If we are talking about a temporary shutdown of the internet, like 24 hours as you said, I think there wouldn't be much happening in the market when the internet goes away because no one will have access to their assets or the markets, and things will start from where they were left, however, there will be a lot of panic among people if there is no internet for about a whole day, and out of that panic, a lot of people might start selling their assets as a first thing when the internet comes back, and that is surely going to affect the market, badly.

If people don't panic, keep holding their assets, and do what they were doing before, the market won't be affected at all. Besides Bitcoin and blockchain technology, there will be a lot of panic in the world in general if there is an internet outage for such a long period, countries will lose extremely large amounts of money because of it.

You are right in it. Having a temporary shutdown even just for a day will definitely affect the whole blockchain of bitcoin since all investors would certainly panic knowing they can’t access their investment, much more if the internet shutdown will last for a week or month. Although hodling is the key, but we all know how these investors would turn out emotional if negative things will run in their minds, it’s either they can’t access their bitcoin investment anymore and so they have to sell their coins as early as possible, or some might remain calm but deep inside they are also triggered by internet shutdown if ever it won’t be back anymore.

Yes, if the internet system goes down worldwide, Bitcoin will have a huge impact, but only transactions will be affected, not supply or demand. Due to political reasons in my country this month, the entire internet system was off for more than 10 days, so I could not access Bitcoin and Bitcoin forums. Not only me, over five million users in my country, none of them could transact bitcoins.  As a result, there was no impact on the price of Bitcoin because only Bangladesh internet system was off for 10 days, in this case only Bangladesh cannot have any impact on Bitcoin.  But if the entire internet system were to shut down all over the world, there would be a huge impact on Bitcoin.

A global shutdown of the Internet may be imaginary. We can't even imagine it. The internet system in the country you mentioned was down for a few days so people there couldn't access bitcoin forums and exchange bitcoins simply because of no internet. However, the country did not have internet for a total of five days but broadband net was provided after five days which brought back normal comfort among people and Bitcoin traders.
If there was no Internet system in Bangladesh then Bitcoin might not have been affected because Bitcoin is still not legal in this country. Despite Bitcoin not being legal, there are millions of members in this country who are Bitcoin traders whose activity was affected due to lack of internet.

I think the only thing that will be affected first is its value and that is ; it can become stable because there is no way people can make a live transaction. I say live because it is still possible to make an offline transaction but it will not affect the price of Bitcoin.

Bitcoin itself can't get affected by the phenomenon but if the problem persists, then I'm afraid that Bitcoin might be forgotten by the public. That's going to be the reason for its collapse. What you said is true that there is always a possibility and this is why there are now generators, solar, wind, water, etc... energies and other back-ups just in case there is a power interruption or something which can cause for the internet to shutdown, so there is no way that there would be an internet blackout even for 24 hours only because you know the internet now is very important.

Majority of the people in the world rely on it at all times, this is why the experts protect it at all costs. The only way that I know for the internet to get shutdown (not only for 24 hours) but permanently is when there is a huge asteroid that will hit the earth, though it's not just the internet that will get shutdown but also everything in this world.

Those who are Bangladeshis can answer your question very well and if you are a Bangladeshi then you have got the complete answer. I am a Bangladeshi, the situation in my Bangladesh has reached extreme levels these days, here a few days ago due to student quota movement, internet was shut down for five consecutive days, due to which we were completely isolated from the online world. After five days without internet, I realize that nothing is possible in the online world without internet. So it is not possible to use Bitcoin without internet. These five days I feel so helpless that I cannot express in words. Every Bitcoin user has suffered greatly because of the internet shutdown for these five days, not only Bitcoin users but every human being has suffered greatly. So being a Bangladeshi and out of internet I understand that without internet Bitcoin would be completely stagnant because without internet how would you transact and work. I repeat I needed some money in these five days because I didn't have internet I couldn't sell crypto currency and I couldn't withdraw money so this means that if there is no internet all over the world bitcoin will stop working.

Today as we know digital world everything transaction and communication is done through internet. In that case, if the internet is shut down, then of course, not only Bitcoin, but all the world will face huge financial problems. And the question you have asked I think the internet will never be shut down worldwide because in today's age internet is the life of every country. And nothing will happen in the world that will cause all internet systems to shut down, and if that happens, it is possible that the value of Bitcoin will drop, but it is unrealistic. Since internet is the life of every country in today's world, no country can run without internet, so internet will not be stopped in any way around the world. Moreover, today the world has progressed a lot depending on the internet and the internet is the most important role for the advancement of this world. Every country's government depends on their internet the most, and they give a lot of importance to it, so that there is no possibility of internet shutdown in the future without any impact on the internet.

Your explanation is very good and makes sense, friend. Yes, if for example the internet is down for 24 hours, there will definitely be no buying and selling activity and of course what makes the BTC price go up and down is because of buying and selling transactions. However, there will definitely be an impact if the internet is good again and I agree with your opinion because there will definitely be the potential for the price of BTC to fall because it is caused by some people who panic and feel that BTC is very high risk and end up selling their BTC.

but of course some people will have the potential to take advantage of this situation and buy BTC at a cheap price and of course there will also be people holding onto their BTC, yes basically there will definitely be a fight between sellers and buyers. but I predict that even if there is a decline, I am sure that the price of BTC will recover because I am sure that as long as the internet is still there and even if the internet is down, it can be turned on again. I am sure that people who adopt BTC will definitely not decrease and ultimately the price of BTC will remain safe.

Yes, of course apart from BTC it will also have an impact, but of course I hope that the internet will not die and that the world will always be full of peace

The Internet is one of the main sources of communication and financial transactions of mankind in the world. When you want to trade from one place to another you will definitely need internet even if you are trading bitcoins you will need internet. If the internet were to be shut down globally, every country would surely suffer a huge loss, but this curious thing will never happen. The government of every country values the internet sector the most due to which they never want a country to suffer huge losses so the internet will never shut down. However, in the country where I live, the internet systems were down for a week, although now we have regained the internet, but my country has suffered a lot of losses financially, but the government has no problem with it. This one week every person in my country was disconnected from internet and also no transactions could be done through internet especially I couldn't keep track of what position bitcoin went to. However, the internet will never be shut down worldwide, so if there is a politically adventurous, shamelessness government like us in any country, then the internet will be shut down in that country.