Big Red

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Big Red

Big Red

@RedGrindingHood

Fibonacci told me where price was going. So I built indicators around it. Structure is everything. My tools prove it.

Cape Town เข้าร่วม Ağustos 2023
90 กำลังติดตาม140 ผู้ติดตาม
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Big Red
Big Red@RedGrindingHood·
Structure is fucking king :) $23k profit for $BTC long even earlier than expected. I don't even need to wait for the other side to hit Hit EXACTLY on the fib line. Not close to it. Not "basically there." Exactly on it. And that fib line? It's a mirror of the blue one that would have been hit later. Easy short AND long this month off the same indicator structure. Same framework. Same principles. Two clean trades. This is what happens when you stop trying to force predictions on what the market will do and start letting the structure tell you where it's wanting to go.
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Big Red@RedGrindingHood

Not looking good for my trade so far based on this candle but I will not go against structure :) Let's have patience and see what happens.

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Big Red
Big Red@RedGrindingHood·
@Cyrpto_Memo @CryptoWizardd Lol how did you get target? Historical support ? Coz I actually got it as a short target using fibonacci. Would be dope to get there
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Oooo@Oooobr3g·
@CryptoWizardd Still struggling hope it moves soon and does not break 245$
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srkn187.eth
srkn187.eth@cryptos187·
@CryptoWizardd Massiv sell offs from panic users hope more sell offs to pack my bag full
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Big Red
Big Red@RedGrindingHood·
@VRcurrency911 @CryptoWizardd You can expect recovery around $170 or so. Unless it recovers now, but that's roughly my short target
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S D@VRcurrency911·
@CryptoWizardd They gotta do something quick,… losing faith is not an option. But losing money :( .. paaaaampp it!! The good sign is That $taobot still pamping..
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Hekmat
Hekmat@24AKMAT·
@CryptoWizardd Plz bro dont say anything good so we dont nuke further 🙏🏻
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B@AcerockJrod·
@CryptoWizardd I sold at a slight loss, and will wait for the dust to settle a little more or recover.And show some strength first.
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Teddy Pain
Teddy Pain@TeddyPainCrypto·
@CryptoWizardd Nice consolidation after a sell-off. Might stay choppy for a little bit but eventually it will run.
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Big Red
Big Red@RedGrindingHood·
@BMONEY0329 They might do irreversible damage to the project if they keep dumping
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BMONEY
BMONEY@BMONEY0329·
@RedGrindingHood Team inflating the supply and selling to pay themselves, I can’t lie they probably have the best tech but not paying people for doing content, they took my money. I rather stash my money where these two things aren’t happening.
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Big Red
Big Red@RedGrindingHood·
$CELL chart is even worse, damn. It even broke past my indicator and that is RARE. What this means is that it is going to bleed in ways you won't be able to fathom. OR If you buy now, you will make a lot of money just from recovery. Basically an easy 5x-7x , but do understand that it's catching a falling knife at this point. But based on the quarterly shape which is the 2nd image. You can expect the bottom to be $0.028 - $0.041 with decent confidence. So catching the knife here may not be too bad. But do understand it can stay at that bottom for some time.
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Big Red@RedGrindingHood

$QANX on the other side has a HORRIBLE chart, it has the potential to go -87% all the way down to $0.0016 THIS YEAR. To prevent that, it needs to form strong support exactly where it is now. So that probably means chop for a while. And if it pumps, you could get a 3x and then we go back down so keep that in mind as a trade instead of blindly holding till valhalla I am honestly shocked with this chart. For the shit trading volume $QRL gets, I must say that it's extremely positive volume... Take that as you want, but it surely has to be a sign of something. $QANX volume is slightly better but it all seems to be negative volume. Crazy. If the negative volume continues, this chart is doomed.

