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Author Topic: what happens to Bitcoin if internet goes down?  (Read 34252 times)
carlisle1
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January 30, 2018, 08:13:39 AM
 #901

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
the world lives billion years without bitcoin and internet so i see no problem when the internet breaks down..what bothers me is the funds i invested in bitcoin.it would be gone for nothing,i hope before this things happen i can withdraw my investments before that phenomenon happens
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Jaemouns
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January 30, 2018, 08:32:00 AM
 #902

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

If this will happen not only bitcoin will down but also with us who participating on online business.But i know it will never been happening because many people supporting online business specially in bitcoin cryptocurrency.We hope that nuclear war will be stop and will never be happened because not only mobile internet will be down but also the lifes of all people.
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January 30, 2018, 08:36:12 AM
 #903

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
Maybe that can be a downside of digital currency,  bitciin together with the otger crypto are hard to process when we lack technology,  mainly, internet.  If we still want to process bitcoin or trade it,  we should find an alternative solution if the internet goes down
TonyChikago
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January 30, 2018, 09:27:43 AM
 #904

How to use Bitcoin without the Internet? Is there any scenario for which the Internet will not be?
In my opinion, this will never happen.
Bitcoin can only fall if interest in it falls. While this is not observed)))
xiaowu55
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January 30, 2018, 09:31:38 AM
 #905

If the Internet breaks down completely.
Then bitcoin will disappear.
Because bitcoin lives on the Internet.
Haley craft
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January 30, 2018, 09:34:49 AM
 #906

I think, then bitcoin will disappear.
Then you need to bring your equipment to the Internet where you can normally transfer BTC.

mixelalex
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January 30, 2018, 09:37:21 AM
 #907

If there is a war, then any money is depreciated. More importantly, food, clothing, gold. In addition, now I think bitcoin is a fragile investment. Yes, it can grow, but it can also become nothing. Therefore, it is important to make part of the profit material.
Anna567
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January 30, 2018, 09:44:32 AM
 #908

After the collapse of the network, you can choose to face to face transactions, this is a safer choice.
katarin2030
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January 30, 2018, 09:45:53 AM
 #909

I think, then bitcoin will disappear.
Then you need to bring your equipment to the Internet where you can normally transfer BTC.
If interest goes down in the use of bitcoin, then automatically it's users goes down, that will result in decrease in the demand of the bitcoin coins that is directly related to the price of the bitcoin and all these are inter related that's how it affects the bitcoin.
Arumi.Bilqis
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January 30, 2018, 09:51:04 AM
 #910

this will be a big problem for us because without the internet the system can not work and all will end but is it possible because the internet already has good power so will stay alive, but if really happened then we will not be able to do anything Huh Huh
desklamp
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January 30, 2018, 10:02:13 AM
 #911

When having a bitcoin you are required to have a online wallet, and when using bitcoin you need a internet so you can browse what are the value of bitcoin, the updates when you are trading, mining and others. You can access in bitcoin by using internet, if the internet goes down it has a possibility that the bitcoin will fall down.
think3214
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January 30, 2018, 10:03:41 AM
 #912

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
It is terrible if there is no internet in the world. If there is no internet in the world then every bitcoin transaction will stop. bitcoin will lose everything, everyone will lose all capital. I dare not think of this. Besides bitcoin, if the world does not have internet, the economy will stagnate. the world can not grow.
spiritguardcharles
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January 30, 2018, 11:15:57 AM
 #913

It'll will definitely goes down as well as the internet.Why?It is because bitcoin is a digital currency which does'nt have any physical form or an intangible and we all know that most of the transaction done with the use of btc requires the presence of internet since it's an medium of communication for traders.So without internet,it's impossible for the dealer and buyer to exchange goods.Moreover,the payment is automatically credited to our online wallet.So if there's no internet connection,we will not received our money

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chikading2016
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January 30, 2018, 11:32:23 AM
 #914

That will be a big mist to bitcoin users and bitcoin around the world. It will gonna be a big problem, we all know bitcoin is a digital currency that relay on the internet connection. This might be a big disaster to bitcoin world and to all have connection to internet world.

ranz_18
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January 30, 2018, 12:10:26 PM
 #915

I think its a game over if internet goes down. As we all know bitcoin is a digital currency and it always rely on internet connection. In short, bitcoin is no longer accessible if the internet connection in world shutting down. Probably the end of bitcoin story if this things will going to happen.
Coinlovertoo
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January 30, 2018, 12:15:55 PM
 #916

Internet is one of the life of bitcoin.
If the internet is shutdown.. Bitcoin is useless.. We have no connection .
klser
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January 30, 2018, 04:20:39 PM
 #917

 I think that bitcoin is related to internet so if internet goes down , bitcoin network will not work again . It will be a big problem for us because without the internet the system can not work.
Rascar Capac
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January 30, 2018, 09:11:20 PM
 #918

Bitcoin will goes down also becuase bitcoin has no physical appearrance. But if they invented a physical wallet and the device that can transfer bitcoin without internet bitcoin will not dissappear
BlackBeauty
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January 30, 2018, 09:24:42 PM
 #919

Bitcoin will goes down also becuase bitcoin has no physical appearrance. But if they invented a physical wallet and the device that can transfer bitcoin without internet bitcoin will not dissappear
Yes bitcoin will without internet go down and any person will never get extra beneficial, so it is very necessary that internet is provide to everyone rather they join bitcoin and earn much more money.
Ronaldcoin2017
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January 30, 2018, 09:31:23 PM
 #920

Bitcoin will goes down also becuase bitcoin has no physical appearrance. But if they invented a physical wallet and the device that can transfer bitcoin without internet bitcoin will not dissappear
Yes bitcoin will without internet go down and any person will never get extra beneficial, so it is very necessary that internet is provide to everyone rather they join bitcoin and earn much more money.
Yes i agree on that bitcoin really depend on the internet so then if the internet will go down the bitcoin will also down.But the question there is.Is it possible that the internet will be shutdown? If we put basis the usage and the popularity of the internet that even the government transaction and any other works really depend on it,i believe this internet will not going to shutdown it is verry usefull and it helps a lot to the economy it contributed a different helps to make work verry fluent and become more simple.
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