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Author Topic: Bad for btc and crypto generally usa nuclear attack  (Read 153 times)
325btc (OP)
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July 12, 2022, 09:26:07 AM
 #1

This is serious most of the data centers who run exchangers are in usa.
If usa get attacked by nuclear wich nyc now are prepared its end of btc for some time and crypto until the servers are back again.
Uf usa get attacked then its black out for all markets
And the btc and crypto might not even come back anymore off course if usa have not sent their data to cloud or offshore servers all ready.
Btc is in danger thats for sure
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July 12, 2022, 09:34:25 AM
Last edit: July 12, 2022, 09:49:08 AM by franky1
 #2

edited to make it more obvious clear that the paranoia scenario above is not something to worry about

firstly the whole point of 'cloud' because they have backup in different locations.
so if 38 nukes hit all amazon AWS facilities in N.virginia. thats not going to harm data. as they have backups everywhere else: EG


if USA got nuked. it only be a "whole USA" concern if THOUSANDS of nukes were strategically set to hit every area of the USA.. a single nuke would only affect a 20-50mile area.

if people were in the 'nuke zone' .. most peoples first worry is their skin pealing off their bones..
as for those not in the nuke zone, not glowing in the dark with zombie like skin conditions.. they can still use bitcoin and their local services.

there are ofcourse still the ones where people are not using 'cloud' services as a extra backup to the backup.

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
325btc (OP)
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July 12, 2022, 09:47:35 AM
 #3

if USA got nuked. most peoples first worry is their skin pealing off their bones..
as for those not in the USA, not glowing in the dark with zombie like skin conditions.. they can still use bitcoin and their local services.

but whats i just said would only be a "whole USA" concern if HUNDREDS of nukes were strategically set to hit every area of the USA.. a single nuke would only affect a 20-50mile area. which is the whole point of 'cloud' because they have backup in different locations.
Yep amazon have servers in many locations. the electric grid connects thousands of power stations. so amaerican would needs to be brutalised by nukes to get to the extreme condition you fear


Im not worry about people skin here most we are worry about are the markets assets on exchangers and prices
Does anyone has info that nyse and cmegroup has some serious off shore back up ? If so we might have only few hours outages...if not then its serious
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July 12, 2022, 09:52:45 AM
 #4

both the stock/share markets and main crypto markets all have their platform code stored across the world. where switching servers is a few second downtime.

as for the market order book(lists of asks/bids). well thats more of a single server locations for reliable order matching at high speed. which means if that server was down. then the orders disappear. meaning an orderbook would be frozen/locked until its rebuilt on another server. which could be minutes(this is called a circuit breaker feature)

those that design market platforms have already planned in these redundancies. these big markets dont employe script kiddies making their first website. they have teams of people thinking up all possible vulnerabilities all the time

as for the effect of a nuke
its the human investors fear of nukes and a human emotion about real world doomsday which has more chance of affecting the price for weeks,(panic trading).. rather than an actual nuke striking a server facility breaking the market platform for weeks

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
325btc (OP)
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July 12, 2022, 10:02:10 AM
 #5

both the stock/share markets and main crypto markets all have their platform code stored across the world. where switching servers is a few second downtime.

as for the market order book(lists of asks/bids). well thats more of a single server locations for reliable order matching at high speed. which means if that server was down. then the orders disappear. meaning an orderbook would be frozen/locked until its rebuilt on another server. which could be minutes(this is called a circuit breaker feature)

those that design market platforms have already planned in these redundancies. these big markets dont employe script kiddies making their first website. they have teams of people thinking up all possible vulnerabilities all the time

as for the effect of a nuke
its the human investors fear of nukes and a human emotion about real world doomsday which has more chance of affecting the price for weeks,(panic trading).. rather than an actual nuke striking a server facility breaking the market platform for weeks

Also a lot waall street and retail capital willl out or dissconnected from the other world the usa capital missing from the markets its huge it can easily make market crash 80-90%
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July 12, 2022, 10:13:00 AM
 #6

Are you seriously expecting that in the middle of a NUCLEAR ATTACK the Stock Market is still running and booming?  Seriously.  Just think about it.  If a nuke exploded in the middle of the United States, there are SO MANY things to prioritize before even thinking about money and assets!  Because first and foremost, as soon as US gets nuked, the greatest asset you will have under immense risk is your life!

