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Julien
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LFG
$CTXC fasten your seatbelt, the train is moving 🚀
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close the position only if you want to sleep at night but don't expect anything else from this position.
Should I close it 😓😥#BTCNextMove $XRP $BTC $ETH
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there is nothing to do... you will be in the red for weeks... months... the trade entry is bad, the leverage too high... except for swing trades.
Should I close it 😓😥#BTCNextMove $XRP $BTC $ETH
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btc at 49k, the guy is on internet explorer lol
$BTC this morning I just discovered that whales managed to get bitcoin at $49,000 in the middle of the night then at $91,000 they recharged to sell everything at $100,000/$108,000
that's why you have to enter at the lowest bitcoin retracements otherwise you will be liquidated
$33,000/$45,000/$60,000/$72,000 to enter btc not before it's just my vision ideal to enter bitcoin and a lot of patience while big wallets come out at $108,000/$100,000
other big wallets inject btc at $49,000/58,000/$91,000 when btc drops sharply they enter strongly to make you believe in a big sudden increase. I call it a bullish trap to liquidate people who entered too high on bitcoin. Kind regards
that's why you have to enter at the lowest bitcoin retracements otherwise you will be liquidated
$33,000/$45,000/$60,000/$72,000 to enter btc not before it's just my vision ideal to enter bitcoin and a lot of patience while big wallets come out at $108,000/$100,000
other big wallets inject btc at $49,000/58,000/$91,000 when btc drops sharply they enter strongly to make you believe in a big sudden increase. I call it a bullish trap to liquidate people who entered too high on bitcoin. Kind regards
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sell everything
I bought Bitcoin at 106 and it fell. Do you think I should withdraw with losses or wait for it to rise?
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interesting, thanks!
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CoinChapter
--
Can Google Break Bitcoin Encryption?
The rapid progress in quantum computing, especially with the release of Google’s Willow quantum chip, has led to concerns about the future of encryption, including Bitcoin’s security. Can Google really break Bitcoin encryption? Before we move ahead to answer this question, it’s important for us to know a little bit about Google’s Willow quantum chip and Bitcoin encryption mechanism.
What is Google’s Willow Quantum Chip?
Google’s Willow chip is a quantum processor with 105 qubits. Qubits are the basic units of quantum computing, and they differ from the classical bits used in traditional computers. While classical computers can only process information in binary (0 or 1), qubits can exist in multiple states at once, allowing them to perform many calculations simultaneously.
A video of Director of Quantum Hardware Julian Kelly introducing Willow and its achievements.
The Willow chip is an improvement over Google’s previous quantum processor, Sycamore, which had 54 qubits. Willow’s 105 qubits enable it to perform more complex calculations, opening up possibilities in areas such as medicine, optimization problems, and cryptography. With all these advancements, is Willow powerful enough to break Bitcoin’s encryption? Before we answer this, let’s see how Bitcoin’s encryption works?
How Bitcoin’s Encryption Works
Bitcoin’s security is based on cryptographic algorithms, which make it extremely difficult for anyone to alter transactions or steal funds. The two main cryptographic methods Bitcoin uses are the Elliptic Curve Digital Signature Algorithm (ECDSA) and the SHA-256 hash function.
Bitcoin relies on a system of public and private keys. The public key is shared openly and acts as an address where others can send Bitcoin. The private key, however, is kept secret and is used to sign transactions, proving ownership of the Bitcoin linked to the public key.
The security of Bitcoin’s system relies on the difficulty of solving the Elliptic Curve Discrete Logarithm Problem (ECDLP), which is computationally infeasible for classical computers to solve. This is what makes it difficult for anyone to forge signatures or access Bitcoin without the correct private key.
How Quantum Computers Could Break Bitcoin’s Encryption
Quantum computers have the potential to break many of the cryptographic systems in use today, including those that secure Bitcoin. This is because quantum computers can solve certain mathematical problems much faster than classical computers. Specifically, quantum algorithms like Shor’s algorithm and Grover’s algorithm could pose a threat to Bitcoin’s security.
Shor’s algorithm is a quantum algorithm that can efficiently solve the integer factorization problem and discrete logarithms, which are the basis of the security of Bitcoin’s elliptic curve cryptography. If a quantum computer could run Shor’s algorithm at a sufficient scale, it could potentially derive a private key from a public key, thereby compromising Bitcoin’s security.
