plost24
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May 04, 2016, 12:46:25 PM |
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this generation can't live without internet so even if bitcoin will fall off when internet go down even this generation will fall too so don't worry bitcoin is always safe :p
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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fenican
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May 04, 2016, 01:01:14 PM |
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Physical bitcoins like Casascius coins, with a private key hidden in a difficult to counterfeit tamper proof seal, could be used.
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kik1977
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May 04, 2016, 01:10:49 PM |
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Physical bitcoins like Casascius coins, with a private key hidden in a difficult to counterfeit tamper proof seal, could be used.
Then the problem is: how can you verify it has not been spent already?
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We are like butterflies who flutter for a day and think it is forever
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iqlimasyadiqa
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May 04, 2016, 01:17:47 PM |
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bitcoin works with the Internet. and if the Internet is down or is not there then we can not do anything with our bitcoin. without internet bitcoin will not be anything. bitcoin transactions are internet intermediaries.
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btcltccoins
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May 04, 2016, 01:36:44 PM |
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this generation can't live without internet so even if bitcoin will fall off when internet go down even this generation will fall too so don't worry bitcoin is always safe :p
NO Sir, how can bitcoin will safe, when internet go down forever, so simply Bitcoin has been finished, just like all other things of internet has been finished. but new generation can't live without internet, they feel just a heart attack.
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MaritiJames3
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May 04, 2016, 01:53:32 PM |
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this generation can't live without internet so even if bitcoin will fall off when internet go down even this generation will fall too so don't worry bitcoin is always safe :p
That is true, this generation cannot life without the internet but I cannot blame because school now a days force you to make use of the internet not that it is a bad thing but it is true.
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De_Signer
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★YoBit.Net★ 350+ Coins Exchange & Dice
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May 04, 2016, 02:02:05 PM |
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Internet is quite everywhere, it's just unbelievable that it could disappear from our lives, so such questions is no more then rhetoric.
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chaser15
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Undeads.com - P2E Runner Game
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May 04, 2016, 02:21:35 PM |
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bitcoin works with the Internet. and if the Internet is down or is not there then we can not do anything with our bitcoin. without internet bitcoin will not be anything. bitcoin transactions are internet intermediaries.
That's why Banks play important roles in the scenarios like that. Those bitcoin lovers that hates bank are nothing if internet or online connection goes down. Please keep in mind for those bank haters that bitcoin and bank play big role in financial system.
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zc456
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May 04, 2016, 02:29:59 PM |
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Bitcoin won't be the only thing that'll crash if the internet goes.
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fenican
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May 04, 2016, 02:35:41 PM |
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Physical bitcoins like Casascius coins, with a private key hidden in a difficult to counterfeit tamper proof seal, could be used.
Then the problem is: how can you verify it has not been spent already? You have to obviously trust the originator of the coin and, also, the seal is tamper proof so if it has been opened that would be obvious. Counterfeiting is a potential issue so, similar to real collectible coins, probably best to use ones that are in an NGC or PCGS slab
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raphma
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May 04, 2016, 02:36:01 PM |
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If that happens, then we wait maybe is the end of the world and bitcon wont be a problem, or maybe it's "temporary"(like a war) At some point, they will restabilize the service and your bitcoins will be there(if you were holding them in the right place).
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BombayChicken
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May 04, 2016, 02:40:31 PM |
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What would you think there´s going to happen. A coin that´s based on the internet will not be removed if the internet goes down? that's such a stupid question of course will he disappear what else do you think.
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romero121
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May 04, 2016, 02:43:25 PM |
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Bitcoin won't be the only thing that'll crash if the internet goes.
As quoted not only the bitcoin, every market goes down as most were depending upon bitcoin for their advancement as well growth.
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chaser15
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May 04, 2016, 02:55:39 PM |
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Bitcoin won't be the only thing that'll crash if the internet goes.
As quoted not only the bitcoin, every market goes down as most were depending upon bitcoin for their advancement as well growth. Online remittances will not be present. So let's say there's a war like OP's thoughts how bitcoin can able to help us? Also the stock market will be affected too since no online trades can happen. This is really a worst case scenario.
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langedwig
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June 15, 2016, 06:31:41 PM |
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Lets hope it doesn't. All the work around us is fully surrounded with data which is really kept safe with internet. I am damn sure, more time and energy is spent to keep the internet active always.
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n3o111
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June 15, 2016, 07:02:02 PM |
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It is hard that internet go down. Because is something which is entering in every cell of our life. And if want to be killed in some part or in to many parts can reborn in the remaining ones. Then with the application of the peer to peer technology on its structure, is hoped that internet become much more (if not all) decentralized. If this will become true it will be almost impossible to kill it. Every part will become independent and to kill internet must be killed every computer. Very hard thing to became true.
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angaper
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June 15, 2016, 08:27:53 PM |
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Without internet it seems impossible to continue this technological system, my friend, and perhaps this is one of the most important disadvantages of bitcoin compared to material assets like gold or silver.
But this is not a huge problem of the bitcoin ecosystem. All this modern world has become totally dependent on digital technologies and all humanity will suffer in case of an unexpected Internet interruption.
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tuapoma
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June 15, 2016, 08:34:39 PM |
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The internet is indestructible, the internet is a global network as well as a cryptocurrency network or any other peer to peer network.
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naidray
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June 16, 2016, 09:20:52 AM |
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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 mayeffect the transaction if such industry implement a good power back up by generators for the continuous power supply. However I guess it could be a hard time when you can't use your BTC but it will be as good as before when everything is restored.
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langedwig
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June 17, 2016, 06:14:53 PM |
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The internet is indestructible, the internet is a global network as well as a cryptocurrency network or any other peer to peer network.
Each second adds money to all business. Hence none will allow the network either go down or completely get stopped. I am sure every one who invested depending on internet, will never let it down.
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