Quote from: cicciobtc on December 15, 2017, 12:53:21 AM

Quote from: pazzpjj001 on December 06, 2017, 12:16:38 PM

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.

We may take it as somehow bro. because as the increase of the bitcoin purchase for fiat we will find the demand on the concern currency whether it is bitcoin or ethereum. We cannot take that completely and I would say that demand and supply only defines the bitcoin price in the market place. To say the truth you will find the 30 percent of the coins are only in the supply other coins are just holded by the initial investors.