What would happen to bitcoin if electricity shuts down for 3 months? | |
Moon&Stars User ID: 29184782 United States 05/16/2019 05:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72957751 United States 05/16/2019 05:07 AM Report Abusive Post Report Copyright Violation | |
Doommincus Maximus User ID: 77363188 New Zealand 05/16/2019 05:10 AM Report Abusive Post Report Copyright Violation | Mining is only required to verify/move transactions, as long a 1 copy of the BTC ledger is safe Bitcoin is safe Last Edited by Doommincus Maximus on 05/16/2019 05:10 AM Stand up for what you believe in, even if you stand alone. |
Anonymous Coward User ID: 75455534 United Kingdom 05/16/2019 05:10 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73649866 United States 05/16/2019 05:42 AM Report Abusive Post Report Copyright Violation | Would it die or continue mining after world power gets on? I don't really know technical aspects. Quoting: Anonymous Coward 76059362 yeah it would resume mining transactions as normal afterward. the better question is what would happen to you & me. the NWO wants everyone to be dependent on the grid. 5g, smartphones, alexas, cashless currency, ... microchip implants so that you'll basically die if they pull the plug on you. which they are totally planning to do. |
~Blue Spirit~ Observing... User ID: 43720204 United Kingdom 05/16/2019 06:08 AM Report Abusive Post Report Copyright Violation | Would it die or continue mining after world power gets on? I don't really know technical aspects. Quoting: Anonymous Coward 76059362 What would happen to EVERYTHING if electricity shuts down for 3 months? Bitcoin would be the least of problems! True :-).. yep.. ^^^^^^^^^ THIS!.. ~Blue Spirit~ |
Kilroywashere User ID: 77592269 United States 05/16/2019 06:46 AM Report Abusive Post Report Copyright Violation | Would it die or continue mining after world power gets on? I don't really know technical aspects. Quoting: Anonymous Coward 76059362 What would happen to EVERYTHING if electricity shuts down for 3 months? Bitcoin would be the least of problems! LOL....he's worrying about shitcoin and he most likely would be dead in 3 months....fuckin" millennials.....learn to do change for a dollar in your head first.... Last Edited by Kilroywashere on 05/16/2019 06:47 AM All for one, and one for all. E2=AN "Never, ever die kneeling". Kilroy Are you a Good Soul or a Bad Soul? Remember..we are all born into this world an animal...and then taught to be human. The kind of human is the important part. race color creed should have nothing to do with it. Kilroy |
the one User ID: 77652650 United States 05/16/2019 07:18 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76856461 Canada 05/16/2019 07:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77222135 United Kingdom 05/16/2019 07:23 AM Report Abusive Post Report Copyright Violation | Mining is only required to verify/move transactions, as long a 1 copy of the BTC ledger is safe Bitcoin is safe Quoting: Doommincus Maximus Guess where all of those copies are.. You do understand that I can Mandela effect them don't you? Do you understand the implications of posting this shit around someone who can make reality change? Not to mention money isn't one of my favorite things because I have 0. |
Anonymous Coward User ID: 69987138 United States 05/16/2019 07:25 AM Report Abusive Post Report Copyright Violation | The ledger lives on disk, the electricity worldwide goes out then the machines validating transactions go out and ledger remains on the disk. Once the electricity comes back on and the machines come back online the validation of transactions resume |
Anonymous Coward User ID: 77222135 United Kingdom 05/16/2019 07:29 AM Report Abusive Post Report Copyright Violation | The ledger lives on disk, the electricity worldwide goes out then the machines validating transactions go out and ledger remains on the disk. Once the electricity comes back on and the machines come back online the validation of transactions resume Quoting: Anonymous Coward 69987138 This reality and the other one exist inside of my head. One has a model and the other one does not. You and I are in fact lost inside the Tupperware program right now because I made sure not to bring any pertinent info into this damn house of mirror shithole that I accidentally made. I can make anything I want happen here by asking it to. It's like magic or some shit. Just get your money out of my sight or you will regret it. |
Anonymous Coward User ID: 76335367 Canada 05/16/2019 07:35 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77441624 United States 05/16/2019 08:25 AM Report Abusive Post Report Copyright Violation | It would be there but no way to access it. No different than cash. We will all start with nothing. If you had a coin in your hand then it would be different. A bird in the hand is worth 2 in the bush. That's why I only buy physical Bitcoin. A guy down the street sells it. |
Anonymous Coward User ID: 76127182 United States 05/16/2019 08:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77643023 United States 05/16/2019 08:29 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77539625 United States 05/16/2019 08:30 AM Report Abusive Post Report Copyright Violation | major power out for 90 days??? money and bitcoin will be worthless within 3 days anarchy will be in most major cities, death, rape, riots... least of worries is man how is my BTC doing today? you won't know anyway, no power dumbass lol why gold and silver is ideal, it will always have value, no matter |
ANNONYMOUS User ID: 66223473 United States 05/16/2019 08:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76099633 Mongolia 05/16/2019 11:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 28763125 United States 05/16/2019 11:17 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 28763125 United States 05/16/2019 11:18 AM Report Abusive Post Report Copyright Violation | It would be there but no way to access it. No different than cash. We will all start with nothing. If you had a coin in your hand then it would be different. A bird in the hand is worth 2 in the bush. you would still have your BTC and could transfer it too! as long as in is in cold storage. |
Anonymous Coward User ID: 2226485 United States 05/16/2019 11:19 AM Report Abusive Post Report Copyright Violation | |
southern man User ID: 1685967 United States 05/16/2019 12:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 22035164 Canada 05/16/2019 04:52 PM Report Abusive Post Report Copyright Violation | Would it die or continue mining after world power gets on? I don't really know technical aspects. Quoting: Anonymous Coward 76059362 Bitcoin is independant of the internet. The primary means of securing your bitcoin is by storing it on a "Cold Wallet". The purpose of having a cold wallet is to store your bitcoin off the internet. It's still stored on the blockchain, which means there is an impermeable trace as to where the bitcoin lie. |
The Alleviated Intransigent User ID: 77645987 Canada 05/16/2019 04:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 22035164 Canada 05/16/2019 05:06 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77645987 Canada 05/16/2019 05:14 PM Report Abusive Post Report Copyright Violation | Reason #1 why not to get involved in online currency. Quoting: The Alleviated Intransigent 77645987 In fact, its the only reason. You don;t know how it works if you're saying that I do know about power and electricity, and what happens when it goes out. ( and it will, long term) |
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anonymous coward User ID: 76076258 United States 05/18/2019 02:13 PM Report Abusive Post Report Copyright Violation | |