Grover’s algorithm is another quantum algorithm that could reduce the strength of Bitcoin’s cryptographic hash function, SHA-256. This algorithm would not break Bitcoin’s security entirely, but it could reduce the effective strength of the hash function from 256 bits to 128 bits. While 128-bit security is still strong by today’s standards, it would still represent a significant weakening of Bitcoin’s defense.
An X user shared Satoshi’s statement on quantum computing. SOURCE: X Does Google’s Willow Have the Power to Break Bitcoin?
At present, Google’s Willow chip does not have the computational power required to break Bitcoin’s encryption. Breaking Bitcoin’s cryptography would require a quantum computer with thousands of logical qubits — far more than Willow can provide.
To effectively run Shor’s algorithm, experts estimate that a quantum computer would need around 1,500 to 3,000 fault-tolerant logical qubits. Logical qubits are different from physical qubits because they are corrected for errors, which is essential for reliable computation. Willow, with its 105 qubits, is far from meeting these requirements.
Additionally, current quantum systems, including Willow, are still in the Noisy Intermediate-Scale Quantum (NISQ) phase. This means they are not yet stable enough to perform large-scale, reliable computations. The error rates in these systems make them unsuitable for breaking Bitcoin’s encryption.
You May Also Like: Can Quantum Computing REALLY Hack Bitcoin Network?
Bitcoin’s Current Defense Mechanisms
Bitcoin’s encryption is built to be secure against classical and quantum attacks for the time being. The combination of ECDSA for digital signatures and SHA-256 for hashing ensures that Bitcoin is resistant to attacks from existing quantum systems.
Bitcoin’s cryptographic design is robust, and its decentralized nature adds another layer of protection. Even if a quantum computer capable of breaking Bitcoin’s encryption were to be developed, Bitcoin’s open-source design would allow it to adapt to new cryptographic standards relatively quickly.
Preparing for the Quantum Future
While Google’s Willow chip is not a threat to Bitcoin’s security now, the cryptocurrency community is aware of the potential risks posed by quantum computing in the future. Researchers are already developing Post-Quantum Cryptography (PQC) algorithms to resist quantum attacks. These algorithms include lattice-based cryptography and hash-based signatures, which are considered more resistant to quantum algorithms like Shor’s.
Source: google
Additionally, organizations like the National Institute of Standards and Technology (NIST) are working to standardize quantum-resistant cryptographic algorithms. These algorithms could eventually be integrated into Bitcoin and other blockchain systems to protect them against the future threat of quantum computing.
What’s at Stake?
Quantum computing breakthroughs could have significant implications for Bitcoin and other cryptocurrencies. If quantum computers become powerful enough, they could potentially break the encryption that secures digital wallets, allowing attackers to steal funds. This could cause market instability and undermine trust in cryptocurrencies.
However, most experts agree that cryptographically relevant quantum computers are still 10 to 20 years away. This gives the cryptocurrency community ample time to transition to quantum-resistant systems before they become a real threat.
What is Google’s Willow Quantum Chip?
Google’s Willow chip is a quantum processor with 105 qubits. Qubits are the basic units of quantum computing, and they differ from the classical bits used in traditional computers. While classical computers can only process information in binary (0 or 1), qubits can exist in multiple states at once, allowing them to perform many calculations simultaneously.
A video of Director of Quantum Hardware Julian Kelly introducing Willow and its achievements.
The Willow chip is an improvement over Google’s previous quantum processor, Sycamore, which had 54 qubits. Willow’s 105 qubits enable it to perform more complex calculations, opening up possibilities in areas such as medicine, optimization problems, and cryptography. With all these advancements, is Willow powerful enough to break Bitcoin’s encryption? Before we answer this, let’s see how Bitcoin’s encryption works?
How Bitcoin’s Encryption Works
Bitcoin’s security is based on cryptographic algorithms, which make it extremely difficult for anyone to alter transactions or steal funds. The two main cryptographic methods Bitcoin uses are the Elliptic Curve Digital Signature Algorithm (ECDSA) and the SHA-256 hash function.
