@everyone The Little-Known Secrets of the Crypto Market. After roughly 3 cycles in the crypto market, there are many things that newcomers who have just entered the market don't understand. Understand these few things if you want to succeed in crypto: #1 It's All About The Greatest Fool's Theory. Like everything else in the world, something can basically succeed because it's the "first". That's why it's very difficult to replace Bitcoin's dominance in the market. In crypto, it's all about being the first. Be the first in anything: the first to buy a token, the first to know the potential narrative of Altcoins, the first to know that the market will become a bear market, and so on. #2 The Biggest Whales in Crypto Are the Project Owners Themselves. In crypto, almost always the party that holds the most tokens is the developer itself. Therefore, the developer plays a very big role in determining the success of a project. A wealthy developer with a good track record is much more likely to have a successful project than an anonymous novice developer. #3 Nothing is Rational. Unlike other markets where fundamentals are everything. In crypto, nothing is rational, let alone "make sense". Something can still rise even though the price is too high, and something that has already fallen can still fall deeper. Everything is controlled by massive speculation by market participants. That's why the way to win in this market is to learn the human behavior that is seen within it. #4 The Biggest Wins Always Come From the Unexpected. Often, we have plans related to the investments we make in crypto. For example, putting a large position on the Altcoins we believe in the most. However, what often happens is that the things we don't believe in actually give the highest profits. That's why it's important to use intuition and not reject any opportunity in cryptoThe term "Greatest Fool's Theory" is a somewhat informal way of describing the concept that in a speculative market
Why is the Decentralized Science (DesCi) Narrative Interesting Enough to Pay Attention to?
Recently, cryptocurrency has been buzzing about the Decentralized Science (DeSci) narrative, which is a movement that uses blockchain technology and the principle of decentralization to revolutionize the way science is conducted, funded, stored, and disseminated. So, why is this narrative interesting to pay attention to? #1Lack of Transparency in the Field of Science.
Currently, the world of science is still far from transparent. The lack of audits on the research process and results is something that deserves attention. Blockchain will directly provide an opportunity to close this transparency gap. #2Lack of Intensive Systems in Research Results.
DeSci utilizes technological developments such as NFT, IPFS, and other Web3 protocols to protect scientists' copyright, distribute data, and ensure sovereignty over their research results. Nowadays, loyalty related to research results is something that must be upheld. #3Niche Trends Can Go Global.
DeSci is a narrative that is still "niche" and has not received much attention in crypto in recent years. However, there are always times when a small narrative grows. Many observers say that this DeSci wave is very similar to the early days of DeFi, where many people underestimated it until finally everyone used it. #4DeSci Mindshare Increases in the Last 2 Days.
In the social media world related to crypto, mindshare about DeSci has increased significantly. This is driven by the development of DeSci from AI agents that have utility. We have seen AI Agents that fall into the "meme" category, now we have the potential to see AI agents that have utility to solve certain scientific problems.
The Presence of Quantum Computing Can Strengthen Bitcoin @everyone
Blockstream CEO and Hashcash inventor Adam Back, said quantum computing cannot break the Bitcoin (BTC) algorithm in the future. However, it can make the Bitcoin network stronger.
According to him, Bitcoin signatures can prevent BTC transactions from being changed by other parties, this is an important part of the network's security mechanism. When a transaction takes place, the private key is used to sign the transfer as proof of the system that Bitcoin is in the address holder.
On the other hand, concerns arose when Willow, Google's quantum computing chip, was present and could threaten the crypto industry. Willow can process errors and calculations at incredible speeds.
Willow's capabilities are still not enough to compete with Bitcoin encryption, because Google's quantum chip only consists of 105 qubits, while Bitcoin reaches 13 million qubits. $BTC