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Author Topic: The US dollar is gaining strength  (Read 1347 times)
fiomcorka
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October 24, 2018, 07:40:53 AM
 #61

Yes, I admit that, in my country the dollar is very beneficial for us crypto, bitcoin players or other online businesses that use the dollar. But for some other people this news is a little not good, the dollar strengthens has an impact on rising food prices etc.
Right, dollar is gaining strength and our fiat currencies are going down and if you look on the other hand crypto currencies are also down and have taken a long time to recover. We will see uptrends and downtrends like we are noticing in the price of dollar as we know that demand matters a lot. The current value of Bitcoin is still stable above 6k dollar that is 6386 US dollar so there is no effect on price of Bitcoin after increase in the value of dollar.
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October 24, 2018, 08:56:47 AM
 #62

this condition is only brief, the US Dollar which is too strong is also not good for the country because the level of international imports of the US will decrease due to soaring prices. for holders of USD, it would be very encouraging because of big profits, but for the world of trade applies the opposite.
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October 24, 2018, 09:04:22 AM
 #63

US dollar is gaining strength for that reason most of the coins are fallings so now is the time we can see most of the Asian countries get adopted to cryptocurrencies for future
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October 24, 2018, 09:24:16 AM
 #64

Yes, Trump, who was born by a businessman, gave the United States a short-term strong shot. This may last for a few years, but when the dollar loses its support, there will be a big collapse. In the 21st century, the dollar will fall. Investors need to be cautious.

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October 25, 2018, 03:22:32 AM
 #65

US dollar is gaining strength for that reason most of the coins are fallings so now is the time we can see most of the Asian countries get adopted to cryptocurrencies for future

I hope that cryptocurrency will adopt in all country and it is no need to wait until ten years or so. And if US dollar still increases, then I think there will be a country that will get inflation in their economy, but I still believe that most of the country can survive. The economy of the world will change in the next years, and I think US dollar will not increase too higher and will get normal like before so the other country will not get trouble in their economy.



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googs84
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October 25, 2018, 04:17:59 AM
 #66

Dollar belongs the country which is far more powerful than any other country out there and they also have least population with high tax profiles around the country. I guess there is no wonder why their country is developing so fast and how there businesses are expanding to all new levels all the time. The US dollar is always getting hikes because their country is the one who is trying to establish powerful relations with the rest of the world and attract more businesses within their country. This is making the country more and more powerful day by day. Off course we all know they are also advance by technology, infrastructure and education which gains more sustainable future for them.

 
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October 25, 2018, 05:14:18 AM
 #67

I wonder what is making the US dollar, trading with other countries or printing more debt? I wonder what effect this will have on Crypto and if peeps will be cashing in their crypto ready for their Xmas shopping etc? Everyone talks of a bull run coming before Xmas, they have been talking about the bull run coming since January lol, so I think it could be the other way around, the whales cashing out stacks of Bitcoin for the Xmas gigs and new year shopping sales. I don't even look at CMC as often as I used to lol because this year it has been flat for Bitcoin since the bear market started.


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clololck
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October 25, 2018, 07:26:53 AM
 #68

The increase in the dollar is not good for cryptocurrency, but I don't think the dollar can continue to increase. Maybe the dollar will depreciate sharply in 2019. This way is correct.
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October 25, 2018, 07:35:05 AM
 #69

One of the factors that made the US dollar strengthened came from a number of geopolitics that occurred, one of which was uncertainty caused by the trade war between the US and China. This is why not only the sub-US is rising, the dollar is strong, but also the global risk premium is increasing. Strengthening the US dollar had a good effect on cryptocurrency prices (cryptocurrency prices rose).
I see the dollars rate which is increasing now days. In my country dollars reach to much high as compare to last year's rate. BY increase the rates of dollars bitcoin gives profits too.
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October 25, 2018, 08:40:22 AM
 #70

The strength of the US dollar is not conducive to the US export trade. Although many domestic citizens do not feel it, the export trade enterprises have become less competitive in price than the past because of the strength of the US dollar.

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dowellness
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October 26, 2018, 07:22:12 AM
 #71

One of the factors that made the US dollar strengthened came from a number of geopolitics that occurred, one of which was uncertainty caused by the trade war between the US and China. This is why not only the sub-US is rising, the dollar is strong, but also the global risk premium is increasing. Strengthening the US dollar had a good effect on cryptocurrency prices (cryptocurrency prices rose).
Because dollars rules the world now days and every people deals in dollars the buyer gain some profit but it would be bad effect or country's economy.
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October 27, 2018, 08:07:37 AM
 #72

Donald Trump's trade wars are boosting local businesses and this is strengthening the US Dollar, but I think this is a little bit to late for them, because the US Dollar has lost most of it's value over time and they are faced with huge debt problems.

