I saw a news heading yesterday about how bitcoin was about to be...

I saw a news heading yesterday about how bitcoin was about to be obsolete. LOL. (https://www.news.com.au/finance/markets/world-markets/bitcoin-may-not-last-much-longer-experts-warning-as-crypto-plunges/news-story/fe89955eb501909d052db3c47348de1e)

The media really does presume that most people have no braincells. And quite frankly, it's sad how true that may well be. Bitcoin has gone up $24,000 in 6 months, but it has dipped within the last few months. Well, I am not saying here that AXE is like bitcoin, but the proportions are similar... Six months ago AXE was 0.76, now it is 1.08. Bitcoin was $42,000, now it is $66,000. Let's compare the rise of them both within six months... AXE is up 30% while bitcoin is up ... 30% as well? How could that be?

Wait a second. There's something else here too... Bitcoin reached $91,000 in early November... Axe reached $2.67 in August... Well, both of them are worthless now, right? I want to get rich within 6 days, not 6 months!!! COME ON!

By the way, I actually said something about AMD (NASDAQ) in August to provide context about such expected fluctuations... I even went to the trouble of finding a screenshot of the post:




On 31.8.2021, the price of an AMD share was: USD$110. Towards the end of last month it was USD$161. Why? I think the US market is more well-informed than ours here, somehow... I am not even trying to defend Archer right now. Frankly, I've been disappointed by the lack of announcements from the company lately, but I am optimistic nonetheless.

Having said that, qubits may already be out of fashion, unfortunately. Rigetti Computing is now using qutrits, apparently. This makes sense, after all, because we all need to accept that there are more than 2 sexes after all.. Quite a clever marketing move, you might say...
https://www.zdnet.com/article/quantum-computing-now-rigetti-explores-qutrits-as-well-as-qubits/

Does mother nature agree? Well, I'm not sure if we're allowed to disagree. Maybe that's the point here. But the chickens come home to roost eventually, don't they? Why don't Archer make some rainbow-themed 'queer-bits' to create a bit of a buzz in the public domain? Food for thought, perhaps.