Still dont have a good answer for Plan after the US dollar

[KingScorpio]

I still didnt got a good answer for how to evaluate bitcoin when the us dollar collapses.

the problem is then other huge national currencies. might have a strict, banking cartel gambling ban, or there arent huge amounts of foreign debt abroad, like its the case with the us dollar and the reserves lying around in east asia.

what do you want to do peg and market bitcoin as part of euro?

wont be that easy, euro gambling is by far less than us dollar gambling despite the stupidity of eurobanksters.

regards

[First77]

US dollar runs world economy. US Dollar is getting stronger year by year. With Donald Trump's "America First" it is US Dollar to the moon.

Bitcoin is people'e trust for a new system and an alternative asset. Bitcoin will be 3rd tier asset.

[BitcoinArsenal]

US dollar runs world economy. US Dollar is getting stronger year by year. With Donald Trump's "America First" it is US Dollar to the moon.

Bitcoin is people'e trust for a new system and an alternative asset. Bitcoin will be 3rd tier asset.

Certainly, Trump has strengthened the Dollar by its economic policy, while Europe, Japan and China are conducting monetary dumping (I say that as European). But the question is how long the financial markets - the actual corrective - still support the debt-based economic policy. Right now, Trump and the Dollar seem to be doing well. However, it is by no means certain that it has to go on like this. Markets are sometimes irrational, but so far they have regained rationality sooner or later, usually with big, quick crashes.

[Cult]

I still didnt got a good answer for how to evaluate bitcoin when the us dollar collapses.

the problem is then other huge national currencies. might have a strict, banking cartel gambling ban, or there arent huge amounts of foreign debt abroad, like its the case with the us dollar and the reserves lying around in east asia.

what do you want to do peg and market bitcoin as part of euro?

wont be that easy, euro gambling is by far less than us dollar gambling despite the stupidity of eurobanksters.

regards

If dollar is abolished and replaced by mass-adopted bitcoin, there will be no need for pegging bitcoin with anything. Each currency is just a mean of exchange which represents a certain amount of labour. So when bitcoin defeats the fiat money, the market will just adjust to the situation and pepople will be paying each other in bitcoin without refering to any other currency to check the value.

[First77]

Certainly, Trump has strengthened the Dollar by its economic policy, while Europe, Japan and China are conducting monetary dumping (I say that as European). But the question is how long the financial markets - the actual corrective - still support the debt-based economic policy. Right now, Trump and the Dollar seem to be doing well. However, it is by no means certain that it has to go on like this. Markets are sometimes irrational, but so far they have regained rationality sooner or later, usually with big, quick crashes.

Actually Gold is the universal investment. Now Russia central banks have 2000 tonnes Gold. USA is the largest holder of Gold reserves.

[KingScorpio]

i doubt americans, europeans, russians, chinese, japanese are not willing to support the americans. and their trade deficit i think.

this is a huge advantage as those respective nations will get much richer with us downfall.

[hugeblack]

All the financial system is dependent on a dollar, the collapse of the dollar will lead to the destruction of the current economic system with all its currencies "The collapse will be as the dominoes fall."
If this happens, the assets "that have a value" [gold & silver] will replace the current financial system. They may refer to alternative methods such as gemstones and pearl.
In that world, I do not expect a place for Bitcoin, but cryptocurrencies may replace the current financial system.

[KingScorpio]

All the financial system is dependent on a dollar, the collapse of the dollar will lead to the destruction of the current economic system with all its currencies "The collapse will be as the dominoes fall."
If this happens, the assets "that have a value" [gold & silver] will replace the current financial system. They may refer to alternative methods such as gemstones and pearl.
In that world, I do not expect a place for Bitcoin, but cryptocurrencies may replace the current financial system.

some cryptocurrencies might indeed take leadership positions, but collapse of us dollar is just a global trust loss against the american banksters ruled by trump, which i expect to be likely, there could be an alternative currency like EU ruling the world after that, and it wont be easy to demonstrate globally a high value because the banks in europe are stricter regulated.

regards

this sustainable high bitcoinprice comes from the gambling banksters in the usa

[mostkey]

The strongest exchange rate in some major currencies, the dollar is significant enough that it is often a benchmark for other countries in terms of world economy, no doubt that the united state economy is a reference for other countries, its strength is enormous. affecting world trade, when the dollar collapses automatically affects much of the decline, as well as Bitcoin with bad conditions there will be much destruction and can be called very sensitive to the conditions of the world, it is no different from both, it is just a reference as a means of payment.

