hermanhs09
|
|
July 12, 2016, 08:49:59 PM |
|
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
Let's say it will really happen,however i dont think that internet all across the world could get destroyed. The thing is that bitcoin is actually not physical,it is a bunch of code,number,and blocks and also people who trust this system,so they are willing to pay money for every bitcoin. If internet would dissapear,also transactions could not go through,because they are made by a web,and we cannot expect "face to face" transactions,if it is digital. Unless someone would predict it,and it would be possible to proove that you have bitcoin "with physical evidence"
|
|
|
|
|
|
|
"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
PacePay
|
|
July 12, 2016, 09:35:01 PM |
|
The modern technology is much better and in that time internet cannot go down, as nowadays there are a lot of big businesses running online which are more important to us for the success and advancement of the nations.
|
|
|
|
outatime1
Sr. Member
Offline
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
|
|
July 13, 2016, 12:11:20 AM |
|
If there was no internet, there would be no bitcoin or emails or twitter, etc. Of course it would have to be a catastrophic world event for the internet to disappear and I think we would have more to worry about than bitcoin. I think the internet is here to stay for the foreseeable future.
|
|
|
|
sobsitesearch
|
|
July 13, 2016, 12:54:40 AM |
|
if the internet goes down . bitcoin forum or thread is pretty affected because if you use bitcoin you need more andmore internet connection to use it ..
Yes very affected because you can not access online and all online transactions will be disappear and all of us will do manual transaction even in the banks. And i think this are not gonna be happen instead all ISP is upgrading their services in their client because we are now facing to be digital in near future all of our transaction made in online that is why internet connection is the key for the transactions. And bitcoin community not to worry because internet is always there and it will not go down.
|
|
|
|
Posum578
|
|
July 13, 2016, 01:29:06 AM |
|
if the internet goes down . bitcoin forum or thread is pretty affected because if you use bitcoin you need more andmore internet connection to use it ..
Yes very affected because you can not access online and all online transactions will be disappear and all of us will do manual transaction even in the banks. I think we cant use bank too, cause their system will go offline and we dont know about our money We will go in the years without internet, using gold and silver as currency.
|
|
|
|
valta4065
|
|
July 13, 2016, 01:35:05 AM |
|
From what I know as long as you've got your secret phrase it doesn't matter you can restore wallet from anywhere.
So even if internet goes down... Well anytime it goes back you can check your wallet ^^
|
|
|
|
bL4nkcode
Copper Member
Legendary
Offline
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
|
|
July 13, 2016, 04:45:40 AM |
|
From what I know as long as you've got your secret phrase it doesn't matter you can restore wallet from anywhere.
So even if internet goes down... Well anytime it goes back you can check your wallet ^^
Yeah thats correct as long as you have the secret phrase to your wallet your coins are safe but if internet goes down well all transactions, confirmations are useless and even bitcoin become useles because everything happens online needs internet, obviously.
|
|
|
|
pandalion98
|
|
July 13, 2016, 06:13:57 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
If this scenario happens,all the online money like paypal funds,skrill,payza,etc... that are not withdrawn are gone.All the bitcoins in online wallets will be lost.Bitcoins in PC wallets might be preserved until the internet is restored. Oh, it will be preserved. There are multiple nuclear-protected datacenters that keep a copy of the blockchain. I forgot what they were, but you can Google them.
|
|
|
|
zodin
|
|
July 13, 2016, 06:55:28 AM |
|
i think its not possible. in present time as the world is about 70% depending on internet. so we can say that if the internet goes down it will certainly effect and disturb the whole world.
|
|
|
|
Zadicar
Legendary
Offline
Activity: 1330
Merit: 1020
|
|
July 13, 2016, 06:58:48 AM |
|
It would not only affect Bitcoin but all the transactions made throughout the world who uses Internet. The communication would be slowed down similar to previous decades or years that we would like back t Telegraph or telephone lines which would be a hassle in everyone of us. I can't imagine a world without Internet especially to these high tech generation.
|
Legendary / Hero Member | | EPSILOAN | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | |
|
|
|
Altynbekova
|
|
July 13, 2016, 07:34:42 AM |
|
i think its not possible. in present time as the world is about 70% depending on internet. so we can say that if the internet goes down it will certainly effect and disturb the whole world.
Of course it would not only effect the Bitcoin because Bitcoin is not the only thing that makes use of the internet, Internet these days is to important to get red off so it would be a problem if the internet got down.
|
|
|
|
teddy5145
|
|
July 13, 2016, 07:53:20 AM |
|
Oh, it will be preserved.