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Big Red
Big Red@RedGrindingHood·
Also wanted to say that $QRL either has a very very bullish chart and we could see $6 to $10 organically... without a bull market or quantum narrative fuelling it OR It is overextended and needs to retrace to around $0.50 if you held a gun against my head and forced me to pick, I would lean towards the $0.50 target But the first scenario is still possible. Very very very plausible. I will keep updating you guys. The main thing to look for is bullish invalidation and breaking out of it's structure which is rather narrow so it would be kinda obvious if it is turning bearish. First chart uses Wolf Trap [Alpha] Second chart uses Wolf Trap [Omega] Just codes for different fibonacci techniques
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Big Red@RedGrindingHood·
Keep eyes on the 2 new $BTC targets. I had a long open from the time we used the EMA as support, but I opened the long to get small profits from hitting the blue highlighted line. I didn't go too heavy because I obviously expected it to be a smaller trade but will now keep eyes open on the new numbers coz why not. My main trade for this month is still going to be the $TAO short which I will keep open even if bitcoin shoots for $85k. I feel there's a huge chance there's gonna be an imbalance between them and I am willing to break even on that bet.
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Big Red@RedGrindingHood·
So to summarise my recent technical analysis $QRL - EXCELLENT structure $QANX - Horrible structure $CELL - Fatal structure You know, when it comes to projects... as much as fundamentals can be do or die, structure matters more than some of you can imagine.
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Big Red
Big Red@RedGrindingHood·
$QANX on the other side has a HORRIBLE chart, it has the potential to go -87% all the way down to $0.0016 THIS YEAR. To prevent that, it needs to form strong support exactly where it is now. So that probably means chop for a while. And if it pumps, you could get a 3x and then we go back down so keep that in mind as a trade instead of blindly holding till valhalla I am honestly shocked with this chart. For the shit trading volume $QRL gets, I must say that it's extremely positive volume... Take that as you want, but it surely has to be a sign of something. $QANX volume is slightly better but it all seems to be negative volume. Crazy. If the negative volume continues, this chart is doomed.
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Big Red@RedGrindingHood

Also wanted to say that $QRL either has a very very bullish chart and we could see $6 to $10 organically... without a bull market or quantum narrative fuelling it OR It is overextended and needs to retrace to around $0.50 if you held a gun against my head and forced me to pick, I would lean towards the $0.50 target But the first scenario is still possible. Very very very plausible. I will keep updating you guys. The main thing to look for is bullish invalidation and breaking out of it's structure which is rather narrow so it would be kinda obvious if it is turning bearish. First chart uses Wolf Trap [Alpha] Second chart uses Wolf Trap [Omega] Just codes for different fibonacci techniques

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Big Red
Big Red@RedGrindingHood·
Yummy yummy, my 6 figure $TAO profit is coming :) Also note: there's been moments I wanted to just take the small profit and leave the trade because I was afraid it would reverse. But from years of using my indicator, I know better to doubt the structure. We might not get the full run here, but point is that we got a full clean trade. And to give you a lesson on structure, if the subnet problem happened where I got the blue tick, we would have likely doom wicked but recovered back inside the diamond shape. Then we would just chop inside. But because the issue happened at the top of an open structure, it's far more likely to climb its way down because there is nothing to catch it. Even the EMA couldn't catch it because: Structure > EMA But that's a bit on the complex side and context matters.
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Big Red@RedGrindingHood

In amazing trade positions, itty bitty candles like this is where the doubt starts. The trick is to ignore it and let the full thesis play out whether it results in invalidation or a win. I am convinced this $TAO short can make me 6 figures. I would rather break even or lose some money than miss this type of structural trade.

