I believe that when we are already doing enough research to find solutions to energy problems in the world, we believe that we need electric power in a different way than electricity, and electricity and alternative methods of course will be produced for crypto money trading at a time when electric tools are being produced.
Topic: What happens when there is NO electricity? How does one trade with BTC? - page 7. (Read 3107 times)
May 30, 2018, 06:05:35 AM
May 30, 2018, 05:56:38 AM
I guess if you don't have electricity especially when a disaster strikes in your place, you have to find a food and security first, then electricity. I don't think you need to trade or do bitcoin on that casualties. You have to prioritize your family or loved ones first before thinking about how you will trade with bitcoin.
Bitcoin is an industry that can make our lives better, not to save from calamities. You have to sort your priorities,man.
Bitcoin is an industry that can make our lives better, not to save from calamities. You have to sort your priorities,man.
May 30, 2018, 05:26:47 AM
This cannot build due for seven days even while not power. there's not extremely any motivation to deny this reality that Bitcoin can nevermore survive if there's no power. Actually, it's not simply Bitcoin United Nations agency will not get by while not power however such an oversized variety of various things additionally. Power is that the essential want of individuals.
May 30, 2018, 05:12:40 AM
Well I don't know if it's because of me reading too many sci-fi books or it's just simply fact but I don't suppose that people would worry about trading BTC more than other personal needs if there was no electricity. If the world's power network failed, some important systems would be shut down and there would be chaos everywhere and people would be busy fighting for survival rather than trading cryptocurrencies. Anyways it's just my opinion.
May 30, 2018, 04:33:20 AM
I think electricity is main factor if we want to trade cryptocurrency. We can not mine bitcoin or trade bitcoin if we dont have electricity. But if we have solar panel or some alternative energy power, i think we can make trade and investment in crypto
May 30, 2018, 02:24:32 AM
We all know that internet is the main ingredient of Blockchain technology so if electricity will be gone. I think everything will become useless. BTC will not exist.
I don't know if there is no electricity in the world the crypto currencies are not to be usable it will be an important thing for all the people we need to make alternative idea for this.
Honestly, it is difficult to imagine that this can happen. In this case, there will be no Internet, and all the virtual money will really become useless. Hope, we will not see such catastrophe.
However, in case this thing ever happens, then it will be impossible for anyone of us to perform any kind of transaction related to that of the crypto currencies and to do any such thing which can help him in making money from the crypto coins.
May 30, 2018, 02:22:19 AM
Because the market is extremely volatile these days, the value can go from the highest to the lowest figure for no time.
May 29, 2018, 06:09:02 PM
perhaps by turning on a machine that can generate electricity or go to a friend's house whose electrical flow is alive. that way we can continue to trade with btc.
May 29, 2018, 07:11:39 AM
We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
Satellite internet + good solar battery for charging. This is the perfect kit for any natural disaster. My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
Although it is expensive, and people in poor countries can not afford to buy it. 
May 29, 2018, 04:23:09 AM
how to trade bitcoin without electricity? will not be able to !
You must know, on this earth no one can survive alone.
You must know, on this earth no one can survive alone.
May 29, 2018, 03:04:04 AM
Of course without electricity we will not be able to use bitcoin, thousands of servers are connected to each other need power to connect each other and if there is no electricity then the transaction can not be confirmed.
May 29, 2018, 01:39:25 AM
Bitcoin is an opportunity of earning a lot of money, however it needs a protection, without which it would no longer be yours and somebody else will have it.
May 28, 2018, 10:34:15 PM
We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
If no electricity I think you cant trade your bitcoin unless you have a generator because we need power and connection if that two will gone maybe your bitcoin are stop so you need to invest more in power and internet connection because that two are very important. My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
May 28, 2018, 09:26:34 PM
We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
If no electricity I think you cant trade your bitcoin unless you have a generator because we need power and connection if that two will gone maybe your bitcoin are stop so you need to invest more in power and internet connection because that two are very important. My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
May 28, 2018, 08:07:11 PM
Electricity is an important thing in life, certainly the world will stop if there is no electricity, let alone bitcoin is very dependent on electricity because the internet would require electricity, if there is no electricity then we can not be trading bitcoin.
May 28, 2018, 07:56:19 PM
We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
Electricity is mandatory for the entire world and if you are going to relate electricity to cryptocurrency then bitcoins will not flow since blockchain needs graphic cards which is being runned by electricity just the same as the internet.
May 28, 2018, 07:52:59 PM
This is the situation where I am worried about, the digital transaction is useless. This experience will be a lesson to us, we must be prepared if we know this kind of calamity will happen to us. Before the calamity struck, if you don't have your local money on hand this is the time you can use your bitcoin, buy and stock food or some emergency things you will need during and after the calamity. It will take months before the situation becomes normal with that kind of calamity.
You are correct mate.Since bitcoin needs electricity to transact preparedness is very important.Their are gadgets that maybe use when current is cut off like for example, a power bank or if you have money enough to buy a generator,then it is better to have one. May 28, 2018, 06:55:00 PM
Electricity is really a big thing in the world of cryptocurrency trading. To get started with trading, it uses internet connection. But if the electricity goes out, many can be made alternatives, such as Solar energy. We can not lose electricity because Internet and gadgets are being operated with electricity without it we can not do trading.
Solar panel is really the best option for those people who do not have electricity or where there is more time down of electricity from governments. The other option is an electricity generator as it also work better at times when there is sunset because at sunset the solar panel will not work and many people do trade at night time because in the day they do their day job. May 28, 2018, 06:41:03 PM
Bitcoin is not safe in your pockets, someone could break the cryptosystem and thieve them with the help of digital codes.
The question is about how to trade Bitcoin or use your coins for transaction in case you do not have electricity. I think without electricity you cannot drive an electronic devise and yes if the land power line is out, you can use the batteries to get solar power and keep your transactions running. If that is not possible, there is one of the latest inventions in the form of a device that is able to split the electric and magnetic vectors in an electromagnetic wave and use the electric vector to power your mobile phone and laptop. So even in the absence of electricity and sunlight, you can use alternate sources to keep the business running. May 28, 2018, 06:47:08 AM
Bitcoin is not safe in your pockets, someone could break the cryptosystem and thieve them with the help of digital codes.
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