Will the value of dollar crash, if bitcoin goes bulling to 100k? - Page 11 - Crypto World - CryptoTalk.Org Jump to content
guatazoo

Will the value of dollar crash, if bitcoin goes bulling to 100k?

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My friend, we can never know or expect the price of the bitcoin currency. It is an unstable currency and witnesses very large fluctuations permanently. I believe that it is impossible for this currency to reach $ 100,000. It is also desirable that the bitcoin currency replace the dollar whatever its price.

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The price of 100 thousand for bitcoin is fictional and out of reality, and I do not think that the price of bitcoin affects the dollar as is the rest of the currencies

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Mixing both fiat currency with virtual currencies isn't the best optimal choise if you ask me.

 

Just because both markets are exclusive from one another inclusive that one is centralized and other decentralized 😉

 

Now if you focus on just buying / selling with USD into bitcoin, if everyone wastes their USD into bitcoin then ofc USD will crash further and bitcoin grow.


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Nothing special happened after 12th May 2020 because I always preferred to watch market ten times a day from the month of March 2020 nothing special performance of bitcoin from March to till June 10th for crypto investors and traders let's hope better in future.

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I think that this should not affect so much, because the dollar exchange rate does not depend so much on the price of bitcoin, and even Vice versa! And I think it would be a huge rise and shock if bitcoin is worth 100 thousand dollars!

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I don't think so, because Bitcoin has already reached 20 but nothing like USD has happened, because every currency has its own place, Fiat currency is not like digital coin especially when you talk about Bitcoin being replaced by USD.

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i believe  that it won't affect  it at all, because there were times when the price of bitcoin went high or low and the usd wasn't  affected  so that's  why  i think  it.

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I think not, since I read that bitcoin is expected to be as valuable as gold, and when bitcoin rises the dollar strengthens, 
however everything that is said is speculative since with everything that is happening in the world, perhaps the new strong 
currency in the future will be bitcoin and the dollar is second, but there are still many people who do not trust electronic
currencies, there is not much use of miasmas in many countries and almost everyone uses the dollars for any business, because 
they see it more stable, generally when there are economic problems in a country, people rush to buy dollars to protect themselve
s from these problems, and only those who really know about cryptocurrencies take a risk, but the dollar itself is strong, but
in these times of many changes anything is possible.

 

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Yes, I think that if the BTC increases its value considerably, a drop in the dollar may occur at the global level. We will see.

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Mientras EUA sea una potencia económica y su moneda sea el dólar no creo que una criptomoneda por obtener el precio que obtenga devalúe al dólar.

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A weak dollar would be the beginning of Bitcoin's bull run to reach 100K, the Covid-19 pandemic accelerated this weakness and possibly the year 2021 and 2022 will give many surprises.

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I don't think bitcoin will go up to $ 30k, however, if it goes up to $ 100k, it cannot affect the value of the dollar. Because the dollar is estimated conditionally. The dollar did not depend on supply and demand. Has a fixed cost. So there is no reason to worry.

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On 12/13/2019 at 4:35 AM, guatazoo said:

You see after the halving may 2020 there will be a bull run that could possibly take bitcoin to a high price probably 100k, but then f bitcoin goes bulling that high, do you think it will shake the price of the Dollar?

The dollar would not hurt because they do not work in the same way, so they would be stable

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First, I do not think that Bitcoin will reach $ 100,000, this is impossible for the time being at least, even if that happens, the dollar cannot collapse because it is supported by the US government and it is the strongest economy in the world.

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it is almost the end of the year and the highest rice bitcoin reached was 11,500-12,000$ , and it is impossible to reach 100,000$ this year or even the next one , but in case that happened one day then still won't affect the USD because it is supported by USA and it won't let its coin to fall

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In connection with China gaining world leadership in the economy, the dollar will lose its power. Undoubtedly, this will play in the direction of increasing the price of bitcoin.

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I'm still waiting for this bullish momentum after the halving. It has been many months and we are up and down but nothing is moving except some altcoin pump and dump season. Maybe this is better as I remember times when Bitcoin was stable and suddenly begins rising and doesn't stop.

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I do not think this will happen, starting with the difference in the capitalization of both, with a low volume by bitcoin unlike the dollar that has a too high volume I would say that the highest world level, with only it would not affect the value of the  dollar when Bitcoin in some strong move up.

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Obviously that happened. The usd will go to the floor sooner or later, rest assured. When BTC costs those 100K or more, the world economy will give changes never seen before and by then the crypto world will have to be accepted by all and a huge% of the population will have cryptos in their possession. Let us remember that the BTC will have its limit and the one that has some in its possession will be like having pure gold.

When do you think BTC will cost around 100K, in what year?

I do not see it in the near future, perhaps beyond that, but it is still missing. Meanwhile we will have to continue living with fiat money and with an even more devalued usd.

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I do not think that for of Bitcoin the dollar will lose value, because of the situation we are in, the United States economy has had economic problems and with that situation the dollar may fall but not for of bitcoin.

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Bitcoin price declined after the Fed Chairman's economic expectations, as Bitcoin slid into negative territory, causing the bitcoin price to drop by $ 200 in 20 minutes, causing the pair to form an erratic inverse relationship with the dollar since March 2020.

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BTC would sure struggled on reaching that price since it is barely reach the 12k dollar and higher that price. But if BTC did reached that level I think it will not affect the price of Dollar, I'm not a Economist or in any related field that has something to do with economy but I think the performance of the country is the main factor that affects the price of its currency.

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I don't think Bitcoin will be able to reach 100,000$ neither now nor in the near future  and even if it does one day it won't affect the USD since it is USA's national coin  and the proof is what we have seen recently how what happens in USA  can affect the market a lot

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I think it is likely that Bitcoin will raise to 100k in the next 5 years. A lot of experienced economists are talking about that. They even say that it could reach 300k dollars for coin. 

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