Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Godlovesyou on March 09, 2023, 07:35:18 PM



Title: Second time of downtime in 3650 Days
Post by: Godlovesyou on March 09, 2023, 07:35:18 PM
Tom said and i quote: It’s been 3650 Days, almost 10 years exactly since Bitcoin has had a second of downtime.

All the madness of the last decade - hash rate increasing 100 fold, China mining bans, bank runs, market volatility. Nothing stops the network. Tik tok, next block.

Since this downtime has happen before, is an evidence that bitcoin is grooming more strength and technology. The pump this time is going to take long journey and that's going to be cool on traders and investors of bitcoin.

I remember the first downtime people where acting like losing but the whole thing play out well and this time will be better of.

https://twitter.com/thomas_fahrer/status/1633690952748666881


Title: Re: Second time of downtime in 3650 Days
Post by: Majestic-milf on March 10, 2023, 02:10:46 AM

Since this downtime has happen before, is an evidence that bitcoin is grooming more strength and technology. The pump this time is going to take long journey and that's going to be cool on traders and investors of bitcoin.
.
 Tell that to skittish investors and traders, bruh. I think Bitcoin has survived many speculated crashes after experiencing some downward surge in price which forced some peeps to panic sell unlike any other digital coins.
It has proven to have the potential to do better and even though prices are not so stable right now, I expect to see some  positive outcome seeing as the next Bitcoin halving is a year from now.


Title: Re: Second time of downtime in 3650 Days
Post by: dkbit98 on March 10, 2023, 05:05:44 PM
Tom said and i quote: It’s been 3650 Days, almost 10 years exactly since Bitcoin has had a second of downtime.
I don't know any other network in the world that has 99.98% of uptime for such a long time like Bitcoin.
There are several websites we can use for tracking exact percentage, and this is a good way of promotion whenever people tells you bitcoin is worthless.
Bitcoin total uptime is around 14 years, with 100% uptime since August 2013!
https://buybitcoinworldwide.com/bitcoin-uptime/
https://bitcoinuptime.org/


Title: Re: Second time of downtime in 3650 Days
Post by: mendace on March 10, 2023, 05:54:02 PM
It is not necessary that Bitcoin continues to increase its value, you are confusing it too much with an asset even if it will be inevitable due to its deflationary nature but you should put more effort into mass adoption and simply think that 1btc=1btc


Title: Re: Second time of downtime in 3650 Days
Post by: mk4 on March 10, 2023, 06:00:16 PM
The pump this time is going to take long journey and that's going to be cool on traders and investors of bitcoin.

Bitcoin's price has very little to do with its uptime. If anything, I'm pretty sure most people don't even know that bitcoin went down twice in the past. Even if it had literally 100% uptime, if people don't see its importance, then they'll think it's unnecessary.


Title: Re: Second time of downtime in 3650 Days
Post by: Aanuoluwatofunmi on March 10, 2023, 09:54:44 PM
Should we even consider this a downtime at all with bitcoin or considers being highly volatile at this period, if we are to look at the beginning of the year, we could come across many uptimes with bitcoin price to always try to take a bull move but there has always been a resistant stopping it from going beyond $25,000 and now that we are into it again on dip, it isn't the first kind because we've experienced as low as $15,000 late last year, and everything happening is not new to us anymore but a catch on having cruise on bitcoin price speculation.


Title: Re: Second time of downtime in 3650 Days
Post by: logfiles on March 10, 2023, 11:37:26 PM
So when I read the post, I actually thought you are the one who wrote it OP until I visited the link you shared. It was just a direct copy-paste and here i was think OP witnessed the downtime.

I almost asked you what was it like at that time when there was a downtime, but I guess I will now never know ;D


It is not necessary that Bitcoin continues to increase its value, you are confusing it too much with an asset even if it will be inevitable due to its deflationary nature but you should put more effort into mass adoption and simply think that 1btc=1btc
Should we even consider this a downtime at all with bitcoin or considers being highly volatile at this period, if we are to look at the beginning of the year, we could come across many uptimes with bitcoin price to always try to take a bull move but there has always been a resistant stopping it from going beyond $25,000 and now that we are into it again on dip, it isn't the first kind because we've experienced as low as $15,000 late last year, and everything happening is not new to us anymore but a catch on having cruise on bitcoin price speculation.
You two probably don't know what they meant by downtime. Damn


Title: Re: Second time of downtime in 3650 Days
Post by: PX-Z on March 10, 2023, 11:59:20 PM
Bitcoin's price has very little to do with its uptime.
It is, on its last downtime wayback 2013, but it doesn't take long after it was fixed 5 hours later by satoshi himslef.

But yeah, that was a decade ago and look what bitcoin had become up to this very moment, it may seem have usually downtrend but it won't go the very same moment 4 years ago.