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Author Topic: what happens to Bitcoin if internet goes down?  (Read 2016 times)

Offline Lauda

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what happens to Bitcoin if internet goes down?
« on: January 10, 2018, 12:14:34 PM »
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

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what happens to Bitcoin if internet goes down?
« on: January 10, 2018, 12:14:34 PM »

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Offline Cordillerabit

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Re: what happens to Bitcoin if internet goes down?
« Reply #1 on: January 10, 2018, 01:53:04 PM »
bitcoin is still on the go only. bitcoin on hardware wallet will continue for transaction

Offline Dakandikid

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Re: what happens to Bitcoin if internet goes down?
« Reply #2 on: January 15, 2018, 09:14:02 PM »
So if the bitcoin isn't in a hard wallet, and the internet goes down, then it is essentially lost?

Offline masudginanjar

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Re: what happens to Bitcoin if internet goes down?
« Reply #3 on: August 18, 2018, 12:31:21 PM »
bitcoin is still on the go only. bitcoin on hardware wallet will continue for transaction

haha LOL
really true according to our friend.
Bitcoin still has a hardware wallet to be able to trade right.
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Offline rizqillah

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Re: what happens to Bitcoin if internet goes down?
« Reply #4 on: August 18, 2018, 03:56:23 PM »
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

In my opinion, I think If internet goes down , Bitcoin cannot use for transaction. It is my opinion.
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Re: what happens to Bitcoin if internet goes down?
« Reply #5 on: August 18, 2018, 04:55:25 PM »
well, let just say without the airplane or ship or a car you cant travel abroad. and one can just imagine a life without money, difficult right. bitcoin without the internet is definitely a dangerous game, if especially the individual or person has it not on a hard wallet it means you will lose everything and won't be able to trade or do any other transactions

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Re: what happens to Bitcoin if internet goes down?
« Reply #6 on: August 18, 2018, 08:21:37 PM »
bitcoin is still on the go only. bitcoin on hardware wallet will continue for transaction

haha LOL
really true according to our friend.
Bitcoin still has a hardware wallet to be able to trade right.


You'd still have to wait for the transaction to be mined, which would require an internet connection at a minimum.  If the internet was gone, cryptocurrency is pretty much useless.  The internet will never be gone though, so it's a bit of a moot point.  People would riot if it suddenly disappeared.
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Re: what happens to Bitcoin if internet goes down?
« Reply #6 on: August 18, 2018, 08:21:37 PM »


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Re: what happens to Bitcoin if internet goes down?
« Reply #7 on: August 18, 2018, 08:33:17 PM »
Bitcoin is the best of the others, bro, stay ahead because bitcoin is the leader in cryptorency, so for the future of bitcoin, it is like a storm, it continues to lead bitcoin
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Offline Cryptoz

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Re: what happens to Bitcoin if internet goes down?
« Reply #9 on: August 19, 2018, 03:45:23 AM »
I think your question seems weird. Do you think our technology cannot save the Bitcoin data? It should be any ways to save the Bitcoin. The hardware wallet or other ways can be done by many smart people around the world.

Yes, someone will save Bitcoin, altcoins, and also blockchain technology if nuclear war happens. Trillions people in this world will prevent the war, so at least I believe it will happen not in the near future.   
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Offline Doctor

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Re: what happens to Bitcoin if internet goes down?
« Reply #10 on: August 19, 2018, 04:56:51 AM »
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

I think Bitcoin cannot be used if the internet goes down. Because Bitcoin need connection for their transaction.

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Re: what happens to Bitcoin if internet goes down?
« Reply #11 on: August 20, 2018, 08:17:49 AM »
Bitcoin without the internet will not work well. This means that bitcoin trading will drop further, and bitcoin will become a waste because it has no value. Everyone will lose their money before they sell the bitcoin they have held. And this means that the crypto market is dead.
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Offline alltalk

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Re: what happens to Bitcoin if internet goes down?
« Reply #12 on: August 20, 2018, 04:05:26 PM »
Bitcoin without the internet will not work well.

If no internet, it doesn't work totally mate. But I don't think it will be a waste. Bitcoin will continue after the war.

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?

Bitcoin enthusiasts certainly never let its existence lost. In my understanding, war may destroy homes or population, but technology continues to survive as long as people alive.   

Don't think too much about this, just wasting your time discussing about something that doesn't necessarily happen.   
   
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Offline nakmantu99

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Re: what happens to Bitcoin if internet goes down?
« Reply #13 on: August 23, 2018, 11:26:59 AM »
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

If internet goes down, I think You cannot do transaction with bitcoin. It is my opinion.
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Offline dentolas

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Re: what happens to Bitcoin if internet goes down?
« Reply #14 on: August 23, 2018, 12:05:47 PM »
not sure if there is a way to transact bitcoin, probably not...
but what will happen to your fiat banking system if internet goes down... how will the servers communicate?, what about ATMs?...
these days the worls is based on internet almost as much as in electricity

 

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