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Topic: what happens to Bitcoin if internet goes down? - page 24. (Read 34295 times)

sr. member
Activity: 406
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full member
Activity: 238
Merit: 100
If the internet goes down Bitcoin goes down with it that is just how simple it is, Bitcoin has to rely on the internet.
Internet at this point is a must and many people and companies would not survive without it.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
currently we live in an age of technology and the need of the Internet, if the Internet goes down, not only bitcoin, but all will die.
and will be back as antiquity live without the Internet.

Of course, because I was also one of the people who use the internet in any activity. Everyone will surely lose the spirit of life, because some things can be done automatically changed to manual.
huh i think not that much,before internet was exist,people could live as fine as now,if internet suddenly goes down,it would affect us in period not going to giving affect to our whole life
full member
Activity: 154
Merit: 100
currently we live in an age of technology and the need of the Internet, if the Internet goes down, not only bitcoin, but all will die.
and will be back as antiquity live without the Internet.

Of course, because I was also one of the people who use the internet in any activity. Everyone will surely lose the spirit of life, because some things can be done automatically changed to manual.
legendary
Activity: 2688
Merit: 1065
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If the internet goes down then Bitcoin goes down with it it is just that simple if you ask me about it, not only Bitcoin will go down tho.
There are so many other companies that rely in the internet they will go down ass well.

Bitcoin will not goes down even internet will. It will just stopped since it's relying on the internet to make such transaction and in the first place that's why it called virtual currency lol. Bitcoin will be back once internet be up again. No such thing to happen that internet will go down for a long time.
legendary
Activity: 1862
Merit: 1046
currently we live in an age of technology and the need of the Internet, if the Internet goes down, not only bitcoin, but all will die.
and will be back as antiquity live without the Internet.
sr. member
Activity: 420
Merit: 250
If the internet goes down then Bitcoin goes down with it it is just that simple if you ask me about it, not only Bitcoin will go down tho.
There are so many other companies that rely in the internet they will go down ass well.
legendary
Activity: 1092
Merit: 1000
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If the Internet goes down, people wouldn't be able to do Bitcoin transactions. But once the Internet goes back, then people can resume their bitcoin business. It would be just as if the Bitcoin status is at 'paused'. The data and records of bitcoin wouldn't be deleted, once the Internet is back, all of those data can be retrieved as if nothing happened.

Exactly. Bitcoin is a P2P technology and as long as there is one person that is using bitcoin, then bitcoin is technically "alive". And there is an extremely slim chance of this ever happening to all of us.
hero member
Activity: 2912
Merit: 642
If the Internet goes down, people wouldn't be able to do Bitcoin transactions. But once the Internet goes back, then people can resume their bitcoin business. It would be just as if the Bitcoin status is at 'paused'. The data and records of bitcoin wouldn't be deleted, once the Internet is back, all of those data can be retrieved as if nothing happened.

That would be the scenario BUT for bitcoin to shutdown? It would not happen or  in very small percentage. Will the world will have a power outage at the same time? If no power in Asia, in Europe or Ameroca or Middle East surely will have power. Another is, there are also Power storage or backups on servers,telcos etc.

If all of that happens it is still not the end of the world. We are just not used to it. The world did start without electricity and it will still live without it actually it is the one who is making it die.
Bitcoin is just a dot in all of that. It can happen but not soon.
hero member
Activity: 1414
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Backed.Finance
If the Internet goes down, people wouldn't be able to do Bitcoin transactions. But once the Internet goes back, then people can resume their bitcoin business. It would be just as if the Bitcoin status is at 'paused'. The data and records of bitcoin wouldn't be deleted, once the Internet is back, all of those data can be retrieved as if nothing happened.

That would be the scenario BUT for bitcoin to shutdown? It would not happen or  in very small percentage. Will the world will have a power outage at the same time? If no power in Asia, in Europe or Ameroca or Middle East surely will have power. Another is, there are also Power storage or backups on servers,telcos etc.
legendary
Activity: 1008
Merit: 1060
If the Internet goes down, people wouldn't be able to do Bitcoin transactions. But once the Internet goes back, then people can resume their bitcoin business. It would be just as if the Bitcoin status is at 'paused'. The data and records of bitcoin wouldn't be deleted, once the Internet is back, all of those data can be retrieved as if nothing happened.
legendary
Activity: 3472
Merit: 10611
i do kinda worry about this but I dont think it can be brought down entirely.  Maybe one government of a large country could shut it down and it may affect the price but for a world wide internet shut down, that would be scary as hell.

yeah, that is scary but also it is not real. some things are scary like getting hit by a meteor as you are walking down the street but that doesn't make them come true and there is no need to worry about it either.
in case of internet, it will only go down in case a nuclear war happens and all humanity is annihilated!
member
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i do kinda worry about this but I dont think it can be brought down entirely.  Maybe one government of a large country could shut it down and it may affect the price but for a world wide internet shut down, that would be scary as hell.
hero member
Activity: 1232
Merit: 669
Is the internet goind down, maybe you have other big deals than bitcoin.. I guess
hero member
Activity: 714
Merit: 531
If the internet stop being in existence there will be nothing as bitcoin anymore,  we would go back to square one
That is true not only bitcoin is affect all online transaction will be stop. As of now continuous growing the online shopping community which is really needed the internet connection.
sr. member
Activity: 257
Merit: 250
If the internet stop being in existence there will be nothing as bitcoin anymore,  we would go back to square one
hero member
Activity: 759
Merit: 502
Bitcoin is going down with it just like so many other companies, the internet is just so important these days that the world cannot continue without it.
I do not believe that the internet is ever going to go down.
Internet giving a big role in the various section of human life. but without internet i sure the world will keep alive.is always having a chance for the internet is going down.because a lot of factor can make it becomes a real.example the natural disaster.



Yeah and if internet goes down forever in future then I think it will be an end of bitcoin too as bitcoin is totally dependent on internet and if it happens then people will loose all their saved coins.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
Bitcoin is going down with it just like so many other companies, the internet is just so important these days that the world cannot continue without it.
I do not believe that the internet is ever going to go down.
Internet giving a big role in the various section of human life. but without internet i sure the world will keep alive.is always having a chance for the internet is going down.because a lot of factor can make it becomes a real.example the natural disaster.

sr. member
Activity: 420
Merit: 250
Bitcoin is going down with it just like so many other companies, the internet is just so important these days that the world cannot continue without it.
I do not believe that the internet is ever going to go down.
legendary
Activity: 1638
Merit: 1046
As I've said before, bitcoin becomes  worthless as soon as you get outside of a wifi field. But if the entire internet of things is down, well, I think we have more important issues than bitcoin at that moment.
Yeah bitcoin will be worthless but i think we are also have a 3g or hsdpa in our mobile phones that we can bring bitcoin anytime anywhere..
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