what happens to Bitcoin if internet goes down? - page 31.

Vaskiy

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Quote from: mindrust on May 01, 2016, 10:54:11 AM

Internet can't go down.

You would'nt worry about bitcoins if that happens trust me. Because the World will go down if that ever happens.

Yeah if internet goes down not only bitcoin so many process will be shut down as internet is the base for every country's development process, if internet goes off bitcoin will suffer a lot.

delliaerd

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Quote from: wuvdoll on May 01, 2016, 10:50:09 AM

Quote from: InsideBjorn on April 22, 2016, 05:20:36 AM

The chance is really small that the internet will goes down, but if that is going to happen than there are a lot of people that is going to be mad and Bitcoin will maybe disappear.
But dont talk about things that the chance is really small that can happen.

The chances are really very small that internet go down and I think it will happen only if a war started and everyone started to destroy each other and each others’ technology, then it is a possibility that internet go down and everyone lose their businesses and money.

I only say that all of these incidents never happen forever. When the internet goes down, i am sure that bitcoin will can not to use as well, because bitcoin is form of money which work online (with internet connection). It means while the internet connection can not to use, bitcoin can not to use too. Maybe in advance there some development to fix this problem.

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Internet can't go down.

You would'nt worry about bitcoins if that happens trust me. Because the World will go down if that ever happens.

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Quote from: InsideBjorn on April 22, 2016, 05:20:36 AM

The chance is really small that the internet will goes down, but if that is going to happen than there are a lot of people that is going to be mad and Bitcoin will maybe disappear.
But dont talk about things that the chance is really small that can happen.

The chances are really very small that internet go down and I think it will happen only if a war started and everyone started to destroy each other and each others’ technology, then it is a possibility that internet go down and everyone lose their businesses and money.

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Quote from: romero121 on April 29, 2016, 01:18:36 AM

Quote from: MFahad on April 29, 2016, 01:12:11 AM

I don't think that the day will come true, but good question, if the day will come so everyone can face the lose and lose, because now not only bitcoin, most of the other business are totally depending on internet. so all people face the lose also including bitcoin's members.

Internet won't go down, as everything in this era is totally dependent upon internet. These days only the development in internet technology might happen rather than a destruction.

even if war happens it will not change anything on the internet. the internet will not be stopped by that factor. the future will continue to run and the internet is part of it all. Internet will continue to grow everyone will be connected to the Internet and many people will use online currency "bitcoin"

omahapoker

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Without the Internet, bitcoin buyers and sellers cannot connect to trade with one another and this will dramatically affect bitcoin's price negatively. Even if some people have access to the Internet, the fact that bitcoin usage reverted back to its early days, when not more than a handful of people have access to it, bitcoin will crash in value to that of the early days.

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Quote from: thend1949 on April 29, 2016, 07:38:24 AM

Bitcoin will goes down also becuase bitcoin has no physical appearrance. But if they invented a physical wallet and the device that can transfer bitcoin without internet bitcoin will not dissappear

Which I think not possible.. How will it sync with network without internet..So most probably when internet is down, so as the bitcoin...But we are now living in the modern world, internet won't just give up and cut easily...

thend1949

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Bitcoin will goes down also becuase bitcoin has no physical appearrance. But if they invented a physical wallet and the device that can transfer bitcoin without internet bitcoin will not dissappear

JeanMcCoy

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If that will happen than Bitcoin will disappear I think because Bitcoin is depended on the internet so the internet is really important for Bitcoin so internet must be alive.
And the chance is also small that it can be down, internet is really important for the whole world, not only Bitcoin but also some stores and companies so the chance is also low.

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Quote from: Mr. Big on April 29, 2016, 03:58:24 AM

Quote from: NewBet on April 29, 2016, 01:54:48 AM

If internet really go down , the scene will like the movie “ Transcendence " in the end..
Of course bitcoin will go down too, i mean completely disappear...

Well, I don't think that internet would go down and be gone for a long time and in the whole world...But I think if ever the internet goes down, Bitcoin would also die and along with other things that survives because of internet..

If the internet goes down then Bitcoin will also go down but the internet will only go down for a short time.

Once the internet is back up and running Bitcoin will also come back to life. That's why Bitcoin will never completely go away. It always comes back.

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Quote from: NewBet on April 29, 2016, 01:54:48 AM

If internet really go down , the scene will like the movie “ Transcendence " in the end..
Of course bitcoin will go down too, i mean completely disappear...