[KingScorpio]

The strongest exchange rate in some major currencies, the dollar is significant enough that it is often a benchmark for other countries in terms of world economy, no doubt that the united state economy is a reference for other countries, its strength is enormous. affecting world trade, when the dollar collapses automatically affects much of the decline, as well as Bitcoin with bad conditions there will be much destruction and can be called very sensitive to the conditions of the world, it is no different from both, it is just a reference as a means of payment.

US economy isnt strong at all it has the worlds highest foreign trade deficit

[First77]

US economy isnt strong at all it has the worlds highest foreign trade deficit

A cruise missile has 16 kilos silver and who has fired the most number of cruise missiles 

[KingScorpio]

US economy isnt strong at all it has the worlds highest foreign trade deficit

A cruise missile has 16 kilos silver and who has fired the most number of cruise missiles 

useless if the supply chain collapses

[LeGaulois]

I hear economists saying the US dollar will collapse with the US economy since decades. Even at school, they were teaching us this. So far nothing happened. And they keep saying soon, soon, soon. Remember the crisis in 2008? What happened then? Banks received thousands of million to fill their bags, printed money by the FED in exchange for the debt's citizens increased.

In case what you think really happens, then I assume we will go back to the old school method and use Gold as a reference but it may be only virtual gold since conspiracy theories say America has no gold anymore or just a few... So we may think as a digital gold, and how people are calling Bitcoin today? The digital gold.

[zinson01]

In my opinion if dollar crashes everyone will adopt bitcoin. So it will rise and supply is low and demand would increase . So price would be increase.

[centurionlaw]

US dollar control all worldwide market because US dollar price was increasing very well if we see old history, dollar is much better for bitcoin if we see alternative of dollar than EURO or Gold will be a better option but this is not possible because every market is depend on dollar currency. fact is US dollar never collapse and more investors is with crypto because of dollar - bitcoin trading.

[GalahadSeika]

Bitcoin cannot answer to this because US dollar cannot be the currency that can be beaten by anything else in this world. Remember when China tried to took away USD I think. They want war for that. It is in their economy if that happens so the didn't let that happen.

[bond07]

The US Dollar controls the global market. Bitcoin is relatively new in the coming market. This is the digital currency that started to be trusted by humans. The markets are unstable, they can do anything at any time.

[shield132]

I still didnt got a good answer for how to evaluate bitcoin when the us dollar collapses.

the problem is then other huge national currencies. might have a strict, banking cartel gambling ban, or there arent huge amounts of foreign debt abroad, like its the case with the us dollar and the reserves lying around in east asia.

what do you want to do peg and market bitcoin as part of euro?

wont be that easy, euro gambling is by far less than us dollar gambling despite the stupidity of eurobanksters.

regards

What kind of answer are you looking for? You need a little knowledge of math here. For example if usd was 1.0 and then rised by 1%, bitcoin was 1000$ and become 1100 usd, then it's purchasing power compared to 1.0 usd will be 1111usd. Hope you understand what I mean. Here bitcoin is rised in anyway plus your usd has more purchasing power here.

[StuartJonson]

It is better to just stay away from anything American at the moment. A lot of the US ICO projects are not getting the spot light due to Donald Trump and his unpredictable ways of passing the laws.

[ogabonny]

If the dollar fails, we we almost likely have a failure of other major global currencies, I am nit sure if bitcoin will serve as a good substitute considering the fact that some person hold too large a share,It wont be nice to see some persons richer than a whole country