F2Pool co-founder Wang Chun insists on bullish Bitcoin and names multiple quantum concept stocks as bearish.

BTC2,34%

PANews February 17 News, F2Pool co-founder Wang Chun posted on X platform that quantum computing is more like a technological bubble compared to AI. The industry is currently filled with hype but has almost no actual deliverables. AI is continuously improving the real world, while quantum computing is unlikely to achieve practical applications by 2026, and is expected to remain difficult to generate substantial industry value for decades to come. His trading view is to short quantum computing but to remain long Bitcoin. He also specifically mentioned bearish views on several quantum computing concept stocks, including Rigetti Computing ($RGTI), D-Wave Quantum ($QBTS), Quantum Computing Inc. ($QUBT), and IonQ ($IONQ). Wang Chun added that the current products and commercialization capabilities of these companies are insufficient, and market valuation is more based on long-term technological expectations.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC drops below 70,000 USDT

Gate News bot message, Gate market display, BTC drops below 70,000 USDT, current price 69,984.8 USDT.

CryptoRadar51m ago

BTC 15-minute decline of 0.70%: On-chain large transfers and macro bearish signals resonate, triggering short-term selling pressure

From 18:00 to 18:15 (UTC) on March 10, 2026, BTC experienced a significant price fluctuation, with a 15-minute return of -0.70%. The price range was 70366.3-70915.0 USDT, with an amplitude of 0.77%. During the same period, trading volume increased by 18% compared to the previous hour's average, and the order book depth temporarily narrowed, indicating increased market volatility and heightened attention. The main drivers of this fluctuation were multiple large on-chain fund transfers and macro news resonance. Between 18:03 and 18:12, there were several on-chain transactions exceeding 500

GateNews1h ago
Comment
0/400
No comments