You are afraid the market will crash if US gets nuked?  The market will crash with or without NYSE going down.  That is pure common sense.  If a nuclear war erupts, nobody is going to care about hyping Doge Coin, Bitcoin or Gold.  Look at the market charts back when the war began between Russia and Ukraine and remember there were no black outs at the time.  You will get a very small glimpse of what would happen to the markets if a nuclear war erupts.

But back to your question, to be completely honest with you, I do not have high expectations when it comes to institutions doing backups and all of that.  I have no expectations when it comes to them saving me because if we ever get to live the hard times, we will most likely be solely on our own.  The US likely has backups of everything in extremely secure areas such as underground servers and as franky1 interestingly pointed out, one website's black out does not necessarily mean the website and all its data base are forever gone IF the website was backed up in multiple areas around the world.  And since most websites are nowadays running on Amazon Web's Services, I would imagine many of them will be easy to restore.  The problem is how do you ensure full functionality of a website if the website owner's headquarters get fully wrecked and turned into dust by a full out nuke war.

I imagine that, before a nuke actually happens, there are less life threatening events that could happen and put Bitcoin under risk.  For example, cyber attacks.  Internet wise, these might be able to do more damage than a nuke would if the hacker(s) get to launch a full scale cyber attack which could possibly even turn off the Internet at a national scale in smaller countries.  Maybe even US, but I imagine the internet United States has does not have just one single point of failure.

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Regards,
PrivacyG

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livingfree
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July 12, 2022, 10:14:03 AM
 #7

And the btc and crypto might not even come back anymore off course if usa have not sent their data to cloud or offshore servers all ready.
Btc is in danger thats for sure
Are you sure about that? You're talking about data and exchanges then they'll be the one to suffer if that scenario comes. But if you're talking about the whole blockchain and crypto market to be stopped?

I don't think so that it'll stop. Btc transactions will stop because of it? No. Because miners are everywhere.

It's going to keep going and as shown by franky, there are too many cloud servers and data centers that are in many parts of the world.

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tadamichi
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July 12, 2022, 10:16:22 AM
 #8

If someone nukes the U.S do you think you can still sit here and comfortably trade on the market? Maybe think about what would happen after someone nukes the U.S first, and what their allies would have to do. The world is not an isolated place, 1 nuke will affect the whole world, as it would mean everyone starts nuking each other.

If you’re in some isolated place where it won’t matter, then it’s a place where markets don’t matter too. Also Bitcoin is a worldwide Peer-to-Peer network, it’s not exclusively run by data centers. In a post apocalyptic world money won’t matter in the first place, it will be about survival and finding resources. So don’t even get the idea that some apocalyptic events would smh play into your favour.

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325btc (OP)
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July 12, 2022, 10:18:13 AM
 #9

Are you seriously expecting that in the middle of a NUCLEAR ATTACK the Stock Market is still running and booming?  Seriously.  Just think about it.  If a nuke exploded in the middle of the United States, there are SO MANY things to prioritize before even thinking about money and assets!  Because first and foremost, as soon as US gets nuked, the greatest asset you will have under immense risk is your life!

You are afraid the market will crash if US gets nuked?  The market will crash with or without NYSE going down.  That is pure common sense.  If a nuclear war erupts, nobody is going to care about hyping Doge Coin, Bitcoin or Gold.  Look at the market charts back when the war began between Russia and Ukraine and remember there were no black outs at the time.  You will get a very small glimpse of what would happen to the markets if a nuclear war erupts.