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Big Red
Big Red@RedGrindingHood·
>be $XRP maxi >2017, just discovered crypto >bitcoin seems cool but too expensive >find XRP >it's only $0.20 >basically free money >read that banks are going to use it >banks. BANKS. >this is the one >go all in >price moons to $3.84 >I'm a genius >don't sell >why would I sell something going to $100 >$100 is the floor actually >price drops to $2 >buy the dip >price drops to $1 >buy the dip again >price drops to $0.50 >running out of dip money >price drops to $0.20 >back where I started >doesn't matter, zoom out >I am zoomed out >it still looks bad >zoom out further >now I can't read the chart >perfect, bullish >join XRP twitter >find my people >guy named CryptoDigitalAssetInvestor says $589 is programmed into the ISO 20022 protocol >don't know what ISO 20022 is >doesn't matter, sounds official >another guy with a riddler profile pic posts cryptic messages >decodes them with the community >"the second letter of every word spells RIPPLE MOON SOON" >it actually spells RMLPOE ONSN >close enough >bearableguy123 posts a picture of a bear holding a briefcase near a clock >the clock says 5:89 >$589 CONFIRMED >screenshot it before he deletes it >he deletes it >this is bigger than we thought >SEC sues ripple >price tanks >the group chat says this is actually bullish >being sued by the federal government is bullish >everything is bullish >a meteor could hit ripple headquarters and someone would say "bullish, insurance payout" >wait 3 years for the case to resolve >3 years of "any day now" >finally get a partial victory >XRP is not a security when sold on exchanges >it IS a security when sold to institutions >so it's schrodinger's security >doesn't matter WE WON >price rockets from $0.47 to $0.92 >nearly a 2x >THIS IS IT >THE BEGINNING OF THE $100 RUN >don't sell obviously >why would I sell at $0.92 when it's going to $1000 >that would be like selling bitcoin at $1 >$0.92 IS our $1 >tell everyone I know >post victory laps on twitter >"told you so" to everyone who doubted >feel alive for the first time in 3 years >check price next week >$0.80 >it's just cooling off >check price the week after >$0.65 >consolidation before the next leg up >check price a few weeks later >$0.47 >exactly where it started >won a federal lawsuit and the net result on price was precisely zero dollars and zero cents >a perfect round trip >like the case never happened >3 years of legal battle >millions in legal fees >the most watched crypto case in history >and the chart looks like someone went on a road trip and came back home >the only asset in history to win against the SEC and break even >someone in the group chat says "imagine where it'll be WITHOUT the SEC case hanging over it" >brother I don't have to imagine >it's $0.47 >it was $0.47 before the case >it's $0.47 after the case >XRP's true calling isn't global finance it's price stability >it's a stablecoin pegged to disappointment >still bullish though >time to do the math on $100 XRP >55 billion tokens in circulation >times $100 >$5.5 trillion market cap >that's larger than Apple, Microsoft, and Google combined >for a coin that went on a round trip to $0.92 and called it a victory >doesn't matter, you don't understand utility >someone in the group chat says $100 is actually conservative >conservative >$5.5 trillion is conservative >the entire crypto market has never been $5.5 trillion >XRP alone will be bigger than all of crypto has ever been >a coin that can't hold $1 will be worth $5.5 trillion >it couldn't hold $0.92 for two weeks but sure $100 is the floor >makes sense if you believe hard enough >I believe hard enough >but wait there's more >$1000 XRP is the real target >do the math >$55 TRILLION market cap >that's roughly half the GDP of the entire planet >every human on earth would need to invest $7,000 into XRP >including babies >including uncontacted tribes in the amazon >especially including uncontacted tribes in the amazon >they're early adopters they just don't know it yet >someone says market cap doesn't apply to XRP >ask why >"because it's a utility token" >oh okay >so the rules of math don't apply because you called it something different >like calling a candle a "photon utility device" and expecting it to light up a stadium >nod in agreement anyway >another guy says the price will be set by the liquidity needed for global remittances >global remittance market is $800 billion per year >XRP at $1000 would be worth 68 times the entire annual remittance market >so every dollar sent through Western Union needs to be backed by $68 of XRP >for reasons >don't question the reasons >someone posts a thread about how SWIFT processes $5 trillion per day >"if XRP captures even 10% of SWIFT" >if my grandmother had wheels she'd be a bicycle >but go on >"each token would need to be worth thousands" >the word "need" is doing $55 trillion worth of heavy lifting in that sentence >bitcoin hits new all time