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... to me Tyke , it was very apparent that he was referring to short term ( hourly / daly) price fluctuations and not the ultimate 'Share price goal' .... any team will be aware that the overall share price will improve ( significantly in some cases) with success and that success will derive from commercialisation ... the end goal for the team is very clear !

... and BTC halving ... thats what its all about !

( and eventually a surprise or two ... IMO ) !

....'I'll believe it when I see it. I haven't seen anything suggesting big miners are interested in QBT, the updates are all generalisations'

... so you think as the halving approaches and the net effect taht will have on a good few miners ; and that in itself wont have many looking for any improvements albeit SHA , energy savings etc ... dont be daft man ! they'd be foolish not to ... as for some wholesale 'refusal' ... thats just ludicrous ...

ps ... you dont know if any big or little miners are showing any interest ... they might well be doing so ... no one knows !

... all Miners are gonna be squeezed by the next halving, some to the wall ... they'll be linning up for any level of improvement to both the SHA & energy cost savings ,,, its prerfectly logical .... and the reason QBT is doing what its doing.... (amongst other things IMO) ,,,,

'...... what happens if the top miners just agree amongst themselves not bother with the software? Since if they all used it they'd be no better off as far as Block production's concerned, due to an increase in the difficulty level?

... this is the real world Fleccy .... as if the the above will ever happen .... never ever in a month of proverbial sundays would such thing occur .... and even if it did , then jambones answer applies ...

... 'the next level down miners ('will') use it and then become the top miners'

someone , somewheere will always take the leg up ( though they might say they wont ... they will !)

... Fleccy ... youre not interested in 'the outtcome' ... nothing like it .... youre just interested in finding potential holes in anything QBT does or may achieve ... otherwise go cogitate and theorise on a BTC chatboard ... as that would sunstanstiate your claims to 'just be interested ' in all things Bitcoin ... utter rubbish...

... you havent said one positive thing here since the start , so your'e clearly here just to 'rubbish it ' at every turn !

In the UK, the much larger inflationary spurt has made itself felt in wages and strikes. But the strikers are still stuck using the government’s money…

What if the government’s money had to compete with other options?

If nurses could denominate their wages in gold, then they would’ve been busy going shopping at David Jones with their gold pounds instead of protesting.

If train drivers had contracted to be paid in US dollars, they would be laughing all the way to the currency exchange. The pound is up 10% in two years and was up 22% at one point.

And the government would be the one struggling to make ends meet instead.Perhaps our politicians would go on strike…? All of this is just fantasy though. We’re stuck with the fiat pound. Not to mention its legacy financial system.

Isn’t it just typical of the government to not only force us to use its rather dodgy currency, which it can create out of thin air, but also to use the banking system which it regulates into uselessness?

Forcing us into an industry that is extraordinarily inefficient, incompetent, expensive and periodically goes bust is just outrageous. And yet, if you want to pay your taxes and participate in the modern economy, you have no choice. Your banker must get his cut too.

Heck, they can lend out the money you keep on deposit thanks to the government’s banking laws. Thankfully, the government’s deposit guarantee cleans up the mess this results in. But the problem is still the initial sleight of hand, even if it is legalised if your business has a banking licence bought from the government.

But let’s not go down that rabbit hole. Because we have some good news instead.

You see, competition is finally here. And it might just change everything. For better or for worse.

Bitcoin was created to compete with the fiat money financial system. Well, to outcompete it.

2008 reminded us that the banking system is liable to periodic implosions, just as 2022 reminded us that fiat money is liable to periodic inflationary bursts.

Bitcoin, by doing away with intermediaries like banks, and by having a pre-determined level of supply, did away with these downsides when it was launched in 2009.

It came with different downsides instead, of course. Although the primary weakness seems to be in the exchanges with the mainstream financial system.

The point is, people can now transact and do business in an alternative to fiat money. Innovation in the sector is making it ever more convenient too.

Already facing the threat of a faster, cheaper and easier transactions than via the banking system, governments have responded. Their plan is to launch CBDCs, which should be able to compete with cryptocurrencies by many measures. It’ll be the pound, but as snappy as britcoin. So competition has already forced the government and their shoddy banking system to wake up and smell the new millennium. But this is only the beginning. Because now that we have competition, government money

Why do people accept pieces of paper as money? What makes us believe we can spend numbers on a screen? Why do they believe such money has value? And what happens if any of that changes?

Questions like these didn’t really matter much to investors when we didn’t have a choice. It you wanted to buy, sell, get paid, invest and participate in the economy, you had to use the government’s money. And that was the end of it. No point arguing about it.

Indeed, people like me were who warned about the fickle nature of our financial system were routinely ignored. You can’t be something with nothing.