Bitcoin relies on a system of public and private keys. The public key is shared openly and acts as an address where others can send Bitcoin. The private key, however, is kept secret and is used to sign transactions, proving ownership of the Bitcoin linked to the public key.
The security of Bitcoin’s system relies on the difficulty of solving the Elliptic Curve Discrete Logarithm Problem (ECDLP), which is computationally infeasible for classical computers to solve. This is what makes it difficult for anyone to forge signatures or access Bitcoin without the correct private key.
How Quantum Computers Could Break Bitcoin’s Encryption
Quantum computers have the potential to break many of the cryptographic systems in use today, including those that secure Bitcoin. This is because quantum computers can solve certain mathematical problems much faster than classical computers. Specifically, quantum algorithms like Shor’s algorithm and Grover’s algorithm could pose a threat to Bitcoin’s security.
Shor’s algorithm is a quantum algorithm that can efficiently solve the integer factorization problem and discrete logarithms, which are the basis of the security of Bitcoin’s elliptic curve cryptography. If a quantum computer could run Shor’s algorithm at a sufficient scale, it could potentially derive a private key from a public key, thereby compromising Bitcoin’s security.
Grover’s algorithm is another quantum algorithm that could reduce the strength of Bitcoin’s cryptographic hash function, SHA-256. This algorithm would not break Bitcoin’s security entirely, but it could reduce the effective strength of the hash function from 256 bits to 128 bits. While 128-bit security is still strong by today’s standards, it would still represent a significant weakening of Bitcoin’s defense.
An X user shared Satoshi’s statement on quantum computing. SOURCE: X Does Google’s Willow Have the Power to Break Bitcoin?
At present, Google’s Willow chip does not have the computational power required to break Bitcoin’s encryption. Breaking Bitcoin’s cryptography would require a quantum computer with thousands of logical qubits — far more than Willow can provide.
To effectively run Shor’s algorithm, experts estimate that a quantum computer would need around 1,500 to 3,000 fault-tolerant logical qubits. Logical qubits are different from physical qubits because they are corrected for errors, which is essential for reliable computation. Willow, with its 105 qubits, is far from meeting these requirements.
Additionally, current quantum systems, including Willow, are still in the Noisy Intermediate-Scale Quantum (NISQ) phase. This means they are not yet stable enough to perform large-scale, reliable computations. The error rates in these systems make them unsuitable for breaking Bitcoin’s encryption.
You May Also Like: Can Quantum Computing REALLY Hack Bitcoin Network?
Bitcoin’s Current Defense Mechanisms
Bitcoin’s encryption is built to be secure against classical and quantum attacks for the time being. The combination of ECDSA for digital signatures and SHA-256 for hashing ensures that Bitcoin is resistant to attacks from existing quantum systems.
Bitcoin’s cryptographic design is robust, and its decentralized nature adds another layer of protection. Even if a quantum computer capable of breaking Bitcoin’s encryption were to be developed, Bitcoin’s open-source design would allow it to adapt to new cryptographic standards relatively quickly.
Preparing for the Quantum Future
While Google’s Willow chip is not a threat to Bitcoin’s security now, the cryptocurrency community is aware of the potential risks posed by quantum computing in the future. Researchers are already developing Post-Quantum Cryptography (PQC) algorithms to resist quantum attacks. These algorithms include lattice-based cryptography and hash-based signatures, which are considered more resistant to quantum algorithms like Shor’s.
Source: google
Additionally, organizations like the National Institute of Standards and Technology (NIST) are working to standardize quantum-resistant cryptographic algorithms. These algorithms could eventually be integrated into Bitcoin and other blockchain systems to protect them against the future threat of quantum computing.
What’s at Stake?
Quantum computing breakthroughs could have significant implications for Bitcoin and other cryptocurrencies. If quantum computers become powerful enough, they could potentially break the encryption that secures digital wallets, allowing attackers to steal funds. This could cause market instability and undermine trust in cryptocurrencies.
However, most experts agree that cryptographically relevant quantum computers are still 10 to 20 years away. This gives the cryptocurrency community ample time to transition to quantum-resistant systems before they become a real threat.