high >ethereum hits new all time high >solana does a 100x >dogecoin, a literal joke, outperforms my investment >a coin with a picture of a dog on it is beating the future of global finance >doesn't matter, XRP hasn't had its run yet >it's been 8 years >the run is coming >ripple partners with a bank in cambodia >"THIS CHANGES EVERYTHING" >it changes nothing >they're using the software not the token >doesn't matter, foot in the door >ripple partners with a money transfer service in the philippines >"ADOPTION IS HERE" >the transaction volume is roughly what a mid-sized Wendy's does on a Saturday >but it's growing >youtube video explains that all the world's debt will settle on XRP >$300 trillion in global debt >at $1000 per token that's only 300 billion tokens >there are only 100 billion tokens total >"this means XRP needs to be $3000 MINIMUM" >$3000 >$165 trillion market cap >that's the value of every stock, bond, piece of real estate, and gold bar on earth >all for a token that couldn't hold 92 cents >for one cryptocurrency >that currently processes fewer transactions per day than a Costco checkout line >doesn't matter, future state >guy in the group chat says $10,000 per token is possible >$10,000 >pull out calculator >$550 trillion >that is more money than exists >not more money than exists in banks >more money than exists in the concept of money >you would need to invent new money to buy XRP at that price >"the money will flow in from institutional adoption" >institutions saw it pump to $0.92 and dump back to $0.47 after winning a landmark case >institutions are good at math >this is why institutions aren't here >someone posts a graphic comparing XRP to the internet in 1997 >"you are here" with an arrow pointing to the bottom of a hockey stick chart >we have been "here" since 2017 >we have not moved on the hockey stick >we ARE the flat part of the hockey stick >doesn't matter, patience >check portfolio >up 14% over 8 years >savings account would have done better >index fund would have 2x'd >literally any other top 10 coin would have retired me >but none of them are going to $1000 >XRP is going to $1000 >well not yet >but $100 first >well not yet >but $10 first >well >we tried $1 once >for about 11 minutes in 2018 >and again for about 3 weeks in 2023 if you squint >the $0.92 was close to $1 >and from $1 to $1000 is only a 1000x >bitcoin did a 1,000,000x >so actually 1000x is conservative >there's that word again >conservative >brad garlinghouse goes on CNBC >says something vague about institutional adoption >we treat it like the sermon on the mount >parse every word >"he blinked twice when he said partnerships" >"that means two major banks by Q2" >Q2 comes and goes >no banks >Q3 then >girlfriend asks about my crypto investment >explain that when XRP hits $100 we can buy a house >she asks when >soon >define soon >within my lifetime probably >she asks how much I'm up >tell her about the SEC victory >she asks how much I'm up >tell her about ISO 20022 >she asks how much I'm up >fourteen percent >she leaves >doesn't matter, when XRP hits $1000 she'll come back >at $1000 per token I'll have $200,000 >life changing money >could have had $200,000 by putting it in index funds over 8 years >but that wouldn't have the STORY >and what a story it is >invested in the future of global finance >watched it go from $0.47 to $0.92 back to $0.47 >like a financial ECG showing a single heartbeat before flatlining >new guy joins the group chat >asks "what's a realistic price target" >someone says $100 minimum >someone says $1000 end of cycle >someone says $10,000 by 2030 >someone says $35,000 >$35,000 >at $35,000 per token XRP would be worth roughly $2 quadrillion >we would need to colonize other planets just to find enough economy to justify that price >martian banks will use XRP >this is actually a talking point in the group chat >I wish I was joking >new guy asks "but what about market cap" >we all type "market cap doesn't matter" simultaneously >like a cult but with worse returns >new guy asks "but it couldn't even hold $0.92" >we kick him from the group chat >we don't talk about the $0.92 >we talk about the $1000 >add him back >tell him about the riddler >tell him about $589 >tell him about ISO 20022 >tell him banks are coming >banks have been coming for 8 years >banks are the edging champions of the financial world >his eyes glaze over >he's one of us now >open twitter one last time before bed >"XRP to $1000 is not a question of if, it's a question of when" >it's also a question of basic arithmetic >but we don't talk about that >like and retweet >go to sleep >wake up >check phone >XRP is moving >like actually moving >not the usual 2% up 3% down nothing >real movement >$0.80 >$1.20 >$1.80 >$2.50 >am I dreaming >pinch myself >$3.00 >IT'S HAPPENING >THE PROPHECY >group chat is losing its mind >all caps everything >guys who haven't posted in 2 years suddenly appear >"TOLD YOU" >"$589 WAS ALWAYS THE PLAN" >"WHO'S LAUGHING