dollar vs bitcoin

[cryptoboss2020]

if dollar goes strong agianst btc then btc goes down?

  can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good 

[Stedsm]

Why do you want to donate BTC to them? BTC is priceless with a hefty price tag and their printed dollars will literally remain $1 = $1 but BTC isn't the same thing. It's better to keep your coins safe with yourself, and I believe you'll get behind the bars trying to bribe them to stop printing dollars (lolz jk). Though, they won't stop doing it because they do it not in millions but trillions so better let them do it. USD had a great streak upside, still BTC maintained to remain above $10k and reached even $14k (2yo high) and currently sitting at $13575 (Binance at the time of writing this). So it's better to keep your highly undervalued BTC with yourself and throw their dollar bills on their faces. 

[cryptoboss2020]

Why do you want to donate BTC to them? BTC is priceless with a hefty price tag and their printed dollars will literally remain $1 = $1 but BTC isn't the same thing. It's better to keep your coins safe with yourself, and I believe you'll get behind the bars trying to bribe them to stop printing dollars (lolz jk). Though, they won't stop doing it because they do it not in millions but trillions so better let them do it. USD had a great streak upside, still BTC maintained to remain above $10k and reached even $14k (2yo high) and currently sitting at $13575 (Binance at the time of writing this). So it's better to keep your highly undervalued BTC with yourself and throw their dollar bills on their faces. 

nobody dont do nothing for you for nothing:D faover for faouvere:)

[Oshosondy]

I hope you know bitcoin is a deflationary currency, unlike fiats that are inflationary, US dollar could be strong but it is still part of fiats and subjected to manipulations from the United States governments. If US dollar supply is reduced today, the price will go higher while bitcoin price will reduce for that moment. But in the next 10 years, you will see the price of bitcoin that would have increased against US dollar again. The gain will be from:

1. Bitcoin as an deflationary currency, a currency with limited total supply
2. US dollar devaluation, which will eventually happen.

So, no point at all. Fiats are meant to be manipulated and depreciate.

[Stedsm]

nobody dont do nothing for you for nothing:D faover for faouvere:)

The problem here is, if you even send them all the Bitcoins ever mined till date (even the Satoshi coins), I don't believe it'll make any difference as in comparison, their USD will still remain strong because of the number they print and the number that's already in circulation. And when their supply can easily fulfil BTC traders' hunger of "printing" their own money in terms of gaining more and more BTC, I don't believe that your "favor for favor" bribery will work out.

Can BTC be printed like USD? No.
Can BTC be inflationary like USD? No.
Is BTC linked to a single country or global? Global.
Is BTC highly under debts like these fiats are? No, and you already know the value of debt US is currently under, so once the bubble bursts, what will be devalued? Getting it no?

[romero121]

if dollar goes strong agianst btc then btc goes down?

  can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good 

Thats a wrong assumption, just because people donating bitcoin to the federal reserve USD won't get stronger. USD is tied up with various factors. The financial system isn't prepared to operate along with bitcoin, maybe in the future we can see co-existence.

To stop printing of money is not a possible factor, because the economic need on each day is increasing and not decreasing. Right now Bulgaria is the only country that has begun to consider bitcoin as a reserve and holds more volume than gold. USA hasn't come to that state, and bitcoin being manipulative if there happens a price drop how will be the money printed. So, in practical terms it isn't possible.

[cryptoboss2020]

if dollar goes strong agianst btc then btc goes down?

  can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good 

Thats a wrong assumption, just because people donating bitcoin to the federal reserve USD won't get stronger. USD is tied up with various factors. The financial system isn't prepared to operate along with bitcoin, maybe in the future we can see co-existence.

To stop printing of money is not a possible factor, because the economic need on each day is increasing and not decreasing. Right now Bulgaria is the only country that has begun to consider bitcoin as a reserve and holds more volume than gold. USA hasn't come to that state, and bitcoin being manipulative if there happens a price drop how will be the money printed. So, in practical terms it isn't possible.

they print usd usd will be used to buy usdt and and with usdt buy btc boom bitcoin goes up ...if they dont want bitcoin no problem cash out and give them cash gold maybe cars what ever they like lol maybe they want some nice private ireland ...np we buy them just keep printng.

[Jating]

if dollar goes strong agianst btc then btc goes down?

Not always the case, it's just became evident that the dollar is weakening because the US government is printing more. But it doesn't mean that when it goes up again, bitcoin will suffer. Bitcoin ecosystem, has been decoupling itself with stock market, meaning it has it's own price movement regardless if USD is strong or stock or any other traditional market is weakening.

can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good  

NO reason whatsoever to donate to federal reserve, no individual in his right frame of mind will do that.

[Lorence.xD]

The biggest difference between the two is that the one enslaves the people and the other freeds them from those shackles of the old and broken perpetual financial system. Bitcoin although is dwarfed in age compared to dollars, the potential behind the technology is still unimaginable and this is what makes bitcoin different, there is no central authority that imposes value in it.

[Darker45]

if dollar goes strong agianst btc then btc goes down?

The strength of the dollar rises and falls based on its domestic economy, trades, demand in the international market, and so on. In other words, it doesn't significantly affect Bitcoin, if at all. Bitcoin has its own adoption growth, demand and supply, relevant development, news and rumors, and so forth which affect its price. So I don't think the strengthening of the USD will pull Bitcoin's price down.

[tabas]

if dollar goes strong agianst btc then btc goes down?

