Topic: what happens to Bitcoin if internet goes down? - page 22. (Read 34308 times)
After the chaos the long-awaited decentralized internet could become mainstream, and bitcoin could work on it.
I cannot able to digest the question you asked, because we are people now depending on the bitcoin now it is the most valuable paying currency right now, many people have invested ton and tons in bitcoin, if this happens definitely many will suicide.
No one have to need to suicide, as the internet can never go down, and if it gone down then it will be because of some technical problems and will once again come back, an year ago it gone down in our country because of fiber damaged and after about two weeks it repaired and fixed.
I cannot able to digest the question you asked, because we are people now depending on the bitcoin now it is the most valuable paying currency right now, many people have invested ton and tons in bitcoin, if this happens definitely many will suicide.
It's simple, the whole network and its miners will not reach each other, and thus stop working completely. It is however not a doom scenario as nodes and miners are not in a single place. They are spreaded throughout the world which means that whatever happens in a certain city or country, there will always be enough countries that keeps Bitcoin functioning. No need to worry.
I think that bitcoin will not be disappeared but it will be available only for a small number of people on the same network, if this happens then bitcoin price would go down drastically and maybe useless.
i think the bitcoin will also go down but only few days. because after that the expert will find another way of using and trading in bitcoin. bt people are not going to leave it at any cost.
If there is no internet then there will be no bitcoin too, as bitcoin is totally dependent on internet and if internet will disappear in future then bitcoin will die too.
If internet goes down bitcoin become nothing. We know that bitcoin we use a internet to connect in our btc wallet if internet goes down bitcoin is going to be dead. Many people getting suicide if that will happen. I think many get crazy. But i think that is not gonna be happen to internet
thats true i think that it would be impossible for bitcoin to exist then, and that would be really sadthough without the internet a lot of things wouldnt exist and it would definitely be a disaster
i think the bitcoin will also go down but only few days. because after that the expert will find another way of using and trading in bitcoin. bt people are not going to leave it at any cost.
I cannot able to digest the question you asked, because we are people now depending on the bitcoin now it is the most valuable paying currency right now, many people have invested ton and tons in bitcoin, if this happens definitely many will suicide.
that's true. There are many people's investment in bitcoins. It the internet shuts down there is going to be a huge problem.Not just for bitcoiners but also for most of the people !!!! Internet has become a basic need that we can't imagine to live
without it.
If internet goes down bitcoin become nothing. We know that bitcoin we use a internet to connect in our btc wallet if internet goes down bitcoin is going to be dead. Many people getting suicide if that will happen. I think many get crazy. But i think that is not gonna be happen to internet
Actually, bitcoins wouldn't necessarily die just because of internet going down since bitcoins are also stored offline with servers under nuke bunkers, guarded with real armed people. It's only that the transactions would halt, since there wouldn't be any way of doing transactions but of course, it's only a matter of time when people get to think of ways of spending them again since we wouldn't just settle in and accept the fact that internet is down for good.
If internet goes down bitcoin become nothing. We know that bitcoin we use a internet to connect in our btc wallet if internet goes down bitcoin is going to be dead. Many people getting suicide if that will happen. I think many get crazy. But i think that is not gonna be happen to internet
I cannot able to digest the question you asked, because we are people now depending on the bitcoin now it is the most valuable paying currency right now, many people have invested ton and tons in bitcoin, if this happens definitely many will suicide.
I think you less to digest the question asked. It is true that there are some people who rely on the bitcoin for profit or for use in a given transaction. But it is also for sure there will be something that could happen, i.e., as asked by the COP. so these are just opinions and you certainly know what it's opinions
I cannot able to digest the question you asked, because we are people now depending on the bitcoin now it is the most valuable paying currency right now, many people have invested ton and tons in bitcoin, if this happens definitely many will suicide.
bitcoin had many use online so if the internet connection lost the online transaction will gone and of course without the use of it the price will continue decrease .but I guest it will not happen all around the world.
Definitely this won't happen, in older days nobody depends upon internet but now the condition has reversed, so if internet gets collapsed the whole economy will be collapsed.That's true. If such a situation arise no sectors functions properly. From a small shops to multi-storeyed malls and highly booming industries gets collapsed. Possibly our internet system gets further development than going down.
bitcoin had many use online so if the internet connection lost the online transaction will gone and of course without the use of it the price will continue decrease .but I guest it will not happen all around the world.
Definitely this won't happen, in older days nobody depends upon internet but now the condition has reversed, so if internet gets collapsed the whole economy will be collapsed. 
bitcoin had many use online so if the internet connection lost the online transaction will gone and of course without the use of it the price will continue decrease .but I guest it will not happen all around the world.
Bitcoin would just go down and there is nothing that we are able to do at that point, that is just fact.
Internet is to important in today's world so we cannot live without it.
Internet is to important in today's world so we cannot live without it.
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
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, Bitcoin will go down as well. Since Bitcoin transmission is dependent on internet. All the transaction will stop. Bitcoin transfer, mining, shop payments etc. This is actually what we literally called Bitcoin network being dead.
Bitcoin being dead means you cannot send Bitcoin or use it as a mean of payment if you wanted to send money to someone in the other country.
Try to go without your phone for 1 week. Some people would not know what to do.
How about those people in third world countries that can't even experienced internet for their whole life?
Internet will be a headache for those who depends on here mostly but for the people who doesn't have experienced using it, it's just a piece of candy even without it they can live.
Also if applied to thread title, people in those community will never be reached by bitcoin.
You have to understand that the internet is not one main central computer system which can go down. For the internet to go down every internet service provider in the world would have to terminate. If this happens for some reason, we have a lot more to worry about other than what would happen to Bitcoin.
yeah, bitcoin is currently too younger in the world of internet there are a lot of other businesses and other matters related to the internet if internet gone down then a big destruction to the world system will be in wait so developers will not let it to go down.
You have to understand that the internet is not one main central computer system which can go down. For the internet to go down every internet service provider in the world would have to terminate. If this happens for some reason, we have a lot more to worry about other than what would happen to Bitcoin.
yeah, bitcoin is currently too younger in the world of internet there are a lot of other businesses and other matters related to the internet if internet gone down then a big destruction to the world system will be in wait, so developers will not let it to go down, for the sake of world business and world system maintenance they will struggle hard to keep internet alive.
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