BTCBinary
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March 22, 2016, 04:09:06 PM |
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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
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Herbert2020
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March 22, 2016, 04:47:58 PM |
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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!
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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vero
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March 22, 2016, 04:56:07 PM |
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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..
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randy8777
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March 22, 2016, 05:19:19 PM |
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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..
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.
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jack1111
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March 22, 2016, 05:22:01 PM |
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I don't know , but I think that bitcoin is related to internet so if internet goes down , bitcoin network will not work again .
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Dr.Osh
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March 22, 2016, 05:23:56 PM |
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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
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tiggytomb
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March 22, 2016, 05:40:42 PM |
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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.
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relq
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March 22, 2016, 05:44:39 PM |
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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.
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Zeke2345
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March 22, 2016, 08:11:03 PM |
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Bitcoin will go dormant till the internet is brought back online and will build up just like every other commodity as the world gets its bearing. Seems like a odd question to pose,to me it seems obvious like asking what happens when I turn out the lights?
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bargainbin
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March 22, 2016, 08:24:21 PM |
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Bitcoin will go dormant till the internet is brought back online and will build up just like every other commodity as the world gets its bearing. Seems like a odd question to pose,to me it seems obvious like asking what happens when I turn out the lights?
Not quite. Since the internet won't be brought back up simultaneously everywhere, the first miners to go online will have the option of 51% attack/doublespend/fork/etc., etc.
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praprata
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March 22, 2016, 08:49:46 PM |
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It would be very bad for the bitcoin because than the bitcoin is worthless like other currency's of course. It would destroy the bitcoin for sure without no doubts about that.
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mixan
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March 22, 2016, 08:57:46 PM |
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The internet is disaster proof since it was initiated by Al Gore in the 70's and created by Army to survive aftr a nuclear blast. So I don't think it can be brought down that easily
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The parasite hates three things: free markets, free will, and free men.
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angaper
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March 22, 2016, 09:17:11 PM |
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This is one of the most important disadvantages of technologies based 100% on Internet connection, and taking into account the realistic possibilities of potential disasters of this nature, bitcoin and all cryptos would fail to survive to these apocalyptic scenarios, but fortunately people would become more supportive and cooperative to survive.
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ronaldinho_07
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March 22, 2016, 09:55:31 PM |
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I doubt another war would happen because all knows the damage they may cause to the world,soo they can kill humanity with nuclear arms.Soo the last thing you would thing if that happen would be at internet,bitcoin,or any other way you would be scared to sleep and either to be alive.Bitcoin would be frozen i wouldnt say dead because after the war who survive can restore the internet ,the thing is who will be alive of the bitcoin holders?
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yenxz
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March 22, 2016, 10:14:35 PM |
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Of course if internet goes down, Bitcoin will also down,and bitcoin will stuck on wallet,and people loat their mind
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MaritiJames3
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March 22, 2016, 10:30:17 PM |
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Of course if internet goes down, Bitcoin will also down,and bitcoin will stuck on wallet,and people loat their mind Yes everything will go down, so the bitcoin will also go down no doubts about that but the other currency will also be down. Alot is going threw the online things, like stockings and they will also be down so everything will be down..
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mikehersh2
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March 23, 2016, 01:40:09 AM |
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Bitcoin relies on the internet, and the power of computers around the world to power the transactions and iner-workings of the BTC. If the internet "goes down", there will be nothing left to power the whole BTC process, causing it to breakdown.
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kuntulu
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March 23, 2016, 06:11:13 AM |
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Bitcoin relies on the internet, and the power of computers around the world to power the transactions and iner-workings of the BTC. If the internet "goes down", there will be nothing left to power the whole BTC process, causing it to breakdown.
internet is available in certain locations of the world, you wouldn't be thinking about bitcoin if there was a nuclear war going on. You would just stop all the trading and whatever transactions you could make with internet. Once something happens that depends on life or death, money and bitcoin doesn't mean anything anymore.
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ASHLIUSZ
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March 23, 2016, 06:15:05 AM |
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if internet goes down, sure bitcoin too goes down...
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GamingBro
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March 23, 2016, 06:00:30 PM |
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What happens? I really don't know but at my opinion bitcoin will be destroyed cause nobody will mine, trade and also it's not smth material so i guess bitcoin will dissapere.
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