One of the issue I have in this pace is that people want explanation for everything that happens to crypto tokens prices, the Christmas hypothesis is false and you can look at historical chart to see this is wrong, prices tend to pick up in December than dump.

Quote from: Senin on December 08, 2020, 04:37:32 PM

Quote from: masterrex on December 08, 2020, 08:06:19 AM

IMHO, I believe that quantum computing capability is a serious threat to Bitcoin and the existence of cryptocurrencies, and I'm already aware of it, But in that report that Chinese scientist has already achieved the quantum computing supremacy, I doubt it because it's too early to say that even in the Google's researched they admit that it's too complicated for now because of a missing" Ingredient" what I believe was its only a propaganda but not existed in reality.

I think that the real success in the creation of quantum computers will not be widely disseminated.  Moreover, in the first place they will fall into the hands of criminals.  Therefore, the fact that they were created and their good computing capabilities, most likely, we will find out when they massively hack our wallets with cryptocurrency.  It will be good if I'm wrong.  However, the incoming information about the success with their development makes you think a lot.

Mate, Dont just easily believe in a piece of paper! Just remember that we are living in the era of global superpower competition, with lots of propaganda have surfaced in most area, like defense, Space, and breakthrough, etc. How could we believe if they dont have shown it to the public for me the "quantum supremacy" is a complex idea that needs to understand more in order to bring it into reality. thats why I dont believe it for now! Bitcoin and other cryptocurrencies will stay in the race for sure.

I won't call this propaganda, they was an article that I read sometimes last year that Google also is making huge head way with quantum computing. Even without quantum computing attack some of these POW Altcoins are suffering 51% attack ETC recently. I think the only coin in the space people need to watch out for is Bitcoin, if Bitcoin is successfully attacked that is the end for all the space but I have a feeling we will cross the river when we get there

Trading and Investing are two different skill and also time availability. If you are looking for quick bucks, stay with trading but for me the real money is in investing, some people have sold 10X tokens early before of 10% profit and 3 month later the tokens did 10X pump. The only plus of trading is that you can trade any coin, weather shitcoin or Alpha coin, but for investors you need to research and keep looking for project that is currently undervalued and has potential for growth

Trading Bot is not for any jack, especially the newbies, if you want to use Bots then you need to develop your own working strategy, in crypto most of these coins/tokens follow different strategy and before you deploy it, use a lot of back testing and be sure it works for you. Bots follow gabbage in, gabbage out so if you get it wrong, you lose a lot of money

CEXes are still far ahead of DEXes bit DEXes are really catching up, the major hurdle for DEXes to cross is the speed if they can offer the speed of less than 5sec per transaction I think people will less go alot of things. Alos they need to scale down the trading fee, I believe this would happen with more users coming onboard.

When I read about Base Protocol what a great idea but when the revelation about the team comes of light, I doubt the project won't end up the way Spectiv ended, I was one of those that was hoping the project would come around because then the talk about VR and AR was getting heated in the space but the team can't show anything for the money they raised. I don't know how this time around is going to be different

I think what is helping Cryptocurrencies in general is that people are now comfortable holding them long term , just look at Bitcoin for example. The change in mind set of investors has contributed significantly to it becoming a good investment class. Most teenagers into Crypto now would rather prefer to hold Crypto than put their money into savings accounts despite the risk of their money going to zero