Bitcoin Forum
November 09, 2024, 08:33:07 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 »
  Print  
Author Topic: what happens to Bitcoin if internet goes down?  (Read 34308 times)
BTCBinary
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
March 22, 2016, 04:09:06 PM
 #201

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
Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
March 22, 2016, 04:47:58 PM
 #202

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!

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.
vero
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 22, 2016, 04:56:07 PM
 #203

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..

randy8777
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
March 22, 2016, 05:19:19 PM
 #204

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.
jack1111
Hero Member
*****
Offline Offline

Activity: 924
Merit: 500


View Profile
March 22, 2016, 05:22:01 PM
 #205

I don't know , but I think that bitcoin is related to internet so if internet goes down , bitcoin network will not work again .
Dr.Osh
Legendary
*
Offline Offline

Activity: 2814
Merit: 1004


Buzz App - Spin wheel, farm rewards


View Profile
March 22, 2016, 05:23:56 PM
 #206

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

█████████████▄██▀███▄██
██▄▄███▄███▄█▄▄▄▄▄█▀
█████████████████▄
████████████████████
███████▄▀████████▄█
▀▀▀█████▀███▀█▄▄▄▄██
████████▀███████████
███████████████████▀
█████████████████
█████▄▄██████████████▄
███████████████
████████████████░░▀▀
████████▀▀▀▄▄███▀


███████████
█████████████
██████░██████░█████░░█████░████████████░████████████
██████░██████░█████░░█████░████████████░████████████
███████████░░░█████░░█████░▀▀▀▀███████░░▀▀▀▀███████
██████░██████░█████░░█████░░░███████░░░░░░███████
██████░██████░█████░░█████░███████░░░░░░███████
█████████████░████████████░████████████░████████████
███████████░░░░░██████████░████████████░████████████
▀▀▀▀▀▀▀▀▀▀▀░░░░░▀▀▀▀▀▀▀▀▀▀░▀▀▀▀▀▀▀▀▀▀▀▀░▀▀▀▀▀▀▀▀▀▀▀▀
 
tiggytomb
Legendary
*
Offline Offline

Activity: 1848
Merit: 1000


View Profile
March 22, 2016, 05:40:42 PM
 #207

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.


relq
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
March 22, 2016, 05:44:39 PM
 #208

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.
Zeke2345
Member
**
Offline Offline

Activity: 98
Merit: 10

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
March 22, 2016, 08:11:03 PM
 #209

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?

██████████    YoBit.net - Cryptocurrency Exchange - Over 350 coins
█████████    <<  ● $$$ - $$$ - $$$ - $$$ - $$$ - $$$ - $$$   >>
██████████    <<  ● Play DICE! Win 1-5 btc just for 5 mins!  >>
bargainbin
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
March 22, 2016, 08:24:21 PM
 #210

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.
praprata
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
March 22, 2016, 08:49:46 PM
 #211

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.


                ,╓▄▄▄▄▄▄▄▄▄╓                 
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,         
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖       
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌     
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,   
   ▐███ ▐███ .███           ███  ███▌ ███▌   
   ▐███ ▐███ '███           ███  ███▌ ███▌   
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`   
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████     
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜       
         ╙█████▄▄╓,       ,╓▄▄█████▀         
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin |  Trustless Anonymous Cryptocurrency |  PoSA3
Forum | Bitcointalk | Twitter | Slack |  Facebook |  VK |  Reddit |  CloakTV |  Instagram |  IRC-Chat |  Faucet
mixan
Legendary
*
Offline Offline

Activity: 966
Merit: 1000


TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!


View Profile
March 22, 2016, 08:57:46 PM
 #212

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  Cheesy

The parasite hates three things: free markets, free will, and free men.
angaper
Hero Member
*****
Offline Offline

Activity: 966
Merit: 507



View Profile
March 22, 2016, 09:17:11 PM
 #213

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.  Smiley
ronaldinho_07
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
March 22, 2016, 09:55:31 PM
 #214

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?
yenxz
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
March 22, 2016, 10:14:35 PM
 #215

Of course if internet goes down, Bitcoin will also down,and bitcoin will stuck on wallet,and people loat their mind Grin
MaritiJames3
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
March 22, 2016, 10:30:17 PM
 #216

Of course if internet goes down, Bitcoin will also down,and bitcoin will stuck on wallet,and people loat their mind Grin

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..
mikehersh2
Sr. Member
****
Offline Offline

Activity: 462
Merit: 273



View Profile
March 23, 2016, 01:40:09 AM
 #217

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.

        ▄▀▀▀▀▀▀   ▄▄
    ▄  ▄▄▀▀▀▀▀▀▀▀▀▄▄▀▀▄
  ▄▀▄▀▀             ▀▀▄▀
 ▄▀▄▀         ▄       ▀▄
  ▄▀         ███       ▀▄▀▄
▄ █   ▀████▄▄███▄       █ █
█ █     ▀▀▀███████▄▄▄▄  █ █
█ █       ██████████▀   █ ▀
▀▄▀▄       ▀▀█████▀    ▄▀
   ▀▄        ▐██▄     ▄▀▄▀
  ▀▄▀▄▄       ███▄  ▄▄▀▄▀
    ▀▄▄▀▀▄▄▄▄▄████▀▀ ▄▀
       ▀   ▄▄▄▄▄▄▄

        ▄     ▀
         █ ▄▀
   ▄▀     █    ▄▀
  ▄   ▄▄  ██▄▄▀
 ▀      ▀▄▄██   ▄ ▄▄▀▀

          ▀██ ▄▀▀▀▄ ▀▄
           ███▀
 ▀▄
  ▄  ▀▄ ██▌  ▀▄
    ▀  ▄  ▐██
    ▄
   ▐██      ▄
     ▀
   ▄███▌ ▄▄   ▀
  ▄▄
▄▄ ▄█████▄ ▄▄ ▄▄
P L A Y   S L O T S   o n     
CRYPTO'S FASTEST
GROWING CASINO
★ ‎‎
‎ ★
UP
TO
15%CASH BACK
EVERY SPIN

‎ ★
       ▄▄██████▄▄▄
      ██▄▄▀▀█▀▀
     ████▄▀▀▄██▀
     ▄▀▀▄▄▄██▀
    ▀  ▀▀▀▀▀
             ▄▄▄▄▄▄▄
          ▄███▄▄▄████▄  ▄▄▀
        ▄████████▀▀▀█▄▀▀
     ▄███▀▀▄▄██▄▄▀▀█████
 ▄▄████▄▄▄▄▄▄▀▀████████
▀▀██▀▀▀▄▀███████▄▀████
   ▀▀██████████████▀
       ▀▀▀███████▀▀
█▀▀▀▀▀▀▀











█▄▄▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀▀▀█











▄▄▄▄▄▄▄█
kuntulu
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 23, 2016, 06:11:13 AM
 #218

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.
ASHLIUSZ
Hero Member
*****
Offline Offline

Activity: 994
Merit: 502



View Profile
March 23, 2016, 06:15:05 AM
 #219

if internet goes down, sure bitcoin too goes down...
GamingBro
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
March 23, 2016, 06:00:30 PM
 #220

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.

Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!