Post
Topic
Board Speculation
Re: Bitcoin Price Dropping - Are You Scared?
by
fabiorem
on 28/09/2019, 11:51:53 UTC
Unfortunately, there are some reasons to be scared : the Lightning Network hack, the failure of Bakkt launch and the Google quantum computing exploit.

How realistic is the Google quantum computing exploit though?


In the same way that BCash, BGold, BSV and any other bitcoin fork is.

This news about the Google quantum computer is primitivist FUD. If they break the code, they will hard fork. As simple as that.

Bitcoin code has been broken several times. Each time someone breaks it, a new fork comes up.

Failure by the majority to understand how a decentralized network operates is the reason why the price is so low. Google would need to hack thousands of computers and break each wallet inside them to steal their coins. A impossible task, even for a quantum computer.