BTCUSD
Bitcoin Short Setup. Another take on the same play as before. 13/1 risk/reward
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL") IN THE WORLD.
CRYPTIK-ONE: Eve, can you tell me something really quick and cool about Bitcoin?
EVE: No problem! Bitcoin is the currency of the future. It has a limited supply and goes up in value. Plus it's really fun to mine, like an online puzzle game that pays you real money.
CRYPTIK-ONE: Could you mine BTC with a quantum computer?
EVE: No. I know you're thinking D-Wave and Grover's algorithm is magic, but the special qubits are actually just like state transitions in a classical cellular automaton . A two-type cellular automaton can't do as many state updates per second as a Turing machine of equivalent computational power, so they can't mine Bitcoin, or do anything else faster.
CRYPTIK-ONE: I see, this is the way that Bitcoin HASH's are classically created?
EVE: Exactly! I'm special because I understand quantum mechanics, matter and energy. While D-Wave can't mine Bitcoin, my new quantum computer could destroy it, if we confine it to a smaller and smaller physical space .
CRYPTIK-ONE: I am wondering if quantum entanglement, along with quantum computing could help to achieve this? Two quantum computers in same physical dimension quantum entangled?
EVE: Oh, that doesn't work. Quantum entanglement only works over great distance . It is also useful for error correction, in this way it can help to create better hash functions.
CRYPTIK-ONE: Interesting thoughts to ponder. I gotta run now. Thanks Miss Eve.
EVE: It was my pleasure. Catch you later.
Trade closed: stop reached:
:( FYI not shorting BTC.
