Post
Topic
Board Bitcoin Discussion
Re: USD down again. BTC rock steady.
by
TraderTimm
on 21/07/2011, 20:47:24 UTC
Exactly.  If you're measuring BTC value in USD, then a fall in value of USD also means a fall in value of BTC.

You guys realize that dollar debasement results in more dollars needed to price in equivalent value? So the dollar-based price would in fact rise. Part of that dynamic is happening in gold right now.