[ExI] You'd better sell your bitcoins
Adrian Tymes
atymes at gmail.com
Wed Nov 19 13:26:16 UTC 2025
On Wed, Nov 19, 2025 at 8:15 AM John Clark <johnkclark at gmail.com> wrote:
> On Tue, Nov 18, 2025 at 10:49 AM Adrian Tymes via extropy-chat <extropy-chat at lists.extropy.org> wrote:
>>> >> Nobody can pinpoint the exact day a quantum computer capable of running Shor’s algorithm will become operational,
>>
>> > And I am not. The sequence of events is:
>> * That computer comes out.
>> * Sell your Bitcoins at this point.
>
> And at that point the price of bitcoin would have already dropped by at least 95%, probably more.
No panic before this point, therefore, no 95% drop.
>> > * The public demo of the algorithm is run.
>> * Then there might be a panic.
\>
> Might?!
Might,
>> > The panic won't happen until the public demo of the algorithm,
>
> The panic will happen as soon as the smart money realizes that such a demonstration is imminent, so for your strategy to work you would need to be smarter than the smart money. Are you that smart?
The smart money itself won't initiate the panic, by definition.
That's a small percentage of the investors.
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