what happens to Bitcoin if internet goes down? - page 12.

meliodas

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Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

Well I think, as the internet breaks down, all the cryptos will also break down for there is no way for any of us to access bitcoin and other cryptocurrency. We all know that without the internet, bitcoin transactions won't work because internet is a necessity, it is actually the life of bitcoin.

Gramna

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Quote from: billionaireSHS on January 15, 2018, 10:56:34 AM

Ofcourse when the internet goes down, bitcoin will also goes down because bitcoin is a digital currency and without an internet we can't use bitcoin. We can say that bitcoin is interrelated with internet.

Bitcoin is dependent on the internet; without internet, we cannot use Bitcoin or we cannot do any transactions in Bitcoin. So if ever that internet will go down, bitcoin will follow. Bitcoin is just relying, it is not independent at all in terms of that.

Michellekking

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If the Internet is gone, then bitcoin loses its living space, but I don't think the Internet will go away except for a nuclear war in the world.

Joylee

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If the internet would go down it would be a disaster for everyone and not only for Bitcoin. I would not even care about Bitcoin if the internet is going down but more about other stuff on the internet. If something catastrophic would happen that resulted in the entire internet going down, I'm sure my bitcoin will be the last of my worries.

Nhobita

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Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

Well, with that scenario you have stated, I think Bitcoin services and access on it will be abducted and be blocked since Bitcoin was generated and operated online. Maybe the process of transaction will be slow down or the worst thing to happen is that there will be no transactions to be processed since there is no enough access on internet to access your Bitcoin holding in online preference. The services will be temporarily unavailable unless the internet connection will be back into action.

billionaireSHS

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Ofcourse when the internet goes down, bitcoin will also goes down because bitcoin is a digital currency and without an internet we can't use bitcoin. We can say that bitcoin is interrelated with internet.

undeadbitcoiner

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Quote from: lite on December 14, 2015, 05:33:36 AM

Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is how do we trade bitcoin during this time if we can't access internet.

home internet and mobile internet goes down

Will we even survive after a nuclear war? satellite internet might work for those who survive lol

Perfect Legendary,
If we will survive than internet will be backed up again and Bitcoin and it's network will be back online but the prime question will be if nuclear war happened and all the world destroyed than who will be there to backup everything and who will remain there to worry about Bitcoin or Fiat or any precious metal.

Md Saad

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That will be a disaster if the Internet will go down, without internet, no one can have any access to this blockchain. That's why Blockchain fully dependent on the Internet. That's why Bitcoin and other cryptocurrencies will also go down if The internet will do down, and we will lose our stock in the absence of internet. that's a negative side of this platform so that people are afraid of this blockchain.

steamon

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Only a worldwide EMP can stop Bitcoin. While it's realistically not far off. If the sun gives a large enough burst it can happen. But the chances for that are very small and there is always a node somewhere that can run on emergency power for a bit. I think a real danger is world war 3 but even then nodes can be run everywhere and miners as well. I don't see it possible those days.

Tramle091296

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Quote from: unamis76 on December 14, 2015, 05:04:28 AM

face to face trades? Of course there must be a way to broadcast the transaction anyways. And as said on previous topics, if there is no internet service, we probably have bigger things to worry about.

yeah not bitcoin is the only affected our daily life too. Maybe you can buy and sell things without money. By using qr code?

patapon49

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If there is no internet, there is no bitcoin, even less evidence that we actually have no bitcoin

alfs75

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platform for everyday business

Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

If internet goes down,the digital currency also is affected because its driven by internet,all transaction in trading,mining,gambling etc will be affected ,because bitcoin can run through only with internet connections,but definetly i dont believe that internet will totally down because not only bitcoin is depending in internet ,mostly all technolgy driven with a computer would be affected like website,machine,shopping center,so for me its impossible that internet will go down its services.

elie_s

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if internet stops mining stops and everything stops
but why will internet stops?
dont worry this will never happen

ericbrown

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Bitcoin can not exist without internet, if internet goes down, that means we would have to say goodbye to bitcoin, this is what i don't pray for in my life.
Bitcoin wont survive in the absence of internet

doomloop

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Quote from: KingOfWinterfell01 on January 09, 2018, 10:27:38 AM

Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

If the internet fails and dies, the blockchain dies as well, thus killing every cryptocurrency circulating around the world, killing the industry of mining and cryptocurrency trading. If that happens, everyone who sold their house for bitcoins are crying a river.

It will be hard to reach our bitcoin wallets because in bitcoin it is all about internet and it is a digital currency so it is good to favor bitcoin for using internet and not to lose this technology ever. In bitcoin we are being introduced so new features every day so I hope someday we will know about something applicable without internet or may be bitcoin will become internet free and so anything can happen to bitcoin.

jawadmehmood

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Fall of bitcoin and other cryptocurrency, and almost every thing that operates via internet.

cutecute

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Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

I think if internet goes down bitcoin will be loss because how can they work on it without internet if bitcoin is connected to it. We can earn from bitcoin in many way but all that way is need an internet just like example this forum we need internet to post or reply to a quote so if we don't have internet we can't work on it.

yfyjgtgui

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Bitcoin depends on the internet.if internet goes down bitcoin also goes down.

RamseyJoyce

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Quote from: cryptolives on December 14, 2015, 04:54:45 AM

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

We will return to the times when bitcoin never existed, all your assets with bitcoin will also disappear. and everyone will go bankrupt

adjong

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the epic can be bigger in another trading site and especially in bitcoin. when the internet drops in a country there is only a small number of people who use the internet because it's not a home-only internet benefit when it comes down. Bitcoin is economical because it is very small Wink

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