what happens to Bitcoin if internet goes down? - page 13.

Vendetta666

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Quote from: cryptolives on December 14, 2015, 03:54:45 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

bitcoin is connected to the internet and if no internet is also lost all your transactions about bitcoin. your token bitcoin ethereum will also disappear because all of those are already connected to the internet and you will not get it again, and your hard work will be lost because we do not know how its moderators can start

malah

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If the internet goes down maybe bitcoin is inaccessible and nobody can do sales there so bitcoin can disappear.

qwertyuiop0987654321

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Quote from: cryptolives on December 14, 2015, 03:54:45 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 or basically shut down then there is only one thing that might happen to BTC it might go down also. Everything about Bitcoin needs internet. Like for example, this forum, internet is needed in order to post, if there is no internet, there is no post, if there is no post, there is no gain of BTC.

jdhkslj

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Internet is common need today lives.bitcoin is depends on the internet.if internet goes down,bitcoin can not survive.

Christian13

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Quote from: cryptolives on December 14, 2015, 03:54:45 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 the internet has become a bridge that connects people. It has become a vital resource for a multitude of industries and some fields depend on it for their existance. The latter is the case of cryptocurrency, which was created to give more freedom when it comes to the financial part of more and more businesses. Without that bridge, as everyone else stated, Bitcoin would become redundant.

nightxglow

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If the internet is down, it's obvious that we can't access bitcoin again. Bitcoin will dead i think, since there will be no one using it again.
We can't check our bitcoin, manage it, buy or sell it anymore without internet.
It's the only way to access bitcoin so when internet is over, bitcoin will be over too. Except there's a way to use bitcoin without internet.

The Monkey King

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Quote from: cryptolives on December 14, 2015, 03:54:45 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 goes down of course bitcoin will be affected because it's an online currency you can only access your account and use it if you have an internet the cryptocurrency not only bitcoin will gonna i think stop because no one or less people are using it and the money of the people will gonna wash out without internet you can not get the money you invest in bitcoin.

wallstone

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Quote from: justspare on December 14, 2015, 04:11:04 AM

If the internet goes down, Bitcoin is rendered useless, you pretty much can't do anything. But I doubt that the internet will ever go down, as in like fully shutdown across the whole world.

I think if the internet is goes down it would be a big problem to all bitcoin users, traders and investors because the price of bitcoin will also goes down or it will become $0. Furthermore, it will also have an negative effect in bitcoin community and in bitcoin industry.

nguyenhoven

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with nuclear war, btc is your smallest problem

tryer12

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Bitcoin won't be able to operate. No Internet no bitcoin as simple as that.
Unless something new will come , which we don't know of yet.

emezh10

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Quote from: cryptolives on December 14, 2015, 03:54:45 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

Quote from: cryptolives on December 14, 2015, 03:54:45 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

Think of a much lighter scenario, than a nuclear war. If that is the chaos you worry about, there are more to think about than facilitating bitcoin. But, getting back to the question of what will happen to bitcoin in case the internet goes down, Its would probably a major breakdown on the operation of bitcoin. Bitcoin as a digital currency relies mostly on the net, almost all of its transactions and services are done online, so that would result to a negative impact on bitcoin, unless corrected immediately.

aakriti

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It is hypothetical question. Even if internet goes down not only Bitcoin but all the services related to internet will stop.

claydeey

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I hope it won't to us, internet access is very significant in a cryptocurrency economy but if it happens not only bitcoin will be affected.

doycku

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If suddenly it happens that the Internet disappears, then no one can withdraw their savings on electronic purses. So I think that you need to keep money just under the pillow

meanwords

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Basically, Bitcoin would also go down. Bitcoin needs internet to function and if internet really does goes down, then I think it's the end of the line for Bitcoin. We then are forced to use fiat currencies.

jhewlijw

newbie

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If internet goes down,i will go through the paper currency.

jollyreti

newbie

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You will have it in your cold wallet and all you need to do is wait for internet to be up again , then you are millionaire again

Generator124

newbie

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The bitcoin will be gone. He has no material base.
Its hard to destroy the Internet,
but destroy people beliefs in bitcoin - easily.

Tracey130

newbie

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Its simple, no internet, no bitcoin. Its a coin founded in the digital world so it does not exist without it.

denny27

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Elwar on December 14, 2015, 05:01:18 AM

With no internet...what happens to porn?

I believe that is the more crucial question.

Aw not supposed to., you compare a Bitcoin with a porn, it's tickled Cheesy

indeed both are will be disturbed and disadvantageous to us, because surely any activities what we do which's moves in a cyberspace will be distracted if the internet connection is down and our activities will be left behind from the latest such as price movements on crypto, not a porn lol.

By the way but I'm sure the Internet will continue to exist until the future and will be more useful for everyone.

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