There are multiple nuclear-protected datacenters that keep a copy of the blockchain. I forgot what they were, but you can Google them.
I believe this is the news that you are looking for http://www.datasecuritynode.com/bitshares-blockchain-elects-nuclear-bunker-to-protect-against-all-threats-for-the-next-500-years/Well, this is partially a good news Now we just need to figure out on how to get a surviving Computers and Internet Connection and the most important part, the bitcoin wallet itself If we have a physical wallet chances are it will still survive the nukes, say goodbye to your coins if you have the online wallet option because most likely it will get blown up in the first place
|
|
|
|
richkellj
|
|
July 13, 2016, 08:22:30 AM |
|
if internet goes down then bitcoin also breakdown because bitcoin is totally depend on internet but i think internet can not go down because nowadays technology is much more advance in the world and internet will never goes down now in modern age .
Pretty much this is true, if internet goes down bitcoin network will collapse (we are talking about the global internet shutdown here). Furthermore in transaction like payment online or remitances, as stated, when bitcoin network collapse all the transaction will be at halt. So no remittances, even all sort of online transaction will stop. It can happen for all transactions that take place online and not only bitcoins but I do agree that if we are only depending on the crypto currency, it can be a huge problem for those who transact almost daily and cannot afford to lose on any transaction due to internet failures. Same was the case with blockchain which was down few months ago and transactions came to a halt.
|
|
|
|
Jimbola3
|
|
July 13, 2016, 09:33:38 AM |
|
i think its not possible. in present time as the world is about 70% depending on internet. so we can say that if the internet goes down it will certainly effect and disturb the whole world.
yeah well said ! if also internet goes down then its not possible to go internet down in the whole world but in some places and which can't stop peoples from using bitcoins
|
|
|
|
blackholes
Newbie
Offline
Activity: 59
Merit: 0
|
|
July 13, 2016, 12:03:36 PM |
|
If internet goes down bitcoin will probably be the least of your problems. If something taht big happens and its consequences are capable of bringing internet down on a worldwide level then I guess you should worry for other staff more than what you do for cryptocurrencies. Having said that, I believe that even in the worst case senario , since the technology behind internet is now available to all, local-small lan networks will always survive. And who knows btc could be used there.
|
|
|
|
Jimbola3
|
|
July 14, 2016, 07:40:31 AM |
|
if the internet goes down . bitcoin forum or thread is pretty affected because if you use bitcoin you need more andmore internet connection to use it ..
Yes very affected because you can not access online and all online transactions will be disappear and all of us will do manual transaction even in the banks. I think we cant use bank too, cause their system will go offline and we dont know about our money We will go in the years without internet, using gold and silver as currency. Well it can happen if a nuclear weapon blasts in the atmosphere of earth(not on land but air). And it will affect the whole world. But if you have stored btc offine in hard drive like TREZOR then you are safe and can use your btc.
|
|
|
|
kryptqnick
Legendary
Offline
Activity: 3094
Merit: 1385
Join the world-leading crypto sportsbook NOW!
|
|
July 14, 2016, 10:46:43 AM |
|
I think if the Internet went down, btc wouldn't stop existing. We'll still have it potential existence. I think it's comparable to the biological virus when it is not active in the organism. It is sort of dead but then can suddenly become alive.
|
|
|
|
Forbiddenone
|
|
July 14, 2016, 11:46:55 AM |
|
Everything mainly depend on interent,if it fails everything fails
|
|
|
|
Joel_Jantsen
Legendary
Offline
Activity: 1876
Merit: 1308
Get your game girl
|
|
July 14, 2016, 11:57:52 AM |
|
I just came here to laugh,look at all the shit posts around.Didn't expected it to be this bad.If the internet goes down,there would be no transactions at all,what would miners do? Sit idle until there is a transaction to hash ? Bitcoin network would still be alive and the coins would remain right where they were until the internet comes back. Everything mainly depend on interent,if it fails everything fails
Yes but the data doesn't,its stored on servers ,once the internet is back ,everything could be retrieved.
|
|
|
|
Strongkored
Legendary
Offline
Activity: 2772
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
|
|
July 14, 2016, 12:04:04 PM |
|
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
This questions that are very unique. I think if the internet is down, then bitcoin will not be able to operate. In other words bitcoin will not be used, because the bitcoin system using the Internet. But maybe satoshi have another idea to resolve this
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|