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well be happy already it's the only one in the green today 🤣
$UTK it's annoying that they sell frankly leave it mounted please 😢😭🥹
hold
Help me decide whether to hold or sell it. I’m facing significant losses. Do you think Sandbox (SAND) will recover to its previous position, go higher, or drop further? Can someone analyze this and guide me?"$SAND
hold
please tell me hold or close ..
only expert tell me ..
only expert tell me ..
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Many people criticize here yet it is the right analysis, 4 or 5 months of rise, a last pump this summer and most cryptocurrencies will have already exceeded their ath
The current bull market might not last as long as many are hoping. While some believe it’s just getting started, the truth is that it began in November 2022, when Bitcoin hit its lowest point during the bear market. That means we’ve already seen over two years of bullish momentum.
If past market cycles are any guide, this bull run might only have 3 to 6 months left before transitioning into a challenging bear market. By the time summer rolls around, we could be nearing the end of this bullish phase.
What Does This Mean for Investors?
Although this timeline seems short, there’s no need to panic. Historically, the final months of a bull market are often the most lucrative, with rapid price increases as market sentiment hits its peak. For savvy investors, this period presents a prime opportunity to lock in significant gains.
Key Insights for Investors:
1. Timing is Everything: With limited time left, focus on short-term trades and don’t hesitate to take profits regularly.
2. Prepare for the Bear Market: A downturn is inevitable, so have a plan in place to protect your earnings when the market shifts.
3. Capitalize on the Final Surge: The biggest gains often happen during the last phase of a bull market. Stay alert and ready to act.
Even if the bull market is nearing its end, it still holds tremendous potential for disciplined investors. Use this time to plan strategically, make informed moves, and maximize opportunities before the market changes direction.
#BTCNextDirection? #MicrosoftRejectsBTC
#BinanceLaunchpoolVANA #BitcoinKeyZone #Write2Earn!
If past market cycles are any guide, this bull run might only have 3 to 6 months left before transitioning into a challenging bear market. By the time summer rolls around, we could be nearing the end of this bullish phase.
What Does This Mean for Investors?
Although this timeline seems short, there’s no need to panic. Historically, the final months of a bull market are often the most lucrative, with rapid price increases as market sentiment hits its peak. For savvy investors, this period presents a prime opportunity to lock in significant gains.
Key Insights for Investors:
1. Timing is Everything: With limited time left, focus on short-term trades and don’t hesitate to take profits regularly.
2. Prepare for the Bear Market: A downturn is inevitable, so have a plan in place to protect your earnings when the market shifts.
3. Capitalize on the Final Surge: The biggest gains often happen during the last phase of a bull market. Stay alert and ready to act.
Even if the bull market is nearing its end, it still holds tremendous potential for disciplined investors. Use this time to plan strategically, make informed moves, and maximize opportunities before the market changes direction.
#BTCNextDirection? #MicrosoftRejectsBTC
#BinanceLaunchpoolVANA #BitcoinKeyZone #Write2Earn!
See original
well done nice trade
I Peter Shorted $COW at 0.72$ with little Margin.
PS : Thank You Cow for 9x Returns.
Wish I had done with 1000 usdt.
PS : Thank You Cow for 9x Returns.
Wish I had done with 1000 usdt.
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It will go up x10
I need your advice, should I cut it or will it go up?
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same
This is no financial advice but i think the correction was too small and it's going to come down hard soon, took all profits waiting for the right moment to buy the bottom.
$BTC
$BTC
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same I took everything out in usdt
I smell one more dip, means 1 more buying opportunity, soon, very soon. I am not sure this time, but I just booked 100% all profits and trades, so at the moment no trade open from my side, waiting for a retest again. Let's see how it works🙄
What are your opinion guys?
What are your opinion guys?
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it's dead
"I invested $1000 in XRP at $2.73, but unfortunately, my investment has decreased to $350. I'm struggling to understand the reason behind this significant drop. Should I hold on to my XRP or consider other options? #XRP #Investment #Debate2024 $XRP
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scam
$NEIRO and $ACT made 100x after Binance listing‼️
$NEIRO and $ACT made 100x after Binance listing
Now it's time to find the next one
I spent 12 hours searching for this gems
Here’s a list of tokens with potential for Binance listing👇
🚀1. $TAI
$TAI serves as the AI infrastructure for the Solana blockchain. It’s a scalable, AI-powered Web3 modular platform designed to help organizations and individuals seamlessly transition from Web2 to Web3. Supported by the Solana Foundation.
