empoweoqwj
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December 16, 2013, 02:28:27 AM |
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when 1 Bitcoin equals $10,000 a Satoshi hits Indonesian Rupiah Parity
$10000 is a psychological milestone by itself. There is no need for any more references for its price if it reaches that level. Cool notice though When/ IF, BTC ever hits 10k, we all gonna die. You mean because such a rise will cause a physical effect that will wipe out life from earth? A digital apocalypse is more likely. Like suddenly, with such price it disappears to thin air, crippling the whole economy. Something that will wipe all digital data from earth. Maybe we should start printing out the chain Not sure how many of you have heard about EMP ( Electro Magnetic Pulse) Every 11 years approximately, sun changes its poles. Sun eruption sends a lot of energy, which affects our magnetic fields. That can cause electricity loss on our planet. Most of electric devices, including PCs, will become dysfunctional. Yep, heard of it, but if it happens every 11 years, why didn't everything stop working within the last 11 years? Because the EMP wasn't that strong. I can't remember, but I've read somewhere, ~100 years ago, a big wave of EMP hit earth and knocked everything off. Imagine a world without electricity. Nukes flying everywhere, anarchy everywhere. Who will think of bitcoins then? : ) Check this article, http://www.washingtonsblog.com/2013/08/2-weeks-ago-a-huge-solar-flare-almost-knocked-out-power-nationwide-which-could-have-caused-nuclear-meltdowns-from-coast-to-coast.html"The EMP effect is not rare. One occurred in Canada in 1989, knocking out Quebec’s electric transmission system." "Knocked everything off" for how long? People have backup power facilities as well. Not sure we were quite at that stage 100 years ago
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Hideyoshi
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December 16, 2013, 02:43:46 AM |
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Wile electricity is down, bitcoin will not work, but neither will banks, or any other financial systems.
Cash will work, but if electricity will not be up for weeks, I dont expect the trade will work flawesly, so you will probably not be able to buy food with these papers Also, nobody carries cash any more, and ATMs will not work either.
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empoweoqwj
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December 16, 2013, 02:48:52 AM |
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The end is nigh!!!!!!!!!!!!
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KeyserSozeMC
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December 16, 2013, 03:16:40 AM |
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Nukes need electricity to be launched. You probably mean nuclear meltdown at nuclear power plants, because then need electricity to keep control of the core. That is bigger problem than bitcoin. Bitcoin will not be affected much, because EMP only affects side facing the sun. Night time side has no EMP, so bitcoin will continue to work there. And electricity will be restored within a few days. Wile electricity is down, bitcoin will not work, but neither will banks, or any other financial systems.
There are generators special made for such occasions. They don't need electricity in the form we know it today : ) They produce electricity with atomic energy
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Hey, smexy. Don't waste your time. Time's precious.
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pand70
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December 16, 2013, 10:02:25 AM |
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Well the day that an emp of a massive solar flare hit earth i 'll just use fiat to buy a newspaper and read the news
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empoweoqwj
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December 16, 2013, 11:46:16 AM |
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Well the day that an emp of a massive solar flare hit earth i 'll just use fiat to buy a newspaper and read the news What fiat? What newspaper?
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KeyserSozeMC
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December 16, 2013, 01:26:38 PM |
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Well the day that an emp of a massive solar flare hit earth i 'll just use fiat to buy a newspaper and read the news There wont be newspaper, since the machines which make them wont work Money will be dangerous to trade, since there's gonna be chaos -if- it lasts more than 1 day. None will be able to get informed about what's happening, so.. Yeah, read newspaper
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Hey, smexy. Don't waste your time. Time's precious.
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raybtc
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December 19, 2013, 05:22:34 AM |
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OMG half the insane crap on this post.....
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stompix
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Leading Crypto Sports Betting & Casino Platform
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December 19, 2013, 07:57:44 AM |
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Well the day that an emp of a massive solar flare hit earth i 'll just use fiat to buy a newspaper and read the news There wont be newspaper, since the machines which make them wont work Money will be dangerous to trade, since there's gonna be chaos -if- it lasts more than 1 day. None will be able to get informed about what's happening, so.. Yeah, read newspaper You know , when I first went with girls out I couldn't ask about their cell phone number , cause they didn't have one Nor about e-mail or fb account. How the hell did I speak and keep in touch with them , I wonder ))
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empoweoqwj
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December 19, 2013, 09:00:56 AM |
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OMG half the insane crap on this post..... Only half ?
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faninasir
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May 13, 2014, 07:11:08 AM |
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if it falls by 99% in june i'm still going to buy them
too bad all my fiat is already in btc though.
good for those who didnt buy it when it was cheap ,, great opportunity for guys like me to get our hands on more cheap bitcoins ,, and to get rich when the rate rises again
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