Well, I don't think that internet would go down and be gone for a long time and in the whole world...But I think if ever the internet goes down, Bitcoin would also die and along with other things that survives because of internet..

NewBet

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If internet really go down , the scene will like the movie “ Transcendence " in the end..
Of course bitcoin will go down too, i mean completely disappear...

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Quote from: MFahad on April 29, 2016, 01:12:11 AM

I don't think that the day will come true, but good question, if the day will come so everyone can face the lose and lose, because now not only bitcoin, most of the other business are totally depending on internet. so all people face the lose also including bitcoin's members.

Internet won't go down, as everything in this era is totally dependent upon internet. These days only the development in internet technology might happen rather than a destruction.

MFahad

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I don't think that the day will come true, but good question, if the day will come so everyone can face the lose and lose, because now not only bitcoin, most of the other business are totally depending on internet. so all people face the lose also including bitcoin's members.

tn211

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Quote from: AsaroUk on April 28, 2016, 12:40:05 PM

If that is going to happen than Bitcoin will be bad and there will be also a lot of people that is going to hate Bitcoin and that is quite logic because they use it as a payment method.
And the chance is also really small that it can happen for Bitcoin that the internet will go down.

I think people will hate it than because they will lose a lot of money, most likely this will not happen of course but there is a chance when there will be a cyberwar this is gonna happen..

AsaroUk

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If that is going to happen than Bitcoin will be bad and there will be also a lot of people that is going to hate Bitcoin and that is quite logic because they use it as a payment method.
And the chance is also really small that it can happen for Bitcoin that the internet will go down.

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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

just asl your self,do some research by your case,imagine if you have so many bitcoin,but you have no access to internet since you get your bitcoin,what will you do?what happen to your bitcoin?

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Quote from: Login2Luck on April 22, 2016, 04:55:13 PM

bitcoin is i think almost dependent on internet, there will be no other alternate technology for bitcoin except ATM i think, so i think we have to take care of our internet connection and network and have to live with love and peace so that we do not lose our money.

I think the ATM also be connected to the server of the central bank? if Internet dies not only bitocin the dead but also the management of the banks will have problems because they use the data via online they should use the Internet to connect with over branch so the internet will not be dead. calm dude Cheesy

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Quote from: senyorito123 on April 26, 2016, 06:25:06 AM

Quote from: Vaskiy on April 26, 2016, 06:09:41 AM

Quote from: phreaky on April 26, 2016, 03:53:13 AM

Quote from: foxbitcoin on December 14, 2015, 05:02:44 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

Bitcoin network completely breaks down. no hash power, no node. no confirmation, then we have to go cash, like dollar, euro.

Yeah if the internet goes down there is pretty much nothing that we can do, we just have to life with it at the moment. We just have to go back to the old ways and use only your countries currency again.

People will get mad if such things happen, no possibility for internet to go down, as people rely on internet, everything get collapse if internet goes down, bitcoin will be almost dead as there will be no alternative solution for bitcoin than internet.

If on internet on earth in think it is mass hesteria for bitcoin users the transaction well be stop, and the bitcoin will temporary die because no internet connection can be flow. But i think if the internet connection will be back the bitcoin will be back alive because the bitcoin is froze and not decreased because it is just stop due to no connection.

if internet goes down there will be a lot of major problem than bitcoin, all the world is connceted, whitout internet we'll have a cataclism

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Quote from: Vaskiy on April 26, 2016, 06:09:41 AM

Quote from: phreaky on April 26, 2016, 03:53:13 AM

Quote from: foxbitcoin on December 14, 2015, 05:02:44 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

Bitcoin network completely breaks down. no hash power, no node. no confirmation, then we have to go cash, like dollar, euro.

Yeah if the internet goes down there is pretty much nothing that we can do, we just have to life with it at the moment. We just have to go back to the old ways and use only your countries currency again.

People will get mad if such things happen, no possibility for internet to go down, as people rely on internet, everything get collapse if internet goes down, bitcoin will be almost dead as there will be no alternative solution for bitcoin than internet.

If on internet on earth in think it is mass hesteria for bitcoin users the transaction well be stop, and the bitcoin will temporary die because no internet connection can be flow. But i think if the internet connection will be back the bitcoin will be back alive because the bitcoin is froze and not decreased because it is just stop due to no connection.

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