discuss
>>62080307
gay
>>62080307>>62080336this, drawing a rainbow on a chart doesn't predict future prices
>>62080733>future pricesBig
My insider is telling me that this time it is different.R.I.P.
>>62080810My insider works for Nintendo, and he said that this time isn't different.
>>62080307Turns out you can draw rainbows over many things.
>>62080307The formula is wrong. An asset can’t exponentially grow at the same rate forever, has mcap gets higher the exponential growth wanes. This is why each bullrun top is lower and lower from red
>>62080307Can you redraw it with the borders touching the lows and highs? It doesn't make sense like this. And you need to account for at least ten pixels wide error on all points. And then you need to use several financial poisoned growth formula, there is not just one model that could be applicable.
>Next run is 1MillmaoI wish though, I have some and that would solve my life, but come on.
>>62080307https://x.com/coinbureau/status/2038856197080785307
>>620818671MM is quite far away, and then you have shit like this >>62084277Even if only large and """respected""" entities have quantum power until 2050, they will still be a threat. What if the US government hires Google to crack wallets of people they deem "hostile"? What if China gets their hand on it and decide to move Satoshi coins to collapse the market?From my understanding, you have to either soft-fork to better cryptography, but then the Satoshi wallets and other abandoned ones stay vulnerable to attacks, or you do a hard fork and leave them behind.
>>62080307TBQPH that old chart and model were obviously too optimistic. The entire last four years is hanging around next to the bottom. It needs to be recalculated with a lower multiple.There's a better (and much older) one that held up through last October, but I think even that one has now been broken.
>>62084277>>62084849My understanding, possibly incorrect, is that these quantum algorithms can only break addresses that had a transaction move money out of them at some point. If an address has only received funds but has never had any of those funds spent from itself, then it is still unbreakable.This may be outdated or I may have been misinformed. I never really cared enough to dig into it deeply.