Sure, if the government completely mismanaged its currency, your only real alternative was to use another government’s money. That’s what happens when currencies break down. First people begin using foreign currencies in everyday transactions. And then governments are forced to abandon their own money and use someone else’s too – usually US dollars.

During the German hyperinflation, there was a clamour for foreign currencies. They gave Germans their only hope at preserving purchasing power and being able to conduct transactions without wheelbarrows.

Of course, the countries seeking reparations from Germany were clever enough to specify they’d be paid in goldmarks, not papiermarks. But the German citizens got stuck with the paper money. Which eventually became worth more as paper than money.

No wonder they clamoured for Swiss francs and US dollars. But those were still just another form of fiat money – money by decree of a government. Their value eventually fell by ninety something percent over subsequent decades. Since the 90s, when inflation targeting was invented, that goal even became an official one. It’s just a question of how long it takes, these days.

Back to our topic – the questions we began with. Believe it or not, economists’ answer to the question of why we accept such valueless government money is surprisingly simple: taxes.

If you must pay taxes to avoid being put in prison, and the government defines how those taxes are to be paid (in their government money), then the obvious response is to use that form of money in all transactions. Otherwise you could be caught out without enough government money to pay off the government. Not to mention the accounting challenge of using any other currency to figure out your taxes…

Thus, fiat money rules by fear and convenience. A powerful combination, as those working from home since 2020 now know.

But lately, people are beginning to fear fiat money’s loss of value. It’s becoming a real pain in the neck too.

Companies that contracted work are facing huge cost spikes due to inflation. In Australia, not a week goes by without a news story of a property developer that goes bust. They’re contracted to build houses at fixed prices. Delays and cost spikes from inflation have made those contracts… problematic.

2/2.....

Certain logic says, its all about that (not neccessarily in that order)... BTC halving is the target for the (hopefully) significant news IMO !

More testing, progress ... patents ... before then , when the improvements will be most needed !

One of the most pivotal events on Bitcoin's blockchain is a halving, when the reward for mining decreases !

As of 2023, network participants who validate transactions are awarded 6.25 bitcoins (BTC) for each block successfully mined.

The next halving is expected to occur in April or May 2024, when the block reward will fall to 3.125. Over time, the impact of each halving will diminish as the block reward approaches zero.

And maybe dont take the eye of of something else here , maybe BTC related , maybe not, 'tucked up the sleeve' !

Https://compassmining.io/education/bitcoin-mining-stock-roundup-april-monthly-numbers/

https://twitter.com/cazenove_uk/status/1656038823556526080/photo/1

Bitcoin inches higher on improving macro conditions — could it hit $100K this year?

Bitcoin inched slowly higher last week on improving macro conditions and a big prediction from a major bank.

According to Standard Chartered, this could be just the beginning. The global bank released research last week claiming that Bitcoin has the potential to reach $100K by year end, driven by banking sector turmoil, along with the stabilization of risk assets as the US Federal Reserve ends its cycle of interest rate hikes.

In addition, Standard Chartered’s head of digital assets research, pointed to Bitcoin’s upcoming halving as a potential catalyst. This event, due next year, is the process by which the rewards for mining a new block are halved, and is generally considered to be a positive driver for Bitcoin.

As we approach the next halving, we expect cyclical drivers to become more constructive, as they have in previous cycles.

... and this lot are ok .... ... will give some decent / simple looking TA too ... albeit the daily stuff you'll have to sign up for ...(on offer - £2 a month at present)

https://www.marketwatch.com/

Hey Hopin , this will give you a variety of charts incl a daily version and incl a bit of TA for free ....

https://www.londonstockexchange.com/stock/QBT/quantum-blockchain-technologies-plc/company-page

Addison , using your clever skills, can you check Romania... and see if there's any recent BTC mining there ... i think we may be onto something ... tracking Eddie the Global !! ;_))

Could it've been Eddie .... after alll ... we know he's often o/s UK .... and he's global !! :-))

Night Eddie … sleep tight pal , don’t let Fleccy bite !

Ohhhh Eddie …. Yer so funny … telling me off for my grama! Got such a condescending (spellcheck) way about ya (ooops) ! ;-)))

'Bitcoin is stalling half way up a mountain and running out of food and water, the most likely route is down'.

..... you're hoping so !

... if he'd followed this chart..

https://bitcointicker.co/stamp/btc/usd/3Mth/

... gone in mid-March at the EMA crossover / divergence and ridden it to the 28/29 / 3 signal , he couldve made a few $

... and btw Fleccy ... if yer son-in-law had learnt his technicals ( and has time, possibly not but its trading 24/7 ... and not just punted on talk ... its a cinch to accumulte repetitive gains on BTC ... just follow the crossovers and divergences ... rinse / repeat ! Plenty do it !

(ps i'd add , above said , i'm sorry to hear he lost money !)

GLA