Post
Topic
Board Speculation
Re: Does dollar value affect bitcoin value?
by
cicciobtc
on 15/12/2017, 00:53:21 UTC
Im just wondering. Bitcoin is so expensive. What if dollar value get low will it affect bitcoin value?

it is not the value of the dollar or other fiat currency to influence the value of the bitcoin, as it is only its countervalue.
There are external factors (for example: economy, politics, natural events, wars) that can influence both the value of fiat coins and the value of bitcoin or other cryptocurrencies, now or in the future.