcoin is not only traded in Dollars but it is also trading in EURO,Yuon, and all top alts currencies.

slyfox
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February 06, 2018, 03:33:14 AM
 #264

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 will going to replace the dollar, dollar is still superious on some country though. If something bad happened to dollar, i think it will affect the bitcoin too, especially the price but it's not that big. Maybe a medium move on the bitcoin price.
Or if the economy of America will fall down and make them 3rd world country which is very impossible as of now because their government of course will do everything no matter what to make them stay in power.
you are very right, the state with a very strong superpower today is certainly not willing to release its power to other parties especially in the field of currency. but I think YUAN has its own power that can replace the dollar at a time.
I hope the dollar will be ruined.
because I do not want to continue to be led by the dollar.
it would be better if the yuan would advance and destroy the dollar price.
and this will have no effect on the crypto currency even if the dollar is destroyed
The yuan is no better than the dollar the Chinese manipulate their currency even more than the Americans, they do so in order to boost their exports around the world so they are engaging in unfair tactics for the rest of the world so the next time you wonder why it is so difficult to get a job in your county part of the reason is the manipulation the Chinese government does to their currency.
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