In the stock market, NVIDIA is currently considered the best investment, with its shares reaching new highs every month.
In crypto, $TAI stands out as the only AI-powered token backed by the Solana Foundation. Solana is a major trend in cryptocurrency, while NVIDIA dominates the stock market.
I think Binance can list this token.
Key metrics:
• Price: $0.197
• MCAP: $120M
• Volume: $60M
• Max. supply: 1000M
🚀2. $BRETT
$BRETT is a memecoin inspired by Brett, the best friend of Pepe and the official mascot of the Base Chain. It serves as a cultural icon within the cryptocurrency space, representing the playful and community-driven spirit of Base Chain.
Key metrics:
• Price: $0.197
• MCAP: $2B
• Volume: $120M
• Max. supply: 10B
🚀3. $GOAT
$GOAT is a memcoin created in the wave of popularity of AI and cryptocurrencies, inspired by Truth Terminal, a powerful autonomous artificial intelligence.
Key metrics:
• Price: $0.69
• MCAP: $700M
• Volume: $280M
• Max. supply: 1B
🚀4. $POPCAT
$POPCAT is an internet meme that originated in October 2020. It features a series of videos with two images of a domestic shorthair cat named "Oatmeal." In one image, the cat's mouth is closed, while in the second, the mouth is edited into an "O" shape, giving the impression it is open.
Key metrics:
• Price: $1.39
• MCAP: $1.36B
• Volume: $170M
• Max. supply: 980M
Now it's time to find the next one
I spent 12 hours searching for this gems
Here’s a list of tokens with potential for Binance listing👇
🚀1. $TAI
$TAI serves as the AI infrastructure for the Solana blockchain. It’s a scalable, AI-powered Web3 modular platform designed to help organizations and individuals seamlessly transition from Web2 to Web3. Supported by the Solana Foundation.
In the stock market, NVIDIA is currently considered the best investment, with its shares reaching new highs every month.
In crypto, $TAI stands out as the only AI-powered token backed by the Solana Foundation. Solana is a major trend in cryptocurrency, while NVIDIA dominates the stock market.
I think Binance can list this token.
Key metrics:
• Price: $0.197
• MCAP: $120M
• Volume: $60M
• Max. supply: 1000M
🚀2. $BRETT
$BRETT is a memecoin inspired by Brett, the best friend of Pepe and the official mascot of the Base Chain. It serves as a cultural icon within the cryptocurrency space, representing the playful and community-driven spirit of Base Chain.
Key metrics:
• Price: $0.197
• MCAP: $2B
• Volume: $120M
• Max. supply: 10B
🚀3. $GOAT
$GOAT is a memcoin created in the wave of popularity of AI and cryptocurrencies, inspired by Truth Terminal, a powerful autonomous artificial intelligence.
Key metrics:
• Price: $0.69
• MCAP: $700M
• Volume: $280M
• Max. supply: 1B
🚀4. $POPCAT
$POPCAT is an internet meme that originated in October 2020. It features a series of videos with two images of a domestic shorthair cat named "Oatmeal." In one image, the cat's mouth is closed, while in the second, the mouth is edited into an "O" shape, giving the impression it is open.
Key metrics:
• Price: $1.39
• MCAP: $1.36B
• Volume: $170M
• Max. supply: 980M
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good analysis
Altseason 2024: Are We on the Brink of a New Boom in Altcoins?
The chart indicates that we are at a level of 78 on the Altcoin Season index, suggesting that we are in a phase where altcoins significantly outperform Bitcoin. This high level has not been observed in recent months and marks a critical transition point in the crypto market. But what does this behavior really imply, and what can we expect from here on?
Context of Altseason
The 'Altcoin Season Index' measures the performance of altcoins against Bitcoin over a given period. A value above 75 indicates an altseason, while values below 25 suggest a clear dominance of Bitcoin.
Context of Altseason
The 'Altcoin Season Index' measures the performance of altcoins against Bitcoin over a given period. A value above 75 indicates an altseason, while values below 25 suggest a clear dominance of Bitcoin.
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