• Bitcoin selloff due to quantum fears doesn’t add up with Ether flat, says dev Bitcoin developer Matt Carallo says Bitcoiners are looking to “blame something” for the asset’s sluggish price, dismissing quantum fears as the culprit. • Cointelegraph in your social feed Bitcoin’s recent sell-off isn’t because of quantum computing fear, because if that were the case, Ether would be soaring, says Bitcoin developer Matt Carallo. • “I strongly disagree with the characterization that Bitcoin’s current price is materially, because of some kind of quantum risk,” Carallotoldjournalist Laura Shin on the Unchained podcast on Thursday. • “If that were true, then Ethereum would be up substantially on Bitcoin,” he added. • Ether (ETH) is down 58% since a major crypto market crash in early October, trading at $1,957 at the time of publication. • Carallo’s comments come as several Bitcoiners have argued that fears of quantum computing affecting the blockchain is partly why Bitcoin (BTC) has dropped 46% from its October all-time high of $126,100 to now trade at $67,162,accordingto CoinMarketCap.
Article Summaries:
- Bitcoin’s recent sell-off isn’t because of quantum computing fear, because if that were the case, Ether would be soaring, says Bitcoin developer Matt Carallo. “I strongly disagree with the characterization that Bitcoin’s current price is materially, because of some kind of quantum risk,” Carallo told journalist Laura Shin on the Unchained podcast on Thursday. “If that were true, then Ethereum would be up substantially on Bitcoin,” he added. Ether (ETH) is down 58% since a major crypto market crash in early October, trading at $1,957 at the time of publication. Carallo’s comments come as severa
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