NOW" >$3.40 >$3.65 >nearly the all time high from 2018 >7 years of waiting and we're back where we started >but this time is different >this time it's going PAST the all time high >this is just the beginning >$100 is INEVITABLE now >do the math >we just need a 27x from here >bitcoin did way more than a 27x >$100 is basically guaranteed at this point >conservative even >THERE'S THAT WORD AGAIN AND THIS TIME I BELIEVE IT >someone in the group chat already quit their job >at $3.65 >he quit his job at $3.65 >with $4,000 worth of XRP >told his boss "the banks are coming" >his boss does not understand >his boss will understand at $100 >start browsing houses >nothing crazy, just a nice 4 bedroom >at $100 per token I'll have $2 million >at $1000 I'll have $20 million >screenshot a listing and send it to my ex >"this one has a pool" >she doesn't reply >she will at $100 >call my dad >"remember when you said crypto was a scam" >"it's at $3.65" >he says that's nice >he doesn't understand this is the LAUNCHPAD >$3.65 is not the destination >$3.65 is the airport >$100 is the destination >$1000 is first class >don't sell >obviously don't sell >selling at $3.65 when it's going to $100 is like leaving a movie during the opening credits >check price next day >$3.40 >normal pullback >check the next day >$2.90 >healthy consolidation >check the next week >$2.30 >shaking out weak hands >I am not a weak hand >I held from $3.84 to $0.20 >these hands are forged in the fires of 8 years of disappointment >$1.80 >okay >$1.50 >okay okay >$1.35 >the group chat has gone quiet >the guy who quit his job is not posting >hope he's okay >he's probably not okay >delete the house screenshot >ex still hasn't replied about the pool >probably for the best >look at my portfolio >bought most of my stack between $0.20 and $1.00 >average cost basis somewhere around $0.60 >XRP is $1.35 >wait >I'm in profit >actually in profit >real green numbers on the screen >not the fake green from a 2% bounce that disappears by morning >real, actual, genuine profit >after nearly a decade >first time since January 2018 >I should feel good >I do feel good >sort of >I'm up about 125% >in almost 10 years >the S&P 500 did about the same in that time >without the riddler >without the SEC lawsuit >without bearableguy123 >without a single group chat argument about market cap >just boring index fund returns but with 10 years of emotional damage >doesn't matter >I'm in profit and $100 is still coming >just need to wait a little longer >been waiting since 2017 >what's a few more years >or decades >the banks are still coming >they're just running late >8 years late >but coming >open twitter one last time >"$3.65 was just the appetizer, $100 is the main course" >like and retweet >I have been eating appetizers for a decade >I am full of appetizers >the main course is not coming >but I will be here when it does >set alarm for 6am >the riddler posted again >it's a picture of a sandwich >$1000 confirmed
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Big Red@RedGrindingHood·
@THEHANDOFSHIVA @xmr_jake Say in 2 cycles almost for sure. Possibly in 1 cycle with the quantum narrative just slightly warm
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luis
luis@THEHANDOFSHIVA·
@xmr_jake Whats the timeframe on there?
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jake
jake@xmr_jake·
$QRL trajectory
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Red Zero 🐰
Red Zero 🐰@giaphuoc06a1·
@saidohilbert33 @xmr_jake 7 years of development, core team still develop it to QRL 2.0 which is EVM-compatible No exaggerated marketing, I do my own research with AI to know this project No close-source, so I check my own research about their code Using ML-DSA and XMSS, NIST approved
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Big Red@RedGrindingHood·
>be me >crypto bro >someone mentions quantum computing >"lol that's decades away" >been saying decades away for a decade >the decades are getting shorter >doesn't matter, FUD >everything I don't like is FUD >rain is FUD >gravity is FUD >the laws of physics are bearish propaganda >someone posts an article >"Google achieves quantum supremacy with new chip" >read the headline >don't read the article >never read the article >comment "this changes nothing for crypto" >couldn't explain how public key cryptography works if my life depended on it >and it kind of does >my entire net worth is protected by math that quantum computers are specifically designed to break >but vibes say we're fine >vibes have never let me down >except financially >and romantically >and professionally >but not on quantum >on quantum the vibes are solid >guy in the group chat explains elliptic curve cryptography >explains how Shor's algorithm breaks it >explains that every wallet with a known public key is vulnerable >I type "lol just move your coins to a new wallet" >he says that doesn't solve the problem during transactions >I type "lol" >strong counterargument >someone mentions $QRL >Quantum Resistant Ledger >literally built from the ground up to survive quantum computing >been around since 2018 >uses hash-based signatures that even a quantum computer can't touch >"lol never heard of it" >brother you're in a group chat about quantum threats and you've never heard of the one coin specifically designed for this >"sounds like a shitcoin" >it's purpose-built quantum-resistant blockchain infrastructure >"yeah shitcoin" >market cap smaller than a mid-tier NFT collection of cartoon apes >because the market would rather bet on a picture of a monkey than on surviving the quantum apocalypse >priorities >someone says Bitcoin will just upgrade to quantum-resistant algorithms >oh just upgrade >just casually upgrade the most contentious decentralized network on earth >these people couldn't agree on block size for 4 years >but they'll seamlessly migrate to post-quantum cryptography overnight >no big deal >like updating an iPhone >except the iPhone has 100 million users who all need to move their funds >and some of them are dead >and some of them lost their keys >and Satoshi's million bitcoin are sitting in wallets with exposed public keys >one quantum computer and Satoshi's coins move >the market would collapse so fast it would create its own gravitational field >but sure "just upgrade" >another guy mentions $CELL >says it's building quantum-resistant infrastructure >look at the chart >actually looks interesting >"nah I'll stick with Litecoin" >Litecoin >a coin that has the exact same quantum vulnerability as Bitcoin >but you prefer it because you've heard of it >familiarity over survival >the human species in a nutshell >someone else brings up $QANX >quantum-resistant layer 1 blockchain >multiple programming languages >post-quantum cryptography baked in from day one >"what's the market cap" >"small" >"pass, I only buy top 50" >the top 50 are all going to get shredded by quantum computing >but they have nice logos >and they're on Coinbase >and that's what matters apparently >not surviving >being on Coinbase >IBM announces 1000+ qubit processor >doesn't matter, error correction isn't there yet >this is true >for now >the "for now" is doing a lot of work >"for now" is holding up my entire financial future like a toothpick under a piano >google posts a paper on error correction breakthroughs >doesn't matter, still need millions of qubits to break crypto >today >today you need millions >Moore's law entered the chat >quantum computing isn't even on Moore's law >it's on something worse >something exponential >qubits doubling faster than my anxiety >but sure it's decades away >check crypto twitter for reassurance >"quantum computing is a nothing burger for Bitcoin" >posted by a guy with laser eyes who bought at $60k >he also said $100k by December 2021 >his track record on predictions is not strong >but I trust him on quantum physics >a field he learned about from a youtube thumbnail >someone posts "Bitcoin has survived every FUD" >brother Bitcoin has never faced an adversary that can factor prime numbers in minutes >it survived China banning it >it survived Elon tweeting about it >it has not survived a machine that can reverse the mathematical foundation it's built on >because that machine didn't exist yet >key word YET >$QRL guy comes back >"you know QRL already solved this right" >"XMSS signatures, provably quantum secure" >"been running for years with zero issues" >look at QRL's market cap >look at Dogecoin's market cap >a dog meme is worth 1000x more than the solution to the biggest existential threat to crypto >the market is efficient >the market is rational >the market chose the dog >someone asks what everyone is holding >"BTC, ETH, LTC, SOL" >all quantum vulnerable >"anyone holding quantum resistant coins?" >silence >tumbleweed >a cricket >one guy quietly says "$QANX" >everyone laughs >"enjoy your shitcoin bro" >he will enjoy his shitcoin when their coins are getting drained by a quantum computer in a government basement >and his shitcoin is the only thing still standing >but for now he gets laughed at >the $QRL and $CELL guys are in a group chat together >there are 11 people in it >they are technically correct about everything >nobody cares >being right and being profitable are not the same thing in crypto >the market rewards vibes and punishes preparation >government agencies are pouring billions into quantum research >the NSA, GCHQ, China's quantum program >these are not people who invest billions for fun >they want to break encryption >ALL encryption >including the encryption between you and your 0.4 bitcoin >"but they'd go after banks first not crypto" >oh great so the entire financial system collapses AND my bitcoin is worthless >much better >truly a comfort >NIST already released post-quantum encryption standards >the US government is already preparing >major banks are already preparing >tech companies are already migrating >crypto is posting memes about it >the