Im just wondering. Bitcoin is so expensive. What if dollar value get low will it affect bitcoin value?
I dont think it will affect each others value directly but on the investors point of view, yes it can especially those using dollars for transaction. Buying and selling then it will decrease as the dollars fall. It hard to explain but sometimes you can understand it by simple logical or practical thinking and explaining it will be more complicated than leaving it, individually learned.
I agree, i believe Bitcoin value is indpendent on dollar value. It is the invesotrs interest and holders plan that affect bitcoin price. We all know that bitcoin is open market and it is govern by demand and supply law. Dollar is just there for the rate of the interest of people in dollar form ( buy demand)