Cryptos all crashing, look at CoinMarketCap | |
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DEPLORABLE Lady Jayne Smith
Forum Administrator 09/24/2019 10:22 PM Report Abusive Post Report Copyright Violation | Bitcoin's hash rate dropped by 40% yesterday. Not sure why. Some speculate a Chinese Mining farm went offline. Who knows. [link to cointelegraph.com (secure)] Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
DEPLORABLE Lady Jayne Smith
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G3
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DEPLORABLE Lady Jayne Smith
Forum Administrator 09/24/2019 10:33 PM Report Abusive Post Report Copyright Violation | Googles new quantum computer just made the algorithms obsolete. Quoting: Anonymous Coward 78022143 New quantum computer can compute in 200 seconds what would take 10000 years with binary computers. They also clearly stated the computer can only do 1 task at a time, and they are years away from true QC. Even when QC is a thing, you can be certain it will be a close hold, available to dot gov only. TPTB let something like that get out, about, and especially not into the hands of the public. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
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Anonymous Coward User ID: 77315416 United States 09/24/2019 10:41 PM Report Abusive Post Report Copyright Violation | Googles new quantum computer just made the algorithms obsolete. Quoting: Anonymous Coward 78022143 New quantum computer can compute in 200 seconds what would take 10000 years with binary computers. They also clearly stated the computer can only do 1 task at a time, and they are years away from true QC. Even when QC is a thing, you can be certain it will be a close hold, available to dot gov only. TPTB let something like that get out, about, and especially not into the hands of the public. Good point, but what has been damaged is the concept that if you buy crypto, the security is unbreakable. |
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DEPLORABLE Lady Jayne Smith
Forum Administrator 09/24/2019 10:45 PM Report Abusive Post Report Copyright Violation | Googles new quantum computer just made the algorithms obsolete. Quoting: Anonymous Coward 78022143 New quantum computer can compute in 200 seconds what would take 10000 years with binary computers. They also clearly stated the computer can only do 1 task at a time, and they are years away from true QC. Even when QC is a thing, you can be certain it will be a close hold, available to dot gov only. TPTB let something like that get out, about, and especially not into the hands of the public. Good point, but what has been damaged is the concept that if you buy crypto, the security is unbreakable. Only the gullible truly believe anything is forever unbreakable. Things will adapt, equilibrium will be found. Blockchain, and BTC, is still better than the current system. Perhaps QC will be what makes the chain nearly invincible? QC can cut both ways. That said, we all know this is a speculative market. Big balls, and a strong stomach is needed. Also, I do not suggest margin trading, or putting more than 10% of what you have set aside for higher risk equity trading into cryptos. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
DEPLORABLE Lady Jayne Smith
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Anonymous Coward User ID: 78026545 Australia 09/24/2019 10:48 PM Report Abusive Post Report Copyright Violation | Googles new quantum computer just made the algorithms obsolete. Quoting: Anonymous Coward 78022143 New quantum computer can compute in 200 seconds what would take 10000 years with binary computers. They also clearly stated the computer can only do 1 task at a time, and they are years away from true QC. Even when QC is a thing, you can be certain it will be a close hold, available to dot gov only. TPTB let something like that get out, about, and especially not into the hands of the public. Good point, but what has been damaged is the concept that if you buy crypto, the security is unbreakable. there's quantum resistant encryption algorithms that can be used, they will change the algo when neccesary |
Anonymous Coward User ID: 77972669 United States 09/24/2019 10:49 PM Report Abusive Post Report Copyright Violation | Googles new quantum computer just made the algorithms obsolete. Quoting: Anonymous Coward 78022143 New quantum computer can compute in 200 seconds what would take 10000 years with binary computers. They also clearly stated the computer can only do 1 task at a time, and they are years away from true QC. Even when QC is a thing, you can be certain it will be a close hold, available to dot gov only. TPTB let something like that get out, about, and especially not into the hands of the public. Good point, but what has been damaged is the concept that if you buy crypto, the security is unbreakable. Only the gullible truly believe anything is forever unbreakable. Things will adapt, equilibrium will be found. Blockchain, and BTC, is still better than the current system. Perhaps QC will be what makes the chain nearly invincible? QC can cut both ways. That said, we all know this is a speculative market. Big balls, and a strong stomach is needed. Also, I do not suggest margin trading, or putting more than 10% of what you have set aside for higher risk equity trading into cryptos. sounds like something a vegan would say "being vegan is much better for the planet than eating meat" |
Lance Roseman From BC
User ID: 45329550 Canada 09/24/2019 10:50 PM Report Abusive Post Report Copyright Violation | Quoting: DEPLORABLE Lady Jayne Smith That seems like a perfect amount really....it is about what I spend on AU/AG a month...10%. Anymore would be foolhardy, any less, equally as foolhardy! If you are not busy weaving your own magick, you are trapped in anothers spell. “It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius |
Phoenix²
User ID: 77337151 United States 09/24/2019 10:55 PM Report Abusive Post Report Copyright Violation | Googles new quantum computer just made the algorithms obsolete. Quoting: Anonymous Coward 78022143 New quantum computer can compute in 200 seconds what would take 10000 years with binary computers. They also clearly stated the computer can only do 1 task at a time, and they are years away from true QC. Even when QC is a thing, you can be certain it will be a close hold, available to dot gov only. TPTB let something like that get out, about, and especially not into the hands of the public. We already know about it now, so it's probably going to become a public technology. They never would have let it out if it wasn't suppose to be. We know nothing. |
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Anonymous Coward User ID: 25026387 United States 09/24/2019 10:58 PM Report Abusive Post Report Copyright Violation | BAKKT who is control by the Big Banks and the other Futures Markets are CONTROLLING Crypto prices. When they want it to go up or down, it will. Dont listen to anyone with charts. Its all a game now. The Retail markets were killed and now the whales and institutions are buying everything up. When the price run up nothing will stop it. Just Hold until the 12 of never and be rich. They are not buying to be poor. |
Anonymous Coward User ID: 78023503 United States 09/24/2019 11:01 PM Report Abusive Post Report Copyright Violation | It's imaginary "money". Look at gold and silver, at the same time. It's only a matter of time, sooner or later, Shitcoin will be totally WORTHLESS. In fact, it goes to zero, the day the lights go out. Meanwhile, gold and silver have ALWAYS been valuable, and always will be, until the Second Coming. |
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Jungleboogie
User ID: 76648271 Canada 09/24/2019 11:11 PM Report Abusive Post Report Copyright Violation | I dropped 2k into BTC awhile back, for the opposite reason, as a hedge in case people started trading money to make real bitcoin. There is that tipping point where it gains enough traction, and it came damn close once already. And so I hodl. Embrace the cognitive dissonance. |