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Topic: what happens to Bitcoin if internet goes down? - page 41. (Read 34309 times)

sr. member
Activity: 420
Merit: 250
If internet goes down i think bitcoin will dead until the internet goes up again. and i think internet never go down though, so bitcoin will still life and never dead.
legendary
Activity: 1848
Merit: 1000
It would definitely be strange if everything went down, there is always the possibility of that happening even if it is a minute possibility.  Think it's already been said, bitcoin as we no it would be useless in it's value and we would have to use cash.


legendary
Activity: 2758
Merit: 1004
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if internet just goes down it's not a problem but the problem if internet disappeared for forever it will trouble to not get access to your online wallet, all miner problem,etc..
but if it happens it will slow down the speed of the internet, is not it will affect all online transactions, even bitcoin. and perhaps it will have an impact on the price and quality of the bitcoin
hero member
Activity: 924
Merit: 500
I don't know , but I think that bitcoin is related to internet so if internet goes down , bitcoin network will not work again .
legendary
Activity: 896
Merit: 1000
if internet just goes down it's not a problem but the problem if internet disappeared for forever it will trouble to not get access to your online wallet, all miner problem,etc..

if the internet indeed vanishes for ever, then the entire infrastructure that depends on internet will be unusable. it's quite a doom scenario that will never happen. it may only go down for a short while. not for ever.
hero member
Activity: 518
Merit: 500
if internet just goes down it's not a problem but the problem if internet disappeared for forever it will trouble to not get access to your online wallet, all miner problem,etc..
legendary
Activity: 1946
Merit: 1137
this whole topic is a big conspiracy theory and needs a giant tin foil hat wrapped around it.
internet is never going to go down unless humanity is on the verge of extinction, like a worldwide nuclear war happens (world war 3) and at that point there is no point in having bitcoin because we will all need shelter before anything else!
hero member
Activity: 504
Merit: 500
If the Internet went down it would be a strong sign that something was terribly wrong... Only a total war can bring the internet down these days. Let's hope that never happens
legendary
Activity: 2492
Merit: 1001
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Internet is the heart of bitcoin, so I guess if the internet is slow, then the bitcoin transaction process also slowed because bitcoin delivery depends on the speed of the Internet network
sr. member
Activity: 406
Merit: 250
That will not happen, but if it will happen than many people will not be happy and that is very bad. Because there are people that is depended  on Bitcoin.
But the chance is very small to happen that and that good. But we will see, but the chance is almost impossible.
newbie
Activity: 42
Merit: 0
Then it will be unusable, I think USD cash would be affected as well so I think gold or diamonds etc... will be the most used currencies at that time.
yeah certainly paper money or penny will be the first choice. because if the internet down naturally. transactions at the bank and so will be paralyzed, this way, cash is in need and important

There would be some a massive panick action through the whole world. Chaos, anarchy or maybe even worse.
sr. member
Activity: 420
Merit: 250
Then it will be unusable, I think USD cash would be affected as well so I think gold or diamonds etc... will be the most used currencies at that time.
yeah certainly paper money or penny will be the first choice. because if the internet down naturally. transactions at the bank and so will be paralyzed, this way, cash is in need and important
sr. member
Activity: 350
Merit: 250
It´s pretty simple the base of Bitcoin en the reason is exist is because of the internet.
If the internet goes down Bitcoin will also go down.
sr. member
Activity: 518
Merit: 254
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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
block are move by internet connection,so if internet in this world goes down,also with bitcoin,they will down at same time,we can't do anything without internet connection,we can't sent bitcoin or scan wallet address.

Yep. The very concept of how Bitcoin operates is with this block. People use this block to verify and authenticate transactions across networks. If the internet is down then there would be no point anymore for Bitcoin as well.
legendary
Activity: 1050
Merit: 1001
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
block are move by internet connection,so if internet in this world goes down,also with bitcoin,they will down at same time,we can't do anything without internet connection,we can't sent bitcoin or scan wallet address.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
The Internet can go down if there is no electricity any more. For example there is a TV show exploring this concept where people live in a post-apocalyptic world with no electricity trying to survive. Bitcoin will cease to exist but I think you will have far bigger problems than worrying about your Bitcoin stash  Grin
hero member
Activity: 2618
Merit: 548
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Chances of that happening are pretty less... Topic should have been like "What happens to Internet if Bitcoin goes down?".

I've experienced a big loss when Liberty-Reserve went down, so to me, most things in cyber space look temporary, but actually, I don't think the cyber space itself would go down. That could only happen if the whole world goes down.

The chance of this happening is indeed very small. I would say we can ignore it. Since it makes no sense to me.
Bitcoin and it's network had been proven to be a very solid and strong network.

Yes its been made very strong with the growing internet facilities. But I feel if the internet goes down certainly there will be alternate solutions to make it stable.
full member
Activity: 140
Merit: 100
I don't think they will be able to do anything about the internet, it's just too strong IMO... I doubt they can do anything about it... Regardless of that of course won't be usable if the internet goes down.
hero member
Activity: 1120
Merit: 507
Then it will be unusable, I think USD cash would be affected as well so I think gold or diamonds etc... will be the most used currencies at that time.
member
Activity: 84
Merit: 10
If the internet goes down i think bitcoin will probably go down with them. I am not sure if it is possible that bitcoin will survive when the internet crashes
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