projects that actually built quantum resistance - $QRL, $CELL, $QANX - have a combined market cap less than Bored Ape >the market has decided that a jpeg of a monkey in a sailor hat is more valuable than cryptographic survival >this is the efficient market hypothesis at work >everyone who actually understands the math is worried >everyone who doesn't understand the math is posting "few understand" >correct >few understand >including you >especially you >guy says "quantum will break banks too so it doesn't matter" >banks have centralized systems they can upgrade overnight >crypto has decentralized governance that takes 3 years to agree on a font change >these are not the same >"quantum resistant coins already exist" >YES THAT'S WHAT WE'VE BEEN SAYING >$QRL EXISTS >$CELL EXISTS >$QANX EXISTS >"nah I mean Bitcoin will add it" >I'm going to scream >the coins that ALREADY HAVE quantum resistance are "shitcoins" >the coin that DOESN'T have it and MIGHT add it in a DECADE is "the future" >explain this logic >you can't >nobody can >but BTC has a bigger market cap so it must be right >size equals safety >the Titanic was big too >someone says "I'd rather hold Litecoin than any of those quantum coins" >Litecoin >LITECOIN >a coin that is literally just Bitcoin but faster >with the EXACT SAME quantum vulnerability >you're choosing the slightly faster version of the thing that's going to break >like picking the nicer deck chair on the Titanic >"yeah but Litecoin is on every exchange" >ah yes, availability >the thing that will matter when a quantum computer is draining your wallet >"at least I could sell easily" >you'll need to sell easily when your private key is reverse-engineered in 4 seconds >but sure >Litecoin >the quantum-safe play is Litecoin >because Charlie Lee tweeted once >the real cope is "they'll just keep it secret and use it for military purposes" >oh so a secret quantum computer exists that can break crypto >and your plan is that they'll choose not to use it >because they're nice >governments famous for being nice >especially about money >wake up in a cold sweat >2am >open laptop >google "how many qubits to break Bitcoin" >read that estimates range from 2000 to 4000 logical qubits >with error correction that's maybe 10-20 million physical qubits >current quantum computers have around 1000 >that's only a 10,000x improvement needed >sounds like a lot >took classical computers about 20 years to do a 10,000x improvement >quantum is moving faster >maybe 10-15 years >some estimates say sooner >I plan to hold my crypto for 20+ years >the timeline of "quantum will break crypto" and "my investment horizon" are overlapping >like a Venn diagram of financial ruin >briefly consider buying some $QRL as a hedge >look at the chart >look at the community >12 guys on telegram who actually understand lattice-based cryptography >they're all right >they all have small bags >being early to quantum resistance is like being early to a party that hasn't been announced yet >nobody's coming because nobody believes there's going to be a party >until the quantum computer shows up >then everyone will want in >and the 12 guys on telegram will be the only ones at the door >nah forget it >buy more Litecoin instead >close laptop >open twitter >"quantum FUD is the new China FUD" >like and retweet >this is not the same as China FUD >China FUD was a country banning a thing >quantum FUD is mathematics becoming a weapon aimed at the foundation of your technology >and the coins built to survive it are right there >sitting at $40 million market cap >begging you to pay attention >you won't >you'll buy Litecoin >but the tweet got 4000 likes so it must be right >go back to sleep >portfolio is fine >for now >there's that phrase again >for now >everything in crypto is fine "for now" >my wallet is secure "for now" >my keys are safe "for now" >my financial future exists "for now" >"for now" is the unofficial slogan of cryptocurrency >right after "few understand" >and "we're still early" >we are early >early to a building that is eventually going to be on fire >the fire extinguishers are labeled $QRL $CELL and $QANX >we walked right past them >bought a Litecoin poster instead >hung it on the wall >the wall that is going to be on fire >but it looks nice for now >check portfolio one last time >still up >still safe >for now >post "quantum is at least 20 years away" on twitter >I posted this in 2019 >it's now 2026 >the 20 years is now 13 years >next year it'll be "at least 20 years away" again >the goalpost has wheels >the goalpost has a motor >the goalpost is moving faster than my portfolio >and definitely faster than Litecoin's development roadmap >doesn't matter >bitcoin fixes this >somehow >not with quantum-resistant cryptography >not by learning from $QRL or $QANX or $CELL >just somehow >laser eyes and belief >the same strategy humanity has used for every problem it failed to prepare for >goodnight
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