I see a typical scenario where China will claim US land and resources to pay back their debt in the future, like China are doing with some third world countries that are owning them money now.  Roll Eyes

The trade wars also make certain imports, more expensive.  Tongue  Crypto currency investments will increase, when people try to circumvent these trade wars.  Huh
That last part is actually something I see in the space in the long run which I believe the trade war would bring about for the growth of this space. Definitely, with the trade war on, this would most definitely affect a whole lot of countries as the USD is gaining strength and this is where we would see more countries falling down in their economy and trying to even see how they can survive through it, and in such cases, investors are always going to be looking for where they can store value so as not to get scooped up in the inflation and in that case, cryptocurrency may actually be a good target.
Ups and down is always there in USD, which is also affecting the bitcoin price. I hope that in near future we are going to see a good increase in bitcoin price, especially at the end of 2018. I think that we should try to invest money in bitcoin in current time and should not waste anymore time.
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October 27, 2018, 08:33:15 AM
 #73

there must be a positive and negative impact, lucky for those who have a coin if it is calculated in dollars maybe if we exchange it into our country's currency the profits can multiply the first of the second crypto profit from the exchange rate itself, the negative may be if the dollar strengthens the value of cripto coins also will strengthen so that it will prevent the intention of new investors to buy cripto coins, because there must be extra capital for this investment
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October 27, 2018, 05:17:10 PM
 #74

The only logical reason why US dollar is still have any value is the global usage of it. I mean the USA has not very much with it, of course it still tied to it a lot but the main focus shifted in the past 20-30 years into dollar being a global currency and not "Americas money".

Right now, from tourism to oil sector to anything you can think of even gold is calculated globally on "how much dollar one is" and that created the dollar into a big currency. Now if the world starts to accept Chinese yuan or European euro and so forth in the global trade stuff than the dollar would definitely lose value increasingly which would create a huge financial crisis in the USA and that could have a waving affect towards all their investments in other countries but it would probably be temporary.
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October 27, 2018, 11:46:32 PM
 #75

A strong dollar will impact positively on cryptocurrencies. It is the most outstanding fiat the all exchanges have to exchange against cryptos. Therefore it will inspire confidence in the market.
It is the opposite a strong dollar means that people have a strong confidence in the economic system and bitcoin is a new way to understand the economy so it is obvious it is going to be negatively affected by this but I do not think this is going to last, the economy of the world is in terrible shape and the only thing needed to go down is another bubble bursting.
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October 30, 2018, 07:49:43 AM
 #76

One of the factors that made the US dollar strengthened came from a number of geopolitics that occurred, one of which was uncertainty caused by the trade war between the US and China. This is why not only the sub-US is rising, the dollar is strong, but also the global risk premium is increasing. Strengthening the US dollar had a good effect on cryptocurrency prices (cryptocurrency prices rose).
That is nice explanation however China has also reduced the use of dollar for international trade and for the transaction it would make before. Right now, there is a slow shift from using dollars ad a medium of exchange in international trade to using Chinese Yuan which is going to hurt dollar in future because it will reduce the demand for dollar and China is one of the top country using US dollars in bulk.

Besides, the dollar growth is temporary and momentary which is also called artificial growth. This just happened after imposing tariffs on the Chinese exports to US which cannot stay for long.

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October 30, 2018, 08:28:03 AM
 #77

The strengthening of the US dollar is only temporary. The US stock market has experienced a big bull market for 10 years, which makes the United States become rich again. But in fact the world is changing the rules. American hegemonism will turn itself into the world's second and third, which is unstoppable.

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October 30, 2018, 11:41:12 AM
Last edit: November 19, 2018, 12:19:09 PM by Markus12
 #78

It is a very interesting question. I am sure that US dollar will be strong for some period of time but not so long. I agree with most of you guys but I hope everything will be ok.
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October 30, 2018, 11:47:38 AM
 #79

Since the last couple of weeks the US dollar has strengthened against almost all currencies (https://www.investing.com/analysis/us-dollar-time-to-buy-or-sell-200347445). Many analysts and traders consider that the growth was triggered by FED. In fact, Fed has been increasing gradually the interest rate since 2016 (https://www.investing.com/economic-calendar/interest-rate-decision-168) as well as there has been published the lowest unemployment rate since 1969 (https://www.marketwatch.com/story/the-reward-for-the-lowest-unemployment-rate-since-1969-higher-rates-for-your-loans-2018-10-08).
Gold, silver and other assets are under the pressure of strong dollar and  moreover strong dollar may cause a strong correction or even a crash on the stock market.  
The key question is how the further strengthening of dollar will effect on the crypto market?
Its because I dont think that it has connection in btc. Well usd has its own market that are not connected in btc. I think if America invest in btc thats is the best thing we can tell about it.
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October 30, 2018, 11:59:14 AM
 #80

I think US dollar is very useful in all different country so for sure it will grow more than cryptocurrency that some country don't acknowledge this another thing US dollar have stable price compare to cryptocurrency so for sure many people want assurance than risky things then i'm sure it will grow because of the economy or all people think their country to grow like the President Trump in US
I think that in current time, the US Dollar is really putting impact on bitcoin price but I think that when bitcoin will become too much popular and when the bitcoin users will increase too much then USD will never put any effect on bitcoin price, bitcoin will be an independence from all kind of influence of fiat currencies.
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