What if it goes both strong? if dollar goes strong again, the question is when? we might see a quick recovery from them but I don't see that it will make bitcoin go down.

can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good 

Why donate? they have unlimited money while us, we have limited bitcoin.

[pooya87]

they don't need your incentive to print dollar, they have already been printing it with crazy speed and amount and the USD value has been decreasing due to the inflation it causes.
besides, "price" of bitcoin against another currency doesn't matter. its value or purchasing power is the important thing. for example it doesn't matter if 1 satoshi is worth $1 or $1000 as long as you can buy a cup of coffee with 1 satoshi for example. and that value is increasing ONLY with more adoption. the adoption is also happening regardless of what value US dollar has.

[maydna]

if dollar goes strong agianst btc then btc goes down?

  can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good 

You can donate your bitcoin to the government if you want. But I don't want to do that thing because I want to store my bitcoin for myself and my family

You can do whatever you want with your bitcoin, and there are no people who can stop you. But I wonder if you really want to donate your bitcoin to your government

The government will figure out how to make their currency strong again and keep printing their money. I don't think that the crypto users will donate their bitcoin to them, as many of us are trying to make money. But they will donate their money in fiat to the charities because that is a good thing that they can do to help other people's lives.

[YOSHIE]

if dollar goes strong agianst btc then btc goes down?

Where did you get that method / graph.
Bitcoin has nothing to do with the dollar.
I asked the OP again.
1. What year was Bitcoin created.
1. What year was the dollar created.
You can answer that answer yourself.

You are wrong, in judging between Bitcoin and the dollar from its price movements, The dollar's all-time rise to the highest price of Federal Reserve funds was influenced by the overnight lending rate against other banks, This is a factor that affects the dollar's rise and fall caused by 'instagflation' or a high rate of inflation against the shrinking world economy.
• While Bitcoin is measured by Buying & Selling, while the dollar is measured by exchange rates, foreign exchange, and Treasury
• In fact the dollar strengthens with the exchange rate, so it has nothing to do with Bitcoin and the dollar, even though you have to donate to the Federal Reserve.

[philipma1957]

nobody dont do nothing for you for nothing:D faover for faouvere:)

The problem here is, if you even send them all the Bitcoins ever mined till date (even the Satoshi coins), I don't believe it'll make any difference as in comparison, their USD will still remain strong because of the number they print and the number that's already in circulation. And when their supply can easily fulfil BTC traders' hunger of "printing" their own money in terms of gaining more and more BTC, I don't believe that your "favor for favor" bribery will work out.

Can BTC be printed like USD? No.
Can BTC be inflationary like USD? No.
Is BTC linked to a single country or global? Global.
Is BTC highly under debts like these fiats are?
No, and you already know the value of debt US is currently under, so once the bubble bursts, what will be devalued? Getting it no?

I would argue btc is under debt, but from the mining viewpoint most of the time.

[Stedsm]

nobody dont do nothing for you for nothing:D faover for faouvere:)

--snip--

I would argue btc is under debt, but from the mining viewpoint most of the time.

Minting anything costs us something, right? But still BTC is not so expensive like when it comes to printing these fiats (I don't have any problem with fiat but when compared with BTC, I believe that BTC will always be preferred by me). The cost of producing notes and mostly the coins of these currencies cost a lot to the Governments and if that is to be compared to BTC, I believe miners have been justified very well since the beginning of it except some times when the profitability decreased (but tell me, did it remain unprofitable forever?). And I "guess" it's the best time for miners when price hikes took place and so did the transaction fees. It was an icing on the cake (I'm not targeting hobbyist miners like you but those who look for profits) when hiked transaction fees were (and are still) being collected alongside the newly minted coins.

[so98nn]

if dollar goes strong agianst btc then btc goes down?

  can donate btc to federal reserve to make them not make dollar strong again and keep printing:D
those bankers like money i think if crypto users will donate to them it will keep btc price good 

Are you asking here to bribe the USA government to print more money? Lolz. It sounds like that only. 
I am pretty sure whoever does that will have federal notices right away. Let us not forget that there was one guy who tried to bribe the federal people in the past but he was behind the bar.

I am talking about the wolf of wall street.




Also, it won't help much because there are not only one government who is printing money and there are multiple nations with multiple population is involved in the bitcoin.

This would be the same case as Aliens visiting the Earth and they only see one country, USA. 

[Warkop]

I never thought of donating BTC to them and will never do that, because in my opinion if BTC weakens it's time for BTC to go down, but I'm sure it won't be long and will definitely go up again, so why donate BTC to them, I think the idea You are very bad for this and make all the users on this forum reproach you. So, if you have BTC, you better save it to see the next BTC developments.

[Boov]

I never thought of donating BTC to them and will never do that, because in my opinion if BTC weakens it's time for BTC to go down, but I'm sure it won't be long and will definitely go up again, so why donate BTC to them, I think the idea You are very bad for this and make all the users on this forum reproach you. So, if you have BTC, you better save it to see the next BTC developments.

If i were to compare between dollar and bitcoin for me both currencies has their own respective role in economy where two were belong to different areas too. Both were especial currencies to the respective users. Bitcoin was intended for digital transactions and dollar was a fiat a paper currency used in the daily basis of US residents. But what do they differ from each other was the coverage of their uses. Bitcoin can be used in any countries as long as the country you will going to travel on were accepting bitcoin as a payment while in a dollar currency you will needed to exchange it to the currency of one country where you were planning to go on.

[Teresa_FX1]

The Fed owns the whole world, they don't need your donation. They can't fully control bitcoin but they try to control who owns it.