RE: Second patent application15 Aug 2023 10:31
"Bluepanther- the two i have filtered are Fleecy and Bobcat."
Because you have little defence over our arguments. Like I said, I don't like Bitcoin and I view the recent institutional pumping as an attempt to bail out some mega whales, whose potential losses may impact some big financial players. As far as QBT, nobody can be blamed for being sceptical:
They started out as a leisure company and jumped onto a Crypto bandwagon, as it was approaching its peak, with a name using buzzwords known to invoke fanboy enthusiasm.
Since they identify themselves as an "R&D" company, it gives them a lot of space to rack up losses with little accountability or measurable targets
Considering they've been developing their "product's" for a few years now, in all their updates they haven't indicated any solid revenue pipeline's, and their advertised performance gains have been described as "theoretical"
As far as I can tell their teams consist of part timers, who contribute in their spare time to develop the product's, including the named inventor of their patent awaiting re-examination
Each halving reduces the reward, so there's a race to mine faster before each halving; In the race to develop ever faster tech sooner rather than later, QBT are competing against big budget Billion dollar companies on a shoe string budget.
QBT may have a killer product and make huge profits going forward, but they could just as easily fall flat; I'm just listing reasons why I'm sceptical.
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