Quote from: romero121 on March 09, 2017, 06:18:12 PM

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Quote from: FuckIdolPlus on March 28, 2015, 04:00:49 PM

I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?

Bitcoin is the dollar of Cryptocurrency. Even though bitcoin is denominated in dollars, they are not tied together. So a crash in dollar would not necessarily lead to crash in bitcoin

I agree with you, but if the dollar crashes then there are many countries that will suffer huge losses because many countries are saving the dollar as reserve currency. I think when dollar crashes many countries will choose gold to saving.

I am also confident that if the dollar collapses, it will negatively affect the economy of many countries. But I do not see any reason for such an event

Yes, world economy fluctuates for a little and the countries that depend much on US will face a major economic downfall. Asian countries use the situation and try to grow potentially. Even our bitcoin price collapse, because it has indirect dependence on dollar. Finally as the above mate said such situation never happens in reality.

If indeed Bitcoin has indirectly dependent on the US dollar then if one crashes one must be successful and so by that analogy then Bitcoin must rise and succeed if the dollar crashes.