Unless there are Quantum computers generating private keys and spoiling the bitcoin as a whole, then in that case, it wouldn't recover 0.1$/btc forget about 1$. It will be the fall of Bitcoin.
CEO of Google said we will be able to decrypt any encryption in the next 5-10 years using quantum computers.
But getting the license for using quantum computers will be tough.
// I'm writing this post from the info I got from a youtube video.
CEO of Google said we will be able to decrypt any encryption in the next 5-10 years using quantum computers.
But getting the license for using quantum computers will be tough.
// I'm writing this post from the info I got from a youtube video.
I don't think quantum computers will "break" Bitcoin. Developers will introduce a quantum-resistant algorithm before quantum computers become a threat to the Bitcoin blockchain. It's very likely the community will approve such a decision as it's in everyone's best interests. With how solid BTC is right now, I wouldn't expect it to dip in price now nor in the distant future. The only way it could fall to $1 is if there's a full-scale nuclear war or the whole Internet is shut down for good. We may be decades or centuries away from seeing this become a reality.
If you've missed the "Bitcoin train", there's still an opportunity for you to strike it rich in the future. Go check out altcoins to see what I'm talking about. Most of the new ones begin trading at cents of a USD, only to end up being worth hundreds if not thousands of dollars (USD) in an instant. There's only one way BTC can go. And that's up. Who knows if BTC finally goes to $1m? Just my opinion
