Bitcoin gone FUCK!

Chase

Chase

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GOOGLE WARNS: QUANTUM COMPUTERS COULD CRACK BITCOIN MUCH FASTER THAN EXPECTED

Encryption could break in under a week​


 
That means what ah? Using quantum computing can steal Bitcoin? But quantum computers not operating yet.
 

Institutions are preparing to dump Bitcoin, BlackRock moves $560M in Bitcoin to Coinbase​


 
imagine these 2 clowns are bitcoin investors.........haha...anyway the price is now 105k, it may go 150k who knows, its a free market, buy it if you dare or sell it if u dare also...... i dont have the balls to buy it years ago

 
Last edited:
Bitcoin is not crashing..yet.:
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Recent reports, including posts on X, highlight concerns about quantum computing’s potential to disrupt Bitcoin’s cryptographic security, specifically referencing Google’s research. The claim is that quantum computers could crack RSA encryption (used in some crypto wallets and legacy systems) with fewer qubits than previously estimated—potentially under 1 million noisy qubits in less than a week, compared to earlier estimates of 20 million qubits. While Bitcoin primarily uses ECDSA (Elliptic Curve Digital Signature Algorithm) rather than RSA, quantum advancements could theoretically threaten ECDSA as well, raising fears of a Bitcoin crash. Let’s break this down to assess the likelihood and timeline of such a crash.

Quantum Computing Threat to Bitcoin​

  • Google’s Findings: Google researcher Craig Gidney’s study suggests that breaking a 2048-bit RSA key could require fewer qubits (under 1 million) than previously thought, potentially achievable in under a week with advanced quantum systems. This is a significant reduction from earlier estimates, signaling faster-than-expected progress in quantum computing.
  • Bitcoin’s Cryptography:
    • Bitcoin relies on ECDSA for securing private keys and transaction signatures, and SHA-256 for mining and hashing. While RSA is not used in Bitcoin’s core protocol, ECDSA is vulnerable to quantum attacks via Shor’s algorithm, which could derive private keys from public keys if a sufficiently powerful quantum computer exists.
    • A quantum computer would need an estimated 1,500-4,000 logical qubits (or millions of noisy qubits with error correction) to break ECDSA for Bitcoin’s 256-bit elliptic curve in a practical timeframe, per cryptographic research (e.g., NIST, 2023).
  • Current Quantum Capability: As of 2025, quantum computers are far from this threshold. Google’s quantum systems (e.g., Sycamore) and others (e.g., IBM, IonQ) operate with ~50-400 noisy qubits, with logical qubits (error-corrected) in the single digits. Breaking ECDSA remains years away, with estimates ranging from 2030 to 2035 for sufficient quantum power, per experts like Paolo Ardoino.

Will Bitcoin Crash Soon?​

  • Immediate Risk (2025-2026):
    • Unlikely: Quantum computers capable of breaking ECDSA are not yet operational. Current systems lack the scale and error correction needed, with even Google’s advancements indicating a future threat rather than an imminent one.
    • Market Sentiment: X posts reflect fear (e.g., BlackRock’s warning about quantum risks to Bitcoin’s viability), which could trigger short-term price volatility if panic spreads. However, Bitcoin’s price is more influenced by macroeconomic factors (e.g., interest rates, ETF inflows), regulatory news, and adoption trends than speculative quantum fears.
    • Historical Resilience: Bitcoin has weathered similar “doomsday” predictions (e.g., regulatory bans, energy critiques) without crashing. Its price as of June 2025 (~$80,000-$100,000, based on recent trends) remains driven by demand, halving cycles, and institutional interest, not quantum speculation.
  • Medium-Term Risk (2030+):
    • If quantum computers reach ~1,500 logical qubits by 2030, they could theoretically crack ECDSA, compromising Bitcoin wallets not upgraded to quantum-resistant algorithms. This could lead to stolen funds and loss of trust, potentially causing a crash if unprepared.
    • Mitigation: The Bitcoin community is aware of this. Developers are exploring quantum-resistant algorithms (e.g., lattice-based cryptography, NIST’s post-quantum standards). Transitioning to new address types (e.g., quantum-safe signatures) before a serious threat emerges is feasible, as noted by Tether CEO Paolo Ardoino. Users would need to move funds to updated wallets, a process Bitcoin’s history of upgrades (e.g., SegWit) supports.

Factors Affecting a Crash​

  • Quantum Progress: If breakthroughs accelerate (e.g., Google or IBM scaling to millions of noisy qubits by 2028), the timeline could shorten, increasing risk. But experts like Capriole Investments suggest quantum computing’s impact is still distant, despite its potential.
  • Market Reaction: Sensational headlines (e.g., “Quantum computers could kill Bitcoin”) may cause temporary dips, as seen in past FUD (fear, uncertainty, doubt) events. A crash would require a credible, imminent quantum attack, which isn’t the case in 2025.
  • Proactive Measures: Bitcoin’s open-source nature allows upgrades. Post-quantum cryptography could be implemented via a soft fork, protecting funds if adopted early. Most wallets (e.g., those using P2TR or Taproot) already reduce public key exposure, limiting quantum risks.
Conclusion

Bitcoin is unlikely to crash soon due to quantum computing. Google’s research highlights a long-term threat, but current quantum systems (under 1,000 noisy qubits) are far from breaking ECDSA, likely requiring 5-10 years to pose a real risk. Short-term price drops could occur from market panic, as seen in X posts, but fundamentals (e.g., halving, adoption) are stronger drivers. The Bitcoin community has time to adopt quantum-resistant cryptography, mitigating future risks. For updates, monitor crypto news (e.g., Cointelegraph) or Bitcoin developer forums (e.g., Bitcoin Core GitHub). If you hold Bitcoin, use modern wallets (e.g., Taproot) and stay informed about protocol upgrades.
----------------- Source: Grok AI using real-time data.
 
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