But back to your question, to be completely honest with you, I do not have high expectations when it comes to institutions doing backups and all of that.  I have no expectations when it comes to them saving me because if we ever get to live the hard times, we will most likely be solely on our own.  The US likely has backups of everything in extremely secure areas such as underground servers and as franky1 interestingly pointed out, one website's black out does not necessarily mean the website and all its data base are forever gone IF the website was backed up in multiple areas around the world.  And since most websites are nowadays running on Amazon Web's Services, I would imagine many of them will be easy to restore.  The problem is how do you ensure full functionality of a website if the website owner's headquarters get fully wrecked and turned into dust by a full out nuke war.

I imagine that, before a nuke actually happens, there are less life threatening events that could happen and put Bitcoin under risk.  For example, cyber attacks.  Internet wise, these might be able to do more damage than a nuke would if the hacker(s) get to launch a full scale cyber attack which could possibly even turn off the Internet at a national scale in smaller countries.  Maybe even US, but I imagine the internet United States has does not have just one single point of failure.

-
Regards,
PrivacyG


It will be a lot financial losses...someone need to take responsebility its a same as stealing.
But where is the usa most influencial people now ?
What i know the pelozi just traveled to italy but what about other ones ?
Also from the skyscanner we could see if there is private flight out flights then we could expecting its serious becouse elite rulers never stay in danger until we dont see donald trump and some wall street people to escaping we know there is no reason for panic.
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July 12, 2022, 01:02:11 PM
 #10

This is serious most of the data centers who run exchangers are in usa.
Exchangers do their business and what we do care about is Bitcoin network. Fortunately, Bitcoin is decentralized and many nodes around the world so even if all nodes in the USA are broken by nuclear attack ie. Bitcoin network will still be fine. Blockchain data is safe and stored in other nodes.

Quote
And the btc and crypto might not even come back anymore off course if usa have not sent their data to cloud or offshore servers all ready.
Btc is in danger thats for sure
If a nuclear war happens, the whole world will be in serious crisis, not only crypto or Bitcoin market. Don't talk about Bitcoin only in that scenario.

I don't discuss about nuclear war because it will be like the end of human civilization. I would like to discuss about any other reason that causes all nodes in one country are disabled. Bitcoin network will be able to adjust its difficulty after each 2016 block (that is around 14 days). After a few difficult retargets, network will be able to run normally again. No worry.

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325btc (OP)
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July 12, 2022, 01:31:11 PM
 #11

This is serious most of the data centers who run exchangers are in usa.
Exchangers do their business and what we do care about is Bitcoin network. Fortunately, Bitcoin is decentralized and many nodes around the world so even if all nodes in the USA are broken by nuclear attack ie. Bitcoin network will still be fine. Blockchain data is safe and stored in other nodes.

Quote
And the btc and crypto might not even come back anymore off course if usa have not sent their data to cloud or offshore servers all ready.
Btc is in danger thats for sure
If a nuclear war happens, the whole world will be in serious crisis, not only crypto or Bitcoin market. Don't talk about Bitcoin only in that scenario.

I don't discuss about nuclear war because it will be like the end of human civilization. I would like to discuss about any other reason that causes all nodes in one country are disabled. Bitcoin network will be able to adjust its difficulty after each 2016 block (that is around 14 days). After a few difficult retargets, network will be able to run normally again. No worry.


Until btc price depends on exchangers then the price issue is related to usa data centers.
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July 12, 2022, 11:53:34 PM
 #12

And the btc and crypto might not even come back anymore off course if usa have not sent their data to cloud or offshore servers all ready.
Btc is in danger thats for sure
You are kidding… Right?

How does an exchange's operation directly affect the Bitcoin network?
If even 50% of the exchanges got wiped off, would the Bitcoin network pause/die and "never come back"?
Because that's what your statement suggest

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