Post
Topic
Board Economics
Re: If USD falls
by
Trading Eye
on 08/01/2018, 05:41:36 UTC
If (when) usd falls.

People will look for things to invest their money in to prevent their wealth from losing value as the dollar falls.

Many will buy gold, silver, jewels. Some will buy color tv's, electronics since they're not bad at holding value.

Others will buy bitcoin. It could increase demand for crypto which in turn would case the value and price of bitcoin to increase.

So much agree on this statement. Because we people are always looking for things that might save us from falling, but one thing we're still not sure of, when USD falls, let's hope bitcoin is already accepted on stores, merchants, etc. And if bitcoin is still not accepted as a currency, by some other countries, no one would still buy bitcoin at the end.

but some people take advantage from it ? i think arbitrage to korean exchange its had promising potential more profit from it .
that time alt coin will raise