Topic: what happens to Bitcoin if internet goes down? - page 37. (Read 34295 times)
If internet will goes down maybe bitcoin price will crash too. and many traders will stop trading in many trading sites..
if Internet goes down we are back to the stone age, so we will not be needing bitcoin and only need animal skin to trade for fire.
I think if the internet down. all banking activities and others will stack and stops. people will not be able to withdraw money from bank merkea. we're in the stone ageYeah, if the internet down we will back into old era that no email, no media social, no online currencies. Bitcoin will dead and human job will be more harder.
The internet cant be down forever. It can be down for some time and also for some places. The infrastructure of internet is so strong that it will never End. the only exception is that the world will end and it will End the internet and of course Bitcoins.
bitcoin is virtual currency.
logically, if internet goes down everything that is connect to the internet(virtual or etc) will goes down too.
logically, if internet goes down everything that is connect to the internet(virtual or etc) will goes down too.
What a big yes. Living without internet is like living without life lol. We are in the modern era now, we need the internet in our
daily life, most probably everyone use internet in so many way like business, games, office works, etc.
daily life, most probably everyone use internet in so many way like business, games, office works, etc.
if Internet goes down we are back to the stone age, so we will not be needing bitcoin and only need animal skin to trade for fire.
I think if the internet down. all banking activities and others will stack and stops. people will not be able to withdraw money from bank merkea. we're in the stone ageYeah, if the internet down we will back into old era that no email, no media social, no online currencies. Bitcoin will dead and human job will be more harder.
but it seems it is difficult to happen Internet will continue to be present and growing
IMO if internet goes down maybe the world already in serious trouble and people don't have time to think about bitcoin ,
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,bitcoin only will exist with local transaction,such on ad hoc connection,computer to computer without internet connection. but if you imagine there was nuclear war in this world,i think everyone dont care anymore about bitcoins and other currency,they just need food and walfare. 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 due to some war between countries or nuclear explosion, bitcoin usage will get reduced to a large. This will affect the entire system to a great fall in price.
Not sure what all the references to Stone Age are about?
Internet has been widely in public use for 20 - 30 years. Public financial institutions have been around forever.
The oldest still running bank dates from 1472. Deposits and currency exchange have been around for a couple of thousand years, loans and bursaries for over 4000 years.
The worlds financial systems have adapted to the Internet not the other way round. Bitcoin is a product of the possibilities of Internet connectivity but deep down the blockchain is a ledger and nothing more, I can imagine ways the principle could still exist without the internet.
Internet has been widely in public use for 20 - 30 years. Public financial institutions have been around forever.
The oldest still running bank dates from 1472. Deposits and currency exchange have been around for a couple of thousand years, loans and bursaries for over 4000 years.
The worlds financial systems have adapted to the Internet not the other way round. Bitcoin is a product of the possibilities of Internet connectivity but deep down the blockchain is a ledger and nothing more, I can imagine ways the principle could still exist without the internet.
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
You do not have to worry about that, you have survival to worry. If everything collapse after a nuclear war, there will chaos and a fight for survival for sure. You don't have the need for bitcoin or any currency because looting will be rampant.
Well this day and age the internet is just like a utility and a lot of other things would break as well, arguably more important than just Bitcoin. If it was just the internet, there are other means of communications, such as private networks, ham radio, etc. that the super dedicated could probably figure out a way to make it work.
If there is no internet anymore you shouldn't be worry about bitcoin, because that means the world has something much more serious issue.
if Internet goes down we are back to the stone age, so we will not be needing bitcoin and only need animal skin to trade for fire.
I think if the internet down. all banking activities and others will stack and stops. people will not be able to withdraw money from bank merkea. we're in the stone ageYeah, if the internet down we will back into old era that no email, no media social, no online currencies. Bitcoin will dead and human job will be more harder.
if Internet goes down we are back to the stone age, so we will not be needing bitcoin and only need animal skin to trade for fire.
I think if the internet down. all banking activities and others will stack and stops. people will not be able to withdraw money from bank merkea. we're in the stone age 
i dont get why no one makes a bitcoin bank building somewhere so then you can get the virtual and physical
currency just like a real bank
currency just like a real bank
I think there is no way you can trade Bitcoin if the internet goes down, unless if someone invented a new technology that has the same function with internet.
If the Internet goes down the Bitcoin network will cease to exist along with it because there will be now way of propagating the transactions any more. The banks and other digital wallets like PayPal and Skrill will be affected too however I am not sure what will happen to paper money and whether fiat will lose value or not but I think people that have been stocking up on precious metals like gold or silver will have a better time because gold has been a medium of exchange for centuries.
If the happens the bitcoin goes down many people sure will buy more bitcoin. And poeple wait to increase again the bitcoin price in the market. But don't worry bitcoin not going down fastly. Bitcoin going up daily. 
love BTC
love BTChow can you buy bitcoin if the internet is down??. you can't. I think you misinterpret the question, and didn't really understand it.
If internet goes down, you can't do anything to bitcoin. But i think the most important part is the whole world will get affected.
i think it's not likely gonna happen.
i dont get why no one makes a bitcoin bank building somewhere so then you can get the virtual and physical
currency just like a real bank
currency just like a real bank
If the happens the bitcoin goes down many people sure will buy more bitcoin. And poeple wait to increase again the bitcoin price in the market. But don't worry bitcoin not going down fastly. Bitcoin going up daily. love BTC
love BTC
Internet goes down I am going to need a new way of living. Imagine the banks go down as well, so it would not take long for the dark stuff to bubble up.
Worrying about bitcoin will be far from my thoughts.
Worrying about bitcoin will be far from my thoughts.
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