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Author Topic: Fall of USD and rise of Bitcoin?  (Read 283 times)

Djingis17

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Fall of USD and rise of Bitcoin?
« on: April 09, 2020, 03:57:43 PM »
The Federal Reserve is now printing INFINITE Dollars with 0% interest. $USD will soon be WORTH LESS. The time has come to be your own bank fellas and look for gold or bitcoin instead, bitcoin has already started going up( source - https://bitcoinera.se ) and there's good profits if this trend keeps going.

For those of you who has alot of dollars time is of the essence, few hours ago somebody just bought 1000 BTC with USD over kraken, and that's likely not the last whale to come, soon big corp around the world are possibly going to get rid of their dollars which could mean that we're looking at an all time high for Bitcoin and other crypto currency as the monetary market is crumbling and resources gets harder to transport because of the virus and politics.

What's your thoughts on this and how will you act to protect or even profit from this?

Muneeb

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Re: Fall of USD and rise of Bitcoin?
« Reply #1 on: April 09, 2020, 05:26:22 PM »
This is true that the fall time of the USD is started and the rising of the BTC is started and soon the BTC is legal in all over the world and this is true and every one will use the BTC and also other crypto coins in the market.
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OluwaTosin10

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Re: Fall of USD and rise of Bitcoin?
« Reply #2 on: April 20, 2020, 02:38:18 AM »
This is a joke i believe, during the most bearish scourge on crypto currency this year, bitcoin dumped from over 7000$ to below 3500$>
But usdt drops to 0.9$ from 1$ and you think it is a fall of usd?

Perhaps i might misquote your preference, but you need to do better.

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tranduong123

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Re: Fall of USD and rise of Bitcoin?
« Reply #3 on: April 20, 2020, 03:19:43 PM »
I think it is normal for someone to buy thousands of BTC in USD, OTC transactions like that are many and we cannot know. But in my opinion BTC is simply an investment tool with whales, and the dollar will not easily collapse.

Synvc

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Re: Fall of USD and rise of Bitcoin?
« Reply #4 on: April 20, 2020, 03:54:13 PM »
The best solution is to buy gold / bitcoin then save it, or at least we trade it to find 1% profit per day, it can cover the cost of daily needs

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Re: Fall of USD and rise of Bitcoin?
« Reply #5 on: April 21, 2020, 11:06:55 AM »
The best solution is to buy gold / bitcoin then save it, or at least we trade it to find 1% profit per day, it can cover the cost of daily needs
I don't see that we are talking about gold, mate! The best option here is surely Bitcoin. It is much better than USD. The fact showed us it is going to decrease and may lose its position as the number 1 world currency. But since we still don't have a proper substitution, USD seems to last longer.
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jenica

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Re: Fall of USD and rise of Bitcoin?
« Reply #6 on: April 21, 2020, 04:41:55 PM »
The solution to holding bitcoin is the right decision, where the price of bitcoin is very stable, some of our assets are used for trading or real investment, so there is a turnaround for regular profits

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Re: Fall of USD and rise of Bitcoin?
« Reply #7 on: April 22, 2020, 12:31:52 AM »
No doubt these are turbulent times for the USD and the US economy which seems to loose a lot. I think the pandemic is unfortunate as it has dented the world economy very badly but i am quite sure that from this darkness btc and crypto market will come stronger and after this corona virus is over world will openly move to adopt cryptocurrencies.

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Re: Fall of USD and rise of Bitcoin?
« Reply #8 on: April 22, 2020, 11:17:08 PM »
i am quite sure that from this darkness btc and crypto market will come stronger and after this corona virus is over world will openly move to adopt cryptocurrencies.
Yep, it seems the world have realized the advantage of digital coins during this Corona pandemic. If there will be massive adoption after the Corona pandemic, I assume the values of crypto coins to increase significantly. Moreover, it is the moment after Bitcoin halving, so the right time to jump high.   
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Re: Fall of USD and rise of Bitcoin?
« Reply #9 on: April 22, 2020, 11:37:50 PM »
USD since 1971 when Nixon ended the dollar convertibility to gold is in a long way to Inflation year after year. That was obvious with the rate increase & decrease to avoid that, but the inevitable is something you can't avoid.
The CoronaVirus proved that only Gold is the real worthy assest & all their fake monetary system is more than vulnerable against such financial crisis.

 

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