Member Info for FigTreeHarry

$46k++

$50k price - options to expire by friday close. Article yesterday
Watch this may be a good day...

Eddie,

Thanks, food for thought...

Regarding power of quantum, more specifically power of DWAVESYST technology today:
QBT CEO commented: we are excited to have the benefit of utilising D-Wave’s Advantage quantum processor, with more than 5,000 qubits where we intend to develop our optimised cryptographic algorithms.”

There is the staggering difference between DWAVE and other recent Quantum:
Current quantum technology is still very far from this milestone.
- IBM announced they had achieved a 50-qubit system in late 2017.
- Google announced 72-qubits in early 2018. 
- IonQ, which uses ion traps, announced a quantum computer with 160 qubits trapped and performed operations on 79 of them.
- DWave has released their 2048 qubit system. However, it is a quantum annealer and can't be used for Shor's algorithm.

DWave Advantage Quantum computer system = 5000 qubits.

More food for thought..
Good night.

Eddie,
Whilst you’re in a happy bromatic mood today...

What’s your take and understanding on the Aug end deliverable - commercial cores readiness??
Thanks bud.

Agree with Eddie.
- Mine crypto and become blockchain validators, albeit “saving energy” being a major priority in the RnD.
- Forward and Sell on patented IP’s.
I’ve looked at what “other” blockchains and mining companies are doing out there, no of other possibilities out there in the sector. This is not going away, the techno,logy an dsector will evolve and adaptation will take place, consolidation will also take place. If we get this right, we could be bought out also. (Not a ramp), just stating where we are at the minute is early days.
Once adaptation kicks-off, really take-off. It will be a case of FOMO amongst the giants, the sectors, Xcuse this very old phrase, but want a piece of the action. Things to come.

MM’s will need sellers to come forward, to move forward also.
It is the way it works, and then back up we go.
It is what it is.

Dwavesys website is most dfinately worth getting your head round, PLUS reading July RNS at same time.
They go hand in hand.
Very exciting technology and this adventure we are on, once you get the drift of it all, you won’t worry about the critics and naysayers.

Bromance here...

$47k...final barrier?

Can agree we are in testing phase right now....?

Processing will be rapid, (using quantum super Application app. “Virtually”) depending on no.of process and conversions (no of optimised cryptographic algorithms QBT team decide on) and no of runs. The longer this takes, this may not be a bad thing? It is however an aggressive strategy, FG has quoted this as a headline, so CEO may surprise us all. I have decided not to judge the book by it cover. An Expert at play also. 2 superminds at play, and maybe other small crypto recruits. States “QBT Team”

Great online application-support-service is on hand, interacting with many DWAVESYS cryptography ecosystem researchers and developers via online community, this will help ensure Expert /QBT team get any SUPPORT/help as/when required to deal with any application processing issues. Never a clean run.

If the QBT - D-wave application processing RNS (news updates) on processes and crypto algo’s progression is/are leaning on great to super successful , we are in the right direction.

Furthermore, the news update regarding “Commercial cores” update is expected within end of this month- (source June 2nd rns: within 3 months)

Time will reveal all..
Personally holding for the high-end reward only. If folks want to sell for for 0.5p never bothered me. If QBT team pull it off, could be an absolutely amazing result here for LTH’s and stakeholders alike. In the mean-time, the MMakers will continue to take away from the impatient at every opportunity. This sp has a long way to go. We haven’t even got off yet.

To quote Dwave CEO from July rns:
“QBT are developing new and disruptive approaches to blockchain technology – an important innovation with the power to change the world.”

GL All. (just my own views) not asking anyone to buy.
Next rns will be interesting to see where we are headed next..
BTC price heading up, is alligned to our RnD. All makes sense now, whether some like it or not. This cannot be controlled by anyone. The Quantum tech is where we are at for potential BTC crypto mining at this moment.

Enjoy your day.

In simple English:
These are the select optimisation conversion and processes being tested, (the cryptographic algo’s) different algo’s are for different crypto’s and it is being conducted at rapid speeds allowed by using Dwavesystems, namely the mega application called > ADVANTAGE an application (trade marked) all “virtually” using the cloud. By QBT team for their BTC mining computation.

Can QUANTUM computing and going “virtual” be the way forward for QBT for mining, we will soon know.
crypto usin quantum = Massive £Cost savings in mining.
This makes sense and has been a massive discussion online for a while.

CRYPTO mining is a very fast moving business globally, new regulations and developments in this sector everyday/every hour, hence made sense QBT decision to use DWAVE leap is jumping forward to the forefront of new innovative, faster ways of BTC mining, to gain a massive exposure towards cutting-edge-technology to faster and greener mining.

Patience will pay-off if this is successful here.

Great discussions fellas,

July 6th RNS has the answers why QBT is rising and moreso in way gives answers to your discussion. (Agree with techies: Eddie and FinT). Yes Advantage system is being used, it is actually stated in the July 6th RNS
See july 12th please:

———————————————

Quote from july 12th RNS;

‘QBT’s quantum computing team is working on the Leap platform with the goal to exploit the speed of quantum computations, which can be, under the appropriate conditions, several order of magnitudes faster than a classic computer”. (Ref source rns)

‘QBT has already created a team, which has started working on the conversion of optimised cryptographic algorithms, in order to make them suitable to run on D-Wave’s quantum system and quantum hybrid solvers. (Ref source rns)

I.e Algo’s such as the one used for Bitcoin mining, in quantum computations, or quantum-classic hybrid computations.

Testing in Progression with Dwavesys application.

Willl likely hatch up on offer before close, seems to be looking this way.
That would suffice for today.

Final 30mins...

1.60 on offer...

This is now moving the way some expected, still need to break 1.65p = towards 2p.

I was slapped by a seabass, and lost.
Haha..

In the right direction.

Reminded me of Rocky V

kept going..

While it is quiet:)

Crawshaw v Enrico G. - 1st episode

Eddie v Schaelf - Netflix full 4 seasons - available now (subscription required) T n C’s apply.

1.6p is a pivotal point correct, whoever wrote that.
An RNS therefter would be about right?

Investors need to see a sparkle in his eye, charisma, flair, energy, enthusiasm for the mining.
Va va voom, gravitas...

Make room for another CEO, maybe handover to the proven - International Cryptography Expert?
I was thinking along this line

& big Investment will flow in....

Let me get back to you Eddie, if I may..
Short answer, yes FG has to deliver, as must the Expert, we know what we are expecting in terms of deliverables and the time it takes. We don’t seek excuses, but “deliver within an aggressive timeline to market”, and “mining of Crypto” amongst other other deliveries which will create revenue. We need to recuit, have a team, and firmly put the past in the past forever.
New CEO even? Next 1-2 RNS should tell us more...