Girlsbit
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August 02, 2018, 04:20:08 PM |
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If you think about it, then there is little influence, since bitcoin is still traded in dollars, an increase in the latter will increase the growth rate.
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giarised
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August 03, 2018, 05:20:03 AM |
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Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.
That is the point. If it is the case, then how bitcoin has flourished in different countries. Like now in Zimbabwe, dollars is equal to some billions of local currency. Here, how can you say bitcoin is going down and its bear run? This really needs to be understood that bitcoin is independent of any currency. Only this situation makes the difference and keep bitcoin amazing. |
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hatsoff2btc
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August 07, 2018, 05:35:27 AM |
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I would say that this lobby of the dollar influences bitcoin. Very many are not interested in the development of crypto because it will have a negative effect on traditional currencies, which means that their assets will be reduced.
For the countries where dollar is main currency and the whole economic system is whirling around this one pillar, there is a deep connection of dollar and everything related to it. But like Ireland and other countries where dollar is just another currency, I don’t think so there would be big effect form this change. The drastic drop down or increase is independent to bitcoin. |
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squog
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August 07, 2018, 05:47:45 AM |
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I don't think the dollar could affect crypto currency and even if it did, it would affect very less. I mean crypto currency is different from fiat currency in the way it operates. I now that when Fiat falls we can always go to crypto currency, much like what happened to Venezuela, although i don't know if it was a successful.
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shawn995
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August 07, 2018, 06:01:25 AM |
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I think its occurrence, bitcoin and dollar as a rule don't related by any stretch of the imagination, the dollar is completely controlled so it can't take after the bitcoin development, and the market for both of the monetary standards is extraordinary, and beforehand when bitcoin tumble down profound I don't see dollar additionally tumbling down, so I consider both them are not related.
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Kang Bahar
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August 07, 2018, 07:36:36 AM |
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Growth bitcoin is not related to the growth of the dollar. It's just a coincidence.
Agree. I don't think USD will affect Bitcoin price. AFAIK, the influence of Bitcoin prices is determined by supply and demand, instead of USD. I think we all know that. |
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TranTrongit
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August 07, 2018, 09:55:35 AM |
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Probably a coincidence. bitcoin and USD are not related. The increase and decrease of bitcoin is due to the demand between supply and demand in the crypto market. The dollar or the currency of nations is governed by the economy of that country at some point in time
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chrisculanag
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August 07, 2018, 10:17:16 AM |
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Probably a coincidence. bitcoin and USD are not related. The increase and decrease of bitcoin is due to the demand between supply and demand in the crypto market. The dollar or the currency of nations is governed by the economy of that country at some point in time
Yes you are right about that but if you buy bitcoin using dollar currency , if the dollar increasing also you increase your profit too. I think usd slightly related to bitcoin because thats my know about the bitcoin pricing , demand and supply is a big effect in bitcoin pricing and i agree with you that . |
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andika2018
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August 07, 2018, 10:41:57 AM |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think its just coincidence. Mostly when dollar drop the value, bitcoin price will rising againts dollar but in this case, dollar rising and bitcoin rising at same time. But mostly bitcoin price always affected by news in market. When negatives news on market spread wider, peoples will panic and price fall and when positive news coming to market, most bitcoin and altcoin price increasing |
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Getcoinsite
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August 07, 2018, 11:13:14 AM |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
The dollar affects all the economic rights of the world because this is the main currency that has been use by the whole world and this is the sad part We cant do anything from this.thats why i believe that cryptocurrency is the best way to save the world from this situation.i am looking forward the day that crypto specially bitcoin are being used as major currency used worldwide |
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giletto
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August 07, 2018, 11:43:43 AM |
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The dollar is the most popular currency in the world. The price of dollar affects all economies of the world, once dollars are devalued. All things economy falls and vice versa. And crypto will certainly be affected too.
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manismanja
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August 07, 2018, 01:27:53 PM |
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in my opinion that won't happen because the dollar will never be directly connected with bitcoin and the dollar also has a difference from bitcoin so bitcoin will still be different.
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Zurbuchen
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August 07, 2018, 01:58:29 PM |
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In my opinion, I dont think that the price of dollar could affect the value of bitcoin. Since bitcoin as time goes by has increases it value to the market.
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Baggong
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August 07, 2018, 02:23:43 PM |
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The dollar is the world's strongest currency and becomes global money, everyone can accept the dollar, when the dollar price rises it automatically makes inflation and everyone gets excited to buy dollars, this is what makes bitcoin drop because the user switches to the dollar.
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wqiwi212jsjs@jj
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August 07, 2018, 02:33:17 PM |
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Probably a coincidence, the dollar is used by many countries in the fast-changing world. Bitcoin is the same, I think there is a similarity.
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petrobit
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August 07, 2018, 02:58:39 PM |
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the dollar unfortunately affects the entire world economy. for a long time the whole world has recognized the dollar as a universal currency and hence the influence on it extends to the entire world economy.
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olalaMaty
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August 07, 2018, 03:34:21 PM |
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In dollar terms, bitcoin has a significant impact on the bitcoin. If bitcoin reduces inflation, it will have the opposite effect on bitcoins, if the price of the dollar increases or decreases, which directly affects the bitcoin.
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Shiro21
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August 07, 2018, 03:47:34 PM |
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As far as I know, the bitcoin market has little influence on the condition of the dollar, because the bitcoin system is free from third parties. Considering the movement of bitcoin prices ahead of the announcement of US dollar interest by the Fed is somewhat "mediocre" compared to days without important issues, perhaps the ideals of the inventors of bitcoin began to materialize.
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lanalang
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August 07, 2018, 06:12:34 PM |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
It is saying that even in my small and non-significant Country dollar is still growing, I think that my people are not even familiar about what is the Ethereum, but we are affected as well as every developing country in the world. |
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Malabarka
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August 12, 2018, 05:50:46 AM |
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This, of course, is due to the growth of the dollar, but very slightly. If the dollar had such an impact on the price of cryptocurrency, all altcoins would become more expensive.. But we see only a slight increase in Bitcoin. The altcoins are at the bottom..
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